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
NASDAQ Broker Comparison - Paraguay
| Broker | Score | Deposit | Spread | Platforms | Islamic | Reg | |
|---|
| 4.4 | $0 | 1 | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.3 | $100 | 1.5 | MT5 MT4 cT | Yes | CBI | Open |
| 4.2 | $100 | 1.2 | MT5 MT4 | Yes | FCA | Open |
| 4.3 | $5 | 1.5 | MT5 MT4 | Yes | CySEC | Open |
| 4.2 | $0 | 1 | MT5 MT4 | No | FCA | Open |
| 4.1 | $100 | 1 | TV MT5 MT4 cT | Yes | ASIC | Open |
| 4.2 | $0 | 1.2 | MT5 MT4 | Yes | FCA | Open |
| 4.1 | $50 | — | MT5 MT4 | Yes | BaFin | Open |
| 4.1 | $10 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.1 | $0 | — | MT5 MT4 | Yes | CySEC | Open |
Trading NASDAQ from Paraguay offers a unique edge — your local timezone (UTC+0) aligns perfectly with the London session opening at 08:00 local, and the NY-London overlap runs from 13:00 to 16:30 local, giving you prime liquidity hours during your business day. Since Paraguay uses the US Dollar (USD) directly, you avoid costly currency conversion fees that traders in other emerging markets face, making every pip saved on spread a pure gain. Local deposit methods like Bank Transfer and USDT TRC20 ensure fast, low-cost funding — USDT deposits arrive in minutes with fees under $1. With maximum leverage capped at 1:500, Paraguay traders can amplify small accounts, but only if spreads are razor-thin. Regulated by FCA, ASIC, and CySEC, the brokers on this page meet international standards for transparency and fund safety. For example, a trader in Asunción can open a Pepperstone account from $0 and access NASDAQ at competitive pips all-in cost, earning our top rating of 4.4/5. This guide is built specifically for Paraguay retail forex traders who want the lowest NASDAQ spread without compromising on reliability.
NASDAQ Live Chart - TradingView
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Open full chartTop 10 MT4 brokers for NASDAQ in Paraguay

#1 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
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 FCAWithdrawals
bank wire transfer, credit/debit cards, and e-wallets like PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#2 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
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 ASICWithdrawals
credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#3 Exness
FCA,CySEC,ASIC,FSA,FSCA,CBCS
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 FCAWithdrawals
electronic wallets, bank cards, and cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#4 XM Group
CySEC,ASIC,IFSC,DFSA,FSC
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 ASICTrading involves risk of loss. CFDs are complex instruments.

#5 CMC Markets
FCA,ASIC,MAS,BaFin,FMA
MT5MT4Top-tier regulated
Pros for Paraguay
+ Top-tier regulation (FCA/ASIC)
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Tight spread (1 pips)
Cons for Paraguay
- No Islamic account
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wires, credit/debit cards (Visa and Mastercard), and PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#6 Eightcap
ASIC,FCA,SCB,VFSC
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 FCAWithdrawals
bank wire transfers, credit/debit cards, and e-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.
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 FCAWithdrawals
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.
MG
#8 MultiBank Group
BaFin,ASIC,FSC,CySEC,SCA,CIMA
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 ASICWithdrawals
bank wires, credit/debit cards, and cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#9 ThinkMarkets
FCA,ASIC,JFSC,FSA
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 FCAWithdrawals
bank wire, crypto USDT (via TRC20 and ERC20), Skrill
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#10 Equiti
CySEC,FCA,JSC,SCB
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 FCAWithdrawals
Bank Transfers, Credit/Debit Cards, and E-Wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.
What is NASDAQ on MT4?
The NASDAQ spread is the difference between the bid and ask price of the NASDAQ CFD, typically measured in pips. For Paraguay traders, even a 0.1 pip difference matters: on a standard 1.0 lot NASDAQ trade, 0.1 pip equals $1.00 USD — and with 1:500 leverage, this cost multiplies across positions. Spreads matter more for Paraguay traders because local trading volume is lower, meaning fewer broker choices and less competitive pricing from smaller providers. ECN accounts (raw spreads + commission) are far better for Paraguay traders than fixed spreads, especially under 1:500 leverage. ECN spreads on NASDAQ can be as low as 0.09 pips during peak hours, while fixed spreads often exceed 1.0 pip. A real example: a Paraguay trader making 100 NASDAQ trades per month with 0.5 lot size each would pay $50 USD in spread costs with a 0.1-pip ECN broker, but $500 USD with a 1.0-pip fixed spread broker — a saving of $450 USD monthly. Paraguay traders must verify spread disclosures from FCA/ASIC/CySEC regulated brokers, as these regulators require transparent cost breakdowns. Always choose a broker that shows all-in cost (spread + commission) in USD terms before you trade.
Best trading times - NASDAQ from Paraguay
For Paraguay traders (UTC+0), the London session opens at 08:00 local time — a comfortable start to the trading day. The NY-London overlap runs from 13:00 to 16:30 local, which is the sweet spot for NASDAQ spreads, often dropping to 0.09 pips on ECN accounts. Paraguay traders do not need to wake up early or stay up late; the best liquidity occurs during standard business hours, making NASDAQ trading ideal for part-time traders in Asunción or Encarnación. A recommended routine: check charts at 08:00 local for London open momentum, then focus on the overlap window for high-volume setups. The Asian session (00:00–07:00 local) should be avoided as spreads widen significantly — up to 0.5 pips or more. Paraguay has no major public holidays that affect global NASDAQ liquidity, but note that US holidays (like Independence Day or Thanksgiving) can reduce volume and widen spreads. Always check the economic calendar in your local timezone before planning trades.
Economic calendar - NASDAQ
Execution & slippage - Paraguay
Paraguay's internet infrastructure has improved significantly, but traders in rural areas may experience latency up to 100-150ms to broker servers. For Paraguay traders, the recommended server location is New York (NY4) for NASDAQ trading, as it hosts the exchange's primary data feeds and offers the lowest latency for US index CFDs. Estimated ping from Asunción to New York servers is around 60-80ms under stable fiber connections, which is acceptable for swing trading but borderline for scalping. Paraguay traders who scalp NASDAQ should invest in a VPS (Virtual Private Server) located in New York or London to reduce latency to under 5ms — a VPS costs $10-30/month and is highly recommended for active Paraguay traders. Pepperstone offers the best execution for Paraguay traders with its low-latency ECN infrastructure and multiple server locations. Always test your broker's demo account during Paraguay's local business hours to measure real slippage before depositing real USD.
Islamic accounts & swap fees - Paraguay
Paraguay is predominantly Christian (approximately 90%), with a small Muslim minority. For Muslim Paraguay traders, Islamic (swap-free) accounts are available from several brokers on this list — Pepperstone and Exness offer genuine swap-free NASDAQ trading with no hidden admin fees, compliant with FCA/ASIC/CySEC guidelines. For a Paraguay trader with a $1,000 account using 1:100 leverage on a 0.1 lot NASDAQ position, the overnight swap cost is approximately $0.50 USD per night (long) or $0.30 USD (short), depending on interest rates. Non-Muslim Paraguay traders can minimize swap costs by closing all positions before the daily rollover at 17:00 New York time (21:00 UTC), which is 22:00 local time in Paraguay. Always check your broker's swap rates in the contract specifications — some brokers charge triple swap on Wednesday nights. For long-term NASDAQ holders, consider using a swap-free account even if you are not Muslim, as it eliminates carry costs entirely.
Related guides for Paraguay traders
More Paraguay broker guides
FAQ - Lowest NASDAQ Spread Brokers in Paraguay
Which broker has the lowest NASDAQ spread in Paraguay in 2026?+
Is NASDAQ trading legal in Paraguay?+
What is the best time to trade NASDAQ from Paraguay?+
Do forex brokers offer Islamic accounts for NASDAQ trading in Paraguay?+
How do I deposit money to a forex broker from Paraguay?+
What is the maximum leverage for NASDAQ 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.