Best Forex Brokers in Malta 2023

Best Forex Brokers Malta 2021

Malta's appeal as a hub for forex trading has been growing in recent years due to the presence of numerous international brokers and its proximity to the global forex market. The Malta Financial Services Authority (MFSA) is responsible for regulating the activities of the financial market in the island nation, ensuring that they uphold strict standards of financial stability and consumer protection. However, you will not get any locally originated broker in Malta. Instead, you will need to choose an offshore broker. For those new to forex trading, it is essential to select reputable and regulated forex brokers in Malta to ensure a safe and secure trading experience. With the best forex brokers in Malta, investors can take advantage of the many opportunities available in the foreign exchange market to generate profits.

Best Forex Brokers in Malta List:

RANK	REGULATION We only list licensed brokers that comply with the requirements of prominent regulatory agencies.	MIN DEPOSIT The minimum amount you need to deposit in order to start trading.	DEPOSIT BONUS	RATING	MAX LEVERAGE Leverage refers to the ratio of securities you can buy for a given payment. The higher the leverage ratio, the higher your buying power (and the higher the risk). For example, a leverage ratio of 500:1 means you can purchase 500 securities, but only pay the equivalent of 1 security valuation. The leverage ratio offered can vary depending on the experience level of the trader.	SUPPORT	START TRADING
1	ASIC, CySEC, FSP	$100	No Bonus	99 Read Review	1:500	Telephone: +44 28 2544 7780	Open an Account More Information
Pros Excellent education tools Low forex fees Fast account opening Easy funding methods Cons No bonuses Platforms & Devices READ FULL REVIEW
2	FCA, CySEC, FSCA, SCB	$100	No Bonus	94 Read Review	1:100	Telephone: +44 (0) 203 151 5550	Open an Account More Information
Pros Excellent customer service Free deposit and withdrawal Negative balance protection Wide range of platform Cons Inactivity fee High Trading Fees for some CFDs Platforms & Devices READ FULL REVIEW
3	ASIC, CySEC, FSA, SCB	$200	No Bonus	92 Read Review	1:500	Telephone: +248 467 19 76	Open an Account More Information
Pros Low forex fees Fast order execution Analytical training materials 90+ instruments Cons Slow live chat support Non-EU traders don’t get investor protection Platforms & Devices READ FULL REVIEW
4	ASIC, CySEC	$1	100%	91 Read Review	1:3000	Telephone: +35 7251 23212	Open an Account More Information
Pros No withdrawal fee Low stock and stock index CFD fees Negative balance protection No inactivity fee Cons Average forex CFD fees No PAMM accounts Platforms & Devices READ FULL REVIEW
5	ASIC, CySEC, FSC	$5	Up to $5000	90 Read Review	1:1000	Telephone: +501 223-6696	Open an Account More Information
Pros Low withdrawal fees Great educational tools Wide range of leverage Multilingual customer support Cons Non-EU traders don’t get investor protection Lack of weekend customer support Platforms & Devices READ FULL REVIEW
6	FSA	$0	No Bonus	90 Read Review	1:500	Telephone:	Open an Account More Information
Pros 9 base currencies 24/7 technical service Direct market access VPS, FIX API, copy trading Superior trading conditions Cons No negative balance protection Withdrawal fees Platforms & Devices READ FULL REVIEW
7	FCA, DFSA, FSCA, FSA, CMA	$5	100%	88 Read Review	1:1000	Telephone: +44-2030978571	Open an Account More Information
Pros Low spread Controlled by several regulators Numerous deposit and withdrawal Favorable trading conditions Cons Few account currencies Only USD or EUR as base currencies Platforms & Devices READ FULL REVIEW
8	ASIC, FCA	$0	No Bonus	85 Read Review	1:500	Telephone: +61 2 9965 5830	Open an Account More Information
Pros Automatic insurance coverage Low entry threshold Fully digital account opening Low forex fees Cons Limited research tools Only forex and CFD trading Platforms & Devices READ FULL REVIEW
9	CFTC, FCA, ASIC, FSA, MFSA	$0	up to $1000	78 Read Review	1:50	Telephone: 1 212 858 7690	Open an Account More Information
Pros Outstanding research tools Excellent trading platforms Accepts U.S. clients Superior research offerings Cons No account protection for U.S. clients Monthly inactivity fee Platforms & Devices READ FULL REVIEW
10	FCA, ASIC, DFSA	$200	No Bonus	75 Read Review	1:30	Telephone: +1786 628 1209	Open an Account More Information
Pros Digital account opening process Seamless deposit and withdrawal Attractive trading conditions No inactivity fee Cons No cent account Few analytical materials Platforms & Devices READ FULL REVIEW

Is Forex Trading Legal in Malta?

When it comes to trading Forex in Malta, it is legal, and the government has no restrictions. However, you will need to trade with a regulated offshore broker. Choosing a regulated offshore broker is important as it guarantees that your funds are secure and protected.. Regulated offshore brokers are held to a high standard, have strict rules and regulations, and are regularly inspected by regulatory bodies to ensure that they are compliant with international standards. These brokers also provide access to the latest trading platforms and tools, as well as competitive pricing and competitive spreads.

How to Find the Best Forex Brokers in Malta?

The emergence of online trading platforms and mobile apps has made it simpler than ever before for people to invest in the foreign exchange market in Malta. However, with so many forex brokers available in Malta, selecting the right one can be a daunting task. We can help you find the ideal forex broker for those just starting out in Malta.

Research Properly

The first step in finding the best forex broker in Malta is to do your research. Look for reviews in online as well as testimonials from other traders. This will give you an idea of the experiences that other traders have had with different brokers. You can also check the website of different forex regulatory bodies in the world.

Compare Fees

When you have narrowed down your search to a few potential brokers in Malta, it is important to compare their fees and charges. Some brokers charge high fees for trading or have hidden charges that can eat into your profits. Therefore, it is crucial to look at the fees and charges before making a decision. Additionally, it is important to check what types of trading accounts the broker offers. Some brokers offer different types of accounts for different levels of traders, such as beginner, intermediate and advanced.

Trading Platforms

Another important factor to consider when choosing a forex broker in Malta is the trading platform. The best forex brokers in Malta will offer a user-friendly and reliable trading platform that is easy to navigate. In order to make sound trading decisions, the platform should provide a diverse selection of technical and fundamental analytic tools.

Level of Customer Support

The level of customer support provided by Malta forex brokers is also an important factor to consider. The best Forex brokers accepting traders in Malta will have a dedicated customer support team for at least 24/5. This is especially important if you are a beginner trader and may need assistance with the trading platform or other technical issues. In addition, you should check if the broker has multiple ways of providing support, such as email, phone, and live chat.

Educational Resources

Another important consideration when choosing a forex broker in Malta is the availability of educational resources. The best forex brokers will have a wide range of educational resources, such as webinars, e-books, and video tutorials. These resources can help you learn more about the foreign exchange market and improve your trading skills.

What Is the Best Capital to Start Forex in Malta?

The amount needed for forex trading in Malta may differ depending on the broker and the type of trading account selected. However, it's generally recommended to start with a relatively small amount of capital, especially if you are new to forex trading. Starting with a small amount of capital allows you to learn the condition of the market and gain experience without risking a large amount of money.

It's not uncommon for forex brokers in Malta to offer micro or mini accounts with a minimum deposit of just a few hundred dollars. These types of accounts are designed for beginner traders and allow you to trade small amounts of currency with relatively low risk. With a micro or mini account, you can start trading with as little as $100 or $250.

However, it's also important to keep in mind that the amount of capital you need can also depend on your trading strategy. If you plan to use leverage, you may need a larger amount of capital to cover any potential losses. By providing leverage, certain brokers enable you to invest more money than what is actually in your account. This feature allows you to increase the size of your trades.

Is eToro available in Malta?

eToro is available in Malta, and it has been licensed and regulated by the Malta Financial Services Authority (MFSA) since 2018. This means that it is compliant with the strict standards of financial stability and consumer protection set by the MFSA. Maltese traders can use eToro to access the global forex market, trade a variety of currency pairs and other financial instruments, and take advantage of the platform's social trading features.

In addition to that, eToro is also regulated by FCA, CySEC, and other regulatory institutions.

eToro offers a user-friendly interface, social trading features, and extensive educational resources. Maltese traders can use eToro to access the global forex market and trade a variety of currency pairs and other financial instruments.

Final Words

To make the right choice when selecting from the forex brokers list in Malta, it is essential to take time to do thorough research. This blog post outlined the steps you should take to ensure you are selecting a reliable, regulated forex broker in Malta that offers a user-friendly trading platform, competitive fees, and top-notch customer support. Additionally, be sure to look into the availability of educational resources as it will to help you in a great way to improve your trading skills. Investing the effort to compare and contrast various brokers will be of great benefit in the long run and will result in more informed trading decisions.