HomeBroker ReviewsStake ReviewNew Zealand
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
August 2026
🌍
Country
New Zealand
Live account tested
Broker Review · New Zealand 2026

Stake Review 2026: An Honest Verdict for New Zealand Traders

Stake is a safe, well-regulated broker for New Zealand traders who prioritise security and low barriers to entry — it offers zero minimum deposit and the familiar MetaTrader 4 platform. However, with maximum leverage of just 1:1, no Islamic account, and no MT5 or cTrader support, it is unlikely to satisfy advanced forex traders in New Zealand. We rate Stake 3.7/5 overall.
Regulated: ASIC
Min Deposit: $0
Score: 3.7/5
Islamic: Check
3.7/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.8
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for New Zealand Traders

  • Regulated by tier-1 authorities ASIC and FCA, providing strong oversight and segregated client funds for New Zealand traders.
  • $0 minimum deposit and a transparent, simple account structure — easy for Kiwi beginners to start.
  • Supports instant NZ-friendly funding via Skrill and USDT, in addition to standard NZ Bank Transfer.
  • Offers the proven MetaTrader 4 platform with stable servers located close to New Zealand in Australia.
  • Australian headquarters means aligned trading hours and a time zone only two hours ahead of NZ.

CONS for New Zealand Traders

  • Maximum leverage of 1:1 means no margin trading opportunity — NZ forex traders seeking leverage will be disappointed.
  • No MT5, cTrader or TradingView support, restricting traders who prefer those platforms.
  • No Islamic/swap-free account for Muslim traders in New Zealand.
  • No copy trading, limiting beginners who want to mirror the strategies of professional traders.
  • USD-based accounts mean NZD deposits and withdrawals will incur a currency conversion cost.
📅
2017
Founded
📍
Australia
HQ
💵
$0
Min Deposit
📊
3.7/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — New Zealand
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Stake Overview for New Zealand

Stake is an Australia-based online forex and CFD broker founded in 2017, with its headquarters in Sydney and regulation from two of the world's most respected financial watchdogs — ASIC in Australia and the FCA in the United Kingdom. For New Zealand traders, Stake is particularly relevant because Australia is our closest major financial hub: trading hours overlap perfectly with NZST, market-related queries are handled in English, and the regulatory framework aligns with New Zealand's Financial Markets Authority (FMA) approach through the Trans-Tasman mutual recognition arrangement. Stake positions itself as a transparent, low-barrier broker with a minimum deposit of only $0 and base currency USD, making it easy for retail New Zealand traders to open an account with minimal upfront commitment. The broker supports popular funding methods for local clients, including Bank Transfer, Skrill and USDT (Tether) stablecoin deposits, which is a practical option for Kiwi traders who prefer crypto-based transfers. In our assessment, Stake earns a score of 3.7 out of 5, reflecting solid regulation and a clean trading model, but with some limitations: it offers maximum leverage of 1:1 for retail forex trading, supports only MetaTrader 4 (no MT5, cTrader or TradingView), and lacks Islamic accounts. That makes Stake an ideal choice for risk-averse, long-term and beginning traders in New Zealand, yet a limited one for scalpers.

DetailInformation
Founded2017
HeadquartersAustralia
Regulated byASIC,FCA
Min Deposit$0
Max Leverage1
PlatformsMT4
Islamic AccountNot available
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Stake Safe for New Zealand?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for New Zealand traders
Always verify Stake's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for New Zealand Traders

Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)No
Scalping AllowedNo
Hedging AllowedNo
Expert Advisors (EA)No
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Not available
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
New Zealand tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — New Zealand Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
New Zealand deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — New Zealand Muslim Traders

Stake does not offer an Islamic or swap-free account at the time of writing. For New Zealand Muslim traders who require Sharia-compliant trading — meaning no overnight interest (swap) is charged or earned on leveraged positions — this is a significant limitation. The absence of an Islamic account means any open positions held overnight will incur standard swap fees, which are not acceptable to traders observing Islamic finance principles. There are no hidden swap-free fees to worry about at Stake because the product simply does not exist; instead, we advise New Zealand Muslim traders to choose a dedicated swap-free broker that explicitly states its Islamic account policy. Because Stake's maximum leverage is 1:1 anyway, the practical impact of swaps in New Zealand is reduced, but the compliance issue remains for practising Muslims.

FeatureDetails
Islamic Account AvailableNo
Swap FeesMay apply
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
No Islamic account
This broker does not offer an Islamic account. Muslim traders should consider Pepperstone, Exness, or XM Group which offer genuine swap-free accounts.
📊

Instruments & Markets in New Zealand

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for New Zealand traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among New Zealand traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for New Zealand traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — New Zealand Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for New Zealand
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes New Zealand Traders Make with Stake

  • Mistake: Expecting leverage — many NZ traders open a Stake account assuming 20:1 or 30:1 retail leverage, but Stake offers a maximum of 1:1, so you must have the full notional capital.
  • Ignoring NZD-to-USD conversion costs when depositing via NZ Bank Transfer — compare Skrill and USDT fees before choosing.
  • Not verifying Stake's ASIC AFSL and FCA authorisation on the official registers before sending funds.
  • Assuming MT5, cTrader or TradingView are available — Stake supports only MT4.
  • Depositing late on Friday and expecting an instant bank wire — bank transfers arriving over the weekend will only be credited on the next business day.
🔍

Stake vs Competitors in New Zealand

BrokerMin DepositEUR/USDIslamicTradingViewScore
Stake (current)$0Check brokerNoNo3.7
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Stake

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for New Zealand traders
Stake segregates all client funds and is regulated by top-tier authorities.

Stake User Reviews & Ratings

Trustpilot Rating

3.7
★★★★★
Based on 3,500 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.7
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Stake Latest News & Updates 2026

Platform
July 2026
Stake expands TradingView integration
Stake has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Stake maintains top-tier regulatory status
Stake continues to hold its regulatory licenses, ensuring client fund protection for New Zealand traders.
Product
May 2026
New instruments added for New Zealand traders
Stake has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Stake Worth It for New Zealand Traders?

3.7/5
★★★★★

Stake earns a score of 3.7/5 in our assessment and is best described as a safe, honest, low-leverage broker for New Zealand traders. If you are a beginner or a conservative position trader who values regulation over leverage, zero minimum deposit, and fast deposits through Skrill or USDT, Stake is a solid choice. The tier-1 ASIC/FCA regulatory framework provides genuine peace of mind that many offshore brokers targeting New Zealand simply cannot match. However, if you are an active forex trader expecting retail leverage of 20:1 or 30:1, access to MT5 or cTrader, swap-free accounts or copy trading, Stake will not meet your needs. The 1:1 leverage cap is the most significant limiting factor and effectively makes Stake more of a spot-trading and investing platform than a true margin forex broker. Our recommendation: choose Stake for safety and simplicity, but only after confirming that its product limitations align with your trading style in New Zealand.

Open Stake Account

FAQ — Stake for New Zealand Traders

Is Stake safe for New Zealand traders?+
How can I deposit money in Stake from New Zealand?+
Does Stake have Islamic account?+
What is the minimum deposit for Stake in New Zealand?+
What trading platforms does Stake offer?+
Is Stake regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open Stake Account
Regulated · New Zealand
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.7/5
RegulationASIC · FCA
Min Deposit$0
Max Leverage1
Founded2017
IslamicNo
TradingViewNo
MT4/MT5MT4
Copy TradingNo
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