A brief introduction to Poland – Officially known as the Republic of Poland, this united states is located in Central Europe, between Germany to the west, the Czech Republic and Slovakia to the south, Belarus and Ukraine to the east, and to the north the Baltic Sea, and Lithuania. In complete it covers more than 300,000 square kilometers and has a population of more than 38.5 million. It is currently a member of the European Union.
The countrywide forex in Poland is the Zloty, and the value of the currency is greatly influenced by the Euro Zone, which capacity it is currently feeling the outcomes of the global fiscal crisis.
When challenging our research, we observed some very fascinating data we idea we must share with all those looking for the top Forex brokers in Poland. As it ought to prove very enormous to the decision you’re about to make.
July 2015, saw the regulations governing margin necessities changing, limiting leverage to 100:1.

Poland introduces a reduction in leverage to 100:1 – For these of you thinking about trading Forex with a dealer in Poland, this ought to make a difference as to whether you select to continue or appear for some other u . s . in which to base your trading activity. Let’s look at the effect it is presently making.
The Polish Financial Supervision Authority (KNF) spent some time in 2014, searching at the behavior of these concerned in the forex industry. KNF is Poland’s economic regulatory authority and oversees the supervision of banking, capital markets, insurance, pension scheme, and electronic cash institutions. KNF was precipitated to look at foreign exchange trading following a review of client performance in 2013. It was noticed that greater than 81% of Polish forex brokers had been realizing losses in their accounts. Many experts in the industry have been citing excessive leverage as the cause
KNF, in the beginning, recommended capping leverage at 50:1 but changed it to 100:1. The reduction in leverage came into effect in July 2015. Some Forex brokers in Poland are restricting the restriction to clients who stay in Poland, while other foreign brokers with Polish accounts are additionally limiting leverage to 100:1.