Top Forex Brokers in Romania

Romania Forex

Romania is one of the biggest communities for forex trading in Europe. According Survey of Triennial Central Bank from 2016, there are 110 000 forex trades in Romania. The country is with over 19 million population and it is part of the European Union since 2007.

The local regulator in Romania is the Financial Supervisory Authority or ASF (Autoritatea de Supraveghere Financiara). The leverage limits and bonus restrictions are regulated from the European Securities and Markets Authority (ESMA).

How to Choose Best Forex and CFD broker in Romania

The local forex market in Romania is dominated by the main world and European forex brokers with regulation from the United Kingdom (FCA) or Cyprus (CySEC). As Romania is part of the European Union, the leverage is restricted to 30:1 for main forex pairs and 20:1 for minor ones. If you prefer higher leverage, you could be heading to other jurisdictions.

Other important criteria are open account process - how fast and convenient is the process, support of the broker - how fast and exact they reply. The deposit and withdrawal process is could be also important. If you prefer a method for payment is available for the chosen broker and other. If you are from Romania it will be good if the broker supports local currency (RON) payment.

Forex Broker Min deposit Leverage Deposit method Platforms Spread Swaps Support
Pepperstone

Visit

200 AUD  1:30
  • Visa
  • Mastercard
  • POLi
  • Bank transfer
  • BPay
  • PayPal
  • Neteller
  • Skrill
  • Union Pay
  • MT4
  • MT5
  • cTrader
Plus500

Visit
100 USD  1:30
  • Visa
  • Mastercard
  • Bank transfer
  • PayPal
  • Skrill
  • Plus500
XTB

Visit
250 USD  1:30
  • Visa
  • Mastercard
  • Bank transfer
  • PayPal
  • Skrill
  • MT4
XM

Visit
5 USD  1:30
  • Visa
  • Mastercard
  • Bank transfer
  • Other electronic methods
  • MT4
CMC Markets 0 USD  1:30
  • Visa
  • Mastercard
  • Bank transfer
  • MT4
  • Next Generation
IG Markets 300 USD  1:30
  • Visa
  • Mastercard
  • Bank transfer
  • HKD FPS
  • MT4
  • IG's trading platform

Trading platforms

Based on your requirements, a different Forex platform could be the most suitable for you. Different trading platforms have different features. For example, more time frames, free news, and analysis, the possibility for algorithmic trading, and others. As there is a big number of brokers who are operating and offer Forex trading in Romania, you have chosen this one that fits the best for you - MetaTrader 4, MetaTrader 5, C Trader and a lot of custom developed trading platforms for every single broker.

Leverage

As we already discussed the brokers regulated in Romania and the European Union could offer limited leverage for their retail clients. If you cover the conditions for professional clients, you could benefit from higher leverage. Another option is to choose a broker regulated in another jurisdiction.

List of trading instruments

Some of the brokers offer even more than 2 000 trading CFDs. They include CFDs based on Forex (FX), main world indices, Single Stock CFDs, ETFs, commodities, Metals, Cryptocurrencies, and others.

Conclusion

The Forex market in Romania offers a big variety of brokers between you could choose. The offer different leverages, platforms, and trading instruments. Romanian regulation as part of European union's regulation is one of the strongest jurisdictions and you can be calm about the security of your trading funds.

Forex Brokers Ranking

Looking for an independent and professional Forex brokers review? Our researches will help you find a broker supporting all financial instruments you may need. It will also help you choose the best trading platform for your manual or automated trading.

Disclaimer: Trading Forex (foreign exchange) or CFDs (contracts for difference) on margin carries a high level of risk and may not be suitable for all investors. Please note that FxBrokersRanking.com do not provide any kind of financial advices or recommendations.

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