Best Forex Broker in Vietnam

Top 13 Forex Brokers for Vietnamese Traders

Forex trading in Vietnam has gained popularity as more individuals seek opportunities in global financial markets. However, the State Bank of Vietnam (SBV) imposes strict regulations, limiting local forex operations and pushing traders toward international brokers regulated by trusted authorities like ASIC, CySEC, or FCA. These brokers offer access to currency pairs, commodities, and other assets while ensuring compliance with global standards. The following table compares the top 12 forex brokers suited for Vietnamese traders, based on fees, platforms, and user experience.

Ratings reflect tests on execution speed, cost transparency, and local accessibility, ensuring relevance for Vietnamese traders.

	Commision	Instruments	Min Dep	Leverage	Platforms
AvaTrade 4.7 / 5.0	From $5 per lot	Stocks Forex Crypto Commodities Indices	$100	Up to 1:400	AvaTradeGo MT4 MT5	Visit Broker Read More
XM 4.8 / 5.0	No commission, spreads from 0.6 pips	Forex Stocks Commodities Indices	$5	Up to 1:1000	MT4 MT5	Visit Broker Read More
Pepperstone 4.7 / 5.0	No commission, spreads from 0.6 pips	Forex Indices Commodities Crypto	$200	Up to 1:500	MT4 MT5 cTrader	Visit Broker Read More
RoboForex 4.5 / 5.0	No commission, spreads from 0 pips	Forex Stocks CFDs Crypto Commodities	$10	Up to 1:2000	MT4 MT5 R StocksTrader	Visit Broker Read More
OctaFX 4.4 / 5.0	No commission, spreads from 0.6 pips	Forex Indices Commodities Crypto	$25	Up to 1:500	MT4 MT5 OctaTrader	Visit Broker Read More
FXTM 4.6 / 5.0	No commission	Commodities Stocks Forex Indices Metals Shares	$200	Up to 1:1000	MetaTrader 4 MetaTrader 5 WebTrader	Visit Broker Read More
Global Prime 4.6 / 5.0	From $7.00 per lot (ECN)	Forex Indices Commodities Stocks Bonds	$0	Up to 1:200	MT4 TradingView	Visit Broker Read More
GO Markets 4.6 / 5.0	From $3.00 per lot	Indices Forex Stocks Commodities Crypto	$200	Up to 1:500	MT4 MT5 cTrader GO Markets App	Visit Broker Read More
Hantec Markets 4.5 / 5.0	From $0.00 per lot	Forex Indices Metals Commodities Stocks	$10	Up to 1:1000	MT4 MT5 Hantec Social Hantec Mobile	Visit Broker Read More
IC Markets 4.6 / 5.0	From $3 per lot	Forex Stocks CFDs Crypto Commodities	$200	Up to 1:500	MT4 MT5 cTrader	Visit Broker Read More
JustMarkets 4.6 / 5.0	From $0.00 per lot	Indices Forex Stocks Commodities Crypto	$10	Up to 1:3000	MT4 MT5 JustMarkets App	Visit Broker Read More
TMGM 4.5 / 5.0	From $3.50 per lot (Edge)	Indices Forex Stocks Commodities Crypto	$100	Up to 1:1000	MT4 MT5 IRESS TMGM App	Visit Broker Read More

Why Choose These Top Forex Brokers?

These brokers stand out for their low entry costs, fast withdrawals, and support for local payment methods like bank transfers and e-wallets, which suit Vietnam’s market. Regulated by international bodies, they provide safety despite SBV restrictions on local forex activities. Beginners benefit from low deposits, while experienced traders value tight spreads and advanced tools. Each broker offers unique strengths, detailed below.

Avatrade — Safe and Beginner-Friendly

Join Avatrade

Avatrade Forex Broker Overview

Avatrade is a regulated broker operating since 2006, known for reliability and easy-to-use platforms. It offers both fixed and floating spreads, making it suitable for traders who prefer stable pricing. Avatrade’s strong global regulation provides an extra layer of safety. It also features one of the most user-friendly mobile trading apps, AvaTradeGO, which is popular in Asia.

• Minimum deposit: $100
• Leverage: Up to 1:400
• Platforms: MT4, MT5, AvaTradeGO, WebTrader
• Pros: Well-regulated, easy interface, fixed-spread option
• Cons: Fewer account types compared to ECN brokers

Avatrade is ideal for new traders who value clear rules and dependable support. It also provides educational tools and trading guides in multiple languages. Many beginners in Vietnam prefer it for its simplicity and safety.

XM — Great for Small Traders

Join XM

XM Forex Broker Overview

XM stands out for its low entry barrier and strong reputation among Asian traders. It’s an excellent choice for those who want to start small but access professional-level conditions. XM provides regular bonuses, fair spreads, and educational resources in several languages. The broker is regulated globally and has a strong record for transparency.

• Minimum deposit: $5
• Leverage: Up to 1:888
• Platforms: MT4, MT5
• Pros: Low entry cost, strong bonuses, fast execution
• Cons: Doesn’t support crypto trading

XM gives new traders the confidence to learn without high risk. It’s known for helpful customer support and fast withdrawals. The low deposit requirement makes it one of the best starting points for Vietnamese beginners.

FXTM — Flexible and Fast Execution

Join FXTM

FXTM Forex Broker Overview

FXTM (ForexTime) offers flexibility through multiple account types and low starting deposits. It’s well-known for its fast order execution and local payment methods in Vietnam. Traders can choose between standard and ECN accounts, depending on their style. The broker’s learning materials make it a great platform for both new and experienced traders.

• Minimum deposit: $10
• Leverage: Up to 1:2000
• Platforms: MT4, MT5
• Pros: Local payment support, great education tools, fast trading
• Cons: Slightly higher spreads on standard accounts

FXTM allows deposits via Vietnamese banks and global wallets. Its platform is stable and supports copy trading through FXTM Invest. Many Vietnamese traders use FXTM for daily trading and easy fund access.

IC Markets — Professional Trading Conditions

Join IC Markets

IC Markets Forex Broker Overview

IC Markets is a broker built for serious traders who demand tight spreads and fast execution. It’s fully regulated under ASIC and CySEC, offering high transparency. The broker’s raw-spread accounts and advanced servers are ideal for scalping and algorithmic trading. Vietnamese traders value its professional environment and deep liquidity.

• Minimum deposit: $200
• Leverage: Up to 1:500
• Platforms: MT4, MT5, cTrader
• Pros: Lightning-fast execution, raw spreads, advanced technology
• Cons: Higher minimum deposit

IC Markets is popular among EAs and trading bots users in Vietnam. Its stability during high volatility makes it perfect for professional setups. Traders who prioritize execution quality often choose IC Markets first.

Pepperstone — Great for Active Traders

Join Pepperstone

Pepperstone Forex Broker Overview

Pepperstone is a world-class broker that focuses on execution speed, transparency, and advanced platforms. It supports MetaTrader, cTrader, and TradingView, making it a top pick for chart-based traders. Pepperstone’s regulation under ASIC and FCA ensures high trust. Its low commissions and tight spreads attract active traders and professionals alike.

• Minimum deposit: $0
• Leverage: Up to 1:500
• Platforms: MT4, MT5, cTrader, TradingView
• Pros: Multiple platforms, fast execution, strong regulation
• Cons: Fewer promotions

Pepperstone’s link with TradingView gives traders real-time analysis and social insights. It’s one of the most reliable brokers for strategy testing. Many Vietnamese traders prefer it for consistency and responsive support.

JustMarkets — Very High Leverage and Low Deposits

Join JustMarkets

JustMarkets Forex Broker Overview

JustMarkets offers flexible trading conditions with low entry costs and very high leverage. It’s popular among small traders in Vietnam who want to start with limited funds. The broker supports various account types and payment options, including local banking. Bonuses and contests make it attractive for active retail traders.

• Minimum deposit: $1
• Leverage: Up to 1:3000
• Platforms: MT4, MT5
• Pros: Micro accounts, local payment methods, promotions
• Cons: Not as strongly regulated

JustMarkets is a good choice for those experimenting with new strategies. It offers flexibility without forcing large deposits. Many Vietnamese beginners use it as a testing platform before moving to higher-tier brokers.

RoboForex — Good for Copy and Automated Trading

Join RoboForex

RoboForex Forex Broker Overview

RoboForex gives traders multiple choices with support for manual, automated, and social trading. Its CopyFX platform is a big plus for users who prefer following professional traders. RoboForex offers various account types and high leverage up to 1:2000. Vietnamese traders also appreciate its range of instruments, including stocks and crypto.

• Minimum deposit: $10
• Leverage: Up to 1:2000
• Platforms: MT4, MT5, RTrader, CopyFX
• Pros: Copy trading, bonuses, multiple platforms
• Cons: Offshore registration

RoboForex is known for smooth execution and user-friendly systems. Its copy trading tools are excellent for beginners wanting to learn from experts. Traders in Vietnam enjoy its bonuses and quick fund transfers.

OctaFX — Known for Promotions and Simplicity

Join OctaFX

OctaFX Forex Broker Overview

OctaFX has built a strong presence in Asia thanks to simple trading conditions and frequent promotions. The broker’s cashback and trading contests make it appealing for small traders. It provides fixed and floating spreads with fast withdrawals. OctaFX’s user-friendly interface and local support make it easy for Vietnamese traders to manage funds.

• Minimum deposit: $25
• Leverage: Up to 1:500
• Platforms: MT4, MT5, OctaTrader
• Pros: Frequent bonuses, fast payments, simple platform
• Cons: Limited trading instruments

OctaFX suits those who want straightforward trading without complexity. It’s also known for stable mobile performance. Many traders in Vietnam use it for short-term strategies and cashback rewards.

TMGM — Solid ASIC-Regulated Broker

• Minimum deposit: $100
• Leverage: Up to 1:500
• Platforms: MT4, MT5
• Pros: Tight spreads, strong regulation, high transparency
• Cons: Limited promotions

TMGM is known for reliability and solid execution. It’s ideal for Vietnamese traders who value regulatory protection and clear trading conditions. The broker’s balance between safety and pricing attracts long-term users.

GO Markets — Simple and Reliable Choice

• Minimum deposit: $0
• Leverage: Up to 1:500
• Platforms: MT4, MT5
• Pros: Trusted regulation, low costs, strong customer service
• Cons: Basic website design

GO Markets is favored by Vietnamese traders who prioritize dependability over bonuses. It’s a great option for stable, day-to-day trading. Many appreciate its clean execution and low-cost trading environment.

Hantec Markets — Experienced Global Brand

• Minimum deposit: $10
• Leverage: Up to 1:500
• Platforms: MT4, MT5
• Pros: Established brand, strong regulation, education tools
• Cons: Few promotions

Hantec Markets is best for serious traders who value trust and professionalism. It provides detailed analytics and personalized service. Its long history makes it a respected name among Vietnamese forex traders.

Global Prime — Transparent and Trusted Execution

• Minimum deposit: $0
• Leverage: Up to 1:500
• Platform: MT4
• Pros: Transparent execution, verified trade receipts, reliable support
• Cons: Only MT4 platform, limited promotions

Global Prime is known for ethical trading practices and professional service. It’s popular with Vietnamese traders who value trust and accountability. Its open model helps traders feel secure and fully informed about every trade.

Getting Started with a Forex Broker in Vietnam

Starting forex trading in Vietnam is easier today thanks to international brokers offering local support and online verification. Before you begin, it’s important to understand how to register, deposit funds, and use the trading platforms safely. Once you pick a reliable broker, follow these basic steps to open and manage your account properly.

1. Account Registration

Visit the broker’s official site, fill out your email, create a password, and verify your identity. Upload a copy of your ID and a proof of address. This process usually takes less than one day.

2. Demo Account

Always start with a demo account to learn the platform and practice strategies before using real money.

3. Choose the Right Account

• Standard / Micro: for small trades
• Raw / ECN: for experienced traders wanting low spreads
• Cent / Mini: for testing with low risk
• Swap-free (Islamic): for traders avoiding overnight interest

4. Deposit and Withdrawal

• Local bank transfer (Vietcombank, ACB, Techcombank, etc.)
• International cards (Visa / MasterCard)
• E-wallets (Skrill, Neteller, Perfect Money)

Most brokers process deposits instantly. Withdrawals can take from minutes to 1–2 business days.

Trading Platforms for Vietnamese Traders

Vietnamese traders mostly use the same platforms trusted worldwide. The most common are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), known for their stability, charting tools, and support for automated trading systems (Expert Advisors). Both allow traders to open, modify, and close positions easily, apply technical indicators, and manage risk using stop-loss or take-profit tools.

Some brokers also offer cTrader, TradingView, or their own mobile apps for direct access to markets. These platforms have modern interfaces, economic calendars, one-click trading, and notifications for price movements. For Vietnamese users, MT4 and MT5 remain the best options because they are lightweight, reliable, and available in multiple languages, including Vietnamese.

Trading Instruments Available

Vietnamese traders can access many global financial markets through these brokers. Each platform provides different trading options that fit various strategies and budgets. Most brokers let you trade several asset classes in one account.

Main trading instruments include:

• Forex pairs – majors, minors, and exotic currencies.
• Commodities – gold, silver, crude oil, and natural gas.
• Indices – global stock indices like NASDAQ, S&P 500, and Nikkei.
• Stocks / Shares CFDs – trade company shares such as Apple or Tesla.
• Cryptocurrencies – Bitcoin, Ethereum, and other digital assets.

Having many instruments allows traders to diversify and reduce risk. For example, if currency pairs move sideways, you can trade gold or indices. This flexibility helps balance profit opportunities across different markets.

Legal Status and Safety

Forex trading is not officially regulated in Vietnam, but it’s not banned either. Vietnamese traders are free to open accounts with foreign brokers.
To stay safe:

• Choose brokers with international regulation (ASIC, FCA, CySEC, FSCA).
• Avoid unlicensed or unknown platforms promising guaranteed profits.
• Check withdrawal policies before depositing.
• Use two-factor authentication and strong passwords.

Benefits and Drawbacks of Trading with These Brokers

Working with top international brokers brings both benefits and challenges. Understanding both sides helps traders in Vietnam make realistic expectations and avoid mistakes.

Educational and Support Tools

Top forex brokers serving Vietnam understand that education is key to long-term success. Most of them invest heavily in learning platforms and multilingual customer support to help traders at every level. Whether you are a complete beginner or an advanced trader, you can find plenty of free learning materials directly on broker websites or trading apps.

Most of these brokers provide:

• Video tutorials and webinars for beginners explaining how to use MT4, MT5, and mobile trading apps.
• Market news and analysis tools updated daily to help understand trends and price movements.
• Copy trading systems such as RoboForex CopyFX, and FXTM Invest, allowing users to follow successful traders automatically.
• 24/7 multilingual support, often including Vietnamese chat, email, or hotline options for quick assistance.

These resources are completely free and designed to help traders improve decision-making skills. Vietnamese traders should take advantage of these educational tools before risking real money. Watching live webinars, reading analysis reports, or testing strategies in demo mode helps build confidence and reduce common beginner mistakes. Good brokers also share risk management tips and weekly forecasts, making it easier to plan trades wisely.

Real Trader Insights

Feedback from the Vietnamese trading community provides valuable perspective on how these brokers perform in practice. Many users share their experiences in local Facebook groups, forums, and Telegram channels dedicated to forex trading. These opinions highlight what matters most — speed, convenience, and reliability.

From Vietnamese trader communities:

• XM are praised for fast withdrawals and simple interfaces.
• IC Markets and Pepperstone are preferred by scalpers because of their low spreads and fast execution.
• JustMarkets and RoboForex attract small traders with low entry limits and flexible deposits.
• OctaFX is recognized for bonuses, contests, and easy mobile trading.

Experienced traders in Vietnam often recommend testing at least two different brokers with small deposits before deciding which one fits your trading style. Real feedback from other users is one of the most practical ways to understand a broker’s reliability, customer service quality, and platform stability under real market conditions.

Industry Recognition

Top brokers serving Vietnam have received multiple international awards for their transparency, technology, and customer service. These awards are often given by respected financial publications, trader communities, or annual forex industry events. They show that the broker has built trust over time and continues to improve service quality.

For example, IC Markets for “Best Execution,” and Pepperstone for “Most Trusted Broker.” XM and FXTM often win regional awards for customer support and trader education. Such achievements matter because they confirm that these companies operate professionally and maintain high standards for global clients, including those in Vietnam.

Affiliate & Partnership Programs

Many of these brokers also offer IB (Introducing Broker) and affiliate programs, allowing users to earn extra income by referring new traders. These programs are popular in Vietnam because they don’t require large investments or trading experience — partners earn commissions every time their referred clients trade. It’s one of the easiest ways to build a small online business around forex education, trading signals, or community management.

FXTM, and RoboForex have some of the strongest and most transparent partnership models in Vietnam. They provide real-time tracking dashboards, flexible payout options, and marketing tools in multiple languages. Partners can use banners, referral links, and analytics to monitor performance. Commissions are often paid daily or weekly, depending on the program.

For traders who run YouTube channels, Facebook groups, or Telegram communities about forex trading, becoming an affiliate can be a steady source of passive income. Brokers like JustMarkets, OctaFX, and IC Markets also offer multi-level partnership systems — meaning you can earn not only from your direct clients but also from sub-partners you refer.

These programs are legitimate and supported by regulated brokers, but success depends on building trust and providing real value to your audience. Sharing trading knowledge, writing reviews, or offering tutorials can help attract clients naturally. Over time, a consistent approach can turn a small referral effort into a long-term business with recurring earnings.

Advantages of Trading with Regulated Brokers

Choosing a regulated broker gives traders a safer and more transparent trading experience. Licensed companies must follow strict financial rules, keep client funds separate from company accounts, and submit regular audits to authorities. This protects traders from fraud or unfair practices and builds confidence when depositing or withdrawing funds.

Regulated brokers such as Pepperstone (ASIC/FCA), IC Markets (ASIC/CySEC), and Avatrade (Central Bank of Ireland) provide higher security than unlicensed entities. They also offer features like negative balance protection and dispute resolution procedures. Vietnamese traders should always verify a broker’s license number on the regulator’s official website before opening an account.

Example of Deposit Options by Broker

Deposits and withdrawals are one of the most important factors when choosing a forex broker in Vietnam. Most international brokers now support local bank transfers, e-wallets, and sometimes cryptocurrency payments, making transactions fast and simple. The table below shows the main deposit options offered by leading brokers used by Vietnamese traders.

Local payments are the most convenient method for Vietnamese traders because they allow quick deposits and withdrawals in VND. E-wallets like Skrill, Neteller, and Perfect Money are also widely used, especially for traders who want instant transfers. Before depositing, always check whether your broker covers transaction fees or passes them to the client, as this can slightly affect your overall trading cost.

Tips for Vietnamese Traders

Trading forex successfully takes time and discipline. It’s important to control emotions, protect capital, and learn continuously.

Useful tips:

1. Start with a demo account before risking real money.
2. Keep your leverage low to avoid large losses.
3. Trade with regulated brokers only.
4. Learn basic technical and fundamental analysis.
5. Use stop-loss orders on every trade.
6. Withdraw profits regularly to secure gains.
7. Avoid trading during high-impact news if you’re new.

Sticking to these habits helps you stay consistent and reduce stress while trading. Remember that profitable forex trading depends more on strategy and patience than luck.

Frequently Asked Questions (FAQ)