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Best Online Trading App in Brazil for 2026

Updated: February 27, 2025
1
8.28
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2
7.59
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3
8.2
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Best Online Trading App in Brazil

Table of Contents

  • Intro
  • #1 RoboForex
  • #2 SpeedTrader
  • #3 Robinhood
  • #4 SogoTrade
  • Investment Education
  • Summary
  • FAQs

Many traders in Brazil use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Online Trading App in Brazil for 2026, based on our assessments.

1
8.28
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VISIT BROKER
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An international Forex and CFD broker licensed by IFSC (Belize) and offering negative balance protection. Provides access to more than 40 currency pairs and 12,000 instruments, including stocks, indices, commodities, and ETFs. Supports trading through MetaTrader 4, MetaTrader 5, R StocksTrader, and mobile apps. Features include algorithmic trading, Copy Trading service, trading robots, and VPS. Cent accounts start from a $10 deposit. Leverage is up to 1:2000. A demo account is provided.

2
7.59
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VISIT BROKER
Your capital is at risk.

SpeedTrader strives to cooperate with traders with significant capital reserves who have hands-on experience in trading on the stock markets.

3
8.2
Study Review

Robinhood is well-suited for beginner investors seeking a simple and affordable way to engage with financial markets. However, potential users should be aware of the platform's limitations and consider them carefully in light of their individual investment goals and region of residence

4
7.55
Study Review

The SogoTrade broker aims to cooperate with experienced traders and investors who are willing to pay higher trading commissions than competitors.

1
Best Online Apps in Brazil - RoboForex

RoboForex is a well-established brokerage company offering a broad spectrum of trading opportunities for active traders and investors alike. With an impressive selection of over 12,000 financial instruments - including currency pairs, CFDs on stocks, indices, metals, energies.

The broker boasts competitive trading conditions: tight spreads starting from 0 pips, high leverage up to 1:2000, and fast execution speeds. The broker also offers the Copy Trading service, which allows traders to copy the strategies of successful investors and earn passive income. Additional perks include instant fund withdrawals and some of the industry’s highest affiliate payments (up to 84%).

RoboForex partners earn from: spreads on closed positions: up to 85%, equal to $10 partner payout per lot on instruments such as EURUSD and XAUUSD; swaps on open positions: 30% of the swap value—a unique feature rarely offered in partner programs, enabling earnings from clients who maintain longer-term trades. RoboForex prioritizes reliability and client satisfaction, establishing itself as a trusted partner for traders worldwide.

👍 Advantages of trading with RoboForex for traders in Brazil :

•Availability of favorable trading conditions and a minimum deposit.

•Unique Copy Trading service.

•Highest affiliate payments: up to 84% of the fee paid by the referral.

•"Withdrawal without Commission" program.

•Market launch - STP and ECN.

•Instant withdrawal of funds.

•Minimum deposit - $10.

👎 Disadvantages of RoboForex for traders in Brazil:

•Third-level regulation.

•A small number of currency pairs - 28, for accounts: Pro, Pro-Cent, ECN.

•The broker is not available in the European Union.

STUDY REVIEW
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2
Best Online Apps in Brazil - SpeedTrader

SpeedTrader is an online US based broker dealer that started operations in 1999. The broker is regulated by the Financial Industry Regulatory Authority (FINRA, CRD#: 107403/SEC#: 8-53035) and is a member of the Securities Investor Protection Corporation (SIPC). SpeedTrader provides online trading platforms that offer trading in US stocks, ETF’s, OTC stocks, and options for active traders. Key offerings include Direct Market Access (DMA) routing, short locate services for shorting stocks, and the ability to trade and receive shares of most OTC stocks. The company is headquartered in New York, USA.

👍 Advantages of trading with SpeedTrader for traders in Brazil :

•25+ order routing choices including DMA.

•Vast short locate availability.

•OTC stock trading including Expert Market & Caveat Emptor.

•SIPC insurance coverage and FINRA membership.

•Availability of an affiliate program.

•Multiple trading platforms.

•Online chat for urgent issues.

•Support in English, Spanish and Chinese.

•Available to US and most International based traders

👎 Disadvantages of SpeedTrader for traders in Brazil:

•The high minimum deposit for day trading (from $30,000) and ($2500) for non-day trading.

•Inability to trade cryptocurrency and Forex instruments.

•Time-limited free demo account of two weeks.

STUDY REVIEW
VISIT BROKER
Your capital is at risk.

3
Best Online Apps in Brazil - Robinhood

Robinhood is an investment platform founded in April 2013. The platform offers commission-free trading of stocks, exchange-traded funds (ETFs), options, and cryptocurrencies. Robinhood is regulated by the Financial Industry Regulatory Authority (FINRA) in the U.S. and the Financial Conduct Authority (FCA) in the U.K. It is also a member of the Securities Investor Protection Corporation (SIPC) and the Federal Deposit Insurance Corporation (FDIC). With an intuitive interface, the platform simplifies access to financial markets, allowing clients to start investing with as little as $1. Robinhood has continuously expanded its offerings since its launch, recently adding features such as credit cards and a dedicated educational section for beginner investors.

👍 Advantages of trading with Robinhood for traders in Brazil :

•No commission trading.

•Access to trading stocks, ETFs, options, futures, and cryptocurrencies.

•User-friendly platform.

•Fractional share trading.

•Educational resources for beginner investors.

•Availability of a mobile app.

•Provision of analytical data.

👎 Disadvantages of Robinhood for traders in Brazil:

•Limited selection of cryptocurrencies.

•No access to international markets.

•Limited advanced technical analysis tools.

STUDY REVIEW

4
Best Online Apps in Brazil - SogoTrade

SogoTrade is a US registered broker that has been operating since 1986. It offers a wide range of stock market assets, proprietary trading platforms with built-in analytics, and forecasting tools. The broker is a member of FINRA (CRD#: 17912/SEC#: 8-35930) and SIPC, and has offices in New York and Chesterfield (Missouri). The company's regional service center also serves customers from China, Taiwan, and Hong Kong. In 2020, the financial portal GOBankingRates named SogoTrade as the best online broker for day trading and for novice traders.

👍 Advantages of trading with SogoTrade for traders in Brazil :

•FINRA and SIPC membership.

•A variety of investment products for generating passive income, including diversified portfolios of securities with different levels of risk and reward.

•The minimum deposit for the Cash Account starts at $0.

•A wide range of analytical tools such as stocks and options, screeners, P&L calculators, daily newsletters, third-party analyst ratings, reviews, and more.

•The existence of a proprietary platform for online options trading.

👎 Disadvantages of SogoTrade for traders in Brazil:

•The broker withholds $2.88 for market trades in stocks, as well as a commission for each contract when trading options.

•There are no cash bonuses for opening an account or making a deposit.

•The minimum investment for working with investment portfolios is $25,000.

STUDY REVIEW

Best Online Trading App in Brazil 2026: Education for Investors

When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.

RoboForex - Education for Investors

Investment Education Online

A large training section has been created on the RoboForex website. Each trader will receive the necessary information for successful trading — from the basics of the Forex market to analytics, reviews of trading strategies, advisors, and indicators.

Information available in the Analysis and Education section
Information not available at the RoboForex website
Free video course on the basics of Forex, technical and fundamental analysis, trading psychology, etc.
Detailed theory on each issue. The broker focuses on practice
How to open a trading account
 
How to begin Forex trading
 
How to trade NASDAQ and NYSE stocks
 

The company's specialists recommend opening a demo (practice) account and educating yourself by obtaining and later applying theoretical knowledge in practice by actually trading on the demo account, thereby combining theory and practice. Thus, you will gain valuable experience and the necessary skills to work on a real account.

SpeedTrader - Education for Investors

Investment Education Online

Information

No training is offered on www.speedtrader.com. But the Resources section contains articles on fundamental analysis and how to use technical indicators in trading. It also features video tutorials and webinar recordings from successful traders and leading SpeedTrader analysts.

Information provided in the Resources section
Information not available on the SpeedTrader website
Trading tips
Financial market terminology
Description of trading strategies
 
Trading psychology
 
Fundamental and technical analysis
 

Working on a demo account makes it possible to test the trading terminal and create a profitable strategy without the risk of losing capital.

Robinhood - Education for Investors

Investment Education Online

Robinhood offers extensive educational resources for investors seeking to deepen their understanding of finance and investing. The materials are presented in an accessible format, making them valuable for both beginners and experienced investors.

What is on Robinhood’s website in the Learn section
What is not on Robinhood’s website
Basics of investing in stocks and other stock market assets
In-depth analysis of investment strategies
Strategies of options trading and risk management
Practical exercises and simulations
The article library on technical and fundamental analysis, dividend yield, robo-advisers, etc.
Personalized advice and tips for beginners
Information on tax obligations

Robinhood prioritizes financial education, offering tools to empower clients to make informed investment decisions and manage their finances effectively.

SogoTrade - Education for Investors

Investment Education Online

Information

Training materials on investing in the stock market are available in the Education Center section. All information provided is intended for novice traders who do not even have basic knowledge of the securities market.

Information available in the Education section
Information not available at the SogoTrade site
Stock market fundamentals
Video tutorials and webinars from industry experts
Trading mechanics
A detailed description of proprietary trading platforms
Factors influencing the choice of securities - strategy, research, and analysis
 
Training for options trading
 
What is margin trading and purchasing power, the advantages of a Margin Account over a Cash Account
 
Glossary of investment terms
 

The information is written in simple language and divided into blocks for quick and convenient search.

Summary

In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Brazil choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Online Trading App in Brazil 2026.

RoboForex SpeedTrader Robinhood SogoTrade

Overall score

8.28

7.59

8.2

7.55

Execution of orders

8.95

6.84

7.9

7.34

Investment instruments

4.7

9.2

8.5

7.8

Withdrawal speed

8

8.2

8.3

7.4

Customer Support work

9.6

7.2

8.1

7.7

Variety of instruments

9.2

6.68

7.8

7.18

Trading platform

9.2

7.4

8.6

7.9

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FAQ

Is it possible to register with a broker using the mobile app?

Yes. Brokers provide an opportunity to open an account and pass verification directly in the mobile app.

If a broker has several platforms, does it mean it offers several apps?

No. If a broker has several trading platforms, there is either an option to switch between them in the app, or only one trading platform is available (usually the proprietary one).

Do I need to pay for downloading the app?

Brokers do not charge a fee for downloading their mobile app. They are provided for free.

Are there updates for the apps of brokers?

Yes. Mobile apps of brokers are regularly updated and it is very important to update them in the view of proper operation of services.

Team that worked on the article

Mikhail Vnuchkov
Mikhail Vnuchkov
Author at Traders Union

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.

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Olga Shendetskaya
Olga Shendetskaya
Author and editor at Traders Union

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.

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