What should I look for when choosing a forex broker?

Focus on regulation (FCA, ASIC, CySEC), spreads and commissions, execution speed, leverage offered, and platform choice (MT4/MT5). Our ranking weights these factors algorithmically.

What is a good spread for forex trading?

Competitive EUR/USD spreads are below 1 pip on standard accounts and 0.1–0.3 pips on raw/ECN accounts. Brokers with tight spreads but commission charges often work out cheaper for active traders.

Is forex trading safe?

Forex is legal and safe when traded through a regulated broker. Look for brokers regulated by Tier-1 regulators such as the FCA (UK), ASIC (Australia), or CySEC (EU). Avoid unregulated offshore brokers.

What is the minimum deposit to trade forex in Guatemala?

23 brokers on this list accept traders from Guatemala with no minimum deposit ($0). The lowest non-zero minimum deposit among brokers available in Guatemala is $1. For better risk management and position sizing, most experts recommend starting with at least $100–$200 regardless of the broker's minimum.

Which is the top-rated broker in this list for 2026?

Based on our scoring algorithm, Interactive Brokers currently ranks #1 with a score of 4.4/5. Scores are recalculated every 24 hours as broker data changes.

Best Forex Brokers in Guatemala 2026 — Expert Rankings

What to Look For in Forex Brokers in Guatemala

When selecting a Forex broker in Guatemala, regulatory compliance is paramount. The brokerage should be regulated by reputable international bodies such as the Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC). This ensures robust protection of client funds and adherence to fair trading practices. For Guatemalan traders, partnering with a well-regulated broker mitigates the risks associated with forex trading.

Another crucial factor is the cost structure, which includes spreads, commissions, and any additional fees. Competitive pricing is essential for maximising profitability, particularly for active traders. It's important to review the broker’s fee schedule thoroughly to avoid unexpected charges. Guatemalan traders should look for brokers offering transparent fee structures and low spreads.

Trading platform quality and accessibility are also vital. Brokers should offer robust, user-friendly platforms with advanced charting tools, technical indicators, and support for automated trading. Additionally, mobile trading capabilities are essential for traders who need to manage positions on the go. A seamless platform experience can significantly enhance trading efficiency and performance.

How We Rank Forex Brokers in Guatemala

Our methodology for ranking Forex brokers in Guatemala is comprehensive and focused on delivering the most accurate and relevant information. We allocate 25% of the score to regulation, as it is crucial for ensuring a broker's credibility and the safety of client funds. Fees account for 20% of the score, reflecting the importance of cost-effective trading. We also evaluate the quality and functionality of trading platforms, which contributes 15% to the overall score.

In addition to these factors, we consider the range of markets available, which makes up 10% of the score, and the broker’s trustworthiness, also accounting for 15%. User experience, encompassing the ease of account setup, customer support, and website usability, contributes the final 15% to the score. This methodology ensures a balanced and thorough assessment, helping Guatemalan traders make informed decisions.

Top Picks at a Glance

Interactive Brokers: Known for its comprehensive market access and competitive pricing, Interactive Brokers offers Guatemalan traders a broad spectrum of investment opportunities with low trading costs.
Forex.com: Forex.com stands out for its exceptional educational resources and advanced trading tools, making it an ideal choice for both novice and experienced traders in Guatemala.
IG Group: With a robust trading platform and extensive market offerings, IG Group ensures a seamless trading experience, backed by strong regulatory oversight.
Vantage: Vantage excels in providing excellent customer service and a user-friendly trading environment, perfect for traders looking to enhance their trading strategies.
Pepperstone: Renowned for its fast execution speeds and competitive spreads, Pepperstone is a preferred choice for Guatemalan traders seeking high-performance trading conditions.

Best Forex Brokers in Guatemala 2026

Interactive Brokers

Forex.com

IG Group

FxPro

Pepperstone

OANDA

City Index

CMC Markets

XM

eToro

Saxo Bank

Plus500

AvaTrade

Capital.com

BlackBull Markets

ThinkMarkets

FBS

IC Markets

Vantage Markets

FP Markets

XTB

ForTrade

Swissquote

HFM

Admiral Markets

Exness

Deriv

Markets.com

Phillip Capital

IronFX

Dukascopy

Libertex

FXCM

FxOpen

Exante

Axi

Eightcap

EasyMarkets

MultiBank Group

InstaForex

FXTM

Webull

Trading 212

Fusion Markets

ActivTrades

Octa

NAGA

Moneta Markets

Purple Trading

Skilling

Fineco Bank

TMGM

HYCM

Aetos Capital

LiteFinance

Phillip Nova

LYNX Broker

Binance

Spreadex

Just2Trade

VT Markets

Freedom Finance

Tickmill

GO Markets

OCBC Securities

UOB Kay Hian

KGI Securities

CIMB Securities

Blueberry Markets

Equiti

ACY Securities

Capital Index

Amana Capital

Windsor Brokers

BDSwiss

FXGT

Valutrades

JustMarkets

Orbex