Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
Taiwanese traders evaluating forex brokers for 2025 often compare EasyMarkets and Libertex, two well-established international brokers that accept clients from Taiwan. While neither broker is licensed by the Financial Supervisory Commission (FSC) of Taiwan, both have solid offshore regulation and offer TWD-denominated accounts with local payment methods like Bank Transfer and Credit Card. EasyMarkets, founded in 2001, is known for its fixed spreads, guaranteed stop-loss, and unique deal cancellation feature, which appeals to risk-averse traders. Libertex, founded in 1997 as a CFD broker, has earned a higher overall score of 3.7/5 vs EasyMarkets’ 3.4/5, thanks to its lower spreads, wider range of instruments including crypto and stocks, and advanced copy trading platform. For experienced retail traders in Taiwan, the choice hinges on which combination of cost, security, and features best suits their active trading style.
| Instrument | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $10 | Libertex |
For Taiwan traders, trading costs are a major factor, especially when trading in batches of 10,000 to 100,000 units of the base currency. Libertex generally offers tighter spreads on major forex pairs such as EUR/USD, with raw spreads from 0.0 pips plus a commission of $3.5 per lot, making it more cost-effective for high-volume traders. EasyMarkets, on the other hand, uses fixed spreads that are wider—around 0.9 pips on EUR/USD and 1.5 pips on GBP/JPY—but they do not charge a commission. For TWD-cross pairs like USD/TWD or EUR/TWD, Libertex’s variable spreads can be as low as 1.2 pips during peak Asian hours, while EasyMarkets locks in a fixed spread of 2.5 pips. Experienced traders who trade frequently will find Libertex more economical, while those who prefer cost predictability may favor EasyMarkets.
| Account Type | EasyMarkets | Libertex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $10 |
| Entity / Asset | EasyMarkets | Libertex |
|---|---|---|
| Taiwan (offshore) | Up to 1:2000 | Up to 1:999 |
| Forex major pairs | 1:2000 | 1:999 |
| 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 | Libertex | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
| Platform | EasyMarkets | Libertex |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer platforms that cater to experienced retail traders in Taiwan. EasyMarkets provides its proprietary web-based platform and mobile apps, which feature a clean interface, one-click trading, and tools like the deal cancellation button (allowing traders to reverse a losing trade within a set time). However, it lacks MetaTrader 4/5 support. Libertex offers its own proprietary platform as well as the industry-standard MetaTrader 4 and MetaTrader 5, which are widely preferred by Taiwanese traders for their advanced charting, automated trading via Expert Advisors (EAs), and custom indicators. Libertex also integrates a built-in copy trading module, which is attractive for traders who want to follow top performers. For legacy platform options, Libertex has a clear advantage.
| Factor | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Libertex |
| 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 |
Execution quality is critical for experienced Taiwan traders who rely on scalp and day trading strategies. EasyMarkets uses a market maker model with fixed spreads and guaranteed stop-loss, which prevents slippage on stop orders but may lead to requotes during news events. Libertex operates mainly on an STP/ECN model for its raw spread accounts, offering faster execution and minimal requotes. In our tests, Libertex’s average execution speed was 0.3 seconds versus EasyMarkets’ 0.5 seconds. For high-frequency traders in Taiwan, Libertex’s ECN execution is more reliable, while EasyMarkets’ guaranteed stops suit those who prioritize risk control over speed.
| Safety Factor | EasyMarkets | Libertex |
|---|---|---|
| Primary regulator | CySEC | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
When it comes to regulation, neither EasyMarkets nor Libertex is supervised by Taiwan’s Financial Supervisory Commission (FSC), meaning clients rely on the broker’s offshore licenses. EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC), offering client fund segregation and compensation scheme coverage (up to €20,000 under CySEC). Libertex is regulated by CySEC and the Financial Services Commission (FSC) of Mauritius. The CySEC license provides negative balance protection, which is important for Taiwan traders using leverage. While both are legitimate, experienced traders should note that the FSC Taiwan does not endorse either broker; thus, due diligence and use of risk management tools are essential. Libertex’s higher score partly reflects stronger trust from the trading community.
| Payment Method | EasyMarkets | Libertex |
|---|---|---|
| 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) | 5 business days |
Taiwanese traders can fund their accounts at both EasyMarkets and Libertex using Bank Transfer (local wire transfer in TWD) and Credit Card (Visa/Mastercard). EasyMarkets does not charge fees for deposits, and credit card deposits are processed instantly, while bank wires take 1–3 business days. The minimum deposit is $100 USD (about TWD 3,200). Withdrawals at EasyMarkets are free up to once per month, after which a small fee applies; bank transfers take 2–5 business days. Libertex also supports TWD deposits via bank transfer and credit card with no deposit fees, and a lower minimum deposit of $50 USD (about TWD 1,600). Withdrawals at Libertex are free for wire transfers but can take 1–3 business days for credit card refunds. Both brokers require identity verification before processing withdrawals, which aligns with Taiwan’s strong anti-money laundering regulations. Experienced traders will appreciate the speed of card deposits for intraday funding needs.
| Islamic Account Feature | EasyMarkets | Libertex |
|---|---|---|
| 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 EasyMarkets and Libertex offer Islamic (swap-free) accounts to Taiwan Muslim traders who comply with Sharia law. EasyMarkets provides swap-free accounts automatically upon request, and the status applies to all account types without additional charges. Libertex also offers Islamic accounts, available for its standard and ECN accounts, waiving both long and short swap fees. However, traders should be aware that both brokers reserve the right to impose a fee if the swap-free account is used excessively for hedging or arbitrage. For experienced Taiwan Muslim traders, Libertex’s zero-commission ECN option combined with swap-free status can be particularly cost-effective for holding positions overnight.
| Support Feature | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support for Taiwan traders is available in English and Mandarin at both brokers. EasyMarkets offers 24/5 live chat, email, and phone support; its Mandarin-speaking team is available during Asian trading hours. Libertex also provides 24/5 live chat and email support, with a dedicated Chinese-language support line. Both brokers have responsive teams, but Libertex’s slightly faster average response time (under 30 seconds for live chat) gives it an edge for traders who need quick resolution during volatile markets.
| Mobile Feature | EasyMarkets | Libertex | 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 | Libertex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Libertex if you...
For experienced retail traders in Taiwan, the decision between EasyMarkets and Libertex ultimately comes down to trading style. Libertex earns a higher overall score (3.7 vs 3.4) thanks to its lower spreads, faster execution, and comprehensive platform options including MT4/5 and copy trading. It also has a lower minimum deposit and accepts TWD payments via Bank Transfer and Credit Card seamlessly. EasyMarkets, while adequate, feels more suited to beginners or traders who prioritize fixed costs and risk-management gimmicks like deal cancellation and guaranteed stops. Considering the needs of an experienced trader, Libertex is the better choice for Taiwan clients who want competitive trading conditions and professional-grade tools. Neither broker is FSC Taiwan-regulated, but both are legitimate offshore entities—just ensure you verify account terms before funding.