Which broker is better for Malta traders in 2026? Expert analysis across 12 categories.
For Malta traders seeking a reliable forex broker, the choice between Exness and FP Markets is a critical decision. Both brokers are highly rated—Exness with a stellar 4.8/5 and FP Markets with 4.7/5—and cater specifically to retail traders in Malta. Exness stands out with its ultra-low spreads starting from 0.0 pips and support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making it ideal for cost-effective trading. FP Markets, on the other hand, offers a comprehensive trading environment with MetaTrader platforms and strong regulatory oversight. This comparison dives into key factors for Malta traders, including trading costs, regulation by local financial regulator, and deposit options, helping you choose the best broker for your needs in 2026.
| Instrument | Exness | FP Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FP Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FP Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FP Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FP Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $100 | Tie |
When comparing trading costs for Malta traders, Exness offers a clear advantage with spreads starting from 0.0 pips on its Raw Spread accounts, compared to FP Markets which starts from 0.1 pips. For retail traders in Malta, this difference can translate into significant savings, especially for high-volume trading. Exness also provides a commission-free Standard Account with spreads from 1.0 pips, while FP Markets charges a commission on its Raw account. Both brokers offer competitive pricing, but Exness edges ahead for cost-conscious traders in Malta.
| Account Type | Exness | FP Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $100 |
| Entity / Asset | Exness | FP Markets |
|---|---|---|
| Malta (offshore) | Up to 1:2000 | Up to 1:500 |
| Forex major pairs | 1:2000 | 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 | Exness | FP Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Exness |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | 20+ | Exness |
| Stocks / Share CFDs | ✗ | 1,700+ | FP Markets |
| ETFs | ✗ | ✓ | Tie |
| Platform | Exness | FP Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
For Malta traders, platform choice is crucial. Exness supports MetaTrader 4 and MetaTrader 5, along with its proprietary web and mobile platforms, offering a seamless experience for retail traders. FP Markets also provides MT4 and MT5, but with additional tools like TradingView integration. Both platforms are optimized for Malta traders, but Exness’s user-friendly interface and fast execution make it a top pick for retail traders in Malta.
| Factor | Exness | FP Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FP Markets |
| Avg execution speed | ~30ms | ~40ms | Exness |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality is critical for retail traders in Malta. Exness boasts an average execution speed of 0.1 seconds with no requotes, ideal for scalping. FP Markets offers fast execution but may experience slippage during volatile markets. Exness’s superior execution makes it a better choice for Malta traders focusing on precision and speed.
| Safety Factor | Exness | FP Markets |
|---|---|---|
| Primary regulator | FCA | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Malta traders. Exness is regulated by CySEC and FCA, ensuring strict compliance with European financial standards. FP Markets is regulated by ASIC and FSA, offering a different but equally robust regulatory framework. Both brokers adhere to client fund segregation and negative balance protection, which are important for Malta traders. The local financial regulator in Malta also oversees activities, providing an additional layer of security for local traders.
| Payment Method | Exness | FP Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✓ |
| Withdrawal time | crypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days | 24 hours |
Malta traders will appreciate the deposit and withdrawal options at both brokers. Exness supports instant deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20, with no fees for most methods. FP Markets also offers these methods, but may charge a small fee for certain transfers. USDT TRC20 is particularly beneficial for Malta traders seeking fast, low-cost deposits. Exness processes withdrawals within 24 hours, while FP Markets takes 1-3 business days. For Malta traders, Exness provides more flexibility and speed.
| Islamic Account Feature | Exness | FP Markets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Muslim traders in Malta, both Exness and FP Markets offer Islamic (swap-free) accounts. Exness provides these accounts on all account types without additional fees, ensuring compliance with Sharia law. FP Markets offers Islamic accounts on Standard and Raw accounts, but may require a request. This makes both brokers suitable for Malta’s Muslim community, with Exness offering a more seamless experience.
| Support Feature | Exness | FP Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✓ | ✗ | Exness |
| Response time (chat) | <2 minutes | <3 minutes | Exness |
Customer support is vital for Malta traders. Exness offers 24/7 multilingual support via live chat, email, and phone, with a strong presence in Europe. FP Markets provides similar support but with limited hours on weekends. For Malta traders, Exness’s round-the-clock support is a significant advantage, ensuring quick resolution of issues.
| Mobile Feature | Exness | FP Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Exness |
| Google Play rating | 4.3 stars | 4.2 stars | Exness |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | FP Markets |
| Resource | Exness | FP Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | ✗ | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Exness |
Choose Exness if you...
Choose FP Markets if you...
For Malta traders, Exness emerges as the top choice with its 4.8/5 score, ultra-low spreads, and support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Its regulation by CySEC and FCA, combined with fast execution and 24/7 support, makes it ideal for retail traders in Malta. FP Markets is a strong contender with its robust platforms and ASIC regulation, but Exness offers better value for cost-conscious traders. Considering local factors like the local financial regulator and deposit options, Exness is the recommended broker for Malta traders in 2026.