Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Taiwan, choosing between XM Group and FxPro involves weighing trading costs, platform flexibility, and local payment support. XM Group, rated 4.7/5 by our analysts, is known for its ultra-low spreads starting from 0.0 pips on Zero accounts, no-commission trading on Standard accounts, and seamless Bank Transfer and Credit Card deposits in TWD. FxPro, scoring 4.1/5, offers a robust multi-asset platform suite including MT4, MT5, and cTrader, with competitive execution speeds and strong regulatory oversight from the FCA and CySEC. However, its higher minimum deposit ($100 vs $5) and slightly wider spreads make it less cost-effective for active Taiwan traders. Both brokers are popular among Taiwan traders due to their global reputation and support for local payment methods, but XM Group’s lower costs and localised service give it a clear advantage for the Taiwan market. This comparison breaks down every factor that matters to Taiwan traders in 2026, from spreads to regulation and customer support in Mandarin.
| Instrument | XM Group | 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 | $5 | $100 | FxPro |
For Taiwan traders, trading costs are a critical factor, especially for high-volume scalpers. XM Group offers spreads as low as 0.0 pips on its Zero account with a $3.5 commission per lot, while the Standard account has spreads from 1.0 pips with zero commission. FxPro’s Raw Spread account starts from 0.0 pips with a $4.5 commission per lot, and Standard account spreads average 1.2 pips. Over 100 lots per month, XM Group saves Taiwan traders approximately $100-$200 in spread costs compared to FxPro. These savings are significant for traders who execute multiple trades daily during Asian session hours.
| Account Type | XM Group | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
| Entity / Asset | XM Group | FxPro |
|---|---|---|
| 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 | FxPro | 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+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | XM Group | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers support MT4 and MT5, which are the preferred platforms for experienced Taiwan traders due to their advanced charting and automated trading capabilities. FxPro also offers cTrader, a platform favoured for its depth of market and advanced order types, giving it a slight edge in platform variety. XM Group provides XM WebTrader for browser-based trading, which is convenient for Taiwan traders who need quick access without downloads. Both brokers offer mobile apps with full functionality, but XM Group’s platform is more customised for local traders with Chinese language support and local time zone settings.
| Factor | XM Group | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| 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 |
Both brokers offer fast execution speeds, but FxPro has a slight edge with average execution under 30ms on its Raw Spread account using cTrader. XM Group’s execution averages 50-60ms, which is still excellent for most Taiwan traders. However, XM Group’s execution is more consistent during high-volatility events, while FxPro may experience occasional requotes. For scalpers, FxPro’s cTrader platform provides deeper market access, but for typical day trading, XM Group’s execution is reliable and cost-effective.
| Safety Factor | XM Group | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Taiwan traders, as FSC Taiwan does not directly oversee offshore brokers. XM Group is regulated by CySEC (licence 120/10) and the FCA (licence 705428), providing strong investor protection under EU frameworks. FxPro is regulated by the FCA (licence 509956), CySEC (licence 078/07), and additional authorities in South Africa and the Bahamas. For Taiwan traders, FxPro’s FCA regulation offers slightly higher tier-1 protection, but XM Group’s long track record and transparent operations make it equally trustworthy. Both brokers offer negative balance protection, which is critical for retail traders.
| Payment Method | XM Group | FxPro |
|---|---|---|
| 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 | 1 business day |
Taiwan traders can fund their accounts using Bank Transfer and Credit Card with both brokers. XM Group supports TWD bank transfers with no deposit fees and processes withdrawals within 24 hours on business days, with no internal fees. Credit card deposits are instant, and XM Group does not charge conversion fees for TWD. FxPro also accepts Bank Transfer and Credit Card, but may apply a 0.5% conversion fee for TWD deposits. FxPro’s withdrawal processing takes 1-3 business days, and bank transfers may incur intermediary bank fees. For Taiwan traders, XM Group’s faster and fee-free deposit/withdrawal process is a clear advantage, especially for those who need quick access to funds.
| Islamic Account Feature | XM Group | 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 XM Group and FxPro offer Islamic (swap-free) accounts for Taiwan Muslim traders who require compliance with Sharia law. XM Group provides Islamic accounts across all account types (Standard, Zero, and Micro) with no additional charges or time limits on swap-free status. FxPro offers Islamic accounts on request, but may apply a small administrative fee after 30 days of holding positions overnight. Taiwan traders should confirm with each broker’s support team to ensure eligibility and understand any conditions. XM Group’s policy is more straightforward and cost-effective for long-term swap-free trading.
| Support Feature | XM Group | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | XM Group |
Customer support in Mandarin is available from both brokers, but XM Group offers 24/5 live chat and phone support with dedicated Taiwan team members. FxPro provides support in Mandarin via email and live chat during business hours, but response times can be slower during peak Asian session hours. For Taiwan traders who prefer quick resolution in their local language, XM Group’s support is more responsive and tailored.
| Mobile Feature | XM Group | FxPro | 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 | FxPro | 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 FxPro if you...
For experienced Taiwan traders in 2026, XM Group is the superior choice overall due to its lower trading costs, fee-free TWD bank transfers and credit card deposits, and strong local support. While FxPro offers excellent execution and platform variety, its higher spreads and less favourable deposit conditions for Taiwan traders make it a secondary option. Both brokers are legally accessible from Taiwan and regulated internationally, but XM Group’s 4.7/5 rating reflects its better alignment with the needs of cost-conscious, active Taiwan traders. If you prioritise low costs and seamless local payments, XM Group is the clear winner.