Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Taiwan, choosing between FP Markets and Admirals can significantly impact trading costs and overall experience. Both brokers are well-established globally, but they cater to slightly different needs. FP Markets, with a score of 4.7/5, is known for its tight spreads, fast execution, and extensive platform selection, making it ideal for active traders. Admirals, scoring 4.1/5, offers strong educational resources and a user-friendly interface, appealing to those who value learning and support. Taiwan traders often deposit via Bank Transfer or Credit Card, and both brokers support these methods. Local regulation by FSC Taiwan is not directly applicable, but both brokers hold licenses from top-tier authorities like ASIC and FCA. This comparison will help you decide which broker aligns best with your trading style in the Taiwan market.
| Instrument | FP Markets | Admirals | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Admirals |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Admirals |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Admirals |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Admirals |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $1 | Admirals |
For Taiwan traders, trading costs are a critical factor. FP Markets offers lower spreads, especially on its Raw account, with spreads from 0.0 pips and a commission of $3 per lot. This is ideal for high-volume traders. Admirals has competitive spreads starting from 0.5 pips on its Zero account, but standard accounts have wider spreads. For a typical Taiwan trader executing 10 lots per month, FP Markets can save hundreds of TWD in spreads. Additionally, both brokers have no deposit fees, but Admirals may charge inactivity fees, which FP Markets does not.
| Account Type | FP Markets | Admirals |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $1 |
| Entity / Asset | FP Markets | Admirals |
|---|---|---|
| Taiwan (offshore) | Up to 1:500 | Up to 1:500 |
| Forex major pairs | 1:500 | 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 | FP Markets | Admirals | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FP Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FP Markets |
| Crypto CFDs | 30+ | 20+ | FP Markets |
| Stocks / Share CFDs | 1,000+ | 1,700+ | Admirals |
| ETFs | ✓ | ✓ | Tie |
| Platform | FP Markets | Admirals |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FP Markets provides MetaTrader 4, MetaTrader 5, cTrader, and IRESS, giving Taiwan traders maximum flexibility. cTrader is particularly popular for its advanced charting and fast execution. Admirals offers MetaTrader 4, MetaTrader 5, and its proprietary WebTrader. For Taiwan traders who need advanced tools like automated trading or custom indicators, FP Markets is the better choice. Admirals’ platforms are easier for beginners, but experienced traders may find them limiting.
| Factor | FP Markets | Admirals | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Admirals |
| Avg execution speed | ~30ms | ~40ms | FP Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FP Markets boasts ultra-fast execution with average speeds under 40ms, thanks to its Equinix NY4 data center. This is ideal for scalpers and high-frequency traders in Taiwan. Admirals offers good execution with speeds around 100ms, which is still acceptable for most traders. For Taiwan traders who prioritize speed, FP Markets is the superior choice.
| Safety Factor | FP Markets | Admirals |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FP Markets is regulated by ASIC (Australia) and CySEC (Cyprus), while Admirals is regulated by the FCA (UK) and CySEC. Neither is regulated by the FSC Taiwan, which is common for international brokers. Both offer negative balance protection and segregated client funds, which is crucial for Taiwan traders seeking security. FP Markets has a longer track record (since 2005) compared to Admirals (since 2001), but both are reputable. Always check local legal requirements for offshore trading.
| Payment Method | FP Markets | Admirals |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours | e-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days. |
Taiwan traders can deposit using Bank Transfer or Credit Card at both FP Markets and Admirals. FP Markets also supports e-wallets like Skrill and Neteller, while Admirals offers PayPal. Minimum deposits are low: FP Markets requires $100 (approx. 3,200 TWD) for standard accounts, and Admirals requires $100 for its Trade account. Withdrawals are processed quickly, usually within 1-3 business days for bank transfers. FP Markets has no withdrawal fees, while Admirals may charge for certain methods. Both brokers support TWD-based accounts, but currency conversion fees may apply.
| Islamic Account Feature | FP Markets | Admirals |
|---|---|---|
| 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 FP Markets and Admirals offer Islamic (swap-free) accounts for Muslim traders in Taiwan. FP Markets provides them on request for all account types, with no extra fees. Admirals offers Islamic accounts automatically after account verification, but only on certain account types. Check with both brokers for specific terms, such as holding periods or swap charges on long-term positions. For Taiwan Muslim traders, both are viable options, but FP Markets is more flexible.
| Support Feature | FP Markets | Admirals | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FP Markets |
FP Markets offers 24/7 customer support via live chat, email, and phone, with Mandarin-speaking agents available during Asian hours. Admirals provides support 24/5 with similar channels, but Mandarin support may be limited. For Taiwan traders, FP Markets’ round-the-clock support is a clear advantage, especially for urgent issues during night trading sessions.
| Mobile Feature | FP Markets | Admirals | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FP Markets |
| Google Play rating | 4.3 stars | 4.2 stars | FP Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | FP Markets |
| Resource | FP Markets | Admirals | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FP Markets |
Choose FP Markets if you...
Choose Admirals if you...
For experienced retail traders in Taiwan, FP Markets is the clear winner with a higher score (4.7 vs 4.1), lower spreads, faster execution, and more platform choices. It supports Bank Transfer and Credit Card deposits, which are popular in Taiwan, and offers 24/7 Mandarin support. Admirals is a solid alternative, especially for beginners or those who value education, but its higher costs and limited platform selection make it less ideal for active traders. Both brokers are safe and reputable, but FP Markets provides better value for Taiwan traders focused on cost and performance. Consider your trading style and priorities before choosing.