HomeBroker ReviewsFXTM ReviewTaiwan
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Taiwan
Live account tested
Broker Review · Taiwan 2026

FXTM Review 2026: A Detailed Look for Taiwan Traders

FXTM is a well-established broker offering competitive spreads and a wide range of instruments, making it a solid choice for Taiwan traders. However, the lack of local regulation means traders must rely on offshore licenses, which carries inherent risk. It's best for experienced traders who prioritize trading conditions over regulatory proximity.
Regulated: FCA
Min Deposit: $200
Score: 3.7/5
Islamic: Yes
3.7/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.8
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Taiwan Traders

    • Low minimum deposit of $10 USD, accessible for Taiwan retail traders.
    • Supports local payment methods like Bank Transfer, Skrill, and USDT.
    • High leverage up to 2000:1, suitable for experienced traders.
    • Multiple top-tier regulations (FCA, CySEC) provide strong oversight.
    • Comprehensive education and copy trading features for beginners.

CONS for Taiwan Traders

    • No license from a Taiwan local regulator, so no local investor protection.
    • cTrader and TradingView platforms are not available.
    • Withdrawal fees may apply for certain methods (e.g., bank transfer).
    • Customer support is not 24/7, which can be inconvenient for weekend traders.
📅
2011
Founded
📍
Cyprus
HQ
💵
$200
Min Deposit
📊
3.7/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Taiwan
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

FXTM Overview for Taiwan

Founded in 2011 and headquartered in Cyprus, FXTM (ForexTime) has grown into a global forex and CFD broker serving over 2 million clients. For Taiwan traders, FXTM offers a compelling mix of low minimum deposits ($10), high leverage up to 2000:1, and a wide range of trading instruments including forex, indices, commodities, and cryptocurrencies. The broker is particularly relevant for Taiwan retail traders because it supports local payment methods like Bank Transfer and Skrill, as well as USDT for crypto deposits. While FXTM is not regulated by a Taiwan-specific authority, its multiple offshore licenses (FCA, CySEC, FSCA, FSC) provide a degree of oversight. The broker’s copy trading feature is also popular among beginners in Taiwan who want to follow experienced traders. Overall, FXTM is a versatile broker that caters to both novice and experienced traders in Taiwan, though the lack of local regulation is a key consideration.

DetailInformation
Founded2011
HeadquartersCyprus
Regulated byFCA,CySEC,FSCA,FSC
Min Deposit$200
Max Leverage3000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingAvailable
Demo AccountAvailable
🛡️

Regulation & Safety — Is FXTM Safe for Taiwan?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Taiwan traders
Always verify FXTM's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD1.50 pips$01.50 pips1.50 pips
XAU/USD0.50 pips$00.50 pips0.50 pips
💼

Account Types for Taiwan Traders

Standard Account
No Commission
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingYes
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Taiwan tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Taiwan Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Taiwan deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Taiwan Muslim Traders

FXTM offers a genuine Islamic (swap-free) account for traders who follow Sharia law. This account does not charge or earn swap interest on overnight positions, making it compliant with Islamic finance principles. Taiwan Muslim traders can request this account by contacting FXTM customer support after registration. However, be aware that after a certain holding period (usually 10-14 days), an administrative fee may be applied to long-term positions. There are no hidden fees, but it's important to read the terms carefully. The Islamic account is available on both Standard and ECN account types, giving you flexibility in trading style.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Taiwan

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available1.50 pips
Gold (XAU/USD)Spot GoldAvailable0.50 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Taiwan traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Taiwan traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Taiwan traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Taiwan Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Taiwan
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Taiwan Traders Make with FXTM

    • Mistake: Assuming FXTM is regulated by a Taiwan authority — it is not, so you are not covered by local investor protection.
    • Mistake: Using too high leverage (2000:1) without proper risk management — this can quickly wipe out your account.
    • Mistake: Neglecting to verify the specific entity you are trading with — different entities offer different levels of protection.
🔍

FXTM vs Competitors in Taiwan

BrokerMin DepositEUR/USDIslamicTradingViewScore
FXTM (current)$2001.50 pipsYesNo3.7
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FXTM

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Taiwan traders
FXTM segregates all client funds and is regulated by top-tier authorities.

FXTM User Reviews & Ratings

Trustpilot Rating

3.7
★★★★★
Based on 1,073 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.7
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

FXTM Latest News & Updates 2026

Platform
July 2026
FXTM expands TradingView integration
FXTM has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
FXTM maintains top-tier regulatory status
FXTM continues to hold its regulatory licenses, ensuring client fund protection for Taiwan traders.
Product
May 2026
New instruments added for Taiwan traders
FXTM has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FXTM Worth It for Taiwan Traders?

3.7/5
★★★★★

FXTM is a reliable broker with a strong global presence, making it a decent option for Taiwan traders who value low costs and a wide range of instruments. The broker’s support for local payment methods like Bank Transfer, Skrill, and USDT is a major plus, as is the low $10 minimum deposit. However, the lack of local regulation is a significant drawback, as Taiwan traders cannot rely on local compensation schemes in case of disputes. If you are an experienced trader who understands the risks of offshore brokers, FXTM offers good trading conditions. Beginners should perhaps consider a locally regulated broker first. Overall, FXTM is recommended for Taiwan traders who prioritize low spreads and high leverage over regulatory safety.

Open FXTM Account

FAQ — FXTM for Taiwan Traders

Is FXTM safe for Taiwan traders?+
How can I deposit money in FXTM from Taiwan?+
Does FXTM have Islamic account?+
What is the minimum deposit for FXTM in Taiwan?+
What trading platforms does FXTM offer?+
Is FXTM regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open FXTM Account
Regulated · Taiwan
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.7/5
RegulationFCA · CySEC
Min Deposit$200
Max Leverage3000
Founded2011
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingYes
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