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However, some platforms only offer email support, which can take days to respond to. If you want instant help from a live chat broker, you should opt for a premium service. There are also some platforms that have telephone support, which can prove to be quite useful for those who are still new to trading. The vast majority of Romania retail investors use execution-only brokers. However, if you need more services, you should consider full-service stockbrokers.

  • Below is a more detailed review of the platform as well as the other brokers on our list so that you can get a better idea of which trading platform may be best for you.
  • You might be surprised that many large U.S. companies do business overseas and give you access to international consumers.
  • Fractional shares are not traded on the open market; they can only be sold through a larger Romania trading platform brokers.
  • Check that any online trading platform you use from Romania is regulated by a major European financial regulator like the UKs Financial Conduct Authority (FCA).
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Truth be told, every trader seeks to make a profit when they trade. However, it is helpful to bear in mind that for every trade you place, you are risking part of your funds. Position trading is a strategy where traders maintain their holdings for an extended period, stock ROMs ranging from weeks to years. This implies that Romania permits registered and licensed brokers in another EU nation to conduct business there. Unregulated brokers are not permitted to operate in Romania, and the Romanian government has been known to take tangible actions to prevent such unscrupulous individuals from entering the country. Due to the heavy use of its technology, the platform has a behemoth of features that can make trading very easy to carry out. RoboForex is relatively high in terms of popularity, with about 800,000 clients from more than 170 countries spread across the world.

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This is a particularly big problem for those of us in Romania, where banking infrastructure is quite different from those of the United States and much of Europe. Plus, IBKR’s clunky, non-intuitive interface feels archaic next to Capital.com’s sleek, modern user experience.

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  • In Romania, the National Bank of Romania (BNR) regulates the forex market and oversees the activities of banks and other financial institutions that offer forex trading services.
  • Unfortunately for them, their lack of Vanilla/GApps enforcement has destroyed that claim.

Get $100 when you open a new, eligible Fidelity account with $50 or more. To invest in the Bucharest Stock Exchange, an investor needs to open an account with a local Broker. For example, if you invested in bonds from a private company, the company will be required to pay the principal and interests to the bond investors. In many cases, if you are a legal resident in the U.S. but not a U.S. citizen, then proper identification may be enough to open a U.S. brokerage account. Interactive Brokers also made our top picks for trading apps in the United Kingdom. The material does not contain (and should not be construed as containing) investment advice or an investment recommendation,or, an offer of or solicitation for, a transaction in any financial instrument.

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