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Overview
There has been an influx in forex trading from countries around the world, and Brazil is no exception. Brazilian traders who are looking for the best brokers to trade with need not look further than the list below.
IG
IG is a well-regulated broker that offers traders from around the world the trade in more than 17,000 tradable instruments spread across forex, stocks, and CFDs.
Pros and Cons
|
PROS |
CONS |
|
Strict, multi-regulation |
Lack of online payment processors offered |
|
Competitive trading conditions |
|
Saxo Markets
Saxo Markets is a well-regulated broker and licensed bank that offers the trade in more than 42,000 forex and CFD instruments.
Pros and Cons
|
PROS |
CONS |
|
Market analysis |
US clients not accepted |
|
Strict regulation |
Cryptocurrency trading not supported |
Interactive Brokers
As one of the largest global brokers, Interactive Brokers caters for trader in offering a range of tradable instruments, competitive trading conditions, education, and a variety of trading tools.
Pros and Cons
|
PROS |
CONS |
|
Strict regulation through multiple entities |
Fixed spreads not offered |
|
Research, analysis, education, trading tools offered |
Restricted leverage offered |
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City Index
City Index is a leading online broker that offers the trade in more than 12,000 global markets.
Pros and Cons
|
PROS |
CONS |
|
Strict regulation |
No US clients |
|
Competitive trading conditions |
No fixed spreads |
XTB
XTB is an exchange-listed broker offering traders with a range of forex and CFD instruments to trade.
Pros and Cons
|
PROS |
CONS |
|
Well-regulated |
No US clients |
|
Award-winning trading platform |
No fixed spreads |
This article does not necessarily reflect the opinions of the editors or the management of EconoTimes
