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What a spread is, and what it costs you

A spread is the gap between the price you can buy at and the price you can sell at, quoted in pips. It is charged the moment a position opens, which is why it is the one cost every trade pays whether it wins or loses.

A spread alone does not say what a trade costs. An account with a 0.0-pip raw spread usually charges commission per lot instead, and an account with a 1.2-pip spread usually charges none. The comparable figure is the round turn - spread plus commission for one lot, in and out - and that is what the tables here rank on.

The ten below are the brokers in Colombia publishing the tightest EUR/USD spread for a standard account. They are ordered by the figure they publish, not by preference, and a broker that publishes no spread is not on the list at all.

EUR/USD spread, pips (41 of 56 · median 1 pips)

4<0.5
160.5-1
131-1.5
81.5-2
02+

Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.

Key facts (38 of 56 counts · 53 brokers onboarding Colombian residents)

38of 56
qualify for this ranking
68% of 56
36of 38
scored on all six axes
95% of 38
40of 56
publish a price
71% of 56
37of 56
publish a leverage figure for this country
66% of 56

Top 3 (of 3 ranked)

1Fusion Markets4.13highest score of the three · cheapest priced of the three · offshore (vfsc/seychelles) for colombian2FBS4.08offshore only; no local sfc licence, no · withdrawal in 0.25 h3FxPro4.05mixed offshore regulation · withdrawal in 3 h

What a spread is, and what it costs you (38 of 56)

By slice score, formula v1.0. · 38 of 53 brokers in this ranking · all 38
#BrokerRound turn, USDCOMin deposit, USDCOLeverageWithdrawal, hCOScoreExecutionFoundedFunding
1
4.50500CO14.13ECN/raw + standard20176 methods
2
65 group3000CO0.254.08ECN/raw + standard20093 methods
3
7100 group30CO34.05ECN/raw + standard19993 methods
4
7—200CO243.94ECN/raw + standard20105 methods
5
6100 group500CO723.94ECN/raw + standard20053 methods
6
6100 group500CO243.94ECN/raw + standard20142 methods · local
7
650500CO723.93ECN/raw + standard20094 methods · local
8
60500CO723.92ECN/raw + standard20145 methods
9
6.520200CO243.91Standard20163 methods
10
750500CO243.9ECN/raw + standard19994 methods
11
6100 group300CO723.89Standard20085 methods
12
6—500CO483.89ECN/raw + standard20052 methods
13
610 group3000CO13.85ECN/raw + standard20124 methods
14
4.20 group200CO243.84ECN/raw + standard20014 methods
15
6303000CO—3.82ECN/raw + standard19985 methods
16
75 group500 groupCO483.81ECN/raw + standard20074 methods
17
7100 group1000CO243.77ECN/raw + standard20136 methods
18
625500CO243.75ECN/raw + standard20014 methods
19
125 group2000CO243.74Standard20103 methods
20
4501000CO243.73ECN/raw + standard20195 methods
21
5100 group500CO243.71ECN/raw + standard19774 methods
22
8100 group200CO483.7ECN/raw + standard2004—
23
—50 group500CO243.68ECN/raw + standard20053 methods
24
1150 group400 groupCO483.67ECN/raw + standard19991 methods
25
65 group5000CO723.64ECN/raw + standard20194 methods
26
6—1000CO723.59ECN/raw + standard2015—
27
6——stated, not verified723.58Standard2011—
28
7100 group500CO1203.54ECN/raw + standard20095 methods
29
75 group1000CO1203.49ECN/raw + standard20094 methods
30
50200CO1203.44Standard20143 methods
31
410 group2000CO243.42ECN/raw + standard20094 methods · local
32
16—100CO243.42ECN/raw + standard19962 methods · local
33
410000400CO723.4ECN/raw + standard2021—
34
3.125 group500CO1203.4ECN/raw + standard20151 methods
35
90500CO723.25ECN/raw + standard20023 methods
36
1010 group2000CO243.21ECN/raw + standard20123 methods
37
4100 group3000CO723.16ECN/raw + standard20114 methods · local
38
1050 group—stated, not verified2403.11Standard20075 methods
Ten are shown; the button opens the rest.

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

— the broker does not publish this figure; it is not read as a zero and it is not scored.

BlackBull Markets publishes a retail leverage of 1:500 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.

The ten above illustrate the term. Brokers with the lowest spreads in Colombia lists every broker that qualifies, with the figure each one publishes.

Identical for every row, so it is stated once: Who onboards Local · SFC · Swap-free fee none, no limit · COP account Yes.

1. Fusion Markets — highest score of the three · cheapest priced of the three · offshore (vfsc/seychelles) for colombian (score 4.13)

Round turn
4.5 USD
Withdrawal
under an hour for 85% of withdrawals
COP account
No COP base-currency account; accounts in USD, AUD, EUR, GBP, JPY, CHF, CAD, NZD, SGD, HKD, so peso deposits incur conversion.
Leverage
500CO
Licence
SFC SD096
Accepts residents
through an offshore entity
Onboarding entity
Colombian retail clients are onboarded under the offshore arms Gleneagle Securities Pty Limited (Vanuatu VFSC) and/or Fusion Markets International Ltd (Seychelles FSA).
Founded
2017
Register
https://fusionmarkets.com/About-us/Regulations · 09.07.2026
Group leverage
uncleargroup
Instruments
250+ instruments: 90+ forex pairs, metals, commodities, indices, share CFDs and crypto CFDs.
Platforms
MT5cTraderWebTradingView
Funding
Bank wire, Visa/Mastercard, Skrill, Neteller, PayPal and crypto (BTC/USDT); no verified Colombia-specific local rail.
Not served
United States, US territories, Afghanistan, Congo, Iran, Iraq, Japan, Myanmar, New Zealand, North Korea, Ontario (Canada), Palestine, Russia, Spain, Somalia, Sudan, Syria, Ukraine, Yemen
  • Reviews25%90
  • Round-turn cost20%100
  • Safety10
  • Payouts15%99
  • Track record10%45
  • Platforms70
Why it ranks here

Round turn 4.5 USD against the slice median 6 USD. strongest axis round-turn cost 100 of 100. total score 4.13.

Watch for

Payouts axis 58 of 100; e-wallet times not published.

Full review of Fusion Markets

2. FBS — offshore only; no local sfc licence, no · withdrawal in 0.25 h (score 4.08)

Round turn
6 USD
Withdrawal
15 minutes to 24 hours
COP account
USD or EUR; no COP accounts verified.
Leverage
3000CO
Accepts residents
through an offshore entity
Onboarding entity
FBS Markets Inc
Founded
2009
Register
https://fbs.com · 09.07.2026
Group leverage
offshore
Instruments
FX pairs, metals, indices, energies, stocks, crypto CFDs.
Platforms
MT5MT4Web
Funding
Cards, wire, Skrill/Neteller; local COP rails not verified at review.
Not served
United States, European Union countries, United Kingdom, Myanmar, Israel, Iran
    Why it ranks here

    Round turn 6 USD against the slice median 6 USD. strongest axis payouts 100 of 100. total score 4.08.

    Watch for

    Min deposit 200 USD, double the Colombia median of 50; withdrawal time not published.

    Full review of FBS

    3. FxPro — mixed offshore regulation · withdrawal in 3 h (score 4.05)

      Why it ranks here

      Round turn 7 USD against the slice median 6 USD. strongest axis track record 100 of 100. total score 4.05.

      Watch for

      Onboards Colombian residents through an offshore entity: no SFC licence, no SFC complaints route, no COP account.

      Full review of FxPro

      What the data shows(38 of 56 distributions · 53 brokers)

      Swap-free availability (38 of 56 brokers)

      68%30/44
      Offered30Not offered14

      Admin fee after the free period (38 of 56 swap-free)

      53%16/30
      Never16After 3–30 days9not published5

      Who onboards Colombian residents (38 of 56 brokers)

      45%20/44
      Local SFC entity20Offshore entity24

      COP account (38 of 56 brokers)

      36%16/44
      Yes16No23not published5

      Round turn, one lot, USD (40 of 56 · median 6 USD)

      7<5
      275-10
      510-15
      115-20
      020+

      Full list(38 of 56)

      1. 1Fusion Markets4.13
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        4.5
        Min deposit, USD
        0
        Leverage
        500CO
        COP
        Yes
      2. 2FBS4.08
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        5 group
        Leverage
        3000CO
        COP
        Yes
      3. 3FxPro4.05
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        100 group
        Leverage
        30CO
        COP
        Yes
      4. 4Pepperstone3.94
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Leverage
        200CO
        COP
        Yes
      5. 5FP Markets3.94
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        100 group
        Leverage
        500CO
        COP
        Yes
      6. 6Tickmill3.94
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        100 group
        Leverage
        500CO
        COP
        Yes
      7. 7Vantage3.93
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        50
        Leverage
        500CO
        COP
        Yes
      8. 8BlackBull Markets3.92
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        0
        Leverage
        500CO
        COP
        Yes
      9. 9Capital.com3.91
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6.5
        Min deposit, USD
        20
        Leverage
        200CO
        COP
        Yes
      10. 10ThinkMarkets3.9
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        50
        Leverage
        500CO
        COP
        Yes
      11. 11Plus5003.89
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        100 group
        Leverage
        300CO
        COP
        Yes
      12. 12MultiBank Group3.89
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Leverage
        500CO
        COP
        Yes
      13. 13JustMarkets3.85
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        10 group
        Leverage
        3000CO
        COP
        Yes
      14. 14ActivTrades3.84
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        4.2
        Min deposit, USD
        0 group
        Leverage
        200CO
        COP
        Yes
      15. 15Alpari3.82
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        30
        Leverage
        3000CO
        COP
        Yes
      16. 16Axi3.81
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        5 group
        Leverage
        500 groupCO
        COP
        Yes
      17. 17TMGM3.77
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        100 group
        Leverage
        1000CO
        COP
        Yes
      18. 18Admirals3.75
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        25
        Leverage
        500CO
        COP
        Yes
      19. 19HFM3.74
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        12
        Min deposit, USD
        5 group
        Leverage
        2000CO
        COP
        Yes
      20. 20Moneta Markets3.73
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        4
        Min deposit, USD
        50
        Leverage
        1000CO
        COP
        Yes
      21. 21HYCM3.71
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        5
        Min deposit, USD
        100 group
        Leverage
        500CO
        COP
        Yes
      22. 22Dukascopy3.7
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        8
        Min deposit, USD
        100 group
        Leverage
        200CO
        COP
        Yes
      23. 23LiteFinance3.68
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Min deposit, USD
        50 group
        Leverage
        500CO
        COP
        Yes
      24. 24FXCM3.67
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        11
        Min deposit, USD
        50 group
        Leverage
        400 groupCO
        COP
        Yes
      25. 25FXGT3.64
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        5 group
        Leverage
        5000CO
        COP
        Yes
      26. 26VT Markets3.59
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Leverage
        1000CO
        COP
        Yes
      27. 27Mitrade3.58
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        6
        COP
        Yes
      28. 28Eightcap3.54
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        100 group
        Leverage
        500CO
        COP
        Yes
      29. 29XM3.49
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        5 group
        Leverage
        1000CO
        COP
        Yes
      30. 30Trade Nation3.44
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        5
        Min deposit, USD
        0
        Leverage
        200CO
        COP
        Yes
      31. 31RoboForex3.42
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        4
        Min deposit, USD
        10 group
        Leverage
        2000CO
        COP
        Yes
      32. 32Swissquote3.42
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        16
        Leverage
        100CO
        COP
        Yes
      33. 33Exinity3.4
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        4
        Min deposit, USD
        10000
        Leverage
        400CO
        COP
        Yes
      34. 34Weltrade3.4
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        3.1
        Min deposit, USD
        25 group
        Leverage
        500CO
        COP
        Yes
      35. 35XTB3.25
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        9
        Min deposit, USD
        0
        Leverage
        500CO
        COP
        Yes
      36. 36BDSwiss3.21
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        10
        Min deposit, USD
        10 group
        Leverage
        2000CO
        COP
        Yes
      37. 37FXTM3.16
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        4
        Min deposit, USD
        100 group
        Leverage
        3000CO
        COP
        Yes
      38. 38eToro3.11
        Onboards
        Local · SFC
        Swap-free
        none, no limit
        Round turn, USD
        10
        Min deposit, USD
        50 group
        COP
        Yes

      How to read the ten below

      1. Start with the figure this page ranks on.

        Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.

      2. Check which company would onboard you.

        The same brand can take a resident of Colombia through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.

      3. Read the cost beside the deposit.

        The median round turn across this country is 6.0 USD and the median minimum deposit 25.0 USD; a low deposit beside a wide spread takes the difference back on every trade.

      Neighbouring slices(6 rankings · 5 explainers)

      Same country
      Explained

      FAQ

      How many brokers qualify for this ranking in Colombia?
      38 of 56 brokers measured for this country qualify.
      Which broker leads it, and on what basis?
      Fusion Markets leads it with a score of 4.13. The order is computed score, highest first; unscored brokers follow.
      What does a trade typically cost here?
      The median round turn - spread plus commission for one standard lot, in and out - is 6.0 USD across the brokers that publish both parts.
      Why do some rows show a dash instead of a figure?
      Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.
      Why are only ten brokers shown here?
      This page explains the term; the ten illustrate it. The full ranking lists 38 of 56 and is one click away.

      How this slice is scored

      Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology

      Verified · What changed · Sources(38 of 56 broker records)

      Verified01.10.2026
      data re-captured 28.09.2026

      Risk warning and affiliate disclosure

      CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.