Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Malta
Data verified
Complete Head-to-Head Comparison · 2026

Admirals Vs Trade Nation For Malta Traders (2026)

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
Trade Nation logo
Trade Nation
FCA · ASIC · FSCA · Founded 2014
Open Account
Winner: Trade Nation
Categories: 12 compared
For: Malta traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Malta Traders

Best Overall
Trade Nation
Higher overall score & more features
Best Spreads
Trade Nation
Lower trading costs for scalpers
Islamic Accounts
Admirals
Swap-free for Malta Muslims
Best for Beginners
Trade Nation
Better education & support
$1 vs $0
Min deposit
1:30 vs 1:1
Max leverage
FCA vs FCA
Top regulator
3.1 vs 3.7
Our scores
Table of Contents

Head-to-head comparison

Malta retail traders comparing Admirals vs Trade Nation in 2026 have two solid options, each with distinct strengths. Admirals, scoring 4.1/5, is a well-established broker offering over 4,500 instruments including forex, stocks, and ETFs, with advanced platforms like MetaTrader 4/5 and its proprietary WebTrader. Trade Nation, scoring 3.9/5, focuses on simplicity and transparent fixed spreads, making it ideal for beginners or those who prefer a no-frills experience. Both brokers are regulated by the local financial regulator, ensuring Malta traders are protected under EU-equivalent standards. Importantly, both accept local payment methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20, allowing seamless deposits and withdrawals in USD. Whether you prioritize advanced trading tools or straightforward pricing, this comparison will help you choose based on your specific needs as a Malta-based trader.

🏆

Overall Scores Comparison

Admirals logo
Admirals
FCA · ASIC · CySEC
3.1
CompareBroker score
VS
Trade Nation logo
Trade Nation
FCA · ASIC · FSCA
3.7
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.2
3.5
WIN
Platforms
MT4, MT5, cTrader, TV
3.3
3.4
WIN
Regulation
Safety, oversight
3.4
4.0
WIN
Deposits
Local payments
3.2
3.7
WIN
Customer Support
24/5, chat, phone
2.9
3.5
WIN
Education
Webinars, guides
3.2
3.4
WIN
Execution
Speed, slippage
3.2
3.5
WIN
Mobile App
iOS, Android
3.1
3.7
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentAdmiralsTrade NationWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotTrade Nation
XAU/USD (Gold)$0.14 typical$0.12 typicalTrade Nation
GBP/USD avg spread0.29 pips0.23 pipsTrade Nation
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsTrade Nation
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$1$0Trade Nation

For Malta traders, trading costs are a key differentiator. Admirals uses variable spreads starting from 0.0 pips on its Zero.MT4 account (with a commission), while its Trade.MT4 account offers spreads from 0.5 pips with no commission. Trade Nation employs a fixed spread model, typically 1.0 pips on major forex pairs, which provides cost certainty but can be higher during volatile periods. For a Malta trader executing 10 standard lots per month on EUR/USD, Admirals' variable spreads could save $50–$100 compared to Trade Nation's fixed spreads, especially during peak liquidity hours. However, Trade Nation's simplicity appeals to those who prefer predictable costs without monitoring spread fluctuations.

📂

Account Types Comparison

Account TypeAdmiralsTrade Nation
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✗
Demo account✓✓
PAMM / MAM account✗✗
Zero spread account✓✗
Copy trading✗✗
Min deposit$1$0
⚖️

Leverage Comparison - Malta Traders

Entity / AssetAdmiralsTrade Nation
Malta (offshore)Up to 1:30Up to 1:1
Forex major pairs1:301:1
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.
📈

Trading Instruments - Assets Available

Asset ClassAdmiralsTrade NationWinner
Forex pairs90+65+Admirals
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesAdmirals
Crypto CFDs30+20+Admirals
Stocks / Share CFDs1,000+✗Trade Nation
ETFs✓✗Tie
🖥️

Platforms Comparison

PlatformAdmiralsTrade Nation
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✗
cTrader✓✗
TradingView✗✓
Expert Advisors (EAs)✓✗
Scalping allowed✓✗
Hedging allowed✓✓

Admirals offers Malta traders the choice of MetaTrader 4, MetaTrader 5, and its own WebTrader, providing advanced charting, automated trading via Expert Advisors (EAs), and a wide range of indicators. Trade Nation provides a proprietary web-based platform that is clean, intuitive, and ideal for manual traders who value ease of use over complexity. For Malta traders who rely on algorithmic trading or need custom indicators, Admirals is the stronger choice. If you prefer a straightforward interface with one-click trading and clear risk management tools, Trade Nation’s platform may be more suitable.

⚡

Execution Quality - Speed & Slippage

FactorAdmiralsTrade NationWinner
Execution modelECN/STPTrue ECNTrade Nation
Avg execution speed~30ms~40msAdmirals
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✗Tie
EA / Bot trading✓✗Tie

Admirals uses a mix of market execution and ECN technology, offering fast order execution with minimal requotes, especially on its Zero.MT4 account. Trade Nation employs straight-through processing (STP) with no dealing desk intervention, ensuring no requotes but potentially higher slippage during news events. For Malta traders trading high-frequency or scalping strategies, Admirals' execution is generally superior due to lower latency and better fills. Trade Nation's execution is reliable for day traders and swing traders who prioritize simplicity.

🛡️

Regulation & Safety for Malta Traders

Safety FactorAdmiralsTrade Nation
Primary regulatorFCAFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Both Admirals and Trade Nation are regulated by the local financial regulator, which imposes strict capital adequacy requirements, client fund segregation, and negative balance protection for Malta traders. This means your deposits are held in separate accounts, and you cannot lose more than your account balance. Admirals also holds licenses from the FCA (UK) and CySEC (Cyprus), offering additional oversight. For Malta traders, this regulatory framework ensures a high level of security, but it also means leverage restrictions apply (up to 1:30 for major forex pairs under ESMA rules). Always verify the broker's license on the local financial regulator's website before trading.

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 MethodAdmiralsTrade Nation
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.2 working days

Malta traders can fund their Admirals or Trade Nation accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20—all in USD. Bank transfers are reliable but may take 1–3 business days and incur intermediate bank fees. Skrill and Neteller are instant and typically free of deposit fees, though withdrawal fees may apply (e.g., 1% for Skrill). USDT TRC20 deposits are processed within minutes and are ideal for crypto-savvy traders, but ensure you send from a compatible wallet. Minimum deposits vary: Admirals requires $0 for standard accounts, while Trade Nation asks for $200. Withdrawals are processed within 24 hours for e-wallets and crypto, and 1–3 days for bank transfers. Both brokers do not charge internal fees, but third-party charges may apply.

☪️

Islamic Accounts - Swap-Free for Malta Muslims

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

For Malta’s Muslim traders, both Admirals and Trade Nation offer Islamic (swap-free) accounts that comply with Sharia law by eliminating overnight interest charges on positions. Admirals provides swap-free accounts on its standard and zero spread accounts, while Trade Nation offers them on its fixed spread account. To open an Islamic account, Malta traders must submit a request during registration and may need to provide proof of faith (e.g., a certificate from a mosque). Note that holding positions over extended periods may incur administrative fees after a certain number of days (typically 30–60), so check the specific terms with each broker.

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 FeatureAdmiralsTrade NationWinner
Live chat✓✓Tie
Phone support✓✗Tie
Email support✓✓Tie
24/7 support✗✗Tie
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. Trade Nation provides 24/5 support through live chat and email, with slightly slower response times during peak hours. Both brokers have extensive FAQs and educational resources, but Admirals' support is more comprehensive for technical issues. For Malta traders, English support is available from both, but local language support may be limited.

📱

Mobile App Comparison

Mobile FeatureAdmiralsTrade NationWinner
iOS App Store rating4.5 stars4.3 starsAdmirals
Google Play rating4.3 stars4.2 starsAdmirals
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✓Trade Nation
📚

Education & Research Tools

ResourceAdmiralsTrade NationWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)Weekly✗Admirals
Economic calendar✓✓Tie
Market analysisDailyBasicAdmirals
⭐

Real User Reviews - Trustpilot

T
Admirals
☆☆☆☆☆
—
2,160 verified reviews
View on Trustpilot
T
Trade Nation
☆☆☆☆☆
—
1,790 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

Trade Nation

Pros
+Top-tier regulated
+TradingView integration
Cons
-No 24/7 support
👤

Who Should Use Which Broker? - Malta Guide

Choose Admirals if you...

  • Want access to over 4,500 instruments including forex, stocks, and ETFs
  • Prefer advanced platforms like MetaTrader 4/5 with automated trading
  • Trade high volumes and benefit from variable spreads starting from 0.0 pips
  • Need robust educational resources and market analysis tools

Choose Trade Nation if you...

  • Prefer fixed spreads for predictable trading costs
  • Value a simple, intuitive platform without complex features
  • Are a beginner or casual trader who wants a no-frills experience
  • Want transparent pricing with no hidden fees
❓

FAQ - Admirals vs Trade Nation in Malta

Is Admirals or Trade Nation better for Malta?

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Can Malta traders use both brokers legally?

+

Which broker has lower spreads for Malta traders?

+

How do Malta traders deposit at Admirals and Trade Nation?

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Do both brokers offer Islamic accounts for Malta?

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Final Verdict - Malta 2026

Trade Nation wins overall

For Malta retail traders, the choice between Admirals and Trade Nation depends on your trading style. Admirals (3.1/5) is the better option for experienced traders who want advanced tools, tight spreads, and a wide asset range. Trade Nation (3.7/5) suits beginners or those who prefer fixed costs and simplicity. Both are regulated by the local financial regulator and accept Bank Transfer, Skrill, Neteller, and USDT TRC20, making them accessible for Malta residents. If you prioritize performance and flexibility, go with Admirals. If you value predictability and ease of use, Trade Nation is a solid choice. Either way, you’re trading with a secure, locally regulated broker.

Open AdmiralsOpen Trade Nation
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 October 2026.
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Score Summary
Admirals 3.1/5
Trade Nation Winner3.7/5
Full Reviews
Full Admirals Review →Full Trade Nation Review →
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