If you're a Taiwanese trader looking to get into forex trading or already have some experience and are searching for the best forex brokers to use in 2025, you're in the right place. Whether you're new to the scene or a seasoned retail trader, finding the right forex broker can make a big difference in your trading experience. The right trading platform can offer you the tools, resources, and support you need to succeed in the fast-paced forex trading market.

Forex trading in Taiwan is completely legal and growing in popularity. Many Taiwanese forex traders are looking for brokers that offer competitive pricing, a wide range of trading instruments, and user-friendly trading platforms. With so many options out there, it can be hard to know which broker is the best fit for your needs. That's why we’ve put together this guide to help you find the best forex brokers in Taiwan for 2025.

In this guide, we’ll highlight the top five brokers offering excellent forex trading services in Taiwan. These brokers have been selected based on their platform performance, fees, customer service, and their overall reliability for trading forex. So, if you're ready to trade forex and want to find a trusted broker, keep reading!

What to Look for in a Forex Broker in Taiwan

Regulation and Licensing

One of the first things to check is if the broker is regulated and has the proper licenses. Choosing a regulated broker is super important because it ensures that the broker is following rules that protect you as a trader. In Taiwan, make sure the broker has proper oversight from reliable financial authorities. This helps you avoid any shady business practices and gives you peace of mind while you trade forex.

Trading Platforms

The trading platform is the tool you’ll use the most, so you want it to be easy to use and reliable. Look for platforms that have a user-friendly interface, especially if you’re just starting out. If you’re someone who trades on the go, make sure the platform has solid mobile support so you can check your trades and manage your account from anywhere. Fast execution speeds and customizable charts are also big pluses.

Fees and Spreads

No one likes paying more than they have to, right? Brokers charge traders through fees and spreads, so it’s important to understand what you’re being charged and how to minimize those costs. Look for brokers with low spreads and transparent fee structures. Some brokers might offer commission-free trading but have higher spreads, while others charge a small commission but offer tighter spreads. Find what works best for your trading style.

Deposit and Withdrawal Options

Another key factor is how easy it is to deposit and withdraw your funds. Check if the broker supports local banks in Taiwan for easy deposits and withdrawals. Having international transaction options is also helpful, especially if you deal with different currencies. The process should be smooth and fast without any hidden fees.

Customer Support

Good customer support can make a big difference, especially if you run into issues with your account or trades. Look for brokers that offer multilingual support, including Mandarin, and make sure their service is available 24/7. That way, if you have any questions or problems, you can get help quickly, no matter the time.

5 Best Forex Brokers in Taiwan

#1. AvaTrade: Best Overall for Taiwanese Traders

What is AvaTrade?

AvaTrade is a globally recognized online broker specializing in Forex and CFD trading across various assets, including commodities, stocks, ETFs, bonds, cryptocurrencies, and indices. Established in 2006, it operates under stringent regulations from multiple authorities, such as the Central Bank of Ireland, ASIC in Australia, the Financial Services Agency in Japan, and the Financial Sector Conduct Authority in South Africa. This extensive regulatory oversight ensures a secure and transparent trading environment, contributing to AvaTrade's reputation as a reliable broker. Its user-friendly platforms, competitive spreads, and comprehensive educational resources further enhance its appeal to traders worldwide, making it one of the best brokers in Taiwan.

Advantages and Disadvantages of AvaTrade

AvaTrade Fees and Commissions

AvaTrade offers a transparent fee structure with no deposit or withdrawal fees. Trading costs are primarily embedded within the spreads, with the EUR/USD pair averaging a spread of 0.9 pips. An inactivity fee of $50 per quarter is applied after three consecutive months of non-use, along with a $100 annual administration fee after twelve months of inactivity. Additionally, overnight funding fees may apply for positions held overnight.

OPEN AN ACCOUNT NOW WITH AVATRADE AND GET YOUR WELCOME BONUS

#2. Pepperstone

What is Pepperstone?

Pepperstone is considered one of the best forex brokers in Taiwan due to its fast execution speeds, low fees, and strong regulatory oversight. It offers traders a choice of multiple trading platforms like MetaTrader 4, MetaTrader 5, and cTrader, providing flexibility for all levels of traders. With competitive spreads starting from 0.0 pips on the Razor account, Pepperstone is particularly attractive for high-frequency traders and scalpers. Taiwanese traders benefit from access to a wide range of trading instruments, including forex, commodities, and cryptocurrencies.

Advantages and Disadvantages of Pepperstone

Advantages	Disadvantage
Tight spreads and competitive pricing Fast execution speeds Strong regulatory oversight Multiple platform options	Limited customer support options Inactivity fees for dormant accounts

Pepperstone Fees and Commissions

When trading with Pepperstone in Taiwan, the broker offers two main account types: Standard and Razor. The Standard account has no commissions, with spreads starting at around 1.0 pips, while the Razor account features ultra-low spreads (as low as 0.0 pips) but charges a commission of $3.50 per side per lot. Additionally, there are no deposit or withdrawal fees, and Pepperstone provides competitive overnight swap rates for those holding positions overnight. The variety of platforms, coupled with transparent fees, makes Pepperstone a top choice for Taiwanese traders​,

OPEN AN ACCOUNT NOW WITH PEPPERSTONE AND GET YOUR WELCOME BONUS

#3. FP Markets

What is FP Markets?

FP Markets is a highly regarded forex and CFD broker, particularly noted for its low trading costs, making it one of the best brokers in Taiwan. It offers tight spreads starting from 0.0 pips and leverage up to 1:500, making it an attractive choice for both beginner and advanced traders. FP Markets is well-regulated by top financial authorities, including ASIC and CySEC, ensuring a safe and secure trading environment for Taiwanese clients. With access to over 10,000 financial instruments and a variety of platforms like MetaTrader 4, MetaTrader 5, and cTrader, FP Markets is recognized for delivering a comprehensive and flexible trading experience​.

Advantages and Disadvantages of FP Markets

Advantages	Disadvantage
Tight spreads starting from 0.0 pips Fast execution speeds Supports MetaTrader 4, MetaTrader 5, and cTrader High leverage options up to 1:500 Wide range of tradable assets	No proprietary trading platform Limited educational content for beginners Withdrawal fees may apply

FP Markets Fees and Commissions

Users can choose between the Standard and Raw accounts. The Standard account offers commission-free trading with spreads starting from 1.0 pips, while the Raw account provides spreads as low as 0.0 pips with a $3 commission per lot per side. FP Markets does not charge for deposits or withdrawals, and there are no inactivity fees. The broker also offers fast order execution, robust mobile apps, and a range of advanced charting tools, making it a solid choice for traders looking for both low costs and high performance​.

OPEN AN ACCOUNT NOW WITH FP MARKETS AND GET YOUR WELCOME BONUS

#4. Tickmill

What is Tickmill?

Tickmill is widely recognized as one of the best brokers in Taiwan due to its competitive trading conditions, regulatory oversight, and flexible account options. Regulated by top authorities like the FCA and CySEC, Tickmill offers traders in Taiwan access to a wide range of instruments, including forex, commodities, and indices. One of its standout features is the low minimum deposit of $100 and spreads starting from 0.0 pips for the Raw account, making it ideal for cost-conscious traders. With leverage up to 1:500 and support for strategies like scalping and algorithmic trading, Tickmill delivers a robust and flexible trading experience.

Advantages and Disadvantages of Tickmill

Advantages	Disadvantage
Strong regulation Comprehensive educational materials Flexible account options	Swap fees for overnight positions Limited trading platforms

Tickmill Fees and Commissions

Traders can choose between the Classic and Raw accounts. The Classic account is commission-free but has wider spreads starting at 1.6 pips, while the Raw account features spreads as low as 0.0 pips with a commission of $3 per lot per side. Tickmill is also known for its zero fees on deposits and withdrawals, adding to its appeal for traders looking to minimize costs. Additionally, the broker offers no inactivity fees, ensuring long-term traders are not penalized for pauses in their trading​.

OPEN AN ACCOUNT NOW WITH TICKMILL AND GET YOUR WELCOME BONUS

#5. CMC Markets

What is CMC Markets?

CMC Markets is a well-established forex and CFD broker, founded in 1989 and renowned globally for its transparency and advanced trading platforms. It is highly regarded in Taiwan due to its strong regulatory framework—regulated by top-tier authorities such as the FCA and ASIC—which ensures a secure trading environment. CMC Markets stands out for offering access to over 12,000 tradable instruments, including forex pairs, commodities, indices, and more, making it an excellent option for traders seeking a broad range of assets. With its Next Generation platform, CMC provides traders with cutting-edge tools and features that enhance both trading and analysis.

Advantages and Disadvantages of CMC Markets

Advantages	Disadvantage
Access to over 10,000 financial instruments for spread betting. Advanced proprietary trading platform with comprehensive tools and features. Competitive spreads, particularly in liquid markets. Strong regulatory oversight and security.	Complex fee structure for certain products, which can be confusing for some users. Higher minimum deposit required for premium spread betting accounts.

CMC Markets Fees and Commissions

Users benefit from competitive spreads, with major forex pairs like EUR/USD starting from 0.7 pips, and no commissions on forex trades. The broker supports a zero minimum deposit, making it accessible for all levels of traders. Additional costs include a rollover fee for positions held overnight, but there are no fees for deposits or withdrawals. CMC’s Next Generation platform offers advanced charting, customizable layouts, and access to educational resources, making it a versatile choice for both novice and experienced traders.

OPEN AN ACCOUNT NOW WITH CMC MARKETS AND GET YOUR WELCOME BONUS

#6. Fusion Markets

What is Fusion Markets?

Fusion Markets is one of Taiwan's finest forex brokers since it has a good reputation for having very low trading charges and clear prices. Fusion, which was founded in 2017 and is registered by ASIC in Australia, has spreads as low as 0.0 pips and some of the lowest commissions in the business. This makes it very appealing to scalpers and high-frequency traders. Fusion's support for both MT4 and MT5 platforms makes trading easy, reliable, and affordable for Taiwanese traders who want to save money without giving up reliability.

Advantages and Disadvantages of Fusion Markets

Advantages	Disadvantage
BUltra-Low Spreads Zero Minimum Deposit No Deposit/Withdrawal Fees Transparent Pricing	Limited Product Range Basic Research Tools No Owned Proprietary Platform

Fusion Markets Fees and Commissions

The key to Fusion is affordability. While the Classic Account offers spreads of about 0.9 pips with no visible cost, the Zero Account can provide you raw 0.0 pip spreads with a commission of USD 2.25 per side (USD 4.50 round-trip). Fusion offers free deposits and withdrawals, and there is no minimum deposit required. Crucially, they don't impose inactivity fees, which makes it a good choice even if you don't trade frequently.

OPEN AN ACCOUNT NOW WITH FUSION MARKETS AND GET YOUR BONUS

#7. IC Markets

What is IC Markets?

IC Markets is one of the finest forex brokers in Taiwan since it has a lot of liquidity, very fast execution, and tight spreads. It started in 2007 and is now regulated by ASIC (Australia), CySEC (Cyprus), and FSA (Seychelles). It is now a top choice for both professional and retail traders. Taiwanese traders use IC Markets because it has a real ECN trading environment with raw spreads starting at 0.0 pips and works well with MT4, MT5, and cTrader platforms. IC Markets is one of the best brokers for people who want to trade forex consistently since it is reliable, cost-effective, and uses cutting-edge technology.

Advantages and Disadvantages of IC Markets

Advantages	Disadvantage
Deep Liquidity for High-Volume Trading Fast Execution Speeds Supports Algorithmic & Copy Trading No Inactivity or Funding Fees	No Proprietary Platform Educational Content Limited Research Tools Basic Customer Support Can Be Slow

IC Markets Fees and Commissions

IC Markets doesn't have its own platform; instead, it offers its ECN-style environment through popular platforms including MT4, MT5, cTrader, and TradingView. Traders really like that the Raw account has a lot of liquidity and tight raw spreads from 0.0 pips, and that it charges USD 3.50 in commission per side every lot (USD 7 round trip). The Standard account comes with built-in spread-only pricing, starting at about 1.0 pip, and no commissions if you want things simple. There are no costs for deposits or withdrawals on the broker's side, and there are no inactivity penalties, so it's quite easy to use, even if you don't use it for a while.

OPEN AN ACCOUNT NOW WITH IC MARKETS AND GET YOUR BONUS

#8. Global Prime

What is Global Prime?

Global Prime is an Australian broker that has gained a dedicated following of traders by putting honesty first. It was set up in 2010 and is regulated by ASIC. It has minimal trading costs and policies that are good for customers. One of Global Prime's best advantages is that it gives clients transaction receipts, which show them exactly how and where their trades were made. This level of openness is unique in the industry. The broker supports MT4 and MT5, which are both solid and well-known trading platforms.

Advantages and Disadvantages of Global Prime

Advantages	Disadvantage
Transparent Trade Receipts Low Trading Costs No Deposit or Withdrawal Fees No Inactivity Fee Fast and Easy Account Setup	Limited Product Range No Proprietary Platform Research Tools Are Basic Education Resources Limited

Global Prime Fees and Commissions

Global Prime runs on an ECN-style model that appeals to cost-focused traders. The Raw Account has spreads that can be as low as 0.0 pips, and each side of each lot pays a USD 3.50 fee (USD 7 round trip). There is no commission on the Standard Account, and spreads start at roughly 0.9 pips. The broker doesn't impose an inactivity fee, and deposits and withdrawals are free on their end. However, banks may levy their own fees for transfers. Global Prime is still popular with active traders since they are open about their prices and keep them competitive.

OPEN AN ACCOUNT NOW WITH GLOBAL PRIME AND GET YOUR BONUS

#9. Hantec Markets

What is Hantec Markets?

Hantec Markets is a well-known broker that has been around since 1990 and has acquired a good reputation in forex and CFD trading. It works all over the world, since it offers low spreads, no fees for deposits or withdrawals, and a safe trading environment. The broker gives you access to MT4 and MT5, which are simple trading platforms that don't have any further features.

Advantages and Disadvantages of Hantec Markets

Advantages	Disadvantages
Tight Forex Spreads Fast Trade Execution Proprietary Mobile App Multiple Platform Choices	Inactivity Fee After 6 Months Education Content Limited Research Tools Basic Product Range Narrow

Hantec Markets Fees and Commissions

There are two primary types of accounts at Hantec Markets. The Pro account has spreads as low as 0.1 pips on EUR/USD and charges USD 2 per lot each side (USD 4 round trip). There are no commissions on the Standard account, and spreads are usually between 0.3 and 0.5 pips. Hantec doesn't charge anything for deposits or withdrawals, although banks may charge their own fees. If your account is inactive for longer than six months, you will be charged a cost of $5 each month.

OPEN AN ACCOUNT NOW WITH HANTEC MARKETS AND GET YOUR BONUS

#10. Vantage

What is Vantage?

Vantage is a registered forex and CFD broker that has been around since 2009. People trust it since it is open about its fees, has low prices, and executes trades very quickly. It is regulated by ASIC and the FCA, and it protects client funds by keeping them in separate accounts and offering extra insurance coverage. This makes it a safe alternative for traders in Taiwan and around the world.

Advantages and Disadvantages of Vantage

Advantages	Disadvantages
Strong Global Regulation Multiple Trading Platforms Extra Insurance Protection for Clients No Internal Deposit or Withdrawal Fees Tight Spreads on Raw/ECN Accounts	Investor Protection Limited by Region Limited Product Range Beyond Forex/CFDs Customer Support Can Be Slow at Times Third-Party Bank Fees May Still Apply

Vantage Fees and Commissions

There are two basic types of accounts at Vantage. There are no commissions on the Standard STP account, and the average spreads are 1.4 pips on EUR/USD and 1.6 pips on GBP/USD. The Raw/ECN account has spreads that are as low as 0.0–0.3 pips and a cost of $3 per side per lot (or $6 round-trip). There are very little penalties for not trading. There are no inactivity fees and no internal fees for deposits or withdrawals. However, international bank transfers may cost $20. This pricing structure makes Vantage appealing to both new and experienced traders who want clear and low-cost trading conditions.

OPEN AN ACCOUNT NOW WITH VANTAGE AND GET YOUR BONUS

#11. Exness

What is Exness?

Exness is a forex and CFD broker that is regulated by more than one authority. It was created in 2008 and is noted for its very low spreads and clear fee structure. It is regulated by many top-tier organizations, such as the FCA, CySEC, FSCA, and FSA. It offers traders in Taiwan and throughout the world strong account security features like segregated funds and extended client protection.

Advantages and Disadvantages of Exness

Advantages	Disadvantage
Ultra-Low Forex Spreads Multiple Account Types No Deposit or Withdrawal Fees Negative Balance Protection Fast and Transparent Withdrawals	Investor Protection Varies by Jurisdiction No Investor Compensation Outside Certain Regions Limited Product Range Beyond CFDs Third-Party Bank or Payment Fees May Apply

Exness Fees and Commissions

Exness has numerous types of accounts that work for different types of traders. The Standard Account is free of commissions and has spreads that start at about 0.2 pips, which makes it a good choice for regular retail traders. The Raw and Zero Accounts have spreads as tight as 0.0–0.1 pips and a cost of $3.50 each side every lot, or $7 round-turn, for individuals who want the lowest possible spreads. The Pro Account is for more experienced traders. It has competitive spreads and lets you pick how to execute your trades. Exness is also known for being cost-effective because it doesn't charge fees for inactivity, deposits, or withdrawals. However, costs from external banks or third-party payment providers may still apply.

OPEN AN ACCOUNT NOW WITH EXNESS AND GET YOUR BONUS

#12. XM 

What is XM?

XM is one of the best forex brokers in Taiwan because it is easy to use and has conditions that are good for traders. This makes it a popular choice for both new and experienced traders. XM was founded in 2009 and is regulated by several organizations. It is noted for having low minimum deposits, a wide selection of account kinds, and great instructional resources. Taiwanese traders really like its bonuses, bilingual support, and flexible trading conditions because they make it easier to get into the forex market without giving up reliability.

Advantages and Disadvantages of XM

Advantages	Disadvantage
Low Minimum Deposit Ultra-Fast Execution Wide Range of Instruments Multiple Trading Platforms Regulated by Multiple Authorities	Inactivity Fees Limited Cryptocurrency Offerings No U.S. Clients Accepted Potential for High Leverage Risks Higher Spreads on Standard Accounts

XM Fees and Commissions

XM has four primary sorts of accounts: Micro, Standard, Ultra Low, and Zero. The Standard account has no commissions and spreads that start at 1.0–1.6 pips. The Ultra Low and Zero accounts have tighter spreads, starting at 0.6 pips or even 0.0 pips, with commissions that average US$7 each round trip. Deposits and withdrawals are free, but there may be a minor internal fee for bank transfers under $200. XM levies a one-time maintenance fee of $15 after 12 months of inactivity, then $5 every month until the account is revived. XM is a great choice for traders throughout the world who want both flexibility and reliability. It has fast execution, a wide range of account kinds, and clear financing policies.

OPEN AN ACCOUNT NOW WITH XM AND GET YOUR BONUS

#13. FXTM

What is FXTM?

FXTM (ForexTime) is one of Taiwan's highest quality forex brokers since it has a good reputation with regulators, offers a variety of account kinds, and has service that is friendly to locals. FXTM has a good reputation around the world. It was established in 2011 and is regulated by the FCA (UK), CySEC (Cyprus), and FSCA (South Africa). Taiwanese traders choose FXTM because it has rapid execution rates, reasonable spreads, and copy trading options. This makes it a good alternative for both new and experienced investors who seek options and flexibility.

Advantages and Disadvantages of FXTM

Advantages	Disadvantages
Strong Multi-Jurisdiction Regulation Tight Spreads from 0.0 pips Copy Trading with FXTM Invest Multiple Account Types Available Local Payment Methods Supported	Inactivity Fee After 6 Months Withdrawal Fees on Some Methods Higher Minimums for ECN Accounts Smaller Product Range

FXTM Fees and Commissions

FXTM has different prices for different types of accounts. There are no commissions on the Micro and Advantage Plus accounts, and spreads usually start at 1.5 pips on EUR/USD. The Advantage account has raw spreads starting at 0.0 pips for traders who trade more often. Commissions range from $3.50 a lot per side, depending on how often you trade. Most of the time, deposits are free, however some ways to withdraw money may incur a fee from a third party. If you don't trade for six months, you'll have to pay a $5 inactivity fee every month.

OPEN AN ACCOUNT NOW WITH FXTM AND GET YOUR BONUS

#14. Eightcap

What is Eightcap?

Eightcap is a global FX and CFD broker that started in 2009 and is regulated by top-tier organizations including ASIC and FCA. Eightcap is most well-known for its connection to TradingView, which lets traders use powerful charting, scripting, and social trading tools right in their broker account. This, together with MT4 and MT5, makes Eightcap very appealing to traders who depend on powerful technical analysis workflows.

Advantages and Disadvantages of Eightcap

Advantages	Disadvantage
Low Spreads on Raw Accounts Diverse Assets Advanced Tools Regulated Platform Strong Crypto CFD Offering	Limited Research Few Promotions No Fixed Spreads Regional Restrictions

Eightcap Fees and Commissions

Eightcap has two sorts of accounts: Standard and Raw. There are no commissions on the Standard account, and spreads start at about 1.0 pip. The Raw account has tighter spreads (0.0–0.1 pip) and a commission of USD 3.50 per side per lot (USD 7 round trip). Eightcap doesn't charge you for deposits or withdrawals, but your bank or payment provider might. Most of Eightcap's businesses, don't levy inactivity fees. But be warned that the EU/CySEC entity does charge a €10/month inactivity fee after three months of inactivity. Overall, Eightcap is a good choice for technical traders because it has narrow spreads and low setup costs.

OPEN AN ACCOUNT NOW WITH EIGHTCAP AND GET YOUR BONUS

#15. BlackBull Markets

What is BlackBull Markets?

BlackBull Markets is a forex and CFD broker that started in 2014 and is based in New Zealand. The Financial Markets Authority (FMA) in New Zealand and the Financial Services Authority (FSA) in Seychelles keep an eye on it. People like this broker because it has an ultra-fast execution, an institutional-grade trading environment, and a huge choice of more than 26,000 instruments that can be traded on MT4, MT5, cTrader, and TradingView.

Advantages and Disadvantages of BlackBull Markets

Advantages	Disadvantages
Lightning-fast Execution Speeds Wide Range of Tradable Assets $0 Minimum Deposit for Standard Account Negative Balance Protection Multi-platform Support	$5 Withdrawal Fee on All Methods Standard Account Spreads Are Wider than Premium Options Premium Accounts Require High Minimum Deposits Limited Global Regulatory Coverage Inconsistent Customer Support Response

BlackBull Markets Fees and Commissions

BlackBull Markets offers a variety of ECN-style accounts to meet the needs of different types of traders. There is no minimum deposit for the Standard Account, and there is no commission. Spreads start at roughly 0.8 pips on big pairings like EUR/USD. With a minimum deposit of $2,000, the Prime Account has tighter spreads of about 0.1 pips and a $6 charge for each round-turn per lot. The Institutional Account is for professionals and costs $20,000 to start. It gives you access to raw spreads starting at 0.0 pips and a lower commission of $4 each round-turn. There are no costs for deposits, and there are no fees for inactivity. However, all withdrawals cost a flat $5, no matter how you do it or what currency you use. Costs from outside banks or payment processors may also apply.

OPEN AN ACCOUNT NOW WITH BLACKBULL MARKETS AND GET YOUR BONUS

#16. Moneta Markets

What is Moneta Markets?

Moneta Markets is a forex and CFD broker that is open to traders all over the world and is regulated in many places. It gives traders access to a wide range of markets. It stands out to traders in Taiwan because it is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Services Authority (FSA) in Seychelles, and ASIC in Australia through a corporate representative. This makes it more credible and trustworthy. AA-rated banks keep clients' money in separate accounts, and negative balance protection is standard.

Advantages and Disadvantages of Moneta Markets

Advantages	Disadvantages
Segregated Client Funds & AA-Rated Bank Custody Negative Balance Protection ECN-style Prime Account with Spreads from 0.0 pips Multi-Platform Support Low $50 Minimum Deposit	Regulatory Protections Vary by Region Limited Investor Compensation Schemes Direct STP Spreads Wider than Average Occasional Withdrawal Delays Reported Ultra-ECN Accounts Require High Deposit

Moneta Markets Fees and Commissions

Moneta Markets has two main categories of live accounts that are designed for different types of traders. You need to deposit at least $50 to open a Direct STP account. There are no commissions, and the spreads on liquid pairings like EUR/USD are usually between 1.0 and 1.5 pips. The Prime ECN account similarly has a $50 minimum and offers 0.0 pips raw spreads and a $3 commission per side per lot (or $6 round-turn). This account is good for traders who want to save money. There is also an Ultra ECN account, which has the tightest prices and demands a larger deposit, like $20,000. Moneta does not impose fees for deposits or withdrawals, however third-party fees may apply. Withdrawals normally take between 24 hours and 3 business days to process.

OPEN AN ACCOUNT NOW WITH MONETA MARKETS AND GET YOUR BONUS

#17. Axi

What is Axi?

Axi, which used to be called AxiTrader, is an Australian broker that started in 2007 and has since become a global brand that both retail and professional traders trust. It has a good reputation for having low trading costs, good platform compatibility (MT4/MT5), and easy account setup. Axi is also known for its copy trading options and complex trading tools like PsyQuation, which helps traders improve their methods by analyzing them.

Advantages and Disadvantages of Axi

Advantages	Disadvantage
Low Trading Costs Quick Digital Onboarding Supports Copy Trading Advanced Trading Tools	No Proprietary Platform Education Content Limited Narrow Product Range  Inconsistent Customer Support

Axi Fees and Commissions

Axi provides two simple account options: the Standard account, which has spreads of roughly 0.8–1.1 pips and doesn't charge a commission, and the Pro account, which has tight 0.0-pip spreads and a USD 7 round-trip commission each lot (USD 3.50 each way). There is no minimum deposit, thus most traders can use it. Axi doesn't impose fees for deposits or withdrawals, but your bank might. Just remember that there is a price for not doing anything. After 12 months of no trading, you will have to pay USD 10 per month.

OPEN AN ACCOUNT NOW WITH AXI AND GET YOUR BONUS

#18. IG Group 

What is IG Group?

IG Group is a well-known global broker with a long history (over 50 years) and a good reputation. It brings a sense of security that many traders appreciate. You’ll find it’s not just about forex, IG offers access to over 13,000 markets, including CFDs on forex, indices, shares, commodities, ETFs, and even options and futures in some regions . It also has a lot of tools for trading, like MetaTrader 4, ProRealTime, mobile apps, risk-management features like guaranteed stops, advanced charting, and even APIs for traders who know how to use them.

Advantages and Disadvantages of IG Group

Advantages	Disadvantage
Strong Regulation Established Reputation Wide Market Access Multiple Platforms Advanced Risk Tools	Higher Spreads No ECN Account Complex Platforms No Swap-Free Option Occasional Outages

IG Group Fees and Commissions

IG mostly uses a spread-only strategy for forex CFDs, so you won't have to pay extra fee on regular trades. Spreads on big pairings like EUR/USD normally start around 0.6 pips, which is competitive but not the narrowest in the market. IG has spreads as low as 0.1 pips for Direct Market Access (DMA) pricing, but it charges a commission of roughly US$60 for every million dollars traded. Most of the time, deposits and withdrawals are free, however some card transactions may have modest processing costs. If you trade or fund in a different currency, there is also a currency translation fee of about 0.8%. Extras like ProRealTime charting cost roughly £30 a month, but IG will give you your money back if you make at least four trades in a month. This makes it free for people who trade a lot.

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#19. OANDA 

What is OANDA?

OANDA is a well-known and trusted broker. It has been around since 1996. It is noted for being open, having low prices, and giving users a variety of platforms, including MetaTrader 4, MetaTrader 5, and TradingView. OANDA has a lot of currency pairs and CFDs that traders can choose from. It also has research tools and account options that are good for both new and experienced traders. It has always been one of the most reliable brokers in Taiwan since it focuses on trust, rules, and technology that is easy to use.

Advantages and Disadvantages of OANDA

Advantages	Disadvantage
Transparent Pricing Robust Platforms Educational Resources Strong Support Trusted Reputation	Customer Support Not 24/7 No Stock Trading Limited Product Range Beyond Forex Inactivity Fee Applies Higher Spreads on Some Pairs

OANDA Fees and Commissions

OANDA has two ways to pay: a spread-only model with EUR/USD spreads of roughly 0.8 to 1.0 pips, and a commission-based Core account with spreads of 0.0 pips and a cost of about US$50 for every million exchanged. You don't have to make a minimum deposit, so it's easy for beginners to use. However, if you don't trade for 12 months, you'll have to pay a $10 inactivity fee. OANDA doesn't charge anything for deposits and withdrawals, but banks or card issuers may charge their own fees for processing.

OPEN AN ACCOUNT NOW WITH OANDA AND GET YOUR BONUS

#20. Forex.com

What is Forex.com ?

Forex.com is a well-known forex and CFD broker that is part of the StoneX Group. It is regulated by several top-tier organizations, including as the FCA (UK), ASIC (Australia), CFTC/NFA (US), and others, which gives Taiwanese traders a lot of protection. Forex.com has a lot of credibility around the world and offers strong platforms and research tools. You can trade over 80 forex pairs, as well as indices, commodities, and shares.

Advantages and Disadvantages of Forex.com

Advantages	Disadvantage
Wide Asset Range Strong Multi-Jurisdictional Regulation Advanced Platforms Extensive Research and Educational Tools Negative Balance Protection	Higher Commission Costs Inactivity Fee Wider Spreads Less Competitive for High-Frequency

Forex.com Fees and Commissions

There are two main ways that Forex.com sets prices. The Standard (Spread-Only) Account doesn't incur any fees, and the spreads between EUR/USD are usually between 0.7 and 1.2 pips. The RAW/Commission Account has very tight spreads that start at 0.0–0.2 pips and a commission of $5–$7 each 100K round-turn, depending on where you are. Forex.com doesn't charge fees for internal deposits or regular withdrawals, but there is a £25 cost for same-day CHAPS withdrawals of less than £10,000. After 12 months of no trading activity, an inactivity fee of $15 per month will be charged, unless the balance is above specific levels.

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#21. RoboForex

What is RoboForex?

RoboForex is a global forex and CFD broker that was started in 2009 and is regulated by the IFSC in Belize. RoboForex is noted for having a low entry barrier (you only need to deposit US$10 to start) and for offering services like CopyFX, which lets you duplicate other traders' trades. This is great for novices. It works with more than 12,000 trading tools, such as forex, stocks, indices, ETFs, commodities, and cryptocurrencies, on a number of platforms, including MT4, MT5, cTrader, and R Trader.

Advantages and Disadvantages of RoboForex

Advantages	Disadvantages
Low Minimum Deposit Supports Copy Trading Wide Range of Assets Multiple Platforms No Deposit or Inactivity Fees	Withdrawal Fees on Some Methods Complex Range of Account Types Customer Support Can Be Slow

RoboForex Fees and Commissions

RoboForex makes it easy for both new and experienced traders to get started. There are no commissions on the Pro account, and the spreads are roughly 1.3 pips. The ECN and Prime accounts have raw spreads that are as low as 0.0–0.2 pips, and they charge $2 to $4 per side per lot (around $4 to $8 round trip). They pay for all deposits and most withdrawals, and some days they are even free. However, your bank may still charge you. The best part? RoboForex doesn't charge you for not using your account, even if it stays silent for a long time.

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#22. Deriv

What is Deriv?

Deriv is a multi-asset broker that is growing quickly and is regulated in many places. It gives traders in Taiwan access to both traditional and synthetic markets. It offers a large range of instruments, including forex, equities, indices, crypto, ETFs, and synthetic indices, on platforms including MT5, cTrader, and its own terminals. The prices are very competitive, and the minimum deposit is only $5.

Advantages and Disadvantages of Deriv

Advantages	Disadvantage
Low minimum deposit Wide range of tradable assets Availability of advanced trading tools Access to a demo account Responsive customer support	Limited educational resources No support for MetaTrader platforms Potential withdrawal delays Limited asset variety

Deriv Fees and Commissions

Deriv lets you trade CFDs without paying a fee, and spreads on major forex pairs start at 0.0 pips. The broker doesn't charge any fees for deposits or withdrawals inside the company, however there may be costs from banks or payment providers outside of the company. If an account is idle for 12 months, it will be charged a $25 dormancy fee. After that, it will be levied every six months until trading starts again. Deriv is a good choice for beginner traders in Taiwan because it has a low minimum deposit of $5 and keeps fees clear and simple.

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#23. Interactive Brokers

What is Interactive Brokers?

Interactive Brokers is a leading global broker known for its wide range of investment products and advanced trading tools, making it one of the best brokers. Established in 1978, it offers access to over 150 global markets and provides robust platforms like Trader Workstation (TWS), which caters to both professional and retail traders. Interactive Brokers is heavily regulated, ensuring a secure and transparent trading environment. Its competitive pricing, extensive market access, and reputation for innovation make it a top choice for serious investors in Taiwan.

Advantages and Disadvantages of Interactive Brokers

Advantages	Disadvantage
Regulated by top-tier authorities Access to global markets and diverse instruments Advanced trading platforms like Trader Workstation (TWS) Extensive research tools	High inactivity fee Complex pricing structure

Interactive Brokers Fees and Commissions

When trading with Interactive Brokers, traders benefit from low commissions and tight spreads. For forex trading, commissions range from $16 to $40 per million round turn, depending on the trading volume, while spreads on major currency pairs like EUR/USD start at 0.63 pips. The broker offers various account types with no minimum deposit, and active traders can enjoy discounted rates as trading volume increases. Additionally, there are no deposit fees and the first withdrawal each month is free, with subsequent withdrawals incurring a small fee. Interactive Brokers is ideal for traders seeking advanced tools, deep liquidity, and transparent pricing.

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#24. Admirals (Admiral Markets)

What is Admirals (Admiral Markets)?

Admirals, which used to be called Admiral Markets, is a global FX and CFD broker that started in 2003 and is based in Estonia. The Nasdaq Nordic Exchange lists it, and top-tier organizations like the FCA (UK), ASIC (Australia), and CySEC (Cyprus) keep an eye on it. Admirals gives traders in Taiwan a safe and up-to-date trading experience. They can use a wide choice of tools and innovative platforms like MT4, MT5, Supreme Edition, and Invest.MT5.

Advantages and Disadvantages of Admirals (Admiral Markets)

Advantages	Disadvantages
Strong Tier-1 Global Regulation Negative Balance Protection Available Tight Spreads & Low Fees Wide Range of Trading Platforms	Currency Conversion Fee Inactivity Fee Withdrawal Fees Beyond Free Limit Higher Minimum Deposit Requirements

Admirals (Admiral Markets) Fees and Commissions

Admirals lets you choose between accounts that merely have spreads and accounts that charge a commission. The Standard Trade account has spreads that start at 0.5 pips, and the Zero account has spreads that start at 0.0 pips and a fee. Traders can make two free withdrawals each month, but they will have to pay fees for any more withdrawals. If you haven't traded in 24 months and your account has a positive balance, you'll have to pay a €10 inactivity fee every month. When you trade in non-base currencies, the fee for converting them is roughly 0.3%. Negative balance protection is only accessible to retail clients in certain areas.

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#25. Swissquote

What is Swissquote?

Swissquote is a one-of-a-kind broker  because it is both a trading platform and a fully licensed bank. It was founded in Switzerland in 1996 It has a lot of different assets, including forex, indices, equities, ETFs, commodities, and even cryptocurrencies. Taiwan traders like it because it has bank-level security and professional-grade trading tools. This makes it especially appealing to serious investors who want both safety and variety in one place.

Advantages and Disadvantages of Swissquote

Advantages	Disadvantage
Bank-Level Security MAS Regulation Wide Product Range Global Reputation Advanced Trading Tools	High Minimum Deposit Higher Forex Spreads Equity Commissions Apply Complex Pricing Tiers Less Beginner-Friendly

Swissquote Fees and Commissions

The minimum deposit for a Swissquote Standard account is $1,000, which is more than what many other low-cost brokers ask. For Standard accounts, Forex spreads start at roughly 1.7 pips on EUR/USD and can get as low as 1.4 pips for Premium tiers. There are commissions on stocks, such USD 0.03 per share for US stocks. Most of the time, deposits and digital withdrawals are free, although international bank transfers may cost more. The cost is clear, but the tiered structure can be hard for newcomers to understand.

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Forex Regulations in Taiwan for 2025

Forex trading in Taiwan is tightly regulated to ensure market transparency and protect traders. The Financial Supervisory Commission (FSC) is the primary authority overseeing financial markets, including forex trading. It ensures that brokers operating in Taiwan follow strict guidelines, contributing to a stable financial system. Additionally, the Central Bank of the Republic of China (Taiwan) also plays a role in managing currency-related policies and overseeing foreign exchange reserves.

Choosing a regulated broker is crucial for Taiwanese traders as it offers investor protection and ensures the security of funds. Regulated brokers are required to adhere to rules that protect clients from fraudulent activities and ensure that their funds are held in segregated accounts, separate from the broker's own operational funds.

In 2025, Taiwan has continued to enhance its regulatory framework, focusing on increasing market transparency and ensuring that brokers maintain high operational standards. This includes tighter scrutiny over capital flows and limiting leverage to 30:1 for retail traders, in line with global standards. These measures aim to reduce risks associated with high leverage while maintaining a secure trading environment​.

How to Choose the Best Forex Broker for Your Needs

Assessing Your Trading Style

First, consider your trading strategy. Are you a day trader, swing trader, or more of a long-term investor? If you're a day trader, you'll want a broker with low spreads and fast execution speeds. Meanwhile, swing traders may prioritize access to a wide range of currency pairs and advanced tools for market analysis. If you're investing long-term, a more comprehensive stock trading platform could be a better fit for your needs. Understanding your trading style will help you narrow down the forex brokers in Taiwan that align with your strategy.

Budget Considerations

Your budget plays a big role when choosing a broker. Fees and spreads can significantly affect your profitability, particularly if you're working with a smaller account. Many online brokers charge commissions on trades or make money through spreads. If you’re just starting out with a smaller budget, it’s important to find brokers with low fees and spreads. Conversely, if you’re an experienced trader with a larger account, it might be worth paying slightly higher fees for better services and tools.

Platform Usability

The usability of the online trading platforms offered by brokers is key. Some platforms are very user-friendly and great for beginners, while others are better suited for experienced traders who require advanced tools. Make sure the stock trading platform or foreign exchange market platform you choose matches your level of tech-savviness. Many brokers offer a demo account so you can try out the platform before committing.

Security and Transparency

Security and transparency should be top priorities when selecting a broker. Make sure your broker is regulated by a reputable financial authority. For example, forex trading is legal in Taiwan, but it’s critical to only trade with regulated brokers in Taiwan who are overseen by authorities like the Financial Supervisory Commission (FSC). This ensures that your retail investor accounts are protected, and your funds are stored securely. Transparency about fees and spreads is also a sign of a trustworthy broker.

Conclusion

The 5 best forex brokers in Taiwan for 2025 offer a combination of reliable regulation, user-friendly platforms, competitive fees, and strong customer support. Whether you’re a beginner looking for simple, accessible trading tools or an experienced trader needing advanced features and low spreads, these brokers provide excellent options for navigating the taiwanese forex market. It’s important to choose a broker that aligns with your trading strategy, ensures fund security, and offers transparent pricing. By choosing from these top brokers, Taiwanese traders can confidently engage in the foreign exchange market with the right tools and protections in place.

Also Read: The 10 Best ECN Brokers in 2025: Your Ultimate Guide to Trading Success

FAQs

Is Forex Trading Legal in Taiwan?

Yes, forex trading is legal in Taiwan and regulated by the Financial Supervisory Commission (FSC), which ensures a transparent and secure trading environment. Both local and international brokers can operate in Taiwan, provided they meet the regulatory requirements. However, it is important for traders to choose a regulated broker to ensure protection of their funds and compliance with Taiwan’s financial laws​.

What Are the Top Features to Consider When Choosing a Broker?

When choosing a broker, there are several key features to consider. Look for regulation and security to ensure your funds are safe. The trading platform should be user-friendly and offer the tools you need for your specific trading strategy, whether you're a beginner or an experienced trader. Also, check the fees and spreads, as high costs can eat into your profits, especially for frequent traders. Lastly, ensure the broker offers customer support that’s accessible when needed and provides a demo account for practice​.

How Much Capital Do I Need to Start Forex Trading?

The amount of capital needed to start forex trading can vary depending on the broker and your trading style. Some brokers allow you to open an account with as little as $100, while others may require more. It’s generally recommended to start with a capital that you can afford to lose, as forex trading carries risk. Having enough capital allows you to manage trades effectively and avoid being stopped out prematurely due to lack of margin​.