If you live in New Zealand or want to trade with New Zealand forex broker, the list with the best forex brokers in New Zealand below is for you. The regulation in the country if good for trading forex and you could receive leverage even 500:1. The regulator in New Zealand is FMA (The New Zealand Financial Markets Authority). You could see the registration number on the site of the forex broker and if you want to check it, you could do it at www.fma.govt.nz.
In the list below you could see the best Forex and CFD brokers in New Zealand regulated from FMA (The New Zealand Financial Markets Authority) of regulated outside to New Zealand but accept the clients from New Zealand.
Broker | Description | Pros | Cons | Rating | Go |
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Plus500 | Plus500 was founded in 2008 in Israel. The company offers various CFDs based on Forex, Indices, Commodities, Shares, and ETFs. Plus500UK Ltd is authorized & regulated by the FCA (#509909), Plus500CY Ltd is authorized & regulated by CySEC (#250/14), Plus500SG Pte Ltd is licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018). The company attracts clients with the proprietary developed platform. |
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Full Review | |
Pepperstone | Pepperstone is one of the largest forex brokers and it was founded in 2010. The main advantages of the broker are low spreads, fast execution, and high-level support. Pepperstone offers three platforms – Meta Trader 4, Meta Trader 5 and C Trader. The company is regulated by Financial Conduct Authority (FCA) in the United Kingdom. |
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Full Review | |
XTB | XTB was founded in 2002 in Warsaw, Poland. The company is in the forex business for more than 15 years with offices in over 13 countries. XTB offers 48 forex instruments over 20 indices, commodities, ETFs and crypto. The company offers two platforms - xStation 5 and Meta Trader 4. Financial Conduct Authority (FSA) United Kingdom KNF and CMB regulate XTB. |
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If you are a trader from New Zealand, you have a lot of options to choose between. In New Zealand, you could benefit from higher leverage compared with the other top jurisdictions for trading forex. The brokers also provide a big amount of trading instruments in different types of platforms.
Forex Broker | Min deposit | Leverage | Deposit method | Platforms | Spread | Swaps | Support |
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Pepperstone Visit |
200 AUD | 1:30 |
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Plus500 Visit |
100 USD | 1:30 |
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XTB Visit |
250 USD | 1:30 |
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XM Visit |
300 USD | 1:30 |
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You could choose between proprietary developed platforms with a fancy view and the most common forex platform - MetaTrader4 and MetaTrader5.
If you are a fan of algorithmic trading, probably your choice will be MetaTrader. Otherwise, you could find different features in every one of the platforms of the forex brokers. Please read our reviews and base on what is important for you to choose this one that fits you the best.
As we already mention the regulation in New Zealand allows high leverage. Leverage 500:1 of even more are typical for the forex brokers from New Zealand.
The list of trading instruments through different forex brokers included CFDs based on forex, stock indices, commodities, cryptocurrencies, ETFs, single stock CFDs and other. Depend of what you are searching for, you could check in the single forex brokers reviews, which one is most suitable for you.
The forex brokers regulated by FMA (The New Zealand Financial Markets Authority) provide good protection of your funds. The deposit and withdrawal methods are diversified. The spreads are low and very competitive.
Miroslav Georgiev is Senior Risk Executive with 20+ years of professional wide-ranging experience in multinational forex companies. Take part in Global setup and development of Forex and CFD being an active part of the Business Team. Build and manage Risk management departments and teams.
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