Brazil has one of the fastest-growing retail trading communities in Latin America, and also one of the highest crypto adoption rates in the world — which makes the usual "best prop firm" comparisons, written for US or European traders, miss what actually matters for a Brazilian trader. Here's a more honest version.
Session timing from Brazil
Brazil (BRT, UTC-3) sits close enough to New York time that the overlap is unusually convenient:
- New York session runs almost in parallel with a normal Brazilian working day — New York opens around 10:30am BRT and the most liquid window (London/New York overlap) lands around 9:30am–12:30pm BRT.
- London session opens around 5am BRT, early but not impossible for early risers.
- Tokyo session falls overnight BRT, generally the least convenient window for most Brazilian traders unless specifically trading JPY pairs.
That New York alignment is a real structural advantage for Brazilian traders focused on majors like EUR/USD and GBP/USD.
Regulation — say this clearly
A prop firm challenge is a simulated performance evaluation, not a brokerage account and not a regulated investment product in most structures: there's no client money held and no live trade execution on a market on the trader's behalf. In Brazil, the Comissão de Valores Mobiliários (CVM) and the Banco Central (BACEN) regulate securities and foreign exchange activity respectively, and neither has issued a dedicated framework for the funded-account evaluation model as of this writing. This isn't a claim that any firm is authorized by CVM or BACEN — check your local rules and a firm's terms before paying for a challenge.
Payment methods Brazilians actually use
Card payments are standard for international purchases, and Brazil has one of the highest crypto ownership rates globally, making USDC/SOL a genuinely mainstream option rather than a niche one for trading fees:
- Card (Visa, Mastercard) — processed by a licensed provider like Banxa; priced in USD, so your card issuer applies the BRL/USD conversion (watch for IOF tax on international card transactions, which is separate from the firm's pricing).
- USDC/SOL on Solana — avoids the BRL/USD conversion and IOF entirely, which is part of why crypto rails are popular in Brazil specifically for this kind of purchase.
What to compare beyond price
- Drawdown type — static (fixed from your starting balance) vs. trailing (follows your equity upward).
- Time limit — does the challenge expire, or can you take the time you need?
- Platform — MetaTrader download vs. browser-based terminal usable from any device.
- Profit split and how it scales over time.
- Consistency rule — a cap on how much profit can come from a single trading day.
Where WICK FUNDED fits
WICK FUNDED is a simulated evaluation — not a regulated investment product, no income guaranteed — built AI-first with an in-house browser terminal (no MT4/MT5 install). From Brazil:
- 2-Step Challenge from $49 for a $10K account.
- 1-Step Challenge for a single-phase evaluation.
- Instant Funded to skip the evaluation phase if you're already consistent.
Pay by card (via Banxa) or USDC/SOL — card availability is broad but not guaranteed in every country, so check at checkout; crypto is always an option and sidesteps BRL/USD conversion. There's no time limit on any track, and funded payouts go out in USDC on a bi-weekly cycle — fast and without the usual international bank-transfer friction. For traders who want to automate part of their process, WICK exposes a public REST API and a one-click MCP connection for AI agents — see connecting an AI to a funded account and the AI-native prop firm category.
New to the evaluation model in general? The best prop firms for beginners roundup is a reasonable starting point, and if you want to connect Claude specifically, see connecting Claude to a prop firm challenge.
FAQ
Is prop firm trading legal in Brazil? Prop firm evaluations generally aren't a regulated investment product since no client money is held and no live trades are placed on a market on your behalf — that's different from a CVM/BACEN authorization claim. Check your local rules and the firm's terms before paying.
Why pay in crypto instead of card from Brazil? Paying in USDC/SOL avoids the BRL/USD card conversion and the IOF tax applied to many international card transactions — part of why crypto is a mainstream payment rail in Brazil for this kind of purchase.
What's the best trading window from Brazil? The London/New York overlap, roughly 9:30am–12:30pm BRT, is typically the most liquid window for major pairs and lines up with a normal working morning.
Does WICK FUNDED use real trading capital? No. Every account is a simulated evaluation; no real funds are exposed to markets, and payouts come from company funds on simulated performance, not investment returns.
Which track should a beginner start with? The $10K 2-Step Challenge from $49 is the standard entry point for proving consistency before scaling up.
Simulated trading evaluation — no real funds are traded. Not financial advice.