Best Forex Brokers in Vietnam
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FxPro Review
Overall, FxPro is considered low risk, with an overall Trust Score of 90 out of 100. FxPro is licensed by one Tier-1 Regulator (high trust), two Tier-2 Regulators (average trust), and two Tier-3 Regulators (low trust). FxPro offers Vietnamese traders four retail trading accounts: Standard Account, Pro Account, Raw+ Account, and ECN Account.
- Lesche Duvenage
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawels
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.6/5
Min Deposit
USD 100 (recommended amount USD 1000) / 2444503 VND
Regulators
FCA, CySEC, FSCA, SCB
Trading Desk
MT4
Crypto
Yes
Total Pairs
70
Islamic Account
Yes
Trading Fees
High
Account Activation
24 Hours
Overview
The broker is a well-known Forex and CFD broker that provides Vietnamese traders with a wide range of features and services.
The company was founded in 2006 and is regarded as the world’s leading online Forex broker. The broker offers CFDs on currency pairs and five other asset classes, making it an appealing option for traders interested in these markets.
The broker offers a minimum deposit of $100 for Vietnamese traders to begin trading on their platform. However, there official recommended initial deposit is $1,000. This range of minimum deposits caters to traders with varying budgets and risk tolerances.
Vietnamese traders can open either a standard account with a $5 minimum deposit or a Zero account with a $100 minimum deposit.
To meet the diverse needs of its clients, the broker offers a wide range of trusted, award-winning platforms and account types. MetaTrader 4, MetaTrader 5, and cTrader are the platforms the broker supports.
Vietnamese traders can use their desktop or mobile devices to access these platforms, allowing them to trade while benefiting from ultra-low latency trading infrastructure, award-winning order execution, and deep liquidity.
The broker charges low forex fees and provides free deposit and withdrawal options. On the other hand, the broker charges an inactivity fee, and its stock CFD fees are considered high. Vietnamese traders should consider these factors when selecting FxPro as their preferred broker.
Top 3 FxPro User Reviews
- Quoc Foster (September 2023) “FxPro is regarded as the best broker in the world because it offers the most services. You can rest assured that this platform supports your preferred trading instruments.”
- Xuan Morris (August 2023) “I thoroughly researched FxPro’s sign-up process and am now ready to submit my paperwork. The minimal requirements can be met with something as simple as a bank statement showing your address. You will receive an email for account verification once the form is filled out and the required documents are uploaded. There are no hiccups or other complexities in the procedure.”
- Hung White (August 2023) “Curiously, I learned about FxPro while flipping through channels on a sports network. Their corporate sponsorship strategy is smart advertising and gives clients confidence in their offerings.”
Advantages that FxPro has over competitors
- competent educational and research department provides a dependable trading environment. Traders can access ongoing research and development, which is a major focus of the broker, resulting in significant benefits for its clients.
- supports various platforms, including MetaTrader 4, MetaTrader 5, and cTrader.
- has an excellent customer service team that responds quickly and accurately and can be reached in various languages.
- is best for Forex and CFD traders who want a wide range of trading markets. The broker provides many currency pairs and over 2,000 stock CFDs, giving traders plenty of options.
- Order execution is transparent and efficient: FxPro offers fully transparent execution methods that vary by account type, with less than 1% of client orders requoted in 2020.
- provides swap-free accounts for customers whose religious beliefs prohibit swapping, making it a good option for Islamic traders.
- There are multilingual webinars on the company’s YouTube channel and the quality of its real-time news offering.
- most competitive spreads are available on its cTrader platform, which offers commission-based pricing. This enables traders to obtain tight spreads, lowering their trading costs.
- Vietnamese traders have a variety of free deposit and withdrawal options. This convenience makes managing traders’ funds easier.
Who will Benefit from Trading with FxPro?
- caters to traders looking for a broker who does not charge commissions on most trades. FxPro, like many other brokers, does not charge commissions on most trades, allowing traders to keep more of their profits.
- is an excellent choice for experienced Forex and CFD traders. The broker provides a plethora of trading market options, including a large number of currency pairs and over 2,000 stock CFDs. This extensive selection provides traders with numerous opportunities.
- Traders looking for a dependable and secure trading environment will value what FxPro offers. Its capable educational and research department demonstrates the broker’s dedication to a dependable trading environment. This division ensures traders have access to ongoing research and development, resulting in significant client benefits.
- is an excellent choice for multilingual traders. The broker offers multilingual webinars on the company’s YouTube channel, and its real-time news offering is of high quality. This provides FxPro with a competitive advantage over its competitors. Traders who prefer to access information in their native language will benefit greatly from these resources.
- Experienced traders looking for a reputable and award-winning broker should consider FxPro. The broker is well-known for its fund security and maximum leverage. Traders prioritizing these aspects will find FxPro an excellent trading partner.
- is also friendly to Islamic traders. The broker provides swap-free accounts for customers whose religious beliefs prohibit them from trading, making it an excellent choice for Islamic traders.
- provides its clients with free educational materials, forex trading tools, and demo trading accounts. This service is especially beneficial for traders who want to practice and improve their knowledge of CFDs.
- provides traders with deep liquidity and efficient order execution. Trading servers for the broker are co-located and cross-fibre connected with Tier 1 providers. This infrastructure enables traders to access deep liquidity while taking advantage of the broker’s award-winning No Dealing Desk execution.
Does FxPro offer trading algorithms?
Yes, the broker’s platforms support trading algorithms, allowing traders to automate their trading strategies.
Can I trade cryptocurrencies on FxPro?
Yes, they provide cryptocurrency trading, allowing traders to capitalize on the cryptocurrency market’s volatility and potential profit opportunities.
FxPro At a Glance
| 🏛 Headquartered | London, England |
| 🌎 Global Offices | United Kingdom, Cyprus, South Africa, the Bahamas, Mauritius |
| 🏛 Local Market Regulators in Vietnam | The State Bank of Vietnam (SBV) |
| 💳 Foreign Direct Investment in Vietnam | 22.40 Billion USD (Dec 2022) |
| 💰 Foreign Exchange Reserves in Vietnam | 85,801 million USD (Feb 2023) |
| ✔️ Local office in Hanoi? | No |
| 👨⚖️ Governor of SEC in Vietnam | SBV Governor, Nguyen Thi Hong |
| ✔️ Accepts Vietnamese Traders? | Yes |
| 📊 Year Founded | 2006 |
| 📞 Vietnam Office Contact Number | None |
| 📱 Social Media Platforms | Facebook YouTube Telegram |
| ⚖️ Regulation | FCA, CySEC, SCB, FSCA, FSC |
| 1️⃣ Tier-1 Licenses | Financial Conduct Authority (FCA) |
| 2️⃣ Tier-2 Licenses | Cyprus Securities and Exchange Commission (CySEC) Financial Sector Conduct Authority (FSCA) |
| 3️⃣ Tier-3 Licenses | The Securities Commission of the Bahamas (SCB) The Financial Services Commission (FSC) |
| 🪪 License Number | United Kingdom – 509956 Cyprus – 078/07 Bahamas – SIA-F184 South Africa – FSP 45052 Mauritius – GB21026568 |
| ⚖️SBV Regulation | No |
| ✔️ Regional Restrictions | The United States, Canada, Iran |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 4 |
| ✔️ PAMM Accounts | Only MAM |
| 💻 Liquidity Providers | Unknown |
| ✔️ Affiliate Program | Yes |
| 📱 Order Execution | Market Execution |
| 📊 Starting spread | No |
| 📉 Minimum Commission per Trade | $7 Round turn on Forex |
| 💰 Decimal Pricing | 5th decimal after the comma |
| 📞 Margin Call | 100% |
| 🛑 Stop-Out | 50% |
| 📉 Minimum Trade Size | 0.01 lots |
| 📈 Maximum Trade Size | Unlimited |
| ✅ Crypto trading offered? | Yes |
| ✔️ Offers a VND Account? | No |
| 📉 Dedicated Vietnamese Account Manager? | No |
| 📈 Maximum Leverage | 1:500 |
| 📊 Leverage Restrictions for Vietnam? | No |
| 💳 Minimum Deposit (VDN) | USD 100 (recommended amount USD 1000) / 2444503 VND |
| ✔️ Vietnam Dong Deposits Allowed? | No |
| 📊 Active Vietnam Trader Stats | 90 million+ |
| 👥 Active Vietnam-based FxPro customers | Unknown |
| 🔁 Vietnam Daily Forex Turnover | 9.9 billion USD (2019) |
| 💰 Deposit and Withdrawal Options | Bank Transfers Credit/Debit Cards Neteller PayPal Skrill UnionPay |
| 💻 Minimum Withdrawal Time | 1 – 7 business days |
| ⏰ Maximum Estimated Withdrawal Time | 7 business days |
| 💳 Instant Deposits and Instant Withdrawals? | Yes |
| 🏛 Segregated Accounts with Vietnamese Banks? | No |
| 📱 Trading Platforms | MetaTrader 4 MetaTrader 5 cTrader FxPro App |
| 💻 Tradable Assets | Forex Futures Indices Shares Metals Energies Cryptocurrency CFDs |
| ✔️ Offers USD/VND currency pair? | No |
| 📊 USD/VND Average Spread | None |
| ✅ Offers Vietnamese Stocks and CFDs | No |
| 💻 Languages supported on the Website | English, Spanish, French, German, Italian, Polish, Czech, Hungarian, Swedish, Bulgarian, Finnish, Lithuanian, Danish, Croatian, Estonian, Norwegian, Romanian, Russian, Dutch, Portuguese, Indonesian, Malay, Vietnamese, Thai, Arabic, Korean, Chinese (Simplified), Chinese (Traditional), Mongolian, Japanese |
| ☎️ Customer Support Languages | Multilingual |
| 👥 Copy Trading Support | Yes |
| ⏰ Customer Service Hours | 24/5 |
| 📞 Vietnam-based customer support? | No |
| 💸 Bonuses and Promotions for Vietnamese? | Yes |
| 📚 Education for Vietnamese beginner traders | Yes |
| 📱 Proprietary trading software | Yes |
| 🤝 Most Successful Trader in Vietnam | Most Successful unknown, but the top include Dao Thi Kim Ngan, Tran Minh Tuan, Pham Quoc Dat, etc. |
| ✔️ Is the broker a safe broker for Vietnam Traders? | Yes |
| 🎖 Rating for Exness Vietnam | 8/10 |
| 🥇 Trust score for Exness Vietnamese | 90% |
| 👉 Open Account | 👉 Open Account |
Regulation and Safety of Funds
Regulation in Vietnam
The broker is not currently regulated by the State Bank of Vietnam (SBV). However, FxPro’s global regulations are listed in the table below.
Global Regulations
| Registered Entity | Country of Registration | Regulatory Entity | Tier | License Number/Ref |
| FxPro UK Limited | United Kingdom | FSCA | 1 | 509956 |
| FxPro Financial Services Limited | Cyprus | CySEC | 2 | 078/07 |
| FxPro Global Markets Limited | The Bahamas | SCB | 3 | SIA-F184 |
| FxPro Financial Services Limited | South Africa | FSCA | 2 | SIA-F184 |
| Prime Ash Capital Limited T/A FxPro | Mauritius | FSC | 3 | GB21026568 |
Security while Trading
- has a long-standing commitment to ensuring the security and safety of client funds. The broker’s stringent security measures and adherence to regulatory requirements contribute to the safety of its clients’ trading environment.
- UK Limited, regulated by the FCA, protects the FSCS, which covers eligible clients for up to £85,000 in the event of the broker’s insolvency.
- is extremely concerned with the security of client funds. All client funds are completely segregated from the company’s funds and held in separate bank accounts, providing traders with additional protection.
- has a positive reputation and is well-known in the industry. Its services have received numerous awards and commendations, demonstrating its dedication to security and client satisfaction.
- trading servers are co-located and cross-fibre connected with Tier 1 providers, ensuring deep liquidity and dependable order execution, which are indispensable for a secure trading experience.
- Financial Services Ltd is authorized and regulated by several reputable regulatory bodies, ensuring the broker complies with stringent requirements.
How are client funds protected with FxPro?
FxPro keeps client funds separate from the company’s operational funds, providing clients with protection.
What is FxPro’s policy on data protection?
FxPro is dedicated to protecting its clients’ data and follows the General Data Protection Regulation (GDPR) to ensure the privacy and security of its clients’ personal information.
Awards and Recognition
FxPro received the following recent awards and recognition:
- Best FX Service Provider in 2023, awarded during the City Of London Wealth Management Awards.
- Best Trading Conditions APAC in 2023, awarded during the Ultimate Fintech Awards.
- Best Online Broker Asia (2023), awarded by the Global Brands Magazine.
- Best in Class of Algo Trading in 2023, awarded by ForexBrokers.com.
- Best Trading Platform in 2023, awarded during the Online Money Awards.
- Most Innovative Trading Platform MENA (2023), awarded by the Global Brands Magazine.
How are client funds protected with FxPro?
FxPro keeps client funds separate from the company’s operational funds, providing clients with protection.
What is FxPro’s policy on data protection?
FxPro is dedicated to protecting its clients’ data and follows the General Data Protection Regulation (GDPR) to ensure the privacy and security of its clients’ personal information.
FxPro Account Types and Features
| 💻 Live Account | 💰 Minimum Dep. | 📊 Average Spread | ✔️ Commissions | 📈 Average Trading Cost |
| Standard | USD 100 / 2444503 VND | 1.2 pips | Only the Spread | 12 USD |
| Pro | $1000 / 24569964 VND | 0.6 pips | Only the Spread | 6 USD |
| Raw+ | $1,000 / 24569964,VND | 0.0 pips | $3.5 per side | 7 USD |
| ECN | $30,000 (in 2 months) 737098926 VND | 0.0 pips | $3.5 per side | 7 USD |
Standard Account
The Standard account is the most accessible and is best suited for new traders or those who prefer a simple trading experience. It has an easy-to-use interface does not require a large initial deposit, making it ideal for those new to forex trading or who prefer to start small.
Pro Account
The Pro account is designed for more seasoned traders seeking advanced features and tools.
This account type has lower spreads and better suits those who understand trading strategies and risk management. Furthermore, it is a great option for traders who want to take their trading to the next level.
Raw+ Account
Professional traders and institutional investors should use the Raw+ account. It has the tightest spreads and is ideal for high-volume traders. This account type is best suited for experienced traders who want razor-sharp spreads and are willing to pay a commission on each trade.
Elite Account
The Elite account is best suited for experienced traders who need direct market access and want to trade with the tightest spreads and lowest commissions.
This account offers an electronic communication network that connects traders directly to liquidity providers, making it the preferred option for those who require the most professional trading conditions.
Demo Account
FxPro provides a comprehensive demo account for traders to practice and become acquainted with the platform and trading strategies without risking real money. The demo account allows new and experienced traders to learn, experiment, and test new strategies in a risk-free environment.
The demo account includes features and benefits, such as real-time pricing, up to $100,000 in virtual funds, platform availability, and the ability to top up via FxPro Direct.
Traders can select from eight base currencies, giving them greater flexibility in their virtual trading activities. The demo account is valid for 180 days, providing traders ample time to experiment and practice.
Islamic Account
For Muslim traders who want to engage in halal trading, FxPro offers Islamic accounts, also known as swap-free accounts. These accounts are designed to ensure no interest is paid or received, making them Islamic compliant.
Furthermore, Islamic accounts are appropriate for traders whose religious beliefs forbid them from engaging in trading activities that involve overnight/swap fees on leveraged positions.
Contacting FxPro’s customer service will provide specific information about their Islamic accounts. Muslim traders can use FxPro’s demo account without restriction, allowing them to practice and become acquainted with the platform and trading conditions.
Professional Account
The broker does not offer any other accounts to Professional Traders.
Spread Betting Account
The broker does not offer spread betting to traders outside the United Kingdom.
FxPro Base Account Currencies
The base account currencies available to Vietnamese include the following:
- USD
- GBP
- CHF
- EUR
- PLN
- ZAR
- AUD
- JPY
Basic Order Types
- Market Order – A market order can be either a buy or a sell order that executes at the current market price. This is the current price displayed on your platform’s chart. If you place a market order, you will be immediately entered at the best available price.
- Market orders are most effective when a trading opportunity requires prompt action. Click buy/sell at market to enter the trade immediately.
- Stop Order – A stop order can be either a buy or sell stop, depending on whether you wish to purchase above or below the market.
- This is useful for trading breakouts or trend continuation strategies when you want the market to continue moving in the same direction.
- Limit Order – Alternatively, if you believe the price will reverse when it reaches a certain price, you can place a limit order.
- Limit orders can be either buy or sell limits, depending on the market’s direction before your anticipated reversal.
- A sell limit is used to sell above the market, while a buy limit is used to purchase below the market.
What is the minimum trade size on FxPro?
The minimum trade size on FxPro varies according to account type and financial instrument traded, with micro-lot trading available on some account types.
Can I access my FxPro account on mobile devices?
Yes, FxPro provides mobile trading platforms for iOS and Android devices, allowing clients to access and trade their accounts while on the go.
How to open a FxPro Account – A Step-by-Step Guide
To open an account, Vietnamese can follow these steps:
Step 1: Account Registration.
In order to register an account, the applicant can simply click on the Start Trading Now on webpage.
Step 2: Complete Personal Details
The Second step with registration process is to select the country of residence and enter an email plus password.
Step 3: Account Registration
In order to complete the account registration, the applicant will be required to provide personal information such as First and Last Name, Date of Birth, and contact details.
Can I open a trading account using the FxPro App?
Yes, you can use the app to open multiple accounts with different settings and on different platforms (MetaTrader 4, MetaTrader 5, cTrader, and so on).
Can I open a corporate account with FxPro?
Yes, the broker does provide corporate accounts. Contact their customer service for assistance in opening a corporate account.
How to Close a FxPro Account
To close a live trading account with FxPro, Vietnamese traders can follow these steps:
- Inform FxPro’s customer support team of your intention to close your account via phone, email, or live chat. They will walk you through the steps and may ask for additional information for verification.
- Close all open positions in your trading account before closing your account. You can close trades manually by selecting them from the ‘Trades’ tab and following the instructions to close the positions.
- After closing your positions, ensure you have withdrawn all funds from your trading account. To do so, open the FxPro App’s Wallet section, tap the “Withdrawal” button, enter the amount you want to withdraw, choose a withdrawal method, and tap “Withdraw.” To complete the transaction, follow any additional instructions the withdrawal process provides.
- Once your positions have been closed and your funds have been withdrawn, contact FxPro’s customer service again to formally request that your account be closed. Before processing your request, they may request additional verification or confirmation.
Are there any fees for closing my FxPro account?
No, there are no specific fees mentioned for closing a account.
Can I close a FxPro account with open positions?
Yes, even with open positions, you can close your account. However, you should manage your positions before closing your account and ensure all trades are closed.
FxPro vs. RoboForex vs. OctaFX – A Comparison
| 🥇 FxPro | 🥈 RoboForex | 🥉OctaFX | |
| ⚖️ Regulation | FCA, CySEC, SCB, FSCA, FSC | IFSC | CySEC, SVG FSA |
| 📱 Trading Platform | MetaTrader 4 MetaTrader 5 cTrader FxPro App | MetaTrader 4 MetaTrader 5 cTrader R StocksTrader R MobileTrader | MetaTrader 4 MetaTrader 5 OctaFX App CopyTrade App |
| 💰 Withdrawal Fee | No | Yes | No |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | USD 100 (recommended amount USD 1000) / 2444503 VND | $10 / 244450 VND | USD 25 / 611125 VND |
| 📊 Leverage | 1:500 | 1:2000 | 1:500 |
| 📊 Spread | From 0.0 pips EUR/USD | from 0.0 pips | 0.6 pips |
| 💰 Commissions | $3.5 per side | $10 per million traded | None |
| ✴️ Margin Call/Stop-Out | 100%/50% | M: 40% – 60% S/O: 10% – 40% | 25%/15% |
| 💻 Order Execution | Market | Market | Market |
| 💳 No-Deposit Bonus | No | Yes | Yes |
| 📊 Cent Accounts | No | No | No |
| 📈 Account Types | Standard Account Pro Account Raw+ Account ECN Account | Prime Account ECN Account R StocksTrader Account ProCent Account Pro Account | OctaFX MT4 OctaFX MT5 |
| ⚖️ SBV Regulation | No | No | No |
| 💳 VND Deposits | No | Yes | No |
| 📊 Vietnamese Dong Account | No | No | No |
| 👥 Customer Service Hours | 24/5 | 24/7 | 24/7 |
| 📊 Retail Investor Accounts | 4 | 5 | 2 |
| ☪️ Islamic Account | Yes | Yes | Yes |
| 📉 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📈 Maximum Trade Size | Unlimited | 500 lots | 500 lots |
| 💰 Minimum Withdrawal Time | 1 business day | Up to 1 working day | 30 minutes |
| 📊 Maximum Estimated Withdrawal Time | 7 business days | Up to 10 working days | 3 hours |
| 💸 Instant Deposits and Instant Withdrawals? | Yes, Deposits | No | No |
Overall Rating
- 4.6/5
Min Deposit
USD 100 (recommended amount USD 1000) / 2444503 VND
Regulators
FCA, CySEC, FSCA, SCB
Trading Desk
MT4
Crypto
Yes
Total Pairs
70
Islamic Account
Yes
Trading Fees
High
Account Activation
24 Hours
FxPro Trading Platforms
Offers Vietnamese traders a choice between these trading platforms:
- MetaTrader 4
- MetaTrader 5
- cTrader
- FxPro App
MetaTrader 4
This third-party platform is widely recognized and popular among traders because of its user-friendly interface, advanced charting capabilities, and various technical indicators and tools.
MT4 is available for desktop, web, and mobile devices, allowing traders to access and trade from anywhere.
MetaTrader 5
Like MT4, MT5 provides advanced charting, a wide range of technical indicators, and an easy-to-use interface. However, MT5 includes additional features such as advanced order types and an economic calendar.
cTrader
The cTrader platform from FxPro is well-known for its advanced trading capabilities, which include Level II pricing, one-click trading, and a customizable interface. It is especially popular among professional traders because it provides a more transparent pricing model.
FxPro App
FxPro Trading Platform, the company’s proprietary trading platform, offers an all-in-one solution for managing accounts, funds, and trading. It has a straightforward user interface, advanced charting, and real-time market news and analysis.
Are there any differences between FxPro’s trading platforms?
Yes, there are some distinctions between trading platforms in terms of features, user interface, and trading instruments available. It is advised to test out the platforms using their demo accounts to determine which one best suits your trading style.
Can I trade on FxPro’s platforms without a live trading account?
Yes, they provide a demo accounts, which allow you to practice trading on their platforms without requiring a live trading account. Demo accounts are an excellent way to become acquainted with the platforms and test your trading strategies.
Trading App
Which Markets Can You Trade with FxPro?
Vietnamese traders can expect the following range of markets:
- Forex
- Futures
- Indices
- Shares
- Metals
- Energies
- Cryptocurrency CFDs
Financial Instruments and Leverage offered
| 🔨 Instrument | 💰 Number of Assets Offered | 📈 Max Leverage Offered |
| ➡️ Forex | 70 | 1:500 |
| ➡️ Futures | 21 | 1:50 – 1:100 |
| ➡️ Indices | 19 | 1:50 – 1:200 |
| ➡️ Shares | 2,000+ | 1:25 |
| ➡️ Metals | 8 | 1:50 – 1:200 |
| ➡️ Energies | 3 | 1:200 |
| ➡️ Cryptocurrency CFDs | 30 | 1:20 |
Broker Comparison for a Range of Markets
| 🥇 FxPro | 🥈 RoboForex | 🥉 OctaFX | |
| ➡️️ Forex | Yes | Yes | Yes |
| ➡️️ Precious Metals | Yes | Yes | Yes |
| ➡️️ ETFs | No | Yes | No |
| ➡️️ CFDs | Yes | Yes | Yes |
| ➡️️ Indices | Yes | Yes | Yes |
| ➡️️ Stocks | Yes | Yes | Yes |
| ➡️️ Cryptocurrency | Yes | No | Yes |
| ➡️️ Options | No | No | No |
| ➡️️ Energies | Yes | Yes | Yes |
| ➡️️ Bonds | No | No | No |
Can I trade equity indices with FxPro?
Yes, you can trade equity indices with FxPro, giving you access to the global stock market.
Are there any limitations on trading certain markets with FxPro?
While FxPro provides a diverse range of markets to trade in, it is critical to double-check the availability of specific instruments in your region and account type, as some might not be available to all clients.
Trading and Non-Trading Fees
Spreads
FxPro receives its trading fees by taking the difference between the asking price and the highest bidder, also known as the spread. Traders collaborating with FxPro should anticipate standardized spread rates for each account type in their operations.
- Standard Account – 1.2 pips EUR/USD
- Pro Account – 0.6 pips EUR/USD
- Raw+ Account – 0.0 pips EUR/USD
- ECN Account – 0.0 pips EUR/USD
Commissions
The spread is often 0 pips for both Raw+ and ECN Accounts. Consequently, traders can benefit from commissions as low as $3.5 per side, contingent upon the chosen financial instrument.
Overnight Fees, Rollovers, or Swaps
Traders who utilize the MetaTrader and cTrader platforms must consider overnight expenses in rollover fees, which will be transparently presented to them.
When buying or selling one currency for another, traders are liable for interest, known as a rollover fee, within the foreign exchange market. This fee is determined by the variance in overnight interest rates between the two currencies involved.
Vietnamese individuals seeking further details on these rates can access information online. It is crucial that Vietnamese traders also possess an understanding of spreads and incorporate them into their trading strategy if they intend to hold positions longer than a day.
Additionally, residents of Vietnam have access to estimating potential financial costs via assistance from the FxPro Swap fee calculator tool
Deposit and Withdrawal Fees
FxPro does not apply deposit or withdrawal fees. However, payment providers might charge processing fees.
Inactivity Fees
There is a possibility that FxPro could impose charges for account inactivity on inactive accounts. These fees usually vary between $5 and $15.
Currency Conversion Fees
Currency conversion fees apply when traders deposit in currencies that differ from the base account currencies.
How are spreads calculated on FxPro?
Spreads are calculated as the difference between a specific instrument’s bid and ask prices, and they can vary depending on market conditions and the instrument’s liquidity.
Can I negotiate the fees with FxPro?
No, the fees are non-negotiable and are applied consistently to all clients to ensure a fair and transparent trading environment.
FxPro Deposits and Withdrawals
FxPro offers Vietnamese traders the following deposit and withdrawal methods:
- Bank Transfers
- Credit/Debit Cards
- Neteller
- PayPal
- Skrill
- UnionPay
Broker Comparison: Deposit and Withdrawals
| 🥇 FxPro | 🥈 RoboForex | 🥉 OctaFX | |
| ⏰ Minimum Withdrawal Time | 1 business day | Up to 1 working day | 30 minutes |
| 💳 Maximum Estimated Withdrawal Time | 7 business days | Up to 10 working days | 3 hours |
| 💰 Instant Deposits and Instant Withdrawals? | Yes, Deposits | No | No |
Deposit Currencies, Deposit and Withdrawal Processing Times
| 💳 Payment Method | 💳 Deposit Processing | 💳 Withdrawal Processing |
| 💰 Bank Transfers | 1 – 3 business days | 3 – 7 business days |
| 💰 Credit/Debit Card | Instant | 1 day |
| 💰 Neteller | Instant | 1 day |
| 💰 PayPal | Instant | 1 day |
| 💰 FairPay | Instant | 1 day |
| 💰 Skrill | Instant | 1 day |
What currencies can I use to fund my FxPro Account?
Your Account can be funded in various currencies, including USD, EUR, GBP, JPY, CHF, PLN, AUD, and ZAR.
Do you charge any fees for deposits or withdrawals?
No, all deposits and withdrawals are processed without any fees.
How to Deposit Funds step by step
To deposit funds to an account with FxPro, Vietnamese traders can follow these steps:
Step 1. Log in to Direct
Using your account credentials (email and password) log in.
Step 2. Click “Deposit”
Open the “Wallet” section on the left side of the screen, then click “Deposit”.
Step 3. Choose Deposit Method
On this page, you can choose the funding method that you’d like to use from the available selection. Keep in mind that all deposits and withdrawals on FxPro have no commissions.
Step 4. Preferred Method
Click on your preferred method and specify the trading account, the currency, and the amount you want to deposit. Click “Proceed” to continue.
Step 5. Enter the payment
Enter the payment details and confirm the payment by clicking “Deposit”.
Step 6. Approved
Once approved, the deposited funds will be added to your FxPro Wallet balance. You can see the details in your Transaction History.
Is there a minimum deposit amount?
Yes, the deposit amount differs for each account type, ranging from $100 to $30,000.
Can I change my FxPro Wallet (Vault) currency?
Yes, you can change the currency of your FxPro Wallet. To do so, contact the FxPro support team, who will guide you through the currency conversion process.
Fund Withdrawal Process
Please follow these simple steps:
Step 1 . Log into the Client Portal.
Log into your trading account with your email address and password.
Step 2. Set up a Bank account at ‘Bank setup
Once logged in, go to the withdrawal section.
Step 3. Click on “Funds” and then “Withdraw”.
Fill out an online withdrawal form through your account. Your withdrawal will be processed within the next 24 business hours.
How do I transfer funds from my FxPro Wallet to my trading account?
Log in to your Direct account, navigate to the ‘Transfer’ or ‘Wallet’ section, and select the trading account to which funds should be transferred.
How can I withdraw via Bank Wire method with FxPro?
Log in to your Direct account, go to ‘Withdraw Funds’ or ‘Wallet,’ and select the Bank Wire option. As proof, you may be asked to provide a bank statement.
Education and Research
Education
Offers the following Educational Materials to Vietnamese traders:
- Online Courses
- Fundamental Analysis Courses
- Technical Indicator Courses
- Trading Psychology
- YouTube Videos on the official channel
Research and Trading Tool Comparison
| 🥇 FxPro | 🥈 RoboForex | 🥉 OctaFX | |
| ➡️ Economic Calendar | Yes | Yes | Yes |
| ➡️ VPS | Yes | Yes | No |
| ➡️ AutoChartist | No | Yes | Yes |
| ➡️ Trading View | Yes | No | No |
| ➡️ Trading Central | Yes | Yes | No |
| ➡️ Market Analysis | Yes | Yes | Yes |
| ➡️ News Feed | Yes | Yes | Yes |
| ➡️ Blog | Yes | Yes | Yes |
Also offers Vietnamese traders the following additional Research and Trading Tools:
- Economic Calendar
- Forex News
- Trading Calculators
- Earnings Calculators
- FxPro Market News
- Technical Analysis through Trading Central
- Trader’s Dashboard
- FxPro Direct App
- FxPro VPS
- Download Centre
Are FxPro’s educational materials suitable for beginners?
Yes, educational materials are intended for traders of all skill levels, including beginners. They provide a solid foundation for learning about financial markets and trading principles.
Can I access FxPro’s educational resources on my mobile device?
Yes, educational resources are available on desktop and mobile devices, allowing traders to learn and stay current while on the go.
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Bonuses and Promotions
FxPro does not offer any bonuses or promotions to Vietnamese traders.
How to open an Affiliate Account
To register an Affiliate Account, Vietnamese traders can follow these steps:
Sep 1. Visit the Website
Visit the website and navigate to the Affiliate section. You can usually find this in the main menu at Promotions.
Step 2. Register
To begin the account opening process, go to the website and fill in details then click the “Register” button.
Step 3. Proceed with Registration
Complete the registration form with the required information by clicking on proceed with registration.
Step 4. Personal Details
Fill in Name, Last Name, Date of Birth and mobile number then click next step.
Step 5.Acceptance of Terms
Read through and tick on agreement and click on confirm
Step 6. Congratulations
You will receive a link that you can proceed with.
What is an affiliate account?
With a affiliate account, you can earn commissions by referring new clients to the broker. You will be provided with a unique tracking link to share with your audience, and you will be compensated for each client who signs up and trades with FxPro.
Can I have multiple affiliate accounts?
Yes, affiliates can have multiple accounts, but each account must be associated with a distinct website or marketing channel. You can apply for separate affiliate accounts if you have multiple websites or marketing channels.
Affiliate Program Features
- Individuals and businesses looking to earn commissions by referring new clients to the broker, a leading Forex and CFD broker, can take advantage of the Affiliate Program, which includes various features and benefits. Here are some of the program’s key features:
- has three primary partnership programs: the Affiliate Program, the Introducing Broker Program, and the Money Manager Program. The most popular option is the Affiliate Program, which allows participants to earn commissions by referring new clients.
- Affiliate Cookie Tracking Period can last up to 60 days. This means that if a user clicks on your affiliate link, you will be credited for the referral even if they sign up and deposit funds 60 days later.
- Under FxPro’s revenue-sharing model, affiliates can earn up to 55% of the company’s revenue for each active trader they refer. This model ensures that affiliates profit from the success of the traders they introduce to the platform.
- Affiliates can access various exclusive marketing materials, such as website banners and widgets, to help them effectively promote FxPro. These materials are intended to entice potential customers and increase conversion rates.
- FxPro is a well-established platform with over 100 awards and $3 million paid out to partners monthly. This demonstrates the company’s dedication to forming long-term, fruitful partnerships.
- Referred clients can select one of five different account types to best suit their trading needs. This adaptability can help the platform attract a broader range of potential clients.
- FxPro offers its affiliates various support services, including Back Office Support, Trading Support, Dealing Support, Marketing Support, and Training Support. This ensures that affiliates have the resources to promote FxPro’s services successfully.
- Affiliates can earn up to $1,100 per client they refer to FxPro, depending on the client’s deposit or First Time Deposit (FTD). The more clients you refer, the more money you can make.
Can I promote FxPro on social media as an affiliate?
Yes, you can promote FxPro as an affiliate on social media. FxPro provides social media marketing materials that you can use to spread the word about their services and attract new customers.
Can I track the performance of my affiliate links and campaigns?
Yes, FxPro offers an extensive tracking system to affiliates, allowing you to monitor the performance of your links and campaigns. You can see how many clicks, registrations, and deposits your links have generated, which will assist you in optimizing your marketing efforts.
Customer Support
| Customer Support | FxPro Customer Support |
| ☎️ Telephone/WhatApp | Yes |
| 🗺️ Website URL | https://www.fxpro.com/ |
| [email protected] | |
| 🎓 Customer Service | Live Chat (24/5, Monday-Friday) |
| 📍 Follow Us | Facebook |
Does FxPro have a self-service support portal?
Yes, has a self-service support portal where you can find answers to frequently asked questions, educational resources, and search their knowledge base. This can be useful for clients who prefer to solve their problems independently.
Can I provide feedback on FxPro’s customer support services?
Yes, welcomes customer feedback on their customer support services. You can contact their support team or fill out their online feedback form for suggestions, concerns, or compliments.
Our Verdict
In conclusion, we believe that FxPro provides a comprehensive and competitive trading experience for both novice and experienced traders. FxPro caters to its clients’ diverse needs by offering a variety of account types, platforms, and trading instruments.
Furthermore, the broker’s strong regulatory framework, including licenses from reputable authorities, provides traders with security and trust.
FxPro’s social trading platform is one of its most notable features, allowing traders to interact with a large community of traders, share insights, and even copy the trades of successful traders. This feature is especially useful for new traders who want to learn from more experienced traders.
Furthermore, FxPro’s VPS service and trading signals provide traders with the tools to improve their trading strategies and, potentially, their overall trading performance.
The broker’s commitment to corporate social responsibility is also admirable, as it actively supports various initiatives to improve people’s quality of life, education, and nutrition.
However, we acknowledge that traders have previously expressed concerns about the broker’s customer service and the potential risks of trading with leverage.
While FxPro has made efforts to address these issues and provide a safe and secure trading environment, traders should carefully consider their investment objectives and experience before engaging in any trading activities.
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Conclusion
Our Review Methodology
For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.
Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements.
Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Customer support is available across channels, including social media | FxPro does not offer live chat via WhatsApp, a feature most brokers have started using |
| FxPro’s customer support is helpful and friendly | Traders cannot contact FxPro 24/7 |
| Traders can easily use the website to contact FxPro via live chat |
Frequently Asked Questions
What trading platforms does FxPro offer?
The broker’s trading platforms include MetaTrader 4, MetaTrader 5, FxPro App, and cTrader.
What is the minimum deposit for FxPro?
The minimum deposit starts from $100 / 2444503 VND.
What is the leverage offered by FxPro?
The broker offers maximum leverage up to 1:500. The leverage you can expect will depend on the financial instrument being traded and other factors.
Does FxPro have Nasdaq 100?
Yes, like most Forex and CFD brokers, they offers Nasdaq.
Is FxPro Safe or a Scam?
The broker is a secure forex and CFD broker regulated by Tier-1, Tier-2, and Tier-3 regulators worldwide.
How can I deposit funds into my FxPro account?
You can deposit funds using various methods, including bank transfers, credit/debit cards, and electronic wallets such as Neteller and Skrill. The deposit procedure is simple and can be completed through the Client Portal.
Is FxPro regulated?
They are regulated by the FCA in the United Kingdom, CySEC in Cyprus, FSCA in South Africa, SCB in the Bahamas, and FSC in Mauritius.
Does FxPro have VIX 75?
The broker does not have VIX.
How long do FxPro deposits take?
The time it takes for your deposit to be credited to your account is determined by your payment method. Bank transfers may take 1-3 business days, whereas credit/debit card and electronic wallet deposits are usually processed immediately.
How long does it take to withdraw from FxPro?
Withdrawals typically take one to several days, depending on your chosen payment method.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.
Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all Vietnamese investors.
Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.
Corporate Social Responsibility
FxPro is committed to corporate social responsibility (CSR) and actively supports various initiatives to improve people’s lives, education, and nutrition.
In addition, FxPro is committed to ethical business practices and has received recognition for its efforts in this area. Here are some highlights from FxPro’s CSR initiatives: