Forex Brokers in Malta

Richard Montana | November 23, 2022

Malta is a well-regulated but flexible forex market that is bolstered by a strong currency, the euro and the strength of the EU. It is a thriving financial hub that acts as the gateway to even greater foreign exchange business. CFD trading is popular with traders and investors in Malta who want to speculate on rising and falling currency pair rates. Forex brokers in Malta are regulated by the Malta Financial Services Authority (MFSA). However, you do not need to use an MFSA regulated broker as there are many international brokers that accept residents of Malta including those we have listed on this page.

Best forex brokers Malta

To find the best forex brokers in Malta, we created a list of all the regulated forex brokers that accept traders in Malta, then ranked them according to our overall rating. You can see the list of our top forex brokers for Malta below.

Broker
Rating
Regulated
Min. Deposit
Founded
Max. Leverage
1.

DFSA, FCA, FINMA, MFSA, SFC

$1,000

1996

1:100

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
2.

FSC, MFSA

$10

2002

1:200

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
3.

BVIFSC, LFSA, MFSA, VFSC

$10

1999

1:1000

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
4.

MFSA

$1

2013

1:200

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
5.

MFSA

€1,000

2013

1:30

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

MFSA forex brokers in Malta

A Malta forex broker is a middleman between sellers and buyers of foreign currencies. they serve as a connection between buyers and sellers. A forex broker is a necessary component of any trading business as they act as the intermediary between you and the foreign currency exchange market. It provides a communication system between banks and financial institutions, not a central exchange. The broker makes use of the interbank market to price currencies which you can then buy and sell.

Forex brokerage activities in Malta are regulated by the Malta Financial Services Authority (MFSA). This regulator has a fairly good reputation, especially in the application of technology and dynamic trading conditions. In terms of leverage usage, MFSA-regulated brokers are subject to European Securities and Markets Authority (ESMA) regulations.

The MFSA is the sole regulator for financial services activities in Malta which regulates and oversees credit and financial institutions, investments, trusts and insurance businesses as well as houses the state Register of Companies. The MFSA is a fully autonomous public body and reports to Parliament annually.

  • Regulate, monitor, and supervise financial services
  • Promote financial market integrity
  • Maintain stability within the financial sector
  • Review financial services provided to retail customers
  • Advise the government on necessary legislation
  • Investigate bad practices and act on complaints
  • Ensure high standards of management conduct in the financial industry

Being regulated by MFSA (Malta Financial Services Authority) means operating under the standards of a Maltese financial regulator. MFSA regulatory environment can serve as an example of sound protection for retail traders combined with openness to new companies and the lack of competition suppression.

In the past, Malta was considered an offshore jurisdiction with little to no oversight over forex brokers. However, it is becoming more and more accepted as a possible destination both for companies and traders.

How to verify MFSA regulated brokers in Malta

Forex trading is legal in Malta and you can get protection if you use a regulated forex broker. Since MFSA comes directly under the MiFID directives, all forex brokers authorized by the agency are able to operate in the entire EU and offer their services to investors from across Europe.

To check if a broker is regulated, you can get the broker’s license number from the disclosure text at the bottom of their homepage. You can then look up the registration number on the MFSA website to confirm if the forex broker is regulated in Malta.

About the Author

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Richard Montana
Richard has many years of experience in broker research, testing, analysis and reviews. He knows what to look for through years of trading himself with different brokers and listening to the feedback of others.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.


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