All 33 FMA Regulated Brokers, New Zealand Financial Markets Authority

Thirty-three brokers in the WIKILIX database hold a licence recorded against New Zealand's Financial Markets Authority. Seven of them also carry a WIKILIX status label a reader should see before scrolling, and the highest-scoring entry on the page is one of them: Blackwell Global Investments sits at 70.0 with our suspiciousClone label attached.

That is the whole population, not a shortlist. The grid is ordered by WIKILIX score, which runs from 70.0 down to 25.0 across the 33 with a median of 41.9. Twenty-six carry our ordinary regulation label.

An FMA licence rarely means a New Zealand company

Only seven of the 33 are domiciled in New Zealand: CTRL Investments, CJC Markets, FXBTG, HFTrading, Forex Limited, Pacific Financial Derivatives and SunX Global. The other 26 are registered somewhere else and hold the New Zealand licence alongside their home one. Hong Kong accounts for four, Australia three, the United Kingdom three, Malaysia three, and Turkey, the Comoros and the United States two each.

The two largest names show the pattern clearly. IG Group Limited, recorded as opening in 1974 and scoring 69.5, is a UK company holding FMA registration alongside ASIC, FCA, MAS and BaFin licences. CMC Markets appears through its Singapore entity, opened in 2006, scoring 64.9, with a recorded maximum leverage of 1:50. That is the second lowest cap on the list.

What this page filtered on, and what it did not

One condition: the broker holds at least one licence recorded against the FMA. No score floor and no status filter, which is why the flagged entries are still here. Removing them would produce a tidier page and a less accurate one.

• 12 of the 33 hold the FMA licence and nothing else, including Pacific Financial Derivatives (1999) and Ata Yatirim (1990). For those firms the New Zealand registration carries all the weight.
• 21 are regulated by two or more authorities. Plus500 holds the most in our records, with ten.
• 18 hold at least one tier-1 licence, counted only from regulator abbreviations that map to a single authority in our data. Twelve of those hold ASIC and eight hold the FCA.
• 13 have a recorded opening date before 2010. The earliest is 1916, and it belongs to Philippine National Bank rather than to a retail CFD firm. One entry has no opening date recorded at all.
• 30 have a recorded maximum leverage. It runs from 1:1 to 1:1000, and 16 of those 30 sit at 1:500 or above.

The seven entries with a status label

Four carry suspiciousClone: Blackwell Global, YLD FX, Brighten Markets and Forex Limited. One carries exceeded, FXBTG, a New Zealand company opened in 2012 and recording 1:1000 leverage. CTRL Investments carries offshore and PBFX carries noRegulation. These are WIKILIX's own recorded labels, applied by our research team. They describe what we found in our own records and are not findings by the FMA.

Checks that matter on an FMA licence specifically

• Look up the exact company name on New Zealand's Financial Service Providers Register and read what the registration actually covers, rather than accepting an FMA badge on a broker's own site.
• Check whether the entity you would contract with is the FMA-registered one. On this list it is usually a different company from the group's headline brand, as the IG and CMC Markets entries above show.
• Read the FMA warnings and alerts pages for the name. Registration and good standing are separate questions, and four of the 33 here carry a clone label in our own records.
• Where a broker holds several licences, confirm which one applies to your account. The recorded leverage caps on this list differ by a factor of a thousand, and the cap you get follows the entity rather than the brand.

What this list does not tell you

It does not tell you whether a broker will accept you as a client. Nothing in this data records client eligibility by country, so a New Zealand licence is no promise that a resident of any particular country can open an account. It holds no spreads and no minimum deposits either, so the ordering here says nothing about trading cost. This reflects licences recorded in the WIKILIX database as of today. Confirm any licence on the regulator's own register before you deposit.