Which broker is better for Paraguay traders in 2026? Expert analysis across 12 categories.
For Paraguay traders seeking a reliable forex broker, the choice between EasyMarkets and Exness comes down to cost, regulation, and local payment flexibility. Both brokers accept traders from Paraguay and offer platforms like MT4 and MT5, but their strengths diverge significantly. EasyMarkets, with a score of 3.4/5, is known for its fixed spreads, user-friendly web trader, and simple fee structure. However, Exness, scoring 4.8/5, stands out for its ultra-low spreads, high leverage (up to 1:2000), and lightning-fast execution. As a Paraguayan, you need a broker that supports local payment methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20, and both cater to these. This comparison dives into trading costs, platforms, regulation, deposit/withdrawal processes, and more to help you decide which broker aligns with your trading style and local context.
| Instrument | EasyMarkets | Exness | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Exness |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Exness |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Exness |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Exness |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | Exness |
When comparing trading costs for Paraguay traders, Exness is the clear winner. Exness offers spreads from 0.1 pips on its Raw Spread account with a small commission, while easyMarkets keeps spreads fixed (e.g., 1.1 pips on EUR/USD) but charges no commission. For a Paraguayan trader executing standard lot trades, Exness can reduce costs by up to 80% due to tighter spreads. If you trade high volumes, the savings from Exness quickly outweigh easyMarkets' simplicity. Additionally, Exness provides variable spreads during volatile markets, which can be beneficial for news trading.
| Account Type | EasyMarkets | Exness |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $100 |
| Entity / Asset | EasyMarkets | Exness |
|---|---|---|
| Paraguay (offshore) | Up to 1:2000 | Up to 1:2000 |
| Forex major pairs | 1:2000 | 1:2000 |
| 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 | EasyMarkets | Exness | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Exness |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | Exness |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers provide MetaTrader 4 and MetaTrader 5, which are popular among Paraguay traders for their advanced charting and automated trading capabilities. EasyMarkets also offers its proprietary web platform that is beginner-friendly and includes features like risk management tools (e.g., dealCancellation). Exness, on the other hand, provides WebTerminal and mobile apps with one-click trading. For Paraguay traders who value speed and flexibility, Exness’s platform execution is superior, while easyMarkets may appeal to those who prefer a non-MT environment. Both platforms are available in Spanish.
| Factor | EasyMarkets | Exness | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Exness |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
Execution quality differs notably. EasyMarkets uses market execution with no requotes but has fixed spreads, which can be slower during news events. Exness employs NDD (No Dealing Desk) execution with ECN technology, resulting in ultra-fast order placement and minimal slippage. For Paraguay traders trading major pairs, Exness consistently offers better execution speed and reliability, important for scalping or high-frequency strategies.
| Safety Factor | EasyMarkets | Exness |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key factor for safety. EasyMarkets is regulated by CySEC (Cyprus), ASIC (Australia), and the FSA (Seychelles). Exness holds licenses from the FCA (UK), CySEC, and FSA, and is also regulated by the FSCA (South Africa). Neither broker is directly licensed by Paraguay’s local financial regulator (Comisión Nacional de Valores), but they operate as international brokers catering to Paraguayan residents. Exness’s stronger regulatory oversight (especially FCA) provides an extra layer of security. Paraguay traders should ensure they read the terms regarding negative balance protection and fund segregation, which both brokers offer.
| Payment Method | EasyMarkets | Exness |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | crypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days |
Depositing and withdrawing funds is straightforward for Paraguay traders. EasyMarkets accepts Bank Transfer, Skrill, Neteller, USDT TRC20, plus credit cards and local bank transfers. Minimum deposit is $25. Withdrawals are processed within 1-2 business days for e-wallets and USDT, but bank transfers may take longer. Exness supports the same local methods: Bank Transfer, Skrill, Neteller, and USDT TRC20, with a lower minimum deposit of $10. Exness offers instant deposits for USDT TRC20 and e-wallets, and withdrawals are typically processed within minutes to a few hours. Both brokers do not charge deposit fees, but withdrawal charges may apply. For Paraguay traders using USDT TRC20, Exness provides faster, low-cost transactions.
| Islamic Account Feature | EasyMarkets | Exness |
|---|---|---|
| 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 EasyMarkets and Exness offer swap-free (Islamic) accounts that comply with Sharia law. EasyMarkets provides Islamic accounts automatically upon request, with no swap charges on any instruments. Exness offers swap-free accounts but only for clients residing in certain countries; Paraguay may be eligible, but you must confirm with support. Exness may require a declaration of faith and apply swap-free status only to specific account types. EasyMarkets is more inclusive for Paraguay Muslims as it grants Islamic accounts without restrictions, though both are viable options.
| Support Feature | EasyMarkets | Exness | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✓ | Exness |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support is vital for Paraguay traders who may need Spanish assistance. EasyMarkets offers 24/5 live chat, email, and phone support in Spanish, with response times under 30 seconds for chat. Exness provides 24/7 multilingual support including Spanish via live chat, email, and phone, with similarly fast responses. Exness’s 24/7 availability is advantageous for traders outside traditional hours. Both brokers have extensive FAQ sections in Spanish.
| Mobile Feature | EasyMarkets | Exness | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | Exness | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Exness if you...
For Paraguay traders, Exness is the superior choice due to its higher overall trust rating (4.8/5), tighter spreads, faster execution, and better support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. It offers lower costs for active traders and more flexibility in leverage. EasyMarkets remains a solid alternative for beginners or those who prefer fixed costs and an Islamic account without conditions. However, given the local financial regulator’s minimal oversight, Exness’s strong international regulation and liquidity provide greater security. If you trade with volume or efficiency in mind, Exness is the clear winner for Paraguayans.