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Exness
FCA (UK)Up to 90% Daily Spread Rebates
Earn up to 90% of spread/commission back daily via partner codes. Premier clients earn 200-600 EXD.
Verified Jun 15, 2026
Best MAM Account Forex Brokers in Brazil
Last updated July 30, 2026
The top regulated brokers offering MAM Account accounts to Brazil traders — compared on spreads, fees, regulators, and minimum deposit.
How We Ranked
Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.
Regulated by CVM (Comissão de Valores Mobiliários), Banco CentralLocal deposits: PIX, Boleto BancárioAccounts in BRL (Brazilian Real)
Written by
BrokerAnalysis Research Desk
Fact Checked by
BrokerAnalysis Editorial Team
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Last reviewed:
•By:BrokerAnalysis Research Desk
•Fact-checked by:BrokerAnalysis Editorial Team
Our 2 top picks for MAM Account in Brazil
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.
#1 · Best for MAM Account in Brazil
IC Markets
Offers MAM AccountMin. deposit R$1,000
- Offers MAM Account
- Regulated: ASIC, CySEC, SCB
- Minimum deposit R$1,000
ASIC, CySEC, SCB
#2 · Best alternative
Pepperstone
Offers MAM AccountMin. deposit R$0
- Offers MAM Account
- Regulated: FCA, ASIC, CySEC
- Minimum deposit R$0
FCA, ASIC, CySEC
Why these two
Both brokers here are confirmed to offer MAM Account for Brazil traders — this list only includes brokers we've verified have this specific feature, not every broker that's generally popular in Brazil.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.
What are the best MAM account brokers in Brazil in 2026?
The best MAM brokers for Brazil in 2026 offer flexible allocation methods, institutional execution, real-time client reporting, and regulated multi-account management infrastructure.
MAM Account brokers for Brazil traders
MAM (Multi-Account Manager) brokers let professional traders and money managers in Brazil manage multiple client accounts from a single master account. Our current ranking starts with IC Markets where it is available, followed by Pepperstone, Exness, and RoboForex. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.
Country Offers
Browse All PromotionsAvailable offers for Brazil traders
Verified broker incentives that may be available in this market. We keep these below the core safety and pricing checks so the shortlist still feels editorial-first.
Cashback / Rebate
IC Markets
ASIC (Australia)Up to $2.50/Lot Rebate + 21% Comm Off
Raw Trader Plus rebate up to $2.50/lot. Save ~$1.50/lot with 21% lifetime commission discount.
Verified Jun 15, 2026
HFM
FCA (UK)100% Supercharged Bonus + Daily Rebates
100% SuperCharged bonus credit plus daily rebates on qualifying Forex and Gold volume.
Verified Jun 15, 2026
Brazil Trading Guide
Regulator
CVM (Comissão de Valores Mobiliários), Banco Central
Legal Status
Legal - International brokers commonly used
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Key Features for Brazilian Traders
| Broker | Link | ||
|---|---|---|---|
| IC Markets | $3.50/lot | R$1,000 | Open |
| Pepperstone | $3.50/lot | R$0 | Open |
| Exness | None | $10 | Open |
| RoboForex | None | R$50 | Open |
| HFM | None | R$0 | Open |
Quick Rankings
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Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.
IC Markets Review Summary
IC Markets provides true ECN execution with spreads from 0.0 pips. Excellent for scalpers.
Pros
- Regulation varies by entity
- Minimum deposit: R$1,000
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening
Pepperstone Review Summary
Pepperstone offers institutional-grade execution with spreads from 0.0 pips. FCA, ASIC, CySEC regulated.
Pros
- Regulation varies by entity
- Minimum deposit: R$0
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening
Exness Review Summary
Exness offers instant PIX deposits and withdrawals for Brazilian traders. Zero minimum deposit and raw spreads.
Pros
- Regulation varies by entity
- Minimum deposit: R$0
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening
RoboForex Review Summary
RoboForex accepts PIX and crypto payments with flexible leverage options. CopyFX social trading available.
Pros
- Regulation varies by entity
- Minimum deposit: R$50
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening
HFM Review Summary
HFM offers zero spread accounts with zero minimum deposit. FCA and CySEC regulated for strong protection.
Pros
- Regulation varies by entity
- Minimum deposit: R$0
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening
Frequently Asked Questions About MAM Account Forex Brokers in Brazil
Frequently Asked Questions
The best MAM brokers for Brazil in 2026 include IC Markets, Pepperstone, FP Markets, and Vantage — all offering flexible multi-account management with ECN execution.
MAM (Multi-Account Manager) gives the manager full trade control with flexible allocation. PAMM (Percentage Allocation Management Module) allocates profits/losses proportionally by equity. MAM offers more control; PAMM is simpler for clients.
Regulatory requirements vary by jurisdiction. In many countries, managing funds for others requires an investment adviser or fund manager licence. Check Brazil's regulatory requirements before accepting client funds.
Common MAM allocation methods: Lot Allocation (fixed lots per sub-account), Percentage Allocation (proportional to equity), Equity Allocation (by account balance ratio), and P&L Allocation (split profits/losses by percentage).
MAM performance fees (high-water mark) typically range from 10-30% of profits. The broker provides the infrastructure to calculate and deduct fees automatically. Managers set their own fee structure.
Sub-account minimums vary by broker — from $200 to $10,000. The master (manager) account often requires a higher minimum, typically $5,000-$50,000.
Sources & References
- FCA Register— FCA (2026)
- CySEC Regulated Entities— CySEC (2026)
- ASIC Financial Services Register— ASIC (2026)
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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Risk Warning: Forex and CFD trading involves significant risk of loss and may not be suitable for all investors. You could lose more than your initial investment. 68-80% of retail investor accounts lose money when trading CFDs with most providers. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Not Financial Advice:
Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.
Affiliate Disclosure:
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.
Regional Availability Notice
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.