5 Best Forex Brokers in Malta
We have listed the 5 Best Forex Brokers in Malta that provide secure and efficient access to the global forex markets. These brokers are regulated by top-tier international authorities and cater to Maltese traders with tight spreads, advanced trading platforms, and transparent trading conditions. While Malta’s financial markets are overseen by the 🇲🇹 MFSA (Malta Financial Services Authority), many international brokers also operate under trusted global regulators. Maltese traders enjoy benefits such as EUR-denominated accounts, strong investor protection aligned with EU standards, and access to a wide range of instruments
5 Best Forex Brokers in Malta (2025)
- IC Markets – Overall, the Best Forex Broker in Malta.
- Vantage Markets – Low minimum deposit and competitive fees.
- Pepperstone – Low or no withdrawal fees in most regions.
- Axi – Beginner-friendly with strong educational tools.
- eToro – Leader in social and copy trading.
Top 10 Forex Brokers (Globally)
1. IC Markets
IC Markets operates as a globally accessible forex broker regulated by 🇸🇨 FSA. It does not hold specific approval from 🇲🇹 MFSA, but it still accepts traders who reside in Malta. Maltese traders can open accounts online and access their low spreads and fast trade execution environment.
| Feature | Description |
| Market Access | Maltese traders can register and trade without restriction |
| Trading Costs | Very low spreads and competitive commissions |
| Platforms | MT4 MT5 cTrader |
| Execution | Fast order execution suitable for scalping and automation |
| Support | Global service with multilingual assistance |
 | Minimum Deposit: $200 Regulated by: FSA Crypto: Yes |
Frequently Asked Questions
Is IC Markets officially authorized in Malta?
IC Markets is regulated by the 🇸🇨 FSA, not by the 🇲🇹 MFSA in Malta. However, Maltese traders are still allowed to open accounts and trade. The broker operates internationally and provides the same trading conditions to users in Malta as it does in other supported regions.
Can Maltese traders safely trade with IC Markets?
IC Markets follows regulatory standards under the 🇸🇨 FSA and maintains segregated client funds. While it does not operate under local 🇲🇹 MFSA oversight, many traders in Malta choose it for its tight spreads, fast execution, and established global reputation, especially among experienced traders.
| Minimum Deposit: $200 Regulated by: FSA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Very low spreads | Not 🇲🇹 MFSA regulated |
| Fast execution speeds | Limited local funding options |
| Supports MT4, MT5, cTrader | Education resources are basic |
| Suitable for scalping and bots | No fixed spread account option |
| Accepts Maltese traders | Global support response may vary |
Our Insights
IC Markets remains a strong choice for Maltese traders seeking a cost-efficient and execution-focused trading environment. Despite lacking local 🇲🇹 MFSA regulation, it delivers competitive pricing, platform flexibility, and robust trading performance that appeal to scalpers, algorithmic traders, and experienced market participants.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
2. Vantage Markets
Vantage Markets operates as a multi-regulated broker under 🇦🇺 ASIC, 🇰🇾 CIMA, 🇻🇺 VFSC, and 🇿🇦 FSCA. It does not hold authorization from 🇲🇹 MFSA in Malta, but Maltese traders can still open accounts and trade. Its appeal includes low-cost pricing, MT4 and MT5 access, and strong copy-trading features.
| Feature | Description |
| Market Access | Accepts traders in Malta |
| Minimum Deposit | Low entry starting from 50 USD |
| Trading Platforms | MT4 and MT5 supported |
| Copy Trading | ZuluTrade and Myfxbook integration |
| Spreads | Starts from 0.0 pips for active traders |
 | Minimum Deposit: $50 Regulated by: CIMA, VFSC, FSCA, ASIC Crypto: Yes |
Frequently Asked Questions
Is Vantage Markets officially authorized in Malta?
Vantage Markets does not operate under 🇲🇹 MFSA authorization. Instead, it maintains regulation under 🇦🇺 ASIC, 🇰🇾 CIMA, 🇻🇺 VFSC, and 🇿🇦 FSCA. Maltese traders may still register and trade through their global entities, accessing standard account types and trading conditions without location restrictions.
Can Maltese traders safely use Vantage Markets?
Vantage Markets follows regulatory oversight in several international jurisdictions and uses segregated client funds. While it does not hold local 🇲🇹 MFSA licensing in Malta, traders in Malta continue to choose it for its pricing transparency, platform flexibility, and social and copy-trading capabilities.
| Minimum Deposit: $50 Regulated by: CIMA, VFSC, FSCA, ASIC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Accepts traders in Malta | Not 🇲🇹 MFSA regulated |
| Low minimum deposit | Some accounts require commissions |
| Supports copy trading | Limited local payment options for Malta |
| MT4 and MT5 available | Customer support response can vary |
| Spreads from 0.0 pips | Educational depth varies |
Our Insights
Vantage Markets offers Maltese traders a flexible and cost-efficient trading setup with low spreads, strong platform support, and built-in social and copy-trading tools. Although it is not licensed by 🇲🇹 MFSA, it remains a practical option for traders who value pricing transparency and platform versatility.
| # | Criteria | Score |
| 1. | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2. | Range of Investments, Platforms and Tools | ⭐⭐⭐☆☆ |
| 3. | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4. | Research and Education | ⭐⭐☆☆☆ |
| 5. | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6. | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7. | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8. | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9. | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10. | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
3. Pepperstone
Traders in Malta can access Pepperstone via its EU licence – the broker does not hold a Maltese regulator authorisation, but it operates under the Cyprus Securities and Exchange Commission (CySEC), which covers Malta as part of the EU.
| Feature | Statement |
| Regulatory coverage in Malta | CySEC licence covers Malta |
| Access for Maltese residents | Yes, account opening permitted |
| Maltese‑issued licence | No Maltese‑specific licence held |
 | Minimum Deposit: $200 Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB Crypto: Yes |
Frequently Asked Questions
Is Pepperstone regulated for traders in Malta?
Yes, Pepperstone holds a licence from CySEC, which allows it to serve clients in Malta under EU rules.
Can traders in Malta open an account with Pepperstone?
Yes, Maltese residents are accepted and can open trading accounts under the CySEC‑regulated entity of Pepperstone.
| Minimum Deposit: $200 Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| EU regulation provides a trusted framework | Leverage capped at EU retail limits (e.g., 1:30) |
| Maltese traders are accepted under CySEC | No Maltese regulator oversight explicitly detailed |
| Broad range of instruments offered | Only CFDs offered; no spot forex account only |
| Trading platforms supported (MT4/MT5/cTrader) | Minimum recommended deposit may be higher than ultra‑low brokers |
| Strong global reputation and execution speeds | Investor compensation may differ from Maltese‑domiciled brokers |
Our Insights
For Malta‑based traders, Pepperstone offers a legal, EU‑regulated trading option via its CySEC licence. While it lacks a Maltese‑specific licence, it still stands as a solid choice under European regulation.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
Top 3 Forex Brokers in Malta – Compared
| Broker |  |  |  |
| Minimum Deposit | 200 USD | 50 USD | AU$10 |
| Spreads From | 0.0 pips | 0.0 pips | 0.0 pips |
| Commissions | Variable | From $3 per round turn | Yes |
| Swap Fees | Yes | Yes | Yes |
| Leverage | Up to 1:500 | Up to 1:500 | 1:500 (Pro) 1:200 (Retail) |
| Regulation | 🇸🇨 FSA | 🇰🇾 CIMA 🇻🇺 VFSC 🇿🇦 FSCA 🇦🇺 ASIC | 🇦🇺 ASIC 🇩🇪 BaFin 🇰🇪 CMA 🇨🇾 CySEC 🇦🇪 DFSA 🇬🇧 FCA 🇧🇸 SCB |
| Open an Account |  | | |
4. Axi
Axi holds licences from top regulators such as the Financial Conduct Authority (UK) and the Australian Securities and Investments Commission (Australia). However, it does not hold a license issued by the Malta Financial Services Authority (Malta) but does accept Malta‑resident retail traders.
| Feature | Statement |
| Maltese regulator authorisation | No Maltese licence held |
| Access for Maltese residents | Likely via EU entity, not explicitly detailed |
| Top‑tier regulatory oversight | Yes (FCA UK, ASIC Australia) |
 | Minimum Deposit: $5 Regulated by: ASIC, FCA, DFSA, VFSC Crypto: Yes |
Frequently Asked Questions
Is Axi licensed to serve traders in Malta?
No, Axi does not appear to have a Maltese licence from the MFSA. It operates under other jurisdictions and uses cross‑border arrangements for EU access.
Can traders in Malta open an account with Axi?
Possibly yes, but with conditions. Axi’s country list and affiliate documentation mention Malta as “Rest of European Union” rather than a specific Maltese inclusion, so acceptance may depend on which entity handles Maltese clients.
| Minimum Deposit: $5 Regulated by: ASIC, FCA, DFSA, VFSC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Established global broker with multiple licences | No Maltese regulator licence explicitly shown |
| Broad range of trading instruments | Client eligibility in Malta may vary |
| Strong platform support and tools | Potentially less local investor protection than Maltese‑licensed broker |
Our Insights
For Maltese traders, Axi offers access under EU regulatory coverage via another EU entity. Because it lacks a Maltese‑specific authorization, traders should confirm their account is handled by the correct regulated entity and understand the applicable protections.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
5. eToro
eToro holds a licence from the Cyprus Securities and Exchange Commission (CySEC) that allows it to serve clients across the EU, including Malta. For Malta specifically, the entity eToro Money Malta Ltd holds authorisation from the Malta Financial Services Authority (MFSA), mainly for e‑money services.
| Feature | Statement |
| Regulatory coverage in Malta | CySEC licence covers Malta via EU passport |
| MFSA authorisation | eToro Money Malta Ltd authorised for e‑money services |
| Maltese specific licence for trading | No separate MFSA investment services licence shown |
 | Minimum Deposit: $200 Regulated by: FCA, CySEC, MFSA, ADGM, ASIC, FSAS, FinCEN Crypto: Yes |
Frequently Asked Questions
Is eToro regulated for traders in Malta?
Yes. eToro (Europe) Ltd is regulated by CySEC and carries a passport to serve clients in Malta. Meanwhile, eToro Money Malta Ltd is authorised by the MFSA for electronic‑money services.
Can traders in Malta open an account with eToro?
Yes. Maltese residents can open an account with eToro under its EU-regulated status and enjoy full access to many assets, including forex pairs and CFDs.
| Minimum Deposit: $200 Regulated by: FCA, CySEC, MFSA, ADGM, ASIC, FSAS, FinCEN Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| EU regulated | No Maltese trading licence |
| Accepts Malta clients | Limited local investor protection |
| Wide asset range | CFDs high risk |
| Easy to use platform | Higher fees |
| Social trading features | Compensation varies |
Our Insights
For Malta‑based traders, eToro provides legitimate access via EU regulation and MFSA‑authorised local operations. While the main license is CySEC‑based, it qualifies for Maltese clients and stands as a solid choice under EU rules.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐☆☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐☆☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
5 Best Forex Brokers in Malta – Head to Head
| Popular among algorithmic and copy trading users due to stable trading conditions. | |  |
| Multi-regulated structure adds credibility for international and Maltese users. | | |
| Broad platform choice, including MT4, MT5, cTrader, and TradingView integration. | | |
 | Strong educational material geared toward beginner and intermediate traders. | | |
 | Wide asset selection including stocks, forex, crypto, ETFs, and commodities. | | |
Forex Trading in Malta – Quick Overview
Malta provides a secure and well-regulated environment for forex trading. As an EU member, it follows strict regulatory standards under the Malta Financial Services Authority (MFSA) and benefits from EU investor protections.
Traders in Malta can access a wide range of brokers operating under EU licences, use multiple trading platforms, and choose flexible account types with competitive spreads. The regulatory framework promotes transparency, protects client funds, and offers legal recourse when disputes arise.
Pros and Cons of Forex Trading in Malta
| ✓ Pros | ✕ Cons |
| Strong regulation | Leverage capped |
| EU investor protections | Limited broker choice locally |
| Access to global brokers | High compliance costs may affect fees |
| Multiple platforms | Limited high-risk products |
| Transparent trading conditions | Account opening can take time |
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In Conclusion
Forex trading in Malta offers strong regulatory oversight and allows traders to access international brokers and reliable trading platforms. Maltese traders gain transparency, fund security, and competitive trading conditions. Although EU rules limit leverage for retail clients, Malta maintains a safe and structured environment suitable for new and experienced traders.
Faq
Yes, forex trading is legal and regulated under the MFSA and EU directives.
Yes, Maltese traders can access brokers licensed in the EU under passporting rules.
Yes, EU regulations cap retail leverage, typically up to 1:30 for major currency pairs.
Funds are generally segregated and protected under EU investor safeguards.
MT4, MT5, cTrader, and some proprietary broker platforms are widely used.
