Best KNF Regulated Forex Brokers for 2026

The regulated Forex market under KNF oversight offers a strong framework of transparency, investor protection, and operational integrity, ensuring traders operate in a secure and well-supervised environment. This curated list of the best KNF-regulated Forex brokers will help you identify reliable trading platforms that comply with Polish financial regulations, making it easier to choose a broker that matches your trading goals and risk preferences.

Comparison of the Best KNF Regulated Forex Brokers

Choose the first broker for comparison

AvaTrade

Choose the second broker for comparison

OANDA

Choose the third broker for comparison

XTB

Broker	AvaTrade	OANDA	XTB
Rating	4.7/5	4.3/5	4.2/5
Foundation Year	2005	2001	2001
Regulated in Countries	Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada	United States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, Poland	Belize, Poland, United Kingdom, Spain, United Arab Emirates, Germany
Regulators	Central Bank of IrelandCentral Bank of Ireland KNFKNF FCAFCA BVIFSCBVIFSC ASICASIC FSCAFSCA JFSAJFSA JFFAJFFA FSRAFSRA ISAISA CIROCIRO	NFANFA CFTCCFTC ASICASIC CIROCIRO FCAFCA JFSAJFSA BVIFSCBVIFSC MASMAS KNFKNF	BFSCBFSC KNFKNF AMFAMF ACPRACPR FCAFCA CNMVCNMV DFSADFSA BaFinBaFin
Minimum Deposit	100 CHF 100 EUR 100 GBP 100 USD	1 AUD 1 CHF 1 EUR 1 HKD 1 SGD 1 USD	1 USD
Trading Accounts	CFD	Standard Swap Free	Standard Swap Free
Spread	from 0.6 points	from 0.5 points	from 0.5 points
Trading Assets (CFDs)	Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency	Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks Cryptocurrency	Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms	MetaTrader 4 MetaTrader 5 WebTrader AvaTradeGO	MetaTrader 5 MetaTrader 4 TradingView fxTrade	xStation
Review	AvaTrade Review	OANDA Review	XTB Review
Broker Comparison	AvaTrade vs OANDA AvaTrade vs XTB	OANDA vs AvaTrade OANDA vs XTB	XTB vs AvaTrade XTB vs OANDA
Register	RegisterTrading CFDs carries high risks. You may lose all invested funds	Register71-76.6% of retail investors lose money when trading CFDs with this broker	Register69-80% of retail investors lose money when trading CFDs with this broker

List of the Best KNF Regulated Forex Brokers for 2026

1

Foundation Year2005

Minimum Deposit

$100

4.7/5

Read AvaTrade reviewAvaTrade review

RegisterTrading CFDs carries high risks. You may lose all invested funds

1

4.7/5

AvaTrade review

RegisterTrading CFDs carries high risks. You may lose all invested funds

Foundation Year2005

Minimum Deposit

$100

2

Foundation Year2001

Minimum Deposit

$1

4.3/5

Read OANDA reviewOANDA review

Register71-76.6% of retail investors lose money when trading CFDs with this broker

2

4.3/5

OANDA review

Register71-76.6% of retail investors lose money when trading CFDs with this broker

Foundation Year2001

Minimum Deposit

$1

3

Foundation Year2001

Minimum Deposit

$1

4.2/5

Read XTB reviewXTB review

Register69-80% of retail investors lose money when trading CFDs with this broker

3

4.2/5

XTB review

Register69-80% of retail investors lose money when trading CFDs with this broker

Foundation Year2001

Minimum Deposit

$1

1

Foundation Year2005

Minimum Deposit

$100

4.7/5

Read AvaTrade reviewAvaTrade review

RegisterTrading CFDs carries high risks. You may lose all invested funds

1

4.7/5

AvaTrade review

RegisterTrading CFDs carries high risks. You may lose all invested funds

Foundation Year2005

Minimum Deposit

$100

2

Foundation Year2001

Minimum Deposit

$1

4.3/5

Read OANDA reviewOANDA review

Register71-76.6% of retail investors lose money when trading CFDs with this broker

2

4.3/5

OANDA review

Register71-76.6% of retail investors lose money when trading CFDs with this broker

Foundation Year2001

Minimum Deposit

$1

3

Foundation Year2001

Minimum Deposit

$1

4.2/5

Read XTB reviewXTB review

Register69-80% of retail investors lose money when trading CFDs with this broker

3

4.2/5

XTB review

Register69-80% of retail investors lose money when trading CFDs with this broker

Foundation Year2001

Minimum Deposit

$1

1. AvaTrade

Spread fromEURUSD0.6pips

Trading Assets

Forex Stocks Indices ETF Cryptocurrency Bonds Precious Metals Energy Carriers Soft Commodities

Trading Platforms

MetaTrader 4 MetaTrader 5 WebTrader AvaTradeGO

★4.7/5

RegisterTrading CFDs carries high risks. You may lose all invested fundsRead AvaTrade review

1

About AvaTrade

Founded in 2005

Countries of registration:

Regulators:

Central Bank of IrelandKNFBVIFSCASICFSCAJFSAJFFAFSRAISACIRO

1

★4.7/5

AvaTrade review

RegisterTrading CFDs carries high risks. You may lose all invested funds

Countries of registration:

Regulators:

Central Bank of IrelandKNFBVIFSCASICFSCAJFSAJFFAFSRAISACIRO

Trading Assets

ForexStocksIndicesETFCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft Commodities

Trading Platforms

MetaTrader 4MetaTrader 5WebTraderAvaTradeGO

compare AvaTrade trading accounts

AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.

Pros and Cons of AvaTrade

2. OANDA

Spread fromEURUSD0.5pips

Trading Assets

Forex Indices Cryptocurrency Stocks Precious Metals Energy Carriers Soft Commodities Bonds

Trading Platforms

MetaTrader 5 MetaTrader 4 TradingView fxTrade

★4.3/5

Register71-76.6% of retail investors lose money when trading CFDs with this brokerRead OANDA review

2

About OANDA

Founded in 2001

Countries of registration:

Regulators:

NFACFTCASICCIROFCAJFSABVIFSCMASKNF

2

★4.3/5

OANDA review

Register71-76.6% of retail investors lose money when trading CFDs with this broker

Countries of registration:

Regulators:

NFACFTCASICCIROFCAJFSABVIFSCMASKNF

Trading Assets

ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy CarriersSoft CommoditiesBonds

Trading Platforms

MetaTrader 5MetaTrader 4TradingViewfxTrade

compare OANDA trading accounts

Oanda is an excellent choice for traders seeking a reliable and regulated broker with competitive spreads and various trading assets.

With quality analytics and diverse educational materials, Oanda suits beginners and experienced traders.

Pros and Cons of OANDA

3. XTB

Spread fromEURUSD0.5pips

Trading Assets

Forex ETF Stocks Indices Cryptocurrency Precious Metals Energy Carriers Soft Commodities Bonds

Trading Platforms

xStation

★4.2/5

Register69-80% of retail investors lose money when trading CFDs with this brokerRead XTB review

3

About XTB

Founded in 2001

Countries of registration:

Regulators:

BFSCKNFAMFACPRFCACNMVDFSABaFin

3

★4.2/5

XTB review

Register69-80% of retail investors lose money when trading CFDs with this broker

Countries of registration:

Regulators:

BFSCKNFAMFACPRFCACNMVDFSABaFin

Trading Assets

ForexETFStocksIndicesCryptocurrencyPrecious MetalsEnergy CarriersSoft CommoditiesBonds

Trading Platforms

xStation

compare XTB trading accounts

XTB is a highly regulated broker with licenses from leading bodies such as the FCA, reinforcing its reliability and transparency. This broker offers a wide range of trading products, including currencies, indices, commodities, stocks, and cryptocurrencies, making it a flexible choice for traders of different levels and interests. Various deposit options and advanced analytical support further enhance its appeal against competitors.

XTB suits traders who value regulation and security, those looking for various trading tools, and those who want access to extensive analytical resources. The broker will especially suit active traders who maximize low spreads and product diversity.

Pros and Cons of XTB

Forex Trading Regulation in Poland

Forex trading in Poland operates under a robust regulatory framework designed to protect traders, ensure transparency, and maintain the stability of the financial system. The primary authority responsible for overseeing Forex brokers in Poland is the Polish Financial Supervision Authority (KNF), which enforces strict compliance standards for all regulated financial institutions.

MiFID II and Investor Protection

As a member of the European Union, Poland applies the Markets in Financial Instruments Directive II (MiFID II), which came into force in 2018. MiFID II introduced enhanced rules aimed at improving market transparency, strengthening investor protection, and reducing systemic risk across EU financial markets.

Under MiFID II, Forex brokers must meet rigorous operational and reporting standards. These measures significantly reduce the risk of fraud, ensure fair trading conditions, and safeguard the interests of retail and professional traders alike.

The Role of KNF in Forex Regulation

KNF is the central regulatory authority responsible for supervising the Polish financial market, including Forex brokers, banks, investment firms, and capital markets. KNF ensures that all licensed brokers operate in accordance with Polish law and EU regulations.

All Forex brokers offering services in Poland must either:

• be licensed directly by KNF, or
• operate under EU passporting rights while being registered with KNF.

KNF supervises brokers’ capital adequacy, internal controls, risk management systems, and transparency obligations, ensuring a high level of trust in the Polish Forex market.

KNF Regulation of Forex Brokers

The Polish Financial Supervision Authority plays a key role in protecting traders from unfair practices and ensuring the integrity of the Forex market in Poland.

What is KNF?

KNF (Komisja Nadzoru Finansowego) was established in 2006 and serves as Poland’s unified financial regulator. Its mission is to ensure the proper functioning, stability, and security of the financial market, as well as to protect investors’ interests.

KNF regulates investment services, Forex and CFD trading, securities transactions, and asset management activities, operating within the MiFID II framework.

Requirements and Restrictions for KNF-Regulated Brokers

Forex brokers regulated by KNF must comply with a strict set of requirements designed to protect traders and ensure financial stability:

• Capital Requirements. Brokers must maintain sufficient regulatory capital (at least €730,000 for market makers), ensuring they can meet their financial obligations and withstand market volatility.
• Leverage Limits. Leverage for retail clients is capped at 30:1, in line with ESMA and MiFID II rules, reducing the risk of excessive losses.
• Negative Balance Protection. KNF-regulated brokers are required to provide negative balance protection, ensuring traders cannot lose more than their deposited funds.
• Registration and Supervision. All brokers must be registered with KNF and are subject to ongoing supervision, reporting obligations, and compliance checks.
• Client Fund Segregation. Client funds must be held separately from the broker’s own operating capital, protecting traders’ money in case of financial difficulties.
• Investor Compensation Scheme. KNF-regulated brokers participate in the Polish investor compensation system, which may compensate eligible clients in the event of broker insolvency.

How to Check if a Forex Broker is Regulated by KNF

To verify whether a Forex broker is regulated or registered with KNF, follow these steps:

1. Visit the official KNF website.
2. Access the register of supervised entities.
3. Search for the broker by name or license number.
4. Review the broker’s regulatory status and scope of authorization.
5. Cross-check the license details with the information published on the broker’s official website.

This process helps traders avoid unregulated or fraudulent brokers.

Benefits of Trading with KNF-Regulated Forex Brokers

Choosing a Forex broker regulated by KNF offers several important advantages:

• Investor Compensation Scheme – Protection of client funds in case of broker insolvency.
• Strict Regulatory Oversight – Compliance with Polish and EU financial regulations.
• Enhanced Transparency – Clear pricing, risk disclosures, and reporting standards.
• Negative Balance Protection – Limits potential losses for retail traders.
• Regular Supervision – Ongoing audits and monitoring by the regulator.

How We Compiled the List of the Best KNF Regulated Forex Brokers

Our selection of the best KNF-regulated Forex brokers is based on a comprehensive and balanced evaluation process:

1. Brokers are assessed using our in-depth Forex broker ranking methodology.
2. We analyze regulatory compliance, trading conditions, available platforms, execution quality, customer support, and overall market reputation.
3. Only brokers that are regulated or officially registered with the Polish Financial Supervision Authority (KNF) are included.

These criteria ensure that the listed brokers meet high European regulatory standards and provide a secure, transparent, and reliable trading environment for Forex traders in Poland.

FAQ

Is Forex trading legal in Poland?

Yes, Forex trading is fully legal in Poland. Traders are allowed to trade Forex and CFDs as long as they use brokers that are regulated or properly registered to operate under Polish and European Union financial laws.

What are the best Forex brokers in Poland?

The best Forex brokers in Poland are those that are regulated by Polish Financial Supervision Authority (KNF) or authorized to operate in Poland under EU passporting rules. These brokers typically offer strong investor protection, transparent pricing, and compliance with MiFID II regulations.

What is KNF?

KNF (Komisja Nadzoru Finansowego) is Poland’s financial regulatory authority. It supervises banks, investment firms, Forex and CFD brokers, insurance companies, and capital markets to ensure financial stability and protect investors.

Who regulates Forex trading in Poland?

Forex trading in Poland is regulated by the Polish Financial Supervision Authority (KNF). KNF oversees licensed brokers and also maintains a register of foreign EU brokers legally offering services to Polish residents.

How does KNF regulation protect Forex traders?

KNF protects Forex traders by enforcing strict rules on broker licensing, capital adequacy, client fund segregation, leverage limits, transparency, and negative balance protection. KNF also monitors brokers through ongoing supervision and compliance checks.

What is the difference between KNF and the National Bank of Poland?

The Polish Financial Supervision Authority (KNF) is Poland’s financial market regulator responsible for supervising Forex brokers, banks, investment firms, and other financial institutions. Its role is to ensure regulatory compliance, investor protection, and market integrity.

The National Bank of Poland (NBP) is Poland’s central bank. It is responsible for monetary policy, currency issuance, price stability, and overseeing the payment system. Unlike KNF, the National Bank of Poland does not regulate Forex brokers or issue trading licenses.

In short, KNF regulates and supervises financial market participants, while the National Bank of Poland manages monetary policy and the country’s financial stability.

Can I trade crypto with KNF-regulated brokers?

Some KNF-regulated or KNF-registered brokers offer crypto-related products, usually in the form of crypto CFDs, not direct cryptocurrency ownership. Availability depends on the broker and its specific license scope.

What is the maximum leverage with KNF?

For retail traders, the maximum leverage allowed under KNF and EU (ESMA/MiFID II) rules is 30:1 for major Forex pairs. Lower leverage limits apply to minor currency pairs, commodities, indices, and cryptocurrencies.