Which broker is better for Brazil traders in 2026? Expert analysis across 12 categories.
The Brazilian retail trading community continues to grow, with more local traders turning to international brokers for forex, indices, and commodity CFDs. EasyMarkets and Libertex are two accessible options that support BRL deposits and withdrawals via PIX, bank transfer, and credit card. EasyMarkets, known for its user-friendly web platform and guaranteed stop-loss feature, appeals to beginners and risk-averse traders. Libertex, with a higher overall score of 3.7 against EasyMarkets' 3.4, offers a wider range of tradable assets (over 400 instruments) and competitive spreads. Both brokers accept Brazilian clients, but neither is regulated by the CVM (Comissão de Valores Mobiliários). This comparison focuses on what matters most to Brazil traders: local payment methods, actual trading costs in BRL terms, platform usability, regulatory safety, and customer support in Portuguese. With PIX becoming the dominant payment method, we highlight how each broker handles instant deposits and withdrawals. Whether you prioritize low costs or simplicity, this guide helps you choose between EasyMarkets and Libertex for your Brazilian trading journey in 2025.
| Instrument | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $10 | Libertex |
When comparing costs for Brazil traders, Libertex generally offers lower spreads and commissions, especially for high-volume traders. On EUR/USD, Libertex's Raw account has spreads from 0.5 pips plus a commission, while EasyMarkets charges variable spreads averaging 1.2 pips with no commission. For Brazil traders trading smaller amounts (e.g., $100 per trade), EasyMarkets' all-in spread model may be simpler and cost-effective. However, frequent traders handling larger BRL volumes will find Libertex cheaper overall. Both brokers charge a small currency conversion fee when trading non-BRL pairs, but deposits in BRL via PIX avoid this. EasyMarkets' guaranteed stop-loss comes at a cost – wider spreads – making it more expensive for scalping. Libertex also offers fixed spreads on certain accounts, but its floating spreads are generally tighter. Brazil traders should consider their trading frequency and typical lot size before deciding.
| Account Type | EasyMarkets | Libertex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $10 |
| Entity / Asset | EasyMarkets | Libertex |
|---|---|---|
| Brazil (offshore) | Up to 1:2000 | Up to 1:999 |
| Forex major pairs | 1:2000 | 1:999 |
| 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 | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
| Platform | EasyMarkets | Libertex |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets provides a proprietary web-based platform that is clean, intuitive, and includes built-in risk management tools like dealCancellation and guaranteed stop-loss. It requires no download and works well on slower connections common in some regions of Brazil. Libertex offers its own web platform, mobile apps (iOS/Android), and also supports MetaTrader 4 and 5 for Brazil traders who need advanced charting and EA support. For traders who rely on automated strategies or custom indicators, Libertex's MT4/5 support is a clear advantage. However, beginners in Brazil who want a simple, hassle-free experience will prefer EasyMarkets. Both platforms are fully available in Portuguese, and mobile apps support trading on the go. Libertex's platform includes social trading features, allowing Brazilian traders to copy top performers – a popular feature in the growing retail community.
| Factor | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Libertex |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✗ | Tie |
EasyMarkets uses a market-maker model (dealing desk) with fixed spreads and guaranteed stop-loss, meaning execution is instant with no requotes but no ECN liquidity. This can be negative for scalpers. Libertex offers both dealing desk and straight-through-processing (STP) execution on its MT4 accounts, providing tighter spreads and faster order fills for high-frequency traders. For Brazil traders trading during volatile sessions, Libertex's execution is generally more reliable for precision entries, while EasyMarkets ensures no slippage on stop-loss orders – a trade-off depends on trader style.
| Safety Factor | EasyMarkets | Libertex |
|---|---|---|
| Primary regulator | CySEC | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). Libertex is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Commission (FSC) in Belize. Neither broker holds a license from Brazil's CVM, meaning traders do not have the same level of local investor protection. However, both comply with EU regulations (MiFID II), which include negative balance protection and client fund segregation – important safety nets. For Brazil traders, this means your funds are kept in separate bank accounts, and you cannot lose more than your deposited amount. While CVM regulation would be ideal, these offshore licenses are widely accepted in the Brazilian trading community. Traders should verify broker credentials and consider that CySEC-regulated entities (EasyMarkets and Libertex's European arm) offer additional protection via the Investor Compensation Fund.
| Payment Method | EasyMarkets | Libertex |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | 5 business days |
Brazil traders can deposit and withdraw using PIX, bank transfer (TED/DOC), and major credit cards (Visa, Mastercard) at both brokers. EasyMarkets processes PIX deposits instantly and free of charge, with no minimum deposit (though a BRL 50 equivalent is practical). Withdrawals via PIX are also free and processed within 24 hours. Libertex also supports PIX deposits with instant processing and no fees, and withdrawals in BRL via PIX are returned within one business day. Bank transfers at both brokers may take 1-3 business days and could incur intermediary bank fees. Credit card deposits are instant but may have a small fee (~1-2%) from the card issuer. For larger withdrawals, EasyMarkets charges a $25 fee on bank wire (not applicable to PIX or cards), while Libertex does not charge internal withdrawal fees but may pass on third-party costs. Overall, PIX is the fastest and cheapest method for Brazil traders at both brokers.
| Islamic Account Feature | EasyMarkets | Libertex |
|---|---|---|
| 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 EasyMarkets and Libertex offer Islamic (swap-free) accounts for Muslim traders in Brazil who require Sharia-compliant trading. EasyMarkets provides swap-free accounts upon request, with no rollover interest on positions held overnight. This applies to forex, indices, and commodities. Libertex also offers Islamic accounts automatically after account verification and a written request, with no swap charges on overnight trades. However, both brokers may reserve the right to convert or restrict Islamic accounts if used for purely speculative purposes. Brazil traders should contact customer support to activate the account and confirm any long-term holding limits. The availability of Islamic accounts makes both brokers inclusive for Brazil's diverse trading community.
| Support Feature | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets offers customer support in Portuguese via live chat, email, and phone, available 24/5. Their Brazilian support team is responsive and knowledgeable about local payment methods. Libertex also provides Portuguese support through live chat and email, with 24/5 availability. Both brokers are quick to answer queries about PIX deposits and account setup. For after-hours or weekend support, Libertex has a slight edge with 24/7 chat availability (though agents may not be always Portuguese-speaking). Overall, Brazil traders can expect efficient support from both, with EasyMarkets more focused on beginner questions and Libertex on technical trading issues.
| Mobile Feature | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Libertex if you...
Between EasyMarkets and Libertex, Brazil traders have two solid options, each catering to different needs. Libertex edges ahead in overall score (3.7 vs 3.4) due to its lower costs, MT4/5 support, and broader asset range – making it the better choice for active traders and those with larger capital. However, EasyMarkets stands out for its beginner-friendly platform, guaranteed risk controls, and fixed spreads, ideal for traders who prioritize simplicity and safety. Both brokers accept PIX, bank transfers, and credit cards without hassle, and offer customer support in Portuguese. Neither is regulated by the CVM, so traders must be comfortable with offshore oversight. If you are a casual trader or just starting out, EasyMarkets is a safe bet. If you want lower trading costs and more flexibility, Libertex is the winner. Assess your own trading style and choose accordingly.