CFD & forex brokers in New Zealand are always overseen by the Financial Markets Authority (FMA) of New Zealand if they offer their services inside the country, and by the Financial Service Providers Register (FSPR) if they only offer their services outside the country. In general, all New Zealand-based CFD brokers are considered highly reliable and safe to trade with.
One thing to consider before signing up with a New Zealand CFD broker is their customer support opening hours. For traders based in Europe or the US, it’s important that the broker offers 24-hour customer service due to the large time difference between these places and New Zealand. With that said, however, it is clear that New Zealand-based CFD & forex brokers may be good alternatives to Australian or European brokers for many CFD traders.