We found 11 online brokers that are appropriate for Trading New Zealand Bitcoin Investment Platforms.
New Zealand citizens are becoming increasingly interested in cryptocurrency investments, especially Bitcoin. Following the most recent drop in Bitcoin's value, the country's Financial Markets Authority (FMA) is warning citizens to think before investing in the cryptocurrency. The authorities are warning New Zealanders to be aware of Bitcoin's volatility and the general risky nature of investing in digital currencies.
As you might know, New Zealand does not regulate cryptocurrencies meaning that digital currencies are not legal tender in the country. The government is concerned about the security issues surrounding cryptocurrencies, including hacking attacks, scammers, and fraudsters. Indeed, there is a strong chance of investors losing their funds for crypto trading because of these risks.
The unregulated digital asset's volatile market and process of anonymity has also become the subject of watchdog investigations. However, authorities do also give tips for New Zealand wishing to invest in the cryptocurrency. Bitcoin investors are advised to only use trusted exchange platforms which hold or support New Zealand Dollars (NZD).
New Zealanders can purchase Bitcoin in a number of ways. They are able to use exchange sites, OTC brokerage services, or peer-to-peer trading. Only certain payment methods are available through these methods, including bank transfer (ACH), cards (debit and credit), e-wallets, and so forth. New Zealand investors must also set up a digital wallet from which they can receive and transfer Bitcoin.
Active trading of Bitcoin is not advised to be used new investors, whereas holding Bitcoin might be a better option for them. Investors should protect their Bitcoin holdings as soon as they have been purchased. After a series of hack attacks on crypto exchange platforms, Bitcoin holders need to embrace a tight process of protection on their digital assets. Choosing a credible crypto exchange platform is one of the most essential tasks for any New Zealander who wishes to buy Bitcoin.
There are some factors one should consider when choosing a Bitcoin exchange in New Zealand. Exchanges are not licensed to operate in the country, so you need to research other options before using one to invest your money with.
Crypto exchanges allow different funding methods, so you need to check whether they offer your preferred option. Generally speaking, a bank transfer is the safest way of funding your account, but its processing may take longer than other methods. Funding with credit or debit cards is a more instant transaction but is considerably riskier than bank transfers. Reputable exchanges typically have a wide range of funding options.
You should be aware that Bitcoin exchanges may charge you with several types of fees. These include transaction fees, conversion fees, administration fees, withdrawal fees, and so forth. The payment vendor charges the exchange platform for processing your payment, so it has to charge you these fees back. In addition, exchange platforms make money from withdrawal fees and other services. Generally speaking, in order to profit from trading with Bitcoin, the fees you pay should not total more than two percent of your transactions. Reputable exchanges charge no more than one percent.
Established Bitcoin exchanges typically have an active user base that represents the liquidity of the platform and how easy it is to buy and sell Bitcoin from them. An exchange site will usually offer better liquidity as they serve more users, helping build their reputation. Fortunately, New Zealanders have several options of reputable exchange platforms to choose from when trading Bitcoin.
Even though New Zealand's authorities do not regulate Bitcoin, choosing a regulated exchange platform is highly advisable. The most reputable Bitcoin exchange platforms are typically regulated and possess licenses in different regions. These licenses demonstrate that their operations comply with strict regulations against terrorist funding and money laundering activities.
When it comes to choosing a Bitcoin exchange, it is fundamental that you choose one that offers the best possible ability to sell your Bitcoin. The higher the liquidity of the asset, the easier you can liquidate your Bitcoin from the platform. Check how the platform allows you to sell your Bitcoin, including the speed of transactions and the fees you will have to pay. Major Bitcoin exchanges typically offer higher liquidity, determined by the number of users they serve.
Last but not least, you may also want to consider the range of cryptocurrencies which are available to trade on the platform. After purchasing Bitcoin, you might want to develop your digital portfolio with other cryptocurrencies. Most established trading and exchange sites offer extensive options for trading digital currencies. You are able to trade Bitcoin with other cryptocurrencies or can simply diversify your holdings with contending digital currencies, or even altcoins. If you wish to trade Bitcoin, you should choose an advanced crypto trading platform instead of one with minimum exchange fees. However, if you want to simply create holdings after purchasing Bitcoin, an exchange would be the preferred option.
We have conducted extensive research and analysis on over multiple data points on Bitcoin New Zealand to present you with a comprehensive guide that can help you find the most suitable Bitcoin New Zealand. Below we shortlist what we think are the best New Zealand Bitcoin Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Bitcoin New Zealand.
Selecting a reliable and reputable online New Zealand Bitcoin Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade New Zealand Bitcoin Investment Platforms more confidently.
Selecting the right online New Zealand Bitcoin Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for New Zealand Bitcoin Investment Platforms trading, it's essential to compare the different options available to you. Our New Zealand Bitcoin Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a New Zealand Bitcoin Investment Platforms broker that best suits your needs and preferences for New Zealand Bitcoin Investment Platforms. Our New Zealand Bitcoin Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top New Zealand Bitcoin Investment Platforms.
Compare New Zealand Bitcoin Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a New Zealand Bitcoin Investment Platforms broker, it's crucial to compare several factors to choose the right one for your New Zealand Bitcoin Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are New Zealand Bitcoin Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more New Zealand Bitcoin Investment Platforms that accept New Zealand Bitcoin Investment Platforms clients.
Broker | IC Markets | eToro | XTB | Pepperstone | AvaTrade | EasyMarkets | SpreadEx | FXPro | Plus500 | Admiral | webull |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA) |
Min Deposit | 200 | 100 | No minimum deposit | 200 | 100 | 100 | 1 | 100 | 100 | 200 | 50 |
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Used By | 180,000+ | 30,000,000+ | 1,000,000+ | 400,000+ | 300,000+ | 142,500+ | 10,000+ | 1,866,000+ | 24,000,000+ | 10,000+ | 5,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
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Learn More |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
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Up with plus500 |
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Up with admiralmarkets |
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Up with webull |
Risk Warning | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Your capital is at risk |
Demo |
IC Markets Demo |
eToro Demo |
XTB Demo |
Pepperstone Demo |
AvaTrade Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Plus500 Demo |
Admiral Markets Demo |
Webull Demo |
Excluded Countries | US, IR, CA, NZ, JP | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR | MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO | US, CA, JP, SG, MY, JM, IR, TR | UK, AU, SA, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX |
You can compare New Zealand Bitcoin Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top New Zealand Bitcoin Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top New Zealand Bitcoin Investment Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.