10 Best Forex Brokers in New Zealand (Top List 2025)

Forex trading has gained immense traction as brokers in New Zealand have provided traders with easy access to global markets on their platforms. Forex brokers also offer several benefits, including high liquidity and volatility, leveraged trading, no trading restriction, and the opportunity to participate in the market at all times. Our comprehensive guide at WR Trading will help you discover the top ten Forex Brokers in New Zealand and help you engage in secure, legal, and safe trading.

As a New Zealand resident, you can read through the list from WR Trading and choose the traders that best suit you. We have chosen them based on features such as their services, their features, their accepted currency, and so on.

These are the Top 10 Forex Brokers for traders in New Zealand in 2025:

List of 10 Best Forex Brokers in New Zealand:

#1 BlackBull Markets 

BlackBull emerges as the first on our list at WR Trading because of the access to global trades with lightning-fast execution speed. We also selected this broker as it gives competitive spreads starting from 0.0 pips, multiple payment methods, and top trading platforms. BlackBull Markets offers over 26,000 tradeable instruments that can be traded without any minimum fee deposit. This makes it a perfect fit for beginners. Also, it is open to New Zealand traders.

Key Facts About BlackBull Markets:

Feature	Broker
Available in New Zealand	Yes
Account Types	ECN Standard, ECN Prime, ECN Institutional
Tradable Instruments	Forex, Cryptocurrency, Commodities, Metals, Equity Indices, Futures
Trading Platforms	MT4, MT5, TradingView, cTrader, Blackbull Invest, Blackbull CopyTrader
Regulation	FSA
Minimum Deposit	$0 (Standard), $2,000 (Prime), $20,000 (ECN Institutional)
Minimum Order	0.01 lot
Leverage	1:500, 1:30 (For New Zealand residents)
Spreads	From 0.8 pips (ECN Standard), 0.1 pips (ECN Prime), 0.0 pips (ECN Institutional)
Commission	$0 (Standard), $4 (ECN Institutional), $6 (ECN Prime) per round lot
Accepted Currency	USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, HKD, XAU, BTC, ETH
Transaction Options	Bank wires, credit/debit cards, Skrill, Neteller, China Union Pay, AstroPay, crypto, Beeteller, Boleto, Fasapay, FxPay, Help2Pay, Payment Asia, Poli, SEPA, Amex, HexoPay, Airtm

#2 FP Markets

We chose this as our second-best at WR Trading for various reasons. First, it is regulated by ASIC, CySEC, FSCA, ESMA, FSA and FSC, so you can be sure they are working under strict financial guidelines. Also, they offer robust trading platforms that feature solid execution and swift performance. New Zealand residents can trade on this platform.

Key Facts About FP Markets: 

Feature	Broker
Available in New Zealand	Yes
Account Types	Standard account and Raw account
Tradable Instruments	Forex, Cryptocurrencies, Shares, Indices, Metals, Bonds, Commodities, ETFs
Trading Platforms	MT4, MT5, cTrader, TradingView, WebTrader, FP Mobile App, IRESS
Regulation	CySEC, ASIC, FSCA, ESMA, FSA, FSC
Minimum Deposit	$100
Minimum Order	0.01 lot
Leverage	1:500
Spreads	From 0.0 pips (Raw Account), 1.0 pips (Standard Account)
Commissions	$0 (Standard), $3 (Raw Account) per Round Lot
Accepted Currency	AUD, CAD, CHF, EUR, GBP, HKD, JPY, INR, NZD, SGD, USD, PLN, BRL, NGN, ZAR, MXN
Transaction Options	Credit & Debit card, Neteller, Bank transfer, Skrill, Sticpay, ePay, Google Pay, Crypto, Apple Pay, Astro pay, Perfect Money, Online Banking, Bpay, Paypal

#3 Vantage Markets

The third on the list for WR Trading’s top 10 is Vantage Markets. This is another reliable and trusted international broker that offers exceptional service to its traders. Once you start trading on the platform, you can access dozens of charting tools and indicators across all platforms, allowing you to customize your trading experience. Vantage Markets is available to residents of New Zealand.

Key Facts About Vantage Markets:

Feature	Broker
Available in New Zealand	Yes
Account Types	Standard STP, Raw ECN, Pro ECN, Cent, Premium, Swap free
Tradable Instruments	Commodities, Forex, ETFs, Stocks, Gold, Silver, Oil, Bonds, Energies, Indices.
Trading Platforms	MT4, MT5, Vantage App, ProTrader, TradingView
Regulation	CIMA, VFSC, SIBL, ASIC
Minimum Deposit	$50 (Standard and RAW), $10,000 (Pro ECN)
Minimum Order	0.01 lot
Leverage	Up to 1:500
Spreads	From 0.0 pips (Raw ECN and Pro ECN accounts), From 1.0 pips (Standard STP and CENT accounts)
Commissions	$3 (Raw), $0 (Standard), $1.50 (Pro ECN) per round lot.
Accepted Currency	AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD
Transaction Options	Bank wires, credit/debit cards, BPAY, PoLi, Skrill, Neteller, Astropay, Fasapay, Domestic Fast Transfer, International EFT, China Union Pay, JCB, Broker-to-Broker Transfer, Pagsmile, Perfect Money, Thailand Instant Bank Transfer.

#4 RoboForex

The fourth posting on WR Trading’s list is RoboForex. It is an online broker founded in 2009 and registered with FSC Belize. Traders can choose different accounts that cater to different needs and trades. It is also open to New Zealand residents.

Key Facts About RoboForex:

Feature	Broker
Available in New Zealand	Yes
Account Types	Prime, ECN, R Stocks Trader, Pro, ProCent
Tradable Instruments	Commodities, Metals, Indices, ETFs, Stocks, Futures, Energies, Currencies
Trading Platforms	MT4, MT5, R Stocks Trader, R Mobile Trader, R WebTrader, MT 4 MultiTerminal
Regulation	FSC Belize
Minimum Deposit	$10 (Prime, ECN, Pro, ProCent), $100 (RStocksTrader)
Minimum Order	0.01 lot
Leverage	1:300 (Prime), 1:500 (ECN and R StocksTrader), 1:2000 (ProCent and Pro)
Spreads	0.0 pips (Prime, ECN), 0.01 pips (R Stocks Trader), 1.3 pips (Pro, ProCent)
Commissions	$0 (Pro and ProCent)Available (Prime, ECN, and R StocksTrader)
Accepted Currency	USD, EUR, GOLD
Transaction Options	Bank transfers, credit/debit cards, AstroPay, Skrill, Neteller, Perfect Money, STICPAY, QR and Vouchers

#5 Moneta Markets

At WR Trading, we trust Moneta Markets, and there’s a huge reason why. The brokerage company was built from the ground up to deliver a seamless, transparent, and low-cost online trading experience to traders from around the world. The company prides itself on over ten years of experience as an expert financial markets specialist and handles a monthly trading volume that averages $100 billion.

Key Facts About Moneta Markets:

Feature	Broker
Available in New Zealand	Yes
Account Types	Direct STP, Prime ECN, Ultra ECN
Tradable Instruments	Forex, Commodities, Indices, ETFs, Share CFDs, Bonds, Metals, Energy, Crypto CFDs, and Index CFDs
Trading Platforms	MT4, MT5, ProTrader, CopyTrader App, App Trader, MetaTrader App, MT4 WebTrader
Regulation	SLIBC, FSCA
Minimum Deposit	$50 (Prime and Direct), $20,000 (Ultra)
Minimum Order	0.01 lot
Leverage	1:1000
Spreads	From 0.0 pips (Prime ECN and Ultra ECN), 1.2 pips (Direct STP)
Commission	$1(Ultra), $3 (Prime)
Accepted Currency	USD, GBP, EUR, SGD, JPY, NZD, CAD, BRL, AUD, HKD
Transaction Options	Wire transfers, Debit/credit cards, PayPal, STICPAY, Neteller, Skrill, JCB, FasaPay

#6 Pepperstone

Pepperstone is the sixth on our list at WR Trading because it continues to present traders with an excellent array of trading options. It also continues to expand its market share on the crux of a well-balanced asset selection, high-speed trade execution, and competitive trading costs. It also accepts residents from New Zealand.

Key Facts About Pepperstone:

Feature	Broker
Available in New Zealand	Yes
Account Types	Razor, Standard
Tradable Instruments	Commodities, Metals, Currency Indices, Shares, Cryptocurrencies, Forex
Trading Platforms	MT4, MT5, cTrader, TradingView, Pepperstone Trading Platform, Pepperstone Mobile App
Regulation	ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Minimum Deposit	$0
Minimum Order	0.01
Leverage	1:400
Spreads	Raw (Razor), Variable (Standard)
Commissions	$3.5 per lot side (Razor account)
Accepted Currency	USD, EUR, GBP, AUD, CAD, CHF, JPY, NZD, SGD, HKD
Transaction Options	Visa, Mastercard, Bank transfer, Paypal, Neteller, Skrill, MPESA, Flutterwave

#7 IC Trading 

This is the seventh forex broker on our list and is globally recognized. With its headquarters in Australia, the brokerage is regulated by the FSC and has over 180,000 clients from 200+ countries. They also diverse payment methods for New Zealanders, from eWallets like PayPal, Neteller to the traditional options like Bank Wire Transfers.

Key Facts About IC Trading:

Feature	Broker
Available in New Zealand	Yes
Account Types	Raw Spread, cTrader Raw Spread, Standard, Islamic
Tradable Instruments	Forex CFD, Cryptocurrencies, Commodities, Gold, Indices, Stocks, Bonds
Trading Platforms	MetaTrader 4, MetaTrader 5, cTrader, WebTrader
Regulations	FSC
Minimum Deposit	$200
Minimum Order	0.01 lot
Leverage	From 1:1000
Spread	From 0.0 pips (Raw Account) and 0.8 pips (Standard Account)
Commissions	$3.5 (Raw MetaTrader), $3 (Raw cTrader), and $0 (Standard) per lot side
Accepted Currency	AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF
Transaction Options	Bank wires, credit/debit cards, PayPal, Neteller, and Broker to Broker.

#8 XM

The eighth on our list at WR Trading is XM. It is an internationally recognized forex and CFD broker with over 10 million traders in 109 million+ countries. Multiple financial bodies, including FSC Belize and CySEC, also regulate it. It is available for trading in New Zealand.

Key Facts About XM:

Feature	Broker
Available in New Zealand	Yes
Account Types	Micro Account, Standard Account, Ultra Low Standard Account, Shares account
Tradable Instruments	Forex, Cryptocurrencies, Commodities, Stocks, Futures, Energies, Metals, Turbo Stocks, Thematic Indices
Trading Platforms	MetaTrader 4, MetaTrader 5, XM Webtrader, XM Mobile App
Regulations	CySEC, FSC Belize
Minimum Deposits	$5 (Micro, Standard, Ultra Low Standard), $10,000 (Shares Account)
Minimum Order	0.1 lot (Ultra low standard account and Micro account), 0.01 lot (Standard account), 1 lot (Shares account)
Leverage	1:1000
Spread	From 0.8 pips (ultra-low Standard), 1.6 pips (Micro, Standard)
Commissions	Zero commission (Micro, Standard, Ultra low Standard), Available (Shares)
Accepted Currency	USD, EUR, GBP, JPY, CHF, ‎ AUD, HUF, PLN, SGD, ZAR
Transaction Options	Bank Wire Transfer, Neteller, Skrill, PayPal, FasaPay

#9 FBS

FBS is the ninth on our list at WR Trading. It is a suitable platform for New Zealand residents to trade on. The company prides itself on a solid presence in over 150 countries and has gathered the trust of many traders. It is also licensed in Belize, Australia and Cyprus and offers a wide range of tradable instruments, including shares, indices, currency crosses, commodities, and cryptocurrencies. 

Key Facts About FBS:

Feature	Broker
Available in New Zealand	Yes
Account Types	Cent Account, Standard Account
Tradable Instruments	Forex, Metals, Indices, Futures, Energies, Stocks
Trading Platforms	MT4, MT5, FBS App
Regulations	CySEC, FSC Belize, ASIC
Minimum Deposits	$5, but this may vary for different payment systems
Minimum Order	0.01 lot
Leverage	Up to 1:3000
Spread	From 0.7 pips
Commissions	From 0%
Accepted Currency	USD, EUR, XAU, MXN, JPY, CHF, GBP, CAD, AUD, NZD, TRY, SGD, ZAR, SEK
Transaction Options	Over 200+ payment methods. Bank wire transfers, bank cards, e-payment methods, and exchangers

#10 VT Markets

The last on our list at WR Trading is VT Markets. It is a reputable international brokerage that offers its clients various trading options. It is also well-regulated by ASIC, FSC Mauritius and FSCA. In addition, the broker is incorporated under the laws of St Vincent and the Grenadines, further enhancing its trustworthiness. It is open to New Zealand residents to trade on.

Key Facts About VT Markets:

Feature	Broker
Available in New Zealand	Yes
Account Types	RAW ECN account, Standard STP account
Tradable Instruments	Forex, Soft Commodities, Indices, ETFs, CFD Bonds, CFD Shares, Precious Metals, Energies
Trading Platforms	MT4, MT5, WebTrader, TradingView, VT Markets App
Regulations	ASIC, FSCA, FSC Mauritius
Minimum Deposits	$100
Minimum Order	0.01 lot
Leverage	1:500
Spread	From 0.0 pips (Raw ECN) and 1.2 pips (Standard STP)
Commissions	$6 (RAW ECN), $0 (Standard STP) per round turn
Acceptable Currency	AUD, USD, EUR, GBP, HKD and CAD.
Transaction Options	Unionpay transfer, Neteller, Skrill, Fasapay, Mobile pay, bank cards, EU bank, Vietnam Instant Bank Wire Transfer, Thailand Instant Bank Transfer

Is Forex Trading Legal in New Zealand?

Yes, Forex trading is legalized in New Zealand and is subject to the regulation of the Financial Markets Authority (FMA). This regulation monitors forex trading activities and ensures brokers comply with regulatory standards.

How Are Forex Brokers Regulated in New Zealand?

In New Zealand, Forex brokers are regulated by the Financial Markets Authority (FMA). Brokers must register as a Financial Service Provider (FSP), meet capital requirements, and adhere to Anti-Money Laundering (AML) and Know-Your-Customer (KYC) regulations. The FMA monitors brokers to ensure compliance with financial market laws and regulations.

Security of the Regulation 

The security of regulation in New Zealand is considered strong, as several measures are in place, including Financial Markets Authority (FMA) oversight, registration as a Financial Service Provider (FSP), Anti-Money Laundering (AML) and Know-Your-Customer (KYC) regulations, regular audits and monitoring, segregation of client funds, and compensation schemes.

How to Find Out if Your Forex Broker is Regulated in New Zealand

To find out if your Forex broker is regulated in New Zealand, visit the Financial Service Providers Register (FSPR) website. Here, you can search for the broker’s name in the register to confirm their registration status. Ensure that the broker’s details, including their name, address, and registration number, match the information on their website.

Additionally, you can visit the Financial Markets Authority (FMA) website to check if the broker appears on any warning lists or has faced enforcement actions. If you still need clarification, feel free to contact the FMA directly to inquire about the broker’s registration status.

How WR Trading Tested the Best Forex Brokers in New Zealand 

To choose the best trading brokers in New Zealand, we focused on the following key features:

• We chose brokers that accepted New Zealand residents 
• We selected transparent and reliable brokers 
• We focused on brokers which are regulated by the Financial Markets Authority 
• We selected brokers who had NZD as a withdrawal and deposit currency.
• We focused on brokers that had user-friendly and feature-rich platforms.

Supported Payment Methods for New Zealand Traders 

As sourced by WR Trading, some of the supported payment methods for New Zealand traders include:

• Visa
• MasterCard 
• PoLi
• Apple Pay
• Google Pay
• Zip
• After pay 
• PayPal 
• Skrill 
• Neteller
• American Express 

There are various payment methods available for forex trading. However, it’s essential to choose a method based on your needs and preferences.

Conclusion: Top 10 Forex Brokers Are Available In New Zealand

While many forex brokers in New Zealand offer a wide range of financial instruments, not all offer the same levels of accessibility, security, and reliability. Hence, traders need to use our list at WR Trading and consider the key factors highlighted in the guide. This is to ensure a lucrative and user-friendly experience.

Frequently Asked Questions on Forex Brokers in New Zealand