Caution! Titantradexpert is an offshore company! Your funds may be at risk.
Titantradexpert Key Facts
🔴 Titantradexpert offers questionable investment opportunities – a clear sign of a scam!
🔴 Titantradexpert provides fake contact information – beware!
🔴 Titantradexpert lacks any license for the provision of its services – a huge red flag!
🔴 Titantradexpert’s domain has been registered extremely recently – another off-putting detail!
Titantradexpert products and services
Titantradexpert is yet another online scam that promises quick and high returns on investments – the company claims that it can achieve returns of 15% daily with its most modest plan. Make no mistake – it cannot, and it is only after your deposits.
People should always be cautious when dealing with businesses offering enormously high yields because it’s scammers’ trait to promise big and create unrealistic expectations. In reality, regulated financial companies cannot secure more than a few percents annually with their fixed-income products. There is a huge discrepancy between these offers and the regulated companies standards. Judging by the products and services they sell, we suspect it’s a scam, so beware.
Titantradexpert company and regulation
Titantradexpert is not a licensed company – far from it, there is not a single mention of regulation on its website. Titantradexpert is quite comfortable operating illegally and that’s unsettling to us.
The US financial services regulation is very complex in the USA. Derivatives markets regulation is a responsibility of CFTC and NFA. Forex brokers and most of the investments companies have to be NFA members and CFTC registered to operate in the USA. On the other hand, securities markets are controlled by the SEC, a government independent agency responsible to maintain the integrity of the financial markets.
While SEC focuses more on the procedure regulation insisting on financial reports and management discussion and analysis, NFA and CFTC impose pretty straightforward requirements. To become authorised the companies have to provide 20 million USD in paid-up capital, which is considered a guarantee that the businesses can survive in turbulent times and pay whenever they have to.
Other customer protection measures include clients’ accounts segregation and leverage restrictions for forex brokers- 1:50. Also, CFTC brokers’ clients are not allowed hedging, which is one of the very unique US features. Unfortunately, the cryptocurrencies regulation is still inept, so traders and investors should be wary when dealing with crypto offers.
Titantradexpert address and contacts
Titantradexpert’s stated address line is this one: 9900 Corporate Campus Drive Louisville KY 40223. Of course, as the company is not licensed by the US authorities, it cannot have an office there – but, there is also the issue of the address having been used in the past by a disturbing amount of scammers, the ones we have reviewed available here:
Transparency is crucial when talking about brokers and investment companies, and it’s part of the regulatory framework. The regulated companies are open to financial authorities following certain transparency rules, so it’s generally unlikely to conduct fraudulent activities. They are also bound to provide the public with crucial information about themselves, making it easy for traders and investors to confirm the company’s legitimacy.
Titantradexpert website info
Titantradexpert’s domain displays two of the most common signs of a scam – it has been registered quite recently – in February 2021, and has been online for less than a two months. What’s more, the domain is incredibly unpopular to the point where SimilarWeb does not even list it due to low traffic.
The domain owners have once again breached the principles of transparency by not providing their identities to WhoIs lookups. And they have also registered their domain on the 184.108.40.206 IP address – one that hosts over 30 other scam domains. The ones we have reviewed are available below if you are interested.
We paid utmost attention to the regulation and transparency in the sections above because it’s mandatory for trading and investments. Pretty much each company offering financial services have to be authorised by the local financial authority.
However, some entities operate unlicensed and intentionally run investment fraud. It would be best if you only dealt with companies authorised by the regulators, so always check to make sure they are. Bear in mind that if you trade with unauthorised businesses, you won’t be protected, so it’s very likely to suffer losses almost impossible to recover if things go wrong.
Online scam is trending nowadays with fraudulent websites popping up literally every day. The financial authorities increase the number of warnings issued year after year, but the dangers are still out there and growing exponentially. You’ll realise the hazards when you consider OneCoin scam- it’s still impossible to calculate the total loss, but it’s regarded as 15 billion worth fraud. Make sure to trade with licensed and regulated companies to avoid off-putting losses.