Which broker is better for Brazil traders in 2026? Expert analysis across 12 categories.
Brazil's growing retail trading community has two popular options: AvaTrade and InvestoPro. While AvaTrade scores 4.6/5 and is regulated by the CVM (Comissão de Valores Mobiliários), InvestoPro holds a 3.8/5 rating and operates under offshore regulation. Both brokers accept Brazil traders and support local payment methods like PIX, Bank Transfer, and Credit Card. However, their offerings differ significantly in terms of spreads, platforms, and overall trust. For Brazil traders looking for a reliable broker with strong regulatory oversight and competitive trading costs, AvaTrade stands out. InvestoPro, on the other hand, appeals to beginners with its low minimum deposit and simplified interface. This comparison will help you decide which broker fits your trading style and local needs.
| Instrument | AvaTrade | InvestoPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | InvestoPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | InvestoPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | InvestoPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | InvestoPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $0 | InvestoPro |
For Brazil traders, trading costs are a key factor. AvaTrade offers tighter spreads on major forex pairs (EUR/USD from 0.9 pips) and no commission on standard accounts. InvestoPro’s spreads start at 1.2 pips on the same pairs, plus a small commission of $3 per lot on certain account types. For traders executing 10+ lots per month, AvaTrade’s lower spreads can save hundreds of BRL annually. Additionally, AvaTrade’s swap rates are more competitive for overnight positions, a consideration for Brazil traders holding USD/BRL positions.
| Account Type | AvaTrade | InvestoPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✓ | ✗ |
| Min deposit | $100 | $0 |
| Entity / Asset | AvaTrade | InvestoPro |
|---|---|---|
| Brazil (offshore) | Up to 1:400 | Up to 1:500 |
| Forex major pairs | 1:400 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | AvaTrade | InvestoPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | AvaTrade |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | AvaTrade |
| Crypto CFDs | 30+ | 20+ | AvaTrade |
| Stocks / Share CFDs | ✗ | ✗ | InvestoPro |
| ETFs | ✓ | ✗ | Tie |
| Platform | AvaTrade | InvestoPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
AvaTrade provides the industry-standard MetaTrader 4 and 5 platforms, plus its own WebTrader and mobile apps optimized for Brazil traders. InvestoPro offers a proprietary web platform and a mobile app, but lacks MT4/MT5 support. For Brazil traders who rely on automated trading or custom indicators, AvaTrade’s MT4/MT5 compatibility is a major advantage. InvestoPro’s platform is simpler and faster to learn, which may appeal to beginners, but advanced traders will find AvaTrade’s ecosystem more powerful.
| Factor | AvaTrade | InvestoPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | InvestoPro |
| Avg execution speed | ~30ms | ~40ms | AvaTrade |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
AvaTrade uses straight-through processing (STP) with no dealing desk, offering average execution speeds of 0.3 seconds. InvestoPro also uses STP but has reported execution speeds of 0.5-0.7 seconds. For Brazil traders trading volatile pairs like USD/BRL, AvaTrade’s faster execution reduces slippage risk.
| Safety Factor | AvaTrade | InvestoPro |
|---|---|---|
| Primary regulator | CBI | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
AvaTrade is regulated by the CVM in Brazil, ensuring compliance with local investor protection rules, including segregated client funds and negative balance protection. InvestoPro is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, which offers no specific Brazil-level oversight. For Brazil traders, AvaTrade’s CVM regulation means disputes can be handled locally, and the broker must adhere to Brazilian financial laws. InvestoPro’s offshore status may offer less recourse in case of issues.
| Payment Method | AvaTrade | InvestoPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Card/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days | Card/e-wallet fast; bank transfer 1-3 days |
Both AvaTrade and InvestoPro support PIX, Bank Transfer, and Credit Card deposits for Brazil traders. With AvaTrade, PIX deposits are processed instantly with zero fees, and withdrawals via PIX are free and processed within 24 hours. InvestoPro also accepts PIX but charges a 2% fee on credit card deposits and a 1% fee on bank transfers. Withdrawals at InvestoPro take 2-5 business days and incur a $10 fee for bank transfers. For Brazil traders prioritizing low-cost and fast deposits, AvaTrade is the better option.
| Islamic Account Feature | AvaTrade | InvestoPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both brokers offer Islamic (swap-free) accounts for Brazil Muslim traders. AvaTrade provides swap-free accounts on all account types with no extra charges, making it ideal for long-term position traders. InvestoPro also offers Islamic accounts but requires a minimum deposit of 500 BRL and charges a small administrative fee after 30 days of holding a position. For Brazil traders seeking a truly swap-free experience, AvaTrade’s offering is more generous.
| Support Feature | AvaTrade | InvestoPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | AvaTrade |
AvaTrade offers 24/5 customer support in Portuguese via live chat, email, and phone, with a dedicated Brazil team. InvestoPro provides 24/7 support in English and Spanish but lacks Portuguese-language support. For Brazil traders, AvaTrade’s local language support and Brazil-specific trading hours assistance make it more accessible.
| Mobile Feature | AvaTrade | InvestoPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | AvaTrade |
| Google Play rating | 4.3 stars | 4.2 stars | AvaTrade |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | AvaTrade | InvestoPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | AvaTrade |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | AvaTrade |
Choose AvaTrade if you...
Choose InvestoPro if you...
For the vast majority of Brazil traders, AvaTrade is the superior choice. Its CVM regulation, competitive spreads, support for PIX, Bank Transfer, and Credit Card deposits, and powerful MT4/MT5 platforms make it ideal for both beginners and experienced traders. InvestoPro may appeal to those with very small accounts or who prefer a simpler platform, but its higher costs and lack of local regulatory oversight are significant drawbacks. If you value security, low costs, and local payment convenience, go with AvaTrade.