Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
Taiwanese traders seeking a reliable forex broker often compare EasyMarkets and FXTM. Both are well-known international brokers that accommodate Taiwan clients, accept TWD deposits via Bank Transfer and Credit Card, and offer a range of trading instruments. However, their strengths differ: EasyMarkets (rated 3.4/5) focuses on simplicity with fixed spreads and guaranteed stop-loss, while FXTM (rated 4.3/5) provides tighter variable spreads and a wider selection of platforms like MT4 and MT5. For experienced traders in Taiwan, understanding these differences is crucial to aligning with their trading style. Neither broker is regulated by the FSC Taiwan, so due diligence on offshore regulation (CySEC, FCA, FSCA) is necessary. This comparison will help you decide which broker better fits your trading needs in the Taiwan market.
| Instrument | EasyMarkets | FXTM | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FXTM |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FXTM |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FXTM |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FXTM |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $200 | FXTM |
When comparing trading costs for Taiwan traders, FXTM generally offers lower spreads than EasyMarkets. FXTM's spread on EUR/USD can be as low as 0.0 pips on ECN accounts (with commission), while EasyMarkets charges a fixed spread around 1.2 pips. For high-volume traders in Taipei or Kaohsiung, FXTM's variable pricing reduces overall costs, but the commission can add up. EasyMarkets' fixed spreads are easier to budget for, making it suitable for traders who prioritize cost certainty over ultra-low spreads. Additionally, FXTM provides Raw Spread accounts for scalpers, while EasyMarkets offers no slippage, which can indirectly save costs during volatile sessions.
| Account Type | EasyMarkets | FXTM |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✓ |
| Min deposit | $25 | $200 |
| Entity / Asset | EasyMarkets | FXTM |
|---|---|---|
| Taiwan (offshore) | Up to 1:2000 | Up to 1:3000 |
| Forex major pairs | 1:2000 | 1:3000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | EasyMarkets | FXTM | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | ✗ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | FXTM |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | FXTM |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FXTM supports MetaTrader 4 and MetaTrader 5, plus its proprietary web and mobile platforms – a comprehensive set for experienced Taiwan traders who need advanced charting, Expert Advisors, and automated trading. EasyMarkets offers its proprietary web trader and mobile app, which are simpler and less customizable. For Taiwan traders who rely on custom indicators or EA strategies, FXTM is the better choice. However, EasyMarkets' platform includes risk management tools like deal cancellation, which can appeal to traders wanting extra control over their positions.
| Factor | EasyMarkets | FXTM | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FXTM |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
FXTM offers faster execution with ECN technology, achieving speeds under 30ms, which benefits scalpers and high-frequency traders in Taiwan. EasyMarkets uses a market maker model with no slippage guaranteed, meaning orders always fill at the requested price. This can be appealing for traders who hate requotes, but execution may be slower during news events. For experienced Taiwan traders who prioritize speed, FXTM is better; for those valuing price certainty, EasyMarkets is suitable.
| Safety Factor | EasyMarkets | FXTM |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). FXTM is regulated by CySEC, the UK Financial Conduct Authority (FCA), and the Financial Sector Conduct Authority (FSCA) of South Africa. Neither broker holds a license from the FSC Taiwan, meaning they operate as offshore providers for Taiwan clients. This means no local investor protection, but both brokers are well-established and follow strict European regulatory standards. Taiwan traders should evaluate the safety of their funds under these jurisdictions and consider the implications of trading with an unlicensed entity.
| Payment Method | EasyMarkets | FXTM |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. |
Both EasyMarkets and FXTM support Taiwan-friendly deposit methods: Bank Transfer and Credit Card. EasyMarkets processes TWD deposits via local bank transfer without additional fees, and withdrawals are typically free as well. FXTM also accepts TWD via Bank Transfer and major credit cards, with no deposit fees if the transfer is denominated in the broker's base currency. Withdrawal speeds vary: FXTM usually processes within 24 hours, while EasyMarkets may take 1-3 business days. Taiwan traders using Credit Card can expect instant deposits, though withdrawal to the same card may take a few days. Both brokers do not charge deposit fees for TWD, but be mindful of potential intermediary bank charges for Bank Transfers.
| Islamic Account Feature | EasyMarkets | FXTM |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both brokers offer Islamic (swap-free) accounts for Muslim traders in Taiwan who require compliance with Sharia law. EasyMarkets provides an Islamic account on request, with no swap or interest on overnight positions. FXTM also offers Islamic accounts on its standard and ECN accounts, but traders must contact support to enable it. There are no extra fees for these accounts, but holding positions overnight for extended periods may incur administrative charges. Taiwan Muslim traders should check with each broker's customer service to understand specific terms before opening an account.
| Support Feature | EasyMarkets | FXTM | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets offers 24/5 live chat, email, and phone support with English and Chinese language options, which is convenient for Taiwan traders. FXTM also provides 24/5 support via live chat, email, and phone, with dedicated Chinese-speaking agents. Both brokers have local contact numbers, but FXTM's support is generally faster and more comprehensive for account-related queries. For Taiwan traders, having support in Chinese is a key advantage for both brokers.
| Mobile Feature | EasyMarkets | FXTM | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | FXTM | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose FXTM if you...
For experienced Taiwan traders, FXTM is the superior choice overall with its 4.3/5 rating, lower spreads, advanced platforms, and robust regulatory oversight. While EasyMarkets offers unique features like fixed spreads and guaranteed stops, its higher costs and limited platform options make it less competitive for active traders. Both brokers support TWD deposits via Bank Transfer and Credit Card, but FXTM's faster execution and broader product range align better with the needs of experienced traders. Always consider that neither broker is regulated by the FSC Taiwan, so take appropriate risk management measures.