In New Zealand, just as in Australia, forex brokers are fully regulated and still allowed to offer traders far higher trading leverage than in most other Western countries. This makes New Zealand one of the best jurisdictions for forex traders world-wide, particularly for EU-based traders looking to trade with a high leverage broker. High leverage forex brokers in New Zealand typically offers trading leverage of up to 1:500.
Forex brokers operating out of New Zealand are required to be regulated by the New Zealand Financial Markets Authority (FMA) if they offer their services within the country. For forex brokers that only offer their services overseas, however, simply registering with New Zealand’s Financial Service Providers Register (FSPR) is sufficient. Given New Zealand’s good reputation as a stable and well-functioning country, traders can rest assured that any high leverage forex broker they trade with will honor its obligations.