We have identified the top MetaTrader 5 platforms for traders in Brazil. We aim to offer you a complete guide that showcases the leading MT5 brokers, considering various important factors.
In this guide, you will learn the following:
- What are MT5 brokers in Brazil?
- The 5 Best MT5 brokers for traders in Brazil
- Our Final Thoughts on the 5 Best MetaTrader 5 (MT5) Brokers in Brazil
- Frequently Asked Questions About the Best MT5 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 are MT5 brokers in Brazil?
MT5 brokers are known for providing a sophisticated class of Forex and CFD brokers who offer the advanced MetaTrader 5 trading platform.
In Brazil, traders in the financial industry have increasingly gravitated towards MT5 because of its advanced features that support traders of all levels of experience.
MT5 brokers offer access to a diverse platform beyond Forex, allowing traders to explore stocks, futures, and commodities for a wider range of trading possibilities.
MT5 offers exceptional charting tools and analytical capabilities that set it apart from the competition. The platform provides a wider range of 21 timeframes, significantly more than the 9 available in MetaTrader 4.
This allows users to conduct a more comprehensive market analysis. The platform also offers an economic calendar and a wide range of technical indicators to assist traders in making well-informed decisions using up-to-date data and market events.
This is especially advantageous for Brazilian traders who want to take advantage of both local and global market movements.
Trading with MT5 brokers gives you access to a wide range of advanced order management tools. The platform offers support for six different types of pending orders, which greatly improves the accuracy of trade execution.
Understanding how to manage risks and optimize trading strategies is essential, particularly in the unpredictable markets that Brazilian traders may face.
The hedging option provides the flexibility to manage trades and minimize potential losses by allowing the holding of multiple positions of the same instrument in opposite directions.
One major benefit for traders in Brazil is that MT5 is compatible with automated trading systems. The MQL5 development environment makes creating and utilizing Expert Advisors (EAs) and custom indicators easy.
Traders can now automate and test their strategies using historical data, guaranteeing their effectiveness before implementing them in live trading.
Overall, MetaTrader 5 brokers offer traders in Brazil a powerful and flexible trading platform that supports a diverse range of assets.
The platform also provides advanced analytical tools and the ability to automate trades, expanding the trading experience. These features work together to improve the trading experience and increase potential profitability in volatile financial markets.
The 5 Best MetaTrader 5 Brokers in Brazil
Read on to discover our definitive list of the 5 best MT5 brokers that accept traders from Brazil and provide excellent trading conditions.
| 💸No-Deposit Broker | 💰Minimum Deposit | 👉Open Account | 🏛️Regulation | 💻 MT5 |
| Exness | $10 USD | Open Account | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA | ✅ |
| AvaTrade | $100 USD | Open Account | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC | ✅ |
| HFM | No minimum deposit | Open Account | FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA | ✅ |
| XM | $5 | Open Account | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | ✅ |
| Pepperstone | $200 AUD | Open Account | ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB | ✅ |
Top 5 MetaTrader 4 Brokers in Brazil
- ☑️ Exness – Overall, highly regarded for its dependability.
- ☑️ AvaTrade – Known for its cutting-edge trading capabilities.
- ☑️ HFM – Highly sophisticated and advanced tool.
- ☑️ XM – Designed for experienced traders.
- ☑️ Pepperstone – a complete and sophisticated trading environment.
Exness
Exness offers a powerful and versatile platform for traders in Brazil to navigate the financial markets. MT5 at Exness offers a comprehensive selection of trading instruments, such as Forex, metals, cryptocurrencies, energies, indices, and stocks, to accommodate various trading strategies.
One impressive aspect is the ultra-low latency execution, which guarantees swift trade execution, a vital factor for traders aiming to take advantage of rapid market movements.
With a wide range of analytical tools, including multiple timeframes and various technical indicators, traders in Brazil can conduct thorough market analysis.
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
We found that Exness also provides traders with an integrated economic calendar on the MT5 platform, informing them about important economic events. The smooth account synchronization between MT4 and MT5 improves convenience, allowing traders to switch platforms effortlessly.
Exness offers traders in Brazil competitive spreads and flexible leverage options, which can help them maximize their potential for profitable trades while effectively managing risk.
The broker’s dedication to being open and trustworthy and its advanced MT5 features make it an appealing option for traders in Brazil.
Unique Features
| Features | Description |
| 🪪Regulatory Status | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA |
| 📈Trading Instruments Availability | Forex, Commodities, Stocks, Indices, Cryptocurrencies |
| 📊Spread and Commissions | Low spreads, no commission on Standard accounts |
| 📊Leverage Options | Unlimited |
| ✅Execution speed | Ultra-low latency execution |
| ⚖️Order Types Supported | Market orders, limit orders, stop orders, trailing stop |
| Charting tools and indicators | 21 timeframes, 38 technical indicators |
| 💻Account types | Standard, Standard Cent, Raw Spread, Zero, Pro, Social Standard, Social Pro, Demo, Islamic |
| 💰Deposit and Withdrawal Methods | Bank Cards Skrill Neteller Perfect Money SticPay Cryptocurrency BinancePay |
| 📞Customer Support | 24/7 multilingual support, including Portuguese |
| 🔎Educational Resources | Webinars, articles, video tutorials |
| ➡️Automated trading capabilities | Supports Expert Advisors (EAs) |
| 📱Mobile trading capabilities | A fully functional mobile app available |
| 💻Trading Platform Stability and Uptime | High platform stability and uptime |
| 🌎Local Support and Language Options | Portuguese language support |
| 🪙Promotions and Bonuses offerings | None |
| 📅Market analysis and research tools | Integrated market analysis tools |
| 🛡️Security Measures | SSL encryption, segregated client funds |
| 📜Customer Reviews and reputation | Generally positive user reviews and ratings |
| 💰Trading Costs | Competitive overnight fees, transparent swap rates |
| ➡️Demo account availability | Available |
| 📅Integration with Third Party Tools | Compatible with a range of third-party tools |
| Customizability of the platform | Highly customizable |
| 📅Economic Calendar Integration | Integrated economic calendar |
| 🖺News Feed Integration | Integrated news feed |
| ✅Hedging and Netting Options | Supports both hedging and netting |
| 💸Stop-Loss and Take-Profit Orders | Available |
| ⏲️Scalping and Hedging Policies | Permitted, policies in place |
Pros Cons
| ✅Pros | ❌Cons |
| Ultra-low latency execution ensures fast trade execution | Occasional high spreads during volatile market conditions |
| Wide range of trading instruments, including Forex, metals, and cryptocurrencies | Limited promotional offers compared to other brokers |
| Comprehensive analytical tools with 21 timeframes and 38 technical indicators | High leverage can increase risk for inexperienced traders |
| Flexible leverage options that are unlimited | Not all educational resources are available in Portuguese |
AvaTrade
AvaTrade’s MT5 platform is designed to meet the requirements of traders in Brazil, providing a smooth trading experience with a diverse range of assets such as Forex, commodities, indices, stocks, and cryptocurrencies.
The MT5 platform at AvaTrade is well-known for its easy-to-use interface and advanced trading tools. We found that traders can access various advanced charting capabilities, including 21 timeframes and 38 technical indicators. These tools are needed for conducting comprehensive technical analysis.
The platform’s support for various order types, such as pending and market orders, provides traders greater flexibility in executing their trades.
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 also offers the convenience of automated trading through Expert Advisors (EAs), allowing traders in Brazil to implement and test their strategies efficiently.
The broker’s dedication to education is clear through its wide range of resources available directly on the MT5 platform, which assists traders in Brazil in staying informed and making more informed trading decisions.
We found that AvaTrade’s customer support is readily available and responsive, greatly benefiting local traders. AvaTrade’s MT5 offering is highly appealing due to its competitive spreads and the added security of trading with a well-regulated broker.
Unique Features
| Features | Description |
| 🪪Regulatory Status | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC |
| 📈Trading Instruments Availability | Forex, Stocks, Commodities, Crypto CFDs, Treasuries, Bonds, Indices, Exchange-Traded Funds (ETFs), Options, Precious Metals, CFDs |
| 📊Spread and Commissions | Competitive spreads, zero commission on most accounts |
| 📊Leverage Options | Up to 1:400 |
| ✅Execution speed | Fast execution speeds |
| ⚖️Order Types Supported | Market orders, limit orders, stop orders, trailing stop |
| Charting tools and indicators | 21 timeframes, 38 technical indicators |
| 💻Account types | Standard, Pro, Islamic |
| 💰Deposit and Withdrawal Methods | Bank Wire Transfer Credit/Debit Card PayPal WebMoney Neteller Skrill |
| 📞Customer Support | 24/5 multilingual support |
| 🔎Educational Resources | Webinars, eBooks, video tutorials |
| ➡️Automated trading capabilities | Supports Expert Advisors (EAs) |
| 📱Mobile trading capabilities | A fully functional mobile app available |
| 💻Trading Platform Stability and Uptime | High platform stability and uptime |
| 🌎Local Support and Language Options | No Portuguese language support |
| 🪙Promotions and Bonuses offerings | No bonuses |
| 📅Market analysis and research tools | Integrated market analysis tools |
| 🛡️Security Measures | SSL encryption, segregated client funds |
| 📜Customer Reviews and reputation | Generally positive user reviews and ratings |
| 💰Trading Costs | Competitive overnight fees, transparent swap rates |
| ➡️Demo account availability | Available |
| 📅Integration with Third Party Tools | Compatible with a range of third-party tools |
| Customizability of the platform | Highly customizable |
| 📅Economic Calendar Integration | Integrated economic calendar |
| 🖺News Feed Integration | Integrated news feed |
| ✅Hedging and Netting Options | Supports both hedging and netting |
| 💸Stop-Loss and Take-Profit Orders | Available |
| ⏲️Scalping and Hedging Policies | Permitted, policies in place |
Pros Cons
| ✅Pros | ❌Cons |
| User-friendly interface with advanced trading tools | Customer support is not available 24/7 |
| Supports a wide range of assets including stocks and cryptocurrencies | A limited number of account types compared to other brokers |
| Competitive spreads and zero commission on most accounts | High inactivity fees for dormant accounts |
| Automated trading capabilities with Expert Advisors (EAs) | Limited promotional offers and bonuses |
| Strong educational resources and market analysis tools | Occasional slippage during high volatility periods |
HFM
The MT5 platform by HFM is specifically designed to provide Brazilian traders with an improved trading experience, prioritizing performance and reliability. The HFM MT5 platform offers various trading instruments, including Forex, commodities, indices, shares, and bonds.
Traders in Brazil can make the most of the advanced charting tools, which provide a wide range of timeframes and technical indicators. This allows for in-depth market analysis.
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 strategy tester and economic calendar are powerful tools for developing strategies and timing the market. HFM’s MT5 allows traders to choose between netting and hedging systems to manage their positions effectively.
Access to a platform with competitive spreads and various account types is a major advantage for Brazilian traders.
We like that HFM provides local support and educational resources in Portuguese, which helps traders improve their skills and stay updated on market developments. With a strong emphasis on security and regulatory compliance, the broker provides traders with the peace of mind that their funds are well-protected.
Unique Features
| Features | Description |
| 🪪Regulatory Status | FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA |
| 📈Trading Instruments Availability | Forex, Precious Metals, Energies, Indices, Shares, Commodities, Crypto CFDs, Bonds, ETFs |
| 📊Spread and Commissions | Tight spreads, commission on certain account types |
| 📊Leverage Options | Up to 1:2000 |
| ✅Execution speed | Fast execution speeds |
| ⚖️Order Types Supported | Market orders, limit orders, stop orders, trailing stop |
| Charting tools and indicators | 21 timeframes, 38 technical indicators |
| 💻Account types | Cent, Zero, Pro, Pro Plus, Premium, HFCopy |
| 💰Deposit and Withdrawal Methods | Payment Method Bank Wire Transfer Electronic Transfer Credit Card Debit Card Skrill Crypto |
| 📞Customer Support | 24/5 multilingual support, including Portuguese |
| 🔎Educational Resources | Webinars, articles, video tutorials |
| ➡️Automated trading capabilities | Supports Expert Advisors (EAs) |
| 📱Mobile trading capabilities | A fully functional mobile app available |
| 💻Trading Platform Stability and Uptime | High platform stability and uptime |
| 🌎Local Support and Language Options | Portuguese language support |
| 🪙Promotions and Bonuses offerings | Occasional bonuses and promotions |
| 📅Market analysis and research tools | Integrated market analysis tools |
| 🛡️Security Measures | SSL encryption, segregated client funds |
| 📜Customer Reviews and reputation | Generally positive user reviews and ratings |
| 💰Trading Costs | Competitive overnight fees, transparent swap rates |
| ➡️Demo account availability | Available |
| 📅Integration with Third Party Tools | Compatible with a range of third-party tools |
| Customizability of the platform | Highly customizable |
| 📅Economic Calendar Integration | Integrated economic calendar |
| 🖺News Feed Integration | Integrated news feed |
| ✅Hedging and Netting Options | Supports both hedging and netting |
| 💸Stop-Loss and Take-Profit Orders | Available |
| ⏲️Scalping and Hedging Policies | Permitted, policies in place |
Pros Cons
| ✅Pros | ❌Cons |
| Extensive range of account types to suit different trading needs | Customer support is not available 24/7 |
| High leverage options up to 1:2000 | Spreads can be higher on certain account types |
| Advanced charting tools with 21 timeframes and 38 indicators | Complex fee structure for some accounts |
| Supports both hedging and netting options | High leverage can increase risk for inexperienced traders |
| Comprehensive educational resources, including webinars and tutorials | Occasional delays in withdrawal processing |
XM
XM’s MT5 platform is a powerful tool for Brazil traders, providing them access to a wide range of financial instruments, such as Forex, stocks, commodities, and indices.
The platform offers various trading features, including multiple timeframes, technical indicators, and comprehensive market analysis tools.
These tools are invaluable for traders who want to make well-informed decisions. XM’s MT5 platform offers traders in Brazil the flexibility to choose between hedging and netting options, allowing for a variety of trading strategies.
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
One of the impressive aspects is the smooth transition between MT4 and MT5, allowing traders to use both platforms effortlessly.
We found that the platform also provides automated trading capabilities through Expert Advisors (EAs), allowing traders to develop and implement their trading strategies effectively.
XM offers competitive spreads and flexible leverage options, which elevate the trading experience and make it a popular choice among traders in Brazil, regardless of their experience level.
The broker’s dedication to being open and trustworthy enhances the attractiveness of trading on XM’s MT5 platform.
Unique Features
| Features | Description |
| 🪪Regulatory Status | FSCA, IFSC, ASIC, CySEC, DFSA, FCA |
| 📈Trading Instruments Availability | Forex, cryptocurrencies, stock CFDs, commodities, equity indices, precious metals, energies, individual shares, Turbo Stocks |
| 📊Spread and Commissions | Tight spreads, zero commission on most accounts |
| 📊Leverage Options | Up to 1:000 |
| ✅Execution speed | Fast execution speeds |
| ⚖️Order Types Supported | Market orders, limit orders, stop orders, trailing stop |
| Charting tools and indicators | 21 timeframes, 38 technical indicators |
| 💻Account types | Micro, Standard, XM Ultra Low, Shares |
| 💰Deposit and Withdrawal Methods | Bank transfers, credit/debit cards, e-wallets |
| 📞Customer Support | 24/7 multilingual support, including Portuguese |
| 🔎Educational Resources | Webinars, articles, video tutorials |
| ➡️Automated trading capabilities | Supports Expert Advisors (EAs) |
| 📱Mobile trading capabilities | A fully functional mobile app available |
| 💻Trading Platform Stability and Uptime | High platform stability and uptime |
| 🌎Local Support and Language Options | Portuguese language support |
| 🪙Promotions and Bonuses offerings | Occasional bonuses and promotions |
| 📅Market analysis and research tools | Integrated market analysis tools |
| 🛡️Security Measures | SSL encryption, segregated client funds |
| 📜Customer Reviews and reputation | Generally positive user reviews and ratings |
| 💰Trading Costs | Competitive overnight fees, transparent swap rates |
| ➡️Demo account availability | Available |
| 📅Integration with Third Party Tools | Compatible with a range of third-party tools |
| Customizability of the platform | Highly customizable |
| 📅Economic Calendar Integration | Integrated economic calendar |
| 🖺News Feed Integration | Integrated news feed |
| ✅Hedging and Netting Options | Supports both hedging and netting |
| 💸Stop-Loss and Take-Profit Orders | Available |
| ⏲️Scalping and Hedging Policies | Permitted, policies in place |
Pros Cons
| ✅Pros | ❌Cons |
| Tight spreads with zero commission on most accounts | Inactivity fees for dormant accounts |
| Extensive range of trading instruments, including Forex and stocks | A limited number of promotions and bonuses specifically for Brazilian traders |
| High leverage options up to 1:000 | High leverage can increase risk for inexperienced traders |
| User-friendly platform with advanced charting tools | Occasional slippage during high volatility periods |
Pepperstone
Pepperstone’s MT5 platform provides traders in Brazil with a complete and sophisticated trading environment. The platform offers diverse assets, such as Forex, commodities, cryptocurrencies, and indices, to accommodate different trading preferences.
Pepperstone’s MT5 is well-known for its competitive spreads and lightning-fast execution speeds, making it an ideal choice for traders in Brazil who want to seize market opportunities with accuracy.
With a wide range of charting tools, including 21 timeframes and various technical indicators, you can conduct a thorough technical analysis to improve your trading strategies.
Overall Rating
- 4.9/5
Min Deposit
USD 0
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Trading Platform
MT4, MT5, cTrader, TradingView
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
The platform also offers automated trading through Expert Advisors (EAs), allowing traders to backtest and implement their strategies easily.
Pepperstone offers dedicated support and educational resources for Brazilian traders, guaranteeing they have all the essential tools and knowledge to thrive in their trading endeavors.
With the integration of economic calendars and news feeds in the MT5 platform, traders can easily stay updated with market events, greatly improving their decision-making process.
We think that Pepperstone’s dedication to ensuring a secure and regulated trading environment helps to build trust among traders, solidifying its position as a preferred option for trading with the MT5 platform.
Unique Features
| Features | Description |
| 🪪Regulatory Status | ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB |
| 📈Trading Instruments Availability | Forex, commodities, indices, currency indices, cryptocurrencies, shares, ETFs |
| 📊Spread and Commissions | Tight spreads, commission on Razor accounts |
| 📊Leverage Options | 1:400 on retail (depending on region), 1:500 (pro) |
| ✅Execution speed | Fast execution speeds |
| ⚖️Order Types Supported | Market orders, limit orders, stop orders, trailing stop |
| Charting tools and indicators | 21 timeframes, 38 technical indicators |
| 💻Account types | Standard, Razor, Swap-Free |
| 💰Deposit and Withdrawal Methods | Visa Mastercard Bank transfer MPESA PayPal Neteller Skrill Flutterwave |
| 📞Customer Support | 24/7 multilingual support |
| 🔎Educational Resources | Webinars, articles, video tutorials |
| ➡️Automated trading capabilities | Supports Expert Advisors (EAs) |
| 📱Mobile trading capabilities | A fully functional mobile app available |
| 💻Trading Platform Stability and Uptime | High platform stability and uptime |
| 🌎Local Support and Language Options | No Portuguese language support |
| 🪙Promotions and Bonuses offerings | Refer a friend bonus |
| 📅Market analysis and research tools | Integrated market analysis tools |
| 🛡️Security Measures | SSL encryption, segregated client funds |
| 📜Customer Reviews and reputation | Generally positive user reviews and ratings |
| 💰Trading Costs | Competitive overnight fees, transparent swap rates |
| ➡️Demo account availability | Available |
| 📅Integration with Third Party Tools | Compatible with a range of third-party tools |
| Customizability of the platform | Highly customizable |
| 📅Economic Calendar Integration | Integrated economic calendar |
| 🖺News Feed Integration | Integrated news feed |
| ✅Hedging and Netting Options | Supports both hedging and netting |
| 💸Stop-Loss and Take-Profit Orders | Available |
| ⏲️Scalping and Hedging Policies | Permitted, policies in place |
Pros Cons
| ✅Pros | ❌Cons |
| Tight spreads and low commissions on Razor accounts | A limited number of account types |
| Wide range of assets, including Forex, commodities, and cryptocurrencies | High inactivity fees for dormant accounts |
| Fast execution speeds with low latency | Limited promotional offers and bonuses |
| Supports automated trading with Expert Advisors (EAs) | Occasional slippage during high volatility periods |
Conclusion
MetaTrader 5 is a powerful and flexible platform that meets the needs of traders at all levels of experience. With its advanced charting tools, multiple timeframes, and comprehensive analytical capabilities, it is the top choice for traders in Brazil who want detailed market analysis.
Exness, AvaTrade, HFM, XM, and Pepperstone all have their distinct advantages. Trading with MT5 through these brokers provides traders in Brazil with a powerful set of tools to effectively navigate the financial markets.
Frequently Asked Questions
What trading instruments can I access with MT5 brokers in Brazil?
MT5 brokers typically offer access to various instruments, including Forex, commodities, indices, stocks, and cryptocurrencies, providing diverse opportunities for traders.
What are the typical spreads and commissions with MT5 brokers?
Spreads and commissions vary by broker. Generally, MT5 brokers offer competitive spreads, with some providing zero-commission trading on certain accounts. It’s essential to compare brokers to find the most cost-effective option.
How can leverage options benefit Brazilian traders using MT5?
Leverage allows traders to control larger positions with a smaller amount of capital. MT5 brokers offer varying leverage levels, sometimes up to 1:2000, enabling traders to maximize potential returns, though it also increases risk.
What are the order types supported on MT5?
MT5 supports multiple order types, including market orders, limit orders, stop orders, and trailing stops. This versatility allows traders to implement diverse trading strategies effectively.
How does automated trading work on MT5?
MT5 supports automated trading through Expert Advisors (EAs). Traders can develop or purchase EAs to execute trades based on predefined strategies, enhancing trading efficiency and consistency.
