Country verificationCVM warning checks requiredInformational only

Binary options brokers in Brazil

Brazil pages need broker-specific CVM checks. TBO currently has official CVM warning context for Quotex/Maxbit LLC and IQ Option-related activity.

Reviewed by the TBO Editorial Desk. This page is informational research, not investment, legal, tax, or licensing advice. Source dates are shown so readers can re-check sensitive claims.

Regulatory context

Country pages show what the current source trail can support. They are not legal advice.

Quotex / Maxbit LLC

Restricted

CVM warned about Maxbit LLC using the Quotex brand and stated the company was not authorized by CVM for securities intermediation.

Manual checkRegulator source checked by the editorial desk.

Manual check: Verified CVM warning says Maxbit LLC, using the Quotex brand, is not authorised by CVM for securities intermediation or investor fund collection.

Comissao de Valores Mobiliarios

IQ Option

Restricted

CVM previously warned about IQ Option Ltd. activity involving Forex, CFDs, and binary options toward Brazilian residents.

Manual checkRegulator source checked by the editorial desk.

Manual check: Verified CVM warning says IQ Option Ltd. was not authorised by CVM to solicit Brazilian resident clients for Forex, CFD, and binary-options activity.

Comissao de Valores Mobiliarios

Country availability notes

These notes summarize what the current country file can and cannot support.

Reader checks

Check CVM alerts for the exact broker name, entity, and domain.
Do not treat Portuguese-language marketing as authorization.
Check whether a broker offers securities intermediation or derivative-like products to Brazilian residents.

Broker notes

Quotex and IQ Option need prominent Brazil warning treatment.
Other brands should not be marked available in Brazil until a country-specific source trail exists.

Broker restriction source checks

These broker rows show the source strength behind country-specific restriction or warning notes. They are not legal advice and do not prove availability.

Quotex

Restricted

Brazil CVM warning on Maxbit LLC / Quotex brand: Brazil CVM warning on Maxbit LLC / Quotex brand appears in the current TBO restriction notes for Quotex. Verify against current broker terms and local regulator rules.

Manual checkRegulator source checked by the editorial desk.

Manual check: Verified CVM warning says Maxbit LLC used the Quotex brand and was not authorised for securities intermediation or investor fund collection.

Comissão de Valores Mobiliários

IQ Option

Restricted

Brazil CVM warning on IQ Option Ltd.: Brazil CVM warning on IQ Option Ltd. appears in the current TBO restriction notes for IQ Option. Verify against current broker terms and local regulator rules.

Manual checkRegulator source checked by the editorial desk.

Manual check: Verified CVM warning says IQ Option Ltd. was not authorised by CVM to solicit Brazilian resident clients for Forex, CFD, and binary-options activity.

Comissão de Valores Mobiliários

Binomo

Watch

No broker-specific country restriction row is attached yet. Treat this as a country-page evidence gap, not availability.

TBO noteInternal editorial note, not an external source claim.

Country pages must not infer availability from inclusion in a broker snapshot; add an official, regulator, or clearly labeled partial source before strengthening this row.

Deriv

Watch

No broker-specific country restriction row is attached yet. Treat this as a country-page evidence gap, not availability.

TBO noteInternal editorial note, not an external source claim.

Country pages must not infer availability from inclusion in a broker snapshot; add an official, regulator, or clearly labeled partial source before strengthening this row.

Tracked broker snapshot

These broker profiles are shown for verification context. Inclusion does not mean availability or suitability.

Quotex

Digital options

High risk

Digital-options platform tracked for minimum deposit, product scope, country restrictions, and source freshness.

Official basicsVerified May 13, 2026

Deposit

$10

Demo

Available

Open review

IQ Option

Trading platform with options history

Elevated risk

Established trading platform with clearer company-history and EEA license references than most binary-options competitors.

Official basicsVerified May 13, 2026

Deposit

$10

Demo

Available

Open review

Binomo

Fixed-time trades

High risk

Fixed-time trading brand with official educational material referencing demo access and low starting deposit.

Official basicsVerified May 12, 2026

Deposit

$10

Demo

Available

Open review

Deriv

Options and derivatives

Elevated risk

Options and derivatives platform with comparatively strong official documentation for regulation, product types, payment methods, apps, and partner terms.

Official basicsVerified May 13, 2026

Deposit

Low entry; method-dependent

Demo

Available

Open review

FAQ

Are Quotex or IQ Option authorized by CVM?

The current TBO country record links CVM warning material for Quotex/Maxbit LLC and IQ Option-related activity. Read the source trail before acting.

Can Brazil pages include affiliate links?

Only with strong restriction language and source-dated risk context. The safer default is informational linking.

Sources

CVM alerta para atuacao irregular de Maxbit LLCComissao de Valores Mobiliarios · accessed Jun 9, 2026Manual checkRegulator source checked by the editorial desk.Manual check: Verified CVM warning says Maxbit LLC, using the Quotex brand, is not authorised by CVM for securities intermediation or investor fund collection.Alerta de atuacao irregular no mercado ForexComissao de Valores Mobiliarios · accessed Jun 9, 2026Manual checkRegulator source checked by the editorial desk.Manual check: Verified CVM warning says IQ Option Ltd. was not authorised by CVM to solicit Brazilian resident clients for Forex, CFD, and binary-options activity.