8 Best CFD Trading Platforms in Taiwan
The 8 Best CFD Trading Platforms in Taiwan revealed. We dug deep into the world of CFD Forex brokers in Taiwan, sifting through innumerable possibilities to provide you with a list of the most trustworthy and respected platforms for your trading endeavors.
In this in-depth guide, you’ll learn about the following:
- What is CFD Trading in Taiwan?
- The 8 Best CFD Trading Platforms in Taiwan – Revealed
- The Benefit of CFD Forex Trading for Taiwanese Traders
- Our Conclusion on the 8 Best CFD Trading Platforms in Taiwan
- Popular FAQs about the 8 Best CFD Trading Platforms in Taiwan
And lots more…
So, if you’re ready to go “all in” with the 8 Best CFD Trading Platforms in Taiwan…
Let’s dive right in…
10 Best Forex Brokers in Taiwan
Rank
Broker
Review
Regulators
Min Deposit
Official Site
What is CFD Trading in Taiwan?
CFD trading has recently been a prominent topic in Taiwan’s financial circles, and we’ve been digging into the details from a local viewpoint. It’s evident that this sort of trading, which involves betting on price fluctuations without actually owning the asset, is providing Taiwanese traders with a broader choice of alternatives.
Many value the opportunity to trade on margin since it allows them to handle a larger transaction with less upfront cash. It’s a strong instrument, but we must be honest about the possible drawbacks. If a trade does not go as planned, your losses may exceed your initial investment.
Another appealing feature for Taiwan is the option to trade both long (betting on a price increase) and short (betting on a price decrease). It doesn’t matter which direction the market is heading; you can benefit either way, giving traders much more freedom in their approach.
It’s also worth considering the role of leverage in CFD trading. It can potentially increase prospective rewards greatly but has certain drawbacks. We think every trader should fully understand the dangers of leverage before diving in headlong.
Another repeating element in our analysis of Taiwan’s CFD ecosystem has been the significance of selecting a reputable, licensed broker.
There are many possibilities available, so it’s worth researching to discover one that meets your specific requirements – competitive spreads, user-friendly platforms, and a varied selection of tradable instruments are just a few to consider.
Our investigation into CFD trading in Taiwan has given us a better understanding of the potential and problems it poses for local traders. We think that with the proper information and caution, CFD trading can be a beneficial addition to any trader’s toolset.
The 8 Best CFD Trading Platforms in Taiwan – Revealed (2024*)
- ☑️ Pepperstone: Low spreads for active CFD traders.
- ☑️ IG: Renowned platform for learning CFD basics.
- ☑️ XTB: User-friendly platform for new CFD traders.
- ☑️ BDSwiss: Wide range of CFDs for diversification.
- ☑️ Oanda: Renowned for research & analysis tools for CFDs.
- ☑️ Exness: Leverage experienced traders’ CFD strategies.
- ☑️ HFM: Expert managers for navigating CFD volatility.
- ☑️ AvaTrade: Diversify your CFD portfolio across various assets.
Pepperstone
Overview
Min Deposit
200 USD
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB
Trading Desk
MetaTrader 4, MetaTrader 5
cTrader, TradingView, Myfxbook,
Duplitrade
Crypto
Yes
Total Pairs
90+
Islamic Account
Yes
Trading Fees
Per trade, low fees
Account Activation Time
4 -8 Hours
thoroughly examining Pepperstone, it is evident that it excels with its dynamic and trader-centric approach. Pepperstone’s Razor account is highly recommended for traders in Taiwan.
Pepperstone offers highly competitive spreads and commissions, particularly advantageous for active or high-volume traders. Another aspect that caught our attention is their Smart Trader Tools package.
We found that this feature enhances the MetaTrader platform by providing additional indicators and tools, greatly improving the ease of analyzing the market and timing trades.
Unique Features
💳 Minimum Deposit | 4,300 TWD (200 AUD) |
💴 Order Execution | Market |
🗂️ OCO Orders | Yes |
💻 One-Click Trading | Yes |
✏️ Scalping Allowed? | Yes |
📈 Hedging Allowed? | Yes |
📇 News Trading Allowed? | Yes |
🧑💻 Expert Advisors (EAs) Allowed? | Yes |
📈 Maximum Leverage | 1:500 (Professional) 1:200 (Retail) – Depending on the jurisdiction |
💰Tradable Assets | Forex, Commodities, Indices, Currency Indices, Cryptocurrency, Shares, ETFs |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅Pros | ❌Cons |
There are tight spreads across markets with low, competitive commission fees | Pepperstone doesn’t offer TWD-denominated accounts |
Offers a large range of CFDs from various global exchanges | There is limited support over weekends and on public holidays |
There are zero-pip spreads on major instruments | Features a higher minimum deposit than other brokers |
Our insights
In my opinion, Pepperstone might be a good fit for active CFD traders due to their razor-sharp spreads. These low trading costs can be attractive when capitalizing on CFD opportunities.
IG
Overview
Min Deposit
250 USD
Regulators
ASIC, JFSA, MAS, FINMA, FCA and FMA
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
80
Islamic Account
No
Trading Fees
It depends on number of trades made and differ per currency.
Account Activation Time
24 Hrs
As we assessed various CFD platforms, IG has emerged as a standout choice for several important reasons. We were impressed by the extensive range of markets they cover. With a staggering number of over 17,000, traders on their platform have a wide range of possibilities to explore.
Taiwanese traders will appreciate their versatility in using different trading platforms. They offer web-based options for individuals who prefer a desktop experience while also providing a strong mobile platform.
Once you explore their platform, you’ll discover a plethora of valuable tools. The platform offers a range of features that cater to the needs of traders, including customizable alerts and interactive charts.
If you encounter any issues or have any inquiries, their customer support is available round the clock. They also offer a community forum where traders can connect with each other.
Unique Features
💳 Minimum Deposit | 8,100 TWD (250 USD) |
💴 Order Execution | Market |
🗂️ OCO Orders | No |
💻 One-Click Trading | Yes |
✏️ Scalping Allowed? | Yes |
📈 Hedging Allowed? | Yes |
📇 News Trading Allowed? | Yes |
🧑💻 Expert Advisors (EAs) Allowed? | Yes |
📈 Maximum Leverage | 1:30 (Retail, EU, UK), 1:222 (Professional) |
💰Tradable Assets | Forex, Indices, Share CFDs, Commodities, Cryptocurrencies, Futures, Options, Bonds, ETFs, Digital 100s, Interest Rates |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅Pros | ❌Cons |
IG has one of the largest product portfolios, providing Taiwanese unlimited access to global markets | The minimum deposit is much higher than that of other brokers |
Traders can use flexible leverage to open larger positions | The platforms might be too complex for some brokers |
Traders can use various trading strategies with IG | Limited retail leverage due to regulations |
Our insights
IG is renowned for its educational resources and user-friendly platform. This can be a great starting point, especially if you’re new to CFD trading.
XTB
Overview
Min Deposit
USD 250 (776 NGN)
Regulators
FCA, CySEC, IFSC, KNF
Trading Desk
No Trading Desk
Crypto
Yes
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
After thoroughly examining XTB, we confidently recommend it to CFD traders in Taiwan. XTB offers diverse instruments, such as stocks, indices, commodities, and cryptocurrencies, enabling investors to create well-rounded portfolios.
With competitive spreads and fast execution, you can enjoy a seamless trading experience. XTB offers a wide range of tools and features to help you make informed financial decisions.
Traders who want to enhance their skills will find that it’s an extremely reliable option, thanks to the abundance of educational resources, trading tools, and market analysis.
Unique Features
💳 Minimum Deposit | 0 TWD (0 USD) |
💴 Order Execution | Market |
🗂️ OCO Orders | Yes |
💻 One-Click Trading | Yes |
✏️ Scalping Allowed? | Yes |
📈 Hedging Allowed? | Yes |
📇 News Trading Allowed? | Yes |
🧑💻 Expert Advisors (EAs) Allowed? | Yes |
📈 Maximum Leverage | 1:500 |
💰Tradable Assets | Forex, Indices, Commodities, Stock CFDs, ETF CFDs, Cryptocurrencies |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅Pros | ❌Cons |
XTB’s range of CFD instruments ensures that Taiwanese traders can diversify their portfolios | MetaTrader is not supported |
There are transparent fee schedules on the website with no hidden fees | There are limited localized support options |
Taiwanese traders can access flexible accounts with competitive trading conditions | Not regulated in Taiwan |
Our insights
In my opinion, XTB shines for new CFD traders with their user-friendly platform and educational resources. This can make the learning curve a bit smoother as you explore CFDs.
BDSwiss
Overview
Min Deposit
10 USD/EUR/GBP
Regulators
FSCA, MISA
Trading Desk
Metatrader 4, Metatrader 5 and BDSwiss Web Trader
Crypto
Yes
Total Pairs
50
Islamic Account
Yes
Trading Fees
For all stock CFDs, this commission amounts to 0.1%.
Account Activation Time
24 Hrs
BDSwiss offers a comprehensive platform tailored for Taiwanese traders in the CFD trading realm. With a wide range of tradable instruments, competitive spreads, and fast execution, traders can take advantage of plenty of opportunities.
Their platform offers a wide range of advanced charting tools, technical indicators, and risk management features to enhance your trading experience.
In addition, BDSwiss offers a range of educational resources, such as video tutorials and market analysis, which can be highly beneficial for traders to enhance their understanding of CFD markets.
Unique Features
💳 Minimum Deposit | 324 TWD (10 USD) |
💴 Order Execution | Instant, Market |
🗂️ OCO Orders | No |
💻 One-Click Trading | Yes |
✏️ Scalping Allowed? | Yes |
📈 Hedging Allowed? | Yes |
📇 News Trading Allowed? | Yes |
🧑💻 Expert Advisors (EAs) Allowed? | Yes |
📈 Maximum Leverage | 1:2000 |
💰Tradable Assets | Forex, Commodities, Shares, Indices, Cryptocurrencies |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅Pros | ❌Cons |
BDSwiss has a low minimum deposit | BDSwiss is not regulated in Taiwan |
Various CFDs across markets can be traded | Traders cannot register accounts in TWD |
Taiwanese traders can use leverage of up to 1:2000 | The range of markets is limited compared to other brokers |
Our insights
BDSwiss goes big on variety, offering a wide range of CFDs. This lets you potentially spread your bets across different markets, which can be a smart way to manage risk.
OANDA
Overview
Min Deposit
No Minimum deposit
Regulators
ASIC, CIRO, JFSA, MAS, FCA
Trading Desk
OANDA Trade web-based platform and MT4
Crypto
Yes
Total Pairs
68
Islamic Account
Yes
Trading Fees
$20 per transaction for withdrawals. A 0.5 % mark-up on the midpoint price at the time of conversion
Account Activation Time
24-48 Hours
Our extensive analysis of OANDA has revealed its wide range of CFD trading options that cater to traders in Taiwan. OANDA offers a wide range of markets, competitive spreads, and reliable execution to ensure a seamless trading experience.
The platform offers several useful tools and features that can assist Taiwanese traders in making well-informed decisions. In addition, we also found that OANDA offers a range of educational resources, including webinars and articles, to help traders enhance their knowledge.
Unique Features
💳 Minimum Deposit | 0 TWD (0 USD) |
💴 Order Execution | Market |
🗂️ OCO Orders | Yes |
💻 One-Click Trading | Yes |
✏️ Scalping Allowed? | Yes |
📈 Hedging Allowed? | Yes |
📇 News Trading Allowed? | Yes |
🧑💻 Expert Advisors (EAs) Allowed? | Yes |
📈 Maximum Leverage | 1:888 |
💰Tradable Assets | Forex, Indices, Metals, Shares, Commodities, Cryptocurrencies |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅Pros | ❌Cons |
Offers a secure and well-regulated trading environment | OANDA is not regulated in Taiwan and doesn’t support TWD accounts |
Taiwanese traders don’t need to pay a set minimum deposit to start trading | There might be a steep learning curve involved for beginners |
Our insights
In my opinion, Oanda stands out for CFD traders who value in-depth research. Their well-known analysis tools can be a valuable asset, empowering you to make informed decisions in the CFD market.
Exness
Overview
Min Deposit
Based on chosen regional deposit method
Regulators
FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA
Trading Desk
MetaTrader 4, MetaTrader 5
Exness Terminal, Exness Trade app
Crypto
Yes
Total Pairs
100 and 33 Crypto Currencies
Islamic Account
Yes
Trading Fees
Exness charges spreads and small commissions
Account Activation Time
24 Hours
Exness is a standout platform known for its adaptability to various trading styles. Taiwanese traders have various account types available to suit their preferred trading styles.
The instant withdrawal feature is a great advantage, providing you with fast access to your funds whenever you require them. Exness’s trading terminals are equipped with a wide range of technical analysis tools, including indicators and charting tools.
We’ve found that exploring various CFD markets is incredibly easy with Exness. In addition, they offer a wide range of educational resources, such as articles and videos, which are extremely useful for refreshing your knowledge of the fundamentals or acquiring new strategies.
Unique Features
💳 Minimum Deposit | 324 TWD (10 USD) |
💴 Order Execution | Market |
🗂️ OCO Orders | No |
💻 One-Click Trading | Yes |
✏️ Scalping Allowed? | Yes |
📈 Hedging Allowed? | Yes |
📇 News Trading Allowed? | Yes |
🧑💻 Expert Advisors (EAs) Allowed? | Yes |
📈 Maximum Leverage | Unlimited |
💰Tradable Assets | Forex, Commodities, Stocks, Indices, Cryptocurrencies |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅Pros | ❌Cons |
Exness is a secure and flexible CFD and Forex broker with multi-currency accounts | Exness’ range of CFDs is limited compared to other brokers |
Exness offers flexible account types that suit most traders and their strategies | Exness doesn’t offer TWD-denominated accounts |
Our insights
In my opinion, Exness could be a good option for beginner CFD traders who are interested in social aspects of trading. Their copy trading features allow you to potentially leverage the experience of successful CFD traders.
HFM
Overview
Min Deposit
No minimum deposit requirement
Regulators
FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA
Trading Desk
MetaTrader 4 and MetaTrader 5
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Our analysis of the broker found that HFM offers a diverse range of account types suited to various trading strategies and experience levels. It’s evident that their goal is to serve a wide range of traders in Taiwan.
Using both MT4 and MT5 platforms and their own HF app, they provide a comprehensive trading experience.
We were highly impressed by their Traders’ Board and live analysis feature. It provides you with up-to-date information on market trends, which can be highly valuable when making trading decisions.
Their educational resources are quite impressive, offering a comprehensive learning section and frequent live seminars. This provides ample opportunities for traders to enhance their skills.
Unique Features
💳 Minimum Deposit | 0 TWD (0 USD) |
💴 Order Execution | Market |
🗂️ OCO Orders | No |
💻 One-Click Trading | Yes |
✏️ Scalping Allowed? | Yes |
📈 Hedging Allowed? | Yes |
📇 News Trading Allowed? | Yes |
🧑💻 Expert Advisors (EAs) Allowed? | Yes |
📈 Maximum Leverage | 1:2000 |
💰Tradable Assets | Forex, Precious Metals, Energies, Indices, Shares, Commodities, Cryptocurrencies, Bonds, ETFs |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅Pros | ❌Cons |
Taiwanese traders can trade various CFDs using MetaTrader 4 and 5 | HFM is not regulated in Taiwan and might offer limited localized support to traders |
Traders can participate in copy trading through HFCopy | The range of markets is much smaller than what other brokers offer |
Our insights
In my opinion, HFM caters to experienced CFD traders seeking professional guidance. Their focus on high-performing money managers suggests expertise in navigating the complexities of the CFD market.
This could potentially lead to identifying lucrative opportunities, but remember, CFDs are inherently risky. Even experienced managers can’t guarantee success. Ensure you understand the risks and align your goals with their strategies before diving in.
AvaTrade
Overview
Min Deposit
5 USD
Regulators
Financial Services Commission of Mauritius
Trading Desk
AvaTradeGO, AvaOptions
AvaSocial,MetaTrader 4
MetaTrader 5,DupliTrade
ZuluTrade
Crypto
Yes
Total Pairs
40+
Islamic Account
Yes
Trading Fees
USD Account Fees: $100
EUR Account Fees: €100
GBP Account Fees: £100
Account Activation
24 hrs
AvaTrade stands out with its range of innovative tools. Their AvaProtect feature is truly one-of-a-kind, allowing you to safeguard your positions from potential losses within a specified time frame.
They offer over 1,260 instruments spread across various CFD Markets, allowing Taiwanese traders to access global markets and trade different assets.
The SharpTrader educational platform stands out for its comprehensive learning experience, featuring many videos, articles, and daily updates. It’s evident that their dedication lies in assisting Taiwanese traders in their growth in competitive CFD markets.
Unique Features
💳 Minimum Deposit | 3,200 TWD ($100) |
💴 Order Execution | Instant |
🗂️ OCO Orders | No |
💻 One-Click Trading | Yes |
✏️ Scalping Allowed? | Yes |
📈 Hedging Allowed? | Yes |
📇 News Trading Allowed? | Yes |
🧑💻 Expert Advisors (EAs) Allowed? | Yes |
📈 Maximum Leverage | 1:30 (Retail), 1:400 (Pro) |
💰Tradable Assets | Forex, Stocks, Commodities, Cryptocurrencies, Treasuries, Bonds, Indices, Exchange-traded funds (ETFs), Options, Contracts for Difference (CFDs), Precious Metals |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅Pros | ❌Cons |
AvaTrade has over 1,260 instruments that can be traded | The full range of AvaTrade’s instruments can only be accessed on MetaTrader 5 |
Taiwanese traders can expect a transparent and safe trading environment | AvaTrade is multi-regulated but doesn’t hold licenses from Taiwan’s FSC |
Our insights
In my opinion, AvaTrade empowers CFD traders with diversification options. Their vast selection of assets allows you to spread your bets across different markets, potentially mitigating losses in one area with gains in another. This can be a valuable strategy for managing risk in the volatile CFD market.
The Benefit of CFD Forex Trading for Taiwanese Traders
For traders based in Taiwan, Contract for Difference (CFD) Forex trading is an enticing and ever-changing landscape.
Having explored the intricacies of this market, we have developed a deep understanding of the distinct benefits it provides to Taiwanese traders. In the sections below, we share our insights, offering a fair and impartial analysis of the advantages of CFD Forex trading in Taiwan.
A Gateway to the Global Currency Arena
CFD trading provides unparalleled access to the global currency markets, allowing you to explore various opportunities. In our view, this development has the potential to impact Taiwanese traders significantly.
It opens up opportunities for traders in Taiwan to engage in the world’s largest financial market and trade currency pairs from around the world.
Entering and exiting positions in the Forex market is made easier by its large size and liquidity. This is especially advantageous given the different time zones in which currencies are traded.
Having a global reach helps traders diversify their portfolios and allows them to take advantage of events that affect economies worldwide.
In our experience, traders in Taiwan can quickly respond to important events such as the release of US economic data or policy decisions made by the European Central Bank.
Leveraging Opportunities, Managing Risk
One aspect of CFD Forex trading that stands out is the margin trade option. Traders have the ability to manage significant positions with a relatively small amount of capital.
When used strategically, leverage can be a valuable tool for optimizing capital efficiency, as it has the potential to amplify both gains and losses.
We urge Taiwanese traders to remember that leverage comes with its own set of risks. Therefore, traders must adopt robust risk management strategies to navigate this landscape successfully.
The Ability to Hedge Positions
If you’re looking to safeguard your investments from the unpredictable ups and downs of currency fluctuations, CFD Forex trading provides hedging strategies that can help mitigate the impact of unfavorable market movements.
CFDs can be a valuable tool for managing exchange rate fluctuations for Taiwanese businesses involved in global transactions.
By using CFDs, businesses can protect themselves against unpredictable costs when dealing with cross-border expenses or revenues.
In our opinion, individual traders can also use hedging techniques to protect their investment portfolios from currency risk, reducing the potential impact of exchange rate volatility on their financial goals.
Unrestricted Short Selling
One aspect of CFD Forex trading that stands out is the lack of limitations on short selling, which we find quite appealing. This is especially advantageous during market downturns or when a trader expects a decrease in a currency’s value.
We found that Taiwanese traders can take both short and long positions, giving them the flexibility to capitalize on negative market sentiments and potentially benefit from declining markets.
According to our research, this level of adaptability found in CFD Forex trading is not commonly found in other financial markets, making it a distinctive feature.
Low Barriers to Entry
In our opinion, one of the most attractive features of CFD Forex trading is the comparatively affordable entry cost compared to other trading methods. This option is easily accessible for Taiwanese traders who may be starting with a smaller capital base.
Usually, transaction costs are factored into the spread, which helps avoid high commissions or fees that can reduce profits. In addition, the ability to trade micro or mini lots empowers traders to customize their exposure and trade per their unique risk tolerance and strategy.
Flexible Trading Hours
The continuous operation of the Forex market, which runs 24 hours a day, five days a week, is highly advantageous for Taiwanese traders. It offers the flexibility to trade at any time convenient for them.
This is especially advantageous for individuals with busy schedules, as it enables them to trade outside of regular working hours, such as early mornings, evenings, or even at night.
Overall, we found that traders in the Forex market have the advantage of being able to respond quickly to news and economic events, allowing them to take immediate action instead of waiting for the market to open.
Conclusion
We have gained valuable insights after thoroughly examining CFD platforms for Taiwanese traders. These platforms have clear advantages: they provide access to global markets and a variety of investment options, with the added appeal of leverage to potentially increase profits.
The educational resources provided are extremely beneficial for ongoing learning and keeping up with market trends, which is crucial in the fast-paced world of trading.
On the other hand, we have to recognize the opposing viewpoint. Proper risk management is crucial when dealing with leverage, as it can amplify both profits and losses.
In addition, rookie traders might find the complexity of CFDs and the market volatility overwhelming. Therefore, we advise traders to take advantage of the educational tools available to navigate these complex markets safely.
Although user-friendly and technologically advanced, the platforms themselves can sometimes have drawbacks. The wide range of features and analytical tools can be overwhelming for those new to trading.
Furthermore, gaining access to global markets comes with the need to comprehend various geopolitical landscapes, which can be quite a daunting task.
Overall, from what we’ve seen, CFD platforms provide a plethora of opportunities, but it’s important to approach them with caution and a commitment to learning.
Approaching the journey into CFD trading requires a careful balance between embracing the potential opportunities and acknowledging the inherent risks involved.
Frequently Ask Questions
What is a computational fluid dynamics platform?
A CFD platform enables you to trade Contracts for Difference (CFDs). These derivative contracts allow you to speculate on the price fluctuations of various financial assets such as stocks, indices, commodities, and currency without actually owning the asset.
Are CFDs allowed in Taiwan?
Yes. CFD trading is permitted in Taiwan. However, choosing a regulated platform is critical to ensuring the safety of your money.
Is CFD trading beneficial for traders in Taiwan?
Yes. CFD trading can be beneficial for traders in Taiwan. However, traders must note that it’s a high risk, and most retail traders lose money.
How essential are fees to Taiwanese CFD traders?
They are extremely important. Taiwanese CFD traders must carefully examine fees, as reduced costs can dramatically affect profitability, especially for active and high-volume traders.
Can Taiwanese traders trade CFDs at any time during the day?
Yes, the Forex market’s 24-hour nature enables Taiwanese players to engage in CFD trading anytime, making it ideal for people with various schedules and time zones.