Zero Fee Brokers in 2025: The 10 Best for Brazilian Investors

Hello, everyone! I'm tired of seeing my money go away with outrageous fees for every transaction I make. That's why I researched the best zero-fee brokerage options for 2025 and decided to share my experience with you.

1. MiTrade – The Best Option with Zero Fees in 2025

I have been using Mitrade for a few months now and I must say it maintains its leadership with zero fees on CFDs, Forex, and cryptocurrencies. The best part? It now has Pix for instant deposits! The AI tools for market analysis in Portuguese have helped me a lot.

Products:

• Forex
• Commodities (gold, oil)
• International actions
• Indices like S&P 500
• Cryptos

✅ What I liked:

• Simple interface ( even when I was lost I was able to trade )
• Competitive spreads
• Execution without delay

❌ Not that cool:

• The educational material leaves something to be desired
• Some important assets are missing

2. eToro – For those who want B3 without fees

eToro has expanded its operations in Brazil and now offers Brazilian stocks with zero fees. I use copy trading and ETFs a lot, but sometimes the platform freezes a bit.

Products:

• National and foreign stocks
• ETFs
• Commodities and CFDs
• Cryptocurrencies

✅ What works:

• Social platform where I see what others are investing
• Zero commission on real stocks
• App in Portuguese and accepts Pix

❌ Problems:

• Confusing for those who are just starting out
• They charge commissions on CFDs and crypto

3. Revolut – For fractional and small amounts

I use Revolut as a bank and now also as a brokerage. It offers fractional shares and ETFs with zero commission on premium accounts. The interface is modern and I can access it with my CPF normally.

✅ Positive points:

• No fees on paid accounts
• Super intuitive app
• You can invest with just R$10

❌ Limitations:

• There is no forex or derivatives
• Good features are trapped in paid accounts

4. Interactive Brokers – For more technical investors

This is for those who already know. IB has stocks, funds, ETFs, and options with zero commission for American stocks. I use it when I want to trade something more specific that others do not offer.

✅ I like it a lot:

• Ridiculously low fees
• Powerful platform
• Incredible variety of markets

❌ Annoying:

• Interface that looks like a 90s system
• Practically nothing in Portuguese

5. AvaTrade – CFDs without fees and stability

AvaTrade has more than 1,000 assets with zero commission and rarely goes down. I often use AvaTradeGO for quick operations on mobile.

✅ Advantages:

• Decent spreads
• You can use leverage and bots
• No commission

❌ Limitations:

• Only CFDs, no real assets
• Some assets require MetaTrader ( which is a pain to set up)

6-10. Other interesting options

Eightcap: With over 900 assets and zero commission on CFDs and forex. Good for those using TradingView.

Pepperstone: Has zero commission on the Standard account and competitive spreads. Accepts PayPal!

Exness: Earned my respect with very low spreads and fast execution.

IG Markets: Offers thousands of assets at zero cost and an unlimited demo account.

IC Trading: Partner of IC Markets with reduced spreads and no fixed fees.

Why invest with zero-fee brokers?

Honestly? Because fees are theft! After I started using these zero-fee brokers, my results improved significantly, especially in day trading. Of course, they make money on spreads, but still, it's much more advantageous.

I tried several of these options, and for me, MiTrade and eToro were the best to start with - less intimidating interfaces and decent support. But be careful, "zero fee" is not always completely free - some charge a higher spread or hidden withdrawal or inactivity fees.

If you want to trade Brazilian stocks, eToro, Revolut, and Interactive Brokers already offer access to B3 without fees, depending on your plan.

I hope I helped! If you have any questions, just ask.