Home » Rankings »

BEST OPTIONS BROKERS IN NZ

Thinking about trading options but want a secure start? The best options brokers in NZ were selected for platform safety, transparent pricing and intuitive interfaces. We assessed the range of strike prices, expiration dates and strategy tools available for different levels of experience. For Kiwi investors, these brokers provide flexible access to hedging and speculative strategies in a regulated and easy-to-use environment.

Ranking Methodology 


To compile the ranking, we rely on a professional criterion that follows these steps:

  1. We test the platforms based on several basic parameters (see list).

  2. We test the platforms based on ranking-specific parameters.

  3. We ensure the results are accurate (consistency and absence of outliers).

  4. We verify on social media and forums that our parameters are socially sound and that no relevant negative reviews exist.

  5. We present and publish the ranking.


Basic Testing Parameters for Apps Included in the Ranking


  • They allow accounts to be opened by local clients; meaning we exclude platforms not available in certain countries.

  • Regulatory compliance and security.

  • Transparency, reputation, and data protection.

  • Total costs (commissions, spreads, non-trading fees, deposits/withdrawals).

  • User experience (UX/UI), stability, and performance (uptime, latency).

  • Platform and tools (charts, alerts, backtesting, mobile, desktop, API).

  • Execution and liquidity (order quality, slippage, depth).

  • Customer support (languages, coverage, response times).

  • Education and resources (guides, research, demos, simulators).


Specific Parameters for the Options Ranking


  • Access to recognised options markets (CBOE, Eurex, CME, among others).

  • Variety of contracts available: options on equities, indices, ETFs, and futures.

  • Types of options supported (call, put, American, European, exotic).

  • Analytical tools for Greeks (Delta, Gamma, Vega, Theta) and implied volatility.

  • Availability of predefined strategies (spreads, straddles, strangles, iron condor, etc.).

  • Order execution quality and depth of the options market.

  • Specific costs: commissions per contract, exercise and assignment fees.

  • Leverage and margin requirements for trading options.

  • Access to simulators and paper trading to practise options strategies.

Our ranking
?
?
?
DISCOVER THE BEST OPTIONS

How to open an Investment Account


Once you’ve chosen a provider, opening an account in New Zealand is easy. The steps apply whether you’re investing in stocks, bonds, ETFs, crypto, commodities or real estate.


  1. Go to the provider’s website: Click “Open account” or “Get started”.

  2. Register your details: Name, email, phone, country. You’ll need a passport or NZ driver’s licence, plus proof of address such as a Meridian Energy bill or bank statement from the last 3 months.

  3. Approval: Some accounts are activated instantly, others after a few days.

  4. Configure account: Adjust settings once verified.

  5. Deposit funds: Card, bank transfer or e-wallet.

You’re ready to start investing.

OPEN A DEMO ACCOUNT