Which broker is better for Brazil traders in 2026? Expert analysis across 12 categories.
Brazil's retail trading community is growing rapidly, with more traders seeking reliable brokers that accept BRL and offer local payment methods like PIX. EasyMarkets and RoboForex are two popular choices, each with distinct strengths. EasyMarkets, with a score of 3.4/5, focuses on simplicity and fixed spreads, making it ideal for beginners. RoboForex, scoring 3.2/5, offers more flexibility with multiple account types and higher leverage, appealing to experienced traders. Both brokers accept Brazilian clients, support PIX deposits, and provide access to forex and CFDs. However, they differ in regulation, costs, and platform features. This comparison will help Brazil traders decide which broker aligns with their trading style and local needs.
| Instrument | EasyMarkets | RoboForex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | RoboForex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | RoboForex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | RoboForex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | RoboForex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $10 | RoboForex |
For Brazil traders, trading costs vary significantly between EasyMarkets and RoboForex. EasyMarkets charges fixed spreads starting at 1.0 pips on EUR/USD with no commission, making costs predictable for small-volume traders. RoboForex offers variable spreads from 0.0 pips on its ECN accounts but adds a commission of $3.5 per lot round-turn. On standard accounts, RoboForex spreads start at 1.3 pips with no commission. For a Brazil trader executing 10 lots per month, EasyMarkets costs around $100 in spreads, while RoboForex ECN would be $70 (spreads + commission). However, RoboForex's variable spreads can widen during volatile sessions, affecting cost control. Beginners in Brazil may prefer EasyMarkets' fixed costs, while scalpers benefit from RoboForex's lower raw spreads.
| Account Type | EasyMarkets | RoboForex |
|---|---|---|
| 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 | RoboForex |
|---|---|---|
| Brazil (offshore) | Up to 1:2000 | Up to 1:2000 |
| Forex major pairs | 1:2000 | 1:2000 |
| 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 | RoboForex | 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 | ✗ | ✗ | RoboForex |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | RoboForex |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, which are popular among Brazil traders for their advanced charting and automated trading. EasyMarkets also provides its proprietary web-based platform with a clean interface and risk management tools like dealCancellation and Freeze Rate – features that help Brazil traders avoid slippage. RoboForex additionally supports cTrader, which is favored for its fast execution and depth of market. For mobile traders, both brokers have well-rated apps available in Portuguese. Brazil traders who value simplicity and built-in risk controls may prefer EasyMarkets' platform, while those needing advanced order types and customization should choose RoboForex.
| Factor | EasyMarkets | RoboForex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | RoboForex |
| 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 with fixed spreads and no requotes, providing consistent execution for retail traders. RoboForex offers both market maker and ECN execution, with ECN accounts providing direct market access and lower latency. For Brazil traders, RoboForex's ECN accounts are better for scalping and high-frequency trading, while EasyMarkets' execution is reliable for swing trading. RoboForex also offers a virtual private server (VPS) for automated trading, which is beneficial for Brazil traders running Expert Advisors.
| Safety Factor | EasyMarkets | RoboForex |
|---|---|---|
| Primary regulator | CySEC | IFSC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), offering a moderate level of investor protection. RoboForex is licensed by IFSC (Belize), which provides less stringent oversight. Neither broker is regulated by Brazil's CVM, meaning Brazil traders do not have local protection or access to the CVM's dispute resolution mechanisms. However, both brokers comply with international anti-money laundering (AML) standards. For Brazil traders, this means they must rely on the broker's reputation and trustworthiness rather than local regulatory safeguards. EasyMarkets' CySEC regulation offers slightly more security, especially regarding fund segregation, while RoboForex's IFSC license allows higher leverage (up to 1:2000) but with less regulatory oversight.
| Payment Method | EasyMarkets | RoboForex |
|---|---|---|
| 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) | 1 to 5 business days |
Brazil traders can fund their accounts using PIX, Bank Transfer, and Credit Card at both EasyMarkets and RoboForex. PIX deposits are instant and fee-free at both brokers, with EasyMarkets requiring no minimum and RoboForex setting a minimum of R$50. Bank transfers are available but take 1-3 business days and may incur intermediary fees. Credit card deposits are instant but may carry a 2-3% fee depending on the card issuer. For withdrawals, EasyMarkets processes via bank transfer (1-3 days) or credit card (3-5 days), while RoboForex supports PIX withdrawals within 24 hours – a major advantage for Brazil traders needing quick access to funds. RoboForex also offers a local BRL account for faster transfers. Overall, RoboForex has a slight edge in withdrawal speed, especially with PIX.
| Islamic Account Feature | EasyMarkets | RoboForex |
|---|---|---|
| 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 RoboForex offer Islamic (swap-free) accounts for Brazil's Muslim traders. EasyMarkets provides swap-free accounts automatically upon request with no additional fees, making it straightforward for traders who follow Sharia law. RoboForex also offers Islamic accounts but may charge a small administrative fee after a certain holding period (e.g., 10 days). Brazil traders should note that Islamic accounts at RoboForex are not available for all account types (e.g., not for ECN). EasyMarkets' policy is more inclusive, as all account types can be converted to swap-free. Both brokers require a simple request via customer support. For Brazil Muslim traders, EasyMarkets offers a more hassle-free solution.
| Support Feature | EasyMarkets | RoboForex | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets provides 24/5 customer support in Portuguese via live chat, email, and phone, with quick response times. RoboForex offers 24/7 support in multiple languages, including Portuguese, but response times can vary. EasyMarkets' support is more personalized, while RoboForex relies on a ticketing system for complex issues. Brazil traders may prefer EasyMarkets for faster, direct assistance, especially during local trading hours.
| Mobile Feature | EasyMarkets | RoboForex | 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 | RoboForex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose RoboForex if you...
For Brazil traders, the choice between EasyMarkets and RoboForex depends on experience and priorities. EasyMarkets (3.4/5) is better for beginners due to its fixed spreads, simple platform, and strong Portuguese support. Its dealCancellation feature also appeals to risk-averse traders. RoboForex (3.2/5) suits advanced traders who want lower raw spreads, higher leverage, and faster PIX withdrawals. However, neither broker is regulated by the CVM, so Brazil traders should trade cautiously. If you value predictability and ease of use, go with EasyMarkets. If you need flexibility and cost efficiency for larger volumes, RoboForex is the choice. Both support PIX, Bank Transfer, and Credit Card deposits, making them accessible for Brazilian traders.