Which broker is better for Paraguay traders in 2026? Expert analysis across 12 categories.
For Paraguay traders looking to trade forex and CFDs, choosing between FP Markets and FxPro is a key decision. Both brokers are well-established and accept clients from Paraguay, but they differ significantly in cost, platforms, and deposit methods. FP Markets scores 4.7/5 overall, offering ultra-low spreads, fast execution, and support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. FxPro scores 4.1/5, providing a strong multi-asset platform and solid regulation, but with higher trading costs. Paraguay traders, especially retail ones, will benefit from understanding these differences to optimize their trading experience. This comparison focuses on what matters most for Paraguay: costs, local payment support, and regulatory considerations.
| Instrument | FP Markets | 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 | $100 | $100 | Tie |
When comparing trading costs for Paraguay traders, FP Markets clearly leads. Its Raw ECN account offers spreads from 0.0 pips on EUR/USD with a small commission, while FxPro's standard account spreads start at 0.6 pips. For a Paraguay trader executing 10 standard lots per month, FP Markets can save hundreds of dollars annually. FxPro's costs are higher, but its fixed spread accounts offer predictability. Overall, FP Markets is more cost-effective for active Paraguay traders.
| Account Type | FP Markets | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $100 |
| Entity / Asset | FP Markets | FxPro |
|---|---|---|
| Paraguay (offshore) | Up to 1:500 | Up to 1:500 |
| Forex major pairs | 1:500 | 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 | FP Markets | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FP Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FP Markets |
| Crypto CFDs | 30+ | 20+ | FP Markets |
| Stocks / Share CFDs | 1,000+ | 1,700+ | FxPro |
| ETFs | ✓ | ✗ | Tie |
| Platform | FP Markets | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer popular platforms suitable for Paraguay traders. FP Markets provides MetaTrader 4, MetaTrader 5, and cTrader, all available on desktop, web, and mobile. FxPro offers MT4, MT5, and its own proprietary platform, plus cTrader. For Paraguay traders, MT4 remains the most widely used due to its custom indicators and EA support. FP Markets' multi-platform choice gives more flexibility, especially for traders preferring cTrader's advanced charting.
| Factor | FP Markets | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | FP Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FP Markets offers ECN execution with no dealing desk intervention, resulting in fast order fills and low slippage. FxPro uses STP/ECN execution, also with no requotes. For Paraguay traders, FP Markets' execution speed is slightly better, especially during news events. Both brokers offer good execution quality, but FP Markets is preferred for scalpers and high-frequency traders.
| Safety Factor | FP Markets | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FP Markets is regulated by ASIC (Australia) and CySEC (Cyprus), while FxPro is regulated by the FCA (UK), CySEC, and FSCA (South Africa). For Paraguay traders, none of these regulators have direct authority locally, but FCA and ASIC are considered tier-1 regulators with strong client protection. FxPro's FCA regulation offers negative balance protection, which is beneficial. Both brokers are safe choices for Paraguay traders, but FxPro's regulatory mix may provide extra reassurance.
| Payment Method | FP Markets | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours | 1 business day |
Paraguay traders can deposit and withdraw using Bank Transfer, Skrill, Neteller, and USDT TRC20 with both brokers. FP Markets also supports credit/debit cards, while FxPro offers additional e-wallets like PayPal and Trustly. USDT TRC20 is especially useful for Paraguay traders who want instant, low-cost transfers without bank delays. Minimum deposits are low: FP Markets starts at $100, FxPro at $100. Withdrawals are processed quickly, typically within 1-2 business days for e-wallets.
| Islamic Account Feature | FP Markets | 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 FP Markets and FxPro offer Islamic accounts for Paraguay Muslim traders. FP Markets provides swap-free accounts on all account types (Standard, Raw, and Islamic) without additional fees. FxPro offers Islamic accounts on MT4, MT5, and cTrader, but may charge a small admin fee after a holding period. Paraguay traders should confirm terms with support before opening an Islamic account.
| Support Feature | FP Markets | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FP Markets |
FP Markets offers 24/5 multilingual customer support via live chat, email, and phone, with quick response times. FxPro provides 24/5 support in multiple languages including Spanish, which is beneficial for Paraguay traders. Both brokers have comprehensive FAQ sections. FP Markets edges ahead with faster live chat response, but FxPro's Spanish support is a plus for Paraguay traders.
| Mobile Feature | FP Markets | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FP Markets |
| Google Play rating | 4.3 stars | 4.2 stars | FP Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | FP Markets |
| Resource | FP Markets | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FP Markets |
Choose FP Markets if you...
Choose FxPro if you...
For Paraguay traders, FP Markets is the overall winner with a 4.7/5 score, offering lower spreads, more platform choices, and better support for local payment methods like USDT TRC20. FxPro (4.1/5) is a solid alternative, especially for those prioritizing FCA regulation and a wider asset range. Both brokers accept Paraguay clients and support Bank Transfer, Skrill, Neteller, and USDT TRC20. Given Paraguay's local financial regulator oversight, FP Markets provides better value for cost-conscious retail traders. We recommend FP Markets for most Paraguay traders, but FxPro remains a reputable choice.