Forex trading is completely legal in Romania and is regulated by the Romanian Financial Supervisory Authority (ASF), also known as Autoritatea de Supraveghere Financiara (1). As a member of the European Union, Romania adheres to all financial regulations set forth by European authorities, creating a secure and regulated environment for forex trading activities. Romanian residents have full access to the foreign exchange market, though they must conduct trades through licensed intermediaries such as authorized brokers, exchange houses, and credit institutions.
The ASF serves as the primary regulatory body overseeing all non-bank financial markets in Romania, including forex brokers and investment service providers (2). This governmental agency was established in April 2013 through the merger of three previous regulatory bodies and is responsible for issuing licenses to brokers, monitoring their activities, and ensuring adequate capital requirements are maintained. All forex brokers operating in Romania must obtain proper licensing from the ASF to legally offer their services to Romanian residents.
"The ASF regulations in Romania are specifically designed to safeguard the interests of investors participating in Forex trading activities through measures aimed at promoting transparency, accountability, and ethical conduct."
Romanian forex traders benefit from comprehensive investor protection measures implemented by the ASF, which seeks to prevent market manipulation, fraud, and other abusive practices within the forex market. The regulatory framework ensures that brokers maintain proper business practices, provide transparent pricing, and follow strict compliance standards. Romanian traders can choose between ESMA-compliant brokers that follow stricter European trading rules or offshore brokers, though the ASF strongly recommends working only with properly licensed and regulated entities to ensure maximum protection of trading capital and personal information.
Source:
https://asfromania.ro/en/
https://en.wikipedia.org/wiki/Romanian_Financial_Supervisory_Authority
Last updated: 01-06-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
