Finding the right broker in Romania can seem daunting, particularly if you are just getting started.
In this post we look in detail at the best online brokers available to Romanian investors. Whether you are new to investing and want a straightforward platform, or exploring ETFs, cryptocurrencies, or CFDs, there is a suitable option.
Two points worth establishing upfront. These brokers are licensed in other EU countries and passport their services into Romania under MiFID II (the EU Markets in Financial Instruments Directive), so they appear in the register of the ASF (Autoritatea de Supraveghere Financiară), Romania’s financial regulator. Investor compensation is typically capped at €20,000, depending on the entity. And none of them withholds Romanian tax at source, so declaring your investment income to ANAF (the National Agency for Fiscal Administration) falls to you. We explain how in the tax section below.
Best brokers in Romania: top 7 list
- Interactive Brokers: Best EU broker overall
- eToro: Best broker for commission-free investing and social trading
- XTB: Best broker for low Forex spreads and RON accounts
- Freedom24: Best for ETF Investment plans and personal manager support
- Plus500: Best broker for CFDs
81% of retail CFD accounts lose money. - Saxo Markets: Best broker for professionals
- Trading 212: Best broker for beginners and Pies & AutoInvest
Disclaimer: Investing involves risk of loss.
52% of retail CFD accounts lose money.
69-80% of retail CFD accounts lose money.
Investing involves risk of loss.
81% of retail CFD accounts lose money.
62% of retail CFD accounts lose money.
Capital at Risk. Sponsored Link. To get free fractional shares worth up to 100 EUR/GBP, you can open an account with Trading 212 through this link. Terms apply.
Best brokers in Romania: comparison table
Online brokers to avoid ❌
Prioritize safety: safe beats cheap! Remember that investing is a long-term game, so it’s best to choose a provider that you can trust as years go by. Make sure that it is allowed to operate in your country.
Check our list of investment platforms, and filter by “Not approved” to check the list of platforms that we do not recommend.
If you’re still unsure about a specific platform, feel free to reach out to us. We’re happy to help!
Broker reviews
#1 Interactive Brokers: Best online broker in Romania overall
Interactive Brokers leads the list as the best online broker in Romania.
Founded in 1978, Interactive Brokers is one of the largest international brokers listed on the NASDAQ exchange (Ticker: IBKR). It is regulated by many international top-tier regulators and has 5.58 million client accounts (September 2026), with no minimum deposit requirement. Romanian clients are served by Interactive Brokers Ireland Ltd, regulated by the Central Bank of Ireland, and covered by the Irish investor compensation scheme (90% of the loss, up to €20,000).
It caters to both beginners and professional investors looking for any type of financial products (bonds, ETFs, shares, you name it!), an easy-to-use platform, advanced technical and fundamental trading tools, and a great educational component.
Interactive Brokers supports various account base currencies, including GBP, USD, EUR, and other major currencies. However, funding these accounts is limited to bank transfers. They offer one of the tightest spreads in the market, ensuring favourable trading conditions, but their commission is tier-based, meaning it varies depending on your monthly trading volume.
With the tiered plan, US stocks cost $0.0035 per share ($0.35 minimum), while European stocks and ETFs cost 0.05% of the order value (€1.25 minimum, €29 maximum). Since August 2026, IBKR also gives access to the Bucharest Stock Exchange, with a fixed commission of 0.28% (minimum 10 RON).
IBKR GlobalTrader is another mobile trading app offered by Interactive Brokers that allows traders to engage in simple and worldwide trading. The app offers the flexibility to trade in fractions and invest with as little as $1, making trading accessible to traders of all levels. You can also open a simulated trading account to practice trading before opening a live account and gain access to $10,000 in simulated cash to trade in a simulated trading environment.
On the downside, you might be overwhelmed by the number of buttons and features available on each platform, especially if you are new to investing. However, Interactive Brokers offers a lot of educational materials and video tutorials to assist you in navigating and utilizing their platforms effectively. These resources can be beneficial regardless of the specific platform you are trading or using.
Want to know more? Check out our comprehensive Interactive Brokers review and visit IBKR’s website.
Pros
- Low commissions on US stock trading
- No monthly inactivity fee
- The broadest product and markets range in the brokerage industry
- Demo account
- Excellent reputation (founded in 1978)
- Extensive research and Education tools
- Has a modern mobile trading app to trade Stocks, Options and ETFs, ideal for novice investors, IBKR GlobalTrader.
- Offers interest on uninvested cash balances
Cons
- Complicated and lengthy account opening process (but fully online)
- Steeper learning curve for beginners
- Website is difficult to navigate
- Interactive Advisors (Robo-advisor feature) is only available for US customers
#2 eToro: Best for commission-free investing and social trading
52% of retail CFD accounts lose money.
Another strong platform available in Romania is eToro, an international broker with over 40 million registered users and 4.28 million funded accounts (June 2026), best known for social trading through CopyTrader.
The platform offers more than 5,000 assets, including real stocks and ETFs. On pricing, ETFs trade commission-free, while stocks carry a $1 commission on most exchanges ($2 on the Australian, Hong Kong, Dubai, Abu Dhabi, and Tokyo exchanges), applied on both opening and closing.
Opening an account is straightforward, with a $100,000 demo account available. The main drawback for Romanian investors is currency conversion: there is no RON account, so lei deposited into the main USD account are converted with a 1% fee. EU residents can also use a EUR account. Withdrawals cost $5 from the USD account and are free from local currency accounts, and eToro’s fee page currently lists no inactivity fee.
Romanian clients are served by eToro (Europe) Ltd under CySEC supervision with ASF oversight, covered up to €20,000 plus Lloyd’s insurance. eToro has been NASDAQ-listed (ETOR) since May 2025.
Read our eToro review.
51% of retail investor accounts lose money when trading CFDs with this provider. Your capital is at risk. Other fees apply.
Pros
- Low stock trading fees (from $0 per trade)
- Commission-free ETFs (other fees apply)
- Social trading and other innovative products
- Wide variety of financial products
- Slick, modern, and easy for anyone to use
- European users have access to three account currencies: EUR, USD and GBP
- Top tier regulators
Cons
- Limited disclosed financial information
- Withdraw and inactivity fees
- Spread, overnight, inactivity, and currency conversion fees higher than average
- Doesn’t offer bonds, futures, or options
#3 XTB: Best broker for low Forex spreads and RON accounts
69-80% of retail CFD accounts lose money.
Founded in 2002, XTB is a major player in the brokerage industry with more than 2.9 million clients, listed on the Warsaw Stock Exchange and supervised by the Polish KNF (Komisja Nadzoru Finansowego). Romanian clients are served by its Bucharest branch (XTB S.A. Varșovia Sucursala București), registered with the ASF, and can open accounts in RON, EUR or USD.
The platform offers 0% commissions on stocks and ETFs up to €100,000 of monthly turnover (0.2% above that, minimum €10). Currency conversion costs 0.5%. XTB also pays interest on uninvested cash, with promotional rates for the first 90 days (for example 3.60% on RON) and standard rates afterwards (1.50% on RON and 1.10% on EUR in October 2026).
Opening an account and transferring money is a quick and hassle-free process. For beginners, it presents a demo account where you can trade as if it were real money to help you feel the investment platform firsthand, and you get access to educational tools. For intermediate and advanced investors, you will find plenty of technical and fundamental tools to help you better assess your investment decisions.
XTB also offers other financial products, such as commodities and cryptocurrencies. XTB charges high commissions on CFDs of cryptocurrencies but low costs for Forex. Withdrawals are free. However, you will face an inactivity fee of up to €10 a month if you have not traded for 365 days and have not made any deposit in the last 90 days.
Still any doubts? Go through our XTB Review!
77% of retail investor accounts lose money when trading CFDs with this provider.
Pros
- Free stocks trading (only applicable to some countries)
- Customizable trading platform (charts and workspace)
- Low Forex Spreads
- Demo account
- No minimum account deposit
- Valuable education materials
- Top-tier Regulators
Cons
- Complex trading platform for a beginner
- High Stock CFD spreads
- Limited product portfolio
- Withdrawal fees for transfers below $100
- Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days)
#4 Freedom24: Best for ETF Investment plans and personal manager support
Investing involves risk of loss.
Freedom24, part of Freedom Holding Corp. (NASDAQ: FRHC), gives Romanian investors access to more than 1 million instruments on 15 exchanges in Europe, Asia and the US, including stocks, bonds, futures, options and a strong focus on ETF investing.
Providing access to more than 3,600 ETFs, Freedom24 offers not only the most popular ETFs from global issuers like Vanguard, iShares, and Invesco, but also a range of investment strategies, including dividend-focused and short-term bond ETFs, plus niche options such as covered-call ETFs.
For long-term investors, Freedom24 offers ETF Investment plans: you can invest in selected ETFs regularly (weekly or monthly) with €0 commission. The €0 fee applies only to purchases made within the Freedom24 Recurring Investment function, and other fees apply according to the Freedom24 Fee Schedule.
The platform’s web and mobile interfaces are intuitive and straightforward, complemented by Freedom24’s award-winning analyst team (“Investideas”) and educational resources (“Freedom Academy”) to support investment decisions. Furthermore, until the end of October 2026 it offers a signup promotion of up to 20 gift stocks (valued up to $800 each), depending on the size of the first deposit. The promotion is subject to terms and conditions, and gift shares are allocated randomly from a selection of eligible stocks, with higher-value shares awarded less frequently.
There is no minimum deposit. Investors can choose between two pricing plans: Smart in EUR (€0.02 per share + €2 per order on US and European stocks and ETFs) for casual investors, and All Inclusive in EUR (0.5% of the trade value + €0.012 per share + €1.20 per order), which includes a personal manager. On the downside, it charges a €7 fee on bank withdrawals and does not offer cryptocurrencies.
Freedom Finance Europe Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC). In the unlikely event that the segregated assets cannot be returned to clients, Freedom24 falls under the Investor Compensation Fund (ICF), which compensates for any losses from non-returned investments up to €20,000. Besides, it fully complies with MiFID II and ESMA investor protection standards.
Want to learn more? Check out our Freedom24 Review or visit Freedom24 directly!
Pros
- Low commissions on stock and ETF trading
- No minimum deposit for general trading
- Demo trading
- Slick, modern, and easy for anyone to use
- No custody fee
Cons
- €7 per withdrawal
- No cryptocurrencies
Disclaimer: Investing involves risk of loss. Commission-free investing applies exclusively to specific recurring investment plans. Other fees apply according to the Freedom24 Fee Schedule.
#5 Plus500: Best EU Broker for CFDs
81% of retail CFD accounts lose money.
Founded in 2008, Plus500 is an online broker offering CFDs on forex, indices, shares, commodities, options, ETFs, and cryptocurrencies. It is available in 65 countries and is listed on the London Stock Exchange. Romanian clients are served by Plus500EE AS, regulated by the Estonian Financial Supervision Authority (Finantsinspektsioon). Plus500 Invest, its real-shares platform, is not available in Romania.
The web platform you will use is the WebTrader, Plus500’s proprietary platform, offering a stable trading experience and reliable access from multiple devices, including a mobile app. All platforms are accessible and responsive, and you can start testing the features by opening a demo account.
Their customer support is helpful and readily assesses through a chat that is always shown on the trading platform. Their spreads are low, offering accounts in sixteen currencies, including USD, EUR, and GBP. Still, they charge up to 0.7% currency conversion fee on realised profits and losses, and up to $10 a month after three months without logging in. Deposits and withdrawals are free.
Finally, it is regulated by financial regulators like the FCA and CySEC, meaning that Plus500 is appropriately supervised and that there is an investor protection scheme under the entity in which you open an account. As an EU-regulated entity, Plus500EE AS is part of the Estonian investor protection scheme, and Plus500 provides negative balance protection for CFD trading on a per-account basis to retail clients in the European Union.
Want to know more about Plus500? Check our Plus500 Review.
Pros
- Acessible and responsive platform
- Low spreads
- No dealing commissions
- Demo Account
- Top-tier regulators
Cons
- No ETF offering
- Inactivity fee ($10 per month after no login activity in 3 months)
- High overnight funding fees
- Very little research and education provided
#6 Saxo: Best broker for professional traders
62% of retail CFD accounts lose money.
Launched in 1992, Saxo is one of the best-known European brokers. Since March 2026 it has been majority-owned by the Swiss private banking group J. Safra Sarasin, which in July 2026 agreed to buy the remaining shares. It offers over 71,000 instruments through two platforms: SaxoInvestor for long-term investors and SaxoTrader for advanced trading across web, mobile, and desktop. A single account gives access to both.
Account tiers are based on portfolio value rather than deposits: Classic (no minimum), Platinum (€200,000+), and VIP (€1,000,000+), with pricing improving at each level. US stock orders cost 0.08% at Classic (minimum $1), falling to 0.03% at VIP.
Note a custody fee of up to 0.15% per year on stock, ETF, and bond positions, avoidable through securities lending.
Saxo Bank A/S is supervised by the Danish Financial Supervisory Authority (Finanstilsynet) and is a member of the Danish Guarantee Fund, protecting cash up to €100,000 and securities up to €20,000.
Pros
- Excellent research materials
- Outstanding trading platforms (SaxoInvestor and SaxoTrader)
- Extensive range of investment products and commercial offers
- Long track record
- Supervised by worldwide top-tier regulators
Cons
- $0 in most countries; higher minimums in some regions (e.g. $5,000 in MENA)
- Fees higher than average
- Fee structure is complex
- Does not accept US residents
#7 Trading 212: Best broker for beginners and Pies & AutoInvest
Capital at Risk. Sponsored Link. To get free fractional shares worth up to 100 EUR/GBP, you can open an account with Trading 212 through this link. Terms apply.
Founded in 2004, Trading 212 is a fintech based in London that aims to make investing simple through its mobile and web app, with more than 5 million funded accounts and over 13,000 stocks and ETFs. Sponsored Code. New users can get a free fractional share worth up to €100 with the code IITW. Terms apply.
In Trading 212, you will find stocks and ETFs with no commission (other fees may apply, see terms and fees), fractional shares, and Pies & AutoInvest, which executes scheduled deposits into a portfolio you choose. RON is among the supported account currencies. Opening an account is quick and fully online. On the downside, it lacks bonds and options. 0.15% FX fee applies when converting funds. Other fees may apply.
Romanian clients are served by Trading 212 Markets Ltd, regulated by CySEC (licence 398/21), with investor compensation of up to €20,000 through the Cyprus Investor Compensation Fund. Romanian clients can also buy and sell crypto-assets through the Crypto Account. Crypto Account is provided by Trading 212 Markets Ltd, authorised under Article 60 of the MiCA Regulation. Visit the ESMA Register for details. Trading 212 also pays interest on uninvested cash for clients who enable it.
If you want to learn more, check our Trading 212 Review.
Pros
- Commission-free real stock, ETFs and crypto trading (other fees may apply. See terms and fees)
- AutoInvest & Pies feature (execution-only service, not financial advice)
- Fast and easy account opening process
- Demo account
- Top Tier Regulators
- Free fractional shares worth up to €100
- High interest on uninvested cash
Cons
- Limited product portfolio (no Options, Bonds, Mutual Funds or Futures)
- No relevant Fundamental tools
- 0.15% of Foreign exchange fees
Disclaimer: When investing, your capital is at risk and you may get back less than invested. Past performance doesn’t guarantee future results. Crypto-assets are high-risk and volatile. You could lose your invested capital and they are not covered by protection schemes. Make sure you understand the risks before investing. Pies & Autoinvest is an execution-only service. Not investment advice or portfolio management. Automatic investing refers to executing scheduled deposits. You are responsible for all investment and rebalancing decisions. If you enable interest, Trading 212 will hold your cash in qualifying money market funds and banks. Otherwise, your cash will be held only in banks. Interest applies on cash in an investment account. Terms apply. Interest rates may no longer be current, so refer to Trading 212’s Terms and Fees page for the live rates.
How to choose the best broker in Romania?
Choosing the best broker in Romania is important for a good trading experience. Here are simple steps to help you make the right choice:
- Check regulation: look for brokers regulated by trusted EU authorities and listed in the ASF register, to ensure they follow the rules and protect your money.
- Check availability: not every European broker accepts Romanian residents. DEGIRO, for example, doesn’t.
- Fees and commissions: compare fees and commissions. Lower costs mean more money stays in your pocket.
- Trading platforms: check if the broker offers user-friendly platforms that suit your needs. A good platform is crucial for smooth trading.
- Financial instruments: make sure the broker provides a variety of financial instruments, so you can trade what you’re interested in.
- Customer support: test customer support. A responsive and helpful team is important if you have questions or issues.
- Reputation: research reviews and ratings from other users to get an idea of the broker’s reputation. A good reputation indicates trustworthiness.
By considering these factors, you can pick the best broker in Romania for your trading goals.
How investment income is taxed in Romania in 2026
The fiscal packages approved in 2025 raised the tax on investment income from 2026. Because the brokers in this list are foreign, they don’t withhold Romanian tax, so you calculate and pay it yourself.
| Income | Foreign broker | Romanian broker |
| Capital gains | 16% of the net annual gain (you declare it) | 3% (held 365 days or more) or 6% (less than 365 days), withheld |
| Dividends | 16% (foreign tax withheld can be credited) | 16%, withheld |
| Crypto gains | 16% of the net gain | N/A |
Tax rates for individuals in 2026, after Law 239/2025 and Law 141/2025.
A few practical points:
- Declaration: income earned through foreign brokers is declared in the Declarația unică (form 212), due by 25 May of the following year.
- Losses: with a foreign broker, gains and losses of the same year are netted, so you only pay tax on the net gain.
- Foreign dividend tax: if a dividend was already taxed abroad (for example 15% on US dividends with a W-8BEN form), you can usually credit that tax and pay only the difference in Romania.
- Health contribution (CASS): if your total investment and other non-salary income exceeds 6 gross minimum salaries a year, you also pay 10% CASS on a fixed base of 6, 12 or 24 minimum salaries.
This is general information, not tax advice. Check the latest rules with ANAF or a tax adviser before filing.
Other resources
- Check our Youtube channel! You will find step-by-step guides of how to invest in the S&P 500 on different brokers, as well as other educational videos about investing and investment platforms.
- Explore our tools: Check our comparison tool, reviews, BrokerMatch, brokers that offer the highest interest rates, signup bonuses, and others.
Bottom line
In conclusion, choosing the best online broker in Romania depends on individual preferences and trading goals. Our top picks include:
Interactive Brokers
Known for low commission and a wide range of financial products.eToro
Renowned for social trading and ETFs with no commission.XTB
Ideal for ETFs with no commission (up to €100,000 a month), RON accounts and low forex spreads.Freedom24
Best for ETF Investment plans and personal manager support.Plus500
Best for CFDs, offering accessibility and low spreads.Saxo
Suited for professional traders, offering an extensive range of investment products.Trading 212
Known for auto-investing and Pies feature.
Consider factors like regulation, fees, trading platforms, available financial instruments, and customer support when making your choice. Always conduct thorough research based on your risk tolerance and investment strategy.
FAQs
Is Charles Schwab available in Romania?
No, Charles Schwab is unavailable in Romania. It is primarily a US broker. However, it accepts new accounts from a handful of other countries.
How to invest in stocks from Romania?
You can use one of the online brokers shown above, such as Interactive Brokers, eToro, XTB, Freedom24, Saxo or Trading 212.
What is a brokerage company?
It is a company that acts as the middleman between you and the market when you buy or sell stocks, ETFs, crypto and other assets.
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.
Can I invest in US stocks from Romania?
Yes, you can invest in US stocks from Romania. To do so, you’ll need to open an international brokerage account that allows trading on US stock exchanges.
Is DEGIRO available in Romania?
No. DEGIRO does not accept residents of Romania. Romanian investors looking for a low-cost broker for long-term investing can consider Interactive Brokers, XTB or Trading 212 instead.
How much tax do I pay on stock gains in Romania?
From 2026, gains made through a foreign broker are taxed at 16% of the net annual gain and declared in the Declarația unică by 25 May of the following year. With a Romanian broker, tax is withheld at 3% or 6%, depending on how long you held the shares. You may also owe 10% CASS if your investment income is high enough.





