Exness is a globally recognized forex and CFD broker founded in 2008, headquartered in Cyprus, and serving over 500,000 active traders worldwide. For Paraguay traders, Exness offers a compelling package: ultra-low spreads from 0.0 pips, leverage up to 1:2000, and a minimum deposit of just $10. The broker supports local payment methods such as Bank Transfer (via local banks), Skrill, and USDT (Tether), making it convenient for Paraguayans to fund accounts in USD. With regulation from top-tier authorities like the FCA, CySEC, and ASIC, Exness provides a secure trading environment. Its popularity in Latin America is growing due to its transparent pricing, fast execution, and extensive educational resources. Whether you are a beginner or an experienced trader in Paraguay, Exness offers flexible account types (Standard, Raw Spread, Zero, and Islamic) tailored to diverse trading styles. The broker also provides negative balance protection and segregated client funds, adding an extra layer of security. Overall, Exness is a solid choice for Paraguay traders seeking a reliable, low-cost, and well-regulated broker.
| Detail | Information |
|---|---|
| Founded | 2008 |
| Headquarters | Cyprus |
| Regulated by | FCA,CySEC,ASIC,FSA,FSCA,CBCS |
| Min Deposit | $10 |
| Max Leverage | 2 |
| Platforms | MT4, MT5 |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
Exness is regulated by multiple top-tier financial authorities, providing strong oversight for Paraguay traders. The broker holds licenses from the Financial Conduct Authority (FCA) in the UK (license 730729), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), the Financial Services Authority (FSA) in Seychelles, the Financial Sector Conduct Authority (FSCA) in South Africa, and the Central Bank of Curaçao and Sint Maarten (CBCS). For Paraguay traders, accounts are typically opened under the CySEC or FSA entities, depending on the client’s location. While Exness is not regulated by Paraguay’s local financial authority, its global regulatory compliance ensures client fund segregation, negative balance protection, and access to investor compensation schemes (e.g., ICF in Cyprus). Traders can verify licenses on the respective regulator websites. This multi-regulator framework makes Exness one of the most transparent and secure brokers for Paraguayans.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | 0.10 pips | $0 | 0.10 pips | 0.10 pips |
| GBP/USD | 0.30 pips | $0 | 0.30 pips | 0.30 pips |
| XAU/USD | 0.15 pips | $0 | 0.15 pips | 0.15 pips |
| S&P500 | 0.50 | $0 | 0.50 | 0.50 |
| BTC/USD | $50 | $0 | $50 | $50 |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
Exness offers Islamic (swap-free) accounts for Muslim traders in Paraguay, in compliance with Sharia law. These accounts eliminate overnight swap fees on positions held beyond the daily rollover, allowing traders to hold positions without accruing interest. The swap-free feature is genuine and applies to most forex, indices, and commodity pairs. However, some instruments (like certain crypto pairs) may incur small administrative fees if held for extended periods. To apply, open a Standard, Raw Spread, or Zero account, then request the swap-free option via live chat or in your Personal Area. There are no hidden charges, and the account remains swap-free indefinitely. This is a valuable option for Paraguay’s Muslim community, though it’s a small segment. Exness is one of the few brokers offering Islamic accounts with such low spreads and high leverage.
| Feature | Details |
|---|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 0.10 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.15 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03-$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.50 |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | $50 |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Exness (current) | $10 | 0.10 pips | Yes | No | 3.5 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
Exness is a highly recommended broker for Paraguay traders, especially those seeking low costs, flexible account types, and reliable regulation. Its $10 minimum deposit, local payment methods (Bank Transfer, Skrill, USDT), and high leverage make it ideal for retail traders with limited capital. The broker’s multi-regulator status (FCA, CySEC, ASIC) ensures a secure trading environment, though the lack of local Paraguayan regulation is a minor drawback. Exness is best for beginners and scalpers who prioritize low spreads and fast execution. However, traders requiring cTrader or extensive research tools may look elsewhere. Overall, Exness offers excellent value for Paraguayans, with a strong track record since 2008 and transparent pricing. We give it a 4.1 out of 5 rating.