Top Fsa Brokers for 2024

We found 9 online brokers that are appropriate for Trading Fsa.

Best Fsa Brokers Guide

Analysis by Andrew Blumer, Updated Last updated - March 17, 2024

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 have conducted extensive research and analysis on over multiple data points on Fsa Brokers to present you with a comprehensive guide that can help you find the most suitable Fsa Brokers. Below we shortlist what we think are the best fsa brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Fsa Brokers.

Reputable Fsa Brokers Checklist

Selecting a reliable and reputable online Fsa 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 Fsa more confidently.

Selecting the right online Fsa 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.

Compare Key Features of Fsa Brokers in Our Brokerage Comparison Table

When choosing a broker for fsa trading, it's essential to compare the different options available to you. Our fsa 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 fsa broker that best suits your needs and preferences for fsa. Our fsa broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Fsa Brokers of 2024 compared

Here are the top Fsa Brokers.

Compare fsa brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a fsa broker, it's crucial to compare several factors to choose the right one for your fsa needs. Our comparison tool allows you to compare the essential features side by side.

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

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

Broker XTB XM AvaTrade ThinkMarkets IG CMC Markets ovalx BFNM Direct FX Limited
Rating
Regulation 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 Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) 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 Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), 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 License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA) Australian Securities and Investments Commission (ASIC) Unregulated
Min Deposit No minimum deposit 5 100 No minimum deposit No minimum deposit 200 100 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
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 935,000+ 10,000,000+ 300,000+ 500,000+ 239,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Low min deposit
Accounts
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Demo account
  • Mini account
  • Standard account
  • Managed account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Demo account
  • Micro account
  • Standard account
  • Managed account
  • Islamic account
Platforms MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps Web Trader, Binary, Tablet & Mobile apps MT4, Mac, Mirror 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
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
xtb
Sign Up with
xm
Sign Up with
avatrade
Sign Up with
thinkmarkets
Sign Up with
ig
Sign Up with
cmcmarkets
Sign Up with
ovalx
Sign Up with
bostonmerchantfinancial
Sign Up with
directfxlimited
Risk Warning 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. 71% of retail investor accounts lose money when trading CFDs with this provider CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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 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 XTB
Demo
XM
Demo
AvaTrade
Demo
ThinkMarkets
Demo
IG
Demo
CMC Markets
Demo
Ovalx
Demo
Boston Merchant Financial
Demo
Direct FX Limited
Demo
Excluded Countries US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, IR BE, BR, KP, NZ, TR, US, CA, SG RU, 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, BE, FR, IN, IL, PL, ZW US US, BE, CA , SG, BE US


All Fsa brokers in more detail

You can compare Fsa 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 Fsa Brokers for 2024 article further below. You can see it now by clicking here

We have listed top Fsa brokers below.

Fsa Brokers List

XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 935000+ traders. 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies 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 ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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
ThinkMarkets
(3/5)
Min deposit : 0
ThinkMarkets was established in 2010 and is used by over 500000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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 ThinkMarkets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), 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 License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec)
IG
(2/5)
Min deposit : 0
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 ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
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 ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
ovalx
(3/5)
Min deposit : 100
Ovalx was established in 2002 and is used by over 10000+ traders. Losses can exceed deposits Ovalx offers Forex, CFDs, Spread Betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN 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 ECN 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 ECN account
Islamic account VIP account

Learn more Learn more about XTB.
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.
TRADE NOW Try XTB today
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.