Online Brokers & Trading Platforms in Brazil in 2022

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Online Brokers & Trading Platforms in Brazil in 2022

Best online brokers in Brazil

To help you to find the online brokers & trading platforms in Brazil in 2022, we went ahead and did the research for you. We collected all data you need to know about account opening, trading performance and fees of the best investment providers in Brazil. Our mission is to help people invest, hopefully this will save you a lot of time.

Top 5 Online Brokers & Trading Platforms in Brazil in 2022:

Interactive Brokers is the best online broker and trading platform in 2022. Low trading fees. Wide range of products. Many great research tools.
Saxo Bank takes second place. Great trading platform. Outstanding research. Broad product portfolio.
eToro rounds out the top three. Free stock and ETF trading. Seamless account opening. Social trading.
XTB is numero quattro. Low forex CFD fees, commission-free stocks/ETFs for some. Free and fast deposit and withdrawal. Easy and fast account opening.
TD Ameritrade just made it to the list at number five. Low trading fees (free stock and ETF trading). Superb desktop trading platform. Great customer support.

Brokers and trading accounts available in Brazil
	Saxo Bank	Fusion Markets	CMC Markets	Interactive Brokers	Capital.com
EURUSD spread	0.8	0.0	0.7	0.1	0.6
GBPUSD spread	1.3	0.2	0.9	0.3	1.3
AUDUSD spread	0.8	0.0	0.7	0.1	0.6
EURCHF spread	1.4	0.6	2.5	0.4	2.2
EURGBP spread	1.4	0.3	1.1	0.2	1.5

If you are still at the beginning of your journey you can learn about account opening in Brazil in our step by step guide and see what timeframes you can expect and which documents you will need in the second chapter.

In the third part of the article you can check the fees of the brokers in Brazil for our model stock transaction for different markets.

Ideally, after reading our research you should feel more secure about opening a trading account that fits you best. When selecting a broker remember to focus on the following aspects:

Account opening time
Account opening complexity (user-friendliness)
Whether hard copies of your documents are needed
Trading and non-trading fees
Selection of available products

For detailed information see the following chapters or scroll down:

Best international online brokers in Brazil

Best brokers for beginners in Brazil

Best forex brokers for beginners in Brazil

Best CFD brokers in Brazil

Trading account from Brazil
How to invest in stocks from Brazil

Online Brokers & Trading Platforms in Brazil in 2022

Trading account from Brazil

How to open a trading account from Brazil?

There are several factors to consider when opening a trading account, including the user-friendliness of the platform or the minimum deposit amount. Let’s deep dive into these.

The time it takes to open an account typically ranges from a few minutes to a few weeks. The identity verification that marks the end of the process differs at various brokers. The account opening process is fully online in most cases, but there are brokers that require customers to mail a copy of their documents. The documents you usually have to upload and/or send (a copy) are of the following:

Proof of identity: national ID, passport, driving license, etc.
Proof of address: bank statements, utility bills, etc.

There are brokers that require a minimum deposit to authorize your trading account. The minimum deposit is usually $0 or a low amount, but some brokers demand a couple of thousands dollars/euros.

Account opening at brokers available from Brazil
	Saxo Bank	Fusion Markets	CMC Markets	Interactive Brokers	Capital.com
EURUSD spread	0.8	0.0	0.7	0.1	0.6
GBPUSD spread	1.3	0.2	0.9	0.3	1.3
AUDUSD spread	0.8	0.0	0.7	0.1	0.6
EURCHF spread	1.4	0.6	2.5	0.4	2.2
EURGBP spread	1.4	0.3	1.1	0.2	1.5

Broker fees in Brazil

Undoubtedly, fees are a crucial factor when selecting a broker. Below you can check the asset classes that individual brokers provide and whether their fees are classified as high, low, or average. This classification is based on how the fees compare to those charged by all the brokers reviewed by us.

Trading fee classification at brokers in Brazil
	Saxo Bank	Fusion Markets	CMC Markets	Interactive Brokers	Capital.com
EURUSD spread	0.8	0.0	0.7	0.1	0.6
GBPUSD spread	1.3	0.2	0.9	0.3	1.3
AUDUSD spread	0.8	0.0	0.7	0.1	0.6
EURCHF spread	1.4	0.6	2.5	0.4	2.2
EURGBP spread	1.4	0.3	1.1	0.2	1.5

Non-trading fees are just as important as trading fees. Non-trading fees include charges not directly related to trading, such as withdrawal or inactivity fees.

Non-trading fees at brokers in Brazil
	Saxo Bank	Fusion Markets	CMC Markets	Interactive Brokers	Capital.com
EURUSD spread	0.8	0.0	0.7	0.1	0.6
GBPUSD spread	1.3	0.2	0.9	0.3	1.3
AUDUSD spread	0.8	0.0	0.7	0.1	0.6
EURCHF spread	1.4	0.6	2.5	0.4	2.2
EURGBP spread	1.4	0.3	1.1	0.2	1.5

Online Brokers & Trading Platforms in Brazil in 2022

How to invest in stocks from Brazil

There are many safe and high-quality online brokers that offer their services for clients in Brazil. Among these, you can find providers that offer stocks from Brazil, but if you’re looking to invest in other global markets, your possibilities open up even more.

Top brokers for investing in stocks

We have compiled a list of safe brokers that are available in Brazil and are great for investing in stocks. We recommend that you pick one of the following brokers:

Interactive Brokers, International broker providing all asset classes
Saxo Bank, Danish investment bank
eToro, Global social trading broker
XTB, Global CFD broker
TD Ameritrade, US-based stockbroker

Are you ready to start?

Let us show you how to invest in stocks from Brazil in five simple steps:

Find an online broker
Open an account
Fund your account
Buy the stocks you need
Double-check transaction fees

1. Find an online broker

First, you need to make sure that the broker you’re looking at is available in Brazil. Some brokers are available in only one country or region (such as the US or the UK), but others are more global in their outreach, and allow clients from most countries in the world to open an account.

Would you like to speed up your search?

Our broker finder tool will help you narrow down your choices, showing only those brokers that are available in your country and are suitable for your investment goals and habits. And if you want a detailed, side-by-side comparison of these alternatives, check out our broker comparison table.

Top brokers for investing in stocks from Brazil

	Saxo Bank	Fusion Markets	CMC Markets	Interactive Brokers	Capital.com
EURUSD spread	0.8	0.0	0.7	0.1	0.6
GBPUSD spread	1.3	0.2	0.9	0.3	1.3
AUDUSD spread	0.8	0.0	0.7	0.1	0.6
EURCHF spread	1.4	0.6	2.5	0.4	2.2
EURGBP spread	1.4	0.3	1.1	0.2	1.5

How to Start Investing in Stocks: A Beginner-Friendly Guide

When selecting a broker, it’s important to choose one that is regulated by a trusted, top-tier financial authority. Many international brokers operate through multiple entities, meaning clients are supervised by regulators in their respective regions. Some regulators also provide investor protection schemes, which may offer compensation if a broker becomes insolvent.

2. Open Your Account

Opening an account with an online broker is typically quick, simple, and fully online. You’ll need to provide basic details such as your name, address, and contact information. In some cases, you may also be asked about your financial situation, investment experience, and trading knowledge.

To verify your account, you’ll usually need:

A valid photo ID
A recent bank statement
A utility bill confirming your address

After submitting your documents, the verification process usually takes 1–3 business days, though it may take longer with some brokers. Once approved, your account is ready for use.

3. Fund Your Account

With your account verified, the next step is to deposit funds so you can start investing. While some brokers require a minimum deposit, many allow you to begin with any amount.

Common funding methods include:

Bank transfer – widely used and often low-cost, but may take a few days
Credit/debit cards – typically processed instantly
E-wallets (e.g., PayPal, Skrill, Neteller, Apple Pay) – fast and convenient

Instant payment options let you begin trading immediately, while withdrawals—especially via bank transfer—may take a few days to process.

4. Find and Buy Stocks

If you already know which stocks you want to invest in, you can easily find them using your broker’s platform. If not, many brokers provide research tools, market insights, and analyst recommendations to help guide your decision-making. You can also conduct your own research by reviewing financial data and industry news.

To place a trade:

Search for the stock
Enter the number of shares
Click “Buy”

Most platforms offer various order types, including:

Market orders – executed immediately at the current price
Limit orders – executed only at your chosen price

Using the right order type allows you to better control your entry and manage risk effectively.

5. Understanding Fees (Brazil Example)

Before investing, it’s essential to understand the fee structure, which may include:

Trading fees (commissions or spreads when buying/selling)
Financing costs for holding positions
Non-trading fees, such as withdrawal or inactivity charges

Since fees vary between brokers, reviewing them carefully can help you minimize costs and make smarter investment decisions.

Stock trading and non-trading fees in Brazil
	Saxo Bank	Fusion Markets	CMC Markets	Interactive Brokers	Capital.com
EURUSD spread	0.8	0.0	0.7	0.1	0.6
GBPUSD spread	1.3	0.2	0.9	0.3	1.3
AUDUSD spread	0.8	0.0	0.7	0.1	0.6
EURCHF spread	1.4	0.6	2.5	0.4	2.2
EURGBP spread	1.4	0.3	1.1	0.2	1.5

Check out the investment landscape in other countries as well

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