Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
Taiwan traders seeking a reliable forex broker in 2026 face a strong choice between XM Group and Admirals. XM Group, with a score of 4.7/5, stands out for its ultra-competitive spreads and extensive product range, including over 1,000 CFDs on indices, commodities, and cryptocurrencies. Admirals, rated 4.1/5, is known for its MetaTrader Supreme plugin and in-depth market analysis, appealing to traders who value education. Both brokers accept Taiwan residents and support local payment methods like Bank Transfer and Credit Card in TWD. However, XM’s lower trading costs and faster withdrawal processing give it an edge for experienced retail traders in Taiwan. This comparison focuses on key factors relevant to the Taiwan market, including regulation by FSC Taiwan, local currency support, and platform suitability.
| Instrument | XM Group | 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 | $5 | $1 | Admirals |
For Taiwan traders, trading costs are critical, especially when trading USD/TWD or Asian indices. XM Group’s standard account spreads on EUR/USD start at 1.0 pips, while Admirals’ spreads average 1.2 pips. On gold, XM offers spreads from 0.3 pips versus Admirals’ 0.5 pips. For a Taiwan trader executing 10 lots per month, XM can save approximately $200 USD annually in spread costs. Additionally, XM charges no commission on standard accounts, whereas Admirals’ Zero account has a $3 per lot commission. For high-volume traders, XM’s cost structure is more favorable.
| Account Type | XM Group | Admirals |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $1 |
| Entity / Asset | XM Group | Admirals |
|---|---|---|
| Taiwan (offshore) | Up to 1:1000 | Up to 1:500 |
| Forex major pairs | 1:1000 | 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 | XM Group | Admirals | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | XM Group |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | XM Group |
| Crypto CFDs | 30+ | 20+ | XM Group |
| Stocks / Share CFDs | ✗ | 1,700+ | Admirals |
| ETFs | ✗ | ✓ | Tie |
| Platform | XM Group | Admirals |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, the preferred platforms for Taiwan traders. XM Group provides additional access to its XM WebTrader, which is optimized for local internet speeds. Admirals offers the MetaTrader Supreme plugin, adding advanced tools like sentiment analysis and correlation matrices. For Taiwan traders who rely on technical analysis, Admirals’ plugin is a bonus, but XM’s platform stability and faster order execution are more beneficial for active day traders.
| Factor | XM Group | Admirals | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Admirals |
| Avg execution speed | ~30ms | ~40ms | XM Group |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
XM Group boasts an average execution speed of under 0.2 seconds, with no requotes on most trades. Admirals has a slightly slower execution at 0.3 seconds, which may impact scalpers in Taiwan. XM’s STP execution model also reduces slippage during volatile Asian sessions, benefiting Taiwan traders trading during peak hours.
| Safety Factor | XM Group | Admirals |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
XM Group is regulated by multiple top-tier authorities including ASIC, CySEC, and FCA, while Admirals is regulated by the FCA and CySEC. Both brokers are not directly regulated by the FSC Taiwan, meaning Taiwan traders must rely on international oversight. However, XM’s stronger regulatory framework (e.g., negative balance protection) offers extra security. Admirals also maintains segregated client accounts. Taiwan traders should verify that their chosen broker complies with international standards, as local recourse is limited.
| Payment Method | XM Group | Admirals |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several 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 can fund accounts via Bank Transfer and Credit Card at both brokers. XM Group processes TWD Bank Transfers with no deposit fees and typically credits funds within 1 business day. Credit Card deposits are instant, with a minimum of $5 USD. Withdrawals at XM are processed within 24 hours, with no fees for Bank Transfer. Admirals also supports Bank Transfer and Credit Card, but may charge a 1-2% conversion fee for TWD deposits. Withdrawals at Admirals take 1-3 business days. For Taiwan traders, XM’s faster withdrawal processing and zero-fee Bank Transfers are a clear advantage.
| Islamic Account Feature | XM Group | 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 |
Both XM Group and Admirals offer Islamic (swap-free) accounts for Taiwan Muslim traders. XM provides this option on all account types without any time limit or additional fees, making it ideal for long-term position traders. Admirals also offers Islamic accounts but requires a formal request and may impose a 90-day limit before swaps are reinstituted. For Taiwan-based Muslim traders who hold positions overnight, XM’s more flexible policy is preferable.
| Support Feature | XM Group | Admirals | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | XM Group |
XM Group offers 24/5 multilingual customer support via live chat, email, and phone, with Mandarin-speaking agents available during Taiwan business hours. Admirals provides similar support but with fewer language options and slower response times. For Taiwan traders, XM’s dedicated Mandarin support line and faster query resolution make it the better choice.
| Mobile Feature | XM Group | Admirals | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | XM Group |
| Google Play rating | 4.3 stars | 4.2 stars | XM Group |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | XM Group | Admirals | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | XM Group |
Choose XM Group if you...
Choose Admirals if you...
For experienced retail traders in Taiwan, XM Group (4.7/5) is the stronger choice due to its lower spreads, faster withdrawals via Bank Transfer and Credit Card, and flexible Islamic account. Admirals (4.1/5) is a solid alternative for those who prioritize advanced platform features and education, but its higher costs and slower processing may deter active traders. Both brokers accept Taiwan residents and comply with international standards, but XM better aligns with the needs of Taiwan traders seeking efficiency and cost savings. Always check FSC Taiwan guidelines before trading.