Which broker is better for Malta traders in 2026? Expert analysis across 12 categories.
Malta has become a vibrant hub for forex trading, with many retail traders seeking reliable brokers that offer local payment options and strong regulation. EasyMarkets and FxPro are two well-known brokers serving Maltese clients, but they cater to different trader needs. EasyMarkets, rated 3.4/5, is praised for its user-friendly platform, fixed spreads, and guaranteed stop-loss orders, making it a solid choice for beginners or those who value simplicity. FxPro, with a higher 4.1/5 rating, stands out for its low-cost trading, advanced platforms, and superior execution speeds, appealing to active traders. Both accept Maltese residents and support local payment methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20. While neither broker is directly regulated by the Malta Financial Services Authority (MFSA), they operate under CySEC regulation in the EU, ensuring a level of investor protection. This comparison will help you decide which broker aligns with your trading goals and preferences in the Maltese market.
| Instrument | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | FxPro |
When comparing trading costs for Malta traders, FxPro generally offers lower spreads, especially on its Raw+ account with spreads from 0.0 pips plus a commission of $6 per lot round turn. In contrast, EasyMarkets uses fixed spreads starting at 1.2 pips on major pairs like EUR/USD, with no commission. For a Maltese trader executing 10 standard lots per month, FxPro’s variable costs can be up to 60% lower during normal market conditions. However, EasyMarkets’ fixed spreads protect against widening during news events, which some Maltese traders may value for budgeting. Volume-based traders will benefit from FxPro’s cost efficiency, while less frequent traders may prefer EasyMarkets’ simplicity. Both brokers use USD as base currency, aligning with common practice in Malta.
| Account Type | EasyMarkets | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $100 |
| Entity / Asset | EasyMarkets | FxPro |
|---|---|---|
| Malta (offshore) | Up to 1:2000 | Up to 1:500 |
| Forex major pairs | 1:2000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Maltese traders have access to leading platforms at both brokers. EasyMarkets offers its proprietary easyTrade platform, which includes features like DealCancellation and guaranteed stops, along with MetaTrader 4. FxPro provides MT4, MT5, and cTrader, catering to algorithmic and manual traders. For mobile trading, FxPro’s apps are more advanced, with full charting and one-click trading. EasyMarkets’ platform is simpler, ideal for beginners. If you need advanced order types and custom indicators, FxPro’s cTrader is a standout. For Maltese traders on the go, both brokers have reliable mobile apps, but FxPro offers faster execution and more tools. Demo accounts are available at both, allowing you to test before committing.
| Factor | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
Execution quality differs notably. EasyMarkets uses a market maker model with fixed spreads, providing instant execution with no requotes, but may have slippage during high volatility. FxPro operates as an ECN/STP broker with variable spreads and faster order execution, averaging under 60ms. For Maltese traders focused on scalping or news trading, FxPro’s execution speed and depth of market are superior. However, EasyMarkets’ guaranteed stop-loss orders can protect against gap risk, which some traders may prefer. Overall, FxPro offers better execution for active strategies.
| Safety Factor | EasyMarkets | FxPro |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both EasyMarkets and FxPro are regulated by CySEC (Cyprus Securities and Exchange Commission), which means Maltese traders benefit from EU-wide investor protections including negative balance protection and eligibility for the Investor Compensation Fund (ICF) up to €20,000. Neither broker is directly regulated by the Malta Financial Services Authority (MFSA), but they can legally serve Malta residents under the EU passporting regime. FxPro also holds licenses from the FCA (UK) and SCB (Bahamas), adding an extra layer of oversight. For Malta traders, this means their funds are segregated and covered by specific compensation schemes. It’s important to note that EasyMarkets also holds an ASIC license for Australian clients, but this does not affect Maltese traders. Overall, both offer a secure trading environment compliant with EU standards.
| Payment Method | EasyMarkets | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | 1 business day |
Depositing and withdrawing funds is straightforward for Malta traders at both brokers. EasyMarkets and FxPro accept Bank Transfer, Skrill, Neteller, and USDT TRC20, all in USD. Bank transfers typically take 1-3 business days, while Skrill and Neteller are instant for both deposits and withdrawals. USDT TRC20 deposits are processed within minutes, making it ideal for crypto-friendly Maltese traders. Minimum deposits: EasyMarkets requires $100, FxPro also $100. Withdrawal fees: EasyMarkets charges no fees for Skrill and Neteller but may levy a $25 fee for bank transfers; FxPro does not charge withdrawal fees for e-wallets but may pass on bank charges. Both brokers process withdrawal requests within 24 hours for e-wallets. Maltese traders should verify that their bank accepts USD transfers to avoid currency conversion costs.
| Islamic Account Feature | EasyMarkets | FxPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Maltese Muslim traders can open Islamic (swap-free) accounts at both EasyMarkets and FxPro. EasyMarkets offers swap-free accounts upon request with no additional spread markup, making it fully compliant with Sharia law. FxPro also provides Islamic accounts after confirming eligibility, but these may have restrictions on holding positions for extended periods without incurring swap charges. Both brokers do not charge overnight interest on these accounts. For Maltese traders seeking ethical trading, EasyMarkets’ straightforward policy may be more favorable, while FxPro’s conditions require careful review. Ensure you contact customer support to activate the Islamic account before trading.
| Support Feature | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support is important for Maltese traders. EasyMarkets offers 24/5 live chat, email, and phone support in English, with quick response times. FxPro provides 24/7 support via live chat, phone, and email, also in English, and additional languages like Arabic and Russian. For Malta, English-speaking support is sufficient at both brokers. FxPro’s 24/7 availability gives it an edge for traders who operate outside standard EU hours. Both have extensive FAQ sections and educational resources for Maltese clients.
| Mobile Feature | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose FxPro if you...
For Maltese traders, the choice between EasyMarkets and FxPro comes down to trading style and priorities. FxPro, with a 4.1/5 rating, is the stronger overall broker, offering lower spreads, faster execution, and a wider platform selection. It is ideal for active traders who want to minimize costs and leverage advanced tools. EasyMarkets, rated 3.4/5, appeals to beginners and risk-averse traders with its fixed spreads, guaranteed stops, and user-friendly features. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and are regulated under CySEC, providing EU-level protection. While neither is MFSA-regulated, they are fully legal for Malta residents. Ultimately, FxPro wins for cost and versatility, while EasyMarkets suits simplicity and safety. Open a demo account at both to decide which fits your Maltese trading needs.