The 3 Best Binary Options Brokers in Brazil – Comparison and Reviews 

Broker:
Regulation:
Spreads & Assets:
Advantages:
The offer:
4.9/5
12345
CySEC
Return: 94%+
300+ Markets
  • $10 minimum deposit
  • Free demo account
  • High return up to 94%
  • The platform is easy to use
  • 24/7 support
Live-account from $10
  Visit broker

(Risk warning: Trading involves risk)

5.0/5
12345
Financial Commission
Return: 90%+
100+ Markets
  • Professional platform
  • Free demo account
  • $10 minimum deposit
  • Webinars and education
  • High payouts
Live-account from $10
  Visit broker

(Risk warning: Trading involves risk)

4.8/5
12345
VFSC
Return: 90%+
100+ Markets
Live-account from $50
  Visit broker

(Risk warning: Trading involves risk)

Broker:
12345
Regulation:
CySEC
Spreads & Assets:
Return: 94%+
300+ Markets
Advantages:
  • $10 minimum deposit
  • Free demo account
  • High return up to 94%
  • The platform is easy to use
  • 24/7 support
The offer:
Broker:
12345
Regulation:
Financial Commission
Spreads & Assets:
Return: 90%+
100+ Markets
Advantages:
  • Professional platform
  • Free demo account
  • $10 minimum deposit
  • Webinars and education
  • High payouts
The offer:
Broker:
12345
Regulation:
VFSC
Spreads & Assets:
Return: 90%+
100+ Markets
Advantages:
The offer:

Apart from being the biggest country in South America, Brazil is also one of the continent’s fastest-growing economies. Brazil is rapidly coping with developed countries from a developing investment mindset to the best binary options broker. Brazilians were considered fun-loving- chilled out people who never used to worry about the next minute. 

In the past decade, the Brazilian economy has substantially suffered, which is why now an average Brazilian is looking to secure their future by making some extra bucks. Brazilians are currently moving towards financial instruments like fixed time trading, forex trading, and Binary Options Trading. 

The majority believes that Binary Options Trading is the way to financial stability. But is it so? Can an average Brazilian invest in them legally? How safe are they?

Let’s answer them in detail.

What Is Binary Options Trading? How Does It Work?

A binary option is a financial instrument that allows you to predict the value of an asset over a fixed period. It is the simplest form of trade that facilitates only 2 outcomes. You either guess the asset’s value correctly and take 60-80% profit on it or predict it wrong and lose all the amount you invested. It is a simple Yes or No affair where if you think the price of an asset will go up, you say “Yes” and buy a certain number of tokens of the same asset or security. 

But, if you think the price will drop, you sell a certain number of tokens of the same asset. All this is done through a broker who is responsible for the successful and secure completion of the trade. 

So, let’s understand this with an example:

Suppose you predict the value of gold which is $2000, will go up

and be $2500 in the next hour; then, you will buy a certain number of gold tokens from the broker and wait for the next hour. If the value of gold goes up by $1, you will get a predetermined profit of around 60-80%, depending on the deal.

However, if the value of gold comes down and becomes $1999, you will lose all the amount you invested. You can also choose to stop the trade if you feel the value of gold will decrease after one hour and take the profit from its current value.

Note: You can start investing from 5-100$ in Binary Options Trading. 

Regulations on Binary Options Trading in Brazil 

The body that governs the financial market in Brazil is the Securities and Exchange Commission of Brazil or CVM. 

CVM has strict laws and regulations for financial trading. They are responsible for the following:

  • To regulate the financial markets in the best possible way. 
  • To ensure that no private broker gets through without scrutiny.
  • To ensure the financial well-being of Brazilians. 
  • To ensure that no unlawful financial activity happens in the
  • country. 
  • To protect citizens from financial fraud.
  • To enhance the investment capacity of an average citizen.

As for now, there is no local broker present in Brazil as CVM does not allow any broker to settle in for trading business. As a Brazilian, you have to depend on foreign brokers for trade in binary options. However, trading is not Illegal in the country. You are free to trade in Forex, Fixed Time, and Binary Options. Brazilian stock exchange is also featured in many stock index platforms giving their currency a significant value against the USD. 

So, Brazilians can feel free to invest in binary options. Any authority won’t question them. Since we have discussed the possibility of trading binary options in Brazil, let us now look at some of Brazil’s best binary options platforms.

Well, not just one, we have researched and figure out the 3 best platforms that are reliable and are operating in Brazil. 

Let us take a look.

List of the 5 Best Binary Option Brokers in Brazil

#1 IQ Option

A reliable broker is necessary when you do not have a local

broker to bank your trust upon, and the IQ option completely fits the bill here. Founded in 2013, this broker has been serving across the world with a good reputation; here are some of the perks you can get with them:

#2 Expert Option 

If you are looking for many assets to trade from them, Expert Option can be your best bet. The platform features 100+ assets with a lot of trading options available. 

#3 Olymp Trade

Olymp Trade is another broker that operates globally. Founded in

2014, the platform has, till now, impressed traders with its features. Rated 8.6/10 by many trading sites, they are a good pick for a beginner as well. 

Comparison Between 3 Best Brokers in Brazil

Here is a comparison of the best binary trading options in Brazil. 

Features 

#1 IQ Option

The broker is regulated by CySEC and FCA, which marks its

authenticity. As a Brazilian, you can be assured that your money is safe with them. 

  • You can start trading with just $1 with a minimum deposit of $10.     
  • IQ option’s app is available across all devices, namely, macOS, iOS, Android, and Windows. 
  • It is also a reliable option for beginners, as its interface is
  • made according to a layman’s understanding. 

#2 Expert Option

  • The platform is 100% credible and is regulated by CySEC and FMRRC.
  • It was founded in 2014 and has 8 years of experience in managing global trade. 
  • It is also considered one of the best platforms for new traders as their support team provides extensive assistance through chat systems and live sessions. 
  • They have their own app, which you can operate on all devices, namely, windows, macOS, iOS and, android.

#3 Olymp Trade 

  • It operates under CySEC regulations and is 100% reliable. 
  • They feature webinars and video tutorials for beginners, which can help them understand the industry better.   
  • Olymp Trade also has a minimum deposit of $10, and you can start trading with $1 only.    
  • They have extensive trading platforms too. Olymp Trade can be operated on MT4, MT5, Android, iOS, macOS, and Windows.        
  • You get to trade in 70+ assets. 

Maximum Payout

Every trader wants to know how much of his money should he expect to withdraw. IQ Option provides a healthy payout rate of 100%, whereas Olymp Trade and Expert option provide 92% and 95% of payout rate, respectively. 

Looking at the payout, the IQ option certainly wins the bout. 

Trade Assets

Trade assets allow you to have more options to choose from. Some may prefer gold, whereas other traders might prefer shares. Well, these three have a plethora of assets to choose from. 

Olymp Trade has 70+ assets in its arsenal, whereas IQ Option has a staggering 300+ asset lot. The expert option also features 100+ assets in its lot. 

Mobile Apps

#1 IQ Option

IQ Option offers a dedicated mobile app for binary option trading new and experienced traders. You can trade up to 500+ assets 

with the apps easy to use and clean interface. 

#2 Expert Option

Similar to other binary options brokers, Expert Option offers a world-class mobile app for traders. It is ideal for traders who like to trade on the go and don’t want to be confined to their systems. 

#3 Olymp Trade 

Olymp Trade also offers mobile trade apps for traders. You can withdraw and deposit money with ease. The learning curve is short, and you will not take much time to understand the app’s functionalities. 

Services for Brazilian Traders 

Here are some of the services for traders offered by these binary options brokers. 

Deposits

#1 IQ Option

IQ Option only requires a deposit of $10. You can deposit it via cards, Bitcoin, and credit card. Besides, you can trade up to 500+ assets using IQ Option. 

#2 Expert Option

Similar to other binary options brokers, Expert Option offers a world-class mobile app for traders. It is ideal for traders who like to trade on the go and don’t want to be confined to their systems. 

#3 Olymp Trade 

Olymp Trade also offers mobile trade apps for traders. You can withdraw and deposit money with ease. The learning curve is short, and you will not take much time to understand the app’s functionalities. 

Withdrawal 

#1 IQ Option

Withdrawals can take a few minutes up to 3 days to get processed. There are no charges for withdrawals. 

#2 Expert Option

Expert Option offers withdrawals via cards, bitcoins, and other methods similar to other binary options brokers. All withdrawals are processed within 1-3 hours.

#3 Olymp Trade 

Olymp trade’s withdrawal process is simple and straightforward. You can get your trade payouts easily in 1-3 days. 

Support

Support systems are necessary to ensure that trades happen with ease. As a trader, you do not want to be left stranded in the mix of a trade issue, waiting for assistance for ages. 

A robust support team is essential while choosing a broker for binary options trading. Well, these brokers have specialized experts at the backend with quality experience in trading. 

Those experts can be contacted anytime, 24×7 for assistance. Regardless of whether you are a beginner or an experienced trader, they will provide assistance from scratch and clear all your doubts. So, you always have quality experts watching your back.

#1 IQ Option

You can contact customer support via live chat, email, or call on designated phone numbers. 

#2 Expert Option

Expert Option offers multilingual chat and email support. You can easily get your issues solved and make successful trades on the platform. 

#3 Olymp Trade 

Olymp Trade offers world-class support and other facilities for the convenience of traders. 

Now that we have answered some of your essential questions, let us look at some of the advantages of Binary Options Trading. These benefits will help you understand why Binary Option is gaining much hype in Brazil. 

Benefits of Binary Option Trading

#1 Quick Returns

If you trade in forex or fixed time, you will have to wait for at least a month or even a year to see the desired results. But, when it comes to Binary Options, you can see your returns in 1 minute. Where most binary traders expire within 24 hours, you can take your profit on the same day. Quick returns also keep the trader motivated and help them earn quick money without worrying about the instrument’s complications. So, binary option trading is a good option for people who are looking for quick money. 

#2 High Profits

When was the last time you saw a 70% return on investment in the stock market? Well, with Binary Options, you can expect around 60-80% of the return on your investments. 

This rate of return cannot prevail anywhere else like other instruments are complicated compared to binary. 

For boosting the morale of Brazilians, this instrument is best because it fills your pocket with some good money. For beginners too, who are after quick money, binary option trading can certainly quench their thirst. 

#3 It Is All About Your Research

How much you will earn from binary option trading largely depends upon your market research. It is a part of luck, of course, but even luck won’t side with you if you are playing blind. Market research is an integral part of binary option trading because predictions only go right when there is a logic backing them, so you should do extensive analysis before actual trading. 

If your predictions are based on past and current data analysis, your chances of success are pretty high. Moreover, playing with assets like gold can be beneficial because predicting its price is not as complicated as predicting a company’s market value. 

Now that you have understood the advantages of binary option trading, you must also know its risks because a clear comparison between forex and binary options can only be made after looking at the disadvantages. So, let us look at the risks in binary option trading.

Risks associated with Binary Options Trading

#1 Once Gone, Cannot Be Recovered

The binary Option is a game of only two possibilities. If you win, you take the profit, but you will lose all your money if you lose. Unlike stocks, where your predictions go wrong, you can sell them and at least gain something, but binary options do not allow you to gain anything. 

If you are wrong, all your money goes out of the window. However, if you feel that the asset price will decrease at the end of the trade, you can choose to stop it before the trading time gets over and gain some of your investment back. So, binary option trading is risky. 

#2 Not All Brokers Are Authentic

Binary option trading is legal in countries like Brazil, but that does not mean it is unregulated. The government does not allow all the brokers to anchor the trade. 

For example, local Brazilian brokers are not allowed to trade in the Binary Option. For the safety of the citizens, the government only allows foreign brokers who are reputed and licensed by a governing authority like CySEC. 

All the brokers mentioned in this article are licensed and allowed to trade in binary in Brazil. So, do not trust every broker who claims that he will help trade in binary option trading. Do your research before trading. 

#3 Risk is higher than reward

Although risk can be reduced by market knowledge, and you can even wind up the trade before time to get some % of the money back will still be higher than the profit. 

You get 60-80% of profit if you win, but your risk is 100% if you lose. However, it can never get above 100% but, it is still 20-40% more than what you will earn. 

Some experts believe that it is not a fair affair, but if you have researched the market well, this can be a cakewalk for you. With minimum hurdles, you can gain extensive profits. 

Conclusion

Everyone wants to make extra money, but not everybody gets a legit platform to do so. Binary Option provides that platform to people across Brazil. With the best brokers to your rescue, you can invest safely. Unlike other financial instruments, binary option trading provides an extensive return on investment. But, before you step foot into the trading arena, we recommend you do proper market research about the assets and securities you want to invest in. 

Without appropriate knowledge, entering the binary option trading can be catastrophic. Brokers mentioned above also provide free demo accounts with virtual money for you to learn. Leverage them and prepare yourself for some real trading action. 

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