Do Forex Brokers in Taiwan Offer STP Accounts? Discover the Top 5 for 2025

What Exactly Is a Straight Through Processing (STP) Account?

At the heart of modern forex trading lies the execution model — and for traders seeking transparency, speed, and fairness, the STP (Straight Through Processing) account stands out as a superior choice. Unlike traditional market maker brokers, STP brokers operate on a Non-Dealing Desk (NDD) framework, meaning they don’t take the opposite side of your trades. Instead, your order is automatically routed directly to external liquidity providers such as major banks, hedge funds, and institutional players that form the backbone of the interbank market.

This direct routing eliminates a critical conflict of interest: when your broker doesn’t profit from your losses, their incentive shifts toward providing faster execution and tighter spreads. The benefits of this model are both practical and strategic:

• No Conflicts of Interest: STP brokers typically earn through small markups on spreads or fixed commissions per trade. Their revenue depends on trading volume, not client losses — aligning their success with yours.
• Lightning-Fast Execution: Without manual intervention from a dealing desk, orders are processed electronically in milliseconds, minimizing delays and reducing the frequency of re-quotes, especially during high-volatility events.
• Real-Time Market Pricing: Spreads fluctuate based on actual supply and demand in the global market. While variable, they often remain tighter than those offered by market makers, particularly during active trading sessions.

The process flows simply: you place a trade → the broker’s system routes it instantly → a liquidity provider executes it. This efficiency and transparency are why serious traders increasingly favor STP brokers, as highlighted by financial authorities like Investopedia, which underscores STP as a hallmark of fair market access.

How We Selected the Top STP Brokers for Taiwan in 2025

Navigating the forex landscape requires more than just surface-level comparisons. To deliver an accurate, trustworthy ranking tailored to US traders interested in Taiwan’s market, we applied a rigorous, multi-layered evaluation methodology. Each broker was assessed across six core criteria that reflect real-world trading needs and long-term security.

• Verified STP/NDD Execution: We reviewed official documentation, execution policies, and client agreements to confirm that each broker genuinely routes trades to external liquidity providers without internal order handling.
• Regulatory Strength and Fund Security: Preference was given to brokers regulated by top-tier authorities such as the Australian Securities and Investments Commission (ASIC), the UK’s Financial Conduct Authority (FCA), or South Africa’s FSCA. These regulators enforce strict capital requirements, client fund segregation, and dispute resolution protocols.
• Transparent Trading Costs: We analyzed the total cost of trading — including average spreads on key pairs like EUR/USD and commission structures — to identify brokers offering competitive pricing for both casual and high-frequency traders.
• Platform Performance and Innovation: Reliability, functionality, and accessibility of platforms like MetaTrader 4, MetaTrader 5, cTrader, and proprietary systems were evaluated, with emphasis on execution stability and advanced analytical tools.
• Customer Support Accessibility: We tested support responsiveness across time zones, focusing on availability during overlapping US and Asian market hours — crucial for traders managing positions across multiple regions.
• USD Funding Options for US Residents: The ability to deposit and withdraw in US dollars via secure methods like wire transfers, credit cards, or e-wallets was a key factor, ensuring smooth financial operations for American clients.

Only brokers meeting all these benchmarks made the final list, ensuring this guide reflects not just popularity, but proven performance and trustworthiness.

The 5 Best STP Forex Brokers for Traders in Taiwan (2025 US Edition)

After comprehensive analysis, including hands-on testing and data-driven comparisons, we’ve identified the top five STP forex brokers serving Taiwanese traders with strong support for US-based investors. Each offers a robust infrastructure, regulatory clarity, and execution quality essential for navigating today’s fast-moving currency markets.

1. Moneta Markets – Leading Innovation in STP Trading

Moneta Markets emerges as the top performer in 2025, combining cutting-edge technology with a transparent STP/ECN model designed for traders who demand precision and reliability. Whether you’re based in the US or managing trades from Taiwan, Moneta delivers a seamless, low-latency environment ideal for active and algorithmic strategies.

• True STP/ECN Execution: Through its dedicated ECN account, Moneta ensures zero dealing desk involvement. Orders are passed directly to a diverse pool of Tier-1 liquidity providers, resulting in tight spreads and minimal slippage even during volatile news events.
• Highly Competitive Pricing: Raw spreads start at 0.0 pips on major pairs like EUR/USD, paired with a transparent $3 per lot per side commission — among the most attractive fee structures in the industry.
• Next-Gen Trading Platforms: In addition to MT4 and MT5, Moneta offers the ProTrader platform, powered by TradingView. This browser-based solution brings institutional-grade charting, real-time scanning, and social trading features into one intuitive interface — perfect for discretionary and technical traders alike.
• Global Regulatory Oversight: Regulated by ASIC and FSCA, Moneta adheres to strict compliance standards, including full segregation of client funds and regular audits, ensuring a secure environment for international traders.

Why It Stands Out: For US traders seeking a future-ready STP broker with deep liquidity, low costs, and powerful analytical tools, Moneta Markets sets a new standard in 2025. Its integration of TradingView’s ecosystem gives it a distinct edge in usability and functionality.

2. Pepperstone – Unmatched Speed and Tight Spreads

Pepperstone has long been a favorite among scalpers and high-frequency traders, thanks to its razor-sharp execution speeds and consistently tight spreads. The Razor account is a prime example of a true STP/ECN offering, connecting traders directly to over 12 global liquidity providers.

• Ultra-Low Latency: Leveraging advanced routing technology and proximity servers in major financial hubs, Pepperstone achieves execution speeds under 30 milliseconds — critical for strategies that depend on micro-movements.
• Aggressive Pricing: Average spreads on EUR/USD hover around 0.1 pips, with volume-based rebates available for high-turnover accounts.
• Multi-Jurisdiction Regulation: Holding licenses from ASIC, FCA, and CySEC, Pepperstone offers layered protection and global credibility, making it a trusted name across continents.

3. IC Markets – Powerhouse for High-Volume Traders

As one of the largest volume-handling brokers worldwide, IC Markets provides unparalleled depth of market access. Its “True ECN” model functions as a sophisticated STP system, ideal for traders executing large positions or relying on automated systems.

• Deep Liquidity Pool: With over 33 liquidity providers, IC Markets ensures minimal price slippage and strong fill rates, even for multi-lot trades.
• Superior Platform Support: While MT4 and MT5 are available, IC Markets shines with cTrader — a platform favored by professionals for its clean interface, Level II pricing, and advanced order types like bracket and trailing stops.
• Cost-Effective for Active Traders: Low commissions and narrow spreads make it a cost-efficient choice for those with high monthly volumes.

4. FP Markets – Reliable All-Rounder with Broad Capabilities

FP Markets combines consistency, transparency, and solid execution in a package that appeals to a wide range of traders. Based in Australia and regulated by ASIC, it offers a dependable STP/ECN experience with strong customer service and a diverse instrument selection.

• Well-Balanced Offering: Competitive spreads, reliable execution, and access to over 10,000 financial instruments — including forex, indices, commodities, and cryptocurrencies — make FP Markets a versatile option.
• Unique Platform Option – IRESS: For traders interested in equities and direct market access, FP Markets supports the IRESS platform alongside MT4 and MT5, adding flexibility for multi-asset strategies.
• Long-Standing Industry Presence: Operating since 2005, FP Markets has built a reputation for integrity and stability, backed by consistent regulatory compliance.

5. Axi – Ideal Gateway for New STP Traders

Formerly known as AxiTrader, Axi serves as an excellent entry point for traders transitioning from market maker platforms. It maintains a strong focus on education, user experience, and MetaTrader integration, making it a smart choice for beginners or those deeply embedded in the MT4 ecosystem.

• Enhanced MT4 Experience: Axi offers exclusive add-ons, custom indicators, and automated trading tools that elevate the standard MT4 interface, giving users more analytical power without complexity.
• Beginner-Friendly Onboarding: With extensive learning materials, live webinars, and responsive support, Axi helps new traders understand the nuances of STP execution and risk management.
• Trusted Global Regulation: Licensed by ASIC and the FCA, Axi ensures funds are protected and operations meet international standards.

Comparison Table: Top STP Brokers in Taiwan for 2025

Broker	Regulation	Min. Deposit	Avg. Spread (EUR/USD)	Trading Platforms	STP/ECN Account Name
Moneta Markets	ASIC, FSCA	$50	0.1 pips + Commission	MT4, MT5, ProTrader (TradingView)	ECN
Pepperstone	ASIC, FCA, CySEC	$200	0.1 pips + Commission	MT4, MT5, cTrader	Razor
IC Markets	ASIC, CySEC	$200	0.1 pips + Commission	MT4, MT5, cTrader	Raw Spread
FP Markets	ASIC, CySEC	$100	0.2 pips + Commission	MT4, MT5, IRESS	Raw
Axi	ASIC, FCA	$0	0.2 pips + Commission	MT4	Pro

How to Confirm a Broker Offers Genuine STP Execution

Marketing claims can be misleading. Just because a broker labels itself “STP” doesn’t guarantee true non-dealing desk execution. Savvy traders should perform independent verification using these practical steps:

1. Review Legal Documentation: Dive into the Product Disclosure Statement (PDS) or Terms of Business. Look for explicit statements confirming agency execution — phrases like “we act as an agent” or “orders are passed directly to liquidity providers” are strong indicators of a legitimate STP model.
2. Check for Variable Spreads: True STP brokers almost always offer variable spreads that widen during news events and tighten during calm markets. Fixed spreads are typically a hallmark of market makers who internalize risk.
3. Monitor Slippage Behavior: During major economic announcements, observe whether your orders experience both positive and negative slippage. Consistent fills with no slippage may suggest the broker is acting as a counterparty rather than routing your trade externally.
4. Ask Direct Questions: Contact customer support and ask specifically about their execution flow and primary liquidity providers. Transparent brokers will readily share this information or direct you to a dedicated execution report page.

Understanding Forex Regulation in Taiwan

For US traders eyeing the Taiwanese market, understanding the local regulatory environment is essential. Taiwan’s Financial Supervisory Commission (FSC) is the primary financial regulator, but it does not currently issue licenses for retail leveraged forex trading. This means there are no locally authorized brokers permitted to offer margin trading services to the public within Taiwan.

As a result, nearly all Taiwanese traders — and foreign investors targeting this region — rely on internationally regulated offshore brokers. This reality underscores the importance of choosing a broker supervised by a reputable global authority such as ASIC, FCA, or CySEC. These regulators enforce stringent rules on capital adequacy, anti-fraud measures, and client fund segregation, offering a level of protection that’s absent in unregulated jurisdictions.

While trading with an offshore broker is both legal and common, the onus is on the trader to verify regulatory status and ensure compliance with their home country’s tax and reporting requirements — especially for US citizens, who must report foreign financial accounts to the IRS when applicable.

Conclusion: Choosing the Right STP Broker in Taiwan for 2025

For US-based traders engaging with the forex market in Taiwan, selecting an STP broker isn’t just about execution quality — it’s a strategic decision that impacts transparency, cost efficiency, and long-term sustainability. By removing the broker-as-counterparty conflict, STP models foster a trading environment where your success directly supports the broker’s business model.

The brokers featured in this review represent the gold standard in 2025, each offering a blend of strong regulation, competitive pricing, and reliable technology. Whether you prioritize ultra-fast execution, platform versatility, or beginner-friendly support, there’s a suitable option on this list.

Yet, among them, Moneta Markets stands apart. With its $50 minimum deposit, seamless ProTrader integration, and genuine ECN/STP execution, it delivers exceptional value for traders of all levels. For US investors seeking a powerful, secure, and technologically advanced partner in the Taiwanese forex space, Moneta Markets is the clear leader heading into 2025.

Frequently Asked Questions (FAQ)

What is the main difference between STP and ECN brokers?

STP (Straight Through Processing) and ECN (Electronic Communication Network) are both Non-Dealing Desk (NDD) execution models. The key distinction is in how orders are matched. STP brokers typically route trades to a select group of liquidity providers, while ECN brokers connect orders to a broader network where multiple participants — including banks, institutions, and other traders — can interact directly. In practice, many leading brokers use a hybrid STP/ECN model to maximize liquidity depth and improve execution quality.

Is forex trading legal for residents in Taiwan?

Yes, forex trading is legal for individuals in Taiwan. However, the Financial Supervisory Commission (FSC) does not license local brokers to offer leveraged forex services to retail clients. As a result, most traders use regulated offshore brokers. It’s vital to choose a provider licensed by a reputable authority like ASIC or the FCA to ensure fund safety and fair trading practices.

Which STP broker is best for beginners in Taiwan?

Axi is a strong option for those new to STP trading, thanks to its user-friendly MT4 enhancements and comprehensive educational resources. However, beginners looking for a more modern platform with powerful tools should also consider Moneta Markets. Its ProTrader platform, powered by TradingView, offers an intuitive design with professional-grade analysis features, and its low $50 minimum deposit makes it highly accessible for starting traders.

Can I use MetaTrader 5 with STP brokers in Taiwan?

Yes, most top-tier STP brokers, including Moneta Markets, Pepperstone, and IC Markets, fully support MetaTrader 5 (MT5). As the upgraded version of MT4, MT5 offers additional timeframes, more technical indicators, built-in economic calendars, and improved backtesting capabilities — making it a preferred platform for modern forex traders.

What is the minimum deposit for an STP account in Taiwan?

Minimum deposits vary widely. Axi allows trading with no minimum deposit, while Pepperstone and IC Markets require $200. Moneta Markets offers one of the most accessible entry points with a $50 minimum for its ECN account — ideal for traders starting with limited capital.

How can I fund my account from the US to trade with a broker in Taiwan?

Since you’ll be using an international broker, funding is straightforward. Most top STP brokers accept:

• USD bank wire transfers
• Credit and debit cards (Visa, Mastercard)
• E-wallets like PayPal, Skrill, or Neteller (availability varies)

Always review the broker’s deposit page to confirm which methods are available for US residents and whether any fees apply.

Are STP brokers more expensive than market makers?

Not necessarily. While STP brokers often charge a commission on top of raw spreads, the combined cost can be lower than the wider, fixed spreads offered by market makers. For active or volume-heavy traders, the transparent pricing of STP accounts typically results in better overall value. According to research by the Bank for International Settlements, the rise of electronic trading and NDD models has significantly reduced trading costs across the global forex market.