Trading in financial markets requires the right choice of a broker, as security of traders’ funds, profit/loss and opportunities depend on it. Before you start working with a company, it is important to comprehensively assess it. Traders Union analysts have already done it for you. The experts prepared a review of the Best cTrader Brokers in Brazil for 2025. Five companies that enjoy huge popularity in Brazil were selected and compared between each other.
1
IC Markets - Best in Brazil for 2025
IC Markets offers high execution speeds due to servers located in New York and London. Trading conditions differ subject to the regulator that supervises the activities of a certain division. For example, clients of IC Markets regulated by CySEC can trade 13 cryptocurrencies 24/5, while clients of ASIC- and FSA-regulated divisions can trade 24/7.
IC Markets clients from all jurisdictions can trade on STP and ECN account types with floating spreads, leverage, and various deposit/withdrawal methods. The company doesn’t have proprietary trading platforms. It offers classic MT4, MT5 and TradingView, as well as a more complicated cTrader. These platforms are available in desktop, web, and mobile versions to ensure the most comfortable trading conditions.
2
Pepperstone - Best in Brazil for 2025
Pepperstone is distinguished by favorable trading conditions. The minimum trade volume is 0.01 lots, and spreads start at 0.0 pips. Also, Pepperstone offers over 1,200 different trading instruments where trade orders are executed quite quickly - within 30 ms on average. The ability to auto copy trades is also provided.
3
HFM - Best in Brazil for 2025
HFM trading conditions can be attributed to a high level of competitiveness. A low minimum deposit and a leverage of up to 1:2000 provide opportunities for clients to use several highly profitable strategic models and test the functionality of the account and terminal. The spread floats according to the trading conditions and the minimum spread is equal to 1 pip. However, for a Zero account, its minimum value is zero.
4
Axiory - Best in Brazil for 2025
Axiory broker offers clients over 150 trading instruments, classic terminals MetaTrader and cTrader, the ability to choose several types of accounts. Depending on the type of account chosen, clients can take advantage of the leverage of up to 1:777. Potential clients can test the trading conditions on demo accounts. Muslim traders can work on Islamic accounts (without do not charge for swaps) after a request to the support service.
5
Traders Way - Best in Brazil for 2025
Trader’s Way works with traders with any level of trading experience, offering a wide variety of live accounts. The entry threshold on all account types is low, with the minimum deposit set at $10. The spread on professional accounts starts from 0.0 pips; Standard accounts start from 0.7 pips. For EUR/USD, the average spread is 0.5 pips (on MT4.ECN, MT5.ECN, CT.ECN) and 1.4 pips (on МТ4.VAR). There is a commission per lot on ECN accounts.
TOP 5 Comparison
In order to choose the Best cTrader Brokers in Brazil in 2025, TU analysts chose 5 best brokers in this country. In the table below, you can see a basic comparison of these companies. Experts selected only the most reliable brokers that are popular among traders in Brazil.
IC Markets | Pepperstone | HFM | Axiory | Traders Way | |
---|---|---|---|---|---|
Trading platform |
MT4, cTrader, MT5, TradingView |
MT4, Mobile Trading, WebTrader, cTrader, MT5, TradingView |
MT4, Mobile Trading, MultiTerminal, MT5, HFM Platform |
MT5, MT4, cTrader, WebTrader, Mobile platforms |
cTrader, MetaTrader4, Web App, MetaTrader5 |
Min deposit |
$200 |
$1 |
No |
$50 |
No |
Leverage |
From 1:1 |
From 1:1 |
From 1:400 |
From 1:1 |
From 1:1 |
Trust management |
No |
No |
No |
No |
No |
Accrual of % on the balance |
No |
No |
No |
No |
No |
Spread |
From 0 points |
From 0 points |
From 0 points |
From 0.2 points |
From 0 points |
Level of margin call / stop out |
100% / 50% |
90% / 20% |
50% / 20% |
50% / 20% |
80% / 20% |
Execution of orders |
Market Execution |
Instant Execution |
Market Execution |
Market Execution |
NDD, STP |
No deposit bonus |
No |
No |
No |
No |
No |
Cent accounts |
No |
No |
Yes |
No |
No |
TU Expert Review for the best cTrader Brokers in Brazil
Financial expert and analyst at Traders Union
Anton joined Traders Union as a financial expert and analyst in 2013. He performs comprehensive internal testing of brokers as a trader. Essentially, Anton “test drives” brokers: he checks the operation of the website and user account, the speed and effectiveness of customer support team, stability of the software, deposit and withdrawal processing times, legal documents of companies and also all additional services (VPS, affiliate programs, contests, bonuses, educational programs, etc.). Based on the results of his “inspections”, he prepares expert conclusions about the operation of brokerage companies in the Forex, stock and binary option markets and also of the cryptocurrency exchanges.
His opinion as for the best cTrader Brokers in Brazil is posted below.
IC Markets - TU Expert Review
IC Markets has many years of experience in financial markets. It was incorporated in 2007 and provides its services in strict accordance with regulatory requirements so as not to lose its licenses and client trust. The broker constantly improves its services, ensuring software technical stability, a high level of data protection, and favorable trading conditions. IC Markets has been in Traders Union's top 20 Forex brokers for many years and is a constant partner. TU can recommend IC Markets to traders with different backgrounds, who use both short- and mid-term strategies, as well as expert advisors and custom indicators. The important advantage of IC Markets over other brokers is diversity. The company offers plenty of trading instruments: 60+ currency pairs, CFDs on futures, indices, commodities, metals, 2,100+ stocks (Nvidia stock, Apple stock, Google stock, Tesla stock etc.), bonds, cryptocurrencies. A wide range of account types, and a good choice of platforms for active and social trading. Other IC Markets advantages are three regulatory licenses, membership in the Financial Commission, and participation in several compensation schemes.
Pepperstone - TU Expert Review
Pepperstone is a notable trading company that caters to both beginners and seasoned traders, providing a robust platform for a seamless trading experience. For beginners, the user-friendly interface and comprehensive educational resources make it an ideal choice to embark on the trading journey. The availability of a demo account enables novices to practice strategies without real financial risk, fostering skill development. One of the standout features of Pepperstone is its commitment to regulation, holding licenses from reputable authorities like the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA). This regulatory adherence instills a sense of trust and security among potential traders, emphasizing the company's dedication to maintaining high industry standards. Pepperstone's diverse range of tradable instruments, including Forex, commodities, and cryptocurrencies, provides ample opportunities for traders at various levels. The competitive spreads and efficient order execution contribute to the appeal of the platform for both beginners and professionals. Moreover, the broker's commitment to customer support is evident through various channels, ensuring that traders have assistance when needed. However, potential traders should be mindful of associated fees, and it's advisable to review the terms and conditions thoroughly. In summary, Pepperstone emerges as a reliable and feature-rich trading platform suitable for both beginners and experienced traders, offering a blend of user-friendly interfaces and professional-grade tools.
HFM - TU Expert Review
HotForex is now known as HF Markets, and refers to itself on its website as HFM (the website address is HFM.com). The name change may simply be due to the fact that HFM offers multi-market access, that it isn’t just limited to trading the forex market. Still, it can be a little confusing, as the company is still listed as HotForex on some websites. A primary draw at HotForex is the multi-market exposure it offers. About three dozen cryptocurrencies are available to trade. That’s in contrast to many forex brokers that only offer trading in a handful of cryptos. In addition to about 75 of the most widely traded stocks, HotForex clients also have exposure to approximately 30 ETFs and about a dozen market indexes. Bond trading is severely limited – only the Euro Bund, the UK Gilt, and the US 10-year Treasury Note. Here are three things I like about HotForex: 1. Choice of Spread or Commission Fees - A choice of spread-fees-only or commission-fees-only accounts; Commission fees are on the low end of industry averages, at $6 per standard forex lot round turn trade. 2. Tier 1 Regulated - Security for traders is enhanced by the fact that HotForex is regulated by multiple Tier 1 financial regulators, including the UK’s Financial Conduct Authority (FCA). 3. Strong Trader Education - HotForex provides beginning traders with extensive trader education resources, including video tutorials, webinars, and a full forex trading course; It also gives clients daily fundamental and technical market analysis reports.
Axiory - TU Expert Review
The Axiory STP broker has been providing services for over seven years and is working hard to improve the trading environment for its clients. The broker's servers are connected to data centers through which large-scale liquidity flows pass, namely Equinix in Tokyo (TY3) and London (LD5). Therefore, the quality of order execution is above average, which is confirmed by the updated statistics of order execution. Axiory's spreads are floating only. The order execution speed is from 135 milliseconds, a good indicator. Axiory brokerage company offers five types of accounts: Standard, Nano, Max, Tera, and Alpha. The minimum deposit is $10 and trading conditions differ depending on the type of account. For example, the average spread on EUR/USD is only 0.2 pips on the Nano account (but there is a fee of $6 per lot); but on the Max account, trading leverage of up to 1:777 is available, which is one of the largest on the market. On average, the trading conditions are competitive. Details of the current spreads, fees, and other costs for each underlying instrument are available on the Axiory website. For detailed terms and conditions of trading accounts, please contact technical support specialists. Online chat operators respond informatively and very quickly. The site has eight language versions, and support responds in English and Arabic.
Traders Way - TU Expert Review
From the very beginning, Trader’s Way (TradersWay.com) has aspired to provide better products, technologies, and services to its customers. The broker offers a wide range of trading instruments, minimum deposits that are affordable to any trader, and high leverage. The broker’s customers have access to currency pairs, metals, and energies using the most popular platforms — MetaTrader 4, MetaTrader 5, and cTrader. Trader’s Way offers beneficial conditions primarily to professional traders. The ECN account provides access to working directly on the interbank exchange with popular assets and tight market spreads. Beginners on Forex can copy trades of experienced traders using the available social trading platforms. At the same time, due to several drawbacks (the absence of cent accounts and education materials), the broker cannot be considered the best option for novice traders. The company’s website has been localized in 11 languages, but we recommend using the English version, not the Russian one. The information about trading conditions in Russian is outdated: some data about the accounts and services do not correspond to reality. However, the operators of the online chat quickly clear up any inconsistencies (the response time is 3-5 minutes).
Summary
Many brokers operate in Brazil, but not all of them are reliable or offer attractive trading conditions. TU experts selected 5 companies and rated them based on collected data. By reviewing them, you will learn about the Best cTrader Brokers in Brazil 2025 and will be able to evaluate the pros and cons of its closest competitors.
Overall score of the best cTrader Brokers in Brazil
IC Markets | Pepperstone | HFM | Axiory | Traders Way | |
---|---|---|---|---|---|
Overall score |
8.35 |
8.2 |
8.12 |
5.66 |
5 |
Execution of orders |
9.45 |
9.15 |
9 |
2.85 |
5.5 |
Investment instruments |
9.9 |
10 |
10 |
5.1 |
2.5 |
Withdrawal speed |
8 |
7 |
8 |
7 |
8 |
Customer Support work |
7.19 |
6.98 |
5.42 |
5.92 |
4.33 |
Variety of instruments |
8.02 |
8.75 |
7.37 |
7.1 |
5.02 |
Trading platform |
7.51 |
7.29 |
8.95 |
5.98 |
4.67 |
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FAQ
What factors are important when you are choosing a broker?
When you are choosing a broker, it is important to make sure it is a reliable company, consider its fees, the list of trading instruments, deposit and withdrawal methods and other factors. It is important to study a broker in detail, before opening an account with it.
What learning instruments can a broker offer?
Brokers offer various educational options. These include full-fledged educational courses, or video tutorials, articles, and books. Companies also often hold seminars and webinars.
How much money do I need in order to start working in the financial markets?
The initial capital depends on the assets you plan to trade. However, in the majority of cases, $300-500 is a good amount for a start.
What commissions and fees should I take into consideration when I am choosing a broker?
The commissions and fees in the financial markets are divided into trading and non-tradings ones. Trading fees are the fees that are charged directly during trading (spread, commission per lot, etc.), while non-trading fees are the ones charged outside the trading process (for example, account fee, inactivity fee, deposit and withdrawal fee).
Best cTrader Brokers by Countries
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.