CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

Broker Dossier

Financial Markets Authority (New Zealand)

Our tier
Tier 2
Jurisdiction
New Zealand
Public register
Open the official register

The Financial Markets Authority licenses derivatives issuers in New Zealand. Firms must also appear on the Financial Service Providers Register.

What it means for a retail trader

A derivatives issuer licence carries conduct, capital and client money obligations. Simple registration on the FSP Register is not the same as being licensed by the FMA, so check which one a firm actually holds.

How to check a firm

Search the firm’s legal name or licence number on the official register linked above. Confirm that the name, the number and the website on the register match the firm you are dealing with, and that its permissions cover the product you want to trade. Clone firms often borrow a real firm’s name and number but use a different web address.

Brokers in our database with a FMA licence

BrokerDossier ScoreEntity serving youMin. depositPlatformsActions
BlackBull Markets Founded 2014 28 BBG Limited FSA Seychelles #SD045 Tier 3 (offshore) $0 MT4MT5cTraderTradingView Review Visit site
CMC Markets Founded 1989 Listed 91 CMC Markets UK plc FCA #173730 Tier 1 $0 Own platformMT4TradingView Review Visit site
Plus500 Founded 2008 Listed 62 Plus500SEY Ltd FSA Seychelles #SD039 Tier 3 (offshore) $100 Own platform Review Visit site

Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.