FxPro vs Plus500 for Taiwan Traders (2026): A Detailed Comparison

For Taiwan traders, trading costs are a critical factor, especially for those who trade frequently. FxPro generally offers tighter spreads on major forex pairs like USD/TWD and EUR/USD, with spreads starting from 0.0 pips on its Raw account (plus a small commission). Plus500 uses a spread-only model with no commission, but its spreads are typically wider—often 1.0 to 1.5 pips on EUR/USD. For a Taiwan trader executing 10 standard lots per month, the difference can amount to hundreds of dollars in annual savings with FxPro. Additionally, FxPro provides more competitive swap rates for overnight positions, which matters for traders holding positions through Asian market closures.

FxPro offers a clear advantage for experienced Taiwan traders by supporting MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader—all available in Chinese. These platforms offer advanced charting, automated trading via Expert Advisors (EAs), and deep customization. Plus500, on the other hand, uses a proprietary web-based platform that is user-friendly but lacks the advanced tools and algorithmic trading capabilities that many experienced traders demand. For Taiwan traders who rely on technical analysis or run automated strategies, FxPro is the better choice. Plus500's platform may suit beginners or casual traders who prefer simplicity over power.

FxPro is known for its fast execution speeds, typically under 50 milliseconds, and uses No Dealing Desk (NDD) execution with no requotes. Plus500 also offers reliable execution but uses a market maker model, which can occasionally result in slippage during high volatility. For Taiwan traders trading major forex pairs during Asian sessions, FxPro's execution quality is superior, especially for scalping or high-frequency strategies.

Neither FxPro nor Plus500 is directly regulated by the Financial Supervisory Commission (FSC) of Taiwan. However, FxPro is regulated by the FCA (UK), CySEC (Cyprus), and FSCA (South Africa), while Plus500 is regulated by the FCA, CySEC, and ASIC (Australia). For Taiwan traders, this means they are protected by strict European or Australian regulatory standards, including segregated client funds and negative balance protection. FxPro's multi-regulatory status provides an additional layer of oversight, which some experienced traders prefer. It is important for Taiwan traders to verify that the broker's entity accepting their account is regulated by a credible authority.

Both FxPro and Plus500 support Bank Transfer and Credit Card deposits for Taiwan traders. FxPro also accepts e-wallets like Skrill and Neteller, while Plus500 primarily focuses on bank and card methods. Minimum deposits are low—FxPro requires a minimum of $100 USD (approximately 3,200 TWD), while Plus500 has no minimum deposit for bank transfers. Withdrawals are processed efficiently: FxPro typically processes withdrawals within 1 business day, while Plus500 may take up to 3 days. Taiwan traders should note that Bank Transfer withdrawals may incur intermediary bank fees, so using Credit Card or e-wallets can be more cost-effective. Both brokers support TWD-denominated accounts, but deposits and withdrawals are usually converted at the broker's exchange rate.

For Muslim traders in Taiwan, both FxPro and Plus500 offer Islamic (swap-free) accounts. FxPro provides swap-free accounts on request for all account types, including MT4 and cTrader, with no time limit on holding positions. Plus500 offers Islamic accounts automatically when a client declares their religion, but may charge an administrative fee after a certain period (e.g., 30 days) for long-held positions. Taiwan traders seeking a truly swap-free experience with no hidden costs may prefer FxPro. It is advisable to contact customer support to confirm current terms, as policies can change.

FxPro offers 24/5 multilingual customer support via live chat, phone, and email, with Chinese-speaking agents available. Plus500 also provides 24/7 live chat and email support in Chinese. For Taiwan traders, FxPro's dedicated account managers for higher-volume traders can be a valuable resource. Both brokers have comprehensive FAQ sections, but FxPro's support is generally more responsive during Asian trading hours.