Top Fma Brokers for 2021

We found 6 online brokers that are appropriate for Trading Fma.

Best Fma Brokers Guide

FMA Brokers

Traders looking to invest in the New Zealand financial markets should deal with only FMA brokers as they are well regulated and transparency is maintained.

FMA brokers are highly professional and act in the interest of clients.

FMA is an abbreviation of the Financial Markets Authority.

The FMA regulates the New Zealand capital and financial markets under the 2013 FMC Act.

It oversees the activities of FMA brokers, building confidence among traders to invest in the financial markets of New Zealand.

The independent agency was founded in 2011 and prior to it the market was regulated by the Securities Commission of New Zealand.

The shift was due to poor market performance, failure of finance companies and undermined public confidence.

In 2008 New Zealand faced a major economic downturn.

It was a part of the global crisis. The economy deteriorated drastically due to several destabilizing economic factors like weaker trading, local drought, poor production conditions and also the global financial crisis.

New Zealand's economy started reviving in 2010 but the growth was just modest.

To rebuild confidence among traders FMA was formed and its regulatory framework was further strengthened after 2013 when the Financial Markets Conduct Act was passed.

FMA Objectives

The Strategic Risk Outlook 2017 identifies below mentioned objectives of FMA:

The risk management framework of FMA is reviewed from time to time by the leadership team. The process is overseen by the Audit and Risk Committee.

As a whole, all these lead to good regulation of FMA brokers, transparent financial market and safety of investors.

FMA and Trading Industry

The FMC Act covers debt securities, equity securities, derivatives and other financial products.

All the CFD and Forex brokers operate under its legislation and need to get an FMA license.

The licensing process is not easy and the applicants need to meet certain strict requirements.

Why deal with FMA Brokers

The most important advantage of why to deal only with FMA brokers in New Zealand is their stringent standards regulated by the agency.

The safety of clients is a priority. They keep the deal transparent and help traders to invest in New Zealand with confidence.

All the FMA brokers are asked to follow sound business practices. Penalties are applied if the practice is not followed.

Broker licenses may be frozen or withdrawn if they fail to comply. If brokers are applying for registration without abiding by it, they may not be granted a license.

In brief, the FMA provides peace of mind and confidence among the investors. Hence, dealing with unregulated brokers means deprived of all these.

FMA Brokers Verdict

In recent years several regulatory reforms have taken place in New Zealand and one of those is the establishment of a regulatory body.

FMA was founded in 2011 and since then the country’s financial market has grown several fold. Traders feel comfortable dealing with FMA brokers while investing money in financial products.

We've collected thousands of datapoints and written a guide to help you find the best Fma Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best fma brokers below. You can go straight to the broker list here.

Reputable Fma Brokers Checklist

There are a number of important factors to consider when picking an online Fma trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Fma Brokers.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Fma Brokers of 2021 compared

Here are the top Fma Brokers.

Compare Fma Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are fma brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more fma brokers that accept fma clients

Broker Plus500 IG ThinkMarkets CMC Markets BFNM Direct FX Limited
Rating
Regulation 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 Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Markets In Financial Instruments Directive (MiFID), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF Global Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835) Financial Conduct Authority (FCA) Australian Securities and Investments Commission (ASIC) Unregulated
Min Deposit 100 200 No minimum deposit 200 50 1
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 15,500+ 239,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Low min deposit
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Managed account
  • Demo account
  • Micro account
  • Standard account
  • Managed account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Binary, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
plus500
Sign Up with
ig
Sign Up with
thinkmarkets
Sign Up with
cmcmarkets
Sign Up with
bostonmerchantfinancial
Sign Up with
directfxlimited
Risk Warning 76.4% 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. Spread bets and 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 spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits
Demo Plus500
Demo
IG
Demo
ThinkMarkets
Demo
CMC Markets
Demo
Boston Merchant Financial
Demo
Direct FX Limited
Demo
Excluded Countries MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE US, BE, FR, IN, IL, PL, ZW AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW US US

All Fma brokers in more detail

You can compare Fma Brokers 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 Fma Brokers for 2021 article further below. You can see it now by clicking here

We have listed top Fma brokers below.

Fma Brokers List

Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 76.4% 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. Plus500 offers CFDs


Plus500 offer a 100% Free and Unlimited Demo account 0 Commissions Tight Spreads

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by 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
IG
(3/5)
Min deposit : 200
IG was established in 1974 and is used by over 239000+ traders. Spread bets and 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 spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. IG offers Forex, CFDs, Spread Betting, Share dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
ThinkMarkets
(4/5)
Min deposit : 0
ThinkMarkets was established in 2010 and is used by over 10000+ traders. Losses can exceed deposits ThinkMarkets offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Markets In Financial Instruments Directive (MiFID), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF Global Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835)
CMC Markets
(3/5)
Min deposit : 200
CMC Markets was established in 1989 and is used by over 10000+ traders. Losses can exceed deposits CMC Markets offers Forex, CFDs, Spread Betting, Binary Options

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Binary, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
BFNM
(3/5)
Min deposit : 50
Boston Merchant Financial was established in 1988 and is used by over 10000+ traders. Losses can exceed deposits Boston Merchant Financial offers Forex

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC)
Direct FX Limited
(0/5)
Min deposit : 1
Direct FX Limited was established in 2006 and is used by over 10000+ traders. Losses can exceed deposits Direct FX Limited offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account