2025 Taiwan Securities Brokerage Firm Ranking Complete Guide — Fees, Services, and Selection Analysis

Why is choosing the right securities broker so important?

In Taiwan, trading stocks, bonds, or options must be done through a securities company account. However, there are many companies on the market, each with different fee discounts, software experiences, and financing terms. Choosing the wrong broker may cost you twice as much; selecting the right one can save you a lot on trading costs. This article will start from actual needs to help you quickly filter out the most suitable securities brokers in Taiwan.

What key indicators should you look at when choosing a securities broker?

Before opening an account, there are several key points to compare:

1. Fee discounts — the cost difference can be astonishing

The official fee is 0.1425% (charged on both buy and sell), with a minimum of NT$20. Transaction tax is only paid when selling, at 0.3%, and cannot be discounted.

It seems that the fee is fixed, but in reality, most brokers offer discounts. For example, in a case of buying 5 lots of TSMC and selling 5 lots:

• Purchase amount NT$2.15 million, at 60% discount fee NT$1,838
• Sale amount NT$2.25 million, at 60% discount fee NT$1,924
• Plus transaction tax NT$6,750, total trading cost about NT$10,512

For the same transaction, if the discount drops from 60% to 40%, the fee will increase by over NT$1,000. Therefore, discount differences are indeed a key factor in choosing a broker, but low fees should not be the only consideration.

2. Trading software experience — usability directly affects trading efficiency

Each broker provides free trading tools. For example, Yuanta’s “Investment Master,” KGI’s “Mobile eStrategy,” etc., with features covering real-time quotes, technical analysis, account management. Software stability, order speed, and interface intuitiveness directly impact your trading experience. It’s recommended to download and try them before opening an account to get a feel for the operation logic.

3. Source of securities and financing interest — affects investment flexibility

Larger securities firms usually offer more abundant securities sources (stocks available for borrowing), which is important for investors interested in margin trading or short selling. Meanwhile, financing interest rates are usually between 6%–7%, with large brokers often offering more favorable rates.

If you frequently need margin financing and short selling, larger brokers will be more cost-effective.

Top 10 securities brokers in Taiwan in 2025

Based on the total transaction volume market share in 2024, here is the ranking of major local brokers in Taiwan:

Source: Taiwan Stock Exchange 2024 Annual Statistics

Actual comparison of fee discounts — which is the most cost-effective?

Different brokers have varying discount strategies. Here are the main online order discounts offered by each:

E.SUN Securities offers the lowest fee discount (20%), applicable for monthly trading amounts under NT$1 million, especially attractive for high-volume traders.

KGI Securities offers new customers 25% off, and existing customers 60%, making their trading conditions relatively friendly.

Uni-President Securities uses a tiered system: within NT$100,000 at 25% off, NT$100,000–NT$500,000 at 20%, over NT$500,000 at 16.8%, suitable for investors with larger trading amounts.

Cathay Securities’s 28% discount is also competitive, and they offer daily refund mechanisms for faster capital flow.

The key point is that these discounts can often be negotiated with the broker’s agents. If your trading volume and capital are large, there’s definitely room to negotiate better discounts.

Advantages and disadvantages of choosing a local Taiwanese broker

Advantages:

• Large scale, stable systems, comprehensive customer service
• Relatively low transaction fees for Taiwan stocks
• Localized services, no worries about time zone differences

Disadvantages:

• For overseas stocks, often use “sub-accounts,” which usually incur higher costs
• Limited selection of overseas products due to sub-account mechanisms

Want to invest in overseas markets? Know about international-level securities brokers

If your main investments are US stocks, Hong Kong stocks, etc., trading through local brokers via sub-accounts may be more expensive. Here are three popular international brokers in Taiwan:

Mitrade——Low threshold, suitable for leveraged trading

A platform specializing in global asset CFDs(CFD), regulated by ASIC in Australia. Trade US stocks, Hong Kong stocks, indices, forex, commodities, cryptocurrencies, etc. Supports 1~200x leverage, with both long and short trading.

Features:

• Very low deposit requirement, only NT$1,500(about US$50)
• Zero commission, main cost is spread
• Supports TWD deposits and withdrawals, with free withdrawals monthly
• 24-hour Taiwanese customer service
• Free demo account for risk-free practice

Suitable for: Idle small capital, leverage enthusiasts, day traders

InteractiveBrokers(——The first choice for large capital investors

Founded in 1977, a well-known international broker. Offers US, UK, German, Japanese, Korean stocks, and a wide range of financial products including bonds, funds, ETFs, futures, forex. Commission cap at 1%, trading fee as low as $0.005 per share.

Features:

• No minimum deposit
• Fee structure friendly for large investments
• Extensive product range, one-stop global investing
• Chinese customer service available

Note: Margin accounts require maintaining over US$2,000

Suitable for: Investors with ample funds seeking diversified assets

) Firstrade——A beginner-friendly US stock trading platform

A US online broker regulated by FINRA and SIPC. Offers commission-free trading of US stocks, ETFs, mutual funds, options. Its simple and intuitive interface is especially popular among Taiwanese investors.

Features:

• Zero commission trading (stocks, ETFs, options)
• Easy-to-use interface, beginner friendly
• Provides loss protection for unauthorized trades

Note: Withdrawal fee is relatively high (US$25 per withdrawal), so it’s recommended to minimize withdrawal frequency.

Suitable for: Long-term dividend stock and ETF investors, small investors wanting low-cost US investments

Quick comparison of three overseas brokers

How to open an account with an overseas broker?

Step 1: Online registration
Using Mitrade as an example, just fill in your email, set a password, choose the main currency, and you immediately get a demo account for practice.

Step 2: Complete identity verification and deposit
After passing KYC verification, you can deposit via Skrill, credit card)Visa/Master(, wire transfer, etc. Mitrade supports direct TWD deposits and withdrawals, no currency exchange needed.

Step 3: Search for products and start trading
Log into the trading interface, enter the stock name or code in the search bar, and start trading.

Summary: How to choose the most suitable securities broker for you

For retail investors trading Taiwan stocks:
Prioritize large brokers like Yuanta, KGI, Fubon, which have high market share, competitive fee discounts, and stable systems. Focus on comparing fee discounts, software experience, and securities sources.

For margin trading needs:
Choose large brokers with low financing interest rates, such as E.SUN, Cathay, Yuanta, to enjoy better borrowing rates.

For overseas market investors:
If mainly trading US or Hong Kong stocks, using overseas brokers directly is cheaper. Mitrade suits small capital and leverage traders; InteractiveBrokers is ideal for large funds; Firstrade is good for long-term dividend stock investors.

There is no absolute “best” broker; it’s about finding the one that best fits your investment needs, trading habits, and capital scale. It’s recommended to compare several before opening an account, try out the software, and inquire about discounts to find the most cost-effective and convenient trading partner.