Quick Verdict — Romania Traders
Best Overall
Libertex
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
IC Markets
Swap-free for Romania Muslims
Best for Beginners
Libertex
Better education & support
1:5000 vs 1:30
Max leverage
ASIC vs CySEC
Top regulator
Head-to-head comparison
For Romanian traders exploring forex and CFD markets, choosing between IC Markets and Libertex is a key decision. IC Markets, with a 4.8/5 rating, is known for its ultra-low spreads, deep liquidity, and advanced platforms like MetaTrader 4 and 5. Libertex, scoring 3.7/5, offers a more user-friendly interface but with higher costs and fewer advanced features. In Romania, where the trading community is growing rapidly, factors like local payment methods (Bank Transfer, Credit Card, Skrill), ASF Romania regulatory context, and RON deposit options matter. IC Markets excels in cost efficiency and execution speed, while Libertex appeals to beginners seeking simplicity. This comparison helps you decide based on your trading style and local needs.
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Overall Scores Comparison
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
VS
Libertex
CySEC
3.8
CompareBroker score
Winner
Trading Costs
Spreads, commissions
Platforms
MT4, MT5, cTrader, TV
Regulation
Safety, oversight
Customer Support
24/5, chat, phone
Education
Webinars, guides
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Trading Costs - Spreads & Commissions
| Instrument | IC Markets | 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 | $100 | Libertex |
IC Markets provides spreads from 0.0 pips on Raw Spread accounts with a small commission, making it highly competitive for Romanian traders who trade frequently. Libertex has wider fixed spreads, often 1-2 pips on major pairs, which can add up over time. For a Romanian trader executing 50+ trades per month, IC Markets can save hundreds of RON in spread costs. Volume-based traders will find IC Markets more economical, especially when using the Razor account. Libertex may suit occasional traders who prefer predictable costs.
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Account Types Comparison
| Account Type | IC Markets | Libertex |
|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $200 | $100 |
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Leverage Comparison - Romania Traders
| Entity / Asset | IC Markets | Libertex |
|---|
| Romania (offshore) | Up to 1:5000 | Up to 1:30 |
| Forex major pairs | 1:5000 | 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 |
Leverage Warning for Romania Traders
Traders in Romania typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
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Trading Instruments - Assets Available
| Asset Class | IC Markets | Libertex | Winner |
|---|
| Forex pairs | 90+ | 65+ | IC Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IC Markets |
| Crypto CFDs | 30+ | 20+ | IC Markets |
| Stocks / Share CFDs | ✗ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
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Execution Quality - Speed & Slippage
| Factor | IC Markets | Libertex | Winner |
|---|
| Execution model | ECN/STP | True ECN | Libertex |
| Avg execution speed | ~30ms | ~40ms | IC Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
IC Markets boasts execution speeds under 40ms and no requotes, thanks to its low-latency servers. Libertex has slower execution and may requote during volatile markets. For Romanian day traders and scalpers, IC Markets’ speed is a major advantage. Libertex is acceptable for longer-term positions.
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Regulation & Safety for Romania Traders
| Safety Factor | IC Markets | Libertex |
|---|
| Primary regulator | ASIC | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
IC Markets Global is not
FCA-authorised — the FCA has issued a public warning about this entity, and its clients do not have FOS or FSCS protection; verify the specific entity and licence before depositing.
Libertex is regulated by
CySEC and the
FSC, but its oversight is less comprehensive. For Romanian traders, neither broker is directly regulated by ASF Romania, but IC Markets’ multi-regulatory framework provides an extra layer of security. Always verify the latest ASF Romania warnings before depositing funds.
Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Romania traders may differ by entity.
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Deposits & Withdrawals for Romania
| Payment Method | IC Markets | Libertex |
|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | E-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days | 5 business days |
Both IC Markets and Libertex accept Bank Transfer, Credit Card, and Skrill for Romanian traders. IC Markets supports deposits in RON via local bank transfers, with no deposit fees and fast processing. Skrill deposits are instant, while credit card deposits are processed within minutes. Withdrawals at IC Markets are typically processed within 1 business day. Libertex also supports these methods but may charge fees for certain withdrawals and have higher minimum deposit requirements (e.g., $100 vs IC Markets’ $50). For Romanian traders, IC Markets offers more flexibility and lower costs.
☪️
Islamic Accounts - Swap-Free for Romania Muslims
| Islamic Account Feature | IC Markets | 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 |
IC Markets provides Islamic (swap-free) accounts for Romanian Muslim traders upon request, with no overnight swap charges on major forex pairs. Libertex also offers Islamic accounts but may have limited availability and higher spreads to compensate. Romanian traders should contact both brokers’ support to confirm eligibility and terms. IC Markets is generally more accommodating, with a straightforward application process.
Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
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Customer Support Comparison
| Support Feature | IC Markets | Libertex | Winner |
|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IC Markets |
IC Markets offers 24/5 multilingual support via live chat, email, and phone, with a dedicated team for Romanian clients. Libertex provides support during business hours and via email, but response times can be slower. Romanian traders may find IC Markets’ support more responsive and helpful for technical issues.
| Mobile Feature | IC Markets | Libertex | Winner |
|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IC Markets |
| Google Play rating | 4.3 stars | 4.2 stars | IC Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
📚
Education & Research Tools
| Resource | IC Markets | Libertex | Winner |
|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | ✗ | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IC Markets |
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Real User Reviews - Trustpilot
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Pros & Cons of Each Broker
IC Markets
Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support
Libertex
Pros
Cons
-No TradingView
-No 24/7 support
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Who Should Use Which Broker? - Romania Guide
Choose IC Markets if you...
- Want ultra-low spreads and low commission costs for frequent trading.
- Need advanced platforms like MT4, MT5, or cTrader for automated strategies.
- Prefer fast execution with no requotes for scalping or day trading.
- Value strong multi-regulatory oversight and segregated accounts.
Choose Libertex if you...
- Are a beginner looking for a simple, user-friendly platform.
- Trade occasionally and prefer fixed spreads without commission.
- Want a broker with a strong European presence and local support.
- Don’t need advanced tools or high-frequency trading capabilities.
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FAQ - IC Markets vs Libertex in Romania
Is IC Markets or Libertex better for Romania?
+Can Romania traders use both brokers legally?
+Which broker has lower spreads for Romania traders?
+How do Romania traders deposit at IC Markets and Libertex?
+Do both brokers offer Islamic accounts for Romania?
+Final Verdict - Romania 2026
Libertex wins overall
For Romanian traders, IC Markets is the stronger choice overall, offering lower costs, faster execution, and better platform options. Its support for local payments (Bank Transfer, Credit Card, Skrill) and RON deposits makes it convenient. Libertex may suit beginners, but its higher spreads and limited features don’t match IC Markets’ value. Considering ASF Romania’s regulatory environment, IC Markets’ multi-license framework provides added security. For active Romanian traders, IC Markets is the recommended broker for 2026.
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
