Forex Brokers in New Zealand


New Zealand is a country with a strong economy and legal regulations. Opening a forex brokerage company in New Zealand requires large funds and clear legality. All forex brokers operating in this English common law user countries must be registered in Financial Markets Authority (FMA) regulator.

Interestingly, forex brokers that only provide trading services for residents outside of NZ don't require to obtain the FMA's permission. Regulation from the New Zealand Financial Service Providers Register (FSPR) is enough. Because of these conditions, many forex brokers make New Zealand their base of operations to expand into Asia-Pacific.

Broker Regulation Max Leverage Min Deposit General Rating
RoboForex
New Zealand
2009
IFSC (Belize) 000138/210
1:2000 $10 Review
CMC Markets
New Zealand
1989
BaFin 154814
FCA (UK), 173730
1:500 $1 Review
AAFX Trading
New Zealand
2004
FSA (St. Vincent & the Grenadines) 22916 IBC
1:2000 $100 Review
Ingot Brokers
New Zealand
2004
ASIC 428015
FSA (St. Vincent & the Grenadines), 24172
FSP (New Zealand), FSP157304
1:400 $100 Review
Velocity Trade
New Zealand
1999
AFM (Netherlands) 29.05.2020
ASIC, 329813
FCA (UK), 497263
Financial Dispute Resolution (NZ), FM0279
FMA (New Zealand), FSP20003
FSCA (South Africa), 43295
ESMA
1:200 $1000 Review
PFD
New Zealand
1999
FMA (New Zealand) FSP28944
1:300 $1 Review
Milton Markets
New Zealand
2014
Vanuatu Financial Services Commission 40370
1:1000 $300 Review
Land-FX
New Zealand
2013
FCA (UK) 709866
FSP (New Zealand), FSP264385
1:500 $300 Review
Circle Markets
New Zealand
2016
FSCL (New Zealand) 6584
FSP (New Zealand), FSP460986
Ministry of Finance and Economic Management (Vanuatu), 40389
1:500 $50 Review
Equiti Global Markets
New Zealand
2007
DMCC (Dubai) 31573
Dubai Gold and Commodities Exchange, 31573
FCA (UK), 528328
SCA (UAE), 607136
1:500 $500 Review
TurboForex
New Zealand
2010
FSP (New Zealand) 332266
1:500 $250 Review
BlackBull Markets
New Zealand
2014
FCA (UK), 9556804
FMA (New Zealand), FSP403326
FSA (Seychelles), BBG Limited
1:500 $200 Review
Axi
New Zealand
2007
ASIC, 318232
DFSA (Dubai) 2758
FCA (UK), 509746
FSCL (New Zealand), FSP518226
1:400 $1 Review
HFTrading
New Zealand
2019
ASIC, 414198
FSP (New Zealand), FSP197465
1:400 $300 Review
TMGM
New Zealand
2013
ASIC, 436416
FSP (New Zealand), 569807
Vanuatu Financial Services Commission, 40356
1:500 $100 Review



If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.




FAQ

What is the best forex broker in New Zealand?

Finding the best forex broker in New Zealand is not much different from choosing the right broker in general. Aside from making sure that the forex broker is available for client registration from New Zealand, you need to check its regulation, minimum deposit, spread, leverage, payment methods, and other trading-related aspects that may affect your strategy. Furthermore, make sure that the broker has a good credibility and reliable customer support.


Where can I trade forex in New Zealand?

The list in this page can be a good reference if you look to trade with in New Zealand. We have sorted specific forex brokers that accept clients from New Zealand, so you can choose one of the brokers by comparing their minimum deposit, regulation, leverage, and rating. If you are interested to learn further about a certain broker, feel free to click the review button.


What is the best forex broker for beginners?

If you are a beginner and looking for the right broker to trade with in New Zealand, some aspects that you need to pay attention to are the low minimum deposit, demo account , and educational features. Apart from that, it's also better to make sure that the broker has good customer service because as a beginner, you may need to consult about broker services that still seem incomprehensible to you.

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