Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Taiwan, choosing between FxPro and Libertex is a decision that hinges on trading costs, platform flexibility, and regulatory comfort. Both brokers are well-known internationally, but they serve different trading styles. FxPro, scoring 4.1/5, is a multi-asset broker offering tight spreads, deep liquidity, and a choice of platforms including MT4, MT5, and cTrader. Libertex, scoring 3.7/5, is a user-friendly broker with a proprietary platform and a focus on simplicity, but its higher spreads and limited platform options may not suit active traders in Taiwan. With the FSC Taiwan not directly regulating either broker, traders must rely on offshore regulation—FxPro under FCA and CySEC, Libertex under CySEC. This comparison will help you decide which broker aligns with your trading goals, especially when using local payment methods like Bank Transfer and Credit Card, which both brokers support.
| Instrument | FxPro | Libertex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $10 | Libertex |
For Taiwan traders, trading costs are a critical factor, especially for those executing high-volume strategies. FxPro offers significantly lower spreads, with the Raw account providing spreads from 0.0 pips on EUR/USD, plus a commission of $4.5 per lot. In contrast, Libertex’s spreads are typically 1.5-2.0 pips on the same pair, with no commission but a wider spread that adds up quickly for active traders. For example, trading 10 lots per day, FxPro’s cost would be around $45, while Libertex would cost $150-$200 in spread alone. Over a month, this difference can amount to thousands of TWD, making FxPro the more cost-efficient choice for experienced Taiwan traders.
| Account Type | FxPro | Libertex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $10 |
| Entity / Asset | FxPro | Libertex |
|---|---|---|
| Taiwan (offshore) | Up to 1:500 | Up to 1:999 |
| Forex major pairs | 1:500 | 1:999 |
| 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 | FxPro | Libertex | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FxPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FxPro |
| Crypto CFDs | 30+ | 20+ | FxPro |
| Stocks / Share CFDs | 1,000+ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
| Platform | FxPro | Libertex |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
When it comes to trading platforms, FxPro excels with support for MetaTrader 4, MetaTrader 5, and cTrader, giving Taiwan traders the flexibility to use advanced charting, automated trading, and custom indicators. Libertex, on the other hand, relies on its proprietary web and mobile platform, which is intuitive but lacks the depth and customization that experienced traders demand. For Taiwan traders who use Expert Advisors or need advanced order types, FxPro is the clear winner. Libertex’s platform is better suited for beginners or those who prefer a simpler, all-in-one interface.
| Factor | FxPro | Libertex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Libertex |
| Avg execution speed | ~30ms | ~40ms | FxPro |
| 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 traders. FxPro offers No Dealing Desk (NDD) execution with low latency, ensuring orders are filled quickly and with minimal slippage, even during volatile markets. Libertex uses a market maker model, which can lead to requotes and slower execution, especially during news events. For Taiwan traders who trade frequently or use scalping strategies, FxPro’s execution is superior. Libertex’s execution is adequate for casual traders but may frustrate those seeking precision.
| Safety Factor | FxPro | Libertex |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Taiwan traders, as the FSC Taiwan does not directly supervise either broker. FxPro is regulated by the UK’s FCA and Cyprus’ CySEC, providing strong investor protection, including negative balance protection and access to compensation schemes. Libertex is regulated by CySEC only, which offers similar protections but with a lower compensation limit. For Taiwan traders, FxPro’s FCA regulation adds an extra layer of security, as the FCA is one of the strictest regulators globally. Neither broker is a local entity, but FxPro’s multi-jurisdictional oversight offers more peace of mind for experienced traders in Taiwan.
| Payment Method | FxPro | Libertex |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 business day | 5 business days |
Depositing and withdrawing funds is straightforward for Taiwan traders at both brokers. FxPro accepts Bank Transfer and Credit Card deposits with no fees, and credit card deposits are processed instantly. Withdrawals are free and typically processed within 1-2 business days for credit cards, while bank transfers may take 2-5 days. Libertex also supports Bank Transfer and Credit Card, but may charge a small fee (around 1-2%) for credit card deposits, and withdrawals can take up to 5 business days. For Taiwan traders who value speed and low cost, FxPro’s deposit and withdrawal process is more favorable. Both brokers support TWD conversions, but exchange rates may apply, so it’s wise to check current rates before funding.
| Islamic Account Feature | FxPro | Libertex |
|---|---|---|
| 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 FxPro and Libertex offer Islamic (swap-free) accounts for Muslim traders in Taiwan, in compliance with Sharia law. FxPro provides swap-free accounts on all account types, with no swap charges on overnight positions, and no time limit on holding positions. Libertex also offers Islamic accounts, but only on specific instruments and with a limited time period (usually 30 days) before a swap fee is applied. For Taiwan Muslim traders who hold positions long-term, FxPro’s policy is more accommodating and transparent. It’s recommended to contact support to confirm eligibility and terms before opening an account.
| Support Feature | FxPro | Libertex | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FxPro |
Customer support is available 24/5 for both brokers, with English as the primary language. FxPro offers live chat, email, and phone support, with response times under 5 minutes for live chat. Libertex also provides live chat and email, but response times can be slower, especially during peak hours. For Taiwan traders, neither broker offers dedicated Mandarin support, but FxPro’s support team is known for being more responsive and helpful. If language is a concern, using a translation tool or requesting English support is recommended.
| Mobile Feature | FxPro | Libertex | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FxPro |
| Google Play rating | 4.3 stars | 4.2 stars | FxPro |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FxPro | Libertex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FxPro |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FxPro |
Choose FxPro if you...
Choose Libertex if you...
For experienced retail traders in Taiwan, FxPro is the superior choice over Libertex. Its lower spreads, advanced platforms, and stronger regulatory oversight under the FCA make it ideal for active trading strategies. The ability to deposit via Bank Transfer and Credit Card with no fees, plus faster withdrawal times, further enhances its appeal. While Libertex offers a simpler experience and a broader range of stock CFDs, its higher spreads and slower execution are drawbacks for frequent traders. Even though neither broker is regulated by the FSC Taiwan, FxPro’s multi-jurisdictional regulation provides greater confidence. For Taiwan traders prioritizing cost efficiency and reliability, FxPro is the recommended broker in 2026.