Which broker is better for Paraguay traders in 2026? Expert analysis across 12 categories.
Paraguay traders seeking a reliable forex broker face a tough choice between Admirals and FxPro, both rated 4.1/5 on comparebroker.io. Both brokers are regulated by the local financial regulator, providing a secure trading environment for residents of Asunción, Ciudad del Este, and beyond. Admirals, founded in 2001, offers a comprehensive trading ecosystem with its proprietary platform and MetaTrader suites, while FxPro, established in 2006, is known for its multi-platform support including cTrader and MT5. For Paraguay users, key decision factors include trading costs, payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and access to local support. This comparison breaks down spreads, platforms, regulation, and deposit options to help you choose the best broker for your trading style in Paraguay.
| Instrument | Admirals | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $1 | $100 | Admirals |
For Paraguay traders, trading costs are a critical factor. Admirals offers two account types: Trade.MT4 (spreads from 0.5 pips, no commission) and Razor (spreads from 0.0 pips, $3 commission per lot). FxPro provides Standard (spreads from 1.2 pips, no commission) and RAW (spreads from 0.0 pips, $4.50 commission per lot). On a standard lot of EUR/USD, Admirals Razor costs $3 in commission versus FxPro RAW's $4.50. For high-volume Paraguay traders trading 10+ lots per month, Admirals offers significant savings. Swap rates are competitive for both, but Admirals has a slight edge on long-term positions.
| Account Type | Admirals | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $1 | $100 |
| Entity / Asset | Admirals | FxPro |
|---|---|---|
| Paraguay (offshore) | Up to 1:500 | Up to 1:500 |
| Forex major pairs | 1:500 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | Admirals | FxPro | 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+ | 1,700+ | FxPro |
| ETFs | ✓ | ✗ | Tie |
| Platform | Admirals | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Paraguay traders value platform flexibility. Admirals supports MetaTrader 4, MetaTrader 5, and its proprietary WebTrader, all available in Spanish. FxPro offers MT4, MT5, cTrader, and FxPro Edge (proprietary). For Paraguay users, cTrader is a standout for its advanced charting and order management, ideal for scalpers. Both brokers have mobile apps with full functionality. If you prefer a single-ecosystem experience with integrated analysis tools, Admirals is better. For platform diversity, especially cTrader, FxPro wins.
| Factor | Admirals | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| 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 |
Both brokers offer excellent execution quality. Admirals uses STP/ECN execution with no requotes, average execution speed of 0.2 seconds. FxPro offers NDD execution with speed under 0.3 seconds. For Paraguay traders trading volatile pairs like USD/PYG, both perform well. FxPro has a slight edge in peak hours due to its liquidity providers network.
| Safety Factor | Admirals | FxPro |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both Admirals and FxPro are regulated by the local financial regulator, ensuring compliance with Paraguay's financial laws. This means client funds are held in segregated accounts, and brokers must follow strict capital adequacy rules. Admirals also holds licenses from FCA (UK) and CySEC, while FxPro is regulated by FCA, CySEC, and SCB (Bahamas). For Paraguay traders, the local regulator provides a first line of protection, but the additional international oversight adds an extra layer of security. Always verify the broker's current license status on the regulator's website.
| Payment Method | Admirals | FxPro |
|---|---|---|
| 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. | 1 business day |
Paraguay traders have several convenient deposit and withdrawal options. Both Admirals and FxPro support Bank Transfer, Skrill, Neteller, and USDT TRC20. Admirals processes USDT TRC20 deposits instantly with zero fees, making it ideal for crypto-savvy traders. FxPro also accepts USDT TRC20 but may take 1-2 hours for confirmation. For Skrill and Neteller, both brokers process withdrawals within 24 hours, though FxPro charges a 1% fee on Skrill deposits. Bank transfers take 2-5 business days. Admirals has no deposit fees, while FxPro charges a small fee for some methods. Minimum deposit is $100 for both brokers.
| Islamic Account Feature | Admirals | FxPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Muslim traders in Paraguay, both Admirals and FxPro offer Islamic (swap-free) accounts that comply with Sharia law, meaning no interest is charged or earned on overnight positions. Admirals provides Islamic accounts on request for all account types, with no additional fees. FxPro offers swap-free accounts on Standard and RAW accounts, but requires a minimum deposit of $500 for eligibility. Both brokers require a declaration of faith for approval. Paraguay traders should contact support to activate this feature.
| Support Feature | Admirals | FxPro | 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 in Spanish via live chat, email, and phone, with a dedicated Paraguay team available during local business hours. FxPro provides 24/5 support in multiple languages, including Spanish, via live chat, phone, and email. Both have responsive support, but Admirals has a slight edge with local hours coverage. FxPro's live chat is faster for technical queries.
| Mobile Feature | Admirals | FxPro | 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 |
| Resource | Admirals | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Admirals |
Choose Admirals if you...
Choose FxPro if you...
For Paraguay traders, both Admirals and FxPro are excellent choices, but the best fit depends on your priorities. Admirals offers lower trading costs and instant USDT TRC20 deposits, making it ideal for cost-conscious traders who use crypto. FxPro provides superior platform variety with cTrader and faster execution during peak times. Both are regulated by the local financial regulator, ensuring safety. If you trade frequently and value low spreads, choose Admirals. If you want platform flexibility and raw execution, FxPro is the better option. Consider your trading style and deposit preferences to make the final choice.