Trade with zł pairs
Join those who have already recognized the best trading conditions
or try a FREE Demo Account
MARGIN TRADING INVOLVES SIGNIFICANT RISK TO YOUR INVESTED CAPITAL
Polish Zloty is the official currency of Poland. The currency code for the Polish Zloty is PLN, symbolized by zł. Each zloty is made up of 100 minor units called groszy. The zloty dates back to the Middle Ages. However, during the early 1990's following a re-domination of the old zloty due to inflation, a new zloty was introduced. The banknotes in current circulation are in 500, 200, 100, 50, 20 and 10 zloty denominations and coins come in 5, 2 and 1 Zloty, and 50, 20, 10, 5, 2 and 1 Groszy units.
Poland's economy has benefitted from a liberal regulation policy on developing new business and the privatization of small and medium state-owned enterprises.The most popular exchange rate involving the currency is the British pound to zloty. The National Bank of Poland issues and distributes coins and banknotes on the territory of Poland. There has been a modernization of its currency to include all the latest in security measures as a measure to eliminate counterfeits. Poland has maintained a floating exchange rate mechanism and has seen some fluctuations over the last few years. Since entering the European Union, the decision as to whether Poland will adopt the euro as its national currency has been the center of an on-going debate.
RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.
TRADE RESPONSIBLY: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.
ADVISORY WARNING: In case TTCM CY provide references and links to selected blogs and other sources of economic and market information as an educational service to its clients and/or prospects, opinions or recommendations of the blogs or other sources of information are not endorsed. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and it is advisable for the clients to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice.
LICENCES AND AUTHORISATIONS
TTCM Traders Trust Capital Markets Limited (herein "TTCM CY") is a Cyprus Investment Firm incorporated under the laws of Cyprus, has its principal place of business at 3 Thalia Street, Office Number 310-318, 3rd Floor, 3011, Limassol, Cyprus and is registered with the Registrar of Companies in Nicosia under the number: HE 250591. TTCM Traders Trust Capital Markets Limited is regulated as a Cyprus Investment Firm (‘CIF’) by the Cyprus Securities and Exchange Commission (‘CySEC’) under the license number 107/09 and operates in accordance with the Markets in Financial Instruments Directive II (‘MiFID II’) of the European Union.
RESTRICTED REGIONS: The information on this website is not directed on residents of certain jurisdictions/countries including but not limited to Australia, New Zealand, Canada, Iran, Iraq, North Korea, Japan, USA, Cuba, Syria, Sudan, Afghanistan, Guyana, Lao People’s Democratic Republic, Uganda, Yemen, Venezuela and Puerto Rico or to any jurisdiction where such distribution would be contrary to local and european laws and regulations.