Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Taiwan, choosing the right forex broker is critical to success. FxPro and Tickmill are two well-respected international brokers that cater to traders in Taiwan with robust trading conditions. FxPro, founded in 2006, is a multi-award-winning broker offering over 70 currency pairs and access to MT4, MT5, and cTrader platforms. Tickmill, established in 2014, is known for its ultra-low spreads and commission-based pricing, making it a favorite among cost-conscious traders. Both brokers accept Taiwan residents and support local payment methods like Bank Transfer and Credit Card deposits in TWD. While neither is directly regulated by the FSC Taiwan, they operate under strict oversight from top-tier regulators such as the FCA (UK) and CySEC (Cyprus), providing a high level of fund security. In this comparison, we break down spreads, platforms, regulation, and deposit options to help you decide which broker aligns best with your trading style and local needs in Taiwan.
| Instrument | FxPro | Tickmill | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Tickmill |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Tickmill |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Tickmill |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Tickmill |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $100 | Tie |
For Taiwan traders, trading costs directly impact profitability, especially for high-frequency or large-volume strategies. Tickmill offers a clear edge with its Raw account, where spreads start from 0.0 pips on major pairs like EUR/USD and USD/JPY, plus a commission of $3 per lot per side (round turn $6). FxPro's standard account has spreads from 1.2 pips on EUR/USD with no commission, while its Raw account (on MT4/MT5) offers spreads from 0.2 pips with a commission of $4.5 per lot per side. Over 100 lots per month, Tickmill's Raw account can save Taiwan traders hundreds of US dollars. For traders who prefer no-commission trading, FxPro's standard account may be simpler, but overall, Tickmill is the more cost-effective choice for active Taiwan traders.
| Account Type | FxPro | Tickmill |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $100 |
| Entity / Asset | FxPro | Tickmill |
|---|---|---|
| Taiwan (offshore) | Up to 1:500 | Up to 1:1000 |
| Forex major pairs | 1:500 | 1:1000 |
| 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 | Tickmill | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FxPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FxPro |
| Crypto CFDs | 30+ | ✗ | FxPro |
| Stocks / Share CFDs | 1,000+ | ✗ | Tickmill |
| ETFs | ✗ | ✗ | Tie |
| Platform | FxPro | Tickmill |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Platform choice is crucial for Taiwan traders who rely on advanced charting, automated trading, and fast execution. FxPro wins on variety, offering MT4, MT5, and cTrader—all fully compatible with desktop, web, and mobile. This allows Taiwan traders to use Expert Advisors (EAs) on MT4/MT5 or take advantage of cTrader's advanced order management. Tickmill also supports MT4 and MT5, plus its proprietary WebTrader, but lacks cTrader. For Taiwan traders who use algorithmic trading or need multiple platform options, FxPro is superior. However, Tickmill's MT4/MT5 platforms are well-optimized for low latency, which is essential for scalpers. Both brokers offer stable connections to servers in London and New York, ensuring reliable access from Taiwan.
| Factor | FxPro | Tickmill | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Tickmill |
| 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 vital for Taiwan traders, especially those using scalping or EAs. FxPro offers No Dealing Desk (NDD) execution with low latency and no requotes on most accounts. Tickmill also uses NDD execution, with an average execution speed under 40 milliseconds. Both brokers have servers in Equinix data centers in London and New York, ensuring fast connections from Asia. Tickmill's execution is slightly more consistent for high-frequency trading, while FxPro's cTrader platform offers advanced order routing. Overall, both provide excellent execution for Taiwan traders, with Tickmill having a marginal edge in speed and cost.
| Safety Factor | FxPro | Tickmill |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Taiwan traders, as the local FSC Taiwan does not directly oversee forex brokers. FxPro is regulated by the FCA (UK), CySEC (Cyprus), and FSCA (South Africa), while Tickmill is regulated by the FCA, CySEC, and the Seychelles FSA. Both brokers offer negative balance protection and segregated client funds for accounts under EU regulation. For Taiwan traders, this means funds are held in separate bank accounts and cannot be used for broker operational expenses. While neither broker has a local license from the FSC Taiwan, their top-tier regulatory status provides a strong safety net. Taiwan traders should verify which legal entity they are applying under—typically the CySEC or FCA entity—to ensure maximum protection.
| Payment Method | FxPro | Tickmill |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 business day | Most withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days. |
Taiwan traders can fund their FxPro and Tickmill accounts using Bank Transfer and Credit Card, both in TWD and other major currencies. For FxPro, the minimum deposit is $100 USD (or equivalent) via Credit Card, while Bank Transfers have no minimum but may incur local bank fees. Tickmill has a lower minimum deposit of $25 USD for Credit Card and $100 USD for Bank Transfer. Deposits via Credit Card are instant, while Bank Transfers take 1-3 business days. Withdrawals are processed within 24 hours at both brokers, with Credit Card withdrawals returning to the same card and Bank Transfers taking 2-5 business days. Tickmill also supports UnionPay and local Asian payment methods, which can be convenient for Taiwan traders. Both brokers do not charge internal fees, but Taiwan banks may impose conversion or transfer fees. Overall, Tickmill offers slightly more flexibility with lower minimums and additional local options.
| Islamic Account Feature | FxPro | Tickmill |
|---|---|---|
| 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 who require swap-free accounts, both FxPro and Tickmill offer Islamic accounts in compliance with Sharia law. FxPro provides Islamic accounts on all account types (Standard, Raw, and MT5) with no swap fees on overnight positions for forex, indices, and commodities. Tickmill offers Islamic accounts on its Classic and Raw accounts, also with no swap charges. Taiwan traders need to request the account type during registration and provide a declaration of faith. It's important to note that some instruments, such as certain commodities or CFDs, may still incur swap fees even on Islamic accounts. Both brokers handle Islamic accounts transparently, but FxPro's broader availability across account types gives it a slight advantage for Taiwan traders who want flexibility.
| Support Feature | FxPro | Tickmill | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FxPro |
Customer support in Mandarin Chinese is available at both FxPro and Tickmill, which is essential for Taiwan traders. FxPro offers 24/5 multilingual support via live chat, email, and phone, with a dedicated Mandarin team. Tickmill also provides 24/5 support in multiple languages, including Chinese, through live chat and email. Both brokers have comprehensive FAQ sections and educational resources. Response times are generally fast, with live chat answering within seconds. For Taiwan traders, the ability to get support in their native language and during Asian trading hours is a strong point for both brokers.
| Mobile Feature | FxPro | Tickmill | 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 | Tickmill | 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 Tickmill if you...
For experienced retail traders in Taiwan, both FxPro and Tickmill are excellent choices, but the best fit depends on your trading style. Tickmill is the winner for cost-conscious traders who prioritize ultra-low spreads and low minimum deposits, especially when using Bank Transfer or Credit Card. Its Raw account offers the best value for high-volume traders. FxPro, on the other hand, is ideal for traders who want platform variety (including cTrader) and a longer-established brand. Both brokers are well-regulated and safe for Taiwan traders, even without direct FSC Taiwan oversight. If you trade frequently and need the tightest spreads, go with Tickmill. If you value platform choice and a slightly more comprehensive offering, FxPro is your pick. Either way, you'll have a reliable broker for your Taiwan-based trading.