FxPro vs Plus500: Malta Trader Comparison 2026

When comparing trading costs for Malta traders, FxPro edges ahead with variable spreads starting from 0.0 pips on its Raw Spread account (plus a $3.5 commission per lot). Plus500 uses a fixed spread model with no commission, but average spreads on EUR/USD are around 0.6-0.8 pips versus FxPro's 0.2-0.3 pips on the same pair. For high-volume traders making dozens of trades daily, FxPro's lower spreads translate into significant savings. However, occasional traders may prefer Plus500's simplicity and predictable costs. Both brokers are transparent about fees, with no hidden charges for Malta clients.

FxPro provides Malta traders with a choice of MetaTrader 4, MetaTrader 5, cTrader, and its proprietary FxPro Edge platform, catering to both beginners and advanced users. Plus500 offers only its web-based and mobile platform, which is intuitive but lacks advanced charting tools. For Maltese traders who rely on automated strategies or EAs, FxPro is the clear winner. Plus500’s platform is better suited for those who want quick execution and a clean interface without extra features. Both platforms are available in English and support local time zones.

FxPro uses No Dealing Desk (NDD) execution with access to multiple liquidity providers, ensuring fast fills and minimal slippage for Malta traders. Plus500 operates a Market Maker model, which can lead to requotes during volatile markets. For scalpers or day traders in Malta, FxPro’s execution is superior, while Plus500 is adequate for longer-term positions.

Both FxPro and Plus500 are regulated by the Malta Financial Services Authority (MFSA), providing Malta traders with strong investor protection. FxPro also holds licenses from the FCA (UK) and CySEC (Cyprus), adding an extra layer of oversight. Plus500 is listed on the London Stock Exchange and follows strict EU regulatory standards. For Malta residents, this means client funds are segregated, negative balance protection applies, and any disputes can be escalated to the MFSA. This local regulation ensures a safe trading environment for Maltese retail traders.

Malta traders can fund their accounts at both brokers using Bank Transfer, Skrill, Neteller, and USDT TRC20, with FxPro also accepting credit/debit cards and PayPal. Minimum deposits are $100 for both, though FxPro’s Raw Spread account requires a $500 minimum. Withdrawals are processed within 1-2 business days for e-wallets and 3-5 days for bank transfers. FxPro offers free withdrawals, while Plus500 charges a small fee for bank transfers (typically €2-€5). USDT TRC20 deposits are processed instantly with no fees at both brokers, making crypto deposits a convenient option for Maltese traders. Always check for any currency conversion fees, as accounts are in USD.

Both FxPro and Plus500 offer swap-free Islamic accounts for Muslim traders in Malta, in compliance with Sharia law. FxPro requires a manual request after account opening and applies no swap charges on overnight positions. Plus500 automatically converts eligible accounts to Islamic status upon request, with no extra documentation needed. Neither broker charges additional fees for these accounts. This makes both brokers accessible to Malta’s Muslim community, though FxPro’s wider product range may appeal more to those trading multiple asset classes.

FxPro provides 24/5 multilingual customer support via live chat, email, and phone, with a dedicated Maltese-speaking team available during market hours. Plus500 offers 24/7 live chat and email support, but phone support is limited to certain hours. For Malta traders, FxPro’s local phone number and quicker response times are a clear advantage.