Choose your quick section of our best PFSA Regulated Forex Brokers in Poland below.
Our 5 Best Handpicked PFSA Regulated Forex Brokers in Poland Revealed:
There are a number of factors a trader should consider when looking for the best PFSA regulated Forex brokers in Poland. Here is an overview of the 5 Best KNF/PFSA Regulated Forex Brokers and Trading Platforms available to Polish investors.
HotForex
HotForex was established in 2007 is well regulated by FCA, CySEC, DFSA, FSCA and SFSA.
Pros and Cons
| Pros | Cons |
| Segregates client funds | Limited range of instruments |
| Established in 2010 | Not FCA Regulated |
| Regulated by CySEC | |
| Min. deposit from $1 |
The HotForex MT5 terminal offers 21 different timeframes, superior analysis tools, trading across HotForex asset classes, close to 100 simultaneous charts, hedging and one-click trading and 80+ technical indicators plus an in-built economic calendar. The account can be accessed from anywhere using an iPhone, interactive charts for 9 timeframes, advanced trading functions, one-click trading, 24 analytical objects, and 30 technical indicators. A traders chosen account will feature a trading platform which includes a selection of trading tools.
Trading Benefits
| Trading Features: | Accounts offered: | Funding methods: |
| Allows scalping | Micro account | Credit cards |
| Allows hedging | Mini account | Bank Transfer |
| Offers STP | Standard account | Neteller |
| Low min deposit | Zero spread account | |
| Offers Negative Balance Protection | Islamic account |
Customer support is available via phone and email.
XM Group
XM Group (XM) is a group of regulated online brokers regulated by the Cyprus Securities and Exchange Commission.
Pros and Cons
| Pros | Cons |
| Low stock CFD and withdrawal fees | Limited product portfolio |
| Easy and fast account opening | Average forex and stock index CFD fees |
| Great educational tools | No investor protection for non-EU clients |
XM offers traders more than 1000 financial instruments to trade on both the MT4 and MT5 platforms, including Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs. Forex trading is available on over 55 pairs, including the major USD, GBP, EUR and JPY pairs. Traders must take note that XM does not offer binary options or futures.
Trading Benefits
| Trading Features | Accounts Offered | Funding Methods |
| Negative Balance Protection | Micro | Wire Transfer |
| Low Spreads | Standard | Credit/Debit |
| Low Commission | XM Zero | Neteller |
| Hedging Allowed | UnionPay | |
| Scalping Allowed | WebMoney | |
| Qiwi |
Customer Service is available via live chat, Phone and email support.
Dukascopy
Dukascopy is an online forex & CFD broker headquartered in Geneva, Switzerland with 2 subsidiaries operating in the online trading space: Dukascopy Europe IBS AS based in Latvia and Dukascopy Japan K.K. based out of Tokyo. The two subsidiaries are regulated by their respective countries. Dukascopy Bank is a major Swiss financial institution, which as a whole is regulated by the Swiss Financial Market Supervisory Authority (FINMA), both as a bank and a securities dealer.
Pros and Cons
| Pros | Cons |
| Multiple Trading Tools | No US Clients |
| Deposit Insurance Scheme | Restricted Leverage |
| Expert News and Analysis | No MetaTrader 5 |
Trading instruments on offer include forex, CFDs based on cryptocurrencies, indices, bonds, stocks, and commodities, as well as binary options across the MetaTrader 4 (MT4) and JForex trading platforms. Accounts on offer are live, demo and a gold account. A traders chosen account will feature a trading platform which includes a selection of trading tools.
Trading Benefits
| Trading Features | Accounts Offered | Funding Methods |
| Allows scalping | Demo account | Wire Transfer |
| Allows hedging | Micro account | Credit/Debit |
| Offers STP | Mini account | Bitcoin |
| Low min deposit | Standard account | |
| ECN account | ||
| Islamic account |
Customer service is available via social media, live chat and a call-back request.
XTB
XTB is a European broker which was founded in 2002, and has offices in 13 countries across the globe. XTB is regulated by the UK Financial Conduct Authority (FRN 522157) and has been listed on the Warsaw Stock Exchange since 2016. XTB is a fintech company which combines financial services with innovative technology and it offers clients two platforms to choose from: xStation5 and MT4
Pros and Cons
| Pros | Cons |
| Lowest FX spreads | Does not accept U.S. clients |
| Regulated by FCA (U.K.) | Non-FX spread costs are high |
| Offers protection for client accounts | No guaranteed stop loss |
| Emphasis on customer service | No back-testing or automated trading capabilities |
Traders can choose from 25 crypto CFDs (9 individual coins or 16 crypto pairs) which are available 7 days a week (from 3am Saturday to 9pm Friday). Traders can buy or sell digital coins with 2:1 leverage and 365-day expiry.
Trading Benefits
| Trading Features: | Accounts offered: | Funding methods: |
| Allows scalping | Demo account | Credit cards |
| Allows hedging | Micro account | Bank Transfer |
| Offers STP | Mini account | PayPal |
| Low min deposit | Standard account | Skrill |
| Guaranteed stop loss | Islamic account | Payoneer |
| Offers Negative Balance Protection | Neteller |
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, Turkish, Arabic, and Russian.
Interactive Brokers
Interactive Brokers was founded in 1978 and is regulated by multiple financial authorities including the UK’s Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC). Interactive Brokers offers many account types, which fall into two big groups:
- accounts for individual traders and investors
- accounts for institutions
Pros and Cons
| Pros | Cons |
| Low trading cost | Pro users incur an account maintenance fee if multiple trades are not made |
| Invest globally in a multitude of products via a single account | Not everyone is eligible to open an IBKR Lite account |
| No minimum balance required | |
| Tools to bring your trading to the next level |
Trading Benefits:
| Tradable Securities | Accounts Offered | Funding Methods |
| Stocks | Lite | Bank Transfer |
| Fractional Shares | Pro | |
| Bonds | ||
| Mutual Funds | ||
| ETFs | ||
| Options |
Traders can choose between two different web trading platforms: The Client Portal and WebTrader and IBKR Mobile, Interactive Broker’s mobile trading platform, is available both for iOS and Android. Users can trade on Stock, Forex, Option and Futures – to name but a few. Customer Service is available 24/7 via Live Chat, Phone and Email.
Conclusion
There is no one set process to follow when choosing a Broker with which to invest. Traders must establish what their investment goals are, and start their process from there.
Poland, officially the Republic of Poland, is a country located in Central Europe. The economy and Gross Domestic Product (GDP) of the country of Poland is currently the sixth largest in the European Union by nominal standards, and the fifth largest by purchasing power parity. The PFSA supervises firms in banking solutions, securities trading, insurance, pensions, electronic money transfer, fund management, payment solutions, and other financial industries in the country. First and foremost, traders should be looking for one that has a valid license. According to Market Research, license information will generally be displayed at the bottom of a brokers web page (website), in English or otherwise. Other information which will generally be made available to visitors on the Brokers web page (website) will include, products available for trade, data on trading tools, data on trade executions, cookies and how they work, method of payment (including debit card), risk associated with trading, deposit solutions, offered account type(s) and much more.
Investors should keep in mind that there are no best brokers which will suit every trader’s needs. The Best broker choice will be mainly depended on the trader themselves, the clients available investment amount and their overall portfolio analysis. Customers must decide what their trading goals are and use market data, available content on how to trade and their personal investing needs to choose the right broker for them. Some Brokers may make use of cookies which will gather a customer’s personal data and investors should ensure that their security settings are correct. Not doing so may carry a risk.
FAQs
Can Forex be traded on another device other than a desktop computer or laptop?
Yes. Devices choices may range from desktop computer to smartphone. This will be fully depended on the Brokerage Firm and the options made available.
Do all Forex Brokers provide their customers with educational resources in regards to a profitable trading strategy, real time trading and transfer options?
In general, Yes. Most of the Best Brokers in the world will offer their clients access to a range of educational resources. These resources may include information in regards to services on offer, possible costs which may be incurred, the profit potential of a chosen currency, the minimum investment amount(s) required and much more.
Will a Regulated Forex Broker make use of Cookies on their website?
Generally speaking, this does not occur very often on a Broker site. However, with very convincing Scams sites making themselves known in the Market, cookies may indeed cross an investors path. These brokers must, but may not make this fact clear on their website. Cookies will collect and store the personal information entered by people who visit the broker page. This information can be something as simple as a name or surname, or something much more important like an account password entered and saved by a trader. Clients should never run the risk of excepting cookies of the bat. Read the fine print!
Do traders run a risk when choosing an unregulated Forex Broker?
Yes! Without a doubt. Taking on one of the largest financial markets in the world without trustworthy partners, may lead to a substantial loss of money. An unregulated forex broker will most definitely still accept a traders money even though it may not be right to do so, but no amount of capital will be able to buy a degree of safety. In order for any trader to make a trade, they will have to choose a Forex Brokerage firm with which to do so. This right, or for that matter, wrong choice will not only affect their level of profit but also their trading career as a whole.
What are the best solutions for avoiding money loss in Forex Trading?
Traders do not need a number of solutions to answer this question. Simply put, invest with a trustworthy, well-regulated Forex Broker.
Top 4 Brokers
