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Best Stock Trading Apps in New Zealand in 2024

Pedro Braz| Updated April 3rd, 2024

Investing in the stock market has never been easier, thanks to the numerous online trading apps available today. Among all options available, you will need to make a choice, and finding the best stock trading app in New Zealand can be difficult. 

Fortunately, we successfully analyzed many trading apps before and conducted multiple trading app reviews, so we can clarify some of your doubts and help you make an informed decision! In this article, we listed the best stock trading apps in New Zealand, comparing their specificities and highlighting their strengths.

Best stock trading apps in New Zealand

Interactive Brokers | Best for intermediate and advanced investors

Online broker with a sophisticated trading platform that offers a wide range of products. The company, founded in the US, provides the app IBKR GlobalTrader, which is ideal for beginners.

Plus500 | Best for CFDs

Plus500 is a multi-asset online broker with commission-free CFDs in Indices, Forex, Commodities, Cryptocurrencies, Shares, Options, and ETFs. It recently launched Plus500 Invest for those who want to invest in real shares.
Disclaimer: 82% of retail CFD accounts lose money.

NAGA | Best for social trading 

German fintech where you can trade more than 1,000 different assets from multiple markets, including stocks, ETFs, crypto, and derivatives.

Best stock trading apps in New Zealand compared

Broker Fees on stocks Minimum deposit Trading apps Stocks available for trading
Interactive Brokers Between $0.0005 and $0.0035 per US share (min. $0.35); Between 0.01% and 0.08% for other markets. $0 IBKR GlobalTrader, Impact, and IBKR Mobile  
Plus500 $0.006 per share on US stocks and 0.045% on European stocks with a minimum of €2 per order $100 Plus500
NAGA $2.50 commission when trading CFDs on stocks $250 MetaTrader 4 and 5, NAGA X

(Only CFDs on stocks)

#1 Interactive Brokers (IBKR GlobalTrader)

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Interactive Brokers at a glance

Products availableStocks, futures, options, Forex, commodities, bonds, mutual funds, ETFs, CFDs
Minimum Deposit$0 ($2,000 for margin accounts)
Deposit MethodsWire bank transfer
Commissions on stocksBetween $0.0005 and $0.0035 per US share (maximum 1% of the trade) Between 0.01% and 0.08% for other markets

Interactive Brokers has proven to be one of the most reliable brokers in the market. The broker, licensed and regulated by many top-tier international regulators, was founded in New York over 40 years ago and survived many financial crises, making it a well-established and trustworthy broker regulated by many top-tier regulators.

They offer trading apps with sophisticated and powerful tools, a wide range of products available for trading, and low prices. The broker offers different mobile apps and web-based platforms that should be used according to your knowledge and experience. The mobile app IBKR GlobalTrader is a user-friendly app suitable for beginners because it simplifies investments without losing the powerful tools for which the broker is famous.

If you want to make the most out of the powerful tools the broker provides, you can use the IBKR Mobile, a complete and sophisticated trading app to trade stocks, ETFs, and options. As the features of this app can be overwhelming for beginners, we would recommend the IBKR GlobalTrader if you do not have a lot of experience. 

In addition to the mobile apps, you will also find a desktop app and web-based apps where you have advanced trading tools to access the global financial markets. Overall, we believe that Interactive Brokers offers the best stock trading apps in New Zealand, and you can find what you are looking for, irrespective of your needs! 

Please check our Interactive Brokers review to find out more about the broker.

Interactive Brokers Mobile App

#2 Plus500

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80% of retail CFD accounts lose money.

Plus500 at a glance

Products availableStocks (on Plus500 Invest) and CFDs on Indices, Forex, Commodities, Crypto, Shares, Options, and ETFs (on Plus500 CFD)
Minimum Deposit$100
Deposit MethodsBank Wire Transfer, Credit/Debit Card, PayPal, Skrill
Commissions on stocks$0.006 per share on US stocks and 0.045% on European stocks with a minimum of €2 per order

Plus500 is a broker based in Israel founded in 2008 and whose shares are traded on the London Stock Exchange. Regulated by top-tier authorities such as FCA and CySEC, the broker provides a mobile app named Plus500 and a web-based platform called WebTrader. Both are comprehensive and accessible, and you can test their features by opening a demo account. In New Zealand, Plus500 offers its services through the subsidiary Plus500AU Pty, authorized by the FMA in the country (FSP license No. 486026)

It is very important to differentiate the two different accounts you can access within the trading platforms: Plus500 CFD and Plus500 Invest.

In Plus500 Invest, you can trade stocks (real shares of the companies). In Plus500 CFD, on the other hand, you can only trade CFDs on several financial instruments. The distinction is important because CFDs are leveraged and riskier products, which may exacerbate your losses.

Overall, the broker offers solid stock trading platforms for New Zealand customers, where you will find low costs, reliability, interesting features and products for beginners (demo account) and experienced traders, and good usability. As a downside, though, you will not have access to ETFs. 

If you want to learn more about Plus500, please check our full Plus500 review.

Plus500 Mobile App

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.


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87.36% of retail CFD accounts lose money.

NAGA at a glance

Products availableCFDs on stocks, ETFs, Crypto, Forex, Commodities, Futures
Minimum Deposit$250
Deposit MethodsCredit/Debit card, Wire transfer and Neosurf
Commissions on stocks$2.50 commission when trading CFDs on stocks

NAGA is a German fintech that makes investments easier for everyone. It is a member of the NAGA Group AG, listed on the Frankfurt Stock Exchange and regulated by the CySEC, making the broker more reliable, transparent, and safer.

The broker allows traders to invest using MetaTrader 4 and 5 and offers a social trading app for Android and iOS where you will be able to trade CFDs on stocks, copy trade, and access personalized news feeds, among other features. 

Please note that when opening an account from New Zealand, you will be onboarded by NAGA Global, an entity not regulated directly by any authority and with less protection than the European entity. In addition, you will not have access to real stocks, but only to CFDs on stocks, which means that you will not own the underlying share of the company in which you want to invest. But considering its swift and helpful customer support and comprehensive social trading app with a wide range of financial products, the broker is a good addition to our list of the best stock trading apps in New Zealand.

If you want to know more about the broker, please check our NAGA review.

NAGA Mobile App


When making this list, we wanted to help investors in New Zealand to make an educated choice when choosing the best stock trading app. Each of the trading apps we presented has its main features, and we tried to provide a diverse list that will suit the needs of different profiles of investors. In any case, we prepared this list considering the following criteria:

  • Prices: the price cannot be the only aspect to be considered when choosing the trading app to invest in, but it is definitely important, you do not want to pay more for a service when you can get the same quality for lower prices.
  • Educational resources: high-quality educational resources may be a great advantage, especially for beginners, who can use them to educate themselves before investing money.
  • Range of products and markets available: Does the app offer real stocks and ETFs, or only CFDs? Does it have crypto?
  • Customer service: irrespective of your choice, problems almost always appear, and it is important to find trading apps developed to help you when it does happen.
  • The trading app itself: of course, we took into consideration the functionalities and usability of the platform, as well as its specific features.

The bottom line

To summarize, here’s the list of “Best stock trading apps in New Zealand”:

Best stock trading apps in New Zealand

#1 Interactive Brokers Best for intermediate and advanced investors
#2 Plus500 Best for CFDs
#3 NAGA Best for social trading

It is hard to choose the right stock trading app in New Zealand. Luckily, we helped many people in the same situation before, and we can help you now. To facilitate your choice, we listed a few of the best stock trading apps in New Zealand, in our opinion, comparing what they can offer and highlighting their strengths. 

We know that trading stocks is a good way to achieve financial freedom, but, like everything in life, there are risks involved. We hope that our analysis was enough to help you make an educated decision that acknowledges those risks, whether you are experienced or a novice in the world of trading. 

In any case, keep on studying, do due diligence, know your investment profile, and invest wisely! Please let us know if the article was helpful and if you have any other doubts or feedback!

Other FAQs

What is the difference between a stock and stock CFD?

While the stock gives you a property right over a share of the company, the CFD does not. The stock CFD is a derivative contract where the underlying asset is the stock and where the broker promises to pay you back the difference in value between the time you opened the position and the time you close it. CFDs have a leverage effect: if you buy a stock CFD and its price goes down, you will need to borrow money from the broker to keep the position open. This makes the instrument a risky option that is not suitable for beginners.

Is eToro available in New Zealand?

No, the stock trading app eToro is not available in New Zealand.

Pedro Braz
Co-Founder & Growth Manager

Pedro is passionate about finance, marketing, and technology. He is a growth manager at several online projects and a former digital marketer for a fintech company.