Which broker is better for Romania traders in 2026? Expert analysis across 12 categories.
Romania's growing retail trading community is increasingly turning to international brokers like XM Group and FxPro for forex and CFD trading. Both brokers are well-established and accept Romanian clients, but they differ in key areas that matter to local traders. XM Group, with a strong 4.7/5 rating, offers competitive spreads, a wide range of deposit methods including Bank Transfer, Credit Card, and Skrill, and supports trading in RON. FxPro, rated 4.1/5, is directly regulated by ASF Romania, providing an extra layer of local oversight. For Romania traders, choosing between these two depends on priorities: lower costs and flexibility (XM Group) versus premium platforms and direct local regulation (FxPro). Both brokers offer negative balance protection and support for MetaTrader 4 and 5, making them suitable for beginners and experienced traders alike. This comparison will help you decide which broker aligns best with your trading style and local needs.
| Instrument | XM Group | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $100 | FxPro |
For Romania traders, trading costs are a critical factor, especially when trading in RON or EUR pairs. XM Group offers spreads from 0.0 pips on its Ultra Low account for major forex pairs, while FxPro's spreads start from 0.2 pips on its Raw account. On standard accounts, XM Group's spreads average 1.0 pip on EUR/USD, compared to FxPro's 1.2 pips. For high-volume traders in Romania, XM Group's lower spreads can result in significant savings over time. Additionally, XM Group charges no commission on standard accounts, whereas FxPro's Raw account charges a small commission per lot. Both brokers offer competitive swap rates, but XM Group's Islamic accounts eliminate swap fees entirely.
| Account Type | XM Group | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
| Entity / Asset | XM Group | FxPro |
|---|---|---|
| Romania (offshore) | Up to 1:1000 | Up to 1:500 |
| Forex major pairs | 1:1000 | 1:500 |
| 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 | XM Group | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | XM Group |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | XM Group |
| Crypto CFDs | 30+ | 20+ | XM Group |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | XM Group | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both XM Group and FxPro offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are the most popular platforms among Romania traders. XM Group also provides its own XM WebTrader and mobile app, while FxPro offers cTrader alongside MT4/MT5. For Romania traders who value advanced charting and algorithmic trading, FxPro's cTrader is a strong option. However, XM Group's platforms are more beginner-friendly with integrated educational tools. Both brokers support Romanian language interfaces, but XM Group's customer support in Romanian is more readily available.
| Factor | XM Group | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | XM Group |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Both brokers offer fast execution speeds, but XM Group has a slight edge with an average execution time of 0.7 seconds, compared to FxPro's 1.0 second. XM Group uses Straight Through Processing (STP) without a dealing desk, ensuring no requotes for most trades. FxPro also uses STP and NDD execution, but some traders report occasional slippage during high volatility. For Romania traders who scalp or trade news events, XM Group's execution is more reliable.
| Safety Factor | XM Group | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Romania traders, and both brokers offer solid protection. FxPro is directly regulated by ASF Romania (Autoritatea de Supraveghere Financiară), ensuring full compliance with local laws and investor protection standards. XM Group is regulated by CySEC (Cyprus Securities and Exchange Commission) under EU MiFID II directives, which also provides strong protections for Romanian clients, including negative balance protection and access to the Investor Compensation Fund. While FxPro's direct ASF regulation may offer more comfort for local traders, XM Group's CySEC regulation is equally robust and widely accepted across Europe.
| Payment Method | XM Group | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days | 1 business day |
Romania traders can deposit and withdraw funds using Bank Transfer, Credit Card (Visa/Mastercard), and Skrill with both brokers. XM Group also supports Neteller and local Romanian bank transfers, with no deposit fees and a low minimum deposit of $5 (or equivalent in RON). FxPro requires a minimum deposit of $100 for Bank Transfer and Credit Card, and $50 for Skrill. Withdrawals are processed within 1-2 business days for Skrill and Credit Card, while Bank Transfer takes 2-5 days. XM Group offers faster withdrawal processing for Romania traders, especially for Skrill and Credit Card, with no additional fees. Both brokers support RON accounts, but XM Group's multi-currency account options are more flexible for local traders.
| Islamic Account Feature | XM Group | FxPro |
|---|---|---|
| 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 XM Group and FxPro offer Islamic (swap-free) accounts. XM Group provides Islamic accounts with no swap fees on all forex pairs, metals, and indices, and they are available immediately upon request. FxPro also offers swap-free accounts, but traders must submit a request and provide proof of Islamic faith. Both brokers maintain the same trading conditions on Islamic accounts, including spreads and leverage. XM Group's Islamic account is more straightforward to obtain, making it a better choice for Romania Muslim traders seeking a hassle-free experience.
| Support Feature | XM Group | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | XM Group |
XM Group offers 24/7 customer support in Romanian via live chat, email, and phone, which is a significant advantage for Romania traders. FxPro provides support in English and Romanian, but only during business hours (Monday to Friday). XM Group's support team is more responsive and knowledgeable about local payment methods like Skrill and Bank Transfer. For Romania traders who need assistance outside standard hours, XM Group is the better choice.
| Mobile Feature | XM Group | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | XM Group |
| Google Play rating | 4.3 stars | 4.2 stars | XM Group |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | XM Group | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | XM Group |
Choose XM Group if you...
Choose FxPro if you...
For Romania traders, XM Group emerges as the stronger choice overall, offering lower spreads, more deposit options (Bank Transfer, Credit Card, Skrill), and 24/7 Romanian support. Its 4.7/5 rating reflects consistent satisfaction among local traders. FxPro, with a 4.1/5 rating, is a solid alternative for those who prioritize direct ASF Romania regulation and the cTrader platform. However, for cost-conscious traders and those seeking flexibility in payment methods, XM Group is the recommended broker. Ultimately, your choice should align with your trading style—scalpers and high-volume traders will benefit more from XM Group, while platform enthusiasts may prefer FxPro.