Finding the best contract for difference (CFD) trading platforms as a Zealander can be a difficult process. Most especially getting the best CFD brokers that accepts Zealander traders and would let you trade with the highest leverage on the market. Don’t worry, we’ve got you covered!
We’ve compared the top best CFD brokers that would let you as a Zealander trader, trade Global stock CFDs, Forex CFDs, Stock index CFDs, Commodity CFDs and Metals and energy CFDs.
Here’s a breakdown of the top 10 best CFD brokers in New Zealand:
- XM – Best Overall CFD Broker In New Zealand.
- HotForex – Most Trusted Online CFD Broker.
- IQ Option – Best Broker For CFD Investors.
- IC Markets – Best CFD Broker With The Lowest Spreads.
- FXTM – Best Online Broker For CFDs Trading.
- eToro – Best CFD Broker For Copy Trading.
- Olymp Trade – Best CFD Broker For Online Trading.
- Alpari – Great For Dedicated CFD Day Traders.
- OctaFX – Award Winning International CFD Broker.
- ExpertOption – Best Reliable CFD Trading Platform.
Best CFD Brokers In New Zealand Video
Below is the list of all the best CFD brokers that accepts Zealander traders. We’ve also included the pros & cons of each CFD broker with links to the brokers official website.
XM Broker
Pros
- Regulated By ASIC, CySEC and IFSC
- Foundation Year: 2009
- Min. Deposit: $5
- Min. Trade: 0.01 Micro lots
- Max. Leverage: 1:888
- Lowest Spreads: 0.1 Pips on Currencies
- Trading Platforms: MT4, MT5, Android, iOS, Windows & Mac OS
- Zero Commission On All Trades
- A Solid Educational Offering For Beginner Traders With Daily Interactive Live Trading Rooms
- Great Customer Support & Fast Withdrawals
Cons
- No Forex ECN Account
HotForex Broker
Pros
- Regulated By CySEC, DFSA, FCA, FSA-SC, FSCA
- Foundation Year: 2010
- Min. Deposit: $5
- Min. Trade: 0.01 Lots
- Max. Leverage: 1:1000
- Lowest Spreads: 0.0 Pips on Currencies
- Trading Platforms: MT4, MT5, Android, iOS, Windows & Mac OS
- Commission-Free Trading Accounts Available
- Great Customer Support and Beginner Friendly
- Lots Of Premium MetaTrader Tools And Indicators Such as AutoChartist
Cons
- Only 56 Shares Are Available
IQ Option Broker
Pros
- Regulated By CySEC
- Foundation Year: 2013
- Min. Deposit: $50
- Min. Trade: $1
- Max. Leverage: 1:1000
- Lowest Spreads: 0.6 Pips on Currencies
- Trading Platforms: Android, iOS, Windows & Mac OS
- Margin Trading
- Beginner Friendly
Cons
- MetaTrader Or CTrader Platforms Not Offered
- Not The Highest Leverage On The Market
- Limited To Certain Jurisdictions
IC Markets Broker
Pros
- Regulated By ASIC, CySEC and FSA-SC
- Foundation Year: 2007
- Min. Deposit: $200
- Min. Trade: 0.01 Lots
- Max. Leverage: 1:500
- Lowest Spreads: 0.0 Pips on Currencies
- Trading Platforms: cTrader, MT4, MT5, Android, iOS, Windows & Mac OS
- Commission-Free Trading Available
- Raw Spread Accounts With Institutional Grade Liquidity Available
- Impressive Library Of Educational Material and Videos
Cons
- Beginner Traders May Be Overwhelmed By the Choice Of Markets and Platforms
FXTM Broker
Pros
- Regulated By CySEC, FCA and FSC
- Foundation Year: 2011
- Min. Deposit: $10
- Min. Trade: 0.01 Lots
- Max. Leverage: 1:1000
- Lowest Spreads: 0.3 Pips on Currencies
- Trading Platforms: MT4, MT5, Android, iOS, Windows & Mac OS
- Offers Both ECN and Standard Accounts
- Impressive Research and Education Services
Cons
- Traders From USA, Canada and Iran Not Welcomed
eToro Broker
Pros
- Regulated By ASIC, CySEC, FCA and MiFID
- Foundation Year: 2007
- Min. Deposit: $200
- Min. Trade: $1
- Max. Leverage: 1:30
- Lowest Spreads: 1.0 Pips on Currencies
- Trading Platforms: cTrader, Android, iOS, Windows & Mac OS
- Best Overall Copy Trading Broker
- Innovative Trading Platform
- Ability To Earn 2% Management Fee as an Investor Trader
Cons
- Does Not Have The MetaTrader Platform
Olymp Trade Broker
Pros
- Regulated By CySEC
- Foundation Year: 2014
- Min. Deposit: $10
- Min. Trade: $1
- Max. Leverage: 1:1000
- Lowest Spreads: 0.7 Pips on Currencies
- Trading Platforms: MT4, MT5, Android, iOS, Windows & Mac OS
- Extensive Asset Coverage
- European Regulation
- Beginner Friendly
Cons
- Limited To Certain Jurisdictions
Alpari Broker
Pros
- Regulated By FSC
- Foundation Year: 1998
- Min. Deposit: $5
- Min. Trade: 0.01 Lots
- Max. Leverage: 1:1000
- Lowest Spreads: 0.1 Pips on Currencies & 0 Pips on ECN Accounts
- Trading Platforms: MT4, MT5, Android, iOS, Windows & Mac OS
- Both ECN and Standard Accounts Available
- Access the Alpari Copy Trading Programme
- Wide Range Of Trading Accounts, Some Offering Commission-Free Trading
Cons
- Non-Existent Research Tools
- Traders From USA, Canada and Iran Not Welcomed
OctaFX Broker
Pros
- Regulated By CySEC
- Foundation Year: 2011
- Min. Deposit: $10
- Min. Trade: 0.01 Micro lots
- Max. Leverage: 1:500
- Lowest Spreads: 0.1 Pips on Currencies
- Trading Platforms: MT4, MT5, cTrader, Android, iOS, Windows & Mac OS
- Wide Range Of Trading Accounts
- Forex ECN Account Available
- Access Copy Trading, Bonus Promotions and Research Tools
Cons
- Limited Commodity Markets, No Individual Stock CFDs
ExpertOption Broker
Pros
- Regulated By FMRRC, VFSC, MiFID and CySEC
- Foundation Year: 2014
- Min. Deposit: $10
- Min. Trade: $1
- Max. Leverage: 1:500
- Lowest Spreads: 0.5 Pips on Currencies
- Trading Platforms: Android, iOS, Windows & Mac OS
- Extensive Asset Coverage
- European Regulation
- Best For Beginners
Cons
- MetaTrader Or CTrader Platforms Not Offered
- Not The Highest Leverage On The Market
- Limited To Certain Jurisdictions