Parliament. You can have the best Forex trading experience from Auckland in choosing a good broker among the list of recommended brokers regulated by FMA, Financial Markets Authority in New Zealand. We recommend NZ residents also follow the FMA on twitter, @FMAmedia. Experts say that Forex regulation is missing in New Zealand and what we can see here is not exactly a plan or strategy for making things quite official and legal here, but a way to simplify traders to gain more profits.
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FMA can accept complaints, by the way, too, but it is also responsible for the right registration of the brokers. Related Articles, explore our other online trading guides. Forex Brokers by countries, was the information useful? However, New Zealand has its individual rules and regulations regarding Forex trading and youll have to do your homework in advance to learn more about them, to be aware what you can do and what you cannot do, to be extremely attentive for the details. Advertiser Disclosure m helps investors like you across the globe by spending hundreds of hours each year testing and researching forex brokers. But if some broker does operate thanks to a fraud or there is a problem with a traders activity, fscl takes the whole responsibility to investigate the case and to make its punishment, if theres guilt. For a historical breakdown, here's a link to Financial Markets Authority webpage. There are many options for trading Forex in case you are based in New Zealand.
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