2025 Taiwan Forex Trading Platform Overview: In-Depth Comparison Guide of 7 Major Licensed Brokers

Opening foreign exchange investments starts with choosing the right platform—half the success is in the selection. Faced with a dizzying array of forex trading platforms, many novice investors often fall into a dilemma—which one should I choose? This article provides a detailed overview of 7 compliant forex brokers operating in the Taiwanese market in 2025, helping you quickly filter out trading partners that meet your needs.

Comparison Table of 7 Compliant Forex Brokers in Taiwan

Note: Data as of 2025; specific trading details are subject to each platform’s official website.

Detailed Platform Analysis

Yuanta Futures – Taiwan’s Local Regulatory Choice

As the first futures broker in Taiwan licensed for leveraged trading (2017), Yuanta Futures enjoys high recognition among local investors. The platform offers MetaTrader 5, covering 35 forex pairs, with 0 spread on forex and precious metals.

Key Advantages

• Direct regulation by Taiwan’s Financial Supervisory Commission Securities and Futures Bureau (FSB)
• Transparent costs, no hidden fees
• Minimum trading unit of 0.01 lot, suitable for small trades
• Trading hours: Monday to Friday, GMT+8 05:05–next day 05:00

Suitable for: Investors preferring local regulation and transparent costs

Mitrade – Asia’s Rising Platform

Founded in Australia, Mitrade has rapidly gained popularity, winning awards like “Asia’s Best Forex Broker 2022” and “Asia’s Best Mobile Trading Platform 2023,” attracting millions worldwide. Its self-developed trading platform is simple to operate, ideal for beginners.

Key Advantages

• Supports direct TWD deposits and withdrawals, avoiding currency exchange hassle
• Very low account opening threshold (trade with just $50 USD)
• Negative balance protection, losses cannot exceed principal
• 24/7 Chinese customer support
• Free demo account with $50,000 simulated funds

Trading Features

• 0 commission, low spread mode
• Flexible leverage (1x-200x)
• 24-hour trading
• 59 forex pairs covering major currencies

Suitable for: Limited capital, preference for convenient TWD deposits/withdrawals, need for solid risk control

KGI Leverage Trading – Taiwan’s Regulatory System

Regulated by FSC and CB, KGI Leverage Trading operates via the “Nano Trading King” platform. Although it offers only 12 forex pairs, its local regulation provides compliance advantages.

Cost Structure

• Floating spread + overnight fee
• Overseas indices incur additional 0.01%-0.50% fee
• Some products have a minimum fee of $5 USD per trade
• 24/7 trading support

Suitable for: Conservative investors valuing local regulation and lower trading frequency

Far Eastern Bank Forex – Traditional Banking Option

As a commercial bank in Taiwan, Far Eastern Bank offers forex margin trading with bank-backed credibility. However, the $10,000 USD account opening minimum is significantly higher than overseas platforms (about 2-3 times).

Trading Features

• Fixed 20x leverage
• Major currency pairs from 5 pip spreads
• No commission, overnight fees apply
• 56 branches for offline service

Suitable for: Well-funded investors preferring traditional banking experience

IG – International Veteran Broker

Founded in London in 1974, IG is a seasoned player in forex trading. Listed on the London Stock Exchange, with offices in 17 countries, offering over a thousand trading instruments.

Platform Features

• ASIC regulated, high credibility
• Up to 200x leverage
• Major currency pairs from 0.6 pip spreads
• Proprietary app and web platform
• Continuous trading from Monday 04:00 to Saturday 05:00

Cost Considerations

• No account opening fee
• Withdrawal fee: minimum $150 USD or HKD 1250
• Dormant account fee of AUD 18/month after 2 years of inactivity

Suitable for: Advanced traders seeking a large international platform with diverse instruments

IC Markets – Ultra-High Leverage Platform

Founded in Australia in 2007, IC Markets is an ECN forex broker known for extremely high leverage (up to 1000x) and 61+ tradable assets.

Highlights

• ASIC regulated
• Very low floating spreads
• ECN direct market access, high transparency
• Accepts USD, EUR, and other currencies
• Trading hours: server time 00:01–23:59 daily (closes at 23:57 on Fridays)

Cost Structure

• Floating spread + low commission
• Minimum deposit of $200 USD

Suitable for: Professional short-term traders, high-frequency traders seeking transparent execution

CMC Markets – Multi-Asset Platform

Listed on the London Stock Exchange, CMC Markets is regulated by FCA, ASIC, FMA, etc. Offering nearly 12,000 CFD products, it provides the broadest asset coverage.

Platform Advantages

• Customizable trading interface
• Powerful analysis tools
• Covers stocks, indices, forex, bonds

Cost Structure

• Spreads vary by currency pair (AUD/USD, EUR/USD from 0.7 pips; GBP/USD, EUR/GBP from 0.9 pips)
• Charges commissions and holding costs
• $15 USD monthly inactivity fee after 1 year
• Only bank wire transfer deposits accepted

Trading Hours: 24 hours from Sunday evening to Friday evening

Suitable for: Investors with diverse asset allocation needs and multi-market trading interests

Core Considerations When Choosing a Forex Trading Platform

Investors should evaluate based on the following dimensions:

1. Transparency of trading costs

Beyond surface-level commissions and spreads, watch for hidden fees—withdrawal charges, inactivity fees, overnight fees, etc. Some platforms claim “0 commission,” but hidden costs may offset benefits.

2. Regulatory credentials

Ensure the platform holds an authoritative license (e.g., ASIC, FCA). Verify license authenticity via the regulator’s official website. Regulated platforms offer dispute resolution channels.

3. Fund security mechanisms

Understand policies on fund segregation, negative balance protection, investor compensation schemes. Quality platforms typically keep client funds in segregated accounts.

4. Ease of deposits and withdrawals

For Taiwanese investors, TWD support significantly reduces currency exchange costs. Also consider payment options, withdrawal approval speed, and minimum withdrawal amounts.

5. Variety of tradable assets

Check if the platform covers your preferred instruments. Smaller platforms may offer only 10+ currency pairs; larger ones can provide 100+.

6. Customer service quality

Prioritize platforms offering Chinese support and sufficient coverage hours. Professional support is crucial when encountering issues during trading.

Three-Step Quick Account Opening Process

Using Mitrade as an example, the full account setup is straightforward:

Step 1: Register Fill in basic personal info and submit online—no need to mail physical documents.

Step 2: Deposit Funds Use Skrill, Poli, Visa, Mastercard, or bank transfer to fund your account. Once funded, trading rights are enabled immediately.

Step 3: Start Trading Download the app or log in via web, and place orders on popular instruments like EUR/USD, gold, oil, cryptocurrencies, and global indices.

Frequently Asked Questions

Why must I choose a regulated forex platform?

Authorized platforms regulated by authorities follow strict standards, protecting investor rights. In case of disputes or fraud, you can file complaints with regulators. Unlicensed platforms lack recourse, increasing risk.

How to verify a platform’s regulatory status?

Legitimate platforms clearly display regulation info on their website, including regulator name, license number, official links, and verification methods. You can verify license numbers on regulator websites. If a platform cannot provide clear regulation info or refuses to answer, be cautious.

How do forex brokers make money?

Market Maker (Dealing Desk): The broker takes the opposite side of your trade, profiting from the spread. When you profit, the broker loses, creating potential conflicts of interest.

STP/ECN (No Dealing Desk): Orders are sent directly to the market, earning through commissions or spreads. Profits are aligned with traders, offering more transparency. ECN platforms are typical examples of this model.

Summary

In 2025, Taiwanese investors have diverse forex platform options: local regulated brokers (Yuanta, KGI, Far Eastern) offering familiar compliance; international giants (IG, CMC Markets) with extensive assets and tools; emerging platforms (Mitrade) attracting beginners with convenience and user-friendly experience.

Regardless of choice, key principles remain: verify regulation, compare trading costs, assess deposit/withdrawal ease, and evaluate customer support. With this comparison guide, you can confidently select the most suitable forex platform and embark on a professional investment journey.

Note: The information provided is for reference only. Before investing, please research each platform’s latest policies and understand the risks involved.