3 Best Forex Brokers in New Zealand for 2026
Updated: Oct 21, 2026
✓ Fact Checked
What changed in this update
Over the past year, we have researched over 80 brokers. We use our proprietary rating system to rank brokers and sort out the best. In this article, I have focused on the best brokers for traders in New Zealand. I made sure to verify FMA regulation for each broker and reviewed the overall trust and transparency as well.
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Every review and score on our site comes from independent, hands-on testing, and no broker can pay to change a score or a verdict. Brokers pay to appear on our site. That can affect which brokers we feature and where. How we make moneyWhy you can trust this list
2011
Reviewing brokers since70+
Brokers tested250
Variables per review9
Scoring categories- How this list works. Our editors choose brokers that meet this page's criteria and impressed us in testing. The list is not in score order. Brokers pay to appear on our site, which can affect which brokers we feature and where. No broker can pay to change a score or a verdict.
- The authority on broker reviews since 2011. Traders have relied on our independent testing for over a decade.
- 70+ brokers tested. We test leading brokers the same way, so we can compare them fairly.
- Every broker takes the same test. One published scoring system, with 9 weighted categories and 250+ variables, all measured hands-on by our analysts.
- Key facts are checked before publishing. An editor re-checks licenses, spreads and fees against our test data.
I also focused on region-friendly payment methods, the availability of NZD as the base currency, local support, and any bonuses are available for New Zealanders. I focused on the specific needs of New Zealanders and the ease of use for each broker.
List of Top Forex Brokers and Platforms in New Zealand
FMA and other top-tier regulators. Very competitive trading fees. Proprietary platform. Over 17K instruments. NZD-denominated CFD contracts.
New Zealand-based, FMA-regulated. A wide range of trading platforms. FIX API, Autochartist, Zulu Trade, MyFXBook.
FMA and other top-tier regulators. NZD as a base currency. 2800+ instruments. User-friendly and intuitive trading platform. +Insights tools.
*82% of retail CFD accounts lose money.
Compare All Listed Brokers
| Broker | Score | Fees Score | Min Deposit | Max Leverage | Platforms | Visit Broker |
|---|---|---|---|---|---|---|
 IG | 4.7 | 3.8 | $50 | 1:30 (FCA) 1:25 (JFSA) · 1:30 (FSCA) · 1:30 (ASIC) · 1:30 (FINMA) · 1:30 (DFSA) · 1:20 (MAS) · 1:50 (CFTC) · 1:50 (NFA) · 1:200 (BMA) · 1:30 (BaFin) · 1:20 (MAS) | MT4, ProRealTime, L2 Dealer, TradingView, IG Online Platform | 70% 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 |
 BlackBull Markets | 4.4 | 4.2 | $0 | 1:500 (FSA) 1:500 (FMA) | MT5, MT4, TradingView, cTrader, myFXbook, Zulutrade, BlackBull Trade | BlackBull Markets and its associated entities have access to provide over 26000 tradable instruments to clients across all our Trading Platforms. Black Bull Group Limited (trading name: BlackBull Markets) is a company registered and incorporated in New Zealand (Company Number 5463921, NZBN 9429041417799) located at Level 20, 188 Quay St Auckland 1010. Black Bull Group Limited is a registered Financial Services Provider (FSP403326). |
 Plus500 | 4.3 | 3.3 | $100 | 1:300 (FSA) 1:30 (ASIC) · 1:30 (FCA) · 1:20 (MAS) · 1:200 (SCB) · 1:30 (DFSA) · 1:30 (EFSA) · 1:30 (CMA UAE) · 1:30 (CySEC) · 1:30 (FSCA) · 1:30 (FMA) | Plus500 Web Platform, Plus500 Mobile App | CFD Service, 81% 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 |
How Did I Select the Best Brokers in New Zealand?
- I only chose brokers that accept New Zealand residents.
- I only dealt with trustworthy and transparent brokers with top overall scores from our rating review system.
- The focus was on brokers regulated by the Financial Markets Authority (FMA).
- I looked for brokers offering localization in payment methods, offices, or customer support, and those that have NZD as a base currency.
- I only selected brokers that provide low trading fees.
- I chose brokers that have user-friendly and feature-rich platforms.
Best Overall
4.7
70% 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
- $50Min Deposit
- 19234Tradable Instruments
- MediumFees
Why We Picked It
Founded in 1974, IG provides trading opportunities in forex, stocks, indices, commodities, cryptocurrencies, and bonds. IG is regulated by the FMA and other top-tier bodies and offers competitive trading fees, a proprietary platform, and more than 18,000 markets.
Regional Features:
- Regulated by FMA, registration number FSP684191
- Leverage: Up to 1:30
- NZD as a base currency
- NZD-denominated CFD contracts
- NZD in trading pairs
- Local customer support
My test showed that the spreads at IG are excellent overall. The EUR/USD pair fluctuated between 0.6 and 0.9 pips during my test, and US Oil was just $0.02 at the same time, in US trading. The overnight swap fees are generally better than many would expect as well.
In addition to its appealing trading fees, IG’s strength lies in its extensive stock offering, encompassing over 16,000 stocks. The broker also surpasses the industry average by providing access to more than 100 forex pairs. This will allow traders to find plenty of trading opportunities far beyond major pairs.
IG offers a proprietary web platform and mobile app. They also offer L2 Dealer, MetaTrader 4, MetaTrader 5, TradingView, and ProRealTime.
Pros and Cons
Pros
- Highly competitive fees.
- Well-regulated broker.
- Feature-rich web and mobile platforms.
- 17,000+ financial instruments.
Cons
- Market analysis not as robust as some others.
Best for Professional Traders
BlackBull Markets and its associated entities have access to provide over 26000 tradable instruments to clients across all our Trading Platforms. Black Bull Group Limited (trading name: BlackBull Markets) is a company registered and incorporated in New Zealand (Company Number 5463921, NZBN 9429041417799) located at Level 20, 188 Quay St Auckland 1010. Black Bull Group Limited is a registered Financial Services Provider (FSP403326).
- $0Min Deposit
- 1750Tradable Instruments
- MediumFees
Why We Picked It
Founded in 2014 in Auckland, BlackBull has served traders from all around the world. The firm is regulated by the Financial Markets Authority in New Zealand and offers a large number of assets, over 26,000. BlackBull offers TradingView, MT4, MT5, cTrader, BlackBull Invest, and CopyTrader platforms.
Regional Features:
- Regulated by FMA, registration number FSP403326
- Leverage: Up to 1:500
- NZD as a base currency
- NZD-denominated CFD contracts
- NZD in trading pairs
- Local customer support
BlackBull provides a massive and diverse range of markets, allowing you to trade more than 26,000 markets. The range of assets includes forex, indices, cryptocurrencies, commodities, and shares. This gives professional traders a wide range of ways to express their market views.
BlackBull has an extensive stock offering, with over 1,200 stocks available for trading. Beyond its stock offering, BlackBull offers an extensive number of forex pairs, more than 80.
BlackBull has MT4, MT5, cTrader, TradingView, BlackBull Invest, and CopyTrader. The broker offers three trading accounts: ECN Standard, ECN Prime, and Prime+. The ECN offers spreads as low as 0.8 pips, without commission. The ECN Prime offers spreads from 0.0, with commissions of $3 per side, per lot. The Prime+ account is for high-volume traders, with the ability to get cheaper rates and rebates.
For my test, I used the ECN Standard and used MT5. I found the spread in the EUR/USD to be true with the 0.8 pips suggested on the webpage. I also found USD/JPY to be the same, but fluctuating to as high as 1.0 pips.
BlackBull also has a lot of webinars and market research, making it ideal for those looking for a bit of extra analysis to build a trading position on. The speed offered at BlackBull is also adequate for professional traders who need super-fast executions.
Pros and Cons
Pros
- Highly competitive fees
- Regulated in New Zealand
- Multiple trading platforms
- 26,000+ financial instruments
Cons
- Somewhat limited index coverage
Best Trading Platform
4.3
CFD Service, 81% 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
- $100Min Deposit
- 2764Tradable Instruments
- HighFees
Why We Picked It
Plus500 opened in 2008, on the heels of the Great Financial Crisis. The company has proven its strength since then and is even listed on the FTSE 250 in London. While Plus500 is regulated by the FMA in New Zealand, it is actually the Australian entity that is regulated in New Zealand. The company offers over 2,800 instruments for traders to take advantage of.
The trading platform for Plus500 is excellent and very intuitive for traders to use. The mobile version is also excellent and allows quick order execution, as well as a portal to access multiple asset classes.
Regional Features:
- Regulated by FMA, registration number FSP486026
- Leverage: Up to 1:30
- NZD as a base currency
- NZD in trading pairs
- Local customer support
My test was run on the web-based browser platform, and I found the spreads to be excellent, with the EUR/USD pair having an average of 0.8 pips. This platform also includes the +Insights Tool. This tool keeps track of where clients are positioned, giving a quick read of the trader sentiment in the markets you are trading.
The platform also has a large number of trading indicators, making technical analysis fans feel welcome here. I liked the speed of the platform and had no difficulties with order speed or execution. The markets that Plus500 offers include forex, shares, ETFs, cryptocurrencies, indices, commodities, and even options. This allows traders to find an opportunity across nearly any market condition.
Pros and Cons
Pros
- Highly competitive spreads with no commissions.
- NZ-regulated broker.
- Feature-rich web and mobile platforms.
- Over 2,800 financial instruments offered.
Cons
- No MetaTrader available for those looking to port an Expert Advisor.
All Brokers That Accept Clients from New Zealand
Every broker we reviewed that accepts New Zealand residents, ranked by FXEmpire score. The regulator and leverage are those of the entity that opens accounts for clients from New Zealand.
| Broker | Entity for New Zealand | Max Leverage | Score | Fees Score | Min Deposit | Platforms | Visit Broker |
|---|---|---|---|---|---|---|---|
IG International Limited BMA Bermuda | 1:200 | 4.7 | 3.8 | $50 | MT4, ProRealTime, L2 Dealer, TradingView, IG Online Platform | 70% 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 | |
First Prudential Markets Limited FSA Seychelles | 1:500 | 4.6 | 4.1 | $0 | MT5, cTrader, IRESS, MT4, Mottai, TradingView | Contracts for Difference (CFDs) are leveraged over-the-counter derivative products and carry a high level of risk to your capital. You should only risk capital that you can afford to lose. In certain circumstances, due to fluctuations in market value you may not get back your initial investment amount. You may not only lose your initial investment but you may incur a liability to pay a further amount to cover losses. This means you can lose more money than you have invested. | |
Moneta Markets Ltd FSA Seychelles | 1:500 | 4.6 | 4.5 | $50 | MT5, MT4, ProTrader, App Trader, Copytrader App | Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how Derivatives work and whether you can afford to take the high risk of losing your money. Trading derivatives is risky. It isn't suitable for everyone; you could lose substantially more than your initial investment. You don't own or have rights to the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't consider your personal objectives, financial circumstances, or needs. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. | |
Vantage Global Limited VFSC Vanuatu | 1:2000 | 4.6 | 4.4 | $50 | MT4, MT5, TradingView, Vantage App, Vantage Web Trading | Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. | |
Ava Trade Markets Ltd BVI FSC Virgin Islands, British | 1:200 | 4.5 | 4.2 | $100 | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | Trading CFDs and FX Options entail risk and could result in the loss of your capital. | |
GAIN Global Markets Inc. CIMA Cayman Islands | 1:250 | 4.5 | 3.7 | - | MT4, WebTrader | 72.5% of retail investor accounts lose money when trading CFDs with this provider. | |
Hantec (Seychelles) Services Limited FSA Seychelles | 1:1000 | 4.5 | 4.2 | $10 | MT4, MT5, Hantec Mobile, Hantec Web Trader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
MEX Atlantic Corporation CIMA Cayman Islands | 1:1000 | 4.5 | 4.0 | $50 | MT5, MT4, MultiBank App | All forms of investment carry risk including an investor not recovering the amount invested. These services may not be suitable to all. | |
Startrader Financial Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $50 | MT5, MT4, STARTRADER App | All investments entail risks and may result in both profits and losses. I | |
VT Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $100 | MT5, MT4, VT Markets app, TradingView | Trading CFDs carries a high level of risk and may not be suitable for all investors. Leverage in CFD trading can magnify gains and losses, potentially exceeding your original capital. It’s crucial to fully understand and acknowledge the associated risks before trading CFDs. Consider your financial situation, investment goals, and risk tolerance before making trading decisions. Past performance is not indicative of future results. Refer to our legal documents for a comprehensive understanding of CFD trading risks. | |
XTB International Limited IFSC Belize | 1:500 | 4.5 | 4.3 | $0 | xStation 5 | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 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. | |
Black Bull Group Limited FMA New Zealand | 1:500 | 4.4 | 4.2 | $0 | MT5, MT4, TradingView, cTrader, myFXbook, Zulutrade, BlackBull Trade | BlackBull Markets and its associated entities have access to provide over 26000 tradable instruments to clients across all our Trading Platforms. Black Bull Group Limited (trading name: BlackBull Markets) is a company registered and incorporated in New Zealand (Company Number 5463921, NZBN 9429041417799) located at Level 20, 188 Quay St Auckland 1010. Black Bull Group Limited is a registered Financial Services Provider (FSP403326). | |
Deriv (BVI) Ltd BVI FSC Virgin Islands, British | 1:1000 | 4.4 | 3.1 | - | MT5, cTrader, Deriv Trader, Deriv Go, Deriv Nakala, Deriv Bot, SmartTrader | 71% of retail investor accounts lose money when trading CFDs with this provider. | |
FxPro Global Markets Ltd SCB Bahamas | 1:200 | 4.4 | 3.6 | $0 | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% 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 money. (EU, UK) | |
Notesco (BVI) Limited BVI FSC Virgin Islands, British | 1:2000 | 4.4 | 4.0 | $50 | MT4 | Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. | |
Tickmill Ltd FSA Seychelles | 1:1000 | 4.4 | 4.0 | $100 | MT5, MT4, Tickmill Trader | Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Contracts for Difference (CFDs), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk. | |
Trademax Global Limited VFSC Vanuatu | 1:1000 | 4.4 | 4.1 | $100 | MT4, MT5, TMGM Mobile App, HubX | 80.26% of retails CFD accounts lose money. | |
XM (SC) Limited FSA Seychelles | 1:1000 | 4.4 | 3.1 | $5 | MT5, MT4, XM Web Platform, XM Mobile App | Forex and CFD trading involves significant risk to your invested capital. | |
ActivMarkets Ltd FSCM Mauritius | 1:1000 | 4.3 | 3.4 | $0 | MT5, MT4, ActivTrader, TradingView | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 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. | |
AT Global Markets Intl Ltd FSCM Mauritius | 1:500 | 4.3 | 3.2 | $50 | MT4, MT5, ATFX Trading App | Trading Foreign Exchange (Forex) and Contracts for Differences (CFDs) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. | |
IUX Markets (MU) LTD FSCM Mauritius | 1:3000 | 4.3 | 4.9 | $30 | MT5, IUX Web Trade, IUX App Trade | This website is not designed to encourage or promote trading activities. Please note that leveraged margin trading and binary options carry significant risks, including the potential for rapid financial losses. | |
Just Global Markets Ltd FSA Seychelles | 1:3000 | 4.3 | 4.4 | $10 | MT5, MT4, JustMarkets App | Your capital is at risk. | |
Royal CM Limited VFSC Vanuatu | 1:1000 | 4.3 | 3.5 | $0 | MT4, MT5 | Your capital is at risk. | |
Plus500AU Pty Ltd FMA New Zealand | 1:30 | 4.3 | 3.3 | $100 | Plus500 Web Platform, Plus500 Mobile App | CFD Service, 81% 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 | |
PU Prime Ltd FSCM Mauritius | 1:1000 | 4.3 | 3.6 | $20 | MT5, MT4, PU Prime App, PU Web Trader, PU Copy Trading | Trading Contracts for Difference (CFDs) involves a high level of risk and may not be suitable for all traders. | |
Zenfinex Global LLC FSA Seychelles | 1:2000 | 4.3 | 3.4 | $9 | MT5, MT4, Taurex Trading App, Brokeree, Pelican | Trading in financial instruments carries a high level of risk and may not be suitable for all investors. The value of your investments may fluctuate and you may lose all of your invested capital, especially due to leverage. | |
YWO (CM) Ltd MISA Comoros | 1:1000 | 4.3 | 4.4 | $10 | MT5 | Trading our products involves margin trading and carries a high level of risk, including the potential loss of your entire capital. These products may not be suitable for all investors. You should fully understand the risks involved before trading. | |
DB Invest Limited FSA Seychelles | 1:1000 | 4.2 | 2.3 | $50 | MT5, DB Investing App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Errante Securities (Seychelles) Ltd FSA Seychelles | 1:1000 | 4.2 | 3.6 | $50 | MT5, cTrader, MT4, TradingView, Errante App | FX and CFDs trading involves a high risk of loss | |
Central Clearing Ltd MISA Comoros | 1:1000 | 4.2 | 4.4 | $0 | MT4, MT5 | Trading in Forex and Contracts for Difference (CFDs), which are leveraged products, is highly speculative and involves substantial risk of loss. It is possible to lose all the initial capital invested. Therefore, Forex and CFDs may not be suitable for all investors. Only invest with money you can afford to lose. So please ensure that you fully understand the risks involved. | |
Gleneagle Securities Pty Limited VFSC Vanuatu | 1:2000 | 4.2 | 4.0 | $50 | MT4, MT5, FXT WebTrader, FXTrading App | Any advice included in this website or correspondence is general advice only and is based solely on consideration of the investment or trading merits of the financial products alone, without taking into account the investment objectives, financial situation and particular needs (i.e. financial circumstances) of any particular person. Before making an investment or trading decision based on the advice, the recipient should carefully consider the appropriateness of advice in light of his or her financial circumstances and should carefully review the Product Disclosure Statement regarding the relevant financial product as provided by your investment broker. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. When acquiring derivative products, you have no entitlement, right or obligation to the underlying financial asset. | |
Mitrade International Ltd FSCM Mauritius | 1:200 | 4.2 | 3.8 | $20 | Mitrade Trading Platform, Mitrade Mobile App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% 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. | |
First Interstellar Global Ltd FSA Seychelles | 1:500 | 4.1 | 3.2 | $0 | MT4, MT5, FISG App | Forex and CFD trading involve a significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure. Trading foreign exchange and leveraged financial products has high risks and may cause you to lose your principal. You should not take the risk of loss more than you can afford and please ensure that you fully understand the risks involved. Trading leveraged products is not suitable for all investors. Trading unleveraged products such as shares also involves risk as the value of shares can go down as well as up, meaning you may get back less money than you originally invested. Past performance is no guarantee of future results. Before trading, please consider your level of experience, investment objectives and seek independent financial advice if necessary. It is the customer’s responsibility to ensure that the legal requirements of his/her country of residence allow him/her to use the services provided by the Interstellar Financial Group Limited. | |
Exinity Limited FSCM Mauritius | 1:3000 | 4.1 | 3.1 | $100 | MT5, MT4, FXTM Trader App | Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/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. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence. | |
TIO Markets Ltd MISA Comoros | 1:1000 | 4.1 | 3.8 | $20 | MT4, MT5 | Trading on margin comes with a high risk of losing money rapidly due to leverage. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money. Never deposit more than you are prepared to lose. | |
Alchemy International Ltd FSA Seychelles | 1:500 | 4.0 | 3.2 | $1000 | MT4, MT5, TradingView | All instruments offered by Alchemy Markets are traded as CFDs. We offer only commission-free trading on Forex, Indices, and Metals for Classic, Premier and Demo accounts. For more information on our charges on other account types and products including Crypto CFDs and Stock CFDs, you can visit our product pages and sheets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with us. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Trade Set Go Ltd FSA Seychelles | 1:400 | 4.0 | 4.5 | $96 | TSG Trade Web, TSG Trade Mobile App, MT5 | Trading in CFDs, involves a high level of risk. 77.95% of retail investor accounts lose money when trading CFDs with this provider. It is possible to lose all your invested capital. Such financial products may not be suitable or allowed for you, and you should consider such restrictions and whether you understand how CFDs work and all the risks involved. | |
4xCube Ltd FSC CA Cook Islands | 1:500 | 3.9 | 3.6 | $50 | MT5, MT4 | Online trading with margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. The products are intended for retail, professional and eligible counterparty clients. For clients who maintain account(s) with 4XC, retail clients could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds and professional clients could sustain losses in excess of deposits. Prior to trading any products offered by 4XC, any affiliates of aforementioned firms, or other firms within 4XC of companies [collectively the “4xCube Ltd”], carefully consider your financial situation and experience level. 4xCube Ltd may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. 4xCube Ltd assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on 4xCube Ltd websites prior to taking further action. | |
MAIV Limited FSA Seychelles | 1:2000 | 3.9 | 3.5 | $50 | MT5, Rock-West App | CFDs are Leveraged Financial Instruments, and trading them carries a high level of risk. It is possible to lose all your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Past performance is not a reliable indicator of future performance. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs and/or any other financial instruments. Please read our full Risk Disclosure policy and the Client Agreement. | |
Evalanch Ltd FSA Seychelles | - | 3.9 | 3.9 | $10 | MT5 | “Contract for Differences” (CFDs) are usually leveraged products. Trading Over-The-Counter (OTC) CFDs related to commodities, Forex, Indices and Shares, carries a high level of risk and can result in the loss of all of your investment. As such, CFDs may not be appropriate and/ or suitable for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should be aware of all the risks associated with OTC CFDs trading, and seek advice from an independent and suitably licensed financial advisor. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. General information and/ or recommendations provided by the Company should not be interpreted as investment advice. For more information please visit our General Risk Disclosure Policy. Disclaimer: Information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. | |
Versus Trade Ltd FSCM Mauritius | 1:2000 | 3.8 | 4.3 | $10 | MT5 | It is hereby warned that engagement in the trade of CFDs and/or other services are accompanied by considerable risk and the potential loss of funds and under no circumstances shall Versus Trade be held liable for such. Access to this website is made with clear understanding of the risks. No element present on this website shall be interpreted as investment advice or invitation to engage in services. | |
Equitex Capital Limited FSA Seychelles | 1:500 | 3.6 | 3.0 | $100 | MT5 | Over-the-counter derivatives are complex instruments and come with a high risk of losing your initial capital rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the- counter derivatives carries significant risks and is not suitable for all investors. | |
TradeSmart Capital Limited | 1:2000 | 3.3 | 4.5 | $50 | MT5 | Trading Forex and CFDs carries a high level of risk to your capital, and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. | |
DuraMarkets Ltd MISA Comoros | 1:500 | 3.2 | 3.9 | $10 | MT5, MT4 | CFDs and margin trading carry a very high degree of risk. You must be prepared to sustain a total loss of any funds deposited with us, as well as any additional losses, charges, or other costs we incur in recovering any amount due from your end, in the course of trading. Hence, you should ensure that you’ve fully understood the risks involved and invest the amount that you are willing to lose. |
This guide covers brokers that accept clients from New Zealand. For the full ranking across all countries, see our best forex brokers worldwide.
Best Forex Brokers in Other Countries in Oceania
Each guide ranks the brokers we tested that accept clients in that country, under its own regulation.
| Oceania |
| Best Forex Brokers in Australia |
Not from New Zealand? See the best forex brokers worldwide or all our country guides.
Where to Go Next
More of our best-broker guides, grouped by what you trade, the platform you use, how you trade and where you trade from.
What you trade
Platforms
How you trade
All the Brokers We Tested
See a list of all the brokers we tested and considered for this guide
4XC
3.9
ActivTrades
4.3
ADSS
4.3
AMarkets
4.0
Anzo Capital
3.6
ATFX
4.3
AvaTrade
4.5
Bullwaves
3.6
Capital.com
4.5
DB Investing
4.2
Deriv
4.4
DLSM
3.7
Doto
4.0
DuraMarkets
3.2
Elev8
4.2
Errante
4.2
eToro
4.2
eToro US
4.3
Exness
4.6
FISG
4.1
FP Markets
4.6
FP Trading
4.2
FXCC
4.2
FxPro
4.4
FXT
4.2
FXTM
4.1
Hantec
4.5
Headway
4.1
IC
4.8
iFOREX
4.2
IG
4.7
IronFX
4.4
IUX
4.3
JustMarkets
4.3
Libertex
4.3
LiteForex
3.9
Mitrade
4.2
OANDA
4.4
OANDA US
4.3
OneRoyal
4.3
Pepperstone
4.7
Plus500
4.3
Plus500 US
4.5
PrimeXBT
4.3
PU Prime
4.3
Rock-West
3.9
Spreadex
4.5
STARTRADER
4.5
Swissquote
4.3
tastyfx
4.4
Taurex
4.3
TenTrade
3.9
Tickmill
4.4
TIOmarkets
4.1
TMGM
4.4
Trade Set Go
4.0
TradeSmart
3.3
Trading 212
4.2
Trading.com
4.3
Vantage
4.6
Versus Trade
3.8
VT Markets
4.5
XM Group
4.4
XTB
4.5
YWO
4.3
Update History
Oct 21, 2026 · Ola Alder
We added links to our forex broker guides for other countries.
Sep 11, 2026 · Jitan Solanki
We moved the page to our new template, adding a summary card, a compare table of all listed brokers, a list of every broker we tested, and this update history.
Jul 20, 2026 · Ola Alder
We removed the "How to Choose a Forex Broker in New Zealand?" section.
Feb 22, 2026 · Jitan Solanki
We removed TMGM from the list and the FAQ section, and made IG our Best Overall pick.
Nov 27, 2025 · Dan Blystone
We removed the "Our Methodology" section.
Dec 26, 2024 · Ola Alder
We removed PFD from the list.
Sep 8, 2024 · Ola Alder
We made Plus500 our Best Trading Platform pick.
We change this page's date only for a material change, logged here. Typo fixes never change the date.
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About the Authors
Christopher LewisBroker Analyst
Christopher Lewis is an experienced trader and technical analyst specializing on currencies, indices, and commodities. He also has been working as a proprietary trader for institutional accounts. Chris has been an FXEmpire analyst since the site's early days and shares his trading insights on his own blog, The Trader Guy. His sharp, practical understanding of the trading industry means he knows forex and CFD brokers inside-out, so you can trust his guidance on how they work and which one to choose.
Amy JonesFinance Editor
Amy leads the prop trading area at FXEmpire, collaborating closely with industry experts to deliver insightful and trustworthy reviews. Her work ensures that readers gain transparent, reliable guidance in navigating the fast-evolving world of proprietary trading firms.
Aviva GurevichSenior Content Editor
Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.