Best PIX Payment Brokers 2023

PIX is an innovative payment method specifically designed for the Brazilian market. The intuitive solution is an emerging deposit option among forex and stock trading brokers, as well as a range of online merchants. It simplifies the need for more timely Brazilian Reals (BRL) bank transfers via TED (Electronic Funds Transfer) or DOC (Credit Transfer Documents). This review will compare the PIX payment solution vs traditional BRL bank transfers and list the online brokers that accept PIX deposits.

PIX Payment Brokers

These are the 2 best brokers that accept PIX Payment deposits and withdrawals:

#1 - Axi

Axi is a global forex and CFD trading firm, trusted by investors around the world. Highly leveraged trading opportunities plus a $0 minimum deposit make it a popular broker with beginners and seasoned traders. Axi also stands out for its resources, including copy trading and Myfxbook.

Axi will appeal to forex traders in particular with more than 70 currency pairs, ultra-fast execution speeds and no restrictions on trading strategies, including EAs.

- DayTrading Review Team
  • Instruments: Forex, CFDs, indices, shares, commodities, cryptocurrencies
  • Regulator: FCA, ASIC, DFSA, FMA
  • Platforms: MT4
  • Min. Deposit: 0 $/€/£
  • Min. Trade: 0.01 Lots
  • Leverage: 1:30 - 1:400

Payment Methods

Axi accepts these 12 payment methods for deposits and withdrawals:

  • Boleto
  • Credit Card
  • Debit Card
  • FasaPay
  • JCB Card
  • Maestro
  • Mastercard
  • Neteller
  • PIX Payment
  • Skrill
  • Visa
  • Wire Transfer

CFD Trading

Trade CFDs with dynamic leverage on a multitude of markets, including forex, shares, indices and commodities. Raw spreads are available from 0 pips rivalling leading competitors.

Forex Trading

Axi offers a great selection of 70+ major, minor and exotic currency pairs. There are no restrictions on trading strategies and the broker boasts impressive spreads by connecting to 20 liquidity sources.

Stocks Trading

Trade over 100 US, UK and European stocks. There are zero commissions, long or short opportunities, and dividend paying equities available. Users can also turn to Autochartist to scan the stock market for signals.

Crypto Trading

Axi offers all the well-known cryptos paired with fiat currencies, other tokens and metals. High leverage up to 1:200 is available on digital currency trades and users can deploy various strategies, from scalping to position trading.


  • Award-winning brand with 60,000+ users
  • Highly regulated – traders can be assured the broker is not operating a scam
  • Stock CFDs in US, UK and European markets


  • Limited choice of trading platforms
  • Demo account expires after 30 days
  • Crypto CFDs are only available to professional clients

#2 - is a blockchain-based binary options trading platform with high payouts and no minimum deposit.

  • Instruments: Shares, Reverse Futures, Crypto, Forex, Commodities, Binary options, EPIC, CFD
  • Regulator: St. Vincent and the Grenadines
  • Platforms: Own
  • Min. Deposit: $0
  • Min. Trade: $1
  • Leverage: 1:40

Payment Methods accepts these 16 payment methods for deposits and withdrawals:

  • ADVcash
  • Bitcoin Payments
  • Boleto
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • FasaPay
  • Finrax
  • Neteller
  • PIX Payment
  • Paysafecard
  • Perfect Money
  • Skrill
  • UnionPay
  • Visa
  • Wire Transfer

CFD Trading

Zero Leverage Digital CFDs have a daily fee of approx. 1 pip

Forex Trading

Forex trading is available on major, minor and exotic currency pairs

Stocks Trading

20 equities are offered in the most well known companies

Crypto Trading

Trade some of the most well-known cryptos, including Bitcoin, Ethereum, and Litecoin


  • Multiple payment methods
  • Demo account
  • Low minimum deposit


  • Weak regulatory oversight
  • No MT4 integration
  • No copy trading

What Is PIX Payment?

PIX Payment is an instant payment gateway launched in November 2020. The solution was developed by the Central Bank of Brazil (BCB), enhancing the digitisation of money transfers in the country. Today, the method is integrated with many Brazilian financial institutions, including established fintech companies and trading brokers.PIX Payment System Stock Trading

The PIX payment method is expected to outpace current local credit transfers in Brazil, such as TED and DOC. It is estimated that by 2030, PIX is likely to account for almost 25% of all electronic payments in the country.

PIX Payment Fees

The PIX system charges no fees to individuals, though brokers with PIX Payment deposits and withdrawals may have their own processing rates. It is also worth checking for separate withdrawal fees before you open a live trading account. This is similar to BRL bank wire transfers.

BRL is not a commonly accepted account funding currency and exchange rate fees may therefore be applicable, impacting profits. Binance, however, does not have any deposit and withdrawal fees or limits for BRL bank transfers once KYC requirements have been met.


Transactions are confirmed instantly and processed to recipients within 2.5 seconds. The PIX payment method allows fund transfers 24/7, 365 days a year, even on weekends and public holidays.

With that said, this is subject to the broker’s own timelines, which can cause a delay in funds reaching trading accounts and not supporting the instant transaction advantage secured by the PIX Payment system.

Traditional Brazilian Reals bank transfers are processed on business working days only. These are typically accepted between 00:00 and 16:30 GMT -3 and can take up to three working days to receipt.


Transactions via PIX Payment are relatively safe and secure. Similar to BRL bank wire transfers, operations are carried out directly by the Central Bank of Brazil. PIX Payment follows all central bank regulations, meaning that your deposits and withdrawals to a trading account are protected with relevant levels of security. This includes fraud screening and anti-money laundering protocols.

Personal information sharing for PIX and BRL wire transfers is protected and encrypted by bank secrecy and by the General Data Protection Law.

A dynamic QR code is used to validate a PIX Payment and additional authentication keys can be utilised. This adds an extra layer of protection to your transactions and include linking biometrics or digital devices to passwords. QR codes are interoperable. Transaction receipts are generated for both the user and the recipient.

How To Make PIX Deposits & Withdrawals

Locate the PIX Payment logo within your online trading account portal. Scan the QR code displayed on your broker’s webpage or copy the PIX Payment code into your banking or mobile app. Confirm the receiver’s information is correct, enter the deposit amount and submit.

There are no minimum or maximum transaction limits set by the payment system, though this may vary between online brokers. PIX users also have the option to establish personal maximum parameters to reduce risk.

Bank wire transfers are generally accepted by all major global brokerages. BRL is not as commonly accepted as trading account base currencies such as USD, EUR and GBP, so a currency exchange may be required.

PIX Payment For BRL Trading Account Deposits And Withdrawals

Pros Of Using PIX Payment For Traders

Cons Of Using PIX Payment For Traders

Final Word On PIX Payment

PIX is a fast and secure payment initiative that provides cheap digital transactions to Brazilian traders. While it is currently subject to geographical limitations, global brokers may continue to adopt its services over traditional BRL bank transfers. Use our list of brokers that accept PIX deposits to get started.


How Do I Make A PIX Payment To My Trading Account?

Find the PIX Payment logo within your online trading account portal. Scan the QR code displayed on your broker’s webpage or copy the PIX payment code into your banking or mobile app. Confirm the receiver’s information is correct, enter the deposit amount and submit.

Can I Get A PIX Refund?

No, PIX does not offer payment refunds. This is not similar to the FBX payment solution offered to residents in Malaysia where payments can be refunded up to 60 days after the original payment.

Are PIX Payment Transfers Always Instant For Trading Account Funding?

PIX Payment supports instant transactions, available 24/7, 365 days a year. Your broker may have its own processing timelines, which could cause delays in deposits and withdrawals, so check your broker’s terms and conditions.

Is PIX Payment An International Service?

No, currently PIX is only a payment solution within the Brazilian market. Check to see if your broker accepts PIX Payment transfers before opening a live account.

What Are The Associated Fees To Make A PIX Deposit To A Trading Account?

The PIX Payment system does not charge fees to individuals, though brokers accepting PIX deposits and withdrawals may have their own processing rates. It is also worth checking for separate withdrawal fees.