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5 Best Forex Brokers in Romania

Best Forex Brokers in Romania

 

The 5 Best Forex Brokers in Romania – Rated and Reviewed. We have listed the Best Forex Broker accepting traders in Romania.

 

In this in-depth guide, you will learn:

 

  • The Best Forex Brokers in Romania – a List.
  • Is Forex Trading Legal in Romania?
  • The Most Trusted Broker for Forex in Romania
  • Top Forex Brokers in Europe
  • Leading Forex Brokers for Beginners

 

and much, MUCH more!

 

5 Best Forex Brokers in Romania

 

5 Best Forex Brokers in Romania – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Romanian Traders💴 Min. Deposit (RON)
🥇 Saxo👉 Click Here✅YesNone
🥈 CMC Markets👉 Click Here✅YesNone
🥉 Pepperstone👉 Click Here✅Yes609.52
🏅 Tickmill👉 Click Here✅Yes461.20
🎖️ IC Markets👉 Click Here✅Yes922.40

 

5 Best Forex Brokers in Romania (2024)

 

  1. ☑️ Saxo Bank – Overall, the Best Forex Broker in Romania
  2. ☑️ CMC Markets – Best Forex Broker for Beginners
  3. ☑️ Pepperstone – Best Overall Offering
  4. ☑️ Tickmill – Top Forex Broker for International Trading
  5. ☑️ IC Markets – Best Online Trading Experience

 

Saxo Bank Review

 

Saxo Bank

Saxo Bank is a highly regulated fully licensed Danish bank under the supervision of Finanstilsynet (the Danish FSA). Additional regulations include the Bank of the Netherlands and the UK Financial Conduct Authority (FCA). Account available Classic, Platinum, and VIP. Trading Platforms offered are SaxoTraderGO and SaxoTraderPRO. Moreover, No minimum deposit is required.

Trading Instruments available include Forex, CFDs, Stocks, Commodities, Futures, FX options, Listed options, ETFs, bonds, and, Mutual funds.  In Addition, No inactivity Fee is charged, and, Scalping plus Hedging, is available.

 

🔎 Broker🥇 Saxo
📈 Ease of Use4/5
📉 Support Hours24/5
📊 Trading PlatformsSaxoTraderGO, SaxoTraderPRO
💹 Account TypesClassic, Platinum, VIP
💴 Base Currencies18 currencies
🅰️ SpreadsFrom 0.4 pips
🅱️ Leverage1:30
💸 Currency Pairs185+
💳 Minimum Deposit0 USD
🚫 Inactivity FeeNone
⚙️ Website LanguagesEnglish, Danish, French, etc.
💰 Fees and CommissionsSpreads from 0.4 pips; commissions from $0 on Mutual Funds
🤝 Affiliate Program✅Yes
❌ Banned CountriesUnited States
📈 Scalping✅Yes
📉 Hedging✅Yes
📊 Trading InstrumentsForex, CFDs, stocks, commodities, futures, FX options, listed options, ETFs, bonds, mutual funds
🚀Open an Account👉 Click Here

 

Saxo Bank

 

Pros and Cons

 

✅ Pros❌ Cons
Instructional resources High Fees when Compared
Multiple Trading PlatformsFutures and options - complicated cost structures

 

Our Insights

Saxo Bank is best suited to established Traders. It provides a large number of proprietary offerings.

 

CMC Markets Review

 

CMC Markets

CMC Markets is a leading global provider of online trading and investing with access to Forex, Indices, Commodities, Crypto CFDs, Shares, Share baskets, Treasuries, and, ETFs. BaFin, FCA, ASIC, MAS, FMA, IIROC, and, the DFSA regulate it. Furthermore, Accounts offered are CFD, Spread Betting, and, Corporate with the integration of MetaTrader 4, Next Generation, and, the CMC Markets App.

In addition, No minimum deposit is required.  Moreover, notable features include access to over 330 Currency Pairs, Scalping, and, Hedging.

 

🔎 Broker🥇 CMC Markets
💴 Minimum Deposit0 USD
5️⃣ Ease of Use Rating5/5
🎁 BonusesYes
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here

 

CMC Markets

 

Pros and Cons

 

✅ Pros❌ Cons
Next Generation platformHigh Fees

 

Our Insights

CMC Markets suit all levels of trade with access to a wide range of account types and impressive, award-winning trading platforms.

 

Pepperstone Review

 

Pepperstone

Pepperstone is an award-winning Forex and CFD broker with access to Forex, Commodities, Indices, Currency Indices, Cryptocurrencies, Shares, and, ETFs. Furthermore, ASIC, BaFin, CMA, CySEC, DFSA, FCA and, the SCB regulate it. Accounts offered are Standard and Raw.

Moreover, the Trading Platforms offered are TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai. Furthermore, a minimum deposit of AU$200 is required. In addition, an Inactivity Fee is not charged, with access to over 70 Currency Pairs.

 

🔎 Broker🥇 Pepperstone
💴 Minimum DepositAU$200
📈 Account TypesStandard Account, Razor Account
💵 Base CurrenciesUSD, GBP
📉 SpreadsFrom 0.0 pips EUR/USD on the Razor Account
📊 Leverage1:500 (Pro), 1:200 (Retail)
💶 Currency Pairs70, minor, major, and exotic pairs
🚀 Open an Account
👉 Click Here

 

Pepperstone

 

Pros and Cons

 

✅ Pros❌ Cons
Fully digital account openingMostly CFDs offered
Great customer serviceBasic Trading Platforms

 

Our Insights

Pepperstone suites all levels of traders. Moreover, Beginners will benefit from a wide range of Educational resources and trusted customer support.

 

Tickmill Review

 

Tickmill

Tickmill is a multi-regulated multi-asset broker that offers access to Forex, Stock indices, Energy Indices, Precious Metals, Bonds, Cryptocurrencies, Stocks, and, ETFs. Accounts offered include VIP, Classic, and Pro. The minimum deposit is 100 USD.

Trading Platforms include MetaTrader 4, MetaTrader 5, and a proprietary mobile trading app. Additional features include Spreads from o Pips and Leverage up to 1:500.

 

🔎 Broker🥇 Tickmill
💴 Minimum Deposit$100
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips on the Pro and VIP Accounts
📉 Leverage1:500
💶 Currency Pairs62, major, minor, and exotic pairs
📊 Scalping✅Yes
💹 Hedging✅Yes
🖱️ Trading PlatformsMetaTrader 4, MetaTrader 5, Tickmill App
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

Tickmill Overview

 

Pros and Cons

 

✅ Pros❌ Cons
MetaTrader 4 and MetaTrader 5Limited range of instruments
Pro account with minimal commissionsLimited Trading Platforms

 

Our Insights

Tickmill suits all levels of Traders. Moreover, traders will benefit from a Welcome Bonus and occasional promotions.

 

IC Markets Review

 

IC Markets

IC Markets is a renowned Forex CFD provider with access to Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. ASIC, CySEC, FSA, and, the SCB regulate it. Accounts available are cTrader, Raw Spread, and, Standard. Trading Platforms available are MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and,  ZuluTrade.

Notable features include 8 Accepted base currencies, an Affiliate program, and, a Leverage of up to 1:500.

 

🔎 Broker🥇 IC Markets
💴 Minimum Deposit200 USD
💵 Inactivity FeeNone
📌 Regulation and LicensesASIC, CySEC, FSA, SCB
5️⃣ Ease of Use Rating5/5
🎁 BonusesNone
⏰ Support Hours24/7
🚀 Open an Account👉 Click Here

 

IC Markets

 

Pros and Cons

 

✅Pros❌Cons
Affordable forex and CFD trading costsHigh minimum deposit requirement
Comprehensive education and researchNo investor protection for non-EU customers

 

Our Insights

Benefits of trading with IC Markets include spreads from 0 Pips and 24/7 Customer Support.

 

Forex in Romania

 

The National Bank of Romania

The National Bank of Romania is the central bank of Romania. Responsibilities include conducting the authorization, regulation, and prudential supervision of credit institutions and defining and implementing the monetary and exchange rate policies. Moreover, it sets and oversees the application of Forex in Romania

 

The National Bank of Romania

 

Is Forex Trading Legal in Romania?

The National Bank of Romania sets and oversees the application of Forex in Romania and trading in the country can be done without restriction.

 

Is Forex Trading Legal in Romania?

 

In Conclusion

The popularity of Forex Trading in Romania has seen a notable rise. Moreover, the National Bank of Romania sets and oversees the application of the foreign exchange regime in Romania. Multiple International Forex Brokers accept Romanian Traders.

 

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker >>
🥈Read ReviewFMA, FSAUSD 50Visit Broker >>
🥉Read ReviewFSCA, CySEC, DFSA, FSA, CMAUSD 0Visit Broker >>
4Read ReviewCySEC, MISA, FSCAUSD 5Visit Broker >>
5Read ReviewFCA, CySEC, FSCA, SCBUSD 100Visit Broker >>
6Read ReviewFCA, FINMA, FSA, ASICUSD 0Visit Broker >>
7Read ReviewCySEC, FCA, FSA, FSCA, Labuan FSAUSD 100Visit Broker >>
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker >>
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker >>
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit Broker >>

 

Our Insights

While reviewing the Best Forex Brokers that accept Romanian Traders, we found 5 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.

 

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FAQs

Forex in Romania is Legal and well-regulated.

The National Bank of Romania

The Romanian leu is the currency of Romania.

Saxo falls under the regulatory authority of 14 Tier-1 Regulators.

CMC Markets does not require a minimum deposit.

70 Currency Pairs, including Minor, Major, and, Exotic Pairs.

Tickmill allows Scalping and Hedging.

IC Markets provides 24/7 Customer support.