6 Best Forex Brokers in Guatemala
Last Update: June 26th, 2024
The 6 Best Forex Brokers in Guatemala – Rated and Reviewed. We have listed the Best Forex Brokers accepting Traders in Guatamala.
In this in-depth guide, you will learn:
- The Best Forex Brokers in Guatemala – a List
- Is Forex Trading Legal in Guatemala?
- The Best International Forex Brokers Accepting Guatemalan Traders
- The Best Forex Brokers for Beginners and Foreigners
and much, MUCH more!
6 Best Forex Brokers in Guatemala – a Comparison
🔎 Broker | 🚀Open an Account | 🤝 Accepts Local Traders | 💷 Min. Deposit (GTQ) |
🥇 Moneta Markets | 👉 Click Here | ✅Yes | 387,47 |
🥈 GO Markets | 👉 Click Here | ✅Yes | 1549,87 |
🥉FP Markets | 👉 Click Here | ✅Yes | 512,46 |
🏅Tickmill | 👉 Click Here | ✅Yes | 774,93 |
🎖️ Vantage | 👉 Click Here | ✅Yes | 387,47 |
🥇 Pepperstone | 👉 Click Here | ✅Yes | 1024,93 |
6 Best Forex Brokers in Guatemala (2024)
- ☑️ Moneta Markets – Overall, The Best Forex Broker in Guatemala
- ☑️ GO Markets – Popular Forex Broker for Beginners in El Salvador
- ☑️ FP Markets – The Best Overall Trading Experience
- ☑️ Tickmill – The Best MetaTrader Forex Brokers
- ☑️ Vantage – Low GTQ Minimum Deposit
- ☑️ Pepperstone – Leading Broker for Active and Established Traders
Moneta Markets
Moneta Markets is a renowned Forex and CFD Service provider. Regulations by acclaimed and trusted agencies include the FSCA, FSA Seychelles, CIMA, and, ASIC. Accounts available include Direct STP, Prime ECN, and Ultra ECN Accounts. Moreover, a Demo Account is available. Notable factors and features to consider include:
- Spreads from 0.0 Pips
- Leverage of up to 1:1000
- Access to over 40 Currency Pairs
- 50 USD Minimum Deposit
- No inactivity Fee is charged
- 24/5 Customer Support
- Multiple Base Currencies, including AUD, USD, and, GBP
Trading instruments and Products include Forex, commodities, indices, shares, ETFs, bonds, and, cryptocurrencies. Moneta Markets supports PRO Trader, App Trader, MT4, MT5, and, CopyTrader.
🔎 Broker | 🥇 Moneta Markets |
📈 Established Year | 2019 |
📉 Regulation and Licenses | FSCA, FSA Seychelles, CIMA, ASIC |
📊 Ease of Use Rating | 4/5 |
🎁 Bonuses | ✅Yes |
⏰ Support Hours | 24/5 |
🖱️ Trading Platforms | PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, CopyTrader App |
📌 Account Types | Direct STP, Prime ECN, Ultra ECN |
💴 Base Currencies | AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, BRL |
📍 Spreads | From 0.0 pips |
💹 Leverage | 1:1000 |
💵 Currency Pairs | 44; major, minor, and exotic pairs |
💶 Minimum Deposit | 50 USD |
💷 Inactivity Fee | None |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
1,000+ tradable assets, including forex | Some account types may have volume constraints |
Multilingual support | Limited Education |
Tight Spreads | No Negative Balance Protection |
No deposit or withdrawal fees | Inconsistencies reported in customer support quality. |
Strong Regulation | Limited Product Range |
MetaTrader 4 and 5 | Limited Account Types |
Our Insights
The benefits of trading with Moneta Markets include access to Competitive spreads and commissions.
GO Markets
GO Markets is a Leading Forex and CFD Brokerage. Regulations by acclaimed and trusted agencies include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. Live Trading Accounts available include Standard and GO+ Plus. Additionally, a Demo Account is available. Notable factors and features include:
- 200 USD Minimum Deposit
- Access to over 50 Currency Pairs
- No Inactivity Fee is Charged
- Multiple Base Currencies, including AUD and USD
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- 24/5 Customer Support
Trading Instruments include Forex, shares, indices, metals, commodities, and, Cryptocurrencies. GO Markets support MetaTrader 4, MetaTrader 5, and, cTrader.
🔎 Broker | 🥇 GO Markets |
💴 Minimum Deposit | 200 USD |
💵 Inactivity Fee | None |
📈 Spreads | From 0.0 pips |
📉 Leverage | 1:500 |
🪙 Currency Pairs | 50+; minor, major, exotic pairs |
⏰ Support Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Competitive Spreads | Not FCA Regulated |
Our Insights
The benefits of Trading with GO Markets include Free Deposits and Withdrawals.
FP Markets
FP Markets is a prominent and highly regulated Forex and CFD Broker. Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC. Live Trading Accounts include Standard, Raw, Islamic Standard, and, Islamic Raw. Moreover, a Demo Account is available. Notable factors and features include:
- A Wide Range of Trusted Deposit Options
- Access to Webinars and Seminars
- Multiple Base Currencies, including JPY and SGD
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- AU$ 100 Minimum Deposit
- 24/7 Customer Support
FP Markets support MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. In addition, an FP Markets Mobile app is available. Trading instruments and Products include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds.
🔎 Broker | 🥇 FP Markets |
💴 Minimum Deposit | AU$100 |
💵 Inactivity Fee | None |
📈 Spreads | From 0.0 pips |
📉 Leverage | 1:500 |
💶 Currency Pairs | Major, Minor, Exotic |
📌 Regulations | ASIC, CySEC, FSCA, FSA, FSC |
5️⃣ Ease of Use Rating | 4/5 |
🎁 Bonuses | None |
⏰ Support Hours | 24/7 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
FP Markets is regulated in several regions | There are limited instruments offered |
MetaTrader, cTrader, and IRESS are available | research tools are not extensive |
Tight Spreads | Withdrawal fees apply |
There are low forex fees | No sign-up or no-deposit bonus |
Our Insights
The Benefits of trading with FP Markets include access to in-depth technical analysis via video courses, seminars, and eBooks.
Tickmill
Tickmill is a Highly Regulated Forex and CFD Broker. Regulations and Licenses include the Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Accounts available are VIP, Classic, and, Pro Accounts. In addition, Islamic, Swap-Free, and Demo Accounts are available. Notable factors and features include:
- USD, EUR, GBP, and, PLN Base Currencies
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- Access to over 60 Currency Pairs
- 100 USD Minimum Deposit
- No Inactivity Fee is Charged
Trading instruments and Products include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs. Tickmill supports MT4 and MT5. Moreover, a Proprietary Mobile App is available.
🔎 Broker | 🥇 Tickmill |
💴 Minimum Deposit | $100 |
💵 Inactivity Fee | None |
📈 Spreads | From 0.0 pips on the Pro and VIP Accounts |
📉 Leverage | 1:500 |
💶 Currency Pairs | 62, major, minor, and exotic pairs |
📊 Scalping | ✅Yes |
💹 Hedging | ✅Yes |
🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, Tickmill App |
⏰ Support Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
MetaTrader 4 and MetaTrader 5 | Limited range of instruments |
Pro account with minimal commissions | Limited Trading Platforms |
Our Insights
The benefits of trading with Tickmill include access to several Educational and Instructional Resources.
Vantage
Vantage is a popular and prominent Forex and CFD Broker. License and Regulations include
include CIMA, VFSC, FSCA, and, ASIC. Live Trading Accounts include Standard STP, Raw ECN, and, PRO ECN. Moreover, a Demo Account is available. Notable factors and features to consider include:
- Access to Copy and Social Trading
- Multiple Trusted Deposit Options
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- Low 50 USD Minimum Deposit
- 24/5 Customer Support
- No Inactivity Fee is Charged
Trading instruments include Forex, indices, metals, soft commodities, energies, ETFs, share CFDs, and, bonds. Vantage supports MetaTrader 4, MetaTrader 5, ProTrader, Vantage App, Vantage Copy Trading, ZuluTrade, DupliTrade, and, Myfxbook AutoTrade.
🔍 Broker | 🥇 Vantage Markets |
💵 Minimum Deposit | 50 USD |
4️⃣ Ease of use Rating | 4/5 |
🎁 Bonuses | ✅ Yes |
⏰ Support Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Vantage Markets provides narrow spreads on its ECN accounts, which could lower trading expenses | Some payment methods, notably international bank transfers, might incur withdrawal fees |
Their technology is designed to provide fast transaction execution while minimizing slippage in turbulent markets | Some services and product offers may be restricted based on your location due to legislative limits |
Traders can use webinars, market analysis, and other instructional resources | Share CFD trading expenses on Vantage Markets could be higher than those of certain rivals |
Our Insights
The benefits of trading with Vantage include narrow spreads on its ECN accounts and fast transaction execution.
Pepperstone
Pepperstone is amongst the highest regulated and trusted Forex Service Providers. License and Regulations include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. Live Trading Accounts include Standard and Razor Accounts. Moreover, Islamic, Swap-Free, and Demo Options are available. In addition, notable Factors and Features include:
- 24/7 Multilingual Customer Support
- USD and GBP Base Currencies
- Spreads from 0.0 Pips
- Leverage of up to 1:500 on the Pro Account
- Access to over 70 Currency Pairs
- No Inactivity Fee is Charged
- AU$ 200 Minimum Deposit
Trading instruments and Products include Forex, commodities, indices, currency indices, cryptocurrencies, shares, and, ETFs. Pepperstone supports TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai. Moreover, a Proprietary Mobile App is available.
🔎 Broker | 🥇 Pepperstone |
💴 Minimum Deposit | AU$200 |
📈 Account Types | Standard Account, Razor Account |
💵 Base Currencies | USD, GBP |
📉 Spreads | From 0.0 pips EUR/USD on the Razor Account |
📊 Leverage | 1:500 (Pro), 1:200 (Retail) |
💶 Currency Pairs | 70, minor, major, and exotic pairs |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Fully digital account opening | Mostly CFDs offered |
Great customer service | Basic Trading Platforms |
Our Insights
The benefits of trading with Pepperstone include a quick and easy account setup process.
Is Forex Trading Legal in Guatemala?
Forex Trading in Guatemala is Legal and available without restriction. Moreover, it is governed by the Guatemalan Central Bank.
In Conclusion
Forex Trading in Guatemala is Legal. In addition, it is governed by the Guatemalan Central Bank. Moreover, several international Forex Brokers accept local traders.
Broker | Review | Regulators | Min Deposit | Website | |
---|---|---|---|---|---|
🥇 | ![]() | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker |
🥈 | ![]() | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker |
🥉 | ![]() | Read Review | FCA, FSCA, FSC, CMA | USD 10 | Visit Broker |
4 | ![]() | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
5 | ![]() | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker |
6 | ![]() | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker |
7 | ![]() | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker |
8 | ![]() | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker |
9 | ![]() | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker |
10 | ![]() | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Our Insights
While reviewing the Best Forex Brokers that accept Traders in Guatemalan, we found 6 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
You might also like:
- Moneta Markets Review
- GO Markets Review
- FP Markets Review
- Tickmill Review
- Vantage Review
- Pepperstone Review
Forex Trading in Guatemala is Legal and available without restriction.
The Guatemalan Central Bank.
The Guatemalan quetzal (GTQ).
Regulations include the FSCA, FSA Seychelles, CIMA, and, ASIC.
No Deposit or Withdrawal Fees are charged.
Deposit options accepted by FP Markets include Perfect Money, Neteller, and, Skrill.
Tickmill offers a variety of instructional resources, including webinars, seminars, eBooks, video lessons, and detailed market analysis.
The Vantage Minimum deposit is 50 USD.
Pepperstone offers Multilingual Customer support. Languages supported include Spanish and Russian.