Which broker is better for Brazil traders in 2026? Expert analysis across 12 categories.
Brazil traders looking to choose between Global Prime and EasyMarkets face a classic battle: low-cost trading versus user-friendly simplicity. Global Prime, with a score of 3.6/5, is a Sydney-based broker known for ultra-tight spreads and institutional-grade execution, appealing to active Brazilian traders who trade high volumes. EasyMarkets, scoring 3.4/5, is a Cyprus-based broker that prioritizes accessibility with fixed spreads, no slippage, and a web-based platform ideal for beginners. Both brokers accept Brazilian clients and support local payment methods like PIX, Bank Transfer, and Credit Card, making deposits easy. However, they operate under different regulatory frameworks: Global Prime is regulated by ASIC (Australia) and FSA (Seychelles), while EasyMarkets is regulated by CySEC (Cyprus) and ASIC. Neither is directly regulated by Brazil's CVM, but they comply with international standards. This comparison helps you decide based on trading costs, platform features, and local payment convenience.
| Instrument | Global Prime | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $25 | Global Prime |
For Brazil traders, trading costs are a key differentiator. Global Prime offers raw spreads from 0.0 pips on major forex pairs like EUR/USD, with a commission of $3.50 per lot per side (round turn). This makes it highly cost-effective for scalpers and high-volume traders. EasyMarkets, in contrast, uses fixed spreads starting from 1.0 pips on EUR/USD with no commission, which is simpler but more expensive for frequent traders. For example, a Brazil trader executing 10 lots per day on EUR/USD would pay about $70 in commissions with Global Prime versus $100 in spread costs with EasyMarkets (assuming 1 pip spread). Over a month, Global Prime saves roughly $600. However, EasyMarkets' fixed spreads protect against volatility, which can be beneficial during Brazil's economic announcements.
| Account Type | Global Prime | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✗ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $25 |
| Entity / Asset | Global Prime | EasyMarkets |
|---|---|---|
| Brazil (offshore) | Up to 1:500 | Up to 1:2000 |
| Forex major pairs | 1:500 | 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 | Global Prime | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Global Prime |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | ✗ | 20+ indices | Global Prime |
| Crypto CFDs | ✗ | 20+ | Global Prime |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | Global Prime | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Global Prime provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry standards for Brazilian traders who use advanced charting, automated trading via Expert Advisors (EAs), and custom indicators. EasyMarkets offers its proprietary web-based platform and a mobile app, which are intuitive but lack the depth of MT4/5. For Brazil traders who rely on EAs or algorithmic trading, Global Prime is the clear choice. EasyMarkets' platform is better for beginners who want a straightforward interface with risk management tools like dealCancellation (allows reversing losing trades for a fee). Both platforms are available in Portuguese, but Global Prime's MT4/5 offer more local resources and community support.
| Factor | Global Prime | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | Global Prime |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
Global Prime uses institutional-grade liquidity providers and offers ECN execution with low latency, ideal for Brazil scalpers and high-frequency traders. EasyMarkets uses a market maker model with fixed spreads and no slippage guarantee, ensuring predictable execution but potentially slower fills during high volatility. Global Prime's execution is superior for active traders, while EasyMarkets suits those who prioritize trade certainty over speed.
| Safety Factor | Global Prime | EasyMarkets |
|---|---|---|
| Primary regulator | ASIC | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✗ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation matters for Brazil traders because the CVM does not directly oversee offshore brokers. Global Prime is regulated by ASIC (Australian Securities and Investments Commission) and FSA (Seychelles), providing strong client fund protection via segregation and negative balance protection. EasyMarkets is regulated by CySEC (Cyprus) and ASIC, with additional oversight from the FSA. CySEC regulation means EasyMarkets participates in the Investor Compensation Fund (ICF), covering up to €20,000 per client in case of insolvency. For Brazil traders, this offers a safety net, though neither broker is CVM-regulated. Always check the latest legal status and consider the jurisdiction's investor protections.
| Payment Method | Global Prime | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Global Prime processes withdrawals instantly on their end, but the time to receive your funds depends on your payment method: bank wire transfers take 1 to 5 business days, credit or debit cards take 1 to 10 days, and e-wallets are instant once completed. | 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) |
Brazil traders can deposit and withdraw using PIX, Bank Transfer, and Credit Card at both brokers. Global Prime requires a minimum deposit of $200 (approx. 1,000 BRL) and processes withdrawals within 1-2 business days via bank transfer or credit card. EasyMarkets has a lower minimum deposit of $100 (approx. 500 BRL) and explicitly offers PIX as a local payment method, making it more accessible for smaller accounts. Deposits via PIX are instant at EasyMarkets, while Global Prime processes bank transfers within 1 day. Credit card deposits are accepted by both, but EasyMarkets charges a 1.5% fee for credit card deposits. Withdrawals are free at both brokers, but Global Prime may charge a bank transfer fee for amounts under $500. For Brazil traders who prioritize fast, low-cost deposits, EasyMarkets edges ahead with PIX support.
| Islamic Account Feature | Global Prime | EasyMarkets |
|---|---|---|
| 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 Global Prime and EasyMarkets offer Islamic (swap-free) accounts for Brazil Muslim traders who require Sharia-compliant trading. Global Prime provides swap-free accounts upon request for clients who declare their Muslim faith, with no additional fees or restrictions on holding positions overnight. EasyMarkets automatically offers Islamic accounts to eligible clients, with no swap charges on any instrument. Both brokers require a minimum deposit to qualify, and the accounts are available for all account types. For Brazil traders, this ensures equal access to forex trading without interest-based charges, aligning with Islamic finance principles.
| Support Feature | Global Prime | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Global Prime |
Global Prime offers 24/5 customer support via live chat and email, with response times under 1 hour. Support is available in English and Portuguese, but Portuguese-speaking agents may be limited. EasyMarkets provides 24/5 support via live chat, email, and phone, with Portuguese language support readily available. EasyMarkets also has a comprehensive FAQ section in Portuguese. For Brazil traders who prefer local language support, EasyMarkets is more accessible.
| Mobile Feature | Global Prime | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Global Prime |
| Google Play rating | 4.3 stars | 4.2 stars | Global Prime |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Global Prime | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | ✗ | 50+ videos | EasyMarkets |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✗ | ✓ | Tie |
| Market analysis | Daily | Basic | Global Prime |
Choose Global Prime if you...
Choose EasyMarkets if you...
For Brazil traders, the choice between Global Prime and EasyMarkets depends on your trading style and priorities. Global Prime scores higher (3.6 vs 3.4) and offers lower spreads, professional platforms (MT4/MT5), and institutional execution, making it ideal for active traders who can meet the $200 minimum deposit. EasyMarkets is better for beginners or those who value simplicity, fixed costs, and local payment methods like PIX. Both support PIX, Bank Transfer, and Credit Card, but EasyMarkets has a lower barrier to entry. Neither is CVM-regulated, but both adhere to international standards. If you trade frequently, choose Global Prime; if you want a hassle-free start, choose EasyMarkets. Always test with a demo account first.