Best Forex Brokers NZ

NZ Forex Brokers List

Our list of the best New Zealand FMA regulated forex brokers are.

  • BlackBull Markets – Best NZ forex broker overall
  • CMC Markets – Top NZ forex trading leverage levels
  • IG – Good range forex trading platform
  • Plus500 – Best beginner forex broker NZ trading
  • Hantec Markets – Good MT4 Forex Broker
  • OMF – Top cTrader broker for CFD trading

Please note, the Financial Markets Authority revoked AxiTrader NZ licence in 2020.

BlackBull Markets (NZ)
CMC
IG
Plus500
Hantec Markets
Our Rating
8.17
7.17
6.67
5.83
3.86
Auckland Based NZ Broker
Offers CFDs + Stockbroking
Risk management features
80.5% of retail CFD accounts lose money
MT4 Forex Broker

Regulations and Licenses

Feature
BlackBull Markets (NZ)
CMC
IG
Plus500
Hantec Markets
FMA (New Zealand)

Brokerage

Feature
BlackBull Markets (NZ)
CMC
IG
Plus500
Hantec Markets
EUR/USD Avg. Raw Spread
0.16
0.17
EUR/USD Standard Spread
0.8
1.2
0.86
0.8
1.8
Commissions (USD Base)
$3.00
Commission Rebates
N/A
Minimum Deposit
$200
$0
$450
100
$1,000
£ 1,000
€ 1,000
Swap Free Account
No Inactivity Fees
Funding Methods
Bank Wire, Visa, Mastercard, Neteller
Bank Wire, Visa, Mastercard, Neteller
4
3
8
No Funding Fees

Markets and Instruments

Feature
BlackBull Markets (NZ)
CMC
IG
Plus500
Hantec Markets
Currency Pairs
31
339
90+
60+
42
Cryptocurrency CFDs
12
8
10+
0
Index CFDs
9
46
37
67+
9
Share CFDs
350
9,000
8,600+
1816+
0
Commodities CFD
5
111
26
17+
0
Stockbroking
0
Retail Max. Leverage
500:1
500:1
200:1
30:1 (FCA)
300:1 (ASIC)
20:1 (MAS)
30:1
Professional Leverage
500:1
500:1
200:1
300:1
300:1

Trading Platforms + Tools

Feature
BlackBull Markets (NZ)
CMC
IG
Plus500
Hantec Markets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
MetaTrader 4 only
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
Demo Account
Unique Feature 1
NZ Based Forex Broker
Fast Execution Speeds
Guaranteed stop loss orders
Trade cannabis index
Bespoke service with
relationship managers
Unique Feature 2
MT4 or MT5 Platform
Guaranteed Negative Protection
Choice of Platforms
Guaranteed stop-loss
30 years experince

Overall

BlackBull Markets (NZ)
CMC
IG
Plus500
Hantec Markets