Sometime back, I had a cold call (well, someone's circulating my contact details around) from Elizabeth of TitanTrade. After listening to the opening spiel, I asked if they were regulated. I had to ask about 4 or 5 times before she addressed the question, and then said that they were regulated by Spotoptions.com, who provide the online platform. This didn't smell right to me, and I said that I was ending the call and to not ring me back. 10 minutes later she rang back and I told her again to not call me again and hung up. Anyway< I checked the spotoptions website. She had had lied to me - at the bottom of the spotoptions.com homepage website it clearly states "Disclaimer: Spotoption is solely a technology company, which provides trading software to brokers in the online binary options/forex industry.
SpotOption is not a broker, and does not engage with the end-users of the brokers that license their software.
Therefore, all regulatory issues and activity concerning the broker is entirely under the responsibility of the broker, and in no way related to SpotOption.
"
Please note that I do not have confirmation that SpotOptions are involved with TitanTrade, but even they are, it seems irrelevant as far as regulation goes.