Trading foreign currencies is a popular pastime in New Zealand, with the Financial Markets Authority as its watchdog. For any broker to be allowed to accept FX or CFD traders as customers they must first receive approval from this trusted regulator.
Finding the right broker can be tricky in NZ, so we’ve created a comprehensive guide to investing in New Zealand. We surveyed NZ forex brokers from all over, giving you an insight into who has top-notch credentials – perfect for finding your ideal partner!
Disclaimer: A number of forex brokers on this page are not regulated by the FMA, like ActivTrades, and have earned the trust of top-tier regulatory bodies such as FCA (UK), providing peace of mind for investors that their investments are secure.
ActivTrades has gained a reputation for excellence since 2001, providing traders in New Zealand with access to an expansive selection of financial instruments and unbeatable trading terms. Earning multiple awards alongside regulatory approval from numerous authorities, like UK and Luxembourg, this financial company ensures customers benefit from tight spreads, minimal fees and fast executions – resulting in one of the best possible experiences on the market today.
We tested and rated all those online brokers according to the following ranking criteria:
Broker Confidence Score (BCS): The financial reputation of the company including the Financial Markets Authority (FMA) regulation in New Zealand, negative balance protection, deposit held, year founded,…
Trading platforms and tools: Trading platform (Metatrader, web-based and mobile), chart tools, VPS service,…
Instruments: All assets available for trading.
Trading conditions: Here we include the average spreads for the most popular currency pairs, minimum leverage and execution speed.
Trading Accounts: Type of accounts offered by the broker ( standard, demo, micro, Islamic,..).
Other features: minimum deposit, education tools, promotions, customer support and deposit/withdrawal options.
