Trading platforms in Brazil: entities, licences & costs
Which platforms accept Brazilian clients, the exact legal entity that opens your account, register-checked licence numbers and real costs — ranked by our published method, commission weighted 0%.
18 of the 20 platforms in our database accept Brazilian clients. We've mapped 12 of them to the specific legal entity that onboards a Brazilian client: 12 route Brazilian clients through an offshore (tier-3) entity — which changes your compensation cover and complaint route. The table below lists 6 register-checked licence numbers so you can verify each firm yourself (SCB, FSA Seychelles, CIMA, FSA (Seychelles)). On the numbers, the lowest all-in cost option here is Pepperstone, and the highest leverage available to Brazilian traders is 1000:1 (Pepperstone).
Regulator
CVM
The CVM states no institution is currently authorised to offer forex/CFDs to the Brazilian public and treats unregistered solicitation of Brazilian residents as illegal securities activity — it has issued stop orders naming many international brands. Its guidance distinguishes a resident investing abroad on their own initiative from unauthorised solicitation into Brazil.
Leverage rules
No CVM-authorised retail forex/CFD offering exists, so no Brazilian leverage cap applies — leverage is set by whichever offshore entity onboards you, under that jurisdiction's rules.
Common deposit methods
PIX, Card, TED bank transfer
Which legal entity onboards a Brazilian client
The brand you see isn't always the entity on your client agreement. These are the entities our checks map to Brazilian clients, with the licence number to verify on the official register. 12 here route you offshore — protection differs.
Entity mapping from our register checks — shown to illustrate how the onboarding entity shifts by country. Yours may differ; always confirm the legal entity on the signup screen and the official register before depositing. Informational only, not financial advice.
Trading costs for Brazilian traders
Lowest all-in cost on our scan: Pepperstone. Indicative figures — verify the live schedule before funding.
| Platform | All-in cost | Spread from | Commission | Min deposit | Withdrawal | Max leverage |
|---|---|---|---|---|---|---|
| Pepperstone | $···· | 0 pips | $7/lot | $10 | Same – next day | 1000:1 |
| IC Markets | $···· | 0 pips | $7/lot | $200 | Same – next day | 500:1 |
| FP Markets | $···· | 0 pips | $6/lot | $100 | Within 1 day | 500:1 |
| Exness | $···· | 0 pips | $7/lot | $10 | Often instant | Unlimited |
| Tickmill | $···· | 0 pips | $6/lot | $100 | Same – next day | 1000:1 |
| Blueberry Markets | $···· | 0 pips | $7/lot | $100 | Same – next day | 500:1 |
| Fusion Markets | $···· | 0 pips | $4.5/lot | $0 | Under 1 hour (broker-stated) | — |
| ThinkMarkets | $$··· | 0 pips | $7/lot | $0 | 1–2 days | 500:1 |
| Vantage Markets | $$··· | 0 pips | $6/lot | $50 | Same – next day | 500:1 |
| VT Markets | $$··· | 0 pips | $6/lot | $100 | Same – next day | 500:1 |
| Eightcap | $$··· | 0 pips | $7/lot | $100 | 1–2 days (same-day cut-off) | 500:1 |
| Axi | $$··· | 0 pips | $7/lot | $0 | 1–3 days (bank transfers) | — |
| PU Prime | $$··· | 0 pips | $7/lot | $50 | Reported instant | 1000:1 |
| StarTrader | $$··· | 0 pips | $6/lot | $50 | Within 24h | 500:1 |
| LiteFinance | $$··· | 0 pips | $5/lot | $50 | Within 24h | 1000:1 |
| FXTM | $$$·· | 0.1 pips | $4/lot | $10 | Same – next day | 1000:1 |
| IG | $$$·· | 0.6 pips | — | $250 | 1–3 days (method-dependent) | Varies by entity |
| XM | $$$·· | 1.6 pips | — | $5 | 1–2 days | 1000:1 |
18 platforms available in Brazilian
Why this fits: Onboarded via Pepperstone Markets Limited (SCB) · Max leverage here: 1000:1
Why this fits: Onboarded via Raw Trading Ltd (trading as IC Markets Global) (FSA Seychelles) · Max leverage here: 500:1
Why this fits: Accepts Brazilian clients · Max leverage here: 500:1 · Verify the account entity at signup
The FTSE-100 original — 17,000+ markets since 1974; entity and products vary sharply by country.
Why this fits: Accepts Brazilian clients · Max leverage here: Varies by entity · Verify the account entity at signup
Why this fits: Onboarded via Exness (SC) Ltd (FSA Seychelles) · Max leverage here: Unlimited
Why this fits: Accepts Brazilian clients · Max leverage here: 500:1 · Verify the account entity at signup
Why this fits: Onboarded via Vantage International Group Limited (CIMA 1383491) · Max leverage here: 500:1
Low-cost multi-entity broker favoured by scalpers and EAs; licences and protection vary by country.
Why this fits: Onboarded via Tickmill Ltd (FSA (Seychelles)) · Max leverage here: 1000:1
Why this fits: Accepts Brazilian clients · Max leverage here: 1000:1 · Verify the account entity at signup
Why this fits: Accepts Brazilian clients · Max leverage here: 500:1 · Verify the account entity at signup
Why this fits: Onboarded via Gleneagle Securities Pty Limited (VFSC 40256) · Max leverage here: —
Why this fits: Onboarded via VT Markets Ltd (FSC GB23202269) · Max leverage here: 500:1
Why this fits: Onboarded via Eightcap Global Limited (SCB SIA-F220) · Max leverage here: 500:1
Why this fits: Onboarded via AxiTrader LLC (FSA (SVG)) · Max leverage here: —
Why this fits: Onboarded via XM Global Limited (FSC Belize) · Max leverage here: 1000:1
A multi-entity CFD broker with education resources, webinars, broad market access and copy trading availability. Entity, leverage and product terms should be verified before depositing.
Why this fits: Onboarded via PU Prime Limited (FSA SD050) · Max leverage here: 1000:1
Why this fits: Onboarded via STARTRADER Financial Markets Limited (FSC GB24203371) · Max leverage here: 500:1
Why this fits: Accepts Brazilian clients · Max leverage here: 1000:1 · Verify the account entity at signup
We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.
Trading in Brazil — questions
Which legal entity will onboard me as a Brazilian client?
Across the platforms that accept Brazilian clients, accounts are opened through entities under SCB, FSA Seychelles, CIMA, FSA (Seychelles), VFSC, FSC, FSA (SVG), FSC Belize, FSA. 12 route Brazilian clients through an offshore (tier-3) entity — protection differs there. Local oversight is typically CVM. Always confirm the licence on the official register before depositing.
Which platform has the lowest cost in Brazil?
Of the 18 platforms available to Brazilian traders, Pepperstone has the lowest all-in cost on our scan (spreads from 0 pips, $7/lot commission, $10 minimum). Costs change with account type and instrument — verify the live schedule before funding.
What leverage can I use in Brazil?
The highest leverage available to Brazilian traders among these platforms is 1000:1 (Pepperstone). No CVM-authorised retail forex/CFD offering exists, so no Brazilian leverage cap applies — leverage is set by whichever offshore entity onboards you, under that jurisdiction's rules. Higher leverage increases both potential gains and losses.
How does Clarytrade pick these platforms?
We rank by our published 8-criteria method, filter to platforms that accept Brazilian clients, resolve the specific legal entity that would open your account, and weight affiliate commission at 0%.