EasyEquities Review 2026: A Detailed Look for New Zealand Traders
PROS for New Zealand Traders
- Fractional share investing allows New Zealand traders to buy into major global stocks with a small amount of money in USD.
- Low platform fees for stock trading, with zero commission on certain products like ETFs offered in partnership.
- Supports modern deposit methods like Skrill and USDT, which can be convenient for NZ traders who prefer digital payments.
- User-friendly mobile app that is easy to navigate and is well suited to beginner investors.
- Solid FSCA regulation in South Africa, offering a degree of offshore oversight for a regulated entity.
CONS for New Zealand Traders
- No FMA regulation in New Zealand, leaving local traders without the usual investor compensation and dispute resolution protections.
- Not a forex broker; it does not provide any major currency pairs, forex CFDs, or typical forex trading accounts.
- No MT4, MT5, cTrader, or TradingView platform support, which is a deal breaker for advanced NZ forex traders.
- No Islamic/swap-free account for Muslim traders in New Zealand despite the growing demand.
- Customer support is only available during South African business hours, so NZ traders may face long wait times for responses.
Easyequities Overview for New Zealand
EasyEquities, founded in 2014 and headquartered in Johannesburg, South Africa, has grown into one of the most accessible investing platforms in the region. It is part of the Purple Group, a JSE-listed company, and has expanded into several international markets, including Australia and the UK. For New Zealand traders, EasyEquities offers the promise of fractional shares and a low-cost entry into global markets, but it is important to note that the platform's core focus is on stocks, ETFs, and collective investments rather than retail forex trading.
Despite the marketing around 'invest in global brands for as little as $1', the platform's forex offering is minimal or entirely absent. The lack of MT4/MT5 support, limited currency pairs, and no regulated local presence in New Zealand make it a poor choice for Kiwi traders seeking a dedicated forex broker. However, for NZ investors interested in building a long-term portfolio of international shares with low fees, EasyEquities may still hold some appeal.
| Detail | Information |
|---|---|
| Founded | — |
| Headquarters | — |
| Regulated by | — |
| Min Deposit | $0 |
| Max Leverage | — |
| Platforms | — |
| Islamic Account | Not available |
| Copy Trading | Not available |
| Demo Account | Available |
Regulation & Safety — Is Easyequities Safe for New Zealand?
Spreads & Trading Costs 2026
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
Account Types for New Zealand Traders
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | No |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
Trading Platforms Available
Deposits & Withdrawals — New Zealand Guide
Islamic Account — New Zealand Muslim Traders
EasyEquities does not offer an Islamic or swap-free account. For New Zealand Muslim traders, this is a significant limitation, as any leverage or overnight positions would incur interest, which is not permissible under Sharia law. The platform only has standard investment accounts for stocks and ETFs, and those accounts do not charge 'swap' in the forex sense, but they do receive overnight financing costs on margin products
If you are a New Zealand Muslim trader seeking a truly Islamic-compliant forex broker with swap-free accounts, you will need to look elsewhere. Many global brokers offer Islamic accounts for Kiwi clients, with zero swap rates on major pairs. EasyEquities, with no explicit halal certification and no swap-free offering, cannot be recommended for Islamic traders.
| Feature | Details |
|---|---|
| Islamic Account Available | No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
Instruments & Markets in New Zealand
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Education & Research Tools
Customer Support — New Zealand Review
Common Mistakes New Zealand Traders Make with Easyequities
- Mistake: Assuming EasyEquities offers forex trading just because the marketing mentions 'global markets' — New Zealand traders should verify whether any currency pairs are actually available before signing up.
- Not checking the FMA registration status and assuming that an offshore FSCA license offers the same protections — NZ traders must understand the lack of local recourse.
- Depositing in NZD and not accounting for conversion fees to USDT or USD, which silently erodes the balance. Always convert via low-fee channels.
- Expecting a 24/7 live chat and quick support; because the helpdesk operates on South African time, NZ traders may wait hours for a reply.
- Using the platform to 'trade' forex via leveraged CFDs without realising they do not exist — a mistake that leads to frustration and wasted time.
Easyequities vs Competitors in New Zealand
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Easyequities (current) | $0 | Check broker | No | No | 4.5 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
Security & Fund Protection — Easyequities
Segregated Funds
Negative Balance Protection
Top-tier Regulation
Easyequities User Reviews & Ratings
Trustpilot Rating
CompareBroker Expert Rating
What traders love
Common complaints
Easyequities Latest News & Updates 2026
Final Verdict — Is Easyequities Worth It for New Zealand Traders?
EasyEquities is a legitimate, low-cost share investing platform for New Zealand residents who want to buy fractions of global companies, but it is not a forex broker. The lack of regulatory coverage from the FMA and the absence of a dedicated forex product line mean that Kiwi traders looking for retail forex trading will be severely limited. Without MT4/MT5, no currency pairs, and no typical trading costs like spreads, the platform fails to meet the needs of even a beginner forex trader.
If your goal is to earn long-term capital growth through global equities and ETFs, EasyEquities is an affordable option. But if you want to trade EUR/USD, gold, or crude oil from New Zealand, selecting a broker that is regulated by the FMA and offers the standard forex ecosystem is a safer, more efficient path. We recommend that New Zealand forex traders avoid using EasyEquities as a substitute for a real forex broker and instead open an account with a dedicated provider.