Forex brokers Poland

Poland is the 6th biggest economy in Europe. It is considered to be a decent place to do business, as the Polish zloty becomes a popular currency and is being traded globally on the forex exchange market. Therefore, Poland is quite a stable country from an economic point of view. It offers a variety of brokerages that are properly regulated, where people can trade Forex, commodities, stocks, and other financial instruments.

Poland Forex Trading Platform

Forex trading is legal in Poland. The Polish government and regulatory authorities allow forex trading as a legitimate activity, and Polish residents are free to participate in forex trading as long as they comply with the relevant laws and regulations.

  • Forex brokers that operate in Poland are required to obtain authorization and comply with the rules and regulations set by the Polish Financial Supervision Authority (KNF) to ensure the safety and security of their client’s funds.
  • When it comes to choosing a forex trading platform in Poland, it’s crucial to select a platform that is both trustworthy and easy to use, while also being regulated by the appropriate authorities.

Learn more about Forex Market on Wikipedia.

Poland trading ProsPoland Forex Cons
Strict regulationLimited liquidity
Growing marketLimited investment options
Access to European Union marketsLack of transparency
DiversificationEconomic and political instability
Favorable tax treatment

Forex Regulation in Poland

Forex trading in Poland is regulated by the Polish Financial Supervision Authority (KNF – Komisja Nadzoru Finanswego in Polish). The KNF requires forex brokers to meet certain standards and adhere to specific rules and regulations, including maintaining sufficient capital reserves, providing transparent pricing and trading conditions, and conducting regular audits and compliance checks.

KNF’s official website is www.knf.gov.pl. We also recommend following the official Twitter account — @uknf.

Read our notes about the Forex Trading in Poland:

  • KNF authority is responsible for the supervision of the banking sector, capital market, insurance and pension schemes, supervision of payment institutions and payment service offices, electronic money institutions, and sector of credit unions.
  • Poland is a member of the European Union, therefore, is subject to the Markets in Financial Instruments Directive (MiFID). 
  • Since Poland follows EU regulations as an EU member when it comes to online trading, any broker licensed by other EU regulators is allowed to offer its financial services to Polish residents, and otherwise Polish brokers can accept traders from all EU
  • Polish watchdog offers quite high leverage compared to the other EU countries, 100:1. This decision was heavily criticized by the ESMA because it recommends setting it not higher than 30:1 in Europe.
  • Overall, while the Polish forex market may be small compared to other countries, it offers opportunities for traders who are interested in accessing a regulated and transparent financial market.

Learn more about Forex Regulator in Poland via Wikipedia.

Poland Regulator Website

Top 5 Best Forex Brokers in Poland

We have compiled a list of regulated brokers that accept Polish traders, and are considered to be trustworthy and safe to invest with. These brokers have been evaluated based on specific criteria, and have been assigned with good Trust Scores for Polish Traders:

  • HFM – Best Overall Broker in Poland 2024
  • BlackBull Markets – Best MT4 Broker in Poland 2024
  • FP Markets – Best Broker for Beginners in Poland 2024
  • Eightcap – Lowest Spread Broker in Poland 2024
  • BDSwiss – Best for Scalping and EA Trading 2024

Demo Forex Trading Account Poland

Many brokers offer demo forex trading accounts in Poland, the most popular are FP Markets, FXTM, and CMC Markets.

Can foreigners buy stocks in Poland?

Foreigners can buy stocks listed on the WSE through a local brokerage account, either by opening an account with a Polish brokerage firm or using an international brokerage firm that has a presence in Poland. It’s important to note that some brokerage firms may have specific requirements for opening an account, such as a minimum deposit or residency requirements, besides many brokers offering Stocks Trading on CFD basis available for all.

Is there a Poland ETF?

Yes, there are several exchange-traded funds (ETFs) that provide exposure to the Polish market. These ETFs invest in stocks of companies that are listed on the Warsaw Stock Exchange (WSE), as well as other companies with significant operations in Poland, so can be traded if Broker offring ETFs in its instruments range, or access it by CFDs tarding.

List of Polish Forex Brokers

Our experts recommend the following regulated brokers that accept clients from Poland and either Poland Brokers of EU Brokers that can accept traders from Poland:

Broker Detail
Dukascopy Review Dukascopy
Min. Deposit: $1,000
Max. Leverage: 1:30
Trading Platforms: JForex, MT4, Binary Trader
Regulation: FINMA, FCMC, JFSA, DFSA
Dukascopy Review
Scope Markets
Min. Deposit: $50
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5
Regulation: CySEC, IFSC
Scope Markets Review
Skilling logo Skilling
Min. Deposit: US$100
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, cTrader, Skilling Trader
Regulation: CySEC, FSA
Skilling Review