HomeCompareAdmirals vs FBSMalta
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Complete Head-to-Head Comparison · 2026

Admirals vs FBS for Malta Traders (2026): A Detailed Comparison

Which broker is better for Malta traders in 2026? Expert analysis across 12 categories.

Admirals logo
Admirals
FCA · ASIC · CySEC · Founded 2001
Open Account
VS
FBS logo
FBS
CySEC · IFSC · FSCA · Founded 2009
Open Account
Winner: FBS
Categories: 12 compared
For: Malta traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Malta Traders

Best Overall
FBS
Higher overall score & more features
Best Spreads
FBS
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Malta Muslims
Best for Beginners
FBS
Better education & support
$1 vs $5
Min deposit
1:500 vs 1:3000
Max leverage
FCA vs CySEC
Top regulator
3.1 vs 3.7
Our scores
Table of Contents

For Malta traders in 2025, choosing between Admirals and FBS is a key decision that can impact your trading costs, security, and overall experience. Both brokers are popular among retail traders in Malta, but they cater to different priorities. Admirals, with a strong score of 4.1/5, is regulated by the local financial regulator, offering Malta-based traders enhanced protection and a robust trading environment. FBS, scoring 3.7/5, is known for its low barriers to entry and flexible account types. This comparison focuses on what matters most to Maltese traders: local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, trading costs in USD, and regulatory compliance. Whether you are a beginner or an experienced trader, understanding these differences will help you pick the broker that aligns with your goals in the Maltese trading landscape.

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Overall Scores Comparison

Admirals
Admirals
FCA · ASIC · CySEC
3.1
CompareBroker score
VS
FBS
FBS
CySEC · IFSC · FSCA
3.7
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.2
3.8
WIN
Platforms
MT4, MT5, cTrader, TV
3.3
3.4
WIN
Regulation
Safety, oversight
3.4
WIN
3.2
Deposits
Local payments
3.2
3.8
WIN
Customer Support
24/5, chat, phone
2.9
3.5
WIN
Education
Webinars, guides
3.2
3.8
WIN
Execution
Speed, slippage
3.2
3.8
WIN
Mobile App
iOS, Android
3.1
3.7
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentAdmiralsFBSWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotFBS
XAU/USD (Gold)$0.14 typical$0.12 typicalFBS
GBP/USD avg spread0.29 pips0.23 pipsFBS
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsFBS
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$1$5Admirals

When comparing trading costs for Malta traders, Admirals generally offers tighter spreads on major forex pairs, such as EUR/USD, which can be as low as 0.0 pips on its Zero account. This is beneficial for active traders who execute high volumes in USD. FBS, while competitive, often has slightly wider spreads on standard accounts, though its ECN account can match Admirals for active traders. For Malta traders, the volume you trade matters: Admirals becomes more cost-effective above 10 lots per month due to lower commission structures. FBS may suit lower-volume traders with its no-commission accounts. Both brokers offer transparent cost breakdowns, but Admirals edges ahead for cost-conscious Maltese scalpers.

📂

Account Types Comparison

Account TypeAdmiralsFBS
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$1$5
⚖️

Leverage Comparison - Malta Traders

Entity / AssetAdmiralsFBS
Malta (offshore)Up to 1:500Up to 1:3000
Forex major pairs1:5001:3000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Malta Traders
Traders in Malta typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
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Trading Instruments - Assets Available

Asset ClassAdmiralsFBSWinner
Forex pairs90+65+Admirals
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesAdmirals
Crypto CFDs30+20+Admirals
Stocks / Share CFDs1,000+FBS
ETFsTie
🖥️

Platforms Comparison

PlatformAdmiralsFBS
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

Admirals provides Malta traders with the industry-standard MetaTrader 4 and 5, plus its proprietary WebTrader, all optimized for fast execution and charting. This is ideal for traders who rely on advanced technical analysis. FBS also offers MT4 and MT5, but lacks a proprietary platform. For Malta traders, the choice often comes down to additional tools: Admirals includes free VPS for high-frequency trading and a dedicated mobile app for on-the-go monitoring. FBS’s platforms are user-friendly but less feature-rich. If platform versatility and automation matter to you, Admirals is the stronger pick.

Execution Quality - Speed & Slippage

FactorAdmiralsFBSWinner
Execution modelECN/STPTrue ECNFBS
Avg execution speed~30ms~40msAdmirals
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

Admirals provides fast execution with no requotes on most account types, thanks to its liquidity aggregator and Equinix NY4 servers. This suits Malta traders who scalp or trade news. FBS also offers decent execution speeds, but some users report slippage during volatile markets. For precision and reliability, Admirals is the better choice for active Maltese traders.

🛡️

Regulation & Safety for Malta Traders

Safety FactorAdmiralsFBS
Primary regulatorFCAIFSC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

Regulation is a critical factor for Malta traders. Admirals is authorized and regulated by the local financial regulator, the MFSA, which means your funds are protected under Maltese law and eligible for investor compensation schemes up to €20,000. This provides a high level of security. FBS operates under international licenses (e.g., IFSC) and is not directly regulated by the MFSA. While FBS is still accessible to Malta traders, it lacks the same local oversight. For Maltese retail traders prioritizing safety and regulatory compliance, Admirals offers a clear advantage, especially for larger account balances.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Malta traders may differ by entity.
💳

Deposits & Withdrawals for Malta

Payment MethodAdmiralsFBS
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timee-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days.Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days.

Both Admirals and FBS support the payment methods most popular among Malta traders: Bank Transfer, Skrill, Neteller, and USDT TRC20. Deposits via Skrill and Neteller are instant and fee-free on both platforms, while USDT TRC20 offers a fast, low-cost crypto option. Bank transfers are reliable but slower, taking 1-3 business days. Admirals typically requires a minimum deposit of $100 for standard accounts, whereas FBS lowers the bar to $10, appealing to beginners. Withdrawals are processed within 24 hours for e-wallets and USDT, while bank transfers may take longer. FBS sometimes charges withdrawal fees, while Admirals is more transparent with no fees on most methods. For Malta traders, both brokers offer flexibility, but Admirals wins on cost transparency.

☪️

Islamic Accounts - Swap-Free for Malta Muslims

Islamic Account FeatureAdmiralsFBS
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

For Muslim traders in Malta, both Admirals and FBS offer Islamic (swap-free) accounts that comply with Sharia law by not charging or paying overnight interest. Admirals provides Islamic accounts upon request after account verification, with no additional fees for most instruments. FBS also offers swap-free accounts, but may apply a small admin fee after a certain holding period. For Malta traders who hold positions overnight, Admirals is generally more accommodating with clearer terms. Always confirm specific conditions with each broker, as policies can change.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureAdmiralsFBSWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesAdmirals

Admirals offers 24/5 multilingual customer support via live chat, email, and phone, with a dedicated team for Malta traders that can assist in English. FBS also provides 24/7 live chat and email support, but response times can vary during peak hours. For Malta traders, Admirals’ local regulatory presence often means faster resolution of account issues. FBS’s support is adequate but less personalized. If prompt, reliable service is key, Admirals has the edge.

📱

Mobile App Comparison

Mobile FeatureAdmiralsFBSWinner
iOS App Store rating4.5 stars4.3 starsAdmirals
Google Play rating4.3 stars4.2 starsAdmirals
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceAdmiralsFBSWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyMonthlyTie
Economic calendarTie
Market analysisDailyBasicAdmirals

Real User Reviews - Trustpilot

T
Admirals
★★★★★
2.2K
2,160 verified reviews
View on Trustpilot
T
FBS
★★★★★
9.2K
9,222 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Admirals

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support

FBS

Pros
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Malta Guide

Choose Admirals if you...

  • Value strong local regulation by the MFSA for fund safety.
  • Trade high volumes and need tight spreads and low commissions.
  • Prefer advanced platforms like MetaTrader 4/5 with free VPS.
  • Want transparent deposit and withdrawal methods with no hidden fees.

Choose FBS if you...

  • Are a beginner with a small budget (minimum deposit from $10).
  • Want flexible leverage up to 1:3000 for high-risk strategies.
  • Prefer a simple account setup with instant e-wallet deposits.
  • Don’t require local regulatory oversight and prioritize low entry costs.

FAQ - Admirals vs FBS in Malta

Is Admirals or FBS better for Malta? +
Can Malta traders use both brokers legally? +
Which broker has lower spreads for Malta traders? +
How do Malta traders deposit at Admirals and FBS? +
Do both brokers offer Islamic accounts for Malta? +

Final Verdict - Malta 2026

FBS wins overall

For Malta traders in 2025, Admirals is the stronger overall choice, especially for those who prioritize security, lower trading costs, and robust platforms. Its regulation by the local financial regulator (MFSA) offers peace of mind that FBS cannot match. However, FBS is a viable option for beginners or traders with limited capital, thanks to its low minimum deposit and flexible payment options like Bank Transfer, Skrill, Neteller, and USDT TRC20. If you trade actively in USD and value regulatory protection, go with Admirals. If you are just starting out or need high leverage, FBS may suit you better. Consider your trading style and risk tolerance before choosing.

Open AdmiralsOpen FBS
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.
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Score Summary
Admirals 3.1/5
FBS Winner3.7/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.