Brazil's a strange market for gold traders. The CVM flat-out bans offering CFDs to retail clients locally. But here's the thing — Brazilian residents can still trade XAUUSD CFDs through international brokers. And plenty do.
Here are the top picks for 2026.
1. Tickmill — Best Overall
Regulation: FCA, CySEC, FSA
Gold: XAUUSD
Min Deposit: $100
Tickmill takes the top spot among Brazilian gold CFD traders. Low spreads, low commissions, fast account opening. Their Pro account gives you XAUUSD spreads from 0.0 pips with $3 per round turn commission. Free deposits and withdrawals. Regulated by the FCA and CySEC — solid.
2. Pepperstone — Best Spreads
Regulation: ASIC, FCA, CySEC
Gold: XAUUSD
Min Deposit: $0
Pepperstone's Razor account hits XAUUSD spreads from 0.05 pips with execution under 40ms. No minimum deposit. Brazilian traders can fund via bank transfer, credit/debit card, or e-wallets. ASIC and FCA regulation means Tier-1 protection.
3. Fusion Markets — Best Low-Cost
Regulation: ASIC, FSA
Gold: XAUUSD
Min Deposit: $1
Fusion Markets is one of the cheapest brokers out there. XAUUSD spreads from 0.0 pips with just $2.25 per round turn commission — among the lowest for gold trading. Strong customer service. Minimum deposit? One dollar.
4. FP Markets — Best for Education
Regulation: ASIC, CySEC
Gold: XAUUSD, XAUEUR, XAUAUD
Min Deposit: $100
FP Markets gives you raw spreads on XAUUSD (from 0.0 pips) plus top-tier educational resources. Their webinars and trading guides are some of the best in the game — perfect for Brazilian traders who want to learn while they trade.
5. FXTM — Best for Platform Variety
Regulation: FCA, CySEC, FSCA
Gold: XAUUSD
Min Deposit: $10
FXTM (ForexTime) offers MT4, MT5, and their own FXTM Trader app. Competitive XAUUSD spreads. Low $10 minimum deposit. Customer support in Portuguese — a big plus.
Key for Brazilian Traders
CVM Resolution 179 kills domestic CFD offerings. So every broker here operates under foreign licenses — FCA, CySEC, ASIC. Make sure the broker actually accepts Brazilian residents before you sign up. Most take bank transfers and credit cards. Local options like Boleto and PIX? Less common with international brokers.
All the brokers listed have negative balance protection. Don't skip this — make it non-negotiable when choosing a broker in Brazil.