Binary Option Trading New Zealand

To assist you to observe the best international online brokers in New Zealand in 2022, we went ahead and did the research for you lot. Nosotros selected 101 quality online brokers, checked and compared basically every aspect of their services, with a special focus on fees, safety, trading platforms, as well as deposit and withdrawal options. Service providers had to prove their excellence in multiple areas to be considered among the best online brokers. And at present, without further ado…

Top 5 picks for best international online brokers in New Zealand in 2022:

  1. Interactive Brokers
    is the best international online brokers in New Zealand in 2022. Low trading fees. Wide range of products. Many great research tools.
  2. Saxo Bank takes second identify.
    Corking trading platform. Outstanding research. Wide product portfolio.
  3. eToro
    rounds out the top iii. Free stock and ETF trading. Seamless account opening. Social trading.
  4. tastyworks is numero quattro.
    Low trading fees. Great educational materials. Proficient research tools.
  5. CMC Markets just fabricated information technology to the list in 5th identify.
    Depression forex fees. Bully web and mobile platforms. Advanced research and educational tools.
All-time international online broker in New Zealand in 2022
Banker Info Score Minmum deposit
#ane Interactive Brokers International broker providing all asset classes four.nine $0
#ii Saxo Bank Danish investment bank 4.eight $2,000
#three eToro Global social trading broker iv.7 $l
#iv tastyworks United states of america options and stockbroker 4.7 $0
#five CMC Markets Global CFD broker 4.5 $0

What makes a proficient online banker?
Surely, they need to provide dandy services in all areas, especially in terms of
fair fees and condom. Depositing and withdrawing money should be either costless or cheap and the procedure convenient. Great trading platforms, an easy account opening procedure and a wide range of products also weighed heavily in the scoring.

These features are easy to list, but difficult to figure out.
We are testing brokers based on most 500 criteria
with existent accounts and real money. You can find all the ranking criteria in our methodology.

For a tailored recommendation, check out our banker finder tool. Answer 4 elementary questions and become a listing of the most relevant brokers.

And at present, allow’s encounter the best international online broker in New Zealand in 2022 one by one, starting with the winner, Interactive Brokers.

Interactive Brokers, i of the biggest US-based disbelieve brokers, was founded in 1977. The broker is regulated by several financial authorities globally, including top-tier ones like the UK’s Financial Behave Authorization (FCA) and the United states of america Securities and Substitution Commission (SEC).

Given that the broker has licenses from multiple pinnacle-tier regulators, Interactive Brokers is considered safe. The fact that it has a long rails record and publicly disclosed financials while being listed on a stock commutation all point to IB being a safe service provider.

Interactive Brokers recently launched a new app for global stock trading: read our review of IBKR GlobalTrader.

In addition, Interactive Brokers also has an app you can use for ESG investing: read our review of IMPACT past Interactive Brokers.

Recommended for
traders looking for wide market access and a professional trading environs

Pros Cons

Low trading fees

Complicated account opening process

Broad range of products

Complex desktop trading platform

Many bang-up enquiry tools

Understaffed client service

Visit broker


#1 Interactive Brokers


Fees

Interactive Brokers has low trading fees and the best margin rates in the industry. For US clients, stock and ETF trading is gratis if they cull the Calorie-free plan.

Pros Cons

Low trading fees
None

Free stock and ETF trading for US clients

Low margin rates
Interactive Brokers fees

Interactive Brokers

Saxo Bank

eToro

tastyworks

CMC Markets
US stock

$1.0



$ten.0



$0.0



$0.0





Uk stock

$4.2



$11.ii



$0.0









EURUSD benchmark fee

$10.4


$seven.1


$7.8






$8.8
US stock index options

$half-dozen.five



$30.0







$7.5





Common fund

$xv.0



$0.0













Due south&P 500 alphabetize CFD fee

$2.viii


$1.ii


$1.5






$ane.four

All commissions, spreads and financing rates (if applicable) for opening a position, holding for a calendar week, and closing.

Visit broker More


#1 Interactive Brokers


Mobile trading platform

The Interactive Brokers mobile trading platform boasts a lot of functions and a useful chatbot, just its user interface could be better.

Pros Cons

Ii-step (safer) login

Minor technical glitches

Skillful variety of lodge types

Price alerts
Best international online brokers for in New Zealand in 2022 - Interactive Brokers trading platform

Visit broker More


#i Interactive Brokers


Deposit and withdrawal

Interactive Brokers offers several business relationship base currencies and one free withdrawal per calendar month. The main drawback is that you lot can merely utilise banking concern transfer.

Pros Cons

No deposit fee

Credit/Debit carte not bachelor

Several account base currencies

First withdrawal costless each month
Interactive Brokers withdrawal fee and options

Interactive Brokers

Saxo Depository financial institution

eToro

tastyworks

CMC Markets
Bank transfer

Yes


Yes


Yep


Yes


Yes

Credit/debit card

No


No


Yes


No


Yes

Electronic wallets

No


No


Yes


No


Yes

Withdrawal fee

$0



$0



$v



$0



$0

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Saxo Bank, a Danish investment banking concern founded in 1992, provides online trading and investment services. The visitor is regulated by several financial authorities globally, including the Danish Financial Services Bureau (FSA) and the Britain’s Fiscal Conduct Say-so (FCA).

Saxo Bank is a global service provider and its subsidiaries are present in the course of separate legal entities in dissimilar regions of the earth. The services offered by the diverse entities may differ slightly, specially with respect to fees and product portfolios. In this review, we tested Saxo Bank U.k..

Being regulated by acme-tier fiscal government, and having a long track tape and a cyberbanking background, are all practiced signs for Saxo Banking concern’south rubber.

HEADS UP: Recent issues with account opening– Saxo Bank seems to have a delay in sending you lot a crucial URL to start your account opening. For more than info, run across Saxo Banking company account opening issues in the review’south Account opening chapter. If you’d like to open an business relationship regardless, click here to read about Saxo Banking company alternatives.

Recommended for
investors and traders looking for a great trading platform and solid research

Pros Cons

Great trading platform

High bond, options and futures fees

Outstanding enquiry

High minimum deposit

Wide product portfolio

Lacks live chat and 24/7 availability

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#ii Saxo Bank


Fees

Saxo Bank has overall boilerplate trading and non-trading fees, merely the construction is quite mixed, with swell differences between the fees for various asset classes.

Pros Cons

Low forex fees

Inactivity fee

Depression fund fees

Custody fee

No withdrawal fee

Loftier fees for options and futures
Saxo Bank fees

Interactive Brokers

Saxo Bank

eToro

tastyworks

CMC Markets
United states stock

$1.0



$10.0



$0.0



$0.0





Britain stock

$iv.two



$xi.2



$0.0









EURUSD benchmark fee

$10.4


$7.1


$7.viii






$eight.eight
U.s.a. stock index options

$6.5



$30.0







$7.5





Mutual fund

$15.0



$0.0













South&P 500 index CFD fee

$ii.8


$1.two


$1.5






$1.iv

All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

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#2 Saxo Bank


Mobile trading platform

Saxo Bank’southward convenient mobile app has the aforementioned look and very similar functionalities as the web platform.

Pros Cons

User-friendly
None

Two-step (safer) login

Skillful search function
Best international online brokers for in New Zealand in 2022 - Saxo Bank trading platform

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#2 Saxo Depository financial institution


Deposit and withdrawal

Saxo Bank provides multiple deposit and withdrawal options complimentary of charge, on a convenient interface.

Pros Cons

Credit/Debit bill of fare bachelor

Electronic wallets not bachelor

Free withdrawal

No deposit fee
Saxo Banking company withdrawal fee and options

Interactive Brokers

Saxo Banking concern

eToro

tastyworks

CMC Markets
Banking concern transfer

Yes


Yes


Yep


Yes


Yes

Credit/debit card

No


No


Yeah


No


Yes

Electronic wallets

No


No


Yeah


No


Yes

Withdrawal fee

$0



$0



$5



$0



$0

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eToro is a well-known Israeli fintech company and a social trading broker, established in 2007.

Check out our eToro review tailored to the needs of beginner investors and traders.

eToro serves UK clients through a unit of measurement regulated by the Financial Comport Authority (FCA) and Australians through an Australian Securities and Investment Committee (ASIC)-regulated entity. All other customers are served by a Cypriot unit of measurement that is regulated past the Cyprus Securities and Exchange Commission (CySEC).

eToro is non listed on whatsoever stock exchange, does not disclose its annual report on its website and does not take a depository financial institution parent.

Beingness regulated by the superlative-tier FCA and ASIC is a adept sign for eToro’south condom.

HEADS Upwardly: Minimum deposit based on residency and account activation –
Be sure to check the minimum deposit required to actuate your account. After uploading your documents, a deposit is also needed to exist available to trade and it would exist based on your residency, ranging from $ten-$10,000. More details are available in the eToro review’southward Business relationship opening section.


Disclaimer:
CFDs are complex instruments and come with a high take a chance of losing money rapidly due to leverage.
68% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you sympathize how CFDs work and whether yous tin can afford to have the high risk of losing your money.

Recommended for
traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading

Pros Cons

Free stock and ETF trading

High non-trading fees

Seamless account opening

Only one account base currency

Social trading

Customer support should be improved

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68% of retail CFD accounts lose money


#iii eToro


Fees

eToro offers complimentary stock and ETF trading, while forex and CFD fees are depression. On the negative side, non-trading fees are high, including a $5 withdrawal fee.

Pros Cons

Low trading fees

Inactivity fee

Free stock and ETF trading

$5 withdrawal fee

Low forex and CFD fees
eToro fees

Interactive Brokers

Saxo Bank

eToro

tastyworks

CMC Markets
United states of america stock

$1.0



$10.0



$0.0



$0.0





Great britain stock

$4.two



$11.2



$0.0









EURUSD criterion fee

$10.iv


$7.1


$7.8






$8.eight
Us stock index options

$6.5



$30.0







$7.v





Mutual fund

$15.0



$0.0













Due south&P 500 index CFD fee

$2.eight


$1.2


$ane.5






$1.4

All commissions, spreads and financing rates (if applicable) for opening a position, belongings for a week, and closing.

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68% of retail CFD accounts lose money


#3 eToro


Mobile trading platform

eToro’s mobile platform is well-designed, intuitive and considered safe thanks to the two-step and biometric login functions.

Pros Cons

Ii-step (safer) login
None

Good search function

Touch/Face ID login
Best international online brokers for in New Zealand in 2022 - eToro trading platform

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68% of retail CFD accounts lose money


#3 eToro


Deposit and withdrawal

Depositing money is like shooting fish in a barrel, with a lot of available options, although there is a $5 withdrawal fee. Every bit but USD accounts are available, you may pay a high conversion fee if you deposit or withdraw in another currency, like EUR or GBP.

Pros Cons

Credit/Debit card available

Just 1 account base currency

User-friendly

$5 withdrawal fee

Conversion fee for non-USD deposits
eToro withdrawal fee and options

Interactive Brokers

Saxo Banking concern

eToro

tastyworks

CMC Markets
Bank transfer

Yes


Yes


Aye


Yes


Yeah

Credit/debit card

No


No


Aye


No


Yeah

Electronic wallets

No


No


Yep


No


Yes

Withdrawal fee

$0



$0



$5



$0



$0

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68% of retail CFD accounts lose money

tastyworks is a young, up-and-coming Us banker focusing on options trading. It is regulated by the height-tier Securities and Commutation Commission (SEC), the Financial Manufacture Regulatory Authority (FINRA) and the Australian Securities and Investments Commission (ASIC) for Australian clients.

The people backside tastyworks are the same experts who built the thinkorswim trading platform, now operated by TD Ameritrade. tastyworks is privately owned; information technology was established in 2017 and is headquartered in Chicago.

Recommended for
options and futures traders focusing on us markets

Pros Cons

Depression trading fees

Limited product selection

Not bad educational materials

Few deposit and withdrawal options

Adept research tools

No demo account

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#iv tastyworks


Fees

tastyworks has low trading fees and there is no inactivity fee. On the other mitt, y’all take to pay a high withdrawal fee for wire transfers and margin rates are quite high.

Pros Cons

No inactivity fee

High margin rates for stock trading

Free stock trading

Withdrawal fee for banking concern (wire) transfers

Low options fees
tastyworks fees

Interactive Brokers

Saxo Bank

eToro

tastyworks

CMC Markets
Usa stock

$i.0



$x.0



$0.0



$0.0





UK stock

$iv.two



$11.ii



$0.0









EURUSD benchmark fee

$10.4


$7.1


$7.viii






$viii.8
United states stock index options

$half-dozen.5



$thirty.0







$7.five





Mutual fund

$15.0



$0.0













S&P 500 index CFD fee

$2.eight


$1.2


$1.5






$1.4

All commissions, spreads and financing rates (if applicable) for opening a position, belongings for a calendar week, and closing.

Visit banker More


#4 tastyworks


Mobile trading platform

tastyworks’southward mobile platform is very similar to its web platform. It is well organized but feels complicated, and information technology also lacks price alerts.

Pros Cons

User-friendly

No cost alerts

Impact/Confront ID login

Club confirmation
Best international online brokers for in New Zealand in 2022 - tastyworks trading platform

Visit banker More


#four tastyworks


Deposit and withdrawal

tastyworks’south deposit and withdrawal functions are piece of cake to use and there’s no deposit fee, but yous tin utilise only banking concern transfer, and withdrawals can be expensive especially for non-US clients.

Pros Cons

No deposit fee

Credit/Debit card not available

User-friendly

Loftier fee for wire withdrawals

Free ACH withdrawals in the Us
tastyworks withdrawal fee and options

Interactive Brokers

Saxo Banking company

eToro

tastyworks

CMC Markets
Bank transfer

Yes


Yes


Yep


Yeah


Yes

Credit/debit bill of fare

No


No


Yes


No


Yes

Electronic wallets

No


No


Yep


No


Yes

Withdrawal fee

$0



$0



$five



$0



$0

Visit banker More than

CMC Markets is a global CFD and forex broker, founded in 1989. It is regulated by several regime globally, including the top-tier U.k. Financial Acquit Authorisation (FCA). The company is also listed on the London Stock Exchange.

Having a long track record, being listed on a stock substitution and being regulated past top-tier authorities are cracking signs for CMC Markets’ reliability.


Disclaimer:
CFDs are complex instruments and come with a high risk of losing money apace due to leverage.
69% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for
forex and cfd traders looking for an advanced trading platform with many research tools

Pros Cons

Low forex fees

High stock CFD fees

Great web and mobile platforms

Only CFDs are available

Advanced research and educational tools

Client support only 24/5

Visit banker


69% of retail CFD accounts lose coin


#5 CMC Markets


Fees

CMC Markets has competitive forex and stock index CFD fees, and no fee is charged for deposits and most withdrawals. However, stock CFD fees are high.

Pros Cons

Low forex fees

High stock CFD fees

No withdrawal fee
CMC Markets fees

Interactive Brokers

Saxo Banking company

eToro

tastyworks

CMC Markets
Us stock

$1.0



$ten.0



$0.0



$0.0





United kingdom of great britain and northern ireland stock

$four.2



$11.2



$0.0









EURUSD benchmark fee

$ten.iv


$7.i


$7.8






$8.eight
US stock index options

$6.v



$30.0







$7.v





Common fund

$fifteen.0



$0.0













S&P 500 index CFD fee

$ii.viii


$1.2


$1.5






$1.4

All commissions, spreads and financing rates (if applicative) for opening a position, holding for a week, and closing.

Visit broker More


69% of retail CFD accounts lose money


#v CMC Markets


Mobile trading platform

The CMC Markets app shares the strengths of the web platform: a mod design with a strong guild console and search functions likewise as safety two-step login.

Pros Cons

User-friendly
None

Proficient search role

Skilful variety of order types
Best international online brokers for in New Zealand in 2022 - CMC Markets trading platform

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69% of retail CFD accounts lose money


#v CMC Markets


Deposit and withdrawal

Y’all tin apply multiple eolith/withdrawal options and CFD account base currencies. Withdrawals are mostly gratuitous, except for aforementioned-mean solar day or international depository financial institution withdrawals.

Pros Cons

Credit/Debit card available

£15 fee for international banking company transfers

No deposit fee

Several account base of operations currencies
CMC Markets withdrawal fee and options

Interactive Brokers

Saxo Bank

eToro

tastyworks

CMC Markets
Bank transfer

Yep


Yes


Yep


Yeah


Yep

Credit/debit card

No


No


Yes


No


Yes

Electronic wallets

No


No


Yes


No


Yeah

Withdrawal fee

$0



$0



$v



$0



$0

Visit broker More


69% of retail CFD accounts lose money

Now that you know the top 5, yous probably want to know how we came up with this list. Allow’s go through a few points apace.

Are these brokers reliable?

Absolutely. You lot tin be certain none of them is a scam. They are all regulated by at to the lowest degree one top-tier regulator.

How did BrokerChooser option the all-time online brokers?

At BrokerChooser, we exam online brokers based on more than 500 criteria, with existent accounts and real money. We don’t want to overwhelm you, so we volition listing only the top 5 criteria.

The five nearly important criteria for best international online brokers in 2022
1. Fees Trading fees for a given stock trade tin be l times college at i online broker compared to another. The brokers listed here all have low fees.
2. Deposit and withdrawal At some online brokers, funding and withdrawing funds tin can have much longer and be much more than expensive than at others.
3. Trading platform A user-friendly and well-equipped trading platform tin can significantly increase your trading comfort.
4. Account opening Some online brokers require a minimum eolith to start investing while others don’t inquire for a fix first-time deposit. Check these requirements before opening an account.
5. Markets and products Want to invest in Japanese stocks or merchandise Bitcoin? They are not be available at each broker. We selected brokers with a wide range of products so yous can trade many asset types.

These were the details, now let’s zoom out. Hither are
the all-time international online brokers in 2022 for residents in New Zealand:

All-time international online brokers for residents in New Zealand

Interactive Brokers

Saxo Banking company

eToro

tastyworks

CMC Markets
Overall score

four.9


iv.eight


four.7


4.7


4.5
Fees score


4.5
stars




three.three
stars




4.three
stars




4.3
stars




3.6
stars

Mobile platform score


3.five
stars




five.0
stars




four.7
stars




4.2
stars




5.0
stars

Deposit and withdrawal score


3.0
stars




4.eight
stars




three.9
stars




1.9
stars




4.8
stars

Account opening score


3.2
stars




ii.0
stars




5.0
stars




5.0
stars




4.2
stars

Markets and products score


5.0
stars




5.0
stars




4.three
stars




3.1
stars




ii.half-dozen
stars



Visit banker


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68% of retail CFD accounts lose money



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69% of retail CFD accounts lose money

Interactive Brokers is our winner, the best international online broker in New Zealand in 2022. Low trading fees. Broad range of products. Many great enquiry tools.

Even so unsure? For a
tailored recommendation, check out our broker finder tool. If yous enter the name of your state, information technology will show merely the brokers that are relevant to you.
Want more details?
Compare brokers with the help of this detailed comparison table.

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of feel in the financial markets. He concluded thousands of trades every bit a commodity trader and disinterestedness portfolio manager.

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He ended thousands of trades as a commodity trader and disinterestedness portfolio manager.

Everything you find on BrokerChooser is based on reliable information and unbiased information. Nosotros combine our 10+ years finance feel with readers feedback. Read more about our methodology

Source: https://brokerchooser.com/best-brokers/best-international-online-brokers-for-citizens-in-new-zealand

Baca juga:  15 Minute Binary Options Strategy



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