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4 Best Forex Brokers in Paraguay

Last Update: May 28th, 2024

Forex Brokers Paraguay

The 4 Best Forex Brokers in Paraguay – Rated and Reviewed. We have listed the top Forex Brokers accepting traders in Paraguay.

 

In this in-depth guide, you will learn:

  • The Best Forex Brokers in Paraguay – a List
  • The Best Forex Brokers for Beginners and Foreigners
  • Is Forex Trading Legal in Paraguay?
  • Best MT4/MT5 Forex Brokers

and much, MUCH more!

 

10 Best Forex Brokers in Paraguay

 

4 Best Forex Brokers in Paraguay – a Comparison

🔎 Broker🚀Open an Account🤝 Accepts Paraguayan Traders💴 Min. Deposit (PYG)
🥇 Interactive Brokers👉 Click Here✅YesNone
🥈 Oanda👉 Click Here✅YesNone
🥉 XTB👉 Click Here✅YesNone
🏅 Admirals👉 Click Here✅Yes186609,35

 

4 Best Forex Brokers in Paraguay (2024)

  1. ☑️ Interactive Brokers – Overall, the Best Forex Broker in Paraguay
  2. ☑️ Oanda – The Best Forex Broker for Beginners and Foreigners
  3. ☑️ XTB – Best MetaTrader 4 and MetaTrader 5 Forex Broker
  4. ☑️ Admirals – Best Overall Offering

 

Interactive Brokers Review

 

Interactive Brokers

Interactive Brokers is a highly Regulated and Trusted Forex Broker. Nine Tier-1 Regulators govern it. Accounts offered are IBKR Lite, IBKR Pro, Islamic, and Demo. Moreover, the Base Currencies available are USD, AUD, CAD, CHF, EUR, GBP, HKD, and, JPY. Furthermore, a minimum deposit is not required.

IBKR Lite is a simple, cost-effective trading account for individuals, investors, and joint or IRA clients. Additionally, the IBKR Pro is a trading account designed for professional traders with high-volume transactions.

Furthermore, Trading Platforms available include the IBKR Trader WorkStation, IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR Client Portal, IBKR APIs, and, IBKR Impact.

Moreover, The IBKR Trader Workstation (TWS) is a platform designed for professional traders whereas IBKR Desktop is a platform designed for Beginners and Advanced users.

🔎 Broker🥇 Interactive Brokers
💴 Min. DepositNone
💶 Inactivity FeeNone
📈 Tradable AssetsForex, Metals, Futures, ETFs
🪙 Crypto Trading✅Yes
📉 MT4 / MT5None
📊 Proprietary Platforms✅Yes
📲 Mobile App✅Yes
🤝 Customer Support24/7
✏️ Education✅Yes
📍 Account TypesIBKR Pro and Lite
🚀Open an Account👉 Click Here

 

Interactive Brokers

 

Pros and Cons

✅ Pros❌ Cons
Low commissions and feesIntimidating Platform
Excellent educational materialsComplex tiered pricing plans
Reliable trade executionLacking Customer Support

 

Our Insights

The benefits of trading with Interactive Brokers include excellent education, a variety of order types, and, Highly competitive commissions. Moreover, Currency Trading is provided.

 

OANDA

 

OANDA

OANDA is a highly trusted and regulated Forex Broker governed by Ten Tier-1 Regulators. Accounts offered are Standard, Core, Swap-Free, Premium, Premium Core, and, Demo. moreover, Base Currencies include USD, EUR, HKD, and SGD.  No minimum deposit is required.

Furthermore, trading Platforms include FxTrade, MetaTrader 4, MetaTrader 5, and, a proprietary Trading Platform.

🔎 Broker🥇 OANDA
💶 Minimum DepositNone
📌 Account TypesStandard, Elite Trader
🆓 Demo Account✅Yes
🎁 Bonus Offers✅Yes
✏️ Education✅Yes
📲 Mobile Trading✅Yes
🖱️ Trading PlatformMetaTrader 4
🚀Open an Account👉 Click Here

 

Oanda

 

Pros and Cons

✅ Pros❌ Cons
Great trading platformsOnly FX and CFD available for most clients
Outstanding research toolsLacking Customer Support
Low trading feesInactivity fee

 

Our Insights

The benefits of trading with OANDA include flexible leverage. Moreover, multiple educational resources are available.

 

XTB Review

 

XTB

XTB is a Reliable and Respected Forex and CFDs Broker. The FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC regulate it. Accounts offered are Standard, Swap-Free, and, Demo. No deposit is required.

Furthermore, trading Platforms available are xStation and xSTation Mobile. Educational resources include access to a trading academy.

🔎 Broker🥇 XTB
📈 RegulationFCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, IFSC
📉 Social Media PlatformsFacebook
Twitter
LinkedIn
YouTube
📊 Trading AccountsStandard Account
Swap-free Account
Islamic Account
Professional Account
💹 Trading PlatformxStation 5
xStation Mobile
💴 Minimum DepositThere is no specific minimum deposit required
📌 Trading AssetsForex
Indices
Commodities
Stock CFDs
ETF CFDs
Cryptocurrencies
💵 USD-based Account✅Yes
💶 USD Deposits Allowed✅Yes
🎁 Bonuses✅Yes
📍 Minimum spreadFrom 0.5 pips
🆓 Demo Account✅Yes
☪️ Islamic Account✅Yes
🚀 Open an Account
👉 Click Here

 

XTB

 

Pros and Cons

✅ Pros❌ Cons
Islamic AccountInactivity fee
Free Deposit and WithdrawalHigh conversion fee

 

Our Insights

The benefits of trading with XTB include Bonus offers and trusted customer support.

 

Admirals Review

 

Admirals

Admirals is a trustworthy and regulated Forex Broker. Several Tier-1 Regulators govern it. The account types offered are Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5, Islamic, and Demo. Furthermore, the minimum deposit is 5 USD.

Trading Platforms include MetaTrader 4, MetaTrader 5, and a proprietary mobile platform.

🔎Broker🥇Admirals
💴Minimum Deposit25 USD
🎉Established Year2001
⏰Support Hours24/5
💻Trading PlatformsMetaTrader 4, MetaTrader 5, Admirals App
📈Account TypesTrade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5
🚀 Open an Account
👉 Click Here

 

Admirals

 

Pros and Cons

✅ Pros❌ Cons
Islamic AccountInactivity fee
Free Deposit and WithdrawalNo 24/7 customer service

 

Our Insights

The benefits of trading with Admirals include multilingual Customer support and impressive customer support.

 

Commodities Trading in Paraguay

 

Commodities Trading in Paraguay

The nominal value in the Commodities market of Paraguay is estimated to reach US$28.62bn in 2024. Moreover, Paraguay is the world’s largest exporter of organic sugar, the second-largest producer and exporter of Stevia, and the largest exporter of Soy.

 

Forex in Paraguay

 

Is Forex Trading Legal in Paraguay?

Forex Trading is Legal in Paraguay. Moreover, Forex Brokers in Paraguay are overseen by the National Securities Commission (CNV).

 

Is Forex Trading Legal in Paraguay?

 

In Conclusion

Forex Trading in Paraguay is legal. Furthermore, it is overseen by the National Securities Commission (CNV). Moreover, multiple international traders accept Paraguayan Traders.

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker >>
🥈Read ReviewFMA, FSAUSD 50Visit Broker >>
🥉Read ReviewFSCA, CySEC, DFSA, FSA, CMAUSD 0Visit Broker >>
4Read ReviewCySEC, MISA, FSCAUSD 5Visit Broker >>
5Read ReviewFCA, CySEC, FSCA, SCBUSD 100Visit Broker >>
6Read ReviewFCA, FINMA, FSA, ASICUSD 0Visit Broker >>
7Read ReviewCySEC, FCA, FSA, FSCA, Labuan FSAUSD 100Visit Broker >>
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker >>
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker >>
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit Broker >>

 

Our Insights

While reviewing the Best Forex Brokers that accept Paraguayan Traders, we found 4 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Moreover, finding the Best Forex Broker will depend on a trader’s individual trading needs.

 

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FAQs

OANDA withdrawals can be instant.

Admirals provide various financial assets, including commodities and Forex.

OANDA offers MetaTrader 4, TradingView, OANDA Web, and OANDA mobile

Tickmill provides leverage up to 30:1.

Oanda does not require a minimum deposit.

Interactive Brokers provides a free demo account with virtual funds.

MetaTrader 4, MetaTrader 5, and a proprietary Mobile Trading App.

XTB protects customer funds via segregated accounts

OANDA is licensed and regulated by multiple top-tier agencies.

Interactive Brokers do not require a minimum deposit.

The Paraguay Guarani.

The National Securities Commission (CNV).

Forex trading in Paraguay is legal.