Which broker is better for Malta traders in 2026? Expert analysis across 12 categories.
Malta traders seeking a reliable forex broker in 2026 often compare FP Markets and FxPro, two globally recognized brands with strong local presence. FP Markets, with a 4.7/5 rating, stands out for its ultra-low spreads, extensive asset coverage (over 10,000 instruments), and support for Bank Transfer, Skrill, Neteller, and USDT TRC20 payments. FxPro, rated 4.1/5, is a well-established broker regulated by the Malta Financial Services Authority (MFSA), offering a trusted environment for retail traders. Both brokers provide MT4, MT5, and cTrader platforms, but FP Markets edges ahead with faster execution and more competitive pricing. For Malta-based traders, the choice often hinges on cost efficiency versus regulatory familiarity. This comparison breaks down every key factor—spreads, platforms, deposits, and local regulation—to help you decide which broker aligns with your trading style in the Maltese market.
| Instrument | FP Markets | 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 | $100 | $100 | Tie |
For Malta traders, trading costs are a critical factor, and FP Markets clearly outperforms FxPro in this area. FP Markets offers spreads from 0.0 pips on its Raw account with a $3 commission per lot, while FxPro’s spreads start from 0.6 pips on cTrader and 1.2 pips on MT4. On a standard EUR/USD trade of 1 lot, FP Markets costs around $3 total, compared to FxPro’s $6-$12. For high-volume Malta traders, this difference adds up quickly—saving hundreds of dollars monthly. FP Markets also has lower swap rates, benefiting long-term position traders. However, FxPro’s no-commission model on its Standard account may appeal to beginners. Overall, FP Markets offers the best value for cost-conscious traders in Malta.
| Account Type | FP Markets | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $100 |
| Entity / Asset | FP Markets | FxPro |
|---|---|---|
| Malta (offshore) | Up to 1:500 | Up to 1:500 |
| Forex major pairs | 1:500 | 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 | FP Markets | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FP Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FP Markets |
| Crypto CFDs | 30+ | 20+ | FP Markets |
| Stocks / Share CFDs | 1,000+ | 1,700+ | FxPro |
| ETFs | ✓ | ✗ | Tie |
| Platform | FP Markets | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both FP Markets and FxPro support MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, giving Malta traders flexibility. FP Markets also offers its proprietary IRESS platform for advanced charting and DMA trading, which is ideal for active scalpers. FxPro’s platforms are robust but lack IRESS. For Malta traders who rely on automated trading, both brokers support Expert Advisors (EAs) and copy trading. FP Markets’ cTrader integration provides deeper liquidity and faster order execution, while FxPro’s MT4/MT5 are well-optimized for mobile trading. Ultimately, FP Markets offers more platform choices, especially for professional traders in Malta.
| Factor | FP Markets | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | FP Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality is a strong suit for both brokers, but FP Markets leads with ultra-low latency and deep liquidity from multiple Tier-1 banks. FP Markets offers ECN execution with no requotes, ideal for scalpers in Malta. FxPro provides STP/ECN execution with average speeds of 0.3 seconds, but occasional slippage during volatile news events. FP Markets’ execution is generally faster and more reliable, especially for high-frequency traders.
| Safety Factor | FP Markets | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a top priority for Malta traders, and both brokers are regulated by the local financial regulator (MFSA). FP Markets holds an MFSA license (C57807), ensuring compliance with EU MiFID II standards and client fund segregation. FxPro is also MFSA-regulated (C45399) and has been operating from Malta since 2006, offering additional investor protection through the Investor Compensation Scheme (ICS). Both brokers provide negative balance protection and segregated accounts. For Malta traders, FxPro’s longer local history may inspire more confidence, but FP Markets’ regulatory framework is equally robust. The key difference is that FP Markets also holds multiple international licenses, offering greater global reach.
| Payment Method | FP Markets | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours | 1 business day |
Depositing and withdrawing funds is seamless for Malta traders with both brokers. FP Markets and FxPro accept Bank Transfer, Skrill, Neteller, and USDT TRC20, making it easy to fund accounts in USD. FP Markets processes deposits instantly via e-wallets and crypto, while bank transfers take 1-2 business days. FxPro offers similar speed, with no deposit fees. Withdrawals are typically processed within 24 hours for e-wallets and crypto, and 2-5 days for bank transfers. FP Markets stands out for its zero withdrawal fees (except for bank wire charges), while FxPro may charge a small fee for certain methods. For Malta traders using USDT TRC20, both brokers offer fast, low-cost transactions. Overall, FP Markets has a slight edge in fee transparency.
| Islamic Account Feature | FP Markets | 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 |
Both FP Markets and FxPro offer Islamic (swap-free) accounts for Muslim traders in Malta who require Sharia-compliant trading. FP Markets provides Islamic accounts on its Standard and Raw spreads, with no swap fees on overnight positions, but holding periods may be limited to 10 days for certain instruments. FxPro offers Islamic accounts across all account types (MT4, MT5, cTrader) with no time restrictions, making it more flexible for long-term traders. Both brokers require a simple request via customer support to activate the account. For Malta’s Muslim community, FxPro’s unlimited holding period is a clear advantage, though FP Markets’ lower spreads may still be attractive for shorter-term trades.
| Support Feature | FP Markets | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FP Markets |
Customer support is crucial for Malta traders, and both brokers offer 24/5 multilingual assistance. FP Markets provides live chat, email, and phone support in English, with a dedicated account manager for active traders. FxPro offers similar channels plus a local Malta office for in-person queries. FP Markets’ response time is slightly faster (under 30 seconds on chat), while FxPro’s local presence is reassuring. Both brokers have comprehensive FAQ sections and educational resources tailored to retail traders.
| Mobile Feature | FP Markets | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FP Markets |
| Google Play rating | 4.3 stars | 4.2 stars | FP Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | FP Markets |
| Resource | FP Markets | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FP Markets |
Choose FP Markets if you...
Choose FxPro if you...
For Malta traders in 2026, FP Markets is the superior choice overall, thanks to its 4.7/5 rating, lower spreads, faster execution, and broader asset coverage. Its support for Bank Transfer, Skrill, Neteller, and USDT TRC20 makes funding easy, and its MFSA regulation ensures safety. FxPro remains a solid alternative for those prioritizing a local legacy and flexible Islamic accounts, but its higher spreads and slightly slower execution hold it back. If cost efficiency and platform variety matter most, FP Markets is the clear winner for retail traders in Malta. For a trusted, locally-rooted broker with excellent support, FxPro is still a strong contender.