Which broker is better for Paraguay traders in 2026? Expert analysis across 12 categories.
For Paraguay traders seeking a reliable forex broker, EasyMarkets and Libertex are two established names, each with distinct advantages. EasyMarkets, founded in 2001, is known for its fixed spreads, guaranteed stop-loss, and negative balance protection—features that appeal to risk-averse traders. Libertex, founded in 1997, offers a modern trading platform, competitive variable spreads, and a wider range of instruments including crypto CFDs. Both brokers welcome Paraguay clients and support local payment methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20. With Paraguay’s growing retail trading community, choosing between these two depends on your trading style, cost sensitivity, and need for specific features. This comparison breaks down trading costs, platform usability, regulation, and local payment options to help you decide.
| Instrument | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $10 | Libertex |
When comparing trading costs for Paraguay traders, Libertex holds an edge for high-volume traders. On EUR/USD, Libertex’s average spread is 0.9 pips variable, while EasyMarkets fixes its spread at 1.2 pips. For a standard lot trade, Libertex’s cost is roughly $9 per round turn, versus $12 for EasyMarkets. However, EasyMarkets’ fixed spreads eliminate slippage surprises, which can be valuable in volatile markets. Libertex also offers raw spread accounts from 0.2 pips with a $7 commission per lot, making it cheaper for scalpers. Paraguay traders should consider their trading volume and risk preference—Libertex is better for active, cost-sensitive traders, while EasyMarkets suits those who prefer transparency and fixed costs.
| Account Type | EasyMarkets | Libertex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $10 |
| Entity / Asset | EasyMarkets | Libertex |
|---|---|---|
| Paraguay (offshore) | Up to 1:2000 | Up to 1:999 |
| Forex major pairs | 1:2000 | 1:999 |
| 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 | Libertex | 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 | ✗ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
| Platform | EasyMarkets | Libertex |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Paraguay traders can trade via MetaTrader 4 and proprietary platforms. EasyMarkets’ proprietary web and mobile platforms are intuitive, with a deal cancellation feature (free for 6 hours) and built-in risk management tools. Libertex uses its own platform which is faster and offers one-click trading, plus MT4 compatibility. For Paraguay traders on mobile, Libertex’s app is more responsive, but EasyMarkets provides a simpler interface for beginners. Both platforms support charting and indicators, but Libertex’s advanced order types appeal to experienced traders. If you prefer the flexibility of MT4 for Expert Advisors, Libertex is the better choice; EasyMarkets’ proprietary platform is excellent for manual traders.
| Factor | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Libertex |
| 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 |
Libertex uses a market execution model with no requotes, offering average execution speed under 50ms. EasyMarkets also provides market execution but has a slower average of 100ms due to its fixed spread system. During high volatility, Libertex maintains faster fills, while EasyMarkets’ guaranteed stop-loss orders add execution reliability but with slightly wider spreads. Paraguay traders who prioritize speed (e.g., scalpers) will prefer Libertex; those who need guaranteed stops may accept EasyMarkets’ slower execution.
| Safety Factor | EasyMarkets | Libertex |
|---|---|---|
| Primary regulator | CySEC | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC (Client Money Protection) and ASIC, offering negative balance protection—a key safety net. Libertex is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK. Both brokers comply with EU leverage caps (30:1 for retail) but apply higher leverage to Paraguay traders (up to 1:500) when using offshore entities. The local financial regulator in Paraguay does not directly supervise these brokers, but both maintain investor compensation funds (ICF) up to €20,000. Paraguay traders should verify the specific entity they open an account with to ensure deposit protection. Overall, Libertex’s FCA license provides an extra layer of credibility.
| Payment Method | EasyMarkets | Libertex |
|---|---|---|
| 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) | 5 business days |
Paraguay traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20. EasyMarkets requires a minimum deposit of $25 for USDT TRC20 and $100 for other methods, with no deposit fees. Withdrawals are processed within 24 hours via Skrill/Neteller and 1-3 days for bank transfers. Libertex sets a minimum deposit of $50 across all methods, including USDT TRC20, and charges no fees for deposits. Withdrawals at Libertex take 1-2 business days for e-wallets and up to 5 days for bank transfers. Both brokers support withdrawal to the same payment method used for deposit. For Paraguay traders, USDT TRC20 is the fastest and most cost-effective option, with near-instant processing at both brokers.
| Islamic Account Feature | EasyMarkets | Libertex |
|---|---|---|
| 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 EasyMarkets and Libertex offer Islamic (swap-free) accounts for Paraguay Muslim traders. EasyMarkets provides swap-free accounts automatically for clients in Muslim-majority regions, but Paraguay residents must request it via customer support; approval is typically granted within 24 hours. Libertex also offers Islamic accounts upon request, with strict adherence to Sharia law—no interest charged on overnight positions in forex, metals, and indices. Both brokers do not impose additional fees for swap-free accounts, but positions held beyond a certain period may incur administrative charges. Paraguay traders should confirm terms directly, as both brokers reserve the right to revoke swap-free status if used for hedging rather than genuine belief.
| Support Feature | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets offers customer support in Spanish (key for Paraguay) via live chat, email, and phone, available 24/7 for urgent queries. Libertex also provides Spanish support through live chat and email, but phone support is limited to business hours (CET). Both have knowledge bases. EasyMarkets’ live chat response time is under 1 minute, while Libertex’s average is 2-3 minutes. For Paraguay traders, EasyMarkets’ 24/7 availability can be advantageous given time zone differences, but Libertex’s email support is thorough.
| Mobile Feature | EasyMarkets | Libertex | 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 | Libertex | 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 Libertex if you...
For Paraguay traders, the choice between EasyMarkets and Libertex ultimately depends on your trading style and priorities. Libertex wins on cost efficiency, platform speed, and advanced tools, making it ideal for active traders and scalpers. EasyMarkets excels in user-friendliness, fixed costs, and risk management features like guaranteed stop-loss. Both support local payment methods—Bank Transfer, Skrill, Neteller, and USDT TRC20—with Libertex offering a slightly higher minimum deposit ($50 vs $25). Regulation-wise, Libertex’s FCA license adds trust, while EasyMarkets offers negative balance protection. With the local financial regulator not directly overseeing either, pick Libertex for better overall value or EasyMarkets for peace of mind. Test both with small deposits to see which aligns with your Paraguay trading needs.