New Zealand Forex brokers
Forex Regulation in New Zealand
In New Zealand, there are 3 well known institutions: FSPR, FSCL and FMA, but neither of them acts as a regulatory body for New Zealand brokers in the FX market.
Although brokers are required to follow a simple registration procedure in order to provide financial services, it’s fair to say that Forex trading in New Zealand so far is not fully supervised by any regulatory institution.
Financial Service Providers Register (FSPR) – is a government business registry, where entities providing financial services are required to register. All NZ Forex brokers are registered with FSPR.
New Zealand Forex brokers list:
1
Min. Deposit
$50
Exclusive promotion
Leverage
30:1
New accounts
Spreads
0.8
PIPs
Regulations
CIMA, NFA, CFTC
Forex Pairs
300+
No Fee
Pros:
Competitive spreads with EUR/USD as low as 0.8 pips
Trade on over 80 currency pairs with sophisticated trading tools
Trade 24 hours a day, 5 days a week with a global market leader
Payment methods
Debit Card, Bank Wire, ACH, Credit Card, PayPal
Full regulations list:
CIMA, NFA, CFTC, FCA, IIROC, ASIC, FFA Japan, MAS, SFC of Hong Kong
2
Min. Deposit
$10
Exclusive promotion
Leverage
500:1
New accounts
Spreads
0.8
PIPs
Regulations
Forex Pairs
165+
No Fee
Pros:
The broker offers access to a trusted MetaTrader trading system.
Pricing is ensured to be completely transparent, also providing accuracy and speed.
Payment methods
Credit Card, Debit Card, Visa, Bitcoin
Full regulations list:
3