Trading platforms in New Zealand: entities, licences & costs
Which platforms accept New Zealand clients, the exact legal entity that opens your account, register-checked licence numbers and real costs — ranked by our published method, commission weighted 0%.
17 of the 20 platforms in our database accept New Zealand clients. We've mapped 11 of them to the specific legal entity that onboards a New Zealand client: 11 route New Zealand clients through an offshore (tier-3) entity — which changes your compensation cover and complaint route. The table below lists 6 register-checked licence numbers so you can verify each firm yourself (FSA Seychelles, CIMA, FSA (Seychelles), FSC). On the numbers, the lowest all-in cost option here is IC Markets, and the highest leverage available to New Zealand traders is 2000:1 (RoboForex).
Regulator
FMA
Offering CFDs or margin FX to NZ retail clients requires an FMA Derivatives Issuer licence — one reason many global brands simply do not serve NZ retail clients. Opening an account abroad is not itself an offence for a resident, but check the FMA register first.
Leverage rules
New Zealand has not imposed an EU-style blanket retail leverage cap — licensed issuers set their own leverage and offered levels vary widely. Check the FMA's current settings and the issuer's terms before trading.
Common deposit methods
POLi, Card, Online banking transfer
Which legal entity onboards a New Zealand client
The brand you see isn't always the entity on your client agreement. These are the entities our checks map to New Zealand clients, with the licence number to verify on the official register. 11 here route you offshore — protection differs.
Entity mapping from our register checks — shown to illustrate how the onboarding entity shifts by country. Yours may differ; always confirm the legal entity on the signup screen and the official register before depositing. Informational only, not financial advice.
Trading costs for New Zealand traders
Lowest all-in cost on our scan: IC Markets. Indicative figures — verify the live schedule before funding.
| Platform | All-in cost | Spread from | Commission | Min deposit | Withdrawal | Max leverage |
|---|---|---|---|---|---|---|
| IC Markets | $···· | 0 pips | $7/lot | $200 | Same – next day | 500:1 |
| FP Markets | $···· | 0 pips | $6/lot | $100 | Within 1 day | 500:1 |
| Exness | $···· | 0 pips | $7/lot | $10 | Often instant | Unlimited |
| Tickmill | $···· | 0 pips | $6/lot | $100 | Same – next day | 1000:1 |
| Blueberry Markets | $···· | 0 pips | $7/lot | $100 | Same – next day | 500:1 |
| ThinkMarkets | $$··· | 0 pips | $7/lot | $0 | 1–2 days | 500:1 |
| Vantage Markets | $$··· | 0 pips | $6/lot | $50 | Same – next day | 500:1 |
| VT Markets | $$··· | 0 pips | $6/lot | $100 | Same – next day | 500:1 |
| Eightcap | $$··· | 0 pips | $7/lot | $100 | 1–2 days (same-day cut-off) | 500:1 |
| Axi | $$··· | 0 pips | $7/lot | $0 | 1–3 days (bank transfers) | — |
| RoboForex | $$··· | 0 pips | $4/lot | $10 | Within hours | 2000:1 |
| PU Prime | $$··· | 0 pips | $7/lot | $50 | Reported instant | 1000:1 |
| StarTrader | $$··· | 0 pips | $6/lot | $50 | Within 24h | 500:1 |
| LiteFinance | $$··· | 0 pips | $5/lot | $50 | Within 24h | 1000:1 |
| FXTM | $$$·· | 0.1 pips | $4/lot | $10 | Same – next day | 1000:1 |
| IG | $$$·· | 0.6 pips | — | $250 | 1–3 days (method-dependent) | Varies by entity |
| XM | $$$·· | 1.6 pips | — | $5 | 1–2 days | 1000:1 |
17 platforms available in New Zealand
Why this fits: Onboarded via Raw Trading Ltd (trading as IC Markets Global) (FSA Seychelles) · Max leverage here: 500:1
Why this fits: Accepts New Zealand clients · Max leverage here: 500:1 · Verify the account entity at signup
The FTSE-100 original — 17,000+ markets since 1974; entity and products vary sharply by country.
Why this fits: Accepts New Zealand clients · Max leverage here: Varies by entity · Verify the account entity at signup
Why this fits: Onboarded via Exness (SC) Ltd (FSA Seychelles) · Max leverage here: Unlimited
Why this fits: Accepts New Zealand clients · Max leverage here: 500:1 · Verify the account entity at signup
Why this fits: Onboarded via Vantage International Group Limited (CIMA 1383491) · Max leverage here: 500:1
Low-cost multi-entity broker favoured by scalpers and EAs; licences and protection vary by country.
Why this fits: Onboarded via Tickmill Ltd (FSA (Seychelles)) · Max leverage here: 1000:1
Why this fits: Accepts New Zealand clients · Max leverage here: 1000:1 · Verify the account entity at signup
Why this fits: Accepts New Zealand clients · Max leverage here: 500:1 · Verify the account entity at signup
Why this fits: Onboarded via VT Markets Ltd (FSC GB23202269) · Max leverage here: 500:1
Why this fits: Onboarded via Eightcap Global Limited (SCB SIA-F220) · Max leverage here: 500:1
Why this fits: Onboarded via AxiTrader LLC (FSA (SVG)) · Max leverage here: —
Why this fits: Onboarded via XM Global Limited (FSC Belize) · Max leverage here: 1000:1
Why this fits: Onboarded via RoboForex Ltd (FSC 000138/7) · Max leverage here: 2000:1
A multi-entity CFD broker with education resources, webinars, broad market access and copy trading availability. Entity, leverage and product terms should be verified before depositing.
Why this fits: Onboarded via PU Prime Limited (FSA SD050) · Max leverage here: 1000:1
Why this fits: Onboarded via STARTRADER Financial Markets Limited (FSC GB24203371) · Max leverage here: 500:1
Why this fits: Accepts New Zealand clients · Max leverage here: 1000:1 · Verify the account entity at signup
We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.
Trading in New Zealand — questions
Which legal entity will onboard me as a New Zealand client?
Across the platforms that accept New Zealand clients, accounts are opened through entities under FSA Seychelles, CIMA, FSA (Seychelles), FSC, SCB, FSA (SVG), FSC Belize, FSA. 11 route New Zealand clients through an offshore (tier-3) entity — protection differs there. Local oversight is typically FMA. Always confirm the licence on the official register before depositing.
Which platform has the lowest cost in New Zealand?
Of the 17 platforms available to New Zealand traders, IC Markets has the lowest all-in cost on our scan (spreads from 0 pips, $7/lot commission, $200 minimum). Costs change with account type and instrument — verify the live schedule before funding.
What leverage can I use in New Zealand?
The highest leverage available to New Zealand traders among these platforms is 2000:1 (RoboForex). New Zealand has not imposed an EU-style blanket retail leverage cap — licensed issuers set their own leverage and offered levels vary widely. Check the FMA's current settings and the issuer's terms before trading. Higher leverage increases both potential gains and losses.
How does Clarytrade pick these platforms?
We rank by our published 8-criteria method, filter to platforms that accept New Zealand clients, resolve the specific legal entity that would open your account, and weight affiliate commission at 0%.