Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Taiwan, choosing the right forex broker is crucial for success. Exness and FP Markets are two of the most popular brokers globally, both offering robust trading conditions that cater to the needs of Taiwan-based traders. Exness, with a score of 4.8/5, is known for its ultra-low spreads, flexible leverage, and fast execution, making it a top choice for high-volume traders. FP Markets, scoring 4.7/5, excels in offering a wide range of platforms (MT4, MT5, cTrader) and strong regulatory oversight. Both brokers accept Taiwan clients and support local payment methods like Bank Transfer and Credit Card, with deposits and withdrawals in TWD. However, they are not regulated by the FSC Taiwan, so traders should consider their international licensing. This comparison will help you decide which broker best fits your trading style, focusing on costs, platforms, and local accessibility.
| Instrument | Exness | FP Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FP Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FP Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FP Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FP Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $100 | Tie |
When comparing trading costs for Taiwan traders, Exness offers a slight edge with its Raw Spread account, where spreads on EUR/USD can start from 0.0 pips with a commission of $3.50 per lot. FP Markets also offers raw spreads from 0.0 pips but with a commission of $3.00 per lot on its Raw account. For standard accounts, Exness typically has tighter spreads (e.g., 0.3 pips on EUR/USD) compared to FP Markets' 0.5-0.6 pips. For high-volume traders in Taiwan who trade multiple lots daily, Exness’s lower spreads can result in significant cost savings over time. Both brokers offer competitive swap rates, but Exness has a slight advantage for overnight positions on major pairs.
| Account Type | Exness | FP Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $100 |
| Entity / Asset | Exness | FP Markets |
|---|---|---|
| Taiwan (offshore) | Up to 1:2000 | Up to 1:500 |
| Forex major pairs | 1:2000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | Exness | FP Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Exness |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | 20+ | Exness |
| Stocks / Share CFDs | ✗ | 1,700+ | FP Markets |
| ETFs | ✗ | ✓ | Tie |
| Platform | Exness | FP Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both Exness and FP Markets provide industry-leading platforms, but FP Markets offers greater choice. FP Markets supports MT4, MT5, and cTrader, giving Taiwan traders flexibility to choose their preferred interface. cTrader is particularly popular for its advanced charting and fast execution. Exness offers MT4, MT5, and its proprietary WebTerminal, which is easy to use but lacks cTrader. Both brokers offer mobile trading apps for iOS and Android, optimized for on-the-go trading. For Taiwan traders who value platform variety, FP Markets is the better choice, while Exness is ideal for those who prefer simplicity and the familiar MT4/MT5 environment.
| Factor | Exness | FP Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FP Markets |
| Avg execution speed | ~30ms | ~40ms | Exness |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality is vital for experienced traders. Exness uses a combination of STP and ECN execution, with average execution speeds below 30ms and no requotes. FP Markets offers ECN execution with speeds around 40ms, also with no requotes. Both brokers provide deep liquidity and high fill rates. Exness has a slight edge in speed, especially during high volatility, making it preferable for scalpers and day traders in Taiwan.
| Safety Factor | Exness | FP Markets |
|---|---|---|
| Primary regulator | FCA | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key consideration for Taiwan traders. Neither Exness nor FP Markets is regulated by the FSC Taiwan, but both hold licenses from reputable global authorities. Exness is regulated by the FCA (UK), CySEC (Cyprus), and FSA (Seychelles), offering strong client fund protection and negative balance protection. FP Markets is regulated by ASIC (Australia) and CySEC, known for strict compliance and segregated accounts. For Taiwan traders, this means that while local oversight is absent, both brokers adhere to international standards. Traders should ensure they choose the appropriate entity (e.g., Exness's FSA entity for higher leverage).
| Payment Method | Exness | FP Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✓ |
| Withdrawal time | crypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days | 24 hours |
Depositing and withdrawing funds as a Taiwan trader is straightforward with both brokers. Exness supports local Bank Transfer and Credit Card deposits, with a minimum deposit of $10 (approx. 320 TWD) and no fees. Deposits via Credit Card are instant, while Bank Transfers take 1-3 business days. Withdrawals are processed quickly, often within 24 hours, and also free of charge. FP Markets requires a minimum deposit of $100 (approx. 3,200 TWD) and also supports Bank Transfer and Credit Card deposits with no fees. Credit Card deposits are instant, and Bank Transfers take 1-3 business days. FP Markets processes withdrawals within 1-2 business days. Both brokers allow withdrawals back to the original payment method, which is convenient for Taiwan traders.
| Islamic Account Feature | Exness | FP Markets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both Exness and FP Markets offer Islamic (swap-free) accounts for Muslim traders in Taiwan. Exness provides swap-free accounts on all account types except Standard Cent, with no additional fees or restrictions. FP Markets offers Islamic accounts on request, available on standard and raw accounts, and also without swap charges. To open an Islamic account, traders typically need to provide a declaration of faith. Both brokers ensure that swap-free accounts comply with Sharia law by not charging or paying overnight interest. This makes both brokers suitable for Muslim traders in Taiwan.
| Support Feature | Exness | FP Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✓ | ✗ | Exness |
| Response time (chat) | <2 minutes | <3 minutes | Exness |
Customer support is critical for Taiwan traders. Exness offers 24/7 multilingual support via live chat, email, and phone, with dedicated support for Chinese-speaking clients. FP Markets also provides 24/7 support with live chat, email, and phone, and has a strong reputation for responsive service. Both brokers have comprehensive FAQ sections and educational resources. For Taiwan traders, Exness’s slightly faster response times and Chinese language support give it a minor advantage.
| Mobile Feature | Exness | FP Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Exness |
| Google Play rating | 4.3 stars | 4.2 stars | Exness |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | FP Markets |
| Resource | Exness | FP Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | ✗ | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Exness |
Choose Exness if you...
Choose FP Markets if you...
For experienced retail traders in Taiwan, both Exness and FP Markets are excellent choices, but the decision depends on your priorities. Exness (4.8/5) is the better option if you prioritize low costs, fast execution, and a low minimum deposit. Its support for Bank Transfer and Credit Card deposits with no fees makes it highly accessible. FP Markets (4.7/5) shines with its platform variety (especially cTrader) and ASIC regulation, appealing to traders who value choice and regulatory trust. While neither broker is regulated by the FSC Taiwan, both maintain strong international compliance. Ultimately, Exness is ideal for cost-conscious, high-volume traders, while FP Markets suits those who want platform flexibility and robust regulation.