Top Forex Brokers in New Zealand - Sept. 2022

Find the best Forex Broker for you & Start trading instantly!

Sept. 2022
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Top8forexbrokers.com is an independent professional comparison site that provides users with free and valuable information on leading Forex brokers. Top8forexbrokers.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.
RANK
BROKER
ADVANTAGES
MIN
DEPOSIT
SPREADS
FROM
OUR SCORE
MAX
LEVERAGE
REGULATION
SUPPORT
START
TRADING
1
Award-winning New Zealand Broker No fees on deposits
$200
0 PIPs
500:1
FMA (New Zealand), FSA
Pros
  • Segregated Accounts
  • Demo Account + Live Account
  • 64+ Forex Pairs, Index CFDs, Commodities
  • Derivative Issuer License issued by the Financial Markets Authority (FMA)
Cons
  • Limited to Regulated Jurisdictions
  • No Welcome Bonuses Available to New Traders
  • Restricted Number of Trading Tools and Resources
Platforms & Devices

MetaTrader 4 

MetaTrader 5

Webtrader

2
50% bonus on first deposit *up to $500 credit
$200
0.0 PIPs
500:1
ASIC (Australia), FCA (UK), CIMA (Cayman Islands), VFSC (Vanuatu)
Pros
  • Demo Trading
  • Tight spreads
  • 300+ financial instruments
  • 100% safety and security
  • MT4 and MT5 for Mobile, Mac and PC
Cons
  • Limited Financial Instruments
  • Limited Deposit/Withdrawal options
  • Limited Account Profiles (Just 1)
Platforms & Devices

ZuluTrade

DupliTrade

Vantage FX App

MetaTrader 4

MetaTrader 5

WebTrader

3
Deal Cancellation Within an Hour
$100
1 PIPs
30:1
CySEC, ASIC
Pros
  • CFD, Commodities, FX Pairs, Guest Account
  • Demo Account and Live Account
  • MT4 platform
  • Deal Cancellation feature 
Cons
  • Not accepting US clients
  • PayPal is not supported
Platforms & Devices
  • easyMarkets WebTrader
  • MetaTrader 4
  • easyMarkets Trading App
  • Vanilla Options Platform
4
Special 40% Bonus *up to 8K$
$100
0.6 PIPs
400:1
CBI (Ireland), ASIC, FSCA, IIROC, FSA, FFA, ADGM, FRSA
5
Internationally respected trading platform
$100
Variable
30:1
CySEC, FCA (UK), FSA, ASIC, FMA, FSP, MAS
6
Great support
$100
0.6 PIPs
300:1
CySEC, FSC, FCA, ASIC, FSCA
1
Award-winning New Zealand Broker
97
Excellent
2
50% bonus on first deposit
95
Excellent
3
Deal Cancellation
92
Great
4
Special 40% Bonus
90
Good
5
Internationally respected trading platform
88
Good
6
Great support
86
Good
Advertiser Disclosure
Top8forexbrokers.com is an independent professional comparison site that provides users with free and valuable information on leading Forex brokers. Top8forexbrokers.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.

Trading Forex in New Zealand: The Local Forex Market

New Zealand is a relatively new entrant into the retail Forex trading industry. Fortunately, it is a viable and thriving economy with huge demand for currencies. There are regulatory guidelines and frameworks in place in New Zealand which are designed to prevent financial abuse. Read More>>>

Latest Expert Reviews Summary:
"As an experienced trader, I've enjoyed working with easyMarkets. They offer great options and low spreads ."
Score: 9.5 Written on: 04.11.2017
Pros
  • CFD, Commodities, FX Pairs, Guest Account
  • Demo Account and Live Account
  • MT4 platform
  • Deal Cancellation feature 
Cons
  • Not accepting US clients
  • PayPal is not supported
"A buddy of mine recommended Plus500 to me and I've been very pleased with my service thus far"
Score: 9 Written on: 18.10.2017
Pros
  • 53 Forex pairs
  • Demo Trading Account
  • Tight spreads 
  • Internationally respected trading platform
Cons
  • No telephone number for support
  • MT4 Trading not supported 
  • No US traders allowed to trade on site
"As a UK resident I opened an account with Blackbull to benefit from higher leverage. The opening process is different from UK but still straightforward. Trading conditions are great and I withdrew money back to my card that funded the account also with no problems"
Score: 9 Written on: 21.03.2020 by Steve Wilks
Pros
  • Segregated Accounts
  • Demo Account + Live Account
  • 64+ Forex Pairs, Index CFDs, Commodities
  • Derivative Issuer License issued by the Financial Markets Authority (FMA)
Cons
  • Limited to Regulated Jurisdictions
  • No Welcome Bonuses Available to New Traders
  • Restricted Number of Trading Tools and Resources
How to Choose a Forex Broker?

Top8ForexBrokers.com helps you compare and choose your preferred Forex Broker. We suggest keeping the following checklist in mind when making your decision:

  • Is the Forex Broker regulated?
  • Account Details: Ideally, your broker should offer either a selection of account types or some element of customizability. Competitive spreads and easy deposits/withdrawals are good indicators too. 
  • Number of Currency Pairs offered: The variety of currency pairs on offer, as well as the quantity, should be considered (the more of both, the better).
  • Availability of Customer Service. 
  • Quality of the Trading Platform: look for a platform that is easy to use, straightforward and offers a collection of technical and analytical tools to enhance your trading experience. 

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