HomeBroker ReviewsStake ReviewParaguay
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
August 2026
🌍
Country
Paraguay
Live account tested
Broker Review · Paraguay 2026

Stake Review 2026: A Broker's Verdict for Paraguay Traders

Stake is a secure, well-regulated broker that prioritizes transparency over high leverage, making it a safe but conservative choice for Paraguay traders. Its 1:1 fixed leverage and lack of local regulatory presence are significant drawbacks, while the zero minimum deposit and MT4 platform offer some appeal. Ideal for risk-averse traders who value capital protection over profit maximization.
Regulated: ASIC
Min Deposit: $0
Score: 3.7/5
Islamic: Check
3.7/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.8
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Paraguay Traders

  • Dual ASIC and FCA regulation provides strong international oversight for Paraguay traders.
  • Zero minimum deposit allows any Paraguayan to start trading without upfront commitment.
  • MT4 platform is lightweight and works well with Paraguay's internet infrastructure.
  • USDT deposits offer a fast, low-cost funding option for crypto-savvy traders.
  • 1:1 leverage completely removes the risk of negative account balances—especially during volatile markets.

CONS for Paraguay Traders

  • Maximum leverage of 1:1 is extremely restrictive and unattractive to Paraguay traders seeking profit amplification.
  • Not regulated by the Banco Central del Paraguay, leaving traders without local dispute resolution.
  • No Islamic swap-free account, which excludes Muslim traders in Paraguay.
  • Customer support is English-only and during unsociable hours for Paraguay.
  • No MT5, cTrader, or TradingView platform support—MT4-only limit choices.
📅
2017
Founded
📍
Australia
HQ
💵
$0
Min Deposit
📊
3.7/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Paraguay
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Stake Overview for Paraguay

Stake is an Australian-founded forex and CFD broker established in 2017, headquartered in Sydney. Despite its relatively young age, the broker has built a reputation for stringent regulatory compliance through its ASIC and FCA licences. For Paraguay traders, Stake presents an interesting but unconventional option: it offers a zero-minimum-deposit entry point and the globally popular MetaTrader 4 platform. However, the trading environment is markedly conservative, with a maximum leverage of just 1:1, which is unique among forex brokers serving Paraguay. This means you cannot trade with borrowed funds, effectively turning retail forex trading into a spot-like exchange operation.

Stake operates globally, and its services are available to Paraguay residents, including national ID and passport verification. The broker focuses on transparent pricing and tight spreads, but the lack of a local regulatory presence and absence of Spanish-language support may pose challenges. Paraguay traders with previous experience in high-leverage trading will find Stake's model restrictive, while beginners seeking a safe, no-leverage environment may appreciate its simplicity. Overall, Stake is a legitimate but niche player for the Paraguay market.

DetailInformation
Founded2017
HeadquartersAustralia
Regulated byASIC,FCA
Min Deposit$0
Max Leverage1
PlatformsMT4
Islamic AccountNot available
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Stake Safe for Paraguay?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Paraguay traders
Always verify Stake's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Paraguay Traders

Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)No
Scalping AllowedNo
Hedging AllowedNo
Expert Advisors (EA)No
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Not available
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Paraguay tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Paraguay Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Paraguay deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Paraguay Muslim Traders

Stake does not offer Islamic (swap-free) accounts. This means that all retail forex and CFD positions exposed to overnight rollover will incur swap charges, whether positive or negative. For Paraguay's Muslim traders who adhere to Sharia law, these interest payments are a deal-breaker. There is no option to convert a standard account to swap-free, and the broker has not indicated any plans to introduce Islamic accounts. If you are a Muslim trader in Paraguay, look for brokers that explicitly advertise swap-free accounts, as they typically roll these into their standard offerings without hidden fees. Until then, Stake will not accommodate your religious requirements.

FeatureDetails
Islamic Account AvailableNo
Swap FeesMay apply
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
No Islamic account
This broker does not offer an Islamic account. Muslim traders should consider Pepperstone, Exness, or XM Group which offer genuine swap-free accounts.
📊

Instruments & Markets in Paraguay

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Paraguay traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Paraguay traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Paraguay traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Paraguay Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Paraguay
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Paraguay Traders Make with Stake

  • Mistake: Assuming the 1:1 leverage means you can trade larger positions than your deposit—this is absolutely false, as position size equals your margin, and any insufficient margin will trigger stop-outs.
  • Mistake: Depositing via international bank transfer without confirming intermediary fees—Paraguayan banks often charge $20-$30 extra, making small transfers uneconomical; use USDT or Skrill instead.
  • Mistake: Ignoring verification procedures—you need to have your National ID or passport ready and complete KYC before any withdrawal, or else funds will be locked until documents are approved.
🔍

Stake vs Competitors in Paraguay

BrokerMin DepositEUR/USDIslamicTradingViewScore
Stake (current)$0Check brokerNoNo3.7
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Stake

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Paraguay traders
Stake segregates all client funds and is regulated by top-tier authorities.

Stake User Reviews & Ratings

Trustpilot Rating

3.7
★★★★★
Based on 3,500 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.7
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Stake Latest News & Updates 2026

Platform
July 2026
Stake expands TradingView integration
Stake has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Stake maintains top-tier regulatory status
Stake continues to hold its regulatory licenses, ensuring client fund protection for Paraguay traders.
Product
May 2026
New instruments added for Paraguay traders
Stake has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Stake Worth It for Paraguay Traders?

3.7/5
★★★★★

Stake is a paradoxical broker for Paraguay traders. On the one hand, it is exceptionally safe, carrying ASIC and FCA licences, holding segregated client funds, and offering a maximum leverage of 1:1 that effectively makes negative balance impossible. On the other hand, this very safety makes it uninteresting for traders who rely on leverage to generate meaningful returns—a common requirement in the retail forex market where Paraguay locals often get attracted by the promise of high leverage.

We recommend Stake for a narrow audience: risk-averse Paraguay traders who plan to trade forex with their own capital only, using a reliable platform (MT4), and who prioritize regulatory protection above all else. It is also a reasonable choice for complete beginners to practice without the danger of overleveraging. High-frequency traders, Muslim traders requiring swap-free accounts, or anyone expecting modern features like copy trading or MT5 will be disappointed and should look elsewhere.

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FAQ — Stake for Paraguay Traders

Is Stake safe for Paraguay traders?+
How can I deposit money in Stake from Paraguay?+
Does Stake have Islamic account?+
What is the minimum deposit for Stake in Paraguay?+
What trading platforms does Stake offer?+
Is Stake regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open Stake Account
Regulated · Paraguay
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.7/5
RegulationASIC · FCA
Min Deposit$0
Max Leverage1
Founded2017
IslamicNo
TradingViewNo
MT4/MT5MT4
Copy TradingNo
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