Fred will undergo a medical on Monday ahead of completing a move to Manchester United, according to Sky sources.
The Shakhtar Donetsk midfielder, who featured as an 82nd-minute substitute in Brazil's 2-0 friendly win over Croatia at Anfield on Sunday, is set to become Jose Mourinho's first signing of the summer.
Sky Sports News revealed in May that United were in advanced talks to sign Fred, who had previously attracted interest from Manchester City in January.
Transfer Talk: Arnautovic to Man Utd?
Manchester United's proposed move for West Ham's Marko Arnautovic was discussed on the latest episode of the Transfer Talk podcast…
The 25-year-old joined Shakhtar from Brazilian side Internacional in 2013 and has since featured over 150 times for the Ukrainian club.
Following the win over Croatia, Brazil coach Tite admitted he was not surprised by United's interest in Fred, but wanted the move to be completed as quickly as possible ahead of the World Cup.
"When this happens, and it is inevitable, they are going to come to us and our advice to them is resolve this as soon as you can so your head is back with us and focusing on the national team," Tite said.
He later added: "If I was a manager I'd ask to sign him as well."
Brazil will play another friendly, against Austria in Vienna, on June 10 before heading to Russia where they will face Switzerland, Costa Rica and Serbia in Group E.