Best 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

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Below is a list of the top brokers that we recommend for PIX payments, based on our tests:

Tested with a live trading account Accepts traders from Japan Your capital is at risk. Trade only with funds you can afford to lose.

1. Our top pick in Japan
   1

   Axi

   3.7/ 5

   Visit Axi Read review
   • Demo account
   • Regulator: FCA, ASIC, FMA, DFSA, FSC
   • Platforms: Axi Copy Trading, MT4, AutoChartist
2. 2

   NAGA

   4.1/ 5

   Visit NAGA Read review
   • Demo account
   • Regulator: CySEC, FSCA, FSA, ADGM/FRSA
   • Min. deposit: $10-$250 (location and tier dependent)

Learn how we test brokers and why you can trust our ratings.

Here is a summary of why we recommend these brokers in October 2026:

1. Axi 3.7/5 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.
2. NAGA 4.1/5 NAGA is a German-headquartered social investing platform offering copy trading on thousands of financial markets including CFDs and real stocks. Founded in 2015, the company is publicly listed on the Frankfurt Stock Exchange and regulated in the EU, Middle East and globally. The firm offers an all-in-one web platform and mobile app, but traders can also synchronize their NAGA accounts with popular third-party software, including MT4 and MT5.

Compare The Best PIX Payment Brokers

Compare The Best PIX Payment Brokers

Broker	Minimum Deposit	Instruments	Platforms	Leverage
Axi	$0	CFDs, Forex, Stocks, Indices, Commodities, Crypto	Axi Copy Trading, MT4, AutoChartist	1:500
NAGA	$10-$250 (location and tier dependent)	CFDs on Forex, Indices, Shares, Commodities, Crypto, Real Stocks and Futures	NAGA Platform, NAGA App, MT4, MT5, TradingView, TradingCentral	1:30 (EU and Middle East, 1:1000 (Global)

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment

Broker	Our Users' Rating	Trustpilot Score	Trustpilot Reviews	iOS App Rating	Android App Rating
Axi	4.8 / 5	4.1 / 5	7999	3.6 / 5	4.2 / 5
NAGA	-	3.3 / 5	4112	4.3 / 5	3.2 / 5

Axi

3.7/ 5

Visit Axi Axi review

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, FSC

Platforms

Axi Copy Trading, MT4, AutoChartist

Minimum Deposit

$0

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CHF, PLN

Pros

• 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, which multiple traders have achieved.
• The growing educational resources in the Axi Academy, including free eBooks, video tutorials and notably interactive quizzes, are excellent for supporting beginner traders.
• Axi offers a terrific MT4 experience, enhanced with the NextGen plug-in for advanced order management and analytics, and complete with low execution latency of approximately 30ms.

Cons

• Despite performing well whenever we use it, Axi's support is unavailable 24/7, which can be inconvenient for traders in different time zones or those needing assistance outside standard trading hours.
• 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.
• 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.

Visit Axi Axi review

NAGA

4.1/ 5

Visit NAGA NAGA review

NAGA is a snug fit for beginners who like to learn by watching others, delivering a more advanced social trading network than the majority of CFD brokers, featuring a leaderboard with top traders by profit and win rate, and a one-tap autocopy function in the platform and app that’s a standout.

NAGA quick facts

Demo Account

✔Yes

Instruments

CFDs on Forex, Indices, Shares, Commodities, Crypto, Real Stocks and Futures

Regulator

CySEC, FSCA, FSA, ADGM/FRSA

Platforms

NAGA Platform, NAGA App, MT4, MT5, TradingView, TradingCentral

Minimum Deposit

$10-$250 (location and tier dependent)

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, PLN

Pros

• NAGA Group AG, the parent company, is listed on the Frankfurt Stock Exchange and publishes audited financial statements. This level of transparency is not available with privately held offshore brokers.
• During testing, we were approved to begin trading very quickly; after we provided our ID and proof of address, approval was granted the next business day, and the onboarding process included a suitability questionnaire — a responsible step that some brokers fail to include.
• NAGA stands out among social brokers for its wide range of assets, offering over 4,000 tradable options. These include forex pairs, stock, ETF, and index CFDs, commodity CFDs, crypto, and even exchange-traded futures, which are rare for retail clients.

Cons

• The $50 monthly inactivity fee is on the high end of the scale. It kicks in after two months of no activity, not every quarter like some brokers. If your balance falls below $50 while your account is inactive, NAGA takes whatever is left and closes your account.
• There are neither Raw nor ECN accounts available; the only means of securing competitive spreads is to advance through the VIP ladder by making a deposit of five figures, so traders who are sensitive to costs or who trade frequently must commit a large sum.
• NAGA’s pricing structure is tough on smaller accounts. There’s only one account type, but it has six tiers based on your deposit. The EUR/USD spread is about 1.7 pips at the Iron tier and drops to a competitive 0.9 pips at Diamond ($50,000 deposit) or 0.7 pips at Crystal ($100,000 deposit).

Visit NAGA NAGA review

How Did We Choose The Best Pix Brokers?

To list the top PIX brokers, we:

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.

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

Cons Of Using PIX Payment For Traders

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.