Which broker is better for Paraguay traders in 2026? Expert analysis across 12 categories.
For Paraguay traders looking to enter the forex market, choosing the right broker is crucial. EasyMarkets and FxPro are two well-known international brokers that accept clients from Paraguay. EasyMarkets has a user-friendly platform and fixed spreads, making it easier for beginners to manage costs. FxPro, on the other hand, offers a wider range of instruments, tighter variable spreads, and advanced trading tools. Paraguay traders often face challenges like limited local banking options and currency conversion fees. Both brokers support popular payment methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20, which are widely used in Paraguay. While EasyMarkets scores 3.4/5, FxPro leads with 4.1/5, reflecting its stronger offering for retail traders. This comparison will help Paraguay traders decide which broker aligns best with their trading style and local needs.
| Instrument | EasyMarkets | 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 | $25 | $100 | FxPro |
For Paraguay traders, trading costs directly affect profitability. EasyMarkets charges fixed spreads, which are typically higher than variable spreads but provide certainty. For example, EUR/USD spreads start at 1.2 pips on EasyMarkets. FxPro offers variable spreads from 0.0 pips on its cTrader platform for major pairs, but average spreads are around 0.5 pips. For a Paraguay trader executing 10 standard lots per month, the difference in spreads could save $500-$1000 annually with FxPro. Both brokers charge no commission on standard accounts, but FxPro’s raw spreads are more competitive for active traders. Paraguay traders should consider their trading volume and risk tolerance when choosing between fixed and variable spreads.
| Account Type | EasyMarkets | FxPro |
|---|---|---|
| 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 | FxPro |
|---|---|---|
| Paraguay (offshore) | Up to 1:2000 | Up to 1:500 |
| Forex major pairs | 1:2000 | 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 | EasyMarkets | FxPro | 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 | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets provides its proprietary web platform and mobile app, which are intuitive and designed for retail traders. It includes features like deal cancellation and guaranteed stops, which can be useful for Paraguay traders new to forex. FxPro offers MetaTrader 4, MetaTrader 5, cTrader, and its own FxPro App. This variety gives Paraguay traders flexibility to use advanced charting tools, automated trading, and custom indicators. For traders in Paraguay who prefer algorithmic trading or need access to a wide range of indicators, FxPro’s platform ecosystem is superior. EasyMarkets’ platform is simpler but lacks advanced features like ECN order books and built-in copy trading.
| Factor | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| 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 |
FxPro offers ultra-fast execution with low latency through its ECN/STP model, making it ideal for Paraguay traders using scalping or news trading strategies. EasyMarkets uses a market maker model with guaranteed stop losses, which can prevent slippage but may lead to requotes during volatile periods. FxPro’s execution is superior for high-frequency trading, while EasyMarkets prioritizes execution certainty over speed.
| Safety Factor | EasyMarkets | FxPro |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA) in South Africa. FxPro holds licenses from the UK Financial Conduct Authority (FCA), CySEC, and other reputable bodies. Neither broker is regulated by a local Paraguay financial regulator, meaning Paraguay traders rely on offshore regulatory protection. However, both brokers adhere to strict client fund segregation and negative balance protection policies. For Paraguay traders, FxPro’s FCA regulation offers a higher tier of oversight, while EasyMarkets’ CySEC license ensures compliance with EU standards. Traders should verify each broker’s regulatory status and consider compensation schemes in case of broker insolvency.
| Payment Method | EasyMarkets | FxPro |
|---|---|---|
| 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) | 1 business day |
Paraguay traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 with both brokers. EasyMarkets processes deposits instantly for e-wallets and USDT TRC20, while bank transfers take 1-3 business days. Minimum deposit is $100 for EasyMarkets and $100 for FxPro. Withdrawals are processed within 24 hours for e-wallets and USDT, but bank transfers may take 2-5 business days. FxPro does not charge withdrawal fees, while EasyMarkets may impose fees on certain methods. USDT TRC20 is particularly attractive for Paraguay traders due to low transaction costs and speed, avoiding bank conversion delays. Both brokers allow withdrawals to the same method used for deposit when possible. Paraguay traders should always verify applicable fees and processing times for their chosen method.
| Islamic Account Feature | EasyMarkets | 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 |
Both brokers offer Islamic (swap-free) accounts for Paraguay traders who follow Sharia law. EasyMarkets provides swap-free accounts automatically upon account opening for any client who declares their religious beliefs. FxPro requires a formal request and proof of Islamic faith, such as a certificate from a mosque or an ID showing Muslim name. In both cases, swap charges are waived on overnight positions, but some brokers may apply a small administrative fee after a holding period. EasyMarkets has no extra fees for Islamic accounts, while FxPro may charge a commission equivalent to swap after 5 days. Paraguay Muslim traders should confirm the terms before opening an account.
| Support Feature | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets offers 24/5 customer support via live chat, email, and phone. FxPro provides 24/5 support with live chat, email, and phone, available in multiple languages including Spanish, which is helpful for Paraguay traders. Both brokers have responsive support teams, but FxPro’s support is generally rated higher for quick resolution. EasyMarkets has a knowledge base but lacks advanced troubleshooting. For Paraguay traders, Spanish-speaking support is a key advantage offered by both.
| Mobile Feature | EasyMarkets | FxPro | 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 | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose FxPro if you...
For Paraguay traders, FxPro is the stronger choice overall with a 4.1/5 score compared to EasyMarkets’ 3.4/5. FxPro offers better trading costs, a wider range of platforms, and superior execution, making it suitable for active and experienced traders. EasyMarkets is still a viable option for those who prioritize simplicity and fixed costs. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, which are essential for Paraguay traders. However, since neither is regulated by a local Paraguay financial regulator, traders should consider the level of offshore protection. FxPro’s FCA regulation provides an extra layer of security. Ultimately, Paraguay retail traders who want a competitive edge should choose FxPro, while beginners may find EasyMarkets’ fixed structure easier to manage.