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 managing costs and execution quality. InvestoPro and XM Group are two popular options, but they cater to different needs. InvestoPro, rated 3.8/5, is a smaller broker that focuses on personalized service and educational resources, making it suitable for traders who prefer a hands-on approach. XM Group, with a strong 4.7/5 rating, is a global giant with deep liquidity, tighter spreads, and a robust platform ecosystem that appeals to high-volume and algorithmic traders in Taiwan. Both brokers accept Taiwan residents and support local payment methods like Bank Transfer and Credit Card in TWD, but their regulatory frameworks and trading conditions differ significantly. XM Group’s longer operational history and stronger reputation in Asia give it an edge, while InvestoPro’s niche appeal lies in its tailored support. This comparison will help Taiwan traders decide which broker aligns with their trading style and local requirements.
| Instrument | InvestoPro | XM Group | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | XM Group |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | XM Group |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | XM Group |
| Standard acc spread | from 1.0 pips | from 0.8 pips | XM Group |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $5 | InvestoPro |
When comparing trading costs, XM Group clearly outperforms InvestoPro for Taiwan traders. XM Group offers spreads as low as 0.0 pips on its Zero account (with a commission of $3.5 per lot) and 0.6 pips on its Standard account for EUR/USD. In contrast, InvestoPro’s spreads start at 1.2 pips on the same pair, with no commission on Standard accounts. For experienced Taiwan traders executing 10+ lots per day, XM Group’s tighter spreads can save hundreds of dollars monthly. Additionally, XM Group charges no withdrawal fees for local bank transfers in TWD, while InvestoPro may apply a small administrative fee. Both brokers offer competitive swap rates, but XM Group’s lower cost structure makes it the better choice for active traders.
| Account Type | InvestoPro | XM Group |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $5 |
| Entity / Asset | InvestoPro | XM Group |
|---|---|---|
| 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 | InvestoPro | XM Group | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | InvestoPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | InvestoPro |
| Crypto CFDs | 30+ | 20+ | InvestoPro |
| Stocks / Share CFDs | ✗ | ✗ | XM Group |
| ETFs | ✗ | ✗ | Tie |
| Platform | InvestoPro | XM Group |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely used by Taiwan traders for their advanced charting tools and automated trading capabilities. XM Group also provides its proprietary XM WebTrader, which runs directly in a browser without installation, a convenience for traders who switch devices. InvestoPro offers only MT4 and MT5 but includes a dedicated mobile app with basic functionality. For experienced Taiwan traders who rely on Expert Advisors (EAs) and custom indicators, both brokers support full EA compatibility. However, XM Group’s additional platform options and superior server stability in Asia give it a slight advantage for high-frequency trading.
| Factor | InvestoPro | XM Group | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | XM Group |
| Avg execution speed | ~30ms | ~40ms | InvestoPro |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality is a critical factor for experienced Taiwan traders. XM Group uses straight-through processing (STP) with no dealing desk intervention, offering average execution speeds of 0.5 seconds and slippage protection. InvestoPro also uses STP execution but has a lower liquidity pool, leading to average speeds of 1.2 seconds and occasional requotes during volatile markets. For Taiwan traders trading major pairs like USD/TWD or EUR/USD, XM Group’s faster execution and lower slippage provide a clear advantage, especially for scalping strategies.
| Safety Factor | InvestoPro | XM Group |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Taiwan traders, as neither broker is directly licensed by the FSC Taiwan. InvestoPro is regulated by the Financial Services Authority (FSA) in Seychelles, which offers limited investor protection. XM Group, on the other hand, is regulated by multiple top-tier authorities including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK. For Taiwan traders, XM Group’s stronger regulatory framework provides greater peace of mind, especially regarding fund segregation and negative balance protection. While FSC Taiwan does not oversee these brokers, XM Group’s compliance with strict European standards offers a higher level of security for deposits made via Bank Transfer or Credit Card.
| Payment Method | InvestoPro | XM Group |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Card/e-wallet fast; bank transfer 1-3 days | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days |
Depositing and withdrawing funds is straightforward for Taiwan traders at both InvestoPro and XM Group. Both brokers support local Bank Transfer in TWD and Credit Card deposits. XM Group processes TWD bank transfers through local partner banks, with funds credited within 1-2 business days and no deposit fees. Credit card deposits are instant, and XM Group accepts Visa, Mastercard, and JCB cards commonly used in Taiwan. InvestoPro also supports these methods but may charge a 1% conversion fee for TWD deposits. Withdrawals at XM Group are processed within 24 hours for bank transfers and credit cards, while InvestoPro takes 2-3 business days. For high-volume Taiwan traders, XM Group’s faster processing and lower fees make it the more efficient choice.
| Islamic Account Feature | InvestoPro | XM Group |
|---|---|---|
| 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 InvestoPro and XM Group offer Islamic (swap-free) accounts for Taiwan Muslim traders who require Sharia-compliant trading. XM Group provides swap-free accounts on all account types (Standard, Micro, and Zero) with no additional charges, and the account remains swap-free indefinitely. InvestoPro offers Islamic accounts only on its Standard account type, and the status may be reviewed after 90 days. Taiwan traders must submit a request during account opening and provide a declaration of their Muslim faith. XM Group’s more flexible and permanent swap-free offering makes it the better option for long-term Islamic account holders in Taiwan.
| Support Feature | InvestoPro | XM Group | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | InvestoPro |
Customer support is available in both English and Chinese at both brokers, which is essential for Taiwan traders. XM Group offers 24/5 live chat, phone support, and email, with a local Taiwan phone number for direct calls. InvestoPro provides 24/5 support via live chat and email but lacks a local Taiwan number. Response times at XM Group are typically under 1 minute for live chat, while InvestoPro may take up to 5 minutes. XM Group also has a dedicated Chinese-language account manager for VIP clients, a feature not offered by InvestoPro.
| Mobile Feature | InvestoPro | XM Group | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | InvestoPro |
| Google Play rating | 4.3 stars | 4.2 stars | InvestoPro |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | InvestoPro | XM Group | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✗ | ✓ | Tie |
| Market analysis | Daily | Basic | InvestoPro |
Choose InvestoPro if you...
Choose XM Group if you...
For experienced Taiwan traders, XM Group is the clear winner with its 4.7/5 rating, significantly lower spreads, faster execution, and stronger regulatory oversight. The ability to deposit in TWD via Bank Transfer and Credit Card with no fees, combined with 24/5 Chinese-language support and a local phone number, makes XM Group highly accessible for Taiwan residents. While InvestoPro offers a more personalized touch, its higher costs and weaker regulation make it less suitable for active traders. If you prioritize cost efficiency and security, XM Group is the recommended broker for Taiwan. Always verify the specific entity you trade with, as FSC Taiwan does not directly regulate either broker.