PIX Payment Brokers 2025
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:
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1
Deriv
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$50.01 Lots1:1000MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSACFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFsDeriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingViewNeteller, Visa, Skrill, WebMoney, FasaPay, Perfect Money, Diners Club, Banxa, Paytrust, Wire Transfer, Mastercard, Credit Card, JCB Card, Sticpay, Trustly, Volet, Paysafecard, AstroPay, Maestro, Airtm, Boleto, JetonCash, Przelewy24, Bitcoin Payments, PIX Payment, Airtel, M-PesaUSD, EUR, GBP -
2
PepperstoneCFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.8% of retail investor accounts lose money when trading CFDs.
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$00.01 Lots1:30 (Retail), 1:500 (Pro)FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCBCFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread BettingMT4, MT5, cTrader, TradingView, AutoChartist, DupliTradeVisa, Mastercard, Credit Card, Debit Card, PayPal, Wire Transfer, POLi, UnionPay, BPAY, Neteller, Skrill, PIX Payment, Apple Pay, Google WalletUSD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD -
3
Eightcap
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$1000.01 Lots1:500ASIC, FCA, CySEC, SCBCFDs, Forex, Stocks, Indices, Commodities, CryptoMT4, MT5, TradingViewNeteller, Skrill, Visa, UnionPay, Credit Card, Debit Card, Bitcoin Payments, Wire Transfer, FasaPay, BPAY, PayPal, Dragonpay, PIX PaymentUSD, EUR, GBP, CAD, AUD, NZD, SGD -
4
FBS
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$50.01 Lots1:30 (EU & Restricted Countries), 1:3000 (Global)ASIC, CySEC, FSCCFDs, Forex, Indices, Shares, CommoditiesFBS App, MT4, MT5Visa, Neteller, Skrill, Wire Transfer, Rapid Transfer, Mastercard, Credit Card, AstroPay, Maestro, Debit Card, Doku Wallet, FasaPay, Perfect Money, Sticpay, M-Pesa, JCB Card, Bitwallet, PIX PaymentUSD, EUR -
5
Axi72.4% of retail investor accounts lose money when trading CFDs with this provider
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$00.01 Lots1:500FCA, ASIC, FMA, DFSA, SVGFSACFDs, Forex, Stocks, Indices, Commodities, CryptoAxi Copy Trading, MT4, AutoChartistNeteller, Skrill, Credit Card, Debit Card, Visa, Mastercard, JCB Card, Wire Transfer, FasaPay, PIX Payment, Maestro, Boleto, Giropay, Sofort, POLi, BPAY, iDeal, Alipay, AirtelUSD, EUR, GBP, CHF, PLN -
6
BDSwiss
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$100.01 Lots1:2000FSC, FSA, SCA, MISACFDs, Forex, Stocks, Indices, Commodities, CryptoBDSwiss WebTrader, MT4, MT5, AutoChartist, TradingCentralSofort, Mastercard, Credit Card, Bitcoin Payments, Wire Transfer, M-Pesa, PIX Payment, Debit Card, Skrill, Neteller, AstroPay, Airtel, VisaUSD, EUR, GBP -
7
TopFX100% Universal Bonus T&Cs Apply
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$500.01 Lots1:500CySEC, FSACFDs, Forex, Shares, Indices, Metals, Energies, ETFs, CryptocurrencyMT4, cTrader, AutoChartist, TradingCentralVisa, Mastercard, Debit Card, Credit Card, Wire Transfer, Swift, Apple Pay, Google Wallet, Skrill, Neteller, Bitcoin Payments, Ethereum Payments, Perfect Money, Dragonpay, M-Pesa, FasaPay, PIX Payment, Sticpay, Bitwallet, Przelewy24, Sofort, iDealUSD, EUR, GBP
Here is a short overview of each broker's pros and cons
- Deriv - Established in 1999, Deriv is an innovative broker now serving over 2.5 million global clients. The firm offers CFDs, multipliers and more recently accumulators, alongside its proprietary derived products which can't be found elsewhere, providing flexible short-term trading opportunities.
- 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.
PIX Payment Brokers Comparison
| Broker | Minimum Deposit | Instruments | Platforms | Leverage |
|---|---|---|---|---|
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$5 | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs | Deriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView | 1:1000 |
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$0 | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting | MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade | 1:30 (Retail), 1:500 (Pro) |
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$100 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | MT4, MT5, TradingView | 1:500 |
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$5 | CFDs, Forex, Indices, Shares, Commodities | FBS App, MT4, MT5 | 1:30 (EU & Restricted Countries), 1:3000 (Global) |
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$0 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | Axi Copy Trading, MT4, AutoChartist | 1:500 |
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$10 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | BDSwiss WebTrader, MT4, MT5, AutoChartist, TradingCentral | 1:2000 |
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$50 | CFDs, Forex, Shares, Indices, Metals, Energies, ETFs, Cryptocurrency | MT4, cTrader, AutoChartist, TradingCentral | 1:500 |
Deriv
"Deriv is ideal for active traders seeking alternative and unique ways to speculate on global financial markets, from multipliers and accumulator options to its bespoke synthetic indices, which mimic real market movements and are available 24/7, allowing for continuous trading opportunities regardless of market hours."
Christian Harris, Reviewer
Deriv Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs |
| Regulator | MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA |
| Platforms | Deriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP |
Pros
- Account funding is a breeze with a very low minimum deposit of $5 and a huge selection of payment options, plus Tether was added to the cashier in 2023.
- Deriv stands out with its innovative products, from multipliers and derived indices to its addition of accumulator options, providing exclusive short-term trading opportunities.
- Although response times trail alternatives in our personal experience, Deriv offers 24/7 support and is one of the few brokers to offer WhatsApp assistance.
Cons
- While the Academy launched in 2021 is a step in the right direction, there is limited education on advanced trading topics for seasoned traders and no live webinars to upskill new traders.
- Apart from the MFSA in the EU, Deriv lacks top-tier regulatory credentials, reducing the level of safeguards like access to investor compensation.
- Although there’s a basic blog, there's little in terms of technical analysis or market reports which could help active traders identify potential opportunities.
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."
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 |
| 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 greatly improved the deposit and withdrawal experience in recent years, adding Apple Pay and Google Pay in 2025, as well as PIX and SPEI for clients in Brazil and Mexico in 2024.
- 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.
- Pepperstone emerges as a low-cost broker, especially for serious day traders with spreads from 0.0 in the Razor account and rebates of 25%+ through the Active Trader program.
Cons
- Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers such as eToro, with no option to invest in real coins.
- 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.
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.
- Eightcap stands out with a selection of powerful trading tools and resources, including MT4 and MT5, the innovative algorithmic trading platform Capitalise.ai, and more recently the 50-million strong social trading network TradingView.
- 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
- Despite a useful library of educational guides and e-books in Labs, Eightcap still trails IG’s comprehensive toolkit for aspiring traders with its dedicated IG Academy app and 18 course categories.
- 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 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
- The trading firm has picked up over 90 awards and amassed more than 27 million clients, making it one of the largest and most established brokers globally.
- 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.
- 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.
Cons
- 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.
- 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.
- 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.
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
- Axi's latest copy trading app is really intuitive based on our tests with useful filtering options to match strategies with individual risk preferences.
- 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.
- 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.
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.
- 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 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
- BDSwiss had made strides to enhance its trading services, notably through its AI-enabled trend analysis tool added in 2021, plus a low spread account and dynamic leverage up to 1:2000 introduced in 2023.
- 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.
- 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.
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
| Bonus Offer | 100% Universal Bonus T&Cs Apply |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Shares, Indices, Metals, Energies, ETFs, Cryptocurrency |
| Regulator | CySEC, FSA |
| Platforms | MT4, cTrader, AutoChartist, TradingCentral |
| Minimum Deposit | $50 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:500 |
| Account Currencies | USD, EUR, GBP |
Pros
- TopFX is committed to supporting a diverse range of day traders, including those who prefer manual, algorithmic, and strategy-based trading with a choice of three flexible accounts (Zero, Raw and VIP).
- Active traders get reliable trade execution with speeds under 25ms, combined with consistent pricing, no slippage or requotes, and fast deposits and withdrawals during testing.
- 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.
Cons
- TopFX supports only two platforms (cTrader and MT4), so there's no option to trade with MT5 or the increasingly popular TradingView. The lack of a proprietary platform for beginner traders is also an entry barrier.
- 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.
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.