We found 11 online brokers that are appropriate for Trading Brazilian Real Investment Platforms.
Following the global crisis of the Covid-19 outbreak, the Brazilian Real value has been falling significantly against the USD. BRL devaluation was among the worst in the Forex market, and the weakening was predicted to sustain in 2021. The low currency ROI and fiscal risks would likely extend the weak BRL situation. The stimulus packages for the outbreak crisis create the fiscal risks that keep the currency devaluation.
Some factors contribute to the possible sustained weak BRL where some of them are assumptions. The country's economy won't fully recover in 2021, not after the drastic fall and the ongoing pandemic. The central bank won't raise the interest rates to an attractive level for investors to bring the capital back into the country. What is interesting for foreign investors is when the BRL can return to five per USD. The sentiment also targets the Brazilian environmental policies despite the fiscal risks.
In the last days of 2020, the Brazilian Real only outperformed the Argentine Peso by recording a devaluation of 29% against the USD. Even the assumed recovery and rises place the BRL in a low position. For example, the emerging currencies in Asia are predicted to rise by around 3 per cent while the Brazilian Real only 1.4% against the United States Dollar. The gaps will widen if the BRL's expected rise is compared to the South African Rand, Russian Ruble, and Mexican Peso.
Even though the Brazilian Real will experience strengthening in 2021, it won't show significant performance, which is the worst among the major emerging currencies. The fair value of the BRL is around 4.5 per USD, but the currency is far below that level. As you might have known, the exchange rate model takes different factors into account to get the so-called fair value, including exchange, commodity prices, interest & growth differentials, and so forth.
We're given a fair value number, but is it possible for the BRL to achieve that level by 2024? That would only be possible if there is a cycle of high-interest rates from the central bank. It's because the BRL exchange rate has an average misalignment of 34%. That has settled the BRL's largest historical misalignment that required a lot of effort to correct.
At this point, what's the stepping stone to reach such a high-interest rate level? In 2021, the Brazilian interest rate is predicted to be around 3 per cent, with a predominantly basic interest rate of 2 per cent. Compared to emerging currencies, that's the lowest interest rate, even outperformed by the competitor, South Africa, with 3.5%. Russia, Mexico, and South Africa are Brazil's strongest contending countries to attract foreign capital. Brazil's interest rate is outperformed by all of them.
Brazil is a trade favourite reversed to a Selic rate country for two years straight. It's simply because of the decreasing interest rates of Brazil to 2% from the superior 7%. The BRL's limited gain is also caused by the smaller economic growth and the halted commodities rally. These factors certainly drive fiscal consequences that Brazil should deal with in 2021.
The fair value of the BRL 4.5 per USD is an unrealistic goal to achieve in 2021. UBS offers a more realistic projection for Brazilian Real to strengthen the BRL 4.95 per USD in Q4 2021. Brazil's GDP was predicted to experience a drop of around 0.7% in Q1 2021. Assuming the drops are extended, it would worsen the case as the aid was stopped at the end of 2020. The government provided financial aid for impacted workers during the pandemic, and this package return would be under greater pressure if the Q1's contraction were stronger. It could also create political tension that may halt the BRL to grow further in the recovery year.
Not all parties are pessimistic towards the Brazilian Real's performance in 2021. Departing from the USD perspective, the fair value of the BRL 4.6 per USD is realistic enough for some people. A reasonable value of the BRL 4.15 per USD is waiting in 2024 according to the optimistic school that believes the appreciation of the BRL in 2024-2024.
The argument is quite legit even though classical at the same time. The optimistic views on the BRL's appreciation took several factors and events into account as well. These views assume that the trade war is highly escalated. Joe Biden is elected to embark on multilateralism reestablishment and the passed Brexit bill. According to some economists, these particular events are the key factors that can drive the return of foreign capital to the country that would engage the appreciation.
The appreciation of the BRL can only be achieved with a comprehensive approach. Despite external factors previously mentioned, the country must reduce the fiscal risks and tighten its belts to bring the premiums down to where the BRL can strengthen. At this point, structural reform in government spending must employ changes to certain levels for the sake of the Brazilian Real's appreciation in 2021.
We have conducted extensive research and analysis on over multiple data points on Weak Brazilian Real to present you with a comprehensive guide that can help you find the most suitable Weak Brazilian Real. Below we shortlist what we think are the best Brazilian Real Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Weak Brazilian Real.
Selecting a reliable and reputable online Brazilian Real Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Brazilian Real Investment Platforms more confidently.
Selecting the right online Brazilian Real Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Brazilian Real Investment Platforms trading, it's essential to compare the different options available to you. Our Brazilian Real Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Brazilian Real Investment Platforms broker that best suits your needs and preferences for Brazilian Real Investment Platforms. Our Brazilian Real Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Brazilian Real Investment Platforms.
Compare Brazilian Real Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Brazilian Real Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Brazilian Real Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Brazilian Real Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Brazilian Real Investment Platforms that accept Brazilian Real Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 935,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 74-89 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Brazilian Real Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Brazilian Real Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Brazilian Real Investment Platforms below.
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