Online Trading Starts Here
EN /ratings/prop/common/in-romania/
AR Arabic
AZ Azerbaijan
CS Czech
DA Danish
DE Deutsche
EL Greek
EN English
ES Spanish
ET Estonian
FI Finnish
FR French
HE Hebrew
HI Hindi
HU Hungarian
IND Indonesian
IT Italian
JA Japan
KK Kazakh
KM Khmer
KO Korean
MS Melayu
NB Norwegian
NL Dutch
PL Polish
PT Portuguese
RO Romanian
... Русский
SV Swedish
TH Thai
TR Turkish
UA Ukrainian
UZ Uzbek
VI Vietnamese
ZH Chinese

Best Forex Proprietary Trading Companies in Romania

Share this:

Best Forex prop trading firm in Romania is TopStep

Your capital is at risk.
  1. Topstep - Best funding conditions overall

  2. FTMO - One of the largest prop companies with favorable conditions (profit split up to 90%)

  3. Traddoo - loyal trading conditions

  4. FTUK - trading terms suitable for high-risk trading

  5. E8 Funding - Scaling plan up to $1.000.000

  6. Funded Next - Best in terms of the price points

  7. Earn2Trade - 20+ trading platforms

Prop firms allow skilled traders in Romania to earn higher profits and grow the account used for trading. While Forex proprietary trading firms can be the solution for traders who need a large capital, not all Forex prop firms are recommended. Since partnering with a prop firm gives traders access to capital, traders need prop firms that will protect their interests.

A trader can become vulnerable if they make the wrong choice of Forex prop firms in Romania. So to help traders avoid this, TU experts researched the various Forex proprietary trading firms in Romania. And this article includes the top 7 Forex prop firms in Romania.

Is Forex prop trading a good idea in Romania?

If you are proficient in trading currency pairs but are short on funds, a prop firm can help. Following a test of evaluation, a prop firm will grant a trader access to a heavily funded. The trader must complete a specific task during the test period to prove to a prop firm that they can manage a Forex funded account.

If the trader passes the evaluation, they get access to a funded account. And the profits made trading with funds on the funded account are split according to the agreed percentage. The percentage of the profit that goes to the trader differs from firm to firm, so traders are advised to check this when choosing Forex prop firms in Romania.

It is clear from the explanation of Forex prop firms that it is worthwhile to exploit, particularly for experienced Forex traders. Interestingly, Forex prop firms in Romania have several benefits and downturns for Romanian clients. Below are some of them:

👍 Pros

Forex proprietary trading firms offer Romanian clients risk-free accounts

The likelihood of fraud is low because the majority of Romanian Forex prop firms are reputable international companies

Forex proprietary trading firms offer Romanian clients mouthwatering leverage

Romanian clients can trade with larger sums of money, which leads to greater profits and quicker account growth for the trader

Forex prop firms in Romania allow traders to select from several trading platforms with different interfaces and trading indicators

Forex prop firms allow Romanian clients to diversify and reduce risk. And when trading currency pairs, traders use margins

👎 Cons

To be eligible for a prop firm trading account, traders must undergo a series of complex evaluation processes

Having a prop trading account can be difficult, and there are strict rules. Also, some of these firms are scammers

The traders bear 100% of the risk of each open position, despite the profit-sharing ratio ranging from 75% to 90%

Before the assessment, Romanian clients have to deposit a certain amount of money that is not refundable

Top 7 prop trading accounts

TopStep

Topstep has established itself as a trusted and innovative leader in the industry. To participate in Topstep's funded account program, all traders begin by completing the Trading Combine stage. This allows you to open a real-time simulated futures account with buying power options of $150,000, $200,000, or $300,000.

During the Trading Combine, you have the opportunity to earn a funded trading account by showcasing consistent profitability and effectively managing risk. Once you qualify, you can trade in real time using Topstep's capital, eliminating the personal financial risk. Impressively, traders can qualify for a funded account in as little as eight trading days, with the amount of funding provided determined by the selected Trading Combine plan.

When it comes to profit withdrawals, you can withdraw the first $5,000 in profits in full, and 90% of any profits exceeding that amount are also available for withdrawal.

Topstep's commitment to trader development is evident through their range of services. They provide instruction from professional traders, offer tools and daily live videos, deliver personalized analytics on performance, and even provide bonuses to traders. Topstep supports a variety of trading platforms, including TradingView, NinjaTrader, Sierra Chart, TSTrader, MultiCharts, and many more. This allows traders to choose the platform that best suits their preferences and trading strategies.

Pricing for Topstep varies depending on the account size. For a $50,000 account, pricing starts at $165 per month. $100,000 accounts cost $325 per month, and $150,000 accounts are priced at $375 per month. Additionally, Topstep offers a 14-day free trial, allowing traders to experience their services before committing.

FTMO

Open an account
Your capital is at risk.

To qualify for a funded trading account at FTMO, you will need to successfully complete a rigorous three-step process designed to evaluate your trading abilities:

Step 1:
FTMO Challenge - In this initial phase, you are required to meet specific profit targets within a 30-day period. The aim is to demonstrate consistent profitability and trading skills

Step 2:
Verification Procedure - After successfully completing the FTMO Challenge, you progress to the 60-day Verification Procedure. During this phase, you must show that you can replicate your trading success from the previous step, further validating your trading abilities

Step 3:
Account Offering - Upon successful completion of the FTMO Challenge and Verification Procedure, FTMO will contact you with an offer to trade their capital. Account sizes range from $10,000 to $400,000, providing traders with opportunities at different funding levels

One notable strength of FTMO lies in its focus on currencies, making it an excellent choice for traders interested in Forex trading. With FTMO, you have access to trade 44 currency pairs and 10 cryptocurrencies. Additionally, you can also trade cash indices, commodities, and stock CFDs, diversifying your trading portfolio.

FTMO supports the three most popular Forex trading platforms, namely MetaTrader 4, MetaTrader 5, and cTrader, offering free versions for traders to utilize.

The participation fee varies depending on the account size. For instance, the fee for the 10k account starts at 155 EUR, while the 25k account is 250 EUR, the 50k account is 345 EUR, the 100k account is 540 EUR, and the 200k account is 1,080 EUR. Traders receive capital ranging from $10,000 to $400,000 and benefit from an 80/20 profit split, where they receive 80% of the profits they generate with the provided capital.

Furthermore, FTMO offers a Scaling Plan for funded accounts, allowing traders to enhance their Profit Split in their favor. This plan enables profit splits of up to 90:10, favoring the trader, for account sizes up to $2,000,000.

Traddoo - loyal trading conditions

Traddoo offers traders two challenge pathways to qualify for funded account access: the 1-Step Challenge and the 2-Step Challenge.

The 1-Step Challenge provides a streamlined option for traders confident in their ability to be consistently profitable while managing risk. Traders must meet a single objective benchmark to receive funding.

Alternatively, the 2-Step Challenge features a two-phase structure. In Phase 1, traders aim to achieve a 10% profit target while observing strict risk controls like a maximum 5% daily loss and 10% overall drawdown. Successfully completing Phase 1 leads to Phase 2, where traders must gain an 8% profit under the same risk parameters.

Additionally, Traddoo allows traders to scale their account size through demonstrated performance over time. Consistently achieving a 10% profit across 3 months rewards traders with a 50% increased account balance.

To assist traders, Traddoo supplies educational resources, trading tools, and a supportive community. Webinars, courses, and one-on-one coaching help traders sharpen their skills and bolster their chances of funding qualification.

FTUK

Open an account
Your capital is at risk.

FTUK offers traders an opportunity to immediately begin trading with capital provided by the company with its Instant Funding Program, as well as a traditional approach - Evaluation Program.

Traders receive a flexible 80% profit share once milestone objectives are achieved. FTUK's rapid scaling plan allows traders to quickly increase their trading capital based on their performance, with a maximum of $5,760,000 per account. Traders can have up to 3 active accounts simultaneously, potentially reaching a total funding of $17,280,000. Traders can also immediately start earning a profit share from their very first trade.

Traders first choose between funding levels ranging from $14,000 to $90,000. They then complete a simple sign-up process, paying a one-time fee between $149 to $1200.

A key aspect is the program's flexible trading. Traders can hold positions overnight and across weekends with no time limits. Once a trader hits the 10% profit target for their level, their funding amount scales up by 400% for the first milestone, and doubles with each subsequent target achieved. Withdrawal of profits is also permitted anytime from the second funding level reached. Leverage is up to 1:100.

FTUK provides risk management through a fixed equity stop-out level of 8%, which is above average. Traders profit from their success with FTUK handling any trading losses that may occur. This makes the Instant Funding Program ideal for experienced traders wanting to prove themselves with larger volumes.

E8 Funding

Open an account
Your capital is at risk.

Another top Forex prop firm in Romania that offers traders an opportunity to trade Forex and CFDs is E8 Funding. This prop firm is well-known for its distinctive funding options, approachable trading environment, and accessibility to tier-1 liquidity.

The profit split is up to 90%, and traders can cash out after eight days of successfully managing a funded account. There is no minimum requirement for trading days, and traders can raise the drawdown by 1% with each withdrawal up to a maximum of 14% overall.

E8 typically allows Romanian clients to trade without having to risk their own money. They are among the prop companies with which to secure funding quickly. Each evaluation phase has a unique charge that is applied to variously funded trader accounts.

Traders can access the desired account size by completing the 2-phase evaluation process. Additionally, a trader can manage an E8 Track Funded account with up to $250,000 thanks to a special 3-phase evaluation.

E8 funding offers accounts with balances ranging from $25,000 to $250,000 that can be increased to $1 million. There are no ongoing fees; only the initial fee of $138 (based on the type of account) is charged.

E8 funding provides a huge selection of trading pairs, FX majors & minors, and stocks. An E8 account, which provides traders with the highest payouts available by any company in the industry, offers traders the most profitable trading conditions.

Funded Next

Open an account
Your capital is at risk.

Funded Next has two funding models: the challenge in the first funding model is divided into 2 stages and is limited in time, while the second one does not have time restrictions. First, a trader earns 60-80% of profit depending on the account type. The profit split percentage can further be increased to 90%. What’s unique about Funded Next is that a partner of the prop company earns a 15% profit even from the assessment stage (challenge), even despite the assessment taking place on a demo account.

The MetaTrader4 platform is used for trading, and the prop firm also has a proprietary mobile app. Maximum leverage is 1:100.

Earn2Trade

Open an account
Your capital is at risk.

Earn2Trade provides three distinct funded trading programs: The Gauntlet Program, The Gauntlet Mini, and the newly introduced Trader Career Path.

For the Gauntlet Program, traders are required to make a one-time payment. They manage a virtual account of $25,000 for 60 days and must trade for a minimum of 30 calendar days, at least once every week. By following the program guidelines and achieving a 10% profit target, successful candidates receive a guaranteed funding offer from either Helios Trading Partners or Appius Trading.

Similar to the Gauntlet Program, the Gauntlet Mini and Topstep Futures/Forex programs require traders to pay a monthly fee. The fee includes access to trading classes, webinars, and Journalytix (TM). By adhering to the guidelines, traders become eligible for a funded trading account based on their performance.

The newest addition to Earn2Trade's offerings is the Trader Career Path. Traders start with a $25,000 virtual capital account and, upon passing the Evaluation, receive a funded account of $25,000. Traders can then progress in their trading careers and handle assets worth up to $200,000 without paying a monthly subscription fee.

Earn2Trade stands out with its extensive selection of trading platforms, offering close to 20 options. Popular choices include NinjaTrader, Finamark, R|Trader, and Overcharts, while additional platforms such as Agena Trader and MultiCharts are also supported.

Regarding pricing, the Trader Career Path program costs $150 per month with a starting capital of $25,000. The Gauntlet Mini program offers five account sizes, ranging from $25,000 to $150,000, with corresponding monthly fees. The conventional Gauntlet challenge requires a one-time fee of $343.2. Earn2Trade accounts do not offer free trials, but discounts of 20% to 40% are available. Traders receive 80% of the profits they make from the capital provided.

Rules and Regulation

Regulation

Prop firms that offer challenges on virtual accounts don’t require licenses, but they have to be registered and entered in corresponding registries. Licenses are issued by regulators at the place of firms’ registration, if they work on real financial markets using investor funds, on CFD markets, or provide consulting and investment services. If, upon completion of the challenge, traders continue to work on a demo account under the signal copying model, the license isn’t required.

Investor protection

Regulators protect investor interests. If you have claims against a prop firm, you can file a complaint with the regulator or registrator in the firm’s jurisdiction, even if it’s not licensed. Additionally, complaints can be filed with ASF (the Financial Supervisory Authority | Romania) and ESMA (the European Securities and Markets Authority).

Taxation

The income tax on crypto trading is 10%. The personal income tax is 10% for residents and 16% for non-residents. For income exceeding RON 200,000, a 10% tax applies to the first RON 200,000, and an additional 20% tax applies to the amount exceeding RON 200,000.

How to choose a prop trading account in Romania?

Forex prop firms in Romania are popular because of the opportunities they offer skilled Forex traders. These prop firms recruit only talented traders in Romania and fund them with the company’s capital.

Romanian traders must be cautious when selecting a Forex Prop firm because phony prop firms are offering dubious services. Below are tips from TU experts explaining to Romanian traders what to consider when choosing the best Forex prop firm in Romania.

1. Reputation

Every Romanian trader should start by investigating the reputation of the prop firm. Traders might benefit from reviews from sites like TrustPilot, trading forums, and social media groups. Look for an online source that can provide a thorough and up-to-date description of the prop company's services.

2. Trading style

Next, consider if the approved trading style and tools align with your trading style and strategy. Some prop firms only favor scalping enthusiasts or swing traders, so find out if the services suit your trading needs.

3. Profit splitting percentage

Take the profit-splitting ratio into consideration. Prop firms that offer a sharing percentage between 70 and 95 percent are a top choice. Since some businesses offer tiered profit-sharing structures, take into account how equitable the distribution method is as well. Here, the profit share for successful traders is higher.

4. Withdrawal options

Research the method and window for withdrawals offered by the prop firm. Analyze the risk management framework and practices of the prop trading firm. Understanding the extent of support and guidance provided to traders in risk management is essential. So traders must research the concepts of risk monitoring, assessment, and mitigation.

5. Long-term trading options

Inquire as to whether the broker offers a long-term partnership with Romanian clients. This is significant because you need time to start making more money.

6. Research Resources

Think about the resources the prop firm offers to the trader; do they give the trader access to market research reports, technical analysis tools, economic calendars, and news feeds? The best Forex prop firms provide traders with comprehensive research and analysis resources. This helps traders make better decisions and keeps them updated on market developments and trends that could affect their trades.

7. Mentorship

Verify if the prop firm permits access to senior traders or mentors with experience who can offer direction, criticism, and support for enhancing trading strategies.

Is there an instant funding prop firm?

Yes. Without waiting for a protracted evaluation process to be completed, traders can start trading on a live account thanks to instant funding prop firms. Consequently, traders are given the opportunity to gain practical trading experience right away while also saving time.

Instant Forex prop firms in Romania allow traders to apply their trading strategies and techniques immediately to start earning. Traders are free to use any trading strategy they like, whether they choose to trade manually, use expert advisors (EAs), or copy other traders.

How to become a prop trader?

Becoming a prop trader in Romania is easy, especially if you have an understanding of the financial and currency markets. Here are the steps you need to take to become one of Romania's top prop traders:

Have first-class knowledge of prop trading activities and the Forex trading market; obtaining a degree in economics, finance, or math is ideal

Learn about the benefits and downturns of prop trading. And be certain Forex trading is among your hobbies to make it easier

Restrict your search to only regulated and fully registered prop firms

Forex prop firms in Romania will evaluate your trading capabilities, so prepare ahead and upgrade your financial market analysis and trading strategies

To learn about the finance industry and network with professionals, complete at least one internship with a trading company

Prepare for the licensing exam to get certified. Traders must pass the Securities Trader Representative Exam (Series 57) and Securities Industry Essentials (SIE). For more information, see FINRA Rule 1210 and FINRA Rule 1220

Go live and begin trading with actual money in a real market after passing the exam and completing the other regulatory requirements

Is prop trading in Romania free?

Because of the initial fee traders are meant to pay when applying for a prop account, prop trading is technically not free. Usually the fee ranges from $75 to $300 depending on the size of the account. Although this is the only fee traders have to pay, if the trader passes the evaluation, the prop firm funds the trader's account. Learn also the TU rating of the cheapest prop firms to find the best options on the market.

FAQs

Is Forex Trading Legal in Romania?

Yes, traders can legally trade currency pairs in Romania, provided they do so with a regulated broker. According to experts, it is in the best interest of Romanian traders to trade currency pairs with reputable brokers, as they make Forex trading straightforward.

Is there a list of prop trading firms?

Popular prop trading companies include TopStep, FTMO, E8 Funding, Funded Next, and Earn2Trade.

How do I join a prop trading firm?

Searching for a reputable prop trading company and submitting an application for a funded trading program are the first steps. You may be required to participate in an interview process by some prop firms to discuss your trading abilities, experience, preferred market, and other trading requirements. You can begin your evaluation, which could last between 30 and 60 days if you pass the interview.

How much do prop trading firms pay?

Which company you choose and its profit-sharing ratio—which may range from 75/100 to 90/100—will determine how much money you can make as a prop trader. Your trading experience might impact the profit-sharing ratio.

Methodology for compiling our ratings of prop firms

Traders Union applies a rigorous methodology to evaluate prop companies using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.

Key aspects of the assessment include:

Trader Testimonials and Reviews. Collecting and analyzing feedback from existing and past traders to understand their experiences with the firm.

Trading instruments. Companies are evaluated on the range of assets offered, as well as the breadth and depth of available markets.

Challenges and Evaluation Process. Analyzing the firm's challenge system, account types, evaluation criteria, and the process for granting funding.

Profit Split. Reviewing the profit split structure and terms, scaling plans, and how the firm handles profit distributions.

Trading Conditions. Examining leverage, execution speeds, commissions, and other trading costs associated with the firm.

Platform and Technology. Assessing the firm's proprietary trading platform or third-party platforms it supports, including ease of use, functionality, and stability.

Education and Support. Quality and availability of training materials, webinars, and one-on-one coaching.

Team that worked on the article

Peter Emmanuel Chijioke
Contributor

Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.

Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.

Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).