| Updated: November 19, 2024- Jump to:
- Main features of the best Romania Forex brokers
- Forex Brokers in Romania Compared by Spread
- Account Types and Commissions
- Forex Legislation
- Financial Regulators
- Payment Methods
- Trading Software
- Mobile Trading
- FAQ
Our team of expert traders tested many regulated and trustworthy forex brokers that accept traders from Romania and compiled a toplist with the best among them. Each broker operating in Romania received a quality score based on several factors, including Trustpilot rating, regulation, fees and commissions, available trading platforms, customer service and more.
Fusion Markets74-89% of retail CFD accounts lose money- FP Markets73.85% of retail investor accounts lose money
- Pepperstone75.5% of retail investor accounts lose money
- Global Prime74-89% of retail CFD accounts lose money
- eToro51% of retail investor accounts lose money
- XM Group72.82% of retail investor accounts lose money
Below you can find a comprehensive comparison table of forex brokers for traders in Romania. We rank them based on several factors including: regulation, spreads and commissions, Trustpilot rating, trading instruments, trading platforms, deposit and withdrawal methods.
Main features of the best Romania Forex brokers
- Min Deposit$0Trading InstrumentsForex, Commodities, Indices, Crypto, US StocksRegulatorsASIC, FSA (Seychelles), VFSC (Vanuatu)Trading PlatformsMetaTrader4, MetaTrader5, cTrader, DupliTrade, Fusion+ Copy Trade, TradingViewSpread0.9 pips Classic; 0.0 pips ZeroLeverage1:30 (1:500 for forex and metals via VFSC)Deposit MethodsVisa, Mastercard, PayPal, Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, Online Naira, Doku, Bitcoin, Ethereum, Litecoin, USDT, Tether, Ripple, bank wire, ZotaPay, VNPay, DuitNow, XPay, DragonPay, VAPay, FasaPay, AstroPay, PayID, Jetonbank, Sticpay, Interac, LuqaPay, Zotapay, MiFinityWithdrawal MethodsVisa, Mastercard, Bank Wire, Skrill, Neteller,Bitcoin, Ethereum, Litecoin, Tether, Ripple, MiFinity, Interac, PayPal, AstroPay, Jetonbank, DragonPay74-89% of retail CFD accounts lose money
The broker accepts customers from Romania with a license from VFSC (Vanuatu). Romanian forex traders can use maximum leverage of 1:500 for major pairs but negative balance protection is unavailable. Spreads for Zero accounts average 0.03 pips for EUR/USD, 0.17 pips for USD/JPY, and 0.10 pips for GBP/USD. These lower spreads come at the expense of a $4.50 round-turn commission per lot. Standard accounts have a 0.9-pip markup on raw spreads. MT4, MT5, TradingView, DupliTrade, and cTrader are all supported.
- Min Deposit$50 (AU$100)Trading InstrumentsForex CFDs, Shares CFDs, Metals CFDs, Commodities CFDs, Indices CFDs, Crypto CFDs, ETF CFDsRegulatorsASIC, CySEC, FSA (Seychelles), FSCA, FSA (St. Vincent and the Grenadines)Trading PlatformsMetaTrader4, MetaTrader5, WebTrader, IRESS, cTrader, TradingViewSpread1.0 pips Standard; 0.0 pips RawLeverage1:30Deposit MethodsVisa, Mastercard, Neteller, Bank Transfer, Skill, Sticpay, Fasapay, Virtual Pay, Perfect Money, Pagsmile, Dragonpay, Crypto, Apple Pay, Google Pay, Online Banking, Broker to Broker, PayPal, XPay, RapydWithdrawal MethodsVisa, Mastercard, Bank Wire, Neteller, Skrill, Paytrust88, PayPal73.85% of retail investor accounts lose money
FP Markets services Romanian clients through passporting with a CySEC license. The broker offers fair pricing to EUR/USD traders, allowing them to place orders with minimum spreads from 0.0 pips and average spreads of 0.1 pips for Raw accounts (with a $6 round-turn commission per lot). Standard accounts lack commissions on forex trades but have higher average spreads of 1.15 pips for EUR/USD. Retail leverage is 1:30 for major pairs and 1:20 for minor pairs (up to 1:500 for professional traders). Offers MT4, MT5, cTrader, and TradingView.
- Min Deposit$50Trading InstrumentsCFDs on Indices, Forex, Shares, Crypto, Futures, Commodities, Options, Interest Rates, Sectors, Bonds, Knock-out tradingRegulatorsASIC, FCA, DFSA, CFTC, FMA, FINMA, BaFin, MAS, JFSA, FSCA, BMA (Bermuda)Trading PlatformsMT4, L2 Dealer, ProRealTime, IG proprietary software, TradingViewSpread0.6 pips CFD trading; 0.165 pips DMA tradingLeverage1:30Deposit MethodsVisa, Mastercard, Bank Transfer, Wire Transfer, Visa Electron, Discover, PayPal, Apple Pay, BPAYWithdrawal MethodsVisa, Visa Electron, Mastercard, Discover, Bank Transfer70% of retail client accounts lose money
The CySEC-regulated broker offers over 100 forex pairs through CFDs. Majors like EUR/USD are also tradable via turbo warrants, barriers, and vanilla options. DMA is available for professional traders. Most forex trading options are commission-free. Barriers and vanilla options incur commissions of 0.1 units per contract. Minimum spreads for EUR/USD are 0.6 pips, while average spreads are around 1.04 pips. The maximum forex leverage for professional traders is 1:222.
- Min Deposit$0Trading InstrumentsForex, Indices, Commodities, Cryptocurrencies, Share CFDs, ETFsRegulatorsUK FCA (No.684312), CySEC (No. 388/20), ASIC (No. 414530), BaFin (No.151148), DFSA, CMA, SCB (Bahamas)Trading PlatformsTradingView, MT5, MT4, cTraderSpreadFrom 0.0 pips (Razor Accounts), 1 pip (Standard Accounts)Leverage1:30Deposit MethodsVisa, Mastercard, PayPal, Bank Transfer, BPay, Neteller, SkrillWithdrawal MethodsVisa, Mastercard, PayPal, Bank Transfer, BPay, Neteller, Skrill75.5% of retail investor accounts lose money
Pepperstone appears in the ASF register under registration number PJM01FISMDCP0171. Over 90 currency pairs are available. Forex traders have access to fair pricing models via Razor and Standard accounts. Razor spreads for EUR/USD are around 0.0 pips, with round-turn commissions of $7/€5.20 (MT4/MT5, TradingView) or $6 (cTrader). Standard account users trade commission-free with higher spreads of 1.0 pips for EUR/USD. All account types have a minimum trade size of 0.01 lots, up to 1:30 retail leverage, and no dealing desk execution. Hedging and scalping are allowed.
- Min Deposit$50 or $100 based on country ($10 for the UK)Trading InstrumentsCrypto, CFDs on Forex, Stocks, Commodities, Crypto, ETFs, and IndicesRegulatorsFCA, CySEC, ASIC, MFSA, ADGM, FSA, FINRA/FinCEN, AMF, SEC, GFSCTrading PlatformseToro Investing, eToro App, TradingView, eToro CopyTraderSpread1 pipLeverage1:30Deposit MethodseToro Money, Visa, Mastercard, Neteller, PayPal, Skrill, iDeal, Klarna, Bank Transfer, Trustly, Przelewy24Withdrawal MethodsPayPal, Skrill, Visa, Mastercard, Neteller, Trustly, Bank Transfer51% of retail investor accounts lose money
This broker operates in Romania under ASF registration number PJM01FISMCYP0961. Romanian traders have access to free social trading and 55+ currencies, tradable through CFDs. Spreads for major currency pairs on the broker’s proprietary platform are around 1 pip. The platform is available in Romanian. No withdrawal fees for euro-denominated accounts. Skrill and Neteller are unavailable to Romanian customers but they can deposit with cards, bank transfers, and PayPal. Minimum deposits start from $50 and varies between countries.
- Min Deposit$250Trading InstrumentsForex, Stocks, Indices, Commodities, ETFs, Indices, CryptocurrenciesRegulatorsFCA (License No. FRN 522157), CySEC (License No.169/12), FSC (FSC License No.: 000302/438), IFSC (License No.: 000302/46.), KNF (N/A), CNMV (N/A), BaFin (registered), FSCA (N/A), FSA Norway (registration ID - FT00118162)Trading PlatformsxStation 5, xStation MobileSpreadFrom 0.1 pips (Pro Account), 0.5 pips (Standard Account)Leverage1:30Deposit MethodsVisa, Maestro, Mastercard, Bank Transfer, Neteller, Skrill, PayPal, Ecommpay, PayUWithdrawal MethodsBank Transfers, Visa, Mastercard, Skrill80% of retail investor accounts lose money
The reputable broker offers CFDs for over 70 forex pairs and is featured in the ASF register under number PJM01FISMCYP1569. XTB imposes minimum spreads for EUR/USD from 0.8 pips. No commissions on forex trades. Loading the website in Romanian is an option for traders from the country. Trading forex in micro lots is also possible. Romanians can deposit in RON, EUR, or USD. Card deposits in RON attract additional fees of 0.87% of the deposited amount. No minimum deposit requirements are in place.
- Min Deposit$0Trading InstrumentsForex, Cryptocurrencies, Indices, Commodities, BondsRegulatorsASIC (No. 385620), VFSC (No. 40256)Trading PlatformsMT4 Desktop, MT4 Webtrader, MT4 AndroidSpread0.9 pips Standard, 0.0 pips RawLeverage1:500 (1:30 for ASIC entity)Deposit MethodsVisa, Mastercard, PayPal, Skrill, Neteller, Gate8, Dragonpay, Fasapay, VNPay, Pagsmile, BPay, POLi, AstroPay, Bank Transfer, Interac, Perfect Money, PayID, Jeton, MiFinity, XPay, CryptoWithdrawal Methods
Mastercard, Visa, Local Bank Transfer, Bank Wire Transfer, Skrill, Neteller, AstroPay, PayPal, Dragonpay, Perfect Money, Jeton, Interac, Cryptocurrencies
74-89% of retail CFD accounts lose moneyGlobal Prime is a popular discount broker that accepts registrations from Romania with a license from VFSC (Vanuatu). Romanian clients can trade over 50 forex pairs via Standard or Raw accounts. Raw accounts offer minimum spreads from 0.0 pips on major currency pairs like EUR/USD. Average spreads are around 0.6 pips but there is a $7 round-turn commission per lot. Standard accounts lack commissions on forex trades but come with a 0.9 markup on raw spreads. Romanian customers can use maximum leverage of 1:500 but have no access to investor compensation and negative balance protection.
- Min Deposit$100 ($1 for Invest MT5 Account)Trading InstrumentsCFDs on Forex, Indices, Stocks, Commodities, Bonds, ETFs, CryptocurrenciesRegulatorsCySEC (No. 201/13), ASIC (No. 410681), FCA (No. 595450), JSC (No. 57026), FSCA (No. FSP51311), EFSA (No. 4.1-1/46), CMA (No. 178), CIRO, FSA (No.SD073)Trading PlatformsMT4, MT5, WebTrader, MT Supreme Edition, StereoTraderSpreadFrom 0.0 pips (Invest and Zero Accounts), 0.5 pips (Trade Accounts)Leverage1:30Deposit MethodsVisa, Mastercard, Skrill, Klarna, Bank Transfer, PayPal, Neteller, iDeal, POLi, Perfect Money, CryptocurrenciesWithdrawal MethodsBank transfer, Visa, Mastercard, PayPal, Neteller, Skrill, Perfect Money73% of retail investor accounts lose money
Admirals has secured a spot in the ASF register under registration number PJM01FISMCYP1772. Customers can open Zero or Standard accounts to trade major forex pairs like EUR/USD with average spreads of 0.1 and 0.8 pips, respectively. Forex trades via Zero accounts incur commissions from $1.80 to $3. Romanian retail customers have access to negative balance protection and maximum leverage of 1:30 (1:500 for professionals). Phone support is available in Romanian (+40 316 300 805, from 9 pm to 6 am). Customers can register RON-denominated accounts.
- Min Deposit$200Trading InstrumentsCFDs on Forex, Commodities, Index, Bond, Cryptocurrencies, Stock, FuturesRegulatorsFSA (Seychelles), CySEC, ASICTrading PlatformsMetaTrader4, MetaTrader5, cTrader, ZuluTradeSpread0.8 pips Standard, 0.0 pips Raw AccountsLeverage1:30Deposit MethodsBank transfer, Visa, Mastercard, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna, NuveiWithdrawal MethodsBank transfer, Visa, Mastercard, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, FasaPay, Poli, RapidPay, Klarna70.64% of retail investor accounts lose money
Romanian traders will benefit from deep liquidity and 61+ currency pairs. Standard and Raw accounts are on offer. Raw accounts come with lower average spreads of 0.6 pips on EUR/USD and round-turn commissions of $7 (MetaTrader) or $6 (cTrader). The broker has waived its commissions for Standard accounts but average spreads for EUR/USD increase to 0.86 pips. IC Markets is featured in the ASF database under registration number PJM01FISMCYP2341.
- Min Deposit$100Trading InstrumentsForex CFDs, Commodity CFDs, Shares CFD's, Index CFDs, Crypto CFD'sRegulatorsSCB (No. SIA-F220), ASIC (No.391441), CySEC (No. 246/14), FCA (No. 921296)Trading PlatformsMT4, MT5, WebTrader, TradingView, Capitalise.ai, FlashTraderSpread0.1 pips on Standard and TradingView Accounts; 0.0 pips Raw AccountsLeverage1:30Deposit MethodsVisa, PayPal, Mastercard, Wire Transfer, Neteller, Skrill, Tether, Bitcoin, BPAY, Dragonpay, Fasapay, Interac, Pix, UnionPayWithdrawal MethodsMastercard, Visa, PayPal, Skrill, Neteller, Bitcoin, Tether, Wire Transfers, BPAY, Fasapay, Pix, Interac, UnionPay76.09% of retail investor accounts lose money
Eightcap caters to Romanian traders with a CySEC license and is registered in the ASF database under number PJM01FISMCYP1858. The broker’s clientele from the country will benefit from raw spreads from 0 pips for EUR/USD and 0.1 pips for GBP/USD and USD/JPY, with round-turn commissions of $7 (€5.50). Standard accounts facilitate commission-free trading but minimum spreads are higher at 1.1 pips for USD/JPY and 1 pip for EUR/USD and GBP/USD. The broker works with familiar platforms like MT4, MT5, and TradingView.
Forex Brokers in Romania Compared by Spread
| Broker | EUR/USD | USD/JPY | GBP/USD | USD/CHF | AUD/USD | EUR/GBP | USD/CAD |
|---|---|---|---|---|---|---|---|
| 1. Fusion Markets | 0.07 | 0.13 | 1.01 | 0.37 | 0.90 | 0.23 | 0.14 |
| 2. Admirals | 0.1 | 10 | 1.00 | 1.2 | 0.4 | 0.00003 | 1.1 |
| 3. Global Prime | 0.13 | 0.28 | 1.11 | 0.34 | 0.07 | 0.28 | 0.26 |
| 4. IC Markets | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 |
| 0.8 |
| 5. IG | 0.85 | 0.9 | 1.40 | 1.95 | 1.01 | 0.9 | 2.1 |
| 6. XTB | 0.9 | 14 | 2.2 | 1.2 | 1.1 | 1.3 | 1.5 |
| 7. eToro | 1.0 | 1.0 | 2.0 | 1.5 | 1 | 1.5 | 1.5 |
| 8. Pepperstone | 1.00 (min) | 1.0 | 1.00 (min) | 1.1 | 1.2 | 1.2 | 1.42 |
| 9. Eightcap | 1.00 (min) | 1.1 | 1 | 1.4 | 1.2 | 1 | 1.2 |
| 10. FP Markets | 1.1 | 0.30 | 1.2 | 1.8 | 1.2 | 0.20 | 1.5 |
Account Types and Commissions
| Broker | Min Deposit | Account Types | Commission per Lot | Trustpilot Rating |
|---|---|---|---|---|
| 1. Fusion Markets | $0 | Zero, Classic, Islamic, Demo, Professional | $0 Classic Account, $4.50 round turn on Zero Account | 4.9 |
| 2. FP Markets | $50 (AU$100) | Standard, Raw, Demo, Professional, Islamic | $0 Standard Account; $6 round turn on Pro Account | 4.8 |
| 3. Pepperstone | $0 | Standard Account, Razor Account | $0 (Standard Account), $7 round-turn (Razor Account) | 4.7 |
| 4. IC Markets | $200 | Raw Spread cTrader, Raw Spread MT, Standard MT | $0 Standard MT; $6 round turn on Raw cTrader; $7 round turn on Raw MT | 4.6 |
| 5. Global Prime | $0 | Standard, Raw, Demo, Professional, Islamic | $0 Standard Accounts; $7 round turn on Raw Accounts | 4.4 |
| 6. eToro | $50 or $100 based on country ($10 for the UK) | Crypto Wallet, Retail, Professional, Corporate, Demo, Islamic | $0 | 4.2 |
| 7. Eightcap | $100 | Standard, Raw, TradingView Account | $0 on Standard and TradingView Accounts; $7 round turn on Raw Accounts | 4.2 |
| 8. Admirals | $100 ($1 for Invest MT5 Account) | Trade (Standard), Invest (MT5), Zero | $3 per lot | 3.9 |
| 9. IG | $50 | Spread Betting Account, CFD Trading Account, Limited Risk Account, Islamic, Professional, Demo, Options and Share Dealing Accounts* | $0 | 3.7 |
| 10. XTB | $250 | Standard, Pro, and Islamic Accounts | $0 | 3.7 |
Romania may not be the largest market for foreign exchange trade but with its population of over 20 million, it is among the biggest economies in Eastern Europe. Forex trading is legal and regulated and investors can rely on a wide variety of online brokers to give them access to the global markets.
Before looking into the Forex legislation in the country and the brokers that accept clients from there, traders need to understand some crucial aspects of the Romanian economy. The country joined the European Union in 2007 and since then, it has been trying to catch up with the rest of the union in terms of productivity and GDP. In the past decade, Romania has been reporting some of the fastest growth rates across Europe. Today, it is the 40th largest economy in the world, having $516.5 billion in annual output.
Although Romania is on its way to introduce the Euro, it is still using its national currency, the Romanian leu (RON). It is still among the poorest and least advanced countries in the EU but due its rapid economic growth, as well as its reputation for being an electronics, technological and mobile hub in Central and Eastern Europe, it is an attractive destination for investing and doing business. The liberal approach to financial markets, however, does not mean that authorities are not focused on strictly regulating the sector – on the contrary, several unlicensed CFD and Forex brokers were forced to close their offices in Romania following a probe into their operations and even arrests.
Romanian Forex Legislation
Trading on the foreign exchange market is completely legal in Romania as long as FX brokers are authorized to offer financial services in the country. The foreign exchange regime in Romania is set by Regulation No. 4/2005 issued by the National Bank of Romania. It determines who has access to the Forex market, the restrictions on buying and selling foreign currency, and others.
According to the legislation currently in effect, everyone has access to the foreign exchange market in Romania. However, the trade of foreign currency can be performed only by Forex market intermediaries – there are no limitations to this activity for Romanians who access Forex via exchange houses and credit institutions. To legally offer their services to residents of the country, brokers need to hold a license from the local regulatory body, the Financial Supervisory Authority or ASF (Autoritatea de Supraveghere Financiara).
As a member of the EU, Romania adheres to all financial regulation directives of the European Union as per the European MiFID financial harmonization law. This means that the country allows brokers who are registered and licensed in another EU jurisdiction to operate in Romania. For instance, brokers licensed by the Cyprus Securities and Exchange Commission, better known as CySEC, or by the Financial Conduct Authority (FCA) in the UK can legally offer their services to Romanian traders.
Also, certain restrictions set by the European Securities and Markets Authority (ESMA) apply to trading of CFDs (contracts for difference). The rules affect retail clients of online brokers and were designed to enhance investor protection. According to them, Forex brokers who operate in Romania are not allowed to offer bonuses and other incentives for trading CFDs. Brokers are also required to close out clients’ open CFDs at 50% of the minimum required margin and to offer negative balance protection, which restricts clients’ losses.
Moreover, there are several restrictions on the maximum leverage brokers can offer retail clients when trading CFDs. The leverage limit for major currency pairs is 30:1, while for minor Forex pairs, gold and major indices, it is 20:1. The maximum leverage when trading commodity CFDs is 10:1 and 5:1 for individual equities and other reference values. The limit for trading crypto CFDs is only 2:1.
Romanian Financial Regulators
The capital market is regulated by the Romanian Financial Supervisory Authority (ASF, which stands for Autoritatea de Supraveghere Financiara). This is an autonomous agency that replaced and took over the duties of the National Securities Commission (CNVM), the Insurance Supervisory Commission (CSA), and the Private Pension System Supervisory Commission (CSSPP).
The authority regulates credit rating agencies, participants in financial markets, as well as trading with all kinds of instruments. The ASF takes measures against insider dealing and market manipulation and is the country’s national authority, which is competent in enforcing EU financial regulations. It regulates the main exchanges in Romania, as well, and these are the Bucharest Stock Exchange (BVB) and the Sibiu Monetary Financial and Commodities Exchange (BMFMS), which is a specialized derivatives exchange.
The ASF is also a member of several international institutions, including the International Organization of Securities Commissions (IOSCO), the European Securities and Markets Authority (ESMA), the European Insurance and Occupational Pensions Authority (EIOPA) and the International Association of Insurance Supervisors (IAIS).
Forex Payment Methods in Romania
Traders who are looking for a suitable online Forex and CFD broker in Romania should opt for a provider who offers the Romanian leu as a basic account currency. Of course, clients can open accounts in Euro, US dollars or any other foreign currency but that would cost them extra due to the exchange fees they will be charged. Another alternative is to make deposits into their trading accounts using a card or an e-wallet in their preferred foreign currency.
When it comes to the payment methods available in Romania, Forex traders have a great choice of credit and debit cards, digital wallets, instant banking services, prepaid methods, and many more. The market is dominated by credit and debit card payments, however, and the most popular brand in the country is Visa. Brokers also offer Mastercard, Maestro, Diners Club International, and others.
Those who do not want to use their credit card for online transactions and on the websites of offshore Forex brokers can opt for a digital wallet. These are modern, convenient, and safe methods to send or receive money online. Digital wallets or e-wallets, as they are also known, facilitate fast and cost-effective transactions over the Internet and can be used for online shopping, paying bills, or trading on the foreign exchange market. Popular e-wallets include PayPal, Neteller, Skrill, WebMoney, and ecoPayz.
Online banking, however, remains one of the most preferred ways to make online payments. Although online banking transfers are often slower than transactions via e-wallets or credit cards, this type of payment is considered incredibly safe. Moreover, this is probably the most accessible option because most people already have a bank account anyway – to use online banking for their trading activity, they simply need to contact their bank and activate their online banking.
Popular Trading Software in Romania
One of the most important things to consider when choosing an online Forex broker is the trading software offered by the firm. It facilitates the trading process on the foreign exchange market and it must be fast and reliable to guarantee real-time trades and instant execution. While the performance of a trading platform is crucial, traders should also take their time to assess its functionality and overall ease of use.
To do that, investors are advised to open a demo account with the broker they have chosen. This will help them determine whether the trading platform performs well, what global markets and financial instruments they have access to, and whether the trading conditions (spreads, commissions, leverage, etc.) are good. Overall, Romanian traders can use the same platforms available to traders from all around the world.
Most brokers welcoming Romania-based clients would give access to probably the most popular type of trading software, namely MetaTrader 4. It was developed by the MetaQuotes Software, a Cyprus-based developer originally from Russia. Released 15 years ago, the software platform is widely considered the best option for Forex trading.
With its user-friendly interface and tons of advanced tools and features, it is suitable for both beginners and experienced traders. Moreover, MT4 can be installed on any Windows or Linux computer, Mac, etc. Some traders prefer the web version, which can be opened directly in the web browser rather than being downloaded. Of course, brokers also offer their clients MT4 apps for Android and iOS devices.
Another popular software platform for trading Forex is cTrader, created by Cyprus-based company Spotware Systems Ltd. The system is offered by some of the leading brokers right now and is mostly used for Forex and CFD trading. It offers a wide variety of customization options, advanced trading features, automated trading, etc. Just like MetaTrader 4, cTrader comes with a desktop and mobile version, various tutorials, and social trading.
Mobile Trading in Romania
More and more investors around the world prefer trading directly from their mobile phones. When it comes to Forex, in particular, it is essential to stay updated on currency and economic news. Mobile trading is, therefore, not only convenient but also extremely useful to every trader – you can receive notifications, track prices, and open or close positions at any time and wherever you are directly from your phone.
Romanian traders make no exception and an increasing percentage of them are now accessing trading platforms on smartphones and tablets. The majority of leading Forex and CFD brokers offer fast, intuitive mobile apps that can be downloaded for free either from the broker’s website or from Apple’s App Store and Google Play.
Traders should know, however, that not all apps are as functional and well-performing as they should be. This depends on the particular app, the trading platform that is used, as well as the condition of the mobile device. For fast performance, users should make sure their phone or tablet has the latest software updates and connects to the Internet via a stable and secure Wi-Fi or 4G/5G network.