Taiwan Securities Broker Rankings Guide | 2025 Latest Fees and Account Opening Options

Essential Pre-Investment Knowledge: Key Factors in Choosing a Broker

If you want to trade stocks, bonds, or futures in Taiwan, the first step is to find a securities firm that suits your needs. There are many brokers on the market, but not all are suitable for your investment style. Before diving into rankings and fee comparisons, understand what matters most to you so you can make the smartest decision.

When selecting a securities broker, four main factors should be considered: trading commission discounts, ease of use of trading software, availability of securities and margin interest rates, and diversity of trading products. These factors directly impact your trading costs and investment experience and should not be overlooked.

Taiwan Domestic Securities Market Rankings and Trading Capabilities

Top 10 Brokers by Market Position in 2025

Based on the total trading volume market share in 2024, the competitive landscape of Taiwan’s domestic securities firms is as follows. These established brokers have decades of operational experience and each has unique features in trading products and services:

Data Source: Taiwan Stock Exchange, period from January 1 to December 31, 2024

Fee Comparison: Promotional Plans of Various Securities Firms

Understanding the Two Major Costs in Taiwan Stock Trading

In Taiwan, stock trading involves two types of costs. First is transaction commissions, officially priced at 0.1425%, paid by both buyer and seller, with a minimum of NT$20 per transaction. Second is transaction tax, which is 0.3% on sales, and this cannot be discounted.

Although the official commission rate is fixed, with the rise of online trading, decreasing operational costs, and fierce market competition, high-volume investors often negotiate for better discounts. However, the transaction tax is paid to the government and is fixed, so it cannot be negotiated.

Comparison Table of Electronic Order Fees Among Major Brokers

Data Source: Official websites of major brokers, online research; actual conditions depend on account opening

Example Calculation of Actual Trading Costs

Taking TSMC (2330) as an example, assuming buying 5 lots at NT$430 and selling 5 lots at NT$450:

This example shows that commission discounts can save a significant amount, but transaction tax remains the main cost during trading.

Practical Considerations When Choosing a Broker

1. Commission Discounts Are Not the Only Factor

While commission discounts are important, be aware that some small brokers lower fees to attract clients but may lack system stability, order speed, or quality customer service. When choosing a broker, evaluate comprehensively rather than focusing solely on commission discounts.

Also, pay attention to how refunds are processed. Some brokers refund the next day, others only on fixed business days each month, which affects your cash flow flexibility.

2. User Experience of Trading Software

All brokers offer free trading tools, such as Yuanta’s “Investment Mr.” app, KGI’s “Mobile e Strategy,” etc., with various features. Investors need more than basic buy/sell functions; real-time quotes, technical analysis tools, account management, etc., are also essential.

It’s recommended to download and try each platform to personally experience the interface design and responsiveness, helping you find the most user-friendly platform.

3. Securities Source Adequacy and Margin Interest Rates

Larger brokers usually provide more securities (stocks they can lend to investors), which is crucial for short selling or margin trading. Additionally, margin interest rates are an important cost factor.

For Taiwan stocks, margin ratio is 60% for listed stocks and 50% for OTC stocks. Most brokers’ margin interest rates range from 6% to 7%. Large brokers, with ample capital, often offer more favorable margin rates. If you frequently trade on margin, prioritize larger brokers.

4. Diversity of Trading Products

Some investors only trade Taiwan stocks, but many also want to explore Hong Kong, US, Japan, and other overseas markets. Domestic brokers do offer overseas stock trading, but most use “OMNIBUS” accounts, which tend to have higher fees. If overseas investing is your main goal, the overseas brokers introduced later may be more cost-effective.

Overseas Investment Options: Understanding International Broker Platforms

If you plan to invest in US stocks, Hong Kong stocks, or other overseas markets, using Taiwan’s omnibus accounts via local brokers may not be the most economical choice. Here are three popular overseas investment platforms in Taiwan:

Mitrade—The First Choice for Small-Scale and Leverage Trading Enthusiasts

Mitrade is a global CFD( trading platform regulated by ASIC Australia. It offers trading in US stocks, Hong Kong stocks, indices, forex, commodities, cryptocurrencies, and more, with support for both long and short positions. Leverage can be adjusted from 1x to 200x.

With the increasing number of Taiwanese users, the platform has strengthened local services. Investors can deposit and withdraw directly in New Taiwan Dollars, no currency exchange needed; plus, 24-hour Taiwanese customer support, unaffected by time zone differences.

Platform Advantages:

• Funds are secured with trust accounts
• Very low minimum deposit (from US$50)
• Zero commission, only spreads
• Free demo account for practice
• Supports TWD deposits and withdrawals

Ideal for:

• Investors trading with small capital
• Traders enthusiastic about leverage
• Investors needing day trading or hedging

) Interactive Brokers—The Choice for Well-Funded Professional Investors

Since 1977, Interactive Brokers has served global investors for over forty years, with extensive users in Taiwan, Hong Kong, Singapore, and beyond. It offers US, UK, German, Japanese, Korean stocks, as well as bonds, funds, ETFs, futures, forex, and more, supporting diversified asset allocation.

Trading fees are calculated at $0.005 per share, capped at 1%, which is more favorable for large capital investors compared to other platforms. No minimum deposit required, with Chinese-language customer support.

Platform Advantages:

• No minimum deposit to open an account
• Fee structure more advantageous for large trades
• Wide range of financial products

Best suited for:

• Investors with substantial capital seeking lower trading costs
• Professional investors needing complex asset allocation

Note: When trading on margin (margin trading), accounts must maintain a balance of over US$2,000.

Firstrade—A User-Friendly Platform for US Stocks and ETFs Beginners

Firstrade is a US-based online broker regulated by FINRA and SIPC. Its main trading products are US stocks, ETFs, mutual funds, options, known for zero commissions, especially popular among Taiwanese long-term ETF investors. However, withdrawal fees are relatively high, so plan accordingly.

Platform Advantages:

• Zero commission on stocks, ETFs, options
• Intuitive interface, easy for beginners
• Loss protection for unauthorized trades

Ideal for:

• Long-term US stock and ETF investors
• Small investors wanting low-cost regular US purchases

Note: Withdrawal fee is US$25 per transaction; reducing withdrawal frequency can save costs.

Quick Comparison of Three Major Overseas Broker Platforms

How to Open an Overseas Broker Account

$10 Step 1: Online Registration and Account Setup

Using Mitrade as an example, the registration process is very simple. Just fill in your email, set a password, choose your main currency, and basic info. After registration, you can immediately use the demo account to practice and familiarize yourself with the platform.

Step 2: Complete Identity Verification and Deposit Funds

After KYC verification, you can open a real trading account. Funding methods include Skrill, Poli, credit cards###Visa/MasterCard(, or bank transfer. You can choose the most convenient method. For Mitrade, the minimum deposit is only US$50, very affordable.

) Step 3: Search for Products and Start Trading

Log into the trading platform, then use the search bar in the top left to enter stock names or codes to quickly find your target and start buying or selling.

Summary: Choosing the Most Suitable Investment Channel

For Taiwanese investors engaging in stocks, bonds, or derivatives trading, opening an account with a securities firm is essential. This article has detailed the top ten domestic brokers, fee comparisons, and trading features to help you quickly understand the local market.

The advantage of domestic brokers lies in strong compliance and competitive stock trading fees. However, if your investment focus shifts to overseas markets like US or Hong Kong stocks, seeking professional overseas brokers may offer better cost efficiency.

When choosing a broker, be sure to consider commission discounts, software usability, securities availability, margin interest rates, and product diversity. Each broker has its pros and cons; there is no absolute best choice. The key is to find a platform that best fits your investment style and needs, so you can maximize your market performance.

Wishing all investors to find their ideal trading partner and start their investment journey!