7 Best Prop Trading Firms in Brazil in 2026

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trading-tools-resources | 19-09-25

Prop trading in Brazil is legal as a "Service Provision" (Prestação de Serviços). For Futures, Apex Trader Funding is the top choice due to its affordable entry in BRL-equivalent terms. For Forex/CFDs, FTMO and FundedNext remain the most trusted. Pro Tip for 2026: Ensure you use Wise or Remessa Online for payouts to receive your funds via PIX instantly and avoid the 4% "spread" charged by traditional banks like Itaú or Bradesco.

Top 7 Prop Trading Firms in Brazil

Brazil’s trading community has access to a growing number of proprietary trading firms that cater to different strategies and experience levels. While each firm offers its own strengths, Apex Trader Funding remains the most accessible and trader-friendly choice for Brazilian traders. Below is a closer look at seven notable firms.

Rank	Prop Firm	Asset Focus	Best Brazil Feature	Payout Support
1	Apex Trader Funding	Futures	Lowest cost (ideal for BRL budgets)	Wise / Deel / Crypto
2	Topstep	Futures	Best education for Bovespa traders	Bank Wire / Wise
3	FTMO	Forex/CFD	Most trusted institutional reputation	Wise / Skrill / PIX*
4	FundedNext	Multi-Asset	24-hour payout guarantee	USDT / Wise / PIX*
5	The 5%ers	Forex	Scaling for "Swing" traders	Wise / Bank Wire
6	Fidelcrest	Forex/CFD	Massive accounts ($1M+)	Bank Wire / Crypto
7	Earn2Trade	Futures	Best for beginners (Gauntlet)	Wise / Bank Wire

1. Apex Trader Funding

Apex Trader Funding has quickly become the most popular choice for Brazilian traders seeking affordable and flexible pathways into funded trading. With low-cost evaluations, generous profit splits, and full payouts on the first $25,000, it offers one of the most trader-friendly models in the industry. Apex also integrates with platforms like Rithmic, Tradovate, and WealthCharts, giving Brazilian traders access to global-grade tools while benefiting from structured rules that encourage consistency.

2. Topstep

Topstep has built its reputation as one of the most established names in the global prop trading space. For Brazilian traders, Topstep provides structured evaluations and educational programs that are designed to develop disciplined habits. Its scaling plans are ideal for traders who want to grow gradually while learning to manage risk in highly liquid futures markets.

3. FTMO

FTMO, though based in Europe, has a strong following in Brazil due to its forex and CFD-focused funding programs. It is well-suited for Brazilian traders interested in diversifying beyond futures markets, offering advanced risk management dashboards and flexible trading styles. Its reputation for transparency and robust infrastructure has made it a respected choice worldwide, including in Brazil.

4. FundedNext

FundedNext has solidified its position as a top-tier choice for Brazilian traders in 2026, primarily due to its aggressive pursuit of local payment accessibility and trader-centric features. While many global firms struggle with high conversion fees, FundedNext has integrated localized "rails" specifically for the Brazilian market.

5. The 5%ers

The 5%ers is another international prop firm that has gained traction in Brazil by offering traders the ability to start small and scale gradually. With a focus on low-risk evaluations and long-term growth, it is particularly appealing to Brazilian traders who want to build discipline and consistency before managing larger accounts.

6. Fidelcrest

Fidelcrest appeals to Brazilian traders who want access to larger account sizes and aggressive scaling options. While it operates internationally, its flexible rules and ability to manage substantial capital make it attractive to ambitious traders in Brazil who want to step beyond smaller personal accounts and prove themselves with institutional-level funding.

7. Earn2Trade

Earn2Trade takes a unique approach by combining funding with education, making it especially valuable for new traders in Brazil. Its “Gauntlet” program blends structured learning with live trading evaluations, giving traders both knowledge and opportunity. For those seeking to enter futures trading with a strong foundation, Earn2Trade is one of the most accessible starting points.

Brazilian Market Considerations

Trading in Brazil comes with unique factors that influence strategy. The volatility of the Bovespa Index (IBOV), liquidity in local futures such as DI rates and commodities, and time zone overlap with U.S. markets all create both opportunities and challenges.

Prop firms that serve Brazilian traders effectively usually:

Provide access to global futures contracts alongside local markets.
Support platforms like Rithmic, Tradovate, or MetaTrader, giving flexibility for different strategies.
Offer evaluation structures that reward consistency rather than high-risk plays.

By selecting a firm with tools that connect Brazilian traders to both local and international markets, strategies can be tested in multiple environments—building robustness that purely local trading might not offer.

The "Brazilian Edge" Setup: Payouts & Compliance

Being a prop trader in Brazil in 2026 is a professional business activity. To maximize your take-home pay and ensure smooth execution, follow these standards:

Avoid Traditional Wires: Traditional banks like Itaú, Bradesco, or Santander often charge high IOF (Tax on Financial Operations) and wide conversion spreads. Use Wise or Remessa Online to receive your funds via PIX instantly, keeping your total conversion loss under 1%.
Mandatory VPS Usage: Brazil is geographically distant from the CME servers in Aurora, Illinois. For firms like Apex or Topstep, a Chicago-based VPS (like QuantVPS or ChartVPS) is mandatory to bring your execution speed down from ~200ms to under 30ms, preventing slippage during high-volatility events like the US Open.
Declare Monthly: Don't wait for the annual IRPF. Use the Carnê-Leão system monthly to report foreign-sourced income. This prevents a massive tax bill at the end of the year and protects you from the 50% fines associated with late reporting.

Brazilian Financial Guide: Payouts & Taxes (2026 Update)

Navigating the Leão (IRS) is the biggest hurdle for Brazilian traders. Here is the 2026 blueprint:

The 17.5% Standard Rate: Under the 2026 tax framework (Provisional Measure 1.303/2025), a single flat rate of 17.5% applies to most financial investments. However, for Day Trading, the rate remains 20%. Since you are a "Service Provider" (Independent Contractor), your payouts are generally taxed as foreign-sourced income via the progressive table, which can reach 27.5%.
Deductions: If you operate under a MEI or Microempresa, you can often deduct your Evaluation Fees, Data Subscriptions, and platform costs as business expenses. This is essential for 2026 compliance.
PIX Integration: To get paid fast, withdraw USD to Wise or Nomad. These platforms now offer near-instant conversion to BRL, sending the money to your local account via PIX within minutes.
CVM Compliance: Most prop firms are not registered with the CVM because they are not brokers. You are not "investing" money; you are being paid to manage the firm's capital. This distinction is vital for your 2026 tax filing.

A prop firm isn’t just measuring profits; it’s testing whether your strategy can survive the market’s unpredictability.

Matching Prop Firms to Strategy Profiles

To understand how to evaluate the best prop trading firms in Brazil, it helps to match trader profiles with firm features:

The Consistent Day Trader: Looks for firms that emphasize daily risk controls and profit targets aligned with steady growth. Rules around trailing drawdowns and daily loss limits act as guardrails to support disciplined intraday strategies.
The Part-Time Trader: Needs firms that allow flexibility in minimum trading days and evaluations. This helps those balancing careers, studies, or family commitments participate in prop firm trading without being penalized for not trading every day.
The Quantitative Trader: Requires firms that allow backtesting, data access, and algorithmic deployment without restrictions. For Brazilian quants, firms offering integrations with advanced platforms like WealthCharts or API support are particularly appealing.

Rather than chasing marketing claims of “best payouts,” Brazilian traders should filter firms by asking: Will this firm’s structure let my strategy breathe?

Account Expansion as a Strategic Tool

One of the often-overlooked advantages of Brazilian traders joining prop firms is the opportunity to responsibly expand their trading potential. Many firms allow account sizes to grow gradually as consistency is demonstrated. This mirrors strategic capital growth:

Start with controlled risk on smaller accounts.
Expand into larger positions only after proving consistency.
Treat these progression stages as discipline checkpoints rather than shortcuts to larger profits.

This structured approach helps traders in Brazil avoid over-leverage while building sustainable habits for long-term success.

Discipline turns prop firm rules from barriers into building blocks for professional trading success.

Risk Management as the Real Edge

For Brazilian traders, the true differentiator in selecting the best prop firm is not platform choice or payout percentage—it’s how the firm enforces risk management.

Firms that emphasize:

Daily loss limits,
Account drawdown monitoring, and
Position size restrictions

…are not restricting traders; they’re training professionals. Strategies built under these conditions tend to survive longer in both firm-funded and personal accounts.

In Brazil’s volatile markets—whether it’s commodity futures, equities, or FX—this emphasis on structured risk control becomes the foundation of lasting success.

Final Thoughts

The best prop trading firms in Brazil are not defined by flashy marketing or the size of funding they advertise. They are defined by how well they align with the strategic needs of Brazilian traders. A disciplined day trader, a patient swing trader, and a tech-driven algo trader will all see different firms as “the best,” depending on rule structures, platform support, and risk controls.

Explore your options with Apex Trader Funding, or begin with a 25K Tradovate account or a 25K Rithmic account.

FAQs

Why do prop firm traders fail?

Prop firm traders often fail not because the markets are unbeatable, but because their strategies don’t align with the firm’s rules. Common reasons include:

1. Ignoring risk limits → Breaking daily loss limits or exceeding drawdowns.
2. Chasing quick profits → Trying to pass evaluations with one or two big trades instead of steady consistency.
3. Poor adaptability → Relying on strategies that only work in certain market conditions.
4. Neglecting discipline → Letting emotions override rules, especially after losses.
5. Mismatch with firm structure → Choosing a firm that doesn’t support their trading style (e.g., scalping vs. longer-term setups).

In short, traders fail when they treat evaluations like shortcuts rather than training grounds for professional consistency.

How to pass a prop firm fast?

Many traders attempt to pass prop firm evaluations quickly, but speed often leads to mistakes. The most effective way to pass is to focus on consistency over shortcuts. Key approaches include:

1. Stick to risk limits → Protect your account by respecting daily loss and drawdown rules.
2. Trade smaller at first → Build a cushion with steady wins before increasing size.
3. Use a structured plan → Define entry, exit, and stop-loss rules in advance.
4. Avoid overtrading → Quality setups matter more than chasing every opportunity.
5. Align strategy with firm rules → Choose methods that fit evaluation requirements instead of fighting against them.

How much money is needed to start with a prop firm?

Starting with a prop firm is far less capital-intensive than funding a personal trading account. Instead of depositing thousands, traders typically pay an evaluation fee ranging from about $100 to $500, depending on account size and the firm’s structure. This fee grants access to the evaluation process, trading rules, and professional platforms, while protecting personal savings from market losses. For traders in Brazil, firms like Apex Trader Funding are popular because of their relatively low evaluation costs and choice of platforms such as Rithmic, Tradovate, and WealthCharts. Overall, the amount needed is modest compared to traditional trading, making prop firms an accessible entry point.

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