Best Forex Proprietary Trading Companies in Romania

Top 7 prop trading accounts

TopStep

Topstep Review

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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

FTMO Review

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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:

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.

SurgeTrader

SurgeTrader Review

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SurgeTrader is an excellent choice for Italian traders looking for the leading prop firm. This prop firm offers a competitive profit split up to 75% to funded traders who meet their trading criteria. Unlike many other prop trading entities, SurgeTrader follows a streamlined evaluation process with only one phase.

Traders of all skill levels can select from six different packages offered by SurgeTrader. The Starter Package, ideal for beginners, provides $25,000 in instant funding and sets a 10% profit target. With a maximum trailing drawdown of 5%, this package offers a more conservative approach.

On the other hand, the Master Package, which is the highest-tier account, comes with a funding size of up to $1 million and a 75% profit split. It sets a 10% profit target, a four-percent daily loss limit, and a five-percent maximum trailing drawdown. This package is suitable for experienced traders.

SurgeTrader provides a wide variety of tradable securities, including cryptocurrencies, gold, and popular stock indices. Traders have the flexibility to leverage up to 1:20, allowing them to amplify their trading positions.

To become a part of SurgeTrader, all clients are required to undergo evaluations. The SurgeTrader Audition process consists of a single phase, and there is no specific requirement to earn over 10% of your account balance to pass the audition.

The audition fees range from $250 (Starter package) to $6,500 per account, and there is no limit to the number of times you can take the audition. Payments and withdrawals can be made conveniently using credit/debit cards and PayPal.

Fidelcrest

Fidelcrest Review

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With more than 6,000 traders worldwide, Fidelcrest has a strong reputation. The company offers performance coaching, million dollar account sizes, and up to a 90% profit split. During a limited time, Fidelcrest is also offering three bonuses, including a second chance challenge, fast track qualification, and double assets.

With Fidelcrest, you can trade real capital, with the industry’s highest profit split. Fidelcrest will invest real money after your two phases of evaluation.

In terms of tradeable assets, Fidelcrest also stands out. In addition to forex, you can also trade, commodities, indices, and stock shares.

Fidelcrest is one of the prop firms that pays you a commission during the evaluation process. You can receive up to 50% of your earnings after you pass the second evaluation stage. As a funded Findelcrest trader, you’ll make an additional 80-90%.

The number of account options Fidelcrest offers is unmatched by any other company. There is an account that will meet your needs regardless of your risk tolerance, trading strategy, level of experience, or budget. There are three types of accounts: Pro Accounts, Aggressive Accounts, and Micro Accounts. You can open an account with funding of $10,000, all the way up to an account worth $1 million.

E8 Funding

E8 Funding Review

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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

Funded Next Review

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Funded Next provides up to $200,000 with a $4 million scale-up plan. Funded Next offers 2 account types, with 5 plans each, to help users select the best offer for their goal.

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

Earn2Trade Review

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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.

Are international prop trading firms legit in Romania?

Yes, international prop trading firms are legit and can carry out their activities in Romania without interruption. Romanian Forex traders with experience can access their funded accounts even though they may not be regulated in the country. Traders can trade with brokers who hold licenses from other EU nations because these brokers operate according to MiFID regulations.

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:

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.

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: