BrokerAnalysis

Best Most Regulated Forex Brokers in Brazil

Last updated October 9, 2026

The top regulated brokers offering Most Regulated accounts to Brazil traders — compared on spreads, fees, regulators, and minimum deposit.

How We Ranked

Rankings blend trust, pricing, and platform quality. After our two editorial picks, brokers are ordered by third-party audience activity in Brazil. Risk warning: CFDs carry high risk.

Regulated by CVM (Comissão de Valores Mobiliários), Banco CentralLocal deposits: PIX, Boleto BancárioAccounts in BRL (Brazilian Real)
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Brazil

#1
IC Markets
IC Markets
Review
#2
HFM
HFM
Review
#3
Deriv
Deriv
Review
Full Comparison
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Last reviewed:
•
By:BrokerAnalysis Research Desk
•
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Oct 2026

Our 2 top picks for Most Regulated in Brazil

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for Most Regulated in Brazil
IC Markets

IC Markets

Offers Most Regulated
Min. deposit R$1,000
  • Offers Most Regulated
  • Regulated: ASIC, CySEC, SCB
  • Minimum deposit R$1,000
ASIC, CySEC, SCB
#2 · Best alternative
HFM

HFM

Offers Most Regulated
Min. deposit R$0
  • Offers Most Regulated
  • Regulated: FCA, CySEC, FSCA
  • Minimum deposit R$0
FCA, CySEC, FSCA

Why these two

Both brokers here are confirmed to offer Most Regulated 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 do Most Regulated brokers actually cost Brazil traders?

Across the 10 Most Regulated brokers available to Brazil traders on this page, the median researched EUR/USD spread is 0.15 pips, ranging from 0.0 to 1.3 pips, with 10 of those figures taken from the broker's own published specification.

Most Regulated brokers for Brazil traders

The most regulated forex brokers hold licences from multiple top-tier authorities — FCA (UK), ASIC (Australia), CySEC (EU), BaFin (Germany), MAS (Singapore), and more. Our current ranking starts with IC Markets where it is available, followed by HFM, Deriv, and AvaTrade. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 10 brokers for Brazil traders. The median minimum deposit across the listed brokers is $15 — low — most traders can start with a modest balance. Local oversight for Brazil traders sits with CVM. Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. Oversight relevant to traders in Brazil sits with CVM. Locally, traders in Brazil can fund accounts through PIX at brokers that support them — a rail that is unavailable in most other markets. Brokers rarely offer BRL-denominated accounts, so traders in Brazil usually fund in USD and carry an FX conversion cost on deposit and withdrawal. Third-party audience data shows Deriv with the strongest Brazil activity among the brokers listed here (Influence 7.90/10).

Country Offers

Available 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.

Browse All Promotions

Exness

FCA (UK)
Cashback / Rebate

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 Oct 8, 2026

IC Markets

ASIC (Australia)
Cashback / Rebate

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 Oct 8, 2026

FP Markets

ASIC (Australia)
Cashback / Rebate

Refer a Friend: Earn up to $200

Referral bonus pays $50-$200 after a friend funds and trades the required volume.

Verified Sep 15, 2026

Brazil Trading Guide

Regulated by
CVM (Comissão de Valores Mobiliários), Banco Central
Legal status
Legal - International brokers commonly used
Accounts in
BRL (Brazilian Real)
Popular pairs
EUR/USD, USD/BRL, XAU/USD
Available in Brazil
PIXPIXBoleto BancárioBoleto BancárioBradescoBradescoItaúItaúBanco do BrasilBanco do BrasilSantander BrasilSantander BrasilSkrillSkrill
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Key Features for Brazilian Traders

10 brokers · how we rank

Compare essential broker features for traders in Brazil.

BrokerWithdrawalCommissionOpen timeUSDJPYRegulation & fundingAction
0.0R$1,00024-48 hours$3.50/lot1 day0.0
No tier-1 licence listed
0.0R$024 hoursNoneSame day0.0
No tier-1 licence listed
0.5 pips (Standard)$51 business day$0 (Spread only on most products)——
No tier-1 licence listed
0.9R$5001-2 business daysNone1-3 days1.0
No tier-1 licence listed
1.0$10InstantNoneSame day1.0
No tier-1 licence listed
0.0 pips (Raw)$100Same day to 1 business day$3/lot (Raw)——
No tier-1 licence listed
1.6R$2524 hoursNoneSame day1.4
No tier-1 licence listed
1.3 pips (Standard) | 0.0 pips + commission (Prime/ECN)$201-3 business days$3.50/side (Prime) | $1/side (ECN)——
No tier-1 licence listed
0.1R$01-2 business days$3.50/lotSame day0.1
No tier-1 licence listed
0.1R$5024 hoursNoneSame day0.1
No tier-1 licence listed
Rank 01 · best overall
IC Markets
Spread
0.0
Min dep.
R$1,000
Withdrawal
24-48 hours
Commission
$3.50/lot
Open time
1 day
USDJPY
0.0
Visit IC Markets Read review
Rank 02
HFM
Spread
0.0
Min dep.
R$0
Withdrawal
24 hours
Commission
None
Open time
Same day
USDJPY
0.0
Visit HFM Read review
Rank 03
Deriv
Spread
0.5 pips (Standard)
Min dep.
$5
Withdrawal
1 business day
Commission
$0 (Spread only on most products)
Open time
—
USDJPY
—
Visit Deriv Read review
Rank 04
AvaTrade
Spread
0.9
Min dep.
R$500
Withdrawal
1-2 business days
Commission
None
Open time
1-3 days
USDJPY
1.0
Visit AvaTrade Read review
Rank 06
FP Markets
Spread
0.0 pips (Raw)
Min dep.
$100
Withdrawal
Same day to 1 business day
Commission
$3/lot (Raw)
Open time
—
USDJPY
—
Visit FP Markets Read review
Rank 07
XM
Spread
1.6
Min dep.
R$25
Withdrawal
24 hours
Commission
None
Open time
Same day
USDJPY
1.4
Visit XM Read review
Rank 08
PU Prime
Spread
1.3 pips (Standard) | 0.0 pips + commission (Prime/ECN)
Min dep.
$20
Withdrawal
1-3 business days
Commission
$3.50/side (Prime) | $1/side (ECN)
Open time
—
USDJPY
—
Visit PU Prime Read review
Rank 10
FXTM
Spread
0.1
Min dep.
R$50
Withdrawal
24 hours
Commission
None
Open time
Same day
USDJPY
0.1
Visit FXTM Read review

We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.

Audience activity in Brazil (Influence score, 0–10): Deriv 7.90 · AvaTrade 5.57. A score reflects audience activity, not a recommendation. Source: WikiFX, October 2026.

In-Depth Broker Analysis

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 logo
Our Rating
4.5/5.0
Best ForBest for scalping.
Min DepositR$1,000

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
HFM logo
Our Rating
4.5/5.0
Best ForZero spread accounts.
Min DepositR$0

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
Deriv logo
Our Rating
4.5/5.0
Best ForBest for synthetic indices traders & digital options users.
Min Deposit$5

Deriv Review Summary

Deriv is a multi-regulated broker with DTrader, DBot, Deriv MT5, Deriv X, SmartTrader access, 0.5 pips (Standard) on EUR/USD, and $5 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $5
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Competitive spread structure — compare account types before opening
AvaTrade logo
Our Rating
4.5/5.0
Best ForMulti-regulated.
Min DepositR$500

AvaTrade Review Summary

AvaTrade is multi-regulated (CBI, FCA, ASIC) with AvaTradeGO mobile app and copy trading.

Pros
  • Regulation varies by entity
  • Minimum deposit: R$500
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Standard — compare account types before opening
Exness logo
Our Rating
4.5/5.0
Best ForBest for Brazilian traders.
Min DepositR$0

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
FP Markets logo
Our Rating
4.5/5.0
Best ForBest for ecn traders, scalpers & australian clients.
Min Deposit$100

FP Markets Review Summary

FP Markets is a multi-regulated broker with MT4, MT5, cTrader, IRESS access, 0.0 pips (Raw) on EUR/USD, and $100 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Raw or ultra-low spread account available — compare account types before opening
XM logo
Our Rating
4.5/5.0
Best ForPIX & Boleto support.
Min DepositR$25

XM Review Summary

XM accepts both PIX instant payments and traditional Boleto bancário for Brazilian clients.

Pros
  • Regulation varies by entity
  • Minimum deposit: R$25
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
PU Prime logo
Our Rating
4.5/5.0
Best ForBest for small-balance traders in south africa and latin america; 24/7 gold traders.
Min Deposit$20

PU Prime Review Summary

PU Prime is a multi-regulated broker with MT4, MT5, PU WebTrader, PU Prime App access, 1.3 pips (Standard) | 0.0 pips + commission (Prime/ECN) on EUR/USD, and $20 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $20
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Raw or ultra-low spread account available — compare account types before opening
Pepperstone logo
Our Rating
4.5/5.0
Best ForPro-grade execution.
Min DepositR$0

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
FXTM logo
Our Rating
4.5/5.0
Best ForStrong education.
Min DepositR$50

FXTM Review Summary

FXTM offers excellent educational resources and copy trading via FXTM Invest. Multi-regulated with strong reputation.

Pros
  • Regulation varies by entity
  • Minimum deposit: R$50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening

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The Signal Rooms screen inside the platform showing six Telegram rooms: Accurate Signals VIP, Accurate RR, AccurateFX Swings, Accurate Signals ATM, Accurate sessions and Accurate Flash
Six rooms, each with its own style and schedule — this is the join screen members see.
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Signals tracked
78%
Hit take-profit
+86,455
Pips, net
5.28
Profit factor
  • Six signal rooms5-day free trial

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July–August 2026, all Accurate signal groups combined, last platform audit 19 August 2026. Self-reported by Accurate Signals (shown in the member dashboard under Track Record) and not independently audited. Pips are not account profit. Past results do not guarantee future performance.

The 5-day VIP trial is free and needs no deposit. Ongoing access is funded through our VT Markets partnership — the registration link is pinned inside the community for when you are ready. Forex and CFD trading carries significant risk and can result in the loss of your capital. Never deposit money you cannot afford to lose. Past results do not guarantee future performance. This is general education, not financial advice.

All materials are prepared by the Introducer and VT bears no responsibility for the information and/or materials provided. All claims should be directed to the Introducer. All rights of VT and any affiliated entities trading under the "VT" trademark, brand or logo are reserved.

Frequently Asked Questions About Most Regulated Forex Brokers in Brazil

Frequently Asked Questions

The most regulated brokers for Brazil traders hold 3-6+ licences from top-tier authorities (FCA, ASIC, CySEC, BaFin, MAS). All brokers on this page were ranked by the number and quality of their regulatory licences.
The FCA (UK) is widely considered the strongest — it requires £730,000+ minimum capital, segregated funds, negative balance protection, and offers FSCS compensation up to £85,000. ASIC (Australia) and BaFin (Germany) are comparable.
Generally yes. Multi-regulated brokers have been independently audited by multiple authorities, each requiring capital adequacy and client protection. However, regulation is one factor — also check financial stability, track record, and fund segregation.
This varies. A broker with FCA/ASIC/CySEC licences may onboard Brazil clients under its offshore entity. Ask the broker which specific entity serves Brazil residents and verify its regulatory status.
Negative balance protection ensures you cannot lose more than your account balance — the broker absorbs any losses beyond your funds. It is mandatory under FCA, ASIC, and CySEC rules for retail clients but optional for offshore entities.
Some regulators offer investor compensation if the broker becomes insolvent. FCA: FSCS covers up to £85,000. CySEC: ICF covers up to €20,000. Offshore entities typically have no compensation scheme.
Forex trading in Brazil: Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. The market is overseen by CVM. Verify your own eligibility with the broker before funding an account — rules can change and we date-stamp this page when they do.

Sources & References

  1. — Exness
  2. — Pepperstone
  3. — XM
  4. — IC Markets
  5. — AvaTrade
  6. — HFM

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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.

How we measured this — Most Regulated brokers for Brazil traders

Across the 10 Most Regulated brokers available to Brazil traders on this page, the median researched EUR/USD spread is 0.15 pips, ranging from 0.0 to 1.3 pips, with 10 of those figures taken from the broker's own published specification.

median researched EUR/USD spread
0.15000000000000002 pips
Brokers measured
10
Linked to broker spec
10 of 10
Data as of
2026-10-09

Figures compiled by BrokerAnalysis from each broker's own published specification where available, otherwise from our broker catalogue. Per-broker spreads, minimum deposits and regulators are listed in the comparison table on this page. Spreads are typical, not guaranteed, and change with market conditions.

Sources: get.exness.help · pepperstone.com · xm.com · icmarkets.com · avatrade.com · hfm.com · fpmarkets.com · fxtm.com · www2.deriv.me · helpcenter.puprime.com

What changes locally

  • Oversight relevant to traders in Brazil sits with CVM.
  • Locally, traders in Brazil can fund accounts through PIX at brokers that support them — a rail that is unavailable in most other markets.
  • Brokers rarely offer BRL-denominated accounts, so traders in Brazil usually fund in USD and carry an FX conversion cost on deposit and withdrawal.