Is Funded Trading Plus Available in Brazil?

Key Facts for Brazil Traders

Funded Trading Plus does not accept traders from Brazil, implementing a complete geographical restriction that prevents Brazilian residents from accessing their prop trading programs. This restriction stems from compliance concerns related to CVM (Comissão de Valores Mobiliários) regulations governing foreign investment products in Brazil. The London-based prop firm has chosen to block Brazilian traders entirely rather than navigate the complex regulatory landscape that governs how international financial services can be offered to Brazilian residents. CVM regulations require foreign firms offering investment products to Brazilian citizens to meet specific licensing and compliance requirements, which Funded Trading Plus has apparently decided not to pursue. As a Brazilian trader, you cannot sign up for any of Funded Trading Plus's evaluation programs, regardless of your trading experience or capital. This means you cannot access their forex trading challenges, which typically offer funding up to substantial amounts with their 80% profit split structure that can scale to 100%. Their trading conditions, including 1:30 leverage on forex pairs, 10% profit targets, and 4% daily loss limits, remain completely inaccessible to you. The restriction affects all aspects of their service. You cannot create an account, purchase evaluation challenges, or participate in their funded trading program. Even if you attempted to use a VPN or other methods to circumvent the geographical restriction, this would violate their terms of service and could result in account termination and forfeiture of any funds. This geographical blocking is becoming increasingly common as prop trading firms navigate different regulatory environments globally. While many prop firms do accept Brazilian traders, some choose the safer regulatory path of complete exclusion rather than risk potential compliance issues with CVM requirements. For Brazilian traders, this restriction means looking elsewhere for prop trading opportunities. The good news is that Brazil is generally well-accepted by the majority of prop trading firms in the industry. Most international prop firms recognize Brazil as a viable market and have structured their operations to accommodate Brazilian traders while maintaining regulatory compliance. When exploring alternatives, you should focus on prop firms that explicitly welcome Brazilian traders and offer payment methods that work well from Brazil. Credit card payments and Wise transfers are commonly supported options, while some firms also accept cryptocurrency payments, which can be particularly useful for Brazilian traders. The regulatory landscape in Brazil regarding prop trading continues to evolve. CVM regulations primarily focus on protecting Brazilian investors from unregulated foreign investment products. While prop trading exists in a somewhat gray area, established prop firms that accept Brazilian clients typically structure their services as educational programs with simulated trading components rather than direct investment products. As a Brazilian trader seeking prop funding, you should prioritize firms with strong reputations, transparent terms, and clear policies regarding Brazilian clients. Look for firms that specifically state they accept Brazilian traders rather than those with ambiguous geographical policies. When evaluating alternative prop firms, consider factors beyond just availability. Compare profit splits, drawdown rules, profit targets, available instruments, and withdrawal procedures. Many prop firms offer competitive terms similar to or better than Funded Trading Plus, with the added advantage of actually accepting Brazilian traders. The prop trading industry continues to grow and evolve, with new firms regularly entering the market. While Funded Trading Plus may not be available to you as a Brazilian trader, numerous other opportunities exist that can provide similar or superior trading conditions and funding opportunities. Before committing to any prop firm, ensure you understand their specific terms regarding Brazilian traders, payment processing for withdrawals to Brazil, and any potential tax implications. Some firms provide better support for international traders, including comprehensive guidance on compliance with local tax requirements.

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