Best Forex Brokers Brazil 2026 – PIX, Boleto, Low Deposit

Last reviewed:January 15, 2026

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By:Emily Watson

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Fact-checked by:David Okonjo

Top 10 Brokers for Brazilian Traders in 2026

Forex trading in Brazil is regulated by CVM and Banco Central. Our experts tested 40+ brokers to find the best options for Brazilian traders in 2026. Exness leads our rankings with instant PIX deposits and withdrawals. XM and OctaFX also offer PIX plus Boleto bancário support. All recommended brokers offer MT4/MT5 platforms.

What is the best forex broker in Brazil for 2026?

Exness is the best forex broker for Brazilian traders in 2026, offering instant PIX deposits and withdrawals, zero minimum deposit, and FCA regulation. XM and OctaFX are also excellent with Boleto support, and XM is best for beginners.

Key Features for Brazilian Traders

Compare essential broker features for traders in Brazil.

Broker
Exness	None	R$0
XM	None	R$25
HFM	None	R$0
FXTM	None	R$50
AvaTrade	None	R$500
RoboForex	None	R$50
OctaFX	None	R$100
FBS	None	R$5
Pepperstone	$3.50/lot	R$0
IC Markets	$3.50/lot	R$1,000

Detailed Broker Analysis

Exness

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Recommended

Best for Brazilian traders.

4.6/5App Score

Exness offers instant PIX deposits and withdrawals for Brazilian traders. Zero minimum deposit and raw spreads.

Forex spread classUltra-Low

Minimum depositR$0

Inactivity fee$0

Currency pairs107

Deposit methodsPIX, Bank Transfer

Withdrawal fee$0

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XM

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Recommended

PIX & Boleto support.

4.5/5App Score

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

Forex spread classLow

Minimum depositR$25

Inactivity fee$5/mo

Currency pairs55

Deposit methodsPIX, Boleto, Skrill

Withdrawal fee$0

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HFM

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Recommended

Zero spread accounts.

4.3/5App Score

HFM offers zero spread accounts with zero minimum deposit. FCA and CySEC regulated for strong protection.

Forex spread classUltra-Low

Minimum depositR$0

Inactivity fee$0

Currency pairs53

Deposit methodsBank Transfer, Skrill

Withdrawal fee$0

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FXTM

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Recommended

Strong education.

4.4/5App Score

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

Forex spread classLow

Minimum depositR$50

Inactivity fee$5/mo

Currency pairs62

Deposit methodsBank Transfer, Skrill

Withdrawal fee$0

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AvaTrade

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Recommended

Multi-regulated.

4.3/5App Score

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

Forex spread classStandard

Minimum depositR$500

Inactivity fee$50/3mo

Currency pairs55

Deposit methodsBank Transfer, Skrill

Withdrawal fee$0

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RoboForex

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Recommended

PIX + Crypto support.

4.1/5App Score

RoboForex accepts PIX and crypto payments with high leverage up to 1:2000. CopyFX social trading available.

Forex spread classUltra-Low

Minimum depositR$50

Inactivity fee$0

Currency pairs40

Deposit methodsPIX, Bank Transfer, Crypto

Withdrawal fee$0

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OctaFX

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Recommended

Instant PIX.

4.2/5App Score

OctaFX offers instant PIX and Boleto payments for Brazilian traders. No commission trading.

Forex spread classLow

Minimum depositR$100

Inactivity fee$0

Currency pairs40

Deposit methodsPIX, Boleto, Bank Transfer

Withdrawal fee$0

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FBS

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Recommended

Low R$5 minimum.

4.0/5App Score

FBS offers ultra-low R$5 minimum deposit with leverage up to 1:3000. Great for beginners.

Forex spread classStandard

Minimum depositR$5

Inactivity fee$0

Currency pairs37

Deposit methodsBank Transfer, Boleto

Withdrawal fee$0

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Pepperstone

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Recommended

Pro-grade execution.

4.5/5App Score

Pepperstone offers institutional-grade execution with spreads from 0.0 pips. FCA, ASIC, CySEC regulated.

Forex spread classUltra-Low

Minimum depositR$0

Inactivity fee$0

Currency pairs97

Deposit methodsBank Transfer, Skrill

Withdrawal fee$0

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IC Markets

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Recommended

Best for scalping.

4.5/5App Score

IC Markets provides true ECN execution with spreads from 0.0 pips. Excellent for scalpers.

Forex spread classUltra-Low

Minimum depositR$1,000

Inactivity fee$0

Currency pairs61

Deposit methodsBank Transfer, Skrill

Withdrawal fee$0

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Frequently Asked Questions

Yes, forex trading is legal in Brazil. While CVM (Comissão de Valores Mobiliários) regulates securities, most Brazilian traders use international brokers since local forex regulation is limited. Note that IOF tax applies to forex transactions.

Exness, XM, RoboForex, and OctaFX accept PIX instant payments for Brazilian traders. Exness offers instant PIX processing for both deposits and withdrawals with zero fees.

Yes! XM, OctaFX, and FBS accept Boleto bancário deposits for Brazilian traders. Processing typically takes 1-3 business days.

To deposit BRL: 1) Login to your broker, 2) Select PIX (instant) or Boleto/bank transfer, 3) Enter amount in R$, 4) Complete payment. Exness processes PIX deposits instantly.

Yes! All major brokers support withdrawals to Brazilian banks including Banco do Brasil, Bradesco, Itaú, and Santander. Exness offers instant PIX withdrawals. Note IOF tax may apply.

Minimum deposits vary: FBS accepts R$5, XM accepts R$25, Exness/HFM/Pepperstone have zero minimum. We recommend starting with at least R$100-500 for proper risk management.

FBS has the lowest minimum at just R$5 (about $1). Exness, HFM, and Pepperstone have zero minimum deposit requirements. XM follows with R$25 minimum.

Yes! With R$100 (about $18), you can open accounts with FBS, XM, Exness, HFM, or OctaFX. For proper risk management, we recommend starting with at least R$200-500.

IOF (Imposto sobre Operações Financeiras) is Brazil's financial transaction tax that applies to forex. Rates vary depending on transaction type. Consult a Brazilian tax professional for current rates and obligations.

To start forex trading in Brazil: 1) Learn basics through free courses, 2) Choose a regulated broker like Exness or XM, 3) Open a demo account to practice, 4) Deposit via PIX (R$100-500), 5) Start with EUR/USD. XM offers excellent Portuguese education.

The best forex apps for Brazilian traders are MT4 and MT5 (from all major brokers), the Exness Trader app (with PIX), OctaFX app, and XM app. These support Portuguese language.

IC Markets and Pepperstone offer the best MT4 experience in Brazil with fast execution and full EA support. Exness and XM also provide reliable MT4.

Yes! All major brokers offer MT5 in Brazil including Exness, XM, HFM, FXTM, IC Markets, and Pepperstone. MT5 has more timeframes, order types, and a built-in economic calendar.

Exness, IC Markets, and HFM have the lowest spreads in Brazil with EUR/USD from 0.0 pips on Raw/Pro accounts. These accounts charge a small commission per lot traded.

FXTM Invest, HFM's HFCopy, OctaFX Copytrading, and Exness Social Trading are the best copy trading platforms for Brazilian traders. You can automatically copy successful traders with as little as $100.

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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.

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Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

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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 country acceptance status. Please verify availability with the broker directly before proceeding.

Independent Analysis

Rankings based on verified data and hands-on testing. See our methodology →

Data Verified

January 2026

Trading Styles

Execution Model

Platform & Asset

Spreads & Costs

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Top 10 Brokers for Brazilian Traders in 2026