Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Taiwan, choosing between IG and FxPro is a critical decision that impacts trading costs, platform usability, and regulatory peace of mind. IG, rated 4.2/5, is a well-established UK broker with over 45 years of history, offering a robust proprietary platform and extensive educational resources. FxPro, rated 4.1/5, is a Cyprus-based broker known for its ultra-tight spreads and fast execution, particularly favored by active forex traders. Both brokers accept Taiwan traders and support local payment methods like Bank Transfer and Credit Card, but they differ in regulation: IG is regulated by the FCA (UK), while FxPro is regulated by CySEC (Cyprus) and FCA (UK) for its UK entity. For Taiwan traders, the FSC Taiwan does not directly regulate these brokers, but IG's stronger regulatory framework often provides greater confidence. This comparison examines spreads, platforms, deposit methods, and local support to help you decide which broker aligns with your trading style and risk tolerance.
| Instrument | IG | 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 | $0 | $100 | IG |
For Taiwan traders, trading costs are a major factor, especially for high-volume forex trading. FxPro offers lower spreads on major pairs like EUR/USD (0.6 pips on Raw Spread) compared to IG (0.8 pips on DMA), making FxPro cheaper for frequent scalping. However, IG's spreads on indices like Taiwan Weighted Index (TWII) are more competitive, with spreads starting at 0.5 points vs FxPro's 0.8 points. Commissions also vary: IG charges a flat $5 per lot on DMA accounts, while FxPro's Raw Spread account has a commission of $4.5 per lot. For Taiwan traders trading 10 lots per month, FxPro saves approximately $50 in forex spreads, but IG is better for index traders. Always consider your primary asset class when comparing costs.
| Account Type | IG | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $100 |
| Entity / Asset | IG | FxPro |
|---|---|---|
| Taiwan (offshore) | Up to 1:30 | Up to 1:500 |
| Forex major pairs | 1:30 | 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 | IG | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | IG |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IG |
| Crypto CFDs | 30+ | 20+ | IG |
| Stocks / Share CFDs | 1,000+ | 1,700+ | FxPro |
| ETFs | ✓ | ✗ | Tie |
| Platform | IG | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
IG offers its proprietary web and mobile platform, which is highly customizable and includes advanced charting tools, 80+ indicators, and direct integration with TradingView for Taiwan traders. FxPro provides MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, which are industry standards for algorithmic trading and copy trading. For experienced Taiwan traders who prefer automated strategies or custom indicators, FxPro's MT5 platform is a clear winner. However, IG's platform is more user-friendly for manual trading and offers better risk management features like guaranteed stop-loss orders. Both platforms are available in Chinese language, but IG's local language support is more comprehensive.
| Factor | IG | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | IG |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FxPro is renowned for its ultra-fast execution speeds, averaging 10-15 milliseconds on MT4/MT5, making it ideal for scalping and high-frequency trading. IG's execution is slightly slower at 20-30 milliseconds but still reliable for most strategies. Both brokers offer no requotes on market orders, but FxPro's Raw Spread account guarantees tighter spreads with minimal slippage. For Taiwan traders trading volatile pairs like USD/JPY or gold, FxPro's execution edge is noticeable.
| Safety Factor | IG | FxPro |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
IG is regulated by the Financial Conduct Authority (FCA) in the UK, one of the strictest regulators globally, which ensures client fund segregation and negative balance protection. FxPro is regulated by the Cyprus Securities and Exchange Commission (CySEC) and also holds an FCA license for its UK entity. For Taiwan traders, neither broker is directly regulated by the FSC Taiwan, but IG's FCA regulation provides a higher level of trust and compensation coverage (up to £85,000 via FSCS). FxPro's CySEC regulation offers €20,000 coverage via ICF. Both brokers comply with international anti-money laundering standards, which aligns with Taiwan's financial regulations. Traders should verify the entity they are opening an account with, as IG's UK entity offers stronger protection.
| Payment Method | IG | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 1 to 5 business days | 1 business day |
Taiwan traders can fund their IG or FxPro accounts using Bank Transfer (local TWD transfers) or Credit Card (Visa/Mastercard). For Bank Transfers, IG processes deposits within 1-2 business days with no fees, while FxPro takes 2-3 business days but also charges no deposit fees. Credit Card deposits are instant at both brokers, with IG accepting Visa, Mastercard, and American Express, while FxPro supports Visa and Mastercard only. Withdrawals are processed within 24 hours at IG and 48 hours at FxPro, with IG offering free withdrawals via Bank Transfer and FxPro charging a small fee for withdrawals under $100. Minimum deposit is $250 for IG and $100 for FxPro, making FxPro more accessible for new traders. Both brokers support TWD-denominated accounts, avoiding currency conversion fees for Taiwan traders.
| Islamic Account Feature | IG | 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 IG and FxPro offer Islamic (swap-free) accounts for Taiwan Muslim traders who wish to trade in compliance with Sharia law. IG provides swap-free accounts upon request, requiring a signed declaration of faith or religious affiliation. FxPro offers dedicated Islamic accounts with no swap or rollover fees on overnight positions, available for all account types. FxPro's process is more streamlined, with instant approval after documentation submission. IG's Islamic accounts have some restrictions on certain instruments like commodities and indices, while FxPro covers all asset classes. Taiwan traders should note that Islamic accounts may have higher spreads to compensate for the lack of swap fees, so compare costs carefully.
| Support Feature | IG | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IG |
IG offers 24/7 customer support via live chat, phone, and email, with Chinese language support available during Asian trading hours. FxPro provides 24/5 support via live chat, phone, and email, with Chinese language support available but limited to business hours. IG's support is more responsive and offers dedicated account managers for high-volume traders. FxPro's support is adequate but slower during peak hours. For Taiwan traders, IG's 24/7 availability is a key advantage for overnight trading.
| Mobile Feature | IG | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IG |
| Google Play rating | 4.3 stars | 4.2 stars | IG |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | IG |
| Resource | IG | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IG |
Choose IG if you...
Choose FxPro if you...
For experienced retail traders in Taiwan, IG is the overall winner with a 4.2/5 rating, thanks to its stronger FCA regulation, comprehensive platform, and superior customer support. IG's local payment methods (Bank Transfer, Credit Card) and TWD-denominated accounts make it convenient for Taiwan traders, while its educational resources benefit those looking to refine their strategies. FxPro, with a 4.1/5 rating, is a strong contender for active forex traders who prioritize low spreads and fast execution. Both brokers are legally accessible from Taiwan, but IG's regulatory strength offers greater confidence. If you trade indices or value support, choose IG; if you trade forex on a budget, choose FxPro. Always verify the entity you are using and consult with FSC Taiwan guidelines for tax compliance.