Admirals vs FBS: Paraguay Trader Comparison 2026
Which broker is better for Paraguay traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Paraguay Traders
For Paraguay retail traders looking to trade forex and CFDs, choosing between Admirals and FBS is a critical decision. Both brokers accept clients from Paraguay and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits and withdrawals convenient. Admirals, with a 4.1/5 rating, is known for its tight spreads and robust regulatory framework, while FBS, rated 3.7/5, offers lower entry barriers and flexible leverage. This comparison focuses on what matters most to Paraguay traders: trading costs, platform usability, regulation by the local financial regulator, and payment options. Whether you are a beginner or an experienced trader, understanding these differences will help you select the broker that aligns with your trading style and financial goals in Paraguay’s growing forex market.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | Admirals | FBS | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FBS |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FBS |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FBS |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FBS |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $1 | $5 | Admirals |
For Paraguay traders, trading costs are a major factor. Admirals offers spreads from 0.0 pips on its Zero account with a commission of $3 per lot, while FBS’s ECN account has spreads from 0.7 pips with a $6 commission per lot. On a standard account, Admirals has spreads from 0.8 pips with no commission, whereas FBS’s standard account has spreads from 1.2 pips. Over 10 lots traded monthly, Admirals can save Paraguay traders up to $120 compared to FBS. Lower spreads benefit active traders, especially those trading major pairs like EUR/USD, which are popular in Paraguay.
Account Types Comparison
| Account Type | Admirals | FBS |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $1 | $5 |
Leverage Comparison - Paraguay Traders
| Entity / Asset | Admirals | FBS |
|---|---|---|
| Paraguay (offshore) | Up to 1:500 | Up to 1:3000 |
| Forex major pairs | 1:500 | 1:3000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Trading Instruments - Assets Available
| Asset Class | Admirals | FBS | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Admirals |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Admirals |
| Crypto CFDs | 30+ | 20+ | Admirals |
| Stocks / Share CFDs | 1,000+ | ✗ | FBS |
| ETFs | ✓ | ✗ | Tie |
Platforms Comparison
| Platform | Admirals | FBS |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, which are widely used by Paraguay traders for advanced charting and automated trading. Admirals also provides its proprietary WebTrader platform, while FBS offers a mobile app with one-click trading. For Paraguay traders with limited internet bandwidth, Admirals’ WebTrader is lightweight and accessible via browser. FBS’s mobile app is optimized for low data usage, making it suitable for Paraguay traders on the go. Both platforms support USDT TRC20 deposits, ensuring seamless integration with local payment preferences.
Execution Quality - Speed & Slippage
| Factor | Admirals | FBS | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FBS |
| Avg execution speed | ~30ms | ~40ms | Admirals |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Admirals offers ECN execution with no dealing desk intervention, ensuring fast order execution and minimal slippage for Paraguay traders. FBS uses a hybrid model with some market making, which can lead to slightly slower execution during high volatility. For Paraguay traders trading during volatile market hours, Admirals’ execution quality is superior, especially for scalping strategies. Both brokers offer negative balance protection, but Admirals’ execution reliability gives it an edge.
Regulation & Safety for Paraguay Traders
| Safety Factor | Admirals | FBS |
|---|---|---|
| Primary regulator | FCA | IFSC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Admirals is regulated by multiple top-tier authorities including FCA and CySEC, providing strong investor protection. FBS is regulated by IFSC and has a smaller regulatory footprint. For Paraguay traders, this means Admirals offers higher levels of account security and compensation schemes, though both brokers comply with the local financial regulator’s requirements. While FBS’s regulation may be less stringent, it still ensures basic compliance. Paraguay traders should weigh the importance of regulatory oversight against other factors like minimum deposit and trading conditions.
Deposits & Withdrawals for Paraguay
| Payment Method | Admirals | FBS |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | e-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days. | Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days. |
Paraguay traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. Admirals has a minimum deposit of $100, while FBS allows as low as $10, making FBS more accessible for beginners. Withdrawals are processed within 1-3 business days for Admirals and 1-2 days for FBS, with no fees for most methods. USDT TRC20 is especially popular in Paraguay for its speed and low transaction costs. Both brokers ensure that Paraguay traders can easily move funds in and out of their accounts without hassle, supporting the local preference for crypto-based transfers.
Islamic Accounts - Swap-Free for Paraguay Muslims
| Islamic Account Feature | Admirals | FBS |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both Admirals and FBS offer Islamic (swap-free) accounts for Paraguay Muslim traders who require Sharia-compliant trading. Admirals provides Islamic accounts upon request, with no swap charges on overnight positions, but may apply a small administrative fee. FBS offers Islamic accounts automatically for clients in Muslim-majority regions, including Paraguay, with no swap fees. Both brokers require that traders do not hold positions for extremely long periods to avoid misuse. This ensures that Paraguay Muslim traders can trade in accordance with their religious beliefs without extra costs.
Customer Support Comparison
| Support Feature | Admirals | FBS | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Admirals |
Admirals offers 24/5 customer support via live chat, email, and phone, with Spanish language support available, which is beneficial for Paraguay traders. FBS provides 24/7 support via live chat and email, also in Spanish. Both brokers have comprehensive FAQ sections on their websites. For Paraguay traders, FBS’s 24/7 availability is an advantage for after-hours trading, while Admirals’ phone support may be preferred for complex issues.
Mobile App Comparison
| Mobile Feature | Admirals | FBS | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Admirals |
| Google Play rating | 4.3 stars | 4.2 stars | Admirals |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
Education & Research Tools
| Resource | Admirals | FBS | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Admirals |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
Admirals
FBS
Who Should Use Which Broker? - Paraguay Guide
Choose Admirals if you...
- Prefer tighter spreads and lower overall trading costs
- Want stronger regulatory oversight from top-tier authorities
- Are an active trader with a higher deposit capacity (min $100)
- Value fast, ECN execution for scalping or day trading
Choose FBS if you...
- Are a beginner with a small starting capital (min $10 deposit)
- Need 24/7 customer support in Spanish
- Want flexible leverage options up to 1:3000
- Prefer a simpler account opening process with fewer requirements
FAQ - Admirals vs FBS in Paraguay
Final Verdict - Paraguay 2026
For Paraguay retail traders, the choice between Admirals and FBS depends on individual priorities. Admirals is the better option for those seeking lower spreads, stronger regulation, and reliable execution, especially for active traders. FBS is ideal for beginners or those with limited capital, thanks to its low minimum deposit of $10 and 24/7 support. Both brokers support local payments like Bank Transfer, Skrill, Neteller, and USDT TRC20, and are compliant with the local financial regulator. If trading costs and security are your main concerns, Admirals wins; if accessibility and flexibility matter more, FBS is a solid choice. Evaluate your trading volume and risk tolerance to make the best decision for your Paraguay-based trading journey.