FXTM vs FxPro: Which Broker Is Best for Malta Traders in 2026?

For Malta traders, trading costs are a critical factor, especially when trading in USD. FXTM offers spreads as low as 0.1 pips on its ECN account, with a commission of $2 per lot per side. FxPro’s Raw+ account starts from 0.2 pips with a $4.5 commission per lot. On a standard account, FXTM’s spreads average 1.2 pips, while FxPro’s average 1.4 pips. For high-volume traders, FXTM’s lower spreads can save significant costs over time. Additionally, FXTM has no hidden fees on deposits, whereas FxPro charges a small fee for certain bank transfers. When trading 10 lots per month, FXTM is roughly 15-20% cheaper in total trading costs for Malta traders.

Both brokers offer the industry-standard MetaTrader 4 and MetaTrader 5 platforms, but FxPro also provides cTrader, which is popular among scalpers for its advanced order types and depth of market. For Malta traders who prefer mobile trading, both brokers have robust apps. FXTM’s proprietary platform is user-friendly for beginners, while FxPro’s cTrader offers more advanced charting tools. If you trade on the go, both are reliable, but FxPro’s execution speed on cTrader is slightly faster, which can be an edge for short-term strategies.

Execution quality is where FxPro shines, with an average execution speed of 12 milliseconds on its cTrader platform, compared to FXTM’s 20 milliseconds. Both brokers use No Dealing Desk (NDD) execution on ECN accounts, ensuring minimal slippage. For Malta traders engaged in scalping or high-frequency trading, FxPro’s faster execution can reduce slippage and improve trade outcomes. FXTM is still reliable but slightly slower.

Both FXTM and FxPro are regulated by the Malta Financial Services Authority (MFSA), meaning they adhere to strict client money segregation and negative balance protection rules. For Malta traders, this provides peace of mind that funds are held in segregated accounts with top-tier banks. FXTM is also regulated by the FCA and CySEC, while FxPro has additional licenses from the FCA and SCB. The MFSA oversight ensures that both brokers follow local investor compensation schemes, covering up to €20,000 per client in case of insolvency. This makes both brokers highly trustworthy for Malta residents.

Malta traders have several convenient deposit and withdrawal options at both brokers. FXTM supports Bank Transfer, Skrill, Neteller, and USDT TRC20, with instant processing for e-wallets and crypto. FxPro also accepts these methods, but USDT TRC20 deposits may take up to 3 hours to reflect. Minimum deposits are $100 for FXTM and $100 for FxPro. Withdrawals are free at both brokers for most methods, though FXTM processes within 24 hours for e-wallets, while FxPro takes 1-2 business days. Bank transfers at both take 1-3 business days. For Malta traders using USDT TRC20, FXTM is faster and more reliable, with no conversion fees. Overall, FXTM offers a slight edge in speed and fee transparency for local payment methods.

Both brokers offer Islamic (swap-free) accounts for Malta traders who require Sharia-compliant trading. FXTM provides Islamic accounts on all account types (Standard, ECN, and Shares) without any additional charges. FxPro also offers swap-free accounts but requires traders to request it after opening a standard account, and it may not be available on all instruments. FXTM’s policy is more straightforward, with no time limit on holding positions, while FxPro may impose a fee if positions are held for more than 10 days. For Muslim traders in Malta, FXTM is the more accommodating choice.

Customer support is available 24/5 from both brokers via live chat, email, and phone. FXTM offers support in English and Maltese, while FxPro primarily uses English. FXTM’s response time is typically under 1 minute for live chat, compared to FxPro’s 2-3 minutes. For Malta traders, FXTM’s local language support can be a significant advantage, especially for beginners who prefer to communicate in Maltese.