7 Best Forex Brokers in Poland
The 7 best Forex brokers in Poland (Europe) were revealed. We have explored and tested several prominent brokers that accept Polish citizens.
In this in-depth guide you’ll learn:
- What is a Forex broker?
- Who are the best brokers in Poland?
- Pros and cons of each broker on our list?
- Popular FAQs about the best Forex brokers discussed.
- Is forex trading legal in Poland?
- Best free trading apps for beginners to download.
So, if you’re ready to go “all in” with the 7 best Forex brokers in Poland…
Let’s dive right in…
🏆 10 Best Forex Brokers
| Broker | Review | Regulators | Min Deposit | Website | |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker >> |
| 🥈 |  | Read Review | FMA, FSA | USD 50 | Visit Broker >> |
| 🥉 |  | Read Review | FSCA, CySEC, DFSA, FSA, CMA | USD 0 | Visit Broker >> |
| 4 |  | Read Review | SFSA, FSCA, CySec* | USD 5 | Visit Broker >> |
| 5 |  | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker >> |
| 6 |  | Read Review | FCA, FINMA, FSA, ASIC | USD 0 | Visit Broker >> |
| 7 |  | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker >> |
| 8 |  | Read Review | Not Regulated | 0.001 BTC | Visit Broker >> |
| 9 |  | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker >> |
| 10 |  | Read Review | CySEC,MISA, FSCA | USD 20 | Visit Broker >> |
7 Best Forex Brokers in Poland (2024*)
- ☑️XTB – Top, reliable, and accessible choice.
- ☑️Pluss5 – user-friendly interface with advanced charting tools.
- ☑️eToro – regulated status and commission-free trading.
- ☑️XM – PLN deposits and PLN as an account base.
- ☑️AvaTrade – provides a seamless and intuitive trading experience.
- ☑️FP Markets – extensive experience and reputation in trading.
- ☑️CMC Markets – Accepts verified local Polish forex traders.
What is a Forex broker?
A Forex broker is a financial intermediary that facilitates currency trading for individuals and businesses.
These brokers provide access to the foreign exchange market, allowing clients to buy, sell, and speculate on various currency pairs.
They offer trading platforms, and analysis tools, and often act as counterparties to trades, earning revenue through spreads and commissions.
7 Leading Forex Brokers in Poland.
| 🔎Broker Name | 👉 Open Account | 💰 Minimum Deposits | ⚖️ Regulators | ✔️ Accepts New Poland Traders |
| XTB | 👉 Open Account | PLN 0 or $0 | FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, IFSC | ✔️ |
| Plus500 | 👉 Open Account | PLN397.01 or $100 | CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA | ✔️ |
| eToro | 👉 Open Account | PLN198.57 or $50 | CySEC, FCA | ✔️ |
| XM | 👉 Open Account | PLN 19.85 or $5 | FSCA, IFSC, ASIC, CySEC, DFSA | ✔️ |
| AvaTrade | 👉 Open Account | PLN396.90 or $100 | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC | ✔️ |
| FP Markets | 👉 Open Account | PLN396.90 or $100 | ASIC, CySEC, FSCA, FSA, FSC | ✔️ |
| CMC Markets | 👉 Open Account | PLN 0 or $0 | BaFin, IIROC, FCA, ASIC, MAS, FMA, DFSA | ✔️ |
XTB
XTB, established and headquartered in Poland, offers several compelling reasons for Polish traders to consider it as their Forex broker.
Firstly, being a local company, XTB understands the specific needs and preferences of Polish traders, providing customer support and services tailored to the local market.
XTB’s regulatory compliance with the Polish Financial Supervision Authority (KNF) ensures a high level of trust and security for traders.
XTB also offers a user-friendly trading platform equipped with advanced tools and analysis resources suitable for traders of all levels. Competitive trading fees, including tight spreads and low commissions, enhance its attractiveness.
XTB provides access to a wide range of currency pairs, as well as other financial instruments, enabling diversified trading strategies.
Overall, XTB’s combination of local expertise, regulatory adherence, user-friendly platforms, competitive fees, and diverse trading options make it a compelling choice for Polish traders seeking a reliable and comprehensive Forex brokerage service.
Unique Features
| Feature | Information |
| 🏛️ Regulation | FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, IFSC |
| 🏛️KNF regulation? | ✔️ Yes |
| 📲 Social Media Platforms | Facebook YouTube |
| 💻 Trading Accounts | Standard Account Swap-free Account Islamic Account Professional Account |
| 📊 Trading Platforms | xStation 5 xStation Mobile |
| 💰 Minimum Deposit in PLN | There is no specific minimum deposit required |
| 📉 Trading Assets | Forex Indices Commodities Stock CFDs ETF CFDs Cryptocurrencies |
| 💻PLN based Account? | ✔️ Yes |
| 💻PLN Deposits Allowed? | ✔️ Yes |
| ➕ Bonuses for traders? | ✔️ Yes (except in US, as per US regulation) |
| 📈 Minimum spread | From 0.5 pips |
| 💻 Demo Account | ✔️ Yes |
| ☪️ Islamic Account | ✔️ Yes |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| The advanced trading platform xStation 5 provides an exceptional user experience | The product portfolio could be more extensive, with more diverse asset classes. |
| Strong instructional support, including live webinars, tutorials, and articles | Forex and CFD trading fees may be less competitive than peers |
| Pricing is transparent, with no hidden fees | There are limited cryptocurrency trading options |
| Fast and dependable deal execution | Withdrawal fees for little sums can be discouraging |
| Professional traders might use direct market access (DMA) | Customer service can be enhanced outside of business hours |
Trust Score
XTB has a trust score of 95%
Plus500
Plus500 presents an enticing option for traders in Poland seeking a diverse range of tradable assets and portfolio diversification.
The platform offers a comprehensive list of assets beyond Forex, including stocks, indices, commodities, cryptocurrencies, and more. This extensive selection allows Polish traders to explore various markets and opportunities, enhancing portfolio diversification.
Plus500 provides a user-friendly trading platform accessible via web and mobile devices, making it convenient for traders to manage their portfolios on the go. With its intuitive interface and advanced trading tools, even beginners can navigate the platform effectively.
Plus500’s competitive pricing, including tight spreads and no commissions on most trades, adds to its appeal. The platform’s regulatory compliance with reputable authorities ensures a secure trading environment for Polish traders.
Overall, They provide a broad range of tradable assets, a user-friendly platform, competitive pricing, and regulatory adherence making it a compelling choice for Polish traders seeking diversified investment opportunities.
Unique Features
| 🔎 Feature | 👁️🗨️ Information |
| 🏛️Regulation | CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA |
| 🏛️ KNF regulation? | ❌No |
| 📱 Social Media Platforms | Facebook, Twitter, Telegram, Instagram, YouTube, LinkedIn |
| 🔎 Trading Accounts | Retail trading account |
| 💻 Trading Platforms | WebTrader |
| 💸 Minimum Deposit | COP 391,864.00 to USD100 |
| 🔁 Trading Assets | Forex, Precious Metals, Energies, Indices, Shares, Commodities, Cryptocurrencies, Bonds, Stocks DMA, ETFs |
| PLN-based Account? | ❌No |
| PLN Deposits Allowed? | ❌No |
| 💰 Bonuses for traders? | ✔️Yes |
| 📊 Minimum spread | From 0.0 pips |
| ✔️ Demo Account | ✔️Yes |
| ✔️ Islamic Account | ✔️Yes |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅Pros | ❌Cons |
| The platform is user-friendly | There are limited non-CFD instruments |
| Plus500 is compliant with all FCA limit | Platform customization is limited |
| There is negative balance protection applied | Lacks basic research materials |
| Plus500 offers a wide variety of assets including Forex, stocks, indices, commodities, cryptocurrencies, and more, allowing traders to diversify their portfolios. | While the platform is user-friendly, it may lack some advanced research and analysis tools compared to other brokers. |
| The trading platform provided by Plus500 is intuitive and easy to use, suitable for both beginners and experienced traders. | Plus500's educational resources for traders, such as tutorials and webinars, may be less comprehensive compared to some other brokers. |
| Plus500 typically charges no commissions on trades, which can result in lower trading costs for users. | Plus500 does not support the popular MetaTrader platform, which may be a drawback for traders who prefer using MetaTrader for their trading activities. |
| The platform offers tight spreads on various assets, helping traders to potentially maximize their profits. | Customer support options with Plus500 may be limited compared to some other brokers, potentially leading to slower response times or less comprehensive assistance |
| Plus500 is regulated by reputable authorities such as the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC), providing traders with a sense of security and trust |
Trust Score
Plus500 has a trust score of 85%
eToro
eToro offers Polish traders a diverse range of tradable assets including stocks, cryptocurrencies, commodities, indices, and Forex, alongside innovative features like social trading and Copy Portfolios. Its user-friendly platform, regulated status, and commission-free trading on stocks and ETFs make it accessible and cost-effective.
Furthermore, the eToro platform fosters a community-driven approach, allowing users to interact, share insights, and even copy the trades of successful investors. With advanced charting tools, analysis features, and a mobile trading app, eToro provides a comprehensive trading experience.
eToro offers educational resources to help traders enhance their skills and knowledge. However, traders should conduct their own research to ensure eToro meets their individual trading needs and preferences.
Unique Features
| Feature | Information |
| 🏛️ Regulation | CySEC, FCA |
| 🏛️ KNF Regulation | ❌No |
| 📲 Social Media Platforms | Facebook Youtube Telegram |
| 💻 Trading Accounts | Personal Account Professional Account Corporate Account Islamic Account |
| 📊 Trading Platforms | eToro proprietary platform |
| 💰 Minimum Deposit | $50 |
| 📉 Trading Assets | Stocks. Indices. ETFs. Currencies. Commodities. Crypto assets. |
| PLN-based Account? | ❌No |
| PLN Deposits Allowed? | ✔️ Yes |
| ➕ Bonuses for traders? | ✔️ Yes |
| 📈 Minimum spread | From 0.9 pips |
| 💻 Demo Account | ✔️ Yes |
| ☪️ Islamic Account | ✔️ Yes |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| The leading platform for social trading | Increased withdrawal and conversion fees |
| Beginners will find the UI easy to use | Spreads may be wider than the industry norm |
| A diverse assortment of trading instruments | There are limited forex-specific educational resources |
| Traders can trade crypto directly and as CFDs | Customer service responses can be delayed. |
| Offers an interactive community for learning and exchanging techniques | Nigerian traders may have to pay conversion costs when using USD as their account currency |
Trust Score
eToro has a trust score of 90%
XM
This broker presents a favorable option for Polish traders for several reasons.
Moreover, their acceptance of PLN deposits and provision of PLN as an account-based currency facilitates seamless transactions and avoids currency conversion costs for Polish traders. This enhances convenience and cost-effectiveness.
XM offers a diverse range of trading instruments including Forex, stocks, commodities, indices, and cryptocurrencies, providing ample opportunities for portfolio diversification. The platform’s user-friendly interface, advanced charting tools, and analysis resources cater to traders of all levels.
XM’s regulatory compliance with reputable authorities such as the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC) instils trust and confidence among Polish traders.
Overall, XM’s combination of local currency support, diverse trading options, user-friendly platform, and regulatory adherence make it an attractive choice for traders in Poland.
Unique Features
| Feature | Information |
| 🏛️ Regulation | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC |
| 🏛️ KNF Regulation | ❌No |
| 📲 Social Media Platforms | LinkedIn YouTube |
| 💻 Trading Accounts | Micro Account, Standard Account, XM Ultra-Low Account, Shares Account |
| 📊 Trading Platforms | MetaTrader 4, MetaTrader 5, XM Mobile App |
| 💰 Minimum Deposit | $5 |
| 📉 Trading Assets | Forex, Cryptocurrencies, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, Shares, |
| PLN-based Account? | ✔️ Yes |
| PLN Deposits Allowed? | ✔️ Yes |
| ➕ Bonuses for traders? | ✔️ Yes |
| 📈 Minimum spread | From 0.0 pips |
| 💻 Demo Account | ✔️ Yes |
| ☪️ Islamic Account | ✔️ Yes |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅Pros | ❌Cons |
| The XM accounts are accessible to all types of traders | Spreads can fluctuate drastically and quickly |
| Traders can use leverage up to 1:1000 | There are position size limits according to the trading account |
| XM caters to various trading strategies | Compared to alternative brokerages, XM offers a relatively limited assortment of cryptocurrencies, which may restrict the range of options available to traders interested in acquiring a diverse selection of crypto assets. |
| There is a diverse range of tradable instruments | Traders may incur inactivity penalties if their accounts remain inactive for prolonged durations. This situation may present a challenge for infrequent traders. |
| XM offers multi-currency accounts | XM functions through the implementation of variable spreads, the magnitude of which traders may perceive as being greater during periods of heightened market volatility. |
| XM applies for negative balance protection | XM, in comparison to certain industry rivals, does not consistently provide fixed deposit advantages, potentially impeding traders who are in search of supplementary incentives. |
| A cent account is provided by XM, enabling traders, particularly novices in the field, to commence their endeavours with more modest investments while efficiently mitigating their risk exposure. | A number of traders are perplexed by XM's fee structure, which varies by account category and has the potential to cause some users to become confused. |
| XM's platform provides traders with competitive margins that not only enhance cost-effectiveness but also possess the potential to optimise profits. | Depending on the regulatory climate, traders whose strategies favour higher leverage ratios may face repercussions if XM is able to enforce leverage restrictions. |
| XM charges low spreads from 1.5 pips on NASDAQ | XM’s demo account is only available for 90 days if it is not used consistently |
| XM is known for its transparency and fair trading conditions across markets | The spreads on instruments like NASDAQ can widen during volatile periods |
| XM offers several advanced tools to help traders refine their trading strategies on NASDAQ | |
| There are four flexible account types, including a Shares Account |
Trust Score
XM has a high trust score of 90%
AvaTrade
AvaTrade, coupled with its AvaTradeGO mobile app, stands out as an excellent option for traders in Poland.
Notably, AvaTrade is regulated by the Polish Financial Supervision Authority (KNF), ensuring compliance with local regulations and offering traders a sense of security.
Additionally, the AvaTradeGO app provides a seamless and intuitive trading experience, allowing traders to execute trades, access advanced charting tools, and monitor their portfolios on the go.
Furthermore, AvaTrade offers a diverse range of tradable assets including Forex, stocks, indices, commodities, and cryptocurrencies, enabling Polish traders to diversify their portfolios effectively.
With competitive pricing, including tight spreads and low commissions, AvaTrade ensures cost-effectiveness for traders.
Overall, AvaTrade’s KNF regulation, user-friendly mobile app, diverse asset selection, and competitive pricing make it a compelling choice for traders in Poland seeking a reliable and comprehensive trading platform.
Unique Features
| 📝 Regulation | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA |
| 🏛️KNF Regulation | ✔️Yes |
| 📱 Social Media Platforms | Instagram, Facebook, Twitter, YouTube |
| 🔎 Trading Accounts | Retail Account, Professional Account |
| 💻 Trading Platforms | AvaTradeGO, AvaOptions, AvaSocial, MetaTrader 4, MetaTrader 5, DupliTrade, ZuluTrade |
| 💸 Minimum Deposit | $100 |
| 🔁 Trading Assets | Forex, Stocks, Commodities, Cryptocurrencies, Treasuries, Bonds, Indices, Exchange-Traded Funds (ETFs), Options, Contracts for Difference (CFDs), Precious Metals |
| 🚀 PLN-based Account? | ❌No |
| 💳 PLN Deposits Allowed? | ❌ |
| 💰 Bonuses for traders? | ✔️Yes |
| 📊 Minimum spread | From 0.0 pips |
| ✔️ Demo Account | Yes |
| ✔️ Islamic Account | Yes |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| AvaTrade is multi-regulated globally | AvaTrade is not regulated in Nigeria |
| AvaTrade offers several robust trading platforms across device | There are no Nigerian CFDs that can be traded |
| Traders can access several educational materials and trading tools | Inactivity fees apply to dormant accounts |
| AvaTrade charges fixed spreads and zero commissions | AvaTrade does not offer 24/7 customer support |
| Nigerians can participate in social trading with AvaTrade |
Trust Score
AvaTrade has a high trust score of 96%
FP Markets
FP Markets is renowned for its extensive experience and reputation in the industry, instilling trust and confidence among traders.
They provide a wide range of tradable assets including Forex, stocks, indices, commodities, and cryptocurrencies, allowing Polish traders to diversify their portfolios effectively. The broker offers competitive trading conditions such as tight spreads, fast execution, and low commissions, enhancing the trading experience for users.
FP Markets is regulated by reputable authorities like the Australian Securities and Investments Commission (ASIC), ensuring a high level of security and reliability.
With a user-friendly trading platform, advanced tools, and excellent customer support, This Market caters to the diverse needs of traders in Poland, making it a suitable option for both novice and experienced traders alike.
Unique Features
| Feature | Information |
| 🏛️ Regulation | ASIC, CySEC, FSCA, FCA and FSA |
| 📝 KNF Regulation | ❌ No |
| 📲 Social Media Platforms | LinkedIn You Tube |
| 💻 Trading Accounts | MT4/5 Standard Account, an MT4/5 Raw Account, an MT4/5 Islamic Standard Account, and an MT 4/5 Islamic Raw Account |
| 📊 Trading Platforms | MetaTrader 4 MetaTrader 5 cTrader IRESS FP Markets App |
| 💰 Minimum Deposit | AU$100 |
| 📉 Trading Assets | Forex Shares Indices Commodities Cryptocurrencies Bonds ETFs |
| PLN-based Account? | ❌ No |
| PLN Deposits Allowed? | ❌ No |
| 📈 Minimum spread | From 0.0 pips |
| 💻 Demo Account | ✔️ Yes |
| ☪️ Islamic Account | ✔️ Yes |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| FP Markets' state-of-the-art technical infrastructure increases dependability and efficiency while providing traders with an unmatched trading experience. | There are limited cryptocurrency trading possibilities |
| Traders receive comprehensive and knowledgeable customer support, ensuring prompt assistance and issue resolution. | Beginners could benefit from more comprehensive educational materials |
| In order to gain the faith and confidence of traders, FP Markets, which is overseen by multiple international organizations like the FSCA, CySEC, ASIC, FSA, and FSC, places a high value on regulatory compliance. | There are no forex-specific bonuses or promotional incentives |
| FP Markets offers a plethora of educational materials to help traders improve their trading skills. | Customer support response time can be improved |
| To accommodate a broad range of trading tastes and needs, FP Markets provides a number of account types that are tailored to meet the unique needs of its clients. | Due to FP Markets' global orientation, certain local payment methods may not receive equal weight. |
| FP Markets provides a vast array of analytical and charting tools via trading platforms like MetaTrader 5, IRESS, cTrader, and MetaTrader 5. With the aid of these tools, traders may make wise choices. | Although FP Markets offers a large selection of products, certain traders may favour those found in local or niche markets. |
| The extensive global market network of FP Markets enables traders to customize their trading strategies for a variety of asset types. | FP Markets charges withdrawal fees through a variety of payment methods; the precise amount is determined by the method used. |
| Dealers trade for less money and spend less money because to FP Markets' competitive spreads and low commission rules. |
Trust Score
FP Markets has a high trust score of 87%
CMC Markets
CMC Markets is a spread betting and CFD (Contract for Difference) broker. This means you can interpret the price movements of financial instruments. For example stocks, currencies, and commodities without owning them directly.
They don’t offer where you borrow shares and sell them hoping to purchase them back cheaper. However, CFDs can be used for similar strategies by taking a selling position on an asset you believe will decrease in value.
Unique Features
| Feature | Information |
| 🏛️ Regulation | BaFin, IIROC, FCA, ASIC, MAS, FMA, DFSA |
| 🏛️ Polish Regulation | ❌No |
| 📲 Social Media Platforms | Yelp Snapchat Messenger Groupon |
| 💻 Trading Accounts | CFD, Spread Betting, Corporate |
| 📊 Trading Platforms | MetaTrader 4, Next Generation, CMC Markets App |
| 💰 Minimum Deposit | $0 |
| 📉 Trading Assets | Forex Indices Shares Share baskets Commodities Crypto CFDs ETFs Treasuries |
| PLN-based Account? | ❌ No |
| PLN Deposits Allowed? | ❌ No |
| ➕ Bonuses for traders? | ❌No |
| 📈 Minimum spread | From 0.0 pips |
| 💻 Demo Account | ✔️ Yes |
| ☪️ Islamic Account | ❌No |
| BaFin Regulation | ✔️ Yes |
| 👉 Open Account | 👉 Open Account |
CMC Markets Pros and Cons
| ✔️ Pros | ❌ Cons |
| CMC Markets offers CFDs and spread betting across several asset classes | Withdrawal and inactivity fees are a drawback for many traders |
| CMC Markets offers webinars and training modules | Some users report delays in customer service responses |
| CMC Markets' charting and technical analysis tools benefit advanced traders | CMC Markets has limited account types |
| The Next Generation platform is advanced and configurable, developed for user experience | |
| CMC Markets has a solid regulatory framework |
Trust Score
CMC Markets has a high trust score of 77%
Conclusion
Our Final Thoughts on the 7 Foremost Forex Brokers in Poland.
Selecting the best Forex broker in Poland involves careful consideration of factors such as regulatory compliance, trading conditions, asset variety, and customer support. Traders should assess their individual needs and preferences to choose a broker that offers reliability, security, and a tailored trading experience for optimal success.
Frequently Asked Questions
Can I trade Forex on my mobile device in Poland?
Yes, many Polish Forex brokers offer mobile trading apps that allow traders to access their accounts, execute trades, and monitor the markets on smartphones and tablets.
How can I contact customer support if I have issues with my Forex broker in Poland?
Polish Forex brokers typically provide customer support through various channels such as phone, email, live chat, and online contact forms. Traders can reach out to customer support for assistance with any issues or queries.
How can I learn more about Forex trading strategies and analysis in Poland?
Traders in Poland can learn about Forex trading strategies and analysis through educational resources provided by brokers, online courses, books, and attending seminars/webinars.
What trading platforms do Polish Forex brokers offer?
Polish Forex brokers offer a variety of trading platforms including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and proprietary platforms developed by the brokers themselves.
Do I need any specific qualifications or licenses to trade Forex in Poland?
No specific qualifications are required to trade Forex in Poland. However, it’s essential to have a good understanding of the market and adhere to regulatory requirements.
Top 4 Brokers
