Which broker is better for Paraguay traders in 2026? Expert analysis across 12 categories.
Paraguay retail traders looking for a reliable forex broker often narrow their choices to Forex.com and Hantec Markets. Both brokers accept Paraguayan clients and support local payment methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20 – a crucial factor in a market where crypto‑based transfers are gaining popularity. Forex.com, a globally recognized brand with a 3.4/5 rating, offers a wide range of currency pairs and robust research tools. Hantec Markets, rated 3.6/5, appeals with its low minimum deposit, tight spreads, and flexible account types. While neither broker is regulated by Paraguay’s local financial regulator, they hold licenses from respected authorities like the FCA and FSA, providing a layer of safety for local traders. This comparison breaks down costs, platforms, regulations, and payment specifics to help you decide which broker aligns with your trading style in 2025.
| Instrument | Forex.com | Hantec Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Hantec Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Hantec Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Hantec Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Hantec Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $10 | Hantec Markets |
For Paraguay traders, trading costs are directly impacted by spreads and commissions. Forex.com charges spreads from 0.8 pips on EUR/USD for standard accounts, with no commission, while its RAW pricing account offers spreads from 0.0 pips plus a $7 per lot commission. Hantec Markets offers tighter spreads, starting at 0.2 pips on its ECN account with a $6 per lot commission, or 0.9 pips on standard accounts commission‑free. At higher volumes (e.g., 10 lots per month), Hantec Markets saves approximately $20–$30 in costs, making it more attractive for active Paraguay traders. Both brokers apply a small conversion fee for non‑USD deposits, so funding in USD is recommended to avoid extra charges.
| Account Type | Forex.com | Hantec Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✗ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $10 |
| Entity / Asset | Forex.com | Hantec Markets |
|---|---|---|
| Paraguay (offshore) | Up to 1:50 | Up to 1:500 |
| Forex major pairs | 1:50 | 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 | Forex.com | Hantec Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Forex.com |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Forex.com |
| Crypto CFDs | 30+ | ✗ | Forex.com |
| Stocks / Share CFDs | ✗ | 1,700+ | Hantec Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | Forex.com | Hantec Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Paraguay traders can access both brokers via MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry standard platforms. Forex.com also offers its proprietary Web Trader and mobile apps with advanced charting and risk management tools. Hantec Markets focuses solely on MT4 and MT5, which many local traders prefer for their automated trading capabilities and customizable indicators. For Paraguayans who rely on mobile trading due to limited desktop access, both brokers provide fully functional mobile apps. Hantec Markets’ platform‑only approach keeps the experience streamlined, while Forex.com’s additional proprietary tools may appeal to traders wanting more built‑in analysis features.
| Factor | Forex.com | Hantec Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Hantec Markets |
| Avg execution speed | ~30ms | ~40ms | Forex.com |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
Forex.com offers No Dealing Desk (NDD) execution with low latency and no requotes on most orders. Average execution speed is under 40 milliseconds. Hantec Markets uses STP/ECN execution with speeds around 50 milliseconds, ensuring consistent fills. For Paraguay traders, who may have variable internet connections, both brokers provide stable order execution. Hantec Markets’ ECN account may offer slightly better price transparency with direct market access, while Forex.com’s size ensures deep liquidity. Slippage is minimal on both platforms under normal market conditions.
| Safety Factor | Forex.com | Hantec Markets |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Forex.com is regulated by the FCA (UK), FSA (Japan), and CFTC (US), while Hantec Markets holds licenses from the FCA and FSA as well. Neither broker is directly supervised by Paraguay’s local financial regulator – the Central Bank of Paraguay (BCP) – but they adhere to stringent international standards. For Paraguay traders, this means client funds are segregated in top‑tier banks and negative balance protection is provided (subject to terms). The absence of direct local oversight is common among international brokers serving Paraguay, but the established licenses offer reliable security. Always verify the specific entity accepting clients from Paraguay to ensure proper protection.
| Payment Method | Forex.com | Hantec Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 to 3 business days | Crypto / USDT: 1 to 3 hours (for eligible wallets)E-wallets: Within hours up to 1 dayBank / Wire Transfers: 2 to 5 business days |
Funding your trading account in Paraguay is convenient with both brokers, as they accept Bank Transfer, Skrill, Neteller, and USDT TRC20. Forex.com has a minimum deposit of $100, while Hantec Markets allows as little as $50. Bank Transfers are free but may take 1‑3 business days; Skrill and Neteller are instant and incur a 1‑2% fee (varies by broker). USDT TRC20 transfers are particularly popular among Paraguay traders due to their speed (under 30 minutes) and low fees (typically under $1). Withdrawals follow the same methods: USDT TRC20 is fastest, with most requests processed within 24 hours. Forex.com may charge a small withdrawal fee for bank wires, while Hantec Markets generally covers the first withdrawal per month. Always check the latest fee schedules, as they can change.
| Islamic Account Feature | Forex.com | Hantec Markets |
|---|---|---|
| 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 Forex.com and Hantec Markets offer Islamic (swap‑free) accounts for Paraguay Muslim traders who wish to trade in accordance with Sharia law. These accounts eliminate overnight swap fees on forex positions. To open an Islamic account, traders must request it during registration and provide a declaration of faith or residency in a Muslim‑majority region. Forex.com’s Islamic account is available on standard account types, while Hantec Markets offers swap‑free on both standard and ECN accounts. Neither broker charges an administration fee for maintaining an Islamic account, though some restrictions on long‑term holding may apply to avoid abuse. Paraguay traders can trade all major pairs without interest exposure.
| Support Feature | Forex.com | Hantec Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Forex.com |
Customer support is available 24/5 for both brokers, with Forex.com offering phone, email, and live chat in English and Spanish – a plus for Spanish‑speaking Paraguay traders. Hantec Markets provides similar channels but mainly in English and Chinese, with limited Spanish support. Response times are generally under one hour for chat and 24 hours for email. Both brokers have comprehensive FAQ sections that cover account issues and deposit methods relevant to Paraguay. For urgent queries, Forex.com’s Spanish‑language support is more accessible.
| Mobile Feature | Forex.com | Hantec Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Forex.com |
| Google Play rating | 4.3 stars | 4.2 stars | Forex.com |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Forex.com | Hantec Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Forex.com |
Choose Forex.com if you...
Choose Hantec Markets if you...
For Paraguay retail traders in 2025, Hantec Markets (3.6/5) narrowly outperforms Forex.com (3.4/5) thanks to its lower spreads, lower minimum deposit, and cost‑effective ECN account. Both brokers facilitate local deposit methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, but Hantec Markets’ lower fees on these methods give it an edge. While neither is regulated by Paraguay’s local financial regulator, their FCA and FSA licenses provide robust protection. Forex.com remains a strong choice if you prioritise Spanish support and proprietary tools. Ultimately, Hantec Markets offers better value for most Paraguay traders aiming to minimise costs.