Which broker is better for Malta traders in 2026? Expert analysis across 12 categories.
For Malta traders looking to choose between IG and Trade Nation in 2026, the decision hinges on trading style, experience level, and cost preferences. IG, with a strong 4.2/5 rating, is a global powerhouse offering over 17,000 markets including forex, indices, commodities, and shares. Trade Nation, rated 3.9/5, is a smaller but reliable broker focused on simplicity and fixed pricing. Both are regulated by the local financial regulator in Malta, ensuring compliance with local laws and client fund protection. Maltese traders benefit from localized support and multiple deposit options like Bank Transfer, Skrill, Neteller, and USDT TRC20. Whether you trade from Sliema or Valletta, this comparison breaks down spreads, platforms, and regulation to help you pick the right broker for your needs.
| Instrument | IG | Trade Nation | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Trade Nation |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Trade Nation |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Trade Nation |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Trade Nation |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $0 | Tie |
For Malta traders, trading costs are a key factor. IG offers variable spreads starting from 0.6 pips on EUR/USD, which can drop further for high-volume traders. Trade Nation uses fixed spreads, typically around 1.0 pip on the same pair, making it more predictable but less competitive for frequent traders. IG also charges a small commission on share CFDs, while Trade Nation includes all costs in the spread. Over a month of active trading, Maltese traders on IG could save 20-30% on spread costs compared to Trade Nation, especially when trading larger volumes.
| Account Type | IG | Trade Nation |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $0 |
| Entity / Asset | IG | Trade Nation |
|---|---|---|
| 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 | Trade Nation | 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+ | ✗ | Trade Nation |
| ETFs | ✓ | ✗ | Tie |
| Platform | IG | Trade Nation |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✓ | ✓ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✗ |
| Hedging allowed | ✓ | ✓ |
IG provides Malta traders with its proprietary web platform, MetaTrader 4 (MT4), and ProRealTime, offering advanced charting, automated trading, and customizable indicators. Trade Nation uses a simpler, user-friendly web platform and mobile app, ideal for beginners. IG's platform is better for technical analysis and algorithmic trading, while Trade Nation's ease of use suits casual traders. Both platforms are available in English and support local time zones, but IG's superior tools give it an edge for serious Maltese traders.
| Factor | IG | Trade Nation | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Trade Nation |
| 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 offers ultra-fast execution with no requotes, using a straight-through processing (STP) model. Trade Nation also provides reliable execution but may have occasional slippage during volatile markets. For Malta traders trading news events or scalping, IG's execution speed and reliability are superior, ensuring orders are filled at expected prices with minimal delay.
| Safety Factor | IG | Trade Nation |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both IG and Trade Nation are regulated by the local financial regulator in Malta, providing Maltese traders with strong investor protection under MiFID II. IG is also listed on the London Stock Exchange and regulated by the FCA, adding an extra layer of oversight. Trade Nation is regulated by the FCA and ASIC in addition to the local regulator. This means both brokers offer negative balance protection, segregated client accounts, and access to the Financial Ombudsman Service in Malta, ensuring a safe trading environment.
| Payment Method | IG | Trade Nation |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✗ |
| Neteller | ✗ | ✗ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 1 to 5 business days | 2 working days |
Malta traders can fund their IG or Trade Nation accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20. Bank Transfers are free but take 1-2 business days, while Skrill and Neteller deposits are instant with no fees from the broker. USDT TRC20 deposits are processed within minutes and are popular for crypto-savvy Maltese traders. Minimum deposit is $250 for IG and $200 for Trade Nation. Withdrawals are processed within 1-2 business days for e-wallets and up to 5 days for bank transfers. Both brokers handle withdrawals efficiently, but e-wallet options are fastest for Malta residents.
| Islamic Account Feature | IG | Trade Nation |
|---|---|---|
| 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 IG and Trade Nation offer Islamic (swap-free) accounts for Maltese Muslim traders, in compliance with Sharia law. These accounts do not charge or pay overnight swap fees on positions held beyond one day. To open an Islamic account, Malta traders must request it during registration and provide a declaration of faith. Both brokers ensure that swap-free accounts are available across all account types, though IG offers them on more instruments. This makes both brokers suitable for Muslim traders in Malta seeking ethical trading options.
| Support Feature | IG | Trade Nation | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IG |
IG provides 24/5 multilingual customer support via live chat, phone, and email, with a dedicated team for Maltese traders. Trade Nation offers support during market hours (Monday to Friday) via live chat and email, with no phone support. IG's support is more comprehensive and available longer, which is beneficial for Maltese traders who trade outside standard hours or need immediate assistance.
| Mobile Feature | IG | Trade Nation | 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 | ✓ | ✓ | Tie |
| Resource | IG | Trade Nation | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | IG |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IG |
Choose IG if you...
Choose Trade Nation if you...
For most Malta traders, IG is the better choice due to its higher rating, lower spreads for active trading, superior platforms, and comprehensive support. Trade Nation is a solid alternative for beginners or those who value simplicity and fixed costs. Both brokers are regulated by the local financial regulator, so safety is assured. Maltese traders using Bank Transfer, Skrill, Neteller, or USDT TRC20 will find both brokers accommodating. If you trade frequently or need advanced features, go with IG. If you're starting out and want a no-fuss experience, Trade Nation is a reliable pick.