2025 Taiwan Forex Broker Panorama: In-Depth Benchmarking of 7 Major Regulatory Platforms

The first step to Forex trading is choosing the right broker, but the market is filled with a variety of Forex brokers—so which ones are trustworthy? This article summarizes the mainstream Forex brokers in Taiwan in 2025 to help you quickly identify the most suitable trading partner.

What is the essence of a Forex broker?

A Forex broker essentially acts as a bridge connecting retail traders to the 24-hour global currency market. Just like stocks require a broker, individual investors need a Forex broker platform to access the market.

Unlike traditional banks that only offer a few mainstream currency exchanges, Forex brokers open up trading opportunities for over 100 currency pairs, allowing traders to choose flexibly. Some non-mainstream currency pairs can sometimes experience significant volatility, which short-term traders seek.

Forex brokers are divided into two categories with completely different operating logic

Market Maker (Dealing Desk, DD)

This type of Forex broker acts as your counterparty. When you decide to buy, they sell; when you sell, they buy. The platform profits from the bid-ask spread and commissions.

In this mode, traders’ orders are usually not directly sent to the market but are kept within the platform. Choosing this type of broker requires caution, ensuring they hold authoritative financial licenses and have good reputation.

No Dealing Desk (NDD)

Including STP and ECN subcategories. These brokers do not act as counterparties but send orders directly to the Forex market or liquidity providers for matching. The prices you see are real-time quotes from global banks, and the quote at order placement is the final transaction price.

In this mode, brokers prefer frequent trading; whether you profit or lose, the platform earns from spreads or commissions based on trading volume.

Mainstream Taiwanese Forex brokers in 2025 fully benchmarked

1. Yuanta Futures｜Taiwan Local Official

Yuanta Futures became Taiwan’s first futures broker licensed for leverage trading in 2017, regulated by the Financial Supervisory Commission Securities and Futures Bureau (FSB).

Core features:

• Leverage range: 20-30x for general clients, higher for professional clients upon application
• Trading instruments: 35+ Forex pairs, stocks, indices, precious metals, crude oil, etc.
• Fee structure: 0 spread for Forex and precious metals; indices and stocks incur 0.01%-0.1% handling fee; no overnight fee
• Minimum trading unit: starting from 0.01 lot
• Deposit/Withdrawal: USD deposits/withdrawals, using designated banks with no handling fee

Suitable for: Taiwan-based investors with certain capital seeking low-cost trading

2. Mitrade｜Beginner-Friendly Forex Broker

Mitrade was established in Australia, regulated by ASIC, with over a million users worldwide, winning awards like Best Forex Broker in Asia 2022 and Best Mobile Trading Platform 2023.

Core features:

• Flexible leverage: 1-200x
• Low minimum deposit: USD 50 to start trading
• Supports TWD deposits/withdrawals, localized service
• Trading instruments: 59+ Forex pairs, stocks, cryptocurrencies, indices, metals
• Transparent fees: 0 commissions, floating spreads, free monthly withdrawals
• Risk management: Negative balance protection, losses never exceed principal
• Customer support: 24/5 Chinese-language support

Suitable for: Beginners entering Forex, small-cap investors, risk-conscious traders

New users get USD 50,000 demo coins upon registration, risk-free trading experience

3. KGI Leverage Trading｜Taiwan Financial Supervisory Authority Certified

KGI Futures is regulated by Taiwan’s FSC, Central Bank, and OTC Center, with triple protection for funds. The platform uses Nano Trading King system.

Core features:

• Leverage: 20-30x (varies by instrument)
• Trading instruments: 12 Forex pairs, commodities, overseas indices
• Fee structure: Floating spread + overnight fee; overseas indices incur 0.01%-0.50% handling fee
• Minimum fee: USD 5 per transaction
• Deposit/Withdrawal: USD deposits/withdrawals, certain banks fee-free

Suitable for: Domestic traders confident in Taiwan’s regulation

4. Far Eastern Bank Forex｜Traditional Bank

Far Eastern International Bank is a well-established Taiwanese commercial bank with 56 branches nationwide, offering Forex margin trading services.

Core features:

• Deposit requirement: over USD 10,000 (higher threshold, 2-3 times that of overseas brokers)
• Leverage: fixed 20x
• Trading instruments: 15 Forex pairs
• Fees: Main currency pairs have about 5 pip spreads; overnight fees apply; no commission
• Spread: adjusts according to market conditions

Suitable for: Investors with ample funds preferring traditional banking background

5. IG｜Oldest Global Forex Broker

Founded in London in 1974, IG is a FTSE 250 constituent with offices in 17 countries, with a deep historical background.

Core features:

• Leverage cap: 200x
• Trading instruments: 100+ Forex pairs, stocks, cryptocurrencies, indices, metals
• Cost structure: No account fee; popular currency pairs from 0.6 spread; overnight fees apply
• Trading costs: Minimum USD 150 for credit card withdrawals; positions held over 2 years incur AUD 18/month inactivity fee
• Regulation: ASIC regulated

Suitable for: Professional traders valuing brand history and global liquidity

6. IC Markets｜ECN Model with Ultra-Low Spreads

IC Markets is an Australian ECN trading platform, established in Sydney in 2007, focusing on transparent ECN trading.

Core features:

• Max leverage: 1000x
• Trading instruments: 61+ Forex pairs, stocks, cryptocurrencies, indices, metals, bonds
• Fee structure: Floating spreads + low commissions, varies by account type
• Withdrawals: No withdrawal fee; supports USD, EUR, and other currencies
• Trading hours: 00:01-23:59 daily (server time)
• Regulation: ASIC regulated

Suitable for: High-frequency traders sensitive to spreads, professional traders

7. CMC Markets｜Listed on London Stock Exchange

CMC Markets is a London Stock Exchange-listed company, regulated by FCA, ASIC, FMA, among others.

Core features:

• Leverage cap: 500x
• Trading instruments: Nearly 12,000 CFD products (Forex, stocks, indices, bonds, etc.)
• Spreads: AUD/USD, EUR/USD from 0.7; GBP/USD, EUR/GBP from 0.9
• Costs: Includes commissions and holding costs; dormant accounts over 1 year incur USD 15/month inactivity fee
• Deposit methods: Bank wire only
• Trading hours: Sunday evening to Friday evening, 24/5

Suitable for: Institutional or professional investors trading multiple global assets with ample capital

6 key indicators for choosing a Forex broker

1. Overall trading costs

Don’t just look at spreads; pay attention to hidden fees. Compare commissions, spreads, overnight fees, withdrawal fees, inactivity fees. Some platforms may have low spreads but high overnight or inactivity fees that eat into profits.

2. Regulatory license is a must

Licenses from authoritative regulators like ASIC (Australia), FCA (UK), FSB (Taiwan), FSC (Taiwan) are recognized. Verification is simple: visit the regulator’s official website and check the license number. Platforms without licenses should be avoided, regardless of low costs.

3. Coverage of trading instruments

Ensure the platform offers the currency pairs or commodities you want to trade. Mainstream platforms provide at least 50+ pairs; professional platforms can offer over 10,000+ CFDs.

4. Ease of trading platform

MetaTrader 5, proprietary platforms, web versions, mobile apps—choose tools that match your trading habits. Beginners should prefer interfaces that are simple and support Chinese language well.

5. Convenience of deposits and withdrawals

Direct TWD deposits/withdrawals are a plus. Support for multiple payment methods (credit card, wire transfer, third-party payment) reduces fund transfer costs. Check for withdrawal limits and fees.

6. Customer service responsiveness

When issues arise during trading, quick response can be lifesaving. Prioritize platforms offering 24/7 Chinese-language customer support via multiple channels.

How simple is the account opening process? Taking Mitrade as an example

Step 1: Register information

Visit the official website, fill in basic details, verify identity—done in 5 minutes.

Step 2: Deposit funds

Support Skrill, Poli, Visa, Mastercard, wire transfer, etc. Start trading with USD 50.

Step 3: Place orders

Choose popular trading instruments (EUR/USD, gold, oil, crypto, stock indices), and execute trades quickly.

The entire process has low barriers and fast speed, suitable for investors wanting quick entry.

How do Forex brokers make profits? Traders should know

Market Maker profit logic:

The platform acts as your counterparty. When you profit, the platform loses; when you lose, the platform profits. But don’t mistake this for “betting against you”—legitimate market makers manage risk through risk control and partial order hedging. As long as the platform holds an authoritative license, this mode is legal and common.

NDD profit logic:

The platform does not bet against you but earns from spreads or commissions based on trading volume. This means the platform prefers high trading frequency; whether you profit or lose, high volume alone generates revenue.

Hybrid mode:

Most mainstream platforms combine these methods, adjusting flexibly according to market conditions. The key point is, regardless of the mode, all legitimate brokers must hold authoritative financial licenses to operate legally.

Why must you choose a regulated Forex broker?

Regulated brokers must comply with strict business standards, including fund segregation, transparent trading, and risk management. If disputes occur, you can file complaints with the regulator to protect your rights.

Conversely, unregulated platforms that run away or have issues leave traders with little recourse, and funds are hard to recover.

How to verify a platform’s regulation status?

Every regulated broker receives a unique license number. Verification steps:

1. Visit the platform’s “About Us” or “Regulatory Information” section
2. Note the regulator’s name and license number
3. Visit the regulator’s official website and input the license number for verification
4. Confirm the license is genuine and valid

If the platform cannot provide clear regulatory info or the query results are inconsistent, it’s a red flag.

Summary: Choosing the right Forex broker can boost your trading success rate by 50%

In 2025, Taiwanese traders have a rich selection of Forex brokers—from local Yuanta, KGI to international Mitrade, IG, IC Markets, each with its own features.

Quick decision-making framework:

• Limited funds, beginner: Mitrade (USD 50 minimum, negative balance protection, TWD deposits/withdrawals)
• Seeking low costs, high leverage: IC Markets (up to 1000x leverage, transparent ECN)
• Prioritize Taiwan regulation and stability: Yuanta Futures, KGI Leverage Trading
• Require global assets, professional tools: CMC Markets, IG

Finally, remember that choosing a Forex broker is not just about costs; regulation, platform quality, customer service, and risk controls matter. A good broker can help you stay steady amid market volatility.