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Risk·77–82% of retail CFD accounts lose money. Trade only with capital you can afford to lose.
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Stockbrokers2026

Brokers by Country · NZ

Stock Brokers in New Zealand, 2026

Tracked byUpdated

New Zealand has a small but well-regulated retail derivatives segment. CMC Markets, IG and Tiger Brokers hold FMA Derivative Issuer licences; many smaller "FSPR-registered" entities are not equivalently supervised, and the FMA has repeatedly warned residents about offshore brands that misuse FSPR registration as a marketing badge.

4 / 4 brokers accept New Zealand

stock

  1. Editorial top pick

    01Deriv

    BVIMFSA
    Open account at Deriv →
    Avg spread
    0.70pip
    editorial estimate
    Cost / lot
    $7.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000

    $5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill

    Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product category
    PlatformsMetaTrader 5, Deriv X

    Founded in 1999 · Verified Jun 1, 2026

    Full Deriv details →

  2. 02XM Group

    ASICCySECIFSC
    Open account at XM Group →
    Avg spread
    1.30pip
    midpoint of broker range
    Cost / lot
    $13.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000

    $5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list

    Fits ifYou want the lowest-friction entry in our list — $5 minimum deposit
    PlatformsMetaTrader 4, MetaTrader 5, Web Trader

    Founded in 2009 · Verified Jun 1, 2026

    Full XM Group details →

  3. 03Libertex

    SVG FSA
    Open account at Libertex →
    Avg spread
    0.50pip
    midpoint of broker range
    Cost / lot
    $5.00
    no commission
    Min deposit
    $10
    Max leverage
    1:999
    Libertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.

    $10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight

    Fits ifYou have $10 to start — one of the lowest entry minimums in our list
    PlatformsMetaTrader 4, MetaTrader 5, Libertex Platform

    Founded in 1997 · Verified Jun 1, 2026

    Full Libertex details →

  4. 04RoboForex

    IFSC
    Open account at RoboForex →
    Avg spread
    0.20pip
    broker-published typical
    Cost / lot
    $6.00
    incl. $4 commission
    Min deposit
    $10
    Max leverage
    1:500
    IFSC Belize offshore only — ECN tier; separate Pro account reaches 1:2000

    ECN account: 0.2 typical + $4 round-turn ≈ $6/lot — among cheapest commission tiers in our list · IFSC Belize only — no tier-1 regulator, no FSCS-equivalent protection

    Fits ifYou're in a non-restricted, non-EU-focused jurisdiction and want ECN-style $6/lot pricing at a $10 entry minimum
    PlatformsMetaTrader 4, MetaTrader 5, R Stocks Trader

    Founded in 2009 · Verified Jun 1, 2026

    Full RoboForex details →

Country context

Regulator
FMA · Financial Markets Authority — derivative issuers must hold an FMA licence
Currency
NZD
Payment methods
POLiBank transferVisaMastercard
Tax

New Zealand has no specific capital gains tax, but forex and CFD trading profits are typically taxed as ordinary income at the trader's marginal rate (10.5% up to 39%) when conducted with profit-making intent. Frequency, scale and intention determine treatment under the Income Tax Act 2007.

Retail trading rules

The FMA does not impose ESMA-style leverage caps, but licensed Derivative Issuers must meet conduct-of-business standards, segregate client funds and provide a Product Disclosure Statement. Negative balance protection is not mandated but is offered by all major FMA-licensed brokers.

Frequently asked

Which brokers accept residents of New Zealand?+

4 of 4 brokers in our ranking accept New Zealand: Deriv, XM Group, Libertex, RoboForex.

Who regulates brokers for New Zealand?+

Primary regulator: FMA — Financial Markets Authority — derivative issuers must hold an FMA licence.

What payment methods are available?+

Common methods: POLi, Bank transfer, Visa, Mastercard.

What are the tax rules for trading in New Zealand?+

New Zealand has no specific capital gains tax, but forex and CFD trading profits are typically taxed as ordinary income at the trader's marginal rate (10.5% up to 39%) when conducted with profit-making intent. Frequency, scale and intention determine treatment under the Income Tax Act 2007.

Scope of coverage

Brokers tracked
14
Regulators indexed
55
Regulator actions logged
2
Latest pricing verification
Jun 1, 2026

Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.