TD Ameritrade is a US-based broker which targets both beginners and more professional investors. Its assets include stocks and ETF (with no commission), as well as more complex financial assets, such as options and futures.
Do you want to know if TD Ameritrade is available in Romania and the alternatives available? Keep on reading. We’ve got you covered!
Is TD Ameritrade available in Romania?
Unfortunately, TD Ameritrade is not available in Romania, nor anywhere else.
TD Ameritrade was acquired by Charles Schwab, and all accounts have been moved.
You can use Charles Schwab from Romania, however there are some pretty strict requirements to open an account from outside the USA.
Alternatives to TD Ameritrade in Romania
The following options are leading online brokers which operate in Romania, are regulated by top-tier authorities, and offer similar features to those provided by TD Ameritrade in the US – be it commission-free trading, a wide range of available assets, or an advanced trading platform for more active traders, such as Thinkorswim.
eToro
With over 35 million users, eToro is the leading social investing platform (copy and follow other traders/investors). It offers commission-free ETF trading (other fees apply).
Disclaimer: eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Interactive Brokers
Targeting more experienced investors, Interactive Brokers offers a wide range of products from many exchanges worldwide. They also offer an advanced trading platform, IB Trader Workstation, a competitor to the Thinkorswim platform.
💡 Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks, Options and ETFs, ideal for novice investors.
XTB
Global forex and CFDs broker and one of the leading brokers for derivatives trading. Furthermore, their proprietary trading platform – X Station 5 – is considered one of the best because of its advanced tools and user-friendly interface. Recently, they started offering commission-free real stock and ETFs trading in Romania.
Disclaimer: 76-83% of retail CFD accounts lose money.
Freedom24
A European online broker offering access to thousands of US and European stocks and over 3,600 ETFs. It provides competitive pricing, user-friendly platforms, and in-house investment research. It offers temporary zero-commission trading on US and European stocks and EU ETFs for Romanian investors.
Disclaimer: Investing involves risk of loss. Zero commission tariff is available only in selected regions. Other fees may apply according to the Freedom24 Fee Schedule.
TD Ameritrade Alternatives in Romania
eToro at a glance
52% of retail CFD accounts lose money.
eToro is the world’s leading social trading platform, with over 35 million clients in more than 140 countries. It allows retail account holders to mimic the trades and trading strategies of the most successful clients automatically and in real time.
Still, it does not only focus on social trading! It is also a multi-asset platform offering many different financial instruments to trade, such as CFDs, ETFs, stocks, commodities, Forex, and cryptocurrencies. eToro provides 0% commission on ETF trading. The spreads on CFDs may vary according to each financial product, so keep that in mind before placing an order.
The website and mobile app are nearly identical, attractively laid out, and incredibly simplified. The account opening process is pretty easy and fast. You only need a few minutes to sign up and follow the identification procedure. Moreover, if you are not yet comfortable with investing or its comprehensive dashboard, eToro provides you with a practice account.
eToro is considered safe since top-tier financial authorities regulate it, like the Financial Conduct Authority (FCA), and it has shown resilience during the Covid-19 market turmoil.
On the downside, it only has one account base currency (USD) and charges a 5$ commission per withdrawal. Plus, cost-free trading only applies when you trade real stocks or ETFs. In other words, if you leverage your positions, you’re trading CFDs and not real stocks or ETFs, and so you will incur spreads and overnight fees.
If you are interested, please read our review of eToro.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 52% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.TD Ameritrade Alternatives in Romania
Interactive Brokers at a glance
If you’re looking for an online broker with a wide range of products from different markets, low costs, and a sophisticated trading platform, then Interactive Brokers might be a good alternative to the TD Ameritrade broker.
Founded in 1978 and publicly listed on Nasdaq since 2007, Interactive Brokers is a global online broker that offers access to dozens of markets worldwide, not only US-listed assets. Besides the low costs, this is one of their main differentiators.
They also offer an educational area with free resources for financial education.
Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks, Options and ETFs, ideal for beginner investors. Some of the features of IBKR GlobalTrader include automatic currency conversions, fractional shares, demo account, and more.
If you are interested, please read our Interactive Brokers Review.
TD Ameritrade Alternatives in Romania
XTB at a glance
69-80% of retail CFD accounts lose money.
Another world player in the online brokerage industry is XTB. It is regulated by top-tier regulators such as the UK’s FCA, is listed on the Warsaw Stock Exchange and offers a professional trading platform – xStation 5.
Recently, it started offering 0% commission on stocks in Romania, alongside its currently available products like CFDs on several asset classes.
Its research and educational tools are also great when compared to competitors. Because it has multiple offices in Europe, XTB’s customer service is one of the best in the market if you are a European trader.
On the downside, the range of products offered is limited, as it is mostly focused on CFDs, Forex, and Crypto while providing access to real stocks and ETFs in some countries.
That’s XTB in a nutshell! If you want a more detailed review, read our XTB Review.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 69-80% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
TD Ameritrade Alternatives in Romania
Freedom24 at a glance
Investing involves risk of loss.
Freedom24, part of Freedom Holding Corp. (NASDAQ: FRHC), is a growing brokerage platform for Romanian retail investors, offering access to global financial products including stocks, bonds, futures, options and a strong focus on ETF investing.
With access to more than 3,600 ETFs, it covers popular issuers like Vanguard, iShares, and Invesco, as well as a range of investment strategies, from dividend and short-term bond ETFs to niche options such as covered call and swap-based ETFs. Clients may also request the addition of specific ETFs.
The web and mobile platforms are intuitive, supported by in-house research (“Investideas”) and educational content (“Freedom Academy”). It also features a signup promotion of up to 20 gift stocks (valued up to $800 each). Terms and Conditions apply. Gift Shares are allocated randomly from a selection of eligible stocks, with higher-value shares awarded less frequently.
There is no minimum deposit, and ETF and stock commissions start from €/$1.2 per order, with no inactivity fees. Additionally, Additionally, Freedom24 offers zero-commission trading on US and European stocks and EU ETFs, for eligible clients opening an account between March 1, 2026 and August 31, 2026, valid for 365 days or up to 240 trades (orders below €1 incur a €0.012 fee).
Investors can choose between “Smart in EUR” and “Prime in EUR” plans. A €7 withdrawal fee applies, and cryptocurrencies are not available.
Freedom Finance Europe Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) and covered by the Investor Compensation Fund (ICF) up to €20,000, in line with MiFID II and ESMA standards.
Want to learn more? Check out our Freedom24 Review or visit Freedom24 directly!
Investments in securities and other financial instruments always involve the risk of loss of your capital. The forecast or past performance is no guarantee of future results. It is essential to do your own analysis before making any investment.
The bottom line: which broker should you go for?
There’s no such thing as “the best online broker”. Different providers offer different features which will fit your profile, preferences, and objectives differently.
For instance, do you want an easy-to-use platform for long-term buy-and-hold or a more complex platform for trading or options? Do you value research or is an execution-only broker sufficient? Which products and markets are you looking to trade?
Even though many traders are now considering commission-free trading as the main factor in their choice, one must be aware that it generally comes at a cost. Where is the broker routing its orders? It might be compromising the quality of trade execution.
The best online broker in your specific case will depend on your profile, preference, and objectives. Explore the websites linked to above and decide for yourself!
Remember that this article should not be construed as investment advice but should be considered information only. Investors should do their own research and due diligence regarding the services and opportunities best suited for their risk, returns, and impact strategy.
Happy investing!
