Forex Brokers in Poland
One of the bigger members of the European Union, Poland is definitely a market every Forex Broker looking to operate within the EEA should be eager to tap into. With a population of 38.5 million people, Poland is a heavyweight in a region dominated by small nation-states. The country is not a member of the Eurozone, and according to currently prevailing policy, it is not likely to become one in the near future. The national currency is the Zloty. From an economic perspective, Poland is stable though. It was one of the countries which brushed off the 2008 financial crisis relatively easily. The Polish retail Fx market is one of the most mature in Europe. It has local banks successfully competing for customers with foreign online brokerages.
Being an EU member, Poland is governed by EU regulations in regards to online trading. Thus, any operator with a license from an EU-based regulatory authority can offer its services to the Polish public.
The local financial authority regulating Forex trading is the Polish Financial Supervision Authority (KNF), which is apparently keen on keeping the trading equation as level as possible for traders who fall under its jurisdiction. In 2014, the KNF completed a study regarding the behavior and performance of Polish traders who used the services of online Forex brokers during the previous year. The said study found that some 81% of those trading were losing. The measures prompted by the study included a capping of the leverage at 100:1.
Here is a toplist of EU regulated brokers available to the Polish traders:
75% of clients lose money. Capital at risk.
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