Mr FOREX

Forex in Brazil

Brazilian forex brokers registered with CVM

The Brazilian Securities and Exchange Commission (CVM), the body responsible for executing the rules for financial markets in the country, does not allow any broker established in the country to offer Forex Trading. No Forex broker has a CVM license.

List of the best global Forex brokers in brazilian Portuguese

Our reviews include only the best and most reputable global Forex brokers in brazilian Portuguese.

exness
Popularity
Min. Deposit R$1250
Leverage ≤1:10000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
Deriv
Popularity
ECN
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
JustMarkets
Popularity
Leverage ≤1:3000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
tickmill
Popularity
Leverage ≤1:500
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
XM
Popularity
ECN
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
FxPro
Popularity
ECN
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
AvaTrade
Popularity
ECN
Leverage ≤1:400
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
HFM
Popularity
ECN
Leverage ≤1:2000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
AMarkets
Popularity
Leverage ≤1:3000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
IC Trading
Popularity
ECN
Leverage ≤1:500
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
Vantage
Popularity
Leverage ≤1:500
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
FP Markets
Popularity
Leverage ≤1:500
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
FBS
Popularity
ECN
Leverage ≤1:3000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Not available
BlackBull
Popularity
Leverage ≤1:500
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
InstaForex
Popularity
ECN
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
Headway
Popularity
Leverage ≤1:10000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
pepperstone
Popularity
Leverage ≤1:500
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
LiteFinance
Popularity
ECN
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
fortrade
Popularity
Leverage ≤1:200
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
IQ Option
Popularity
ECN
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
FreshForex
Popularity
Leverage ≤1:2000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
eightcap
Popularity
ECN
Leverage ≤1:500
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
FXOpen
Popularity
Leverage ≤1:500
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
xChief
Popularity
ECN
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
Plexytrade
Popularity
Bonus
ECN
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Not available
IronFX
Popularity
Min. Deposit R$600
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
alpari
Popularity
Leverage ≤1:3000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Not available
weltrade
Popularity
ECN
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
GrandCapital
Popularity
Leverage ≤1:500
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
IFC Markets
Popularity
Min. Deposit $1000
Leverage ≤1:400
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
ActivTrades
Popularity
ECN
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported
FxGlory
Popularity
ECN
Leverage ≤1:3000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Not available
admirals
Popularity
ECN
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Português Supported

Forex trading, also known as foreign exchange trading, is the buying and selling of different currencies on the foreign exchange market. In Brazil, forex trading is a popular activity among individual traders and investors.

The Brazilian Securities and Exchange Commission (CVM) regulates the forex market in Brazil, and all forex trading activities must be conducted through authorized financial institutions, such as banks and brokerage firms. The BCB also sets the official exchange rate for the Brazilian Real (BRL) against other currencies.

To participate in forex trading in Brazil, individuals must have a trading account with a regulated brokerage firm and provide proof of identification and income. They must also complete a mandatory training program on forex trading before being allowed to trade.

The most popular currency pairs traded on the Brazilian forex market are the BRL/USD and BRL/EUR. Other popular pairs include BRL/GBP and BRL/JPY.

Brazil has a relatively small forex market compared to other major countries, but it is growing in popularity and size. The CVM has implemented measures to increase transparency and protect investors in the forex market.

Overall, forex trading can be a profitable activity for Brazilian traders and investors, but it also carries significant risk. It is important to conduct thorough research and seek professional guidance before entering the market.

How We Ranked the Best Forex Brokers

To provide you with the most reliable forex brokers list for 2026, we employed a rigorous methodology combining quantitative data and qualitative user experience.

Our ranking system focuses on the metrics that matter most to active traders:

  • Consensus of Reviews: We aggregated data from independent tests, expert financial reviews, and user feedback to gauge the reputation of each forex trading company.
  • Average Trading Costs: We analyzed the all-in cost, combining spreads and fees. We favored brokers offering tight spreads on major pairs like EUR/USD.
  • Execution Speed: We prioritized brokers with fast execution speeds to ensure your orders are filled at the requested price without delay.
  • Range of Markets: We looked for access to Forex, Indices, Commodities, and Crypto from a single forex trading account.

This holistic approach ensures that the top 10 forex brokers listed in our table are not just popular, but truly capable of supporting your trading goals.

Which Trading Platform Should You Choose?

A differentiator between top forex brokers is the trading platforms they offer. The best platform depends entirely on your trading style: scalping, algorithmic trading, or chart analysis.

Here is a detailed breakdown of the industry standards: MetaTrader 4, MetaTrader 5, cTrader, and TradingView.

1. MetaTrader 4 (MT4): The Legendary Standard

Despite being released in 2005, MT4 remains a popular forex platform globally.

  • Why it reigns supreme: The ecosystem is massive. The vast majority of trading robots (Expert Advisors or EA) and custom indicators were coded specifically for MT4 (MQL4 language).
  • Pros: Extremely lightweight, stable, runs on older computers, and is offered by most online forex trading sites.
  • Cons: The interface feels dated. Charting capabilities are less intuitive compared to modern standards, making it slightly harder for complete beginners to master initially.

2. MetaTrader 5 (MT5): The Modern Successor

MT5 is the official successor, developed to overcome the architectural limits of MT4.

  • The Difference: It is significantly faster and allows for multi-asset trading, not just CFDs. It also features a vastly superior Strategy Tester for backtesting robots.
  • Verdict: If you are opening a new forex trading account today and do not rely on legacy MQL4 robots, MT5 is the more future-proof choice.

3. cTrader: The Premium Choice for Manual Traders

Often considered the best platform for scalpers and day traders who execute manually.

  • The Experience: Unlike the austerity of MetaTrader, cTrader is sleek, modern, and visually appealing. It is natively designed for ECN brokers (giving you direct access to interbank liquidity).
  • Key Features:
    • DOM (Depth of Market): See the incoming buy/sell volume liquidity in real-time.
    • Advanced Order Management: Features like partial take profit, are one click away, whereas they can be clumsy on MT4.
    • Cloud Sync: Your workspaces and templates are saved in the cloud, allowing you to switch between computers seamlessly.

4. TradingView: The Analyst's Favorite

Increasingly, traders are abandoning broker-proprietary software for analysis in favor of TradingView.

  • Integration: Some of the best forex brokers in the world now offer direct integration. This means you can trade directly from the TradingView charts without switching tabs.
  • Why choose it: It offers the best charting tools, social networking features, and specific Pine Script coding language. It is 100% web-based and incredibly responsive.

Platform Comparison Summary

CriterionMetaTrader 4 (MT4)cTraderTradingView
InterfaceDated / AustereModern / IntuitiveExcellent / Web-based
Auto TradingThe King (MQL4)Very Good (C#)Limited (Pine Script)
ExecutionReliableVery Fast (Often ECN)Broker Dependent
ScalpingAverage (Low ergonomics)ExcellentGood
InstallationDownload RequiredSoftware or Web100% Web / App

Account Types: ECN vs. Standard (STP)

When searching for the best brokerage for forex, you will often face a choice between Standard accounts and ECN (Electronic Communication Network) accounts. Understanding this difference is vital for your profitability.

Standard Accounts (Market Maker / STP)

Usually, these accounts have zero commissions but wider spreads. The broker may act as the counterparty to your trade. Best for: Beginners or swing traders who do not want to calculate commissions per lot.

ECN Accounts (Raw Spread)

ECN brokers connect you directly to the real market participants.

  • Cost Structure: You get the Raw market spread (often 0.0 pips on EUR/USD) but pay a fixed commission (e.g., $3.50 per lot).
  • Best for: Scalpers, high-volume traders, and those using Algorithmic trading.
  • Why it matters: ECN accounts generally offer faster execution and no requotes. For the best forex trading experience, we strongly recommend ECN or Raw accounts to ensure transparency.

Understanding Leverage in Forex Trading

Leverage is a tool that allows you to control a large position with a relatively small amount of capital. It is often expressed as a ratio, such as 1:10, 1:100, or even 1:500.

  • How it works: With 1:30 leverage, a $1,000 deposit allows you to trade $30,000 worth of currency.
  • The Double-Edged Sword: While leverage can magnify your gains, it equally magnifies your losses. It is possible to lose your initial deposit quickly if risk management is ignored.