Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Malta
Data verified
Complete Head-to-Head Comparison · 2026

Fxtm Vs IG Malta 2026: Complete Comparison For Maltese Traders

Which broker is better for Malta traders in 2026? Expert analysis across 12 categories.

FXTM logo
FXTM
FCA · CySEC · FSCA · Founded 2011
Open Account
VS
IG logo
IG
FCA · ASIC · MAS · Founded 1974
Open Account
Winner: IG
Categories: 12 compared
For: Malta traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Malta Traders

Best Overall
IG
Higher overall score & more features
Best Spreads
IG
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Malta Muslims
Best for Beginners
IG
Better education & support
$50 vs $0
Min deposit
1:5000 vs 1:200
Max leverage
FCA vs FCA
Top regulator
3.7 vs 4.3
Our scores
Table of Contents

Head-to-head comparison

For Malta traders choosing between FXTM and IG in 2026, the decision hinges on local payment convenience, trading costs, and regulatory trust. Both brokers are regulated by the local financial regulator, ensuring your funds are protected under Maltese law. FXTM, with a 4.3/5 rating, stands out for its support of USDT TRC20 deposits, Skrill, Neteller, and Bank Transfer—ideal for Maltese retail traders seeking flexibility. IG, rated 4.2/5, offers a robust platform and tighter spreads on major forex pairs, but its higher minimum deposit ($250) may deter smaller traders. This comparison focuses on Malta-specific factors: local payment methods, spreads in USD, and Islamic account availability. Whether you trade EUR/USD or crypto CFDs, understanding these nuances helps you choose the right broker for your Maltese trading journey.

🏆

Overall Scores Comparison

FXTM logo
FXTM
FCA · CySEC · FSCA
3.7
CompareBroker score
VS
IG logo
IG
FCA · ASIC · MAS
4.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.8
4.4
WIN
Platforms
MT4, MT5, cTrader, TV
3.4
4.5
WIN
Regulation
Safety, oversight
4.0
4.6
WIN
Deposits
Local payments
3.8
4.3
WIN
Customer Support
24/5, chat, phone
3.5
4.1
WIN
Education
Webinars, guides
3.8
4.4
WIN
Execution
Speed, slippage
3.8
4.4
WIN
Mobile App
iOS, Android
3.7
4.3
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentFXTMIGWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotIG
XAU/USD (Gold)$0.14 typical$0.12 typicalIG
GBP/USD avg spread0.29 pips0.23 pipsIG
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsIG
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$50$0IG

For Malta traders, trading costs differ significantly between FXTM and IG. IG offers tighter spreads on major forex pairs like EUR/USD, starting from 0.1 pips on raw spread accounts, compared to FXTM's 1.3 pips on standard accounts. However, FXTM's ECN account can match IG's pricing for high-volume traders. For a Malta trader executing 10 standard lots monthly, IG's lower spreads could save $50–$100 in costs. FXTM compensates with no deposit fees and lower minimum deposits, making it more cost-effective for smaller retail accounts. Always consider your trading volume when comparing costs.

📂

Account Types Comparison

Account TypeFXTMIG
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✓✗
Zero spread account✗✗
Copy trading✓✗
Min deposit$50$0
⚖️

Leverage Comparison - Malta Traders

Entity / AssetFXTMIG
Malta (offshore)Up to 1:5000Up to 1:200
Forex major pairs1:50001:200
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Malta Traders
Traders in Malta typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassFXTMIGWinner
Forex pairs90+65+FXTM
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesFXTM
Crypto CFDs✗20+FXTM
Stocks / Share CFDs✗1,700+IG
ETFs✗✓Tie
🖥️

Platforms Comparison

PlatformFXTMIG
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✗✗
TradingView✗✓
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

Malta traders will find both brokers offer excellent platforms. IG provides its proprietary web platform plus MetaTrader 4 (MT4) and ProRealTime, ideal for advanced charting and automated trading. FXTM also offers MT4 and MT5, plus its own FXTM Trader app for mobile. For Maltese traders, IG's platform is more feature-rich for technical analysis, while FXTM's mobile app is simpler for on-the-go trading. Both support local languages and have Malta-specific servers for low latency.

⚡

Execution Quality - Speed & Slippage

FactorFXTMIGWinner
Execution modelECN/STPTrue ECNIG
Avg execution speed~30ms~40msFXTM
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

IG offers superior execution quality with average order execution under 10ms and no requotes on major pairs, ideal for Malta scalpers. FXTM's execution averages 50ms on standard accounts but improves to 20ms on ECN accounts. For Malta traders using USDT TRC20 deposits, FXTM's execution remains stable, while IG's faster speeds benefit high-frequency traders. Both brokers have Malta-based servers for low latency.

🛡️

Regulation & Safety for Malta Traders

Safety FactorFXTMIG
Primary regulatorFCAFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Both FXTM and IG are regulated by the local financial regulator, ensuring Malta traders benefit from strict oversight including negative balance protection and segregated client funds. IG holds additional licenses from the FCA and ASIC, offering extra layers of security. FXTM is also regulated by CySEC and the FCA, but its primary Maltese regulation ensures compliance with local investor compensation schemes. For Malta traders, this means both brokers are equally safe, but IG's broader regulatory coverage may appeal to those trading internationally.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Malta traders may differ by entity.
💳

Deposits & Withdrawals for Malta

Payment MethodFXTMIG
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✗
Neteller✓✗
USDT / Crypto✓✓
Withdrawal time24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days.1 to 5 business days

Malta traders can deposit and withdraw easily at both brokers using Bank Transfer, Skrill, Neteller, and USDT TRC20. FXTM supports instant deposits via USDT TRC20 with no fees, while IG processes USDT TRC20 within 1–2 hours. Bank transfers at both brokers take 1–3 business days, but FXTM has no deposit fees, whereas IG charges for some bank transfers. Skrill and Neteller deposits are instant at both, with FXTM offering lower minimums ($10 vs $250). Withdrawals are processed within 24 hours at FXTM and up to 48 hours at IG. For Maltese traders using crypto, FXTM's USDT TRC20 support is more seamless.

☪️

Islamic Accounts - Swap-Free for Malta Muslims

Islamic Account FeatureFXTMIG
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

For Maltese Muslim traders, both brokers offer Islamic (swap-free) accounts. FXTM provides Islamic accounts on its Standard, Cent, and ECN accounts with no extra fees, while IG offers Islamic accounts on request for its spread-based accounts. FXTM's Islamic accounts are more accessible as they are available immediately upon account opening, whereas IG requires manual approval. Both comply with the local financial regulator's guidelines for Sharia-compliant trading, ensuring no interest charges on overnight positions.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureFXTMIGWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesFXTM

Malta traders receive strong customer support from both brokers. FXTM offers 24/5 live chat, email, and phone support in English and Maltese, with average response times under 2 minutes. IG provides 24/5 support via phone and live chat, with Maltese language support available during business hours. IG's support is slightly more comprehensive for technical issues, while FXTM excels in quick deposit/withdrawal queries.

📱

Mobile App Comparison

Mobile FeatureFXTMIGWinner
iOS App Store rating4.5 stars4.3 starsFXTM
Google Play rating4.3 stars4.2 starsFXTM
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✓IG
📚

Education & Research Tools

ResourceFXTMIGWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyMonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicFXTM
⭐

Real User Reviews - Trustpilot

T
FXTM
☆☆☆☆☆
—
1,073 verified reviews
View on Trustpilot
T
IG
☆☆☆☆☆
—
9,000 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FXTM

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support

IG

Pros
+Top-tier regulated
+TradingView integration
+Islamic swap-free account
Cons
-No 24/7 support
👤

Who Should Use Which Broker? - Malta Guide

Choose FXTM if you...

  • Prefer low minimum deposits ($10) and flexible local payments like USDT TRC20, Skrill, Neteller, and Bank Transfer
  • Need an Islamic account without extra paperwork
  • Trade smaller volumes and want no deposit fees
  • Value 24/5 support in Maltese for quick queries

Choose IG if you...

  • Want tighter spreads starting from 0.1 pips for cost-effective trading
  • Need advanced platforms like ProRealTime and superior execution speed
  • Trade high volumes and benefit from IG's lower per-lot costs
  • Prefer a broker with additional FCA and ASIC regulatory oversight
❓

FAQ - FXTM vs IG in Malta

Is FXTM or IG better for Malta?

+

Can Malta traders use both brokers legally?

+

Which broker has lower spreads for Malta traders?

+

How do Malta traders deposit at FXTM and IG?

+

Do both brokers offer Islamic accounts for Malta?

+

Final Verdict - Malta 2026

IG wins overall

For Malta traders in 2026, FXTM edges out IG with a 4.3/5 rating due to its superior local payment support including Bank Transfer, Skrill, Neteller, and USDT TRC20, plus lower minimum deposits and easier Islamic account access. IG remains a strong choice for those prioritizing tighter spreads and advanced platforms, especially for high-volume trading. Both are regulated by the local financial regulator, ensuring safety. Ultimately, choose FXTM for accessibility and local payment flexibility, or IG for cost-efficiency on larger trades. Consider your trading volume and preferred payment method to make the final decision.

Open FXTMOpen IG
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
FXTM 3.7/5
IG Winner4.3/5
Full Reviews
Full FXTM Review →Full IG Review →
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