Looking for Forex broker New Zealand? Not sure if it is truly regulated in New Zealand by FMA? Or need to select NZ Forex Brokers suitable for your trading needs?
We provide answers to all above question and more in this article. We research and compare over 20 NZ Brokers and verify its regulation status and licenses, trading costs like spread, funding conditions, trading platforms and more.
NZ Forex Brokers & FMA Regulation
New Zealand Forex Brokers must obtain a license and be registered financial service provider. The New Zealand regulation is performed byFMA (Financial Markets Authority) that operates according to international standards and is among well-rounded authorities with good controls and customer protection, read more about FMA Wikipedia.
To verify license and broker record, also to check recent updates go to FMA Website: www.fma.govt.nz , also follow Twitter for latest warnings @FMAmedia
Best Forex brokers in New Zealand
To select the best Online Forex Brokers we research and compare Forex Brokers New Zealand with FMA license, made detailed review of spread and commission, trading platform, deposits and withdrawals conditions, education and customer service. Here is our List of Top Forex Brokers Review and Best Forex Brokers in the category:
- IG – Best Broker for Beginners in New Zealand
- Plus500 – Best CFDs Broker NZ
- Hantec Markets – Best MT4 Broker New Zealand
- BlackBull Markets – Best high leverage Forex Broker in New Zealand
- CMC Markets – Best Forex Trading App in New Zealand
What makes a good forex broker NZ?
4 points makes a good NZ Forex Broker including license and good reputation, trading conditions, education and research tools, and customer service.
- Must be licensed by New Zealand regulatory body FMA or be reputable well-regulated broker that accept NZ clients (like some UK Forex Brokers and Forex Brokers Australia)
- Offering good trading conditions with low spread, good range of trading instruments and platforms
- Provide education with Webinars, trading videos and research
- Easy to reach and communicate Customer Support
List of Forex Brokers in New Zealand & Review
Here we narrow the list of over 20 Top Forex Brokers and Largest Forex Brokers to the Best Picks and compare Forex brokers according to selected criteria. If you don’t know from where to start see this list of Best Regulated Online Forex Trading Brokers in New Zealand:
| Forex Broker | FMA Regulated | Why they are our top picks | Our Review |
| IG | Yes | IG is great for all beginning traders. IG stands on strong background and is publically traded company (while most brokers are just brokers), the offering is very large with competitive trading conditions, great education section with webinars and courses plus with low costs. | Visit IG site IG Review |
| Plus500 | Yes | Plus500 might be you choice if looking for CFDs trading environment, Plus500 is one of the best for CFDs range trading offering. Various assets and instruments also with easy to use app Plus500. | Visit Plus500 site Plus500 review |
| Hantec Markets | Yes | Looking for good MT4 platform with extra tool, check Hantec Markets. Powerful research and tools like free VPS, Autochartics and one-click trading also great proposal Hantec Markets developed overall, also being one of very reputable Forex Brokers. | Visit Hantec Markets site Hantec Markets Review |
| BlackBull Markets | Yes | Looking for high leverage up to 1:500 BlackBull should be your choice. Beside to high leverage ratios, which is quite unique now for regulated broker to offer, there is range of platforms to choose from including MT4, MT5 and copy trading ZUluTrade or myfxbook | Visit BlackBull Markets site BlackBull Markets Review |
| CMC Markets | Yes | CMC Markets might be the best fit if you are looking for a great trading App and Web platform. CMC Markets offers iOS and Android versions with great tools, alerts and notification also has good range of Currency pairs. | Visit CMC Markets site CMC Markets review |
| Interactive Brokers | No | InteractiveBrokers Forex should be the best for professional traders and day traders. IB has great proprietary software with powerful analysis and one of the largest industry instruments proposal plus to low costs. | Visit InteractiveBrokers site Interactive Brokers Review |
| Tickmill | No | Tickmill might be good for VIP accounts traders, PRO account has low fees 0.2 for EUR USD plus 2$ per side, also great execution and trading tools. | Visit Tickmill site Tickmill review |
More on New Zealand Brokers
To get started with New Zealand recommended brokers it is better to narrow your selection with categories and compare Forex Brokers via the Broker Reviews, also we answered some of the common questions.
No Deposit Forex Brokers New Zealand
None of FMA and New Zealand brokers offering No deposit bonuses. You can check More on New Zealand Brokers international proposal that offers 30$ no deposit bonus.
Forex MT4 Brokers NZ
Many reputable Forex Brokers offering MetaTrader4 platfrom since it is the most popular platform worldide. However, MT4 is different in each broker since the company decides to enhance MT4 or not. You can check out Hantec Markets MT4.
ECN Forex Brokers New Zealand
ECN Forex Brokers offering ECN trading environment and ECN accounts where fees are interbank spread plus commission and orders are connected to the market via bridges technology. True ECN environment providing Pepperstone.
Forex Options Brokers in New Zealand
Forex options or Binary Options are restricted and are not allowed to be offered due to high risks and lack of transparency involved. None of regulated in New Zealand brokers offers it, and we do not recommend signing with any offshore brokers for the same reason of low trust.
Author of this review
By Jimmy O'Brien
Author of this review
Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.
Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.