Quick Verdict — Malta Traders
Best Overall
XM Group
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
XM Group
Swap-free for Malta Muslims
Best for Beginners
XM Group
Better education & support
1:1000 vs 1:30
Max leverage
CySEC vs CySEC
Top regulator
Head-to-head comparison
When choosing a forex broker in Malta, XM Group and Libertex are two prominent options, but they cater to different trader needs. XM Group, with a 4.7/5 rating, is a globally recognized broker offering tight spreads, over 1,000 instruments, and robust regulation from the local financial regulator. Libertex, rated 3.7/5, is a simpler platform popular among beginners but has higher trading costs. For Malta traders, factors like local regulation, deposit methods (Bank Transfer, Skrill, Neteller, USDT TRC20), and USD account availability are critical. This comparison helps you decide which broker aligns best with your retail trading goals in Malta.
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Overall Scores Comparison
XM Group
CySEC · ASIC · IFSC
4.3
CompareBroker score
Winner
VS
Libertex
CySEC
3.8
CompareBroker score
Trading Costs
Spreads, commissions
Platforms
MT4, MT5, cTrader, TV
Regulation
Safety, oversight
Customer Support
24/5, chat, phone
Education
Webinars, guides
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Trading Costs - Spreads & Commissions
| Instrument | XM Group | Libertex | Winner |
|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $100 | Libertex |
For Malta traders, trading costs are a key differentiator. XM Group offers spreads from 0.6 pips on EUR/USD for standard accounts, with no hidden fees. Libertex has higher average spreads of 1.2 pips and charges a commission on certain CFD trades. Over 100 trades per month, XM Group saves Malta traders approximately $50–$100 in spreads alone, making it more cost-effective for active retail traders.
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Account Types Comparison
| Account Type | XM Group | Libertex |
|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
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Leverage Comparison - Malta Traders
| Entity / Asset | XM Group | Libertex |
|---|
| Malta (offshore) | Up to 1:1000 | Up to 1:30 |
| Forex major pairs | 1:1000 | 1:30 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 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.
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Trading Instruments - Assets Available
| Asset Class | XM Group | Libertex | Winner |
|---|
| Forex pairs | 90+ | 65+ | XM Group |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | XM Group |
| Crypto CFDs | 30+ | 20+ | XM Group |
| Stocks / Share CFDs | ✗ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
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Execution Quality - Speed & Slippage
| Factor | XM Group | Libertex | Winner |
|---|
| Execution model | ECN/STP | True ECN | Libertex |
| Avg execution speed | ~30ms | ~40ms | XM Group |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
XM Group provides instant execution with no requotes, average execution time under 0.5 seconds, and deep liquidity from top banks. Libertex uses market execution with occasional slippage. For Malta traders who value speed and reliability, XM Group’s execution quality is superior.
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Regulation & Safety for Malta Traders
| Safety Factor | XM Group | Libertex |
|---|
| Primary regulator | ASIC | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
XM Group is regulated by the Malta Financial Services Authority (MFSA), ensuring strong investor protection and compliance with EU MiFID rules. Libertex is regulated by the Cyprus Securities and Exchange Commission (CySEC), which also offers protection but is not local. For Malta traders, XM Group’s local regulation provides added confidence and easier dispute resolution.
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.
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Deposits & Withdrawals for Malta
| Payment Method | XM Group | Libertex |
|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days | 5 business days |
Malta traders can fund accounts at both XM Group and Libertex using Bank Transfer, Skrill, Neteller, and USDT TRC20. XM Group has no deposit fees and processes withdrawals within 24 hours. Libertex charges a small fee on Skrill and Neteller withdrawals. USDT TRC20 is a standout option for Malta users, offering near-instant deposits and low costs. XM Group’s minimum deposit is $100, while Libertex requires $50.
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Islamic Accounts - Swap-Free for Malta Muslims
| Islamic Account Feature | XM Group | Libertex |
|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both XM Group and Libertex offer Islamic (swap-free) accounts for Malta Muslim traders. XM Group provides them automatically upon request with no time limit, while Libertex offers them for a limited period of 90 days. XM Group’s policy is more favorable for long-term traders in Malta who need swap-free conditions indefinitely.
Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
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Customer Support Comparison
| Support Feature | XM Group | Libertex | Winner |
|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | XM Group |
XM Group offers 24/5 multilingual support via live chat, phone, and email, with dedicated Maltese-language support available. Libertex also provides support but with slower response times. For Malta traders, XM Group’s localised support is a clear advantage.
| Mobile Feature | XM Group | Libertex | Winner |
|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | XM Group |
| Google Play rating | 4.3 stars | 4.2 stars | XM Group |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
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Education & Research Tools
| Resource | XM Group | Libertex | Winner |
|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | XM Group |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | XM Group |
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Real User Reviews - Trustpilot
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Pros & Cons of Each Broker
XM Group
Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
Libertex
Pros
Cons
-No TradingView
-No 24/7 support
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Who Should Use Which Broker? - Malta Guide
Choose XM Group if you...
- Want lower spreads and lower trading costs
- Prefer a broker regulated by the local Malta financial regulator
- Need fast deposits with USDT TRC20, Skrill, or Neteller
- Require advanced platforms like MetaTrader 4/5
Choose Libertex if you...
- Are a beginner looking for a simple, user-friendly platform
- Prefer a broker with a proprietary mobile app
- Trade infrequently and are less sensitive to spreads
- Want to avoid MT4 complexity and use a built-in trading interface
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FAQ - XM Group vs Libertex in Malta
Is XM Group or Libertex better for Malta?
+Can Malta traders use both brokers legally?
+Which broker has lower spreads for Malta traders?
+How do Malta traders deposit at XM Group and Libertex?
+Do both brokers offer Islamic accounts for Malta?
+Final Verdict - Malta 2026
XM Group wins overall
For Malta traders, XM Group is the clear winner with a 4.7/5 rating, lower spreads, local MFSA regulation, and a wider range of deposit methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. Libertex, while simpler, has higher costs and fewer local advantages. If you are a retail trader in Malta seeking a reliable, cost-effective broker with strong regulatory oversight, XM Group is the recommended choice.
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.
