Best Forex Brokers in New Zealand for 2026
Top FMA-regulated forex brokers adapted to new 2026 retail leverage limits.
Written by
Emily Watson
Fact Checked by
David Okonjo
Top 5 Forex Brokers for NZ Traders in 2026
The New Zealand forex market in 2026 is defined by the FMA's new standard conditions for derivative issuers, introducing leverage caps aligned with global standards. This shift enhances safety for Kiwi retail traders. Our updated list features brokers holding a valid FMA license, ensuring local accountability and compliance.
Is forex trading regulated in NZ?
Yes, the Financial Markets Authority (FMA) regulates forex trading in New Zealand.
Key Features
Compare NZ broker features.
| Broker | ||
|---|---|---|
| BlackBull Markets | $3.00/lot | NZ$0 |
| CMC Markets | None | NZ$0 |
| IG New Zealand | None | NZ$300 |
| Pepperstone | $3.50/lot | NZ$0 |
| Saxo Markets | None | NZ$3000 |
Detailed Broker Analysis
NZ local ECN broker.
BlackBull Markets is a local New Zealand broker offering FMA regulation, raw spreads from 0.1 pips, and POLi instant payments.
FMA-regulated with NZ office.
CMC Markets has a local NZ presence with FMA regulation and their Next Generation platform.
World-class research and platforms.
IG New Zealand offers exceptional research, educational resources, and ProRealTime charting tools.
Best overall for NZ traders.
Pepperstone offers FMA registration with ultra-low spreads and POLi instant payments for New Zealand traders.
Premium multi-asset trading.
Saxo Markets provides premium multi-asset trading with 185 forex pairs and institutional-grade tools.
Frequently Asked Questions
Top Forex Brokers in New Zealand for
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Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.
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January 2026