WikiFX scam alert: CONSOB warns of Titancfd !

First of all, let's start with the most important - the Italian Financial Supervisory Authority CONSOB issued an official warning on October 17 against the Titan-CFD.com, blacklisting this specific site.

It states that Titancfd was providing its services in the markets of Italy without obtaining the necessary permission from the regulator. It has been considered a scam by many investors.

Moreover, This broker advertises a series of trading softwares, but WikiFX couldn't access it. The site did not include any access or downloadable links, and therefore WikiFX was unable to register despite the endeavors.

Let's now look for “Titancfd” on the WikiFX app to learn more about this broker. WikiFX is a trusted global query platform that provides basic information and regulatory licensing query. WikiFX can evaluate the safety and reliability of more than 39,000 global Forex brokers. WikiFX gives you a huge advantage while searching for the best Forex brokers

As you can see, based on the information provided on WikiFX, Titancfd currently doesn't have a valid regulatory license and the result is somewhat negative – only 1.11/10! WikiFX gives brokers a score of 0 to 10. The higher the result, the more reliable the broker will be.

In short, it's not wise to invest in Titancfd. The so-called brokerage has an official CONSOB warning issued against it, which means that nothing here is actually legal. Investing in this broker is risky to all investors and their money!

WikiFX reminds you that Forex scam is everywhere, it is best to check the broker's information and user reviews on WikiFX before investing. You can also detect Forex scams on WikiFX. WikiFX will do everything in its power to help you uncover scams, and warn others against being deceived.