Malta Financial Services Authority logo

MFSA

Malta Financial Services Authority

Malta · EU

Tier 2 - strong

What the MFSA does

The MFSA is Malta's single financial regulator. Investment firms it licenses can passport across the EU under MiFID II and apply ESMA retail protections.

Protections for traders

  • MiFID II conduct and best-execution rules
  • Leverage capped at 1:30 for major FX pairs for retail clients
  • Negative balance protection for retail clients
  • Investor Compensation Scheme for eligible clients
  • Segregation of client money

Best MFSA-regulated brokers

Ranked by BrokaBoy score, with ties listed alphabetically.

Deriv logo

Deriv

7.6/10· Trustpilot 4.3 (73,060 reviews)

Synthetic indices and multipliers alongside standard FX CFDs

Min Dep
$5
Spread
0.5 pips
Leverage
Up to 1:1000 (entity dependent)

Affiliate link - see our Methodology