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XTB review for Romanian investors (2026)

XTB is a Romanian tax-resident intermediary, so gains are withheld at 3%/6% at source — which usually matters more than its 0% commission. It has no referral program.

No referral program

XTB does not currently run a referral program we can verify for Romania. We will not advertise one until it does.

At a glance

Costs

Stock / ETF commission0% → 0.2%0% up to EUR 100,000 monthly turnover, then 0.2% (min EUR 10)
Minimum per order€10
Currency conversion0.5%
Custody feeNone
Inactivity feeNone
Withdrawal feeNone

Investing features

FractionalYes
RecurringYes
Minimum depositNo minimum
Minimum practical trade€1Below this, the per-order minimum starts to dominate the cost.
ETFs available1,800
Markets3,400+ stocks and 1,800+ ETFs in Investment Plans

Regulation & protection

RegulatorASF, KNF
Investor compensationPolish investor compensation scheme
Legal entityXTB S.A. — Romanian branch (Romanian tax-resident intermediary)

Best for

Romanian residents who want tax withheld at source and 0% commission on normal volumes

Figures checked 27 September 2026

Romanian tax

3% / 6% withheld

Withheld at source: 3% if held at least 365 days, 6% below that.

XTB is one of the most visible brokers among Romanian investors, and for a Romanian tax resident it has a structural advantage the others on this page do not: tax treatment.

The differentiator: tax withheld at source

XTB Romania states that it is a Romanian tax-resident intermediary and handles withholding for relevant securities gains. For 2026 it lists:

  • 3% for securities held at least 365 days
  • 6% for securities held less than 365 days

For qualifying gains, you do not calculate and pay the capital-gains tax the way you would with a foreign intermediary — it is withheld and generally final.

Set against the 16% self-declared regime that applies to gains through most international brokers, this is the largest single number in the comparison. On a €10,000 gain it is the difference between €300 and €1,600.

That does not make XTB automatically the right choice, and the regime depends on your own circumstances and on the entity holding your account. But it belongs next to the commission, not in a footnote.

Trading fees

XTB charges 0% commission on stocks and ETFs up to €100,000 of monthly trading volume. Above that threshold, commission is 0.2%, with a €10 minimum.

For a normal retail investor, €100,000 of monthly turnover is not a constraint — the effective commission is zero.

Currency conversion is where XTB is less competitive: 0.5% when the instrument is denominated in a currency other than your account currency. That is meaningfully higher than Trading 212 or IBKR, and on a plan buying USD-denominated ETFs from a EUR account it is the dominant fee.

Investment Plans

XTB's Investment Plans have no setup fee, no maintenance fee and no management fee, with €0 trading commission inside the €100,000 monthly turnover threshold. Access covers 3,400+ stocks and 1,800+ ETFs.

For recurring monthly contributions this is a strong package — provided you keep an eye on the 0.5% conversion cost.

Referral bonus: none

This is where most broker comparison articles are out of date. According to XTB Romania's own support page, updated 15 June 2026:

XTB currently does not offer a referral program or the ability to create referral links for opening an account in exchange for a reward.

So the referral value is €0, and this page shows no XTB referral CTA. That does not mean XTB runs no promotions at all — it means we will not advertise a referral bonus that does not exist.

Who it suits

Romanian tax residents who want the withholding regime, invest in EUR-denominated instruments where the 0.5% conversion fee does not bite, and use recurring Investment Plans.

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Other brokers

Interactive BrokersGlobal market access, larger portfolios and lower percentage costs on bigger tradesTrading 212Small monthly amounts, fractional shares and a simple mobile appTradeVilleDirect access to the Bucharest Stock Exchange with Romanian tax withheld at sourceInvestimentalRomanian investors wanting a local platform with BVB and international access

Referral disclosure

Some links on this page are referral or affiliate links. If you open an account through one, InvestPane may receive a commission. This does not increase what you pay. Where a broker gives the new customer a benefit, we show the reward and its requirements. Promotions change or expire — always verify the final terms with the broker before registering.

Referral, promotion or affiliate?

  • A referral bonus is money, shares or fee credit given because you signed up through someone's link.
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  • An affiliate link is a commercial link through which the publisher may be compensated if you become a customer.

These are not the same thing, and a comparison site should not present them as if they were.

This page is information, not investment advice. Fees, tax rules and promotions change — always verify current terms with the broker before opening an account.