Trii — Análisis Completo 2025 | Bolsa De Valores De Colombia

Finance-focused summary (Tri app / broker in Colombia)

What Tri is (instruments available)

• Tri is a Colombian fintech that lets individuals invest in:
  • Stocks and ETFs on the Colombian Stock Exchange
  • Some global/international securities via the Colombian market (examples mentioned: exposure to U.S., Chile, Peru)
  • Collective investment funds
  • CDTs and fixed-income securities are mentioned but described as sporadically available (not available at recording time)
• Tri integrates with TradingView for charts and stock information.

Tax / fee-related advantages (key point)

• Capital gains tax benefit (Colombia stock market)
  • The video claims that when investing through the Colombian stock exchange, you don’t pay tax on price appreciation when you sell (applies to global/international assets traded locally).
  • Dividends are taxed—the benefit is mainly for price appreciation, not income/interest.
  • Disclosure note: the benefit is described as recent, and its duration is uncertain.
• Accumulating (reinvesting) ETFs (Europe-domiciled)
  • To invest in the S&P 500, the video contrasts:
    • BOO (U.S.-linked ETF) → lower returns due to dividend taxation
    • CSPX (Europe-domiciled alternative) → dividends are reinvested; the presenter argues this reduces dividend withholding drag and can improve long-run returns.

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Collective investment funds (structure & ranges)

The video outlines how Tri’s fund options are positioned:

• Funds span conservative → moderate → very risky
• No opening/deposit/withdrawal cost for funds
• Fund investor commission (expense)
  • Approximately ~1% to 3% effective annual rate
  • Reported as already deducted from returns

Example fund categories referenced:

• Low-risk/open fund (acts “almost like a savings account”)
  • Minimum to open: 1,000 COP
  • Deposits/withdrawals: “any business day”
• Other funds may require minimum terms / minimum investments, including:
  • A closed fund with a minimum term of 6 months
  • Minimum investments mentioned:
    • 55,000 COP (Colombian shares fund)
    • 50,000 COP (U.S. shares fund)

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Key risks explicitly mentioned

• FX risk for dollar-based assets
  • You invest in COP, but holdings can be dollar-denominated
  • Example: if you invest 1,000,000 COP and the asset doesn’t move, but COP strengthens (dollar down) by 5%, your value becomes 950,000 COP
• Liquidity risk (small Colombian market)
  • The Colombian exchange is described as small, increasing risk of:
    • Orders not filling
    • Wide spreads
  • Some small companies may not even appear on Tri (example: Paz del Río stores, mentioned as not shown due to small size)
• No cryptocurrencies
  • Tri does not offer crypto trading

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Commission / trading cost framework (explicit numbers + practical impact)

The presenter emphasizes trading costs as Tri’s main weakness.

Purchase + sale commission (classic mode)

• Commission described as:
  • 12,500 COP + VAT (also stated as 14,875 COP per purchase and sale)
• Illustrative impact:
  • If you invest 100,000 COP, you’re left with 70,250 COP after buying and selling (fees consume a large portion)
  • Investing around 1,000 COP is described as “pointless” due to fees
• Break-even return (to cover fees only):
  • 100,000 COP → needs roughly ~30% return (as stated)
  • 1,000,000 COP → needs at least ~3% return (as stated)

Cost taper at higher order sizes

• From 5,000 COP onward, commissions are described as dropping to about:
  • 0.25% (example logic: 0.25% of 5,000 = 12,500 COP)
• Claimed round-trip cost:
  • From 5,000 onward, roughly ~0.6% in commissions for both buy and sell (as described)

Dividend/payment commission (additional drag)

• Tri charges 1% for dividend payments or a minimum of 200 euros
• If you hold few shares, dividend charges may consume much of dividend income

Fractional shares not allowed

• No fractional shares purchase
• Example logic: to invest in the S&P 500, you must buy a whole unit (the video mentions “above 2,000 COP,” though exact unit pricing isn’t fully specified)

Tri Pro discount & features (timing/cost)

• Tri Pro pricing
  • 27,900 COP/month or 279,000 COP/year
• Features
  • Real-time prices
  • More market depth (order book / buy-sell offers)
  • Stop loss and auction participation support
  • Price alerts
  • 50% commission discount
    • Framed as most useful if you do ≥ 4 buy/sell transactions per month

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Negative “unreliable/buggy” tech issues

• Prices delayed by 15 minutes in the basic version (by design)
• Platform reliability complaints, including:
  • Freezes / requires restart
  • Search results loading indefinitely
  • Session ends unexpectedly (phone lock → session closed → login loop)

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“Ugly” / unresolved concerns & operational issues

• Commission already rose
  • Mentioned as starting at 10,000 COP and now 12,500 COP
  • Uncertainty whether it will continue rising
• Withdrawal charge
  • 4,000 COP deducted from withdrawal of uninvested funds
  • Example scenario: deposit 1,000,000 COP, invest 890,000 COP, then withdraw the remaining uninvested portion → fee applies
• Customer service / recovery issues
  • Some user reports claim:
    • Delays or failure to get money back
    • Poor customer support

Tri Pro / marketing event risk

• “Tri-Day” on April 29, 2025
  • Claimed >55,000 transactions
  • Allegedly caused outages severe enough that some brokers had to suspend operations and process orders by phone

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Methodology / decision framework implied (practical guidance)

• Compare total expected return vs. round-trip trading commissions
  • If capital is small (e.g., 100,000 COP), fees may require very high returns to break even
• Use a two-step approach suggested by the presenter:
  1. Start with investment funds first (lower ticket sizes / more accessible)
  2. Move to stocks/ETFs once capital is larger
• Account for:
  • Dividend taxation (even if capital gains are tax-advantaged)
  • FX exposure on dollar-linked holdings
  • Liquidity/spread risk in small-market Colombian listings
  • No fractional shares constraints
• Treat broker events/promos (commission-free days) as unreliable for planning

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Performance & recommendations / rating

Disclaimers included

• “Neither this nor any other platform is for getting rich overnight”
• No guarantees; past performance is not a promise
• Investing involves risk
• Tri doesn’t decide what to invest in; users should do their own research

Final rating (presenter)

• 6.5 / 10
• Main reasons:
  • Exorbitant commissions (especially at small order sizes)
  • Technology failures/delays

Recommendation stance

• Tri stock/ETF trading is described as good and optimal mainly for those with substantial capital, leveraging the Colombia tax advantage on capital gains
• Tri funds are described as competitive and potentially better for beginners/smaller amounts

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Tickers / instruments / assets mentioned

ETFs / indices exposure

• S&P 500 (index exposure)
• BOO (ETF mentioned for S&P 500 exposure; framed as U.S. dividend taxed)
• CSPX (Europe-domiciled ETF; dividends reinvested)

Companies / examples

• Ecopetrol (example of major liquidity)
• Paz del Río (mentioned as too small to appear)
• “CBEST group” (mentioned as an example of liquidity relative to small names)

Insurance / custodial entity mentioned

• Fogacol (coverage up to a cap described in COP)

Account types

• CDTs (certificados de depósito a término) mentioned

Crypto

• None available (explicitly stated)

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Numbers explicitly called out

• FX example: 1,000,000 COP → 950,000 COP if dollar falls 5%
• Trading commission: 12,500 COP + VAT (also stated as 14,875 COP per purchase and sale)
• Commission impact example: 100,000 COP → 70,250 COP after buy+sell (as stated)
• Break-even requirements:
  • ~30% return for 100k COP (as stated; ignores inflation)
  • at least ~3% return for 1,000,000 COP (as stated)
• Order-size threshold: from 5,000 COP, commissions approx. 0.25%
• Round-trip commission approx.: ~0.6% for buy+sell from 5,000 COP
• Dividend/payment commission: 1% or minimum 200 euros
• Withdrawal fee: 4,000 COP deducted from the uninvested portion withdrawal
• Price delay: 15 minutes in non-Pro
• Tri Pro pricing: 27,900 COP/month or 279,000 COP/year
• Tri-Day event: April 29, 2025, >55,000 transactions
• Fund minimums:
  • 1,000 COP (open/low-risk)
  • 6 months lock for a closed fund
  • 55,000 COP (Colombian shares minimum)
  • 50,000 COP (U.S. shares minimum)
• Fogacol insurance (broker-related): covers up to 85% of client money or a max 548 million COP (stated)

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Disclosures / disclaimers in the subtitles

• Investing involves risk; no guarantees
• Past performance (e.g., funds showing 30% returns) is not a promise of future returns
• Tri doesn’t tell users what to invest in; users should do their own research
• “This nor any other platform is for getting rich overnight” (explicit caution)
• No explicit “not financial advice” wording appears, but risk/no-guarantee disclaimers are present

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Presenters / sources mentioned

• Presenter/reviewer: not named in the subtitles (speaking throughout)
• Tri and related entities:
  • Acciones y Valores (broker mentioned as supervised by Colombia’s Financial Superintendency)
  • Fogacol (insurance mentioned)
• Other broker/app names mentioned:
  • Happy
  • Dollar Appen (as named in subtitles)
• TradingView (integration mentioned)
• Best CT (mentioned as a place to check most profitable CDs)