FBS vs FxPro: Which Broker is Better for Paraguay Traders in 2026?
Which broker is better for Paraguay traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Paraguay Traders
For Paraguay traders looking for a reliable forex broker in 2025, FBS and FxPro are two popular choices, but they cater to different needs. FBS, with a score of 3.7/5, is known for its low minimum deposit ($10) and user-friendly platforms, making it ideal for beginners in Paraguay. FxPro, scoring 4.1/5, offers tighter spreads, advanced trading tools, and a stronger regulatory framework, appealing to experienced traders. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, ensuring convenient deposits and withdrawals for Paraguayans. However, neither is regulated by the local financial regulator in Paraguay, so traders should consider the international licenses each holds. This comparison will help you decide which broker aligns with your trading style, budget, and goals in Paraguay’s growing forex market.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | FBS | 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 | $5 | $100 | FxPro |
When comparing trading costs for Paraguay traders, FxPro typically offers lower spreads on major forex pairs, starting from 0.6 pips on EUR/USD with its Raw account, while FBS starts from 0.7 pips. For a Paraguay trader executing standard lot trades, the difference in spreads can result in savings of $10-$20 per 100 lots traded. FxPro also has no hidden fees on deposits via USDT TRC20 or Skrill, whereas FBS may charge small fees for certain withdrawal methods. Overall, FxPro is more cost-effective for active traders in Paraguay.
Account Types Comparison
| Account Type | FBS | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
Leverage Comparison - Paraguay Traders
| Entity / Asset | FBS | FxPro |
|---|---|---|
| Paraguay (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 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 |
Trading Instruments - Assets Available
| Asset Class | FBS | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | 20+ | FBS |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
Platforms Comparison
| Platform | FBS | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, which are popular among Paraguay traders for their advanced charting and automated trading capabilities. FxPro also provides cTrader, a platform known for faster execution and depth of market, which is beneficial for scalpers in Paraguay. FBS offers its own web-based platform for beginners, but lacks cTrader. For Paraguay traders who prioritize speed and advanced features, FxPro’s platform suite is superior.
Execution Quality - Speed & Slippage
| Factor | FBS | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FxPro offers faster execution with an average speed of 13ms on its cTrader platform, ideal for scalpers in Paraguay. FBS has average execution speeds around 50ms, which may cause slippage during volatile markets. For Paraguay traders who rely on quick entries and exits, FxPro is the better choice.
Regulation & Safety for Paraguay Traders
| Safety Factor | FBS | FxPro |
|---|---|---|
| Primary regulator | IFSC | FCA |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither FBS nor FxPro is regulated by the local financial regulator in Paraguay. FxPro is regulated by the FCA (UK), CySEC (Cyprus), and FSCA (South Africa), offering strong investor protection and negative balance protection. FBS is regulated by the IFSC (Belize) and CySEC, which provides less robust protection. For Paraguay traders, FxPro’s stricter regulation means higher trust and security, especially for larger accounts.
Deposits & Withdrawals for Paraguay
| Payment Method | FBS | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days. | 1 business day |
Paraguay traders can fund their accounts at both brokers using Bank Transfer, Skrill, Neteller, and USDT TRC20. FBS has a lower minimum deposit of $10, making it accessible for beginners, while FxPro requires $100. Deposits via USDT TRC20 are instant and fee-free at both brokers, ideal for crypto-savvy Paraguayans. Bank Transfers take 1-3 business days and may incur intermediary fees. Withdrawals are processed within 24 hours for e-wallets and USDT, but Bank Transfers may take longer. FxPro does not charge withdrawal fees, while FBS may charge a small fee for certain methods. Both brokers support Paraguay’s local currency indirectly through USD accounts.
Islamic Accounts - Swap-Free for Paraguay Muslims
| Islamic Account Feature | FBS | 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 FBS and FxPro offer Islamic (swap-free) accounts for Muslim traders in Paraguay. FBS provides Islamic accounts upon request with no swap fees on overnight positions, while FxPro automatically offers them for eligible clients. FxPro’s Islamic accounts have no restrictions on trading styles, whereas FBS may limit certain instruments. For Paraguay Muslim traders, both options are viable, but FxPro’s automatic provision is more convenient.
Customer Support Comparison
| Support Feature | FBS | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
FxPro offers 24/5 multilingual customer support via live chat, email, and phone, with Spanish-speaking agents available, which is beneficial for Paraguay traders. FBS provides 24/7 support but response times can be slower. FxPro’s support is more reliable for Paraguay traders needing assistance in Spanish or English.
Mobile App Comparison
| Mobile Feature | FBS | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FBS |
| Google Play rating | 4.3 stars | 4.2 stars | FBS |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
Education & Research Tools
| Resource | FBS | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
FBS
FxPro
Who Should Use Which Broker? - Paraguay Guide
Choose FBS if you...
- Are a beginner trader in Paraguay with a small starting capital (minimum $10 deposit).
- Prefer simple platforms and educational resources to learn trading.
- Want to use USDT TRC20 or Skrill for instant deposits without high minimums.
- Are comfortable with lighter regulation (IFSC) for lower trading costs.
Choose FxPro if you...
- Are an experienced trader in Paraguay seeking tighter spreads and faster execution.
- Value strong regulation (FCA, CySEC) for fund security and negative balance protection.
- Need advanced platforms like cTrader for scalping or algorithmic trading.
- Prefer fee-free withdrawals via Bank Transfer, Skrill, Neteller, or USDT TRC20.
FAQ - FBS vs FxPro in Paraguay
Final Verdict - Paraguay 2026
For Paraguay traders, FxPro (4.1/5) is the overall better choice due to its tighter spreads, faster execution, and stronger regulation, making it suitable for active and experienced traders. FBS (3.7/5) is a solid alternative for beginners with low capital, thanks to its $10 minimum deposit and simple platforms. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, ensuring convenient transactions. However, neither is regulated by the local financial regulator in Paraguay, so traders should prioritize FxPro’s FCA oversight for added security. If you’re a Paraguay trader looking to minimize costs and maximize trust, FxPro is the recommended broker for 2025.