Best NZD/USD Forex Brokers

Written by Miro Nikolov

Miro Nikolov

Miro Nikolov is the co-founder of TradingPedia.com and BestBrokers.com. His mission is to help people make profitable investments by giving them access to educational resources and analytics tools.

, | Updated: January 6, 2026

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• Jump to:
• Curated List of The 10 Best Forex Brokers for NZD/USD Trading
• How NZD/USD Trading Works for Traders and Brokers
• FAQ
›

Our team of expert traders has tested several regulated and trustworthy Forex brokers and compiled a list of the top brokers for trading NZD/USD. Each broker received a quality score based on several factors, including its Trustpilot rating, regulatory status, fees and commissions, available trading platforms, customer service, and more.

1. 

   Plus500 US

   Rating: 4.0

   This content applies only to Plus500 US and clients from the United States. Trading futures involves the risk of loss.

2. 

   eToro

   Rating: 4.2

   50% of retail investor accounts lose money

3. 

   Fusion Markets

   Rating: 4.8

   74-89% of retail's CFD accounts lose money

4. 

   FP Markets

   Rating: 4.9

   73.85% of retail investor accounts lose money

5. 

   Global Prime

   Rating: 4.7

   74-89% of retail CFD accounts lose money

6. 

   Pepperstone

   Rating: 4.4

   72.9% of retail investor accounts lose money

Our team has thoroughly evaluated all of the brokers listed below using TradingPedia’s exclusive methodology.

Curated List of the 10 Best Forex Brokers for NZD/USD Trading

Starting to trade in the FX market can be an arduous endeavor. There seems to be an endless amount of information to sift through and learn, and the process becomes even harder when the time comes for you to choose your broker.

Over the past few decades, retail Forex trading has boomed because the internet has provided ample opportunities for brokers to offer their services online, making FX trading accessible to individual traders. The sheer number of brokers online can be overwhelming, and factors such as spread, commission, and regulatory oversight should all be considered before you choose a broker. In order to assist you with this process, we have gathered some of the best NZD/USD brokers below.

The NZD/USD pair indicates how many U.S. dollars you need to buy one New Zealand dollar. It is considered a commodity pair because the NZD and the broader New Zealand economy are heavily influenced by agricultural exports. Whole milk powder is one of the country’s largest exports, which means the NZD’s value tends to rise when global dairy prices increase. Conversely, when dairy prices fall, trading the Kiwi becomes less appealing.

The NZD/USD pair is available at the majority of online brokerages, giving investors who prefer this pair plenty of platforms to choose from.

How NZD/USD Trading Works for Traders and Brokers

A Forex pair consists of two currencies. The first, in this case the New Zealand dollar, is called the base currency. The second, the U.S. dollar, is the quote currency. Investors use lots to determine how many units to trade; a standard lot consists of 100,000 units.

The NZD/USD is also popular among carry-trade enthusiasts. A carry trade becomes viable when one currency in the pair offers a higher interest rate than the other. The investor borrows the low-interest currency and converts it into the high-interest one. If you maintain the position and the exchange rate remains stable, you earn a profit from the interest-rate differential. Carry trading can be very risky, especially during periods of high volatility or economic turmoil, so exercise caution if you are considering this strategy.

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