Polish Financial Supervision Authority (KNF)
The Polish Financial Supervision Authority (Komisja Nadzoru Finansowego – KNF) is the regulatory authority overseeing Poland's financial sector, including forex brokers, investment firms, banks, and insurance companies. As part of the European Union, the KNF enforces the European Securities and Markets Authority (ESMA) framework to ensure fair, secure, and transparent trading environments.
The Polish Financial Supervision Authority (KNF) provides strong investor protection and regulatory oversight for forex trading under EU law. Choosing a KNF-regulated broker ensures compliance with ESMA standards, fund protection, and access to local legal support.
- 30:1 for major currency pairs
- 20:1 for non-major currency pairs, gold, and major indices
- 10:1 for commodities (excluding gold) and minor indices
- 5:1 for individual equities
- 2:1 for cryptocurrencies
- Licensing and supervision of forex brokers and investment firms in Poland
- Enforcing ESMA standards for leverage, marketing, and risk management
- Issuing warnings about unauthorized entities
- Overseeing compliance with MiFID II, AML laws, and investor protection standards
- Visit the KNF Public Register
- Search for the broker by name or license number
- Confirm their authorization and permitted services
- Capital Requirements: Minimum €730,000 (MiFID II standard)
- Client Fund Segregation: Required to protect client capital
- Negative Balance Protection: Mandatory for retail clients
- Ban on Bonuses & Promotions: No deposit bonuses or incentives
- Standardized Risk Warnings: Brokers must disclose risk of loss in ESMA format
- Ongoing Reporting: Regular financial and operational submissions to KNF
Advantages
- ESMA-aligned investor protection
- Transparent public register and broker list
- Local legal enforcement and dispute resolution
- Public warnings on illegal entities
Limitations
- Leverage restrictions for retail clients
- Promotional bans reduce marketing flexibility
- Regulatory documents and website primarily in Polish
Country
Poland
Established
2006
Contact
+48 22 262 51 00
Complaint bodies
Polish Financial Supervision Authority (KNF) Financial Ombudsman of Poland (Rzecznik Finansowy)
Hotline
+48 22 262 51 00
Complaint email
Last updated on: March 26, 2025
High Risk Warning : Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.