True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
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Latin America & Caribbean • 39 brokers available
Brazil's CVM (Comissão de Valores Mobiliários) and BCB (Banco Central do Brasil) jointly regulate financial services. Retail forex trading on international pairs is restricted for domestic brokers, so most Brazilian forex traders access global markets through internationally licensed offshore firms.
39 brokers
True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
Read ReviewMulti-regulated Australian ECN-style broker with fast execution, MT4 / MT5 / cTrader / TradingView and a strong active-trader rebate program.
Read ReviewListed broker with global market access, lowest financing rates we benchmark, and the powerful TWS workstation.
Read ReviewNFA- and FCA-regulated with strong US/UK coverage, transparent historical pricing, and excellent research.
Read ReviewTrue ECN pricing, all three major platforms, strong ASIC regulation, and IRESS integration for share CFDs - a complete package for active traders.
Read ReviewLSE- and WSE-listed broker with strong European regulation, a genuinely excellent proprietary platform, and one of the most competitive fee structures in retail forex - especially for stock CFD and ETF traders.
Read ReviewExceptional value for developing-market traders - instant withdrawals, $1 minimum deposit, and ultra-competitive raw spread pricing.
Read ReviewLow minimum deposit, broad bonus program, and strong educational content. CySEC- and ASIC-regulated.
Read ReviewPure ASIC-regulated ECN broker with raw spreads from 0.0 pips and a $8 round-turn commission on the Direct account - a straightforward professional-grade execution desk without the marketing overhead of larger brokers.
Read ReviewMulti-regulated broker with extensive account range, competitive Zero account spreads, strong EU regulation and quality webinar and education content.
Read ReviewAmong the lowest commissions available at $6 round-turn on Pro accounts, with strong FCA, CySEC, and FSCA regulation and transparent execution.
Read ReviewFCA-regulated UK broker with 23 years of history, SMSG membership, and a proprietary ActivTrader platform featuring built-in volatility protection - strong in southern European markets.
Read ReviewMulti-platform broker with FCA and CySEC regulation, offering all four major retail platforms and transparent raw ECN pricing.
Read ReviewNo minimum deposit on standard account, a highly rated ThinkTrader mobile app, and JFSA regulation for Japanese clients.
Read ReviewASIC-regulated NDD/ECN broker with raw spreads from 0.0 pips and one of the most transparent execution reports in retail forex - a strong choice for active traders who prioritise verified execution quality over marketing.
Read ReviewTriple-regulated ECN specialist (FCA, CySEC, ASIC) and early cTrader adopter with one of the lowest commission structures in retail ECN - $1.5 per side per lot - making it highly cost-effective for active traders.
Read ReviewCySEC and FCA-regulated broker with broad emerging-market reach, strong copy trading via MyFXBook integration, and a low $10 minimum deposit that makes it accessible to first-time traders.
Read ReviewLow minimum deposit, raw ECN pricing, copy trading, and ASIC/FCA regulation make Vantage a strong all-around option for retail traders.
Read ReviewBest-in-class social and copy trading on a clean proprietary web/mobile platform. FCA / CySEC / ASIC regulated.
Read ReviewOne of the lowest-cost ECN brokers globally at $4.50/lot, no minimum deposit, and three platform options - strong value for cost-conscious traders.
Read ReviewNo minimum deposit required, high leverage on offshore entity, and copy trading via HFcopy - with FCA, CySEC, and FSCA regulation.
Read ReviewVeteran FCA-regulated broker with strong API support, MT4, and the proprietary Trading Station platform.
Read ReviewMulti-regulated broker with ASIC, FSCA, and FSA Seychelles licences, offering competitive raw ECN conditions and a proprietary platform alongside MT4 and MT5 - growing presence in Africa and Asian markets.
Read ReviewNew Zealand-regulated ECN broker with all three major platforms, no minimum deposit on standard accounts, and good Asia-Pacific coverage.
Read ReviewVeteran retail broker with MFSA, VFSC, FSC BVI, and LFSA licensing, best known for synthetic indices - volatility-simulated instruments that trade around the clock - alongside a standard forex and CFD offering.
Read ReviewModern Swedish-founded broker with CySEC and FCA regulation, a visually polished proprietary platform, and cTrader for advanced traders - well-positioned for EU retail clients seeking a contemporary alternative to legacy MetaTrader brokers.
Read ReviewNo minimum deposit, strong ASIC regulation, excellent MT4 infrastructure for EA traders, DXtrade for a modern web experience, and competitive Pro account pricing.
Read ReviewFixed spreads from 0.6 pips with no commission, no minimum deposit, and strong FCA and ASIC regulation - simple, transparent pricing for cost-conscious traders.
Read ReviewBaFin-regulated German-headquartered social trading broker with a purpose-built copy trading ecosystem - NAGA Trader merges a social feed, ranked traders, and one-click copy into a single platform.
Read ReviewOne of the longest-operating CySEC-regulated brokers, offering standard and ECN accounts on MT4 and MT5 - a solid EU retail offering backed by a track record few Cyprus-based competitors can match.
Read ReviewASIC-regulated Australian broker with broad 2,200+ instrument coverage, TradingView integration, and raw ECN accounts - stronger on instrument breadth than on brand recognition.
Read ReviewIFSC Belize-regulated broker with a genuine ECN/STP execution model, multiple platform options including cTrader, and a broad 12,000+ instrument range that goes beyond most forex-focused competitors.
Read ReviewCySEC-regulated broker (EU entity) with a dominant presence in South Asia through OctaTrader copy trading - a purpose-built social trading interface popular with first-time traders across India, Pakistan, and Indonesia.
Read ReviewASIC-regulated Australian broker with 10,000+ instruments including DMA equities, well-positioned for Asian traders who want Australian regulatory standards alongside a broad asset range.
Read ReviewHistoric retail forex brand regulated by FSC Mauritius, offering MT4 and MT5 with ECN and Standard accounts, widely recognised in the CIS and emerging markets but operating under an offshore licence since the Alpari UK collapse.
Read ReviewFixed spreads, unique risk management tools (dealCancellation, freeze rate), and a very low $25 minimum deposit make easyMarkets accessible for risk-averse traders.
Read ReviewOffshore broker with CySEC and IFSC licensing, dominant in Southeast Asia and MENA through heavy localised marketing and generous bonuses - best evaluated on regulatory strength rather than promotion value.
Read ReviewLong operational history since 1997, zero spread commission model, and very low $10 minimum deposit - though limited to CySEC regulation and restricted markets.
Read ReviewFSC BVI-regulated broker with over 17 years of operation, known for cent accounts and accessible entry conditions for beginner traders in Asia and the CIS - regulatory depth is limited under the offshore BVI framework.
Read ReviewForex trading is regulated in Brazil. The country currently has 39 brokers operating under its regulatory framework. Always verify a broker's licence with the CVM before depositing funds.
Look for brokers regulated by the CVM or a Tier 1 regulator such as the FCA or ASIC. Compare spreads, leverage caps, available instruments, and customer support in your language. Our list above is sorted by overall rating to help you shortlist quickly.
Regulated brokers under the CVM are required to segregate client funds from company funds and participate in investor compensation schemes where applicable. Always check the broker's regulatory status and read the terms before depositing.
Leverage limits vary by jurisdiction. Under CVM rules, traders in Brazil may be subject to local leverage restrictions, for example capped at 1:30 for major pairs. Check the specific broker's terms for the leverage available to residents of Brazil.
Yes. Most brokers available in Brazil offer iOS and Android apps compatible with platforms such as MetaTrader 4, MetaTrader 5, and cTrader. Look for brokers that list "Mobile Trading" as a key feature.
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