EasyMarkets vs Plus500 for Taiwan Traders (2026 Comparison)

When comparing trading costs for Taiwan traders, Plus500's variable spreads on forex pairs are generally tighter than EasyMarkets' fixed spreads. For example, EUR/USD spreads on Plus500 start from 0.6 pips, while EasyMarkets offers fixed spreads around 1.2 pips. For high-volume traders using multiple lots, this difference can significantly impact profitability over time. EasyMarkets' fixed spreads provide cost predictability, which some experienced traders prefer during volatile news events. Neither broker charges commission on forex trades, but overnight swap fees apply unless using Islamic accounts. Taiwan traders should also consider that Plus500's variable spreads may widen during low liquidity periods.

Plus500's proprietary web-based platform is known for its simplicity and intuitive design, ideal for experienced Taiwan traders who want fast execution without complex customisation. EasyMarkets offers both a web platform and mobile app, plus integration with TradingView for advanced charting and risk management tools like DealCancellation and Freeze Rate. For Taiwan traders who rely on technical analysis, EasyMarkets' charting capabilities may be superior, while Plus500's clean interface suits those who prefer straightforward trading without distractions.

Execution quality: Plus500 uses STP execution for forex, offering market execution with no re-quotes and typical latency under 50ms. EasyMarkets offers market execution with its own pricing engine and provides a 'Freeze Rate' tool to avoid slippage during volatile periods. For experienced Taiwan traders who trade high volumes, Plus500's execution may be slightly faster, while EasyMarkets' tools help manage execution risk during major economic releases from the US or Europe.

Regulation is a key consideration for Taiwan traders. EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), while Plus500 is regulated by the FCA (UK), CySEC, and ASIC. Neither is directly supervised by the FSC Taiwan. This means Taiwanese traders rely on the regulatory frameworks of these foreign authorities, which include client fund segregation and compensation schemes (e.g., FSCS for FCA). The FSC Taiwan does not cover offshore brokers, so traders should perform due diligence. Plus500's FCA regulation offers negative balance protection, a significant advantage for retail traders.

For Taiwan traders, both brokers support Bank Transfer and Credit Card deposits, with funds credited in TWD automatically converted. EasyMarkets also accepts e-wallets (Skrill, Neteller) and local options like UnionPay. Plus500 processes Credit Card deposits instantly. Withdrawals are typically processed within 1-3 business days for both, with EasyMarkets offering slightly faster processing. Bank Transfer withdrawals may incur fees depending on the Taiwan bank; Credit Card withdrawals are usually free. Minimum deposits are $100 for both brokers. Experienced traders should note that larger withdrawals via Bank Transfer might take longer due to local bank processing and potential anti-money laundering checks.

Both EasyMarkets and Plus500 provide swap-free Islamic accounts for Muslim traders in Taiwan who comply with Sharia law. EasyMarkets offers Islamic accounts upon request with no overnight interest on positions. Plus500 also provides swap-free conditions. These accounts may have restrictions – for example, they cannot be used for hedging or for holding positions beyond a certain period. Taiwan Muslim traders should contact customer support to apply and confirm eligibility. Both brokers treat Islamic accounts similarly, ensuring no interest is charged or earned.

Customer support for Taiwan traders: EasyMarkets offers 24/5 live chat, email, and phone support in English. Plus500 provides 24/7 live chat but no phone support. Neither broker offers direct Chinese-language support, which may be a drawback for some Taiwan traders. Plus500's continuous availability is helpful for those trading outside standard hours, while EasyMarkets' phone option is preferable for complex queries requiring detailed explanation.