Brazil
  • Only reliable and regulated CFD providers (accounts); your funds are protected and segregated

  • Compare CFD brokers by trading features and tools, platforms, range of markets, and more

Online CFD Broker Comparison – Brazil

Broker
fpmarkets broker
Markets
  • Common CFD Markets +
  • Cryptocurrencies

Platforms
  • WebTrader

  • MetaTrader 4

  • MetaTrader 5

  • Mobile & Tablet

Open Account
Apply

71% of retail investors lose money when trading CFDs with this provider

Notable Benefits
  • Trading Tools: VPS, Traders Toolbox, Forex Calculator

  • Transparent pricing and fast execution

Broker
xtb broker
Markets
  • Common CFD Markets +
  • Cryptocurrencies

  • ETFs

Platforms
  • xStation

  • xStation Mobile

  • No MetaTrader 4/5

Open Account
Apply

77% of retail investors lose money when trading CFDs with this provider

Notable Benefits
  • Trader’s calculator, performance statistics, sentiment

  • Easy to use, fully customisable trading platform

Broker
pepperstone broker
Markets
  • Common CFD Markets +
  • Cryptocurrencies

Platforms
  • cTrader

  • MetaTrader 4

  • MetaTrader 5

  • Mobile & Tablet

Open Account
Apply

72% of retail investors lose money when trading CFDs with this provider

Notable Benefits
  • Razor sharp pricing, with some of the most competitive spreads/commissions in the industry

  • Fast execution, no dealing desk intervention and deep liquidity along with award-winning 24/7 customer support

Broker
cityindex broker
Markets
  • Common CFD Markets +
  • Cryptocurrencies

  • Options

  • Bonds and Interest Rates

Platforms
  • Proprietary AT Pro

  • WebTrader

  • MetaTrader 4

  • Mobile & Tablet

Open Account
Apply

67% of retail investors lose money when trading CFDs with this provider

Notable Benefits
  • Over 12,000 financial markets to choose from and trade on state of the art trading platform with free analytical and technical indicators; WebTrader and MT4 are also available to access all the markets on offer

  • EU (EEA) customers are NOT accepted

Broker
spreadex broker
Markets
  • Common CFD Markets +
  • Cryptocurrencies

  • Options

  • Bonds and Interest Rates

  • Exchange Traded Funds

Platforms
  • Proprietary

  • Mobile & Tablet

Open Account
Apply

58% of retail investors lose money when trading CFDs with this provider

Notable Benefits
  • Even though SpreadEx don’t offer MT4, they make up for it with a humongous range of stocks to choose from

  • Simple but advanced trading platform to make your trading experience as pleasant as possible

Broker
xm broker
Markets
  • Common CFD Markets +
Platforms
  • WebTrader

  • MetaTrader 4

  • MetaTrader 5

  • Mobile & Tablet

Open Account
Apply

76% of retail investors lose money when trading CFDs with this provider

Notable Benefits
  • All clients benefit from Negative Balance Protection, so they are never at risk of losing more than their account balance

  • All clients enjoy the same fair and ethical trading conditions regardless of their net capital worth

Finding a Good CFD Broker in Brazil

Traders from all walks of life understand the importance of using only licenced and reputable providers, but with so many CFD brokers on the market, they may be forgiven for feeling overwhelmed and perplexed when it comes to selecting a trustworthy brokerage. Traders will have different requirements and needs depending on their trading experience and objectives, which is why it’s critical to review what brokers have to offer and how to make the best use of the features and trading platforms available; the comparison table above makes it simple to see what each CFD broker has to offer, as well as their pros and cons. Let’s take a closer look at what to expect and how to ensure you’re trading with the finest CFD brokers.

Regulation

When it comes to selecting a reputable Contracts For Difference broker, the first important factor to examine is regulation. Any broker who isn’t regulated should be avoided at all costs. Regulated companies are subject to more tighter restrictions as a result, ensuring that traders obtain the best possible bargain and preventing rogues or unfair business practises from affecting others’ trading success.

Most traders make a split-second decision when choosing a CFD broker, and as a result, a substantial proportion of traders are immediately unsatisfied with the level of service they are receiving. To guarantee that your search goes smoothly, remember to look for rules as a preliminary step to protect your money, personal data, and trading portfolio from unfair, illicit influence.

Regulated brokers are permitted to do lawful transactional business in Brazil, and given the nature of CFDs, traders should seek for a broker who is registered with a competent regulatory authority to provide the level of certainty and security that they demand. Only regulated CFD brokers are compared and reviewed to make it easier for traders and investors and to save time on research.

Reputable

You wouldn’t trust your money to the first stranger you meet on the street; instead, you’d open an account with a reputable bank, so why not do the same with CFD trading? If you want a good broker, look into their reputation and what other traders have to say about them. Fortunately, we’ve done the effort for you and combed internet forums and review sites to ensure that we only include reliable CFD brokers; firms with whom you can feel at ease and have a positive trading experience.

Costs

CFD brokers, like any other business, are in the business of making money, and they charge their clients for each trade they make. In order to have a successful trading career, it is critical to understand what charges brokers have and how to minimise them.

CFD brokers profit mostly from spreads, which are the difference between ask and bid prices. Traders gain from tighter spreads since they pay the spread every time they make a deal. Brokers typically have variable spreads (unless otherwise noted) that alter based on the underlying market circumstances; we only feature brokers with competitive spreads and transaction fees to ensure traders keep their trading costs low.

Overnight finance (swap rate) is a cost paid by traders for keeping their holdings overnight. CFDs are a leveraged product in which you borrow money from your broker and are charged interest every night for maintaining your positions. This price is often approximately +/-2.5 percent of the relevant interest rate benchmark, and if you plan on holding your positions for a long time, this fee can eat into your profits, therefore you may want to choose a swap free account.

Gone are the days of hidden fees like deposit and withdrawal charges or inactivity penalties; nowadays, CFD providers aim to keep their fees as straightforward and transparent as possible.

Markets

The number of markets you can trade from a single account is what makes CFDs so appealing, which is why it’s crucial to compare CFD brokers to ensure you can trade the markets you want. The markets offered by each broker are listed in the table above; while all brokers offer common markets (indices, stocks, currencies, and commodities), the number of stocks and other markets offered by each broker varies greatly, ranging from 1,000 to 20,000. Before you open a CFD account, double-check that your broker offers the markets you want to trade.

Accounts

CFD brokers typically offer a variety of accounts to select from, depending on your trading style, experience, and amount of trades. Make sure you choose the account that is most suited to your trading needs to avoid time and confusion in the future.

If you’re not sure which account is best for you, give them a call or connect with them on live chat so they can help you. This way, you can put their customer service to the test and end up with the perfect trading account; there’s no shame in asking for help; they’re there to aid you.

Top CFD Trading Platforms in Brazil

The CFD trading platform is a critical tool that you should familiarise yourself with and practise using to ensure that you understand how to execute trades and orders. Although brokers will supply you with a free trading system, some brokers will provide you a choice of well-known platforms. While the choice of trading software is totally up to you, as various individuals prefer different platforms, it is recommended that you begin trading on a platform that you are familiar with and understand, or that you spend some time learning how to use it efficiently. You may always practise trading a strategy by starting a free demo account and then transferring to a genuine account when you’re ready.

Interface

Trading platforms all have fairly similar designs, and if you’re comfortable with one, you’ll be comfortable with another, so you should choose the platform that you enjoy the most. Each platform is customizable, allowing you to simply fine-tune and change it to your liking.

Tools

Each platform will provide traders with a set of trading tools, but the variety of tools will differ substantially, and it is critical to use the system that provides you with the tools necessary to trade successfully. The majority of platforms will have an economic calendar and announcements, orders, charting software, indicators, and the ability to trade directly from the graphs. That is where the comparison table above comes in handy, as it enables you to quickly determine which trading tools are accessible on each platform and which brokers offer additional free services.

If you are new to trading and are just getting started as a CFD trader, it is critical that you do not become overwhelmed by the tools available; just because your trading platform has some good tools, does not mean you have to utilise them all at once. Utilize tools prudently and only when necessary; just because your charting software includes 50 indicators does not imply you must utilise them all on every transaction.

Orders

Every trader should employ orders, particularly stop loss orders, in order to limit losses. Before you begin trading, ensure that you have a firm grasp on how orders are placed to avoid confusion and frustration during a live trade. Different platforms handle orders differently; for example, some will want you to specify a price at which you wish to quit the trade, while others may require you to specify the number of “points” away from the current price. It is entirely up to you which orders to employ, if any; nonetheless, orders will save you time and help you maintain control of your emotions, as you will no longer have to sit in front of a screen monitoring every tick and panicking when a transaction goes bad.

Brazil’s Options for CFD Brokers

It’s an irrefutable fact that trading with a reputable and regulated CFD broker will significantly improve the enjoyment and profitability of your trading career. That is why it is critical for traders to compare and research CFD trading platforms and providers to ensure they are getting the best deal possible; this may sound hard and time-consuming, but it will undoubtedly pay off in the long term.

The best CFD brokers offer a secure trading environment, robust trading platforms, superior customer support, and affordable pricing. Don’t take a chance with your broker selection; trade with trustworthy CFD brokers you can trust and rely on.

Which CFD Broker in Brazil Is the Best?

It truly relies on your trading requirements, expertise, and preferences, and only you, as a trader, can determine the best CFD broker for you. However, your broker should be trustworthy and licenced.

Is it beneficial to have a greater number of CFD markets?

Not always; it actually depends on the markets in which you wish to trade. Because the majority of traders deal in widely traded markets, they have no reason to have hundreds of companies listed on their trading platform.

How do I choose a CFD trading platform?

The finest CFD platform is one that gives you with all the essential features and tools to execute your trading strategies and achieve your trading objectives; trade on a platform with which you are familiar. From the comparison table above, one can clearly see what platforms and resources are offered by each broker so it’s easy for CFD traders to make informed decisions on the spot.

Is it necessary for me to trade through a licensed broker?

While you are free to trade with whatever CFD broker you like, the restrictions exist to safeguard you from unethical and dishonest providers. Regulated brokers provide you with additional peace of mind because they are required to adhere to severe regulations and rules.

What about the fees of CFD trading?

Because the CFD market is saturated, spreads are extremely thin across the board. The above-mentioned CFD brokers offer some of the most competitive spreads and swap rates available in Brazil.