{"id":104,"date":"2020-05-20T19:08:19","date_gmt":"2020-05-20T19:08:19","guid":{"rendered":"https:\/\/learnbonds.com\/nz\/nzshare-brokers\/"},"modified":"2024-04-29T11:03:02","modified_gmt":"2024-04-29T11:03:02","slug":"share-brokers","status":"publish","type":"page","link":"https:\/\/learnbonds.com\/nz\/share-brokers","title":{"rendered":"Share Brokers New Zealand \u2013 Compare the Best Brokers"},"content":{"rendered":"<p>Investing in shares is one of the best ways to grow your wealth over time, but if you\u2019re new to building a portfolio, you\u2019ll need the best share broker for the job.<\/p>\n<p>In this guide, we\u2019ll help you find the best share brokers NZ by comparing six of our favorite platforms. We\u2019ll also explain how the New Zealand share market works and how to choose the best share broker for you.<\/p>\n<div data-accordeon class=\"toc-block\">\n  <div data-accordeon-item>\n    <div data-accordeon-title class=\"toc-title-wrapper\">\n      <div type=\"button\" class=\"toc-btn toc-btn_main\">\n          <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#fff\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/div>\n      <span class=\"toc-title\">\n        In This Guide      <\/span>\n    <\/div>\n      <ul data-accordeon-content class=\"toc-list\" style=\"display: none;\">\n          <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#how_to_buy_shares_in_new_zealand_in_3_quick_steps\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">How to Buy Shares in New Zealand in 3 Quick Steps<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#share_brokers_nz_select_a_platform\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Share Brokers NZ \u2013 Select a Platform<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item subList-in-progress\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#learn_how_the_shares_market_works_in_new_zealand\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Learn How the Shares Market Works in New Zealand<\/a>\n\n          <button data-accordeon-title class=\"toc-btn\" type=\"button\">\n        <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#060606\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/button>\n        <\/div>\n\n      <ol data-accordeon-content class=\"StepProgress-sub-list\" style=\"display: none;\" id=\"TOC1sublist-learn_how_the_shares_market_works_in_new_zealand\">\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#what_youll_need_to_know_before_you_start_trading\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">What You\u2019ll Need to Know Before You Start Trading<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#what_are_shares_and_how_do_you_trade_them\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">What are Shares and How do you Trade them?<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#how_to_earn_from_share_trading\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">How to Earn from Share Trading<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#what_regulations_are_in_place_for_share_brokers_in_new_zealand\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">What Regulations are in Place for Share Brokers in New Zealand?<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#what_risks_are_involved_with_using_a_share_broker_in_new_zealand\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">What Risks are Involved with using a Share Broker in New Zealand?<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#how_trading_cfds_and_shares_differ\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">How Trading CFDs and Shares Differ<\/a>\n          <\/li>\n          <\/ol>\n  <\/div>\n    <\/li>  <li class=\"StepProgress-item subList-in-progress\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_to_look_for_in_an_account\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What to Look for in an Account<\/a>\n\n          <button data-accordeon-title class=\"toc-btn\" type=\"button\">\n        <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#060606\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/button>\n        <\/div>\n\n      <ol data-accordeon-content class=\"StepProgress-sub-list\" style=\"display: none;\" id=\"TOC1sublist-what_to_look_for_in_an_account\">\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#nzx_membership\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">NZX Membership<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#educational_resources\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Educational Resources<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#website_and_trading_platform\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Website and Trading Platform<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#customer_service\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Customer Service<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#brokerage_fees_and_costs\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Brokerage Fees and Costs<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#other_services\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Other Services<\/a>\n          <\/li>\n          <\/ol>\n  <\/div>\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#pros_and_cons_of_share_trading\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Pros and Cons of Share Trading<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#conclusion\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Conclusion<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#faqs\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">FAQs<\/a>\n\n        <\/div>\n\n    <\/li>      <\/ul>\n  <\/div>\n    <ul data-accordeon-content class=\"toc-list\" style=\"display: none;\">\n        <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#how_to_buy_shares_in_new_zealand_in_3_quick_steps\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">How to Buy Shares in New Zealand in 3 Quick Steps<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#share_brokers_nz_select_a_platform\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Share Brokers NZ \u2013 Select a Platform<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item subList-in-progress\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#learn_how_the_shares_market_works_in_new_zealand\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Learn How the Shares Market Works in New Zealand<\/a>\n\n          <button data-accordeon-title class=\"toc-btn\" type=\"button\">\n        <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#060606\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/button>\n        <\/div>\n\n      <ol data-accordeon-content class=\"StepProgress-sub-list\" style=\"display: none;\" id=\"TOC1sublist-learn_how_the_shares_market_works_in_new_zealand\">\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#what_youll_need_to_know_before_you_start_trading\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">What You\u2019ll Need to Know Before You Start Trading<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#what_are_shares_and_how_do_you_trade_them\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">What are Shares and How do you Trade them?<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#how_to_earn_from_share_trading\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">How to Earn from Share Trading<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#what_regulations_are_in_place_for_share_brokers_in_new_zealand\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">What Regulations are in Place for Share Brokers in New Zealand?<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#what_risks_are_involved_with_using_a_share_broker_in_new_zealand\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">What Risks are Involved with using a Share Broker in New Zealand?<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#how_trading_cfds_and_shares_differ\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">How Trading CFDs and Shares Differ<\/a>\n          <\/li>\n          <\/ol>\n  <\/div>\n    <\/li>  <li class=\"StepProgress-item subList-in-progress\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_to_look_for_in_an_account\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What to Look for in an Account<\/a>\n\n          <button data-accordeon-title class=\"toc-btn\" type=\"button\">\n        <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#060606\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/button>\n        <\/div>\n\n      <ol data-accordeon-content class=\"StepProgress-sub-list\" style=\"display: none;\" id=\"TOC1sublist-what_to_look_for_in_an_account\">\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#nzx_membership\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">NZX Membership<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#educational_resources\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Educational Resources<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#website_and_trading_platform\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Website and Trading Platform<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#customer_service\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Customer Service<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#brokerage_fees_and_costs\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Brokerage Fees and Costs<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#other_services\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Other Services<\/a>\n          <\/li>\n          <\/ol>\n  <\/div>\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#pros_and_cons_of_share_trading\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Pros and Cons of Share Trading<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#conclusion\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Conclusion<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#faqs\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">FAQs<\/a>\n\n        <\/div>\n\n    <\/li>    <\/ul>\n<\/div>\n\n<h2 id=\"how_to_buy_shares_in_new_zealand_in_3_quick_steps\">How to Buy Shares in New Zealand in 3 Quick Steps<\/h2>\n<h2 id=\"share_brokers_nz_select_a_platform\">Share Brokers NZ \u2013 Select a Platform<\/h2>\n<p>The first step on the road to trading shares is to find the best share broker NZ for you. There are more share brokers in New Zealand than ever before, which is good news for finding one with low share trading fees and plenty of share choices. Here, we\u2019ll highlight six of our favorite brokers and explain why we think each is worth considering.<\/p>\n                    \n                    <div class=\"inContentProviderStatic inContentColor--learnbonds fc-row\">\n                        <div class=\"inContentProviderStatic--wrapper\">\n                            <div class=\"container p-0\">\n                                <div class=\"row mb-lg-3 inContentProviderStatic--headerRow\">\n                                    <div class=\"col-12\">\n                                        <h3 class=\"inContentProviderStatic--title\"><strong>1. Plus500 - Share Trading Available Through CFDs<\/strong><\/h3>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row mb-3 pt-sm-3 pt-md-3 pt-lg-0\">\n                                    <div class=\"col-12 col-sm-8 col-lg-9\">\n                                        <div class=\"inContentProviderStatic--descriptions\">\n                                            <p>\n<\/p><p class=\"paragraph-text-0\">Plus500 offers New Zealanders share trading on hundreds of global stocks. Instead of trading shares outright with Plus500, you\u2019ll trade CFDs with leverage of up to 20:1. Margin requirements are low, making it straight forward to place big bets even with a small initial investment.<\/p>\n<p class=\"paragraph-text-0\">This NZ share broker offers commission-free share trading and has some of the tightest spreads we\u2019ve seen. That means you pay less per trade, every time you buy and sell shares. On top of that, Plus500 offers user-friendly technical charts that you can use to assess your trades. You can also take advantage of alerts so that you never miss a big price movement.<\/p>\n<p><img class=\"paragraph-image-0\"><\/p>\n                                        <\/div><!--\/.descriptions-->\n                                    <\/div>\n                                    <div class=\"col-12 col-sm-4 col-lg-3 order-first order-md-2\">\n                                        <div class=\"inContentProviderStatic--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Our Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 94%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div><!--\/.rating-->\n\n                                        <div class=\"inContentProviderStatic--provider-logo mt-2\">\n                                            <img decoding=\"async\" class=\"float-md-right\" src=\"https:\/\/learnbonds.com\/nz\/wp-content\/uploads\/sites\/9\/2020\/05\/Plus500-Logo-1.png\" alt=\"\">\n                                        <\/div><!--\/.logo-->\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <div class=\"col-12 col-md-6\">\n                                        <div class=\"inContentProviderStatic--pros\">\n                                            <ul class=\"inContentProviderStatic--pros-list\">\n                                                                                                    <li>Global Markets: Access hundreds of shares<\/li>\n                                                                                                    <li>Leverage: Trade on margins up to 20:1<\/li>\n                                                                                                    <li>Price Alerts: Never miss a trading opportunity<\/li>\n                                                                                                                                                                                            <\/ul>\n                                        <\/div>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-6\">\n                                        <div class=\"inContentProviderStatic--cons\">\n                                            <ul class=\"inContentProviderStatic--cons-list\">\n                                                                                                    <li>No Social Trading: Cannot discuss stocks with other traders<\/li>\n                                                                                                    <li>Does not support scalping of hedging<\/li>\n                                                                                                    <li>Education: Does not offer any training resources<\/li>\n                                                                                                                                                                                            <\/ul>\n                                        <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row mt-3\">\n                                    <div class=\"col-12 col-md-12 text-center text-sm-left\">\n                                        <div class=\"inContentProviderStatic--button\">\n                                                                                        <a href=\"https:\/\/learnbonds.com\/visit\/plus500\" title=\"Start Trading\" rel=\"sponsored\" data-relfix=\"1\">Visit Plus500<\/a>\n                                        <\/div>\n                                        <div class=\"inContentProviderStatic--disclaimerText\">\n                                            76.4% of retail investor accounts lose money when trading.                                        <\/div>\n                                    <\/div>\n                                <\/div>\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderStatic--wrapper-->\n                    <\/div><!--\/.inContentProviderStatic-->\n\n                                        \n                    \n                    <div class=\"inContentProviderStatic inContentColor--learnbonds fc-row\">\n                        <div class=\"inContentProviderStatic--wrapper\">\n                            <div class=\"container p-0\">\n                                <div class=\"row mb-lg-3 inContentProviderStatic--headerRow\">\n                                    <div class=\"col-12\">\n                                        <h3 class=\"inContentProviderStatic--title\"><strong>2. FinmaxFX - Share Trading Education<\/strong><\/h3>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row mb-3 pt-sm-3 pt-md-3 pt-lg-0\">\n                                    <div class=\"col-12 col-sm-8 col-lg-9\">\n                                        <div class=\"inContentProviderStatic--descriptions\">\n                                            <p>\n<\/p><p class=\"paragraph-text-0\">FinmaxFX is built around <a href=\"https:\/\/learnbonds.com\/forex-trading\">forex trading<\/a>, but this NZ broker also offers an impressively wide range of stocks for share trading. There are hundreds of stocks drawn from around the world, including from less-common exchanges such as the Moscow and Athens Stock Exchanges.<\/p>\n<p class=\"paragraph-text-0\">One of the things we like best about FinmaxFX is the educational resources this platform offers for new share traders. The broker keeps dozens of articles covering important technical indicators and shares trading basics. Plus, you get access to a <a href=\"https:\/\/learnbonds.com\/forex-brokers\/demo-accounts\">demo forex trading account<\/a> that you can use to safely explore share trading before you commit money to your positions.<\/p>\n<p class=\"paragraph-text-0\">Unfortunately, FinmaxFX charges 2-3% for withdrawals, depending on the transfer method you use. Fees for inactivity can also be quite hefty if you don\u2019t place a trade at least once every two months.<\/p>\n<p><img class=\"paragraph-image-0\"><\/p>\n                                        <\/div><!--\/.descriptions-->\n                                    <\/div>\n                                    <div class=\"col-12 col-sm-4 col-lg-3 order-first order-md-2\">\n                                        <div class=\"inContentProviderStatic--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Our Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 90%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div><!--\/.rating-->\n\n                                        <div class=\"inContentProviderStatic--provider-logo mt-2\">\n                                            <img decoding=\"async\" class=\"float-md-right\" src=\"https:\/\/learnbonds.com\/nz\/wp-content\/uploads\/sites\/9\/2020\/05\/FinmaxFX-Logo.png\" alt=\"\">\n                                        <\/div><!--\/.logo-->\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <div class=\"col-12 col-md-6\">\n                                        <div class=\"inContentProviderStatic--pros\">\n                                            <ul class=\"inContentProviderStatic--pros-list\">\n                                                                                                    <li>Unique Exchanges: Trade global shares from less popular exchanges<\/li>\n                                                                                                    <li>Trade with Leverage: Up to 20:1 for share trading<\/li>\n                                                                                                    <li>Trader Education: Access guides and a demo account<\/li>\n                                                                                                                                                                                            <\/ul>\n                                        <\/div>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-6\">\n                                        <div class=\"inContentProviderStatic--cons\">\n                                            <ul class=\"inContentProviderStatic--cons-list\">\n                                                                                                    <li>Steep Fees: Withdrawal and inactivity fees can add up<\/li>\n                                                                                                                                                                                            <\/ul>\n                                        <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row mt-3\">\n                                    <div class=\"col-12 col-md-12 text-center text-sm-left\">\n                                        <div class=\"inContentProviderStatic--button\">\n                                                                                        <a href=\"https:\/\/learnbonds.com\/nz\/visit\/finmaxfx\" title=\"Start Trading\" rel=\"sponsored\" data-relfix=\"1\">Visit FinmaxFX<\/a>\n                                        <\/div>\n                                        <div class=\"inContentProviderStatic--disclaimerText\">\n                                                                                    <\/div>\n                                    <\/div>\n                                <\/div>\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderStatic--wrapper-->\n                    <\/div><!--\/.inContentProviderStatic-->\n\n                                        \n                    \n                    <div class=\"inContentProviderStatic inContentColor--learnbonds fc-row\">\n                        <div class=\"inContentProviderStatic--wrapper\">\n                            <div class=\"container p-0\">\n                                <div class=\"row mb-lg-3 inContentProviderStatic--headerRow\">\n                                    <div class=\"col-12\">\n                                        <h3 class=\"inContentProviderStatic--title\"><strong>3. AvaTrade - Access to MetaTrader<\/strong><\/h3>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row mb-3 pt-sm-3 pt-md-3 pt-lg-0\">\n                                    <div class=\"col-12 col-sm-8 col-lg-9\">\n                                        <div class=\"inContentProviderStatic--descriptions\">\n                                            <p>\n<\/p><p class=\"paragraph-text-0\">AvaTrade comes with its own advanced charting software, which includes more technical studies than most traders can use. On top of that, AvaTrade provides every account holder with access to MetaTrader 5. This charting and analysis software is extremely popular among experienced share traders because it enables backtesting strategies and creating custom trading signals.<\/p>\n<p class=\"paragraph-text-0\">AvaTrade\u2019s selection of <a href=\"https:\/\/learnbonds.com\/stock-trading\/\">shares to trade<\/a> is more limited than some other NZ share brokers, however. You only get access to around 50 stocks, most of them on the New York and NASDAQ exchanges. That said, we like that AvaTrade offers copy trading. If you find a trader with a winning strategy, you can commit some or all of your portfolio to automatically mirror their share trades.<\/p>\n<p><img class=\"paragraph-image-0\"><\/p>\n                                        <\/div><!--\/.descriptions-->\n                                    <\/div>\n                                    <div class=\"col-12 col-sm-4 col-lg-3 order-first order-md-2\">\n                                        <div class=\"inContentProviderStatic--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Our Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 90%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div><!--\/.rating-->\n\n                                        <div class=\"inContentProviderStatic--provider-logo mt-2\">\n                                            <img decoding=\"async\" class=\"float-md-right\" src=\"https:\/\/learnbonds.com\/nz\/wp-content\/uploads\/sites\/9\/2020\/05\/AvaTrade-Logo.png\" alt=\"\">\n                                        <\/div><!--\/.logo-->\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <div class=\"col-12 col-md-6\">\n                                        <div class=\"inContentProviderStatic--pros\">\n                                            <ul class=\"inContentProviderStatic--pros-list\">\n                                                                                                    <li>MetaTrader 5: Advanced charting and strategy testing<\/li>\n                                                                                                    <li>Copy Trading: Mimic other trader\u2019s share trading strategies<\/li>\n                                                                                                    <li>Leverage: Trade shares at up to 20:1 margin<\/li>\n                                                                                                                                                                                            <\/ul>\n                                        <\/div>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-6\">\n                                        <div class=\"inContentProviderStatic--cons\">\n                                            <ul class=\"inContentProviderStatic--cons-list\">\n                                                                                                    <li>Limited Selection: Only around 50 US stocks for share trading<\/li>\n                                                                                                                                                                                            <\/ul>\n                                        <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row mt-3\">\n                                    <div class=\"col-12 col-md-12 text-center text-sm-left\">\n                                        <div class=\"inContentProviderStatic--button\">\n                                                                                        <a href=\"https:\/\/learnbonds.com\/visit\/avatrade\" title=\"Start Trading\" rel=\"sponsored\" data-relfix=\"1\">Visit AvaTrade<\/a>\n                                        <\/div>\n                                        <div class=\"inContentProviderStatic--disclaimerText\">\n                                                                                    <\/div>\n                                    <\/div>\n                                <\/div>\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderStatic--wrapper-->\n                    <\/div><!--\/.inContentProviderStatic-->\n\n                                        \n<p class=\"paragraph-text-0\">                    \n                    <div class=\"inContentProviderStatic inContentColor--learnbonds fc-row\">\n                        <div class=\"inContentProviderStatic--wrapper\">\n                            <div class=\"container p-0\">\n                                <div class=\"row mb-lg-3 inContentProviderStatic--headerRow\">\n                                    <div class=\"col-12\">\n                                        <h3 class=\"inContentProviderStatic--title\"><strong>4. Forex.com - Low-cost Share Trading<\/strong><\/h3>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row mb-3 pt-sm-3 pt-md-3 pt-lg-0\">\n                                    <div class=\"col-12 col-sm-8 col-lg-9\">\n                                        <div class=\"inContentProviderStatic--descriptions\">\n                                            <p>\n<\/p><p class=\"paragraph-text-0\">Forex.com offers NZ share traders access to around 220 stocks in the US and UK through CFDs. Interestingly, this share broker isn\u2019t fully commission-free. You\u2019ll pay trade commissions of around 0.08% per trade, but spreads for share trading can be as low as 0.01%. This low spread means that trading shares with Forex.com is actually cheaper for most investors. Another nice thing about Forex.com is that it keeps other fees low.<\/p>\n<p class=\"paragraph-text-0\">The broker does charge an inactivity fee of 25 NZD per month, but only if you haven\u2019t placed a trade in over one year. There are also no deposit or withdrawal fees with this broker. Forex.com\u2019s trading platform is good for advanced share traders. The software includes more than 80 technical indicators and is built with fully customizable dashboards. Helpfully, Forex.com also offers NZ share traders access to a web platform and a mobile app for trading on the go.<\/p>\n<p class=\"paragraph-text-0\"><img class=\"paragraph-image-0\"><\/p>\n                                        <\/div><!--\/.descriptions-->\n                                    <\/div>\n                                    <div class=\"col-12 col-sm-4 col-lg-3 order-first order-md-2\">\n                                        <div class=\"inContentProviderStatic--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Our Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 90%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div><!--\/.rating-->\n\n                                        <div class=\"inContentProviderStatic--provider-logo mt-2\">\n                                            <img decoding=\"async\" class=\"float-md-right\" src=\"https:\/\/learnbonds.com\/nz\/wp-content\/uploads\/sites\/9\/2020\/05\/Forex.com-Logo.png\" alt=\"\">\n                                        <\/div><!--\/.logo-->\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <div class=\"col-12 col-md-6\">\n                                        <div class=\"inContentProviderStatic--pros\">\n                                            <ul class=\"inContentProviderStatic--pros-list\">\n                                                                                                    <li>Inexpensive Share Trades: Low commissions and spreads<\/li>\n                                                                                                    <li>Minimal Fees: Small inactivity fee and no withdrawal fees<\/li>\n                                                                                                    <li>Mobile Platform: Trade from anywhere in the world<\/li>\n                                                                                                                                                                                            <\/ul>\n                                        <\/div>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-6\">\n                                        <div class=\"inContentProviderStatic--cons\">\n                                            <ul class=\"inContentProviderStatic--cons-list\">\n                                                                                                    <li>Limited Selection: Only offers trading for US and UK stocks<\/li>\n                                                                                                                                                                                            <\/ul>\n                                        <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row mt-3\">\n                                    <div class=\"col-12 col-md-12 text-center text-sm-left\">\n                                        <div class=\"inContentProviderStatic--button\">\n                                                                                        <a href=\"https:\/\/learnbonds.com\/visit\/forex.com\" title=\"Start Trading\" rel=\"sponsored\" data-relfix=\"1\">Visit Forex.com<\/a>\n                                        <\/div>\n                                        <div class=\"inContentProviderStatic--disclaimerText\">\n                                                                                    <\/div>\n                                    <\/div>\n                                <\/div>\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderStatic--wrapper-->\n                    <\/div><!--\/.inContentProviderStatic-->\n\n                                        \n                    \n                    <div class=\"inContentProviderStatic inContentColor--learnbonds fc-row\">\n                        <div class=\"inContentProviderStatic--wrapper\">\n                            <div class=\"container p-0\">\n                                <div class=\"row mb-lg-3 inContentProviderStatic--headerRow\">\n                                    <div class=\"col-12\">\n                                        <h3 class=\"inContentProviderStatic--title\"><strong>5. FBS - Account Options<\/strong><\/h3>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row mb-3 pt-sm-3 pt-md-3 pt-lg-0\">\n                                    <div class=\"col-12 col-sm-8 col-lg-9\">\n                                        <div class=\"inContentProviderStatic--descriptions\">\n                                            <p>\n<\/p><p class=\"paragraph-text-0\">FBS offers traders a few different account types, giving you options as to how much you want to invest and what commissions you\u2019ll pay. With any account, the selection of shares is limited to around 40 US and UK companies. So, it may not be the ideal broker if you\u2019re looking to create a diversified share portfolio.<\/p>\n<p class=\"paragraph-text-0\">FBS offers its own mobile trading platform, but account holders also get access to MetaTrader 5. This is an advantage for testing out strategies and implementing automated trading algorithms. In addition, FBS offers copy trading, enabling you to mirror other traders\u2019 share portfolios with some or all of your own portfolio.<\/p>\n<p class=\"paragraph-text-0\">Pricing and fees at FBS are variable since this broker and depend on your account choice. In general, expect to pay a flat commission on share trades along with a modest spread. The flat trading commission makes this broker relatively expensive if you tend to place many small trades rather than a few large ones.<\/p>\n<p><img class=\"paragraph-image-0\"><\/p>\n                                        <\/div><!--\/.descriptions-->\n                                    <\/div>\n                                    <div class=\"col-12 col-sm-4 col-lg-3 order-first order-md-2\">\n                                        <div class=\"inContentProviderStatic--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Our Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 80%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div><!--\/.rating-->\n\n                                        <div class=\"inContentProviderStatic--provider-logo mt-2\">\n                                            <img decoding=\"async\" class=\"float-md-right\" src=\"https:\/\/learnbonds.com\/nz\/wp-content\/uploads\/sites\/9\/2020\/05\/FBS-logo-Learnbonds.png\" alt=\"\">\n                                        <\/div><!--\/.logo-->\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <div class=\"col-12 col-md-6\">\n                                        <div class=\"inContentProviderStatic--pros\">\n                                            <ul class=\"inContentProviderStatic--pros-list\">\n                                                                                                    <li>Multiple Account Types: Choose any of five account options<\/li>\n                                                                                                    <li>Copy Trading: Mirror successful traders\u2019 portfolios<\/li>\n                                                                                                    <li>MetaTrader 5: Custom charts and automated trading<\/li>\n                                                                                                                                                                                            <\/ul>\n                                        <\/div>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-6\">\n                                        <div class=\"inContentProviderStatic--cons\">\n                                            <ul class=\"inContentProviderStatic--cons-list\">\n                                                                                                    <li>Limited Selection: Only around 40 US and UK shares<\/li>\n                                                                                                    <li>Trade Commissions: Flat per-trade fee<\/li>\n                                                                                                                                                                                            <\/ul>\n                                        <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row mt-3\">\n                                    <div class=\"col-12 col-md-12 text-center text-sm-left\">\n                                        <div class=\"inContentProviderStatic--button\">\n                                                                                        <a href=\"https:\/\/learnbonds.com\/visit\/fbs-trading-platform\" title=\"Start Trading\" rel=\"sponsored\" data-relfix=\"1\">Visit FBS<\/a>\n                                        <\/div>\n                                        <div class=\"inContentProviderStatic--disclaimerText\">\n                                                                                    <\/div>\n                                    <\/div>\n                                <\/div>\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderStatic--wrapper-->\n                    <\/div><!--\/.inContentProviderStatic-->\n\n                                        \n<h2 id=\"learn_how_the_shares_market_works_in_new_zealand\">Learn How the Shares Market Works in New Zealand<\/h2>\n<p>Before you can get started with share trading in New Zealand, you\u2019ll need to understand how the NZ share market works. Here, we\u2019ll cover all the basics you need to know to get started.<\/p>\n<h3 id=\"what_youll_need_to_know_before_you_start_trading\">What You\u2019ll Need to Know Before You Start Trading<\/h3>\n<p>Before you can start trading shares, you\u2019ll need to know a few things. The New Zealand Financial Markets Authority, established in 2011, requires all investors to have a common shareholder number (CSN). This is essentially a pin number for your shareholdings so that they\u2019re uniquely identified as yours. You\u2019ll also need a faster identification number (FIN), which is associated with your CSN.<\/p>\n<p>If you\u2019ve ever traded shares in New Zealand in the past, you probably have a CSN and FIN. If not, your <a href=\"https:\/\/learnbonds.com\/stock-brokers\">share broker<\/a> can obtain these numbers for you when you open a new account.<\/p>\n<h3 id=\"what_are_shares_and_how_do_you_trade_them\">What are Shares and How do you Trade them?<\/h3>\n<p>Shares are essentially certificates of ownership of a publicly-traded company. When you purchase a share of Apple, you own a tiny percentage of the company. Owning shares won\u2019t entitle you to a personal meeting with Tim Cook, but you will gain access to shareholder meetings and a share in any profits the company distributes through dividends or other investor payouts.<\/p>\n<p>In order to trade shares, you\u2019ll need a licensed New Zealand share broker. The role of a share broker is to match buyers and sellers. If you want to <a href=\"https:\/\/learnbonds.com\/buy-stocks\/apple\">buy 10 shares in Apple<\/a>, your broker will match your buy order with a sell order from someone who already owns shares of Apple. In this way, share brokers act as middlemen, ensuring that the New Zealand shares market runs smoothly.<\/p>\n<h3 id=\"how_to_earn_from_share_trading\">How to Earn from Share Trading<\/h3>\n<p>There are two main ways to make money from trading shares. The first is to sell a share for more than what you bought it for. This happens when the value of the share increases from the time you purchase it.<\/p>\n<p>Stock share prices are controlled by supply and demand; when traders across the market want to buy shares of a company, the price rises, and when they want to sell, the price falls. Typically, demand, and thus share price, will rise and fall in response to companies\u2019 earnings reports, market-wide news, or announcements of new products. Beware that the market for some shares is much more volatile than that for others, meaning that the price bounces around much more wildly.<\/p>\n<p>The second way to earn money from share trading is through dividends. Some companies pay out quarterly or annual dividends to shareholders. Often, these payouts are just several cents per share. But, if you own hundreds of shares and receive a dividend every quarter, these payouts can add up to a significant sum over time.<\/p>\n<h3 id=\"what_regulations_are_in_place_for_share_brokers_in_new_zealand\">What Regulations are in Place for Share Brokers in New Zealand?<\/h3>\n<p>Share trading in New Zealand is regulated by the country\u2019s Financial Markets Authority (FMA), which is a member of the International Organisation of Securities Commissions. The FMA determines what companies are and are not share brokers in New Zealand, and enforces requirements around fair conduct. All share brokers operating in New Zealand are required to register with the FMA.<\/p>\n<h3 id=\"what_risks_are_involved_with_using_a_share_broker_in_new_zealand\">What Risks are Involved with using a Share Broker in New Zealand?<\/h3>\n<p>The biggest risk when using a NZ share broker is that you lose money. Trading shares comes with inherent risk; if the price drops below what you originally paid for stock shares, you will be forced to either hold the shares until the price rises again or to sell them at a financial loss. Trading fees and commissions are also paid out of pocket and cannot be recovered when you lose money on a share trade.<\/p>\n<p>There is also some risk that the value of the NZ Dollar drops while your money is invested in shares. Since most global shares are priced in US Dollars or Pounds, a decline in the value of the NZ Dollar can reduce your effective purchasing power. The NZ Dollar has lost significant value in the recent past due to unpredictable natural events like the Canterbury earthquake and the 2018 drought.<\/p>\n<h3 id=\"how_trading_cfds_and_shares_differ\">How Trading CFDs and Shares Differ<\/h3>\n<p>It\u2019s extremely important to understand the difference between shares and contracts for differences (CFDs). CFDs are a type of derivative that lets you speculate on whether the price of a share will rise or fall. But, when you buy a CFD for a share, you don\u2019t actually own the share itself.<\/p>\n<p>This can be good or bad depending on your objective. On the one hand, you\u2019re not eligible to collect dividends when trading with CFDs. On the other hand, you can use CFDs to bet that a stock\u2019s price will decline rather than rise (known as <a href=\"https:\/\/learnbonds.com\/how-to-short-stocks\/\">shorting a stock<\/a>).<\/p>\n<p>Trading with <a href=\"https:\/\/learnbonds.com\/cfd-brokers\">CFD brokers<\/a> can also give you access to leverage. With leverage, you can create a larger effective position size than you have as cash in your trading account. For example, if you have $1,000 in your account, you can buy $10,000 worth of share CFDs when applying a leverage of 10:1 .<\/p>\n<h2 id=\"what_to_look_for_in_an_account\">What to Look for in an Account<\/h2>\n<p>When it comes to choosing the right share broker for you, there are several key factors to consider.<\/p>\n<h3 id=\"nzx_membership\">NZX Membership<\/h3>\n<p>Do you want to trade New Zealand stock shares? If so, you\u2019ll need a broker that is a member of the New Zealand Exchange (NZX). NZX is where most of New Zealand\u2019s largest public companies are listed for trading.<\/p>\n<p>If you choose a broker that isn\u2019t an NZX member, you can still trade shares of companies that are listed on other major exchanges around the world.<\/p>\n<h3 id=\"educational_resources\">Educational Resources<\/h3>\n<p>For beginner share traders, educational resources can go a long way towards improving your profitability and making you a more confident trader. Many New Zealand share brokers offer articles, videos, webinars, and more that can help you learn about specific topics like technical indicators or common trading strategies.<\/p>\n<p>In addition, be sure to check whether a prospective share broker offers a free demo account. Using a demo account is a good way to try out a trading strategy and get the hang of share trading before committing real money.<\/p>\n<h3 id=\"website_and_trading_platform\">Website and Trading Platform<\/h3>\n<p>Your broker is more than just a middleman for buying and selling shares. It\u2019s also the platform you\u2019ll use for researching trades and placing orders.<\/p>\n<p>Be sure to closely examine whether a NZ share broker offers its own proprietary <a href=\"https:\/\/learnbonds.com\/trading-platforms\">trading platform<\/a>, a third-party software like MetaTrader, or both. Beginners may prefer easy to use trading software with fewer options, while more advanced traders may prioritize tools like strategy testing and custom indicators.<\/p>\n<p>It\u2019s also important to note whether the trading software is available on multiple platforms. Some share brokers offer robust mobile apps or web interfaces for trading from anywhere. Others require that you use a desktop-based system that offers more functionality, but limits your flexibility.<\/p>\n<h3 id=\"customer_service\">Customer Service<\/h3>\n<p>Customer service is a big deal when it comes to choosing a share broker. There\u2019s nothing worse than having issues with a trade, then waiting for help as you watch the opportunity disappear.<\/p>\n<p>Check whether a prospective broker offers customer service by phone, email, live chat, or all three. Also, make sure that service is available during New Zealand business hours.<\/p>\n<h3 id=\"brokerage_fees_and_costs\">Brokerage Fees and Costs<\/h3>\n<p>Fees and costs are extremely important when choosing a broker. Most New Zealand share brokers are commission-free, but some still charge a percentage or flat rate for every trade. Almost every broker charges a spread, which is the difference between what you pay for a stock and what you can sell it for. These charges are noteworthy because they can eat into your profits.<\/p>\n<p>Other fees to watch out for include withdrawal fees and inactivity fees. These vary widely from one platform to another, so be sure to check what the policy is at your preferred broker.<\/p>\n<h3 id=\"other_services\">Other Services<\/h3>\n<p>Many brokers offer much more than just share trading, including forex or commodity trading. While you might be focused on shares right now, having the option to expand into other assets can help you diversify your portfolio in the future. Carefully consider whether you need access to these assets and whether the best share broker is also the best <a href=\"https:\/\/learnbonds.com\/forex-brokers\">forex broker<\/a>.<\/p>\n<h2 id=\"pros_and_cons_of_share_trading\">Pros and Cons of Share Trading<\/h2>\n<div class=\"su-note\"  style=\"border-color:#EFEFEF50;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#EFEFEF50;border-color:#EFEFEF50;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<div class=\"su-row\"><div class=\"su-column su-column-size-1-2\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<p><strong>Pros<\/strong><\/p>\n<ul>\n<li>Access hundreds of stocks around the globe<\/li>\n<li>Invest in multiple market sectors<\/li>\n<li>Apply leverage to increase your position sizes<\/li>\n<li>Follow and copy other traders with social share trading<\/li>\n<li>Many NZ share brokers offer commission-free trading<\/li>\n<\/ul>\n<div class=\"su-list\" style=\"margin-left:0px\"><\/div>\n<\/div><\/div><div class=\"su-column su-column-size-1-2\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<p><strong>Cons<\/strong><\/p>\n<ul>\n<li>Stock market can be volatile<\/li>\n<li>You cannot collect dividends when trading share CFDs<\/li>\n<li>Some brokers charge withdrawal and inactivity fees<\/li>\n<li>Not all NZ share brokers offer trading for NZ companies<\/li>\n<\/ul>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<\/div><\/div><\/div><\/div><\/div><\/div>\n<h2 id=\"conclusion\">Conclusion<\/h2>\n<p>Trading shares is one of the best ways to grow your wealth over time. With the best New Zealand share brokers, you can start buying and selling shares of companies around the world and build a diversified portfolio. Use any of our recommended share brokers to get started with share trading today.<\/p>\n<h2 id=\"faqs\">FAQs<\/h2>\n<div class='man_faq_sec' itemscope itemtype='https:\/\/schema.org\/FAQPage'> <\/time><time itemprop=\"dateModified\" datetime=\"2020-06-03 13:08:25\"><\/time><script>jQuery(document).ready(function() {\r\n\t\t\tjQuery('.accordionButton').on('click', function() {\r\n\r\n\t\t\t\t\/\/REMOVE THE ON CLASS FROM ALL BUTTONS\r\n\t\t\t\tjQuery('.accordionButton').removeClass('on');\r\n\t\t\t\t\t\r\n\t\t\t\t\/\/NO MATTER WHAT WE CLOSE ALL OPEN SLIDES\r\n\t\t\t\tjQuery('.accordionContent').slideUp('normal');\r\n\t\t\t\r\n\t\t\t\t\/\/IF THE NEXT SLIDE WASN'T OPEN THEN OPEN IT\r\n\t\t\t\tif(jQuery(this).closest('.ms_faq').find('.accordionContent').is(':hidden') == true) {\r\n\t\t\t\t\t\r\n\t\t\t\t\t\/\/ADD THE ON CLASS TO THE BUTTON\r\n\t\t\t\t\tjQuery(this).closest('.ms_faq').find('.accordionButton').addClass('on');\r\n\t\t\t\t\t\t\r\n\t\t\t\t\t\/\/OPEN THE SLIDE\r\n\t\t\t\t\tjQuery(this).closest('.ms_faq').find('.accordionContent').slideDown('normal');\r\n\t\t\t\t} \r\n\t\t\t\t\t\r\n\t\t\t\t});\r\n\t\t\t});\r\n\t\t\t<\/script><section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">Can I buy shares of New Zealand-based companies?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">You can buy shares of New Zealand companies if your broker is a member of the NZX exchange. If it is not, you can only buy shares of companies listed on other exchanges around the world where that share broker is registered for trading.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">What is the spread and why does it matter?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">The spread is the difference between what you can buy a stock for and what you can sell it for at the same time. The spread is essentially a percentage-based trade commission, since the broker pockets this difference every time you buy and sell shares. <\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">What if my share broker doesn\u2019t offer trading for a specific company?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">If your share broker doesn\u2019t offer trading for a specific company, your best option is to find a competitor that your broker does offer trading for. Unfortunately, you must have an account with a broker that offers trading for a specific company\u2019s shares in order to trade that company.<\/p>\r\n                <\/div><\/div><\/section>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Investing in shares is one of the best ways to grow your wealth over time, but if you\u2019re new to building a portfolio, you\u2019ll need the best share broker for the job. In this guide, we\u2019ll help you find the best share brokers NZ by comparing six of our favorite platforms. We\u2019ll also explain how&#8230;<\/p>\n","protected":false},"author":666,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"class_list":["post-104","page","type-page","status-publish","hentry"],"acf":{"show_disclaimer":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Best Share Brokers NZ - Compare 5 Low Fee Platforms for 2020<\/title>\n<meta name=\"description\" content=\"Learn how to start trading shares in New Zealand? 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