Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Malta
Data verified
Complete Head-to-Head Comparison · 2026

Exness Vs BlackBull Markets 2026: Malta Trader Comparison

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

Exness logo
Exness
FCA · CySEC · ASIC · Founded 2008
Open Account
VS
BlackBull Markets logo
BlackBull Markets
FMA · FSA · Founded 2014
Open Account
Winner: BlackBull Markets
Categories: 12 compared
For: Malta traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Malta Traders

Best Overall
BlackBull Markets
Higher overall score & more features
Best Spreads
BlackBull Markets
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Malta Muslims
Best for Beginners
BlackBull Markets
Better education & support
$10 vs $0
Min deposit
1:2 vs 1:500
Max leverage
FCA vs FMA
Top regulator
3.5 vs 4.2
Our scores
Table of Contents

Head-to-head comparison

Malta traders looking for a reliable forex broker in 2026 will find two strong contenders: Exness and BlackBull Markets. Exness, with a score of 4.8/5, is a global giant known for its ultra-low spreads, high leverage, and instant withdrawals. BlackBull Markets, scoring 3.9/5, is a New Zealand-based ECN broker favored by experienced traders for its deep liquidity and institutional-grade execution. For Malta residents, both brokers offer access to major forex pairs, CFDs, and commodities, but they differ significantly in cost, payment methods, and regulation. Exness supports local payment options like Bank Transfer, Skrill, Neteller, and USDT TRC20, making it easier for Malta traders to fund accounts. BlackBull Markets, while not offering as many local methods, provides a robust trading environment with MetaTrader 4 and 5. Neither broker is regulated by the local financial regulator, so traders should assess their risk tolerance. This comparison will help you decide which broker aligns with your trading style, budget, and local needs.

🏆

Overall Scores Comparison

Exness logo
Exness
FCA · CySEC · ASIC
3.5
CompareBroker score
VS
BlackBull Markets logo
BlackBull Markets
FMA · FSA
4.2
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.6
4.3
WIN
Platforms
MT4, MT5, cTrader, TV
3.2
4.4
WIN
Regulation
Safety, oversight
3.8
4.5
WIN
Deposits
Local payments
3.6
4.3
WIN
Customer Support
24/5, chat, phone
3.7
4.4
WIN
Education
Webinars, guides
3.2
4.3
WIN
Execution
Speed, slippage
3.6
4.3
WIN
Mobile App
iOS, Android
3.5
4.2
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentExnessBlackBull MarketsWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotBlackBull Markets
XAU/USD (Gold)$0.14 typical$0.12 typicalBlackBull Markets
GBP/USD avg spread0.29 pips0.23 pipsBlackBull Markets
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsBlackBull Markets
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$10$0BlackBull Markets

For Malta traders, trading costs are a critical factor. Exness offers spreads on EUR/USD from 0.0 pips on its Zero account with a $3.5 commission per lot, while the Standard account has spreads from 0.3 pips with no commission. BlackBull Markets provides spreads from 0.0 pips on its ECN account but charges a higher commission of $6 per lot. For high-volume traders in Malta, Exness is cheaper, especially for scalping and day trading. Additionally, Exness offers volume-based discounts, reducing costs further for active traders. BlackBull Markets' spreads can widen during volatile periods, making Exness more consistent for cost-conscious Malta traders.

📂

Account Types Comparison

Account TypeExnessBlackBull Markets
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✗✓
Zero spread account✓✗
Copy trading✗✓
Min deposit$10$0
⚖️

Leverage Comparison - Malta Traders

Entity / AssetExnessBlackBull Markets
Malta (offshore)Up to 1:2Up to 1:500
Forex major pairs1:21:500
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Malta Traders
Traders in Malta typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassExnessBlackBull MarketsWinner
Forex pairs90+65+Exness
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesExness
Crypto CFDs30+20+Exness
Stocks / Share CFDs✗1,700+BlackBull Markets
ETFs✗✓Tie
🖥️

Platforms Comparison

PlatformExnessBlackBull Markets
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✗✓
TradingView✗✓
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

Both Exness and BlackBull Markets support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry-standard platforms popular among Malta traders. Exness also offers its proprietary WebTerminal and mobile apps, which are user-friendly and optimized for fast execution. BlackBull Markets provides additional platforms like TradingView and cTrader, appealing to traders who prefer advanced charting tools. For Malta traders who value ease of use and mobile trading, Exness's platforms are more intuitive. BlackBull Markets is better for those who need advanced analytics and multi-platform support.

⚡

Execution Quality - Speed & Slippage

FactorExnessBlackBull MarketsWinner
Execution modelECN/STPTrue ECNBlackBull Markets
Avg execution speed~30ms~40msExness
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

Exness offers ultra-fast execution with no requotes, using a hybrid model that combines STP and ECN technology. BlackBull Markets provides institutional-grade execution with low latency and deep liquidity from multiple banks. For Malta traders who scalp or trade news, Exness's execution is more reliable due to its advanced infrastructure and lower slippage. BlackBull Markets is also strong but may experience slight delays during high volatility.

🛡️

Regulation & Safety for Malta Traders

Safety FactorExnessBlackBull Markets
Primary regulatorFCAFMA
Top-tier regulated✓✓
Investor protection✓✗
Segregated funds✓✓
Neg. balance protection✓✓

Neither Exness nor BlackBull Markets is regulated by the local financial regulator in Malta, which means traders are not protected by the local investor compensation scheme. Exness is regulated by the FCA (UK), CySEC (Cyprus), and FSA (Seychelles), while BlackBull Markets is regulated by the FMA (New Zealand) and FSA (Seychelles). For Malta traders, this means they should consider the risks of trading with an offshore broker. Exness's CySEC regulation offers some EU-level protection, but it does not extend to Malta residents. Always verify the broker's license and consider using a regulated entity if you prioritize regulatory protection.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Malta traders may differ by entity.
💳

Deposits & Withdrawals for Malta

Payment MethodExnessBlackBull Markets
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✓
Withdrawal timecrypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business daysMost e-wallet/card withdrawals: within 24 hours. Bank wire: 3-5 business days

Exness excels for Malta traders with its wide range of local payment methods, including Bank Transfer, Skrill, Neteller, and USDT TRC20. Deposits are instant and free, while withdrawals are processed within minutes to hours, depending on the method. BlackBull Markets supports Bank Transfer and Skrill but does not accept Neteller or USDT TRC20, which limits options for Malta traders. Both brokers have no deposit fees, but BlackBull Markets charges a withdrawal fee for bank transfers. Exness's support for USDT TRC20 is particularly useful for Malta traders who prefer cryptocurrency transactions. Overall, Exness offers faster, cheaper, and more flexible deposit and withdrawal options for Malta residents.

☪️

Islamic Accounts - Swap-Free for Malta Muslims

Islamic Account FeatureExnessBlackBull Markets
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both Exness and BlackBull Markets offer Islamic (swap-free) accounts for Malta Muslim traders. Exness provides Islamic accounts on all account types without any additional fees, and they are available instantly upon request. BlackBull Markets also offers Islamic accounts but requires a manual request and verification. Both brokers comply with Sharia law by not charging or paying swap fees on overnight positions. For Malta traders who require an Islamic account, Exness is more convenient due to its instant activation and wider account availability.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureExnessBlackBull MarketsWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✓✓Tie
Response time (chat)<2 minutes<3 minutesExness

Exness offers 24/7 multilingual customer support via live chat, email, and phone, with a dedicated team for Malta traders. BlackBull Markets provides 24/5 support with slightly slower response times. Exness's support is more accessible for Malta traders, especially during European hours. Both brokers have comprehensive FAQ sections, but Exness's live chat is faster and more helpful.

📱

Mobile App Comparison

Mobile FeatureExnessBlackBull MarketsWinner
iOS App Store rating4.5 stars4.3 starsExness
Google Play rating4.3 stars4.2 starsExness
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✓BlackBull Markets
📚

Education & Research Tools

ResourceExnessBlackBull MarketsWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗MonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicExness
⭐

Real User Reviews - Trustpilot

T
Exness
☆☆☆☆☆
—
28,910 verified reviews
View on Trustpilot
T
BlackBull Markets
☆☆☆☆☆
—
3,330 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Exness

Pros
+Top-tier regulated
+Islamic swap-free account
+24/7 customer support
Cons
-No TradingView

BlackBull Markets

Pros
+Top-tier regulated
+TradingView integration
+Islamic swap-free account
+24/7 customer support
Cons
👤

Who Should Use Which Broker? - Malta Guide

Choose Exness if you...

  • Want ultra-low spreads and low commissions for high-volume trading.
  • Prefer instant deposits and withdrawals with local methods like Skrill, Neteller, and USDT TRC20.
  • Need a user-friendly platform with 24/7 support.
  • Are a retail trader seeking high leverage and flexible account types.

Choose BlackBull Markets if you...

  • Prefer a boutique broker with institutional-grade execution.
  • Want access to advanced platforms like cTrader and TradingView.
  • Are an experienced trader who values deep liquidity and tight spreads on ECN accounts.
  • Don't mind higher commissions and fewer local payment options.
❓

FAQ - Exness vs BlackBull Markets in Malta

Is Exness or BlackBull Markets better for Malta?

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Can Malta traders use both brokers legally?

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Which broker has lower spreads for Malta traders?

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How do Malta traders deposit at Exness and BlackBull Markets?

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Do both brokers offer Islamic accounts for Malta?

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Final Verdict - Malta 2026

BlackBull Markets wins overall

For Malta traders, Exness is the clear winner in 2026, scoring 4.8/5 vs BlackBull Markets' 3.9/5. Exness offers lower trading costs, faster withdrawals, and a wide range of local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. BlackBull Markets is a solid alternative for traders who prioritize advanced platforms and institutional execution, but its higher spreads and fewer local payment options make it less suitable for most Malta retail traders. Neither broker is regulated by the local financial regulator, so traders should assess their risk tolerance. Exness is the best choice for Malta traders seeking a cost-effective, user-friendly, and reliable broker.

Open ExnessOpen BlackBull Markets
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
Exness 3.5/5
BlackBull Markets Winner4.2/5
Full Reviews
Full Exness Review →Full BlackBull Markets Review →
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