Forex Trading Far Eastern Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.8

Business 1.1

Risk Control 1.4

Software 2.1

Regulatory 1.6

Terminal Snapshot

Far Eastern Trading Conditions

Registered Region Taiwan

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email patriciachuang@feib.com.tw

Contact Number N/A

Website www.feib.com.tw

Balanced Review

Pros & Cons

Pros

Diverse range of trading instruments including Forex, commodities, indices, stocks, and cryptocurrencies
Multiple account types available for different trader needs
Access to popular trading platforms MT4 and MT5
Flexible deposit and withdrawal options with various payment methods
24/5 customer support in English and Chinese

Cons

Not regulated by any recognized financial authority
High potential risk for traders’ funds
Lack of advanced trading tools and features on platforms
Limited educational resources for novice traders
Withdrawal fees may apply depending on the payment method

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Far Eastern	The Capital Group	MasterLink Securities	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Taiwan	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Far Eastern Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and Casual Traders	No minimum deposit requirements	Suitable for small-capital trading and practice
Professional Account	Experienced Traders	Access to advanced trading tools and potential for higher leverage	May require proof of trading experience or volume
Demo Account	New Traders	Risk-free trading environment with virtual funds	Ideal for testing strategies before live trading

Account Opening Process

To open an account with Far Eastern, potential clients need to follow several steps. Initially, they must provide personal information, which includes their name, contact details, and citizenship. Following this, employment and financial information will need to be submitted to assess trading suitability. Identity verification is also necessary, requiring documentation such as a government-issued ID and proof of address. Far Eastern allows for account flexibility, enabling traders to upgrade to a professional account in the future as their trading experience and requirements evolve.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$0	Competitive spreads available
Forex (Minor Pairs)	Varies	$0	Spreads may widen under certain market conditions
CFDs (Stocks)	Varies	$X per lot	Commissions apply to stock trades
CFDs (Indices)	Varies	$X per lot	Commissions apply to index trades
Cryptocurrencies	Varies	$0	Variable spreads depending on market volatility

Other Fees

Far Eastern may impose various fees, including deposit and withdrawal fees, which can differ based on the method used. Inactivity fees may apply if an account remains dormant for an extended period. Additionally, platform usage fees might be relevant depending on the trading platform chosen. Traders should also be aware of overnight interest charges (swap rates) and potential currency conversion fees when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Far Eastern User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Emily Chen

Taipei

★ ★ ★ ★ ★

I had high hopes when I started trading with Far Eastern, but my experience has been quite disappointing. The withdrawal process was frustratingly slow, and it took longer than expected to access my funds. Additionally, customer support was not very helpful when I reached out for assistance.

Michael Lee

Kaohsiung

★ ★ ★ ★ ★

Overall, I’ve had a good experience with Far Eastern. The MT4 platform is user-friendly, and I appreciate the variety of trading instruments available. I found the execution speed to be satisfactory, which is crucial for my trading strategy.

Sophia Wang

Taichung

★ ★ ★ ★ ★

I regret opening an account with Far Eastern. The lack of regulation makes me uneasy, and I faced multiple issues with withdrawals. It feels risky to trade here, and I won’t be continuing my trading journey with them.

David Huang

Tainan

★ ★ ★ ★ ★

Far Eastern has been fantastic for my trading needs. The demo account helped me practice without any risk, and when I switched to a retail account, I found the trading tools to be quite effective. Their customer service has been responsive and helpful whenever I’ve needed assistance.

Taiwan Market