Which broker is better for Brazil traders in 2026? Expert analysis across 12 categories.
Choosing the right forex broker is critical for Brazilian traders, especially with the growing retail trading community in Brazil. EasyMarkets and Tickmill are two well-known international brokers that accept clients from Brazil, but they cater to different needs. EasyMarkets, rated 3.4/5, offers a user-friendly platform with fixed spreads and a low minimum deposit of $25, making it attractive for newcomers. Tickmill, rated 4/5, is favored by experienced traders for its raw spreads from 0.0 pips, fast execution, and professional tools. Both brokers support Brazilian payment methods like PIX, Bank Transfer, and Credit Card, and they operate under regulatory frameworks that allow Brazilian residents to trade legally. However, the best choice depends on your trading style, budget, and experience level. This comparison will help you decide which broker aligns better with your goals in 2025.
| Instrument | EasyMarkets | Tickmill | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Tickmill |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Tickmill |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Tickmill |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Tickmill |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | Tickmill |
When comparing trading costs for Brazil traders, Tickmill clearly outperforms EasyMarkets. Tickmill offers raw spreads as low as 0.0 pips on its Pro account with a commission of $3 per lot per side, while EasyMarkets charges fixed spreads that average 1.2 pips on EUR/USD with no commission. For a Brazil trader executing 10 lots per month, Tickmill’s variable spread model can save hundreds of reais in costs compared to EasyMarkets’ fixed spreads. Additionally, Tickmill does not charge deposit fees, whereas EasyMarkets may apply currency conversion fees when depositing in BRL. For scalpers or high-frequency traders, Tickmill’s low spreads are a clear advantage.
| Account Type | EasyMarkets | Tickmill |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $100 |
| Entity / Asset | EasyMarkets | Tickmill |
|---|---|---|
| Brazil (offshore) | Up to 1:2000 | Up to 1:1000 |
| Forex major pairs | 1:2000 | 1:1000 |
| 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 | Tickmill | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | ✗ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Tickmill |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | Tickmill |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets provides its proprietary web-based platform and a mobile app, which are straightforward and include built-in risk management tools like DealCancellation and Freeze Rate. These features are beginner-friendly but lack the advanced charting and automation that experienced Brazilian traders often need. Tickmill offers MetaTrader 4 and MetaTrader 5, the industry standards, with full support for custom indicators, Expert Advisors (EAs), and advanced order types. For Brazil traders who rely on algorithmic trading or complex analysis, Tickmill’s MT4/5 platforms are far superior. Both platforms are available in Portuguese, making them accessible for local users.
| Factor | EasyMarkets | Tickmill | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Tickmill |
| 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 |
Execution quality is a key differentiator. Tickmill uses Straight Through Processing (STP) on its Pro accounts, offering execution speeds under 30 milliseconds with no dealing desk intervention. This translates to minimal slippage and fast order fills, essential for scalpers and day traders. EasyMarkets also uses STP execution but with a dealing desk option that may introduce requotes during volatile markets. For Brazil traders trading major pairs like USD/BRL, Tickmill’s faster execution and lower latency provide a noticeable edge, especially on high-impact news events.
| Safety Factor | EasyMarkets | Tickmill |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither EasyMarkets nor Tickmill holds a direct license from the Brazilian Securities and Exchange Commission (CVM). However, both brokerages operate under reputable international regulators: EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), while Tickmill is regulated by the FCA (UK), CySEC, and FSA (Seychelles). For Brazil traders, this means both brokers comply with strict financial standards and client fund segregation rules. Although CVM does not directly supervise these brokers, Brazilian traders can use them legally as long as the broker accepts clients from Brazil. Always verify the broker’s current regulatory status before depositing.
| Payment Method | EasyMarkets | Tickmill |
|---|---|---|
| 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) | Most withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days. |
Depositing and withdrawing funds in Brazilian reais (BRL) is convenient at both EasyMarkets and Tickmill. EasyMarkets supports PIX, Bank Transfer, Credit Card, and e-wallets like Skrill and Neteller. Deposits via PIX are instant and typically free, while Bank Transfers may take 1-2 business days. Withdrawals are processed within 24 hours for most methods, with PIX being the fastest option. Tickmill also accepts PIX, Bank Transfer, Credit Card, and a wider range of e-wallets including Perfect Money and WebMoney. Tickmill processes withdrawals within 24 hours on business days, with no internal fees. Both brokers allow deposits in BRL, avoiding costly conversion fees. For Brazilian traders who prioritize speed and low cost, PIX is the best choice at both brokers.
| Islamic Account Feature | EasyMarkets | Tickmill |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
EasyMarkets and Tickmill both offer Islamic (swap-free) accounts for Muslim traders in Brazil who require compliance with Sharia law. EasyMarkets provides swap-free status upon request for clients who provide proof of faith, applicable to all account types. Tickmill also offers swap-free accounts on its Classic and Pro accounts, automatically removing rollover interest on positions held overnight. Both brokers are transparent about the conditions: EasyMarkets may charge a small administrative fee after extended holding periods, while Tickmill does not charge extra fees beyond the swap exemption. Brazilian Muslim traders should confirm the specific terms with each broker’s support team before opening an account.
| Support Feature | EasyMarkets | Tickmill | 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, including live chat, email, and phone support during business hours. Their response times are generally fast, though some Brazil traders report occasional delays with less common queries. Tickmill provides support in Portuguese as well, with 24/5 live chat, email, and phone. Tickmill’s support is often praised for its efficiency and depth of knowledge, especially for technical issues related to MT4/5. For Brazilian traders, both brokers offer adequate local-language support, but Tickmill edges ahead with round-the-clock availability during the trading week.
| Mobile Feature | EasyMarkets | Tickmill | 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 | Tickmill | 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 Tickmill if you...
For Brazil traders in 2025, Tickmill is the better overall broker thanks to its lower trading costs, faster execution, and professional platforms. It scores 4/5 against EasyMarkets’ 3.4/5, and its offerings align well with the growing community of cost-conscious and technically inclined Brazilian traders. However, EasyMarkets remains a solid choice for beginners or those who prefer fixed costs and simplified risk management. Both brokers accept Brazilian payment methods like PIX, Bank Transfer, and Credit Card, and comply with CVM regulations for international brokers. Ultimately, Tickmill is recommended for active traders aiming to minimize costs, while EasyMarkets suits those who value simplicity and protection tools.