Forex and CFD Brokers Romania
In Romania, the financial regulatory authority is the Financial Supervisory Authority (Autoritatea de Supraveghere Financiară, ASF). The ASF is an autonomous public institution responsible for supervising and regulating the financial markets in Romania. Its main objective is to ensure the stability, transparency, and integrity of the financial system and protect the interests of consumers and investors.
CFD stands for Contract for Difference. It is a popular derivative product that allows traders to speculate on the price movements of various financial instruments without owning the underlying asset. CFDs provide an opportunity to profit from both rising and falling markets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.