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ParaguayMT4BRENT

Lowest Brent Oil Spread Brokers in Paraguay (2026)

Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📊
Data verified
July 2026
4.4/5
Highest rated
0.03 pips
Lowest spread
10
Brokers compared
$0
Min deposit
Quick Verdict
🏆 Top Pick OverallPepperstone — 4.4/5 score, regulated by FCA, ASIC
💰 Lowest Min DepositPepperstone — $0 to get started
🛡️ Strongest RegulationPepperstone — FCA,ASIC,BaFin,CySEC,DFSA,SCB
☪️ Best Islamic AccountPepperstone — swap-free account available
🏆Top Pick: Pepperstone(4.4/5)
Open Account →

BRENT Broker Comparison - Paraguay

BrokerScoreDepositSpreadPlatformsIslamicReg
4.4$00.03TV MT5 MT4 cTYesFCAOpen
4.3$1000.04MT5 MT4 cTYesCBIOpen
4.2$1000.03MT5 MT4YesFCAOpen
4.3$50.04MT5 MT4YesCySECOpen
4.2$00.03MT5 MT4YesFCAOpen
4.1$1000.03TV MT5 MT4 cTYesASICOpen
4.2$0MT5 MT4NoFCAOpen
4.1$50MT5 MT4YesBaFinOpen
4.1$10TV MT5 MT4 cTYesFCAOpen
4.1$0MT5 MT4YesCySECOpen

For traders in Paraguay, trading BRENT crude oil offers a unique opportunity to diversify beyond traditional forex pairs. Since Paraguay uses the US dollar (USD) as its local currency, you avoid the conversion costs that traders in other nations face — every pip you earn is already in your home currency, making cost calculations straightforward. Your local timezone is UTC+0, meaning the London session opens at a convenient 08:00 local time, and the NY-London overlap runs from 13:00 to 16:30 local, providing a perfect window for active trading. Popular local deposit methods include Bank Transfer and USDT TRC20, which allow fast and low-cost funding for your trading account. With maximum leverage available at 1:500, Paraguay traders can control larger positions with a modest capital outlay, though risk management remains critical. The market is regulated by top-tier international bodies such as the FCA, ASIC, and CySEC, ensuring a secure trading environment. For example, a trader in Asunción can start with Pepperstone, our top-rated broker scoring 4.4/5, and benefit from the lowest BRENT spreads available. This guide is built specifically for Paraguay traders seeking the best BRENT spread brokers in 2026.

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MT4 - Key Features for Paraguay Traders

+ Expert Advisors (EAs)
+ Custom indicators
+ Strategy backtesting
+ VPS compatible
+ One-click trading
+ Mobile app available

Top 10 MT4 brokers for BRENT in Paraguay

Pepperstone
#1 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
4.4
/5
BRENT spread
0.03 pips
Commission
$0/lot
All-in cost
0.03 pips
Min deposit
$0
TradingViewMT5MT4cTraderIslamic accountTop-tier regulated
Pros for Paraguay
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
Cons for Paraguay
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 3,532 reviewsVerified
View reviews
Withdrawals
bank wire transfer, credit/debit cards, and e-wallets like PayPal
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
AvaTrade
#2 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
4.3
/5
BRENT spread
0.04 pips
Commission
$0/lot
All-in cost
0.04 pips
Min deposit
$100
MT5MT4cTraderIslamic accountTop-tier regulated
Pros for Paraguay
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
Cons for Paraguay
- No major drawbacks found
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 12,700 reviewsVerified
View reviews
Withdrawals
credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Exness
#3 Exness
FCA,CySEC,ASIC,FSA,FSCA,CBCS
4.2
/5
BRENT spread
0.03 pips
Commission
$0/lot
All-in cost
0.03 pips
Min deposit
$100
MT5MT4Islamic accountTop-tier regulated
Pros for Paraguay
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
Cons for Paraguay
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 28,910 reviewsVerified
View reviews
Withdrawals
electronic wallets, bank cards, and cryptocurrencies
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
XM Group
#4 XM Group
CySEC,ASIC,IFSC,DFSA,FSC
4.3
/5
BRENT spread
0.04 pips
Commission
$0/lot
All-in cost
0.04 pips
Min deposit
$5
MT5MT4Islamic accountTop-tier regulated
Pros for Paraguay
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
Cons for Paraguay
- No major drawbacks found
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 2,978 reviews
View reviews
Withdrawals
Bank Wire, Visa/Mastercard, Skrill
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Axi
#5 Axi
FCA,ASIC,DFSA,FSC
4.2
/5
BRENT spread
0.03 pips
Commission
$0/lot
All-in cost
0.03 pips
Min deposit
$0
MT5MT4Islamic accountTop-tier regulated
Pros for Paraguay
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
Cons for Paraguay
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 6,900 reviewsVerified
View reviews
Withdrawals
International Bank Transfers (Global Money Transfer), Credit/Debit Cards, and E-wallets like Skrill
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Eightcap
#6 Eightcap
ASIC,FCA,SCB,VFSC
4.1
/5
BRENT spread
0.03 pips
Commission
$0/lot
All-in cost
0.03 pips
Min deposit
$100
TradingViewMT5MT4cTraderIslamic accountTop-tier regulated
Pros for Paraguay
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($100)
+ TradingView integration
+ MetaTrader 5
Cons for Paraguay
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 3,730 reviewsVerified
View reviews
Withdrawals
bank wire transfers, credit/debit cards, and e-wallets like Skrill and Neteller
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
CMC Markets
#7 CMC Markets
FCA,ASIC,MAS,BaFin,FMA
4.2
/5
BRENT spread
Commission
All-in cost
Min deposit
$0
MT5MT4Top-tier regulated
Pros for Paraguay
+ Top-tier regulation (FCA/ASIC)
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Paraguay
Cons for Paraguay
- No Islamic account
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 3,200 reviewsVerified
View reviews
Withdrawals
bank wires, credit/debit cards (Visa and Mastercard), and PayPal
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
MG
#8 MultiBank Group
BaFin,ASIC,FSC,CySEC,SCA,CIMA
4.1
/5
BRENT spread
Commission
All-in cost
Min deposit
$50
MT5MT4Islamic accountTop-tier regulated
Pros for Paraguay
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($50)
+ MetaTrader 5
+ MetaTrader 4
Cons for Paraguay
- No major drawbacks found
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 1,780 reviewsVerified
View reviews
Withdrawals
bank wires, credit/debit cards, and cryptocurrencies
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
ThinkMarkets
#9 ThinkMarkets
FCA,ASIC,JFSC,FSA
4.1
/5
BRENT spread
Commission
All-in cost
Min deposit
$10
TradingViewMT5MT4cTraderIslamic accountTop-tier regulated
Pros for Paraguay
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($10)
+ TradingView integration
+ MetaTrader 5
Cons for Paraguay
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 620 reviewsVerified
View reviews
Withdrawals
bank wire, crypto USDT (via TRC20 and ERC20), Skrill
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Equiti
#10 Equiti
CySEC,FCA,JSC,SCB
4.1
/5
BRENT spread
Commission
All-in cost
Min deposit
$0
MT5MT4Islamic accountTop-tier regulated
Pros for Paraguay
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
Cons for Paraguay
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 290 reviewsVerified
View reviews
Withdrawals
Bank Transfers, Credit/Debit Cards, and E-Wallets
Open Account →
Trading involves risk of loss. CFDs are complex instruments.

What is BRENT on MT4?

The BRENT spread is the difference between the bid and ask price for BRENT crude oil, typically measured in pips. For Paraguay traders, understanding this cost is essential because it directly impacts profitability. For example, if the spread on BRENT is 0.09 pips on an ECN account, and you trade 0.10 lots (10 barrels), each pip is worth approximately $1.00 USD. A 0.09 pip spread therefore costs you $0.09 per trade. Over 100 trades, that is just $9.00 in spread costs. In contrast, a broker charging 0.70 pips would cost you $70.00 for the same 100 trades — a difference of $61.00 that directly reduces your net profit. Since Paraguay uses USD as its local currency, there are no hidden conversion fees; every dollar saved on spreads stays in your account. For Paraguay traders using maximum leverage of 1:500, even small spread differences are magnified because you are controlling larger positions relative to your capital. ECN spreads are generally better for Paraguay traders because they offer raw interbank pricing with a small commission, while fixed spreads tend to be wider and less transparent. The regulators overseeing these brokers — FCA, ASIC, and CySEC — require clear spread disclosure in the contract specifications, so Paraguay traders can always verify costs before trading. Always compare the all-in cost (spread + commission) rather than just the raw spread to get the true picture.

Best trading times - BRENT from Paraguay

For Paraguay traders, the best time to trade BRENT is during the London session, which opens at 08:00 local time (UTC+0). This is a comfortable start to the trading day — you can check charts and place orders right after breakfast. The NY-London overlap from 13:00 to 16:30 local time is the most active period, offering the tightest spreads (as low as 0.09 pips at ECN brokers) and the highest liquidity. Paraguay traders do not need to wake up early or stay up late; the overlap falls perfectly during the afternoon, making it ideal for part-time traders who work during the morning. A recommended routine for Paraguay traders: review economic news at 08:00 local, set up your BRENT charts, and then execute your main trades during the 13:00-16:30 window. The Asian session, from approximately 00:00 to 07:00 local time, is much quieter — spreads can widen significantly, and volatility is lower. Paraguay traders should generally avoid this period unless they are using pending orders. Public holidays in Paraguay (such as Independence Day on May 14-15) do not affect global BRENT trading, but weekends (Saturday and Sunday local time) see no market activity. Always adjust your trading schedule around these sessions for optimal results.

Economic calendar - BRENT

BRENT economic calendar
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Execution & slippage - Paraguay

Slippage and execution quality are critical for Paraguay traders, especially those scalping BRENT during high-volatility sessions. Paraguay's internet infrastructure has improved significantly, but average ping to European servers (London) can range from 120-180ms, while to US servers (New York) it may be 100-150ms. For Paraguay traders, the recommended server location is New York for the NY-London overlap, as it offers the lowest latency during the most liquid hours. A VPS (Virtual Private Server) is strongly recommended for Paraguay traders who scalp or use automated strategies — a VPS located near the broker's server can reduce ping to under 5ms, eliminating local internet fluctuations. Among our list, Pepperstone and IC Markets offer the best execution for Paraguay traders, with ECN technology and no requotes during normal market conditions. Even with moderate ping, Paraguay traders can trade effectively if they avoid scalping with tight stop-losses; instead, use slightly wider stops to account for potential slippage. Always test your broker's execution with a small deposit before committing significant capital.

Islamic accounts & swap fees - Paraguay

Paraguay is not a Muslim-majority country — approximately 90% of the population is Christian, with a very small Muslim minority (less than 0.1%). However, Islamic (swap-free) accounts are still available for those Paraguay traders who require them. From a regulatory perspective, FCA, ASIC, and CySEC do not impose specific Islamic finance rules, but they allow brokers to offer swap-free accounts as a service. For a Paraguay trader with a $1,000 account using 1:100 leverage on BRENT, the overnight swap cost (if applicable) is typically around -$0.50 to -$1.00 per day per 0.10 lot, depending on the broker. The top 2 Islamic account brokers available in Paraguay are Exness and XM Group — both offer genuine swap-free BRENT trading with no hidden administration fees after the typical holding period (usually 3-5 days). For non-Muslim Paraguay traders, the best way to minimize swap costs is to close all BRENT positions before the daily rollover time (typically 17:00 New York time, which is 22:00 UTC+0). This avoids overnight charges entirely and keeps your trading costs purely based on spreads and commissions.

FAQ - Lowest Brent Oil Spread Brokers in Paraguay

Which broker has the lowest BRENT spread in Paraguay in 2026?+
Is BRENT trading legal in Paraguay?+
What is the best time to trade BRENT from Paraguay?+
Do forex brokers offer Islamic accounts for BRENT trading in Paraguay?+
How do I deposit money to a forex broker from Paraguay?+
What is the maximum leverage for BRENT trading in Paraguay?+
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. comparebroker.io may receive compensation from brokers listed on this page.
Quick facts - Paraguay
PlatformMT4
InstrumentBRENT
Brokers compared10
Islamic accounts9 available
Lowest spread0.03 pips
Min deposit$0
Risk warning: Trading CFDs involves significant risk of loss. Most retail investors lose money.
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