New Zealand is a dynamic hub for trading, offering well-regulated markets and diverse investment opportunities. The Financial Markets Authority (FMA) ensures a safe trading environment, making it a great destination for beginner traders. Whether you’re exploring stocks, Forex, crypto, or other financial instruments, New Zealand offers brokers tailored to your needs. Below is a guide to the top brokers in New Zealand for 2025.
Top Discount Brokers in New Zealand for 2025
Discount brokers focus on low fees and straightforward trading platforms, making them perfect for beginner traders who want to save on costs.
- Sharesies
- Strengths: Affordable fees, easy-to-use platform.
- Best for: First-time investors building portfolios.
- Hatch
- Strengths: Access to U.S. markets, low-cost trading.
- Best for: Beginners seeking global exposure.
- Stake
- Strengths: Fractional share trading, intuitive app.
- Best for: New investors with limited capital.
- ASB Securities
- Strengths: Reliable service, access to NZX stocks.
- Best for: Beginners focusing on local equities.
- Smartshares
- Strengths: Diverse ETFs, commission-free options.
- Best for: Long-term, cost-conscious investors.
Top Full-Service Brokers in New Zealand for 2025
Full-service brokers provide personalized support, including research, portfolio management, and advisory services, making them ideal for beginners who value guidance.
- Craigs Investment Partners
- Strengths: Tailored investment advice, robust research tools.
- Best for: Beginners seeking professional portfolio management.
- Forsyth Barr
- Strengths: Comprehensive advisory services, strong local presence.
- Best for: Investors focusing on diversified portfolios.
- JBWere
- Strengths: Personalized financial planning, wealth management services.
- Best for: High-net-worth beginners.
- Milford Asset Management
- Strengths: Expert fund management, accessible platforms.
- Best for: New traders seeking active management.
- FNZC (First NZ Capital)
- Strengths: Research-driven strategies, global market access.
- Best for: Traders requiring professional insights.
Top Forex Brokers in New Zealand for 2025
Forex trading is growing in New Zealand, and regulated brokers offer tools and platforms suitable for beginners.
- CMC Markets
- Strengths: Tight spreads, beginner-friendly tools.
- Best for: First-time Forex traders.
- AvaTrade
- Strengths: Fixed spreads, comprehensive educational content.
- Best for: Learners exploring Forex trading.
- IG Markets
- Strengths: Advanced tools, reliable execution.
- Best for: Active traders focusing on currency pairs.
- Pepperstone
- Strengths: Competitive pricing, robust platforms.
- Best for: Beginners looking for low-cost Forex trading.
- Plus500
- Strengths: User-friendly interface, regulated operations.
- Best for: New traders wanting ease of use.
Top Crypto Brokers in New Zealand for 2025
Cryptocurrency trading is becoming increasingly popular in New Zealand, with brokers offering secure and accessible platforms.
- Easy Crypto
- Strengths: Localized platform, strong customer support.
- Best for: Beginners entering the crypto market.
- Binance
- Strengths: Extensive crypto options, low fees.
- Best for: Traders seeking variety.
- Kraken
- Strengths: Advanced security, user-friendly tools.
- Best for: Beginners focusing on crypto safety.
- Coinbase
- Strengths: Intuitive interface, excellent customer support.
- Best for: First-time crypto traders.
- BitPrime
- Strengths: Secure wallet options, local support.
- Best for: New Zealand traders valuing customer service.
Top Stocks Brokers in New Zealand for 2025
Stock brokers provide access to equities on the NZX and global markets, catering to both local and international traders.
- Sharesies
- Strengths: Low-cost investing, fractional shares.
- Best for: Beginners building diverse stock portfolios.
- Hatch
- Strengths: Seamless U.S. stock access, intuitive app.
- Best for: New Zealand traders seeking global equities.
- ASB Securities
- Strengths: Reliable platform, excellent customer support.
- Best for: Investors focusing on NZX-listed shares.
- Jarden Securities
- Strengths: Strong local research, advanced tools.
- Best for: Beginners needing guidance.
- Smartshares
- Strengths: Wide ETF selection, low fees.
- Best for: Long-term stock investors.
Top Options Brokers in New Zealand for 2025
Options brokers enable trading in derivatives, offering flexibility and strategic opportunities for traders.
- IG Markets
- Strengths: Comprehensive options tools, competitive pricing.
- Best for: Beginners exploring derivatives.
- CMC Markets
- Strengths: Advanced charting, intuitive platform.
- Best for: Learners testing options strategies.
- AvaTrade
- Strengths: Fixed spreads, robust educational materials.
- Best for: First-time options traders.
- Interactive Brokers
- Strengths: Global market access, low fees.
- Best for: Advanced beginners.
- Saxo Markets
- Strengths: Excellent research tools, flexible contracts.
- Best for: Traders needing variety.
Top CFD Brokers in New Zealand for 2025
CFD brokers allow traders to speculate on price movements without owning the underlying asset, offering flexibility and leverage.
- Plus500
- Strengths: User-friendly interface, wide asset coverage.
- Best for: Beginners exploring CFDs.
- IG Markets
- Strengths: Extensive CFD offerings, reliable platform.
- Best for: Active traders.
- CMC Markets
- Strengths: Advanced tools, competitive pricing.
- Best for: Technical traders.
- AvaTrade
- Strengths: Fixed spreads, strong customer support.
- Best for: Learners prioritizing stability.
- Pepperstone
- Strengths: Tight spreads, intuitive tools.
- Best for: New traders seeking fast execution.
Conclusion
New Zealand offers a diverse range of brokers to suit every trading style, from cost-conscious discount brokers to comprehensive full-service providers. Whether you’re interested in Forex, crypto, stocks, options, or CFDs, there’s a platform tailored for you. For beginners, selecting the right broker with strong educational tools and reliable customer support is essential to starting your trading journey successfully in 2025.