I am researching the best investment brokerages to start investing and found it interesting to see how the market has changed in 2026. It seems there are many more options now, from traditional banks to these more modern fintechs.

The context is quite different from years ago. The Selic rate is expected to fall to around 12% by the end of the year, and this is attracting a lot of foreign capital to the Brazilian stock market. Last January, over R$ 26 billion came in from abroad, which is kind of surreal. The Ibovespa is soaring because of this.

I started comparing the best investment brokerages and thought it’s worth listing the ones that make the most sense for beginners. MiTrade is interesting if you want to access global markets like international stocks, indices, and commodities through CFDs. The platform is very intuitive and offers a demo account to practice risk-free, which is cool.

For those who already have an account at Banco do Brasil, BB Investimentos is accessible, although it charges some fees (a fixed R$ 4.90 plus 0.02% variable). XP Investimentos is the one everyone knows, kind of ubiquitous in ads, and offers a huge catalog of products. The brokerage fee starts at R$ 2.90.

Now, if you want something cheaper, Toro is interesting because it doesn’t charge brokerage on stocks, which is rare. It’s part of the Santander group and is very user-friendly. Nu Invest (from Nubank) also offers many free services, especially for beginners. Clear is focused on the stock market and also doesn’t charge brokerage, which attracts more active traders.

BTG Pactual Digital is more for those looking for something premium, with a minimum brokerage fee of R$ 4.50. And there’s Órama too, which offers cool tools like an integrated income tax calculator.

What’s happening is that it’s becoming easier to start investing. Low minimum deposits, mobile platforms, educational support. I think 2026 is turning out to be a good year for those entering the market now, especially because interest rates might fall and open up more opportunities.

The question now is to choose which of the best investment brokerages makes the most sense for your profile. If you’re conservative, go for fixed income and funds. If you want more action, go for stocks and day trading. Each one has its own advantages.