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5 Best Commission-Free Brokers in Romania for 2022

Franklin Carneiro da Silva| Updated June 1st, 2022
commission free brokers Romania

5 Best Commission-free Brokers in Romania

Your mind is set: “I want to invest my hard-earned money!”. Now, the question is: “Which brokers are the best when it comes to fees that won’t eat away my profits?”.

Through cost-benefit analysis, we’ve compiled five online brokers as our top picks for the best brokers in Romania. We’ve listed the following factors that investors like you always take into account: fees (commission-free trading), investment platforms, the range of markets and instruments available, and education resources.

These are our suggestions for the best investing apps in Romania:

eToro

An online broker that offers commission-free stock and ETF trading. You can also copy other traders/investors. Slick, modern, and easy for anyone to use. It is trusted by more than 20 million clients worldwide. See our eToro summary.
Disclaimer: 67% of retail CFD accounts lose money.

XTB

Founded in 2004, XTB offers commission-free stock trading up to €100.000 monthly volume, a wide range of investments products, and a bold investment platform. Check our XTB summary.
Disclaimer: 79% of retail CFD accounts lose money.

Capital.com

A 0% commission platform that provides low overnight fees, tight spreads, and no currency conversion fees! With access to over 6,100 markets, It offers stocks and ETFs plus CFD trading in indices, shares, cryptos, commodities and Forex. See our Capital.com summary.
Disclaimer: 83.45% of retail CFD accounts lose money.

Trading 212

An online broker that offers real stocks, ETFs, and CFDs across various asset classes. More details on our Trading 212 summary.
Disclaimer: 76% of retail CFD accounts lose money.

Revolut Trading

It is a feature inside the Revolut app. It offers 1 free trade every month. It charges an annual custody fee of 0.12%. More details on our Revolut summary.

✔️ All of them are authorized to operate in Romania by the Autoritatea de Supraveghere Financiară (ASF). As such, all are under investor protection schemes.

Comparison of commission-free brokers in Romania

  • Broker
  • Website
  • Overview
  • Demo Account
  • Account minimum
  • Products and Markets
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per instituion)
  • eToro
  • Visit eToro
  • The leading social trading platform with 25M+ users worldwide. Copy other traders/investors, invest in one of the pre-built portfolios, or trade for yourself.

  • $50
  • Real Stocks, ETFs, Forex and CFDs on Stocks, ETFs, Cryptos and Commodities. Social Trading, Copy Portfolios.
  •  
  • $0
  • $0
  • $0**Not all ETFs are offered with 0% commissions.
  • Starts from 50 pips
  •  
  • FCA; CySEC; ASIC
  • Up to €20.000
  • Capital.com
  • Visit Capital.com
  • Capital.com is primarily a CFD and Forex broker but also offers spread betting, ETFs and real stock investing in some countries.

  • €/$/£20
  • Stocks, ETFs and CFDs in indices, shares, cryptos, commodities and Forex
  •  
  • €/$/£ 0
  • €/$/£ 0
  • €/$/£ 0
  • 0%
  •  
  • FCA; CySEC; ASIC; NBRB
  • Up to €20.000 for clients in Europe; Up to £85.000 for clients in the UK
  • Trading 212
  • Visit Trading 212
  • Trading 212 is a global online broker that lets you trade stocks and ETFs for free. It also offers CFDs on forex, commodities, and more. New users get one free share of up to €100 by using the code IITW.

  • €1
  • Real Stocks, ETFs, Forex, CFDs on stocks, crypto, indices and ETFs. Fractional shares, automatic investment system.
  •  
  • €0
  • €0
  • €0
  • 0.15%
  •  
  • FCA; FSC; FI
  • Up to £85.000
  • XTB
  • Visit XTB
  • XTB is a well-known online broker established in 2002 with offices in over 30 countries all over the world. It offers free stock trading.

  • €1
  • Real Stocks, ETFs, Forex and CFDs on Stocks, ETFs, Indices, cryptocurrencies and commodities.
  •  
  • €0**(up to €100.000 in monthly volume transactions)- Only applicable in some countries
  • €0**(up to €100.000 in monthly volume transactions)- Only applicable in some countries
  • €0**(up to €100.000 in monthly volume transactions)- Only applicable in some countries
  • 0.50%
  •  
  • FCA; KNF; CySEC; IFSC
  • Up to £85.000
  • Revolut Trading
  • Visit Revolut Trading
  • Revolut trading is a mobile-only commission-free broker, offering access to 850+ US stocks, cryptos, and some commodities. In the basic plan, users have 1 free trade every month.

  • €/£0
  • Stocks, Cryptocurrencies, Gold, and Silver
  •  
  • €/£0 (at least, one free trade per month)
  • N/A
  • N/A
  • 0% up to €/£1,000 per month
  •  
  • SEC, FCA and FINRA
  • None

Commission-free brokers in Romania

1# eToro

etoro logo
Visit eToro
68% of retail CFD account lose money.

eToro at a glance

0% Commissions
Mobile App
ProductsCFDs, ETFs, Stocks, Commodities, Forex, and Cryptocurrencies
Minimum deposit$50
RegulatorsCySEC, FCA, ASF

Founded in 2006, eToro is a well-known worldwide fintech startup and the leader in the social trading field (follow other people’s trades), with over 25 million users worldwide. You can also invest in other products such as CFDs, ETFs, stocks, commodities, Forex, and cryptocurrencies through their platform, which is intuitive and simple to use, making it a good choice for beginners. Plus, eToro offers commission-free stock and ETF trading in Romania (not all ETFs are commission-free).

Opening an account and depositing is easy, and you can even try it out with virtual money (demo account). On the downside, spreads can be high for some products. The only currency accepted (base currency) is the USD, which means that you’ll be charged currency conversion fees upon deposit and withdrawal if you deposit in another currency.

If you want to learn more, check our eToro Review.

eToro Pros and Cons

Pros
  • Commission-free stock and ETFs trading (not all ETFs are commission-free)
  • Social Trading and other innovative products
  • Wide variety of financial products
  • Slick, modern, and easy for anyone to use
  • Top tier regulators
Cons
  • Limited disclosed financial information
  • Withdraw and inactivity fees
  • Spread, overnight, inactivity, and currency conversion fees higher than average
  • Offers primarily CFDs, which are high-risk instruments and with no asset ownership
  • Only one base currency account (USD)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.

Commission-free brokers in Romania

2# Capital.com

5 Best Commission-Free Brokers in Romania for 2022 1
Visit Capital.com
83.45% of retail investor accounts lose money.

Capital.com at a glance

0% Commissions
Mobile App
ProductsStocks, ETFs and CFDs in indices, shares, cryptos, commodities and Forex
Minimum deposit€20
RegulatorsFCA, CySEC, ASIC and NBRB

Founded in 2016, Capital.com is a fintech group of companies committed to building the world’s best trading experience. They utilise AI-enabled technology and integrations with the likes of Trading view to offer a unique trading experience.

With 500,000+ active users, Capital.com is a commission-free broker in stocks, ETFs and CFDs in indices, shares, cryptos, commodities and Forex. The only charges you will notice are spreads (the difference between the buy and sell prices) and overnight fees (only if you have leveraged positions).

The trading platforms on desktop and mobile are highly customised to your individual trading preferences. You have access to news feeds, extended trading hours and a wide range of orders types. Investors also have lots of educational content to explore, the minimum deposit is only €20 (except for a wire transfer: €250), and the customer service is available 24/7 through different channels (live chat, e-mail, WhatsApp, Facebook Messenger,…).

Besides, Capital.com is supervised by top tier regulators such as FCA, CySEC, ASIC and NBRB. You are under Investment Protection Schemes, Negative Balance Protection, segregated funds, two-factor authentification and data protection.

On the downside, stock and ETF trading is not available in all countries, the platform does not offer Options or Bonds, and it may be overwhelming for beginners.

Want to know more about Capital.com? Check our Capital.com review.

Capital.com Pros and Cons

Pros
  • Easy to open an account
  • Demo Account
  • Minimum deposit of €20
  • No currency conversion fee
  • Extended trading hours
  • Lots of educational content
  • Strong customer support
Cons
  • The product offering is still limited to CFDs in most countries (missing bonds and other real assets)
  • To trade real stocks and ETFs, users have to contact customer support to open a separate account for that purpose
  • It may be overwhelming for beginners

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.45% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Commission-free brokers in Romania

3# XTB

XTB Review - XTB Logo
Visit XTB
79% of retail CFD account lose money.

XTB at a glance

0% Commissions
Mobile App
ProductsCFDs, Stocks, Commodities, Forex, and Cryptocurrencies
Minimum Deposit€1
RegulatorsCySEC, FCA, ASF

Founded in 2002, XTB presents itself as a market player with extensive worldwide experience, regulated by the Financial Conduct Authority (FCA) – and other local regulators like CONSOB – and listed on the Warsaw Stock Exchange. The platform offers 0% commissions on stocks. However, its software is more oriented to CFDs and forex trading with competitive costs.

XTB also offers other financial products such as commodities and cryptocurrencies. XTB charges high commissions on CFDs of cryptocurrencies but low costs for Forex. Besides, you will face an inactivity fee of €10/month after one year of non-trading and if you have not made any deposit in the last 90 days. Opening an account and transferring money is a quick and hassle-free process (demo account available).

Still any doubts? Go through our XTB Review!

XTB Pros and Cons

Pros
  • Free stocks trading
  • Low Forex Spreads
  • Customizable trading platform (charts and workspace)
  • Demo account
  • No minimum account deposit
  • Valuable education materials
  • Top-tier Regulators
Cons
  • Complex trading platform for a beginner
  • High Stock CFD fees
  • Withdrawal fees for transfers below $100
  • Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.

Commission-free brokers in Romania

4# Trading 212

trading 212 logo
Visit Trading 212
76% of retail CFD account lose money.

Trading 212 at a glance

0% Commissions
Mobile App
ProductsCFDs, Stocks, ETFs, Commodities, Forex, and Cryptocurrencies
Minimum Deposit€1
RegulatorsFCA, FSC, ASF

Founded in 2006, Trading 212 is a fintech based in London that aims to democratize the entire investment process through a simple mobile application. The company aims to do this by allowing anyone to invest in over 10,000 stocks and ETFs, Forex, commodities, CFDs, and cryptocurrencies. Over 15 million people have already downloaded the app. In 2017, it was the trading app with the most downloads in Germany and, since 2016, it has remained 1st in the United Kingdom.

In Trading 212, you will find commission-free stocks and ETFs trading, fractional shares, and even an automatic investment system (Robo-advisor). Opening an account is extremely quick and easy. On the downside, it shows limitations regarding available products, such as the lack of bonds and options. It charges a 0.15% currency conversion fee when buying assets in a currency different from your base account.

Within the app, you will notice two distinct sub-platforms: Trading 212 Invest, where you can trade a range of assets free of charge and trading 212 CFD, where you may trade leveraged financial products (CFDs).

If you want to learn more, check our Trading 212 Review.

Trading 212 Pros and Cons

Pros
  • Commission-free Real Stocks and ETFs trading
  • AutoInvest & Pies feature
  • Fast and easy account opening process
  • Demo account
  • Top Tier Regulators
Cons
  • Limited product portfolio (no Options, Bonds, Mutual Funds or Futures)
  • No relevant Fundamental tools
  • Spreads on Forex CFDs may be high in certain trading hours
  • Foreign exchange fees (0.15% and 0.50% in “Invest” and  “CFDs” accounts, respectively)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.

Commission-free brokers in Romania

5# Revolut

Revolut logo
Visit Revolut

Revolut at a glance

0% Commissions
Mobile App
ProductsStocks, Cryptocurrencies, Gold, and Silver
Minimum Deposit€0
RegulatorsSEC, FCA and FINRA

Founded in 2019, Revolut Trading is part of the Revolut app (existing since 2015) and provides its users with an efficient way to invest (all in one place). It only allows investment in American stocks (+750 companies) free of charge for up to 1 transaction per month, cryptocurrencies with a spread of 1.5%, and gold and silver with a spread of 0.25% when the market is open. On the other hand, there are no inactivity or withdrawal fees.

The app is super intuitive, and the account opening process is 100% digital, fast, and secure. Unfortunately, it still has a very low offer of financial products, and the account can only be denominated in dollars. Some of the non-accessible assets are the following ones: ETFs, CFDs, Forex, bonds, and options. Furthermore, it does not have any educational or market research material, and it charges an annual custody fee of 0.12%.

Learn more in our in-depth Revolut Trading Review.

Revolut Trading Pros and Cons

Pros
  • Simple trading platform
  • Easy account opening process
  • At least, one free trade per month
  • Low trading commissions
  • No inactivity fee
Cons
  • Low product offering (ETFs and other financial products are missing)
  • Investments not covered by the Financial Services Compensation Scheme
  • Annual custody fee of 0.12%

Commission-free Brokers Highlights

👨‍⚖️ Legal in Romania Yes
💰 Fees Free of charge!
💵 Minimum Deposit From €1
📍 Products offered Stocks, ETFs, Cryptos and more!
👩‍🏫 Education Resources Yes

Which platform should you choose?

Some factors you should know when choosing an online broker are the fees charged if it is regulated by top-tier institutions such as the FCA in the UK, the range of products it allows you to trade (not all platforms allow you to trade EU stocks), among others.

The best online broker in your specific case will depend on your profile, preference, and objectives. Explore the websites above and decide for yourself!

A reminder that the above should not be seen as investment advice and should be considered information only. Investors should do their own research and diligence about the best-suited services and opportunities for their risk, returns, and impact strategy.

Hope we helped, and leave your comments below.

Happy investments!

Other FAQs about Brokers in Romania

How to invest in stocks from Romania?

You can use one of the online brokers shown above: eToro, XTB, Capital.com, Revolut and Trading 212.

What is a brokerage company?

It is an entity designed to be the middleman between you and the people you are trying to buy or sell a stock, ETF, crypto,… you name it!

Which broker is best in Romania?

There is no single answer. It depends on what you value most: fees, security, investment platform or any relevant feature.

What are the types of investments you can make with a brokerage account?

You can trade stocks, ETFs, Forex, Bonds, Futures and CFDs on stocks, ETFs, indices, cryptocurrencies, commodities.