Best Forex Brokers in Taiwan: Compared
In Taiwan, the Financial Supervisory Commission (FSC) says anyone conducting securities or futures business in Taiwan without its licence breaches the Securities Trading Act, the Futures Trading Act or the Securities Investment Trust and Consulting Act and is subject to criminal charges, and that there is no regulatory safeguard for investors on unregulated online platforms. None of the offshore brokers we cover is, as far as we found, FSC-licensed, and none names Taiwan as excluded.
Brokers we cover
| Broker | Min deposit | Bonus | Licence | Visit broker | ||
|---|---|---|---|---|---|---|
| 4.9/5Editorial rating | 1,000:1 | $5 | 100% deposit bonus | FSC Belize | Visit | |
| 4.3/5 | Unlimited | $50 | Promotions vary by region | FSCA South Africa 51268 | Visit | |
| 4.2/5 | 2,000:1 | Standard from about $10 | None | FSA Seychelles SD025, CBCS Curaçao, FSC BVI, FSC Belize, F… | Visit | |
| 4.1/5 | 2,000:1 | $0 | Deposit bonus | CySEC 183/12, FCA 801701, FSCA 46632, FSA SD015, CMA 155 | Visit | |
| 4.1/5 | 2,000:1 | No minimum | No deposit bonus listed | FSA Seychelles SD089 | Visit | |
| 4.1/5 | 5,000:1 | $0 | Deposit bonuses | FSA Seychelles SD019 | Visit | |
| 3.7/5 | 2,000:1 | No minimum | No deposit or sign-up bonus | Vanuatu FSC | Visit | |
| 3.2/5 | 2,222:1 | No minimum deposit | Three-tier deposit bonus up to $13,840 | Comoros | Visit |
The legal position: the FSC
Taiwan’s Financial Supervisory Commission (FSC), through its Securities and Futures Bureau, supervises securities and futures business in Taiwan. In its press release “FSC warns investors about trading on unregulated online platforms” (July 2020), the FSC says:
- unlicensed firms may not run securities or futures businesses in Taiwan, and anyone doing so without an FSC licence contravenes the Securities Trading Act, the Futures Trading Act and the Securities Investment Trust and Consulting Act, and is subject to criminal charges;
- offshore, unlicensed platforms increasingly reach Taiwanese investors through social media and online marketing;
- “there is no regulatory safeguard for investors who choose to transact on unregulated online trading platforms”, and claims against overseas operators can be hard to pursue.
The same release recalls the FSC’s alert of 29 November 2019 naming eToro as an unlicensed firm marketing to Taiwanese investors. This page describes the regulator’s position in general; it isn’t legal advice.
How to check a broker
- Search the FSC’s list of regulated firms.
- Check the IOSCO International Investor Alerts portal, which the FSC also recommends, for warnings by other regulators.
- If a platform claims a Taiwanese licence, match the company name and licence on the FSC’s list exactly.
Our guides to forex licences and scam warning signs explain what to look for.
Which brokers we cover accept Taiwan
From each broker’s own site, checked 31 October 2026:
| Broker | What its own site says about Taiwan |
|---|---|
| XM (XM Global) | Not stated; its restricted list names the US, Canada, Israel and Iran |
| Not stated; its list names the USA, Canada, Iran, North Korea, Europe, the UK, Russia, Belarus “and others” | |
| Not stated; it excludes India, Canada, China, Hong Kong, Singapore, the US and FATF-listed jurisdictions | |
| Not on its unsupported-countries list | |
| Not stated (it excludes only EU and UK residents) | |
| Not stated (it names the USA, Iran and North Korea) | |
| Not stated (it names the USA, Iran and Macau, and in principle Malaysia and Japan) | |
| Not stated on its public pages; HFM’s registration form shows whether your country is accepted |
“Not stated” means the site neither accepts nor excludes Taiwan by name. Given the FSC’s warning, a broker accepting your registration doesn’t make it a licensed provider in Taiwan.
Funding in New Taiwan dollars
None of the brokers we cover lists a Taiwan-specific payment method on the public pages we read. Exness and Vantage show methods by region after registration. Money sent to an unlicensed offshore platform is outside Taiwanese regulatory protection, as the FSC points out.
Offshore vs FSC-regulated
Offshore brokers usually offer higher leverage and bonuses. The trade-off is that you rely entirely on the offshore company and its home regulator. Before choosing, read regulated vs offshore brokers, how client funds are protected and, if leverage is the draw, our leverage guide.
Tax
Check the Ministry of Finance, the National Taxation Bureau or a tax adviser. Our forex tax guide explains the general principle that your residence decides.
Bottom line
The FSC’s position is clear: unlicensed securities and futures business in Taiwan is a criminal matter for the operator, and investors on those platforms have no regulatory safeguard. Use the FSC’s list of regulated firms before opening any account, and treat social-media offers with extra care. Before you fund an account, ask your bank how it handles transfers to overseas brokers and what it charges.
Frequently asked questions
Is forex trading legal in Taiwan?
Trading through FSC-regulated firms is the regulated route. The FSC warns that unlicensed firms conducting securities or futures business in Taiwan are subject to criminal charges and that investors on unregulated platforms have no regulatory safeguard.
Has the FSC warned about specific offshore platforms?
Yes. In a 2020 press release it recalled its alert of 29 November 2019 that eToro was an unlicensed firm marketing to Taiwanese investors.
How do I check a broker in Taiwan?
Use the FSC's list of regulated firms and the IOSCO international investor alerts portal, both linked from the FSC's warning.
Do the brokers you cover accept Taiwanese residents?
None of them names Taiwan as excluded on its own site. That doesn't mean they are licensed to do business in Taiwan.
How are trading gains taxed in Taiwan?
Check the Ministry of Finance or the National Taxation Bureau, or a tax adviser. We don't give tax advice.