PIX Payment Brokers 2026
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 best online brokers that accept PIX deposits.
Best PIX Payment Brokers
Below is a list of the top brokers that we recommend for PIX payments, based on our tests:
-
1
Pepperstone75-95% of retail investor accounts lose money when trading CFDs -
2
Eightcap71% of retail traders lose money when trading CFDs -
3
FBS -
4
Axi -
5
BDSwiss -
6
TopFX
This is why we think these brokers are the best in this category in 2026:
- Pepperstone - Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.
- Eightcap - Eightcap is a multi-regulated forex and CFD broker established in Australia in 2009. The broker has proven popular with active day traders, providing 800+ instruments with tight spreads and notable improvements in recent years, integrating the leading TradingView platform, alongside AI-powered financial calendars and algo trading tools with zero coding experience required.
- FBS - Founded in 2009, FBS is an award-winning CFD broker operating in over 150 countries with a client base exceeding 27 million traders. Traders are supported at every stage of their journey with 24/7 assistance, market analytics, trading calculators, and competitive pricing with zero commissions.
- Axi - Established in 2007, Axi is a multi-regulated forex and CFD broker that has made strides to improve its trading experience over the years, from expanding its suite of stocks and upgrading the Axi Academy to launching its own copy trading app.
- BDSwiss - Established in 2012, BDSwiss is an award-winning forex and CFD broker, offering over 900 instruments to clients in over 180 countries. With fresh account options, dynamic leverage and AI-powered tools added, BDSwiss offers a well-rounded day trading package.
- TopFX - TopFX, a Cyprus-headquartered company, has been an instrumental player in the financial services industry since its establishment in 2010, earning a solid reputation as a reliable broker for active traders. Initially, the company offered liquidity services to institutional clients, including hedge funds, banks, and brokers. However over the years, TopFX has grown to include retail traders in its clientele. It was one of the first brokers in the world to offer cTrader, a testament to its commitment to innovation.
Compare The Best PIX Payment Brokers
| Broker | Minimum Deposit | Instruments | Platforms | Leverage |
|---|---|---|---|---|
| Pepperstone | $0 | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting | MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower | 1:30 (Retail), 1:500 (Pro) |
| Eightcap | $100 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | MT4, MT5, TradingView | 1:500 |
| FBS | $5 | CFDs, Forex, Indices, Shares, Commodities | FBS App, MT4, MT5 | 1:30 (EU & Restricted Countries), 1:3000 (Global) |
| Axi | $0 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | Axi Copy Trading, MT4, AutoChartist | 1:500 |
| BDSwiss | $10 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | BDSwiss WebTrader, MT4, MT5, AutoChartist, TradingCentral | 1:2000 |
| TopFX | $50 | CFDs, Forex, Shares, Indices, Metals, Energies, ETFs, Cryptocurrency | MT4, MT5, cTrader, AutoChartist, TradingCentral, Quantower | 1:500 |
Pepperstone
"Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support."
Christian Harris, Reviewer
Pepperstone Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting |
| Regulator | FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB |
| Platforms | MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower |
| Minimum Deposit | $0 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail), 1:500 (Pro) |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
Pros
- Pepperstone has scooped multiple DayTrading.com annual awards over the years, most recently 'Best Overall Broker' in 2025 and 'Best Forex Broker' runner up in 2025.
- There’s support for a range of industry-leading charting platforms including MT4, MT5, TradingView, and cTrader, catering to various short-term trading styles, including algo trading.
- Now offering spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools.
Cons
- Pepperstone does not support cTrader Copy, a popular copy trading feature built into the excellent cTrader platform and available at alternatives like IC Markets, though it has introduced an intuitive copy trading app.
- Pepperstone’s demo accounts are active for only 30 days, which may not be not long enough to familiarize yourself with the different platforms and test trading strategies.
- Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers who focus on this area, with no option to invest in real coins.
Eightcap
"Eightcap delivers in every area for day traders with a growing selection of charting platforms, education via Labs, and AI-powered tools. Now sporting 120+ crypto CFDs, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row."
Eightcap Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Regulator | ASIC, FCA, CySEC, SCB |
| Platforms | MT4, MT5, TradingView |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:500 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, SGD |
Pros
- Having excelled across all key areas for day traders, Eightcap outperformed every competitor to win our 'Best Overall Broker' award for 2024, also securing our 'Best Crypto Broker' title for 2025 and 'Best TradingView Broker' for 2025.
- With tight spreads from 0 pips, low commission fees, and high leverage up to 1:500 for certain clients, Eightcap provides cost-effective and flexible trading conditions that can accommodate an array of strategies, including day trading and scalping.
- After bolstering its roster in 2021, Eightcap offers one of the most extensive selections of cryptocurrency CFDs in the market, with crypto/fiat pairs, crypto/crypto pairs, plus crypto indices for broader exposure to the market.
Cons
- In spite of an increasing variety of tools, Eightcap doesn't offer industry favorites like Autochartist or Trading Central, which offer cutting-edge charting analytics, live news, and market insights for short-term traders.
- The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.
- Eightcap needs to continue bolstering its suite of 800+ instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.
FBS
"FBS is an excellent choice for day traders at every level and budget, with just a $5 minimum deposit and intensive academy for aspiring traders alongside access to MT4, MT5 and highly leveraged trading opportunities up to 1:3000 for experienced traders."
FBS Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Indices, Shares, Commodities |
| Regulator | ASIC, CySEC, FSC |
| Platforms | FBS App, MT4, MT5 |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (EU & Restricted Countries), 1:3000 (Global) |
| Account Currencies | USD, EUR |
Pros
- FBS strikes the balance between robust features and ease of use, with a sign-up process taking <10 minutes, an intuitive app, advanced research through Market Analytics & more recently VIP Analytics, plus immersive education through the FBS Academy and Trader’s Blog.
- 24/7 customer support that performed excellently during testing is available, alongside a $5 minimum deposit, high leverage options, and a huge variety of 200+ funding options, making it ideal for traders with small accounts.
- FBS offers lightning-fast execution speeds from just 10 milliseconds, placing it among the industry leaders for highly active traders like scalpers who demand rapid order processing.
Cons
- Although the FBS app offers a terrific mobile trading experience for aspiring traders and MT4/MT5 cater to advanced traders, the absence of cTrader and TradingView, which are increasingly offered by alternatives like Pepperstone, will deter day traders familiar with these platforms.
- Investor protection is only available for clients within the EU, meaning global traders may not be protected if their account goes negative, significantly increasing the risk to your funds.
- Despite enhancing the selection of currency pairs, now providing over 70, FBS still trails industry leaders like BlackBull Markets in its market offering with a particularly narrow selection of commodities and indices.
Axi
"Axi is a stand-out option if you want to day trade forex on the MetaTrader 4 platform thanks to the broker’s growing selection of 70+ currency pairs, the MT4 NextGen upgrade, and tight spreads from just 0.2 pips if you opt for the Pro account."
Axi Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Regulator | FCA, ASIC, FMA, DFSA, SVGFSA |
| Platforms | Axi Copy Trading, MT4, AutoChartist |
| Minimum Deposit | $0 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:500 |
| Account Currencies | USD, EUR, GBP, CHF, PLN |
Pros
- The growing educational resources in the Axi Academy, including free eBooks, video tutorials and notably interactive quizzes, are excellent for supporting beginner traders.
- Advanced traders can now sign up for the Axi Select funded trader program through the broker’s offshore entity, providing funding up to $1 million with a 90% profit share.
- Axi's latest copy trading app is really intuitive based on our tests with useful filtering options to match strategies with individual risk preferences.
Cons
- Despite bolstering its stock CFDs in US, UK and EU markets, it’s still nowhere near as extensive as firms like BlackBull which offer thousands of equities for diverse opportunities.
- Axi is falling behind by only offering MT4 when many rivals now support MT5, cTrader, TradingView and proprietary software for a slicker experience with more advanced tools.
- Axi still has our confidence but issues with the ASIC and FMA in recent years mean it needs to continue providing a secure environment while adhering to licensing conditions.
BDSwiss
"BDSwiss will suit day traders in search of fast execution, with 68.3ms median execution speeds, dynamic leverage up to 1:2000, and powerful charting tools. The catch is the dwindling regulatory oversight in recent years. "
BDSwiss Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Regulator | FSC, FSA, SCA, MISA |
| Platforms | BDSwiss WebTrader, MT4, MT5, AutoChartist, TradingCentral |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:2000 |
| Account Currencies | USD, EUR, GBP |
Pros
- With support for MT4, MT5, and its own app, BDSwiss ensures its platforms offer advanced charting tools, Autochartist and Trading Central integration, and seamless mobile access.
- BDSwiss caters to a wide range of traders by offering Cent, Classic, VIP, and Raw accounts. Beginners can start with lower-risk Cent accounts, while experienced traders can benefit from VIP or Raw accounts that offer lower spreads and tighter spreads and commissions for high-volume trading.
- BDSwiss offers fast and reliable execution, with median execution speeds of 68.3ms, no requotoes or rejections, and 74.8% zero or positive slippage during our latest evaluations.
Cons
- While the growing 900+ asset range is solid, specific categories, like cryptocurrencies and stocks, have fewer options than brokers offering thousands of shares or a more diverse crypto portfolio. Advanced traders looking for niche assets might feel constrained.
- After surrendering its CySEC (Cyprus) and FCA (UK) licenses, BDSwiss no longer accepts clients from the EU and UK. This limits its access to traders in highly regulated markets, reducing its appeal in those regions where stringent oversight might be a priority for users.
- The BDSwiss WebTrader lacks customization, with no window resizing and no asset-specific filters for trading ideas, making for a limiting and frustrating user experience during testing.
TopFX
"TopFX is a strong choice for day trading due to ultra-low latency with execution times under 25 milliseconds. It also offers access to advanced charting platforms, MT4 and cTrader, with tight spreads and low commissions that can significantly reduce costs for active traders."
TopFX Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Shares, Indices, Metals, Energies, ETFs, Cryptocurrency |
| Regulator | CySEC, FSA, BVI |
| Platforms | MT4, MT5, cTrader, AutoChartist, TradingCentral, Quantower |
| Minimum Deposit | $50 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:500 |
| Account Currencies | USD, EUR, GBP |
Pros
- TopFX has finally added MT5, offering reliable integration with a robust charting and tooling package for multi-asset traders seeking the latest software from MetaQuotes.
- TopFX continues to deliver first-class support following years of real-money trading with responses on live chat in minutes and email replies in 24 hours for technical assistance.
- Active traders get excellent trade execution with speeds under 25ms, combined with consistent pricing, no slippage or requotes, and fast deposits and withdrawals during testing.
Cons
- Despite a growing selection of 600+ instruments, you can't invest directly in real assets, such as stocks, ETFs, and crypto, and TopFX does not offer interest on uninvested cash like alternatives such as IBKR.
- Although it produces in-house market analysis content, notably the Daily Market Digest, and includes Autochartist and Trading Central, the woeful educational offering is limiting for beginners, especially compared to category leaders like XTB.
- TopFX supports three platforms (cTrader, MT4 and MT5), but there's no option to trade on the increasingly popular TradingView. The lack of a proprietary platform for beginner traders is also an entry barrier.
How Did We Choose The Best Pix Brokers?
To list the top PIX brokers, we:
- Searched our database of 500 online platforms, identifying all those that accept PIX payments
- Checked that they support PIX deposits and withdrawals for day trading
- Ranked them by their overall score, combining 100+ data entries with our personal insights
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.
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.
Speed
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.
Security
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 Deposit Using PIX Payment
The process varies a little depending on the broker. At Eightcap, for example, head to the deposit section in your client portal and select PIX.
Scan the QR code 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.
Pros Of Using PIX Payment For Traders
- Availability – Payment confirmation and value compensation in real-time, with an average of 2.5 seconds. The solution offers 24/7 transactions, including on weekends and public holidays
- Secure – The PIX Payment method is fully digitised, works with interoperable QR codes and allows multi-factor authentication keys to be added for additional transfer protection
- Intuitive – PIX creates a simple customer journey. Users don’t need a bank account to pay with this solution. Utilise payments between participating institutions like a digital wallet, including Google Pay, to a registered broker
- No charges – The PIX payment solution charges no fees to individuals vs traditional bank transfer methods like DOC and TEF, which may incur a fee. Always check your broker’s terms and conditions before opening a live account
Cons Of Using PIX Payment For Traders
- No cancellations – Transactions cannot be cancelled once processed. As this happens almost instantly, it is difficult to gain compensation
- Limited countries – The payment method is currently only available to residents of Brazil. This rules out global traders being able to use the method. However, international brokerages can still accept PIX payments
Is PIX Payment Good For Day Trading?
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.
FAQ
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.
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 For Traders?
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.