Best Forex Brokers in Romania
Forex trading is legal in Romania and is very popular as well. After the inclusion of Romania in the EU, MiFID II and ESMA compliance is also expected adding further layers of security. We compared many brokers in terms of support, trading platforms, regulations, tradable instruments, and much more. The following are some of the best forex brokers in Romania.
Pros, cons & fees

Very Low Minimum Deposit: Traders can get started with a deposit of $5.

Negative Balance Protection: Traders cannot lose more funds than they have in their accounts with negative balance protection

Extensive Tradable Instruments: Over 2,000 tradable instruments across forex, metals, oil, indices, shares, ETFs, and crypto.

Promotions Not Universally Available: Some promotions are only available in selected regions.

Neteller Payment Delays: Neteller withdrawals are subject to a 7-business-day waiting period after a deposit.

Separate Site for EU Natives: EU residents are redirected to a separate, EU-regulated platform.
Pros, cons & fees

Multi-Regulated Broker: XM has multiple regulations including CySEC (Cyprus), FSC (Belize and Mauritius), FSA (Seychelles), and DFSA (Dubai).

Variety of Bonuses: The broker offers an extensive range of bonuses including welcome, no-deposit, and seasonal offers that can boost capital and allow profit withdrawal.

Consistent High Leverage and Low Spreads: The company offers consistently low spreads and a high leverage even during volatile market conditions.

Not Available in the US: XM does not accept clients from the US. For traders based in restricted regions, it is best to look for other options.

Offerings May Differ Based on Location: Payment methods, trading strategies, and bonuses may vary depending on your location.

Inactivity Fees: XM charges a dormant fee when your account stays dormant for consecutive 90 days. You are charged an inactivity fee of $10 per month.
Pros, cons & fees

26,000+ Tradable Assets: BlackBull Markets provides access to more than 26,000 tradable instruments across 5 different asset classes.

Multiple Trading Platforms: Traders can use MetaTrader 4, MetaTrader 5, TradingView, cTrader, and MetaTrader WebTrader. The broker also offers proprietary BlackBull Invest and BlackBull CopyTrader platforms.

Extensive Variety of Tools and Third-Party Services: BlackBull offers access to VPS, ZuluTrade, Myfxbook, an Economic Calendar, and Trading Calculator.

Flat Administrative Fee on Swap-Free Islamic Accounts: BlackBull Markets charges a flat administrative fee on swap-free trading accounts.

$5 Withdrawal Fee: On every withdrawal, a withdrawal fee of $5 is applied to a trader’s account.
Pros, cons & fees

High Leverage Options

Low Initial Deposit Requirements

Lack of Proper Regulation

Withdrawal Issues

Poor Customer Support
Pros, cons & fees

Trading Accounts for Different Types of Traders: VT Markets offers STP, ECN, Cent, and Swap Free trading accounts. The company also offers a demo account for 90 days.

Multi Regulated Brokerage: VT Markets has multiple reputable regulations from South Africa, Dubai, and Mauritius.

Investor Protection and Trader Insurance: The company is a part of The Financial Commission and Compensation Fund and has Lloyd’s Insurance with coverage of over €20,000 and $1M respectively for client funds.

No Phone Support: VT Markets does not offer phone support.
Pros, cons & fees

Regulated by Multiple Tier-1 Authorities

Competitive Trading Conditions

Wide Range of Trading Platforms

Higher Commissions on Certain Platforms

Limited Educational Resources Compared to Other Brokers

Not Available Worldwide
Pros, cons & fees

Highly Regulated Broker: Libertex is regulated by CySEC, and has been operating for over a decade making it one of the reputable names in the brokerage space.

Extensive Range of Underlying Assets: Wide range of CFDs (1000+ across all major markets) plus real stock investment.

Major and Proprietary Trading Platforms: You can access popular trading platforms like MT4 and MT5. In addition, you can also trade with the company’s proprietary trading platform.

Leverage Capped at up to 1: 30 for Retail Clients: Retail leverage is capped at 1:30 because of CySEC regulation.

No Islamic (Swap-Free) Account: The broker does not offer Swap-Free/Islamic accounts. You can explore other brokers who offer swap-free trading on TopBrokers.

Limited Availability: Only clients from EEA Area and Switzerland are accepted.
Pros, cons & fees

Competitive Spreads

Comprehensive Educational Resources

Robust Customer Support

Limited Deposit and Withdrawal Options

Occasional Platform Glitches

Limited Regulatory Oversight in Certain Regions
Pros, cons & fees

Wide Range of Account Types: PU Prime provides a variety of account types designed to suit different trading styles and experience levels, from beginners to advanced traders.

Great Leverage: Control larger positions using minimal capital, thanks to leverage of up to 1:1000. This allows you to maximize opportunities in the market but remember, while higher leverage can enhance potential gains, it also increases risk.

24/7 Multi Channel Support: Round-the-clock assistance is provided by PU Prime through multiple channels, including live chat, email, and phone support. Services are offered in 18 languages, ensuring accessibility for a diverse range of traders.

Slightly Higher Spreads: For no-commission accounts, spreads starting at 1.3 pips are slightly higher than the industry average.

High Minimum Deposit: High minimum deposit for the low-spread and commission-based accounts

No EU Regulations: Despite being regulated by 4 authorities, including top-tier ASIC, the broker does not offer dedicated EU regulation for European clients.
Pros, cons & fees

Top-Tier Regulation

Low Forex Fees

No Withdrawal Fees

High Stock CFD Fees

Limited Product Portfolio

User Interface Could Be More Intuitive









