Banco Central do Brasil
BCB · Brazil · Established 1964
Banco Central do Brasil (BCB) is the financial regulator of Brazil, established 1964. It caps retail leverage at 1:50, requires segregated client funds, and compensates clients up to BRL 250,000 if a firm fails.
Official register
Check a firm's licence yourself
What this licence gets you
The rules a firm has to follow to keep this licence. A dash means we hold no answer on file, which is not the same as a no.
- Maximum leverage, retail
- 1:50
- Maximum leverage, professional
- 1:100
- Compensation if the firm fails
- BRL 250,000
- Negative balance protection
- Not required
- Client funds held separately
- Required
- Hedging
- Permitted
- FIFO order closing
- Not mandatory
- Supervision covers
- Banking, Foreign Exchange, Payment Systems
- Body type
- Government
About BCB
Brazil's central bank regulates financial institutions and foreign exchange markets. Largest Latin American financial market.
- FGC protection
- Forex restrictions
- Growing fintech hub
No listed broker holds a BCB licence
None of the brokers in our database holds an active licence from this authority. That is a statement about our listings, not about the regulator.