Trade New Zealand share CFDs at just $5 commission

There’s no cost when opening a live CFD trading account. You can also view prices and use tools such as charts, Reuters news or Morningstar quantitative equity reports, free of charge. However, you will need to deposit funds in your account to place a trade.

There are a number of costs to consider, including spread costs, holding costs (for trades held overnight which is essentially a fee for the funds you borrow to cover the leveraged portion of the trade), rollover costs on expiring forward trades, and guaranteed stop-loss order charges (if you use this risk-management tool).

Find out more about our costs

Yes, CMC Markets NZ Limited Company Registration Number 1705324 is fully authorised and regulated by The Financial Markets Authority (FMA) New Zealand. Retail client money is held in segregated client bank accounts and money held on behalf of clients is distributed across a range of major banks, which are regularly assessed against our risk criteria.

As a retail client, your money is always held separately from CMC Markets’ own funds, so that under property, trust and insolvency law, your money is protected. Therefore your money is unavailable to general creditors of the firm, if the firm fails.

Our automated pricing engine collates and checks thousands of prices per second, streamed from our liquidity providers. The most representative price is then used to create the quotes on our platform. Our pricing on forex aims to mirror the underlying market.

Our income primarily comes from our spreads, while other fees, such as overnight holding costs, make a minor contribution to overall revenue.

We never aim to profit from our clients’ losses. Our aim is to build long-term relationships with our clients by providing the best possible trading experience through our technology and customer service.