Synthetic brake fluid based on glycol ethers, alkyl poly glycols and glycol ether esters. It contains inhibitors to prevent the corrosion of metallic brake components and to reduce oxidation at increased temperatures. The brake fluid has a high wet and dry boiling point, thus ensuring safe braking even after the absorption of some moisture over an extended period of use. Special moisture scavengers help to prevent against the formation of steam bubbles. Ideally suited to use with all disk and drum brake systems, as well as motor vehicle clutch systems for which a synthetic brake fluid of this specification is prescribed. The brake fluid is also ideally suited to use in ABS brake systems.