Which broker is better for Paraguay traders in 2026? Expert analysis across 12 categories.
Paraguay's retail trading landscape has grown slowly but steadily, with traders in Asunción and Ciudad del Este gaining access to global forex brokers through online platforms. For Paraguay traders, the US dollar is a practical base for trading major pairs, especially when managing currency risk against the Paraguayan guaraní. Hantec Markets and Moneta Markets are two established international brokers that accept Paraguay residents, offering USD-denominated accounts and flexible funding methods that suit the local banking environment. Hantec Markets holds a stronger global reputation with a CompareBroker score of 3.6/5, while Moneta Markets follows closely at 3.3/5. Both brokers provide access to MetaTrader platforms, competitive pricing, and support for retail traders looking for transparent execution. This comparison evaluates their trading costs, regulatory safeguards, deposit and withdrawal experience, and platform features specifically for Paraguay traders. Since neither broker operates under a local licence from Paraguay's financial regulator, understanding the protection offered by their respective international regulators is essential before making a decision.
| Instrument | Hantec Markets | Moneta Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Moneta Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Moneta Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Moneta Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Moneta Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $10 | $50 | Hantec Markets |
Paraguay traders typically trade lower volumes than institutional investors, so even a 0.2 pip difference in spreads can matter significantly over a month of short-term trades. Hantec Markets offers commission-free standard accounts with variable spreads from around 1.0 pip on EUR/USD, while Moneta Markets advertises raw spreads from 0.0 pips on its ECN accounts with a small commission per trade. For Paraguay traders using USD-denominated accounts, the all-in cost depends on how many lots you trade each month. Moneta's raw pricing generally suits active scalpers, whereas Hantec's simpler cost structure works better for swing traders who prefer to avoid commission calculations.
| Account Type | Hantec Markets | Moneta Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $10 | $50 |
| Entity / Asset | Hantec Markets | Moneta Markets |
|---|---|---|
| Paraguay (offshore) | Up to 1:500 | Up to 1:1000 |
| Forex major pairs | 1:500 | 1:1000 |
| 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 | Hantec Markets | Moneta Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Hantec Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Hantec Markets |
| Crypto CFDs | ✗ | ✗ | Hantec Markets |
| Stocks / Share CFDs | 1,000+ | ✗ | Moneta Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | Hantec Markets | Moneta Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both Hantec Markets and Moneta Markets provide MetaTrader 4 and MetaTrader 5, the most widely used platforms among retail traders in Paraguay. Hantec also gives access to its own web-based terminal, while Moneta Markets adds a dedicated copy trading platform for less experienced users. Paraguay traders with variable internet connections benefit from mobile apps that support low-bandwidth charting and offline order management. Both brokers offer Spanish-language interface options, which removes a common barrier for local traders transitioning from demo accounts to live trading.
| Factor | Hantec Markets | Moneta Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Moneta Markets |
| Avg execution speed | ~30ms | ~40ms | Hantec Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Hantec Markets uses straight-through processing with a no-dealing-desk model on both standard and ECN accounts, while Moneta Markets follows the same approach with a focus on ECN execution. For Paraguay traders with standard home internet connections, execution reliability matters more than raw millisecond speed, and both brokers provide consistent order fills. Average execution speeds are around 90ms at Hantec and 100ms at Moneta, with minimal requotes during normal market hours. Slippage can occur during major news events, but both brokers maintain acceptable fill rates for retail traders in Latin America.
| Safety Factor | Hantec Markets | Moneta Markets |
|---|---|---|
| Primary regulator | FCA | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✗ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Hantec Markets holds licenses from top-tier regulators including the FCA in the United Kingdom, which provides a strong investor protection framework for Paraguay clients using that entity. Moneta Markets is regulated by financial authorities in South Africa and the Seychelles, offering adequate but less comprehensive protection. For Paraguay traders, neither broker is directly overseen by the local financial regulator, meaning you rely on the safeguards of the broker's home regulator. Hantec's FCA-regulated entity offers negative balance protection and strict client fund segregation, while Moneta's tier-two licensing is still acceptable for retail traders who understand the lower compensation coverage. Paraguay traders should verify which entity handles their account before depositing.
| Payment Method | Hantec Markets | Moneta Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Crypto / USDT: 1 to 3 hours (for eligible wallets)E-wallets: Within hours up to 1 dayBank / Wire Transfers: 2 to 5 business days | Internal Processing: Generally handled within 24 hours by the finance team.Credit/Debit Cards: 1 to 5 business days to fully reflect.Bank Wire / International Transfers: 3 to 5 business days to complete. |
Paraguay traders can fund both Hantec Markets and Moneta Markets using Bank Transfer, Skrill, Neteller, and USDT TRC20. Bank Transfer is the most traditional route, ideal for larger deposits from Paraguayan banks, but it may take 1 to 3 business days to arrive. Skrill and Neteller offer instant e-wallet deposits once the Paraguay account is verified, making them preferred for quick start-ups. USDT TRC20 is especially attractive for Paraguay traders because it avoids SWIFT delays and offers very low transaction fees, even though it requires access to a crypto wallet. Withdrawals are typically processed back to the original funding method, with e-wallets taking under 24 hours and bank transfers taking 2 to 5 business days. Hantec may apply a small bank transfer fee, while Moneta Markets promotes zero deposit fees on most methods.
| Islamic Account Feature | Hantec Markets | Moneta 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 Hantec Markets and Moneta Markets offer Islamic swap-free accounts for Paraguay Muslim traders who follow Sharia law. These accounts remove swap or rollover interest charges on overnight positions, which is essential for long-term holding strategies. Hantec Markets provides swap-free status across most of its account types, including standard platforms, while Moneta Markets offers the option on both standard and ECN accounts. Paraguay traders must contact customer support to enable the Islamic account feature before trading, as it is not automatically applied to all registrations.
| Support Feature | Hantec Markets | Moneta Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Hantec Markets |
Customer support is available in both English and Spanish at Hantec Markets and Moneta Markets, which is important for Paraguay traders who prefer Spanish communication. Hantec Markets offers 24/5 live chat, email, and phone support, while Moneta Markets provides a 24/7 live chat service. Paraguay traders on Paraguay Time (PYT) will find Moneta's around-the-clock chat more responsive during late evening sessions. Both brokers have knowledgeable support agents, but Moneta's broader coverage gives it a slight edge for local traders who trade outside traditional banking hours.
| Mobile Feature | Hantec Markets | Moneta Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Hantec Markets |
| Google Play rating | 4.3 stars | 4.2 stars | Hantec Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Hantec Markets | Moneta Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | Hantec Markets |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | Hantec Markets |
Choose Hantec Markets if you...
Choose Moneta Markets if you...
For Paraguay retail traders, Hantec Markets is the stronger overall choice with a CompareBroker score of 3.6/5 versus Moneta Markets' 3.3/5. Hantec's top-tier regulation and commission-free standard accounts provide more confidence, especially for traders using Bank Transfer or Skrill to move funds from Paraguay. Moneta Markets remains a solid alternative thanks to tighter raw spreads, full USDT TRC20 support, and around-the-clock Spanish-language support. Since Paraguay's local financial regulator does not directly license either broker, Paraguay traders should confirm which international entity will hold their account and start with smaller deposits before scaling up. The final decision comes down to whether you prioritise stronger regulatory safety with Hantec or lower raw execution costs with Moneta.