Methodology v1
KNF
A
KNF
Tier 2

Polish Financial Supervision Authority

(KNF)
AgovernmentForex Supervised
Poland
Warsaw
Est. 2006
0 licensed entities
2,000 firms
Max 1:30

Regulatory Snapshot

Enforcement3/5
Transparency3/5
Protection4/5
Complaints3/5
Strictness3/5
Overall3.2/5
Neg. Balance Protection
Segregated Accounts
Min. Capital€730,000
Description

The Polish Financial Supervision Authority (Komisja Nadzoru Finansowego) is the integrated financial regulatory authority in Poland responsible for overseeing banking, capital markets, insurance, and pension funds. Established in 2006, the KNF enforces EU-harmonised regulatory standards and supervises one of Central Europe's largest and most active financial markets.

Key Regulations
Act on Trading in Financial InstrumentsAct on Capital Market SupervisionMiFID II / MiFIR
Regulatory Scorecard
Enforcement Power3/5
Transparency3/5
Investor Protection4/5
Complaint Resolution3/5
Licensing Strictness3/5
Overall Average3.2/5
Investor Protection
  • National Deposit Insurance Fund (Krajowy System Rekompensat) — up to €20,000
  • Full MiFID II compliance with EU passporting rights
  • Mandatory segregation of client funds
  • Negative balance protection for retail clients
Licensing Requirements
Minimum Capital€730,000
Audit FrequencyAnnual
Reporting FrequencyQuarterly
License Timeframe6-12 months
Segregated Accounts
Negative Balance Protection
Professional Indemnity Insurance
Leverage Limits by Instrument
InstrumentRetailProfessional
Major Forex1:301:500
Minor Forex1:201:400
Gold1:201:400
Indices1:201:400
Shares CFDs1:51:200
Crypto1:21:50
Jurisdiction Coverage
Primary Jurisdiction: Poland

Passporting Regions

European Economic Area

Restricted Countries

IranNorth KoreaSyria

Poland is one of the largest forex trading markets in Europe by retail trader volume.

Dispute Resolution

Body: Financial Ombudsman (Rzecznik Finansowy)

Visit Dispute Resolution

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