Best CFD Brokers in Brazil 2025

Last updated Jan 15, 2025

We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top CFD brokers based on our analysis:

  1. 1
    AvaTrade Logo
    AvaTrade - Best CFD trading broker in Brazil - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources.
  2. 2
    Pepperstone Logo
    Pepperstone - Wide selection of trading platforms. Tight spreads and favourable trading conditions. Numerous regulatory licenses.
  3. 3
    Roboforex Logo
    Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts.
  4. 4
    FxPro Logo
    FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools.
  5. 5
    AMarkets Logo
    AMarkets - A wide range of trading assets. Extensive analytical capabilities using modern tools and trading robots. No commissions on many operations.
  6. 6
    Admirals Logo
    Admirals - Low trading fees. Wide range of payment methods. Extensive analytical resources.
  7. 7
    ActivTrades Logo
    ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides.
  8. 8
    Oanda Logo
    Oanda - Tight spreads. Diverse markets and products. Advanced trading platforms.
  9. 9
    XM Logo
    XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account.
  10. 10
    InstaForex Logo
    InstaForex - Large selection of trading instruments. PAMM accounts and the ForexCopy automatic trade copying service for passive income. 24/7 efficient customer support.

The brokers we have selected distinguish themselves with their advanced trading platforms, competitive commission rates, and a wide variety of CFDs, making them leading choices for CFD trading.

Comparison of Top 10 CFD Brokers in Brazil

Below is a quick comparison table of the Top 10 CFD brokers offering services in Brazil:

1
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
2
Register81.7% of retail investors lose money when trading CFDs with this broker
Foundation Year2010
Minimum Deposit
$1
3
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$10
4
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2006
Minimum Deposit
$100
5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2007
Minimum Deposit
$100
6
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2001
Minimum Deposit
$1
7
Register81% of retail investors lose money when trading CFDs with this broker
Foundation Year2000
Minimum Deposit
$1
8
Register71-76.6% of retail investors lose money when trading CFDs with this broker
Foundation Year2001
Minimum Deposit
$1
9
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$5
10
Register71.99% of retail investors lose money when trading CFDs with this broker
Foundation Year2007
Minimum Deposit
$1

1. AvaTrade

AvaTrade Logo
1
RegisterTrading CFDs carries high risks. You may lose all invested funds
Trading Assets
ForexStocksIndicesETFCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTraderAvaTradeGO
compare AvaTrade trading accounts

AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.

Pros and Cons of AvaTrade

Pros

  1. A wide selection of financial assets.
  2. Innovative trading platforms.
  3. Highly rated educational resources.

Cons

  1. Limited trading account options.
  2. Account inactivity fee.

2. Pepperstone

Pepperstone Logo
2
Register81.7% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyETFStocksPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 5MetaTrader 4cTraderTradingView
compare Pepperstone trading accounts

Pepperstone is a significant and reliable broker that offers a broad range of trading instruments and attractive trading conditions. With regulation by serious authorities, clients can be confident in the security of their funds.

The broker is suitable for various types of traders. Beginners will find extensive educational materials, including trading guides, webinars, instructional videos, and Forex trading courses. Experienced traders will also appreciate Pepperstone's opportunities, including favorable trading conditions, various trading platforms, and access to complex trading instruments.

The broker's technical support operates at a high level, offering clients quick and efficient responses to any questions.

Pepperstone is an excellent choice for traders of all experience levels. With a unique combination of educational materials, trading tools, and high-quality customer service, this broker ensures excellent conditions for successful trading.

Pros and Cons of Pepperstone

Pros

  1. Wide selection of trading platforms.
  2. Tight spreads and favourable trading conditions.
  3. Numerous regulatory licenses.
  4. A large number of trading assets.

Cons

  1. Lack of diversity in types of trading accounts.

3. RoboForex

Roboforex Logo
3
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesStocksETFPrecious MetalsEnergy CarriersSoft CommoditiesFutures
Trading Platforms
MetaTrader 5MetaTrader 4R WebTraderR MobileTraderR StocksTrader
compare Roboforex trading accounts

RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.

Pros and Cons of Roboforex

Pros

  1. A variety of trading platforms.
  2. Over 12,000 trading assets.
  3. Different types of trading accounts.
  4. Competent 24/7 customer support.
  5. Loyalty programs and bonus offers for clients.
  6. Low spreads and fees.

Cons

  1. Regulation in an offshore jurisdiction.
  2. Beginner traders may find a lack of educational materials.

4. FxPro

FxPro Logo
4
4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4FxPro EdgeMetaTrader 5cTrader
compare FxPro trading accounts

FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.

Pros and Cons of FxPro

Pros

  1. Various trading platforms.
  2. A diverse range of available markets and products.
  3. Multiple analytics tools.
  4. Extensive educational materials.

Cons

  1. An inactivity fee.
  2. Absence of cent accounts and services for copying trades.

5. AMarkets

AMarkets Logo
5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksBondsPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 5MetaTrader 4
compare AMarkets trading accounts

AMarkets is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success.

Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform.

Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income.

Pros and Cons of AMarkets

Pros

  1. A wide range of trading assets.
  2. Extensive analytical capabilities using modern tools and trading robots.
  3. No commissions on many operations.
  4. Convenience and simplicity of opening an account and managing it.

Cons

  1. Not the most extensive educational materials.
  2. On some assets, spreads are higher than those of competing Forex brokers.

6. Admirals

Admirals Logo
6
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrencyStocksETF
Trading Platforms
MetaTrader 4MetaTrader 5
compare Admirals trading accounts

The broker Admirals is suitable for a broad spectrum of traders. With its strict regulation, various account types, and a competent set of educational and analytical materials, this broker provides high-quality services for novice and experienced traders.

Beginners seeking detailed educational resources and support will undoubtedly appreciate this broker. Experienced traders will also find it beneficial due to competitive trading commissions, abundant tools for analysis and trading, and the convenience of the depositing and withdrawal process.

Pros and Cons of Admirals

Pros

  1. Low trading fees.
  2. Wide range of payment methods.
  3. Extensive analytical resources.
  4. A rich collection of educational materials.

Cons

  1. Inactivity fee.
  2. Some users complain about the intrusiveness of the support service.

7. ActivTrades

ActivTrades Logo
7
Register81% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexStocksIndicesCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft CommoditiesETF
Trading Platforms
MetaTrader 4MetaTrader 5ActivTraderTradingView
compare ActivTrades trading accounts

ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.

However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.

Pros and Cons of ActivTrades

Pros

  1. Wide range of trading assets.
  2. A wide variety of trading platforms.
  3. Extensive training materials including webinars, videos, articles and guides.
  4. Professional Support Team.

Cons

  1. Lack of diversity in trading accounts.

8. OANDA

Oanda Logo
8
4.3/5
Oanda review
Register71-76.6% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy CarriersSoft CommoditiesBonds
Trading Platforms
MetaTrader 5MetaTrader 4TradingViewfxTrade
compare Oanda trading accounts

Oanda is an excellent choice for traders seeking a reliable and regulated broker with competitive spreads and various trading assets.

With quality analytics and diverse educational materials, Oanda suits beginners and experienced traders.

Pros and Cons of Oanda

Pros

  1. Tight spreads.
  2. Diverse markets and products.
  3. Advanced trading platforms.
  4. Quality analytics.
  5. Extensive learning section.

Cons

  1. Limited trading account types.
  2. Inactivity fee.
  3. High swaps.

9. XM

XM Logo
9
4.2/5
XM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesStocksPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4
compare XM trading accounts

XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.

Pros and Cons of XM

Pros

  1. Wide range of trading assets.
  2. Extensive educational resources.
  3. Tight spreads on the Ultra Low account.
  4. Many analytical materials.
  5. Commission-free deposits and withdrawals.

Cons

  1. Inconsistency in technical support.
  2. Inactivity fee.
  3. Standard account has a higher spread than the market average.

10. InstaForex

InstaForex Logo
10
Register71.99% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksETFPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 5MetaTrader 4InstaForex Webtrader
compare InstaForex trading accounts

InstaForex is a popular broker that offers a wide range of trading instruments and specialized accounts. The unique possibility of accruing interest on the account balance, ForexCopy's automatic transaction copying service, and support for cryptocurrency trading make InstaForex an attractive choice for a variety of traders. Customer support is available round the clock, and account replenishment does not charge any commission, which is a significant plus.

InstaForex is suitable for beginner traders and investors interested in passive income through PAMM accounts, as well as for those looking for innovative features such as cryptocurrency trading and automatic trade copying.

Pros and Cons of InstaForex

Pros

  1. Large selection of trading instruments.
  2. PAMM accounts and the ForexCopy automatic trade copying service for passive income.
  3. 24/7 efficient customer support.
  4. Wide range of methods for depositing and withdrawing funds.
  5. Decent analytical section.

Cons

  1. Trading commissions are above average.
  2. No trading accounts with market execution of orders (ECN or STP).
  3. Broker commission on fund withdrawals.

What is CFD?

A Contract for Difference (CFD) is a popular financial derivative that allows traders to speculate on price movements of an asset without owning the underlying asset. Instead, you enter into a contract with a broker to exchange the difference in the asset’s price between the time the position is opened and closed.

How CFDs Differ from Other Financial Instruments

  • No Ownership: You don’t physically own the underlying asset.
  • Leverage: CFDs often allow margin trading, meaning you can open positions larger than your initial deposit.
  • Short Selling: CFDs enable traders to profit from falling markets as easily as from rising markets.

Pros and Cons of CFD Trading

Advantages

  • High Leverage: Amplify gains with relatively small capital.
  • Flexible Market Access: Trade a wide range of assets (stocks, commodities, Forex) from one platform.
  • Short Selling: Easily profit from downward price movements.

Disadvantages

  • High Risk: Leverage can also magnify losses.
  • Overnight Fees: Holding positions overnight can incur financing charges.
  • Regulatory Constraints: Some jurisdictions impose limitations on CFD trading.

Key Factors to Consider When Choosing a CFD Broker

  1. Regulation and Security. Look for brokers regulated by reputable authorities such as the ASIC, FCA, or CySEC. This ensures your funds are safer, and the broker follows strict guidelines.
  2. Trading Fees and Costs. Compare spread, commission, and swap fees among different brokers. Some brokers claim zero-commission structures but might compensate through wider spreads.
  3. Trading Platforms. Check whether the broker supports platforms like MetaTrader 4, MetaTrader 5, cTrader, or proprietary solutions. A reliable platform should offer user-friendly interfaces, advanced charting, and technical indicators.
  4. Asset Availability. Make sure the broker provides a diverse range of tradable assets including Forex, indices, commodities, cryptocurrencies, and stocks.
  5. Customer Service. Look for prompt and helpful support via live chat, email, or phone. Quality customer service can save you from costly mistakes.
  6. Educational Resources. Webinars, tutorials, and market analysis tools can be crucial for improving your trading skills and decision-making.

How Was the List of the Best CFD Brokers in Brazil Compiled?

When compiling our list of CFD brokers for Brazilian traders, we relied on a carefully designed set of criteria to ensure that only the most reliable and high-quality brokers made the cut. The following key factors guided our selection process:

  1. Initial Broker Database. We began by using our comprehensive Forex brokers list as the basis for ranking, taking into account each broker’s proven quality in the Forex arena and assessing their CFD offerings accordingly.

  2. Rigorous Testing Standards. Each broker underwent multiple layers of scrutiny to meet our strict benchmarks for reliability and performance. Our method ensures that only brokers maintaining a high level of operational excellence are included.

  3. Focus on Brazilian Traders. All shortlisted brokers offer terms and conditions suitable for a wide range of Brazilian investors. This includes language support (where applicable), convenient deposit and withdrawal methods, and services tailored to local market needs.

  4. Specific CFD Features. We ensured that every broker provides a diverse array of trading instruments, competitive spreads, and robust platforms suitable for both novices and seasoned traders.

  5. Client Fund Security. The selected brokers maintain segregated client accounts and comply with reputable regulatory authorities such as CySEC, FCA, and ASIC, helping safeguard traders’ capital.

By applying these comprehensive criteria, we curated a list of CFD brokers that not only excel in reliability and security but also specifically address the needs of Brazilian traders. This approach empowers investors in Brazil to enter the CFD market with confidence, knowing they are working with trustworthy, top-tier brokers.

FAQ

Yes, CFD trading is generally legal in Brazil, but it’s crucial to choose a broker authorized to operate in your region. Always check local regulations before you begin.

What is the minimum deposit required to start trading CFDs?

The minimum deposit varies by broker. Some, like Pepperstone or Admirals, allow you to start with as little as $1, while others may require $100 or more.

Can beginners successfully trade CFDs?

Absolutely. Many brokers offer demo accounts and educational resources to help beginners get up to speed. However, it’s essential to practice risk management and continuous learning. Additionally, be sure to check out our best Forex brokers for beginners in Brazil list to find platforms that are well-suited for those just starting out.

What are the risks associated with CFD trading?

Leverage risk, market volatility, and overnight fees are among the top risks. It’s important to have a solid trading plan and never risk more than you can afford to lose.

How do I choose the right trading platform for CFDs?

Consider user experience, technical tools, speed, and reliability. Platforms like MT4 or MT5 are popular for their wide range of indicators and automated trading capabilities.

Can I trade CFDs on my mobile device?

Yes, most brokers offer mobile applications compatible with iOS and Android devices, allowing you to trade on-the-go.

What types of assets can I trade with CFDs?

You can typically trade Forex, stocks, indices, commodities, and even cryptocurrencies as CFDs. Each broker may offer a different range.

How do CFD brokers make money?

Brokers often earn through spreads, commissions, or overnight financing fees. Some might also profit from volume-based trading activities.

Are demo accounts available for practicing CFD trading?

Most reputable brokers provide a demo account that mirrors real market conditions. This is an excellent way to practice and test strategies without risking actual capital.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.