Best brokers for crypto in Colombia
We checked which brokers let people living in Colombia trade crypto: 4 of the 7 we follow do. XTB does not accept residents of Colombia, so XM leads. Buying in USD or EUR from a COP bank account adds a conversion cost on every deposit, compared below.
By Broksal Team, investing in forex and CFD markets since 2017. Updated . How we test
How we score
Each broker gets five sub-scores out of 5:
Regulation and safety (30%), trading costs (25%), platforms and tools (20%), range of markets (15%) and ease of use (10%). The overall score is the weighted average, rounded to one decimal.
Availability is checked against each broker's published country lists. The ranking order is editorial and reflects our commercial agreements, so it does not always follow the scores. Full methodology
Advertiser disclosure
Broksal is free to use because some brokers pay us a commission when you open an account through our links. This can influence which broker we feature and the order in which brokers appear.
Commissions never change the facts we publish about regulation, fees or country availability, and they cost you nothing.
Top 3 crypto brokers for Colombia
- 1
Our top pick in Colombia
XM
4.6MT4 and MT5 from a $5 deposit, with multiple account types
XTB is not available in Colombia
Crypto CFDs Crypto CFDs only: price exposure with leverage, no coin ownership.
- Minimum deposit
- $5
- Platforms
- MetaTrader 4, MetaTrader 5, XM app
- Entity for Colombia
- XM Global Limited — FSC (Belize)
- CFDs
- Yes
Show pros, cons and feesHide details
XM's MetaTrader platform on desktop and mobile, with one-click trading on EUR/USD. XM's EU site states that 75.12% of retail investor accounts lose money when trading CFDs with this provider. What we like
- Very low minimum deposit outside the EU
- MT4 and MT5 plus its own mobile app
- Accepts residents of a very wide list of countries
- Standard, Ultra Low and Shares account types
Watch out for
- Not available in the US, Canada, Israel or the UK
- Most non-EU clients are onboarded by an offshore entity with lighter protection
- Dormant account fee after 90 days without activity
Fees
The Standard account is commission-free with costs built into the spread; the Ultra Low account offers tighter spreads. Swaps apply on positions held overnight. A monthly dormant fee is charged after 90 days of inactivity.
Best for
MetaTrader users with small starting balances.
- 2
eToro
4.3CopyTrader and a social feed on a Nasdaq-listed platform
Real crypto Real crypto as well as crypto CFDs where allowed; a 1% spread on crypto trades.
- Minimum deposit
- Varies by country
- Platforms
- eToro web platform, eToro mobile app
- Entity for Colombia
- eToro (Europe) Ltd or regional entity — CySEC
- CFDs
- Yes
Show pros, cons and feesHide details
eToro homepage after the 2026 brand refresh, highlighting its Nasdaq listing (ETOR) and the new mobile app. What we like
- CopyTrader lets you mirror other investors' portfolios
- Listed on Nasdaq; FCA, CySEC and ASIC regulated
- Very easy app for stocks, ETFs and crypto
Watch out for
- CFD spreads are wider than at IC Markets or XTB
- Not available in Canada, Japan, India, Turkey and most of Africa
- Withdrawal and currency conversion fees on the USD account
Fees
CFD costs are in the spread (about 1 pip on EUR/USD), plus overnight fees on leveraged positions. Withdrawals from the USD account cost $5 and currency conversion is charged on non-USD deposits; eToro removed its inactivity fee on 28 May 2026.
Best for
Investors who want to copy other traders.
- 3
IC Markets
4.6Raw spreads, MetaTrader, cTrader and TradingView in one account (now branded IC)
Crypto CFDs Crypto CFDs on raw-spread accounts; IC also accepts crypto deposits at its Seychelles entity.
- Minimum deposit
- From $0 (varies by entity)
- Platforms
- MetaTrader 4, MetaTrader 5, cTrader +1
- Entity for Colombia
- Raw Trading Ltd (IC Markets Global) — FSA (Seychelles)
- CFDs
- Yes
Show pros, cons and feesHide details
IC EU homepage after the rebrand from IC Markets: raw spreads from 0.0 pips and leverage up to 1:30 for EU retail clients. What we like
- Raw Spread accounts with low commissions
- Four platforms, including cTrader and TradingView
- ASIC and CySEC regulated entities
- Popular with automated and high-volume traders
- Rebranded to IC in 2026; same regulated entities
Watch out for
- Not available in the US, Canada, Israel or New Zealand
- Minimum deposit depends on the entity you are assigned
- Thin education and research compared with XTB or IBKR
Fees
Raw Spread accounts charge a commission per lot on top of raw interbank spreads (on MetaTrader it is $3.50 per side per standard lot). The Standard account has no commission and wider spreads. Swaps apply overnight.
Best for
Cost-sensitive and algorithmic traders.
Also available in Colombia:
IQ Option 4.1
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Each broker publishes its own current loss percentage on its website.
Crypto from Colombia: the rules
Crypto CFDs from offshore entities can carry high leverage. Check how residents of Colombia are taxed on crypto gains. Locally, financial services are supervised by the Superintendencia Financiera de Colombia.
Currency costs when investing from Colombia
Colombia uses the Colombian peso (COP). Most of what you buy here is priced in USD or EUR, so unless your account is in the same currency as the asset, each purchase is converted. Published conversion fees: eToro 0.75% at the base Club tier (lower for higher tiers).
All 7 brokers we review, checked for crypto in Colombia
| Broker | Status | Access | Entity for Colombia |
|---|---|---|---|
| XTB | Not available in Colombia | — | — |
| XM | #1 in this ranking | Crypto CFDs | XM Global Limited — FSC (Belize) |
| IC Markets | #3 in this ranking | Crypto CFDs | Raw Trading Ltd (IC Markets Global) — FSA (Seychelles) |
| Interactive Brokers | No crypto here | — | — |
| Freedom24 | Not available in Colombia | — | — |
| IQ Option | Available | Crypto CFDs | IQ Option international entity — Offshore entity |
| eToro | #2 in this ranking | Real crypto | eToro (Europe) Ltd or regional entity — CySEC |
Crypto rankings in countries bordering Colombia
| Country | Brokers offering crypto | #1 |
|---|---|---|
| 🇧🇷 Brazil | 4 | XM |
| 🇪🇨 Ecuador | 4 | XM |
| 🇵🇦 Panama | 3 | XM |
| 🇵🇪 Peru | 4 | XM |
| 🇻🇪 Venezuela | 3 | XM |
Frequently asked questions
What is the best crypto broker in Colombia?
XM, in our ranking. Crypto CFDs only: price exposure with leverage, no coin ownership. eToro and IC Markets complete the top 3.
Which brokers offer crypto to residents of Colombia?
Of the brokers we review: XM (crypto cfds), IC Markets (crypto cfds), IQ Option (crypto cfds) and eToro (real crypto).
What are the rules for crypto in Colombia?
Crypto CFDs from offshore entities can carry high leverage. Check how residents of Colombia are taxed on crypto gains.
Can I invest in Colombian peso (COP)?
Check the account currencies when you sign up. If your account is not in COP, deposits are converted at the broker's rate.
Do I own the coins when I buy crypto at a broker?
Only with real-crypto offers such as eToro, Interactive Brokers (EEA and US) and XTB in Cyprus. With crypto CFDs you only have exposure to the price.
Availability last checked 6 October 2026. Brokers change their country lists without notice; the broker's sign-up form is the final word.