IBKR clients can trade stocks/equities, ETFs, and Brazilian Real Estate Investment Trusts (FIIs) on B3 (Brasil, Bolsa, Balcão) Monday - Friday from 10:00 AM - 5:00 PM Brazil Time (BRT/BRST). Brazilian securities are priced and settled in Brazilian Real (BRL), with settlement occurring T+2 (trade date plus 2 business days).
Eligibility: Individual accounts are eligible to request B3 trading permissions. (A CPF number, the identifier that proves you have been entered into Brazil's Cadastro de Pessoas Físicas (Natural Persons Register), is not required beforehand and will be created during the sign-up process.)
Use the button above or follow the below procedure to request stock permissions for B3 (Brasil, Bolsa, Balcão):
- Log in to Client Portal
- Select the User menu (head and shoulders icon in the top right corner) followed by Settings
- Under Account Settings find the Trading section
- Click on Trading Permissions
- Locate Stocks section, select Add/Edit or Request under Stocks and check the box next to Brazil and click on CONTINUE.
- Review and sign the disclosures, agreements and provide any additional information requested.
- Click CONTINUE and follow the prompts on screen.
Please Note
- Brazilian residents are restricted from trading on B3 with IBKR due to local regulatory requirements.
- Clients who have Taiwan listed as their country of legal residence are not eligible.
- Clients subject to certain regulatory restrictions or sanctions may not be eligible.
- Approval typically takes 2-3 business days after completing required documentation.
- Accounts holding positions or actively trading on the B3 (Brasil, Bolsa, Balcão) are subject to a flat monthly custody fee of USD 20 (Retail) or USD 100 (Institutional).
- Real-time B3 market data may require a separate subscription. Basic delayed data is typically available at no charge.
- When searching for Brazilian securities in TWS, select B3 as the exchange.
- IBKR will automatically convert from your base currency to BRL.
- IBKR Mobile supports trading Brazilian securities once appropriate permissions are enabled.
- Most liquid Brazilian stocks also trade as ADRs on US exchanges as an alternative option.
Additional Information