The story about the Titan Wealth 24 broker is not at all impressive or even anywhere close to the greatness that they’re trying to represent. The website domain itself is built on a template we’ve run into quite a few times before.
Anonymous and not in any way regulated, this generic and cheap website displays an abundance of red flags you shouldn’t ignore. We’ve listed them all in the following Titan Wealth 24 review, so read on.
| Regulated by: | Unregulated Broker |
| Is This Company Safe? | No, this broker is blacklisted and unlicensed, therefore, don’t trust them! |
| Known Websites: | titanwealth24.com |
| Have Warnings from: | AMF, CSA |
| Registered in: | N/A |
| Operating since: | 2023 |
| Trading Platforms: | Web trader |
| Maximum Leverage: | 1:10 |
| Minimum Deposit: | N/A |
| Deposit Bonus: | Not available |
| Trading Assets: | Forex, Crypto, Indices, Commodities, Stocks |
| Free Demo Account: | Not available |
| How to Withdraw from This Company? | Payouts are blocked by these cyber criminals – better contact our legal professionals for support and guidance. |
Untraceable Company Background
There’s not a single piece of information, let alone a list of legal papers, where we could find out more about this mysterious conduct. Without the essential corporate details, it’s simply impossible to determine the legal background of this shady firm.
Searching through the databases of various regulatory entities, we only found two warnings, issued by AMF and CSA – regional Canadian regulatory bodies.
That pretty much tells us everything that the website isn’t revealing: the firm is illicit and operates without providing proper fund protection, risk-reducing measures or compensation plans. Another such entity is Zoomex, and you should be extremely careful if ever approached by their boiler room agents.
How The Fraud Operates
Since the titanwealth24.com site was created in September 2023, the fraudsters were using it to target the people from these countries:
- Belgium
- Denmark
- Canada
- Sweden
- United Kingdom
The Titan Wealth 24 crypto scam works as an old-fashioned boiler room, albeit with a more modern touch. Where the old school boiler room agents would use phones to pester their marks, these new ones are also active on social networks and online chat messaging services.
The strategy, though, remains the same – make unrealistic promises, take the money, and disappear. Recovering the lost money is not easy, but is still doable. Contact our legal experts to learn more about the recovery process.
Faking Their Rating Scores
One look at the Titan Wealth 24 reviews on TrustPilot, and you’ll see how hard these guys are trying to keep their reputation afloat. This is a common deception tactic, with Immediate Vortex doing something similar.
With the Titan Wealth 24 scam, however, the involvement of the notorious review seller networks is ramped up to the max! At any given time they will post additional 5-star comments to always match a 50% positive rating score. At the moment, there’s 50% 5-stars, 2% 3-stars and 28% 1-star ratings.
Honestly, we’ve never seen anyone so diligent in covering up the fraud that they make their efforts this obvious.
Costs Already Seen
As it already happened with these copy-pasted web presentations, again we have the same ole fees presented – 0.40% administration fees and 0.35% management fees. None of the other costs are revealed, and we’re sure there’s a whole palette of these.
As for the concrete trading terms, once we logged into the user area, the only place leverage was visible was inside the platform – 1:10. However, spreads, swaps or anything of the sort remains unknown.
Underperforming Tools
Instead of an alleged MT4 web trader, all we found was a rudimentary web terminal that numerous scammers are known for. Furthermore, no particular account types are designed and not even the minimum deposit amount is given. All in all, this online trading portal is a total disaster!
Useless Trading Platform
While the trading app advertised on the site is MT4 Web, the actual Titan Wealth 24 app is a basic web trader. This piece of software is particularly attractive for various confidence tricksters, as it requires very little in the means of setup and operation.
What it lacks in trading amenities, it compensates with the ease of data tampering. This way, the con artists can edit your market data and make you lose money with every trade.
Typical Assets Offer
Nothing suggests that the range of available financial instruments on this site is anyhow impressive or worth paying for. There’s only several standard groups of tradable products:
- Stocks – Chevron, Disney, Alibaba
- Crypto – BTC, ETH, XRP
- Forex – EUR/USD, USD/JPY, EUR/CHF
- Commodities – Oil, Sugar, Cotton
- Indices – DAX, DOW, CAC
No Trading Account Choices
The site never advertises any selection of separate trading accounts. That doesn’t mean that the swindlers won’t try the old tiered account narrative once they get a few dollars in initial deposits.
The actual Titan Wealth 24 login server is the same one run with the other sites built on the same pattern. We know this, because instead of creating a new account, we could log in with the credentials from another, identical fraud site we reviewed earlier.
Compromised Transfers
The AML breach is evident with this one: while account funding is only available via crypto channels, Titan Wealth 24 withdrawal is allegedly done via credit cards. That’s not even the main issue with this fraudster.
The absence of legal documents, instructions on how to request payouts, processing time and fees are also red flags you simply can’t ignore. For the sake of your financial safety and integrity, please refrain from dealing with this con Forex dealer!
Defunct Help Center
Whatever way you try to get in touch with allegedly diligent customer service, it will prove to be nonfunctional. Although there’s a phone number, email address and an online form available for reaching out to support offices, none works. So much for the promised 24/5 support!
Lost Money To Scammers? Call Our Experts!
The main website of the Titan Wealth 24 forex scheme is another iteration of a known old fraudulent template. The con strategies themselves are some of the oldest in the book. It goes without saying that this self-proclaimed company is operating with no regulatory oversight whatsoever.
Don’t let any of this dissuade you from working on the recovery of your funds. Our experts are at your disposal 24/7 via the live chat, and our first consultation is absolutely free. Contact us today, and start fighting back for what is yours!
FAQ Section
What is Titan Wealth 24?
It is an unregulated firm that operates a boiler room disguised as an online forex broker.
Is Titan Wealth 24 Legit?
No, there is nothing legitimate about this anonymous company. Your investment is at risk – contact our experts for recovery!
How to Recover Money From a Financial Fraud?
There are a few ways, depending on the deposit methods. Book a free consultation with our professional team to learn more.
Source:
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