{
  "schemaVersion": 1,
  "kind": "demoOffering",
  "id": "titan-fx-mt5-vu",
  "urls": {
    "html": "/demo-accounts/titan-fx-mt5-vu.html",
    "json": "/demo-accounts/titan-fx-mt5-vu.json",
    "markdown": "/demo-accounts/titan-fx-mt5-vu.md"
  },
  "policy": "Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.",
  "record": {
    "checked": "2026-10-12",
    "tested": false,
    "funds": null,
    "currency": null,
    "fundsLabel": "USD 50,000",
    "fundsNote": "Other amounts/currencies on request.",
    "expiryType": "inactivity",
    "expiry": "30 days since last login",
    "expiryNote": "See documented terms for scope and exceptions.",
    "evidence": "documented",
    "signup": "See the documented terms below. Account opening has not been tested.",
    "note": "Confirm exact resident/citizenship eligibility and signup routing Confirm demo-only KYC and top-up access without real account Confirm specific alternative currencies and balances",
    "id": "titan-fx-mt5-vu",
    "broker": "Titan FX",
    "entity": "Titan FX Limited",
    "regions": [
      "VU"
    ],
    "region": "VU",
    "regionLabel": "Vanuatu",
    "researchScope": "Vanuatu",
    "platform": "mt5",
    "platformLabel": "MetaTrader 5",
    "terms": "Free; USD50,000; other amounts/currencies available on request. FAQ specifies 30 days after last login, renewable by logging in, rather than fixed 30-day lifetime. Unlimited number of demos. Real-account holders may add unlimited virtual funds. MT4/MT5 desktop and iOS/Android; EA testing advertised.",
    "entityMapping": "The /eu demo URL identifies Titan FX Limited 40313, Vanuatu. The path does not establish an EU licence. Cyprus payment facilitator is not the broker.",
    "eligibility": "Site limits services to permitted residence and citizenship jurisdictions; this page does not enumerate countries.",
    "evidenceNote": "Official demo offer verified; terms broker-stated, signup and trading not tested",
    "sources": [
      "titan-fx-2"
    ],
    "visit": "titan-fx-2",
    "regulation": {
      "status": "Verified",
      "entity": "Titan FX Limited",
      "regulator": "Vanuatu Financial Services Commission",
      "finding": "Current VFSC table lists Titan FX Limited Active, licence date 29-Jun-2022, classes A/B/C.",
      "scope": "The /eu demo URL identifies Titan FX Limited 40313, Vanuatu. The path does not establish an EU licence. Cyprus payment facilitator is not the broker.",
      "sources": [
        "titan-fx-reg-1",
        "titan-fx-reg-2"
      ]
    },
    "signupLink": {
      "kind": "demo-page",
      "note": "Broker demo page; select your platform to continue.",
      "status": "Official entry route",
      "url": "https://titanfx.com/eu/trading-accounts/forex-demo",
      "sourceUrl": "https://titanfx.com/eu/trading-accounts/forex-demo",
      "checked": "2026-10-13",
      "tested": false
    },
    "execution": {
      "scope": "Titan FX Limited · Vanuatu MT4/MT5; only this named entity's contract classified.",
      "tested": false,
      "role": {
        "value": "Principal",
        "status": "Documented",
        "note": "Vanuatu terms section 3.2 says Titan enters each contract as principal.",
        "sources": [
          "ex-c-titan-contract"
        ],
        "checked": "2026-10-13"
      },
      "arrangement": {
        "value": "Automatic back-to-back hedging",
        "status": "Broker-reported",
        "note": "Section 3.4 says Titan automatically enters a back-to-back contract with a hedging partner after entering the client contract. This does not convert the client relationship into agency.",
        "sources": [
          "ex-c-titan-contract"
        ],
        "checked": "2026-10-13"
      },
      "demo": {
        "value": "Live-feed and similar-condition claims",
        "status": "Broker-reported",
        "note": "The demo page claims a live price feed and same EA conditions. Its explicit identical-price feature is labelled MT4; neither statement independently establishes identical fills or slippage on MT4/MT5.",
        "sources": [
          "ex-c-titan-demo"
        ],
        "checked": "2026-10-13"
      },
      "review": {
        "checked": "2026-10-13",
        "outcome": "Role: Principal; Arrangement: Automatic back-to-back hedging; Demo: Live-feed and similar-condition claims. Official documentation review only; no account or order tests.",
        "remainingChecks": [
          "Verify demo fills, rejects and liquidity rather than treating price-feed similarity as execution parity."
        ]
      }
    },
    "markets": {
      "scope": "Titan FX Limited · Vanuatu · MetaTrader 5. Market coverage not yet reviewed.",
      "tested": false,
      "forexCfd": {
        "status": "Requires Verification",
        "note": "Forex CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      },
      "cryptoCfd": {
        "status": "Requires Verification",
        "note": "Cryptocurrency CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      }
    },
    "api": {
      "status": "Requires Verification",
      "type": null,
      "route": "Not established for this offering",
      "note": "API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.",
      "requirements": "Confirm the account, platform and regional requirements with the broker.",
      "sources": [],
      "docs": [],
      "checked": null,
      "tested": false
    }
  },
  "sources": {
    "ex-c-titan-contract": {
      "title": "Titan FX Limited Vanuatu terms",
      "url": "https://titanfx.com/storage/uploads/legal/titan-fx-limited-vanuatu/titan-fx-terms-and-conditions_fsaal.pdf",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Sections 3.2-3.4, page 6; definition of Titan FX in section 26",
      "access": "Official page/PDF opened and read; no account opened or trading tested."
    },
    "ex-c-titan-demo": {
      "title": "Titan FX Limited demo account",
      "url": "https://titanfx.com/eu/trading-accounts/forex-demo",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Introductory live-feed paragraph, MT4 features and EA FAQ; Vanuatu entity footer",
      "access": "Official page/PDF opened and read; no account opened or trading tested."
    },
    "titan-fx-2": {
      "title": "Titan FX demo account",
      "url": "https://titanfx.com/eu/trading-accounts/forex-demo",
      "owner": "Broker",
      "evidence": "Demo balances, inactivity rule, top-ups, platform coverage and exact Vanuatu entity.",
      "access_note": "Direct page read 2026-10-12."
    },
    "titan-fx-reg-1": {
      "title": "VFSC Financial Dealers Licensee List",
      "url": "https://www.vfsc.vu/financial-dealers-licensee-list/",
      "owner": "Regulator",
      "evidence": "Titan FX Limited 40313, Active, A/B/C, 29-Jun-2022.",
      "access_note": "Live official HTML read 2026-10-12."
    },
    "titan-fx-reg-2": {
      "title": "Titan FX demo account",
      "url": "https://titanfx.com/eu/trading-accounts/forex-demo",
      "owner": "Broker",
      "evidence": "Demo balances, inactivity rule, top-ups, platform coverage and exact Vanuatu entity.",
      "access_note": "Direct page read 2026-10-12."
    }
  }
}