2025 Taiwan Brokerage Guide: Latest Rankings, Fee Comparisons, and Selection Strategies

Latest Ranking of Taiwan Securities Companies in 2025

There are many local securities firms in Taiwan, and here we have selected the 10 most famous long-established securities firms in the industry, each with decades of operational experience. Most of these firms support trading in Taiwanese and US stocks, but it is important to note that the “sub-entrustment” commission fees of local securities firms are relatively high, and further details will be provided below.

According to the market share ranking based on last year's total transaction volume, here is a list of the top ten local securities firms in Taiwan for friends who are preparing to invest.

Top 10 domestic securities firms ranking by market share in Taiwan

【Market Share: January 1, 2024 - December 31, 2024, based on cumulative transaction amount】

Detailed Comparison of Brokerage Fees in Taiwan

When investing in stocks in Taiwan, you mainly encounter two types of fees: “handling fees” and “transaction tax.” The standard handling fee rate is 0.1425%, which must be paid whether you are buying or selling stocks, and if the calculated amount is less than 20 NTD, it is calculated as 20 NTD. The transaction tax is only required to be paid when selling stocks at a rate of 0.3%.

Although there is an official pricing for transaction fees, most investors are now placing orders online, which reduces brokerage costs. Coupled with intense market competition, investors with large trading volumes can often negotiate decent discounts. The discounts offered by each brokerage vary and are primarily determined by your trading volume.

Please note that the transaction tax is a fee paid to the government, and this portion of the cost is not eligible for discounts.

Comparison of electronic order fees among various securities firms in Taiwan

Transaction fee discounts are usually not fixed and can be negotiated with brokers. Investors with high transaction volumes and large amounts of capital often receive more favorable discount rates.

Taking TSMC as an example, suppose we buy 5 shares of TSMC stock at a price of 430 NT dollars (each share being 1,000 shares), and then sell at 450 NT dollars, with a brokerage fee discount of 40%, then the transaction costs we need are as follows:

Key Criteria for Choosing a Taiwanese Securities Firm

With many brokerage options available in the market, it can indeed be overwhelming for novice investors opening an account for the first time. Here are some key factors to consider when choosing a brokerage:

) 1. Transaction Fee Discount

From the case of TSMC mentioned earlier, we can see that there are significant differences in transaction fee discounts! Some brokers will refund you directly the next trading day, but most brokers only refund to the account on a fixed business day each month.

However, many small brokers lower their fees significantly to attract customers, but other services may incur hidden costs. For example, system stability and order execution speed may not be as ideal as with larger brokers. Therefore, when choosing a broker, while fees are important, they are by no means the only consideration.

2. Trading software experience

Various brokerages provide free trading tools, such as Yuanta Securities' “Investment Mr. APP” and KGI Securities' “Mobile e-Strategy”. Using a mobile device for placing orders is not just about buying and selling stocks; it also requires checking real-time quotes, the latest market trends, technical analysis, and account balances. When choosing a brokerage, the ease of use and completeness of the app are important considerations, and it is recommended to make a decision after actual use.

3. Number of Coupons and Financing Interest

In general, larger brokerages can provide more ample securities and lower financing interest rates. If investors prioritize the quantity of securities and financing interest, they should consider larger brokerages first.

The term “securities lending” refers to the quantity of stocks that brokers can lend to investors. Ample securities lending not only provides more trading opportunities but also makes the operation of “shorting” stocks (borrowing stocks to sell, then buying them back at a lower price) easier, expanding the range of investment options.

Additionally, when funds are insufficient, one can “finance” stock purchases through a brokerage. Currently, the financing ratio for listed stocks in Taiwan is 60%, and for over-the-counter stocks, it is 50%. The financing interest rates vary among brokerages, generally ranging between 6% and 7%, so financing interest is also a key point.

Generally, the larger the brokerage firm, the more sources of securities it can provide, and the financing interest rates are usually more favorable. Therefore, if you frequently need margin trading, it is recommended to prioritize large brokerage firms.

Choices of Overseas Platforms for Digital Asset Investors

The local brokers in Taiwan introduced earlier offer more favorable fees for trading in the Taiwan stock market, but if you want to invest in overseas markets, especially in Hong Kong stocks, US stocks, or even digital assets, the costs may not be as advantageous.

In Taiwan, buying overseas stocks is mostly done through a “sub-commission” method, which not only involves a more complicated procedure but also has relatively high costs. For investors looking to invest in US stocks or digital assets, there is a more cost-effective option — “overseas brokerage platforms.”

Here are three overseas trading platforms that are popular in Taiwan. We have listed their main features and fee comparisons to help you choose the most suitable investment channel:

1. Mitrade - The top choice for small investments and leveraged trading

Mitrade is a trading platform specifically providing global asset contracts for difference ###CFD(, officially regulated by Australia's ASIC. The platform supports the trading of various international market assets including U.S. stocks, Hong Kong stocks, indices, forex, commodities, and digital currencies, and it supports long and short trading, with leverage that can be flexibly adjusted from 1x to 200x, making it very convenient.

In recent years, with the increase of users in Taiwan, the platform has specifically strengthened its localization services, making the user experience smoother. For example, it supports direct deposits and withdrawals in New Taiwan Dollars, eliminating the need for frequent currency exchanges. The platform offers 24-hour customer service in Taiwan to answer questions at any time, avoiding issues related to time differences, and there is no need to pay high international call fees.

Platform Features:

• Fund Security Assurance: Providing trust account protection for the safety of retail customers' funds.
• Low threshold friendly: Only need 50 USD ) about 1500 TWD ( to start investing.
• Cost-effective: Free withdrawal times each month, zero commission, only a low spread is charged.
• Practice Mode: Provides a simulated account for beginners to practice trading with zero risk.
• Localization Service: 24-hour Taiwan customer service, supports New Taiwan Dollar deposits and withdrawals

Especially suitable:

• Investors who hope to profit from idle small funds
• Traders who like to use leverage to amplify their profits
• Investors who need to engage in day trading or hedging.

) 2. Interactive Brokers - Preferred by large capital investors

Interactive Brokers is a globally renowned brokerage firm established in 1977, serving investors worldwide. Users from regions such as Taiwan, Mainland China, Hong Kong, Macao, and Singapore can open accounts. The platform supports trading in multiple markets, including U.S. stocks, UK stocks, German stocks, Japanese stocks, and South Korean stocks, and offers a rich array of financial products such as bonds, funds, ETFs, futures, and foreign exchange, helping investors build diversified portfolios. There are no account opening thresholds, and the trading fee is $0.005 per share, with Chinese customer service support available.

Platform Features:

• No minimum deposit: Open an account with 0 yuan and start investing easily.
• Large capital advantage: The fee calculation method is more suitable for large capital trading, saving costs.
• Comprehensive products: From stocks to forex, a one-stop investment for global markets.

Especially suitable:

• Investors with ample funds seeking more favorable trading fees
• Seasoned investors need diverse financial products for asset allocation

Important Notes: When trading with a margin account (margin financing account), the account must maintain a balance of over $2,000.

3. Firstrade - An Ideal Choice for New Investors

Firstrade is a U.S.-based pure online brokerage firm that focuses on providing discount brokerage services, regulated by the U.S. FINRA and protected by SIPC, offering a secure investment environment. The platform supports trading in a variety of financial products such as U.S. stocks, ETFs, mutual funds, and options, known for its commission-free services, and is very popular among Taiwanese investors, especially suitable for investing in ETFs and U.S. stocks.

Platform Features:

• Commission-free trading: US stocks, ETFs, mutual funds, and options are commission-free
• Chinese support: Provides a traditional Chinese website and app interface for seamless operation.
• Low account opening threshold: No minimum deposit requirement, even small investors can easily invest.

Especially suitable:

• U.S. stock ETF investors who want to save on commissions
• Newbies seeking a simple and direct investment experience
• Taiwanese investors who prefer to use the Chinese interface

Special Considerations for Digital Asset Investment

In addition to traditional securities investments, more and more