Latin America is Forex's fastest-growing IB opportunity after Africa. Brazil (Portuguese) and Spanish-speaking markets require localized approaches. PIX instant payments in Brazil, OXXO in Mexico, and crypto deposits across Argentina are key. Social media IB networks (Instagram, WhatsApp, TikTok) drive the majority of LATAM client acquisition.
Exness — Up to $1500 CPA · $10/lot rebate · 40% revenue share
Exness earns its #1 spot for latin america due to its industry-leading $10/lot rebate — among the highest available for active trading clients. Regulated by FCA and CySEC and FSA, Exness operates across EU, APAC, MENA, Africa, LATAM regions. As a Tier 1 broker, it offers institutional-grade execution quality and superior client retention rates.
XM earns its #2 spot for latin america due to its competitive $200–$800 CPA range and 35% revenue share combination. Regulated by CySEC and ASIC and IFSC, XM operates across EU, APAC, MENA, LATAM, Africa regions. As a Tier 1 broker, it offers institutional-grade execution quality and superior client retention rates.
FBS earns its #3 spot for latin america due to its competitive $150–$500 CPA range and 30% revenue share combination. Regulated by CySEC and IFSC, FBS operates across APAC, LATAM, Africa regions. Its accessible minimum deposit requirements make it particularly effective for IBs targeting emerging market clients.
RoboForex earns its #4 spot for latin america due to its competitive $150–$400 CPA range and 25% revenue share combination. Regulated by IFSC, RoboForex operates across APAC, LATAM regions. Its accessible minimum deposit requirements make it particularly effective for IBs targeting emerging market clients.
Deriv earns its #5 spot for latin america due to its competitive $150–$400 CPA range and 25% revenue share combination. Regulated by MFSA and BVI and VFSC, Deriv operates across APAC, Africa, LATAM regions. Its accessible minimum deposit requirements make it particularly effective for IBs targeting emerging market clients.
Our 2026 rankings are based on 5 weighted criteria, evaluated independently for each broker. Rankings are updated regularly as commission rates, platform quality, and IB terms change.
Native language interface and support
PIX, OXXO, MercadoPago, crypto deposit support
Competitive CPA for LATAM FTDs
Spanish video content increases conversion
Low minimums for emerging market clients
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