The best brokers in Paraguay to invest in the stock market in 2023

If you want to start as a Trader from Paraguay you are surely wondering which is the best broker so that you execute your operations and obtain the best profits in the market. This decision is one of the most important, so today I will tell you which are our recommended brokers in Paraguay.

Capitalix

We will start with one of the best brokers in Paraguay, since among its main functions is personalized multi-language support, available 5 days on which the stock market operates, 24 hours a day.

This service will be exceptional, since, as Latinos, we need to solve our doubts in our native language, and you can solve them either by phone call, email or live chat.

Capitalix is ​​a broker regulated by the FSA, making it extremely secure, in addition to the fact that the company's funds and those of the clients are totally separated, so your transactions will be protected with the highest security standards.

In addition, it has insurance to protect against negative balances, an excellent tool with which Capitalix protects all its clients.

SEE CAPITALIX REVIEW

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Equiity is one of the best brokers with which you can access its more than 200 assets to operate safely, including CFDs on shares, currencies, raw materials, indices and Cryptocurrencies.

With all these options available, you will be able to choose the one that suits your goals, also making use of the tools offered by the broker, which are intuitive enough for amateur traders, but powerful enough for professionals.

With its tools you will be able to analyze your expectations using advanced graphs, performance analysis of the most popular assets in the world; and with its leverage options you can increase your chance of profit.

SEE EQUIITY REVIEW

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XTB

The next of our recommended brokers is XTB, one of the most reputable brokers internationally and that has grown exponentially, with more than 5800 instruments available, including stock indices, currencies, shares and raw materials.

It is also especially recommended for its training in video blog format for all levels.

SEE XTB REVIEW

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eToro

We can't stop talking about eToro as one of the best platforms to invest in the stock market, thanks to its great global reach, being a reliable and safe option for more than 25 million users worldwide.

eToro offers an innovative way to invest in the market in its more than 16 years of history, offering an excellent multi-asset investment platform.

SEE ETORO REVIEW

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What are brokers?

Brokers are a platform that allows executing trading operations, which offer their clients analysis tools, charts, indicators, economic news and price histories so that traders can make their decisions.

A broker is an authorized financial organization, which has the power to execute the orders of the traders in the market.

What platforms to invest in the stock market?

If you want to invest in the online stock market, you must take into account that you need a broker which executes your operations, so you will be their client and you must pay some type of commission.

Although, you are the one who places the orders in the market, you need an intermediary to execute them, and regardless of whether you make a profit or not, you must pay a commission to the platform you used as an intermediary.

The best platforms to invest in the stock market are those that provide you with technical analysis and the necessary security support to protect your funds.

Broker Types

There are a large number of brokers, mainly because there are some specialized in different assets, among which we find:

• Stock Broker
• futures broker
• forex broker
• options broker
• fund broker
• Multi Broker
• Online Broker

Best platforms for trading

It is important that to understand the information in our broker comparator, you know that a platform is the one under which it is supported, and the integrated support for different operations in the market depends on the one used.

The best-known platforms on the market are:

Ninjatrader: Specialized in the foreign exchange and futures market.

MetaTrader: the best platform to invest in Forex.

NAGA: An extremely complete platform.

ProRealTime: Multi-broker platform.

How to choose the best broker?

To choose the best broker you must take into account the following indicators:

• Possibility to open a demo account
• Educational resources of various levels
• Low commission charges
• If it has an international regulation
• User-friendly platform
• Technical support in your language
• A large number of indicators to make decisions

Which is the safest?

Security is essential to choose which are the best brokers in Paraguay, and in this sense, you should visualize the main factors:

• That it has a local or international regulation of a high level.
• That it has a separation of funds between those of the company and the clients.
• Your information must be clear and transparent.

Forex market hours

The Forex hours in Paraguay depend on the Stock Market we are talking about, but if you want to invest in the most important in the world, such as the New York Stock Exchange, the hours depend on the hours that are in progress in the United States.

During summer time the market opens on Sundays at 6 PM and closes on Fridays at 6 PM

While during winter hours in the United States, the Stock Exchange opens on Sundays at 7 PM and Fridays at 7 PM