Updated October 2026
Compare 15 forex brokers that accept Colombian residents, three of them with an SFC-authorised representation office, on reported PSE funding, minimum deposits and spreads.
Accounts are held with Kohle Capital Markets Limited (Mauritius FSC); Colombia is not on KCM Trade's restricted-jurisdiction list, and it has no Spanish site.
Pepperstone Markets Ltd (Bahamas SCB) has held an SFC representation office since July 2026 for promotion and advertising only, so the account stays with that entity.
Plus500BHS Ltd (Bahamas SCB) has held an SFC representation office since July 2025 for promotion and advertising only, so the account stays with that entity.
Ava Trade Markets Ltd (BVI) holds an SFC representation office (promotion and advertising only), so the account stays offshore. Named on the SFC's 2021 list of unauthorised firms in an order against a local promoter, before its representation office was authorised in February 2024 (20 May 2021). Source
IG's Spanish Latin America site is run by IG International Limited (Bermuda), which excludes only US residents, but no IG page names Colombia.
OANDA's help centre lists Colombia as eligible for OANDA Global Markets Ltd (BVI FSC), its deposit page names Latin America but not Colombia.
Colombia is on Interactive Brokers' official available-countries list, and accounts reportedly open with Interactive Brokers LLC (USA) by wire.
eToro's own country list puts Colombia in Tier 2 with special conditions, its FAQ rules out PayPal and Skrill there, and a Colombian source names eToro (Seychelles) Ltd, unconfirmed.
Raw Trading Ltd (Seychelles FSA) does not exclude Colombia and publishes no local payment method. Named on the SFC's 2021 list of unauthorised firms (as Ic Markets Global) in an order against a local promoter (20 May 2021). Source
FP Markets runs a Colombia-specific Spanish site but blocked our checks, so the onboarding entity and payment methods are unconfirmed.
The top 10 are shown as cards. See all 18 brokers in the table
| Brokers | Min. deposit | EUR/USD from | Commission | Max leverage | Instruments | Regulation | Platforms | Local funding | Visit |
|---|---|---|---|---|---|---|---|---|---|
KCM TradeEditor's choice |
$1,000 | 0.6 pips | — | 1:1000 | 200+ | ASIC (Australia) · FSC (Mauritius) | MT4 · MT5 · WebTerminal · KCM Trade app | — | Visit |
PepperstoneSFC office, $10 minimum |
$10 | 0.0 pips | $7 round turn (Razor) | 1:400 | 1,350+ | FCA (UK) · ASIC · CySEC · BaFin · DFSA · SCB | MT4 · MT5 · cTrader · TradingView | — | Visit |
Plus500SFC-authorised office |
$100 | 0.9 pips | None (dynamic spread) | 1:300 | 2,800+ | FCA (UK) · CySEC · ASIC · MAS · FMA (NZ) · CIRO | Plus500 WebTrader · mobile app | — | Visit |
AvaTradeSFC office, PSE reportedNamed on the SFC's 2021 list of unauthorised firms in an order against a local promoter, before its representation office was authorised in February 2024 (20 May 2021). Source |
$100 | 0.9 pips | None (spread only) | 1:400 | 1,250+ | CBI (Ireland) · ASIC · JFSA · FSCA · ADGM FSRA · CySEC | MT4 · MT5 · AvaTrade App · AvaOptions · WebTrader | PSE - secondary source, Nequi / Daviplata - secondary source, Local bank transfer - secondary source, COP account - secondary source | Visit |
IG17,000+ markets |
$0 | 0.6 pips | None (spread only) | 1:200 | 17,000+ | FCA (UK) · ASIC · BaFin · MAS · FINMA · DFSA · FSCA | IG platform · MT4 · MT5 · ProRealTime · TradingView | — | Visit |
OANDA |
$0 | 0.1 pips | $10 round turn (Core pricing) | 1:200 | 4,000+ | CFTC/NFA (US) · FCA (UK) · ASIC · CIRO · MAS · JFSA | OANDA Trade · MT4 · MT5 · TradingView | Online bank transfer - Latin America | Visit |
Interactive Brokers |
$0 | 0.1 pips | 0.08–0.20 bps of trade value (min $2 per order) | 1:50 | 100+ FX pairs · 170 markets | SEC/FINRA · CFTC/NFA (US) · FCA (UK) · ASIC · MAS · CIRO | Trader Workstation · IBKR Desktop · IBKR Mobile · TradingView · API | — | Visit |
eToro |
$50 | 1.0 pips | None (spread only) | 1:400 | 7,000+ | FCA (UK) · CySEC · ASIC · MAS · ADGM FSRA | eToro platform · CopyTrader | — | Visit |
IC (IC Markets)Named on the SFC's 2021 list of unauthorised firms (as Ic Markets Global) in an order against a local promoter (20 May 2021). Source |
$0 | 0.0 pips | $7 round turn (Raw) | 1:5000 | 2,850+ | ASIC (Australia) · CySEC · FSA (Seychelles) · SCB · CMA | MT4 · MT5 · cTrader · TradingView | — | Visit |
FP Markets |
A$100 (≈$70) | 0.0 pips | $6 round turn (Raw) | 1:500 | 10,000+ | ASIC (Australia) · CySEC · FSCA · FSA (Seychelles) | MT4 · MT5 · cTrader · TradingView | — | Visit |
 Admirals |
$100 | 0.0 pips | $3.6–6 round turn (Zero.MT5) | 1:1000 | 6,500+ | FCA (UK) · CySEC · FSCA · FSA (Seychelles) · JSC | MT4 · MT5 · Admirals platform | SafetyPay / PSE in COP - secondary source | Visit |
 Tickmill |
$100 | 0.0 pips | $6 round turn (Raw) | 1:1000 | 600+ | FCA (UK) · CySEC · FSCA · FSA (Seychelles) | MT4 · MT5 · TradingView · Tickmill Trader | — | Visit |
 FxPro |
$100 | 0.0 pips | $7 round turn (Raw+) | 1:200 | 2,100+ | FCA (UK) · CySEC · SCB (Bahamas) | MT4 · MT5 · cTrader · TradingView · FxPro platform | — | Visit |
 XM$5 minimum deposit |
$5 | 0.0 pips | $7 round turn (Zero) | 1:1000 | 1,400+ | CySEC · DFSA · FSCA · FSC (Belize) | MT4 · MT5 · XM app & web platform | PSE - secondary source | Visit |
 Exness |
$10 | 0.0 pips | $7 round turn (Raw Spread) | 1:2000+ | 200+ | FSA (Seychelles) · FSCA · CMA (Kenya) · FCA & CySEC (B2B only) | MT4 · MT5 · Exness Terminal · Exness Trade app | PSE - secondary source, Local bank transfer - secondary source, Nequi / Daviplata - secondary source | Visit |
 CMC MarketsNot verified |
$0 | 0.0 pips | $5 round turn (FX Active) | 1:200 | 12,000+ | FCA (UK) · ASIC · BaFin · MAS · CIRO · FMA (NZ) | Next Generation · MT4 · MT5 · TradingView | — | Visit |
 SaxoNot verified |
$0 | 0.7 pips | None (spread only) | 1:66 | 71,000+ | Danish FSA · FCA (UK) · MAS · FINMA · JFSA | SaxoTraderGO · SaxoTraderPRO · TradingView | — | Visit |
 SwissquoteNot verified |
$1,000 | 0.6 pips | None (Prime account) | 1:100 | 400+ | FINMA (Switzerland) · FCA (UK) · CSSF · DFSA · MAS · CySEC | MT4 · MT5 · CFXD · TradingView | — | Visit |
No brokers match those filters.
Colombia licenses no forex or CFD broker. The Superintendencia Financiera de Colombia (SFC) says no platform is authorised to operate or promote forex in the country; a foreign firm may promote itself only through an SFC-authorised representation office or a corresponsalía with a local sociedad comisionista de bolsa. Three of the 20 brokers in our broker comparison hold such an office, for promotion only: AvaTrade (2024), Plus500 (2025) and Pepperstone (2026).
This page ranks the 15 brokers confirmed to accept Colombian residents, KCM Trade first as Editor's choice. XTB and FOREX.com do not accept Colombians; CMC Markets, Saxo and Swissquote could not be confirmed.
Trading is not prohibited, but no broker is licensed. Banco de la República (concept JDS-24311) treats retail forex through a foreign platform as a financial investment abroad. The SFC says no platform is authorised to operate or promote forex in Colombia except through a representation office or a corresponsalía, that whoever invests on an unsupervised platform on their own initiative assumes the risk, and that it cannot help them recover money, as the platform is outside its inspection, vigilance and control.
Check the account entity against the SFC website and our guide to forex scams.
Most accounts are in US dollars, and no broker's own page naming PSE, Nequi or Daviplata for Colombia could be read, so the claims below rest on secondary sources.
Bank withdrawals attract the 4x1000 (GMF) tax, per ForexBrokers.com. Under Banco de la República's régimen cambiario the account is an investment abroad, registered on Formulario 11 once the accumulated year-end balance reaches US$500,000. The currency converter shows the market rate.
After KCM Trade, the three brokers with an SFC representation office come first, ordered by the tier-1 licences their groups hold, then the rest by that count, reported local funding, Spanish-language service and entry cost; see our guide on how to choose a forex broker.
After KCM Trade, our Editor's choice, brokers are placed by the same checks, in this order: a licence from the local regulator where Colombia issues one and the licensed entity is the one that serves local clients, depth of regulation (tier-1 and offshore licences both count), funding methods that work from Colombia, a local-language site or support desk, the cost of getting started (minimum deposit and typical spread), and swap-free accounts where traders commonly ask for them. The order is an editorial judgement, not a computed score.
An (i) after a broker's description means it is named on the SFC list of unauthorised firms (Lista de firmas no autorizadas) (source). The note records what the local regulator has published; it is not a finding of fraud, and it is removed when the entry is. Weigh it alongside the licences the broker holds.
A broker is ranked among the verified brokers only when we could confirm, from its own website or the local regulator's register, that it opens accounts for residents of Colombia. KCM Trade is our Editor's choice and is placed first on editorial grounds; its availability in Colombia was checked against that same standard. The 3 brokers marked Not verified follow them: we could not confirm from their own websites that they accept residents of Colombia, most come from our wider broker directory, and their figures are indicative until we check them. Spreads, deposits and leverage are the same figures shown on our full broker comparison; leverage and protections depend on which of the broker's entities holds your account. Broker links may be partner links that earn ForexR a commission at no extra cost to you.
Data last reviewed: October 2026. Availability, funding methods and rules change; confirm them on the broker's own website and with SFC before you open an account. This page is general information, not financial, legal or tax advice. CFDs and leveraged forex are complex instruments with a high risk of losing money rapidly.
Trading is not prohibited, but no broker is licensed. The SFC says no platform is authorised to operate or promote forex in Colombia except through a representation office or a corresponsalía, that whoever trades on an unsupervised platform on their own initiative assumes the risk, and that it cannot help them recover money.
None is licensed to take clients. Three hold SFC-authorised representation offices for promotion and advertising only: Ava Trade Markets Ltd (2024), Plus500BHS Ltd (2025) and Pepperstone Markets Ltd (2026); the account stays offshore.
Colombian secondary sources report PSE at Exness, XM, AvaTrade and Admirals (via SafetyPay) and Nequi and Daviplata at Exness and AvaTrade, two XM guides disagreeing; none is confirmed on a broker's own page.
IG, OANDA, Interactive Brokers and IC Markets list no minimum; XM $5, Pepperstone and Exness $10, eToro $50, FP Markets about $70, AvaTrade, Plus500, FxPro, Tickmill and Admirals $100, and KCM Trade $1,000, all in US dollars.
Yes. Tax residents declare worldwide income, so gains with a foreign broker are taxable even if not repatriated, and assets abroad must be reported (DIAN Concepto 008529, May 2026). Rankia Colombia places CFD and forex gains in the cédula general of Formulario 210 at 0 to 39 per cent, and foreign assets above 2,000 UVT on Formulario 160. Ask a local tax adviser.
No. The SFC says an unsupervised platform is outside its inspection, vigilance and control and whoever trades there assumes the risk; that includes the three representation-office brokers, whose accounts are offshore.