KNF regulated forex brokers
Polish Financial Supervision Authority · 🇵🇱 Poland
The Polish Financial Supervision Authority (KNF) is the financial regulator for Poland, established in 2006. ForexLicenses.com classifies it as tier 2 (strong regulation). We currently match 3 brokers in our database to an KNF licence.
The KNF regulates Poland's capital markets, where retail CFD trading is popular and home-grown brokers such as XTB and Dom Maklerski BOŚ are listed companies. Poland was an early mover on retail leverage limits, and the KNF publishes one of the more detailed public warning lists in Central Europe. Polish brokerage houses are supervised as investment firms under MiFID II and their clients are covered by the national compensation system.
Key rules for retail clients
- Tier
- Tier 2 — Strong regulation
- Compensation
- Investor compensation up to the PLN equivalent of €22,000
- Leverage
- 30:1 on major FX pairs (ESMA rules)
- Negative balance protection
- Required for retail clients
- Client money
- MiFID II client asset rules
- Complaints
- Financial Ombudsman (Rzecznik Finansowy)
Brokers licensed by the KNF 3
Frequently asked questions
How do I check if a broker is KNF regulated?
Search the firm's name or licence number on the KNF official register (https://www.knf.gov.pl/en/ENTITIES), confirm the status is current and that the website domain you're using is listed, then check the KNF warning list for clones.
Does the KNF offer investor compensation?
Investor compensation up to the PLN equivalent of €22,000
What leverage do KNF-regulated brokers offer?
30:1 on major FX pairs (ESMA rules)
Is negative balance protection required by the KNF?
Yes. Negative balance protection is required for retail clients of KNF-regulated firms.