2025 Taiwan Forex Exchange Selected Rankings: A Comparison Guide of the Seven Major Safe Brokers

Looking to find a reliable partner in the foreign exchange market? Choosing the right Taiwan forex broker is no easy task. This article provides a comprehensive overview of seven prominent Taiwan forex brokers in 2025 through market research and in-depth analysis, covering core factors such as regulatory qualifications, trading assets, leverage ratios, and deposit/withdrawal convenience, helping you quickly identify the platform that best suits your investment style.

Things to Know Before Opening an Account: How to Classify Forex Brokers

Before diving into specific platforms, it’s crucial to understand how forex brokers operate.

Dealing Desk (DD) / Market Maker: Acts as the counterparty to traders, earning spreads through fixed bid/ask quotes. These brokers keep some orders in internal liquidity pools, enabling quick execution, but traders must trust the platform fully.

No Dealing Desk (NDD): Sends orders directly to the market, divided into STP (Straight Through Processing, quotes from multiple liquidity providers with markup) and ECN (Electronic Communication Network, no markup but charges commissions). Under this model, traders see real-time quotes from global banks.

2025 Taiwan Forex Broker Rankings Comparison Table

Detailed Analysis of the Seven Major Brokers

Yuanta Futures: Taiwan’s Local Regulated Powerhouse

As the first futures broker licensed for leverage trading in Taiwan in 2017, Yuanta Futures is highly trusted. The platform supports MetaTrader 5, offering 35 forex pairs, with special spreads of 0 on forex, precious metals, and crude oil. For indices and stocks abroad, fees are 0.01% and 0.1%, respectively.

Core Advantages: Direct regulation by Taiwan’s Securities and Futures Bureau ensures maximum fund safety. Minimum trading size is 0.01 lots, with trading hours covering the full workweek (GMT+8).

Suitable For: Conservative investors seeking local regulation protection and TWD deposit/withdrawal needs.

Mitrade: Rising Star in Asia

Founded in Australia, Mitrade has millions of users worldwide. In 2022, awarded Asia’s Best Forex Broker, and in 2023, Best Mobile Trading Platform among other honors. Its self-developed trading platform is simple and user-friendly, ideal for beginners. A key innovation is offering negative balance protection—losses never exceed the principal under any market condition.

Core Advantages: Supports TWD deposits/withdrawals, 24-hour Chinese customer service, zero commission mode, trading with as little as $50 USD. Flexible leverage up to 200x. New users receive a $50,000 USD demo account.

Suitable For: Small investors, beginners, and local investors requiring convenient TWD deposit/withdrawal.

KGI Leverage Broker: Recognized by Taiwan FSC

Regulated by Taiwan FSC, the Central Bank, and OTC Center, KGI Futures’ leverage broker offers 12 forex pairs and various commodities. The Nano Trading King platform provides floating spreads and overnight fees, with overseas indices charged an additional 0.01%-0.50% fee, minimum $5 USD per trade.

Core Advantages: Local regulation, strong fund protection, broad product coverage. Leverage of 20-30x meets most retail trading needs.

Suitable For: Investors preferring Taiwan regulation and diverse trading instruments.

Far Eastern Bank Forex: Traditional Banking Solution

Far Eastern International Bank is Taiwan’s commercial bank representative, with 56 branches. Offers 15 forex pairs with margin trading, fixed 20x leverage, and 5 pip spreads on major currency pairs. Account opening requires $10,000 USD, and trading costs are about 2-3 times higher than overseas brokers.

Core Advantages: High bank credibility, convenient offline account opening, strict risk control.

Suitable For: Those inclined toward traditional banks, larger capital, and clients with low account opening requirements.

IG: Global Market Leader

Founded in London in 1974, IG is the most experienced forex broker and a constituent of the FTSE 250. With offices in 17 countries, offering thousands of financial market opportunities. Its proprietary platform and app are powerful, with leverage up to 200x.

Core Advantages: Long history, high brand recognition, widest market coverage (100+ forex pairs), comprehensive regulation (ASIC). Spreads on popular currency pairs as low as 0.6.

Note: Inactive accounts for 2 years incur an $18 AUD monthly fee; minimum withdrawal amounts vary by currency.

Suitable For: Advanced traders seeking platform stability, brand trust, and long-term holding.

IC Markets: Extreme Leverage Provider

Founded in Sydney, Australia in 2010, ECN platform offering up to 1000x leverage (use cautiously). Over 61 assets including forex, stocks, cryptocurrencies, oil, and bonds. Uses floating spreads plus low commissions, supporting USD, EUR, and other currencies.

Core Advantages: Highest leverage flexibility, transparent ECN execution, comprehensive multi-asset ecosystem, low $200 USD minimum deposit.

Suitable For: Experienced professional traders seeking maximum leverage and transparent spreads.

CMC Markets: Derivatives Giant

Listed on the London Stock Exchange, regulated by FCA, ASIC, FMA, among others. Offers nearly 12,000 CFD products including indices, stocks, forex, bonds. Highly customizable platform with up to 500x leverage.

Core Advantages: Most extensive derivatives selection, highest platform customization, multiple global regulatory branches.

Note: Only accepts international bank wire deposits; dormant accounts for over a year incur a $15 USD monthly fee; spreads vary by instrument (AUD/USD from 0.7 pips).

Suitable For: Professional institutional investors with diverse trading needs and a focus on platform customization.

Four Core Considerations for Beginners Choosing a Forex Broker

1. Regulation and Security: Prioritize platforms regulated by authoritative agencies like ASIC (Australia), FSB (Taiwan), FCA (UK). Verify license numbers on official websites and confirm with regulators. Unregulated platforms carry high risks.

2. Transparency of Trading Costs: Look beyond spreads—consider hidden fees such as withdrawal charges, account inactivity fees, overnight rollover costs. When calculating true trading costs, include all expenses.

3. Deposit/Withdrawal Convenience: Confirm supported deposit methods (credit card, wire transfer, e-wallet) and withdrawal times. For Taiwanese investors, platforms supporting TWD deposits/withdrawals and local bank transfers without fees are advantageous.

4. Customer Support Quality: Test response speed and language support. Immediate assistance during volatile market conditions can significantly impact trading outcomes.

Example of Forex Broker Account Opening Process

Taking Mitrade as an example, the entire process is completed in three steps:

Step 1 - Register an Account: Fill in basic personal information (name, email, phone) on the official website and submit. After email verification, the account is activated.

Step 2 - Deposit Funds: Supports multiple quick deposit methods—Skrill, Poli, Visa, Mastercard, bank transfer. The minimum deposit is $50 USD to start trading. New users automatically receive a demo account with $50,000 USD virtual funds.

Step 3 - Start Trading: Access the trading interface to quickly place orders on popular instruments like EUR/USD, gold, oil, cryptocurrencies, and global stock indices.

The entire process takes less than 15 minutes, fully online, with no need to submit cumbersome documents.

How Forex Brokers Make Profits: An In-Depth Look at Operating Models

Market Maker (DD) Profit Model: When traders place orders, the broker first finds a counterparty within its internal liquidity pool. If no matching order exists, the broker acts as the counterparty. If the trader profits, the broker loses, and vice versa. This reverse betting model is legal (permitted by regulators), but traders should choose brokers with international proper licenses to avoid mismanagement risks.

No Dealing Desk (NDD) Profit Model: STP brokers receive quotes from multiple liquidity providers with markups as commissions; ECN brokers do not alter quotes but charge fixed commissions. These brokers’ profits are independent of traders’ wins or losses, often encouraging high-frequency trading to increase volume. Regardless of profit or loss, brokers earn through spreads or commissions.

Most modern forex brokers adopt a hybrid model, combining both advantages to maximize revenue and reduce risk. However, regardless of the model, they must hold international financial licenses to operate legally.

Frequently Asked Questions

Q: What are the advantages of regulated forex brokers over unregulated platforms?

A: Regulated brokers must comply with strict standards and fund segregation requirements set by authorities like ASIC, FSB, FCA, ensuring legal protection of traders’ capital. If dissatisfied or scammed, traders can file complaints with regulators and seek compensation. Unregulated platforms lack such protections and pose high scam risks.

Q: How to verify the authenticity of a broker’s regulation?

A: Regulated brokers display license numbers, regulator names, and verification methods on their official websites under sections like “About Us” or “Regulatory Info.” Traders should copy the license number and verify it directly on the regulator’s official website. If a broker cannot provide full regulation info or refuses verification, it’s a red flag.

Q: What are the differences between Taiwan forex brokers and overseas platforms?

A: Local Taiwan brokers (Yuanta Futures, KGI, Far Eastern Bank) are regulated by Taiwan FSC, offering maximum fund safety and TWD deposit/withdrawal support, but with more limited trading instruments and leverage. Overseas brokers (Mitrade, IG, IC Markets) are regulated by various authorities, offer richer trading options and more flexible leverage, but require more documentation and have more complex deposit/withdrawal procedures. Beginners may start with Taiwan brokers for a solid foundation, then explore overseas platforms for advanced trading.

Q: Is forex trading legal?

A: Forex trading is fully legal in Taiwan and globally. As long as traders choose licensed brokers, comply with local tax regulations, and avoid illegal arbitrage or money laundering activities, participation is safe. Be cautious of unlicensed platforms and illegal stock recommendation schemes.

The Taiwan forex market in 2025 features a coexistence of local regulated platforms and top international brokers. Whether you are a conservative investor seeking local fund safety or an advanced trader pursuing diverse instruments and flexible leverage, the market offers suitable options. The key is to evaluate based on your risk tolerance, trading experience, and capital size across three dimensions: regulation, trading costs, and platform experience, to ultimately select the best partner.