Regulator profile · MT
MFSA — Malta Financial Services Authority
Tracked byBrokerlist Editorial · Independent review teamUpdated
The Malta Financial Services Authority (MFSA) is the single regulator for financial services in Malta. It licenses MiFID investment firms and is a common EU passporting base for international forex and CFD brokers.
Brokers in Malta accepting residents under MFSA- Jurisdiction
- Republic of Malta · with EU passporting rights to all EEA member states.
- Founded
- 2002
- Mandate
- Established under the Malta Financial Services Authority Act, the MFSA enforces the Investment Services Act and EU MiFID II rules. It also supervises insurance, banking, pensions and virtual financial assets under the VFA Act.
- Consumer protection
- Authorised firms must contribute to the Investor Compensation Scheme (ICS), which covers up to €20,000 per eligible client if a firm fails. Segregation of client money in tier-1 banks is mandatory; negative balance protection is mandatory for retail CFD clients.
- Retail leverage caps
- ESMA-aligned: 1:30 majors, 1:20 minors and gold, 1:10 non-gold commodities and major indices, 1:5 individual equities, 1:2 crypto CFDs. Professional reclassification reduces protection.
- Public register
- Public register of every MFSA-licensed firm. Each entry shows the licence category, authorised activities, key personnel and any sanctions on record. Open register ↗
- Dispute resolution
- Retail clients can refer unresolved complaints to the Office of the Arbiter for Financial Services, which can award up to €250,000 binding on the firm.
- Editor notes
- Malta is one of the smaller EU regulators by firm count but has been a vehicle for FX/CFD operations and, since 2018, for crypto-asset service providers under the Virtual Financial Assets Act — the predecessor regime to MiCA.
Brokers we track with a MFSA licence
1 broker- 03
03Deriv
BVIMFSAOpen account at Deriv →- Avg spread
- 0.70pip
- Cost / lot
- $7.00
- Min deposit
- $5
- Max leverage
- 1:1000
editorial estimateno commissionEU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000$5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill
Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product categoryPlatformsMetaTrader 5, Deriv XFounded in 1999 · Verified Jun 1, 2026