Hi. Who knows of a reliable ECN broker in New Zealand? (Been told I need an ECN broker but actually does it really make any difference? I am new to this. Cheers people
ElliotCooke
Miembro desde Jul 20, 2020
posts 341
Nov 08 2020 at 18:09
A broker is the main thing in forex trading. Without a broker, no trader can trade in the forex market. Choose the best and regulated broker to trade and make money from this market.
A broker is the main thing in Forex and if you want to find a good broker you should do some good research about Forex broker at Google and forums and always choose a broker with a good online reputation.
Christopher332
Miembro desde Nov 05, 2020
posts 23
Nov 26 2020 at 06:44
Go for an ECN broker if you don’t want to pay hidden costs. They have transparent pricing and there are no extra costs.
Rogerwood465
Miembro desde Nov 07, 2020
posts 22
Dec 01 2020 at 11:58
ECN is better in my opinion. I have been using ecn accounts on fxtm and fxview, and I find much lower spreads on them. You will notice that with same brokers on their ecn you will get much better prices. If you want specific to New Zealand you can look at Tiger brokers, however most international brokers online will accept clients from NZ even if they are based elsewhere.
newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
GeorgeBischof
Miembro desde Jul 19, 2020
posts 318
Dec 04 2020 at 15:11
A good broker can protect your money. So, try to choose a regulated broker to make profit from this market.
Trader8472
Miembro desde Sep 11, 2020
posts 3
Dec 06 2020 at 07:08
Try Admiral markets. They will accept customers form New Zealand and have great spread. Only 30:1 leverage available however.
If the broker is not trustworthy, then there are many complications in trading. A trader should first choose a good broker.
Are you only looking for specific broker in New Zealand or you are basically trying to say that you are trading from NZ and is looking for broker that is accepting NZ Clients?
gruntlimbic
Miembro desde Dec 21, 2020
posts 9
Mar 17 2021 at 10:40
Look for brokers that you can trade with from anywhere in the world. A better option than location specific ones.
Trader8472
Miembro desde Sep 11, 2020
posts 3
Mar 17 2021 at 22:30
Found this one, and it looks like they are actually in New Zealand.
https://blackbullmarkets.com/en/?ib=2100064615
https://blackbullmarkets.com/en/?ib=2100064615
kajusmcdowell
Miembro desde Dec 30, 2020
posts 11
Mar 26 2021 at 05:04
Make sure you go with a reliable broker platform and try to stay away from suspicious or scam brokers.
marcellamcguire
Miembro desde Jan 08, 2021
posts 14
Apr 08 2021 at 09:44
You can also trade with some offshore brokers that provide quality services and decent trading conditions. They usually accept clients from everywhere.
milletplum
Miembro desde Apr 05, 2021
posts 9
Apr 08 2021 at 10:56
Just use an Australian broker. I am in Croatia and I use an Australian broker. You do not need to use a national broker
Trader8472
Miembro desde Sep 11, 2020
posts 3
Apr 20 2021 at 00:04
Problem is Australian brokers will not take NZ clients due to NZ laws. Also they are now limited to 30x leverage due to new laws.
yana hansen
(78678676)
Miembro desde Oct 16, 2020
posts 137
Apr 20 2021 at 11:12
Try out Admiral markets. I have heard they are quite good.
Any broker you can choose. But research yourself and try to choose a regulated one.
SofieAndreasen
Miembro desde Jul 23, 2020
posts 759
Sep 07 2021 at 15:10
What is the main regulator in New Zealand?
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