Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Brazil
Data verified
Complete Head-to-Head Comparison · 2026

Exness Vs IG 2026: Complete Comparison For Brazil Traders

Which broker is better for Brazil traders in 2026? Expert analysis across 12 categories.

Exness logo
Exness
FCA · CySEC · ASIC · Founded 2008
Open Account
VS
IG logo
IG
FCA · ASIC · MAS · Founded 1974
Open Account
Winner: IG
Categories: 12 compared
For: Brazil traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Brazil Traders

Best Overall
IG
Higher overall score & more features
Best Spreads
IG
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Brazil Muslims
Best for Beginners
IG
Better education & support
$10 vs $0
Min deposit
1:2 vs 1:200
Max leverage
FCA vs FCA
Top regulator
3.5 vs 4.3
Our scores
Table of Contents

Head-to-head comparison

Brazil's forex trading community continues to grow rapidly in 2026, with traders seeking brokers that offer local payment methods, competitive costs, and reliable regulation. Exness and IG are two of the most popular choices among Brazil traders, but they serve different needs. Exness, with a rating of 4.8/5, excels in low spreads, high leverage, and instant PIX deposits—making it ideal for active retail traders. IG, rated 4.2/5, is a globally established broker with strong research tools and a vast range of markets, appealing to more experienced traders. Both brokers accept Brazil residents and offer MetaTrader 4 and 5 platforms, but their approach to serving Brazil traders differs significantly. This comparison will help you decide which broker aligns with your trading style, budget, and local requirements, including BRL support and CVM awareness.

🏆

Overall Scores Comparison

Exness logo
Exness
FCA · CySEC · ASIC
3.5
CompareBroker score
VS
IG logo
IG
FCA · ASIC · MAS
4.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.6
4.4
WIN
Platforms
MT4, MT5, cTrader, TV
3.2
4.5
WIN
Regulation
Safety, oversight
3.8
4.6
WIN
Deposits
Local payments
3.6
4.3
WIN
Customer Support
24/5, chat, phone
3.7
4.1
WIN
Education
Webinars, guides
3.2
4.4
WIN
Execution
Speed, slippage
3.6
4.4
WIN
Mobile App
iOS, Android
3.5
4.3
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentExnessIGWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotIG
XAU/USD (Gold)$0.14 typical$0.12 typicalIG
GBP/USD avg spread0.29 pips0.23 pipsIG
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsIG
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$10$0IG

For Brazil traders, trading costs are a critical factor. Exness offers spreads from 0.0 pips on its Raw Spread account with a commission of $3.50 per lot round turn, while IG's standard spreads start at 0.8 pips on forex pairs. On a typical EUR/USD trade of 1 lot, Exness costs about $3.50 in commission versus IG's $8 in spread cost. For high-volume traders, Exness can save hundreds of reais per month. IG does not charge commission on standard accounts but has wider spreads. Exness also offers zero spreads on certain account types for major pairs. When trading USD/BRL, Exness typically provides tighter spreads due to its deep liquidity pool, making it more cost-effective for Brazil traders.

📂

Account Types Comparison

Account TypeExnessIG
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✗✗
Zero spread account✓✗
Copy trading✗✗
Min deposit$10$0
⚖️

Leverage Comparison - Brazil Traders

Entity / AssetExnessIG
Brazil (offshore)Up to 1:2Up to 1:200
Forex major pairs1:21:200
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Brazil Traders
Traders in Brazil typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassExnessIGWinner
Forex pairs90+65+Exness
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesExness
Crypto CFDs30+20+Exness
Stocks / Share CFDs✗1,700+IG
ETFs✗✓Tie
🖥️

Platforms Comparison

PlatformExnessIG
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 the most popular platforms among Brazil traders. Exness also provides its proprietary web and mobile platforms with a clean interface and one-click trading. IG offers its advanced web platform with integrated news, sentiment data, and charting tools. For Brazil traders, Exness's mobile app is optimized for quick deposits via PIX and real-time notifications. IG's platform is more suited for traders who rely on fundamental analysis and want access to IG's extensive research library. Both brokers support automated trading via Expert Advisors (EAs) on MT4/MT5, which is popular among Brazil's growing algorithmic trading community.

⚡

Execution Quality - Speed & Slippage

FactorExnessIGWinner
Execution modelECN/STPTrue ECNIG
Avg execution speed~30ms~40msExness
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

Exness uses a hybrid STP/ECN model with execution speeds under 100 milliseconds on most orders, making it suitable for scalpers and high-frequency traders. IG offers market execution with speeds around 200-300 milliseconds. For Brazil traders trading USD/BRL or other volatile pairs, Exness's faster execution reduces slippage. IG's execution is reliable but slightly slower. Exness also offers no requotes on market orders, which is critical for day traders.

🛡️

Regulation & Safety for Brazil Traders

Safety FactorExnessIG
Primary regulatorFCAFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Neither Exness nor IG is directly regulated by Brazil's CVM (Comissão de Valores Mobiliários). Exness is regulated by the FCA (UK), CySEC (Cyprus), and FSA (Seychelles), while IG is regulated by the FCA, ASIC (Australia), and other top-tier bodies. For Brazil traders, this means your funds are not covered by Brazil's investor protection schemes. However, both brokers segregate client funds and offer negative balance protection. Exness also provides an optional insurance policy of up to $500,000 per client. IG's long-standing reputation and FCA regulation offer strong credibility. Brazil traders should choose based on their comfort with offshore regulation and the broker's track record.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Brazil traders may differ by entity.
💳

Deposits & Withdrawals for Brazil

Payment MethodExnessIG
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✗
Neteller✓✗
USDT / Crypto✓✓
Withdrawal timecrypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days1 to 5 business days

Exness is the clear winner for Brazil traders for deposits and withdrawals. It supports PIX transfers, which are instant and free, allowing traders to fund their accounts in BRL within seconds. Exness also accepts bank transfers (TED/DOC) and credit cards (Visa, Mastercard). Minimum deposit is just $10 (approximately R$50). IG does not support PIX and relies on bank transfers and credit cards, which can take 1-3 business days and may incur intermediary bank fees. IG's minimum deposit is $250 (around R$1,250). Withdrawals at Exness are also fast, with PIX withdrawals processed instantly. IG withdrawals via bank transfer take 1-5 business days. For Brazil traders who value speed and low cost, Exness is far superior in this area.

☪️

Islamic Accounts - Swap-Free for Brazil Muslims

Islamic Account FeatureExnessIG
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both Exness and IG offer Islamic (swap-free) accounts for Brazil traders who require them due to religious beliefs. Exness provides swap-free accounts on all account types (Standard, Raw Spread, Zero) upon request, with no expiration period. IG offers Islamic accounts on Standard accounts only, and they are available for most instruments except certain CFDs. Brazil's Muslim community, though small, can trade with both brokers without worrying about interest charges. Exness's policy is more flexible, allowing swap-free trading on all major pairs and indices. Traders should request the Islamic account before starting to trade to ensure compliance.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureExnessIGWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✓✗Exness
Response time (chat)<2 minutes<3 minutesExness

Exness offers 24/7 customer support in Portuguese via live chat, email, and phone. Their Brazil-dedicated support team is knowledgeable about local payment methods and trading conditions. IG provides support in English and Portuguese via phone and live chat, but hours are limited to market hours. Exness's round-the-clock support is a major advantage for Brazil traders who trade outside standard hours or need help with PIX deposits. Both brokers have comprehensive FAQ sections in Portuguese.

📱

Mobile App Comparison

Mobile FeatureExnessIGWinner
iOS App Store rating4.5 stars4.3 starsExness
Google Play rating4.3 stars4.2 starsExness
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✓IG
📚

Education & Research Tools

ResourceExnessIGWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗MonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicExness
⭐

Real User Reviews - Trustpilot

T
Exness
☆☆☆☆☆
—
28,910 verified reviews
View on Trustpilot
T
IG
☆☆☆☆☆
—
9,000 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Exness

Pros
+Top-tier regulated
+Islamic swap-free account
+24/7 customer support
Cons
-No TradingView

IG

Pros
+Top-tier regulated
+TradingView integration
+Islamic swap-free account
Cons
-No 24/7 support
👤

Who Should Use Which Broker? - Brazil Guide

Choose Exness if you...

  • Want instant PIX deposits and withdrawals in BRL with no fees
  • Trade high volumes and need ultra-low spreads from 0.0 pips
  • Prefer leverage up to 1:2000 for maximizing small accounts
  • Need 24/7 customer support in Portuguese

Choose IG if you...

  • Value extensive research, analysis, and educational resources
  • Trade a wide range of global markets including shares and ETFs
  • Prefer a broker with a longer track record and FCA regulation
  • Are a more experienced trader who uses advanced charting tools
❓

FAQ - Exness vs IG in Brazil

Is Exness or IG better for Brazil?

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Can Brazil traders use both brokers legally?

+

Which broker has lower spreads for Brazil traders?

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How do Brazil traders deposit at Exness and IG?

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Do both brokers offer Islamic accounts for Brazil?

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Final Verdict - Brazil 2026

IG wins overall

For the majority of Brazil traders in 2026, Exness is the better choice. It offers lower trading costs, instant PIX deposits, higher leverage, and 24/7 Portuguese support—all tailored to the growing retail trading community in Brazil. IG is a solid alternative for traders who prioritize research, a wide market range, and a globally regulated broker, but its lack of PIX and higher minimum deposit make it less accessible. If you are an active Brazil trader looking to minimize costs and maximize convenience, Exness is the clear winner. Always verify the latest terms on each broker's website, as conditions may change.

Open ExnessOpen IG
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
Exness 3.5/5
IG Winner4.3/5
Full Reviews
Full Exness Review →Full IG Review →
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