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 FxPro is a critical decision that impacts trading costs, platform access, and overall experience. FP Markets, with a strong 4.7/5 rating, is known for its competitive pricing, deep liquidity, and extensive platform support including MT4, MT5, and cTrader. FxPro, scoring 4.1/5, offers a robust multi-asset trading environment with its own proprietary platform alongside MT4 and cTrader. Both brokers accept Taiwan traders, support local Bank Transfer and Credit Card deposits, and provide high leverage options. However, FP Markets generally offers tighter spreads and more flexible account types, making it particularly attractive for active traders. This comparison delves into specific factors relevant to Taiwan, including regulation (FSC Taiwan oversight), local payment methods, and platform preferences, to help you decide which broker aligns with your trading style.
| Instrument | FP Markets | 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 | $100 | $100 | Tie |
When comparing trading costs, FP Markets clearly leads for Taiwan traders. On its Raw account, spreads on EUR/USD start from 0.0 pips with a $3 per lot commission, while FxPro’s standard account spreads average around 0.6-1.2 pips with no commission. For high-volume traders, FP Markets can save hundreds of dollars monthly. FxPro’s cTrader account offers competitive spreads but still lags behind FP Markets’ pricing. Additionally, FP Markets offers lower swap rates, which is beneficial for Taiwan traders holding positions overnight. Overall, FP Markets provides better cost efficiency for experienced traders.
| Account Type | FP Markets | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $100 |
| Entity / Asset | FP Markets | FxPro |
|---|---|---|
| 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 | FxPro | 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+ | FxPro |
| ETFs | ✓ | ✗ | Tie |
| Platform | FP Markets | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers excel in platform offerings, but FP Markets has a slight edge. FP Markets supports MT4, MT5, cTrader, and IRESS, catering to both retail and professional traders. FxPro offers MT4, MT5, cTrader, and its proprietary FxPro Edge platform. For Taiwan traders, MT4 and MT5 are the most popular due to their advanced charting and automated trading capabilities. FP Markets’ MT5 integration is particularly strong, offering more timeframes and analytical tools. FxPro’s proprietary platform is user-friendly but lacks the depth of community support and third-party tools that experienced traders often require.
| Factor | FP Markets | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| 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 |
Execution quality is a standout feature for FP Markets. It offers ultra-low latency execution with no requotes, thanks to its deep liquidity pool and Equinix NY4 data center. FxPro also provides fast execution with no dealing desk intervention on its cTrader platform. However, FP Markets’ execution speed is consistently faster, with average order execution under 40ms. For Taiwan traders trading volatile pairs during Asian sessions, FP Markets provides a more reliable experience.
| Safety Factor | FP Markets | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Taiwan traders. Neither FP Markets nor FxPro is directly regulated by the FSC Taiwan, but both hold licenses from respected authorities. FP Markets is regulated by ASIC (Australia) and CySEC (Cyprus), while FxPro is regulated by FCA (UK), CySEC, and FSCA (South Africa). For Taiwan traders, this means client funds are held in segregated accounts and covered by investor compensation schemes in certain jurisdictions. However, Taiwan traders should be aware that leverage restrictions may apply depending on the entity they choose. Both brokers have strong reputations, but FP Markets’ ASIC regulation provides an extra layer of security.
| Payment Method | FP Markets | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours | 1 business day |
Depositing and withdrawing funds in Taiwan is straightforward with both brokers. FP Markets and FxPro accept Bank Transfer and Credit Card deposits, with processing times varying. Bank Transfers to FP Markets typically take 1-2 business days, while Credit Card deposits are instant. FxPro’s Bank Transfer may take 2-3 days, but Credit Card deposits are also instant. FP Markets has a lower minimum deposit of $100 AUD (approx. 2,100 TWD) compared to FxPro’s $100 USD (approx. 3,200 TWD), making it more accessible. Withdrawals are processed within 24 hours for both, with FP Markets offering faster processing for Bank Transfer withdrawals. Overall, FP Markets offers slightly better efficiency for Taiwan traders.
| Islamic Account Feature | FP Markets | 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 |
For Muslim traders in Taiwan, both FP Markets and FxPro offer Islamic (swap-free) accounts that comply with Sharia law. FP Markets provides Islamic accounts on all account types, including Raw and Standard, with no extra fees. FxPro offers Islamic accounts on its Standard and cTrader accounts but not on its MT5 Raw account. FP Markets’ broader availability and transparent terms make it a better choice for Taiwan’s Muslim traders. Both brokers require a declaration of faith and may charge an administrative fee after a holding period, but FP Markets’ policy is generally more favorable.
| Support Feature | FP Markets | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FP Markets |
Customer support is crucial for Taiwan traders, especially when dealing with local payment issues. FP Markets offers 24/5 support via live chat, email, and phone, with dedicated account managers for active traders. FxPro provides 24/5 support as well, with multilingual staff. FP Markets’ support is slightly more responsive, with faster resolution times. Neither broker offers Mandarin support, but both respond promptly in English, which is acceptable for experienced traders.
| Mobile Feature | FP Markets | FxPro | 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 | FxPro | 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 FxPro if you...
For experienced retail traders in Taiwan, FP Markets is the clear winner, earning a 4.7/5 rating versus FxPro’s 4.1/5. FP Markets offers superior trading conditions including tighter spreads, faster execution, and more flexible account types. Its support for local payment methods like Bank Transfer and Credit Card, combined with ASIC regulation, provides a secure and efficient trading environment. FxPro remains a solid choice for traders who value a proprietary platform or FCA oversight, but its higher costs and less competitive spreads make it less suitable for active traders. Ultimately, FP Markets aligns better with the needs of Taiwan traders seeking cost efficiency and performance.