Top New Zealand Brokers for 2022

We found 11 online brokers that are appropriate for Trading New Zealand.

Trading Platforms and Brokers in New Zealand Guide

Updated August 15, 2022

New Zealand Financial Markets

New Zealand Brokers

New Zealand has been a financial centre in the southwestern Pacific Ocean for over a hundred years.

New Zealand also known as NZ or Aotearoa has a number of established reputable financial markets.

The main securities markets in New Zealand include the The New Zealand Exchange (NZX) which deals in officially listed stocks and shares, government issues, traded options, stock index options, currency options, foreign exchange, futures, metals, gold, silver, agricultural and other commodities.

Restructuring and deregulation has transformed the financial sector in New Zealand over the last 30 years with important changes in the The New Zealand Exchange (NZX) , insurance, banking, shipping, and commodity markets.

Reserve Bank of New Zealand is responsible for issuing monetary policy in New Zealand.

What Are Online Share Brokers And What Do They Do?

Simply put, a share broker (also called a share dealing platform or stockbroker) allows traders and investors to purchase and sell shares from wherever they are. The only thing the trader needs to do is create an account with a broker, deposit funds, and choose the shares they want to buy.

Provided the brokerage is properly licensed and secure, the dividend payments that come from a broker’s bought shares are applied directly into their user account. That enables them to reinvest those dividends into other corporations or simply withdraw them.

It is vital for the New Zealand broker you choose to be fully regulated by a renowned regulatory body, e.g., ASIC (for Australia) and the FCA (for the UK).

New Zealand Brokers

New Zealand brokers are regulated by the Financial Markets Authority (FMA), the official financial body in the country that was established in 2011 following a bill passed in the parliament.

We have written this guide to help you find the best brokers available in New Zealand. The major stock exchange in New Zealand is the New Zealand Exchange (NZX) Market has 200 companies listed on it.

New Zealand Trading Types

New Zealand brokers offer several trading account types we explain some of them below:

New Zealand Forex

Forex Trading In New Zealand is the most fluid financial market. Prices are constantly changing on NZD currency pairs allowing knowledgeable traders to capitalize on price movements between currencies.

New Zealand CFD

In New Zealand many brokers offer CFD trading which can help you trade in contracts for different contracts. CFDs provide traders with added leverage meaning a traders deposit and have more buying power in a CFD. Be aware that with a CFD your losses can exceed your deposited amount. The margin leverage works both ways.

New Zealand Demo Account

This is relevant to any country, not only New Zealand. Demo accounts allow people new to a broker or trading platform to familiarise themselves with financial trading. When trading with New Zealand brokers we recommend opening multiple demo accounts. It will help you find a broker you are comfortable with and help you in making a strategy, learning and checking services and platforms.

New Zealand Trading Opportunities

In terms of ease of trading the country is ranked as one of the best in the world. Its regulatory environment is highly favourable for companies as well as investors. Investors can grab some new business opportunities in New Zealand and local banks eagerly welcome investment.

The financial body (FMA) works closely with firms to bring a better code of conduct and more practical regulatory system.

New Zealand Trading Challenges

Trading in any market needs skill and it is no exception in New Zealand. These challenges include the climate and geological factors.

In recent years the agricultural spending in New Zealand has decreased and drought has declined production. The Canterbury earthquake on September 4th 2010 forced the New Zealand government to spend $40 billion on reconstruction projects in the south island.

Are New Zealand Share Broker Platforms Secure?

The safety of your funds depends on the New Zealand broker platform you choose. Ultimately, the regulative standing of the broker you choose determines how safe your funds are. The platform you choose must be regulated by a reputable regulatory body, e.g., FCA, SEC, and CySEC. Such regulatory bodies have a solid reputation in the brokerage industry since they provide defences like:

All things considered, metrics such as commissions, customer service, payment method, are highly crucial. They are indicators of a share broker platform being sufficiently regulated and must be considered by every individual during their brokerage selection process.

The Difference Between Stock CFD Trading and Share Dealing

Generally, there are two options available to users when entering the shares and stocks space. The two options are stock CFD trading and share dealing, discussed in detail below:

Stock CFD Trading

This type of trading is different from conventional share trading, as this involves speculation on a corporation on a short-term basis. That is usually because, in this case, the trader looks to make smaller yet more frequent profits.

To do such a thing without the intervention of commissions and higher spreads, the trader will most likely be trading stock CFDs. Traders that trade CFDs do not hold the stocks, and therefore, do not have the authority to receive dividend payments.

However, they will be allowed to trade stocks with leverage going up to 5.1 (at a majority of New Zealand broker websites). They can also choose to short-sell corporations. In conclusion, if any trader is seeking to buy equities, and then hold that investment for a few years, share dealing will suit their needs more as opposed to stock CFD trading with the broker.

Share Dealing

Share dealing is the type of process that involves conventionally investing in a corporation. In other words, by investing in shares in a company, a trader ends up owning a portion of the company. As a result, they are entitled to receive stock dividends. They also receive the privilege to vote in stockholder meetings. Share dealing is ideally suited for traders who aim to invest in and hold stocks for a considerable number of years.

What Fees Do New Zealand Share Brokers Charge Their Clients?

All share brokers charge their clients a certain fee for the stock trading services they provide. Hence, you must have a basic understanding of the charges you will have to pay before you sign up. While this varies from broker to broker, the charges usually include:

Share Dealing Fees

These are the types of charges clients need to pay so they can buy and sell shares at their preferred New Zealand stock brokerage. Such fees are either charged as flat fees or variable fees. For instance, some platforms charge a flat fee of 15 NZD or 3 NZD per trade depending on the user’s account volume. Other brokerages, however, charge their clients with variable fees accompanied by a commission fee. Some share brokers do not charge their customers any trading dees or share dealing fees at all.

Non-Trading Charges

Non-trading fees should also be considered when appraising a brokerage. For instance, some platforms require a 0.5-1 percent fee when the client uses a MasterCard or Visa card. Some users also have to pay inactivity penalty charges for when they leave their accounts dormant for an extended amount of time.

Annual Charges

Some platforms choose annual fees accompanied by lower trading commissions. They are normally charged in the form of a variable percentage, considering every user’s account balance size. For instance, if a user has stocks worth 4k NZD held at the brokerage platform, they will be charged 0.5 percent annually. All that amounts to a total of 40 NZD.

Trading With New Zealand Brokers Verdict

Most of the New Zealand brokers regulated by FMA help traders in providing educational materials to new traders. Better education allows traders to perform more informed decisions when placing a trade on financial markets.

Traders should have confidence in all regulated New Zealand brokers as all the transactions are overseen by FMA, which is one of the strictest financial regulators in the world.

Trading Platforms and Brokers in New Zealand

We've collected thousands of datapoints and written a guide to help you find the best New Zealand Brokers for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider the best new zealand brokers below.

Trading in New Zealand

When trading in New Zealand you will need to know what your options with your New Zealand trading broker are.

We list below the trading account types available in New Zealand. If you are looking for brokers in New Zealand that are suitable for trading in the Forex, CFD's, Indices and ETFs, Cryptocurrencies (availability subject to regulation) or commodity markets; this New Zealand broker guide will explain the things you should check and be aware of before you invest.

Forex Trading in New Zealand

Forex trading is growing in popularity in New Zealand. The volume of Forex traded in New Zealand has increased year on year over the last five years.

Across the world $5.1 trillion USD in volume is traded every single day. This is a huge amount in comparison with other financial market sectors.

Advances in online technology, higher internet coverage in New Zealand and increased competition among brokerages have made Forex trading more accessible and reduced the costs of trading generally.

Is Forex Trading Legal in New Zealand?

Their is a misconception that trading Forex on the financial market in New Zealand is considered unsafe. This is not the case, Forex trading in New Zealand is very active.

Trading in Forex is allowed in New Zealand as to conduct business currency must be exchanged. Forex is an integral part of import and export and investing internationally. The important thing is that when trading Forex you pick a safe and reputable broker that is regulated. New Zealand Forex trading is not banned, their are many international online brokers offering favourable trading conditions.

Do Forex Traders Pay Tax in New Zealand?

Once a traders profits reach a level where the income on the Forex trading can be taxed in New Zealand the trader should make sure all taxes owed for a financial year are paid. New Zealand taxes should be filed even if there were losses on the year. If Trading losses cannot be claimed against personal income taxes. A trader should file them with the proper government agency in New Zealand. You should seek advice with a New Zealand tax professional to ensure they are abiding by all proper tax laws in New Zealand. In New Zealand Islamic accounts do not have additional restrictions on trades.

Cryptocurrencies in New Zealand

Cryptocurrency markets in New Zealand are relatively new and their availability are subject to local financial regulation. Because Cryptocurrency works on decentralised assets in New Zealand things like interest rate changes and political instability do not affect cryptocurrencies as much as the currency markets in New Zealand for example.

Due to a large young population in New Zealand with growing income levels and wide spread adaptation of online technology cryptocurrency trading volume is increasing greatly in New Zealand. $6 billion USD worth of Bitcoin is traded daily around the world.

Commodity Trading in New Zealand

In New Zealand commodity trading includes the trade in precious metals, energies and agricultural commodities.

Some commodities like metals are seeing exponential growth in New Zealand since 2002.

Fast growing countries like China and India have been growing rapidly over the last 3 decades. This has meant that countries like China and India have a vast requirement for many basic commodities and raw materials for their populations. Crops to feed people and metal to build infrastructure for example. This means countries like New Zealand are able to take advantage of this demand.

We list brokers that allow you to trade commodities in New Zealand here.

Islamic Accounts in New Zealand

New Zealand brokers support Islamic accounts or swap-free accounts. New Zealand Islamic accounts have no rollover interest on overnight positions to comply the Muslim faith. Traders of Islamic faith are forbidden to pay interest. Brokers in New Zealand offer accounts that are suitable for Islamic traders. These New Zealand brokers complies with Sharia law.

Benefits of Trading in New Zealand

New Zealand economy and population is growing. The middle class population in New Zealand is increasing which means a growing consumer base. Many business and financial opportunities exist in New Zealand. New Zealand has a young population educated in technology and the internet.

Concerns of Trading in New Zealand

New Zealand digitisation of financial trading has made it easier to defraud unsuspecting investors across the internet. Make sure the broker you trade with is regulated and passes the checklist in this New Zealand guide. Educate yourself as much as possible open a demo account if necessary be you open a live trading account.

Learn about leverage when trading. New Zealand Brokers offering high leverage trades in New Zealand can mean high profit margins. But this goes both was it can also mean huge losses. There are things like negative balance protection and stop loss accounts which some New Zealand brokers offer as a level of protection. you can learn more about further below on this guide.

Reputable Trading Platforms and Brokers in New Zealand Checklist

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

It is not essential that your brokerage is local but they must have regulation from a Tier 1 reputable country. In fact the brokers international regulation could be more reputable than your local region.

When deciding to trade and find a suitable New Zealand broker if you wish your broker to be 100% local check they are governed and regulated by the below.

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 New Zealand Brokers.

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

Top 15 New Zealand Brokers of 2022 compared

Here are the top New Zealand Brokers (NZ).

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

All brokers below are new zealand brokers. Learn more about what they offer below.

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

Broker eToro IC Markets Roboforex XTB XM Trading212 NordFX Plus500 EasyMarkets FXPro SpreadEx
Rating
locality eToro accept New Zealand clients IC Markets accept New Zealand clients Roboforex accept New Zealand clients XTB accept New Zealand clients XM accept New Zealand clients Trading 212 accept New Zealand clients NordFX accept New Zealand clients Plus500 accept New Zealand clients easyMarkets accept New Zealand clients FxPro accept New Zealand clients SpreadEx accept New Zealand clients
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 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), 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 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), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) Financial Conduct Authority (FCA)
Min Deposit 10 200 1 No minimum deposit 5 1 1 100 100 100 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
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 27,000,000+ 180,000+ 10,000+ 250,000+ 3,500,000+ 15,000,000+ 10,000+ 15,500+ 142,500+ 1,866,000+ 10,000+
Benefits
  • Offers STP
  • 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
  • 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 hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Low min deposit
  • Guaranteed stop loss
  • Advanced Risk Management Tools
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Islamic account
  • Demo account
  • Standard account
Platforms Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps 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
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
icmarkets
Sign Up with
roboforex
Sign Up with
xtb
Sign Up with
xm
Sign Up with
trading212
Sign Up with
nordfx
Sign Up with
plus500
Sign Up with
easymarkets
Sign Up with
fxpro
Sign Up with
spreadex
Risk Warning 78% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits Losses can exceed deposits 74% 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. 75.59% 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. 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. Losses can exceed deposits 74% 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. Your capital is at risk 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider Losses can exceed deposits
Demo eToro
Demo
IC Markets
Demo
Roboforex
Demo
XTB
Demo
XM
Demo
Trading 212
Demo
NordFX
Demo
Plus500
Demo
easyMarkets
Demo
FxPro
Demo
SpreadEx
Demo
Excluded Countries 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, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA US, JP US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, KR, IR, MM, CU, SD, SY US, CA US, CA, EU, RU, SY, KP, CU MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE 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, CA, IR US, TR

eToro Risk Disclosure

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. 67% 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.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

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.


All New zealand brokers in more detail

You can compare New Zealand 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 New Zealand Brokers for 2022 article further below. You can see it now by clicking here

We have listed top New zealand brokers below.

Trading Platforms and Brokers in New Zealand List

eToro
(4/5)
Min deposit : 10
Visit eToro Try a Demo Read review

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. 67% 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.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

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.

eToro was established in 2007 and is used by over 27000000+ traders. 78% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

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 ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

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), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, 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 Cyprus Securities and Exchange Commission (CySEC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 74% 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 Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.59% 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 Zero account VIP account
Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 15000000+ traders. 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. Trading 212 offers Stocks, Forex, Commodities, Indices.

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 ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
NordFX
(4/5)
Min deposit : 1
NordFX was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits NordFX offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, 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 Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 74% 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 No Deposit fees/Commissions No hidden fees Competitive fees 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 ECN 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), 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
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, 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 Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
FXPro
(3/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 1866000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, 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), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

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 ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)

Learn more Learn more about eToro.
78% of retail investor accounts lose money when trading CFDs with this provider.
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78% of retail investor accounts lose money when trading CFDs with this provider.