Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Taiwan, choosing between EasyMarkets and Moneta Markets is a critical decision that impacts trading costs, platform usability, and deposit convenience. Both brokers have established strong reputations globally, but their offerings differ significantly when tailored to the Taiwan market. EasyMarkets, with an overall score of 3.4/5, is known for its fixed spreads, innovative risk management tools like DealCancellation, and a user-friendly web platform. Moneta Markets, scoring 3.3/5, appeals to cost-conscious traders with its raw spreads from 0.0 pips and MetaTrader 4/5 support. For Taiwan traders, local factors such as TWD deposit options via Bank Transfer and Credit Card, regulatory awareness of the FSC Taiwan, and the need for fast execution are paramount. This comparison will help you decide which broker aligns better with your trading style in the Taiwan context.
| Instrument | EasyMarkets | Moneta Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Moneta Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Moneta Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Moneta Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Moneta Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $50 | EasyMarkets |
When comparing trading costs for Taiwan traders, Moneta Markets has a clear advantage on spreads, especially for high-volume traders. Its Pro account offers raw spreads from 0.0 pips with a $7 commission per lot round-turn, while EasyMarkets charges fixed spreads from 1.0 pips on its standard account with no commission. For a Taiwan trader executing 50 lots per month on EUR/USD, Moneta Markets would cost approximately $350 in commission, whereas EasyMarkets would cost $500 in spread costs. However, EasyMarkets’ fixed spreads protect against widening during volatile news events, which can benefit traders who hold positions longer. Additionally, EasyMarkets charges no swap fees on certain instruments, while Moneta Markets applies standard swap rates. Overall, Moneta Markets is cheaper for scalpers, while EasyMarkets offers cost predictability.
| Account Type | EasyMarkets | Moneta Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $50 |
| Entity / Asset | EasyMarkets | Moneta Markets |
|---|---|---|
| Taiwan (offshore) | Up to 1:2000 | Up to 1:1000 |
| Forex major pairs | 1:2000 | 1:1000 |
| 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 | Moneta Markets | 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 | ✗ | ✗ | Moneta Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | Moneta Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets offers its proprietary web-based platform, which is intuitive and includes built-in risk tools like the DealCancellation feature—useful for Taiwan traders who want to reverse losing trades within a set period. It also provides a mobile app for on-the-go trading. Moneta Markets, in contrast, supports the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are preferred by experienced traders for advanced charting, custom indicators, and algorithmic trading. Taiwan traders who rely on Expert Advisors (EAs) will favor Moneta Markets, while those seeking simplicity and innovative features may prefer EasyMarkets. Both platforms are available in English and Chinese, catering to the Taiwan market.
| Factor | EasyMarkets | Moneta Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Moneta Markets |
| 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 |
EasyMarkets offers market execution with no requotes and average execution speeds of around 50ms, suitable for most trading styles. Moneta Markets uses ECN/STP execution with speeds as low as 30ms, making it better for scalpers and high-frequency traders. Both brokers have no dealing desk intervention, but Moneta Markets’ direct market access provides tighter pricing during volatile periods. For Taiwan traders trading major pairs like USD/TWD, Moneta Markets offers faster fills.
| Safety Factor | EasyMarkets | Moneta Markets |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✗ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither EasyMarkets nor Moneta Markets is directly regulated by the Financial Supervisory Commission (FSC) in Taiwan, which is common for offshore brokers serving Taiwan traders. EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) in Seychelles, while Moneta Markets is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA) in St. Vincent and the Grenadines. For Taiwan traders, this means deposits are not covered by local investor protection schemes. However, both brokers adhere to international standards, including segregated client accounts and negative balance protection. Experienced Taiwan traders often accept this regulatory setup, but those prioritizing FSC oversight should consider local alternatives.
| Payment Method | EasyMarkets | Moneta Markets |
|---|---|---|
| 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) | Internal Processing: Generally handled within 24 hours by the finance team.Credit/Debit Cards: 1 to 5 business days to fully reflect.Bank Wire / International Transfers: 3 to 5 business days to complete. |
Depositing and withdrawing funds in Taiwan is straightforward with both brokers, as they support Bank Transfer and Credit Card payments in TWD. EasyMarkets offers free local bank transfers with no fees and a minimum deposit of $100 (approx. NT$3,200). Credit card deposits are instant and also free, with withdrawals processed within 1-3 business days. Moneta Markets has a lower minimum deposit of $50 (approx. NT$1,600) and supports the same methods, but bank transfers may incur intermediary fees of $10-$20. Withdrawals at Moneta Markets are processed within 24 hours for credit cards, while bank transfers take 2-5 business days. For Taiwan traders, EasyMarkets is more cost-effective for bank transfers, while Moneta Markets is better for small initial deposits. Both brokers do not charge internal withdrawal fees, but currency conversion costs may apply.
| Islamic Account Feature | EasyMarkets | Moneta Markets |
|---|---|---|
| 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 Moneta Markets offer Islamic (swap-free) accounts for Muslim traders in Taiwan who require compliance with Sharia law. EasyMarkets provides a dedicated Islamic account that automatically applies no interest on overnight positions, with no extra fees or conditions. Moneta Markets also offers swap-free accounts upon request, but they may require a minimum trading volume or charge an administrative fee after a holding period (e.g., 10 days). For Taiwan Muslim traders who hold positions overnight, EasyMarkets is more transparent and hassle-free. However, Moneta Markets’ swap-free account is available on both MT4 and MT5 platforms, offering more flexibility for algorithmic traders. It is advisable to confirm eligibility with customer support before opening an account.
| Support Feature | EasyMarkets | Moneta Markets | 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 customer support via live chat, email, and phone, with Chinese language support available during Asian trading hours. Moneta Markets also provides 24/5 support in multiple languages, including Mandarin, through live chat and email. Both brokers have responsive teams, but EasyMarkets has a slight edge with faster response times (under 30 seconds on live chat) and a comprehensive FAQ section. For Taiwan traders, both are adequate, but EasyMarkets is more reliable for immediate assistance.
| Mobile Feature | EasyMarkets | Moneta Markets | 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 | Moneta Markets | 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 Moneta Markets if you...
For experienced retail traders in Taiwan, the choice between EasyMarkets and Moneta Markets depends on trading style and priorities. EasyMarkets (score 3.4/5) is ideal for traders who value fixed spreads, innovative risk management, and cost-free TWD bank transfers. Its user-friendly platform and 24/5 Chinese support make it a reliable choice for Taiwan traders who prioritize simplicity and predictability. Moneta Markets (score 3.3/5) appeals to cost-conscious scalpers and algorithmic traders with its raw spreads, fast execution, and MT4/5 support. However, its bank transfer fees and less transparent Islamic account terms are drawbacks. Considering local factors like FSC Taiwan regulation and payment methods, EasyMarkets offers a more tailored experience for Taiwan traders, while Moneta Markets suits those seeking lower trading costs. Ultimately, both are solid options, but EasyMarkets has a slight overall edge for the Taiwan market.