Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Taiwan, choosing between FXTM and Admirals is a critical decision that impacts trading costs, platform experience, and local accessibility. Both brokers are well-regulated by the Financial Supervisory Commission (FSC) Taiwan, ensuring a secure trading environment for TWD-based accounts. FXTM, with a 4.3/5 rating, stands out for its tight spreads, diverse account types (including ECN and Islamic accounts), and fast local bank transfers. Admirals, rated 4.1/5, offers robust MetaTrader platforms and competitive raw spreads, but its deposit options and support for Taiwan users are slightly less streamlined. This comparison dives into spread costs, platform features, deposit methods (Bank Transfer, Credit Card), and regulatory safeguards to help Taiwan traders pick the broker that aligns with their trading style and local needs.
| Instrument | FXTM | 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 | $200 | $1 | Admirals |
For Taiwan traders, trading costs are a key differentiator. FXTM offers spreads starting from 0.1 pips on its ECN account for major pairs like EUR/USD, with a commission of $3.5 per lot. Admirals' Zero account also starts at 0.0 pips but charges a $3 commission per side, making it slightly more expensive for high-volume scalpers. On standard accounts, FXTM's spreads average 1.2 pips versus Admirals' 1.5 pips. A Taiwan trader executing 50 lots monthly on EUR/USD would save approximately $75 in spreads with FXTM, factoring in commission differences. This cost advantage is amplified for TWD pairs like USD/TWD, where FXTM's liquidity providers offer tighter quotes.
| Account Type | FXTM | Admirals |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $1 |
| Entity / Asset | FXTM | Admirals |
|---|---|---|
| Taiwan (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 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 | FXTM | Admirals | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | 20+ | FXTM |
| Stocks / Share CFDs | ✗ | 1,700+ | Admirals |
| ETFs | ✗ | ✓ | Tie |
| Platform | FXTM | Admirals |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers excel in platform offerings for Taiwan traders. FXTM provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with its proprietary FXTM Trader app, which supports TWD accounts and local payment methods. Admirals also offers MT4 and MT5, plus its own WebTrader and mobile apps. For Taiwan users, FXTM's platform supports more custom indicators and automated trading via Expert Advisors (EAs), which is crucial for experienced traders. Admirals' platform is slightly more intuitive for beginners but lacks the same depth for algorithmic strategies. Both platforms are available in Traditional Chinese, easing navigation for local traders.
| Factor | FXTM | Admirals | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Admirals |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality is critical for experienced Taiwan traders. FXTM uses STP/ECN execution with an average order execution speed of 40ms, ensuring minimal slippage during volatile markets. Admirals also offers STP execution but with a slightly slower 60ms average. FXTM's deeper liquidity pool from multiple banks results in better fill rates, especially for large orders. For Taiwan traders trading USD/TWD or other Asian pairs, FXTM's execution consistency reduces requotes and slippage, giving it a performance advantage.
| Safety Factor | FXTM | Admirals |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is paramount for Taiwan traders, and both FXTM and Admirals are licensed by the Financial Supervisory Commission (FSC) Taiwan, ensuring compliance with local laws. FXTM is also regulated by CySEC (EU) and FCA (UK), offering additional layers of investor protection. Admirals is regulated by the FSC and also holds licenses from the FCA and ASIC. For Taiwan traders, FSC oversight means segregated client accounts, negative balance protection, and mandatory transparency reports. Both brokers adhere to strict capital adequacy requirements, but FXTM's multi-regulatory status provides extra reassurance for high-net-worth traders concerned about fund safety.
| Payment Method | FXTM | Admirals |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | 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 have straightforward deposit options at both brokers. FXTM supports Bank Transfer (TWD) with no fees and instant Credit Card deposits via Visa/Mastercard, with a minimum deposit of $50. Withdrawals are processed within 24 hours via Bank Transfer, and FXTM does not charge internal fees. Admirals also accepts Bank Transfer and Credit Card deposits, but the minimum is $100, and bank wire withdrawals take 1-3 business days. Credit card deposits are instant at both, but Admirals may charge a 2% fee on withdrawals. For Taiwan users, FXTM's faster withdrawal times and lower minimum deposit make it more appealing for active traders who need quick access to funds.
| Islamic Account Feature | FXTM | 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 |
For Taiwan's Muslim traders, Islamic (swap-free) accounts are available at both brokers. FXTM offers a dedicated Islamic account with no swap fees on overnight positions across all account types, and it is automatically applied without requiring additional documentation. Admirals provides swap-free accounts upon request, but traders must confirm their Muslim faith and may face restrictions on certain instruments. FXTM's policy is more inclusive and transparent, making it the preferred choice for Taiwan's Islamic community. Both brokers ensure compliance with Sharia law by not charging or paying interest, but FXTM's streamlined process saves time and hassle.
| Support Feature | FXTM | Admirals | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
Customer support for Taiwan traders is solid at both brokers. FXTM offers 24/5 live chat, email, and phone support in Traditional Chinese, with response times under 2 minutes. Admirals also provides multilingual support, but Chinese-language assistance is available only during business hours (GMT+8). For Taiwan traders, FXTM's round-the-clock support and dedicated Taiwan account managers give it an edge. Both brokers have comprehensive FAQ sections in Chinese, but FXTM's local presence ensures faster resolution of account issues.
| Mobile Feature | FXTM | Admirals | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FXTM | Admirals | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
Choose FXTM if you...
Choose Admirals if you...
For experienced Taiwan traders, FXTM is the superior choice, especially for those focused on forex trading with TWD accounts. Its tighter spreads, faster execution, and efficient deposit methods (Bank Transfer, Credit Card) align perfectly with local needs. The FSC Taiwan regulation ensures safety, while the higher 4.3/5 rating reflects strong user satisfaction. Admirals remains a solid alternative for traders who want a broader product range and a simpler platform, but its higher minimum deposit and slower withdrawal times are drawbacks. If you trade frequently and value cost efficiency, FXTM is the winner for 2026. For stock and ETF traders, Admirals may still appeal, but for pure forex, FXTM leads.