Best Forex Brokers in New Zealand (FMA Regulated)

For New Zealand residents, the Financial Markets Authority (FMA) regulates local derivatives issuers. We've ranked the best forex brokers serving Kiwis, evaluating FMA licensing, NZD base account availability, and local funding convenience.

#1

IC Markets

Trust Score: 97

Why they rank #1

IC Markets is the undisputed champion of raw execution quality. It is the default choice for professional retail traders, scalpers, and algorithmic traders who prioritize speed, cost-efficiency, and transparency above all else.

Min Deposit
$200
Spread From
0.0 pips
Execution
18ms
#2

Pepperstone

Trust Score: 95

Why they rank #2

Pepperstone's unique edge is platform diversity. It is the absolute best broker for traders who rely on TradingView for technical analysis but want ECN-style execution and Tier-1 regulatory protection.

Min Deposit
$0
Spread From
0.0 pips
Execution
24ms

How We Ranked This List

Every broker on this page was evaluated using our TrustMetrics™ 100-point scoring system. We analyze five critical areas: regulation quality (30 points), trading costs (25 points), platform and execution quality (20 points), deposit and withdrawal reliability (15 points), and customer support (10 points). Rankings are then adjusted based on specific category criteria.

For this particular category, we prioritized brokers with the strongest combination of trust, cost-efficiency, and platform quality relevant to this trading style.

Compare the Top Picks Side-by-Side

Still deciding? Compare any two brokers from this list head-to-head with our detailed comparison tool.

Compare IC Markets vs Pepperstone

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Frequently Asked Questions

Which is the best broker in new zealand (fma regulated)?

Based on our 2026 data analysis, IC Markets is the top-ranked broker for this category, featuring a trust score of 97/100 and extremely competitive trading conditions.

Are these brokers regulated and safe?

Yes, we prioritize brokers that hold top-tier regulatory licenses. For example, our top pick IC Markets is regulated by ASIC, CySEC, FSA.

How did you rank these brokers?

We compared all brokers against our proprietary TrustMetrics™ system, analyzing over 50 data points including real-time spreads, execution speed, minimum deposits, and regulatory compliance to find the absolute best options.