Which broker is better for Malta traders in 2026? Expert analysis across 12 categories.
Malta has become a hub for forex trading in Europe, with a strong regulatory environment under the Malta Financial Services Authority (MFSA) and a growing community of retail traders. When choosing a broker in 2025, Maltese traders often compare Exness and Moneta Markets – two brokers with very different strengths. Exness, rated 4.8/5, is a global giant with a local MFSA licence, offering deep liquidity, ultra-low spreads, and support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Moneta Markets, with a 3.3/5 rating, is a smaller offshore broker that still appeals to some traders via competitive MT4/MT5 platforms and a straightforward account structure. However, for Maltese users who value regulatory safety, cost efficiency, and fast local withdrawals, Exness clearly outshines Moneta Markets. This comparison dives into the specifics that matter most to Malta-based retail traders – from spreads and execution to deposit methods and Islamic account availability.
| Instrument | Exness | Moneta Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Moneta Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Moneta Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Moneta Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Moneta Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $50 | Exness |
For Maltese retail traders, trading costs directly impact profitability. Exness offers a Raw Spread account with spreads from 0.0 pips and a commission of $3 per lot per side, resulting in an average cost of about $6 per round turn on EUR/USD. Moneta Markets’ Standard account has spreads from 0.6 pips with no commission, but the effective cost is higher at ~$12 per lot on major pairs. On high-volume trading (e.g., 10+ lots per month), Exness becomes significantly cheaper – a Maltese trader saving $60 per 10 lots. Additionally, Exness does not charge withdrawal fees for local methods, while Moneta may apply a small fee for Bank Transfer. For Maltese traders trading frequently, Exness is the cost-effective choice.
| Account Type | Exness | Moneta Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $50 |
| Entity / Asset | Exness | Moneta Markets |
|---|---|---|
| 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 | Exness | Moneta Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Exness |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | ✗ | Exness |
| Stocks / Share CFDs | ✗ | ✗ | Moneta Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | Exness | Moneta Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both Exness and Moneta Markets offer the industry-standard MetaTrader 4 and MetaTrader 5, fully compatible with Maltese traders’ needs. Exness also provides its own WebTerminal and mobile apps with advanced customisation, plus a social trading platform – a plus for beginners in Malta. Moneta Markets sticks to MT4/MT5 without additional proprietary tools. For Maltese traders using bank transfers or USDT TRC20 for funding, both platforms are accessible, but Exness’s one-click trading and faster execution (99.9% of orders in less than a second) better suit local scalpers and day traders. Overall, platform flexibility leans towards Exness for Malta-based users.
| Factor | Exness | Moneta Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Moneta Markets |
| Avg execution speed | ~30ms | ~40ms | Exness |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Exness boasts an average execution speed of 0.1–0.3 seconds with 99.9% of orders filled instantly, and no requotes – ideal for Maltese scalpers using USDT TRC20 for quick funding. Moneta Markets executes orders within 0.5–1 second with occasional slippage on volatile pairs. Exness also offers straight-through processing (STP) on all accounts, while Moneta uses a hybrid model. For Maltese retail traders, Exness delivers superior execution quality.
| Safety Factor | Exness | Moneta Markets |
|---|---|---|
| Primary regulator | FCA | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✗ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a top concern for Maltese traders. Exness holds a Category 3 Investment Services licence from the MFSA (licence number IS/72979), meaning it is directly supervised by Malta’s own financial regulator. This gives Maltese clients access to the Investor Compensation Scheme (maximum €20,000) and local dispute resolution via the MFSA. Moneta Markets is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, a low-tier offshore regulator. It offers no investor compensation and no local oversight in Malta. For Maltese retail traders, Exness provides a legally protected environment, while Moneta Markets carries higher regulatory risk.
| Payment Method | Exness | Moneta Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | crypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days | Internal Processing: Generally handled within 24 hours by the finance team.Credit/Debit Cards: 1 to 5 business days to fully reflect.Bank Wire / International Transfers: 3 to 5 business days to complete. |
Maltese traders benefit from multiple local payment methods at both brokers. Exness supports instant deposits via Bank Transfer (EUR/GBP/USD), Skrill, Neteller, and USDT TRC20 – all zero-fee and processed within minutes. Withdrawals are equally fast: Skrill and Neteller take under 1 hour, Bank Transfer 1–2 business days, and USDT TRC20 within 30 minutes. Moneta Markets also accepts Bank Transfer, Skrill, Neteller, and USDT TRC20, but deposits via USDT can take up to 1 hour and Bank Transfer may incur a €10 fee. Withdrawal times are slightly slower: e-wallets up to 24 hours, USDT up to 1 hour, Bank Transfer 2–5 days. For Maltese users needing quick access to funds, Exness is superior, especially with USDT TRC20 which is increasingly popular in Malta for its low cost and speed.
| Islamic Account Feature | Exness | Moneta Markets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Malta has a modest but active Muslim trading community, and both brokers accommodate them with Islamic (swap-free) accounts. Exness offers swap-free status on Standard, Raw Spread, and Pro accounts – simply request via live chat or email. No additional fees are applied, and the account remains swap-free indefinitely as long as trading activity is genuine. Moneta Markets provides Islamic accounts only on the Standard account, with no swap charges but a possible spread adjustment. For Maltese Muslim traders who trade multiple asset classes, Exness gives more flexibility (e.g., access to Raw Spread with lower costs). Moneta’s offering is more limited but still functional.
| Support Feature | Exness | Moneta Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✓ | ✗ | Exness |
| Response time (chat) | <2 minutes | <3 minutes | Exness |
Exness provides 24/7 multilingual support with a dedicated Maltese-language team available via live chat, email, and phone. Moneta Markets offers 24/5 support in English only, with response times averaging 3–5 minutes. For Maltese traders, Exness’s local language support and round-the-clock availability are major advantages, especially for urgent issues related to deposits or account verification.
| Mobile Feature | Exness | Moneta Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Exness |
| Google Play rating | 4.3 stars | 4.2 stars | Exness |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Exness | Moneta Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | ✗ | Tie |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | Exness |
Choose Exness if you...
Choose Moneta Markets if you...
For Maltese retail traders, Exness is the standout broker in 2025. Its MFSA regulation ensures full local compliance and access to the Investor Compensation Scheme – a key factor given Malta’s strict financial environment. The combination of ultra-low spreads, instant deposits via Bank Transfer/Skrill/Neteller/USDT TRC20, and fast withdrawals makes it ideal for active traders. Moneta Markets, while operational, lacks local regulatory standing, has higher trading costs, and slower payment processing. If you are based in Malta and seek a reliable, cost-effective broker with excellent support, Exness is the clear winner. Moneta may suit those willing to trade with an offshore entity and lower service standards, but for most experienced Maltese traders, Exness is the recommended choice.