Forex Brokers in New Zealand

New Zealand is among the highest rated countries is well-placed with its creditworthiness supported by a developed, unrestrictive business environment and world-class orientated governance.

Historically New Zealand as a trading country formed its Forex regulation back in 2011, read Wikipedia.

  • While the New Zealand trading history started with agricultural products, with new initiatives it has grown into a financial services powerhouse in the Pacific region with regulations that add on support to the industry.
  • However, after the number of issues that appeared due to a lack in brokerage operation supervision, New Zealand’s authority established even three regulating bodies that are divided by various methods of influence.

Regulated Forex Trading in New Zealand

In order to perform legal trading and offer protective investment opportunities, the company should be a registered financial service provider, meaning to obtain a necessary license before it starts its operation.

  • Firstly the firm should comply with all settled rules by main authority FMA (Financial Markets Authority) that operates according to the international standards, FMA Website: www.fma.govt.nz
  • Then, the broker should be registered with FSPR (Financial Service Providers Register), while the complaints or claims of both traders and brokers can be filled with FSCL agency or Financial Services Complaints, that handles complaints of all brokers based in New Zealand.

New Zealand established quite a good standard and control market proposals on a good level, in reverse giving extra layers of protection to the traders. We would also recommend following the Twitter account and so to stay updated with all the recent news and warnings @FMAmedia

New Zealand FMA website

Best Forex Brokers in New Zealand

Below you will find a listing of the Best Reviewed Brokers, also regulated and considered safe, while the list created according to the specified criteria and its Trust Scores. Besides, New Zealand Forex Brokers are now popular since New Zealand is remaining almost the last country allowing high leverage up to 1:500.

  • BDSwiss – Best Overall Broker in New Zealand 2022
  • BlackBull Markets – Lowest Spread Broker in New Zealand 2022
  • FP Markets – Best MT4 Broker in New Zealand 2022
  • Pepperstone – Best Broker for Beginners in New Zealand 2022
  • HFM – Best for Scalping and EA Trading 2022

What is Best time to Trade Forex in New Zealand?

Forex trading is available around the clock due to time differences in major financial centers, thus is more a question which instrument you wish to trade, since trading volumes alike for EURUSD popular pair are higher upon Europen and US market opening.

New Zealand Forex Brokers List

These are the regulated brokers that accept clients from New Zealand:

Broker Detail
HFM
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA, FSA
1
HFM Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
2
BlackBull Markets Review
FPM logo FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC
3
FP Markets Review
Pepperstone Review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5, cTrader, TradingView
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
4
Pepperstone Review
BDSwiss Review BDSwiss
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and App
Regulation: FSC, FSA
5
BDSwiss Review
Axiory
Min. Deposit: 10 US$
Max. Leverage: 1:777
Trading Platforms: MT4, MT5, cTrader
Regulation: FSC, FSC
Axiory Review
FBS
Min. Deposit: 1 USD
Max. Leverage: 1:3000
Trading Platforms: MT4, MT5, FBS trader
Regulation: CySEC, FSC, FSCA, ASIC
FBS Review
Eightcap
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, TradingView
Regulation: ASIC, SCB, FCA, CySEC
Eightcap Review
Orbex Review Orbex
Min. Deposit: 100 US
Max. Leverage: 1:500
Trading Platforms: MT4
Regulation: MFSC
Orbex Review
IC Markets
Min. Deposit: 200 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: cTrader, MT4, MT5
Regulation: ASIC, CySEC, FSA
IC Markets Review