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HomeForexCountries
New Zealand
Regulated

Best Forex Brokers in New Zealand

Last updated May 3, 2026

Oceania • 28 brokers available

28
Brokers
Key Regulator
FMA New Zealand
Lowest Min. Deposit
$0
Active Regulators
35 regulators

New Zealand's FMA (Financial Markets Authority) licenses forex brokers under the Financial Markets Conduct Act. NZ is notable for relatively accessible licensing compared to the UK or Australia, attracting a number of international firms with a New Zealand base.

Top New Zealand Forex Brokers

28 brokers

IG

FCA, ASIC
4.8/ 5

IG invented spread betting in 1974 and remains the benchmark for experienced UK and European traders: unmatched market breadth, a genuinely excellent proprietary platform, and regulatory credibility that few brokers can match - at the cost of slightly higher charges than specialist ECN desks.

Min. deposit: No minimum

Spreads from 0.6 pips

Up to 30:1

Read Review

Pepperstone

FCA, ASIC
4.7/ 5

Multi-regulated Australian ECN-style broker with fast execution, MT4 / MT5 / cTrader / TradingView and a strong active-trader rebate program.

Min. deposit: No minimum

Spreads from 0 pips

Commission: $7/lot

Up to 500:1

Read Review

Interactive Brokers

NFA, SEC
4.6/ 5

Listed broker with global market access, lowest financing rates we benchmark, and the powerful TWS workstation.

Min. deposit: No minimum

Spreads from 0.2 pips

Commission: $2/lot

Up to 50:1

Read Review

OANDA

NFA, FCA
4.6/ 5

NFA- and FCA-regulated with strong US/UK coverage, transparent historical pricing, and excellent research.

Min. deposit: No minimum

Spreads from 1 pips

Up to 50:1

Read Review

FP Markets

ASIC, CySEC
4.5/ 5

True ECN pricing, all three major platforms, strong ASIC regulation, and IRESS integration for share CFDs - a complete package for active traders.

Min. deposit: $100

Spreads from 0 pips

Commission: $6/lot

Up to 500:1

Read Review

CMC Markets

FCA, ASIC
4.5/ 5

FCA-regulated and LSE-listed with one of the best proprietary platforms in retail FX and CFDs.

Min. deposit: No minimum

Spreads from 0.7 pips

Up to 30:1

Read Review

AvaTrade

ASIC, FSCA
4.4/ 5

Heavily regulated across 6+ jurisdictions with a unique AvaOptions platform for vanilla options trading and strong educational content.

Min. deposit: $100

Spreads from 0.9 pips

Up to 400:1

Read Review

XM

CySEC, ASIC
4.3/ 5

Low minimum deposit, broad bonus program, and strong educational content. CySEC- and ASIC-regulated.

Min. deposit: $5

Spreads from 0.6 pips

Up to 1000:1

Read Review

Blueberry Markets

ASIC, VFSC
4.3/ 5

Pure ASIC-regulated ECN broker with raw spreads from 0.0 pips and a $8 round-turn commission on the Direct account - a straightforward professional-grade execution desk without the marketing overhead of larger brokers.

Min. deposit: $100

Spreads from 0 pips

Commission: $8/lot

Up to 500:1

Read Review

Tickmill

FCA, CySEC
4.3/ 5

Among the lowest commissions available at $6 round-turn on Pro accounts, with strong FCA, CySEC, and FSCA regulation and transparent execution.

Min. deposit: $100

Spreads from 0 pips

Commission: $6/lot

Up to 1000:1

Read Review

FxPro

FCA, CySEC
4.3/ 5

Multi-platform broker with FCA and CySEC regulation, offering all four major retail platforms and transparent raw ECN pricing.

Min. deposit: $100

Spreads from 1.2 pips

Commission: $7/lot

Up to 500:1

Read Review

Capital.com

FCA, ASIC
4.3/ 5

Very low minimum deposit, AI-powered trading insights, zero commission, and strong FCA/ASIC/CySEC regulation - accessible for new traders.

Min. deposit: $20

Spreads from 0.6 pips

Up to 30:1

Read Review

ThinkMarkets

FCA, ASIC
4.2/ 5

No minimum deposit on standard account, a highly rated ThinkTrader mobile app, and JFSA regulation for Japanese clients.

Min. deposit: No minimum

Spreads from 0.4 pips

Commission: $7/lot

Up to 500:1

Read Review

Global Prime

Trending
ASIC, VFSC
4.2/ 5

ASIC-regulated NDD/ECN broker with raw spreads from 0.0 pips and one of the most transparent execution reports in retail forex - a strong choice for active traders who prioritise verified execution quality over marketing.

Min. deposit: $200

Spreads from 0 pips

Commission: $7/lot

Up to 500:1

Read Review

FXOpen

FCA, CySEC
4.2/ 5

Triple-regulated ECN specialist (FCA, CySEC, ASIC) and early cTrader adopter with one of the lowest commission structures in retail ECN - $1.5 per side per lot - making it highly cost-effective for active traders.

Min. deposit: $100

Spreads from 0 pips

Commission: $3/lot

Up to 500:1

Read Review

Vantage

ASIC, FCA
4.2/ 5

Low minimum deposit, raw ECN pricing, copy trading, and ASIC/FCA regulation make Vantage a strong all-around option for retail traders.

Min. deposit: $50

Spreads from 0 pips

Commission: $6/lot

Up to 2000:1

Read Review

eToro

FCA, CySEC
4.2/ 5

Best-in-class social and copy trading on a clean proprietary web/mobile platform. FCA / CySEC / ASIC regulated.

Min. deposit: $50

Spreads from 1 pips

Up to 30:1

Read Review

Fusion Markets

ASIC, VFSC
4.2/ 5

One of the lowest-cost ECN brokers globally at $4.50/lot, no minimum deposit, and three platform options - strong value for cost-conscious traders.

Min. deposit: No minimum

Spreads from 0 pips

Commission: $4.5/lot

Up to 500:1

Read Review

FXCM

FCA, ASIC
4.1/ 5

Veteran FCA-regulated broker with strong API support, MT4, and the proprietary Trading Station platform.

Min. deposit: $50

Spreads from 0.4 pips

Up to 400:1

Read Review

Moneta Markets

ASIC, FSCA
4.1/ 5

Multi-regulated broker with ASIC, FSCA, and FSA Seychelles licences, offering competitive raw ECN conditions and a proprietary platform alongside MT4 and MT5 - growing presence in Africa and Asian markets.

Min. deposit: $50

Spreads from 0 pips

Commission: $6/lot

Up to 1000:1

Read Review

BlackBull Markets

FSC, FMA
4.1/ 5

New Zealand-regulated ECN broker with all three major platforms, no minimum deposit on standard accounts, and good Asia-Pacific coverage.

Min. deposit: No minimum

Spreads from 0 pips

Commission: $6/lot

Up to 500:1

Read Review

Axi

Trending
ASIC, FCA
4.1/ 5

No minimum deposit, strong ASIC regulation, excellent MT4 infrastructure for EA traders, DXtrade for a modern web experience, and competitive Pro account pricing.

Min. deposit: No minimum

Spreads from 0 pips

Commission: $7/lot

Up to 500:1

Read Review

Trade Nation

FCA, ASIC
4.1/ 5

Fixed spreads from 0.6 pips with no commission, no minimum deposit, and strong FCA and ASIC regulation - simple, transparent pricing for cost-conscious traders.

Min. deposit: No minimum

Spreads from 0.6 pips

Up to 500:1

Read Review

ACY Securities

ASIC, FSA Seychelles
4.0/ 5

ASIC-regulated Australian broker with broad 2,200+ instrument coverage, TradingView integration, and raw ECN accounts - stronger on instrument breadth than on brand recognition.

Min. deposit: $50

Spreads from 0 pips

Commission: $7/lot

Up to 500:1

Read Review

GO Markets

ASIC, CySEC
4.0/ 5

True ECN pricing, three platform options, and ASIC regulation - a solid choice for Australian traders though with a higher minimum deposit than peers.

Min. deposit: $200

Spreads from 0 pips

Commission: $5/lot

Up to 500:1

Read Review

Plus500

FCA, ASIC
4.0/ 5

LSE-listed with zero commission, intuitive proprietary platform, and negative balance protection - though limited research and no MT4.

Min. deposit: $100

Spreads from 0.6 pips

Up to 30:1

Read Review

TMGM

VFSC, ASIC
4.0/ 5

ASIC-regulated Australian broker with 10,000+ instruments including DMA equities, well-positioned for Asian traders who want Australian regulatory standards alongside a broad asset range.

Min. deposit: $100

Spreads from 0 pips

Commission: $7/lot

Up to 500:1

Read Review

easyMarkets

CySEC, ASIC
3.9/ 5

Fixed spreads, unique risk management tools (dealCancellation, freeze rate), and a very low $25 minimum deposit make easyMarkets accessible for risk-averse traders.

Min. deposit: $25

Spreads from 0.7 pips

Up to 400:1

Read Review

Other Oceania Countries

Australia
Australia
34 brokers
French Polynesia
French Polynesia
1 brokers

Frequently Asked Questions

Forex trading is regulated in New Zealand. The country currently has 28 brokers operating under its regulatory framework. Always verify a broker's licence with the FMA New Zealand before depositing funds.

Look for brokers regulated by the FMA New Zealand or a Tier 1 regulator such as the FCA or ASIC. Compare spreads, leverage caps, available instruments, and customer support in your language. Our list above is sorted by overall rating to help you shortlist quickly.

Regulated brokers under the FMA New Zealand are required to segregate client funds from company funds and participate in investor compensation schemes where applicable. Always check the broker's regulatory status and read the terms before depositing.

Leverage limits vary by jurisdiction. Under FMA New Zealand rules, traders in New Zealand may be subject to local leverage restrictions, for example capped at 1:30 for major pairs. Check the specific broker's terms for the leverage available to residents of New Zealand.

Yes. Most brokers available in New Zealand offer iOS and Android apps compatible with platforms such as MetaTrader 4, MetaTrader 5, and cTrader. Look for brokers that list "Mobile Trading" as a key feature.

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