Compare the best day trading brokers in Taiwan and their online trading platforms to make sure you pick the most appropriate to your needs. Use the comparison of spreads, range of markets and platform features to decide what will help you maximise your returns. No single broker can be said to be best at all times for everyone where you should open a trading account is an individual choice.

Here we list and compare the top brokers for day traders in 2019 with full reviews of their interactive trading platforms. So whether you are a forex trader or want to speculate on cryptocurrency, stocks or indices, use our broker comparison list to find the best trading platform for day traders.

Plus500 Offer CFD and forex trading via the popular Webtrader online trading platform. With tight spreads and no commission, they are a leading global brand.

Plus500 Offer CFD and forex trading via the popular Webtrader online trading platform. With tight spreads and no commission, they are a leading global brand.

Markets.com offer CFDs across a huge range of assets from shares and indices to commodities and cryptocurrencies.

Trade Forex on 0.0 pip spreads with the worlds leading True ECN forex broker – IC Markets.

Trade Forex on 0.0 pip spreads with the worlds leading True ECN forex broker – IC Markets.

BDSwiss offer 250+ Shares, Indices, Forex, Commodities and Cryptocurrencies markets via CFDs. With spreads from 1 pip and an award winning app, they offer a great package.

BDSwiss offer 250+ Shares, Indices, Forex, Commodities and Cryptocurrencies markets via CFDs. With spreads from 1 pip and an award winning app, they offer a great package.

Leading forex and CFD broker regulated in Ireland, Australia and South Africa. Avatrade are particularly strong in integration, including MT4

Leading forex and CFD broker regulated in Ireland, Australia and South Africa. Avatrade are particularly strong in integration, including MT4

Forex.com boast a global reputation. Regulated in the UK, US, Canada and Australia they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.

Trading 212 Offer a truly mobile trading experience. With tight spreads and a huge range of markets, they offer a dynamic and detailed trading environment.

Trading 212 Offer a truly mobile trading experience. With tight spreads and a huge range of markets, they offer a dynamic and detailed trading environment.

XTB are an FCA regulated brand offering CFD and Forex trades. They offer 3 levels of account, Including Professional.

XTB are an FCA regulated brand offering CFD and Forex trades. They offer 3 levels of account, Including Professional.

eToro pioneered the social trading concept, making CFD, Forex and Crypto investing accessible to everyone. FCA regulated.

eToro pioneered the social trading concept, making CFD, Forex and Crypto investing accessible to everyone. FCA regulated.

Open an account with just $10. Trade over 14 Cryptocurrencies directly, traditional forex with low spreads or trade digital options with payouts up to 900%.

Open an account with just $10. Trade over 14 Cryptocurrencies directly, traditional forex with low spreads or trade digital options with payouts up to 900%.

Vantage FX are a Raw ECN Forex broker, regulated by ASIC is Australia. Boasting MT4, MT5 and Webtrader platforms, a range of account types and a deposit bonus of up to 50%

Vantage FX are a Raw ECN Forex broker, regulated by ASIC is Australia. Boasting MT4, MT5 and Webtrader platforms, a range of account types and a deposit bonus of up to 50%

Global brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features.

Global brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features.

Trade nearly 200+ global stocks at 24Option via CFDs. Spreads are competitive and stop loss and take profit orders are available. Even trade new cannabis firms in Canada!

Trade nearly 200+ global stocks at 24Option via CFDs. Spreads are competitive and stop loss and take profit orders are available. Even trade new cannabis firms in Canada!

Binary.com are the established pioneers of binary options. The choice of the advanced trader, Binary.com offer the greatest flexibility on any binary broker.

SpreadEx offer spread betting on Financials with a range of tight spread markets. Popular award winning, UK regulated broker.

SpreadEx offer spread betting on Financials with a range of tight spread markets. Popular award winning, UK regulated broker.

IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA Regulated, boast a great trading app and have a 40 year track record of excellence.

IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA Regulated, boast a great trading app and have a 40 year track record of excellence.

Based in Australia, HighLow offer a superior binary options experience. Regulated by ASIC, the firm run an honest and transparent service with a great platform.

Based in Australia, HighLow offer a superior binary options experience. Regulated by ASIC, the firm run an honest and transparent service with a great platform.

Multi-Award winning broker. Specialising in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.

Multi-Award winning broker. Specialising in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.

New Forex broker Videforex can accept US clients and accounts can be funded in a range of cryptocurrencies. Payouts reach 95% per trade.

New Forex broker Videforex can accept US clients and accounts can be funded in a range of cryptocurrencies. Payouts reach 95% per trade.

A regulated bank, Saxobank offer CFD, Stocks and Forex trading on 35,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms

A regulated bank, Saxobank offer CFD, Stocks and Forex trading on 35,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms

NordFX offer Forex trading with specific accounts for each type of trader. Zero accounts offer spread from 0 pips, while the Crypto offers optimal cryptocurrency trading. Open account from just $10.

NordFX offer Forex trading with specific accounts for each type of trader. Zero accounts offer spread from 0 pips, while the Crypto offers optimal cryptocurrency trading. Open account from just $10.

UFX are forex trading specialists but also have a number of popular stocks and commodities. Offering tight spreads and one of the best ranges of major and minor pairs on offer, they are a great option for forex traders.

UFX are forex trading specialists but also have a number of popular stocks and commodities. Offering tight spreads and one of the best ranges of major and minor pairs on offer, they are a great option for forex traders.

Ayondo offer trading across a huge range of markets and assets. They also offer negative balance protection and social trading.

Ayondo offer trading across a huge range of markets and assets. They also offer negative balance protection and social trading.

FXCM are an FCA regulated, London based broker. Companies under the FXCM umbrella are also regulated in Australia and Canada.

FXCM are an FCA regulated, London based broker. Companies under the FXCM umbrella are also regulated in Australia and Canada.

Zulutrade provide multiple automation and copy trading options across forex, indices, stocks, cryptocurrency and commodities markets

Zulutrade provide multiple automation and copy trading options across forex, indices, stocks, cryptocurrency and commodities markets

Deposit and trade with a Bitcoin funded account! Binarycent accept deposits in, and trade, 15+ Cryptocurrency types.

Deposit and trade with a Bitcoin funded account! Binarycent accept deposits in, and trade, 15+ Cryptocurrency types.

Invest.com provide portfolio management plus standard trading. Leverage and spreads improve with each account level – Bronze, Silver or Gold

Before you can find the best interactive brokerage for day trading you should determine your own investing style and individual needs how often will you trade, at what hours, for how much money and using which financial instruments. Then when choosing between all the top rated day trading brokers, there are several factors you can take into account. If you simply pick the cheapest, you might have to compromise on platform features. There is no one size fits all when it comes to brokers and their trading platforms. The best brokerage will tick all of your individual requirements and details.

These are some of key points and areas to compare in this competitive market:

As a day trader placing numerous trades intraday, low commissions over a long period will bolster your overall profit.

If you can anticipate a return higher than the interest your paying on the loan, then generous margin rates will allow you to trade big with capital you dont have to hand.

Do they have a complicated fee structure?

Broker fees can rack up quickly. You need to look at the fine print to ensure you wont get stung by hidden costs later down the line, such as when you want to withdraw your money. Having said that, the cheapest brokers for day trading usually make up that money in other areas, such as customer service.

Some brokers will require you to put down significant capital in order to open an account and start trading. For example, if youre day trading at Interactive Brokers youll need to put down serious cash before you can get to work.

Does the broker have a daily trading limit?

Some limits are imposed to protect against extreme volatility and market manipulation. But the Interactive Brokers day trading limit can be set by you to prevent you losing too much capital in one day.

Do they offer different account types?

Different accounts will come with varying costs and attractive perks. For example, choose between Interactive Brokers day trading accounts and you can get lower commission fees, greater leverage and enhanced tools for technical analysis. Read more aboutAccount typeshere.

Do they have high tech, informative tools for research and analysis?

You will need live price quotations, plus detailed charts and access to historical data will also help you trade smarter. The top 10 online brokers all offer a multitude of tools and resources.

How quick and efficient is their order execution?

This is massively important if youre day trading, as just a few seconds could cost you serious cash. Whilst many virtual brokers offer real-time execution, there remains a slippage concern. This highlights the need to test drive your broker first.

The trading platform provided by the broker needs to work for you. Most brokers offer several to choose from, some will tick the boxes for the average day trader, others will offer more advanced platforms for the veteran trader. Likewise, does it suit your hardware is the platform compatible on Mac, PC, Linux, or whatever you use?

It is rare for a broker not to deliver a mobile trading app, but the quality will vary. If trading on your mobile phone is important, then checking the apps compatibility (Android, iOS or Windows etc) will be vital.

Will you be able to quickly get in contact with someone when you need support or advice? This is particularly important if something goes wrong like a computer crash. Some brokerages offer 24/7 customer support, with call waiting times of less than one minute.

The best brokers offer direct access. You dont want to be sending an order to a train desk which then initiates it in the market. This is time-consuming and can result in re-quotes. By the time youve confirmed you want to proceed, your opportunity has probably vanished.

Any Open Account promotions? 100 in free trades might not be everything, but it means you can iron out any creases in your strategy before its your money on the line. Trading without a broker means zero free credit for trial and error.

? Does a VIP account get free Level II data or reduced spreads?

Youll find you usually have something lying around in your brokerage account. Some brokerages wont offer you a penny on that balance, but some will give you 3-5%.

Do your homework and make sure your day trading broker can cater to your specific requirements. Its always worth giving your potential day trading broker a test. Set up a demo account, make sure you like the platform, and send off some questions to gauge how good their customer service is. Get this choice right and your bottom line will thank you for it.

Need a short cut? Check out the winners of the DayTrading.comAwardsthis year.

Use this table with reviews of trading brokers to compare all the brokers we have ever reviewed. Please note that some of these brokers might not accept trading accounts being opened from your country. If we can determine that a broker would not accept an account from your location, it is marked in grey in the table.

The trading platform is the software used by a trader to see price data from the markets and to place trade orders with a broker. Market data can either be retrieved from the broker in question, or from independent data providers like Thomson Reuters. In this section, we detail how to pick the best trading platform for day traders

Normally a broker will offer their customers a branded trading platform thats more or less unique to that individual broker, but there are also independent platforms that can connect to multiple brokers. An independent platform can be a good choice for the experienced trader, while using a brokers own platform is the easiest way to get started for beginners.

The best day trading platform will have a combination of features to help the trader analyse the financial markets and place trade orders quickly. In particular, a top rated trading platform will offer excellent implementations of these features:

A day trader needs to be notified of market price changes as soon as possible to be able to act before an opportunity is gone or a loss is materialised. Historic data is necessary for technical analysis and backtesting of trading strategies. Not all platforms have a backtesting feature though, so check before you commit to a specific software.

Trends and market sentiment are best visualised through different charts and plotting of relevant technical indicators.

Once you have decided to place a trade, it needs to be executed on the market immediately. A great platform and broker will execute in less than a second. Traders that use automated trading want even faster execution, usually counted in milliseconds, depending on the strategy used and how price sensitive it is.

A platform that offers automation capabilities enables a trader to make market moves even if he/she is not at the computer at the time. The classic stop loss feature is a simple form of automation, but there are much more advanced platforms that enable you to program your own trading robot to carry out elaborate strategies or to react much faster than you can do yourself.

(optional) You might want to become an expert on all the features of your trading platform but still have the option to change which broker you use. The solution is an independent trading platform (listed below), that can connect to several different brokers.

An independent trading platform is used for visualising market data and managing your trading, but it needs to connect to one or more brokers to actually place a trade on the market. These professional day trading platforms typically offer a more advanced interface than that of the average brokerage, and help you to find and place trades with one or more brokers of your choosing. Using an independent trading platform you dont have to relearn a whole new software just because you change to a different broker.

Independent platforms often come with advanced features such as enhanced charting and pattern analysis, automated trading and trading alerts/signals. Different platforms have different strengths. NOTE Not all brokers support this kind of integration with independent platforms, so use our reviews to find ones that do.

AlgoTrader software facilitates the development, automation, and execution of numerous strategies at the same time. The AlgoTrader download enables automation in forex, futures, options, stocks and commodities markets. It is also one of the first to allow automated trading of bitcoin and other cryptocurrencies.

MetaTrader is a trading platform that facilitates live access to global trading markets. It is most commonly used for online trading in the forex, futures, and CFD markets. There are currently two versions available, MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

When choosing between brokers you also need to consider the types of account on offer. For example:

The account that is right for you will depend on several factors, such as your appetite for risk, initial capital and how much time you have to trade. With that said, below is a break down of the different options, including their benefits and drawbacks.

Most day trading brokers will offer a standard cash account. This is simply when you buy and sell securities with the capital you already have, instead of using borrowed funds or margin. Most brokers will offer a cash account as their standard, default option.

There are several benefits to cash accounts. Firstly, because there is no margin available, cash accounts are relatively straightforward to open and maintain. Also, you have less risk than margin accounts because the most you can lose is your initial capital. Finally, you dont have to pay the interest costs that come with margin accounts.

Trading with a cash account also means you have less upside potential because there is no leverage. For example, the same gain on a cash and margin account might represent a 50% difference in returns because margin accounts require far less capital.

In addition, you have to wait for funds to settle in a cash account before you can trade again. At some brokers, this process can take several days.

Overall then, the absence of margin means these accounts probably arent the right fit for the majority of active intraday traders.

Most brokers will offer a margin account. Essentially, this allows you to borrow capital to increase your position size. For example, you may only pay half of the value of a purchase and your broker will loan you the rest.

Note brokers often apply margin restrictions on certain securities during periods of high volatility and short interest.

Margin accounts come with several benefits. Firstly, you can choose when you pay back your loan, as long as you stay within maintenance margin requirements. Secondly, you can leverage assets to magnify your position size and potentially increase your returns.

Also, interest rates are normally lower than credit cards or a bank loan. Finally, if you have a concentrated portfolio, you may be able to use existing securities as collateral for a margin loan.

Despite the benefits, there are serious risks. With a cash account you can only lose your initial capital, however, a margin call could see you lose more than your initial deposit. You also have interest charges to factor in.

In addition, you need to check maintenance margin requirements. If not, you could get short-squeezed resulting in forced liquidation from a margin call.

Overall then, margin accounts are a sensible choice for active traders with a reasonable tolerance for risk.

Some brokers will also offer managed accounts. A managed account is simply when the capital belongs to you, the trader, but the investment decisions are made by professionals. These might be referred to as an advisor on the account these advisors have complete control of trades. There are two standard types of managed accounts:

With this type of account your capital goes into a mutual fund along with other traders capital. The returns will then be distributed between the investors. Normally, brokers divide these accounts according to risk appetite. For example, those looking for large returns may put their funds into a pooled account with a high risk/reward ratio. Those looking for more consistent profits would probably opt for a safer fund. Minimum investments for pooled accounts are around $2000.

With this account, your broker will manage your capital individually and make investment decisions tailored to your needs. The main benefit is having an experienced professional on your side. However, you will pay for that privilege with account maintenance fees and commissions. In addition, some brokers will impose high minimum investments of at least $10,000.

Overall, managed accounts are a good fit for those who have significant capital but little time to actively trade. However, those with less capital and those with time or the inclination to enter and exit positions themselves may be better off with an unmanaged account.

Some discount brokers for day trading will offer just a standard live account. However, others will offer numerous account levels with varying requirements and a range of additional benefits.

For example, a Bronze account may be the entry level account. Here you may get access to chat rooms, a weekly newsletter and some financial announcements and commentary. These entry-level accounts normally have low deposit requirements.

If you were to deposit more, say over $1000 and make a certain number of trades each month, then you may be eligible for a Silver account. This may grant you access to courses, a personal account executive and more in-depth market commentary.

Deposit a bit more, $5000 for example, and you may be eligible for a Gold account. For this you could get:

Finally, some brokers will offer a top tier account, such as a VIP account. To qualify for this account you might need to deposit upwards of $20,000. You may also need to trade 500 lots quarterly, for example.

However, for your larger deposit, you might get even more hands-on help, as well as greater deposit bonuses, free trades and other financial incentives. You may also get full access to a wide range of educational and technical resources.

So, the best day trading discount brokers will offer a number of account types to meet individual capital and trade requirements. Its also worth bearing in mind that generally, the more you can invest the greater the perks and trading experience.

When choosing between brokers, you need to consider whether they have the right account for your needs. The main factors to consider are your risk tolerance, initial capital and how much you will trade.

Note you can also open different accounts if you want to use several different strategies.

One key consideration when comparing brokers is that of regulation. There are a number of different regulatory bodies around the world. Reputation of these authorities varies, but almost all can give consumers a high level of confidence in the brokers they license. Here are some of the leading regulators;

FCA(Financial Conduct Authority) UK regulator, with responsibility for all forms of trading and market speculation.

CFTC(Commodity Futures Trading Commission) US Regulator overseeing broker.

SEC(Securities and Exchange Commission) US regulator for exchanges and markets.

FSB(Financial Services Board) South African Regulator

CySEC(Cyprus Securities and Exchange Commission) Cypriot regulator, often used to passport regulated brands across Europe

BaFin (The Federal Financial Supervisory Authority / Bundesanstalt fr Finanzdienstleistungsaufsicht) German regulator

Financial Supervisory Authority Denmark (Finanstilsynet)

The European Securities and Markets Authority (ESMA) also offers an over-arching guide to all European regulators, imposing certain rules across Europe as a whole including leverage caps, negative balance protection, and a blanket ban on binary options. These rules only apply to retail traders, not professional accounts.

A demo account is a great way for beginners to practice trading and test a broker or trading platform without using real money. A demo account is funded with simulated money, so you can try out the brokers platform features and get familiar with acting on the markets. A warning though even the best practice platform cant replicate the pressures that comes with having real money on the line, but its a great way to learn the basics and get started with zero risk.

Even among the best brokers for day trading, you will find contrasting business models. Having said that, there are two main types:

Some of the best brokers for day trading online are market makers. Market makers are constantly ready to either buy or sell, so long as you pay a certain price. That means they may lose out in price shifts before they find a buyer/seller.

But, of course, for taking that risk, they seek compensation. So they set the bid price marginally lower than listed prices while setting the ask price slightly higher. That tiny margin is where they will make their money.

Now that may seem like an insignificant amount. However, tens of thousands of trades are placed each day through good brokers for day trading that use these systems. Unsurprisingly, those minute margins can quickly add up.

Note day trading brokers using this model normally offer either fixed or variable spreads:

Do not change, regardless of what is happening in the markets. Due to the additional risk, fixed spreads tend to be wider than variable spreads.

Fluctuate in response to market conditions. For example, during the London and New York overlap, an increase in liquidity leads to tight spreads.

Lets take a look at an example if you want to sell 50 shares of Tesla, good market makers will buy your shares, regardless of whether they have a seller lined up yet. However, they may buy those Tesla shares for $300 each (the ask price), while offering to sell them to another trader for $300.05 (the bid price). That $0.05 is where your online broker is making their money.

Many of the best discount brokers for day traders follow an OTC business model. In fact, they are the most popular type of day trading broker. The immediate lure is the apparent lack of trading costs and commissions. However, on the best day trading platforms, it isnt quite that simple.

Essentially, an OTC day trading broker will act as your counter-part. They will take the opposing side of your position. As a result, you dont have to pay a commission or fees in the same way. You are simply trading against the broker.

The best OTC futures or CFDs brokers, for example, may have both sides of the trade covered, promising a handsome margin. However, some of best brokers for day trading may also hedge to offset risk.

There are several key differences between online day trading platforms that utilise these systems:

Effectively the best brokers that follow the market maker model act as wholesalers, buying and selling to meet the needs of the market.

Without market makers, finding buyers and sellers may take longer. As a result, liquidity may drop and you may pay higher trading fees as entering and exiting positions becomes harder.

A market maker will make money regardless of the outcome of your trade. Whereas an OTC broker has a vested interest in you losing out.

The top brokers for day trading will often use a variation of one of these models. Check reviews to see which model a prospective broker is using to get a feel for where and how they expect to make their profit.

Different trading brokers support different deposit and withdrawal options. The availability of one or more specific payment methods can be of importance to traders, as fees and transit times vary between methods. For some traders it might be essential that a deposit or withdrawal is instantaneous, while others are fine with a processing time of a few days. Any trader making frequent deposits or withdrawals surely wants to look out for low transaction costs. Below we list different payment methods, which brokers support them along with tutorials covering everything a trader needs to know.

PayPal Brokers 2019 Which Brokers Accept Paypal Deposits in Taiwan?

Paypal is by the far the worlds most recognisable form of online payment. The number of brokers that accept Paypal is increasing and Forex trading with Paypal is becoming particularly common. Day trading with Paypal brokers is popular because of how secure the method is and how quickly transfers can be made between accounts.

Skrill Brokers 2019 Which Brokers Accept Skrill Deposits in Taiwan?

Skrill is a digital wallet accepted by many online forex brokers. The number of Skrill brokers is increasing because of its speed and security. Other advantages for brokers that accept Skrill are its acceptance of all major currencies and its ability to handle large deposits.

With the world migrating online, in theory, you could opt for day trading brokers in India or anywhere else on the planet. However, there are tax considerations and regulations worth keeping in mind