Top New Zealand Brokers for 2024

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

Trading Platforms and Brokers in New Zealand Guide

Analysis by Andrew Blumer, Updated Last updated - March 27, 2024

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

Trading in New Zealand

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

We list below the various regulated trading account types available to traders in New Zealand. If you are looking for a trading platform or broker in New Zealand that are suitable for trading in Forex, CFD's, indices, stocks, 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

You've probably noticed how Forex trading is really taking off in New Zealand, right? Over the past half-dozen years or so, the trading volume in New Zealand has been on a steady climb. It's like everyone in New Zealand is getting in on the action. But traders in New Zealand must understand the risks.

Across the world $7.5 trillion USD in volume is traded every single day. Commodities global trading volume is around $380 million USD a day. Global stock markets trading volume is around 460 million USD a day.

Modern software, more affordable mobile devices in New Zealand and higher internet uptake in New Zealand has increased competition for new trading clients among brokerages in New Zealand, which has opened Forex trading to a new audience.

Is Forex Trading Legal in New Zealand?

There's this common myth floating around that diving into Forex trading in New Zealand is illegal, this is not the case, but Forex trading in New Zealand is risky. Forex trading in New Zealand is not a get rich quick scheme, you will be competing with people not just in New Zealand, but all over the world. The key, though, is to be smart about it. You have to choose a broker in New Zealand that's not just reputable but also strictly regulated and allowed to offer services to traders in New Zealand.

Trading in Forex is allowed in New Zealand as businesses dealing internationally must exchange currency. Forex is an integral part of import and export in New Zealand and investing internationally. New Zealand Forex trading is not banned, their are many top-notch international online brokers available to traders in New Zealand offering regulated trading environments.

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. Just a heads up about the tax situation here in New Zealand. You've must file taxes in New Zealand even if the markets chewed you up and you spat out losses this year. Also in New Zealand you can't claim any trading losses against your personal income taxes, unfortunately. Don't just wing it - get yourself some solid advice from a qualified tax pro in New Zealand who knows the ins and outs of the tax labyrinth in New Zealand. In New Zealand, Islamic accounts are not restricted.

Cryptocurrencies in New Zealand

Here in New Zealand, the crypto scene is still pretty new, and cryptocurrency in New Zealand is getting more and more tangled up in the local financial regulatory rule in New Zealand. The thing about cryptos is, they operate on this decentralized model, right? So, unlike our traditional currency markets in New Zealand, they're not as rattled by interest rate shifts or the political drama in New Zealand that's always on the news. Crypto in New Zealand is a different beast altogether.

You know, with the surge of younger traders in New Zealand, who are not only tech-savvy but also starting to speculate with decent money in New Zealand, there's a noticeable shift happening in New Zealand towards the crypto market (which is highly volitle and high risk in New Zealand). Cryptocurrency traders in New Zealand contribute to the $20 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

Selecting a reliable and reputable online New Zealand 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 more confidently.

Selecting the right online New Zealand trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

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.

Compare Key Features of New Zealand Brokers in Our Brokerage Comparison Table

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

Top 15 New Zealand Brokers of 2024 compared

Here are the top New Zealand Brokers (NZ).

Compare new zealand brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a new zealand broker, it's crucial to compare several factors to choose the right one for your new zealand needs. Our comparison tool allows you to compare the essential features 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 Roboforex eToro XTB XM NordFX EasyMarkets SpreadEx FXPro Plus500 Admiral ThinkMarkets
Rating
locality Roboforex accept New Zealand clients eToro accept New Zealand clients XTB accept New Zealand clients XM accept New Zealand clients NordFX accept New Zealand clients easyMarkets accept New Zealand clients SpreadEx accept New Zealand clients FxPro accept New Zealand clients Plus500 accept New Zealand clients Admiral Markets accept New Zealand clients ThinkMarkets accept New Zealand clients
Regulation RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund 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 Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 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) 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)
Min Deposit 10 100 No minimum deposit 5 1 100 1 100 100 200 No minimum deposit
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 1,000,000+ 30,000,000+ 935,000+ 10,000,000+ 10,000+ 142,500+ 10,000+ 1,866,000+ 24,000,000+ 10,000+ 500,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • 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
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • 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 scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
  • Guaranteed stop loss
  • Advanced Risk Management Tools
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • 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
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Standard account
  • Islamic account
Platforms MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps 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 ThinkTrader, MT4, MT5, Mac, 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
roboforex
Sign Up with
etoro
Sign Up with
xtb
Sign Up with
xm
Sign Up with
nordfx
Sign Up with
easymarkets
Sign Up with
spreadex
Sign Up with
fxpro
Sign Up with
plus500
Sign Up with
admiralmarkets
Sign Up with
thinkmarkets
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. 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. Losses can exceed deposits 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 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
Demo Roboforex
Demo
eToro
Demo
XTB
Demo
XM
Demo
NordFX
Demo
easyMarkets
Demo
SpreadEx
Demo
FxPro
Demo
Plus500
Demo
Admiral Markets
Demo
ThinkMarkets
Demo
Excluded Countries AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH 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 US, CA, IL, IR US, CA, EU, RU, SY, KP, CU 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 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


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 2024 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

Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 1000000+ traders. Losses can exceed deposits Roboforex 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 ECN account
Islamic account VIP account
Regulated by RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
eToro
(4/5)
Min deposit : 100
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. 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.

eToro was established in 2007 and is used by over 30000000+ traders. 76% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. 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 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
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)
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
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, TradingView, 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)
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)
FXPro
(4/5)
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)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 24000000+ traders. 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. Plus500 offers CFDs, CFD Shares, CFD Indices, CFD Forex, CFD Commodities, CFD ETFs, CFD Options, CFD Futures, Real shares via Plus500Invest .


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) 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
Admiral
(3/5)
Min deposit : 200
Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets 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 ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
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)

Learn more Learn more about Roboforex.
Losses can exceed deposits
TRADE NOW Try Roboforex today
Losses can exceed deposits