Essential

FMA (New Zealand)

Financial Markets Authority - New Zealand's financial services regulator.

Definition

FMA (Financial Markets Authority) is New Zealand's financial markets regulator. Previously popular with offshore brokers due to lighter regulation, New Zealand has since tightened rules to align more closely with Australian (ASIC) standards.

How It Works

Regulates financial services in New Zealand
Derivatives issuer license required for forex brokers
Rules tightened significantly since 2021
Works closely with ASIC on cross-border issues

Trading Tips

NZ regulation has improved but verify broker carefully

Some older NZ licenses were obtained under lax rules

Check FMA register for current license status

Related Terms

Back to Glossary

Start Trading

Put Your Knowledge Into Practice

Compare regulated brokers and find the best one for your trading style.

Compare Brokers Browse Glossary