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To help you find the best online brokers in 2021, we went ahead and did the research for you. First, we selected 94 quality online brokers, then checked and compared basically every aspect of their offering: fees, available markets and products, trading platforms, deposit and withdrawal options and much much more. To be selected best online broker, service providers had to prove their excellence in multiple areas. We dug deep, so you won't have to.

5 brokers made it to the top in Malta. We highly recommend all 5 to you. And now, without further ado...

The top 5 picks for best international online broker of 2021 for citizens in Malta:

  1. Interactive Brokers is the best international online broker in 2021. Low trading fees. Wide range of products. Many great research tools.
  2. Saxo Bank takes second place. Great trading platform. Outstanding research. Broad product portfolio.
  3. Capital.com rounds out the top three. Low forex and stock CFD fees. Great account opening experience. Excellent customer support.
  4. eToro, numero quattro. Free stock and ETF trading. Seamless account opening. Social trading experience.
  5. Swissquote just made it to the list at in fifth place. Access to many markets and products. No inactivity fee. Rock-solid background.
Best international online brokers of 2021 for citizens in Malta
Broker Info Score Best in
#1 Interactive Brokers International broker providing all asset classes 4.9 Best online broker
#2 Saxo Bank Danish investment bank 4.8 Best forex broker
#3 Capital.com Global CFD and forex broker 4.8
#4 eToro Global social trading broker 4.7 Best broker for cryptos
#5 Swissquote Swiss investment bank 4.7

What makes a good online broker? Surely, they need to provide great service in all areas. First of all, they need to offer fair fees and have a good safety score. Opening an account and depositing money should also be user-friendly processes. They need to provide access to a wide range of products and have a great platform.

These features are easy to list, but hard to figure out. We test brokers based on more than ~300 criteria with real accounts and real money. We know what's up. You can find all the ranking criteria in our methodology.

Not sure which broker to choose? For a tailored recommendation, check out our broker finder tool. If you enter the name of your country it will show only the relevant brokers. Want more details? Compare brokers with our in-depth comparison table.

And now, let's see the best international online brokers in 2021 for citizens in Malta one by one, starting with the winner, Interactive Brokers.

Interactive Brokers Logo

#1 Best international online brokers for citizens in Malta
Interactive Brokers

4.9

Interactive Brokers review summary

 

Interactive Brokers, one of the biggest US-based discount brokers, was founded in 1978. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).

Given that the broker has licenses from multiple top-tier regulators, Interactive Brokers is considered safe. The fact that it has a long track record and publicly disclosed financials while being listed on a stock exchange all point to IB being a safe service provider.

Our overall Interactive Brokers rating

Compare this broker to the best Interactive Brokers alternative here.

Recommended for traders looking for broad market access and a professional trading environment

Pros Cons
Low trading fees Complicated account opening process
Wide range of products Complex desktop trading platform
Many great research tools Understaffed customer service

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#1 Interactive Brokers
Fees
4.5

Interactive Brokers has low trading fees and the best margin rates in the industry. For US clients, stock and ETF trading is free if they choose the Lite plan.
Pros Cons
Low trading fees None
Free stock and ETF trading for US clients
Low margin rates
Interactive Brokers fees
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
US stock $1.0 $10.0 $0.0 $0.0 $25.0
UK stock $4.2 $11.2 $0.0 $0.0 $35.0
EURUSD benchmark fee $10.7 $7.8 $6.4 $8.7 $10.1
AUDUSD benchmark fee $8.6 $6.2 $6.4 $6.7 $7.7
GBPUSD benchmark fee $8.6 $5.7 $4.1 $7.5 $6.8
S&P 500 index CFD fee $2.8 $1.4 $3.2 $1.7 $2.6
Europe 50 index CFD fee $3.1 $2.0 $3.0 $2.9 $3.0

The above calculation includes all spreads, commissions and financing rates (if applicable) for opening a position, holding it for a week, and closing it.

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#1 Interactive Brokers
Account opening
3.4

IB's account opening process is fully digital and the required minimum deposit is low. On the negative side, the process is complicated and account verification takes relatively long.
Pros Cons
Fully digital Not user-friendly
No minimum deposit for most account types
Interactive Brokers minimum deposit and time to open an account
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Minimum deposit $0 $2,000 $20 $200 $0
Time to open account 1-3 days >3 days 1 day 1 day 1 day

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#1 Interactive Brokers
Deposit and withdrawal
3.0

Interactive Brokers offers several account base currencies and one free withdrawal per month. The main drawback is that you can only use bank transfer.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies
First withdrawal free each month
Interactive Brokers withdrawal fees and options
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No Yes Yes No
Electronic wallets No No Yes Yes No
Withdrawal fee $0 $0 $0 $5 $10

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#1 Interactive Brokers
Markets and products
5.0

At Interactive Brokers, you have access to an extremely wide range of markets and all product types are available.
Interactive Brokers markets and products
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes No Yes Yes
Forex Yes Yes Yes Yes Yes
Funds Yes Yes No No Yes
Bonds Yes Yes No No Yes
Options Yes Yes No No Yes
Futures Yes Yes No No Yes
CFDs Yes Yes Yes Yes Yes
Crypto Yes Yes Yes Yes Yes

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#1 Interactive Brokers
Web trading platform
4.0

Interactive Brokers' web platform is simple and easy to use, even for beginners, however there are some minor but annoying glitches.
Pros Cons
User-friendly User experience could be better
Clear fee report
Two-step (safer) login
Best international online brokers for citizens in Malta - Interactive Brokers trading platform
Interactive Brokers trading platforms
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Web platform score 4.0 stars 5.0 stars 3.9 stars 4.4 stars 4.3 stars
Mobile platform score 3.5 stars 5.0 stars 4.9 stars 4.9 stars 4.7 stars
Desktop platform score 3.8 stars 5.0 stars 3.4 stars - 3.4 stars

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#1 Interactive Brokers
Verdict

Interactive Brokers is one of the biggest US-based discount brokers, regulated by several top-tier regulators globally. We recommend this broker both for advanced traders and for everyday investors who want to have access to many stock markets.

On the plus side, IB offers very low fees, a vast range of markets and products, and diverse research tools

There are some drawbacks, though. We weren't satisfied with the quaity of the customer service and the account opening process is complicated. Unlike the web and mobile platforms, the desktop platform is complex and hard to get a handle on, especially for beginners.

If you have experience navigating complex platforms and enjoy transparent, low-cost trading, Interactive Brokers is a great fit for you.

Interactive Brokers
Summary Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Fees score 4.5 stars
Recommended for Traders looking for broad market access and a professional trading environment

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Saxo Bank Logo

#2 Best international online brokers for citizens in Malta
Saxo Bank

4.8

Saxo Bank, a Danish investment bank founded in 1992, provides online trading and investment services. The company is regulated by several financial authorities globally, including the Danish Financial Services Agency (FSA) and the UK Financial Conduct Authority (FCA). 

Saxo Bank is a global service provider and its subsidiaries are present in the form of separate legal entities in different regions of the world. The services offered by the various entities may differ slightly, especially with respect to fees and product portfolios. In this review, we tested Saxo Bank UK.

Saxo Bank is considered safe because it has a long track record, a banking background and is regulated by top-tier financial authorities.

Recommended for investors and traders looking for a great trading platform and solid research

Pros Cons
Great trading platform High bond, options and futures fees
Outstanding research High minimum deposit
Broad product portfolio Lacks live chat and 24/7 availability

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#2 Saxo Bank
Fees
3.3

Saxo Bank has average trading and non-trading fees overall. Trading fees vary greatly between different asset classes.
Pros Cons
Low forex fees Inactivity fee
Low fund fees High bond, options and futures fees
No withdrawal fee
Saxo Bank fees
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
US stock $1.0 $10.0 $0.0 $0.0 $25.0
UK stock $4.2 $11.2 $0.0 $0.0 $35.0
EURUSD benchmark fee $10.7 $7.8 $6.4 $8.7 $10.1
AUDUSD benchmark fee $8.6 $6.2 $6.4 $6.7 $7.7
GBPUSD benchmark fee $8.6 $5.7 $4.1 $7.5 $6.8
S&P 500 index CFD fee $2.8 $1.4 $3.2 $1.7 $2.6
Europe 50 index CFD fee $3.1 $2.0 $3.0 $2.9 $3.0

The above calculation includes all spreads, commissions and financing rates (if applicable) for opening a position, holding it for a week, and closing it.

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#2 Saxo Bank
Account opening
2.5

Saxo's account opening is fully digital, user-friendly and available in most countries. On the other hand, the minimum deposit is high in certain countries and account verification can take longer.
Pros Cons
Fully digital Minimum deposit is high in certain countries
User-friendly Slow account verification
Available in almost every country
Saxo Bank minimum deposit and time to open an account
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Minimum deposit $0 $2,000 $20 $200 $0
Time to open account 1-3 days >3 days 1 day 1 day 1 day

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#2 Saxo Bank
Deposit and withdrawal
4.8

Saxo provides multiple deposit and withdrawal options free of charge on a user-friendly interface.
Pros Cons
Credit/Debit card available Electronic wallets not available for deposit or withdrawal
Free withdrawal
No deposit fee
Saxo Bank withdrawal fees and options
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No Yes Yes No
Electronic wallets No No Yes Yes No
Withdrawal fee $0 $0 $0 $5 $10

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#2 Saxo Bank
Markets and products
5.0

Saxo Bank's product portfolio covers all asset classes and a lot of markets globally. Mutual funds are the only areas where the selection could be improved.
Saxo Bank markets and products
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes No Yes Yes
Forex Yes Yes Yes Yes Yes
Funds Yes Yes No No Yes
Bonds Yes Yes No No Yes
Options Yes Yes No No Yes
Futures Yes Yes No No Yes
CFDs Yes Yes Yes Yes Yes
Crypto Yes Yes Yes Yes Yes

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#2 Saxo Bank
Web trading platform
5.0

Saxo Bank's web trading platform is one of the best among online brokers. While it's easy to use, the platform also provides features tailored for professionals, such as an advanced order panel.
Pros Cons
User-friendly None
Clear fee report
Two-step (safer) login
Best international online brokers for citizens in Malta - Saxo Bank trading platform
Saxo Bank trading platforms
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Web platform score 4.0 stars 5.0 stars 3.9 stars 4.4 stars 4.3 stars
Mobile platform score 3.5 stars 5.0 stars 4.9 stars 4.9 stars 4.7 stars
Desktop platform score 3.8 stars 5.0 stars 3.4 stars - 3.4 stars

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#2 Saxo Bank
Verdict

Saxo Bank is a great broker, providing a complex and good service.

It offers a user-friendly and well-designed trading platform, backed by great research. The product portfolio covers all asset types and many international markets.

It has some drawbacks though. The fees for bonds, options and futures are high. There is also a high minimum deposit for certain countries. Lastly, there is no live chat or 24/7 customer support.

In general, Saxo Bank is one of the best online brokerage companies out there. By opening an account, you will get a broad, well-developed service constantly adapted to the needs of clients.

Saxo Bank
Summary Saxo Bank is a Danish investment bank. It is regulated by more than 10 financial authorities, including the top-tier UK FCA.
Fees score 3.3 stars
Recommended for Investors and traders looking for a great trading platform and solid research

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Capital.com Logo

#3 Best international online brokers for citizens in Malta
Capital.com

4.8

Capital.com is a global CFD and forex broker that was founded in 2016. It is regulated by the UK's Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the National Bank of the Republic of Belarus (NBRB).

Capital.com is considered safe because it is regulated by the top-tier FCA.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.77% of retail investor accounts lose money when trading CFDs with this provider. Make sure you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for great trading platform and customer service

Pros Cons
Low forex and stock CFD fees Only CFD and real stock available
Great account opening experience No price alerts on web platform
Excellent customer support Smaller account currencies not available

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78.77% of retail CFD accounts lose money

#3 Capital.com
Fees
4.3

Capital.com has low forex and CFD fees. It's great that commission-free real stocks are available for clients under FCA and CySEC. Non-trading fees are low, too, there are no inactivity or withdrawal fees. On the other hand, stock index CFD fees aren't competitive.
Pros Cons
Low forex and stock CFD fees Average stock index CFD fees
Commission-free real stocks (but there are tight spreads)
No withdrawal or inactivity fee
Capital.com fees
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
US stock $1.0 $10.0 $0.0 $0.0 $25.0
UK stock $4.2 $11.2 $0.0 $0.0 $35.0
EURUSD benchmark fee $10.7 $7.8 $6.4 $8.7 $10.1
AUDUSD benchmark fee $8.6 $6.2 $6.4 $6.7 $7.7
GBPUSD benchmark fee $8.6 $5.7 $4.1 $7.5 $6.8
S&P 500 index CFD fee $2.8 $1.4 $3.2 $1.7 $2.6
Europe 50 index CFD fee $3.1 $2.0 $3.0 $2.9 $3.0

The above calculation includes all spreads, commissions and financing rates (if applicable) for opening a position, holding it for a week, and closing it.

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78.77% of retail CFD accounts lose money

#3 Capital.com
Account opening
5.0

Capital.com has one of the best account opening processes we've ever seen: it is simple, quick, well-designed and intuitive. We are impressed.
Pros Cons
Fast None
Fully digital
Low minimum deposit
Capital.com minimum deposit and time to open an account
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Minimum deposit $0 $2,000 $20 $200 $0
Time to open account 1-3 days >3 days 1 day 1 day 1 day

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78.77% of retail CFD accounts lose money

#3 Capital.com
Deposit and withdrawal
4.5

Deposits and withdrawals are free at Capital.com and many options are provided, including Apple Pay. However, only four major currencies (USD, GBP, EUR, AUD) and one smaller (PLN) are available.
Pros Cons
Credit/Debit card available Smaller currencies not available
Free withdrawal
No deposit fee
Capital.com withdrawal fees and options
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No Yes Yes No
Electronic wallets No No Yes Yes No
Withdrawal fee $0 $0 $0 $5 $10

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78.77% of retail CFD accounts lose money

#3 Capital.com
Markets and products
3.0

Capital.com has an impressive selection of CFD, forex and crypto products compared to other CFD brokers. However, it lacks popular asset types like real ETFs, funds, or futures.
Capital.com markets and products
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes No Yes Yes
Forex Yes Yes Yes Yes Yes
Funds Yes Yes No No Yes
Bonds Yes Yes No No Yes
Options Yes Yes No No Yes
Futures Yes Yes No No Yes
CFDs Yes Yes Yes Yes Yes
Crypto Yes Yes Yes Yes Yes

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78.77% of retail CFD accounts lose money

#3 Capital.com
Web trading platform
3.9

Capital.com has an easy-to-use and well-designed web trading platform, with clear fee reports and a two-step login. However, it has limited customizability and lacks price alerts.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report No price alerts
Two-step (safer) login
Best international online brokers for citizens in Malta - Capital.com trading platform
Capital.com trading platforms
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Web platform score 4.0 stars 5.0 stars 3.9 stars 4.4 stars 4.3 stars
Mobile platform score 3.5 stars 5.0 stars 4.9 stars 4.9 stars 4.7 stars
Desktop platform score 3.8 stars 5.0 stars 3.4 stars - 3.4 stars

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78.77% of retail CFD accounts lose money

#3 Capital.com
Verdict

Capital.com is a great CFD and forex broker, regulated by the FCA, a top-tier authority.

On the plus side, the stock CFD and forex fees are low, the account opening is very user-friendly, and customer support is exceptional.

On the other hand, Capital.com offers only CFDs (equity, index, crypto, commodity, forex) and real stock asset classes. Minor account base currencies and price alerts are missing from the web platform.

As there is no inactivity fee and the account opening is fast, feel free to try Capital.com.

Capital.com
Summary Capital.com is a global CFD and forex broker. It is regulated by the FCA, CySEC, and NBRB.
Fees score 4.3 stars
Recommended for Forex and CFD traders looking for great trading platform and customer service

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78.77% of retail CFD accounts lose money

eToro Logo

#4 Best international online brokers for citizens in Malta
eToro

4.7

eToro review summary

 

eToro is a well-known Israeli fintech company and a social trading broker, established in 2007.

eToro serves UK clients through a unit regulated by the Financial Conduct Authority (FCA) and Australians through an Australian Securities and Investment Commission (ASIC) regulated entity. All other customers are served by a Cypriot unit that is regulated by the Cyprus Securities and Exchange Commission (CySEC).

eToro is not listed on any stock exchange, does not disclose its annual report on its website and does not have a bank parent.

eToro is considered safe because its UK and Australian arms are regulated by top-tier financial authorities and it is a well-known fintech company.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Our overall eToro rating

Compare this broker to the best eToro alternative

Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading

Pros Cons
Free stock and ETF trading High non-trading fees
Seamless account opening Only one account base currency
Social trading experience Customer support could be improved

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Your capital is at risk

#4 eToro
Fees
4.4

eToro offers free stock and ETF trading, while forex and CFD fees are low. On the negative side, non-trading fees are high, including a $5 withdrawal fee.
Pros Cons
Low trading fees High non-trading fees
Free stock and ETF trading
Low forex and CFD fees
eToro fees
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
US stock $1.0 $10.0 $0.0 $0.0 $25.0
UK stock $4.2 $11.2 $0.0 $0.0 $35.0
EURUSD benchmark fee $10.7 $7.8 $6.4 $8.7 $10.1
AUDUSD benchmark fee $8.6 $6.2 $6.4 $6.7 $7.7
GBPUSD benchmark fee $8.6 $5.7 $4.1 $7.5 $6.8
S&P 500 index CFD fee $2.8 $1.4 $3.2 $1.7 $2.6
Europe 50 index CFD fee $3.1 $2.0 $3.0 $2.9 $3.0

The above calculation includes all spreads, commissions and financing rates (if applicable) for opening a position, holding it for a week, and closing it.

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#4 eToro
Account opening
5.0

Account opening at eToro is seamless and very fast.
Pros Cons
Fast None
Fully digital
Low minimum deposit
eToro minimum deposit and time to open an account
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Minimum deposit $0 $2,000 $20 $200 $0
Time to open account 1-3 days >3 days 1 day 1 day 1 day

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#4 eToro
Deposit and withdrawal
3.5

Depositing money is free and easy, with a lot of available options, including credit cards. However, there is a withdrawal fee and only USD accounts are available.
Pros Cons
Credit/Debit card available Only one account base currency
No deposit fee $5 withdrawal fee
User-friendly Conversion fee for non-USD deposits
eToro withdrawal fees and options
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No Yes Yes No
Electronic wallets No No Yes Yes No
Withdrawal fee $0 $0 $0 $5 $10

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#4 eToro
Markets and products
3.8

At eToro, you can trade CFDs and forex, as well as real stocks, ETFs and many cryptos. Innovative services like social trading and CopyPortfolio are also available.
eToro markets and products
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes No Yes Yes
Forex Yes Yes Yes Yes Yes
Funds Yes Yes No No Yes
Bonds Yes Yes No No Yes
Options Yes Yes No No Yes
Futures Yes Yes No No Yes
CFDs Yes Yes Yes Yes Yes
Crypto Yes Yes Yes Yes Yes

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#4 eToro
Web trading platform
4.4

eToro offers a user-friendly and well-designed web trading platform. Social trading is available, too. On the other hand, customizability is limited.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Best international online brokers for citizens in Malta - eToro trading platform
eToro trading platforms
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Web platform score 4.0 stars 5.0 stars 3.9 stars 4.4 stars 4.3 stars
Mobile platform score 3.5 stars 5.0 stars 4.9 stars 4.9 stars 4.7 stars
Desktop platform score 3.8 stars 5.0 stars 3.4 stars - 3.4 stars

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#4 eToro
Verdict

How eToro works? eToro offers zero-commission stock trading. The account opening is swift and seamless. It has a lot of innovative features, like social trading and copying other (successful) traders.

It has some drawbacks, though. Non-trading fees are high and eToro only allows USD accounts, which means that conversion costs on deposits and withdrawals can be high in some cases. Live chat is hard to reach and their educational materials could be better.

So is eToro good? Overall, we would recommend eToro for its social trading feature and zero-commission stock trading.

Risk disclaimer

eToro is a multi-asset platform that offers both investing in stocks and crypto assets as well as trading CFD assets.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Cryptoassets are volatile instruments that can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading crypto assets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro
Summary eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK FCA or Australia's ASIC.
Fees score 4.4 stars
Recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading

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Swissquote Logo

#5 Best international online brokers for citizens in Malta
Swissquote

4.7

Swissquote is a Swiss investment bank established in 1996. It has two main trading arms: a Swiss unit for trading stocks, funds, options and futures, and a company in the UK for CFDs and forex.

Formally, Swissquote Bank Ltd is based in Switzerland and is regulated by the Swiss Financial Market Supervisory Authority (FINMA), the country's financial regulator.

The other entity, Swissquote Ltd, is Luxembourg and offers CFDs and forex trading. It is regulated by the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg's regulator. The purpose of this entity is to grant access to the European markets after Brexit. The UK entity remained only for UK clients

Swissquote is considered safe because Swissquote Bank Ltd has a banking license, it is listed on the Swiss stock exchange, discloses detailed financials regularly and has a long track record.

Here, we focus mainly on the Swiss entity, sometimes referred to as "Swissquote (CH)". Throughout our content, we will refer to the Luxembourg-based entity as "Swissquote Europe (LUX)".

Recommended for affluent investors who value safety and are ok with higher fees

Pros Cons
Access to many markets and products High trading fees
No inactivity fee Confusing trading platform selection
Rock-solid background Some research tools are not free

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#5 Swissquote
Fees
2.4

Swissquote charges no inactivity fee and you can trade an impressive selection of funds for favorable fees. On the other hand, trading fees are generally high, including stocks and ETFs fees, and there is a fee for withdrawing your money.
Pros Cons
Low fund fees High stock and ETF fees
No inactivity fee High bond fees
Swissquote fees
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
US stock $1.0 $10.0 $0.0 $0.0 $25.0
UK stock $4.2 $11.2 $0.0 $0.0 $35.0
EURUSD benchmark fee $10.7 $7.8 $6.4 $8.7 $10.1
AUDUSD benchmark fee $8.6 $6.2 $6.4 $6.7 $7.7
GBPUSD benchmark fee $8.6 $5.7 $4.1 $7.5 $6.8
S&P 500 index CFD fee $2.8 $1.4 $3.2 $1.7 $2.6
Europe 50 index CFD fee $3.1 $2.0 $3.0 $2.9 $3.0

The above calculation includes all spreads, commissions and financing rates (if applicable) for opening a position, holding it for a week, and closing it.

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#5 Swissquote
Account opening
4.0

Swissquote offers a fully digital account opening process, although we encountered wait times. There is no minimum deposit for trading accounts, but a high minimum for forex and robo-advisory accounts.
Pros Cons
Fully digital Long wait times
No minimum deposit for trading account Forex and robo-advisor accounts have high minimum deposit
Swissquote minimum deposit and time to open an account
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Minimum deposit $0 $2,000 $20 $200 $0
Time to open account 1-3 days >3 days 1 day 1 day 1 day

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#5 Swissquote
Deposit and withdrawal
4.6

Depositing at Swissquote is quick with credit/debit card and can be done in several base currencies. On the negative side, you can only withdraw money via bank transfer, and the Swiss entity charges fees.
Pros Cons
Credit/Debit card available Swiss entity charges withdrawal and deposit fees
Several account base currencies
Swissquote withdrawal fees and options
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No Yes Yes No
Electronic wallets No No Yes Yes No
Withdrawal fee $0 $0 $0 $5 $10

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#5 Swissquote
Markets and products
5.0

At Swissquote (CH) you can access many markets and trade with a lot of different product types. At Swissquote Bank (LUX) you can trade forex and CFDs too.
Swissquote markets and products
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes No Yes Yes
Forex Yes Yes Yes Yes Yes
Funds Yes Yes No No Yes
Bonds Yes Yes No No Yes
Options Yes Yes No No Yes
Futures Yes Yes No No Yes
CFDs Yes Yes Yes Yes Yes
Crypto Yes Yes Yes Yes Yes

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#5 Swissquote
Web trading platform
4.3

The Swissquote (CH) eTrading platform has a lot of functions, so many that sometimes it can get complicated. Customizability is good and there is a clear overview of trading fees, but it's easy to get lost on the platform.
Pros Cons
Clear fee report Easy to get lost among functions
Two-step (safer) login
Good search function
Best international online brokers for citizens in Malta - Swissquote trading platform
Swissquote trading platforms
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Web platform score 4.0 stars 5.0 stars 3.9 stars 4.4 stars 4.3 stars
Mobile platform score 3.5 stars 5.0 stars 4.9 stars 4.9 stars 4.7 stars
Desktop platform score 3.8 stars 5.0 stars 3.4 stars - 3.4 stars

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#5 Swissquote
Verdict

Swissquote is an investment bank with a rock-solid background:

  • It is Swiss,
  • it is listed on an exchange
  • and it is a bank

It has two main entities, one in the UK and one in Switzerland. If you open an account at the London-based entity you can trade forex and CFDs, while the Swiss entity gives you access to assets ranging from stocks to options.

Swissquote offers a broad range of products across many markets. There are many stocks, mutual funds, and a lot of different other types of products, from bonds to cryptos.

However, nothing is free: Swissquote's trading fees are relatively high

All in all, Swissquote is a great stockbroker. As you can trade many products and no inactivity fee is charged, feel free to give it a try.

Swissquote
Summary Swissquote is a Swiss online broker with a banking license. It is listed on the Swiss stock exchange and regulated by several authorities globally, including the top-tier UK FCA.
Fees score 2.4 stars
Recommended for Affluent investors who value safety and are OK with higher fees

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Best international online brokers for citizens in Malta
What makes a good online broker

Now that you know the top 5, you are probably curious how we came up with this list. Let's go through a few points quickly. What is an online broker? Why do we think these brokers are safe? What are the most important factors when selecting the best online brokers?

What is an online broker?

Thirty years ago, if you wanted to buy a stock, you had to pick up the phone and call your broker, who executed the transaction in return for a commission. Brokers were like characters in the movie 'Wolf of Wall Street'. They were constantly monitoring stock prices while holding the phone and shouting. The Internet changed all that. Nowadays, if you want to invest in Apple shares, you open an online account, deposit money, and set up an order on the brokers' online platform. These platforms are the online brokers. Online brokers help you buy and sell securities like stocks and ETFs. After creating your order, the online broker executes it immediately. It all takes place online.

Are these brokers safe?

We consider each broker on our list safe. You can be sure none of them is a scam. All the brokers featured on BrokerChooser are regulated by at least one authority.

However, brokerage companies can still go bust. Remember the collapse of Lehman Brothers? In such cases, it is important to know what happens with your securities and cash. Your funds are usually held in segregated accounts, so even if your broker goes bankrupt, your funds are safe.

If all goes wrong, and for example, the broker steals your assets, then you have a last resort: the compensation fund of the country where the broker is regulated.

How did BrokerChooser pick the best online brokers?

At BrokerChooser, we test online brokers based on more than ~300 criteria, with real accounts and real money. We don\'t want to overwhelm you, so we will list the five most important criteria.

5 most important criteria for the best online brokers in 2021
1. Fees The trading fees of a typical US equity trade can be 50 times higher at one online broker compared to another. It's definitely worth checking these fees.
2. Account opening Some online brokers require a minimum deposint to start investing while others don't ask for a fix first-time deposit. Check these reuirements at the best online brokers.
3. Deposit and withdrawal At some online brokers, funding and withdrawing funds can take 5 times longer and be much more expensive than at others.
5. Trading platform A user-friendly and well-equipped trading platform can significantly increase your trading comfort.
4. Markets and products You want to invest in Amazon or trade Bitcoin? They might not be available. Check the product lineup before opening an account.

Best international online brokers for citizens in Malta
Bottom line

These were the details, now let's zoom out. Here are the best international online brokers of 2021 for citizens in Malta:

Best international online brokers for citizens in Malta
Interactive Brokers Saxo Bank Capital.com eToro Swissquote
Overall score 4.9 4.8 4.8 4.7 4.7
Best in Best online broker Best forex broker Best broker for cryptos
Fees score 4.5 stars 3.3 stars 4.3 stars 4.4 stars 2.4 stars
Account opening score 3.4 stars 2.5 stars 5.0 stars 5.0 stars 4.0 stars
Deposit and withdrawal score 3.0 stars 4.8 stars 4.5 stars 3.5 stars 4.6 stars
Markets and products score 5.0 stars 5.0 stars 3.0 stars 3.8 stars 5.0 stars
Web platform score 4.0 stars 5.0 stars 3.9 stars 4.4 stars 4.3 stars
Mobile platform score 3.5 stars 5.0 stars 4.9 stars 4.9 stars 4.7 stars
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78.77% of retail CFD accounts lose money
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Interactive Brokers is our winner, the best international online broker in Malta for 2021. Low trading fees. Wide range of products. Many great research tools.
All of these brokers are considered safe and a great choice. Pick the winner, or any of the runners-up, and take the next step in your investment journey. Let us know what you think in the comments section.
Still unsure? For a tailored recommendation, check out our broker finder tool. If you enter the name of your country it will show only the relevant brokers. Want more details? Compare brokers with the help of our in-depth comparison table.

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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