Best Forex Brokers in Paraguay for 2025

Last updated Aug 23, 2025

We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the best Forex brokers in Paraguay based on our analysis:

  1. 1
    AvaTrade Logo
    AvaTrade - Best Forex broker in Paraguay - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources.
  2. 2
    FP Markets Logo
    FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms.
  3. 3
    Roboforex Logo
    Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts.
  4. 4
    FxPro Logo
    FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools.
  5. 5
    Admirals Logo
    Admirals - Low trading fees. Wide range of payment methods. Extensive analytical resources.
  6. 6
    ActivTrades Logo
    ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides.
  7. 7
    FXOpen Logo
    FXOpen - Wide range of trading assets. Low spreads and commissions. Support for various trading platforms.
  8. 8
    HF Markets Logo
    HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews.
  9. 9
    IFC Markets Logo
    IFC Markets - A wide range of trading assets. Variety of trading platforms. Educational materials for traders of all experience levels.
  10. 10
    XM Logo
    XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account.

This comprehensive guide aims to assist you in finding a broker that aligns seamlessly with your trading strategy while safeguarding your investments. Each broker featured here stands out with their distinctive offerings, cutting-edge technology, and rigorous security protocols, ensuring an exceptional trading experience in Paraguay's dynamic Forex market.

List of the Best Forex Brokers in Paraguay in 2025

1
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
2
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
3
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$10
4
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2006
Minimum Deposit
$100
5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2001
Minimum Deposit
$1
6
Register81% of retail investors lose money when trading CFDs with this broker
Foundation Year2000
Minimum Deposit
$1
7
Register58-60% of retail investors lose money when trading CFDs with this broker
Foundation Year2004
Minimum Deposit
$1
8
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$1
9
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$1
10
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$5

1. AvaTrade

AvaTrade Logo
1
RegisterTrading CFDs carries high risks. You may lose all invested funds
Trading Assets
ForexStocksIndicesETFCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTraderAvaTradeGO
compare AvaTrade trading accounts

AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.

Pros and Cons of AvaTrade

Pros

  1. A wide selection of financial assets.
  2. Innovative trading platforms.
  3. Highly rated educational resources.

Cons

  1. Limited trading account options.
  2. Account inactivity fee.

2. FP Markets

FP Markets Logo
2
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexPrecious MetalsEnergy CarriersSoft CommoditiesIndicesStocksETFBondsCryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5cTraderTradingView
compare FP Markets trading accounts

FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.

Pros and Cons of FP Markets

Pros

  1. Robust regulation, serious fund protection plus segregated accounts in AA banks.
  2. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
  3. Rich selection of trading platforms.
  4. Wide range of instruments.
  5. Numerous deposit/withdrawal methods.
  6. Strong analytics and education.
  7. 24/7 support.

Cons

  1. Lack of cent accounts and fixed spread accounts.
  2. Some analytical materials and software are accessible only with a deposit or trading volume.

3. RoboForex

Roboforex Logo
3
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesStocksETFPrecious MetalsEnergy CarriersSoft CommoditiesFutures
Trading Platforms
MetaTrader 5MetaTrader 4R WebTraderR MobileTraderR StocksTrader
compare Roboforex trading accounts

RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.

Pros and Cons of Roboforex

Pros

  1. A variety of trading platforms.
  2. Over 12,000 trading assets.
  3. Different types of trading accounts.
  4. Competent 24/7 customer support.
  5. Loyalty programs and bonus offers for clients.
  6. Low spreads and fees.

Cons

  1. Regulation in an offshore jurisdiction.
  2. Beginner traders may find a lack of educational materials.

4. FxPro

FxPro Logo
4
4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4FxPro EdgeMetaTrader 5cTrader
compare FxPro trading accounts

FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.

Pros and Cons of FxPro

Pros

  1. Various trading platforms.
  2. A diverse range of available markets and products.
  3. Multiple analytics tools.
  4. Extensive educational materials.

Cons

  1. An inactivity fee.
  2. Absence of cent accounts and services for copying trades.

5. Admirals

Admirals Logo
5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrencyStocksETF
Trading Platforms
MetaTrader 4MetaTrader 5
compare Admirals trading accounts

The broker Admirals is suitable for a broad spectrum of traders. With its strict regulation, various account types, and a competent set of educational and analytical materials, this broker provides high-quality services for novice and experienced traders.

Beginners seeking detailed educational resources and support will undoubtedly appreciate this broker. Experienced traders will also find it beneficial due to competitive trading commissions, abundant tools for analysis and trading, and the convenience of the depositing and withdrawal process.

Pros and Cons of Admirals

Pros

  1. Low trading fees.
  2. Wide range of payment methods.
  3. Extensive analytical resources.
  4. A rich collection of educational materials.

Cons

  1. Inactivity fee.
  2. Some users complain about the intrusiveness of the support service.

6. ActivTrades

ActivTrades Logo
6
Register81% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexStocksIndicesCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft CommoditiesETF
Trading Platforms
MetaTrader 4MetaTrader 5ActivTraderTradingView
compare ActivTrades trading accounts

ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.

However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.

Pros and Cons of ActivTrades

Pros

  1. Wide range of trading assets.
  2. A wide variety of trading platforms.
  3. Extensive training materials including webinars, videos, articles and guides.
  4. Professional Support Team.

Cons

  1. Lack of diversity in trading accounts.

7. FXOpen

FXOpen Logo
7
Register58-60% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
ForexPrecious MetalsIndicesStocksETFCryptocurrencyEnergy Carriers
Trading Platforms
MetaTrader 4MetaTrader 5TickTraderTradingView
compare FXOpen trading accounts

FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.

FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.

Pros and Cons of FXOpen

Pros

  1. Wide range of trading assets.
  2. Low spreads and commissions.
  3. Support for various trading platforms.

Cons

  1. Lack of educational materials.

8. HF Markets

HF Markets Logo
8
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexStocksIndicesBondsETFCryptocurrencyPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTrader
compare HF Markets trading accounts

HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.

HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.

Pros and Cons of HF Markets

Pros

  1. Regulated by reputable financial authorities.
  2. Wide selection of trading assets.
  3. A variety of educational materials and analytical reviews.

Cons

  1. There is no alternative to MetaTrader.
  2. High swaps and wide spreads.

9. IFC Markets

IFC Markets Logo
9
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexStocksETFIndicesCryptocurrencyPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
NetTradeXMetaTrader 4MetaTrader 5
compare IFC Markets trading accounts

IFC Markets is a reliable and licensed broker, offering a broad spectrum of trading instruments and platforms for investors of various experience levels. With multilingual support and extensive educational resources, the company aims to provide its clients with a comfortable and efficient trading environment.

IFC Markets could be a suitable choice for investors seeking a variety of trading instruments and platforms.

Pros and Cons of IFC Markets

Pros

  1. A wide range of trading assets.
  2. Variety of trading platforms.
  3. Educational materials for traders of all experience levels.
  4. Tools for creating synthetic tools are available.

Cons

  1. High swaps.

10. XM

XM Logo
10
4.2/5
XM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesStocksPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4
compare XM trading accounts

XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.

Pros and Cons of XM

Pros

  1. Wide range of trading assets.
  2. Extensive educational resources.
  3. Tight spreads on the Ultra Low account.
  4. Many analytical materials.
  5. Commission-free deposits and withdrawals.

Cons

  1. Inconsistency in technical support.
  2. Inactivity fee.
  3. Standard account has a higher spread than the market average.

Regulation of Forex Brokers in Paraguay

The regulatory framework for Forex and CFD brokers in Paraguay is designed to ensure the fairness and transparency of trading activities.

Key Regulatory Bodies in Paraguay

  • Comisión Nacional de Valores (CNV): The CNV is the primary regulatory authority responsible for supervising and regulating financial institutions, including Forex brokers. It ensures compliance with regulations to maintain the integrity of the financial system and protect investors' interests.

  • Banco Central del Paraguay: As the central bank of Paraguay, Banco Central del Paraguay is responsible for monetary policy, issuing currency, and regulating the payment system. While it doesn't directly regulate Forex trading, its monetary policies and actions can significantly influence the foreign exchange market.

Verifying Broker Authorization

To confirm a broker's authorization under the CNV, traders can utilize the CNV's online resources. This platform allows investors to verify if a Forex broker is regulated and authorized to operate in Paraguay. Brokers typically display their regulatory status under the CNV on their websites.

Traders should seek the broker’s name in the CNV’s listings for assurance. Additional information on broker licensing and regulation can be found on various financial market websites and platforms for more comprehensive verification.

How We Compiled the List of Top Forex Brokers in Paraguay

Our approach to identifying the top Forex trading platforms in Paraguay was marked by thoroughness and a comprehensive set of criteria:

  1. Detailed Research and Assessment: We began by compiling an extensive Forex brokers list that met our high standards. Each broker was subjected to a rigorous evaluation process to impartially assess their services and operational effectiveness.

  2. Regulatory Oversight: We prioritized brokers regulated by respected financial authorities such as the FCA, ASIC, and CySEC. This ensures brokers operate with transparency and adhere to strict financial regulations.

  3. Trading Conditions and Platforms: We examined brokers based on their trading conditions, including spreads, fees, minimum deposits, and the range of trading instruments they offer. We also evaluated the quality and usability of their trading platforms, with a preference for those offering popular platforms like MetaTrader 4 and MetaTrader 5, as well as proprietary platforms with advanced features.

  4. Customer Support and Localization: The quality of customer support was a crucial factor, especially the availability of support in Spanish and accessible communication channels. We also considered brokers offering localized services, such as websites and educational resources in Spanish, to better cater to Paraguayan traders.

  5. User Experience: Genuine feedback from traders who have used these brokers was included to provide a holistic view of each broker's strengths and weaknesses. This covered aspects such as ease of use, customer service experiences, and overall satisfaction.

FAQ

What is Forex trading?

Forex trading, or foreign exchange trading, involves buying and selling currencies on the foreign exchange market with the aim of making a profit. It is one of the largest and most liquid financial markets in the world.

How to choose the best Forex broker in Paraguay?

To choose the best Forex broker in Paraguay, consider factors such as regulatory compliance, trading conditions, customer support, account types, and the quality of their trading platforms. Look for brokers regulated by reputable authorities like the FCA, CySEC, or ASIC.

Yes, Forex trading is legal in Paraguay. However, it is important to choose a broker that is regulated by the Comisión Nacional de Valores (CNV) or other recognized international regulators to ensure the safety of your investments.

What are the risks of Forex trading?

The risks of Forex trading include market volatility, leverage risks, and the potential for significant financial loss. It's crucial to understand these risks and implement risk management strategies.

How much money do I need to start Forex trading?

The amount of money needed to start Forex trading varies by broker. Some brokers allow you to start with as little as $100, while others may require a higher initial deposit. It's important to choose a broker that fits your financial situation.

Can I trust Forex brokers in Paraguay?

You can trust Forex brokers in Paraguay if they are regulated by the Comisión Nacional de Valores (CNV) or other reputable regulatory bodies. Always verify the broker's regulatory status before opening an account.

Can I trade other assets with a Forex broker in Paraguay?

Yes, many Forex brokers in Paraguay offer trading in other assets such as commodities, indices, stocks, and cryptocurrencies in addition to Forex.

How much can I earn with Forex trading?

Earnings in Forex trading vary widely and depend on factors such as market conditions, trading strategy, risk management, and experience. While it's possible to make substantial profits, there is also a high risk of losses.

Who regulates Forex trading in Paraguay?

Forex trading in Paraguay is regulated by the Comisión Nacional de Valores (CNV), which ensures brokers operate fairly and transparently to protect traders.

What is the best Forex trading app in Paraguay?

The best Forex trading app in Paraguay depends on individual preferences and needs. Popular options include MetaTrader 4 and MetaTrader 5, known for their advanced features and user-friendly interfaces.

What is the best Forex broker for beginners in Paraguay?

The best Forex broker for beginners in Paraguay offers educational resources, a user-friendly platform, and excellent customer support. Look for brokers with demo accounts and low minimum deposit requirements. Some top brokers for beginners include XM, RoboForex, and FBS, known for their beginner-friendly services and strong support systems.

What are the trading conditions offered by Forex brokers?

Trading conditions include factors such as spreads, commissions, leverage, minimum deposit requirements, and the variety of trading instruments. These conditions can vary significantly between brokers.

How does Forex trading work?

Forex trading works by exchanging one currency for another at an agreed-upon price. Traders speculate on currency price movements, aiming to buy low and sell high to make a profit. Trades are executed through a broker's trading platform.

What are the different types of Forex accounts?

Common types of Forex accounts include standard accounts, mini accounts, and micro accounts. Each type has different minimum deposit requirements and lot sizes, catering to different levels of traders.

What is the cheapest Forex trading platform in Paraguay?

The cheapest Forex trading platform in Paraguay typically offers low spreads and commissions. It's important to compare different brokers' fees and trading conditions to find the most cost-effective option. For a detailed comparison of brokers offering low spreads, check out our list of low spread Forex brokers.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.