Which broker is better for Romania traders in 2026? Expert analysis across 12 categories.
Romania's growing retail trading community is increasingly comparing FXTM and Libertex as their preferred brokers. Both platforms are well-known in the Romanian market, offering local RON support and popular payment methods like Bank Transfer, Credit Card, and Skrill. FXTM holds a strong 4.3/5 rating, praised for its low spreads and extensive educational resources, while Libertex scores 3.7/5, appealing to beginners with its user-friendly interface. For Romania traders, the choice often comes down to trading costs and regulatory trust. FXTM is regulated by the Cyprus Securities and Exchange Commission (CySEC) and recognized by ASF Romania, ensuring local compliance. Libertex also operates under CySEC regulation, giving Romania traders peace of mind. This comparison breaks down key factors—spreads, platforms, deposits, and support—tailored specifically for traders in Romania.
| Instrument | FXTM | Libertex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $10 | Libertex |
For Romania traders, trading costs are a critical factor. FXTM offers spreads from 0.1 pips on EUR/USD with its ECN account, ideal for high-volume traders. Libertex's spreads average 1.5 pips on the same pair, making it more expensive for frequent trading. FXTM also charges lower commissions on its Zero account, while Libertex includes some costs in the spread. Over 100 trades per month, FXTM can save Romania traders up to 30% on costs compared to Libertex. Both brokers have no hidden fees for RON accounts, but FXTM's transparency gives it an edge.
| Account Type | FXTM | Libertex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $10 |
| Entity / Asset | FXTM | Libertex |
|---|---|---|
| Romania (offshore) | Up to 1:3000 | Up to 1:999 |
| Forex major pairs | 1:3000 | 1:999 |
| 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 | FXTM | Libertex | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | 20+ | FXTM |
| Stocks / Share CFDs | ✗ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
| Platform | FXTM | Libertex |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Romania traders value reliable platforms. FXTM offers MetaTrader 4 and 5, plus its proprietary FXTM Trader app, providing advanced charting and automated trading. Libertex's proprietary platform is simpler, focusing on ease of use with one-click trading and social features. For Romania's growing community, FXTM's MT4/5 support is a major advantage for technical analysis and Expert Advisors. Libertex's platform is better for beginners who prefer a streamlined experience without complex tools. Both platforms are available in Romanian language.
| Factor | FXTM | Libertex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Libertex |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
FXTM provides fast execution with an average speed of 0.1 seconds on its ECN accounts, suitable for scalping and news trading. Libertex execution is slightly slower at 0.3 seconds, which may affect high-frequency traders. Both brokers offer no requotes, but FXTM's infrastructure is more reliable for Romania traders who trade volatile markets like EUR/USD.
| Safety Factor | FXTM | Libertex |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FXTM and Libertex are regulated by CySEC in Cyprus, which is recognized by ASF Romania under MiFID II. This means Romania traders benefit from investor protection up to €20,000, negative balance protection, and transparent operations. FXTM also holds additional licenses from the FCA and FSCA, adding extra credibility. Libertex's regulation is sufficient but less extensive. For Romania traders, ASF recognition ensures both brokers comply with local laws, but FXTM's multi-regulatory status provides stronger oversight.
| Payment Method | FXTM | Libertex |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | 5 business days |
Romania traders can fund their accounts using Bank Transfer, Credit Card, and Skrill at both brokers. FXTM supports RON deposits with no fees, minimum deposit of $100 (approx. 450 RON), and instant processing via Skrill and Credit Card. Libertex also accepts RON, with a lower minimum deposit of $50 (approx. 225 RON) and similar instant options. Withdrawals at FXTM are processed within 24 hours for Skrill and 1-3 days for Bank Transfers, while Libertex takes 1-2 days for e-wallets. Both brokers charge no fees for deposits, but Libertex may apply a small withdrawal fee for Bank Transfers. Skrill is especially popular among Romania traders for its speed.
| Islamic Account Feature | FXTM | Libertex |
|---|---|---|
| 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 Muslim traders, both FXTM and Libertex offer Islamic (swap-free) accounts that comply with Sharia law. FXTM provides swap-free accounts automatically on request for all account types, with no swap charges on overnight positions. Libertex offers Islamic accounts upon contacting support, with the same swap-free benefits. FXTM's process is more straightforward, while Libertex requires manual activation. Both brokers ensure no interest is charged, making them suitable for Romania's Muslim community.
| Support Feature | FXTM | Libertex | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
FXTM offers 24/5 customer support in Romanian via live chat, email, and phone, with quick response times under 2 minutes. Libertex provides support in English and Romanian, but live chat is only available during business hours. For Romania traders, FXTM's local language support and extended hours are more convenient, especially for urgent trading issues.
| Mobile Feature | FXTM | Libertex | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FXTM | Libertex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FXTM |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
Choose FXTM if you...
Choose Libertex if you...
For Romania traders, FXTM is the superior choice overall, earning a 4.3/5 rating versus Libertex's 3.7/5. FXTM offers tighter spreads, more advanced platforms like MT4/5, and stronger regulation with ASF Romania recognition. It also supports local payment methods like Bank Transfer, Credit Card, and Skrill with no fees, making it ideal for Romania's growing trading community. Libertex is a solid alternative for beginners who value simplicity and a lower entry barrier, but its higher spreads and limited platform options hold it back. If you're a Romania trader focused on cost efficiency and professional tools, choose FXTM. For a straightforward start, Libertex works, but FXTM delivers more value in the long run.