10 Best Forex Brokers in Vietnam
10 Best Forex Brokers in Vietnam – Upstanding or Uncertain, Revealed! We have listed the top SBV-authorized Forex Brokers offering VND Accounts and Localized services to Vietnamese Forex Traders.
10 Best Forex Brokers in Vietnam – Battle of the Brokers
 | Localized Vietnamese Website Accepts local payment methods Competitive spreads Wide range of instruments |  |  |
 | Vietnamese language support Servers near Southeast Asia for lower latency Heavily regulated | | |
 | Vietnamese-language customer support SBV Deposit Options MT4/MT5 | | |
 | Actively expanding in Southeast Asia with localized Vietnamese support | | |
 | Vietnamese support and region-friendly deposit options Axi Copy Trading | | |
 | ProRealTime charts Autochartist integrations Regulated by top-tier authorities | | |
 | Vietnamese-language website MT4, MT5, and cTrader Large liquidity pool | | |
 | Zero commission accounts Localized payment solutions Copy trading | | |
 | Strong reputation in Vietnam Localized services MT4, MT5, and cTrader Offers Smart Trader Tools | | |
 | Vietnamese-language support Fixed and floating spread options Educational hub | | |
10 Best Forex Brokers in Vietnam (2025*)
- RoboForex – Overall, The Best Forex Broker in Vietnam.
- TMGM – Offers Vietnamese language support and local education content.
- JustMarkets – Offers local (SBV) bank deposit options for faster and easier transactions.
- ATFX – Hosts educational webinars and seminars tailored to Vietnam.
- AXI – Offers copy trading through Axi Copy Trading.
- IG – Advanced tools like ProRealTime charts and Autochartist integrations.
- IC Markets – Localized VND payment options and Vietnamese-language website
- Vantage Markets – Access to powerful tools like TradingView, SmartTrader, and VPS.
- Pepperstone – Multiple award-winning customer support.
- FxPro – Excellent reputation for execution and trade transparency.
10 Best Forex Brokers – Globally*
RoboForex
RoboForex is not regulated by the State Bank of Vietnam (SBV), but it does accept Vietnamese traders through its offshore license. The broker offers localized services, including language support and regional payment options, making it accessible despite lacking local regulatory approval.
 | Minimum Deposit: $10 Regulated by: FSC Crypto: Yes |
| Feature | RoboForex | Availability in Vietnam | Notes |
| Regulation | FSC (Belize) | Not SBV-regulated | Offshore license |
| Local Payment Options | Yes | Available | Bank transfers e-wallets supported |
| Vietnamese Language Support | Yes | Available | On website and customer service |
| Platforms Offered | MT4, MT5, cTrader, R StocksTrader | Fully accessible | Desktop web mobile platforms |
Frequently Asked Questions
Is RoboForex regulated by the State Bank of Vietnam (SBV)?
No, RoboForex is not regulated by the State Bank of Vietnam. Instead, it operates under an offshore license from the Financial Services Commission (FSC) of Belize. Vietnamese traders should weigh this carefully when assessing the broker’s credibility and risk profile.
Can Vietnamese traders open accounts with RoboForex?
Yes, Vietnamese traders can register and trade with RoboForex. The broker offers local language services and regional payment methods, providing a user-friendly experience even without SBV oversight. Traders should ensure they understand the risks of using an offshore-regulated broker.
| Minimum Deposit: $10 Regulated by: FSC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| High leverage up to 1:2000 | Not regulated by SBV |
| Vietnamese support and resources | Offshore regulation (FSC Belize) |
| Wide range of trading platforms | Limited investor protection |
| Copy trading via CopyFX | Limited transparency for beginners |
| Fast local deposits and withdrawals | Not ideal for long-term investing |
Our Insights
Although RoboForex is not SBV-regulated, it remains accessible to Vietnamese clients and provides convenient local support. Traders seeking high leverage, multi-platform options, and a wide range of assets may find value but should proceed with caution due to its offshore regulation.
| # | Criteria | Score |
| 1. | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2. | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐⭐ |
| 3. | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4. | Research and Education | ⭐⭐⭐☆☆ |
| 5. | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6. | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7. | Deposit and Withdrawal Option | ⭐⭐⭐⭐⭐ |
| 8. | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9. | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10. | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
TMGM
TMGM isn’t regulated by the State Bank of Vietnam (SBV). However, it operates under licenses from globally recognized bodies like ASIC and VFSC, and actively accepts Vietnamese clients, offering local language support and payment solutions, making it a popular offshore choice.
 | Minimum Deposit: $100 Regulated by: ASIC, FMA, VFSC Crypto: Yes |
| Feature | TMGM | Vietnam Access | Notes |
| Regulation | ASIC VFSC CMA | Not SBV-regulated | Offshore licensing |
| Vietnamese Support | Yes | Full localisation | Website education webinars |
| Deposit Methods | VND banking Skrill Neteller | Fast and diverse | Instant to 1–4 days |
| Platforms Tools | MT4 MT5 IRESS | All available | ECN execution DMA access |
Frequently Asked Questions
Is TMGM regulated by the State Bank of Vietnam (SBV)?
No. TMGM doesn’t hold any SBV license. It’s governed by well-respected international regulators: ASIC (Australia), VFSC (Vanuatu), and CMA (Kenya), under different entities depending on the region.
Can Vietnamese traders open accounts and deposit in VND?
Yes, Vietnamese traders can open TMGM accounts, with a local-language website and regional payment options including online banking for VND funding, as well as Skrill, Neteller, UnionPay, and fast onshore processing.
| Minimum Deposit: $100 Regulated by: ASIC, FMA, VFSC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Regulated by ASIC, VFSC, CMA | Not regulated by SBV |
| Local-language website & support | Offshore regulation comes with risks |
| VND deposit options | Education content may be limited |
| Multiple platforms (MT4/MT5/IRESS) | Higher minimum deposit (~$100) |
| ECN-style execution, tight spreads | Withdrawal fees possible |
Our Insights
TMGM isn’t SBV-regulated but is fully accessible to Vietnamese traders. With multilingual support, VND deposit methods, and solid international regulation, it offers a compelling offshore option, though local regulatory protections are absent, which adds compliance and legal risk considerations.
| # | Criteria | Score |
| 1. | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2. | Range of Investments, Platforms and Tools | ⭐⭐⭐☆☆ |
| 3. | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4. | Research and Education | ⭐⭐☆☆☆ |
| 5. | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6. | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7. | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8. | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9. | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10. | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
JustMarkets
JustMarkets isn’t regulated by the State Bank of Vietnam (SBV) but holds international licenses from CySEC, FSA (Seychelles), FSCA (South Africa), and FSC (Mauritius). It welcomes Vietnamese traders, and offers VND accounts, local deposits and withdrawals, plus high leverage, making it a strong offshore option.
 | Minimum Deposit: $10 Regulated by: FSA, CySEC, FSCA, FSC Crypto: Yes |
| Feature | JustMarkets | Vietnam Access | Notes |
| Regulation | CySEC FSA FSC FSCA | Not SBV‑regulated | Multi‑jurisdictional licences |
| Vietnamese Support | Yes | Full localisation | Website support tools in Vietnamese |
| VND Accounts Payments | Yes | Fast and fee‑free | Local banks e‑wallets supported |
| Leverage | Up to 1:3000 | Fully available | High leverage popular in Vietnam |
Frequently Asked Questions
Is JustMarkets regulated by the State Bank of Vietnam (SBV)?
No. JustMarkets isn’t SBV‑regulated. Instead, it’s licensed by CySEC, FSA, FSC, and FSCA – providing a degree of oversight typical of offshore brokers.
Can Vietnamese traders open accounts and deposit in VND?
Yes. JustMarkets supports Vietnamese clients with a localized platform, Vietnamese‑language support, VND as a base currency, and seamless local bank deposits and withdrawals.
| Minimum Deposit: $10 Regulated by: FSA, CySEC, FSCA, FSC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| High leverage (up to 1:3000) | No SBV regulation |
| Multiple international licences | Offshore risk and less local protection |
| VND base currency & local payments | No investor compensation scheme |
| Local language platform and support | Limited proprietary research tools |
| Zero commission on deposits/withdrawals | Certain countries restricted |
Our Insights
While not SBV‑regulated, JustMarkets offers comprehensive support for Vietnamese traders, leveraging local currency accounts, high-leverage options (up to 1:3000), and regional payment methods. It’s a reputable offshore choice, though traders must acknowledge the inherent risks of non-local regulation.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
ATFX
ATFX is not regulated by the State Bank of Vietnam (SBV). Instead, it holds licenses from top-tier global regulators like FCA, ASIC, CySEC, and SERC Cambodia. With a local office in Ho Chi Minh City and full Vietnamese-language support, it fully welcomes Vietnamese traders.
 | Minimum Deposit: $500 Regulated by: FCA, FSCA, ASIC, SCA, CySEC, FSC, FSA, HK Crypto: Yes |
| Feature | ATFX | Vietnam Access | Notes |
| Regulation | FCA ASIC CySEC SERC Cambodia FSCA | Not SBV‑regulated | Multi‑jurisdictional oversight |
| Vietnamese Support | Yes | Full localisation | Website support team educational resources |
| VND Accounts Funding | Yes | Fast and diverse | Bank transfers cards e‑wallets |
| Platform Tools | MT4 MT5 proprietary app Trading Central Autochartist | Fully available | Full suite of analysis tools |
Frequently Asked Questions
Is ATFX regulated by the State Bank of Vietnam (SBV)?
No. ATFX does not hold a license from the State Bank of Vietnam. It operates under various international regulators, such as the FCA in the UK, ASIC in Australia, CySEC in Cyprus, SERC in Cambodia, and several others.
Can Vietnamese traders open ATFX accounts and fund them in VND?
Yes. ATFX runs a local office in Ho Chi Minh City, supports Vietnamese on its website and customer service, and enables VND deposits via local bank transfers, cards, Skrill, Neteller, and wire transfers.
| Minimum Deposit: $500 Regulated by: FCA, FSCA, ASIC, SCA, CySEC, FSC, FSA, HK Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Regulated by FCA, ASIC, CySEC, SERC Cambodia | Not regulated by SBV |
| Local office & Vietnamese-language support | Offshore status lacks local protection |
| VND deposit via local bank transfers and e-wallets | Higher minimum deposit ($50–$500) |
| Advanced tools: Trading Central, Autochartist | Some users report occasional delays |
| Multiple platforms: MT4/MT5 + proprietary mobile app | Spreads on some instruments can be higher |
Our Insights
Although not regulated by SBV, ATFX is highly accessible to Vietnamese traders thanks to strong global regulation, local presence, VND funding options, and Vietnamese-language support. It’s a reliable offshore broker with full-service support, though domestic regulatory protection is lacking.
| # | Criteria | Score |
| 1. | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2. | Range of Investments, Platforms and Tools | ⭐⭐⭐☆☆ |
| 3. | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4. | Research and Education | ⭐⭐☆☆☆ |
| 5. | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6. | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7. | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8. | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9. | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10. | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
Axi
Axi is not regulated by the State Bank of Vietnam (SBV). It operates under multiple international regulators, including ASIC, FCA, DFSA, FMA, CySEC, and VFSC. Vietnamese traders are accepted with full local support, VND funding, low spreads, and access to MT4 and social trading tools.
 | Minimum Deposit: $10 Regulated by: FSC Crypto: No |
| Feature | Axi | Vietnam Access | Notes |
| Regulation | ASIC FCA DFSA CySEC FMA VFSC | Not SBV‑regulated | Multiple Tier‑1 and offshore licences |
| Vietnamese Support | Yes | Fully localised | Local website and multilingual support |
| VND Funding Payments | Yes | Bank transfers e-wallets | Fee‑free local channels supported |
| Platforms Tools | MT4 MT4 NextGen Axi Trading Copy Trading | Available | VPS Autochartist technical tools |
Frequently Asked Questions
Is Axi regulated by the State Bank of Vietnam (SBV)?
No, Axi does not hold a license from SBV. It’s regulated globally through entities in Australia (ASIC), the UK (FCA), Dubai (DFSA), Cyprus (CySEC), New Zealand (FMA), and Vanuatu (VFSC).
Can Vietnamese traders open accounts and deposit in VND?
Yes. Axi accepts Vietnamese clients, offers a Vietnamese-language website and customer support, and supports a variety of local payment options such as Internet banking, Ngan Luong, local bank cards, Skrill, and Neteller.
| Minimum Deposit: $10 Regulated by: FSC Crypto: No |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Globally regulated by Tier-1 authorities | Not regulated by SBV |
| VND deposits via local channels, no deposit fees | Slippage issues reported |
| Local-language support and 24/5 customer service | Limited proprietary research tools |
| Low minimum deposit (as low as $1) | Demo accounts expire after 30 days |
| Advanced MT4 tools: VPS, social trading, Autochartist | Withdrawal processing times may vary |
Our Insights
Axi is a secure, internationally regulated broker without SBV oversight yet fully accessible to Vietnamese traders. It combines low minimum deposits, VND-friendly funding, robust support, MT4, social trading, and competitive pricing. However, domestic regulatory protections are absent and some users report occasional slippage.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
IG
IG is not regulated by the State Bank of Vietnam (SBV) but is overseen by top-tier authorities, including the FCA, ASIC, MAS, BaFin, FINMA, DFSA, and CFTC. Although it doesn’t support VND accounts directly, Vietnamese traders can still open accounts and access global markets using USD, EUR, or GBP.
 | Minimum Deposit: $250 Regulated by: FCA, ASIC, CFTC, NFA, BaFin Crypto: Yes |
| Feature | IG Group | Vietnam Access | Notes |
| Regulation | FCA ASIC MAS BaFin FINMA DFSA CFTC | Not SBV‑regulated | Regulated by multiple top-tier bodies |
| Language Support | English only | Partial access | No Vietnamese support or local office |
| Funding Currency | USD EUR GBP | No VND deposits | Currency conversion required |
| Platform Tools | Web mobile MT4 ProRealTime L2 Dealer | Fully available | Advanced analysis and trading tools |
Frequently Asked Questions
Is IG regulated by the State Bank of Vietnam (SBV)?
No, IG does not hold an SBV license. However, it carries strong oversight from multiple leading global regulatory bodies such as FCA, ASIC, MAS, BaFin, FINMA, DFSA, and CFTC, offering high standards of security and compliance.
Can Vietnamese traders open accounts and fund them in local currency?
Yes, Vietnamese clients may open accounts with IG International. However, IG does not accept VND directly; funding must be in major currencies like USD, EUR, or GBP, which means currency conversion fees and potential delays.
| Minimum Deposit: $250 Regulated by: FCA, ASIC, CFTC, NFA, BaFin Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Regulated by multiple Tier‑1 authorities | Not regulated by SBV |
| Access to over 17,000 global markets | No direct VND funding |
| Excellent research and analysis tools | English-only customer support |
| Multiple platforms, including MT4 and ProRealTime | Minimum deposit may be high for some users |
| Established, trusted broker since 1974 | Inactivity fees may apply |
Our Insights
IG is a globally trusted, well-regulated broker that welcomes Vietnamese traders, albeit without SBV oversight or direct VND funding. It offers a wide market range, powerful platforms, and research tools, but local currency limitations and conversion costs may affect its appeal.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐⭐ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐⭐ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐⭐ |
IC Markets
IC Markets is not regulated by the State Bank of Vietnam (SBV). Instead, it operates under ASIC (Australia), CySEC (Cyprus), SCB, and FSA (Seychelles). It welcomes Vietnamese traders with local bank transfers, VND support, and high leverage, making it a top offshore choice.
 | Minimum Deposit: $200 Regulated by: FSA Crypto: Yes |
| Feature | IC Markets | Vietnam Access | Notes |
| Regulation | ASIC CySEC SCB FSA | Not SBV‑regulated | Multiple Tier‑1 and offshore licences |
| VND Deposits | Supported via local banks (Vietcombank, Techcombank, ACB) | Yes | Over 15 funding methods |
| Platforms Tools | MT4 MT5 cTrader TradingView Autochartist VPS | Fully available | Professional-level analysis tools |
| Spreads Leverage | Spreads from 0 pips (Raw); Standard spreads ~0.6–0.8 pips | High up to 1:500 | Raw account fees from $3–7 per lot |
Frequently Asked Questions
Is IC Markets regulated by the State Bank of Vietnam (SBV)?
No, IC Markets does not hold an SBV license. It is regulated internationally under ASIC, CySEC, SCB, and the FSA, offering robust oversight and security for Vietnamese clients.
Can Vietnamese traders open accounts and funds in VND?
Yes. Vietnamese clients can open accounts and use local bank transfers with major banks like Vietcombank, Techcombank, and ACB, enabling fast, fee-free funding in VND.
| Minimum Deposit: $200 Regulated by: FSA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Tier‑1 global regulation (ASIC, CySEC, FSA, SCB) | No SBV licence – offshore legal risk |
| VND deposits via major local banks | Minimum deposit is US$200 |
| Ultra-tight raw spreads & ECN execution | Some users report slippage |
| Multiple platforms & advanced tools (Autochartist, VPS) | No local office in Vietnam |
| Support for both beginner & professional traders | Limited local promotions or bonuses |
Our Insights
IC Markets is a well-regulated offshore broker that fully supports Vietnamese traders through VND deposits, multilingual support, top platforms, and competitive pricing. Though not SBV-regulated, its strong international licenses and regional services make it an appealing choice, with the usual caution for offshore regulation.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Vantage Markets
Vantage Markets isn’t regulated by Vietnam’s State Bank (SBV). It operates under licenses from reputable authorities, including the FCA, ASIC, CIMA (Cayman), VFSC, and FSCA. The broker supports Vietnamese traders with Vietnamese-language support, local funding options, and versatile account types, making it a strong offshore choice.
 | Minimum Deposit: $50 Regulated by: CIMA, VFSC, FSCA, ASIC Crypto: Yes |
| Feature | Vantage Markets | Vietnam Access | Notes |
| Regulation | FCA ASIC CIMA VFSC FSCA | Not SBV‑regulated | Multi‑jurisdictional oversight |
| Vietnamese Support | Yes | Full localisation | Office and support materials in Vietnamese |
| Funding Account Types | Local bank transfer e‑wallets VND permitted | Fast and fee‑free | Standard Raw ECN PRO ECN |
| Platforms Tools | MT4 MT5 ProTrader Mobile App TradingView | Fully available | Advanced charting copy trading |
Frequently Asked Questions
Is Vantage Markets regulated by the State Bank of Vietnam (SBV)?
No. Vantage Markets holds licenses from the FCA, ASIC, CIMA, VFSC, and FSCA, but does not have SBV approval. These diversified jurisdictions offer solid oversight, though Vietnamese traders trade without local regulatory protection.
Can Vietnamese traders open accounts and deposit in VND?
Yes. Vantage accepts Vietnamese clients, offering a Vietnam office, Vietnamese-language support, and funding via local bank transfers. Clients enjoy fast processing, fee‑free deposits, and account types including Standard, Raw ECN, and PRO ECN.
| Minimum Deposit: $50 Regulated by: CIMA, VFSC, FSCA, ASIC Crypto: Yes |
Our Insights
Although not SBV-regulated, Vantage Markets delivers strong regional support for Vietnamese traders, complete with local funding, multi-platform access, and tight spreads. With solid international regulation, it positions itself as a reputable offshore option, though Vietnamese clients need to acknowledge the lack of domestic regulatory safeguards.
| # | Criteria | Score |
| 1. | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2. | Range of Investments, Platforms and Tools | ⭐⭐⭐☆☆ |
| 3. | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4. | Research and Education | ⭐⭐☆☆☆ |
| 5. | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6. | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7. | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8. | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9. | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10. | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
Pepperstone
Pepperstone is not regulated by Vietnam’s State Bank (SBV), but it holds licenses from ASIC, FCA, CySEC, BaFin, DFSA, CMA, and SCB. It does accept Vietnamese traders under its SCB license, offering Vietnamese-language support, a variety of funding methods, and tight execution speed.
 | Minimum Deposit: $200 Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB Crypto: Yes |
| Feature | Pepperstone | Vietnam Access | Notes |
| Regulation | ASIC FCA CySEC BaFin DFSA CMA SCB | Not SBV‑regulated | Licensed across seven jurisdictions |
| Vietnamese Support | Yes | Full localisation | Website and customer support available |
| Funding Methods | Bank transfers cards e-wallets | Yes, no deposit fees | Instant to same-day processing |
| Platforms Tools | MT4 MT5 cTrader TradingView Smart Tools Autochartist VPS | Full suite available | Suits both novice and professional traders |
Frequently Asked Questions
Is Pepperstone regulated by the State Bank of Vietnam (SBV)?
No, Pepperstone operates under multiple international regulators, including ASIC, FCA, CySEC, BaFin, DFSA, CMA, and SCB. It holds no SBV license, so activities in Vietnam are offshore.
Can Vietnamese traders open accounts and funds in VND?
Yes, Pepperstone accepts Vietnamese residents. While it doesn’t offer direct VND accounts, it provides various funding methods, including international bank transfers, cards, and e-wallets like Neteller, Skrill, and UnionPay, with fast processing and no deposit fees.
| Minimum Deposit: $200 Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Regulated by multiple Tier‑1 authorities | No SBV licence or local regulatory protection |
| Accepts Vietnamese residents under SCB licence | No direct VND account—currency conversions required |
| Multiple funding methods with fast, fee-free deposits | Demo accounts expire after 30 days |
| Ultra-tight raw spreads & ECN execution infrastructure | Inactivity fees may apply for dormant accounts |
| Supports Vietnamese-language support & tools | Some users report occasional slippage issues |
Our Insights
Pepperstone is a reputable, globally regulated broker that accepts traders from Vietnam under an offshore license. With Vietnamese-language support, diverse funding methods, competitive execution, and tight spreads, it’s a top offshore choice, though it lacks SBV insurance or local regulatory safeguards.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
FxPro
FxPro is not regulated by Vietnam’s State Bank (SBV). It is, however, licensed by multiple respected authorities, including FCA, CySEC, FSCA, SCB, and FSA. With new support for Vietnamese‑dong accounts and local-language services, FxPro is available to traders in Vietnam under offshore regulation.
 | Minimum Deposit: $100 Regulated by: FCA, CySEC, ASIC Crypto: Yes |
| Feature | FxPro | Vietnam Access | Notes |
| Regulation | FCA CySEC FSCA SCB FSA | Not SBV‑regulated | Multi‑jurisdictional licences |
| VND Account Support | Yes | Available | VND accounts introduced |
| Platforms Tools | MT4 MT5 cTrader FxPro Edge reporting tools | Fully available | Online desktop mobile |
| Client Fund Protection | Segregated accounts FSCS/ICF member negative‑balance protection | Strong | Audited by PwC major bank custody |
Frequently Asked Questions
Is FxPro regulated by the State Bank of Vietnam (SBV)?
No, FxPro does not hold an SBV licence. It operates under strong oversight from regulatory bodies such as the UK’s FCA, Cyprus’s CySEC, South Africa’s FSCA, Seychelles’ FSA, and the Bahamas’ SCB.
Can Vietnamese traders open accounts and deposit in VND?
Yes. FxPro has recently added the Vietnamese dong as an account currency. Traders in Vietnam can open VND-denominated accounts with local‑currency funding, avoiding conversion fees via international transfer.
| Minimum Deposit: $100 Regulated by: FCA, CySEC, ASIC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Regulated by multiple Tier‑1 authorities | Not licensed by SBV – no local oversight |
| VND account support reduces currency conversion costs | Offshore regulation means limited domestic legal recourse |
| Strong fund protection and account segregation | Minimum deposit may be higher for some jurisdictions |
| Wide range of platforms & advanced trading tools | No dedicated local office in Vietnam |
| Negative balance protection for retail clients | Inactivity fee may apply |
Our Insights
Though lacking SBV regulation, FxPro offers solid international oversight and now supports VND accounts, making it accessible to Vietnamese traders. With strong platforms, multilingual service, and fund protection, it stands as a competitive offshore option, though clients should accept that domestic regulatory protections don’t apply.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Forex Trading in Vietnam: Legal Landscape, Growth and Opportunities
Younger investors in Vietnam are rapidly driving the growth of forex trading. Although the State Bank of Vietnam (SBV) does not currently license or regulate retail forex trading, Vietnamese traders can legally access international brokers. This creates a dynamic but unregulated environment, so traders must exercise caution and choose brokers wisely.
Is Forex Trading Legal in Vietnam?
Individual Vietnamese residents can legally trade forex, but only through foreign brokers. Domestic institutions may not offer retail forex services. The State Bank of Vietnam enforces this by prohibiting unauthorized forex operations within the country.
Do Vietnamese Traders Have Local Protection?
Vietnamese law does not protect traders who use international brokers. Since these brokers operate outside the country, foreign jurisdictions handle any disputes or issues. For this reason, traders must choose brokers regulated by top-tier authorities like ASIC, FCA, or CySEC.
Key Facts About Forex in Vietnam
| Topic | Details |
| Legal Status | Permitted with offshore brokers |
| Local Broker Regulation | Not available for retail traders |
| SBV Oversight | Applies to banks and licensed institutions only |
| Popular Platforms | MT4 MT5 cTrader TradingView |
| Payment Methods | Local bank transfers cards e-wallets |
| Languages Supported | Many top brokers offer Vietnamese-language platforms and support |
| Currency Support | Some brokers now offer VND denominated accounts |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Easy access to global forex markets | No SBV protection for retail clients |
| Low entry barriers via offshore brokers | Risk of scams or unregulated brokers |
| Support for VND and local payment systems | Limited dispute resolution channels |
| Vietnamese language support by major brokers | Regulatory environment remains unclear |
| Strong interest among young, tech-savvy investors | Requires careful broker research and due diligence |
Vietnamese traders can legally access the global forex market by using international brokers. This access offers opportunities, but it also brings risks due to limited local regulation. To succeed in Vietnam’s forex space, traders must choose a trustworthy, well-regulated broker and understand the trading environment.
What Real Vietnamese Traders Want to Know!
Q: Is Forex trading legal in Vietnam?
Q: Can Vietnamese citizens trade with foreign Forex brokers?
Q: Is Forex trading regulated in Vietnam?
Q: Are there any Vietnamese Forex brokers?
Q: What are the risks of Forex trading in Vietnam?
Q: How do I fund a Forex account from Vietnam?
Q: Are Forex trading profits taxable in Vietnam?
Q: What platforms do Vietnamese Forex traders use?
Q: Can I trade Forex on my smartphone in Vietnam?
Q: What is the minimum deposit to start Forex trading?
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In Conclusion
Forex trading is growing rapidly in Vietnam, and investors are finding exciting opportunities. However, traders must choose a licensed broker, understand local regulations, and approach the market with sound strategies and risk management.
Faq
Yes, but it requires education, practice with demo accounts, and strong risk management.
Yes, most international brokers offer free demo accounts to Vietnamese residents.
Yes, offshore brokers often offer high leverage, but it’s risky and should be used cautiously.
Only use trusted, regulated international brokers and avoid unrealistic profit promises.
Major pairs like EUR/USD, USD/JPY, and GBP/USD are the most commonly traded.
Yes, online forums, Facebook groups, and Telegram channels connect local traders.
Some banks may restrict transactions to Forex brokers, so e-wallets are often safer.
Yes, many brokers support withdrawals via wire transfer or e-wallets linked to Vietnamese banks.
It oversees foreign exchange control and monetary stability but doesn’t regulate individual traders.
There are websites, YouTube channels, and local mentors offering Forex education in Vietnamese.
