We have thoroughly researched and tested various brokers to find the best MetaTrader 4 (MT4) platforms for traders in Brazil. We conducted a thorough analysis that considered important factors, including trading conditions, regulatory compliance, customer support, and the overall user experience.
In this guide, you will learn the following:
- What is an MT4 Broker in Brazil?
- The 5 best MetaTrader 4 (MT4) brokers in Brazil
- Our Final Thoughts on The 5 Best MetaTrader 4 (MT4) Brokers in Brazil
- The most frequently asked questions about The Best MetaTrader (MT4) Brokers in Brazil.
And lots more…
So, if you’re ready to go “all in” with the 5 best Forex trading platforms in Brazil…
Let’s dive right in…
10 Best Forex Brokers in Brazil
Rank
Broker
Review
Regulators
Min Deposit
Official Site
What is an MT4 Broker in Brazil?
MT4 brokers play an important role in the Forex trading scene in Brazil, offering traders access to a highly respected and flexible trading platform.
These brokers provide the MT4 platform, which is highly regarded for its easy-to-use interface, powerful charting tools, and wide selection of technical indicators. It is a popular choice for traders in Brazil of all levels of experience.
When using MetaTrader 4 in Brazil, one of the notable features is the option to use automated trading strategies with Expert Advisors (EAs).
This feature enables traders to execute trades based on pre-determined criteria without constant monitoring, which is especially advantageous in Brazil’s ever-changing economic landscape.
Traders can also analyze their strategies using historical data to fine-tune their trading plans, increasing their likelihood of success.
In addition to its support for multiple order types, such as market orders, pending orders, stop orders, and trailing stops, using MT4 with brokers in Brazil offers another advantage.
Traders have the flexibility to execute a wide range of trading strategies, catering to the ever-changing Brazilian markets.
In addition, the powerful security protocols of MetaTrader 4 guarantee the protection of traders’ data and funds, which is of utmost importance in light of the growing cybersecurity concerns. Traders in Brazil can have complete confidence in the security and encryption of their trades.
MT4 brokers provide localized assistance and educational materials to assist Brazilian traders in effectively navigating the Forex market.
Several brokers offer support in Portuguese and provide market analysis designed for specific regions. This is essential for making well-informed trading decisions in Brazil’s distinctive economic landscape.
In Brazil, trading with MetaTrader 4 brokers provides a comprehensive trading experience customized to meet the needs of Brazilian traders. The platform’s powerful features, localized support, and security provide a secure and efficient trading experience.
The 5 Best MetaTrader 4 Brokers in Brazil
Read on to discover our definitive list of the 5 best MT4 brokers that accept traders from Brazil and provide excellent trading conditions.
| 💸No-Deposit Broker | 💰Minimum Deposit | 👉Open Account | 🏛️Regulation | 💻 MT4 |
| Exness | $10 USD | Open Account | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA | ✅ |
| HFM | No minimum deposit | Open Account | FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA | ✅ |
| AvaTrade | $100 USD | Open Account | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC | ✅ |
| XM | $5 | Open Account | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | ✅ |
| FXTM | $200 USD | Open Account | CySEC, FSCA, FCA, CMA, FSC Mauritius | ✅ |
Top 5 MetaTrader 4 Brokers in Brazil
- ☑️ Exness – Overall, highly regarded for its dependability.
- ☑️ HFM – Highly sophisticated and advanced tool.
- ☑️ AvaTrade – Known for its cutting-edge trading capabilities.
- ☑️ XM – Designed for experienced traders.
- ☑️ FXTM – Advanced charting and analytical tools.
Exness
Exness is a leading Forex broker that accepts traders from Brazil. Exness is widely popular for its low spreads and favorable trading environment that supports a wide range of trading features.
Trading with Exness on the MetaTrader 4 platform provides traders in Brazil with a smooth and reliable experience supported by a strong infrastructure.
Overall Rating
- 4.9/5
Min Deposit
USD 10
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Platform
MT4, MT5, WebTerminal, Exness Terminal
Crypto
Yes
Total Pairs
97
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Exness is renowned for its incredibly competitive spreads and generous leverage options, allowing traders to capitalize on their trading potential fully.
We found that the MT4 platform at Exness offers support for a wide range of trading strategies, including scalping and automated trading with Expert Advisors (EAs). The execution speeds were impressive, ensuring minimal slippage and accurate execution of trades at desired prices.
In addition, Exness provides a wide range of educational resources, which can greatly benefit Brazilian traders seeking to improve their trading knowledge and skills.
Unique Features
| Features | Description |
| 📊Spread Size | From 0.0 pips EUR |
| 📊Leverage Options | Unlimited |
| ✅Execution speed | Milliseconds |
| 📈Trading Instruments Availability | Forex, Commodities, Stocks, Indices, Cryptocurrencies |
| 💻Account types | Standard, Standard Cent, Raw Spread, Zero, Pro, Social Standard, Social Pro, Demo, Islamic |
| 📞Customer Support | 24/7 multilingual support, including Portuguese |
| Availability of automated trading | Yes |
| 🪪Regulatory Status | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA |
| 💰Deposit and Withdrawal Methods | Bank Cards Skrill Neteller Perfect Money SticPay Cryptocurrency BinancePay |
| 🔎Educational Resources | Extensive, including webinars and tutorials |
| 📅Market analysis and research tools | Yes, integrated |
| 💻Trading Platform Stability | High |
| 📱Mobile trading capabilities | Yes, available on iOS and Android |
| 🌎Localized services | Yes |
| ⚖️Order Types Supported | Market, Limit, Stop, Trailing Stop |
| Commission Fees | Varies by account type, with Zero commission on some accounts |
| 📅Trading Central integration | Yes |
| Negative balance protection | Yes |
| One-click trading functionality | Yes |
| Back-testing capabilities | Yes |
| Charting tools and indicators | Advanced with multiple indicators |
| 💸Minimum deposit Requirement | BRL54.54 or USD10 |
| 🪙Promotions and Bonuses offerings | None |
| 📜Customer Reviews and reputation | Generally positive |
| 🛡️Security Measures and Data protection | Advanced encryption and segregated accounts |
| ➡️Demo account availability | Yes |
| ✅Compatibility with third-party tools | Yes |
| ⏲️Trading hours and market access | 24/5, Forex market hours |
Pros Cons
| ✅Pros | ❌Cons |
| Extremely competitive spreads starting from 0.1 pips | Limited promotional offerings |
| High leverage options up to 1:2000 | Some withdrawal methods may have fees |
| Fast execution speeds with minimal slippage | High leverage can be risky for inexperienced traders |
| Extensive range of trading instruments including Forex, Commodities, Cryptocurrencies, Indices, and Stocks | Occasional technical issues with the trading platform |
| 24/7 multilingual customer support, including Portuguese | Limited local deposit options for some regions |
HFM
HFM has been operating as a leading Forex broker for many years and is known for offering a user-friendly trading environment that supports beginner traders in Brazil, while their advanced features are a good fit for experienced traders as well.
HFM offers a flexible trading environment on the MetaTrader 4 platform, which we found extremely advantageous for Brazilian traders.
Overall Rating
- 4.9/5
Min Deposit
USD 0
Regulators
FSCA, DFSA, FSC, CMA. FCA
Trading Platform
MT4, MT5, HFM Platform
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
The broker provides a range of account options that accommodate various trading styles, meeting the needs of novice traders with micro accounts and experienced traders with zero-spread accounts.
The MT4 platform at HFM offers one-click trading, perfect for swift execution in the dynamic Forex market. We were impressed by the wide array of analytical tools and technical indicators offered on MT4, which greatly assist traders in making well-informed decisions.
Additionally, HFM’s customer support is readily available, providing traders in Brazil with personalized assistance and guidance.
Unique Features
| Features | Description |
| 📊Spread Size | From 0.0 pips EUR/USD (Zero Account) |
| 📊Leverage Options | 1:2000 |
| ✅Execution speed | Milliseconds |
| 📈Trading Instruments Availability | Forex, Precious Metals, Energies, Indices, Shares, Commodities, Crypto CFDs, Bonds, ETFs |
| 💻Account types | Cent, Zero, Pro, Pro Plus, Premium, HFCopy |
| 📞Customer Support | 24/5 multilingual support, including Portuguese |
| Availability of automated trading | Yes |
| 🪪Regulatory Status | FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA |
| 💰Deposit and Withdrawal Methods | Payment Method Bank Wire Transfer Electronic Transfer Credit Card Debit Card Skrill Crypto |
| 🔎Educational Resources | Extensive, including webinars and tutorials |
| 📅Market analysis and research tools | Yes, integrated |
| 💻Trading Platform Stability | High |
| 📱Mobile trading capabilities | Yes, available on iOS and Android |
| 🌎Localized services | Yes |
| ⚖️Order Types Supported | Market, Limit, Stop, Trailing Stop |
| Commission Fees | Varies by account type, with Zero commission on some accounts |
| 📅Trading Central integration | Yes |
| Negative balance protection | Yes |
| One-click trading functionality | Yes |
| Back-testing capabilities | Yes |
| Charting tools and indicators | Advanced with multiple indicators |
| 💸Minimum deposit Requirement | From 0 USD for the Cent, Zero, and Premium accounts, 399,000 COP ($100) on the Pro account, and 998,000 COP ($250) on the Pro Plus account |
| 🪙Promotions and Bonuses offerings | Varies, includes occasional bonuses |
| 📜Customer Reviews and reputation | Generally positive |
| 🛡️Security Measures and Data protection | Advanced encryption and segregated accounts |
| ➡️Demo account availability | Yes |
| ✅Compatibility with third-party tools | Yes |
| ⏲️Trading hours and market access | 24/5, Forex market hours |
Pros Cons
| ✅Pros | ❌Cons |
| Multiple account types to suit different trading styles | Limited promotional offerings |
| Tight spreads | Some withdrawal methods may have fees |
| High leverage options up to 1:2000 | High leverage can be risky for inexperienced traders |
| Comprehensive educational materials and market analysis tools | Occasional technical issues with the trading platform |
| 24/5 multilingual customer support, including Portuguese | Limited local deposit options for some regions |
AvaTrade
AvaTrade’s MetaTrader 4 platform is well-suited to meet the varied requirements of traders in Brazil. The platform’s stability and the wide range of trading instruments, such as Forex, commodities, and indices, left a strong impression on us.
Overall Rating
- 4.8/5
Min Deposit
USD 100
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, ISA
Trading Platform
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
AvaTrade offers automated trading through Expert Advisors (EAs), allowing traders to execute advanced trading strategies.
The MT4 platform has advanced tools such as Trading Central, which offers valuable market insights and analysis. AvaTrade also provides specialized assistance and educational materials so that traders in Brazil can make the most of the platform’s features and improve their trading skills.
Unique Features
| Features | Description |
| 📊Spread Size | From 0.6 pips (Pro), 0.9 pips (Retail) on EUR/USD |
| 📊Leverage Options | 1:30 (Retail), 1:400 (Pro) |
| ✅Execution speed | Milliseconds |
| 📈Trading Instruments Availability | Forex, Stocks, Commodities, Crypto CFDs, Treasuries, Bonds, Indices, Exchange-Traded Funds (ETFs), Options, Precious Metals, CFDs |
| 💻Account types | Standard, VIP, Islamic |
| 📞Customer Support | 24/5 multilingual support |
| Availability of automated trading | Yes |
| 🪪Regulatory Status | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC |
| 💰Deposit and Withdrawal Methods | Bank Wire Transfer Credit/Debit Card PayPal WebMoney Neteller Skrill |
| 🔎Educational Resources | Extensive, including webinars and tutorials |
| 📅Market analysis and research tools | Yes, integrated |
| 💻Trading Platform Stability | High |
| 📱Mobile trading capabilities | Yes, available on iOS and Android |
| 🌎Localized services | No |
| ⚖️Order Types Supported | Market, Limit, Stop, Trailing Stop |
| Commission Fees | No commission on standard accounts |
| 📅Trading Central integration | Yes |
| Negative balance protection | Yes |
| One-click trading functionality | Yes |
| Back-testing capabilities | Yes |
| Charting tools and indicators | Advanced with multiple indicators |
| 💸Minimum deposit Requirement | BRL535.39 or USD100 |
| 🪙Promotions and Bonuses offerings | No bonuses |
| 📜Customer Reviews and reputation | Generally positive |
| 🛡️Security Measures and Data protection | Advanced encryption and segregated accounts |
| ➡️Demo account availability | Yes |
| ✅Compatibility with third-party tools | Yes |
| ⏲️Trading hours and market access | 24/5, Forex market hours |
Pros Cons
| ✅Pros | ❌Cons |
| User-friendly MetaTrader 4 platform with advanced features | Customer support is not available 24/7 |
| Competitive spreads | Minimum deposit requirements for some account types |
| Supports automated trading with Expert Advisors | Limited range of promotions and bonuses |
| Comprehensive educational resources, including webinars and tutorials | Inactivity fees may apply |
| 24/5 multilingual customer support, | Occasional delays in order execution during high volatility |
XM
XM’s MetaTrader 4 platform provides traders in Brazil with a feature-rich trading experience, featuring tight spreads starting from 0.6 pips and no requotes.
We found that the execution policy at XM is highly attractive, guaranteeing trades are executed at the best available prices without any rejections.
Overall Rating
- 4.8/5
Min Deposit
USD 5
Regulators
IFSC, FCA, CySEC, ASIC, CMA
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
The XM MT4 platform supports various trading styles, such as hedging, scalping, and automated trading with Expert Advisors.
In addition, XM offers a wide range of educational resources, webinars, and market analysis. The broker’s customer support is also available in Portuguese, allowing local traders to receive the necessary assistance.
Unique Features
| Features | Description |
| 📊Spread Size | From 0.6 pips |
| 📊Leverage Options | Up to 1:1000 |
| ✅Execution speed | Milliseconds |
| 📈Trading Instruments Availability | Forex, cryptocurrencies, stock CFDs, commodities, equity indices, precious metals, energies, individual shares, Turbo Stocks |
| 💻Account types | Micro, Standard, XM Ultra Low, Shares |
| 📞Customer Support | 24/7 multilingual support, including Portuguese |
| Availability of automated trading | Yes |
| 🪪Regulatory Status | FSCA, IFSC, ASIC, CySEC, DFSA, FCA |
| 💰Deposit and Withdrawal Methods | Credit Card Debit Card Bank Wire Transfer Local Bank Transfer Skrill Neteller WebMoney |
| 🔎Educational Resources | Extensive, including webinars and tutorials |
| 📅Market analysis and research tools | Yes, integrated |
| 💻Trading Platform Stability | High |
| 📱Mobile trading capabilities | Yes, available on iOS and Android |
| 🌎Localized services | Yes |
| ⚖️Order Types Supported | Market, Limit, Stop, Trailing Stop |
| Commission Fees | No commission on Micro and Standard accounts |
| 📅Trading Central integration | Yes |
| Negative balance protection | Yes |
| One-click trading functionality | Yes |
| Back-testing capabilities | Yes |
| Charting tools and indicators | Advanced with multiple indicators |
| 💸Minimum deposit Requirement | BRL26.77 or USD5 |
| 🪙Promotions and Bonuses offerings | Varies, includes occasional bonuses |
| 📜Customer Reviews and reputation | Generally positive |
| 🛡️Security Measures and Data protection | Advanced encryption and segregated accounts |
| ➡️Demo account availability | Yes |
| ✅Compatibility with third-party tools | Yes |
| ⏲️Trading hours and market access | 24/7 |
Pros Cons
| ✅Pros | ❌Cons |
| Tight spreads starting from 0.6 pips | Limited promotional offerings |
| High leverage options up to 1:1000 | High leverage can be risky for inexperienced traders |
| No commission on Micro and Standard accounts | Minimum deposit required for some account types |
| Comprehensive educational resources and market analysis tools | Inactivity fees may apply |
| 24/5 multilingual customer support | Limited promotional offerings |
FXTM
The MetaTrader 4 platform provided by FXTM is designed to meet Brazil’s traders’ requirements. It offers competitive spreads, high-leverage options, and a user-friendly interface.
We were impressed by the platform’s seamless support for automated trading through Expert Advisors, enabling traders to implement intricate strategies effortlessly.
FXTM also provides a wide range of educational resources and regular market analysis so that Brazilian traders can access valuable information to improve their trading abilities.
The MT4 platform at FXTM is renowned for its dependable performance and swift execution speeds so that you can seize lucrative market opportunities.
Additionally, FXTM’s customer support is fast and reliable and meets the needs of Brazilian traders, providing them with personalized assistance and guidance.
Unique Features
| Features | Description |
| 📊Spread Size | From 0.0 pips |
| 📊Leverage Options | Up to 1:2000 |
| ✅Execution speed | Milliseconds |
| 📈Trading Instruments Availability | Forex, Forex Indices, Spot Metals, CFD Kenya Stocks, Kenya Stocks, CFD US Stocks, US Stocks, Hong Kong Stocks, CFD EU Stocks, Spot Commodities, Spot Indices, Stock Baskets, Crypto CFDs |
| 💻Account types | Micro, Advantage, Advantage Plus |
| 📞Customer Support | 24/5 multilingual support |
| Availability of automated trading | Yes |
| 🪪Regulatory Status | CySEC, FSCA, FCA, CMA, FSC Mauritius |
| 💰Deposit and Withdrawal Methods | Bank Wire Transfer GlobePay Skrill PayRedeem Perfect Money Neteller Visa MasterCard Maestro Google Pay TC Pay |
| 🔎Educational Resources | Extensive, including webinars and tutorials |
| 📅Market analysis and research tools | Yes, integrated |
| 💻Trading Platform Stability | High |
| 📱Mobile trading capabilities | Yes, available on iOS and Android |
| 🌎Localized services | Yes |
| ⚖️Order Types Supported | Market, Limit, Stop, Trailing Stop |
| Commission Fees | Varies by account type, with Zero commission on some accounts |
| 📅Trading Central integration | Yes |
| Negative balance protection | Yes |
| One-click trading functionality | Yes |
| Back-testing capabilities | Yes |
| Charting tools and indicators | Advanced with multiple indicators |
| 💸Minimum deposit Requirement | BRL1,090.84 or USD200 |
| 🪙Promotions and Bonuses offerings | Referral bonus |
| 📜Customer Reviews and reputation | Generally positive |
| 🛡️Security Measures and Data protection | Advanced encryption and segregated accounts |
| ➡️Demo account availability | Yes |
| ✅Compatibility with third-party tools | Yes |
| ⏲️Trading hours and market access | 24/5, Forex market hours |
Pros Cons
| ✅Pros | ❌Cons |
| Tight spreads starting from 0.0 pips | Limited range of promotions and bonuses |
| High leverage options up to 1:2000 | Customer support is not available 24/7 |
| Supports automated trading with Expert Advisors | Inactivity fees may apply |
| Comprehensive educational resources and market analysis tools | High leverage can be risky for inexperienced traders |
| 24/5 multilingual customer support, | Occasional technical issues with the trading platform |
Conclusion
We found that trading with brokers such as Exness, HFM, AvaTrade, XM, and FXTM offers a strong combination of competitive spreads, high-leverage options, and user-friendly interfaces. Every broker has their strengths to support different trading styles and preferences.
For example, Exness and FXTM are known for their low minimum deposits and extensive leverage, while AvaTrade and XM provide excellent educational resources and market analysis tools. HFM offers a wide range of account types, catering to traders of all levels.
Trading with these MT4 brokers in Brazil provides access to advanced charting tools, automated trading capabilities, and reliable customer support. The localized services improve the trading experience, making it accessible and efficient for traders in Brazil.
We believe choosing the appropriate broker relies on personal requirements and trading strategies. However, these brokers offer a strong basis for success in Forex trading.
Frequently Asked Questions
Can I trade on MT4 using my mobile device?
Yes, MT4 is available on iOS and Android devices, allowing you to trade on the go with full access to all trading features and tools.
What leverage options are available with MT4 brokers?
Leverage options can vary significantly, ranging from 1:30 to 1:500 or higher, depending on the broker and regulatory restrictions. High leverage can amplify both profits and losses.
How do I start trading with an MT4 broker?
To start trading, you must open an account with a broker, complete the verification process, fund your account, and download the MT4 platform. You can then start trading by placing orders on the platform.
Are demo accounts available with MT4 brokers?
Yes, most MT4 brokers offer demo accounts that allow you to practice trading with virtual funds, helping you to familiarize yourself with the platform and test strategies without risking real money.
What kind of customer support can I expect from MT4 brokers?
MT4 brokers typically offer 24/5 customer support through various channels, including live chat, email, and phone. Many also provide support in Portuguese for Brazilian traders.
