Forex brokers in New Zealand are regulated by the country’s Financial Markets Authority (FMA). Although New Zealand is not known as a particularly popular jurisdiction for forex brokers, some brokers still use the country as a base for their Asia-Pacific activities. In addition to serving overseas clients, having a forex broker in New Zealand is also beneficial for serving local New Zealand forex traders.
New Zealand is a politically stable country with a strong legal framework based on English common law. It is therefore safe for traders to trade with New Zealand-registered forex brokers, and most brokers operating there are well-capitalized companies. In the unlikely event that any kind of dispute occurs between a forex broker in New Zealand and a trader, the trader is free to file a complaint with the Financial Markets Authority.