Forex Brokers in South America
Find a list of the best global Forex brokers online for traders in Latin America. Those brokers offer service in Spanish and Portuguese and offer local payments in latam countries.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail CFD accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| # | Broker | Popularity | Bonus | Min. Deposit |
ECN (min. deposit) |
Leverage | MT4 | MT5 | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
1 € | 10 € | ≤1:2000 | ✓ | ✓ | > Visit → | ||
|
Exness is known for its transparency and unique trading conditions, such as instant withdrawals and flexible leverage. It offers stable spreads and specific account types with distinct margin features. Key features include tick history transparency, competitive transaction costs, and around-the-clock support. Designed for volume traders and those needing flexible margin conditions. |
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| 2 |
|
5 € | ≤1:1000 | ✓ | > Visit → | ||||
|
Deriv is a broker offering unique trade types and proprietary synthetic indices available 24/7. It provides a flexible suite of platforms for various trading styles. Key features include the ability to trade on weekends, a wide range of volatility indices, and low minimum stakes. Suitable for traders looking for unique market instruments and continuous opportunities. |
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| 3 |
|
1 € | 100 € | ≤1:3000 | ✓ | ✓ | > Visit → | ||
|
JustMarkets is a retail broker focused on low spreads and accessible trading conditions. It offers a variety of accounts tailored to different needs. Key features include flexible leverage, copy trading features, and regional payment methods. A choice for traders in emerging markets seeking accessible costs. |
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| 4 |
|
5 € | ≤1:3000 | ✓ | ✓ | > Visit → | |||
|
FBS is an international broker known for its diverse account types. It offers flexible leverage and a proprietary copy trading app that connects investors with strategy providers. Key features include low minimum deposit options and daily market analysis. It is suitable for new traders and those looking for flexible account conditions. |
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| 5 |
|
$30 | 100 € | 100 € | ≤1:500 | ✓ | ✓ | > Visit → | |
|
Tickmill is a broker focused on keeping trading costs low. It offers competitive spreads and commissions. Key highlights include no requotes and allowance of all strategies including scalping. Essential for cost-conscious and professional traders. |
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| 6 |
|
n/a | ✓ | ✓ | > Visit → | ||||
|
FxPro is a broker with a reputation for NDD (No Dealing Desk) execution. It offers multiple platforms and its own proprietary interface. Key features include execution statistics transparency, fund management tools, and support for algorithmic trading. A choice for serious traders requiring reliability and professional execution standards. |
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| 7 |
|
100 € | ≤1:400 | ✓ | ✓ | > Visit → | |||
|
AvaTrade is a globally present broker known for its fixed spreads and risk management tools. It offers a suite of proprietary platforms for web and mobile. Key strengths are its educational academy, stable trading environment, and specialized options trading solutions. Suitable for traders who prioritize a structured and user-friendly experience. |
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| 8 |
|
n/a | ≤1:2000 | ✓ | ✓ | > Visit → | |||
|
HFM is a multi-asset broker with a global presence, offering a unified trading experience. It provides specialized account types and a social trading system. Key highlights include a loyalty program and free liability insurance. Suitable for traders seeking a full-service broker with diverse tools. |
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| 9 |
|
100 € | 200 € | ≤1:3000 | ✓ | ✓ | > Visit → | ||
|
AMarkets focuses on execution speed and order processing quality. It offers a modern trading environment with flexible leverage options and a wide selection of instruments. Key features include copy-trading services, sentiment analysis indicators, and efficient deposit conditions. It is suitable for algorithmic traders and those prioritizing execution technicalities. |
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| 10 |
|
120% | 20 € | ≤1:1000 | ✓ | ✓ | > Visit → | ||
|
LQDFX is dedicated to a STP/ECN model with no dealing desk intervention, ensuring market execution. It accepts various deposit methods and offers flexible leverage. Key features include segregated accounts and fast execution speeds. Suitable for traders who want a straight-through processing environment. |
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| 11 |
|
200 € | ≤1:500 | ✓ | ✓ | > Visit → | |||
|
|
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| 12 |
|
50 € | 500 € | ≤1:500 | ✓ | ✓ | > Visit → | ||
|
Vantage is a global multi-asset broker offering ECN infrastructure. It connects traders to deep liquidity for fast execution. Key features include professional tools packages and raw ECN accounts. Suitable for traders seeking speed, reliability, and professional-grade tools. |
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| 13 |
|
$100 | $100 | ≤1:500 | ✓ | ✓ | > Visit → | ||
|
FP Markets is an Australian broker offering ECN pricing and DMA access to global equity markets. It connects traders to advanced platforms with raw spreads. Key features include deep liquidity, no dealing desk intervention, and a massive range of tradable assets. Suitable for professional traders and equity investors looking for direct market access. |
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| 14 |
|
1 € | 2000 € | ≤1:500 | ✓ | ✓ | > Visit → | ||
|
BlackBull Markets is a New Zealand-based ECN broker that connects retail traders to institutional-grade liquidity. It offers raw spreads and fast execution via specialized servers. Key features include aggregation of liquidity providers and integration with advanced charting tools. It is designed for scalpers and traders demanding professional infrastructure. |
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| 15 |
|
$30 | 1 € | ≤1:1000 | ✓ | ✓ | > Visit → | ||
|
InstaForex is a major brand known for its community focus and contests. It offers a copy trading system and a wide range of services. Key features include tick trades, accounts for new traders, and flexible leverage. It is a comprehensive ecosystem suitable for traders who enjoy community interaction. |
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| 16 |
|
10 € | ≤1:1000 | ✓ | ✓ | > Visit → | |||
|
LiteFinance focuses on making ECN trading accessible, with an emphasis on social trading. Its platform integrates copy trading features. Key highlights include efficient withdrawal processing, low floating spreads, and a wide range of assets. Suitable for social traders and those valuing ease of transaction. |
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| 17 |
|
100 € | 100 € | ≤1:200 | ✓ | > Visit → | |||
|
Fortrade offers a straightforward proprietary platform designed for simplicity. It provides access to a wide range of global CFDs with competitive fixed spreads. Key features include real-time market data and a clutter-free interface. Suited for traders who prefer a simple, streamlined trading experience over complex tools. |
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| 18 |
|
n/a | > Visit → | ||||||
|
IQ Option offers a proprietary platform that is visually distinct and easy to use. It provides access to a wide variety of assets including stocks and options. Key features include a customizable interface, fast withdrawals, and support availability. Suitable for modern traders who value a superior visual experience and platform usability. |
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| 19 |
|
$50 | 10 € | 10 € | ≤1:2000 | ✓ | ✓ | > Visit → | |
|
FreshForex is a broker known for its flexible leverage and active trading conditions. It offers an environment suitable for scalping with fast execution speeds. Key features include efficient deposit processing and a wide array of asset pairs. Suitable for aggressive traders looking to maximize their margin utility. |
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| 20 |
|
100 € | ≤1:500 | ✓ | ✓ | > Visit → | |||
|
Eightcap is a CFD broker known for its extensive range of derivatives. It provides raw spread accounts and integration with third-party automation tools. Key features include tight spreads, fast execution, and a supportive environment for automated strategies. It is a choice for traders focused on asset variety and automation. |
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| 21 |
|
$100 | 10 € | ≤1:1000 | ✓ | ✓ | > Visit → | ||
|
ForexChief operates on a STP/DMA model, ensuring direct execution and deep liquidity. It is known for its transparent order flow and negative balance protection. Key features include narrow spreads and a straightforward cost structure. It is a choice for traders looking for a cost-effective trading environment. |
|||||||||
| 22 |
|
1 € | 100 € | ≤1:500 | ✓ | ✓ | > Visit → | ||
|
FXOpen is an ECN pioneer, providing access to institutional liquidity. It offers specialized accounts and deep market depth. Key features include raw spreads, PAMM account technology, and a fair trading environment. Suitable for professional scalpers and institutional-style traders. |
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| 23 |
|
100 € | 100 € | ≤1:1000 | ✓ | > Visit → | |||
|
IronFX is a global broker offering multiple account types to suit every trading style, from floating to fixed spreads. It is known for its live trading competitions. Key features include a massive range of instruments, localized support, and flexible leverage. Suitable for traders who enjoy flexible trading conditions. |
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| 24 |
|
25 € | ≤1:1000 | > Visit → | |||||
|
Weltrade is a customer-centric broker known for its loyalty program and fast execution speeds. It supports digital asset trading. Key features include instant withdrawals and continuous support. A choice for traders who value rewards and a community atmosphere. |
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| 25 |
|
10 € | 500 € | ≤1:500 | ✓ | ✓ | > Visit → | ||
|
Grand Capital is a broker offering a mix of Forex and CFD services. It is known for its investment services and diverse account options. Key features include access to ECN accounts and various payment methods. Suitable for traders looking for a mix of investment services and trading variety. |
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| 26 |
|
1000 € | 1000 € | ≤1:400 | ✓ | ✓ | > Visit → | ||
|
IFC Markets offers a unique approach with its method allowing traders to create their own synthetic instruments. It provides both fixed and floating spread accounts. Key features include continuous CFDs on commodities and annual interest on free margin. Suitable for creative traders who want to build custom portfolio baskets. |
|||||||||
| 27 |
|
1 € | ≤1:1000 | ✓ | ✓ | > Visit → | |||
|
Admirals is a global financial hub offering a vast selection of instruments, including Stocks, ETFs, Forex, and CFDs. It provides advanced analysis tools and a comprehensive educational section. Key features include a wide range of analytical resources, competitive spreads, and a diverse portfolio of tradable assets. It is a solid choice for traders looking for market depth and analysis. |
|||||||||
| 28 |
|
100 € | 100 € | ≤1:30 | ✓ | > Visit → | |||
|
|
|||||||||
Exness is known for its transparency and unique trading conditions, such as instant withdrawals and flexible leverage. It offers stable spreads and specific account types with distinct margin features. Key features include tick history transparency, competitive transaction costs, and around-the-clock support. Designed for volume traders and those needing flexible margin conditions.
| Popularity |
|
|---|---|
| Min. Deposit | 1 € |
| ECN (min. deposit) | 10 € |
| Leverage | ≤1:2000 |
| Platforms | MT4 ✓ MT5 ✓ |
Deriv is a broker offering unique trade types and proprietary synthetic indices available 24/7. It provides a flexible suite of platforms for various trading styles. Key features include the ability to trade on weekends, a wide range of volatility indices, and low minimum stakes. Suitable for traders looking for unique market instruments and continuous opportunities.
| Popularity |
|
|---|---|
| Min. Deposit | 5 € |
| ECN | |
| Leverage | ≤1:1000 |
| Platforms | MT5 ✓ |
JustMarkets is a retail broker focused on low spreads and accessible trading conditions. It offers a variety of accounts tailored to different needs. Key features include flexible leverage, copy trading features, and regional payment methods. A choice for traders in emerging markets seeking accessible costs.
| Popularity |
|
|---|---|
| Min. Deposit | 1 € |
| ECN (min. deposit) | 100 € |
| Leverage | ≤1:3000 |
| Platforms | MT4 ✓ MT5 ✓ |
FBS is an international broker known for its diverse account types. It offers flexible leverage and a proprietary copy trading app that connects investors with strategy providers. Key features include low minimum deposit options and daily market analysis. It is suitable for new traders and those looking for flexible account conditions.
| Popularity |
|
|---|---|
| Min. Deposit | 5 € |
| ECN | |
| Leverage | ≤1:3000 |
| Platforms | MT4 ✓ MT5 ✓ |
Tickmill is a broker focused on keeping trading costs low. It offers competitive spreads and commissions. Key highlights include no requotes and allowance of all strategies including scalping. Essential for cost-conscious and professional traders.
| Popularity |
|
|---|---|
| Min. Deposit | 100 € |
| ECN (min. deposit) | 100 € |
| Leverage | ≤1:500 |
| Platforms | MT4 ✓ MT5 ✓ |
| No Deposit Bonus | $30 → |
FxPro is a broker with a reputation for NDD (No Dealing Desk) execution. It offers multiple platforms and its own proprietary interface. Key features include execution statistics transparency, fund management tools, and support for algorithmic trading. A choice for serious traders requiring reliability and professional execution standards.
| Popularity |
|
|---|---|
| ECN | |
| Platforms | MT4 ✓ MT5 ✓ cTrader ✓ |
AvaTrade is a globally present broker known for its fixed spreads and risk management tools. It offers a suite of proprietary platforms for web and mobile. Key strengths are its educational academy, stable trading environment, and specialized options trading solutions. Suitable for traders who prioritize a structured and user-friendly experience.
| Popularity |
|
|---|---|
| Min. Deposit | 100 € |
| ECN | |
| Leverage | ≤1:400 |
| Platforms | MT4 ✓ MT5 ✓ |
HFM is a multi-asset broker with a global presence, offering a unified trading experience. It provides specialized account types and a social trading system. Key highlights include a loyalty program and free liability insurance. Suitable for traders seeking a full-service broker with diverse tools.
| Popularity |
|
|---|---|
| ECN | |
| Leverage | ≤1:2000 |
| Platforms | MT4 ✓ MT5 ✓ |
AMarkets focuses on execution speed and order processing quality. It offers a modern trading environment with flexible leverage options and a wide selection of instruments. Key features include copy-trading services, sentiment analysis indicators, and efficient deposit conditions. It is suitable for algorithmic traders and those prioritizing execution technicalities.
| Popularity |
|
|---|---|
| Min. Deposit | 100 € |
| ECN (min. deposit) | 200 € |
| Leverage | ≤1:3000 |
| Platforms | MT4 ✓ MT5 ✓ |
LQDFX is dedicated to a STP/ECN model with no dealing desk intervention, ensuring market execution. It accepts various deposit methods and offers flexible leverage. Key features include segregated accounts and fast execution speeds. Suitable for traders who want a straight-through processing environment.
| Popularity |
|
|---|---|
| Min. Deposit | 20 € |
| ECN | |
| Leverage | ≤1:1000 |
| Platforms | MT4 ✓ MT5 ✓ |
| Bonus | 120% → |
Vantage is a global multi-asset broker offering ECN infrastructure. It connects traders to deep liquidity for fast execution. Key features include professional tools packages and raw ECN accounts. Suitable for traders seeking speed, reliability, and professional-grade tools.
| Popularity |
|
|---|---|
| Min. Deposit | 50 € |
| ECN (min. deposit) | 500 € |
| Leverage | ≤1:500 |
| Platforms | MT4 ✓ MT5 ✓ |
FP Markets is an Australian broker offering ECN pricing and DMA access to global equity markets. It connects traders to advanced platforms with raw spreads. Key features include deep liquidity, no dealing desk intervention, and a massive range of tradable assets. Suitable for professional traders and equity investors looking for direct market access.
| Popularity |
|
|---|---|
| Min. Deposit | $100 |
| ECN (min. deposit) | $100 |
| Leverage | ≤1:500 |
| Platforms | MT4 ✓ MT5 ✓ |
BlackBull Markets is a New Zealand-based ECN broker that connects retail traders to institutional-grade liquidity. It offers raw spreads and fast execution via specialized servers. Key features include aggregation of liquidity providers and integration with advanced charting tools. It is designed for scalpers and traders demanding professional infrastructure.
| Popularity |
|
|---|---|
| Min. Deposit | 1 € |
| ECN (min. deposit) | 2000 € |
| Leverage | ≤1:500 |
| Platforms | MT4 ✓ MT5 ✓ cTrader ✓ |
InstaForex is a major brand known for its community focus and contests. It offers a copy trading system and a wide range of services. Key features include tick trades, accounts for new traders, and flexible leverage. It is a comprehensive ecosystem suitable for traders who enjoy community interaction.
| Popularity |
|
|---|---|
| Min. Deposit | 1 € |
| ECN | |
| Leverage | ≤1:1000 |
| Platforms | MT4 ✓ MT5 ✓ |
| No Deposit Bonus | $30 → |
LiteFinance focuses on making ECN trading accessible, with an emphasis on social trading. Its platform integrates copy trading features. Key highlights include efficient withdrawal processing, low floating spreads, and a wide range of assets. Suitable for social traders and those valuing ease of transaction.
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
| ECN | |
| Leverage | ≤1:1000 |
| Platforms | MT4 ✓ MT5 ✓ |
Fortrade offers a straightforward proprietary platform designed for simplicity. It provides access to a wide range of global CFDs with competitive fixed spreads. Key features include real-time market data and a clutter-free interface. Suited for traders who prefer a simple, streamlined trading experience over complex tools.
| Popularity |
|
|---|---|
| Min. Deposit | 100 € |
| ECN (min. deposit) | 100 € |
| Leverage | ≤1:200 |
| Platforms | MT4 ✓ |
IQ Option offers a proprietary platform that is visually distinct and easy to use. It provides access to a wide variety of assets including stocks and options. Key features include a customizable interface, fast withdrawals, and support availability. Suitable for modern traders who value a superior visual experience and platform usability.
| Popularity |
|
|---|---|
| ECN |
FreshForex is a broker known for its flexible leverage and active trading conditions. It offers an environment suitable for scalping with fast execution speeds. Key features include efficient deposit processing and a wide array of asset pairs. Suitable for aggressive traders looking to maximize their margin utility.
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
| ECN (min. deposit) | 10 € |
| Leverage | ≤1:2000 |
| Platforms | MT4 ✓ MT5 ✓ |
| No Deposit Bonus | $50 → |
Eightcap is a CFD broker known for its extensive range of derivatives. It provides raw spread accounts and integration with third-party automation tools. Key features include tight spreads, fast execution, and a supportive environment for automated strategies. It is a choice for traders focused on asset variety and automation.
| Popularity |
|
|---|---|
| Min. Deposit | 100 € |
| ECN | |
| Leverage | ≤1:500 |
| Platforms | MT4 ✓ MT5 ✓ |
ForexChief operates on a STP/DMA model, ensuring direct execution and deep liquidity. It is known for its transparent order flow and negative balance protection. Key features include narrow spreads and a straightforward cost structure. It is a choice for traders looking for a cost-effective trading environment.
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
| ECN | |
| Leverage | ≤1:1000 |
| Platforms | MT4 ✓ MT5 ✓ |
| No Deposit Bonus | $100 → |
FXOpen is an ECN pioneer, providing access to institutional liquidity. It offers specialized accounts and deep market depth. Key features include raw spreads, PAMM account technology, and a fair trading environment. Suitable for professional scalpers and institutional-style traders.
| Popularity |
|
|---|---|
| Min. Deposit | 1 € |
| ECN (min. deposit) | 100 € |
| Leverage | ≤1:500 |
| Platforms | MT4 ✓ MT5 ✓ |
IronFX is a global broker offering multiple account types to suit every trading style, from floating to fixed spreads. It is known for its live trading competitions. Key features include a massive range of instruments, localized support, and flexible leverage. Suitable for traders who enjoy flexible trading conditions.
| Popularity |
|
|---|---|
| Min. Deposit | 100 € |
| ECN (min. deposit) | 100 € |
| Leverage | ≤1:1000 |
| Platforms | MT4 ✓ |
Weltrade is a customer-centric broker known for its loyalty program and fast execution speeds. It supports digital asset trading. Key features include instant withdrawals and continuous support. A choice for traders who value rewards and a community atmosphere.
| Popularity |
|
|---|---|
| Min. Deposit | 25 € |
| ECN | |
| Leverage | ≤1:1000 |
Grand Capital is a broker offering a mix of Forex and CFD services. It is known for its investment services and diverse account options. Key features include access to ECN accounts and various payment methods. Suitable for traders looking for a mix of investment services and trading variety.
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
| ECN (min. deposit) | 500 € |
| Leverage | ≤1:500 |
| Platforms | MT4 ✓ MT5 ✓ |
IFC Markets offers a unique approach with its method allowing traders to create their own synthetic instruments. It provides both fixed and floating spread accounts. Key features include continuous CFDs on commodities and annual interest on free margin. Suitable for creative traders who want to build custom portfolio baskets.
| Popularity |
|
|---|---|
| Min. Deposit | 1000 € |
| ECN (min. deposit) | 1000 € |
| Leverage | ≤1:400 |
| Platforms | MT4 ✓ MT5 ✓ |
Admirals is a global financial hub offering a vast selection of instruments, including Stocks, ETFs, Forex, and CFDs. It provides advanced analysis tools and a comprehensive educational section. Key features include a wide range of analytical resources, competitive spreads, and a diverse portfolio of tradable assets. It is a solid choice for traders looking for market depth and analysis.
| Popularity |
|
|---|---|
| Min. Deposit | 1 € |
| ECN | |
| Leverage | ≤1:1000 |
| Platforms | MT4 ✓ MT5 ✓ |
| Popularity |
|
|---|---|
| Min. Deposit | 100 € |
| ECN (min. deposit) | 100 € |
| Leverage | ≤1:30 |
| Platforms | MT4 ✓ |
In Latin America (Latam), forex trading is becoming increasingly popular as more and more people become interested in the potential for financial gain.
There are several factors that make Latam an attractive market for forex traders. The region has a diverse range of currencies, with the Mexican peso, Brazilian real, and Argentine peso being among the most popular. Additionally, Latam has a relatively high level of economic volatility, which can lead to significant price movements in currencies.
To trade forex in Latam, you will need to open an account with a reputable online broker. These brokers will provide you with access to the global forex market and allow you to buy and sell currencies. You will also need to have a basic understanding of the currency markets and how they work.
One thing to keep in mind when trading forex in Latam is that the region is subject to a number of economic and political risks. For example, the region is heavily dependent on commodity exports, and fluctuations in commodity prices can have a significant impact on the value of currencies. Additionally, political instability and economic uncertainty can lead to rapid changes in exchange rates.
Overall, forex trading in Latam can be a great way to generate returns, but it also comes with significant risks. As with any form of investing, it's important to do your research and understand the risks before diving in.