The colloidal dispersion of the invention is characterized in that it comprises an organic phase; particles of an iron compound in its amorphous form; and at least one amphiphilic agent. It is prepared by a process in which either an iron salt in the presence of an iron complexing agent or an iron complex is reacted with a base, maintaining the pH of the reaction medium at a value of at most 8 to obtain a precipitate, the iron complexing agent being selected from hydrosoluble carboxylic acids with a complexing constant K such that the pK is at least 3 and the iron complex being selected from the products of reacting iron salts with said acids; then the precipitate obtained or a suspension containing said precipitate is brought into contact with an organic phase in the presence of an amphiphilic agent to obtain the dispersion in an organic phase. The dispersion of the invention can be used as a combustion additive in liquid fuel or motor fuel.