Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
For Taiwan traders seeking a reliable forex broker, the choice between IC Markets and Capital.com is a critical one. IC Markets, rated 4.8/5, is a top-tier broker known for its ultra-low spreads, fast execution, and extensive product range, making it a favorite among experienced retail traders in Taiwan. Capital.com, rated 3.8/5, offers a more beginner-friendly platform with innovative education tools but higher trading costs. Both brokers accept Taiwan clients and support local payment methods like Bank Transfer and Credit Card, but their regulatory status differs—neither is directly overseen by the FSC Taiwan, though IC Markets holds licenses from ASIC and CySEC. For Taiwan traders focusing on TWD-based deposits and active trading, IC Markets often provides better value, while Capital.com appeals to those who prioritize ease of use. This comparison breaks down costs, platforms, and local suitability to help you decide.
| Instrument | IC Markets | Capital.com | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Capital.com |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Capital.com |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Capital.com |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Capital.com |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $20 | Capital.com |
IC Markets offers significantly lower trading costs for Taiwan traders, with spreads starting from 0.0 pips on Raw Spread accounts and a commission of $3.50 per lot. For a trader depositing TWD 100,000 and trading 10 lots per month, IC Markets costs around TWD 1,050 in spreads plus commissions. Capital.com, by contrast, has spreads averaging 0.6-1.2 pips with no commission, resulting in costs of approximately TWD 2,500 for similar volume. This difference is crucial for experienced Taiwan traders who trade frequently, as IC Markets can save up to 60% on costs annually.
| Account Type | IC Markets | Capital.com |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $200 | $20 |
| Entity / Asset | IC Markets | Capital.com |
|---|---|---|
| Taiwan (offshore) | Up to 1:5000 | Up to 1:200 |
| Forex major pairs | 1:5000 | 1:200 |
| 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 | IC Markets | Capital.com | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | IC Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IC Markets |
| Crypto CFDs | 30+ | 20+ | IC Markets |
| Stocks / Share CFDs | ✗ | 1,700+ | Capital.com |
| ETFs | ✗ | ✓ | Tie |
| Platform | IC Markets | Capital.com |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader—all highly customizable and favored by experienced Taiwan traders for advanced charting and algorithmic trading. Capital.com offers its proprietary web and mobile platform with built-in education and risk management tools, which is simpler but less flexible. For Taiwan traders who need fast order execution and ECN access, IC Markets’ cTrader is ideal. Capital.com’s platform supports over 2,000 instruments but lacks the depth of MT4/5 for technical analysis.
| Factor | IC Markets | Capital.com | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Capital.com |
| Avg execution speed | ~30ms | ~40ms | IC Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
IC Markets delivers superior execution with low latency and ECN technology, offering average execution speeds under 40ms and no requotes. Capital.com uses a market maker model, which can result in slippage and slower execution during volatile markets. For experienced Taiwan traders who value speed and precision, IC Markets’ execution quality is a clear advantage.
| Safety Factor | IC Markets | Capital.com |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
IC Markets is regulated by ASIC (Australia), CySEC (Cyprus), and the FCA (UK), providing strong client fund segregation and negative balance protection. Capital.com is regulated by the FCA, CySEC, and ASIC as well, but its ASIC license is less comprehensive. Neither broker is directly regulated by the FSC Taiwan, meaning Taiwan traders must rely on offshore protections. IC Markets’ multiple licenses offer greater reassurance for experienced traders, while Capital.com’s regulatory framework is adequate but not as robust.
| Payment Method | IC Markets | Capital.com |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | E-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days | 24 hours |
Taiwan traders can fund both IC Markets and Capital.com using Bank Transfer and Credit Card. IC Markets supports TWD deposits via local bank transfer, converting to base currency at competitive rates, with no deposit fees and withdrawals typically processed within 1-2 business days. Capital.com also accepts Bank Transfer and Credit Card, but deposits are in USD, incurring conversion costs. Credit Card deposits are instant at both, but IC Markets charges lower withdrawal fees (free via bank transfer) compared to Capital.com’s $10 fee. For Taiwan traders, IC Markets offers more cost-effective and flexible local payment options.
| Islamic Account Feature | IC Markets | Capital.com |
|---|---|---|
| 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 IC Markets and Capital.com offer Islamic (swap-free) accounts for Taiwan Muslim traders. IC Markets provides them on Standard and Raw Spread accounts, with no swap charges on overnight positions, though some instruments may have admin fees. Capital.com offers Islamic accounts on all account types with no swap fees, but spreads may be slightly wider. For Taiwan traders seeking Sharia-compliant trading, IC Markets’ lower spreads make it more cost-effective for long-term positions, while Capital.com’s simpler process suits beginners.
| Support Feature | IC Markets | Capital.com | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IC Markets |
IC Markets offers 24/7 multilingual support via live chat, email, and phone, with a dedicated team for Asia-Pacific including Mandarin-speaking agents. Capital.com also provides 24/5 support with live chat and email, but phone support is limited. For Taiwan traders, IC Markets’ round-the-clock availability and local language support are more reliable, especially during active trading hours.
| Mobile Feature | IC Markets | Capital.com | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IC Markets |
| Google Play rating | 4.3 stars | 4.2 stars | IC Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | IC Markets | Capital.com | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | ✗ | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IC Markets |
Choose IC Markets if you...
Choose Capital.com if you...
For experienced Taiwan traders, IC Markets is the clear winner with its 4.8/5 score, lower costs, and superior execution. It supports Bank Transfer and Credit Card deposits in TWD, making it convenient for local clients. While not regulated by FSC Taiwan, its ASIC and FCA oversight provide strong protection. Capital.com (3.8/5) is a decent alternative for beginners but falls short on cost and execution. If you trade actively or value advanced tools, IC Markets is the better choice for Taiwan traders in 2026.