Which broker is better for Malta traders in 2026? Expert analysis across 12 categories.
For Malta-based retail traders looking to trade forex, CFDs, and other instruments, choosing between IG and Admirals is a critical decision. Both brokers are well-established, regulated by the local financial regulator, and offer localized services for Maltese clients. IG, with a score of 4.2/5, is known for its extensive market coverage, advanced trading platforms, and educational resources, making it a strong choice for traders who value research and analytics. Admirals, scoring 4.1/5, stands out for its competitive spreads, transparent pricing, and user-friendly interface, appealing to cost-conscious traders. Malta traders can deposit using Bank Transfer, Skrill, Neteller, or USDT TRC20 at both brokers, ensuring convenient funding. This comparison will help you decide which broker aligns best with your trading style and local needs.
| Instrument | IG | Admirals | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Admirals |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Admirals |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Admirals |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Admirals |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $1 | IG |
When comparing trading costs for Malta traders, Admirals has a clear advantage on spreads for major forex pairs, with its Zero account offering spreads from 0.0 pips plus a commission. IG’s standard spreads are slightly higher, but its tiered pricing model reduces costs for high-volume traders. For example, a Malta trader executing 10 standard lots on EUR/USD monthly may pay around $100 in spreads at Admirals versus $120 at IG. However, IG charges no commission on its standard account, which can benefit smaller traders. Overall, Admirals is more cost-effective for active scalpers, while IG offers better value for traders who prioritize all-in-one pricing.
| Account Type | IG | Admirals |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $1 |
| Entity / Asset | IG | Admirals |
|---|---|---|
| Malta (offshore) | Up to 1:30 | Up to 1:500 |
| Forex major pairs | 1:30 | 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 | IG | Admirals | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | IG |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IG |
| Crypto CFDs | 30+ | 20+ | IG |
| Stocks / Share CFDs | 1,000+ | 1,700+ | Admirals |
| ETFs | ✓ | ✓ | Tie |
| Platform | IG | Admirals |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
IG provides its proprietary web platform, MetaTrader 4 (MT4), and the advanced ProRealTime, catering to Malta traders who need robust charting and automated trading. Admirals also offers MT4 and MT5, plus its own WebTrader, with a focus on simplicity and mobile trading. For Maltese users, IG’s platforms are more feature-rich, with integrated news and sentiment tools, while Admirals’ platforms are easier to navigate for beginners. Both brokers support fast execution and local language options, but IG’s platform suite is better suited for experienced traders seeking depth.
| Factor | IG | Admirals | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Admirals |
| Avg execution speed | ~30ms | ~40ms | IG |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
IG provides fast execution with an average speed of 50-100 milliseconds, using a market maker model that ensures liquidity for Malta traders. Admirals uses a straight-through processing (STP) model, offering execution speeds of 40-80 milliseconds with no requotes. For Maltese retail traders, both brokers deliver reliable execution, but Admirals’ STP model may offer less slippage during volatile markets.
| Safety Factor | IG | Admirals |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both IG and Admirals are regulated by the local financial regulator, providing Malta traders with a high level of protection, including negative balance protection and segregated client funds. IG is also regulated by the FCA in the UK and ASIC in Australia, adding an extra layer of oversight. Admirals is additionally regulated by the FCA and CySEC, ensuring compliance with EU standards. For Maltese traders, this dual regulation means both brokers adhere to strict capital adequacy and transparency rules, making them equally trustworthy for retail trading.
| Payment Method | IG | Admirals |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 1 to 5 business days | e-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days. |
Malta traders can fund their accounts at IG and Admirals using Bank Transfer, Skrill, Neteller, and USDT TRC20. Bank transfers at IG typically take 1-2 business days and are free, while Admirals processes them within 24 hours. E-wallet deposits via Skrill and Neteller are instant at both brokers, with no fees. USDT TRC20 deposits are a modern option, credited within minutes at both brokers, ideal for crypto-savvy Maltese traders. Withdrawals follow similar timelines: bank transfers take 1-3 days, e-wallets are instant, and USDT withdrawals are processed within hours. Both brokers have no minimum deposit requirements for Malta clients, making them accessible for all retail traders.
| Islamic Account Feature | IG | Admirals |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Malta Muslim traders requiring Sharia-compliant accounts, both IG and Admirals offer swap-free Islamic accounts. IG’s Islamic account is available on request and covers most tradable instruments, with no swap or interest charges on overnight positions. Admirals provides a dedicated Islamic account with zero swap fees, applicable to forex, indices, and commodities. Both accounts are subject to approval and comply with local regulatory guidelines, ensuring ethical trading practices for Maltese residents.
| Support Feature | IG | Admirals | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IG |
IG offers 24/5 customer support via live chat, phone, and email, with a dedicated Maltese language line available during business hours. Admirals provides support 24/5 through live chat and phone, with email responses within 24 hours. Both brokers have local phone numbers for Malta, but IG’s extended hours and multilingual team give it a slight edge for urgent queries.
| Mobile Feature | IG | Admirals | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IG |
| Google Play rating | 4.3 stars | 4.2 stars | IG |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | IG |
| Resource | IG | Admirals | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IG |
Choose IG if you...
Choose Admirals if you...
For Malta traders, IG is the better choice for those who want a broad market range, advanced tools, and strong regulatory oversight, while Admirals excels for cost-conscious traders seeking low spreads and straightforward execution. Both brokers support local deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20, and are regulated by the local financial regulator, ensuring a secure trading environment. If you prioritize research and variety, go with IG; if low costs and simplicity matter more, choose Admirals. Either way, you’ll get a reliable trading experience tailored to Malta.