If you are already a Forex Trader or you have just started researching about Forex, you may have heard of Pepperstone, Australia's main Forex and CFD Trading Platform. Because of the favorable conditions that they provide to clients [in terms of spreads and trade execution], Pepperstone's popularity has grown exponentially. But what you want to check is whether the company accepts or not local clients. Unfortunately, No, Pepperstone does not open Trading accounts for clients living in New Zealand.
PLUS500 FOR NEW ZEALANDER RESIDENTS: #1 CFD TRADING PLATFORM IN THE UK [BEST ALTERNATIVE TO PEPPERSTONE]
Plus500 has been classified by many analysts as one of the top CFD trading platforms available, as per their own Annual Statement, it is the number one CFD provider in both the UK and Germany in terms of number of Traders. Plus500 allows access to international markets trading first through a Free Simulator of its Multi Awarded Trading Platform and then, through a simplified account opening process: They will ask you to upload your ID (Passport or Driver's License) and a Proof of Residence. Plus500's trading platform, called Webtrader, offers CFDs on Stocks, Indices, ETFs, Commodities, Forex and Cryptocurrencies. Definitely worth trying it. Plus500AU Pty Ltd (ACN 153301681) is licensed by: ASIC in Australia, AFSL #417727, FMA in New Zealand, FSP #486026; Authorised Financial Services Provider in South Africa, FSP #47546. You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% 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.