Which broker is better for New Zealand traders in 2026? Expert analysis across 12 categories.
New Zealand traders seeking a reliable forex broker often compare InvestoPro and EasyMarkets, two globally recognised platforms with distinct strengths. InvestoPro, with a score of 3.8/5, appeals to cost-conscious Kiwis thanks to its competitive spreads and flexible account types, while EasyMarkets (3.4/5) offers a more straightforward, beginner-friendly experience with fixed spreads and guaranteed stop-losses. Both brokers accept New Zealand residents and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. However, local financial regulator oversight differs—neither is directly regulated in New Zealand, but both hold international licences. This comparison helps retail traders in New Zealand choose based on trading costs, platform features, and local support, ensuring a tailored match for their trading style and risk tolerance.
| Instrument | InvestoPro | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $25 | InvestoPro |
For New Zealand traders, trading costs are a key differentiator. InvestoPro offers variable spreads starting from 0.0 pips on major pairs like EUR/USD, with a small commission per lot, making it ideal for high-volume traders. EasyMarkets uses fixed spreads, typically around 1.2 pips on EUR/USD, with no commission but wider spreads during news events. Over 100 trades per month, InvestoPro can save a New Zealand trader up to 30% in total costs, especially when trading NZD pairs. EasyMarkets' guaranteed stop-loss feature adds cost certainty but at a premium.
| Account Type | InvestoPro | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $25 |
| Entity / Asset | InvestoPro | EasyMarkets |
|---|---|---|
| New Zealand (offshore) | Up to 1:500 | Up to 1:2000 |
| Forex major pairs | 1:500 | 1:2000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | InvestoPro | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | InvestoPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | InvestoPro |
| Crypto CFDs | 30+ | 20+ | InvestoPro |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | InvestoPro | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
New Zealand traders benefit from InvestoPro’s support for MetaTrader 4 and 5, offering advanced charting, custom indicators, and algorithmic trading tools. EasyMarkets provides its proprietary web-based platform and a mobile app, which are simpler but lack the depth for experienced traders. For Kiwis using VPS or automated strategies, InvestoPro is the clear choice. EasyMarkets’ platform excels in user-friendliness, with one-click trading and risk management tools ideal for beginners.
| Factor | InvestoPro | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | InvestoPro |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
InvestoPro uses ECN/STP execution with average order speeds of 50ms, ideal for scalping and high-frequency traders in New Zealand. EasyMarkets uses market maker execution with slightly slower speeds (around 100ms) but offers guaranteed stop-losses, preventing slippage. For Kiwis trading volatile sessions like London-New York overlap, InvestoPro provides faster fills, while EasyMarkets ensures price certainty.
| Safety Factor | InvestoPro | EasyMarkets |
|---|---|---|
| Primary regulator | CySEC | CySEC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither InvestoPro nor EasyMarkets is directly regulated by the local financial regulator in New Zealand. InvestoPro is licensed by the Financial Services Authority (FSA) in St. Vincent and the Grenadines, while EasyMarkets holds licences from CySEC (Cyprus) and the FSA. This means New Zealand traders have limited local regulatory protection, but both brokers adhere to international standards like negative balance protection. Traders should verify the latest status with the local financial regulator and consider using segregated accounts for added security.
| Payment Method | InvestoPro | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Card/e-wallet fast; bank transfer 1-3 days | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) |
New Zealand traders can fund accounts at both InvestoPro and EasyMarkets using Bank Transfer, Skrill, Neteller, and USDT TRC20. Bank Transfer is reliable for larger deposits but may take 1-3 business days. Skrill and Neteller process instantly with low fees, ideal for active traders. USDT TRC20 offers a fast, cheap crypto option, particularly useful for Kiwis avoiding bank delays. Minimum deposits start at $10 for crypto and $50 for e-wallets at InvestoPro, while EasyMarkets requires $100 for most methods. Withdrawals are processed within 24 hours for e-wallets and 1-5 days for bank transfers. Always check for any hidden fees specific to New Zealand.
| Islamic Account Feature | InvestoPro | EasyMarkets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both InvestoPro and EasyMarkets offer Islamic (swap-free) accounts for New Zealand Muslim traders, in compliance with Sharia law. InvestoPro provides these accounts on request with no additional fees, but positions held beyond a certain period may incur a small administrative charge. EasyMarkets also offers swap-free accounts with clear terms and no hidden costs. New Zealand traders should confirm eligibility and any restrictions on trading instruments before opening an Islamic account.
| Support Feature | InvestoPro | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | InvestoPro |
InvestoPro offers 24/5 live chat and email support in English, with response times under 2 hours. EasyMarkets provides 24/5 support via live chat, phone, and email, with a dedicated New Zealand phone line. For Kiwi traders, EasyMarkets’ local contact option is a slight advantage, though InvestoPro’s faster email responses are valuable for complex queries.
| Mobile Feature | InvestoPro | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | InvestoPro |
| Google Play rating | 4.3 stars | 4.2 stars | InvestoPro |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | InvestoPro | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✗ | ✓ | Tie |
| Market analysis | Daily | Basic | InvestoPro |
Choose InvestoPro if you...
Choose EasyMarkets if you...
For New Zealand retail traders, InvestoPro edges out EasyMarkets with a higher overall score (3.8 vs 3.4) and lower trading costs, especially for active traders using Bank Transfer, Skrill, Neteller, or USDT TRC20. Its advanced platforms and faster execution suit experienced Kiwis, while EasyMarkets’ simplicity and guaranteed stop-losses appeal to beginners. Regulation by the local financial regulator is absent for both, so traders should exercise due diligence. Ultimately, choose InvestoPro for cost efficiency and flexibility, or EasyMarkets for ease of use and risk management. Both support local payment methods, making them accessible for New Zealand traders.