Which broker is better for Malta traders in 2026? Expert analysis across 12 categories.
Malta traders looking for a reliable forex broker have two strong options: FxPro and Libertex. Both are regulated by the local financial regulator, ensuring a safe trading environment. FxPro, with a score of 4.1/5, is a globally recognized broker known for its tight spreads, advanced platforms like MT4 and MT5, and a wide range of tradable assets including forex, indices, and commodities. Libertex, scoring 3.7/5, is a user-friendly broker popular among beginners for its intuitive platform and clear fee structure. For Malta traders, local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 are supported by both brokers, making deposits and withdrawals convenient. This comparison will help you decide which broker suits your trading style, whether you prioritize low costs, platform features, or ease of use.
| Instrument | FxPro | Libertex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $10 | Libertex |
When comparing trading costs for Malta traders, FxPro has a clear edge. On its Pro account, EUR/USD spreads start from 0.6 pips, with a commission of $4.50 per lot. Libertex's spreads start from 1.2 pips with no commission, but the wider spread means higher costs for frequent traders. For a Malta trader executing 10 lots per month, FxPro's total cost is around $45 in commission plus $60 in spreads (at 0.6 pips), totaling $105. Libertex would cost $120 in spreads alone (at 1.2 pips). Thus, FxPro is more cost-effective for active traders, while Libertex suits those who trade less frequently.
| Account Type | FxPro | Libertex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $10 |
| Entity / Asset | FxPro | Libertex |
|---|---|---|
| Malta (offshore) | Up to 1:500 | Up to 1:999 |
| Forex major pairs | 1:500 | 1:999 |
| 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 | FxPro | Libertex | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FxPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FxPro |
| Crypto CFDs | 30+ | 20+ | FxPro |
| Stocks / Share CFDs | 1,000+ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
| Platform | FxPro | Libertex |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FxPro offers industry-standard platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and its proprietary FxPro Edge platform. These are ideal for Malta traders who need advanced charting, automated trading, and custom indicators. Libertex provides its own proprietary platform, which is web-based and mobile-friendly, with a simple interface suitable for beginners. Libertex also offers MT4 and MT5, but only through its partnership with FXTM. For Malta traders who value flexibility and advanced tools, FxPro is the better choice. Beginners may prefer Libertex's streamlined experience.
| Factor | FxPro | Libertex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Libertex |
| Avg execution speed | ~30ms | ~40ms | FxPro |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
FxPro uses Straight Through Processing (STP) and No Dealing Desk (NDD) execution, with average execution speeds under 50ms. This ensures minimal slippage and fast order fills, ideal for scalpers and high-frequency traders. Libertex uses a market maker model, which may result in slower execution and potential requotes. For Malta traders who value speed and reliability, FxPro's execution quality is superior.
| Safety Factor | FxPro | Libertex |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FxPro and Libertex are regulated by the local financial regulator in Malta, ensuring strict compliance with EU financial regulations, including client fund segregation and negative balance protection. FxPro also holds licenses from the FCA (UK) and CySEC (Cyprus), adding an extra layer of security. Libertex is regulated by the local financial regulator and the FSC (Belize), but its Belize license offers less protection. For Malta traders, regulation by the local financial regulator means both brokers are safe, but FxPro's additional FCA regulation provides greater trust.
| Payment Method | FxPro | Libertex |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 business day | 5 business days |
Malta traders can fund their accounts at both FxPro and Libertex using Bank Transfer, Skrill, Neteller, and USDT TRC20. Bank Transfers are free but take 1-3 business days to process. Skrill and Neteller deposits are instant and free, making them ideal for quick funding. USDT TRC20 deposits are also instant and free, perfect for crypto users. Withdrawals are processed within 1-2 business days for e-wallets and 3-5 business days for bank transfers. FxPro has no deposit fees, while Libertex may charge a small fee for certain methods. Both brokers support withdrawals in USD, which is convenient for Malta traders.
| Islamic Account Feature | FxPro | Libertex |
|---|---|---|
| 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 FxPro and Libertex offer Islamic (swap-free) accounts for Malta Muslim traders. These accounts comply with Sharia law by not charging or paying overnight interest on positions held beyond the trading day. FxPro provides Islamic accounts on its Standard and Pro accounts, with no additional fees. Libertex offers Islamic accounts on all account types, but traders must request them via customer support. Both brokers require a minimum deposit of $100 for Islamic accounts. For Malta traders seeking ethical trading, both options are viable, but FxPro's wider range of platforms is a plus.
| Support Feature | FxPro | Libertex | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FxPro |
FxPro offers 24/5 multilingual customer support via live chat, email, and phone, with a dedicated team for Malta traders. Libertex also provides 24/5 support via live chat and email, but phone support is limited. FxPro's support is generally faster and more responsive, especially for technical issues. For Malta traders, FxPro's local language support and quick response times give it an edge.
| Mobile Feature | FxPro | Libertex | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FxPro |
| Google Play rating | 4.3 stars | 4.2 stars | FxPro |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FxPro | Libertex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FxPro |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FxPro |
Choose FxPro if you...
Choose Libertex if you...
For Malta traders, FxPro is the better overall choice due to its lower spreads, advanced platforms, and strong regulation from the local financial regulator and FCA. It suits active traders who need fast execution and cost efficiency. Libertex is a viable alternative for beginners or those who prefer a simpler trading experience with commission-free pricing. Both brokers support convenient local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits and withdrawals easy. Ultimately, FxPro's higher score of 4.1/5 reflects its superior offering for most Malta traders, while Libertex's 3.7/5 score makes it a solid option for specific needs.