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Sharesies
29.4.26
Sharesies
Sharesies Review for traders in New Zealand: FMA-regulated, NZ's most popular platform with fractional shares from $1
Sharesies has democratised investing in New Zealand — FMA-regulated, with fractional shares from $1, NZX, ASX and US market access, and the most accessible mobile experience in the market. With 600,000+ users it's New Zealand's most popular investment community. The trade-off: less depth for sophisticated traders, but for everyday Kiwi investors it's the clear first choice.
Consensus Rating
The rating evaluates 42 key factors, from regulation and costs to execution, product offering and support. The score combines analysis from multiple experts and competitor comparisons to provide an aggregated and balanced assessment. This reduces individual bias and offers a more reliable reference for broader market consensus.
Alternative Provider
BlackBull
BlackBull Markets is a New Zealand-founded and FMA-regulated broker — one of the few ECN brokers with genuine tier-1 regulation from its home jurisdiction. For NZ-based traders, this means the highest level of local oversight, with true ECN execution, 26,000+ instruments and one of the broadest platform selections in the industry.
Sharesies is New Zealand's most popular retail investment platform, founded in 2017 and regulated by the Financial Markets Authority (FMA). It offers access to NZX and ASX-listed equities, ETFs, US shares, and managed funds with fractional investing from as little as $1. Sharesies is known for its highly accessible mobile app, low minimum investment, and mission to make investing available to all New Zealanders. With over 600,000 registered users, it is the largest retail investment community in New Zealand.
Available locally?
Foundation
2017
Minimum Deposit
NZ$ 1
HQ
Payment Methods
Regulators
FMA
Trades at the Stock Exchange?
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How to Open an Account
1. Go to the official website >
Visit the app's official website (or download it from the App Store/Google Play) to get started from a trusted source.
2. Open an account
Register, enter your basic information, and set up secure login. If available, enable two-factor authentication for extra protection.
3. Verify your identity
Complete the verification process with the required documents, such as an ID card or passport, and proof of residence (e.g., an electricity bill or bank statement).
4. Add funds
Choose how to use the service: bank transfer, card, or linked account (depending on the app). Check fees, limits, and processing times before confirming, as they may vary.
5. Make your first transaction
Find the function you need in the app, set the amount or limit (if applicable), and confirm.
Advantages
Regulation & Trust
Investor Compensation Scheme
Compensation program available if the company becomes insolvent.
Costs
Transparent Fee Structure
Fees, spreads, and commissions are clearly disclosed.
Regulation & Trust
Clean Regulatory Record
No significant regulatory penalties or violations reported.
Regulation & Trust
Segregated Client Funds
Client funds kept separate from company operational funds.
Research & Education
Free Educational Materials
Educational content such as guides, tutorials, and courses available.
Trading Platform & Execution
Web Trading Platform
Trading accessible through a browser without software installation.
Costs
Commission-Free Trading
Some instruments can be traded without paying commissions.
Costs
Low Trading Fees
Competitive costs help reduce overall transaction expenses.
Trading Platform & Execution
Mobile Trading App
Trading possible directly from a mobile application.
Account & Funding
Low Minimum Deposit
Accounts can be opened with relatively small starting capital.
Disadvantages
Regulation & Trust
Less than 5 Years in Business
Limited operating history and short track record.
