Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Taiwan, choosing between FBS and FxPro is a critical decision that impacts trading costs, execution quality, and overall experience. FBS, with a score of 3.7/5, is known for its low minimum deposit, generous bonuses, and user-friendly platforms, making it popular among beginners and cost-conscious traders. FxPro, scoring 4.1/5, is a more established broker with a strong reputation for tight spreads, fast execution, and robust regulation under FCA, CySEC, and FSCA. Both brokers accept Taiwan clients and support local deposit methods like Bank Transfer and Credit Card. However, neither is regulated by the FSC Taiwan, so traders must rely on international oversight. This comparison focuses on the specific needs of experienced Taiwan traders, including spreads, leverage, platform choices, and local payment options. We’ll help you decide which broker aligns with your trading style and risk appetite in the Taiwan market.
| Instrument | FBS | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $100 | FxPro |
For Taiwan traders trading high volumes, FxPro offers lower overall trading costs. FxPro’s Raw+ account provides spreads from 0.0 pips with a commission of $4.5 per lot, while FBS’s Zero Spread account starts at 0.0 pips but with a higher commission of $6 per lot. On standard accounts, FxPro’s spreads are typically 0.2-0.5 pips tighter than FBS’s on pairs like USD/TWD and EUR/USD. For a Taiwan trader executing 20 lots per week, FxPro can save approximately $30-50 in spread costs monthly. FBS compensates with lower minimum deposits and occasional deposit bonuses, but experienced traders prioritizing cost efficiency will find FxPro more economical.
| Account Type | FBS | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
| Entity / Asset | FBS | FxPro |
|---|---|---|
| Taiwan (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 1:500 |
| 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 | FBS | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | 20+ | FBS |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | FBS | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, which are essential for experienced Taiwan traders who rely on advanced charting, custom indicators, and automated trading. FxPro also provides cTrader, a platform known for superior order execution and depth of market, ideal for scalpers. FBS offers its own web platform and mobile app, but lacks cTrader. For Taiwan traders who value speed and transparency, FxPro’s cTrader is a significant advantage. Both brokers support VPS hosting for expert advisors, but FxPro’s infrastructure is more reliable for high-frequency strategies.
| Factor | FBS | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FxPro excels in execution quality with no requotes, low latency, and deep liquidity from multiple banks. Its average execution speed is under 50ms, ideal for scalpers and high-frequency traders in Taiwan. FBS has acceptable execution but occasional slippage during news events. For experienced Taiwan traders trading large volumes, FxPro’s superior execution reduces slippage costs and improves trade accuracy. FBS is sufficient for lower-volume strategies.
| Safety Factor | FBS | FxPro |
|---|---|---|
| Primary regulator | IFSC | FCA |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Taiwan traders since neither FBS nor FxPro is regulated by the FSC Taiwan. FxPro holds licenses from top-tier regulators: FCA (UK), CySEC (Cyprus), and FSCA (South Africa), offering strong client fund protection and negative balance protection. FBS is regulated by IFSC (Belize) and CySEC, but its oversight is less stringent. For Taiwan traders, FxPro’s multi-regulatory framework provides greater security, especially for larger account balances. FBS’s regulation is adequate for smaller accounts but may not offer the same level of recourse in disputes. Always verify the specific entity you trade with, as both have international subsidiaries.
| Payment Method | FBS | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days. | 1 business day |
Taiwan traders can deposit and withdraw using Bank Transfer and Credit Card at both FBS and FxPro. FBS additionally supports local methods like LINE Pay, convenience store payments (7-Eleven, FamilyMart), and USDT, making it more accessible for traders without international bank accounts. FxPro focuses on standard methods: bank wire, credit/debit cards, and e-wallets like Skrill and Neteller. Minimum deposits: FBS starts at $5 (or TWD equivalent), while FxPro requires $100 (approx. TWD 3,200). Withdrawal processing: FxPro is faster for bank transfers (1-3 business days) compared to FBS (2-5 days). FBS charges no withdrawal fees, while FxPro may have fees for certain methods. For Taiwan traders using Credit Card, both support deposits but withdrawals may require additional verification.
| Islamic Account Feature | FBS | FxPro |
|---|---|---|
| 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 FBS and FxPro provide Islamic (swap-free) accounts for Muslim traders in Taiwan. FBS offers swap-free accounts on all account types without additional conditions, making it a straightforward choice. FxPro provides Islamic accounts upon request for standard and Raw+ accounts, but they may not be available for all instruments (e.g., cryptocurrencies). For Taiwan Muslim traders, FBS’s policy is more inclusive, while FxPro requires a formal request and may have restrictions on holding periods. Both comply with Sharia principles by not charging or paying overnight interest.
| Support Feature | FBS | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
FxPro offers 24/5 multilingual support via live chat, email, and phone, with agents available in English and Chinese, which is beneficial for Taiwan traders. FBS provides 24/7 support but response times can be slower, especially during Taiwan business hours. FxPro’s support is more professional and knowledgeable for complex trading queries, while FBS is better for quick account-related issues. Both have comprehensive FAQs and educational resources, but FxPro’s service is more tailored to experienced traders.
| Mobile Feature | FBS | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FBS |
| Google Play rating | 4.3 stars | 4.2 stars | FBS |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FBS | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Choose FBS if you...
Choose FxPro if you...
For experienced Taiwan traders, FxPro is the superior choice due to its tighter spreads, faster execution, and stronger regulatory oversight from FCA and CySEC. It is ideal for those trading high volumes and needing robust platforms like cTrader. FBS remains a viable option for traders who value low entry barriers, local payment methods like Bank Transfer and Credit Card, and attractive bonuses. However, FBS’s weaker regulation and higher costs for active traders make it less suitable for professionals. Ultimately, if you prioritize reliability and cost efficiency, choose FxPro. If you prefer flexibility and lower initial investment, FBS may suffice. Always consider your trading style and risk tolerance, and ensure compliance with FSC Taiwan guidelines.