Pros
- Fast ECN execution & low spreads (Prime account)
- Wide platform selection (MT4/MT5/cTrader/TradingView)
- Regulated by New Zealand's FMA
Cons
- The NZ FMA is considered less strict than tier-1 FCA/ASIC
- Many clients via the Seychelles entity
- Leverage is high-risk
Feature summary
CategoryForex
Minimum depositVaries by account type — check the official site
Demo accountAvailable
PlatformMetaTrader 4, MetaTrader 5, cTrader, TradingView
InstrumentsForex, Index/commodity/stock CFDs
SupportLive chat, email & phone (market hours)
Regulation statusNew Zealand (2014) — regulated by the FMA (New Zealand), FSA (Seychelles). ECN execution focus.
Fee modelPrime/ECN raw account; low spreads
Estimated cost per lotRaw + commission (Prime) — not yet verified
Risk & regulation notes
Leveraged trading is high-risk. More importantly here: most retail clients are served by an offshore entity with far weaker investor protection than tier-1 regulators (FCA/ASIC/CySEC). Verify the entity that serves your country and understand the risks before depositing.
Primary sources
Product facts are summarized from the broker's official materials. A broker's own claims are not automatically treated as independent verification.
Update history
- 2026-08-01
Added to the directory as a review candidate; official documents not yet examined.