This study reports the results of 5 years of monitoring reef fish post‐larvae using light traps in the Bay of Tamandaré, north‐east Brazil. An annotated checklist of pre‐settlement fish species, their frequency of occurrence and taxonomic characteristics are provided. In total, 4,422 post‐larval fishes belonging to 36 families, 56 genera and 76 species were captured. The most species‐rich families were Carangidae (7), Lutjanidae (6) and Pomacentridae (4), while the families Gerreidae (30.47%), Holocentridae (16.54%), Blenniidae (12.01%), Labrisomidae (8.36%), Lutjanidae (8.29%) and Acanthuridae (5.95%) were the most abundant. This is the first study of the taxonomic diversity and assemblage structure of settlement‐stage reef fishes in the tropical south‐west Atlantic Ocean. Although a few common species were not captured due to selectivity of light traps, the composition and taxonomic diversity of this first collection suggests that light traps are useful for studies of the early life history of a wide range of pre‐settlement reef fishes.