Best Brokers in Latin America 2025: Comparison of Trading Platforms

In recent years, the trading market in Latin America has seen a significant boom. More and more traders in countries such as Brazil, Mexico, Colombia and Argentina are looking for reliable platforms to start investing in foreign exchange markets, stocks, cryptocurrencies and more.

However, choosing the right broker can be difficult, especially for those who are taking their first steps in the world of trading.

In this article, we compare the most popular brokers in Latin America for 2025, analyzing their advantages, disadvantages and user opinions. In particular, we will emphasize Hapi, a broker that has gained wide acceptance among Latin American traders for its focus on the region.

Comparison of Brokers in LATAM 2025

Platform Growth Since Its Inception

What is the Best Broker for Investing in Latin America?

When choosing a broker for traders in Latin America, users are looking for platforms with good customer support, local payment options, a intuitive platform, competitive rates And a wide range of assets. To help traders make an informed decision, we've put together the pros and cons of the main brokers operating in LATAM.

1. Hapi: The Favorite Broker of Latin American Traders

Hapi has quickly positioned itself as one of the most recommended brokers for traders in Latin America. With a platform easy to use And a customer support in Spanish and Portuguese, Hapi has managed to stand out among the competition. Many users highlight the simplicity of your platform and your low commission, making it an excellent option for those who are just starting out in trading.

User reviews:

• Juan from Colombia: “It's a very easy to use broker. I can make deposits from my bank account without complications. The support is amazing, they always respond quickly.”
• Ana from Mexico: “What I like most about Hapi is that it has a clear focus on LATAM. The interface is intuitive and the account opening process was very quick.”

Pros of Hapi:

• Support in Spanish and Portuguese, ideal for LATAM traders.
• Competitive spreads, allowing traders to keep their costs low.
• Reliable regulation, providing security for user funds.
• Local payment methods (bank transfers, electronic wallets), facilitating the deposit and withdrawal of funds.

Cons of Hapi:

• Limited recognition outside of LATAM, which may raise doubts among traders in other markets.
• Some advanced features they might not be as comprehensive for more experienced traders.

User rating: ⭐⭐⭐⭐

Ideal for: Novice traders and those looking for a platform Localized, easy to use and with low fees.

2. Trii: Local Colombian Broker with an Educational Focus

Trii, a Colombian broker, has gained popularity for its focus on financial education And the simplicity of their platform. Many beginning traders in Colombia value the free education that the broker offers, as well as the fact that it complies with local regulation. Although his Asset offering is more limited compared to other international brokers, it is an excellent option for those who are taking their first steps.

User reviews:

• Carlos de Bogota: “The education offered by Trii is what convinced me. I have learned a lot about trading and the explanations are clear and easy to understand.”
• María de Medellin: “I recommend it to those who are just starting out. It's not the most advanced platform, but its service is reliable.”

Pros of Trii:

• Educational approach, with free resources and seminars for novice traders.
• Local regulation in Colombia, which gives confidence to the country's users.
• Support in Spanish, which makes it easier to resolve doubts.

Cons of Trii:

• Limited supply of assets compared to international brokers (mainly stocks and some funds).
• Simple platform, which might not be enough for more advanced traders.

User rating: ⭐⭐⭐⭐

Ideal for: Newbie traders in Colombia What are they looking for upbringing about trading and an easy-to-use platform.

3. XTB: Global Broker with Presence in LATAM

XTB is one of the best-known brokers in the world, with a solid presence in Latin America. XTB offers a complete and accessible platform, known as xStation, which has advanced technical analysis tools and a variety of assets such as forex, stocks and Cryptocurrencies. Although many users appreciate the variety of financial instruments, some traders find that the commissions may be higher than other brokers.

User reviews:

• Sofia from Brazil: “I love the xStation platform, it's quite comprehensive. The only thing I don't like very much are the Spreads on some assets.”
• Ricardo from Argentina: “He's a good broker, although I think the retirement commission is higher than expected.”

Pros of XTB:

• Advanced platform and technical analysis tools such as xStation.
• Variety of assets: forex, cryptocurrencies, stocks, indices, etc.
• Support in Spanish and other languages.

Cons of XTB:

• Higher Spreads compared to other brokers.
• Additional Fees for certain payment methods and withdrawals.
• La platform It may turn out complex for novice traders.

User rating: ⭐⭐⭐⭐

Ideal for: Intermediate traders looking for a advanced platform With a wide range of assets.

4. eToro: The Social Broker for Investing and Copying Strategies

eToro has revolutionized the concept of Social trading, allowing users to copy the strategies of other successful traders. This platform is very popular with novice traders who want to learn and replicate expert strategies. However, some users have mentioned that the commissions are higher than other brokers.

User reviews:

• Luis from Chile: “The good thing about eToro is that you can copy the strategies of successful traders. It's ideal for learning, but the commissions are somewhat high.”
• Isabela from Peru: “The social platform I think it's interesting, but the transaction costs sometimes they demotivate me.”

Pros of eToro:

• Social platform where traders can copy the best investors.
• Wide range of cryptocurrencies and assets.
• Easy to use for beginner traders.

Cons of eToro:

• High commissions in some transactions and assets.
• Limited stock offering in some LATAM countries.
• Not ideal for advanced traders who are looking for advanced technical analysis tools.

User rating: ⭐⭐⭐⭐

Ideal for: Novice traders looking for Social trading and an easy-to-use platform.

Comparison Chart: Broker Growth and Performance in Latin America

Conclusion: The Best Broker in LATAM 2025

Choose the best broker within Latin America depends on your personal needs as a trader. If you're just starting out in the world of trading, Hapi It is presented as an option ideal because of their approach localized, support in Spanish and Portuguese, and competitive rates. For more advanced traders, XTB and eToro are great options, but keep in mind that their commissions and advanced platforms may not be as suitable for beginners.

It is essential for every trader to do their research before making their decision and to choose a broker that suits their investment objectives and level of experience.

Ready to start investing? Open your account with Hapi today.

Frequently Asked Questions (FAQ) about Brokers in Latin America

Here you will find answers to the most common questions that traders have when choosing a broker in Latin America. If you're new to the world of trading or are considering changing brokers, this section will help you make an informed decision.

1. What is a broker and how does it work?

Un Broker is a platform that makes it easy to buy and sell financial assets such as stocks, currencies, cryptocurrencies and more. Traders open an account with a broker to execute transactions in financial markets. The broker charges a perpetration or Spread for each operation performed and provides tools to facilitate the analysis and execution of transactions.

2. How to choose the best broker in Latin America?

When choosing a broker in Latin America, consider the following factors:

• Regulation: Make sure the broker is regulated by trustworthy authorities.
• Local payment methods: Look for brokers that offer payment options such as local bank transfers, electronic wallets and local currency markets.
• Support in Spanish or Portuguese: It's crucial to have customer support in your language to resolve questions efficiently.
• Easy-to-use platform: The interface must be accessible and adapted to your level of experience.
• Spreads and commissions: Compare rates to ensure that the broker is competitive.

3. Which broker is best for beginners in Latin America?

For beginners, Hapi it is an excellent option, since it offers a intuitive platform, support in Spanish and Portuguese, and low rates. It also stands out for its focus on LATAM, making it easy to operate in the region.

4. How can I open an account with a broker in Latin America?

The process of opening an account with a broker is quite simple. Generally, these are the steps:

1. signup: Provide your personal details, such as name, email, and phone number.
2. Verify your identity: Upload an official identification (passport, ID) to comply with security regulations.
3. Deposit funds: Make an initial deposit using the payment methods available in your country (bank transfer, credit card, e-wallets).
4. Start trading: Once your account is verified and funded, you can start trading.

5. What are the most common payment methods in Latin American brokers?

The most common payment methods include:

• Local bank transfers: Directly from your bank account.
• Credit or debit cards: Major brands such as Visa and Mastercard are accepted by most brokers.

6. What assets can I trade at LATAM brokers?

Brokers in LATAM offer access to a wide range of assets, including:

• Forex (foreign exchange market): The world's major currencies such as USD, EUR, BRL, MXN, etc.
• Shares: Investing in companies around the world, including markets such as USA and LATAM.
• Cryptocurrencies: How Bitcoin, Ethereum, and other altcoins.
• Commodities: Trading opportunities in products such as gold, petroleum, soybeans, etc.
• Indices: Trading on global indices such as S&P 500 Or the IBOVESPA.

7. What's the difference between a regulated and an unregulated broker?

Un regulated broker is supervised by a financial authority that ensures that the broker complies with regulations and protects traders' funds. This offers more security and transparency.

On the other hand, a unregulated broker can operate without official oversight, increasing stakes of fraud and lack of transparency. It is always advisable to choose brokers regulated by trusted authorities.

8. Is it safe to invest in cryptocurrency through brokers?

Yes, it's safe as long as the broker is regulated and use advanced security technologies such as data encryption. Many brokers offer a wide range of Cryptocurrencies, but be sure to verify that the platform has a good repute and that it complies with fund protection regulations.

Bakkt is listed on the New York Stock Exchange (NYSE) under the symbol “BKKT” and has a history that includes its founding in 2018 by Intercontinental Exchange (ICE), owner of the New York Stock Exchange, and its subsequent IPO. Bakkt is dedicated to facilitating access to cryptocurrency for institutional and retail investors, offering services such as trading, custody and payment solutions.

9. What fees can I expect when trading with brokers in LATAM?

Fees vary depending on the broker and the type of asset you're trading. Generally, there are two main types of fees:

• Spreads: The difference between the purchase price and the sale price of an asset.
• Fixed fees: Some brokers charge a fixed fee for each trade made.

It is important to compare the tariffs from several brokers to find the most competitive one, especially if you trade frequently.

Hapi does not charge commissions for trading (buying or selling) stocks, ETFs or cryptocurrencies on its platform. However, there are other charges such as commissions for deposits, withdrawals, and fees related to the trading of certain types of assets.

Summary of commissions in Hapi:

• No broker fees: There are no fees for buying or selling stocks, ETFs, or cryptocurrencies.
• No account maintenance fees: Hapi doesn't charge to keep an active account.
• Inactivity Fee: If the account is less than $5,000 and you don't sign in for 60 days, an inactivity fee applies.

Deposit fees: A commission is charged for depositing funds into the account, which can be 0.9% or have a minimum of $2.

• Deposit fees: A commission is charged for depositing funds into the account, which can be 0.9% or have a minimum of $2.

Withdrawal fees: Withdrawal fees vary depending on the country and method of withdrawal, but can range from $4.99 to $10.

• Withdrawal fees: Withdrawal fees vary depending on the country and method of withdrawal, but can range from $4.99 to $10.

Regulatory Fees: Regulatory fees apply for trading stocks and ETFs, such as the trading activity fee (TAF) and the compensation fee.

• Regulatory Fees: Regulatory fees apply for trading stocks and ETFs, such as the trading activity fee (TAF) and the compensation fee.

Commissions for ADRs: Some ADRs (American Depositary Receipts) may have custody fees.

• Commissions for ADRs: Some ADRs (American Depositary Receipts) may have custody fees.

Cryptocurrency profit margin: For cryptocurrency trading, a profit margin of 1% applies.

• Cryptocurrency profit margin: For cryptocurrency trading, a profit margin of 1% applies.

In short, although Hapi does not charge trading fees, it is important to consider the other commissions and fees that may apply, especially for deposits, withdrawals, and when trading certain types of assets such as ADRs or cryptocurrencies.

10. Can I trade with a broker from outside Latin America?

Yes, many international brokers allow Latin American traders to open accounts. However, it is essential to ensure that the broker offers support in your language And accept local payment methods. It's also important to verify that the broker is regulated by a reliable financial authority to ensure the safety of your funds.

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