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Best Forex Proprietary Trading Companies in Brazil

Top Forex Proprietary Trading Companies:

  • FundedNext - Beginners-friendly offers (free trial, trade copier software is allowed)
  • GoatFundedTrader - A prop trading firm offering simulated capital of up to $400,000 for Forex and CFD trading
  • SabioTrade - Best for those who want to work as non-staff traders with up to 90% of profit
  • The Trading Pit - Free extras for futures trading (various platforms licences, L1 and L2 data)
  • Funded Trading Plus - Instant funding accounts without profit target (max drawdown 6%)

Proprietary trading companies, or prop firms as they are usually called, hire or train professional and experienced traders and then invest money in trading assets through these professionals. Depending on the company’s offers, you can get funded from $500 to millions of dollars and apply your expertise and professional trading tools to trade profitably and earn commissions or profit splits.

In this article, TradersUnion experts researched and ranked the top 5 prop trading companies or firms in Brazil that you can join and trade for profits or commissions in 2025. Most of them will hire you to trade their capital. They allow trading on Forex, cryptocurrencies, and commodities like metals, indices, bonds, stocks, and even futures.

Top 5 prop trading accounts for Brazilians

We reviewed the top 5 proprietary trading firms for traders in Brazil, focusing on the following critical parameters:

  • Managed Amount Up to: Maximum funding available for traders.

  • Profit Split Up to, %: The percentage of profits retained by the trader.

  • Trading Period: The allocated time to meet performance targets.

  • Maximum Leverage: The highest leverage offered for trading.

  • Trading Plan, min: The starting cost for challenge plans.

  • Open an Account: Simplicity and ease of registration.

This evaluation highlights the best options tailored to traders in Brazil.

Funding Up To, $ Profit split up to, % Trading period Max. Leverage Min. Price, $ Open an account

FundedNext

4 000 000 95 Unlimited 1:100 32 Go to broker
Your capital is at risk.

GoatFundedTrader

2 000 000 95 Unlimited 1:100 17 Go to broker
Your capital is at risk.

SabioTrade

200 000 90 Unlimited 1:30 119 Go to broker
Your capital is at risk.

The Trading Pit

5 000 000 80 Unlimited 1:30 99 Go to broker
Your capital is at risk.

Funded Trading Plus

400 000 90 Unlimited 1:30 119 Go to broker
Your capital is at risk.

Is Forex prop trading a good idea in Brazil?

Yes, forex prop trading is a good idea in Brazil. Trading with a forex prop firm can be a rewarding experience for Brazilian traders. TU experts have listed the pros and cons of forex prop trading below:

  • Pros
  • Cons
  • Increased Profits:
    Prop trading allows institutions to earn a higher amount of profit than when acting as a broker and earning only commissions
  • Proprietary trading firms offer good support:
    Because of the nature of business, prop trading firms are usually closely-knit operations involving only a few people. This means that client support is quick and any issues can be solved with a simple phone call. Contrary to trading through a retail broker that has thousands, if not millions, of customers where sometimes contacting customer service can prove frustrating due to long waiting times
  • Proprietary Trading Firms Let You Diversify and Reduce Risk:
    Even if you have a big bank account, prop trading can still be a viable option. You can have a small deposit, then use margin (capital you can afford to lose), and invest the rest of your capital in stocks or mutual funds for capital appreciation
  • Prop Trading Firms Offer Multiple Trading Platforms:
    One huge advantage with prop trading firms is they let you choose among several platforms. This is a huge advantage because as a retail trader, you are usually bound to whatever the retail firm offers you
  • Proprietary Firms Are Less Regulated Than Retail Brokers:
    Most prop trading firms that provide remote trading are not regulated at all. This is a double-edged sword because it is both a good and a bad thing. Not being regulated means that there are fewer operating costs. The downside is that without regulation, you are at risk of losing your capital at any time, especially if the principals are swindlers
    Therefore, you should conduct some research and deep background checks on the company and the managers. If you find any integrity or honesty issues, then ask yourself if it is a risk you are willing to take. Moreover, being unregulated means that a single rogue trader can put the whole firm in jeopardy
  • Risk of Losing Money:
    As a prop trader, your deposit is not insured and is liable to fraud and other business risks. This is mostly because of the lack of or minimal regulation. Because of this, it’s advisable for you to only deposit an amount that you can afford to lose. Retail clients, on the other hand, have their money insured because of strict regulations of retail firms
    The good thing is that the deposit can be very small, and a decent trader can make a 100% return on the equity per month
  • Proprietary trading fees are high:
    Most prop trading firms charge fees for the software you’re using, especially if you trade remotely. The monthly fees normally start at about 200 USD for software alone. Compared to the fees that retail clients pay then you might find the prop trading fees outrageous
  • Prop trading is mostly day trading:
    Even though proprietary trading offers high leverage, this usually applies only to day trading. If you decide to hold an overnight position, then you will most likely not get much leverage. What’s more, most prop firms only offer day trading
  • Difficult to pass the prop firm evaluation requirements:
    Most prop trading firms have very tight rules, making it very difficult for traders to qualify for funding. Forex traders should be wary of evaluation requirements imposed by prop firms. Even if you can theoretically meet them, usually they are too high for an average trader. And even an experienced and successful trader can have an unlucky period. Of course, nobody prevents you from trying again. It is just that you need to pay the evaluation fee again. And here lies the problem

Rules and Regulation

  • Regulation

    Traders from Brazil can open accounts with any prop firm of the U.S., Europe, and other countries. Since initial deposits are not required, prop firms don’t need licenses. Brokers that partner with prop firms and bring traders to the real market are obliged to obtain licenses from the Brazilian regulator or foreign regulators that allow brokers to work in Brazil.

  • Investor protection

    If traders’ rights are violated, they can apply to the following authorities:

    • Registration authorities of the country where the head office of a prop firm is registered;
    • Regulators of the region where a prop firm works. For example, if the firm is registered in the U.S., traders can file complaints to the CFTC (the Commodity Futures Trading Commission);
    • CVM (the Securities and Exchange Commission | Brazil).

    Prior to opening an account with a prop firm or its partnering broker, check whether they are on the regulators’ blacklist.

  • Taxation

    Progressive tax rates, that differ subject to traders’ status and their income, are applied in Brazil. The capital gains tax for residents is up to 15% and it is up to 30% for non-residents.

How to withdraw money from a prop trading account?

Prop trading firms give funded traders a wide array of options when withdrawing trading profits including:

How to choose a prop trading account in Brazil?

Going with a prop firm that is right for your trading style and financial goals is crucial. Although choosing the best one seems like a non-trivial process, you can easily accomplish this by following the TU expert's guide to choosing a prop firm.

Understand your needs

Why are you joining a prop firm? Do you need more funds? Do you want to learn to trade under strict risk controls? Is the evaluation period suitable for you or is it too long? Will you have a place to grow or will you be limited to the same 100k account? All these questions need to be answered if you wish to find your perfect prop firm.

Reputation

There is no regulation in the retail prop trading industry. That is why a company's reputation is paramount. Was it around for a few years? Was it founded by someone you know from the trading community? Do you like how their representatives interact with the community? Many traders rely on TrustPilot ratings nowadays, but those can be (and in some cases are) manipulated.

What do you trade?

Does the prop firm have currency pairs you need? Do they have CFDs you want to trade? If you specialise in some exotic currency pair or other trading instrument, it is best to make sure that you can trade it on a chosen website.

Profit split

Are you OK with 50/50 or do you think that 80/20 is fairer? The issue of a profit split is deeply interconnected with the fee structure, so sometimes you need to balance out what you pay in fees with what you pay in profit splits.

Fees

You don't want to overpay, especially if you aren't getting back any substantial improvements. When considering prop firms that work based on monthly fees, consider whether your profit will exceed the monthly fees. Watch for fee reimbursement options when dealing with a profit-split company.

Trading platform

Most retail prop firms offer MT4, but there are other platforms available, especially when trading futures. If you need some special platform, it is best to make sure that the prop firm can offer it. If they offer some exotic platform only, make sure it has the features you need. For example, if you often have to trade or perform analysis from a mobile phone, it should offer some sort of mobile app.

Training and coaches

Even if you are a profitable trader, chances are you can benefit from some kind of training and learning new material. This is where courses come handy. And those proprietary trading companies that are interested in making their traders more profitable offer rather good courses. Moreover, some of them offer coaching too and not only for trading, but also for psychological support, which is often an overlooked factor in a trader's path to success.

Support is important too!

You will run into technical and financial issues when working with a prop firm. If the website can offer timely and professional support, it can be of huge help to avoid extra stress and keep yourself focused on actual trading rather than on accompanying problems.

Watch out for discounts on challenge fees!

Some prop firms run promotions and offer discounts for subscribing to their newsletters and similar stuff. You can benefit from such setups, especially if you are new to prop trading, and spending your hard-earned money on something you don't yet believe will suit you is a difficult choice.

Is prop trading in Brazil free?

Some prop firms offer free trading accounts to traders, but there might be better choices. Typically, reputable firms require their traders to pay a small fee of 749.16 Brazilian Real. If you choose the right company to work with, funded trading programs can be very dependable. It is strongly advised to conduct extensive research and due diligence before choosing any company.

Methodology for compiling our ratings of prop firms

Traders Union applies a rigorous methodology to evaluate prop companies using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.

Key aspects of the assessment include:

  • Trader testimonials and reviews. Collecting and analyzing feedback from existing and past traders to understand their experiences with the firm.

  • Trading instruments. Companies are evaluated on the range of assets offered, as well as the breadth and depth of available markets.

  • Challenges and evaluation process. Analyzing the firm's challenge system, account types, evaluation criteria, and the process for granting funding.

  • Profit split. Reviewing the profit split structure and terms, scaling plans, and how the firm handles profit distributions.

  • Trading conditions. Examining leverage, execution speeds, commissions, and other trading costs associated with the firm.

  • Platform and technology. Assessing the firm's proprietary trading platform or third-party platforms it supports, including ease of use, functionality, and stability.

  • Education and support. Quality and availability of training materials, webinars, and one-on-one coaching.

FAQs

What are the best forex prop firms in Brazil?

In this guide, TradersUnion experts have provided a list of the top forex proprietary firms in Brazil. Feel free to head over and read it.

Is prop trading legit in Brazil?

Yes, prop trading firms are legal and legitimate businesses. Even though a prop firm is not officially registered in Brazil, it can still give Brazilian citizens access to their funded accounts.

Do prop traders make a lot of money?

Yes, they do, but you must first realize that prop trading is both profitable and fraught with danger. Prop trading offers the potential for enormous financial gain if the associated risks can be managed.

How do I become a prop trader?

First and foremost, gain a thorough understanding of prop trading and conduct extensive research on prop trading firms. To begin with, it is preferable to work with a regulated and fully registered firm. It's now time to study for the licensing exam. After passing the exam and completing the other regulatory tasks, you can now go live and begin trading with real money in a real market.

Editors' Top Picks and Insights

Team that worked on the article

Winnifred Emmanuel
Contributor

Winnifred Emmanuel is a freelance financial analyst and writer with years of experience in working with financial websites and businesses. Her expertise spans various areas, including commodities, Forex, stocks, and cryptocurrency.

Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets.