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5 Best MT5 Brokers in Taiwan
5 best MT5 Forex brokers in Taiwan revealed. We have explored and tested several prominent MT5 Forex brokers in Taiwan to identify the 5 best. This is a complete guide to Taiwan’s 5 best MT5 Forex brokers.
In this in-depth guide, you’ll learn:
What is MT5?
Who are the 5 ultimate MT5 forex brokers for traders in Taiwan?
How do you choose the best MT5 Forex broker in Asia?
Who are the best Forex brokers on our list?
Beginner resources for traders in Taiwan who are learning to use MT5.
And lots more…
So, if you’re ready to go “all in” with 5 best MT5 Forex brokers in Taiwan…
Let’s dive right in…
10 Best Forex Brokers in Taiwan
Rank
Broker
Review
Regulators
Min Deposit
Official Site
What is MT5?
MetaTrader 5 (MT5) is a comprehensive Forex trading platform in Taiwan that offers advanced tools for traders. With a user-friendly interface, it provides access to a diverse range of financial instruments, including currencies, commodities, and indices. MT5 empowers traders with advanced charting, analytical tools, and algorithmic trading capabilities for informed decision-making.
The 5 Best MT5 Brokers in Taiwan
| 🔎 Brokers | 🏛️Regulation | 👉 Open Account | ⚖️CBC Regulation? | 💰 Minimum Deposit in TWD | 📇TWD-based Account? | 💵TWD-based Deposits? |
| Exness | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA | 👉 Open Account | ❌No | Based on chosen regional deposit method | ✔️ Yes | ✔️ Yes |
| Avatrade | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA | 👉 Open Account | ❌No | 3,128.48 TWD or equivalent to $100 | ❌No | ❌No |
| HFM | FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA | 👉 Open Account | ❌No | 3,131.08 TWD or equivalent to $100 | ❌No | ❌No |
| Tickmill | Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA | 👉 Open Account | ❌No | 156.40 in TWD or $5 | ❌No | ❌No |
| Pepperstone | ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB | 👉 Open Account | ❌No | Equivalent to AU$200 | ❌No | ❌No |
5 Best MT5 Brokers in Taiwan (2024*)
- ☑️Exness – Overall, offering ultra-fast order execution.
- ☑️Avatrade – Top Islamic Account Broker.
- ☑️HFM – Verified NAD Trading Accounts.
- ☑️Tickmill – Best Forex Brokers for Advanced Namibia Traders.
- ☑️Pepperstone – Best MT4 Broker for Copy Trading.
1.Exness
Overview
Exness provides Taiwanese traders with the MetaTrader 5 (MT5) platform, delivering a seamless and efficient trading experience. Standout features include ultra-fast order execution, ensuring timely market entry and exit.
The platform supports a wide range of financial instruments, allowing traders in Taiwan to diversify their portfolios with ease.
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 distinguishes itself with competitive spreads and low transaction costs, enhancing overall profitability. Additionally, traders benefit from advanced charting tools and analysis within MT5, aiding in comprehensive market assessments.
With Exness’ user-friendly interface, reliable execution, and diverse offerings, it’s a preferred choice for traders in Taiwan navigating the dynamic Forex market.
Unique Features
| 🔎Feature | ℹ️ Information |
| 🏛️ Regulation | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA |
| 📲 Social Media Platforms | Instagram YouTube |
| ⚖️CBC Regulation? | ❌No |
| 💻Trading Accounts | Standard Account Standard Cent Account Raw Spread Account Zero Account Pro Account |
| 📊Trading Platforms | MetaTrader 4 MetaTrader 5 Exness Terminal Exness Trade app |
| 💰Minimum Deposit in TWD | Based on chosen regional deposit method |
| 🧑💻Trading Assets | Forex Metals Crypto Energies Indices Stocks |
| 📇TWD-based Account? | ✔️ Yes |
| 💵TWD-based Deposits? | ✔️ Yes |
| 💴Bonuses for Taiwanese traders? | ❌No |
| 📈Minimum spread | From 0.0 pips |
| 💻 Demo Account | ✔️ Yes |
| ☪️ Islamic Account | ✔️ Yes |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅Pros | ❌Cons |
| Each trader has the ability to modify leverage in accordance with their individual risk tolerance and trading methodology. | While adherence to regulatory requirements may vary internationally, Exness is subject to inspection at various tiers. |
| Before investing real money, speculators can acquire practical experience with virtual funds through the use of a trial account. | A minority of experienced traders may find that the platform’s features and highly customisable trading tools are inferior to those offered by other specialised platforms. |
| Exness has earned a reputation for communicating its fees, spreads, and trading terms in a transparent manner. | Although customer support representatives are available 24/7, there may be variations in the quality and timeliness of their responses. |
| With Exness, withdrawals and deposits are both complimentary. | Certain traders, in contrast to their competitors, may be dissuaded by the user interface’s prospective sophistication and complexity. |
| Withdrawal and deposit options are available locally. For the MetaTrader platform, Exness provides trading automation tools, including Expert Advisors (EAs) for Taiwanese consumers. | Potential investors seeking a broader range of investment opportunities might be dissuaded from considering Exness due to its singular focus on FX and CFDs. |
| Exness provides authorization for a wide range of account categories that are denominated in TWD. | Furthermore, the significant possibility of utilising leverage may increase the probability of experiencing considerable losses. |
| Diverse platforms and account categories facilitate trading across a multitude of marketplaces. | Notwithstanding the thoroughness of the market analysis and insights provided, a subset of traders might consider them insufficient. |
| Exness facilitates the trading of an extensive variety of assets for its clients, including commodities, FX pairs, indices, and cryptocurrencies. | |
| Through the utilisation of the Exness mobile application, users are provided with access to all trading functions offered by the organisation. | |
| Exness caters to a global clientele by means of its bilingual website and customer service. | |
| System functionality and infrastructure are routinely upgraded. | |
| The platform’s risk management capabilities include the capability to recoup investments and minimise financial losses. |
Our insights
They have a loyalty program for certain Asian countries that are called the Exness Premier program that comes with great futures and benefits for traders. The Mt5 platforms assisted me with efficient trading through Exness.
2. AvaTrade
Overview
AvaTrade’s MetaTrader 5 (MT5) platform is popular with traders in Taiwan. It provides a robust and intuitive trading environment. Standout features include AvaProtect, an innovative risk management tool that shields traders from potential losses.
With an extensive range of financial instruments, Taiwanese traders benefit from diverse trading opportunities, including forex, commodities, and indices. AvaTrade’s MT5 platform is distinguished by its advanced charting tools, which facilitate in-depth technical analysis. Additionally, automated trading options through Expert Advisors enhance efficiency.
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’s commitment to a secure and user-friendly trading experience makes it a preferred choice for Taiwanese traders navigating the complexities of the financial markets.
Unique Features
| 🔎Feature | ℹ️ Information |
| 🏛️ Regulation | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA |
| 📲 Social Media Platforms | Instagram YouTube |
| ⚖️CBC Regulation? | ❌No |
| 💻Trading Accounts | Retail Account, Professional Account |
| 📊Trading Platforms | AvaTradeGO AvaOptions AvaSocial MetaTrader 4 MetaTrader 5 DupliTrade ZuluTrade |
| 💰Minimum Deposit in TWD | 3,128.48 TWD or equivalent to $100 |
| 🧑💻Trading Assets | Forex Stocks Commodities Cryptocurrencies Treasuries Bonds Indices Exchange TradedFunds (ETFs) Options Contracts for Difference (CFDs) Precious Metals |
| 📇TWD-based Account? | ❌No |
| 💵TWD-based Deposits? | ❌No |
| 💴Bonuses for Taiwanese traders? | ✔️ Yes |
| 📈Minimum spread | From 0.0 pips |
| 💻 Demo Account | ✔️ Yes |
| ☪️ Islamic Account | ✔️ Yes |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅Pros | ❌Cons |
| AvaTrade provides competitive trading conditions for Taiwanese traders. | Traders who are residents of Taiwan are not authorised to access TWD accounts |
| Demo and Islamic accounts are both viable options. | At this time, variable spreads are not available. |
| Since its inception, AvaTrade has amassed an extensive collection of honours and cultivated a robust standing. | Both professional and retail accounts are available for use. |
| The number of trading products that are accessible on financial markets surpasses 1,250. | Inactivity-based penalties are imposed on accounts that remain dormant. |
| AvaTrade furnishes the essential trading instruments to seasoned traders. | |
| There is a vast selection of sophisticated and distinctive trading systems from which to choose. |
Our insights
They were established in 2006 and is a regulated trading platform dedicated to empowering traders of all levels. Their core values of integrity and innovation drive us to prioritize customer satisfaction and provide a wide range of instruments and platforms for a superior trading experience in Taiwan.
Through my experience and research, I found that the MT5 platform boosts the trading experience a lot in AvaTrade and is easily integrated with the trading system.
3. HFM
Overview
HFM’s MetaTrader 5 (MT5) platform delivers a tailored trading experience for Taiwanese traders. Standout features include competitive spreads, ensuring cost-effectiveness in transactions. The platform supports diverse financial instruments, enabling Taiwanese traders to engage in forex, commodities, and indices.
HFM’s MT5 stands out with advanced charting tools, facilitating comprehensive market analysis. Additionally, traders benefit from automated trading options, enhancing efficiency.
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
With a commitment to a secure and user-friendly environment, HFM emerges as a preferred choice for Taiwanese traders navigating the dynamic landscape of financial markets. It provides the tools necessary for informed decision-making and successful trading.
Unique Features
| 🔎Feature | ℹ️ Information |
| 🏛️ Regulation | FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA |
| 📲 Social Media Platforms | Instagram YouTube LinkedLn |
| ⚖️CBC Regulation? | ❌No |
| 💻Trading Accounts | Micro Account, Premium Account, HFcopy Account, Zero Spread Account, Auto Account |
| 📊Trading Platforms | MetaTrader 4 and MetaTrader 5 |
| 💰Minimum Deposit in TWD | No minimum deposit requirement |
| 🧑💻Trading Assets | Forex, Precious Metals, Energies, Indices, Shares, Commodities, Cryptocurrencies, Bonds, Stocks DMA, ETFs |
| 📇TWD-based Account? | ❌No |
| 💵TWD-based Deposits? | ❌No |
| 💴Bonuses for Taiwanese traders? | ✔️ Yes |
| 📈Minimum spread | From 0.0 pips |
| 💻 Demo Account | ✔️ Yes |
| ☪️ Islamic Account | ✔️ Yes |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
✅Pros ❌Cons
Traders benefit from HFM’s utmost leverage of 1:2000 and safeguards against negative balances. On account of the MT4 and MT5 platforms’ extensive capabilities, novice traders might be required to allocate a substantial duration to the initialization process.
Traders from Taiwan are expected to qualify for zero-pip spreads and favourable commission rates. It is possible that HFM’s incentive and promotion programmes lack the aesthetic allure and usability of those of its rivals.
Traders from Taiwan are able to utilise either MetaTrader 4 or 5, contingent upon the form of account and the device in use. Providing an extensive amount of leverage may entail substantial risk.
Apart from FX, the broker provides an extensive selection of additional financial products. Potential investors who are deterred by the broker’s insistence on utilising compound interest rates (CFDs) and foreign currency are more inclined to consider alternative investment alternatives like stocks and bonds.
HFM provides a wide array of research, instructional, and account categories in order to accommodate the needs of users with different degrees of expertise. The duration of the withdrawal procedure may vary among traders, contingent upon the withdrawal method they choose.
A swap-free account is available to Muslim traders in Taiwan. Notwithstanding the wealth of educational resources offered by HFM, individuals who are entirely uninformed about the subject may perceive the volume of information as overwhelming.
Extended waiting periods may ensue during periods of heightened demand, notwithstanding the expectation of providing exceptional customer service.
Our insights
In my opinion, HFM is a multi-asset regulated and licensed global broker, providing trading services and facilities to both retail and institutional clients in different countries.
4. Tickmill
Overview
Tickmill’s MetaTrader 5 (MT5) platform offers a dynamic and efficient trading experience. Standout features include competitive spreads, ensuring cost-effectiveness in transactions.
The platform supports diverse financial instruments, allowing Taiwanese traders to engage in forex, commodities, and indices seamlessly. Tickmill’s MT5 stands out with advanced charting tools for in-depth market analysis, empowering traders to make informed decisions.
Min Deposit
156.40 in TWD or $5
Regulators
Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA
Trading Desk
MetaTrader 4, MetaTrader 5
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
$2.00 commission per lot per trade plus spread cost
Account Activation Time
12-24 Hours
Additionally, automated trading options enhance efficiency. With a commitment to a secure and user-friendly interface, Tickmill emerges as a preferred choice for Taiwanese traders navigating the complexities of financial markets, providing essential tools for success.
Unique Features
| 🔎Feature | ℹ️ Information |
| 🏛️ Regulation | Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA |
| 📲 Social Media Platforms | Facebook YouTube LinkedLn Telegram |
| ⚖️CBC Regulation? | ❌No |
| 💻Trading Accounts | Pro Account, Classic Account, VIP Account |
| 📊Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 💰Minimum Deposit in TWD | 156.40 in TWD or $5 |
| 🧑💻Trading Assets | Forex, Stock Indices, Energies, Precious Metals, Bonds, Cryptocurrencies |
| 📇TWD-based Account? | ❌No |
| 💵TWD-based Deposits? | ❌No |
| 💴Bonuses for Taiwanese traders? | ✔️ Yes |
| 📈Minimum spread | From 0.0 pips |
| 💻 Demo Account | ✔️ Yes |
| ☪️ Islamic Account | ✔️ Yes |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅Pros | ❌Cons |
| Taiwanese nationals can access MetaTrader 4 and 5 through Tickmill. | Tickmill’s trading software is inaccessible in desktop or online editions. |
| Tickmill allows traders from Taiwan to sign up for an unlimited demo account on any platform. | Tickmill’s access to third-party tools and resources is restricted. |
| Tickmill’s patented technology and MetaTrader integration enhance the mobile trading experience. | |
| Tickmill is available for download on mobile devices running iOS or Android. |
Our insights
In my opinion the latest globally recognized forex trading platform is available for PC, Mac, iPhone and Android at Tickmill. The platform integrates with Tickmill with ease and are user friendly.
5. Pepperstone
Overview
Pepperstone’s MetaTrader 5 (MT5) platform delivers a cutting-edge trading experience. Standout features include razor-thin spreads, ensuring cost-effective transactions.
The platform supports a diverse array of financial instruments, allowing Taiwanese traders to engage seamlessly in forex, commodities, and indices. Pepperstone’s MT5 stands out with advanced charting tools for in-depth market analysis, empowering traders with informed decision-making.
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
Additionally, automated trading options enhance efficiency, catering to the dynamic needs of traders in Taiwan. With a commitment to a secure and user-friendly environment, Pepperstone emerges as a preferred choice for Taiwanese traders navigating the complexities of financial markets.
Unique Features
| 🔎Feature | ℹ️ Information |
| 🏛️ Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB |
| 📲 Social Media Platforms | Facebook YouTube LinkedLn |
| ⚖️CBC Regulation? | ❌No |
| 💻Trading Accounts | Standard Account Razor Account Professional Account Demo Account Islamic Account |
| 📊Trading Platforms | MetaTrader 4 MetaTrader 5 cTrader TradingView Myfxbook Duplitrade |
| 💰Minimum Deposit in TWD | Equivalent to AU$200 |
| 🧑💻Trading Assets | Forex Indices Shares Commodities Cryptocurrencies Futures Options |
| 📇TWD-based Account? | ❌No |
| 💵TWD-based Deposits? | ❌No |
| 💴Bonuses for Taiwanese traders? | ❌No |
| 📈Minimum spread | From 0.0 pips |
| 💻 Demo Account | ✔️ Yes |
| ☪️ Islamic Account | ✔️ Yes |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅Pros | ❌Cons |
| Pepperstone has a well-deserved reputation as a reliable brokerage firm. | There are no proprietary trading platforms on Pepperstone. |
| There are various ways to deposit and withdraw money from Pepperstone. | There are just two retail trading accounts to select from. |
| Taiwanese traders should expect competitive and small spreads on the Razor Account. | |
| Taiwanese traders can access Pepperstone 24 hours a day, seven days a week via a variety of means. | |
| The demo is freely available to all users. | |
| Pepperstone provides an execution model that doesn’t require a deal station. | |
| Pepperstone and Equinix collaborated to increase transaction execution speed and communication reliability. | |
| Traders have access to a wide range of trustworthy platforms that may be utilised on a variety of devices. | |
| Pepperstone’s dedicated support team is well-known for offering excellent customer service, assisting clients in a timely and expert manner. | |
| Pepperstone offers consumers access to over 1,200 different financial products. |
Our insights
In my opinion the MetaTrader 5 are really working efficient and assist in trading easier on the Pepperstone platform.
How to choose the best MT5 Forex brokers in Taiwan
Taiwanese traders must evaluate the following components of an MT5 Forex broker app to decide whether the broker is suited to their unique trading objectives and/or needs.
Regulations and Licenses
This is the first important component that traders must thoroughly evaluate. Reputable brokers are regulated by market regulators such as FCA, ASIC, CySEC, FSCA, and others. Taiwanese traders must beware when dealing with brokers with only offshore regulations, such as FSA, SVG BVI, FSC, and others.
Account Features
Account Features include leverage trading and margin requirements, commissions and spreads, initial deposit, additional features on retail investor accounts, and so on.
Deposits and Withdrawals
Taiwanese traders must evaluate the payment options available, the processing times on withdrawal requests, deposit currencies offered, the withdrawal fee, deposit fees, and minimum withdrawal limits, among other trading and non-trading fees.
Range of Markets
The range of markets offered refers to the number and range of tradable instruments the broker offers. Taiwanese traders must consider what they wish to trade and what is available.
Customer Support
Customer Support is another crucial factor. Taiwanese traders must check the availability of support (trading hours), the quality of support, and the promptness with which the customer support team responds to queries.
Trading Platform
A trading platform is the Taiwanese trader’s portal to the financial markets. Traders must ensure that the platform has the necessary technical indicators, fundamental analysis, economic calendar, charting, newsfeed, and other tools.
Education and Research
Education and Research come in handy to both novice traders and experienced investors. Education includes some of the following:
eBooks
Trading guides
Trading knowledge on leveraged products
A risk warning on complex instruments
Educational videos
Research can include some of the following:
Trading tools
Commentary
Status of International Markets
Price movements
Market sentiments
Whether there is a volatile market
Exchange Rates
Expert opinions and other resources can help experienced traders make informed decisions.
The Best Forex Brokers in Taiwan
In this article, we have discussed Forex trading for beginner Taiwanese traders. We have further identified the brokers that offer additional services and solutions to Taiwanese traders.
Best MetaTrader 4 / MT4 Forex Broker
Min Deposit
100 USD
Regulators
CIMA
Trading Desk
MT4, MT5, Proprietary Platform
Crypto
Yes
Total Pairs
91
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
Overall, Alpari is the best MT4 Forex broker in Taiwan. Investors see Alpari as a secure choice because of its strong reputation as a reliable market maker. When you trade with Alpari, you can be certain that your orders will be fulfilled in a microsecond or less. Alpari currently has over two million registered users.
Best MetaTrader 5 / MT5 Forex Broker
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
Overall, AvaTrade is the best MT5 Forex broker in Taiwan. Because of AvaTrade’s stellar reputation as a trustworthy broker, it has gained a great lot of respect and faith from the CFD and FX trading communities.
AvaTrade secures client assets by distributing them around several accounts at reputable, licensed institutions.
Best Forex Broker for beginners
Min Deposit
50 USD
Regulators
FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA
Trading Desk
MetaTrader 4 and MetaTrader 5
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
1% on selling and buying.
Account Activation Time
a View Days
Overall, eToro is the best Forex broker for beginners in Taiwan. A social trading and investment platform, eToro allows you to trade stocks, cryptocurrencies, commodities, and other assets.
Its intuitive UI allows investors to imitate profitable traders’ strategies and creates a lively and cooperative trading community.
Best Low Minimum Deposit Forex Broker
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
Overall, OANDA is the best low-minimum deposit Forex broker for traders in Taiwan. OANDA is a well-known online broker for currencies and financial services.
OANDA provides an easy-to-use platform for trading CFDs and foreign exchange. It is well known for having cutting-edge trading systems and cheap spreads.
It focuses on innovation and openness while providing global trading services to individual and institutional traders.
Best ECN Forex Broker
Min Deposit
5 USD
Regulators
CySEC, Asic, IFSC
Trading Desk
MetaTrader 4, MetaTrader 5
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Commission fee only.
Account Activation Time
30 minutes to 24 Hrs
Overall, XM is the best ECN forex broker in Taiwan. Renowned online FX and CFD broker XM is very satisfied with offering a wide range of trading options. Global traders can take advantage of XM’s user-friendly interface, competitive spreads, and extensive selection of assets.
Because the broker prioritizes client care and instructional resources, it is appropriate for novice and experienced traders.
Best Islamic / Swap-Free Forex Broker
Min Deposit
156.40 in TWD or $5
Regulators
Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA
Trading Desk
MetaTrader 4, MetaTrader 5
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
$2.00 commission per lot per trade plus spread cost
Account Activation Time
12-24 Hours
Overall, Tickmill is the best Islamic / Swap-Free forex broker in Taiwan. A reputable FX and CFD broker, Tickmill provides cheap spreads in a reliable trading environment.
Tickmill is well known for its openness and customer-focused philosophy, offering a wide range of financial products. It is a desirable alternative for investors worldwide because of its superior tools, educational resources, and prompt customer support.
Best Forex Trading App
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
Overall, Exness offers the best trading app for traders in Taiwan. Exness is a reputable forex broker with a strong track record of honesty and transparency. To help traders globally, Exness offers a comprehensive selection of financial products, reasonable spreads, and a user-friendly interface.
In addition to providing a secure and productive work environment, it places a high priority on customer satisfaction and technological innovation.
Best Forex Rebates Broker
Min Deposit
100 USD
Regulators
CySEC, FCA
Trading Desk
FxPro platform, MetaTrader 4, MetaTrader 5 and cTrader.
Crypto
Yes
Total Pairs
70
Islamic Account
Yes
Trading Fees
Commission charges only on FX pairs. $35 per million USD traded.
Account Activation Time
24 Hrs
Overall, FxPro is the Best Forex Rebates Broker in Taiwan. As a financial middleman for its customers, FxPro provides services like Electronic Communication Network (ECN) and Straight Through Processing (STP).
Retail foreign exchange dealers are eligible for refunds in the form of compensating returns, with a monthly maximum of thirty percent.
Best Lowest Spread Forex Broker
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
Overall, Pepperstone is the best forex broker with the lowest spread in Taiwan. Popular FX and CFD broker Pepperstone is renowned for its cutting-edge trading technology and cheap spreads.
Pepperstone provides traders worldwide with a large selection of assets, an easy-to-use interface, and excellent customer service. Because the broker places a high value on innovation and transparency, clients can trade with it in a dynamic and approachable way.
Best Nasdaq 100 Forex Broker
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
Overall, IG is the best Nasdaq 100 forex broker in Taiwan. The IG Group is a trustworthy online trading platform that provides spread betting, CFDs, and FX.
IG Group provides a friendly user experience with a large range of financial products, powerful trading tools, and instructional materials. Because of its global reputation for dependability, transparency, and accessibility, it is a popular alternative for traders.
Best Volatility 75 / VIX 75 Forex Broker
Min Deposit
200 USD
Regulators
FSA
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low spreads
Account Activation Time
48 Hrs
Overall, IC Markets is the best Volatility 75 / VIX 75 forex broker in Taiwan. Reputable FX and CFD broker IC Markets provides fair spreads and institutional-level trading conditions.
IC Markets offers a comprehensive range of financial instruments on a stable trading platform, catering to both professional and novice traders. It is well known for its state-of-the-art technology, stability, and transparency.
Best NDD Forex Broker
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
Overall, BDSwiss is the best NDD forex broker in Taiwan. A reliable FX and CFD broker, BDSwiss provides traders all over the world with an easy-to-use interface.
With a large selection of assets and affordable spreads, BDSwiss offers a full trading experience. The broker prioritises client education, security, and innovation to provide an atmosphere that is appropriate for both inexperienced and seasoned traders.
Best STP Forex Broker
Min Deposit
5 USD
Regulators
CySEC, MISA, FSCA
Trading Desk
MT4, MT5, OctaTrader
Crypto
Yes
Total Pairs
80+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hrs
Overall, Octa is the best STP forex broker in Taiwan. Octa is well-known for its user-friendly website and attractive trading conditions. Regardless of experience level, Octa provides traders with a large range of global financial products.
The broker values transparency, minimal spreads, and prompt client service, which fosters a reliable and friendly trading environment.
Best Sign-up Bonus Broker
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
Overall, HFM is the best sign-up bonus broker in Taiwan. A well-known commodities and forex broker, HFM provides a full trading interface with competitive spreads.
HFM is well known for its customer-centric philosophy and wide selection of financial instruments. It offers services to traders globally and strongly emphasizes innovation and transparency.
MT5 Education for Beginner Traders in Taiwan
For beginner traders in Taiwan, gaining a solid understanding of the basics of the MetaTrader 5 (MT5) platform is crucial.
This includes learning about the user interface, order execution, and basic charting features. Many online resources, including tutorials provided by brokers and the official MT5 website, offer comprehensive guides for beginners.
Educational Webinars and Courses
To delve deeper into MT5 functionalities, beginner traders can benefit from educational webinars and courses.
These resources often cover various topics, from navigating the platform to employing various technical analysis tools. Many brokers, including those serving the Taiwanese market, host regular webinars to guide new users through the intricacies of MT5.
Practicing with Demo Accounts
One of the most effective ways for beginner traders in Taiwan to learn MT5 is by practicing with demo accounts. These accounts allow users to trade in a risk-free environment using virtual funds.
It’s an excellent opportunity to familiarize oneself with the platform, test different strategies, and build confidence without fearing financial loss.
Community Forums and Social Trading
Engaging with online trading communities and forums can provide valuable insights for beginners. Taiwan-based traders can join platforms where experienced users share tips and strategies and troubleshoot common issues related to MT5.
Social trading features on MT5 also allow beginners to observe and replicate the trades of successful investors, facilitating a learning-by-doing approach.
MT5 Mobile App Usage
With an increasing number of traders using mobile devices, understanding the functionality of the MT5 mobile app is crucial.
Beginner traders in Taiwan can explore features such as real-time market monitoring, order execution, and mobile-friendly charting tools. This knowledge ensures flexibility and the ability to trade on the go.
Continuous Learning and Keeping Abreast of Updates
MT5, like any software, undergoes updates and improvements. Beginner traders should stay informed about the latest features and enhancements.
Regularly checking the official MT5 website, broker announcements, and industry news helps traders in Taiwan stay current with the platform’s capabilities.
Conclusion
Overall, for novice traders in Taiwan, navigating the world of MT5 brokers requires a multifaceted approach. Utilizing educational resources, practicing on demo accounts, engaging with online communities, and staying informed about platform updates collectively empower beginners to confidently leverage the features of MT5 for successful trading endeavors.
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Frequently Asked Questions
How can traders in Taiwan access educational resources to learn MT5 effectively?
Explore online tutorials, webinars provided by brokers, and official MT5 resources for comprehensive learning.
Are there specific MT5 features tailored for traders in Taiwan?
Discover features relevant to Taiwanese traders by checking broker announcements, forums, and official platform updates.
What benefits does practice with a demo account offer for learning MT5 in Taiwan?
A demo account allows Taiwanese traders to practice without financial risk, gaining hands-on experience with the MT5 platform.
How can Taiwanese traders engage with online trading communities or forums to enhance my understanding of MT5?
Join forums where experienced traders share insights. Participate in discussions and seek advice from the trading community.
Where can Taiwanese traders stay updated about the latest developments and updates related to MT5?
Regularly check the official MT5 website, broker announcements, and industry news to stay informed about the latest features and enhancements.
What is MetaTrader 5 (MT5) and why is it popular among Taiwanese traders on Exness?
MT5 is a comprehensive trading platform offering advanced tools. Taiwanese traders prefer it on Exness due to its user-friendly interface and diverse financial instruments.
How does Exness ensure fast order execution for traders in Taiwan using the MT5 platform?
Exness prioritizes ultra-fast order execution, ensuring timely market entry and exit, a key factor for traders in Taiwan.
How does AvaTrade’s MT5 platform support diverse trading opportunities?
AvaTrade’s MT5 platform provides Taiwanese traders with a wide array of trading opportunities across various financial instruments, enhancing portfolio diversity.
What advanced charting tools are offered on AvaTrade’s MT5 platform for traders in Taiwan?
AvaTrade’s MT5 platform boasts advanced charting tools, empowering traders in Taiwan with in-depth technical analysis capabilities.
What resources and support does HFM provide to help Taiwanese traders effectively utilize the features of the MT5 platform?
HFM offers resources and support to assist Taiwanese traders in effectively utilizing the features of the MT5 platform, ensuring a seamless trading experience.
How does HFM ensure cost-effectiveness in transactions for traders in Taiwan using its MT5 platform?
HFM ensures cost-effectiveness in transactions for traders in Taiwan through competitive spreads on its MT5 platform, providing a favorable trading environment.
How do razor-thin spreads on Pepperstone’s MT5 platform benefit traders in Taiwan?
Razor-thin spreads on Pepperstone’s MT5 platform ensure cost-effective transactions for traders in Taiwan.
What types of financial instruments are available on Pepperstone’s MT5 platform for traders in Taiwan?
Pepperstone’s MT5 platform in Taiwan supports a diverse range of financial instruments, including forex, commodities, and indices.
How can traders in Taiwan access Tickmill’s MT5 platform to benefit from its advanced features?
Traders in Taiwan can easily access Tickmill’s MT5 platform through the provided channels, enabling them to leverage its advanced features for successful trading.
What resources and support does Tickmill provide to help Taiwanese traders effectively utilize the features of the MT5 platform?
Tickmill offers resources and support to assist Taiwanese traders in effectively utilizing the features of the MT5 platform, ensuring a seamless trading experience.