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
Global GT
Min. Deposit: 5 US$
Max. Leverage: up to 1:1000
Trading Platforms: MT5, WebTrader
Regulation: FSCA, FSA
Global GT Review
Instaforex Review InstaForex
Min. Deposit: 0 $
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, WebTrader, MobileTrader
Regulation: CySEC, FSC BVI
InstaForex Review
Nadex_logo Nadex
Min. Deposit: 0 US$
Max. Leverage: 1:40
Trading Platforms: Nadex Platfrom, NadexGO
Regulation: CFTC
Nadex Review
Robinhood
Min. Deposit: 0 US$
Trading Platforms: Robinhood Platform
Regulation: SEC
Robinhood Review
Skilling logo Skilling
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, cTrader, Skilling Trader
Regulation: CySEC, FSA
Skilling Review
Fortrade Review Fortrade
Min. Deposit: 100 US$
Max. Leverage: 1:30 | 1:400
Trading Platforms: Fortrader Platfrom, MT4
Regulation: FCA, ASIC, IIROC, CySEC, NBRB
Fortrade Review
TopFX
Min. Deposit: 0 US$
Max. Leverage: 1:30
Trading Platforms: MT4, cTrader
Regulation: CySEC, FSA
TopFX Review
GO Markets
Min. Deposit: 200 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, WebTrader
Regulation: ASIC, CySEC
GO Markets Review
Capital.com
Min. Deposit: 20 US$
Max. Leverage: 1:30
Trading Platforms: MT4, Capital.com WebTrader and Mobile App
Regulation: CySEC, FCA, ASIC, NBRB
Capital.com Review
ForexTime FXTM review FXTM
Min. Deposit: US$200
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, MT5, FTXM Trader
Regulation: CySEC,FCA, FSCA
FXTM Review