Which broker is better for Paraguay traders in 2026? Expert analysis across 12 categories.
For Paraguay traders looking to enter the forex market in 2026, choosing between Exness and Tickmill is a critical decision. Both brokers are well-established globally and accept Paraguay clients, but they differ significantly in features, costs, and local suitability. Exness, with a 4.8/5 rating, is known for its ultra-low minimum deposit ($10), extensive payment options including USDT TRC20 and Skrill, and high leverage up to 1:2000. Tickmill, scoring 4/5, offers tight spreads from 0.0 pips on Raw accounts and strong regulation under FCA and CySEC. Paraguay traders often prefer Exness for its ease of deposit via Bank Transfer or Neteller, while Tickmill appeals to those seeking low-cost trading with a more traditional broker structure. Both brokers are accessible and legal, but your choice depends on your trading volume, preferred payment method, and need for Islamic accounts. This comparison will help you decide which broker aligns with your trading goals in Paraguay.
| Instrument | Exness | Tickmill | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Tickmill |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Tickmill |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Tickmill |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Tickmill |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $10 | $100 | Exness |
| Inactivity fee | β | β | Tie |
When comparing trading costs for Paraguay traders, Exness offers spreads from 0.3 pips on Standard accounts with no commission, making it cost-effective for small retail traders. Tickmill, however, provides spreads from 0.0 pips on Raw accounts but charges a commission of $3 per lot per side. For Paraguay traders trading less than 10 lots per month, Exness is cheaper due to zero commission. For high-frequency traders, Tickmillβs raw spreads can reduce overall costs. Both brokers have no hidden fees, but Exnessβs flexible leverage can amplify cost efficiency for local traders. Volume impact: Exness is better for low-volume, Tickmill for high-volume Paraguay traders.
| Account Type | Exness | Tickmill |
|---|---|---|
| Standard account | β | β |
| ECN / Raw spread | β | β |
| Islamic (swap-free) | β | β |
| Demo account | β | β |
| PAMM / MAM account | β | β |
| Zero spread account | β | β |
| Copy trading | β | β |
| VPS trading | β | β |
| Min deposit | $10 | $100 |
| Neg. balance protection | β | β |
| Entity / Asset | Exness | Tickmill |
|---|---|---|
| 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 |
| Margin call level | 80% | 80% |
| Stop out level | 50% | 50% |
| Asset Class | Exness | Tickmill | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Exness |
| Gold (XAU/USD) | β | β | Tie |
| Oil (WTI/Brent) | β | β | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | β | Exness |
| Stocks / Share CFDs | β | β | Tickmill |
| ETFs | β | β | Tie |
| Options | β | β | Tie |
| Futures | β | β | Tie |
| Platform | Exness | Tickmill |
|---|---|---|
| MetaTrader 4 (MT4) | β | β |
| MetaTrader 5 (MT5) | β | β |
| cTrader | β | β |
| TradingView | β | β |
| Expert Advisors (EAs) | β | β |
| Scalping allowed | β | β |
| Hedging allowed | β | β |
| Fixed spreads | β | β |
| Variable spreads | β | β |
Both Exness and Tickmill offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are the most popular platforms for Paraguay traders due to their reliability and advanced charting tools. Exness also provides its own WebTerminal and mobile apps with one-click trading, ideal for Paraguayans on the go. Tickmill adds a proprietary Tickmill Trader platform with social trading features, but itβs less used locally. For Paraguay traders, Exnessβs platform support for local languages and 24/7 access is a plus, while Tickmillβs platforms are stable but less tailored. Both are excellent, but Exness edges ahead with more platform options.
| Factor | Exness | Tickmill | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Tickmill |
| Avg execution speed | ~30ms | ~40ms | Exness |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Dealing desk | β | β | Tie |
| Scalping allowed | β | β | Tie |
| News trading | β | β | Tie |
| EA / Bot trading | β | β | Tie |
Exness uses a hybrid execution model with no requotes on most accounts, offering average execution speeds under 100ms. Tickmill provides straight-through processing (STP) execution with speeds under 40ms, ideal for scalpers. For Paraguay traders, Tickmillβs faster execution is better for high-frequency strategies, while Exnessβs stability suits swing traders. Both are reliable, but Tickmill edges ahead in speed.
| Safety Factor | Exness | Tickmill |
|---|---|---|
| Primary regulator | FCA | FCA |
| Reg number | #730729 | #717270 |
| Verify registration | Verify β | Verify β |
| Top-tier regulated | β | β |
| Investor protection | β | β |
| Segregated funds | β | β |
| Neg. balance protection | β | β |
Exness is regulated by the FCA (UK), CySEC (Cyprus), and FSA (Seychelles), while Tickmill is regulated by the FCA, CySEC, and Labuan FSA (Malaysia). Neither broker is directly regulated by Paraguayβs local financial regulator, but both comply with international standards that protect Paraguay traders through segregated accounts and negative balance protection. Exnessβs multi-regulatory framework offers additional security for large deposits, while Tickmillβs FCA regulation is highly respected. Paraguay traders can trust both brokers, but Exnessβs higher score reflects stronger client fund safety measures.
| Payment Method | Exness | Tickmill |
|---|---|---|
| Bank Wire Transfer | β | β |
| Visa / Mastercard | β | β |
| Skrill | β | β |
| Neteller | β | β |
| USDT / Crypto | β | β |
| Deposit fee | None | None |
| Withdrawal time | 24/7 automated; 98% instant to 24hrs; mobile money often instant; bank transfer 1-3 days | Most withdrawals 1 business day; bank wire 1-3 days |
| Min withdrawal | $50 | $50 |
Paraguay traders can fund their accounts at Exness and Tickmill using Bank Transfer, Skrill, Neteller, and USDT TRC20. Exness supports local bank transfers with no fees and processes USDT TRC20 deposits within minutes, making it ideal for fast funding. Tickmill also accepts these methods but may take 1-2 business days for Bank Transfer and has a higher minimum deposit of $100 compared to Exnessβs $10. Withdrawals are free at both brokers, but Exness offers instant withdrawals for e-wallets like Skrill and Neteller, while Tickmill processes within 24 hours. For Paraguay traders using crypto, Exnessβs USDT TRC20 support is faster and more efficient. Overall, Exness provides more flexible and faster deposit/withdrawal options for Paraguay.
| Islamic Account Feature | Exness | Tickmill |
|---|---|---|
| Swap-free available | β | β |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | β | β |
| Gold swap-free | β | β |
| Crypto swap-free | β | β |
| How to apply | Contact support | Contact support |
Both Exness and Tickmill offer Islamic (swap-free) accounts for Paraguay Muslim traders who require Sharia-compliant trading. Exness provides Islamic accounts on Standard, Raw, and Zero accounts with no swap charges on overnight positions, and they are available upon request. Tickmill offers Islamic accounts on Standard and Raw accounts but requires a manual request and approval. Exnessβs process is faster and more transparent, with no extra fees, while Tickmill may have a waiting period. For Paraguay traders seeking Islamic accounts, Exness is the better choice due to its broader availability and quicker setup.
| Support Feature | Exness | Tickmill | Winner |
|---|---|---|---|
| Live chat | β | β | Tie |
| Phone support | β | β | Tie |
| Email support | β | β | Tie |
| 24/7 support | β | β | Exness |
| 24/5 support | β | β | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Exness |
Exness offers 24/7 multilingual customer support via live chat, email, and phone, with Spanish language support available for Paraguay traders. Tickmill provides support 24/5 via live chat and email, with Spanish support during business hours. Exnessβs round-the-clock support is a clear advantage for Paraguay traders who trade outside standard hours, ensuring faster issue resolution.
| Mobile Feature | Exness | Tickmill | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5β | 4.3β | Exness |
| Google Play rating | 4.3β | 4.2β | Exness |
| Biometric login | β | β | Tie |
| Push notifications | β | β | Tie |
| Full charting on mobile | β | β | Tie |
| Mobile deposit/withdrawal | β | β | Tie |
| TradingView mobile | β | β | Tie |
| Dark mode | β | β | Tie |
| Resource | Exness | Tickmill | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Exness |
| Webinars (live) | β | β | Tie |
| Economic calendar | β | β | Tie |
| Market analysis | Daily | Basic | Exness |
| Beginner resources | Excellent | Basic | Exness |
Choose Exness if you...
Choose Tickmill if you...
For Paraguay traders in 2026, Exness is the superior choice overall, earning a 4.8/5 rating due to its lower minimum deposit, faster deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20, and better Islamic account options. Tickmill, with a 4/5 rating, is a strong alternative for high-volume traders who prioritize tight spreads and fast execution. Both brokers are legal and safe under international regulation, but Exness offers more local-friendly features for Paraguay retail traders. If you value flexibility and low entry barriers, go with Exness; if you trade large volumes and want the cheapest raw spreads, Tickmill is your pick. Consider your trading style and payment preferences to make the best choice.