Brokers With NZD Accounts

Our tests show that these are the top 6 brokers that support NZD accounts:

1. Our top pick in Iran
   1

   BlackBull

   4.5/ 5

   Visit BlackBull Read review
   • Demo account
   • Regulator: FMA, FSA
   • Min. deposit: $0
2. 2

   Vantage

   4.7/ 5

   Visit Vantage Read review
   • Demo account
   • Regulator: FCA, ASIC, FSCA, VFSC, CIMA
   • Min. deposit: $50
3. 3

   FP Markets

   4.2/ 5

   Visit FP Markets Read review
   • Demo account
   • Regulator: ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya
   • Min. deposit: $0
4. 4

   Focus Markets

   3.6/ 5

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   • Demo account
   • Regulator: ASIC
   • Platforms: MT5, TradeLocker
5. 5

   TMGM

   3.4/ 5

   Visit TMGM Read review
   • Demo account
   • Regulator: ASIC, FMA, VFSC, FSA, FSC, CMA-Kenya
   • Platforms: MT4, MT5, TradingView, TradingCentral
6. 6

   Zacks Trade

   3.9/ 5

   Visit Zacks Trade Read review
   • Demo account
   • Regulator: FINRA, SEC
   • Min. deposit: $250

Learn how we test brokers and why you can trust our ratings.

Brokers With NZD Accounts Comparison

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

BlackBull

4.5/ 5

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After improving its trading infrastructure with Equinix servers in London, reducing latency for traders, BlackBull is an obvious choice if you want to day trade stock CFDs with ECN pricing. With competitive spreads and no commission on a growing roster of digital tokens paired with USD, BlackBull also works for active crypto traders.

BlackBull quick facts

Demo Account

✔Yes

Instruments

CFDs, Stocks, Indices, Commodities, Futures, Crypto

Regulator

FMA, FSA

Platforms

BlackBull Invest, BlackBull CopyTrader, MT4, MT5, cTrader, TradingView, AutoChartist

Minimum Deposit

$0

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, SGD

Pros

• BlackBulls’s research is superb, especially the daily ‘Trading Opportunities’ articles that break down complex market movements into easy-to-understand insights, making it simpler to capitalize on emerging trends.
• With two ECN-powered accounts (Standard and Prime), plus Prime+ - an active trader rewards program offering trading rebates - BlackBull accommodates beginners through to high-volume active traders.
• BlackBull offers every ingredient for day traders; fast execution speeds of <100ms and tight spreads from 0.0 pips.

Cons

• Unlike most top brokers, BlackBull charges an irritating $5 withdrawal fee, which can detract from the overall cost-effectiveness, especially for active traders who frequently move funds.
• Despite a growing selection of 2,180+ assets, including additions to its Asia Pacific indices, they are mainly stocks with an average selection of currency pairs and indices.
• Although the Education Hub now features improvements like webinars and tutorials, the courses we’ve explored need more focus on explaining the wider economic factors influencing prices.

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Vantage

4.7/ 5

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Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly.

Vantage quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds

Regulator

FCA, ASIC, FSCA, VFSC, CIMA

Platforms

ProTrader, MT4, MT5, TradingView, TradingCentral, DupliTrade

Minimum Deposit

$50

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, HKD, SGD, PLN

Pros

• The app was upgraded in 2026 with wider asset visibility bringing together balances across Contract, Copy, and Funding accounts on one screen
• Vantage maintains its high trust score thanks to its strong reputation and top-tier regulation from the FCA and ASIC
• It’s quick and easy to open a live account – taking less than 5 minutes

Cons

• A steep $10,000 deposit is needed for the best trading conditions, which include the $1.50 commission per side
• The average execution speeds of 100ms to 250ms are slower than alternatives based on tests
• It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection

Visit Vantage Vantage review

FP Markets

4.2/ 5

Visit FP Markets FP Markets review

FP Markets strikes an ideal balance between affordability and quality for active traders. They’ve managed to keep trading costs low while expanding their investment offering, charting tools, and research features, all while providing excellent support you can rely on for urgent trading queries.

FP Markets quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto

Regulator

ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya

Platforms

Iress, MT4, MT5, cTrader, TradingView, AutoChartist, TradingCentral

Minimum Deposit

$0

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

• FP Markets delivers fast and dependable support, available 24/5 with average response times of less than 1 minute during testing.
• AI-powered sentiment analysis, trading signals and real-time NewsIQ research, integrated with MT4 and MT5, has been added via FP Markets Intelligence.
• FP Markets has integrated top-notch research tools from Trading Central and Autochartist, helping traders identify short-term opportunities based on chart patterns, indicators, and other technical factors.

Cons

• Although Traders Hub provides rich research, notably the Daily Report, Technical Report, Market Insights, and Fundamental Analysis, it needs to widen its daily content variety and keep its forex news updated to match category leaders like IG.
• While pricing in the Raw account is excellent, spreads in the Standard account trail the cheapest brokers with a 1.1-pip average spread on the EUR/USD compared to the 0.8-pip average at IC Markets.
• FP Markets trails the best MetaTrader brokers, despite offering a Trader's Toolbox on MT4, just 130 instruments are available, limiting opportunities for serious traders, especially compared to Pepperstone with its 1,300 assets.

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Focus Markets

3.6/ 5

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Focus Markets is perfect for experienced active traders familiar with MetaTrader 5 or TradeLocker, offering flexible crypto transactions (USDT and BTC) and access to over 90 cryptocurrencies for seamless speculation, deposits, and withdrawals.

Focus Markets quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs

Regulator

ASIC

Platforms

MT5, TradeLocker

Minimum Deposit

$100

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, SGD

Pros

• Focus Markets’ MT5 and TradeLocker platforms delivered fast, seamless trade execution during testing with advanced charting, multiple timeframes, and useful tools like Depth of Market (DOM). The clean interfaces make navigation easy, while clear risk/reward ratios ensures precise trading.
• Focus Markets offers a huge suite of 130+ cryptos and crypto indices, providing short-term opportunities on high-reward, but high-risk assets.
• Focus Markets is regulated by ASIC – one of the most respected regulatory bodies in the financial industry, requiring safeguards like negative balance protection, ensuring eligible retail clients can’t lose more than their balance in volatile markets.

Cons

• Regulatory protection is a location lottery at Focus Markets – Australian traders benefit from strong ASIC oversight, but those using the SVGFSA-registered entity face limited recourse options in disputes.
• Focus Markets’ 24/5 support lacks direct phone help and unresponsive live chat, while email replies took a full business day during our latest tests. This slow support is a major drawback for active traders who need quick resolutions.
• Focus Markets still has a long way to go to compete with the best brokers - with virtually zero research tools and education, plus limited value-add features like VPS hosting, copy trading and swap-free accounts.

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TMGM

3.4/ 5

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TMGM is a great all-round choice thanks to its huge range of assets, diverse account types and platform choices, plus competitive pricing.

TMGM quick facts

Demo Account

✔Yes

Instruments

CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex

Regulator

ASIC, FMA, VFSC, FSA, FSC, CMA-Kenya

Platforms

MT4, MT5, TradingView, TradingCentral

Minimum Deposit

$100

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD

Pros

• Free VPS for automated trading
• Excellent platform support with MetaTrader 4, MetaTrader 5 and IRESS
• Low trading fees with spreads from 1 pip on the classic account and from zero with $7 round-turn commissions on the raw spread account

Cons

• Not a spotless regulatory record, with a 2024 ASIC action temporarily preventing it from opening new accounts
• $30 fee levied monthly on accounts which are inactive for 6 months or have a balance below $500
• Despite strong oversight in Australia, some offshore entities offer weaker regulatory safeguards and peace of mind

Visit TMGM TMGM review

Zacks Trade

3.9/ 5

Visit Zacks Trade Zacks Trade review

Zacks Trade will suit active day traders with experience using advanced trading software. Fees and margin rates are low while the market research is excellent.

Zacks Trade quick facts

Demo Account

✔Yes

Instruments

Stocks, ETFs, Options, Mutual Funds, Bonds, Warrants, IPOs

Regulator

FINRA, SEC

Platforms

Zacks Trade Pro (Desktop), Zacks Trader (Web), and Handy Trader (App)

Minimum Deposit

$250

Minimum Trade

$3

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, HUF

Pros

• The ability to place trades by phone with a human broker at no additional charge beyond the standard penny-per-share commission is a genuine rarity among discount brokers. Most competitors either don't offer this at all or charge a meaningful premium for it, making it one of the few features here that Zacks Trade genuinely owns.
• While Zacks Trade charges commissions that most competitors have eliminated, it wins back ground on borrowing costs. Its margin rates start at 8.83% — a figure that sits notably below what traders pay at the major household-name brokers — making it a practical choice for anyone who regularly carries leveraged positions overnight. The savings are modest on small balances but compound meaningfully for traders running larger margin books across a full year.
• Most brokers at this price point offer little beyond basic charts and a news ticker. Zacks Trade goes considerably further — standard accounts come with over 20 free research subscriptions, plus access to more than 80 additional paid options spanning providers like Morningstar, Dow Jones, Seeking Alpha, and Thomson Reuters.

Cons

• Most brokers have dropped stock and ETF trading to $0, making Zacks Trade's penny-per-share fee stand out. For casual traders, the cost is negligible, but a 10,000-share trade costs $100 in commission — and in a market where zero-commission alternatives are everywhere, that's a harder position to defend.
• Traders cannot access forex, cryptocurrencies, commodities, or futures — a meaningful gap for anyone trading across multiple asset classes. Given that the infrastructure runs through Interactive Brokers, which supports all of these, it feels like an artificial ceiling rather than a genuine platform limitation.
• The account-opening process is fully digital but overly complicated, with verification taking more than a week in some cases. Multiple document steps and an experience-assessment stage before approval make this one of the more tedious onboarding processes in retail brokerage, at a time when most competitors have it down to hours.

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