Which broker is better for Malta traders in 2026? Expert analysis across 12 categories.
For Malta traders, choosing between EasyMarkets and TMGM is a key decision for 2025. Both brokers are well-suited for retail traders in Malta, offering local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. EasyMarkets, with a score of 3.4/5, is known for its fixed spreads and user-friendly platform, making it ideal for beginners and those who value predictable costs. TMGM, scoring 3.3/5, stands out for its raw spreads and fast execution, appealing to active traders and scalpers. Malta’s local financial regulator oversees forex activities, ensuring both brokers meet compliance standards. This comparison focuses on factors like regulation, trading costs, and deposit options tailored to Malta’s trading environment, helping you decide which broker aligns with your goals.
| Instrument | EasyMarkets | TMGM | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | TMGM |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | TMGM |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | TMGM |
| Standard acc spread | from 1.0 pips | from 0.8 pips | TMGM |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | TMGM |
For Malta traders, trading costs differ significantly between EasyMarkets and TMGM. EasyMarkets offers fixed spreads starting at 1-2 pips on EUR/USD, with no commission on standard accounts. This suits retail traders who prefer predictable expenses. TMGM provides variable spreads from 0.0 pips on its Razor account, but charges a commission of $7 per round lot. For high-volume Malta traders, TMGM’s raw spreads can be cheaper, especially when trading major pairs. However, for lower volumes, EasyMarkets’ fixed spreads may be more cost-effective. Both brokers support local deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20, affecting net costs. Consider your trading frequency and volume to choose the most economical option.
| Account Type | EasyMarkets | TMGM |
|---|---|---|
| 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 | TMGM |
|---|---|---|
| Malta (offshore) | Up to 1:2000 | Up to 1:1000 |
| Forex major pairs | 1:2000 | 1:1000 |
| 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 | TMGM | 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+ | TMGM |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | TMGM |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets and TMGM cater to Malta traders with robust platform options. EasyMarkets offers its proprietary web-based platform and mobile app, known for simplicity and built-in risk management tools like dealCancellation. This is ideal for retail traders in Malta who want an intuitive experience. TMGM provides MetaTrader 4 and MetaTrader 5, the industry standard for advanced charting and algorithmic trading. Malta traders who use Expert Advisors (EAs) or need multi-asset analysis will prefer TMGM. Both platforms are available in English and support local payment methods. For beginners, EasyMarkets’ platform is more accessible; for experienced traders, TMGM’s MT4/MT5 offer greater flexibility.
| Factor | EasyMarkets | TMGM | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | TMGM |
| 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 varies between EasyMarkets and TMGM. EasyMarkets uses a market maker model with instant execution, ideal for retail traders in Malta who prioritize simplicity. TMGM offers straight-through processing (STP) with no dealing desk, providing faster execution speeds and no requotes, suitable for scalpers. TMGM’s execution is generally faster due to its liquidity providers, while EasyMarkets’ fixed execution is more predictable. For Malta traders using local deposits via Bank Transfer, Skrill, Neteller, or USDT TRC20, execution speed may impact trading during volatile sessions. Choose based on your need for speed or stability.
| Safety Factor | EasyMarkets | TMGM |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✗ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is critical for Malta traders. EasyMarkets is regulated by CySEC (Cyprus) and complies with EU MiFID II, offering negative balance protection and investor compensation up to €20,000. TMGM is regulated by ASIC (Australia) and VFSC (Vanuatu). While ASIC provides strong oversight, the Vanuatu entity offers limited protection. Malta’s local financial regulator recognizes CySEC and ASIC as equivalent, but TMGM’s Vanuatu arm has less stringent rules. For Malta traders, EasyMarkets offers stronger regulatory safeguards, especially for retail accounts. TMGM is still legal but may require due diligence. Both accept local deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20.
| Payment Method | EasyMarkets | TMGM |
|---|---|---|
| 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 to 4 business days to process, with internal processing typically completed within 1 business day. |
Malta traders can deposit and withdraw at both EasyMarkets and TMGM using Bank Transfer, Skrill, Neteller, and USDT TRC20. EasyMarkets also supports credit/debit cards and local bank transfers in EUR/USD, with no deposit fees and withdrawals processed within 24 hours for e-wallets. TMGM offers these methods plus PayPal and UnionPay, with minimum deposits of $100. Withdrawals at TMGM are free for e-wallets but may incur a $20 fee for bank transfers. Both brokers process USDT TRC20 deposits instantly, benefiting Malta traders seeking fast funding. EasyMarkets’ withdrawal process is more straightforward, while TMGM offers more payment diversity. Always check for any fees based on your chosen method.
| Islamic Account Feature | EasyMarkets | TMGM |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both EasyMarkets and TMGM offer Islamic (swap-free) accounts for Malta’s Muslim traders. EasyMarkets provides swap-free accounts on all account types without additional charges, making it a hassle-free option. TMGM offers Islamic accounts on its Standard and Razor accounts, but requires a minimum deposit of $500 and may apply a fee if the account is held beyond 30 days. Malta traders should verify eligibility with each broker’s support team. EasyMarkets’ policy is more favorable for long-term holding, while TMGM’s conditions suit short-term traders. Both brokers accept local deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20 for Islamic accounts.
| Support Feature | EasyMarkets | TMGM | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support for Malta traders is available 24/5 from both EasyMarkets and TMGM. EasyMarkets offers live chat, email, and phone support in English, with quick response times. TMGM provides similar channels plus a dedicated account manager for larger deposits. Both brokers support local payment queries for Bank Transfer, Skrill, Neteller, and USDT TRC20. EasyMarkets’ support is more responsive for retail traders, while TMGM’s service is suitable for active traders needing personalized assistance. Malta traders can expect help in English during European hours.
| Mobile Feature | EasyMarkets | TMGM | 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 | TMGM | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose TMGM if you...
For Malta traders, the choice between EasyMarkets and TMGM depends on your trading style and priorities. EasyMarkets (3.4/5) is better for retail traders who value regulation, fixed costs, and simplicity, with strong support for local deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20. TMGM (3.3/5) suits active traders who need low spreads and fast execution, with a wider range of payment options. Malta’s local financial regulator provides oversight, but EasyMarkets’ CySEC regulation offers more protection. If you are a beginner or prefer predictable costs, choose EasyMarkets. For advanced trading needs, TMGM is a solid alternative. Both brokers accept Malta-based traders legally.