Best CFD Forex Brokers in New Zealand

Last updated September 2, 2026

The top regulated brokers offering CFD accounts to New Zealand traders — compared on spreads, fees, regulators, and minimum deposit.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated brokersLow spreadsFast withdrawals
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for New Zealand

#1
VT Markets
VT Markets
Review
#2
MultiBank
MultiBank
Review
#3
BlackBull Markets
BlackBull Markets
Review
Full Comparison
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Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Sep 2026

Our 2 top picks for CFD in New Zealand

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for CFD in New Zealand
VT Markets

VT Markets

Offers CFD
Min. deposit $50
  • Offers CFD
  • Regulated: ASIC, FSCA, FSC
  • Minimum deposit $50
ASIC, FSCA, FSC
#2 · Best alternative
MultiBank

MultiBank

Offers CFD
Min. deposit $50
  • Offers CFD
  • Regulated: SCA, VARA, ASIC, BaFin, FMA
  • Minimum deposit $50
SCA, VARA, ASIC, BaFin, FMA

Why these two

Both brokers here are confirmed to offer CFD for New Zealand traders — this list only includes brokers we've verified have this specific feature, not every broker that's generally popular in New Zealand.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.

What do CFD brokers actually cost New Zealand traders?

Across the 10 CFD brokers available to New Zealand traders on this page, the median researched EUR/USD spread is 0.1 pips, ranging from 0.0 to 1.5 pips, with 8 of those figures taken from the broker's own published specification.

CFD brokers for New Zealand traders

CFD trading from New Zealand gives you access to forex, indices, commodities, stocks, and crypto through a single broker account — without owning the underlying assets. Our current ranking starts with VT Markets where it is available, followed by MultiBank, BlackBull Markets, and Exness. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 10 brokers for New Zealand traders. The median minimum deposit across the listed brokers is $50 — low — most traders can start with a modest balance. Local oversight for New Zealand traders sits with FMA. Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. Oversight relevant to traders in New Zealand sits with FMA.

Country Offers

Available offers for New Zealand traders

Verified broker incentives that may be available in this market. We keep these below the core safety and pricing checks so the shortlist still feels editorial-first.

Browse All Promotions

Exness

FCA (UK)
Cashback / Rebate

Up to 90% Daily Spread Rebates

Earn up to 90% of spread/commission back daily via partner codes. Premier clients earn 200-600 EXD.

Verified Jun 15, 2026

VT Markets

ASIC
Welcome Bonus

100% Deposit Bonus + Free Telegram Signals

100% deposit bonus + free Telegram signals. Join @unshakabletraders — VT Markets registration link is pinned inside.

Verified May 24, 2026

BlackBull Markets

FMA (New Zealand)
Cashback / Rebate

Free TradingView + Refer-a-Friend $250

Free TradingView subscription on volume. Refer-a-friend: up to $250 for both. 100% deposit bonus.

Verified Jun 15, 2026
Free guide for

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Key Features

4 brokers · how we rank

Compare NZ broker features.

BrokerWithdrawalCommissionOpen timeUSDJPYRegulation & fundingAction
VT Markets4.8/5.0
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)$501-2 business days
ASIC (Australia)FSCA (South Africa)FSC (Mauritius)
MultiBank4.6/5.0
1.5 pips (Standard) | 0.0 pips + $3/lot (ECN)$5024 hours$3/lot (ECN)
SCA (UAE) 20200000031VARA (UAE) VL/24/06/001ASIC (Australia)
0.1NZ$01 business day$3.00/lotSame day0.2
No tier-1 licence listed
Exness4.8/5.0
0.0 pips (Raw) | 0.2 pips (Standard)$1Instant
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
Rank 01 · best overall
VT Markets4.8/5.0
Spread
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)
Min dep.
$50
Withdrawal
1-2 business days
Commission
Open time
USDJPY
ASIC (Australia)FSCA (South Africa)FSC (Mauritius)
Visit VT Markets Read review
Rank 02
MultiBank4.6/5.0
Spread
1.5 pips (Standard) | 0.0 pips + $3/lot (ECN)
Min dep.
$50
Withdrawal
24 hours
Commission
$3/lot (ECN)
Open time
USDJPY
SCA (UAE) 20200000031VARA (UAE) VL/24/06/001ASIC (Australia)
Visit MultiBank Read review
Rank 04
Exness4.8/5.0
Spread
0.0 pips (Raw) | 0.2 pips (Standard)
Min dep.
$1
Withdrawal
Instant
Commission
Open time
USDJPY
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
Visit Exness Read review

We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.

In-Depth Broker Analysis

Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

VT Markets logo
Our Rating
4.8/5.0
Best Fortraders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing
Min Deposit$50

VT Markets Review Summary

VT Markets is a multi-regulated broker with MT4, MT5, VT Markets App, WebTrader access, 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • 100% deposit bonus on first deposit (minimum deposit $50)
  • Raw ECN account with 0.0 pip spread potential
  • MT4 and MT5 available across desktop and mobile
  • Free Telegram signals funnel through Unshakable Traders
Cons
  • Entity, leverage, and protection level vary by country
  • Free signals are educational support, not profit guarantees
  • Traders still need to manage risk and verify terms before depositing
MultiBank logo
Our Rating
4.6/5.0
Best ForHigh-volume traders who confirm which specific MultiBank entity and licence covers their country
Min Deposit$50

MultiBank Review Summary

MultiBank is an ECN broker regulated by SCA (UAE) 20200000031, VARA (UAE) VL/24/06/001, ASIC (Australia), BaFin (Germany), FMA (Austria). Best suited to High-volume traders who confirm which specific MultiBank entity and licence covers their country. EUR/USD from 1.5 pips (Standard) | 0.0 pips + $3/lot (ECN), minimum deposit $50.

Pros
  • Real UAE SCA and VARA licences plus additional entity-specific regulators
  • Large claimed paid-up capital ($322M+)
  • Tight ECN commission ($3/lot)
  • Broad stock CFD selection (15,000+)
Cons
  • Marketing claims of '18+ regulators' are inflated — some versions of that count include non-trading registries
  • $60/month inactivity fee is aggressive
  • Website/account structure can be cluttered across its many entities
BlackBull Markets logo
Our Rating
4.5/5.0
Best ForNZ local ECN broker.
Min DepositNZ$0

BlackBull Markets Review Summary

BlackBull Markets is a local New Zealand broker offering FMA regulation, raw spreads from 0.1 pips, and POLi instant payments.

Pros
  • Regulation varies by entity
  • Minimum deposit: NZ$0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Exness logo
Our Rating
4.8/5.0
Best ForLow-cost traders, high-volume day traders & scalpers
Min Deposit$1

Exness Review Summary

Exness is a multi-regulated broker with MT4, MT5, Exness Terminal, Exness Trade App access, 0.0 pips (Raw) | 0.2 pips (Standard) on EUR/USD, and $1 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Ultra-tight spreads from 0.0 pips
  • Instant automated withdrawals 24/7
  • Unlimited leverage options
  • Free VPS for active traders
Cons
  • No cTrader or TradingView integration
  • Educational resources are relatively basic
  • Not available to US clients

Interested in free trade signals while you research brokers?

Our signal community runs on VT Markets partnership access. Here is the full offer and activation process.

Get Free Signals → Join @unshakabletraders

Join @unshakabletraders on Telegram — free signals, copy trading guide, and daily updates

Signals are provided free through our VT Markets partnership. Join the community and the registration link is pinned at the top.

Frequently Asked Questions About CFD Forex Brokers in New Zealand

Frequently Asked Questions

The best CFD brokers for New Zealand traders offer competitive spreads across multiple asset classes (not just forex), reliable NZD deposits, and strong regulation. All brokers on this page are verified for New Zealand availability.
When you buy a stock, you own a share of the company. When you trade a stock CFD, you speculate on price movement without ownership. CFDs allow leverage and short-selling, but carry higher risk and overnight financing costs.
Leverage varies by regulation and asset class. EU/UK/AU-regulated brokers offer up to 1:30 for forex, 1:20 for indices, 1:10 for commodities. Offshore brokers may offer 1:500+ but with less regulatory protection.
CFD trading is legal in most countries including New Zealand, though it is banned in the US and restricted in some markets. The brokers listed here accept New Zealand residents and hold valid licences.
Three cost components: (1) spread — the gap between buy and sell price; (2) commission — some brokers charge per-lot; (3) overnight swap — a financing charge for holding positions past the daily rollover. Day traders avoid swaps.
Forex (EUR/USD, GBP/USD), stock indices (S&P 500, NASDAQ, DAX), commodities (gold, oil), and cryptocurrency CFDs (Bitcoin, Ethereum). Multi-asset CFD brokers let you trade all of these from one account.
Forex trading in New Zealand: Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. The market is overseen by FMA. Verify your own eligibility with the broker before funding an account — rules can change and we date-stamp this page when they do.

Sources & References

  1. VT Markets
  2. Exness
  3. FP Markets
  4. Tickmill
  5. HFM
  6. Vantage

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Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.

Affiliate Disclosure:

BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.

Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.

How we measured this — CFD brokers for New Zealand traders

Across the 10 CFD brokers available to New Zealand traders on this page, the median researched EUR/USD spread is 0.1 pips, ranging from 0.0 to 1.5 pips, with 8 of those figures taken from the broker's own published specification.

median researched EUR/USD spread
0.1 pips
Brokers measured
10
Linked to broker spec
8 of 10
Data as of
2026-09-02

Figures compiled by BrokerAnalysis from each broker's own published specification where available, otherwise from our broker catalogue. Per-broker spreads, minimum deposits and regulators are listed in the comparison table on this page. Spreads are typical, not guaranteed, and change with market conditions.

Sources: vtmarkets.com · get.exness.help · fpmarkets.com · tickmill.com · hfm.com · vantagemarkets.com · axi.com · blackbull.com

What changes locally

  • Oversight relevant to traders in New Zealand sits with FMA.