Best Forex Brokers Malta 2023

April 24, 2023

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Best Online Brokers for Malta

IG

- 9.9/10 Overall
FOREX.com

- 9.3/10 Overall
XTB - 9/10 Overall
eToro - 8.8/10 Overall
AvaTrade - 8.6/10 Overall
FXCM

- 8.5/10 Overall
Plus500 - 8.5/10 Overall
XM Group - 8.4/10 Overall
Pepperstone - 8.4/10 Overall
Admiral Markets - 8.3/10 Overall
IC Markets - 8.2/10 Overall
Tickmill - 8.0/10 Overall
BlackBull Markets - 7.9/10 Overall
HFM - 7.8/10 Overall
HYCM (Henyep) - 7.7/10 Overall

Visit Site

open_in_new

Join 239,000+ traders worldwide.

(Trading forex carries a high level of risk.)

Overall Rating

9.9 / 10

Minimum Deposit

£250.00

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.86
All-in Cost EUR/USD - Active	0.5957
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	No
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	1974
Publicly Traded (Listed)	Yes
Bank	Yes
Tier-1 Licenses	7
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	19537
Forex Pairs (Total)	100
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	No
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	33

Apps & Toolsexpand_moreexpand_less

Android App
Apple iOS App	Yes
Education (Forex or CFDs)	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Visit Site

open_in_new

A Global Market Leader!

(Trading forex carries a high level of risk.)

Overall Rating

9.3 / 10

Minimum Deposit

$100

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1.0
All-in Cost EUR/USD - Active	1.0
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	No
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	1999
Publicly Traded (Listed)	Yes
Bank	No
Tier-1 Licenses	4
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	5500
Forex Pairs (Total)	91
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	Yes
Social Trading / Copy Trading	No
Charting - Indicators / Studies (Total)	203

Apps & Toolsexpand_moreexpand_less

Android App
Apple iOS App	Yes
Education (Forex or CFDs)	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Overall Rating

9 / 10

Minimum Deposit

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1.07
All-in Cost EUR/USD - Active	1.04
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2002
Publicly Traded (Listed)	Yes
Bank	No
Tier-1 Licenses	1
Tier-2 Licenses	3

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	12000
Forex Pairs (Total)	57
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	No
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	39

Apps & Toolsexpand_moreexpand_less

Android App
Apple iOS App	Yes
Education (Forex or CFDs)	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Overall Rating

8.8 / 10

Minimum Deposit

$10-$10,000

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1
All-in Cost EUR/USD - Active	N/A
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2007
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	2
Tier-2 Licenses	1

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	3458
Forex Pairs (Total)	49
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	No
MetaTrader 5 (MT5)	No
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	66

Apps & Toolsexpand_moreexpand_less

Android App
Apple iOS App	Yes
Education (Forex or CFDs)	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	No
Economic Calendar	Yes

Overall Rating

8.6 / 10

Minimum Deposit

$100

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.92
All-in Cost EUR/USD - Active	0.61
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2006
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	4
Tier-2 Licenses	4

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	1260
Forex Pairs (Total)	55
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	80

Apps & Toolsexpand_moreexpand_less

Android App
Apple iOS App	Yes
Education (Forex or CFDs)	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Visit Site

open_in_new

$0.00 Commissions and Low Spreads.

(71% of retail CFD accounts lose money)

Overall Rating

8.5 / 10

Minimum Deposit

Starts from $50

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1.38
All-in Cost EUR/USD - Active	1.38
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	1999
Publicly Traded (Listed)	Yes
Bank	No
Tier-1 Licenses	3
Tier-2 Licenses	3

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	440
Forex Pairs (Total)	41
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	No
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	59

Apps & Toolsexpand_moreexpand_less

Android App
Apple iOS App	Yes
Education (Forex or CFDs)	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Overall Rating

8.5 / 10

Minimum Deposit

€100

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.8
All-in Cost EUR/USD - Active	N/A
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	No
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2008
Publicly Traded (Listed)	Yes
Bank	No
Tier-1 Licenses	4
Tier-2 Licenses	4

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	2800
Forex Pairs (Total)	65
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	No
MetaTrader 5 (MT5)	No
Proprietary Platform	Yes
Social Trading / Copy Trading	No
Charting - Indicators / Studies (Total)	110

Apps & Toolsexpand_moreexpand_less

Android App
Apple iOS App	Yes
Education (Forex or CFDs)	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	No
Economic Calendar	Yes

Overall Rating

8.4 / 10

Minimum Deposit

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1.6
All-in Cost EUR/USD - Active	0.8
PayPal (Deposit/Withdraw)	No
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2009
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	2
Tier-2 Licenses	1

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	1429
Forex Pairs (Total)	55
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	No
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	30

Apps & Toolsexpand_moreexpand_less

Android App
Apple iOS App	Yes
Education (Forex or CFDs)	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Overall Rating

8.4 / 10

Minimum Deposit

$200

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.77
All-in Cost EUR/USD - Active	0.87
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2010
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	2
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	2342
Forex Pairs (Total)	62
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	No
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	15

Apps & Toolsexpand_moreexpand_less

Android App
Apple iOS App	Yes
Education (Forex or CFDs)	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

AvaTrade

AvaTrade are an award-winning online trading firm, operating in Malta as well as many other locations around the world. With over 10 years of experience, AvaTrade have grown and attracted a wide customer base of over 200,000 registered users. Their international company, AVA Trade Ltd is regulated in the British Virgin Islands by the BVI Financial Services Commission, and the AVA Trade EU Ltd. subsidiary has its head office in Ireland and is regulated by the CBI (Central Bank of Ireland). They are authorized to passport their services to many EU jurisdictions, including Malta.

The company’s website supports in excess of 15 languages, including English which is widely spoken in Malta. Customer helplines are available in the EU region in Italy, France, Germany, Austria, and other European countries. AvaTrade’s platforms include AvaTradeAct, which provides customers with access to more than 200 financial instruments across different markets. Customers can trade bonds, contracts for difference (CFDs), Exchange-Traded funds (ETFs), and much more. For those wanting to trade options in popular Forex pairs or commodities such as gold and silver, the AvaOptions platform may be preferred. Industry-standard, MetaTrader 4 is also available.

AvaTrade’s platforms can be accessed via web browsers, and can also be downloaded as apps to mobile phones, allowing clients to trade wherever they are. The company’s website is rich in terms of free educational resources for those still learning. These resources include free eBooks, webinars, videos, articles, and market analyses. There are two deposit and withdrawal methods available for Maltese traders, including credit and debit card deposits and wire transfers. For card deposits, the minimum transfer value is £100 and for wire transfers, this is £500. AvaTrade also provides a free 21-day demo account, allowing traders to get familiar with the various platforms before trading with real money.

Plus500

Plus500 operate in Malta under their subsidiary, Plus500CY Ltd.

The company are regulated by one of the most highly regarded regulators in Europe, the Cyprus Securities and Exchange Commission (CySEC). The Plus500 Group have a license to provide investment services along with ancillary services for financial instruments such as derivative contracts relating to commodities, interest rates, indices, securities and currencies, amongst others. Plus500 Ltd is listed on the Main Market of the London Stock Exchange.

Plus500 have a dedicated Maltese language website, which provides an introduction to the company and the services and markets they offer access to. Customers can set up a live or a demo account through the website, enabling them to have instantaneous access to the trading platform. The Plus500 platform is well regarded for being easy to navigate and intuitive. Customers can find the instrument they wish to trade with ease and either take a buy or a short position.

There are also advanced features available, including the ability to set stop loss and take profit levels. Price alerts are also useful for markets that a trader would like to keep track of. A base currency of Euros can be selected for the traders account, and clients can select Maltese as the primary language for the platform. Some of the top CFDs for Maltese traders include the EUR/USD currency pair, Apple, Bitcoin and the Germany 30 Index. Deposits can be made by credit/debit card, bank transfer or Paypal/Skrill.

IG

IG Markets Limited is a registered trading services provider, operating under the trading name IG. The Group’s financial conduct is closely monitored by some of the most highly regarded regulators from around the world, including the UK’s Financial Conduct Authority. They are licensed to provide their services in Malta under the MiFID (Markets in Financial Instruments Directive) passport arrangements, which apply to the majority of registered EEA brokers. IG has more than 40 years of experience, and with over 185,000 registered clients as at May 2017, is amongst the most popular brokerage firms in the world.

IG offers a dedicated website is available in the English language for Maltese traders. This allows traders to obtain comprehensive information about their services, financial markets, and trading platforms. The latest news and analysis are also available from the website. IG offer over 15,000 different markets that can be accessed via spread betting or contracts for difference (CFDs). These include stocks, indices, commodities and bonds, and much more. The IG trading platforms can be sampled by clients using a virtual demo account, funded with 100,000 Euros. This gives clients a feel for the live environment without risking any of their own capital.

BrokerNotes.co 2023 Overall Rankings

To recap, here are our top forex brokers for 2023, sorted by Overall ranking.

Company	Accepts MT Residents	Overall Rating	Minimum Deposit	Average Spread EUR/USD - Standard	Trust Score	Tradeable Symbols (Total)	Read Review	Visit Site
IG	check	9.9	£250.00	0.86	99	19537	IG Review	Visit Site
Saxo Bank	check	9.7	€2,000	0.9	99	60000	Saxo Bank Review
Interactive Brokers	check	9.7	$0	0.6	99	8500	Interactive Brokers Review
CMC Markets	check	9.6	$0	0.51	99	12377	CMC Markets Review
TD Ameritrade	check	9.5	$0	1.25	99	0	TD Ameritrade Review
FOREX.com	check	9.3	$100	1.0	99	5500	FOREX.com Review	Visit Site
City Index	check	9.2	£100.00	1.0	99	13500	City Index Review
XTB	check	9	$0	1.07	95	12000	XTB Group Review
eToro	check	8.8	$10-$10,000	1	93	3458	eToro Review
Swissquote	check	8.7	$1000	N/A	99	466	Swissquote Review
AvaTrade	check	8.6	$100	0.92	93	1260	AvaTrade Review
FXCM	check	8.5	Starts from $50	1.38	96	440	FXCM Review	Visit Site
Plus500	check	8.5	€100	0.8	98	2800	Plus500 Review
Capital.com	check	8.4	$20	0.65	85	3152	Capital.com Review
XM Group	check	8.4	$5	1.6	90	1429	XM Group Review
Pepperstone	check	8.4	$200	0.77	93	2342	Pepperstone Review
OANDA	check	8.4	$0	1.26	92	124	OANDA Review
Admiral Markets	check	8.3	$100	0.8	88	6942	Admiral Markets Review
FP Markets	check	8.3	$100 AUD	1.2	86	10000	FP Markets Review
IC Markets	check	8.2	$200	0.62	86	3583	IC Markets Review
Markets.com	check	8.2	$100	1.9	98	2179	Markets.com Review
FxPro	check	8.1	$100	1.51	90	2249	FxPro Review
Tickmill	check	8.0	$100	0.51	82	725	Tickmill Review
Fineco Bank	check	8.0	$0	N/A	92	126	Fineco Bank Review
BlackBull Markets	check	7.9	$0	0.827	74	26000	BlackBull Markets Review
DooPrime	check	7.8	$100	N/A	84	10000	DooPrime Review
Vantage	check	7.8	$50	1.30	89	1000	Vantage Review
BDSwiss	check	7.8	$100-$5000	1.6	83	1081	BDSwiss Review
TMGM	check	7.8	$100	0.96	79	12000	TMGM Review
HFM	check	7.8	$0	1.2	85	3500	HFM Review
FlowBank	check	7.7	$0.00	N/A	77	408600	FlowBank Review
HYCM (Henyep)	check	7.7	$100	0.6	86	362	HYCM Review
Trading 212	check	7.6	EUR 10	N/A	77	1785	Trading 212 Review
Eightcap	check	7.6	$100	1.0	87	736	Eightcap Review
Trade Nation	check	7.5	$0	0.6	83	601	Trade Nation Review
Moneta Markets	check	7.5	$50	1.27	71	965	Moneta Markets Review
ThinkMarkets	check	7.4	$250.00	N/A	86	1674	ThinkMarkets Review
VT Markets	check	7.4	$200	1.2	71	168	VT Markets Review
ACY Securities	check	7.4	$50	1.2	75	1600	ACY Securities Review
easyMarkets	check	7.3	$100	0.9	84	199	a href="/reviews/easymarkets">easyMarkets Review
RoboForex (RoboMarkets)	check	7.3	$100	1.4	69	12000	Roboforex (RoboMarkets) Review
IronFX	check	7.2	$50	1.2	84	340	IronFX Review
Exness	check	7.2	$1	0.9	74	112	Exness Review
Spreadex	check	7.2	$0	N/A	70	2000	Spreadex Review
Trade360	check	7.1	$250	N/A	75	1062	Trade360 Review
AxiTrader	check	7.1	0	N/A	83	175	Axitrader Review
GKFX	check	7.1	$0	N/A	66	354	GKFX Review
Vestle	check	7.1	-1	N/A	79	750	Vestle Review
OctaFX	check	7	$25	0.9	69	229	OctaFX Review
FXOpen	check	7	$100	N/A	80	87	FXOpen Review
TeleTrade	check	7	$100	N/A	67	500	Teletrade Review
FXPrimus	check	6.9	$100	N/A	69	140	FXPrimus Review
Forex4you	check	6.9	$0	N/A	62	150	Forex4you Review
LegacyFX	check	6.9	$500	N/A	66	425	LegacyFX Review
GBE brokers	check	6.8	$500	N/A	69	500	GBE Brokers Review
Alpari	check	6.8	$20	N/A	67	105	Alpari Review
TopFX	check	6.7	Depends on payment method	N/A	67	655	TopFX Review
Libertex (Forex Club)	check	6.7	$10	N/A	72	300	Libertex Review
ATFX	check	6.6	$500	N/A	70	150	ATFX Review
UFX	check	6.6	$100	3	67	619	UFX Review
Xtrade	check	6.5	$250	N/A	80	142	Xtrade Review
Tradeo	check	6.4	$200	N/A	67	256	Tradeo Review

More Forex Guides

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.

About the Editorial Team

BrokerNotes.co

BrokerNotes is powered by a dynamic team of writers, researchers, content strategists, data analysts, editors, traders, and investors. We are obsessed with creating the best finance content on the internet, and we are dedicated to helping our readers make great choices for their money.