Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
Taiwan's forex market continues to grow in 2026, with experienced retail traders seeking reliable brokers that offer competitive costs, robust platforms, and local payment methods. FXTM (ForexTime) and FxPro are two well-established international brokers popular among Taiwan traders. FXTM holds a 4.3/5 rating, slightly ahead of FxPro's 4.1/5, reflecting its edge in trading costs and educational resources. Both brokers accept Taiwan residents and support Bank Transfer and Credit Card deposits in TWD. FXTM is regulated by CySEC and FCA, while FxPro is regulated by FCA and CySEC, ensuring a high level of client fund protection. Taiwan traders appreciate both brokers for their transparent pricing, fast execution, and multi-asset offerings. This comparison focuses on specific factors that matter to Taiwan traders: local deposit options, spreads in TWD terms, platform usability, and customer support availability. Whether you trade forex, indices, or commodities, understanding the differences between FXTM and FxPro will help you choose the right broker for your trading style.
| Instrument | FXTM | 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 | $200 | $100 | FxPro |
For Taiwan traders, trading costs directly impact profitability, especially for high-frequency trading. FXTM offers tighter spreads on major forex pairs like EUR/USD, starting from 0.1 pips on its ECN account, while FxPro's spreads average 0.2 pips on its Zero account. FXTM also has lower commission fees on ECN accounts (just $2 per lot per side) compared to FxPro's $4.5 per lot. For Taiwan traders trading 10 lots per month, FXTM can save approximately $50 in spread costs alone. Both brokers have no hidden fees, but FXTM's lower swap rates for overnight positions benefit swing traders. FxPro's spreads are competitive on indices and commodities, making it a good choice for diversified portfolios. Overall, FXTM offers a cost advantage for forex-focused Taiwan traders.
| Account Type | FXTM | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $100 |
| Entity / Asset | FXTM | FxPro |
|---|---|---|
| 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 | FxPro | 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+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | FXTM | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are the preferred platforms for Taiwan traders due to their advanced charting, automated trading, and custom indicators. FXTM also provides its proprietary FXTM Trader app, which is user-friendly and supports one-click trading. FxPro offers its own FxPro Edge platform with advanced risk management tools. For Taiwan traders who trade on the go, both brokers have reliable mobile apps available in Traditional Chinese. FXTM's platform supports 30+ indicators and 9 timeframes, while FxPro offers 50+ indicators and 21 timeframes. Both platforms offer negative balance protection and guaranteed stop-loss orders, which are important for experienced retail traders in Taiwan. FXTM's web trader is faster for local connections, while FxPro's desktop platform is more customizable.
| Factor | FXTM | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| 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 offers execution speeds of around 40ms on its ECN accounts, while FxPro achieves 30ms on its Zero account. FxPro has a slight edge in speed, which benefits scalpers and high-frequency traders. Both brokers use No Dealing Desk (NDD) execution, ensuring no requotes. FXTM has 99.9% fill rates, while FxPro reports 99.95% fill rates. For Taiwan traders, FxPro's faster execution is a key advantage for short-term strategies. However, FXTM's execution is still excellent and more than adequate for most traders.
| Safety Factor | FXTM | FxPro |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Taiwan traders, even though the FSC Taiwan does not directly supervise international brokers. FXTM is regulated by the FCA (UK) and CySEC (Cyprus), offering client fund segregation and compensation schemes up to £85,000. FxPro is also FCA and CySEC regulated, with additional oversight from the FSCA (South Africa). Both brokers comply with MiFID II standards, ensuring transparent pricing and fair treatment. For Taiwan traders, this means your funds are protected in case of broker insolvency. FXTM's FCA regulation is particularly strong, as it requires negative balance protection. While neither broker holds an FSC Taiwan license, their international licenses are widely accepted by Taiwan traders. Always verify the specific entity you trade with, as both brokers have multiple subsidiaries. Overall, both offer a high level of regulatory safety.
| Payment Method | FXTM | FxPro |
|---|---|---|
| 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. | 1 business day |
Taiwan traders can deposit and withdraw funds easily at both FXTM and FxPro using Bank Transfer and Credit Card. FXTM supports local bank transfers in TWD, which is convenient for avoiding currency conversion fees. Minimum deposit is $100 for both brokers. Credit Card deposits are processed instantly and free of charge, while Bank Transfers take 1-3 business days. FXTM also accepts Skrill and Neteller, which are popular among Taiwan traders for faster withdrawals. FxPro offers similar methods but charges a small fee for Bank Transfer withdrawals. FXTM processes withdrawals within 24 hours for e-wallets, while FxPro takes 1-2 days. For Taiwan traders, FXTM's local bank transfer option is a major advantage, reducing transaction costs. Both brokers require identity verification (passport or Taiwan ID) for first-time withdrawals, which is standard for compliance.
| Islamic Account Feature | FXTM | 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 |
Both FXTM and FxPro offer Islamic (swap-free) accounts for Muslim traders in Taiwan who wish to trade without earning or paying interest (riba). FXTM provides Islamic accounts on all account types (Standard, ECN, and Cent) with no swap fees on overnight positions. FxPro offers Islamic accounts on request, available for MT4, MT5, and cTrader platforms. FXTM's Islamic accounts have no additional fees, while FxPro may charge a small administration fee after a certain holding period. For Taiwan Muslim traders, FXTM's broader availability and zero-fee policy make it a more attractive choice. Both brokers require a declaration of faith for Islamic account approval. These accounts are ideal for long-term position traders in Taiwan who want to align their trading with Islamic finance principles.
| Support Feature | FXTM | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
Customer support is available 24/5 for both brokers, with live chat, email, and phone options. FXTM offers support in Traditional Chinese, which is a significant advantage for Taiwan traders who prefer local language assistance. FxPro provides support in English and Chinese, but response times can be slower during peak hours. FXTM's live chat is faster, with an average response time of under 30 seconds. Both brokers have comprehensive FAQ sections on their websites. For Taiwan traders, FXTM's dedicated Chinese-speaking account managers are a plus for resolving account issues quickly.
| Mobile Feature | FXTM | FxPro | 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 | FxPro | 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 FxPro if you...
For experienced Taiwan traders, FXTM is the better overall choice due to its lower spreads, local TWD deposit options via Bank Transfer and Credit Card, and strong FCA regulation. Its 4.3/5 rating reflects its cost-effectiveness and tailored support for Taiwan traders. FxPro, with a 4.1/5 rating, excels in execution speed and platform variety, making it ideal for scalpers and multi-asset traders. Both brokers are legal for Taiwan residents and offer high regulatory standards, even though they are not directly regulated by the FSC Taiwan. If your priority is minimizing trading costs and having local payment methods, choose FXTM. If you need lightning-fast execution and advanced platform features, FxPro is a solid alternative. Ultimately, both brokers provide a professional trading environment for Taiwan's retail forex community.