In New Zealand, forex & CFD brokers are regulated by the country’s Financial Markets Authority (FMA) if they are to do business inside of the country, and by the Financial Service Providers Register (FSPR) if they are only offering their services overseas. Both regulators are highly respected throughout the industry and in the online trading community, and trading with a New Zealand-registered forex & CFD broker is thus considered a safe choice.
The regulators in New Zealand and Australia have for many years kept a similar approach when it comes to the issue of trading leverage, offering high leverage of up to 1:500. In late March of 2021, however, this changed when the Australian regulator decided to limit trading leverage to just 1:30 in the country. As a result, New Zealand is now one of only a few major jurisdictions left that allows leverage of up to 1:500.