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

Malta retail traders comparing Pepperstone vs Hantec Markets face a clear choice between two MFSA-regulated brokers, but with distinct differences in cost, execution, and platform variety. Pepperstone, rated 4.9/5, is a global forex and CFD leader known for ultra-low spreads and fast execution, while Hantec Markets (3.6/5) offers a more traditional brokerage experience with a focus on personalised service. Both accept Malta traders and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT. This comparison digs into trading costs, platform features, regulation, and deposit options specifically for Maltese users, helping you decide which broker fits your trading style and budget.

| Instrument | Pepperstone | Hantec Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Hantec Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Hantec Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Hantec Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Hantec Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $1000 | Pepperstone |
| Inactivity fee | ✓ | ✓ | Tie |
For Malta traders, trading costs are a key differentiator. Pepperstone’s Razor account offers spreads from 0.0 pips with a $7 round-turn commission per lot, while Hantec Markets’ standard account has spreads from 1.2 pips with no commission. On a typical 10-lot EUR/USD trade, Pepperstone costs about $70 in commission versus Hantec’s $120 in spread cost, saving $50 per trade. Pepperstone also offers lower swap rates and no deposit fees, making it more cost-effective for active Maltese traders.
| Account Type | Pepperstone | Hantec Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| VPS trading | ✓ | ✓ |
| Min deposit | $0 | $1000 |
| Neg. balance protection | ✓ | ✓ |
| Entity / Asset | Pepperstone | Hantec Markets |
|---|---|---|
| Malta (offshore) | Up to 1:500 | Up to 1:500 |
| Forex major pairs | 1:500 | 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 |
| Margin call level | 80% | 80% |
| Stop out level | 50% | 50% |
| Asset Class | Pepperstone | Hantec Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Pepperstone |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Pepperstone |
| Crypto CFDs | 30+ | ✗ | Pepperstone |
| Stocks / Share CFDs | ✗ | 1,700+ | Hantec Markets |
| ETFs | ✗ | ✗ | Tie |
| Options | ✗ | ✗ | Tie |
| Futures | ✗ | ✗ | Tie |
| Platform | Pepperstone | Hantec Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✓ Exclusive | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
| Fixed spreads | ✗ | ✗ |
| Variable spreads | ✓ | ✓ |
Pepperstone provides MetaTrader 4, MetaTrader 5, cTrader, and TradingView, offering Malta traders flexibility across desktop, web, and mobile. Hantec Markets offers only MetaTrader 4 and a proprietary web platform, which is less advanced. For Malta traders who rely on automated trading or advanced charting, Pepperstone’s cTrader and TradingView integration give a clear edge. Hantec’s platform is simpler but adequate for manual traders.
| Factor | Pepperstone | Hantec Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Hantec Markets |
| Avg execution speed | ~30ms | ~40ms | Pepperstone |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Dealing desk | ✗ | ✗ | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| News trading | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Pepperstone uses Equinix NY4 data centres and advanced technology to deliver execution speeds under 30 milliseconds, ideal for scalpers and high-frequency Malta traders. Hantec Markets uses a standard dealing desk model with slower execution and occasional requotes. For Malta traders prioritising speed and slippage control, Pepperstone is the clear winner.
| Safety Factor | Pepperstone | Hantec Markets |
|---|---|---|
| Primary regulator | FCA | FCA |
| Reg number | #684312 | #502635 |
| Verify registration | Verify ↗ | Verify ↗ |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both Pepperstone and Hantec Markets are regulated by the Malta Financial Services Authority (MFSA), ensuring Malta traders are protected under local investor compensation schemes up to €20,000. Pepperstone also holds additional licences in the UK and Australia, adding an extra layer of oversight. Hantec Markets is solely MFSA-regulated. For Malta residents, both brokers comply with MiFID II, but Pepperstone’s broader regulatory footprint offers more security for larger accounts.
| Payment Method | Pepperstone | Hantec Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Deposit fee | None | None |
| Withdrawal time | Same business day if submitted before 07:00 AEST; otherwise next business day; bank wire several days | Cards/e-wallets instant-minutes; crypto 1-3h; bank wire 2-4 business days (some sources cite up to 7); internal processing as fast as 5 min, cutoff 14:00 GMT |
| Min withdrawal | $50 | $50 |
Malta traders can fund accounts at both brokers using Bank Transfer, Skrill, Neteller, and USDT. Pepperstone also accepts credit/debit cards and PayPal, while Hantec Markets adds local bank transfers. Minimum deposits are $200 for Pepperstone and $100 for Hantec Markets. Withdrawals are processed within 24 hours for e-wallets and USDT at Pepperstone, while Hantec Markets takes 1-3 business days. Both brokers charge no fees for deposits or withdrawals, but bank transfers may incur intermediary charges. USDT deposits (via ERC-20 or TRC-20) are instant and popular among Malta crypto users.
| Islamic Account Feature | Pepperstone | Hantec Markets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| Gold swap-free | ✓ | ✓ |
| Crypto swap-free | ✓ | — |
| How to apply | Contact support | Contact support |
Both Pepperstone and Hantec Markets offer swap-free Islamic accounts for Malta’s Muslim traders. Pepperstone provides this on all account types with no extra fees, while Hantec Markets requires a written request and may apply a small fee after 30 days. Pepperstone’s Islamic account also supports cTrader and MT5, giving more platform choice. For Malta traders seeking a truly swap-free experience, Pepperstone is the more accommodating option.
| Support Feature | Pepperstone | Hantec Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| 24/5 support | ✓ | ✓ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Pepperstone |
Pepperstone offers 24/5 multilingual customer support via live chat, email, and phone, with a dedicated Maltese phone line. Hantec Markets provides support during European hours via email and phone, with slower response times. Malta traders will find Pepperstone’s support more accessible and faster for urgent queries.
| Mobile Feature | Pepperstone | Hantec Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5★ | 4.3★ | Pepperstone |
| Google Play rating | 4.3★ | 4.2★ | Pepperstone |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| Mobile deposit/withdrawal | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | Pepperstone |
| Dark mode | ✓ | ✓ | Tie |
| Resource | Pepperstone | Hantec Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Pepperstone |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Pepperstone |
| Beginner resources | Excellent | Basic | Pepperstone |
Choose Pepperstone if you...
Choose Hantec Markets if you...
For Malta retail traders, Pepperstone is the superior choice overall, offering lower trading costs, faster execution, and more platform options. Its support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT makes deposits seamless, while its MFSA regulation ensures safety. Hantec Markets is a viable alternative for beginners or those who prefer a simpler, lower-minimum-deposit broker, but its higher spreads and slower execution make it less competitive. If you trade actively or value cost efficiency, Pepperstone is the clear winner for Malta traders in 2026.