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In this article, I will discuss the Best Vietnam Forex Brokers, highlighting key factors that make them stand out in the competitive forex market. Selecting the right broker is crucial whether you’re a beginner or an experienced trader.
I’ll cover aspects like regulation, trading platforms, customer support, and available trading instruments to help you make an informed decision.
Key Points & Best Vietnam Forex Brokers List
Broker | Key Points |
---|---|
Fusion Markets | Low trading costs, great for beginners, high leverage options |
Global Prime | Transparent pricing, strong regulation, excellent customer service |
IC Markets | Competitive spreads, fast execution, variety of trading platforms |
VT Markets | User-friendly interface, good educational tools, diverse instruments |
GO Markets | Solid reputation, MT4/MT5 support, helpful client support |
Vantage | Low spreads, copy trading features, diverse account types |
Moneta Markets | Robust trading tools, user-focused platform, reliable withdrawals |
Pepperstone | Tight spreads, advanced trading tools, reputable globally |
Tickmill | Low fees, simple account setup, flexible trading conditions |
Exness | High leverage, 24/7 customer service, fast withdrawal processing |
TMGM | Comprehensive asset list, multi-platform support, competitive fees |
Errante | Secure and regulated, multiple account options, strong analytics tools |
JustMarkets | Good for beginners, low minimum deposit, multilingual support |
FXGT.com | Wide range of assets, crypto trading availability, solid leverage |
AXI | No deposit fees, high-quality support, good educational resources |
IG | Market leader, extensive educational tools, vast range of markets |
Dukascopy | Swiss regulation, ECN trading, reliable security features |
HFM (HotForex) | High leverage, strong bonus structure, broad asset variety |
FXTM | Flexible leverage, multiple account types, strong customer support |
19 Best Vietnam Forex Brokers
1.Fusion Markets
Fusion Markets is one of the best Forex brokers for traders from Vietnam as it has a low trading cost regime and transparent fees. It also provides high leverage which is an advantage for novice and professional traders alike.
The platform offers a good variety of instruments and excellent customer service. Fusion Markets even gives support to multiple trading platforms including Meta Trader 4 and 5 for the easy conduct of trades.
Pros And Cons Fusion Markets
Pros:
- Competitive spreads and clear pricing.
- Flexibility in trading with the option of high leverage.
- Both MT4 and MT5 platforms are offered.
- Customer support is very responsive and helpful.
- No fees for an account or a deposit.
Cons:
- Some basic educational resources are lacking for novice investors.
- Does not own any trading platform.
- Cannot operate in some territories for regulatory reasons.
- Fees for withdrawals are higher than some other brokers charge.
- Comparatively lesser number of instruments to trade in than bigger brokers.
2.Global Prime
As one of the leading Forex brokers in the Vietnam market, Global Prime is known for its transparency as well as its focus on the clients.
It has won numerous accolades because of its competitive spreads, excellent execution speeds, and corresponding regulation from known arms.
Their services are also well-known due to their high quality support and education which makes this broker head suitable for both new and accredited clients.Global Prime supports many trading platforms, which allow them a wider scope and a good trading experience.
Pros And Cons Global Prime
Pros:
- There are no combined spreads and marks up. It is transparent proration.
- They provide their clients with very competitive spreads.
- A step above and beyond for compliance and security.
- Clients are treated with high regard by great virtues of customer support.
- Access to a plethora of advanced tools and analytics for trading purposes is given.
Cons:
- Very few pitch offerings that are actually trade-able concepts.
- No special platforms for trading offered, only MT4 and MT 5.
- Need to deposit a minimum amount of fund which is quite high.
- Where beginners can absorb knowledge in this field, it is greatly limited.
- No exposure to or opportunities for doing Crypto based trading.
3.IC Markets
IC Markets, an Australian broker, is the best Forex broker in Vietnam as it provides the highest forex spreads and superb execution speed, their forex offerings are one of the best in the world.
When it comes to trading with IC Markets, it is the reliable regulation and the safe trading environment that makes them so appealing. IC Markets offers cTrader, MT4 and MT5 thus allowing users various ways to trade.
The broker suite has something for everyone. Novices and baby traders can dip in educational tools while advanced traders have an asset selection and customer service of a high standard.
Pros And Cons IC Markets
Pros:
- Extremely low average spreads perfect for scalpers and high-frequency traders.
- Low latency and high speed execution.
- Different types of accounts to suit different trader requirements.
- Multiple platforms are supported including MetaTrader 4 and 5 and cTrader.
- High regulatory compliance in various jurisdictions ensuring safety.
Cons:
- Fewer educational resources are available for newbies.
- Certain account types do not have demo accounts available.
- Certain withdrawal methods may attract fee deductions.
- Few customer support services will be available on weekends.
- More inactivity fee charged for dormant accounts.
4.VT Markets
In Vietnam, it is easy to find traders testimony about VT Markets. The company definitely has many satisfied clients its seek out features such as fast execution speeds, competitive spreads, and reliable customer support.
The downside to this broker is that they do not offer a proprietary web-based platform. In addition, it does not support trading in stock, ETF and options
Although Forex and contracts for difference are traded. VT Markets also inlcudes educational resources and analytical tools for both beginners and experienced traders.
Pros And Cons VT Markets
Pros:
- Reasonable spreads and a reasonable commission structure.
- Made available on both MetaTrader 4 and 5 are comfortable.
- Good options of leverage to suit different traders.
- Good level of customer service in many languages.
- Simple registration as well as the verification of the account takes only a short time.
Cons:
- Provision of a low number of Trading Instruments in relation to large brokers.
- There is no option to trade bonds.
- A higher minimum deposit is required for some accounts.
- More extensive educational resources would have been useful.
- The processing of withdrawal may depend on the method used.
5.GO Markets
Overall impression of the company, as well as user feedback indicates that GO Markets revolves in the ranks of the finest Forex brokers in Vietnam. The broker is known for the decent value it provides in its trading by the numerous tools it offers from minimum deposits.
They have been in the market for quite a long period and are complemented by MetaTrader 4 and 5 among other tools. Great support from the broker adds good value to the trading experience, along with the various services being well structured.
Pros And Cons GO Markets
Pros:
- The spreads are low, and the costs of trades are competitive.
- Three different account types, which cater to various trading needs.
- There are advanced tools and analytics for trading.
- Utilizes MetaTrader 4, MetaTrader 5 and also cTrader.
- Good regulation thus a secure trading environment is provided.
Cons:
- Not enough educational materials for beginners.
- No trading in cryptocurrencies is provided.
- Fees are charged for the withdrawal of selected payment methods.
- Customer care service response time may vary during peak hour.
- They lack sufficient research tools as compared to their peers.
6.Vantage
Vantage is one of the best rated forex brokers in Vietnam thanks to the narrow spreads and high speed of execution. It has a number of account solutions which makes it ideal for traders at all levels.
Depending on the strategies, traders can enjoy MetaTrader 4 and 5, or other in-house developed trading tools. In addition, Vantage has copy trading
As well as ample educational materials so that all traders can have the necessary instruments and knowledge for successful trading.
Pros And Cons Vantage
Pros :
- Very low commissions and tight spreads.
- High leverage options which go up to 500:1.
- Several account types for different traders.
- Regulated in most of the significant markets.
- Accepts MetaTrader 4, 5, and Vantage mobile application.
Cons:
- New traders do not find plenty of educational content.
- There is no proprietary trading platform offered.
- Inactive accounts are charged after six months of non-activity.
- There are restrictions on which methods of withdrawal will incur fees.
- Small number of cryptocurrencies accessible for trade.
7.Moneta Markets
Moneta Markets is quite popular Forex broker in Vietnam, its platform is easy to handle and allows instant trading at competitive rates.
Moneta Markets brokers work with a good number of trading instruments and provide MT4 and MT5 which are very convenient for all types of traders.
Moneta Markets also has competent customer support teams, deposits and withdrawals are credited reliably, as well as there are training materials, which makes the company great for novice as well as seasoned traders.
Pros And Cons Moneta Markets
Pros :
- Low trading fees and minimal spreads.
- Supports trading terminals MetaTrader 4 and MetaTrader 5.
- Large number of financial instruments provide opportunity to trade diversified products.
- Fast response and decent support service.
- New accounts can be opened without much hassle and verifications are done quickly.
Cons:
- Not enough educational materials for novices.
- Cryptocurrencies cannot be traded.
- No research tools about the market are plentiful.
- High withdrawal times for selected methods.
- Small number of promotions and bonuses.
8.Pepperstone
Pepperstone vietnam reviews – Pepperstone is one of the top Forex brokers in Vietnam, known for strong regulatory compliance, fast execution, advanced trading tools and tight spreads.
This brokerage supports the majority of the most popular platforms such as MetaTrader 4, MetaTrader 5, and cTrader allowing traders from more than one level of experience to be able to work with them.
Vietnamese traders who want quality will appreciate this broker due to its extensive educational resources as well as the various types of accounts offered.
Pros And Cons Pepperstone
Pros:
- The trading environment is quite great with tight spreads as well as low costs.
- The firm provides innovative platforms such as MetaTrader 4, etc.
- Pepperstone as an international brokerage uses the trusted services of regulators.
- Pepperstone offers quality support during the working time 24/5.
- Can trade several instruments over different markets.
Cons:
- As stated before, the regret exists and is mainly focused on the developers or teachers of new trades.
- The minimum deposit for some account types is rather high.
- A good amount of limitations exists for some countries regarding deposit/withdrawal methods.
- Extended dormancy results in inactivity fees being charged.
- In terms of cryptocurrency, we are quite limited in terms of trading opportunities.
9.Tickmill
Tickmill is a broker in Vietnam which many traders like because of their fast execution as well as their affordable forex spreads. They also have a variety of accounts to cater clients, especially professional ones.
Tickmill also has enhanced trading tools through MetaTrader 4 and 5. Tickmill has a very good regulatory framework and supervision
Good customer support services, and efficient systems for forex deposits and withdrawals which make them a reputable Forex broker in Vietnam.
Pros And Cons Tickmill
Pros:
- Spreads start essay low, and attractive commission rates are offered.
- Execution of orders is instant with little slippage.
- The brokers’ activities are regulated in reputable jurisdictions.
- Traders are provided with a variety of trading instruments such as indices and commodities.
- There are demo accounts as well as live trading accounts to practice strategies.
Cons:
- Number of trading platforms available is few (MetaTrader 4 only).
- Educational materials are not deep; basic information is available.
- Some payment options impose withdrawal fees.
- There is no proprietary trading platform or sophisticated charting facilities.
- Compared to other larger brokers, they have a narrower array of research and market analysis tools.
10.Exness
The Brokerage is classified as one of the leading Forex brokers in Vietnam, offering a variety of high leverage options, tight spreads, and fast execution. It supports several platforms MetaTrader 4 and 5.
Therefore, it caters for traders with all levels of experience. Apart from its strong regulatory status and good customer service, Exness provides its clients with a safe and peaceful trading environment.
Moreover, it fosters a plethora of trading instruments and straightforward withdrawal processes, which makes Exness among the most reputable brokers in Vietnam.
Pros And Cons Exness
Pros:
- Availability of various options for leverage including up to a staggering 1:2000.
- Records low execution slippages.
- Has licenses from different jurisdictions adding up to security.
- Accounts and platforms such as MetaTrader 4 and 5 are available as well as many others.
- 24/7 Support available in many languages.
Cons:
- The very little educational resources are available for novice traders.
- Some accounts, in particular, have very high deposit requirements.
- Processing times for withdrawal and also payment methods in fact vary.
- There are some accounts which do not permit trading in cryptocurrencies.
- There are inactivity charges after a certain period.
11.TMGM
TMGM is a well-known and trusted Forex brokerage company in Vietnam. It features favorable spreads, fast executions, and offers a variety of diverse trading instruments.
The broker offers both MT4 and MT5 as trade platforms suitable for both beginner and advanced traders, with detailed charting and trading features.
The company has a reputation of excellent customer support, competitive pricing, and a secure system. Also, it has all the necessary materials for education and is an ideal company for Vietnam based traders who wish to have an easy time trading.
Pros And Cons TMGM
Pros:
- The costs guide low commission fees and fairly offered spreads.
- The broker has included several account types for consideration.
- Helps the clients by providing MT4, MT5, and cTrader.
- Optimistic leverage extends to 1:500.
- The company has fairly rigid regulations and already secured a comfortable base for trading.
Cons:
- It is difficult to find educational materials on TMGM, which is a major issue for a novice trader.
- Various withdrawal methods have withdrawal fees.
- The online chat can take a long time to respond to inquiries when the traffic is high.
- Small selection of cryptocurrencies is not suitable for the investors.
- Lacks proprietary trading platform or considerable research options.
12.Errante
Errante is a good Forex broker for Vietnamese traders with a good set of spreads and reasonable leverage alongside safety provisions while trading. It covers Forex, commodities, and indices in many instruments.
MetaTrader 4 and 5 are also supported by Errante which makes it easy to use with powerful tools. Errante is also well-regulated in various countries and has customer support assisting clients making it a convincing platform for both novice and professional forex traders.
Pros And Cons Errante
Pros:
- An environment with strong regulation, hence reduced risks.
- Various assets available for trade including Forex and commodities.
- Narrow spreads and low trading expenses.
- Advanced charting tools integrated on a simple platform.
- Fast and efficient clients support service.
Cons:
- Elementary traders have a lack of resources available for education.
- There are no bitcoin trading options.
- There is no demo account for the purpose of applying various strategies prior to beginning live trading.
- Trading participants may experience slower withdrawals than competitors.
- Research resources and tools for market analysis are very few.
13.JustMarkets
The JustMarkets Forex brokerage is one of the finest in Vietnam which has low spreads, fast execution, and has a lot of instruments for trading.
MetaTrader 4 and 5 are also supported thus advanced trading tools are beneficial for plenty of inexperienced and seasoned traders.
JustMarkets offers an easy to use interface, good support service, and a website which contains an array of education materials for the traders. JustMarkets is a good way for traders from Vietnam considering the conditions and payments.
Pros And Cons JustMarkets
Pros:
- Low deposit requirements for easy account opening.
- Transparent quotations and good spreads.
- Flexible in utilizing the MetaTrader 4 and 5 platforms.
- Provides various trading instruments such as Forex, stocks and commodities.
- Simple interface specifically for novice traders.
Cons:
- Few materials for education and some resources for self-education.
- Depending on the payment method, fees may be charged for withdrawal.
- Outside business hours, the availability of customer support is very limited.
- No proprietary trader’s software is provided.
- Research and market analysis tools are rudimentary.
14.FXGT.com
FXGT.com is one of the prominent Forex brokers operating in Vietnam since it has a diverse portfolio of Forex, commodities, and cryptocurrencies. Its competitive spreads and high leverage and execution speed make it an attractive platform.
FXGT.com is compatible with MetaTrader 4 and 5, giving the necessary tools to novice and experienced traders alike. For Vietnamese traders
who are seeking a platform that is easy to use and a stress-free customer service, this is a great option as it offers fast and secure deposit and withdrawal methods.
Pros And Cons FXGT.com
Pros:
- It provides a lot of instruments to trade including Forex and cryptocurrencies.
- High leverage ratios are also available doubling flexibility of trading as they reach 1:1000.
- Supports MetaTrader 4 and other easy-to-use interfaces.
- Mostly orders are filled with minimal slippage and are very quick.
- Provides 24/7 support with fast response times.
Cons:
- There are no many materials designed for education or in more simplified form for a novice trader.
- Withdrawal fees may depend on the method and may prove to be rather excessive.
- No sophisticated charts or a lot of advanced features for researching the market.
- Limited choice of payment systems for deposits and/or withdrawals.
- Did not find demo accounts for practicing with before opening real accounts.
15.AXI
The low spreads, swift executions, and reliable trading terrain provided by AXI as a top Forex broker in Vietnam are exceptionally great offerings.
The firm appeals to both novice and advanced traders, as it has the capability of supporting MetaTrader 4 alongside sophisticated trading tools.
With this broker, AXI’s clientele can expect top-notch customer support, withdrawal features, as well as straightforward pricing.
The broker offers many Forex pairs and other instruments, thus establishing AXI as a dependable trading broker for professional traders in Vietnam.
Pros And Cons AXI
Pros:
- Cost-efficient trading capabilities through low commission rates and tight spreads.
- Easy-to-use trading platform because MetaTrader 4 is supported.
- Reliable and adheres to regulations set out by top financial institutions
- Fast response time of customer inquiries with great service.
- Many options with regard to leverage which allows for diverse strategies in trading.
Cons:
- Good amount of educational resources are not offered.
- No proprietary trading platform, advanced research tools are lacking.
- After a certain period of inactivity, inactivity fees are incurred.
- For trade purposes a narrower range of cryptocurrencies are accessible.
- Compared to other brokers it may take longer time for client withdrawals.
16.IG
IG is a prominent Forex broker in Vietnam that is recognized by many for its wide range of available markets, low minimun spread rates, and great execution. With good supervision,
IG ensures that the trading is done in a safe environment and a variety of platforms are available including Meta Trader 4 and the broker’s native web platform.
The broker is well-positioned as it possesses a myriad of educational materials, great customer service as well as sophisticated trading tools which should cut across all potential users including novices and veteran traders all over Vietnam.
Pros And Cons IG
Pros:
- Access to a wide array of markets such as forex, shares, and commodities.
- Strong management of regulation ensures a safe trading environment.
- The platform is designed for novices with some advanced charting and analysis features.
- Support is great, and there are various ways to contact them.
- Includes both MetaTrader 4 and a proprietary trading platform for convenience.
Cons:
- Quite often, the minimum requirement is significantly above what other brokers have.
- Dormant customer accounts attracted inactivity fees.
- Bitcoin only brokers have an edge over this broker because of the limited crypto options it offers.
- It is a withdrawal procedure and there may be costs associated with it.
17.Dukascopy
Dukascopy is one of the best-rated Forex brokers in Vietnam with advanced tools, lower spreads and execution speed. Dukascopy has a strong Swiss regulation and this is why they are reliable in providing a safe and transparent environment for placing trades.
Dukascopy works with the JForex platform as well as provides access to MetaTrader 4 giving traders a multitude of analytical and trading tools to use.
Dukascopy has good support, confident withdrawals, and a broad spectrum of trading instruments and is preferred by Vietnamese traders.
Pros And Cons Dukascopy
Pros:
- Good charts and trading options provided by its platform ‘JForex’.
- Swiss firm regulation which ensures a safe trading environment.
- The spreads and charges are low and quite competitive.
- Several Forex, commodities, indices and others that are additional trading instruments.
- Efficiently with low slippage levels fast order filling.
Cons:
- Certain accounts can be expensive as the minimum deposit is high.
- Not adequate for beginners opening new accounts due to lack of educational content.
- Those who want to use MetaTrader 4 or 5 are disappointed because it is not supported.
- Some payment methods include a withdrawal fee.
- During the busy times, support in case is very slow.
18.HFM
HFM or HotForex is one of the best Forex brokers operating in Vietnam having attractive leverage, tight spreads and quick executions. HFM offers a variety of accounts as well as trading platforms such as meta traders from beginner to expert level.
The broker is regarded as trustworthy profitable and good for building relationships due to its high regulatory status, good support and full educational support.
HFM’s reliable trading environment and effective withdrawal alternatives have made it a popular broker among Vietnamese traders.
Pros And Cons HFM
Pros:
- Several account varieties suited to various traders’ style.
- Low trading costs and competitive spreads.
- Various trading strategies through MetaTrader 4 and MetaTrader 5.
- Adequate regulatory supervision which assures safety when trading.
- Multilingual customer support services which are excellent.
Cons:
- Some brokers have high minimum deposit requirements.
- New traders will seek additional online content of educational value.
- They offer the tradable instruments without these instruments being attached to their platform Unique features.
- Depending on the method of payment, the fees may be charged for withdrawal.
- Crypto-oriented brokers offer a wider variety of cryptocurrencies than they do.
19.FXTM
ForexTime (FXTM) is one of the leading Forex brokers in Vietnam thanks to its low charges, diverse range of leverage, and high-speed execution. The company offers a variety of accounts and works with Meta Trader 4 and 5.
FXTM has educational and analytical materials, making it ideal for novice and experienced traders equally. With good regulation, reliable supports, and safe deposit/withdrawal methods, FXTM is a trustworthy solution for VN traders.
Pros And Cons FXTM
Pros:
- There is a wide array of accounts available to fit the specifications of a number of traders.
- Low commission and competitive spreads.
- The brokerage offers advanced trading features with MetaTrader 4 and 5.
- The institute has a robust set of regulations aimed at safeguarding the trader.
- Various forms of market analysis as well as educational materials are provided.
Cons:
- Compared to other brokerage firms, FXTM offers fewer cryptocurrencies for trading.
- Some payment methods have a withdrawal fee.
- Payment of inactivity fees to members with dormant accounts.
- Some account types also have a higher minimum deposit compared to other account types.
- Customer support is limited during the off-peak hours of the business.
Why Should You Choose Best Vietnam Forex Brokers
Licensed Brokers: For safety reasons, trade only with brokers regulated in well-regarded jurisdictions.
Low Spreads: Access low spreads and commissions for cheaper trading costs.
Leverage: Flexibility in the trading account to fit all requirements for trading.
Trading Platforms: Use MetaTrader 4, MetaTrader 5, other platforms or develop their own platforms for better execution and analysis.
24 7 Contact Center: Speak to customer service representatives in your own language and get assistance you really need.
Sound Trading Strategies: Get to understand the extensive resources and training strategies available.
Different Asset Classes: Forex, commodities, Index and cryptocurrencies are also available along with a plethora of other assets.
Withdrawals: Effective and safe withdrawal methods for access to funds.
Free Equity: Enjoy promo offers and bonuses to raise your trading capital.
Conclusion
Picking the right Vietnam Forex brokers makes trading reliable, affordable, and convenient. Due to the competitive spreads offered, the high leverage and technical support this kind of broker provides a service to all trader levels.
You can also trust these brokers because there is solid background customer service, good regulatory status and a large selection of trading instruments. Connect your Forex trading capabilities and profit in Vietnam with a trustworthy broker.