{"id":264,"date":"2023-07-16T07:10:30","date_gmt":"2023-07-16T07:10:30","guid":{"rendered":"https:\/\/safeforexbrokers.com\/nz\/?page_id=264"},"modified":"2026-03-27T12:57:13","modified_gmt":"2026-03-27T12:57:13","slug":"best-mt4-brokers","status":"publish","type":"page","link":"https:\/\/safeforexbrokers.com\/nz\/best-mt4-brokers\/","title":{"rendered":"Best MT4 Brokers in New Zealand"},"content":{"rendered":"<p>MT4 is one of the most popular trading platforms across the globe, with more than 14 million users as of 2014. <\/p>\n<p>Unlike a broker&#8217;s proprietary trading platform, MT4 does not belong to a broker; however, to use MT4, you need a broker. <\/p>\n<p>Thankfully, seeing that a good number of traders prefer to use MT4 rather than the broker&#8217;s proprietary trading platform, several brokers have included MT4 as one of their trading platforms. <\/p>\n<p>If you are someone who prefers trading with MT4, it is important that you don&#8217;t get carried away with your desire to trade with a broker that offers MT4 and overlook other important factors. Your preferred broker should be regulated by the New Zealand Financial Market Authority (FMA).<\/p>\n<p>To help you make an informed decision, we have created this list of the best MT4 Forex brokers in New Zealand. <\/p>\n<\/div>\n<div id=\"show_content\" class=\"show_content\">Show More <i class=\"fas fa-chevron-down\"><\/i><\/div>\n<h2 class=\"title_2\">Comparison of Best MT4 Brokers in New Zealand<\/h2>\n<div class=\"table-responsive mt-md-5 mt-4\">\n<table class=\"table table_content\">\n<thead>\n<tr>\n<th>Forex Broker<\/th>\n<th>FMA Regulation<\/th>\n<th>Currency Pair<\/th>\n<th>Maximum Leverage<\/th>\n<th><center>Other Platforms<\/center><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\n<a href=\"https:\/\/safeforexbrokers.com\/nz\/reviews\/ig-review\/\">IG Market<\/a><\/p>\n<div class=\"yellow_rating\"><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star-half-alt\"><\/i><\/div>\n<\/td>\n<td>\n<div>Yes<\/p>\n<div><\/td>\n<td>\n<div>80+<\/div>\n<\/td>\n<td>\n<div>1:200<\/div>\n<\/td>\n<td>\n<div>IG Market app, ProRealTime, L2 Dealer<\/div>\n<\/td>\n<\/tr>\n<tr>\n<td>\nTickmill<\/p>\n<div class=\"yellow_rating\"><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star-half-alt\"><\/i><\/div>\n<\/td>\n<td>\n<div>No<\/p>\n<div><\/td>\n<td>\n<div>60+<\/div>\n<\/td>\n<td>\n<div>1:500<\/div>\n<\/td>\n<td>\n<div>MT5, Tickmill trading app<\/div>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<a href=\"https:\/\/safeforexbrokers.com\/nz\/reviews\/cmc-market-review\/\">CMC Market<\/a><\/p>\n<div class=\"yellow_rating\"><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star-half-alt\"><\/i><\/div>\n<\/td>\n<td>\n<div>Yes<\/p>\n<div><\/td>\n<td>\n<div>330+<\/div>\n<\/td>\n<td>\n<div>1:500<\/div>\n<\/td>\n<td>\n<div>Next Generation<\/div>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<a href=\"https:\/\/safeforexbrokers.com\/nz\/reviews\/blackbull-review\/\">Black Bull Market<\/a><\/p>\n<div class=\"yellow_rating\"><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star-half-alt\"><\/i><\/div>\n<\/td>\n<td>\n<div>Yes<\/p>\n<div><\/td>\n<td>\n<div>65+<\/div>\n<\/td>\n<td>\n<div>1:500<\/div>\n<\/td>\n<td>\n<div>MT5, TradingView<\/div>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<a href=\"https:\/\/safeforexbrokers.com\/hfm\/reviews\/hfm-review\/\">HFM<\/a><\/p>\n<div class=\"yellow_rating\"><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star\"><\/i><i class=\"fa fa-star-half-alt\"><\/i><\/div>\n<\/td>\n<td>\n<div>No<\/p>\n<div><\/td>\n<td>\n<div>50+<\/div>\n<\/td>\n<td>\n<div>1:200<\/div>\n<\/td>\n<td>\n<div>MT5, HFM Platform<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2>5 Best MT4 Brokers New Zealand<\/h2>\n<p>Here are the five brokers that made our list of best MT4 brokers in New Zealand for 2023:<\/p>\n<ol class=\"common_list\">\n<li><a class=\"go_to_section\" href=\"#ig\" data-target=\"#ig\"><strong>IG Market<\/strong><\/a> &#8211; Overall Best MT4 Forex Brokers In New Zealand<\/li>\n<li><a class=\"go_to_section\" href=\"#tickmill\" data-target=\"#tickmill\"><strong>Tickmill<\/strong><\/a> &#8211; Low Spread MT4 Broker<\/li>\n<li><a class=\"go_to_section\" href=\"#cmc\" data-target=\"#cmc\"><strong>CMC Market<\/strong><\/a> &#8211; CFD Broker With MT4<\/li>\n<li><a class=\"go_to_section\" href=\"#blackbull\" data-target=\"#blackbull\"><strong>Black Bull Market<\/strong><\/a> &#8211; MT4 Broker With A Wide Range of Assets<\/li>\n<li><a class=\"go_to_section\" href=\"#hfm\" data-target=\"#hfm\"><strong>HFM<\/strong><\/a> &#8211; Best MT4 Broker for Beginners<\/li>\n<\/ol>\n<p>Now we&#8217;ll go ahead and review these MT4 brokers in detail.<\/br><\/p>\n<h3 id=\"ig\">#1 IG Market &#8211; Overall Best MT4 Forex Brokers In New Zealand<\/h3>\n<div class=\"card\">\n<div class=\"row\">\n<div class=\"col-md-4 pr-md-4\">\n<div class=\"card_left text-center\"><a href=\"https:\/\/safeforexbrokers.com\/nz\/visit\/ig-market\/\"><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2022\/07\/ig-logo.png\" alt=\"IG Logo\n\" \/><\/a><br \/>\n<a class=\"btn btn_nrml btn_elg w-100\" href=\"https:\/\/safeforexbrokers.com\/nz\/visit\/ig-market\/\">Visit IG Market <i class=\"fas fa-lock icon\"><\/i><\/a><\/div>\n<\/div>\n<div class=\"col-md-8\">\n<div class=\"card_right\">\n<div class=\"flex_cntr_btwn\">\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">Regulation:<\/div>\n<div class=\"box_rating\">FMA, FCA, ASIC, FSCA, JFSA, DFSA, etc.<\/div>\n<\/div>\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">MT4 Trading Platform<\/div>\n<div class=\"box_rating\">Yes<\/div>\n<\/div>\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">Account Minimum:<\/div>\n<div class=\"box_rating\">$0<\/div>\n<\/div>\n<\/div>\n<p class=\"mt-3 mb-0\">IG Market is an online broker that was established in 1974 and is listed on the London Stock Exchange. They also make up the FTSE 250 Index and have up to 313,000+ clients.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><strong>Regulation:<\/strong> IG Market is regulated by the New Zealand Financial Market Authority (FMA) as a derivative issuer. They are also regulated abroad by bodies like FCA, ASIC, FSCA, JFSA, DFSA, etc. You can trade over 15,000 assets on the IG market.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2023\/07\/ig-regulation.png\" alt=\"FMA IG\" \/><\/p>\n<p><strong>MT4 Features:<\/strong> IG Market MT4 is an advanced trading platform that gives you access to automate trades, build trading algorithms, and even customize your trading experience.<\/p>\n<p>MT4 is available on mobile, web, and desktop, which makes it a readily accessible platform for trading.<\/p>\n<p>IG Market prides itself on the claim that they have 99+% uptime with no third-party bridges. The trading platform also comes with 18 free add-ons and indicators, customizable charts, and a minimum trade size of 0.01 lots.<\/p>\n<p><strong>Other Trading Platforms<\/strong> Aside from MT4, IG Market has about four other trading platforms you can trade on. Here are some of their features:<\/p>\n<p>IG Market App <\/p>\n<ul>\n<li>User-friendly<\/li>\n<li>Available on desktop and mobile app<\/li>\n<li>Live news update<\/li>\n<li>28 technical indicators<\/li>\n<li>Protected with 256-bit SSL encryption technology<\/li>\n<\/ul>\n<p>ProRealTime<\/p>\n<ul>\n<li>Access to 100+ indicators<\/li>\n<li>Allows you to build your own trading algorithm to execute trades for you at any time<\/li>\n<li>Access to view an unlimited number of timeframes<\/li>\n<li>You can get access to historical data dating back over 30 years.<\/li>\n<\/ul>\n<p>L2 Trader<\/p>\n<ul>\n<li>You can anonymously execute trades<\/li>\n<li>Allows you to use volume metrics to analyze the liquidity of an asset<\/li>\n<li>Access to compare market sentiment.<\/li>\n<li>Access to interact directly with the order books of major exchanges.<\/li>\n<li>Available on desktop and mobile.<\/li>\n<\/ul>\n<p><strong>Trading Conditions<\/strong> <\/p>\n<ul>\n<li>Minimum deposit: It depends on the funding methods. For card payments, the minimum deposit is $50, but there is no minimum deposit for bank transfers.<\/li>\n<li>Funding Methods: Cards, bank transfers, and wire transfers are some of the available funding methods.<\/li>\n<li>Tradable instruments: You can trade Forex, shares, commodities, indices, futures, options, cryptocurrencies, and spot on IG market.<\/li>\n<li>Fees: IG market spread\/commission start at 0.6 pip on major FX pairs.<\/li>\n<\/ul>\n<h3 id=\"tickmill\">#2 Tickmill &#8211; Low Spread MT4 Broker.<\/h3>\n<div class=\"card\">\n<div class=\"row\">\n<div class=\"col-md-4 pr-md-4\">\n<div class=\"card_left text-center\"><a href=\"https:\/\/safeforexbrokers.com\/nz\/visit\/Tickmill\/\"><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2023\/07\/tickmill-logo.png\" alt=\"Tickmill Logo\n\" \/><\/a><br \/>\n<a class=\"btn btn_nrml btn_elg w-100\" href=\"https:\/\/safeforexbrokers.com\/nz\/visit\/tickmill\/\">Visit Tickmill <i class=\"fas fa-lock icon\"><\/i><\/a><\/div>\n<\/div>\n<div class=\"col-md-8\">\n<div class=\"card_right\">\n<div class=\"flex_cntr_btwn\">\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">Regulation:<\/div>\n<div class=\"box_rating\">FCA, FSA Seychelles, DFSA, CySEC, etc<\/div>\n<\/div>\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">MT4 Trading Platform<\/div>\n<div class=\"box_rating\">Yes<\/div>\n<\/div>\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">Account Minimum:<\/div>\n<div class=\"box_rating\">$100<\/div>\n<\/div>\n<\/div>\n<p class=\"mt-3 mb-0\">Tickmill was established in 2014 and currently operates as a privately held company that is not listed on any stock exchange.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><strong>Regulation:<\/strong> They have up to 668,000 registered traders but do not have FMA licenses. However, Tickmill is regulated by the Financial Conduct Authority (FCA) UK, which is a tier 1 regulatory body.<\/p>\n<p>They also have regulations from FSA Seychelles, DFSA, CySEC, etc. You can trade over 500 assets on Tickmill.<\/p>\n<p><strong>MT4 Features:<\/strong> Tickmill MT4 is available on mobile, desktop, and web. This trading platform gives you access to automate trading with expert advisors, and you can execute orders with no partial fills. <\/p>\n<p>MT4 also gives you access to up to 30 in-built indicators, and 24 graphic tools. You also have access to one-click trading, which makes it possible for you to execute several trades quickly. <\/p>\n<p>Tickmill MT4 also enables you to turn on alerts, so that when the price hits the bid or ask price you wish to trade with, you can get an alert. Alert also works for other things you wish to monitor.<\/p>\n<p>Professional traders can also make use of the MT4 trading platform to monitor multiple trading accounts.<\/p>\n<p><strong>Other Trading Platforms<\/strong> There are two other trading platforms that you can trade with on Tickmill.<\/p>\n<p>MT5 <\/p>\n<ul>\n<li>21 timeframes<\/li>\n<li>38 integrated indicators<\/li>\n<li>Access to economic calendar<\/li>\n<li>Access to expert advisors and trading robots<\/li>\n<li>You can use six types of pending orders<\/li>\n<li>41 analytical tools<\/li>\n<\/ul>\n<p>Tickmill Trading App<\/p>\n<ul>\n<li>Available on Android, iOS, and APK.<\/li>\n<li>Access to live support.<\/li>\n<li>Fingerprint and facial recognition for security.<\/li>\n<li>Manage documents.<\/li>\n<\/ul>\n<p><strong>Trading Conditions<\/strong> <\/p>\n<ul>\n<li>Minimum deposit: 100 GBP, USD or EUR<\/li>\n<li>Funding Methods: Bank transfer, Neteller, Skrill, PayPal, bank transfer, etc. are some of the available funding methods.<\/li>\n<li>Tradable instruments: You can trade Forex, metals, stock indices, stocks, and bonds in Tickmill.<\/li>\n<li>Fees: The spread in the Tickmill Pro and VIP accounts starts at 0.0 pip, and on the classic account, the spread starts at 1.6 pip. The commission is free on the classic account, while on the VIP account, Tickmill charges a commission of 1 per side per 100,000 traded, and on the pro account, they charge a commission of 2 per side per 100,000 traded.<\/li>\n<\/ul>\n<h3 id=\"cmc\">#3 CMC Markets &#8211; CFD Broker With MT4.<\/h3>\n<div class=\"card\">\n<div class=\"row\">\n<div class=\"col-md-4 pr-md-4\">\n<div class=\"card_left text-center\"><a href=\"https:\/\/safeforexbrokers.com\/nz\/visit\/CMC\/\"><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2023\/07\/cmc-logo.png\" alt=\"CMC Markets\n\" \/><\/a><br \/>\n<a class=\"btn btn_nrml btn_elg w-100\" href=\"https:\/\/safeforexbrokers.com\/nz\/visit\/CMC\/\">Visit CMC Markets <i class=\"fas fa-lock icon\"><\/i><\/a><\/div>\n<\/div>\n<div class=\"col-md-8\">\n<div class=\"card_right\">\n<div class=\"flex_cntr_btwn\">\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">Regulation:<\/div>\n<div class=\"box_rating\">FMA, FCA UK, BaFin, ASIC, and IIROC.<\/div>\n<\/div>\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">MT4 Trading Platform<\/div>\n<div class=\"box_rating\">Yes<\/div>\n<\/div>\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">Account Minimum:<\/div>\n<div class=\"box_rating\">$0<\/div>\n<\/div>\n<\/div>\n<p class=\"mt-3 mb-0\">CMC Market is a financial service provider that was established in 1989. They are listed on the London Stock Exchange and make up the FTSE 250 Index.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><strong>Regulation:<\/strong> CMC Market has up to 300,000 traders from several countries in the world, including New Zealand. They are regulated by the FMA. They are also regulated by the FCA UK, BaFin, ASIC, and IIROC. You can trade over 12,000 assets with CMC Market.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2023\/07\/cmc-regulation.png\" alt=\"CMC FMA\" \/><\/p>\n<p><strong>MT4 Features:<\/strong> Trading with the CMC Market MT4 platform gives you access to thousands of indicators and signals. This customizable trading platform gives you access to a wide range of chart types and tools.<\/p>\n<p>CMC Market allows you to automate your trading using expert advisors and trading robots, without the use of codes. <\/p>\n<p>The minimum trade size when trading on the CMC market on MT4 is 0.01 lot. You also get access to monitor market sentiment.<\/p>\n<p><strong>Other Trading Platforms<\/strong> CMC Market has just one more trading app. Here are some features:<\/p>\n<p>Next Generation <\/p>\n<ul>\n<li>115 technical indicators.<\/li>\n<li>70 chart patterns.<\/li>\n<li>12 time frames.<\/li>\n<li>Access to client sentiment.<\/li>\n<\/ul>\n<p><strong>Trading Conditions<\/strong> <\/p>\n<ul>\n<li>Minimum deposit: No minimum.<\/li>\n<li>Funding Methods: PayPal, credit\/debit card, and Bank transfer.<\/li>\n<li>Tradable instruments: Cryptocurrencies, commodities, Forex, indices, shares, share baskets, and treasuries are the available assets on CMC market.<\/li>\n<li>Fees: CMC Market does not charge a commission; the spread starts at 0.3 pip for spread betting, CFDs, and FX active accounts.<\/li>\n<\/ul>\n<h3 id=\"blackbull\">#4 Black Bull Market &#8211; MT4 Broker With A Wide Range of Assets.<\/h3>\n<div class=\"card\">\n<div class=\"row\">\n<div class=\"col-md-4 pr-md-4\">\n<div class=\"card_left text-center\"><a href=\"https:\/\/safeforexbrokers.com\/nz\/visit\/Black Bull Market\/\"><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2023\/07\/blackbull-logo.png\" alt=\"Logo\"\/><\/a><br \/>\n<a class=\"btn btn_nrml btn_elg w-100\" href=\"https:\/\/safeforexbrokers.com\/nz\/visit\/Black Bull Market\/\">Visit Black Bull Market <i class=\"fas fa-lock icon\"><\/i><\/a><\/div>\n<\/div>\n<div class=\"col-md-8\">\n<div class=\"card_right\">\n<div class=\"flex_cntr_btwn\">\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">Regulation:<\/div>\n<div class=\"box_rating\">FMA, Seychelles.<\/div>\n<\/div>\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">MT4 Trading Platform<\/div>\n<div class=\"box_rating\">Yes<\/div>\n<\/div>\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">Account Minimum:<\/div>\n<div class=\"box_rating\">$0<\/div>\n<\/div>\n<\/div>\n<p class=\"mt-3 mb-0\">Black Bull is a local Forex trader that was established in 2014 in New Zealand. They are a privately held company.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><strong>Regulation:<\/strong> You can trade up to 26,000 assets on Black Bull, and they are regulated by the Financial Market Authority (FMA).They are also regulated by the FSA Seychelles. <\/p>\n<p><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2023\/07\/blackbull-regulation.png\" alt=\"Blackbull Regulation\" \/><\/p>\n<p><strong>MT4 Features:<\/strong> Blackbull MT4 is available on mobile, desktop, and web, and it gives you the opportunity to trade Blackbull&#8217;s wide range of assets using expert advisors and tools for price analysis and trading signals.<\/p>\n<p><strong>Other Trading Platforms<\/strong> Here are some features of the other available trading platforms:<\/p>\n<p>MT5 <\/p>\n<ul>\n<li>Access to expert advisors<\/li>\n<li>Copy trading<\/li>\n<li>Access to tools for comprehensive price analysis <\/li>\n<\/ul>\n<ul>\n<li>When you trade up to one lot with Black Bull, you get access to trading view pro.<\/li>\n<li>Ability to view multiple charts per view.<\/li>\n<li>Serve side alert.<\/li>\n<li>Advanced charting tools.<\/li>\n<\/ul>\n<p><strong>Trading Conditions<\/strong> <\/p>\n<ul>\n<li>Minimum deposit: For the standard account, Black Bull&#8217;s minimum deposit is $0, for the prime account, it&#8217;s $2,000; and for institutional, it&#8217;s $20,000.<\/li>\n<li>Funding Methods: Cryptocurrencies, bank transfers, cards, Skrill, Neteller, Astropay,, etc. are the available funding methods.<\/li>\n<li>Tradable instruments: You can trade forex, shares, commodities, futures, indices, and cryptocurrencies on Black Bull.<\/li>\n<li>Fees: For the ECN standard account, the spread starts at 0.8 pip with no commission; for the ECN prime account, the spread starts at 0.1 pip with a commission of $6 per lot; and for the ECN institutional account, the spread starts at 0.0 pip with a commission of $4 per lot.<\/li>\n<\/ul>\n<h3 id=\"hfm\">#5 HF Markets &#8211; MT4 Broker for Beginners.<\/h3>\n<div class=\"card\">\n<div class=\"row\">\n<div class=\"col-md-4 pr-md-4\">\n<div class=\"card_left text-center\"><a href=\"https:\/\/safeforexbrokers.com\/nz\/visit\/HF Markets\/\"><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2023\/07\/hfm-logo.png\" alt=\"Logo\n\"\/><\/a><br \/>\n<a class=\"btn btn_nrml btn_elg w-100\" href=\"https:\/\/safeforexbrokers.com\/nz\/visit\/HF Markets\/\">Visit HF  Markets <i class=\"fas fa-lock icon\"><\/i><\/a><\/div>\n<\/div>\n<div class=\"col-md-8\">\n<div class=\"card_right\">\n<div class=\"flex_cntr_btwn\">\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">Regulation:<\/div>\n<div class=\"box_rating\">FCA UK, FSCA, CMA, DFSA, etc.<\/div>\n<\/div>\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">MT4 Trading Platform<\/div>\n<div class=\"box_rating\">Yes<\/div>\n<\/div>\n<div class=\"box_listing_content\">\n<div class=\"card_heading\">Account Minimum:<\/div>\n<div class=\"box_rating\">$5<\/div>\n<\/div>\n<\/div>\n<p class=\"mt-3 mb-0\">HF Market is a privately held Forex broker that was established in 2010.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><strong>Regulation:<\/strong> Although they are not regulated by the FMA, they are incorporated in  Saint Vincent and The Grenadines as an international business company.<\/p>\n<p>HF Market is also regulated by the FCA UK, FSCA, CMA, DFSA, etc. Over 2.5 client accounts have been opened with HFM, and you can trade more than 1200 assets with them. <\/p>\n<p><strong>MT4 Features:<\/strong> HFM MT4 comes with ultra-fast trade execution, 30 indicators and tools, 9 timeframes, and one-click trading.<\/p>\n<p>The trading interface is also easy to navigate and suitable for both novice and expert traders. Trading on MT4 with HFM also gives you access to pre-programmed analytical tools, market execution, and 4 pending orders.<\/p>\n<p><strong>Other Trading Platforms<\/strong> Here are the features of other trading platforms:<\/p>\n<p>MT5 <\/p>\n<ul>\n<li>Access to expert advisors<\/li>\n<li>Copy trading<\/li>\n<li>Access to tools for comprehensive price analysis <\/li>\n<\/ul>\n<p>HFM Platform<\/p>\n<ul>\n<li>Market execution.<\/li>\n<li>Multiple threaded.<\/li>\n<li>Access to hedging<\/li>\n<\/ul>\n<p><strong>Trading Conditions<\/strong> <\/p>\n<ul>\n<li>Minimum deposit: $0, except for the pro account, which has a minimum deposit of $100<\/li>\n<li>Funding Methods: Bank transfers, cards, Skrill, Neteller, BitPay, cryptocurrencies, web money, etc. are some of the available deposit and withdrawal methods.<\/li>\n<li>Tradable instruments: HF Market offers Forex, metals, bonds, ETFs, indices, cryptocurrencies, CFD stocks, and energies.<\/li>\n<li>Fees: Spread starts at 1.2 pip on the cent and premium accounts, 0 pip on the zero account, and 0.5 pip on the pro account. The commission is free on all accounts except for the zero accounts, where commission is $0.03 per 1k lot.<\/li>\n<\/ul>\n<h2>What is MetaTrader 4?<\/h2>\n<p>MetaQuotes developed the MetaTrader 4 in 2005. It is designed for futures and Forex trading. MetaTrader 4 allows a trader to analyze the financial markets and use expert advisors. It also supports copy trading. <\/p>\n<p>The platform has a good trading system that supports instant execution and market orders. It also supports buy limit orders, sell limit orders, sell stop orders, buy stop orders, 2 stop orders, and trailing stop loss. The combination of these functions allows you to be flexible with your trading strategies.<\/p>\n<p>MetaTrader 4 also supports tools that help your technical analysis. These tools, which include 30 indicators and 24 graphic objects, are built-in. You do not need to install them, Moving averages, relative strength index, stochastic, trendlines, Fibonacci tools, and more are available for thorough technical analysis.<\/p>\n<p>Most MT4 brokers offer a trading platform across different devices and operating systems. You can download your broker\u2019s MT4 platform and install it on your PC. You can also use the platform on your mobile phone (android or iOS). In addition to these, there is also the MT4 web trading platform that you can access via your broker\u2019s website.<\/p>\n<h2>How Do You Choose the Best MetaTrader 4 Brokers?<\/h2>\n<h4>Regulation<\/h4>\n<p>As we have earlier stated, online Forex trading in New Zealand is regulated by the Financial Market Authority (FMA).<\/p>\n<p>It is advisable that, when choosing a broker, you consider one that is regulated by the FMA. This is the only way the government of New Zealand can protect your trading rights as a trader. <\/p>\n<p>However, in the case where your preferred broker is not regulated by the FMA, you may want to consider ensuring that they are regulated by a top-tier regulatory body like the FCA. <\/p>\n<p>Aside from this, you should ensure that non FMA regulated brokers do not open your trading account with offshore regulators. These offshore regulators have less strict rules and may not provide enough protection for you. Rather, your account should be opened with an onshore regulator.<\/p>\n<h4>Fees<\/h4>\n<p>All brokers charge fees because that&#8217;s how they make money, and when it comes to fees, no broker is perfect, you just have to choose what suits your trading style best. <\/p>\n<p>Spread and commission are two of the most common fees that brokers charge. It is advisable that you go for brokers who charge a tight spread and low commissions.<\/p>\n<p>Other fees included deposit and withdrawal fees, inactivity fees, and swaps. Not all brokers charge these fees, so they can be avoided. All in all, let your trading style guide you when choosing a broker as it relates to fees. <\/p>\n<h4>Availability of Platform<\/h4>\n<p>A good Forex broker should have trading platforms that are easily accessible on all devices. <\/p>\n<p>Any broker that offers MT4 has a trading platform that is available on mobile, desktop, and the web. This makes MT4 a versatile platform. <\/p>\n<p>It is important to choose a broker whose trading app is compatible with all types of devices, as it gives you the chance to change devices at any time without worrying about difficulties in using your trading platform.<\/p>\n<h4>Range of Market<\/h4>\n<p>You may want to consider brokers who offer a wide range of tradable assets. This enables you to hedge your open positions and trade several assets with one broker.<\/p>\n<p>Another thing to ensure is that the tradable instruments your broker offers are assets that you have an interest in trading. <\/p>\n<h4>Customer service<\/h4>\n<p>A good broker should have customer service that is available at any time of the day and reachable through various means. <\/p>\n<h2>How to Get MT4 on iPhone After Ban<\/h2>\n<p>MT4 was removed from the Apple App store on September 23,2022. According to the company the app did not comply with review guidelines. After about six months, MT4 was reinstated on the App Store March 6, 2023. Now you can get MT4 on your iphone now that the ban is no longer in place.<\/p>\n<h2>How to Get MT4 on iPhone<\/h2>\n<p>1. Go to App store on your phone by clicking on the App store icon. (highlighted yellow)<\/p>\n<p><center><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2024\/04\/trading-app-appstore.png\" alt=\"MT4 on Appstore\" style=\"border: 1px solid #ececec; padding: 10px; box-shadow: 0 0 30px rgba(0,0,0,.05);\"  \/><\/center><\/p>\n<p>2. Search for MetaTrader 4 in the search window. The App store will give show you an option to click.<\/p>\n<p><center><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2024\/04\/search-mt4.png\" alt=\"Search Trading App on iPhone\" style=\"border: 1px solid #ececec; padding: 10px; box-shadow: 0 0 30px rgba(0,0,0,.05);\"  \/><\/center><\/p>\n<p>3. When you click the option, you will arrive at the MT4 page. It will look like the image below. Note the image and the logo of MT4. In addition, the name of the company is important. In the image, you can see the manufacturer&#8217;s name which is MetaQuotes Software Corp. Download the app by clicking &#8216;GET&#8217;.<\/p>\n<p><center><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2024\/04\/get-mt4-iphone.png\" alt=\"Download MT4\" style=\"border: 1px solid #ececec; padding: 10px; box-shadow: 0 0 30px rgba(0,0,0,.05);\"  \/><\/center><\/p>\n<p>5. When the download is complete, install the app on your iPhone. <\/p>\n<p>6. Open the app when installation is complete. Find your broker&#8217;s server and enter log in details if you have an existing trading account. If you don&#8217;t have one, you can open a default MT4 demo account or a demo account from your broker.<\/p>\n<p><center><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2024\/04\/login-on-iphone.png\" alt=\"Choose Account on MT4\" style=\"border: 1px solid #ececec; padding: 10px; box-shadow: 0 0 30px rgba(0,0,0,.05);\"  \/><\/center><\/p>\n<p>7. If you follow this process, then you are ready to start using MT4 and trading CFDs. You can customize the colors  and display on the chart if you want.  <\/p>\n<p><center><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2024\/04\/use-mt4-on-iphone.png\" alt=\"Trade with MT4 on iPhone\" style=\"border: 1px solid #ececec; padding: 10px; box-shadow: 0 0 30px rgba(0,0,0,.05);\"  \/><\/center><\/p>\n<h2>Do I Need a Broker for MT4?<\/h2>\n<p>Yes, you need a forex broker to access live market rates and updates on MT4. If you download MT4 on your mobile phone, you can access a demo account offered by MetaQuotes. It is automatic and you do not need a broker for this demo account.<\/p>\n<p>However, it is better that you sign up with a broker instead. This allows you open a demo account from your broker and assess their trading conditions. Then you can proceed to open a live account by searching for your broker&#8217;s server and entering your log in details.<\/p>\n<p>For a more easy process, it is advisable that you download MT4 from your broker&#8217;s website. It will likely be customized and made for your broker. You will not have to carry out a long search to find your broker&#8217;s server. <\/p>\n<h2>Placing your first MT4 trade<\/h2>\n<p>Here is how you go about placing your first trade on MT4. <\/p>\n<p>1) Open the chart of a any trading instrument by right-clicking in the <strong>Market Watch<\/strong> window.<\/p>\n<p>2) Click <strong>New Order<\/strong> to bring up the trading window. Here is what the trading window looks like.<\/p>\n<p><center><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2025\/06\/place-first-mt4-trade.png\" alt=\"MT4 Trading Window\" style=\"border: 1px solid #ececec; padding: 10px; box-shadow: 0 0 30px rgba(0,0,0,.05);\"  \/><\/center><\/p>\n<p>3) On the window, select your order type and set other parameters like take profit or stop loss. After this, click <strong>Buy or Sell<\/strong>.<\/p>\n<h2>Will you incur any fees for using MT4?<\/h2>\n<p>MT4 is provided for free by forex brokers to their clients. This makes the trading platform easily accessible. You will not pay any fees. Rather, your broker pays the licensing cost to use the software to the developer (MetaQuotes).<\/p>\n<p>While your use of MT4 is free, your trading is not. Depending on the broker you choose, you will incur charges for trading CFDs. These fee are not charged by MT4 or MetaQuotes but by your broker. These fees could be in form of spreads, commissions, and rollover charges (a fee charged when you hold a position overnight).<\/p>\n<p>Furthermore, you might incur more charges if you want to use third-party tools and services. These tools include Expert Advisors (EAs), customized indicators, data feeds, and VPS. <\/p>\n<h2>Does MT4 have risk management tools?<\/h2>\n<p>Yes, MT4 has risk management tools. Stop loss and take profit orders are the most common. You us them to exit a trade at a profitable or losing position. All you need to do is set them when placing your trades.<br \/>\nIt is possible for a stop-loss order to fail. This means you might lose more money than you calculated. Forex brokers offer guaranteed stop loss order(GSLO); an advanced risk management tool to mitigate this risk.<br \/>\nWe reviewed CMC Markets in this research. They are one of the brokers with GSLO.<\/p>\n<p><center><img decoding=\"async\" src=\"https:\/\/safeforexbrokers.com\/nz\/wp-content\/uploads\/2025\/08\/mt4-broker-gslo.png\" alt=\"MT4 Risk Management\" style=\"border: 1px solid #ececec; padding: 10px; box-shadow: 0 0 30px rgba(0,0,0,.05);\"  \/><\/center><\/p>\n<p>Trailing stop and margin alerts are also part of MT4\u2019s risk management tools. Trailing stops adjust your stop-loss level as the market moves in the favor of your position. This ensures you secure your gains are protected. Margin alerts lets you know when your open positions are at risk due to insufficient margin.<\/p>\n<h2>Does MT4 support backtesting?<\/h2>\n<p>Backtesting is a crucial tool for forex traders. Traders use it to assess their trading strategy by using historical data. MT4 supports two type of  backtesting \u2014 manual and automatic. Automatic backtesting is not enabled as a default setting on MT4. You have to enable it from the\u201dView\u201d sub-menu. Once you do this, you can test your EAs or indicators.<\/p>\n<h2>Can I get free VPS on MT4?<\/h2>\n<p>Most forex broker offer Virtual Private Servers (VPS). A VPS allows you to run your Expert Advisors (EA) round the clock (24\/7). This means you do not have to use your home compute and you can trade without interruption. Your execution time will even get faster if your VPS is close to your MT4 servers. You can enter your trades at your preferred prices quicker.<\/p>\n<p>Equinix data centers are major hubs for trading infrastructures. This is where most forex brokers host their trading servers. If your forex broker has their VPS VPS near these infrastructure hubs, such as at Equinix NY4 (New York) or LD4 (London), your trading latency will be low. The low latency should serve you well especially if you are a scalper.<\/p>\n<p>Forex brokers charge for VPS. Some might offer it for free (like Pepperstone which we have reviewed).<\/p>\n<h2>FAQs About MT4 Brokers In New Zealand<\/h2>\n<div itemscope itemtype=\"https:\/\/schema.org\/FAQPage\">\n<div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n<h3 itemprop=\"name\">Which Broker Is Best  For MT4?<\/h3>\n<div itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\">\n<span itemprop=\"text\"><\/p>\n<p>IG Market, CMC Market, HF Market, Black Bull, and Tickmill are some of the best MT4 brokers in New Zealand.<\/p>\n<p><\/span>\n<\/div>\n<\/div>\n<div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n<h3 itemprop=\"name\">Can a Broker Manipulate MT4?<\/h3>\n<div itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\">\n<span itemprop=\"text\"><\/p>\n<p>Yes, there are claims that a broker can manipulate MT4. <\/p>\n<p>They can do this by causing slippage, fake spikes, or anything else to help them make more profit. This is why there is a strong emphasis on trading with a well-regulated broker, whose reputation and license will be at stake if they try to manipulate trading platforms.\n<\/p>\n<p><\/span>\n<\/div>\n<\/div>\n<div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n<h3 itemprop=\"name\">Can I Trade Forex In New Zealand?<\/h3>\n<div itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\">\n<span itemprop=\"text\"><\/p>\n<p>Yes, you can trade Forex in New Zealand, as trading Forex is legal and locally regulated. However, ensure that you trade with FMA-regulated brokers.<\/p>\n<p><\/span>\n<\/div>\n<\/div>\n<div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n<h3 itemprop=\"name\">Can I Use MT4 Without a Broker?<\/h3>\n<div itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\">\n<span itemprop=\"text\"><\/p>\n<p>No, you cannot use MT4 without a broker. If MT4 is your preferred trading platform, compare brokers&#8217; offerings and choose one that suits your trading style.<\/p>\n<p><\/span>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MT4 is one of the most popular trading platforms across the globe, with more than 14 million users as of 2014. Unlike a broker&#8217;s proprietary trading platform, MT4 does not belong to a broker; however, to use MT4, you need a broker. Thankfully, seeing that a good number of traders prefer to use MT4 rather [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"forex-trading-guide.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-264","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Best MT4 Brokers in New Zealand 2026 Safe Forex Brokers New Zealand<\/title>\n<meta name=\"description\" content=\"If you&#039;re looking for the best MT4 brokers operating in New Zealand, then check out this list for everything you need to know.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/safeforexbrokers.com\/nz\/best-mt4-brokers\/\" \/>\n<meta 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