Many traders in Romania use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Copy Trading App in Romania for 2024, based on our assessments.
The minimum deposit in RoboForex is $10. Leverage up to 1:2000. Traders choose RoboForex for reliability, favorable trading conditions, minimum spreads, and commission fees. The company is recommended for beginner traders and experienced investors.
TeleTrade is a broker for traders who value the variety of trading instruments and trade using their PC or a mobile app. The company is a good broker both for beginners and experienced traders.
MXC is a cryptocurrency exchange and P2P platform specializing in crypto/crypto trading pairs. The company offers a proprietary terminal and staking for passive investment.
ForexMart is a broker for those who value a wide range of trading instruments as well as quick support. This company is a good choice for both new and experienced traders who work from PCs and smartphones.
FXPrimus is a broker that offers very favorable terms for independent trading and investing. In addition to an attractive range of trading assets, the company also captivates by paying increased attention to security. It is also worth noting a serious approach to the issues of analytics and education.
1
Best Copy Apps in Romania - RoboForex
RoboForex is a well-established brokerage company offering a broad spectrum of trading opportunities for active traders and investors alike. With an impressive selection of over 12,000 financial instruments - including currency pairs, CFDs on stocks, indices, metals, energies, and futures - RoboForex provides a versatile trading environment.
The broker boasts competitive trading conditions: tight spreads starting from 0 pips, high leverage up to 1:2000, and fast execution speeds. The broker also offers the CopyFx investment program, which allows traders to copy the strategies of successful investors and earn passive income. Additional perks include instant fund withdrawals and some of the industry’s highest affiliate payments (up to 84%).
RoboForex prioritizes reliability and client satisfaction, establishing itself as a trusted partner for traders worldwide.
👍 Advantages of trading with RoboForex for traders in Romania:
•Availability of favorable trading conditions and a minimum deposit
•Unique investment program CopyFx
•Highest affiliate payments: up to 84% of the fee paid by the referral
•Market launch - STP and ECN
•Instant withdrawal of funds
•Minimum deposit - $10
👎 Disadvantages of RoboForex for traders in Romania:
•A small number of currency pairs - 36, for accounts: Pro, Pro-Cent, ECN, Prime
•Lack of tools when trading on the R StocksTrader platform
2
Best Copy Apps in Romania - TeleTrade
TeleTrade is a global broker serving clients worldwide. They offer trading on Forex, indices, stocks, metals,cryptocurrencies, and energies. While lacking PAMM accounts and certain investment options, TeleTrade boasts a robust copy trading service, a strong affiliate program, and diverse account types (ECN, NDD, crypto). With sufficient leverage (up to 1:500) and spreads from 0 pips, the broker caters to various trading styles, including scalping, intraday trading, and medium to long-term strategies.
TeleTrade supports traders with market analytics, expert forecasts, an economic calendar, and a comprehensive education section on their website.
👍 Advantages of trading with TeleTrade for traders in Romania:
•detailed analytical section;
•informative educational section.
👎 Disadvantages of TeleTrade for traders in Romania:
•no PAMM accounts or other money management options;
•a small range of trading instruments;
•few withdrawal options;
•support is available 24/5;
•withdrawals delayed;
•technical support responds slowly;
•sometimes it takes a long time to verify data.
3
Best Copy Apps in Romania - MEXC
The MXC cryptocurrency exchange (MXC.com) has been operating since 2018. The company is registered in Singapore, which is a loyal digital asset jurisdiction. The platform offers clients trading and P2P exchange services. The main specialization of the trading platform is to provide clients with crypto/crypto trading services with currencies such as Bitcoin (BTC), Ethereum (ETH), and Tether USD (USDT). The undoubted bright side of the platform is access to cryptocurrency ETF funds.
👍 Advantages of trading with MEXC for traders in Romania:
•120+ cryptocurrencies for trading;
•receive additional income through staking and holding;
•an affiliate program with income up to 80% of the deposit of the invited trader.
👎 Disadvantages of MEXC for traders in Romania:
•commissions of 0.2% per trade;
•withdrawal fees (0.0005 BTC for Bitcoin);
•lack of support for fiat currencies for trading;
•no MAM or PAMM accounts;
•mandatory verification.
4
Best Copy Apps in Romania - ForexMart
ForexMart is a company that operates globally, except for the United States, North Korea, Myanmar, Sudan, and Syria. The company is part of the TradoMart Ltd group. It was registered in 2015 in Cyprus, is regulated by the Cyprus Securities and Exchange Commission (CySEC, 266/15), and is a member of the European Securities and Markets Authority (ESMA). This broker provides clients with access to Forex currencies and other trading instruments such as futures contracts for stocks and precious metals.
Over the years, ForexMart has won many awards including “The Best New Broker in Europe 2016” from the International Financial Journal (IFM). A year earlier, ForexMart was named “The Most Promising Broker in Asia”, according to ShowFx World.
👍 Advantages of trading with ForexMart for traders in Romania:
•a diverse range of over 100 trading instruments. In addition to Forex currency, clients can use cryptocurrencies, as well as futures contracts for metals and stocks;
•the company’s official website contains a wealth of useful trading tips and educational materials.
•interesting partner programs for those looking to make extra money, as well as the option to invest in auto-copy trading.
👎 Disadvantages of ForexMart for traders in Romania:
•customer service is available 24/5;
•not suitable for scalping;
•few investment opportunities;
•no MT5 platform;
•a small set of analytical tools in comparison with some of its competitors;
•no PAMM accounts;
•not all trading advisors work stably.
5
Best Copy Apps in Romania - FXPRIMUS
FXPrimus is a broker regulated by CySEC (Cyprus Securities and Exchange Commission, 261/14) and the VFSC (Vanuatu Financial Services Commission, 303073). It guarantees the protection of clients' assets with insurance coverage of 5 million euros. The company applies the latest systems, the task of which is to ensure a high level of data protection. Also, the company's activities are regulated by the FSC (Financial Services Commission). The broker provides clients with access to Forex and CFDs. Assets available include 43 currency pairs, four types of precious metals, energies, stocks, and market indexes. The company describes itself as one of the safest and continues to set new data protection standards to this day. FXPrimus has always prioritized security, which has allowed it to take a confident position on large trading platforms.
👍 Advantages of trading with FXPRIMUS for traders in Romania:
•the widest range of trading assets;
•a trader's funds are insured for up to 5 million euros;
•high level of security.
👎 Disadvantages of FXPRIMUS for traders in Romania:
•support service active 24/5;
•very rarely, but there are failures in the platform's operation that require its restart;
Best Copy Trading App in Romania 2024: Education for Investors
When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.
RoboForex - Education for Investors
Investment Education Online
A large training section has been created on the RoboForex website. Each trader will receive the necessary information for successful trading — from the basics of the Forex market to analytics, reviews of trading strategies, advisors, and indicators.
The company's specialists recommend opening a demo (practice) account and educating yourself by obtaining and later applying theoretical knowledge in practice by actually trading on the demo account, thereby combining theory and practice. Thus, you will gain valuable experience and the necessary skills to work on a real account.
TeleTrade - Education for Investors
Investment Education Online
The TeleTrade website features a large educational section where every trader can find information for successful Forex trading and more. The broker provides information on the basics of analysis, trading strategies, and also offers educational courses, video tutorials. The company also holds webinars.
You can test the knowledge you gained on the TeleTrade website by using a demo account. The broker’s specialists believe it can give novice traders the experience and skills to trade on a live account.
To support traders, a separate analytical section has been created on the website with an economic calendar, news and market overview.
ForexMart - Education for Investors
Investment Education Online
The ForexMart website includes a multi-page education brochure titled “The 10 Behind Forex Trading”, which is published in the relevant section and available in an electronic version.
Note: The Presentation section also includes a wealth of useful information, such as a step-by-step guide for opening a trading account.
ForexMart suggests beginning with a demo account to put theoretical knowledge into practice. This provides novice traders with the confidence, skills, and experience needed to begin trading on the real market, while also lowering the risk of making mistakes. To support traders, there is up-to-date analytical information, which, as well as educational materials, can be found on the official website in the Tools tab. The analytical section includes Economic News, Market Analysis, and an economic calendar.
FXPRIMUS - Education for Investors
Investment Education Online
On the official website of FXPrimus, there are dedicated analytical and education sections available, where a trader can find useful materials as well as market analysis tools.
Each of these tools can be tested on a free training account.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Romania choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Copy Trading App in Romania 2024.
RoboForex | TeleTrade | MEXC | ForexMart | FXPRIMUS | |
---|---|---|---|---|---|
Overall score |
8.61 |
7.19 |
7.02 |
6.23 |
6.62 |
Execution of orders |
8.95 |
3.21 |
8.5 |
2.93 |
4.85 |
Investment instruments |
8.2 |
6.7 |
3.28 |
6.91 |
7.44 |
Withdrawal speed |
9.71 |
7.79 |
9.02 |
8.14 |
7.64 |
Customer Support work |
9.17 |
8.41 |
7.25 |
5.98 |
5.55 |
Variety of instruments |
8.75 |
8.75 |
7.1 |
6.72 |
7.02 |
Trading platform |
6.86 |
8.29 |
6.98 |
6.7 |
7.2 |
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FAQ
Do all brokers offer mobile apps for iOS and Android?
Unfortunately no. Some companies focus only on one operating system. Before opening an account make sure that the broker offers the version for your operating system.
Is it possible to register with a broker using the mobile app?
Yes. Brokers provide an opportunity to open an account and pass verification directly in the mobile app.
Can a platform function less effectively in the app than in the web version?
The platforms of reliable brokers with good apps work as smoothly as the web version. Therefore, there are almost no instances when the app runs poorly and the web version runs well. That may happen only in case of technical failures, which also happen rarely if the app is good.
How are the apps protected against unauthorized access?
As a rule, in addition to the username and password, other security measures apply, for example two-factor authentication. In this case, you will need to enter a unique code to access your account.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.