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6 Best Forex Brokers in Guatemala

Edited by: Louis Schoeman

Guatemala

 

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

 

6 Best Forex Brokers in Guatemala – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Local Traders💷 Min. Deposit (GTQ)
🥇 Moneta Markets👉 Click Here✅Yes387,47
🥈 GO Markets👉 Click Here✅Yes1549,87
🥉FP Markets👉 Click Here✅Yes512,46
🏅Tickmill👉 Click Here✅Yes774,93
🎖️ Vantage👉 Click Here✅Yes387,47
🥇 Pepperstone👉 Click Here✅Yes1024,93

 

6 Best Forex Brokers in Guatemala (2024)

 

  1. ☑️ Moneta Markets – Overall, The Best Forex Broker in Guatemala
  2. ☑️ GO Markets – Popular Forex Broker for Beginners in El Salvador
  3. ☑️ FP Markets – The Best Overall Trading Experience
  4. ☑️ Tickmill – The Best MetaTrader Forex Brokers
  5. ☑️ Vantage – Low GTQ Minimum Deposit
  6. ☑️ Pepperstone – Leading Broker for Active and Established Traders

 

Moneta Markets Review

 

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 Year2019
📉 Regulation and LicensesFSCA, FSA Seychelles, CIMA, ASIC
📊 Ease of Use Rating4/5
🎁 Bonuses✅Yes
⏰ Support Hours24/5
🖱️ Trading PlatformsPRO Trader, App Trader, MetaTrader 4, MetaTrader 5, CopyTrader App
📌 Account TypesDirect STP, Prime ECN, Ultra ECN
💴 Base CurrenciesAUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, BRL
📍 SpreadsFrom 0.0 pips
💹 Leverage1:1000
💵 Currency Pairs44; major, minor, and exotic pairs
💶 Minimum Deposit50 USD
💷 Inactivity FeeNone
🚀 Open an Account👉 Click Here

 

Moneta Markets Review

 

Pros and Cons

 

✅ Pros❌ Cons
1,000+ tradable assets, including forexSome account types may have volume constraints
Multilingual supportLimited Education
Tight SpreadsNo Negative Balance Protection
No deposit or withdrawal feesInconsistencies reported in customer support quality.
Strong RegulationLimited Product Range
MetaTrader 4 and 5Limited Account Types

 

Our Insights

The benefits of trading with Moneta Markets include access to Competitive spreads and commissions.

 

Go Markets Broker Review

 

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 Deposit200 USD
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
🪙 Currency Pairs50+; minor, major, exotic pairs
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

GO Markets Review

 

Pros and Cons

 

✅ Pros❌ Cons
Competitive SpreadsNot FCA Regulated

 

Our Insights

The benefits of Trading with GO Markets include Free Deposits and Withdrawals.

 

FP Markets

 

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 DepositAU$100
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
💶 Currency PairsMajor, Minor, Exotic
📌 RegulationsASIC, CySEC, FSCA, FSA, FSC
5️⃣ Ease of Use Rating4/5
🎁 BonusesNone
⏰ Support Hours24/7
🚀 Open an Account👉 Click Here

 

FP Markets

 

Pros and Cons

 

✅ Pros❌ Cons
FP Markets is regulated in several regionsThere are limited instruments offered
MetaTrader, cTrader, and IRESS are availableresearch tools are not extensive
Tight Spreads Withdrawal fees apply
There are low forex feesNo 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 Review

 

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 FeeNone
📈 SpreadsFrom 0.0 pips on the Pro and VIP Accounts
📉 Leverage1:500
💶 Currency Pairs62, major, minor, and exotic pairs
📊 Scalping✅Yes
💹 Hedging✅Yes
🖱️ Trading PlatformsMetaTrader 4, MetaTrader 5, Tickmill App
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

Tickmill Overview

 

Pros and Cons

 

✅ Pros❌ Cons
MetaTrader 4 and MetaTrader 5Limited range of instruments
Pro account with minimal commissionsLimited Trading Platforms

 

Our Insights

The benefits of trading with Tickmill include access to several Educational and Instructional Resources.

 

 

Vantage Review

 

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 Deposit50 USD
4️⃣ Ease of use Rating4/5
🎁 Bonuses✅ Yes
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here

 

Vantage Markets Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Vantage Markets provides narrow spreads on its ECN accounts, which could lower trading expensesSome payment methods, notably international bank transfers, might incur withdrawal fees
Their technology is designed to provide fast transaction execution while minimizing slippage in turbulent marketsSome services and product offers may be restricted based on your location due to legislative limits
Traders can use webinars, market analysis, and other instructional resourcesShare 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

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 DepositAU$200
📈 Account TypesStandard Account, Razor Account
💵 Base CurrenciesUSD, GBP
📉 SpreadsFrom 0.0 pips EUR/USD on the Razor Account
📊 Leverage1:500 (Pro), 1:200 (Retail)
💶 Currency Pairs70, minor, major, and exotic pairs
🚀 Open an Account
👉 Click Here

 

Pepperstone

 

Pros and Cons

 

✅ Pros❌ Cons
Fully digital account openingMostly CFDs offered
Great customer serviceBasic Trading Platforms

 

Our Insights

The benefits of trading with Pepperstone include a quick and easy account setup process.

 

Forex in Guatemala

 

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.

 

Is Forex Trading Legal in Guatemala?

 

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.

 

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker
🥈Read ReviewFSCA, IFSC, ASIC, CySEC, DFSA, FCAUSD 5Visit Broker
🥉Read ReviewFCA, FSCA, FSC, CMAUSD 200Visit Broker
4Read ReviewASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBUSD 200Visit Broker
5Read ReviewFSC, FSA, VFSCUSD 10Visit Broker
6Read ReviewCySEC, MISA, FSCAUSD 25Visit Broker
7Read ReviewCySEC, FCA, FSA, FSCA, Labuan FSAUSD 100Visit Broker
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit 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.

 

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Faq

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.

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