Which broker is better for Romania traders in 2026? Expert analysis across 12 categories.
For Romania's expanding retail trading community, choosing between FP Markets and IG can shape your entire trading experience. Both brokers are authorized by the ASF Romania, ensuring regulatory compliance and fund security. FP Markets, with a score of 4.7/5, excels in low-cost trading with spreads starting from 0.0 pips on its Raw ECN account, making it ideal for cost-conscious Romanian traders. IG, scoring 4.2/5, brings decades of market presence and a comprehensive platform suite, including its proprietary web terminal and MetaTrader 4. Local traders benefit from deposit options like Bank Transfer, Credit Card, and Skrill, though FP Markets offers broader e-wallet support. This comparison dives into spreads, platforms, regulation, and payment methods tailored to Romania, helping you decide which broker aligns with your RON trading goals.
| Instrument | FP Markets | IG | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | IG |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | IG |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | IG |
| Standard acc spread | from 1.0 pips | from 0.8 pips | IG |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $0 | IG |
For Romania traders, trading costs are a critical factor, especially when trading frequently. FP Markets offers a Raw ECN account with spreads from 0.0 pips and a low commission of $3 per lot per side, resulting in total costs around $6 per standard lot. IG's standard account has spreads from 0.6 pips with no commission, translating to roughly $6 per lot as well, but its active trader discounts only apply for high volumes. For scalpers and high-frequency traders in Romania, FP Markets' tighter spreads on the ECN account provide a clear edge, while IG's fixed spreads on its DMA platform may appeal to those prioritizing predictability over raw cost.
| Account Type | FP Markets | IG |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $0 |
| Entity / Asset | FP Markets | IG |
|---|---|---|
| Romania (offshore) | Up to 1:500 | Up to 1:30 |
| Forex major pairs | 1:500 | 1:30 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | FP Markets | IG | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FP Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FP Markets |
| Crypto CFDs | 30+ | 20+ | FP Markets |
| Stocks / Share CFDs | 1,000+ | 1,700+ | IG |
| ETFs | ✓ | ✓ | Tie |
| Platform | FP Markets | IG |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✓ | ✓ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Romania traders value platform reliability and local language support. FP Markets offers MetaTrader 4, MetaTrader 5, and its own WebTrader, all fully compatible with Windows, Mac, iOS, and Android. IG provides its proprietary web-based platform, MetaTrader 4, and ProRealTime, with advanced charting tools. Both support Romanian language interfaces, but IG's platform is more intuitive for beginners, while FP Markets' MT4/MT5 suite is preferred by experienced traders using automated strategies. For mobile trading, both offer robust apps, but FP Markets' MT5 includes more timeframes and analytical tools.
| Factor | FP Markets | IG | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | IG |
| Avg execution speed | ~30ms | ~40ms | FP Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FP Markets uses an ECN/STP model with direct market access, offering average execution speeds under 40ms and no requotes, ideal for scalpers in Romania. IG uses a market maker model for most accounts, with execution speeds around 50ms, but its DMA platform for share trading provides faster fills. For forex and CFD traders in Romania, FP Markets' execution is generally superior, with less slippage during volatile news events.
| Safety Factor | FP Markets | IG |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FP Markets and IG are regulated by the Autoritatea de Supraveghere Financiară (ASF) in Romania, ensuring they comply with local financial laws. FP Markets is also regulated by ASIC and CySEC, providing additional layers of oversight. IG is regulated by the FCA, ASIC, and other top-tier bodies, offering a strong safety net. For Romania traders, this means client funds are segregated, negative balance protection applies, and any disputes can be escalated to the ASF. Always check the broker's current ASF license status before opening an account to ensure ongoing compliance.
| Payment Method | FP Markets | IG |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✓ | ✓ |
| Withdrawal time | 24 hours | 1 to 5 business days |
Depositing and withdrawing funds in RON is straightforward with both brokers. FP Markets supports Bank Transfer, Credit Card (Visa/Mastercard), and Skrill, with no deposit fees and processing times of 1-3 business days for bank transfers and instant for e-wallets. IG accepts Bank Transfer and Credit Card but does not support Skrill, which may be a drawback for Romanian traders who prefer e-wallets. Withdrawals are processed within 1-2 business days for both, though FP Markets offers faster Skrill withdrawals. Minimum deposits are competitive: FP Markets starts at $100 (or equivalent in RON), while IG requires $250 for bank transfers. Always use the same method for deposits and withdrawals to avoid delays.
| Islamic Account Feature | FP Markets | IG |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Romania's Muslim traders seeking Sharia-compliant accounts, both FP Markets and IG offer swap-free (Islamic) accounts. FP Markets provides Islamic accounts on request, applicable to all account types, with no swap charges on overnight positions. IG offers Islamic accounts automatically for eligible clients, covering most instruments except certain CFDs. Both brokers require documentation to verify eligibility. It's important to note that Islamic accounts may have limited trading instruments or higher spreads, so Romania traders should compare the specific terms with each broker's support team before committing.
| Support Feature | FP Markets | IG | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FP Markets |
Customer support in Romanian language is available from both brokers, though FP Markets offers 24/7 live chat and email support, while IG provides 24/5 phone and chat support. FP Markets' support is more responsive for urgent issues, especially during European trading hours. IG's knowledge base is extensive, but response times can be slower. For Romania traders, FP Markets' round-the-clock support is a significant advantage for night trading or weekend queries.
| Mobile Feature | FP Markets | IG | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FP Markets |
| Google Play rating | 4.3 stars | 4.2 stars | FP Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✓ | Tie |
| Resource | FP Markets | IG | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FP Markets |
Choose FP Markets if you...
Choose IG if you...
For Romania traders, FP Markets emerges as the stronger choice due to its lower trading costs, support for Skrill deposits, and superior execution speeds. Its 4.7/5 rating reflects its alignment with the needs of Romania's growing retail trading community, especially those using MetaTrader platforms. IG remains a solid alternative for beginners and investors seeking a trusted brand with extensive educational content. However, the lack of Skrill support and higher spreads make it less competitive for active traders. Ultimately, your decision should consider your trading style: choose FP Markets for cost efficiency and flexible payments, or IG for brand reliability and platform simplicity. Both are regulated by ASF Romania, ensuring a safe trading environment.