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Romania Forex Brokers
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Romania is among the biggest economies in Europe with its rapid economic growth, advanced online technologies, and the reputation of being an EU member state quickly became an attractive business destination. The volumes of Forex trading in Romania increased and made Forex more accessible to Romanian traders.
Forex Trading Platform in Romania
Forex Trading is legal and fully regulated in Romania. The Financial Supervisory Authority (ASF) is the supervisory body responsible for inspecting and overseeing the Romanian Financial Market and protecting Romanian traders from fraudulent ventures.
- Forex brokers and platforms operating in Romania are obliged to obtain local regulatory license granted by ASF to ensure that brokers and traders comply with regulations and standards.
- As a member nation of the European Union, Romanian traders have the opportunity to engage in business transactions with any European brokerage firms, adhering to the professional standards set by MiFID.
- It is crucial to exercise due diligence before selecting a broker to avoid potential risks with offshore brokers that widely attract traders from Romania.
Read more about the forex market on Wikipedia.
| Romania Trading Pros | Romania Trading Cons |
|---|---|
| Access to European brokers | Risk of loss |
| Regulatory protection | Scams and unregulated brokers may attract Romanian traders |
| Compliance with EU standards | Limited local support |
| International liquidity |
Forex regulation in Romania
Forex trading is legal in Romania and brokers need to hold a license from its local regulatory body – the Financial Supervisory Authority or ASF (Autoritatea de Supraveghere Financiara).ASF is a national Romanian governmental agency, responsible for regulation, supervision, and control of the nonbank markets in Romania.
The official ASF website is asfromania.ro. We also recommend following the regulator’s official Twitter account — @asf_romania.
Have a look at some important notes regarding AFS and Trading with Romania Brokers:
- As an EU member, Romania falls under the European regulatory umbrella of the Markets in Financial Instruments Directive (MiFID). Within this law, all EU-regulated brokers are allowed to provide their financial services to the residents of other EU countries.
- Additionally, online brokers’ retail clients are subject to restrictions set by the European Securities and Markets Authority (ESMA) in regard to CFD trading. These rules were established to improve the safety of investors, so conditions are rather similar in all European Forex Brokers provided
- Also, there is another regulatory body, the National Bank of Romania, which oversees and determines who can access the Forex market as well as restricts buying/selling foreign currency in the country.
- The maximum leverage limit imposed by MiFID is 1:30 for Romanian traders. While leverage can increase the potential returns on an investment, it also increases the potential losses. If the returns generated by the investment are lower than the cost of borrowing, the investor may experience significant losses.
- Overall, the Romanian forex market offers a regulated and secure environment for traders to participate in while benefiting from the larger European financial landscape.
For more info read ASF article on Wiki.
Top 5 Best Forex Brokers in Romania
Here’s our list of Brokers in Romania consisting of the Regulated EU brokers accepting Romanian traders, which are advised and safe to invest with, also defined according to the specified criteria and their Trust Scores.
- HFM — Best for Scalping and EA Trading 2025
- BlackBull Markets — Best MT4 Broker in Romania 2025
- FP Markets — Best Broker for Beginners in Romania 2025
- Pepperstone — Lowest Spread Broker in Romania 2025
- Octa — Best Overall Broker in Romania 2025
Forex Trading Romania for Beginners
There are several points to consider for beginner traders who just starting their Forex trading journey. Firstly, the selected broker should be well-regulated. Secondly, it’s a huge advantage when brokers offer demo accounts along with good education provided, followed by the balanced trading conditions offered.
Romania Forex Brokers List
These are the regulated brokers that accept clients from Romania and either EU or Romania Based Brokers we recommend due to their trustworthiness:
| Broker | Detail |
|---|
