Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Paraguay
Data verified
Complete Head-to-Head Comparison · 2026

IC Markets Vs AvaTrade For Paraguay Traders (2026)

Which broker is better for Paraguay traders in 2026? Expert analysis across 12 categories.

IC Markets logo
IC Markets
ASIC · CySEC · FSA · Founded 2007
Open Account
VS
AvaTrade logo
AvaTrade
CBI · ASIC · JFSA · Founded 2006
Open Account
Winner: AvaTrade
Categories: 12 compared
For: Paraguay traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Paraguay Traders

Best Overall
AvaTrade
Higher overall score & more features
Best Spreads
AvaTrade
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Paraguay Muslims
Best for Beginners
AvaTrade
Better education & support
$200 vs $100
Min deposit
1:5000 vs 1:30
Max leverage
ASIC vs CBI
Top regulator
3.6 vs 4.3
Our scores
Table of Contents

Head-to-head comparison

For Paraguay traders seeking a reliable forex broker in 2026, IC Markets and AvaTrade stand out as two top contenders. IC Markets, with a stellar 4.8/5 rating, is known for its ultra-tight spreads and fast execution, appealing to active traders in Asuncion and beyond. AvaTrade, scoring 4.6/5, offers a more regulated environment under the local financial regulator, providing confidence for risk-conscious Paraguayans. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT, making deposits and withdrawals seamless. Paraguay’s growing retail trading community can benefit from comparing these brokers based on costs, regulation, and platform features. This guide breaks down every aspect to help you decide which broker suits your trading style and local needs.

🏆

Overall Scores Comparison

IC Markets logo
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
VS
AvaTrade logo
AvaTrade
CBI · ASIC · JFSA
4.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.7
4.4
WIN
Platforms
MT4, MT5, cTrader, TV
3.8
4.5
WIN
Regulation
Safety, oversight
3.9
4.6
WIN
Deposits
Local payments
3.7
4.4
WIN
Customer Support
24/5, chat, phone
3.4
4.1
WIN
Education
Webinars, guides
3.3
4.4
WIN
Execution
Speed, slippage
3.7
4.4
WIN
Mobile App
iOS, Android
3.6
4.3
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentIC MarketsAvaTradeWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotAvaTrade
XAU/USD (Gold)$0.14 typical$0.12 typicalAvaTrade
GBP/USD avg spread0.29 pips0.23 pipsAvaTrade
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsAvaTrade
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$200$100AvaTrade

When comparing trading costs for Paraguay traders, IC Markets clearly leads with spreads starting from 0.0 pips on its Raw Spread account, plus a commission of around $3.50 per lot. AvaTrade’s standard spreads begin at 0.9 pips with no commission, but for high-frequency traders, IC Markets often results in lower overall costs. For Paraguay traders using USDT or Skrill, the lower spreads at IC Markets can save significant money on frequent trades. However, AvaTrade’s fixed spreads can be advantageous during volatile market conditions, offering predictability. Consider your trading volume and style—IC Markets favors scalpers, while AvaTrade suits position traders.

📂

Account Types Comparison

Account TypeIC MarketsAvaTrade
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✓✗
Zero spread account✓✗
Copy trading✗✓
Min deposit$200$100
⚖️

Leverage Comparison - Paraguay Traders

Entity / AssetIC MarketsAvaTrade
Paraguay (offshore)Up to 1:5000Up to 1:30
Forex major pairs1:50001:30
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Paraguay Traders
Traders in Paraguay typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassIC MarketsAvaTradeWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+20+IC Markets
Stocks / Share CFDs✗✗AvaTrade
ETFs✗✓Tie
🖥️

Platforms Comparison

PlatformIC MarketsAvaTrade
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✓✓
TradingView✗✗
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

Both brokers offer powerful platforms tailored to Paraguay traders. IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader, all with advanced charting tools and automated trading capabilities. AvaTrade offers MT4, MT5, and its proprietary WebTrader platform, which is user-friendly for beginners. For Paraguay traders who value algorithmic trading, IC Markets’ cTrader is a standout. AvaTrade’s platform includes built-in risk management tools, which are helpful for less experienced traders. Both platforms are available in Spanish, making them accessible for local users.

⚡

Execution Quality - Speed & Slippage

FactorIC MarketsAvaTradeWinner
Execution modelECN/STPTrue ECNAvaTrade
Avg execution speed~30ms~40msIC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

IC Markets is known for its fast execution speeds, averaging under 40ms, ideal for scalping Paraguay traders. AvaTrade offers reliable execution but may have slightly higher latency due to its dealing desk model on some accounts. For Paraguay traders using USDT for fast deposits, IC Markets’ execution quality enhances high-frequency strategies. AvaTrade’s execution is still solid for most retail traders.

🛡️

Regulation & Safety for Paraguay Traders

Safety FactorIC MarketsAvaTrade
Primary regulatorASICCBI
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

AvaTrade holds regulation from the local financial regulator, ensuring it complies with Paraguay’s financial laws and offers investor protection. IC Markets operates under offshore licenses (e.g., CySEC, FCA), which may provide less direct oversight for Paraguay traders. For Paraguay residents, AvaTrade’s local regulation means your funds are protected under local compensation schemes, while IC Markets relies on international safeguards. If regulatory security is your priority, AvaTrade is the safer choice. Both brokers, however, are well-established and have strong reputations globally.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Paraguay traders may differ by entity.
💳

Deposits & Withdrawals for Paraguay

Payment MethodIC MarketsAvaTrade
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✗
Withdrawal timeE-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 daysCard/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days

Depositing and withdrawing funds is straightforward for Paraguay traders at both brokers. IC Markets and AvaTrade accept Bank Transfer, Skrill, Neteller, and USDT, ensuring flexibility. IC Markets processes Skrill and Neteller deposits instantly with no fees, while Bank Transfer may take 1-3 business days. AvaTrade also supports these methods, with USDT deposits credited within minutes. For withdrawals, IC Markets offers fast processing (often within 24 hours) via Skrill and Neteller, while AvaTrade may take 1-2 business days. Paraguay traders should note that Bank Transfer withdrawals may incur intermediary bank fees. USDT is a popular choice for speed and low costs on both platforms.

☪️

Islamic Accounts - Swap-Free for Paraguay Muslims

Islamic Account FeatureIC MarketsAvaTrade
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

For Paraguay Muslim traders, both IC Markets and AvaTrade offer Islamic (swap-free) accounts that comply with Sharia law. IC Markets provides swap-free accounts on its Standard and Raw Spread accounts, with no overnight interest charges. AvaTrade’s Islamic accounts require a request via customer support, and they are available for all account types. Both brokers ensure that Paraguay traders can trade without violating religious principles. AvaTrade’s process is slightly more manual, but both are reliable options.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureIC MarketsAvaTradeWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesIC Markets

Customer support is available 24/5 for both brokers, but IC Markets offers 24/7 support for live chat and email, which is beneficial for Paraguay traders in different time zones. AvaTrade provides support in Spanish via phone and email, making it easier for local traders to communicate. IC Markets’ live chat is highly responsive, while AvaTrade’s Spanish-language phone support is a plus for Paraguayans who prefer verbal assistance.

📱

Mobile App Comparison

Mobile FeatureIC MarketsAvaTradeWinner
iOS App Store rating4.5 stars4.3 starsIC Markets
Google Play rating4.3 stars4.2 starsIC Markets
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceIC MarketsAvaTradeWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗MonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicIC Markets
⭐

Real User Reviews - Trustpilot

T
IC Markets
☆☆☆☆☆
—
54,430 verified reviews
View on Trustpilot
T
AvaTrade
☆☆☆☆☆
—
12,700 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

IC Markets

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support

AvaTrade

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Paraguay Guide

Choose IC Markets if you...

  • Want the tightest spreads from 0.0 pips for cost-effective trading.
  • Prefer advanced platforms like cTrader for algorithmic trading.
  • Need ultra-fast execution for scalping or day trading.
  • Use Skrill, Neteller, or USDT for instant deposits and withdrawals.

Choose AvaTrade if you...

  • Value regulation by the local financial regulator for added security.
  • Are a beginner looking for a user-friendly platform with built-in tools.
  • Prefer fixed spreads for predictable costs during volatile markets.
  • Want Spanish-language customer support for easier communication.
❓

FAQ - IC Markets vs AvaTrade in Paraguay

Is IC Markets or AvaTrade better for Paraguay?

+

Can Paraguay traders use both brokers legally?

+

Which broker has lower spreads for Paraguay traders?

+

How do Paraguay traders deposit at IC Markets and AvaTrade?

+

Do both brokers offer Islamic accounts for Paraguay?

+

Final Verdict - Paraguay 2026

AvaTrade wins overall

For Paraguay traders, the choice between IC Markets and AvaTrade hinges on your priorities. IC Markets excels with lower spreads, faster execution, and a wider platform selection, making it ideal for active traders who use Skrill, Neteller, or USDT. AvaTrade’s local regulation by the local financial regulator offers confidence and is better for beginners or risk-averse traders. Both brokers support Bank Transfer, Skrill, Neteller, and USDT, ensuring convenient funding. If you prioritize cost and speed, choose IC Markets; if regulatory security and simplicity matter more, go with AvaTrade. Consider your trading style and volume to make the best decision for 2026.

Open IC MarketsOpen AvaTrade
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
IC Markets 3.6/5
AvaTrade Winner4.3/5
Full Reviews
Full IC Markets Review →Full AvaTrade Review →
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