FMA Regulated Forex Brokers

Financial Market Authority is the watchdog of New Zealand’s financial market fostering a safe trading environment by closely monitoring market performance. FMA-regulated brokers ensure clients gain fair access to expanding offerings while providing strong protection against any unethical practices nationwide.

FMA Forex Trading Platform

Forex Trading is a fully legal and highly regulated activity in New Zealand, FMA optimizes market performance and ensures a safe trading environment. So Forex Trading Platform offered by FMA Regulated Broker is alligned according to specified criterias:

  • FMA or the Financial Market Authority is in charge of regulating the financial markets in New Zealand.
  • All brokers and trading platforms operating in New Zealand must adhere to robust standards and regulations.
  • For more information read FMA Wikipedia article or read our New Zealand article.
🏦RegulatorFinancial Markets Authority (FMA)
🛡️Is it Safe to Trade with FMA Broker?Yes
📊Max. Leverage500:1
🔒Negative Balance ProtectionYes
💰Compensation SchemeNZ$200,000

FMA Forex Regulation

The main role of the Financial Market Authority is to supervise banks and insurance, as well as other financial market participants including Forex Brokers. The regulatory body oversees the financial markets and provides a confident trading environment to the customers, supporting further trading industry growth.

Check FMA official website – www.fma.govt.nz, also we advise to keep updated on the latest news follow their Twitter – @FMA_NZ.

With a mission to uphold the highest standards of conduct in its financial sector, FMA oversees and guides almost all brokerage companies and trading platforms nationwide. For more information on this key regulator, please see below:

  • New Zealand Forex regulatory body was formed back in 2011. Its main purpose is to control the financial sector properly, putting an end to the formerly formed doubts in regard to New Zealand’s financial sector reputation.
  • FMA, after its formation, also made it one of its priorities to control and regulate forex brokers, by implementing strict laws and rules.
  • Forex brokers under the FMA regulation have to follow certain rules and be responsible for their conduct: Hold at least 1,000,000$ to cover the indemnity and operational responsibilities and provide transparent data and an advanced level of customer protection
  • When brokers do not follow the set rules and regulations, the FMA can impose strict punishments and fines, and in some cases, even ban the broker. This is a big step forward that helps to maintain the forex market possibly clean of frauds and misconduct.
  • Besides, the authority offers negative balance protection and a compensation scheme of NZ$200,000 to protect clients’ funds if the broker goes bankrupt.
  • New Zealand and FMA Brokers are among last ones in the world still allowing high leverage, which makes FMA Brokers quite popular and demanded choice

FMA Review Website

Top 5 Best FMA Regulated Forex Brokers

Our expert team has carefully selected exclusive Top FMA-regulated Brokers with excellent protection standards and optimal trading conditions. Although there’s a limited supply of FMA-regulated options, international alternatives also offer users multiple opportunities for reliable trading experiences.

  • BlackBull Markets – Best Overall FMA Broker 2024
  • IG – Best FMA Broker for Beginners 2024
  • CMC Markets – Best MT4 FMA Broker 2024
  • MultiBank – Best Low Spread FMA Broker 2024
  • TMGM – Best EA Trading FMA Broker 2024

What Does FMA Stand for in Forex?

Financial Market Authority (FMA) is an integral part of New Zealand’s financial sector and a local regulator to ensure transparent legal environment for investors. While FMA provides extensive oversight across all markets including forex trading.

Does the FMA New Zealand Allow High Leverage?

In truth, the FMA New Zealand allows high leverage. In fact, it is one of the few reputable regulators that allows high leverage up to 500:1.

What are the advantages of choosing an FMA-regulated broker?

FMA has implemented stringent regulations to hold Forex brokers accountable for their conduct, besides FMA brokers offer quite attractive trading conditions including high reliability, high leverage and good technology provided, also with no restrictions on trading strategies.

FMA Forex Brokers List

Here’s the full list of Forex Brokers regulated by FMA selected by our experts taking into consideration good conditions and client safety:

Broker Detail
BlackBull Markets logo BlackBull Markets
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, cTrader, BlackBull Trade, Trading View
Regulation: FMA, FSA
1
BlackBull Markets Review
Saxo Bank
Min. Deposit: $5,000
Max. Leverage: 1:30
Trading Platforms: SaxoTraderGo, SaxoTraderPRO
Regulation: DFSA, FCA, ASIC, CBUAE, JFSA, MAS, SFC
2
Saxo Bank Review
Instaforex Review InstaForex
Min. Deposit: 0 $
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5, WebTrader, MobileTrader
Regulation: CySEC, FSC BVI, FSC
3
InstaForex Review
cmc markets_logo CMC Markets
Min. Deposit: 0 GBP
Max. Leverage: 1:30
Trading Platforms: CMC Web, CMC Mobile, MT4
Regulation: FCA, ASIC, FMA, IIROC, MAS, BaFin
4
CMC Markets Review
MultiBank Exchange Group logo MultiBank Exchange Group
Min. Deposit: US$50
Max. Leverage: 1:30 | 1:500
Trading Platforms: Maximus Platform, ECN PRO Platfrom, MultiBank Pro Platfrom, MT4, MT5
Regulation: ASIC, BaFin, CIMA, MAS, SCA, etc.
5
MultiBank Exchange Group Review
IG Markets review IG
Min. Deposit: $0
Max. Leverage: 1:30
Trading Platforms: MT4, IG Proprietary
Regulation: FCA, ASIC, BaFin, FINMA, NFA, MAS, DFSA, FSCA, JFSA, FMA, BMA
IG Review