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Autoritatea de Supraveghere Financiară

ASF · Romania · Established 2013

Autoritatea de Supraveghere Financiară (ASF) is the financial regulator of Romania, established 2013. It caps retail leverage at 1:30, requires negative balance protection and segregated client funds, and compensates clients up to EUR 20,000 if a firm fails.

Official register

Check a firm's licence yourself

What this licence gets you

The rules a firm has to follow to keep this licence. A dash means we hold no answer on file, which is not the same as a no.

Maximum leverage, retail
1:30
Maximum leverage, professional
1:500
Compensation if the firm fails
EUR 20,000
Negative balance protection
Required
Client funds held separately
Required
Hedging
Permitted
FIFO order closing
Not mandatory
Supervision covers
Capital Markets, Insurance, Private Pensions
Body type
Government

About ASF

Romania's Financial Supervisory Authority oversees non-banking financial markets. Integrated supervision model.

  • MiFID II compliant
  • EU passporting rights
  • FIF protection

No listed broker holds a ASF licence

None of the brokers in our database holds an active licence from this authority. That is a statement about our listings, not about the regulator.