Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Paraguay
Data verified
Complete Head-to-Head Comparison · 2026

Fxtm Vs Libertex 2026: In-Depth Comparison For Paraguay Traders

Which broker is better for Paraguay traders in 2026? Expert analysis across 12 categories.

FXTM logo
FXTM
FCA · CySEC · FSCA · Founded 2011
Open Account
VS
Libertex logo
Libertex
CySEC · Founded 1997
Open Account
Winner: Libertex
Categories: 12 compared
For: Paraguay traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Paraguay Traders

Best Overall
Libertex
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
FXTM
Swap-free for Paraguay Muslims
Best for Beginners
Libertex
Better education & support
$50 vs $100
Min deposit
1:5000 vs 1:30
Max leverage
FCA vs CySEC
Top regulator
3.7 vs 3.8
Our scores
Table of Contents

Head-to-head comparison

Paraguay traders seeking a reliable forex broker face a choice between FXTM (ForexTime) and Libertex, two globally recognized platforms. FXTM, with a score of 4.3/5, is known for its comprehensive educational tools, tight spreads, and multi-asset trading options, appealing to both beginners and experienced traders in Paraguay. Libertex, scoring 3.7/5, offers a user-friendly interface and commission-free trading on certain instruments, making it attractive for casual traders. Both brokers support Paraguay traders with local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and operate under the oversight of the local financial regulator. This comparison evaluates their trading costs, platforms, regulation, deposit processes, Islamic account options, customer support, and execution quality to help you decide which broker aligns with your trading goals in Paraguay.

🏆

Overall Scores Comparison

FXTM logo
FXTM
FCA · CySEC · FSCA
3.7
CompareBroker score
VS
Libertex logo
Libertex
CySEC
3.8
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.8
3.9
WIN
Platforms
MT4, MT5, cTrader, TV
3.4
3.5
WIN
Regulation
Safety, oversight
4.0
WIN
3.3
Deposits
Local payments
3.8
3.9
WIN
Customer Support
24/5, chat, phone
3.5
3.6
WIN
Education
Webinars, guides
3.8
WIN
3.5
Execution
Speed, slippage
3.8
WIN
3.6
Mobile App
iOS, Android
3.7
3.8
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentFXTMLibertexWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotLibertex
XAU/USD (Gold)$0.14 typical$0.12 typicalLibertex
GBP/USD avg spread0.29 pips0.23 pipsLibertex
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsLibertex
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$50$100Libertex

When comparing trading costs for Paraguay traders, FXTM offers lower spreads, particularly on major forex pairs like EUR/USD, with spreads starting from 0.1 pips on its ECN accounts. Libertex has higher spreads but compensates with commission-free trading on some accounts. For Paraguay traders executing high-volume trades, FXTM's tighter spreads reduce overall costs significantly. Libertex's spreads are variable and can widen during volatile markets, making it less cost-effective for frequent traders. Both brokers have no deposit fees, but FXTM's lower spreads give it a clear advantage for cost-conscious Paraguay traders.

📂

Account Types Comparison

Account TypeFXTMLibertex
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✗
Demo account✓✓
PAMM / MAM account✓✗
Zero spread account✗✗
Copy trading✓✗
Min deposit$50$100
⚖️

Leverage Comparison - Paraguay Traders

Entity / AssetFXTMLibertex
Paraguay (offshore)Up to 1:5000Up to 1:30
Forex major pairs1:50001:30
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Paraguay Traders
Traders in Paraguay typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassFXTMLibertexWinner
Forex pairs90+65+FXTM
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesFXTM
Crypto CFDs✗20+FXTM
Stocks / Share CFDs✗✗Libertex
ETFs✗✓Tie
🖥️

Platforms Comparison

PlatformFXTMLibertex
MetaTrader 4 (MT4)✓✗
MetaTrader 5 (MT5)✓✗
cTrader✗✗
TradingView✗✗
Expert Advisors (EAs)✓✗
Scalping allowed✓✓
Hedging allowed✓✓

FXTM provides the powerful MetaTrader 4 and 5 platforms, which are industry standards for advanced charting, automated trading, and custom indicators—ideal for Paraguay traders who need robust analytical tools. Libertex offers its proprietary web and mobile platforms, which are simpler and more intuitive, perfect for beginners in Paraguay. FXTM also supports copy trading via its FXTM Invest feature, while Libertex has social trading options. For Paraguay traders prioritizing customization and advanced features, FXTM is superior; for ease of use, Libertex is a good choice.

⚡

Execution Quality - Speed & Slippage

FactorFXTMLibertexWinner
Execution modelECN/STPTrue ECNLibertex
Avg execution speed~30ms~40msFXTM
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✗Tie

FXTM boasts fast execution speeds with no requotes on ECN accounts, using STP and DMA models. Libertex executes trades instantly on its platform but may experience slippage during volatile markets. For Paraguay traders trading news events or scalping, FXTM's superior execution quality is advantageous.

🛡️

Regulation & Safety for Paraguay Traders

Safety FactorFXTMLibertex
Primary regulatorFCACySEC
Top-tier regulated✓✗
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

FXTM is regulated by multiple top-tier authorities including the FCA (UK) and CySEC (Cyprus), with additional oversight from the local financial regulator in Paraguay. Libertex is regulated by the CySEC and the FSC (Belize), with similar local compliance. For Paraguay traders, this means both brokers adhere to strict client fund segregation and negative balance protection standards. FXTM's additional FCA regulation offers an extra layer of security, which may be important for Paraguay traders concerned about broker reliability.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Paraguay traders may differ by entity.
💳

Deposits & Withdrawals for Paraguay

Payment MethodFXTMLibertex
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✗
Withdrawal time24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days.5 business days

Paraguay traders can deposit and withdraw funds at both FXTM and Libertex using Bank Transfer, Skrill, Neteller, and USDT TRC20. FXTM also accepts credit/debit cards and local bank transfers, while Libertex adds PayPal and Perfect Money. Deposits via e-wallets and USDT are instant, while bank transfers may take 1-3 business days. Withdrawals are processed within 24 hours for e-wallets and 2-5 days for bank transfers. Both brokers do not charge internal fees, but Paraguay traders should check for any intermediary bank charges. USDT TRC20 is particularly useful for Paraguay traders seeking fast, low-cost crypto transactions.

☪️

Islamic Accounts - Swap-Free for Paraguay Muslims

Islamic Account FeatureFXTMLibertex
Swap-free available✓✗
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both FXTM and Libertex offer Islamic (swap-free) accounts for Paraguay Muslim traders. FXTM provides swap-free accounts on all account types, including Standard and ECN, with no additional fees. Libertex offers Islamic accounts upon request, with conditions like no swap on overnight positions. FXTM's automatic availability makes it more convenient for Paraguay traders seeking Sharia-compliant trading. Both brokers ensure no interest charges on positions held overnight, adhering to Islamic finance principles.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureFXTMLibertexWinner
Live chat✓✓Tie
Phone support✓✗Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesFXTM

FXTM offers 24/5 multilingual customer support via live chat, email, and phone, with Spanish-language support available for Paraguay traders. Libertex provides 24/5 support through live chat and email, but phone support is limited. FXTM's faster response times and dedicated account managers for higher-tier accounts give Paraguay traders an edge in resolving issues quickly.

📱

Mobile App Comparison

Mobile FeatureFXTMLibertexWinner
iOS App Store rating4.5 stars4.3 starsFXTM
Google Play rating4.3 stars4.2 starsFXTM
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceFXTMLibertexWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)Weekly✗FXTM
Economic calendar✓✓Tie
Market analysisDailyBasicFXTM
⭐

Real User Reviews - Trustpilot

T
FXTM
☆☆☆☆☆
—
1,073 verified reviews
View on Trustpilot
T
Libertex
☆☆☆☆☆
—
8,500 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FXTM

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support

Libertex

Pros
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Paraguay Guide

Choose FXTM if you...

  • Want tighter spreads and lower trading costs for high-volume trading in Paraguay.
  • Prefer advanced platforms like MetaTrader 4/5 for technical analysis and automated trading.
  • Value strong regulation from top-tier authorities like the FCA.
  • Need comprehensive educational resources and copy trading features.

Choose Libertex if you...

  • Are a beginner in Paraguay looking for a simple, user-friendly platform.
  • Prefer commission-free trading on certain instruments.
  • Want a lower minimum deposit to start trading.
  • Need additional payment methods like PayPal or Perfect Money.
❓

FAQ - FXTM vs Libertex in Paraguay

Is FXTM or Libertex better for Paraguay?

+

Can Paraguay traders use both brokers legally?

+

Which broker has lower spreads for Paraguay traders?

+

How do Paraguay traders deposit at FXTM and Libertex?

+

Do both brokers offer Islamic accounts for Paraguay?

+

Final Verdict - Paraguay 2026

Libertex wins overall

For Paraguay traders, FXTM is the superior choice overall, with a higher score of 4.3/5, lower spreads, advanced platforms, and strong regulation. It supports local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and is overseen by the local financial regulator. Libertex is a solid alternative for beginners or those who prefer a simpler experience and commission-free trading. However, for cost efficiency, execution quality, and comprehensive features, FXTM is recommended for Paraguay traders aiming to maximize their trading potential in 2026.

Open FXTMOpen Libertex
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
FXTM 3.7/5
Libertex Winner3.8/5
Full Reviews
Full FXTM Review →Full Libertex Review →
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.
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