In Poland, forex brokers are regulated by the government’s financial regulator known as the Komisje Nadzoru Finansowego (KNF), or the Financial Supervision Authority in English. As with most other European countries, Poland is a member of the EU and is therefore subject to forex trading regulations from the European Securities and Markets Authority (ESMA). This includes strict limits on trading leverage, which is currently capped at 1:30 on major FX pairs for non-professional traders.
It should be noted here that the EU is for all practical purposes a common market for forex brokers. A forex broker that is licensed and regulated in one EU country is thus free to offer its services in Poland as well, and vice versa. For this reason, the number of locally registered forex brokers in Poland remains quite small.