Best MT5 Forex Brokers in Brazil

Last updated September 2, 2026

The top regulated brokers offering MT5 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)
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Brazil

#1
Exness
Exness
Review
#2
AvaTrade
AvaTrade
Review
#3
XM
XM
Review
Full Comparison
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Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Sep 2026

Our 2 top picks for MT5 in Brazil

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

#1 · Best for MT5 in Brazil
Exness

Exness

Offers MT5
Min. deposit $10
  • Offers MT5
  • Regulated: FCA, CySEC, FSA, FSC
  • Minimum deposit $10
FCA, CySEC, FSA, FSC
#2 · Best alternative
AvaTrade

AvaTrade

Offers MT5
Min. deposit R$500
  • Offers MT5
  • Regulated: CBI, FCA, ASIC
  • Minimum deposit R$500
CBI, FCA, ASIC

Why these two

Both brokers here are confirmed to offer MT5 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 MT5 brokers actually cost Brazil traders?

Across the 8 MT5 brokers available to Brazil traders on this page, the median researched EUR/USD spread is 0.35 pips, ranging from 0.0 to 1.0 pips, with 7 of those figures taken from the broker's own published specification.

MT5 brokers for Brazil traders

MetaTrader 5 is the successor to MT4, offering 21 timeframes, built-in depth of market, a more powerful back-testing engine, and multi-asset support. Our current ranking starts with Exness where it is available, followed by AvaTrade, XM, and FXTM. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 8 brokers for Brazil traders. The median minimum deposit across the listed brokers is $10 — 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.

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 Jun 15, 2026

FXTM

FCA (UK)
Welcome Bonus

$500 Welcome Bonus Reward Points

Use code HELLOFXTM on first deposits to unlock up to $500 in reward points after trading targets.

Verified Jun 15, 2026

HFM

FCA (UK)
Deposit Match

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

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

8 brokers · how we rank

Compare essential broker features for traders in Brazil.

BrokerWithdrawalCommissionOpen timeUSDJPYRegulation & fundingAction
1.0$10InstantNoneSame day1.0
No tier-1 licence listed
0.9R$5001-2 business daysNone1-3 days1.0
No tier-1 licence listed
1.6R$2524 hoursNoneSame day1.4
No tier-1 licence listed
0.1R$5024 hoursNoneSame day0.1
No tier-1 licence listed
0.0R$024 hoursNoneSame day0.0
No tier-1 licence listed
0.1R$01-2 business days$3.50/lotSame day0.1
No tier-1 licence listed
0.5 pips (Standard)$51 business day$0 (Spread only on most products)
No tier-1 licence listed
From ~1.0 pips (confirm current terms)$50Confirm current terms directlyConfirm current terms directly
No tier-1 licence listed
Rank 01 · best overall
Exness
Spread
1.0
Min dep.
$10
Withdrawal
Instant
Commission
None
Open time
Same day
USDJPY
1.0
Visit Exness Read review
Rank 02
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 03
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 04
FXTM
Spread
0.1
Min dep.
R$50
Withdrawal
24 hours
Commission
None
Open time
Same day
USDJPY
0.1
Visit FXTM Read review
Rank 05
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 07
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 08
TIO Markets
Spread
From ~1.0 pips (confirm current terms)
Min dep.
$50
Withdrawal
Confirm current terms directly
Commission
Confirm current terms directly
Open time
USDJPY
Visit TIO Markets 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.

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.

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
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
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
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
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
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
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
TIO Markets logo
Our Rating
4.5/5.0
Best ForBest for traders who have independently verified current terms and accept the trust concerns disclosed in our review.
Min Deposit$50

TIO Markets Review Summary

TIO Markets is a multi-regulated broker with MT4, MT5 access, From ~1.0 pips (confirm current terms) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

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

Frequently Asked Questions About MT5 Forex Brokers in Brazil

Frequently Asked Questions

All brokers listed on this page offer MetaTrader 5 to Brazil traders with full functionality. BRL deposits are supported and each broker is regulated by recognised authorities.
If you trade multiple asset classes, use advanced back-testing, or want more timeframes, MT5 is better. If your EAs are written in MQL4 and you only trade forex, MT4 works fine. Most brokers offer both — you can try each on a demo account.
Yes. Most forex brokers offer MT5 in hedging mode, allowing multiple positions on the same instrument — identical to MT4 behavior. Netting mode (single position per instrument) is available but rarely used in forex retail trading.
MQL4 EAs cannot run directly on MT5 — they must be converted to MQL5. The syntax is similar but not identical. Many popular EAs have both MQL4 and MQL5 versions available. For new EA development, MQL5 is the better choice.
MT5's multi-threaded back-testing engine is significantly faster. For live execution, the difference is marginal — both platforms route orders through the broker's server. The broker's execution infrastructure matters more than the platform choice.
The MT5 mobile app is more feature-rich than MT4's, with more chart types, more timeframes, and a built-in economic calendar. Both apps offer order management and account monitoring. Neither runs automated strategies — that requires desktop or VPS.
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.

Top Searched Questions

Which brokers offer MetaTrader 5 in 2026?

Most major forex brokers now offer MT5 alongside MT4. MT5 brokers worth considering provide: access to stocks, indices, and crypto CFDs alongside forex; the depth-of-market window for seeing liquidity; 21 timeframes vs MT4's 9; and the built-in economic calendar. Check if they support hedging mode.

What advantages does MT5 have over MT4?

MT5 offers: 21 timeframes (vs 9 on MT4), built-in economic calendar, depth-of-market, 38 technical indicators (vs 30), 44 analytical objects (vs 31), multi-threaded strategy tester, and access to exchange-traded instruments. MT5 uses MQL5 which supports OOP programming for more complex EAs.

Is MT5 better than other trading platforms?

MT5 excels at multi-asset trading (forex + stocks + crypto CFDs) and algorithmic strategy development. TradingView beats it for charting and social features. cTrader offers better Level II pricing. MT4 has a larger EA library. Choose MT5 if you need multi-asset access with strong automation capabilities.
Information automatically localized based on "mt5 brokers" and related trends.

Sources & References

  1. Exness
  2. Pepperstone
  3. XM
  4. AvaTrade
  5. HFM
  6. FXTM

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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 — MT5 brokers for Brazil traders

Across the 8 MT5 brokers available to Brazil traders on this page, the median researched EUR/USD spread is 0.35 pips, ranging from 0.0 to 1.0 pips, with 7 of those figures taken from the broker's own published specification.

median researched EUR/USD spread
0.35 pips
Brokers measured
8
Linked to broker spec
7 of 8
Data as of
2026-09-02

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 · avatrade.com · hfm.com · fxtm.com · www2.deriv.me

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.