In this article, I will analyze the major binary options brokers in Romania, detailing their asset offerings, payouts and platform ease of use.
With so many options to choose from, it is imperative to pick a broker that meets your trading and safety needs, while also being clear and compliant with local laws and regulations.
Key Points & Best Binary Options Brokers In Romania
| Broker | Key Points |
|---|---|
| Pocket Option | User-friendly platform, fast withdrawals, a wide range of assets, demo account available, low deposit requirements. |
| Quotex | Modern interface, high payouts, educational resources, mobile app support, diverse asset variety. |
| Olymp Trade | Beginner-friendly, educational materials, low minimum deposit, multiple asset classes, demo account. |
| ExpertOption | High payout options, low minimum deposit, advanced charting tools, social trading features, demo account. |
| Binomo | Reliable platform, low entry deposit, smooth interface, educational resources, various account types. |
| BinaryCent | Quick deposits and withdrawals, low minimum deposit, wide range of payment options, demo account available. |
| RaceOption | Wide range of payment methods, high payouts, strong customer support, demo account, easy-to-use platform. |
| Deriv | Robust platform, diverse assets, demo account, social trading features, low minimum deposit. |
| Finmax | Multiple trading options, strong customer service, high payouts, low minimum deposit, demo account. |
| OptionFair | Regulated broker, multiple account options, educational materials, low deposit, demo account. |
10 Best Binary Options Brokers In Romania
1.Pocket Option
Pocket Option is one of the Romania best binary options brokers because of its ease-of-use and vast trading options. The platform caters to both novice and seasoned traders due to the low initial deposit, quick withdrawal processes, and the availability of a free demo account.
Extra benefits offered by Pocket Option include competitive payouts, diverse payment options, and constructive social trading functionalities which enable users to copy the trades of successful traders.
The company also has a modern clean graphic interface, reliable customer support, and an engmetanical trading environment. These factors enabled the company to easily undrstand the needs of Romania based traders and provide them with the best services for binary options trading.
| Feature | Details |
|---|---|
| Platform Type | Web-based and mobile app (iOS & Android) |
| Minimum Deposit | $50 |
| Trade Size | Starts from $1 |
| Assets Offered | Forex, cryptocurrencies, commodities, stocks, indices |
| Payout Percentage | Up to 95% |
| Demo Account | Yes, free demo account available for practice |
| Payment Methods | Credit/Debit cards, cryptocurrencies, e-wallets, bank transfers |
| Regulation | Not heavily regulated (offshore) |
| Customer Support | 24/7 live chat, email, and phone support |
| Bonuses | Offers various bonuses and promotions |
| Unique Features | Social trading feature, fast withdrawals, low minimum trade size |
2.Quotex
In Romania, Quotex is arguably one of the finest binary options brokers since it has a sophisticated and user-friendly interface suitable for everyone. The platform offers various assets including Forex, cryptocurrencies, and commodities, all with high payout prospects.
Quotex also has low minimum deposits, great execution speed, and customizable charting tools. Moreover, the platform offers a free demo account that allows users to test their strategies risk-free.
Romanian traders of binary options are able to seamlessly trade and manage their accounts with Quotex. This broker offers the utmost efficiency and reliability through strong security features, flexible payment methods, and active customer service.
| Feature | Details |
|---|---|
| Platform Type | Web-based and mobile applications (iOS & Android) |
| Minimum Deposit | $10 |
| Minimum Trade Size | $1 |
| Assets Offered | Forex, cryptocurrencies, commodities, stocks, indices |
| Payout Percentage | Up to 95% |
| Demo Account | Free and unlimited with $10,000 virtual funds |
| Payment Methods | Credit cards, e-wallets, online banking, cryptocurrencies |
| Regulation | Not regulated |
| Customer Support | 24/7 live chat and email support |
| Languages Supported | Over 20 languages |
| Unique Features | Copy trading, trading signals, educational resources |
3.Olymp Trade
Olymp Trade, one of the leaders in binary options trading in Romania, stands out due to its simple interface and educational resources suited for novice and intermediate traders.
The platform has a low minimum deposit and a free demo account where users can trade in multiple assets including currencies, stocks, and commodities.
Olymp Trade has powerful charting options, different trading strategies, and a mobile app for trades on-the-go. Customer support is offered in several languages which enables Romanian users to receive assistance without language barriers.
Olymp Trade is known for its efficiency, competitive payouts, and comprehensive focus on customer education which has built trust with traders in Romania.
| Feature | Details |
|---|---|
| Platform Type | Web-based and mobile applications (iOS & Android) |
| Minimum Deposit | $10 |
| Minimum Trade Size | $1 |
| Assets Offered | Forex (30+ currency pairs), stocks (100+ companies), commodities (gold, silver, natural gas), cryptocurrencies (Bitcoin, Ethereum, Litecoin) |
| Payout Percentage | Up to 92% |
| Demo Account | Free demo account with $10,000 virtual funds |
| Payment Methods | Credit/Debit Cards (MasterCard, VISA), local bank transfers, cryptocurrencies, e-wallets (Skrill, Neteller, AstroPay, Perfect Money) |
| Regulation | Member of the International Financial Commission (FinaCom); not authorized by major financial regulators |
| Customer Support | 24/7 live chat, email, and phone support in multiple languages |
| Languages Supported | Multiple languages, including Romanian |
| Unique Features | VIP account status with additional benefits, educational resources, and trading strategies |
4.ExpertOption
ExpertOption is one of the major binary options brokers operating in Romania. It is particularly popular among beginner and intermediate traders due to its simple interface and educational materials.
The platform has a low minimum deposit, a no-cost demo account, and offers access to various assets such as currencies, stocks, and commodities. ExpertOption has powerful charting and analysis tools, and a responsive mobile app to facilitate trading while on the go.
Their customer support is multilingual which enhances the experience for users in Romania. Due to its consistent operational performance, competitive payouts, strong emphasis on user education, and ease of use, ExpertOption has gained the trust of Romanian traders.
| Feature | Details |
|---|---|
| Platform Type | Web-based and mobile applications (iOS & Android) |
| Minimum Deposit | $10 |
| Minimum Trade Size | $1 |
| Assets Offered | Forex, cryptocurrencies, popular stocks (e.g., Google, Apple), commodities (gold, oil, silver) |
| Payout Percentage | Up to 95% |
| Demo Account | Free demo account with $10,000 virtual funds |
| Payment Methods | Visa, MasterCard, UnionPay, Skrill, Neteller, Epayments, cryptocurrencies, PayPal |
| Regulation | Regulated by the Vanuatu Financial Services Commission (VFSC); not regulated by major financial authorities |
| Customer Support | 24/7 live chat, email, phone support in multiple languages |
| Languages Supported | English, Russian, Portuguese, Italian, Chinese, Spanish, Arabic, among others |
| Unique Features | Social trading, educational resources, various account types with different benefits |
5.Binomo
Binomo is a prominent binary options broker in Romania, thanks to its simple and convenient trading platform for both new and established traders. It provides a low initial deposit, quick trade execution, and a demo account to help users practice.
Binomo also offers a wide range of assets such as forex, indices, and commodities which come with good payouts.
Tutorials, economic calendars, and other advanced tools support informed trading decisions. Binomo’s polished design and user-friendly mobile application, along with excellent customer service makes it the best option for binary options traders in Romania.
| Feature | Details |
|---|---|
| Established Year | 2014 |
| Founder | Dolphin Corp LLC |
| Language Support | Supports multiple languages, including Romanian, English, and Spanish. |
| Assets Available | Offers trading in forex, stocks, commodities, and cryptocurrencies. |
| Minimum Deposit | $10 |
| Fees Structure | Transparent pricing with competitive payouts up to 90%. |
| Customer Support | Provides assistance via email and live chat; lacks phone support. |
| Mobile Accessibility | Features a proprietary mobile app for trading and account management on the go. |
| Regulation and Security | Certified by Verify My Trade and a Category “A” member of the International Financial Commission (IFC). |
6.BinaryCent
Considered one of the best brokers in Romania, BinaryCent has an appealing and easy to access trading environment.
Their platforms are easy to use because of their low minimum trade size of just 0.10 Dollars. This helps beginners to manage their risks more effectively.
It also allows trading for multiple asset classes including forex, cryptocurrencies, commodities, and allows for 24/7 trading.
Quick withdrawals and multiple payment options are available alongside live customer support which helps their customers immensely.
Additional tools such as copy trading and practice demo accounts makes it easier for Romanian traders and provides them with an easier platform for binary options trading.
| Feature | Details |
|---|---|
| Established Year | 2017 |
| Founder | Cent Projecte LTD, a subsidiary of Finance Group Corp. |
| Language Support | Supports multiple languages, including Romanian, English, and Spanish. |
| Assets Available | Offers trading in binary options, forex, CFDs, stocks, and cryptocurrencies. |
| Minimum Deposit | $250 |
| Fees Structure | Transparent pricing with payouts up to 95%. |
| Customer Support | Provides 24/7 assistance via live chat, email, and phone. |
| Mobile Accessibility | Features a mobile-friendly app for trading and account management on the go. |
| Regulation and Security | Regulated by VFSC and employs advanced security measures, including cold storage for funds. |
7.RaceOption
RaceOption is a binary options broker which can be easily accessed by traders in Romania. It provides a fully equipped trading platform that features 24/7 trading availability, over 100 assets, and a minimum trade size of just $0.01.
The broker prides itself in offering speedy withdrawal processing, which they claim to complete in under an hour.
But, RaceOption does not operate under the regulation of any major financial authorities which presents a possible concern in terms of safety and protection of the investor. Moreover, some users have reported issues with deposit fees and withdrawal processes.
Taking all these aspects into account, it seems like RaceOption has some attractive features but it is best for traders in Romania to proceed with caution and do thorough research before engaging with the platform.
| Feature | Details |
|---|---|
| Established Year | 2017 |
| Founder | Makerun Corp |
| Language Support | Supports multiple languages, including Romanian, English, and Spanish. |
| Assets Available | Offers trading in binary options, forex, CFDs, stocks, and commodities. |
| Minimum Deposit | $250 |
| Fees Structure | Transparent pricing with payouts up to 95%. |
| Customer Support | Provides 24/7 assistance via live chat, email, and video chat. |
| Mobile Accessibility | Features a mobile-friendly app for trading and account management on the go. |
| Regulation and Security | Operates as an offshore broker; employs advanced security measures but lacks regulatory oversight. |
8.Deriv
Deriv is on the list of top binary options brokers in Romania. They provide a full trading services package with opportunities to trade on forex, commodities, cryptocurrencies, and even proprietary synthetic indices.
It is accessible for all traders, as the minimum deposit is $5 and trades can be as low as $1. Supported trading platforms include Deriv Trader, Deriv X, and Meta Trader 5, providing flexibility and sophistication in analysis tools.
It goes further with supporting automated trading through the Deriv Bot, which lets users implement strategies without any programming knowledge. Users are exposed to 24/7 customer service satisfaction and these and many other features certainly put Deriv at the forefront of preferred brokers for Romanians.
| Feature | Details |
|---|---|
| Established Year | 1999 |
| Founder | Binary Group Services Ltd. |
| Language Support | Supports multiple languages, including Romanian, English, and Spanish. |
| Assets Available | Offers trading in binary options, forex, CFDs, stocks, commodities, and synthetic indices. |
| Minimum Deposit | $5 |
| Fees Structure | Transparent pricing with payouts up to 100%. |
| Customer Support | Provides 24/7 assistance via live chat, email, and phone. |
| Mobile Accessibility | Features proprietary mobile apps like DTrader and DBot for trading on the go. |
| Regulation and Security | Regulated by multiple authorities, including MFSA, LFSA, VFSC, and BVI FSC, ensuring compliance and security. |
9.Finmax
Finmax is a broker that specializes in binary options. It has an intuitive platform, comprehensive tutorials, e-books, and webinars. It also allows trading in forex, commodities, indices and cryptocurrencies.
It provides different levels of accounts with varied benefits, and several payment options for deposits and withdrawals.
However, it must be noted that Finmax does not have any significant financial oversight which poses as a potential issue concerning the safety of funds and the credibility of the platform. Romanian traders should be careful and do more research before going to Finmax.
| Feature | Details |
|---|---|
| Established Year | 2016 |
| Founder | Morris Processing Ltd. |
| Language Support | Supports multiple languages, including Romanian, English, Russian, and Spanish. |
| Assets Available | Offers trading in binary options, forex, stocks, commodities, and cryptocurrencies. |
| Minimum Deposit | $10 |
| Fees Structure | Transparent pricing with payouts up to 90%. |
| Customer Support | Provides multilingual support via live chat, email, and phone during business hours. |
| Mobile Accessibility | Features a proprietary mobile app for trading and account management on the go. |
| Regulation and Security | Operates under IFMRRC certification; employs advanced security measures for user protection. |
10.OptionFair
OptionFair was once a well known binary options broker that provided multiple financial instruments including shares, indices, currency pairs and commodities. The broker offered multiple account types and a meager minimum deposit of $300.
Further, the platform had a friendly interface, many payment options, and an overall pleasant experience. Unfortunately, OptionFair stopped functioning in February 2018 and is no longer accessible to traders including those in Romania.
Considering its OptionFair’s closure, Romanian traders searching for binary options platforms should shift towards other working brokers that meet industry norms and regulations.
| Feature | Details |
|---|---|
| Established Year | 2010 |
| Founder | B.O. TechFinancials |
| Language Support | Supports multiple languages, including Romanian, English, and Spanish. |
| Assets Available | Offers trading in forex, stocks, indices, and commodities. |
| Minimum Deposit | $250 |
| Fees Structure | Transparent pricing with payouts ranging from 70% to 85%. |
| Customer Support | Provides assistance via email and live chat; lacks phone support. |
| Mobile Accessibility | Features a proprietary mobile app for trading and account management on the go. |
| Regulation and Security | Regulated by CySEC, ensuring compliance and user protection. |
Conclusion
To summarize, all traders in Romania need to be careful with the brokers they select and explicitly check the legal documentation of the broker’s compliance and legitimacy in Romania.
Additionally, it is required to check if the broker is known or rated by other traders as having low quality services, and prefer to trade with brokers like Pocket Option, Quotex, and Olymp Trade who are more competitive in customer service, offer low minimum deposits, customer support, and are recognized in Romania.
As with all brokers, ensure that the one on which you decide to operate is regulated or adheres to industry best practices for security.