Which broker is better for Paraguay traders in 2026? Expert analysis across 12 categories.
Choosing the right forex broker is a critical decision for Paraguay traders, especially in a market where local access to global financial instruments is growing rapidly. Exness and FXTM are two of the most popular international brokers serving Paraguay, each with distinct strengths. Exness, rated 4.8/5, is known for its ultra-low spreads, high leverage, and flexible payment options including Bank Transfer, Skrill, Neteller, and USDT TRC20. FXTM, with a 4.3/5 score, offers a robust educational platform and a regulated trading environment. Both brokers accept Paraguay clients and support USD accounts, making them ideal for retail traders. This comparison focuses on what matters most to Paraguay traders: deposit methods, spreads, regulation by the local financial regulator, and overall trading experience. Whether you are a beginner or an experienced trader, this guide will help you decide which broker aligns with your goals in Paraguay's evolving forex landscape.
| Instrument | Exness | FXTM | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FXTM |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FXTM |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FXTM |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FXTM |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $200 | Exness |
For Paraguay traders, trading costs are a major factor, especially when dealing with USD accounts. Exness offers raw spreads from 0.0 pips on its Zero account, with a commission of $3.50 per lot round turn. FXTM's standard account has spreads starting from 1.0 pips with no commission, while its ECN account offers spreads from 0.1 pips but with a $2.50 commission. Over 100 trades per month, Exness can save Paraguay traders up to $50–$100 compared to FXTM, depending on the account type. For high-volume scalpers, Exness's lower cost structure is clearly more favorable.
| Account Type | Exness | FXTM |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✓ |
| Min deposit | $100 | $200 |
| Entity / Asset | Exness | FXTM |
|---|---|---|
| Paraguay (offshore) | Up to 1:2000 | Up to 1:3000 |
| Forex major pairs | 1:2000 | 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 |
| Asset Class | Exness | FXTM | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Exness |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | ✗ | Exness |
| Stocks / Share CFDs | ✗ | ✗ | FXTM |
| ETFs | ✗ | ✗ | Tie |
| Platform | Exness | FXTM |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both Exness and FXTM offer MetaTrader 4 and MetaTrader 5, which are the industry standards and widely used by Paraguay traders. Exness also provides its proprietary Exness Terminal, a web-based platform with advanced charting. FXTM offers FXTM Trader, a mobile app optimized for on-the-go trading. For Paraguay traders who need reliable mobile access due to varying internet speeds, both platforms perform well, but Exness's web terminal is lighter and faster on slower connections.
| Factor | Exness | FXTM | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FXTM |
| Avg execution speed | ~30ms | ~40ms | Exness |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Exness is known for its fast execution speeds, averaging under 100ms on its ECN infrastructure, with no requotes. FXTM also offers reliable execution but can experience slippage during volatile markets. For Paraguay traders who scalp or trade news events, Exness's superior execution quality reduces the risk of slippage and ensures orders are filled at desired prices.
| Safety Factor | Exness | FXTM |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Exness is regulated by multiple top-tier authorities including the FCA (UK) and CySEC, while FXTM is regulated by the FCA, CySEC, and FSC (Mauritius). For Paraguay traders, the local financial regulator does not directly oversee these brokers, but both comply with international standards that protect clients. Exness offers negative balance protection and segregated accounts, while FXTM provides similar safeguards. Paraguay traders should feel confident with either broker, but Exness's stronger regulatory track record and higher trust score give it an edge.
| Payment Method | Exness | FXTM |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✓ |
| Withdrawal time | crypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. |
Depositing and withdrawing funds is straightforward for Paraguay traders at both Exness and FXTM. Both brokers support Bank Transfer, Skrill, Neteller, and USDT TRC20 – all popular in Paraguay. Exness stands out with a minimum deposit of just $10 and instant withdrawals for e-wallets and crypto. FXTM requires a $50 minimum deposit and processes withdrawals within 24 hours for e-wallets. For Paraguay traders using USDT TRC20, both brokers offer fast and low-cost transactions. Bank transfers may take 2–5 business days. Overall, Exness offers more flexibility with lower entry barriers.
| Islamic Account Feature | Exness | FXTM |
|---|---|---|
| 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 Exness and FXTM provide Islamic (swap-free) accounts for Paraguay Muslim traders who require Sharia-compliant trading. Exness offers swap-free accounts on request with no swap fees on overnight positions, subject to certain conditions. FXTM also offers Islamic accounts with similar terms. Paraguay traders should note that Islamic accounts may have limited trading instruments or holding periods. Contacting support is recommended to activate the feature.
| Support Feature | Exness | FXTM | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✓ | ✗ | Exness |
| Response time (chat) | <2 minutes | <3 minutes | Exness |
Exness offers 24/7 multilingual customer support via live chat, email, and phone, with Spanish support available for Paraguay traders. FXTM also provides 24/5 support in multiple languages, including Spanish. Exness's round-the-clock availability is a plus for Paraguay traders who may trade outside standard hours. Both brokers have responsive teams, but Exness's 24/7 coverage gives it a slight advantage.
| Mobile Feature | Exness | FXTM | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Exness |
| Google Play rating | 4.3 stars | 4.2 stars | Exness |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Exness | FXTM | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Exness |
Choose Exness if you...
Choose FXTM if you...
For Paraguay retail traders, Exness is the clear winner in this comparison. Its higher trust score (4.8/5), lower spreads, lower minimum deposit, and superior support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 make it the more practical choice. While FXTM is a solid broker with good regulation and educational resources, Exness offers better value for active traders in Paraguay. If you are a beginner, FXTM's educational tools may be appealing, but for cost-conscious traders who want to maximize returns, Exness is the recommended broker. Always check with the local financial regulator for any updates on offshore trading.