The Best Prop Firms in Brazil for 2026, Compared

Why Brazilian traders pick FundedFast

An accessible entry at $49

The $5,000 2-Phase challenge costs $49, refunded on your first payout. FundingPips, FundedNext and E8 open below that figure, but the fee here comes back with your first withdrawal, and the bi-weekly FundedFast Open lets you trial the rules on a $100K virtual account without paying at all.

80% of the profit, up to 90%

The standard split is 80/20 in your favour; the 90/10 upgrade is a paid add-on sold on $50K+ One-Phase and $100K+ Two-Phase accounts at checkout, so it is not available on the $49 entry. Either way, your share is paid in USD or EUR via SWIFT, PayPal or crypto, so your earnings are not hostage to the real's volatility and you choose when, and whether, to convert to BRL.

No evaluation deadline

A 30-day deadline turns an evaluation into a race, and races produce rushed trades. The FundedFast challenge has no time limit, as is true of FTMO, FundingPips and E8 among the firms compared above, so you work toward the 10% target (1-Phase) or 8% plus 5% (2-Phase) at your own pace.

All assets in a single challenge

Forex majors and minors, indices (US500, NAS100, DAX) and commodities (gold, oil) run at up to 1:100 leverage (1:50 on the 1-Phase) in one MatchTrader account; exotic pairs are capped at 1:50 in both phases, and crypto CFDs sit in the same challenge at a maximum of 1:20 in both phases. The drawdown rules are identical across all of them, with no separate accounts per market.

Support and site in Brazilian Portuguese

The site, the terms of use, the account dashboard and customer support are all available in Brazilian Portuguese. No language barrier to open a ticket, understand a rule, dispute a trade or request a payout.

Testimonials from Brazilian traders

The testimonials from traders funded through FundedFast are collected on the site's testimonials page, with videos in several languages. Every account carries the trader's name and a date, so you can check the source rather than take our word for it.

The official FundedFast Discord is also a good place to meet other Brazilian traders, ask questions about the challenge, see recent payout screenshots shared by the community, and swap notes on strategy and trading psychology.

How prop trading payouts are taxed in Brazil

This is the most sensitive section for a Brazilian trader. FundedFast payouts arrive from abroad (Malta) and must be declared to the Receita Federal. Two main tax routes exist, depending on how you are set up.

As an individual (CPF)

For most traders, payouts are treated as foreign-source income received as an individual. Taxation follows the progressive IRPF table, from exempt up to 27.5%, collected monthly through Carnê-Leão by the last business day of the month after receipt. Entries go into the Receita Federal's Carnê-Leão program, and the assessed amounts then carry into the annual DIRPF return.

As a company (CNPJ)

Professional traders can open a CNPJ under Simples Nacional or Lucro Presumido and operate as a business. Depending on the annex, the CNAE code and annual revenue, the total burden can come in considerably below the individual's 27.5%. Each structure has requirements (a suitable CNAE, periodic filings, formal accounting) and not every profile benefits.

The annual income tax return

Whichever route applies, amounts received from abroad must appear in your annual personal income tax return, in the schedule for taxable income received from individuals or foreign sources. A monthly record of payouts (date, USD amount and the BRL value at the applicable Banco Central rate) keeps the filing clean.

Currency conversion under the PTAX rule

USD or EUR payouts convert to reais at the selling rate fixed by the Banco Central for the last business day of the first fortnight of the month before the month of receipt, per art. 16 of Instrução Normativa SRF 208/2002. It is not the PTAX of the day the money lands, and the difference changes the tax due: when the real weakens, your taxable base in reais rises even if the dollar amount is unchanged.

This content is informational and is not tax advice. Every situation is different and Brazilian tax law changes. Speak with a contador experienced in foreign income before making decisions.

Receiving your payout in Brazil

International wire (SWIFT)

The traditional route. Funds reach your Brazilian bank account in 2 to 5 business days, with 0.38% IOF on the FX conversion and an intermediary-bank fee (usually $20 to $50). It makes sense for larger payouts, where the fixed costs dilute.

PayPal

Available for USD or EUR payouts without touching the traditional banking rail. PayPal is usually quick but applies per-transaction limits, and its BRL conversion carries a spread. Check your account limits before picking this route.

Crypto (USDT or USDC)

The fastest route. Dollar-pegged stablecoin payouts land within hours, typically with no cost beyond network fees (Ethereum, Polygon, Tron or BNB Chain), and you convert to reais on the Brazilian crypto exchange you prefer, whenever you prefer.

Is FundedFast regulated in Brazil?

No. FundedFast is not a broker and takes no deposits to trade on real markets: the service is an educational, simulated evaluation on a demo account using the firm's virtual capital. Because there is no financial intermediation, no public offering of securities and no custody of third-party funds, our position is that the activity falls outside the CVM's statutory remit under arts. 1 and 2 of Lei 6.385/1976. That is a description of the regulatory perimeter, not legal advice, and the classification of prop-firm evaluations has not been tested by Brazilian authorities or courts.

The operation is run by Memento Enterprises Limited, based in Malta, an EU jurisdiction. Challenge capital is FundedFast's own simulated capital, and your payouts are paid by that Maltese entity in USD or EUR; in Brazil they are taxed as foreign-source income under the normal Receita Federal rules (see the tax section above).

In short: your relationship with FundedFast is that of a trader working in a professional simulator against a set of risk rules, paid for meeting them. It is not an investment account and not a brokerage, and there is no financial investment in the sense the CVM regulates. We are not regulated by the CVM or any other financial authority, so none of the protections that regulation provides apply to your purchase.