The draw of the tournament was held on 1 November 2017, 19:00 UYT (UTC−3), at the headquarters of the Uruguayan Football Association in Montevideo.

The hosts Uruguay and the defending champions Colombia were seeded into Groups A and B respectively, while the remaining teams were placed into four "pairing pots" according to their results in the 2015 Copa América Femenina de Futsal (if they did not participate, a statistical ranking of earlier tournaments were used for seeding): Chile–Argentina, Paraguay–Peru, Brazil–Venezuela, Bolivia–Ecuador.

[3] Each team had to submit a squad of 14 players, including a minimum of two goalkeepers (Regulations Article 4.1).

If tied on points, tiebreakers are applied in the following order (Regulations Article 6.2):[4] All times are local, UYT (UTC−3).

In the semi-finals and final, extra time and penalty shoot-out are used to decide the winner if necessary.