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BR · Country profile

Best brokers in Brazil

The Comissão de Valores Mobiliários (CVM) supervises the securities market; the exchange is B3. Avenue and Webull serve investors in Brazil through a Brazilian company authorised by the central bank and the CVM (CVM Parecer de Orientação 33/2005); per Avenue, the US broker's own services are neither registered with nor supervised by the CVM. Under the current decree text, IOF on foreign exchange charges 1.10% on transfers abroad for investment. Anyone holding capital abroad of USD 1 million or more must report it to the central bank every year.

The ranking

Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.

Brokers available
37of 72
With a local licence
1
Tier-1 regulated
35
Avg. score
4.0

Market in figures

Brazil: the broker market in figures

37 of the 72 brokers in our dataset accept clients resident in Brazil. The figures below count only what a record documents — a missing entry never counts as a yes.

BRL as an account currency
3of 37
Customer support in Portuguese
26of 37
Commission on a €5,000 share order
€0 – €511 providers with a comparable price
No custody fee (documented)
18of 37

Run your own numbers

Country profile

Market profile

Supervision, investor protection and tax — the three points that decide the account.

Brazil

BR · Country profile

Local currency
BRL
Local regulator
CVM
Recorded providers
37 of 72

Investor protection

MRP (B3, administered by BSM) — up to BRL 200,000 per investor for proven losses caused by participants in the markets B3 operates; under certain conditions also for cash held with the participant.

The part that decides

Tax notes

Net gains on Brazilian exchanges are taxed at 15%, day trades at 20% (Lei 11.033/2004); gains on spot-market shares are exempt in months in which total share sales do not exceed BRL 20,000. The domestic intermediary withholds 0.005% as an advance; losses can be offset against later gains of the same kind. Income from investments abroad — including dividends, gains on shares sold on foreign exchanges and currency gains — is taxed at 15% in the annual return, with no deductions (Lei 14.754/2023). Since January 2026 a company withholds 10% when it pays the same individual more than BRL 50,000 in dividends in a month (Lei 15.270/2025). There is no income tax treaty with the United States, so US dividends bear 30% US withholding tax; Brazil credits it only under a treaty or reciprocity.

Brokers that withhold tax locally

Our dataset records no provider as a tax withholding agent for this country. How you declare the income is governed by the country's tax law.

Orientation based on the general legal position — not tax advice. Your personal situation and the legislation in force at the time govern.

Available here

The ranking

Ranked by our overall score across ten weighted criteria. Only providers that accept clients resident here.

See all brokers
Where you live decides which brokers and promotions are open to you. The page language is independent of it.

Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.

Rank 1

Charles Schwab

The full-service US giant that also owns thinkorswim, a professional-grade trading platform.

  • US long-term investors
  • Options and futures traders
Stocks (per order)
Free
Minimum deposit
None
FX conversion
1 %
StocksETFsOptionsFutures+5
  • Pros: USD 0 commission on every online listed US stock and ETF order, with no share cap and no proprietary-fund restrictions
  • Cons: No spot cryptocurrency trading — only ETFs, futures and crypto-adjacent equities, which puts Schwab behind Fidelity and well behind Robinhood
Group index 93/100
SECFINRA, FDIC
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 2IG logo

IG

The most complete leveraged-trading operation in Europe — and it prices like it knows that.

  • Experienced CFD and spread bet traders
  • Multi-asset traders who want one account

Volume rebate — CFD volume rebate at the Bermuda entity

Stocks (per order)
Free
Minimum deposit
None
FX conversion
0.8 %
StocksETFsOptionsFutures+9
  • Pros: Around 17,000 tradable markets in a single account — shares, indices, FX, commodities, bonds, ETFs, turbo warrants and crypto CFDs, subject to regional restrictions
  • Cons: The 0.8% currency conversion mark-up on foreign-currency CFD and spread bet trades is where much of the real cost hides — on a USD position round-trip it comfortably exceeds the spread
Group index 100/100
FCABaFin, FINMA, ASIC, MAS, JFSA, DFSA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 3Interactive Brokers logo

Interactive Brokers

The cheapest serious route to almost every market on earth — if you can live with the learning curve.

  • Active and professional traders
  • Multi-currency investors

Up to USD 1,000 in stock — Referral programme with share credit

Note: this button leads to the Interactive Brokers home page and is not a referral link. The share credit is only available if you open the account through an invitation from an existing Interactive Brokers client.

Stocks (per order)
0.05 %
Minimum deposit
None
FX conversion
0 %
StocksETFsOptionsFutures+8
  • Pros: US stocks from USD 0.0035 per share on the Tiered plan, minimum USD 0.35 per order and capped at 1% of trade value
  • Cons: Customer support is the most common complaint: many requests go through the ticket system, and public reviews (e.g. on Trustpilot) often cite slow replies and template answers
Group index 90/100
SECFCA, CBI, ASIC, MAS
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 4CMC Markets logo

CMC Markets

One of the best charting packages in retail CFD trading, wrapped around a narrower product range than the market count suggests.

  • Technical and chart-driven traders
  • UK and Irish spread betting
Stocks (per order)
Free (CFD)
Minimum deposit
None
FX conversion
0.7 %
StocksETFsOptionsForex+6
  • Pros: Next Generation is one of the strongest charting suites bundled with a retail CFD account —115+ indicators, 70 chart patterns, 12 chart types and pattern-recognition scanners, at no extra cost
  • Cons: None of CMC's derivatives is exchange-traded: the options it quotes are OTC and cash-settled, and there are no cleared futures at all, so CMC is the counterparty on every derivative contract and no clearing house stands behind it
Group index 94/100
FCAASIC, BaFin, MAS
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 5

Pepperstone

Raw spreads and five platforms for traders who care about execution cost, not about owning the asset.

  • Active FX traders
  • Scalping and day trading

From 0.0 pips — Raw spreads from 0.0 pips with commission

Stocks (per order)
0.1 % (CFD)
Minimum deposit
US$10
FX conversion
n/a
StocksETFsForexCFDs+5
  • Pros: Razor all-in EUR/USD cost of about 0.8 pips - a 0.0 to 0.1 pip raw spread plus USD 3.50 per lot per side
  • Cons: Everything is a CFD. You never own the share or ETF, so there are no voting rights, no transferable holdings and no dividend tax reclaim
Group index 82/100
FCAASIC, BaFin, CySEC, DFSA, SCB, CMA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 6Saxo logo

Saxo

A Danish bank that trades like a professional platform — broad, polished, and no longer expensive.

  • Multi-asset portfolios
  • Bond investors

Tiered — Improved pricing at higher account tiers

Stocks (per order)
0.08 %
Minimum deposit
None
FX conversion
0.25 %
StocksETFsOptionsFutures+7
  • Pros: Full Danish banking licence (Finanstilsynet licence 1149) and SIFI designation — a stronger structural safeguard than a broker-only permission
  • Cons: Currency conversion costs 0.25% over mid-market for EU and Swiss clients, and up to 0.60% at the UK entity's Classic tier — the single largest hidden cost for cross-currency investors
Group index 96/100
DFSAFCA, FINMA, MAS, JFSA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 7Capital.com logo

Capital.com

A polished retail CFD platform in Europe, provided you accept that CFDs are the whole product.

  • Active CFD traders
  • Forex day trading
Stocks (per order)
in the spread
Minimum deposit
US$20
FX conversion
0.7 %
StocksETFsForexCFDs+4
  • Pros: No commission on any CFD and no inactivity fee whatsoever — unusual in the CySEC/FCA CFD segment
  • Cons: 0.7% currency conversion markup on every trade settled outside your base currency — the single largest hidden cost here
Group index 77/100
FCAASIC, CySEC
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 8CapTrader logo

CapTrader

Interactive Brokers' market access wrapped in German regulation, German support and a German phone number.

  • German-speaking options and futures traders
  • Active traders who want IBKR pricing with German support
Stocks (per order)
0.1 %
Minimum deposit
€2,000
FX conversion
0 %
StocksETFsOptionsFutures+7
  • Pros: BaFin-supervised German investment firm (institution number 10156708) with a Düsseldorf address, German contract law and a free German hotline until 20:00
  • Cons: No Abgeltungsteuer is withheld. German investors gain a compounding advantage but must declare everything themselves via Anlage KAP, and a Freistellungsauftrag is not possible — for many people that alone rules CapTrader out
Group index 81/100
BaFinCBI, FCA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 9

IC Markets

One of the cheapest routes to raw institutional FX pricing - as long as you check which entity you are signing with.

  • Algorithmic and EA traders
  • Scalping and high-frequency FX
Stocks (per order)
0.1 % (CFD)
Minimum deposit
€200
FX conversion
n/a
StocksFuturesForexCFDs+5
  • Pros: All-in EUR/USD cost of roughly 0.6 to 0.8 pips on Raw Spread - a 0.0 to 0.1 pip raw spread plus USD 3.50 per lot per side
  • Cons: Most non-EU, non-Australian clients contract with Raw Trading Ltd under Seychelles licence SD018 - an offshore regulator with no investor compensation scheme behind it
Group index 70/100
ASICCySEC, FSCA, FSA, SCB, CMA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 10tastytrade logo

tastytrade

An options-specialist US broker: USD 1 per contract to open, closing commission-free — built by people who trade premium for a living.

  • Options premium sellers
  • High-volume multi-leg traders

USD 0 to close — No commission to close options positions

Stocks (per order)
Free
Minimum deposit
None
FX conversion
n/a
StocksETFsOptionsFutures+5
  • Pros: Equity options are USD 1 per contract to open, USD 0 to close and capped at USD 10 per leg — large multi-leg orders scale for free
  • Cons: FINRA censured and fined tastytrade USD 850,000 in 2026 for failing to run adequate best-execution reviews on equity orders routed to five payment-for-order-flow market makers between 2020 and 2023
Group index 82/100
FINRASEC, NFA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: investing in securities involves risk. You may lose some or all of the capital you invest.

Rank 11Kraken logo

Kraken

The most heavily licensed venue in crypto — and the only one that is also a chartered US bank.

  • Traders who prioritise regulatory quality
  • Crypto derivatives and margin traders
Stocks (per order)
Share trading not offered
Minimum deposit
€1
FX conversion
n/a
StocksETFsOptionsFutures+3
  • Pros: Wyoming SPDI bank charter through Kraken Financial — a full-reserve institution required to hold 100% unencumbered liquid assets against customer fiat, with a Federal Reserve limited-purpose master account
  • Cons: Entry-tier spot pricing of 0.40% maker and 0.80% taker is the most expensive base rate among major regulated venues, and you need USD 10,000 of 30-day volume before it drops below 0.40% taker
Group index 78/100
CBIFCA, SEC, CFTC, WY DoB, CySEC, VARA, BVI FSC
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 12

OANDA

Thirty years, six top-tier licences and one of the strongest mobile apps in FX - attached to spreads you have to work around.

  • Beginners
  • Mobile-first traders
Stocks (per order)
0.06 % (CFD)
Minimum deposit
None
FX conversion
1 %
StocksETFsForexCFDs+6
  • Pros: Regulated by six tier-1 authorities - CFTC/NFA, FCA (542574), CIRO, ASIC (AFSL 412981), MAS and the JFSA - a licence footprint almost nobody in retail FX matches
  • Cons: The default spread-only account is expensive: EUR/USD has been measured at 1.4 to 1.7 pips against roughly 0.8 pips all-in at raw-spread competitors
Group index 89/100
CFTC/NFAFCA, ASIC, CIRO, MAS, JFSA, KNF, BVI FSC
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Accounts and offers

Tax-advantaged accounts in Brazil

What tax law provides, with source and date. Whether an account suits your situation is not something we judge — this is not tax advice.

Tax-advantaged accounts in Brazil
AccountLimitMinimum holding periodTax treatmentHoldings and rulesSource
PGBLPension productnot statednot stated
  • Contributions reduce taxable income
  • Taxed on withdrawal or payout
not statedSource: planalto.gov.brAs of 25 October 2026
VGBLInsurance contractnot statednot stated
  • Taxed on withdrawal or payout
not statedSource: planalto.gov.brAs of 25 October 2026
PGBL
Private pension plan. Contributions are deductible up to 12% of the income counted in the annual return, but only if the person also contributes to the general (RGPS) or public-servant social security regime (Lei 9.532/97 art. 11). Payouts are taxed under the progressive table or, by option, under a regressive final-withholding table: 35% for accumulation of up to two years down to 10% above ten years (Lei 11.053/2004). Since Lei 14.803/2024 the option can be made until the first benefit or redemption and is then irrevocable.Source: planalto.gov.brAs of 25 October 2026
VGBL
Life insurance with survival cover. Lei 11.053/2004 extends the optional regressive table (35% down to 10%) to such policies taken out from 1 January 2005. We have not read in the statute whether contributions are deductible or whether only the gain is taxed.

What brokers in our comparison offer in Brazil

Only brokers that accept clients resident in Brazil, and only what a source documents. A broker missing from a row is undocumented — not a “no”.

Branch or company in the country

  • WebullH.H. Picchioni Corretora de Câmbio e Valores MobiliáriosSource: webull.com.brAs of 25 October 2026

    Per Webull Brazil, a Brazilian broker authorised by the central bank and the CVM that has contracted with Webull Financial LLC and offers its services to investors in Brazil. Per the website, the services of Webull Financial LLC itself are neither registered with nor supervised by the CVM.

Website in Portuguese

By trading style

Best broker per category

Every category weights the rating criteria differently — which is why the same provider rarely wins everywhere.

Transparency

Not available here

Transparency means showing the gaps too. These recorded providers do not accept clients resident here.

Tax and protection

Tax, supervision and investor protection in Brazil

Every fact with its source and the date we read it. Not tax or investment advice.

Supervision

  • Comissão de Valores Mobiliários (CVM)Source: gov.brAs of 25 October 2026

Exchange

Investor protection

  • MRP (B3, administrado pela BSM)Securities: up to R$200,000 per clientSource: bsmsupervisao.com.brAs of 25 October 2026

    Per BSM, the Mecanismo de Ressarcimento de Prejuízos compensates investors up to BRL 200,000 for proven losses caused by the acts or omissions of participants in the markets B3 operates. The source does not say whether it protects clients of foreign brokers.

  • MRP (B3, administrado pela BSM)Cash held with the securities: up to R$200,000 per clientSource: bsmsupervisao.com.brAs of 25 October 2026

    The MRP also compensates cash held in the investor's account at the participant, up to BRL 200,000, for B3 exchange and central-counterparty derivatives operations, on a central bank intervention or extrajudicial liquidation of the participant.

Such schemes pay when an institution fails and cannot return securities or cash. They do not cover falling prices.

US withholding tax

30% on US dividends: there is no income tax treaty with the US

Source: irs.gov/individuals/international-taxpayers/nra-wit…As of 25 October 2026Source: irs.gov/businesses/international-businesses/united-…As of 25 October 2026Source: planalto.gov.brAs of 25 October 2026

Brazil is not on the IRS list of US income tax treaties (updated 3 January 2026), so the statutory 30% applies. Under Lei 14.754/2023 art. 4, tax paid abroad can be deducted in Brazil only where a treaty provides for it or there is reciprocity, and at most up to the Brazilian tax on that income.

Transaction tax

  • IOF – operações de câmbio1.1%Source: planalto.gov.brAs of 25 October 2026

    1.10% on foreign-exchange settlements by which a Brazilian resident transfers money abroad for investment (Decreto 6.306 art. 15-B XXI-A as worded by Decreto 12.499/2025); for other transfers to one's own disposal abroad, art. 15-B XXI sets 3.5%. The current text refers to Decreto Legislativo 176/2025 and to case ADC 96 before the Supreme Court, whose decision we have not read. That the Brazilian FX institution collects the tax rather than the foreign broker is our assumption.

Locally licensed providers we do not compare (yet)

Not rated and not part of our ranking; listed alphabetically. The details come from the providers themselves and the sources named.

  • Avenue

    not rated
    Regulator:
    BCB / CVM
    Website: avenue.usSource: avenue.usAs of 25 October 2026

    US brokerage for investors in Brazil, offered through Avenue Securities Banco de Investimento S.A., which Avenue says is authorised by the central bank and the CVM, under CVM Parecer de Orientação 33/2005. Per Avenue, the services of Avenue Securities LLC (US, FINRA BrokerCheck 292589) are neither registered with nor supervised by the CVM.

  • BTG Pactual

    not rated
    Regulator:
    CVM
    Website: btgpactual.comSource: dados.cvm.gov.brAs of 25 October 2026

    Listed in the CVM register as Banco BTG Pactual S/A (multiple bank with an investment portfolio, CNPJ 30.306.294/0001-45) and as BTG Pactual Serviços Financeiros S/A DTVM. The website blocked our request.

  • Inter (Inter Invest)

    not rated
    Regulator:
    CVM
    Website: inter.coSource: dados.cvm.gov.brAs of 25 October 2026

    Listed in the CVM register as a distribuidora (Inter Distribuidora de Títulos e Valores Mobiliários Ltda., CNPJ 18.945.670/0001-46). The website could not be read.

  • Nomad

    not rated
    Regulator:
    BCB / CVM
    Website: nomadglobal.comSource: nomadglobal.comAs of 25 October 2026

    US account and investing app for investors in Brazil through Global Investment Services DTVM, which Nomad says is authorised by the central bank and registered with the CVM. The website links a guide to income tax.

  • Nu Invest (Nubank)

    not rated
    Regulator:
    CVM
    Website: nuinvest.com.brSource: dados.cvm.gov.brAs of 25 October 2026

    Listed in the CVM register as a corretora (Nu Investimentos S.A. – Corretora de Títulos e Valores Mobiliários, CNPJ 62.169.875/0001-79).

  • XP Investimentos

    not rated
    Regulator:
    CVM
    Website: xpi.com.brSource: dados.cvm.gov.brAs of 25 October 2026

    Listed in the CVM register as a corretora “em funcionamento normal” (XP Investimentos CCTVM S.A., CNPJ 02.332.886/0001-04). The website blocked our request, so we have read nothing about its offer.

Sources and dates

We read every fact in these sections at the source named, on the date shown. Law and offers change; the source is what counts.

Show 13 sources
  1. Source: gov.brAs of 25 October 2026
  2. Source: planalto.gov.brAs of 25 October 2026
  3. Source: planalto.gov.brAs of 25 October 2026
  4. Source: interactivebrokers.comAs of 25 October 2026
  5. Source: webull.com.brAs of 25 October 2026
  6. Source: irs.govAs of 25 October 2026
  7. Source: irs.govAs of 25 October 2026
  8. Source: planalto.gov.brAs of 25 October 2026
  9. Source: planalto.gov.brAs of 25 October 2026
  10. Source: bsmsupervisao.com.brAs of 25 October 2026
  11. Source: dados.cvm.gov.brAs of 25 October 2026
  12. Source: avenue.usAs of 25 October 2026
  13. Source: nomadglobal.comAs of 25 October 2026

Head to head

The top 8, row by row

Fees apply to retail accounts under normal market conditions. Each provider's data date is on its review.

The top 8, row by row — Brazil
Rank#BrokerOverall scoreStocks (per order)Minimum depositFX conversionLocal licenceTax withheldAsset classesAction
1Charles SchwabSEC · FINRA · FDIC4.6FreeNone1 %Local licenceTax withheld9Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

2IG logoIGFCA · BaFin · FINMA4.5FreeNone0.8 %Local licenceTax withheld13Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

3Interactive Brokers logoInteractive BrokersSEC · FCA · CBI4.50.05 %None0 %Local licenceTax withheld12Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

4CMC Markets logoCMC MarketsFCA · ASIC · BaFin4.4Free (CFD)None0.7 %Local licenceTax withheld10Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

5PepperstoneFCA · ASIC · BaFin4.40.1 % (CFD)US$100.8 pipsLocal licenceTax withheld9Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

6Saxo logoSaxoDFSA · FCA · FINMA4.40.08 %None0.25 %Local licenceTax withheld11Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

7Capital.com logoCapital.comFCA · CySEC · ASIC4.3in the spreadUS$200.7 %Local licenceTax withheld8Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

8CapTrader logoCapTraderBaFin · CBI · FCA4.20.1 %€2,0000 %Local licenceTax withheld11Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Provider holds a licence from a supervisory authority of this country. Our dataset records the provider as a tax withholding agent for this country.

Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.

Countries

Frequently asked questions

37 of the 72 providers recorded in our dataset accept clients resident in Brazil. The highest rated right now are Charles Schwab, IG and Interactive Brokers. The full ranking with fees and regulation is at the top of this page.

Content on Brokaro is for information purposes only and is not investment, legal or tax advice. All information is provided without guarantee; only the provider's own statements are authoritative.

Read on

Guides and calculators for investors in Brazil

Background on tax, fees and regulation — and calculators for your own amounts.

Guides

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