- Your cart is empty Browse Shop
A prop firm in Colombia is a company, usually based abroad, that sells you a simulated trading account in US dollars with risk rules attached and pays you rewards if you trade profitably without breaking those rules. Paying from Colombia is straightforward (card, PayPal or USDT) and the trading hours are the most convenient in the region: during US standard time, Bogotá is on the same clock as New York. For most traders, the best start is a MICRO or 25K Futures Evaluation, getting paid through Wise or in USDT, and always comparing the exchange rate each route gives you.
The 30-second summary
- What fits best: a MICRO or 25K Futures Evaluation if you are just starting; 25K Futures Instant Funding if you already have a tested strategy; the EmergeFX 2-Step Evaluation if you trade forex and hold positions overnight.
- Paying by card: there is no surcharge like Argentina’s “percepción” tax; the cost is the exchange rate plus your bank’s foreign transaction fee, if it charges one.
- PayPal: paying is free unless a currency conversion is involved; PayPal lists a 4.5% markup over the base rate for conversions when sending payments.
- Getting paid: bank transfer (the bank converts to pesos and asks you for the foreign-exchange purpose code), Wise (Colombia is one of the countries where you can hold a balance) or USDT.
- Hours (November 2026): the US index open is at 9:30 a.m. Bogotá time; London opens at 3:00 a.m.
- Taxes: residents report both Colombian and foreign-source income to the DIAN (the tax authority). Talk to an accountant.
What a prop firm is and why it makes sense from Colombia
A prop firm (funding firm) evaluates traders on simulated accounts. You pay a fee, stay within the daily loss limit and maximum drawdown, and once you hit the targets you move to a simulated funded account where your results earn rewards under a profit split. The full model is explained in what funded trading accounts are.
From Colombia the case is practical. Trading CME futures with a foreign broker means wiring dollars abroad and depositing all the capital you put at risk; with a prop firm, the most you can lose is the fee. And the New York session falls within Colombian office hours, with no early mornings or late nights.
What doesn’t change: this is simulated trading, you lose the fee if you break a rule, and trading involves risk.
How to pay a prop firm from Colombia
Emerge Profit accepts card, PayPal or crypto. The cost difference between them comes from the exchange rate and fees, not from any special tax on buying in dollars.
| Payment method | Main cost | What to watch |
|---|---|---|
| Credit card in pesos | The issuer’s exchange rate and a possible foreign transaction fee | Check the rate applied and any charges on your statement |
| International debit card | The bank’s exchange rate and fee, if any | Make sure your debit card is enabled for purchases abroad |
| PayPal | Free to pay; if PayPal converts, 4.5% over the base rate | Useful if your card is already linked to PayPal |
| USDT (crypto) | The P2P or exchange spread plus the network fee | Check the address and network; a mistaken transfer can’t be recovered |
Worked example: a $100 purchase from Colombia
With an illustrative rate of 4,000 pesos per dollar (use the day’s rate):
- Card with no foreign transaction fee: 100 × 4,000 = 400,000 pesos, at your issuer’s rate.
- Card with a sample 3% fee: 400,000 + 12,000 = 412,000 pesos, plus any tax your bank applies to the fee.
- PayPal converting the currency: 400,000 × 1.045 = 418,000 pesos.
- USDT via P2P: depends on the listing price; compare it with the day’s official rate (TRM) before you buy.
How to pay with USDT from Colombia
- Use an exchange with a P2P market in Colombian pesos and pick verified sellers with many completed trades.
- Pay from an account in your own name (bank transfer or digital wallet) and confirm only once the seller releases the USDT.
- Copy the address and network shown on the prop firm’s payment page, and cover the network fee.
- Save the transaction hash and the confirmation email.
Colombia’s Financial Superintendency warns that transactions in virtual currencies carry no private or government guarantee and that it has not authorized the entities it supervises to hold or intermediate them. Use them with that risk in mind.
How to receive your rewards in Colombia
At Emerge, identity verification (KYC) is only required when you request a reward, which is paid by bank transfer or in USDT. The process is in how to get paid by Emerge Profit.
Option 1: transfer to your bank account
An incoming international wire in dollars reaches your bank, which converts it to pesos at its own rate. Because it is a foreign-exchange transaction, the bank will ask you to state the purpose of the income (the “numeral cambiario”), under Banco de la República’s Circular DCIP-83 rules. Ask in advance what fee your bank charges for incoming wires and which code it suggests for your case.
Option 2: Wise
According to Wise’s help center, Colombian residents can hold a balance in their account, and Colombia is not among the countries excluded from USD account details. With those details you can receive the transfer and then send pesos to your Colombian account. Compare Wise’s rate with your bank’s before choosing.
Option 3: USDT
You receive USDT in a wallet or exchange account in your name and decide whether to keep it or sell it for pesos via P2P. Precautions:
- Use an address you own and check the network before entering it in your reward request.
- When selling, only accept payments from accounts in the buyer’s name; third-party payments can get your bank account frozen.
- Keep the receipts for each sale along with the rate you got.
Taxes: what to check with the DIAN
This is not tax advice; consult an accountant. As a general framework, Article 9 of Colombia’s Tax Code states that individuals resident in Colombia are subject to income tax on their income and occasional gains from both Colombian and foreign sources, and on their assets inside and outside the country. How a reward is classified, whether you have to file that year and how to report balances held in Wise or USDT depends on your situation.
- Records: the purchase invoice, proof of each reward and statements from your bank, Wise or exchange.
- Exchange rate: record the rate for each amount received in dollars or USDT.
- Assets abroad: balances held outside Colombia are also part of your net worth.
Futures and forex hours in Colombia time (November 2026)
Colombia uses UTC-5 all year. The US went back to standard time on November 1, 2026, so New York and Bogotá share the same clock time until March 14, 2027.
| Event | New York time (ET) | Colombia time |
|---|---|---|
| CME Globex futures weekly open | Sunday 6:00 p.m. | Sunday 6:00 p.m. |
| Daily CME Globex break | 5:00 to 6:00 p.m. | 5:00 to 6:00 p.m. |
| Tokyo session (exchange, 9:00 a.m. to 3:30 p.m. Japan time) | 7:00 p.m. to 1:30 a.m. | 7:00 p.m. to 1:30 a.m. |
| London session (exchange, 8:00 a.m. to 4:30 p.m. London time) | 3:00 to 11:30 a.m. | 3:00 to 11:30 a.m. |
| US macro data (jobs, inflation) | 8:30 a.m. | 8:30 a.m. |
| Index open (NYSE and Nasdaq) | 9:30 a.m. | 9:30 a.m. |
| New York stock market close | 4:00 p.m. | 4:00 p.m. |
| London–New York overlap (forex) | 8:00 to 11:30 a.m. | 8:00 to 11:30 a.m. |
From March 14, 2027 New York is 1 hour ahead: the index open moves to 8:30 a.m. Colombia time and macro data to 7:30 a.m. On Thursday, November 26, 2026 (Thanksgiving) the New York stock market is closed and CME runs shortened hours. More detail in futures market hours.
Which Emerge account fits a Colombian trader
Emerge Profit offers four routes; prices change monthly and are always shown up to date.
| Account | Reference size | Daily loss limit | Maximum drawdown | Contracts or margin | From |
|---|---|---|---|---|---|
| Futures Evaluation | MICRO | $350 | $800 (EOD) | 5 micros | $60 |
| Futures Evaluation | 100K | $2,200 | $3,500 (EOD) | 12 minis or 120 micros | Depends on size |
| Futures Instant Funding | 25K | $450 | $1,500 | 2 minis or 20 micros | $130 |
| EmergeFX Evaluation (2-Step) | Depends on size | 5% | 10% static | 1:100 margin | $68 |
| EmergeFX Instant Funding | 50K Classic | $1,000 | $2,500 static | 1:100 equivalent margin | $120 |
- Beginner or tight budget: the MICRO (target $850) or 25K Emerge Futures Evaluation. EOD drawdown, 5-day minimum, 50% consistency rule and no activation fee; once you pass, 100% of your first rewards are yours. Positions are closed before the end of each session.
- Tested strategy, no interest in a challenge: 25K Futures Instant Funding, with a 90/10 profit split, news trading allowed and no time limit.
- Forex with multi-day positions: the 2-Step EmergeFX Evaluation (8% and 5% targets, 125% fee refund with your first reward). Static drawdown and weekend holding allowed.
- Forex swing trading without a challenge: EmergeFX Instant Funding, with a static drawdown and 1:100 equivalent margin.
Example: risk per trade on the MICRO evaluation
The MICRO allows up to 5 micros, with a $350 daily loss limit and an $800 drawdown. On MES ($5 per point) with a 6-point stop, each micro risks $30; with 2 micros, $60 per trade. That lets you take 5 losses in a day without hitting the daily limit and 13 before using up the drawdown. If you go up to 5 micros, risk jumps to $150 and 3 losses are enough to end your day: that is why you should scale up gradually, as the Operational Consistency and Position Sizing Rule requires.
Prop firms in Colombia: FAQ
What is the best prop firm for Colombian traders?
One that lets you pay by card or USDT without high fees, pays you by bank transfer, Wise or USDT, and has clear rules with support in Spanish. Emerge Profit checks those boxes; compare drawdown, consistency and total cost before you buy.
How do I pay a prop firm from Colombia?
With an international credit or debit card, PayPal or USDT. There is no special tax on buying in dollars: the cost lies in the exchange rate and your bank’s or PayPal’s fees.
How much does a funded account cost in Colombia?
At Emerge, the Futures Evaluation and Futures Instant Funding start from the current prices shown in the table above. To get the peso cost, multiply by your card’s rate and add the foreign transaction fee if your bank charges one.
How do I receive rewards in Colombia?
By transfer to your bank (which converts to pesos and asks for the foreign-exchange purpose code), to your Wise account or in USDT to a wallet you own. The account holder must match the person who passed identity verification.
Does Wise work in Colombia for receiving dollars?
According to Wise’s help center, Colombian residents can hold a balance, and Colombia is not among the countries excluded from USD account details. Confirm availability in your profile before your first reward.
Do I have to report rewards to the DIAN?
Residents are taxed on Colombian and foreign-source income, so you will likely need to include them in your return. This is not tax advice: consult an accountant.
Sources
- Contadia – Tax Code, Article 9 (in Spanish, accessed November 2026).
- DIAN – Income tax for resident and non-resident individuals (in Spanish, accessed November 2026).
- Banco de la República – External Regulatory Circular DCIP-83 compendium (in Spanish, accessed November 2026).
- Superintendencia Financiera de Colombia – Virtual currency transactions are not covered by any guarantee (in Spanish, accessed November 2026).
- PayPal Colombia – Consumer fees (accessed November 2026).
- Wise – Where do I need to live to hold money with Wise? (accessed November 2026).
- Wise – Can I get USD account details? (accessed November 2026).
- Wise – What countries/regions can I send to? (accessed November 2026).
- CME Group – Trading hours (accessed November 2026).
- NYSE – Holidays & Trading Hours (accessed November 2026).
- JPX – Extension of trading hours (05/11/2024) (accessed November 2026).
- London Stock Exchange – London Stock Exchange to launch LSE 24 (current Main Market hours) (accessed November 2026).
- NIST – Daylight Saving Time (DST) (accessed November 2026).
Emerge Profit · Simulated funded accounts
Choose how to start: with an evaluation or with instant access
Lowest cost
Futures Evaluation
from $60
Pass a simulated evaluation with no activation fee and keep 100% of your first rewards once you are funded.
View evaluationsMost popular
Futures Instant Funding
from $130
No evaluation: trade from day one on NinjaTrader, Tradovate or TradingView with no platform license fee.
View Instant FundingLowest cost
EmergeFX Evaluation
from $68
1-step or 2-step evaluations on cTrader or DXtrade, with clear rules and no time limit.
View evaluationsMost popular
EmergeFX Instant Funding
from $120
Instant access on cTrader or DXtrade, with no evaluation phase.
View Instant Funding✔ 4 years in the market · Dedicated support · Instant activation
Emerge Profit provides simulated trading accounts for educational and evaluation purposes. We are not a broker and we do not manage client funds. Prices shown are promotional and may change.
Futures Instant Funding from $130
View accounts