Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Taiwan, choosing between EasyMarkets and XM Group involves evaluating local payment methods, regulatory comfort, and trading costs. Both brokers accept Taiwanese clients and support deposits via Bank Transfer and Credit Card, with EasyMarkets offering direct TWD transfers and XM providing quick credit card processing. XM Group's higher overall score of 4.7 out of 5 reflects its lower spreads, faster execution, and broader educational resources, while EasyMarkets scores 3.4 due to fixed pricing and a simpler platform. Taiwan's FSC (Financial Supervisory Commission) does not directly license either broker, but both operate under reputable offshore regulators—EasyMarkets under ASIC/CySEC and XM under FSC Cyprus. This comparison helps Taipei-based traders weigh cost, speed, and safety for active forex and CFD trading.
| Instrument | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | XM Group |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | XM Group |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | XM Group |
| Standard acc spread | from 1.0 pips | from 0.8 pips | XM Group |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $5 | EasyMarkets |
For Taiwan traders, spread costs are a decisive factor. XM Group offers variable spreads starting from 0.0 pips on its Zero account and around 1.0 pip on standard accounts, while EasyMarkets provides fixed spreads averaging 1.5 pips on major pairs. On a typical 1 lot EUR/USD trade, XM's variable spread saves about $5 per round turn compared to EasyMarkets. TWD-denominated pairs like USD/TWD are available at XM with competitive spreads; EasyMarkets does not offer the pair. For high-volume traders in Taiwan, XM's lower variable spreads significantly reduce transaction costs.
| Account Type | EasyMarkets | XM Group |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $5 |
| Entity / Asset | EasyMarkets | XM Group |
|---|---|---|
| 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 | XM Group | 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 | ✗ | ✗ | XM Group |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | XM Group |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, the preferred platforms for experienced traders in Taiwan. EasyMarkets additionally provides its proprietary web trader with built-in risk management tools like dealCancellation. XM Group supports MT4/MT5 with full Expert Advisor compatibility, essential for algorithmic trading popular among Taiwan's retail community. XM also offers a multilingual interface in Traditional Chinese, while EasyMarkets' platform is English-only. For Taiwan traders relying on automated strategies, XM's broader platform ecosystem is more suitable.
| Factor | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | XM Group |
| 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 a differentiator for experienced Taiwan traders. XM Group operates a No Dealing Desk (NDD) model with straight-through processing, resulting in average execution speeds under 0.1 seconds and minimal requotes. EasyMarkets uses a market maker model with fixed spreads and occasional requotes during volatile news events. XM's execution is superior for scalping and high-frequency strategies common among Taiwan's active retail traders, while EasyMarkets suits those who prefer predictable pricing.
| Safety Factor | EasyMarkets | XM Group |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is critical for Taiwan traders due to the lack of direct FSC licensing for forex brokers. EasyMarkets is regulated by ASIC (Australia) and CySEC (Cyprus), providing negative balance protection and client fund segregation. XM Group is regulated by FSC Cyprus, ASIC, and DFSA, with additional compliance with FSC Taiwan's anti-money laundering rules. XM's multiple jurisdiction oversight offers stronger investor protection. Both maintain segregated accounts, but XM's scale and transparency in reporting reassure Taiwan traders seeking a trusted environment.
| Payment Method | EasyMarkets | XM Group |
|---|---|---|
| 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) | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days |
Taiwan traders can fund accounts via Bank Transfer and Credit Card at both brokers. EasyMarkets processes TWD bank transfers within 1-2 business days with no fees, and credit card deposits are instant for amounts up to $10,000. XM Group also accepts TWD bank transfers through local Taiwanese banks (e.g., CTBC, Cathay United) with same-day processing and zero fees, while credit card deposits are instant with a $5 minimum. Withdrawals at XM are faster—typically 24 hours for e-wallets and 2-5 days for bank transfers—compared to EasyMarkets' 3-7 days. There are no deposit or withdrawal fees for either broker, making both cost-effective for local traders.
| Islamic Account Feature | EasyMarkets | XM Group |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Muslim traders in Taiwan seeking Sharia-compliant accounts will find both brokers accommodating. EasyMarkets offers swap-free accounts on all its account types without any expiry time, making it ideal for long-term positions. XM Group provides Islamic accounts on Standard and Micro accounts but excludes the Zero account. XM's swap-free policy also waives swaps on all instruments, but requires a minimum deposit of $200. Neither broker charges administrative fees for maintaining Islamic accounts, and both require a simple request via customer support.
| Support Feature | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support in Traditional Chinese (Mandarin) is available at both brokers. XM Group offers 24/5 live chat, phone support, and email with a Taiwan local phone number. EasyMarkets provides 24/5 multilingual support via chat and email but lacks a local Taiwan contact line. XM's response time averages under 30 seconds, while EasyMarkets may take 2-5 minutes. For Taiwan traders requiring immediate assistance during APAC trading hours, XM's support infrastructure is more responsive.
| Mobile Feature | EasyMarkets | XM Group | 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 | XM Group | 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 XM Group if you...
For experienced retail traders in Taiwan, XM Group is the clear winner with its higher score, lower spreads, faster execution, and superior deposit/withdrawal support using Bank Transfer and Credit Card. The ability to use TWD bank transfers directly, combined with FSC Cyprus regulation that aligns with FSC Taiwan guidelines, makes XM a safer and more cost-effective choice. EasyMarkets remains a viable option for those who value fixed spreads and proprietary risk tools, especially on a smaller trading scale. However, for active traders maximizing returns in the Taiwan forex market, XM Group's overall package is significantly stronger in 2025.