Paredes started playing for Huracán SC. He was sought by
Guayaquil's
Barcelona a year later and signed a contract with them. He then moved on to
Deportivo Cuenca and was loaned out to
Rocafuerte of Ecuador's third division. He helped the team gain promotion to the second division for the 2008–09 season.
Deportivo Cuenca Paredes returned to Deportivo Cuenca for its
Copa Libertadores campaign. He has been linked for a move to Serie A. In 2010, he moved to
Deportivo Quito.
Deportivo Quito Paredes was bought off by
Deportivo Quito, where he played a few
Copa Libertadores games and eventually ended up becoming Champions of the
Ecuadorian Serie A in 2011, defeating
Emelec in Home and Away finals.
Barcelona Paredes, having impressed with his speed and ability, signed for
Guayaquil side
Barcelona for the 2013 Season. Typically playing as a
winger at his last club, in Barcelona he was mainly used as a right
fullback which gained him experience to be
Ecuador's starting fullback for numerous occasions.
Granada CF and Watford On 16 July 2014, it was confirmed that Paredes had moved to
Watford of the
Championship from
La Liga side
Granada, with both sides owned by the same family. Paredes had only moved to Granada earlier in the summer, suggesting it was a move that was designed to benefit the English club. Subject to obtaining a work permit and gaining international clearance, he signed a five-year deal with Watford.
Olympiacos Paredes was loaned to
Super League Greece champions
Olympiacos on 31 January 2017. ==International career==