Brokers With PLN Accounts

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James Barra
James is an investment writer with a background in financial services. As a former management consultant, he has worked on major operational transformation programmes at prominent European banks. James authors, edits and fact-checks content for a series of investing websites.
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Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
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William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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Brokers with PLN accounts allow traders to manage their portfolios with the Polish zloty as the base currency. Born from a relatively small economy, the Polish zloty is not as commonly traded as the US dollar or euro, however, PLN accounts do offer advantages for Polish investors.

This article will cover the benefits, the history of the currency and list the best brokers with PLN accounts in 2024.

Brokers With PLN Accounts

These are the 2 best brokers that offer accounts with PLN as the base currency:

Click a broker for details
  1. 1
    FOREX.com
    Active Trader Program With A 15% Reduction In Costs

    Ratings
    4.9 / 5
    4 / 5
    4.3 / 5
    4.6 / 5
    4.6 / 5
    4.3 / 5
    4.8 / 5
    4.5 / 5
    3.6 / 5
    3.8 / 5

    $100
    0.01 Lots
    1:50
    NFA, CFTC
    Forex, Stocks, Futures, Futures Options
    MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
    Wire Transfer, Credit Card, Debit Card, Visa, Mastercard, Skrill, Neteller, ACH Transfer
    USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN
  2. 2
    Zacks Trade

    Ratings
    3.5 / 5
    3 / 5
    3 / 5
    3.5 / 5
    3.8 / 5
    3.5 / 5
    3.9 / 5
    1 / 5
    0 / 5
    0 / 5

    $2500
    $3
    FINRA
    Stocks, ETFs, Cryptos, Options, Bonds
    Own
    Wire Transfer, ACH Transfer, Cheque
    USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, RUB, PLN, CZK, HUF

This is why we think these brokers are the best in this category:

  1. FOREX.com - Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
  2. Zacks Trade - Zacks Trade is a FINRA-regulated US broker offering trading on stocks, ETFs, cryptocurrencies, bonds and more through a proprietary terminal. The broker is geared toward active traders and offers very affordable fees on most assets as well as an app and a vast amount of market data.

Brokers With PLN Accounts Comparison

Brokers With PLN Accounts Comparison
Broker Minimum Deposit Instruments Platforms
FOREX.com logo
$100 Forex, Stocks, Futures, Futures Options MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
Zacks Trade logo
$2500 Stocks, ETFs, Cryptos, Options, Bonds Own

FOREX.com

"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."

Christian Harris, Reviewer

FOREX.com Quick Facts

Bonus OfferActive Trader Program With A 15% Reduction In Costs
Demo AccountYes
InstrumentsForex, Stocks, Futures, Futures Options
RegulatorNFA, CFTC
PlatformsMT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
Minimum Deposit$100
Minimum Trade0.01 Lots
Leverage1:50
Account CurrenciesUSD, EUR, GBP, CAD, AUD, JPY, CHF, PLN

Pros

  • The in-house Web Trader continues to shine as one of the best-designed platforms for aspiring day traders with a slick design and over 80 technical indicators for market analysis.
  • FOREX.com offers industry-leading forex pricing starting from 0.0 pips, alongside competitive cashback rebates of up to 15% for serious day traders.
  • With over 20 years of experience, excellent regulatory oversight, and multiple accolades including runner-up in our 'Best Forex Broker' awards, FOREX.com boasts a global reputation as a trusted brokerage.

Cons

  • Funding options are limited compared to leading alternatives like IC Markets and don’t include many popular e-wallets, notably UnionPay and POLi.
  • There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.
  • Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.

Zacks Trade

"Zacks Trade will suit active day traders with experience using powerful platforms. Fees and margin rates are low while the market research is excellent."

Tobias Robinson, Reviewer

Zacks Trade Quick Facts

Demo AccountYes
InstrumentsStocks, ETFs, Cryptos, Options, Bonds
RegulatorFINRA
PlatformsOwn
Minimum Deposit$2500
Minimum Trade$3
Account CurrenciesUSD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, RUB, PLN, CZK, HUF

Pros

  • Comprehensive research and data
  • 20+ account denominations
  • Customizable proprietary trading platform and mobile app

Cons

  • No forex, commodities or futures trading
  • No MT4 or MT5 platform integration
  • High minimum requirement of $2,500

What Is A PLN Account?

A PLN account means you can deposit, hold, and trade in Polish zloty. This is known as an account base currency. All profits, losses, commissions, fees and account management takes place in the selected money which can be selected at the sign-up stage.

It is worth noting that you do not necessarily have to deposit in your base currency. For example, a USD deposit to a PLN account will be converted to Polish zloty at the current exchange rate.

Note, you may need to open a new account to change the base currency.

PLN Currency Explained

The Polish zloty (PLN) is the official currency of Poland. The currency has a long history dating back to 1919 although it was not circulated in the country until 1924.

The monetary policy of Poland is directed by the Narodowy Bank Polski (NBP), the central bank. Responsibilities of the NBP include price stability through the release of coins and notes.

Importantly, Poland’s acceptance into the EU in 2004 required the implementation of the Euro. Yet conversion to the currency has not been executed.

The typical exchange rate of the currency floats between three to four PLN to one USD.

Benefits Of Brokers With PLN Accounts

How To Check A Broker Offers A PLN Account

It may not be clear at first glance if a broker offers a PLN account. However, most brokerages provide details on account denominations on their registration page.

Alternatively, you can check the payments area for details of accepted currencies by deposit method. Remember, exchange rate charges may apply if accounts aren’t available in a registered currency.

If information is still unavailable, it could be worth contacting the broker’s customer support team. Note, live chat often provides the quickest response times.

Comparing Brokers With PLN Accounts

Brokers with PLN accounts are ideal for investors who actively trade the Polish zloty or for those based in Poland. However, choosing between providers can be time-consuming, so we have summarised the key considerations below:

Final Word On PLN Trading Accounts

Brokers with PLN trading accounts are ideal traders in Poland, as well as international investors looking to actively trade the currency. It is certainly not a common base currency vs the USD, GBP or EUR, but you can still find top-rated and reliable brands.

See our list of the top PLN brokers to start trading today.

FAQs

Which Brokers Offer PLN Trading Accounts?

Several leading brokers offer PLN as a live account base currency. These include XM, CMC Markets and FxPro.

Can Anyone Open A PLN Trading Account?

Yes, typically all traders can open a PLN account. With that said, it is best to check eligibility for your country of residence before opening a live account. A currency conversion may also be required if the base currency is not your local fiat money.

How Can I Choose Between Brokers With PLN Trading Accounts?

There are many considerations when choosing between online brokers. Your personal preferences and requirements may play a part, but key factors to compare include asset access, platforms, regulatory status, mobile applications and fees.

Why Use Brokers With PLN Trading Accounts?

Registering with a broker that offers a PLN account has several benefits, particularly for Polish traders or those actively trading the currency. This includes straightforward access to financial markets and assets, no costly conversion fees and the utilisation of local funding methods.

Where Can I See If A Broker Offers A PLN Account?

This information is often published within the account details webpage or the deposits and withdrawals section of your broker’s site. It is also typically listed as a drop-down during account registration. If you cannot find any details, contact the broker’s customer support.