Which broker is better for Malta traders in 2026? Expert analysis across 12 categories.
Malta traders comparing FBS and Tickmill in 2025 face a choice between two well-regulated brokers with distinct strengths. FBS, scoring 3.7/5, is known for its flexible deposit options including USDT TRC20 and a wide range of account types suitable for retail traders. Tickmill, scoring 4/5, excels with tighter spreads, faster execution, and a stronger regulatory framework including FCA and CySEC licenses alongside the local financial regulator. Both brokers accept Maltese clients and support local payment methods like Bank Transfer, Skrill, and Neteller. For Malta traders, the decision often hinges on whether you prioritize lower trading costs (Tickmill) or greater deposit flexibility (FBS). The local financial regulator oversees both, ensuring compliance with EU standards. This comparison focuses on key factors for Maltese traders: trading costs, platforms, regulation, and payment methods specific to Malta.
| Instrument | FBS | Tickmill | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Tickmill |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Tickmill |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Tickmill |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Tickmill |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $100 | Tickmill |
For Malta traders, trading costs are a critical factor. Tickmill offers raw spreads from 0.0 pips on its Pro account with a $3 commission per lot per side, making it cheaper for active traders. FBS spreads start from 0.3 pips on its ECN account with a similar commission structure. On a standard lot of EUR/USD, Tickmill's total cost is around $6 round turn, while FBS is approximately $9. For Malta traders executing 10+ lots per month, Tickmill saves $30 or more in spreads alone. The local financial regulator requires transparent cost disclosure, so both brokers clearly display spreads on their platforms.
| Account Type | FBS | Tickmill |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
| Entity / Asset | FBS | Tickmill |
|---|---|---|
| Malta (offshore) | Up to 1:3000 | Up to 1:1000 |
| Forex major pairs | 1:3000 | 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 | FBS | Tickmill | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | ✗ | FBS |
| Stocks / Share CFDs | ✗ | ✗ | Tickmill |
| ETFs | ✗ | ✗ | Tie |
| Platform | FBS | Tickmill |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both FBS and Tickmill offer MetaTrader 4 and MetaTrader 5, the industry-standard platforms favored by Malta traders. Tickmill also provides a WebTrader for browser-based trading, while FBS offers a proprietary mobile app with social trading features. For Malta traders who value advanced charting and automated trading, both platforms are equally capable. Tickmill's platforms are slightly more optimized for low-latency execution, which matters for scalpers. FBS's mobile app includes copy trading, appealing to less experienced retail traders in Malta.
| Factor | FBS | Tickmill | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Tickmill |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Tickmill offers superior execution quality with average execution speeds under 30ms and no requotes on most orders, thanks to its STP/ECN model. FBS execution averages around 50ms with occasional slippage during high volatility. For Malta traders using scalping or news trading strategies, Tickmill's faster execution reduces slippage risk. Both brokers offer market execution with no dealing desk intervention, but Tickmill's infrastructure is more reliable for high-frequency trading.
| Safety Factor | FBS | Tickmill |
|---|---|---|
| Primary regulator | IFSC | FCA |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FBS and Tickmill are regulated by the local financial regulator in Malta, ensuring compliance with EU MiFID II standards. Tickmill additionally holds licenses from the FCA (UK) and CySEC (Cyprus), providing an extra layer of oversight and investor protection up to €20,000 through the ICF. FBS is primarily regulated by the IFSC (Belize) and the local regulator, with no additional European licenses. For Malta traders, Tickmill's stronger regulatory framework offers greater security, especially for larger deposits. The local financial regulator mandates negative balance protection for both brokers, safeguarding Maltese clients from losing more than their deposit.
| Payment Method | FBS | Tickmill |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 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. | Most withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days. |
Malta traders can deposit and withdraw using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both FBS and Tickmill. FBS supports a wider range of options including Visa, Mastercard, and local European bank transfers, while Tickmill focuses on these core methods. Deposits via Skrill and Neteller are instant and fee-free for both brokers. USDT TRC20 deposits are processed within minutes, ideal for crypto users. Bank Transfer deposits may take 1-3 business days. Withdrawals are processed within 24 hours for e-wallets and 2-5 days for bank transfers. The local financial regulator requires segregated client funds, ensuring deposit safety. FBS has a slight edge with more payment options, but Tickmill offers faster withdrawal processing times on average.
| Islamic Account Feature | FBS | Tickmill |
|---|---|---|
| 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 FBS and Tickmill offer Islamic (swap-free) accounts for Malta Muslim traders who require Sharia-compliant trading. FBS provides Islamic accounts on all account types, including Standard, Cent, and ECN, with no swap fees on overnight positions. Tickmill offers Islamic accounts on Standard and Pro accounts only. Both brokers require a request for Islamic account activation, which is typically approved within 24 hours. The local financial regulator allows swap-free accounts as long as they are clearly labeled. For Malta traders, FBS offers more flexibility with Islamic accounts available on more account types.
| Support Feature | FBS | Tickmill | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
Both brokers offer 24/5 customer support in English, which suits Malta traders. Tickmill provides live chat, email, and phone support with average response times under 2 minutes. FBS offers live chat, email, and a callback service, with slightly longer response times. Tickmill's support team is known for faster resolution of account-specific issues, which is beneficial for Malta traders needing quick assistance during European trading hours.
| Mobile Feature | FBS | Tickmill | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FBS |
| Google Play rating | 4.3 stars | 4.2 stars | FBS |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FBS | Tickmill | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FBS |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Choose FBS if you...
Choose Tickmill if you...
For Malta traders in 2025, Tickmill is the stronger choice overall due to its tighter spreads, faster execution, and more robust regulatory framework including FCA and CySEC licenses alongside the local financial regulator. The 4/5 rating reflects its reliability for active traders. However, FBS (3.7/5) remains a solid option for retail traders who value flexible deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20, as well as Islamic accounts on all account types. If you prioritize lower trading costs and security, choose Tickmill. If you need more payment flexibility or are a beginner, FBS is a viable alternative. Both brokers are regulated by the local financial regulator, ensuring a safe trading environment for Maltese clients.