5 Best Forex Brokers in Romania
Last Update: June 26th, 2024
The 5 Best Forex Brokers in Romania—Rated and Reviewed. We have listed the Best Forex Brokers 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 – a Comparison
🔎 Broker | 🚀Open an Account | 🤝 Accepts Romanian Traders | 💴 Min. Deposit (RON) |
🥇 Saxo | 👉 Click Here | ✅Yes | None |
🥈 CMC Markets | 👉 Click Here | ✅Yes | None |
🥉 Pepperstone | 👉 Click Here | ✅Yes | 609.52 |
🏅 Tickmill | 👉 Click Here | ✅Yes | 461.20 |
🎖️ IC Markets | 👉 Click Here | ✅Yes | 922.40 |
5 Best Forex Brokers in Romania (2024)
- ☑️ Saxo Bank – Overall, the Best Forex Broker in Romania
- ☑️ CMC Markets – Best Forex Broker for Beginners
- ☑️ Pepperstone – Best Overall Offering
- ☑️ Tickmill – Top Forex Broker for International Trading
- ☑️ IC Markets – Best Online Trading Experience
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 Use | 4/5 |
📉 Support Hours | 24/5 |
📊 Trading Platforms | SaxoTraderGO, SaxoTraderPRO |
💹 Account Types | Classic, Platinum, VIP |
💴 Base Currencies | 18 currencies |
🅰️ Spreads | From 0.4 pips |
🅱️ Leverage | 1:30 |
💸 Currency Pairs | 185+ |
💳 Minimum Deposit | 0 USD |
🚫 Inactivity Fee | None |
⚙️ Website Languages | English, Danish, French, etc. |
💰 Fees and Commissions | Spreads from 0.4 pips; commissions from $0 on Mutual Funds |
🤝 Affiliate Program | ✅Yes |
❌ Banned Countries | United States |
📈 Scalping | ✅Yes |
📉 Hedging | ✅Yes |
📊 Trading Instruments | Forex, CFDs, stocks, commodities, futures, FX options, listed options, ETFs, bonds, mutual funds |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Instructional resources | High Fees when Compared |
Multiple Trading Platforms | Futures 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
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, Scaling, and Hedging.
🔎 Broker | 🥇 CMC Markets |
💴 Minimum Deposit | 0 USD |
5️⃣ Ease of Use Rating | 5/5 |
🎁 Bonuses | Yes |
⏰ Support Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Next Generation platform | High Fees |
Our Insights
CMC Markets suits all levels of trade with access to a wide range of account types and impressive, award-winning trading platforms.
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 Deposit | AU$200 |
📈 Account Types | Standard Account, Razor Account |
💵 Base Currencies | USD, GBP |
📉 Spreads | From 0.0 pips EUR/USD on the Razor Account |
📊 Leverage | 1:500 (Pro), 1:200 (Retail) |
💶 Currency Pairs | 70, minor, major, and exotic pairs |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Fully digital account opening | Mostly CFDs offered |
Great customer service | Basic 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
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 and 5 and a proprietary mobile trading app. Additional features include Spreads from Pips and Leverage up to 1:500.
🔎 Broker | 🥇 Tickmill |
💴 Minimum Deposit | $100 |
💵 Inactivity Fee | None |
📈 Spreads | From 0.0 pips on the Pro and VIP Accounts |
📉 Leverage | 1:500 |
💶 Currency Pairs | 62, major, minor, and exotic pairs |
📊 Scalping | ✅Yes |
💹 Hedging | ✅Yes |
🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, Tickmill App |
⏰ Support Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
MetaTrader 4 and MetaTrader 5 | Limited range of instruments |
Pro account with minimal commissions | Limited Trading Platforms |
Our Insights
Tickmill suits all levels of Traders. Moreover, traders will benefit from a Welcome Bonus and occasional promotions.
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 Deposit | 200 USD |
💵 Inactivity Fee | None |
📌 Regulation and Licenses | ASIC, CySEC, FSA, SCB |
5️⃣ Ease of Use Rating | 5/5 |
🎁 Bonuses | None |
⏰ Support Hours | 24/7 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅Pros | ❌Cons |
Affordable forex and CFD trading costs | High minimum deposit requirement |
Comprehensive education and research | No investor protection for non-EU customers |
Our Insights
Benefits of trading with IC Markets include spreads from 0 Pips and 24/7 Customer Support.
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
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.
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.
Broker | Review | Regulators | Min Deposit | Website | |
---|---|---|---|---|---|
🥇 | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker | |
🥈 | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker | |
🥉 | Read Review | FCA, FSCA, FSC, CMA | USD 10 | Visit Broker | |
4 | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker | |
5 | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker | |
6 | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker | |
7 | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker | |
8 | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker | |
9 | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker | |
10 | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit 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.
You might also like:
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.
IC Markets provides 24/7 Customer support.