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Regulation & safety

Broker License

By Jarosław Wasiński • Published: • Updated:
Regulatory authorisation for a specified legal entity to carry out specified activities. Verify its status, permissions, website and contact details in the regulator’s own register, including warnings about impersonation. A licence is not a guarantee of returns, and another company under the same brand may have different permissions and protections.
Example.

A site shows a real authorisation number, but its domain and telephone differ from the register. It may impersonate a legitimate firm. Use official-register contact details rather than verifying through an advertising link.

Entity and permissions

Compare legal name, status, number, permitted activities and conditions. Commercial, tax or technology registration is not automatically an investment-services licence. Group companies can have different permissions.

Client country and product

Domestic authorisation does not permit unrestricted worldwide offerings. Check required cross-border notification or permission, client category and instrument. An overseas customer does not automatically remove local restrictions.

Protection and current status

Authorisation guarantees neither profitability nor solvency. Segregation, balance protection and compensation have different scopes. Check warnings and status changes too; record the date and official source.

Primary source checked 11 October 2026: nuk.knf.gov.pl.

FAQ

Is a genuine licence number enough?

No. An impersonator can copy it; match the domain, contacts and contracting entity.

Does every licence cover my CFDs?

No. Permissions have defined activities and products, and local restrictions may also apply.

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Jarosław Wasiński

Editor-in-chief, ForexMechanics.com • Macro & FX analyst

Independent analyst and practitioner with over 20 years of experience in financial markets. Actively involved in Forex since 2007, with a focus on fundamental analysis, OTC market structure, and disciplined capital risk management.

  • Creator and editor-in-chief of MyBank.pl, providing reliable financial education since 2004.
  • Author of hundreds of in-depth market commentaries, structural analyses, and educational materials for traders and investors.
  • Advocate for market transparency, promoting education grounded in hard data and institutional reports (BIS, ESMA, CFTC).

All content is educational and informational only – it does not constitute investment advice or a recommendation. Remember: leveraged trading (Forex/CFD) carries a high risk of rapid capital loss.