Best Brokers With BRL Accounts 2025
Dig into our top brokers offering BRL accounts, based on thorough testing, designed to reduce conversion fees and optimize the trading experience for traders in Brazil.
Brokers With:
Brazilian Real (BRL)
Showing top 3 of 3 matching brokers.
-
1Established in 2008, Exness is a respected broker known for offering over 40 account currencies, a wide choice of CFD instruments, and an intuitive web platform with features like currency converters and trading calculators.
-
2Founded in 2019, Quotex is a binary broker providing over 400 assets like forex, stocks, indices, commodities, and cryptocurrencies. The platform focuses on user-friendly features, offering short-term contracts from 5 seconds to 4 hours, with payouts up to 95%.
-
3Established in 2019 in Johannesburg, South Africa, Moneta Markets provides over 1000 instruments for immediate trading. Traders can select between STP and ECN accounts. The straightforward registration process has gained 70,000 registered traders.
Compare Brokers
| Broker |  |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 |
✓ | $10 | 0.01 Lots | 1:Unlimited | ✓ | CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC | CFDs, Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, DKK, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
 |
✓ | $10 | $1 | ✗ | ✗ | ✗ | Binary Options on Stocks, Indices, Forex, Commodities, Cryptos | Web Platform | USD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH | ✗ | ✗ | ✗ | |
 |
✓ | $50 | 0.01 Lots | 1:1000 | ✓ | ASIC, FSCA, FSA | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Crypto | AppTrader, ProTrader, MT4, MT5, TradingCentral | USD, EUR, GBP, CAD, NZD, JPY, HKD, SGD, BRL | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
| Broker | |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best Brokers With BRL Accounts 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
|
✗ | ✓ | ✓ | |
|
✗ | ✗ | ✓ | |
|
✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Brokers With BRL Accounts 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
|
iOS & Android | ✗ | ||
|
iOS & Android | ✗ | ||
|
iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Brokers With BRL Accounts 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
|
✓ | $10 | 0.01 Lots | ✗ | ✗ | ||
|
✓ | $10 | $1 | ✗ | ✗ | ||
|
✓ | $50 | 0.01 Lots | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Brokers With BRL Accounts 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
|
Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✓ | 1:Unlimited | ✓ | ✗ |
|
✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
|
Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:1000 | ✓ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Brokers With BRL Accounts 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
|
✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ |
|
✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
|
✓ | ✗ | ✓ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Brokers With BRL Accounts 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
|---|---|---|---|---|---|---|---|---|---|
|
|||||||||
|
|||||||||
|
|||||||||
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Brokers With BRL Accounts 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
|
✗ | $0 | 0.5 (Apple Inc.) | 0.0 | Floating | |
|
✗ | $0 | ✗ | N/A | N/A | |
|
✗ | $0 | 0.3 | 0.26 | 230.81 (Bitcoin) | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Brokers With BRL Accounts 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Exness |
|
| Moneta Markets |
|
Why Trade With Exness?
Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Pros
- Fast and reliable 24/7 multilingual customer support through phone, email, and live chat, validated by practical tests.
- Exness Terminal provides an easy experience for beginners with interactive charts, and creating watchlists is simple.
- Wide variety of account types for all experience levels, including Cent, Pro, and the new Raw Spread, ideal for traders.
Cons
- Besides a mediocre blog, educational resources are lacking, especially compared to category leaders like IG, which offer a more comprehensive trading journey for new traders.
- Exness has increased its variety of CFDs and introduced a copy trading feature, but it still lacks real assets like ETFs, cryptocurrencies, or bonds.
- Retail trading services are not available in some areas, such as the US and UK, which limits access compared to leading brokers like Interactive Brokers.
Why Trade With Quotex?
Quotex is perfect for binary traders seeking short-term trades on global markets, offering payouts up to 95%. The platform is frequently updated, offers daily trading signals, and is intuitive for new users.
Pros
- Quotex allows trading with a minimum of $10, suitable for beginners and testing the platform with low risk. Withdrawals also start at $10, providing easy fund access.
- The web platform and app are user-friendly, featuring a clean design and easy order execution based on our tests. They offer multiple indicators and built-in trading signals, suitable for both beginners and experienced traders.
- A free demo account with $10,000 in virtual funds allows new traders to practice strategies and test the platform without risking real money. It's a great tool for beginners to gain experience.
Cons
- Customer service is available only through email and social media, which may result in slow response times. Competitors like Videforex offer 24/7 live chat and phone support, allowing for quicker assistance with technical or withdrawal issues.
- Quotex has limited market analysis tools and does not provide real-time financial news, economic calendars, or detailed research reports. It also lacks educational resources like courses, webinars, and expert insights, making it less suitable for beginners.
- Quotex is an offshore broker in a jurisdiction with loose regulations. It lacks the investor protection, dispute resolution, and fund security offered by regulated brokers, making it riskier.
Why Trade With Moneta Markets?
Moneta Markets offers excellent trading services. It provides commission charges from $1, variable spreads starting from 0, and high leverage of up to 1:1000. Also, it uses the superior ProTrader charting platform. It is a good choice for seasoned traders.
Pros
- The ProTrader web platform, powered by TradingView, performed well in tests. It allows trading straight from charts and simple order modification with drag-and-drop features.
- Moneta Markets offers over 1000 tradable assets which include a substantial array of commodities and newly introduced index CFDs.
- The broker provides advantageous leverage rates up to 1:1000. This allows seasoned traders to enhance their positions and possibly boost their earnings.
Cons
- The TradingView-supported ProTrader is user-friendly but has some restrictions compared to the complete TradingView platform. Specifically, it does not include seconds or ranges in time frames, and traders cannot add community scripts.
- Trading costs are usually reasonable, but index CFDs on US products such as the S&P 500 have higher spreads. IC Markets performed better in tests.
- The ECN Ultra account, which offers the most favorable prices, requires a $20,000 deposit. This makes it inaccessible for most regular traders.
LOADING...
Close
Filters
Loading...
Understanding BRL Trading Accounts
A BRL trading account lets you manage your trades using Brazilian real, the currency of Brazil. This is particularly useful for Brazilians, as it avoids money conversion fees and speeds up transactions via local methods like Boleto.
Explore the top brokers with BRL accounts, carefully selected by our team of experts.
How We Selected The Best Brokers
To find the top brokers offering BRL accounts, we:
- Reviewed our list of brokers and trading platforms
- Identified those that allow accounts in Brazilian real
- Ranked them based on over 100 criteria and our expert opinions
What Is a BRL Account?
A BRL account lets you keep your trading balance and transactions, including funds you deposit and withdraw, in Brazilian real. For Brazilian traders, this simplifies viewing account details, such as profits and losses, in a familiar currency. The financial products you trade will also be in BRL.
For example, I registered for a BRL account with Moneta Markets.
Should You Consider a BRL Trading Account?
A BRL account could be right for you if:
- You live in Brazil and are paid in BRL, making it cheaper to keep an account in the same currency.
- You trade in local markets like South American stocks or unique currency pairs involving BRL, such as USD/BRL.
- You’re an international trader aiming to broaden your investments by trading in an emerging market that relies on agriculture, mining, and manufacturing.
How to Check If a Broker Offers BRL Accounts
Follow these 3 steps to confirm if a broker supports BRL accounts:
- Visit the broker’s account details page to see which base currencies are accepted.
- Ensure that ‘BRL’ is listed as a supported base currency for Brazil.
- Sign up for a live or demo account, choosing ‘BRL’ as your base currency.
Pros & Cons of BRL Trading Accounts
Pros
- BRL accounts generally cut down or remove currency conversion fees when depositing money, a major advantage for traders making frequent trades in BRL. For example, with IG, a 0.8% fee is charged if you deposit BRL into a USD-based account, but this fee is avoided with a BRL account.
- Brokers offering BRL accounts are more likely to cater to Brazilian traders with services like Portuguese-language support, as seen with Moneta Markets.
- For Brazilian traders, using a BRL account is more convenient for viewing profit and loss and making trades in a currency they know.
Cons
- Even though Brazil is the world’s 9th largest economy in 2023, it faces economic and political challenges, leading to fluctuations in BRL value and higher risks for holding your balance in BRL.
- BRL accounts are rare, accounting for less than 2% of the brokers we reviewed, so traders have limited choices when selecting a broker.
- Brazilian stocks and regional markets aren’t widely available from brokers, which can be a downside for Brazilian traders wishing to avoid fees when trading foreign currencies.
FAQ
Which Is the Best Broker for BRL Accounts?
We’ve extensively tested brokers with BRL accounts. Check our list to discover the best trading platform for you.
How Much Does It Cost to Open a Trading Account in Brazilian Reals?
Generally, it costs up to 250 USD (approximately 1,275 BRL) to open a trading account at most brokers. However, some brokers allow you to start with as little as 50 USD (about 255 BRL), such as Moneta Markets, which also offers excellent tools for both beginners and experienced investors.