Taiwan has a well-developed integrated economy, a major exporter and a tech-savvy population, so Forex trading is popular among Taiwan residents, hawkinsight Taiwan Forex Broker Review provides a list of competitive Forex brokers and introduces Forex trading to help beginners。

♦ FXGT, the perfect combination of forex and crypto assets。

♦ FXTM, the best all-round broker with high floating leverage and fast execution speed。

FP Markets, ECN trading, leverage up to 1: 500。

MultiBank Group, deep liquidity without trading restrictions。

♦ Eightcap, competitive price + excellent daily video。

▍ Taiwan's Best Broker Comparison

 

○ FXGT

FXGT.com trading environment norms, capital adequacy ratio of 40%, four times the recommended ratio, is one of the highest capital adequacy ratio of foreign exchange brokers in Taiwan.。It also offers 1 million euros in liability insurance.。

Algorithmic traders can get free access to the low-latency 24 / 5 Forex market, provided that the trader has an initial account net worth of at least $3,000 and trades 5 per month..0 hands。At the same time, MT4 / MT5 support algorithm trading and copy trading。FXGT.com offers a balanced asset segment with payment processor options including e-wallets and cryptocurrencies。FXGT.With a minimum deposit of $5, com is ideal for micro-portfolios。

Advantages	Disadvantages
√ Deposit bonuses and cryptocurrency financial transactions	* Do not accept customers residing in the US, EU and UK
√ Tier 1 liquidity aggregation and low latency trade execution
√ Good cryptocurrency selection, including synthetic cryptocurrency pairs
√ Low minimum deposits, high leverage and negative balance protection

○ FXTM

FXTM offers industry-leading MT4 and MT5 platforms, algorithmic trading support, and embedded replication trading services。Pivot Point Strategy MT4 plugin enhances trading experience while mobile traders benefit from user-friendly FXTM Trader。Ideal for copy traders who prefer FXTM Invest service over embedded MT4 / MT5 alternatives。

The ultra-low cost structure will increase the trader's profit - the original spread is 0.0 points, 0 commission.$80 per 1.0 standard hand for 4.00 美元。This makes FXTM at the top of our Taiwan Forex Broker Rankings。In addition, beginners receive actionable trading signals and quality education。

Advantages	Disadvantages
√ Excellent commission-based forex pricing environment and transparency	× No Cryptocurrencies, Limited Commodity Options
√ Upgraded MT4 / MT5 trading platform and proprietary mobile trading application
√ Quality market research and education content for junior traders
√ Proprietary replication trading platform and high leverage

○ FP Markets

FP Markets, with its 12 plug-in upgrade packages, and services offered by Trading Central and Autochartist for MT4 / MT5, is our highly competitive Taiwanese forex broker。Traders can also use cTrader, although the Iress trading platform can be used, but there are geographical restrictions。VPS hosting ensures algorithmic traders get 24 / 5 low latency market access。Licensed account managers can provide traditional account management services through MAM / PAMM accounts。

High-quality education and research for beginners, multilingual customer support 24 / 7。In addition to the embedded MT4 / MT5 / cTrader copy trading service, traders can use the FP Markets alternative, the well-known Myfxbook Autotrade service or the charged Signal Start。

Advantages	Disadvantages
√ Optional trading platform and auxiliary trading tools	* Provide Iress subject to geographical restrictions
√ Competitive cost structure and excellent asset selection
√ Low minimum deposit requirements and leverage of up to 1: 500
√ Perfect supervision and trustworthy

○ MultiBank Group

With 10 regulatory licenses and more than 25 global offices, MultiBank's state-of-the-art trading environment, first-class asset selection and outstanding transparency give the broker a place in our ranking of Taiwan Forex Brokers。Traders can either use the MT4 / MT5 trading platform or choose between two proprietary, web-based MultiBank Traders 4 and 5。

Copy traders can use embedded MT4 / MT5 services or internally developed copy trading alternatives。Cryptocurrency traders should consider MultiBank Trader 5, which offers more than 150 cryptocurrency CFDs。Forex spreads for professional accounts from 0.8 points or 8 per hand.From $00, reasonable and commission-free。20% deposit bonus also available。

Advantages	Disadvantages
√ 20,000 assets, extensive coverage of financial markets	× Access to the original spread requires a minimum deposit of $5,000 in the ECN account
√ The original spread is from 0 o'clock and the maximum leverage is 1: 500
√ MAM / PAMM account and proprietary copy trading platform
√ ECN trading is deeply liquid and does not require re-quoting

○ 8eightcap

Eightcap is the broker with the most advanced trading solutions on our list of Taiwan Forex brokers。Capitalise AI for MT4 allows algorithmic trading in a code-free environment and is a unique trading tool。FlashTrader plugin enhances the functionality of MT5, cryptocurrency traders get a dedicated Crypto Crusher。VPS custody ensures 24 / 5 low latency forex trading for algorithmic traders who benefit from a robust trading infrastructure and deep liquidity。

Traders get balanced asset selection and competitive commission transaction costs.。Eightcap also connects social traders with 50M + traders in the active TradingView community, while replica traders have access to embedded MT4 / MT5 services.。

Advantages	Disadvantages
√ Low minimum deposits and leverage of up to 1: 500	× Limited leverage in some areas
√ Competitive cost structure
√ Excellent technical infrastructure and experienced management team
√ Daily research and quality educational content

▍ Taiwan's foreign exchange trading

Taiwan has perfect infrastructure and is an ideal forex trading center for international forex brokers。Taiwan's Internet penetration rate is close to 91%, mobile phone penetration rate of 125%, everyone can access the Internet, so also can enter the foreign exchange market。In addition, nearly 85% of the population is active on social media.。

Trading with brokers on our list of Taiwan Forex Trading Brokers can provide Taiwan traders with the right resources to meet the needs of the most popular Forex trading strategies in Taiwan。

▍ Taiwan foreign exchange brokers should have the conditions.

All competitive Taiwan forex brokers should have the following conditions:

Financial regulation: more than 10 years of clean regulatory record。

Low transaction fees: the maximum fee for major currency pairs is 0 per lot.8 o'clock or 8.$00, with competitive swap rates, including positive rates on eligible assets。

Trading platform: full support for algorithmic trading, because more than 80% of foreign exchange trading volume is algorithmic trading。

Asset diversity: sufficient liquidity and diversified assets to support multiple trading strategies。

Deposit / Withdrawal: No internal deposit or withdrawal fees, minimum requirements as low as zero。

▍ Taiwan Foreign Exchange Trading Regulations

Republic of China (Taiwan) Central Bank regulates domestic foreign exchange market。It does not apply to international forex brokers in our list of Taiwan forex brokers。Taiwan does not exercise foreign exchange controls and does not require international foreign exchange brokers to obtain licenses in Taiwan.。

What is the largest foreign exchange trading leverage in Taiwan?？

Our platform in the Taiwan Forex Broker Rankings provides maximum forex leverage of 1: 500 on major currency pairs and provides liability protection。Some brokers have a multi-level system that increases margin requirements as the number of lots increases.。Taiwanese traders must always apply appropriate risk management when using leverage to avoid expanding trading losses。

What is the best trading platform in Taiwan?？

All brokers in the Taiwan Forex Broker Rankings offer MT4。Due to its versatility and upgradability, it is the best trading platform in Taiwan。It fully supports algorithms, replication and API transactions。MT5 and cTrader complete the selection of the top three trading platforms。

▍ Taiwan foreign exchange trading tax

While the brokers on our list of Taiwan Forex Brokers are all offshore brokers, Taiwanese forex traders must consider domestic taxes。Taiwan no longer has a capital gains tax since 2016, but may have an income tax。Therefore, all Taiwanese forex traders should consult a legal professional to seek Taiwanese tax advice to ensure compliance with local regulations。

The pros and cons of foreign exchange trading in Taiwan

Traders should consider the pros and cons of forex trading in Taiwan before opening an account with a Taiwanese forex broker。

✔ Advantages of Taiwan Forex Trading:

• Capital requirements lower than other assets
• 24 / 5 decentralized trading
• Passive income opportunities
• frictionless financial transactions
• 80% of daily trading volume is algorithmic
• Copying and Social Trading
• PAMM / MAM Account

The disadvantages of Taiwan's foreign exchange trading:

• Disrespect for the highly skilled profession of foreign exchange trading
• Simulated trading brings false sense of accomplishment
• Overtrading, frustration and inefficiency due to lack of sufficient funds and unrealistic trading expectations
• emotion-based decision making
• A fundamental misunderstanding of foreign exchange trading, its requirements and possibilities
• Manual trading in an algorithm-led environment
• Leverage and its disconnect from risk management
• Improper risk management
• Scam and Fraud

▍ Summary

Taiwan has a well-established foreign exchange trading infrastructure, and international offshore foreign exchange brokers (such as those on the list of Taiwan's foreign exchange brokers) serve retail demand.。Taiwanese forex traders typically have higher deposits than many other countries, and this growth continues to attract forex brokers, who often customize Chinese-language websites.。Beginners must invest in education to lay the foundation before opening and recapitalizing an account。