Financial Markets Authority (FMA) LogoCFD and forex trading in New Zealand has gained popularity with the most traded currency pairs locally being the NZD/USD and NZD/AUD[7]Reserve Bank Of New Zealand. The NZ regulator is the Financial Markets Authority (FMA) and only forex brokers listed as a licensed derivative provider should be considered. You can learn more about the regulator on the FMA Wikipedia page or follow their Twitter at @FMAmedia.

Top 7 Forex Broker NZ List

We reviewed all FMA regulated brokers and rated:

  • BlackBull Markets - Best Forex Broker In NZ
  • TMGM - Lowest Spread NZ Forex Broker
  • CMC Markets - Largest Forex Broker In New Zealand
  • IG - Great Range of Trading Products
  • Plus500 - Best Forex Broker for Beginners
  • RockGlobal - Top Share + Forex Broker
  • Axi - Good MetaTrader 4 Broker Offering
Broker Our Rating Regulation Standard
EUR/USD Spread
Standard
GBP/USD Spread
Standard
AUD/USD Spread
Raw
EUR/USD Spread
Raw
GBP/USD Spread
Raw
AUD/USD Spread
Commissions
(USD Base)
MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
8.50 FMA, FSA 1.20 1.4 1.7 0.23 0.72 0.65 $3.00 72ms $0 64+ 11+ 500:1 500:1 Visit Site
8.33 FMA, VFSC
ASIC
1.0 1.32 1.11 0.10 0.42 0.21 $3.50 94ms $100 60+ 12+ 30:1 200:1 Visit Site
7.17 ASIC, MAS, FCA
CIRO, FMA, BaFin
1.12 1.30 1.64 0.5 0.9 0.6 $2.50 138ms $0 338+ 19+ 30:1 500:1 Visit Site
6.67 ASIC, FCA, BaFin
FINMA, NFA/CFTC, MAS
CySEC, DFSA, FMA
JFSA, BMA, FSCA
1.13 1.66 1.01 0.16 0.59 0.29 $6.00 174ms $450 100+ 12+ 30:1 200:1 Visit Site
5.83 ASIC, CySEC, MAS
FCA, FMA, DFSA
EFSA, FSA, FSCA
1.70 2.3 1.4 - - - - 140ms $100 71+ 15+ 30:1 300:1 Visit Site
4.83 DFSA, FCA
ASIC, FMA
1.2 1.3 1.3 0.44 0.85 0.42 $3.50 90ms $0 72+ 11+ 30:1 400:1 Visit Site
 

What Are The Best NZ Forex Brokers?

The best forex brokers in New Zealand according to the team at Compare Forex Brokers. To compile this list, we looked at important trading factors, such as spreads, trading platforms, execution speeds and financial instruments. We also considered features like customer support, industry awards and ease of account management. All brokers on this list hold licenses from the New Zealand Financial Markets Authority (FMA).