| Updated: September 1, 2025Romania has experienced significant economic growth in recent years, and, as a result, an increasing number of locals have taken an interest in the foreign exchange market. The Autoritatea de Supraveghere Financiara (ASF) serves as Romania’s main financial supervisory authority. Due to the country’s status as a member of the EU, its FX regulatory landscape mirrors that of other European countries. Thus, forex leverage is capped at 1:30 for non-professionals; retail FX traders are entitled to negative balance protection; and there is a wide range of forex products to choose from.
In terms of brokers, Romanian FX devotees are practically spoilt for choice, as any forex brokerage can offer its services to local clients, provided it is licensed by either the ASF or another EEA regulator. If this abundance is overwhelming, our team has got you covered.
Below, you can find our carefully curated list of the best forex brokers regulated in Romania:
Top 9 Forex Brokers in Romania
-
Plus500
- Multi-Level Regulated Broker
- Proprietary trading platforms
- Easy to use mobile app
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Energy CFDs
- ETF CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Share CFDs
- Stock CFDs
- US Stock CFDs
-
Fusion Markets
- Australia regulated broker
- MT4, MT5, TradingView, Ctrader
- Leverage up to 500
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Stock CFDs
-
FP Markets
- Australia and CySEC regulated broker
- MT4/MT5, TradingView, Ctrader, Iress
- EUR/USD spread from 0.0 pips
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Energy CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Stock CFDs
-
Global Prime
- Australia regulated broker
- Advanced MT4
- $0 Minimum Account Size
Trading InstrumentsDeposit Methods- Commodities CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
-
Pepperstone
- Australia and CySEC regulated broker
- MT4/MT5, TradingView, Ctrader, Iress
- EUR/USD spread from 0.0 pips
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Energy CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Stock CFDs
-
FXTM
- Established brokerage company regulated by UK FCA, Kenya CMA, and Mauritius FSC
- MT4, MT5, Mobile Trading Platform
- $1M Lloyd’s of London account insurance
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Stock CFDs
-
BlackBull Markets
- Broker boasting lightning-fast execution speed
- ECN brokers with tight spreads from 0.0 pips
- $0 minimum deposit requirement
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Stock CFDs
-
FxPro
- NDD broker offering deep liquidity and ultra-fast execution
- Over 99% instant order executions with no requotes
- Supports MT4, MT5, cTrader, and a proprietary platform
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Energy CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Stock CFDs
-
ActivTrades
- Winner of 20+ Global Awards
- MT4/MT5, TradingView
- Leverage up to 1:400
Trading InstrumentsDeposit Methods- Bonds CFDs
- Commodities CFDs
- Crypto CFDs
- ETF CFDs
- Forex CFDs
- Indices CFDs
- Share CFDs
Brokers Compared by Spread
FX Brokers Deposit Method Comparison
| Brand | Minimum deposit | |
|---|---|---|
| Plus500 |  |
$100 |
| Fusion Markets | |
$0 |
| FP Markets | |
$50 (AU$100) |
| Global Prime | |
$0 |
| Pepperstone | |
$0 |
| FXTM |  |
$200 |
| BlackBull Markets | |
$0 (Standard)$2,000 (Prime)$20,000 (Institutional) |
| FxPro | |
$100 |
| ActivTrades | |
$0 |
Brokers by Regulator
| Brand | Maximum leverage | |
|---|---|---|
| Plus500 | |
1:300 (Pro Account), 1:30 (ASIC | Retail Account), 1:30 (BaFin | Retail Account), 1:30 (CySEC | Retail Account), 1:30 (FCA | Retail Account), 1:30 (FMA | Retail Account), 1:30 (SFSA | Retail Account), 1:30 (DFSA), 1:300 (FSAS), 1:20 (MAS), 1:300 (SCB) |
| Fusion Markets | |
1:500 (ASIC | Pro Account), 1:30 (ASIC | Retail Account), 1:500 (VFSC | Retail Account) |
| FP Markets | |
1:500 (CySEC | Pro Account), 1:30 (ASIC | Retail Account), 1:30 (CySEC | Retail Account), 1:500 (FSAS | Retail Account) |
| Global Prime | |
1:500 (ASIC | Pro Account), 1:30 (ASIC | Retail Account), 1:500 (VFSC) |
| Pepperstone | |
1:500 (CySEC | Pro Account), 1:500 (SCB | Pro Account), 1:30 (ASIC | Retail Account), 1:30 (CySEC | Retail Account), 1:30 (DFSA | Retail Account), 1:30 (FCA | Retail Account), 1:200 (SCB | Retail Account) |
| FXTM | |
1:30 (FCA | Retail Account), 1:400 (CMA), 1:3000 (FSCA) |
| BlackBull Markets | |
1:500 (FMA), 1:500 (FSAS) |
| FxPro | |
1:30 (CySEC | Retail Account), 1:30 (FCA | Retail Account), 1:10000 (SCB | Retail Account) |
| ActivTrades | |
1:400 (CMVM | Pro Account), 1:30 (CMVM | Retail Account), 1:1000 (FSC), 1:200 (SCB) |
Forex Brokers Platform Availability
| Brand | FX pairs to trade | |
|---|---|---|
| Plus500 | |
Proprietary Mobile, Proprietary Web |
| Fusion Markets | |
cTrader, MetaTrader 4, MetaTrader 5, TradingView |
| FP Markets | |
cTrader, TradingView |
| Global Prime | |
MetaTrader 4 |
| Pepperstone | |
MetaTrader 4, MetaTrader 5, Proprietary Mobile, Proprietary Web |
| FXTM | |
MetaTrader 4, MetaTrader 5 |
| BlackBull Markets | |
cTrader, MetaTrader 4, MetaTrader 5, TradingView |
| FxPro | |
cTrader, MetaTrader 4, MetaTrader 5 |
| ActivTrades | |
MetaTrader 4, MetaTrader 5, Proprietary Web, TradingView |
Comprehensive Comparison of the Best Romania Forex Brokers
| Brand | Min. Deposit | Trading Platforms | Spread | Regulation | Trustpilot |
|---|---|---|---|---|---|
 |
$100 |
|
AVG 1.3 pips |
|
|
 |
$0 |
|
AVG 0.93 pips |
|
|
 |
$50 (AU$100) |
|
AVG 1.2 pips |
|
|
 |
$0 |
|
AVG 0.96 pips |
|
|
 |
$0 |
|
AVG 1.1 pips |
|
|
 |
$200 |
|
AVG 0.4 pips |
|
|
 |
$0 (Standard)$2,000 (Prime)$20,000 (Institutional) |
|
AVG 0.3 pips |
|
|
 |
$100 |
|
AVG 0.5 pips |
|
|
 |
$0 |
|
AVG 0.5 pips |
|
This publication provides an overview of the Romanian forex market, including the legal forms of forex trading, restrictions on currency trading, the regulatory framework, requirements for forex brokers, and taxes on profits from forex trading. We will also discuss how to identify reliable forex brokers that accept Romanian clients and provide answers to frequently asked questions about forex trading in Romania.
Legal Forms of Forex Trading in Romania
Forex trading in Romania is a popular investment activity, with many individuals and institutions participating in the market. The legal forms of forex trading in Romania are similar to those in other EU countries, with traders able to access a wide range of currency pairs. The most common forms of forex trading in Romania include:
- Spot Trading: Spot trading is the most common form of forex trading in Romania, with traders able to buy and sell currencies at the current market price.
- CFDs (Contract for Difference): CFDs are a type of derivative instrument that allows traders to speculate on the price movement of a currency pair without actually owning the underlying asset. CFDs are popular in Romania, as they allow traders to trade with leverage and to profit from both rising and falling prices.
- Futures Trading: Futures trading involves the purchase or sale of a currency pair at a predetermined price on a specific date in the future.
- Options Trading: Options trading entails contracts that give the trader the right, but not the obligation, to buy or sell a currency pair at a predetermined price on or before a specific date. Options trading is less common in Romania but is still available through some online brokers and financial institutions.
The Romanian forex market is characterised by a high level of liquidity, with many major banks and financial institutions participating in it. The market is also subject to strict regulations, with the ASF responsible for overseeing and regulating the activities of forex brokers and other financial institutions. Romanian traders can access a wide range of trading tools and resources, including technical analysis software, market news and educational materials. Overall, the legal forms of forex trading in Romania provide traders with multiple opportunities to participate in the global forex market.
Restrictions on Currency Trading in Romania
The Romanian forex market is subject to certain restrictions and regulations designed to protect traders and maintain market stability. One of the key restrictions is the maximum allowable leverage on forex trading, which is set at 1:30 for major currency pairs and 1:20 for minor currency pairs. This means that traders can borrow up to 30 times their account balance to trade major currency pairs and up to 20 times their account balance to trade minor currency pairs. The leverage restrictions are intended to reduce the risk of losses and protect traders from excessive exposure.
In addition to leverage restrictions, the Romanian forex market is also subject to strict regulations on margin requirements, trading hours and position sizing. Forex brokers must comply with stringent rules on risk management, including the requirement to maintain adequate capital reserves and to implement robust risk management systems. These restrictions are designed to maintain market stability and protect traders while still allowing a high degree of flexibility.
Who Regulates Forex Trading in Romania?
Forex trading in Romania is legal and regulated by the Autoritatea de Supraveghere Financiara (ASF), the country’s financial regulatory authority. The ASF is responsible for overseeing and regulating the activities of forex brokers, banks and other financial institutions to ensure they comply with relevant laws and regulations. As a member of the EU, Romania is subject to EU regulations and guidelines, including the MiFID II Directive, which sets out strict rules on investor protection, market transparency and risk management.
The ASF has a range of functions and responsibilities, including licensing and regulating forex brokers, monitoring market activity and enforcing compliance with relevant laws and regulations. The regulator also provides guidance and support to traders, including information on trading risks, market analysis and educational materials. The ASF works closely with other EU regulators, including the European Securities and Markets Authority (ESMA), to ensure that the Romanian forex market meets the highest standards of regulation and oversight.
Requirements for Forex Brokers in Romania
Forex brokers operating in Romania must comply with strict requirements and regulations designed to protect traders and maintain market stability. To operate in Romania, forex brokers must obtain a licence from the ASF, which involves meeting stringent criteria on capital adequacy and transparency.
In addition to licensing requirements, forex brokers must comply with strict rules on risk management, including the requirement to maintain adequate capital reserves and to implement robust risk management systems. They must also provide traders with access to a wide range of trading tools and resources, including technical analysis software, market news and educational materials. These requirements are intended to ensure that traders have access to a safe and stable trading environment, with a high level of protection and support.
Overall, to operate in Romania, forex brokers must meet certain requirements, including:
- Obtaining a licence from the Autoritatea de Supraveghere Financiara (ASF)
- Meeting strict criteria on capital adequacy, risk management and investor protection
- Complying with strict rules on transparency, including the requirement to disclose trading risks, fees and charges
- Providing traders with access to a wide range of trading tools and resources, including technical analysis software, market news and educational materials
- Complying with relevant EU regulations and guidelines, including the MiFID II Directive
- Implementing strict anti-money-laundering (AML) and know-your-customer (KYC) procedures
- Maintaining a physical presence in Romania, including a registered office and staff
- Complying with strict rules on advertising and marketing, including the requirement to provide clear and transparent information about trading risks and fees
How to Identify Reliable Forex Brokers Accepting Romanian Clients
Identifying reliable forex brokers that accept Romanian clients requires careful research and due diligence. One of the key factors to consider is the broker’s licence and regulatory status, including whether it is licensed by the ASF and complies with relevant EU regulations. Traders should also check the broker’s reputation and track record, including reviews and ratings from other traders.
In addition to licensing and reputation, traders should consider the broker’s trading conditions, including leverage, spreads and fees. They should also look for brokers that offer a wide range of trading tools and resources, including technical analysis software, market news and educational materials. Price transparency is another important factor, with traders seeking brokers that provide clear and transparent pricing, including information on spreads, fees and charges.
Traders can check the ASF’s register of licensed brokers to ensure the broker they are considering is authorised to operate in Romania.
Are There Taxes on Profits from Forex Trading in Romania?
Yes. Profits from forex trading in Romania are subject to capital gains tax. The tax rate on forex trading profits is 10%, and traders are required to declare their trading income on their annual tax return.
Traders should consult a tax professional or financial adviser to ensure they comply with all relevant tax laws and regulations. They should also keep accurate records of their trading activities, including profits and losses, to ensure they can report their trading income accurately.
FAQs
Is forex trading legal in Romania?
Yes, forex trading is legal in Romania and is regulated by the Autoritatea de Supraveghere Financiara (ASF).
What is the maximum allowable leverage on forex trading in Romania?
The maximum allowable leverage on forex trading in Romania is 1:30 for major currency pairs and 1:20 for minor currency pairs.
How do I identify a reliable forex broker in Romania?
To identify a reliable forex broker in Romania, consider factors such as licensing, reputation, trading conditions and price transparency.
Are there taxes on profits from forex trading in Romania?
Yes, profits from forex trading in Romania are taxable and subject to capital gains tax.
Can I use automated trading systems or expert advisors (EAs) with a Romanian forex broker?
Yes, many Romanian forex brokers allow the use of automated trading systems or expert advisors (EAs), but you should check with the broker to confirm its policies and requirements.
Conclusion
The Romanian forex market offers a wide array of opportunities for traders, with high levels of liquidity and flexibility. However, the market is also subject to strict regulations and restrictions designed to protect traders and maintain stability. Forex brokers operating in Romania must comply with rigorous requirements, including licensing obligations, robust risk management and full transparency.
Traders should carefully research and evaluate forex brokers before opening an account, considering factors such as licensing, reputation, trading conditions and price transparency. They should also be aware of the taxes and charges associated with forex trading in Romania. By following these guidelines and conducting thorough research, traders can help ensure a safe and successful trading experience in the Romanian forex market.
Why You Should Trust RationalFX
When it comes to making informed decisions about forex brokers, it's essential to rely on trustworthy sources. RationalFX, a company with over 20 years of experience since its founding in 2005, has established itself as a credible authority in the industry. With an impressive collection of over 2,500 reviews on Trustpilot, boasting a score of 4.2, it's clear that Rational FX has built a reputation for providing reliable and unbiased information.
What sets Rational FX apart is its rigorous evaluation process, which considers over 30 different criteria when selecting forex brokers. This comprehensive approach ensures that every aspect of a broker's service is taken in consideration, including regulation, forex spreads, trading platforms, deposit methods, and reputation. With its wealth of experience, transparent review process, and outstanding customer feedback, Rational FX is a trusted source for anyone seeking reliable information on forex brokers. You can reach us via e-mail at feedback@rationalfx.com or contact us through our social media accounts here: Facebook, YouTube, or leave a feedback here.