Best Forex Brokers in Vietnam
Scam Forex Brokers in Vietnam
5 Best Forex Trading Platforms in Vietnam
The 5 best Forex trading platforms in Vietnam revealed. We have explored and tested several prominent platforms for forex trading in Vietnam to identify the 5 best.
This is a complete guide to the 5 best Forex trading platforms in Vietnam.
In this in-depth guide you’ll learn:
- What a Forex trading platform is
- The 5 best Forex trading platforms in Vietnam
- The important role of Forex trading platforms in Vietnam
- How to choose a Forex trading platform in Vietnam
- The best Forex brokers in Vietnam
And lots more…
So, if you’re ready to go “all in” with 5 best Forex trading platforms in Vietnam…
Let’s dive right in…
- Lesche Duvenage
Top 10 Forex Brokers
Broker
Rating
Regulators
Min Deposit
Leverage
Website
Top 10 Forex Brokers
Broker
Rating
Min Deposit
Leverage
What is a Forex trading platform in Vietnam?
Forex brokers in Vietnam equip their clients with a trading platform, or software interface, that facilitates transactions in the foreign exchange market. One or more of a web portal, a mobile app, and a standalone downloaded application may serve this purpose.
5 Best Forex Trading Platforms in Vietnam
- MetaTrader 4 from Exness – Overall, Best Forex Trading Platforms in Vietnam
- MetaTrader 5 from XM – Best Trading Platform for Beginner Traders
- AvaSocial from AvaTrade – Best Social Trading
- fxTrade from Oanda – Best Award-winning fxTrade app in Vietnam
- The IG Platform – Top Highly Trusted Platform
1. MetaTrader 4 from Exness
Overview
Exness is marked by an exceptionally high level of reliability and operates under the supervision of multiple credible regulatory agencies, although it is unregulated in Vietnam.
Overall Rating Min Deposit $10 / 244450 VND Regulators CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA Trading Desk MetaTrader 4 and MetaTrader 5 Crypto Yes Total Pairs 107 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Users of Linux, Windows, Android, iOS, and MAC may all access the MetaTrader 4 download on the Exness website. Expert Advisors (EAs), a news feed, and charting tools are only some of the features included in the platform. The Exness MT4 platform provides a large number of features without sacrificing speed or responsiveness.
Exness’ many account types, along with the generous leverage and favorable spreads it offers, have earned it widespread acclaim. Traders can quickly have access to their funds and leverage by using electronic payment methods.
Unique Features
| Feature | Information |
| ⚖️ Regulation | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA |
| ⚖️ SBV Regulation | No |
| ✔️Trading Accounts | Standard Account Standard Cent Account Raw Spread Account Zero Account Pro Account |
| 💳 Minimum deposit (VND) | $10 / 244450 VND |
| 📈 Trading Platforms | MetaTrader 4 MetaTrader 5 Exness Terminal Exness Trader app |
| 📈 Trading Assets | Forex Metals Crypto Energies Indices Stocks |
| 👥 Social Media Platforms | Instagram YouTube |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Exness offers complimentary hosting services for virtual private servers (VPS). | Novice traders have a scarcity of teaching resources. |
| Furthermore, Exness is subjected to rigorous regulation by multiple recognised organisations. | The range of trading instruments offered by the broker is rather restricted in comparison to its competitors. |
| Exness provides leverage rates that are competitive within the currency market. | |
| In addition, Exness offers customer service support that is available 24 hours a day. This guarantees the continuous accessibility of support for traders in Vietnam. |
2. MetaTrader 5 from XM
Overview
The XM MT5 is one of the best multi-asset platforms since it has all the innovative features of the XM MT4 and also includes 1,000 CFDs on equities (Shares).
There are no rejections or requotes when trading Forex or CFDs on stocks, cryptocurrencies, gold, oil, or equity indices, and leverage can reach 1000:1.
Overall Rating
- 4.8/5
Min Deposit
USD 5 / 122225 VND
Regulators
IFSC, CySec, ASIC, FCA
Trading Desk
Desktop MT4 and MT5, Mobile MT4 and MT5, XM mobile app, Web platform
Crypto
Yes
Total Pairs
57
Islamic Account
Yes
Trading Fees
No (Just spread)
Account Activation
24 Hours
MetaTrader 5, or MT5, is an online trading platform that succeeded the popular MetaTrader 4 (MT4). MetaQuotes Software Corp. created MT5 and released the first beta version in 2010. MT5 is the next generation of trading platforms, having benefited from years of development, testing, and upgrades by MetaQuotes.
Compared to its predecessor, MT5’s primary benefit is its ability to provide traders with access to a wider variety of instruments across a wider range of asset classes, each of which may be customized independently yet traded using the same interface and account.
Unique Features
| Feature | Information |
| ⚖️ Regulation | FSCA, IFSC, ASIC, CySEC, DFSA |
| ⚖️ SBV Regulation | No |
| ✔️Trading Accounts | Standard Account Live Account, Base Account, Demo Account, Islamic Account |
| 💳 Minimum deposit (VND) | USD 5 / 122225 VND |
| 📈 Trading Platforms | MetaTrader 4 MetaTrader 5 |
| 📈 Trading Assets | Forex Precious Metals Stock CFDs Indices Individual Shares Cryptocurrency Energies Commodities |
| 👥 Social Media Platforms | Facebook YouTube |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| XM is a reputable online brokerage firm that boasts a substantial membership base of over 5 million individuals. The company has garnered a well-established reputation for conducting its operations inside a resilient regulatory framework. | Clients situated in the United States, Canada, Israel, and Iran are not accepted by XM |
| Investors might find solace in the fact that the platform prioritises safety and implements measures to protect customer assets. | XM does not provide accounts with fixed spreads. |
| Negative balance protection provides a safeguard for investors in retail accounts by mitigating the potential financial losses resulting from market swings. | Retail investor accounts may incur a fee for inactivity. |
| Vietnamese traders have the ability to choose from a variety of account settings and trading interfaces that have been specifically created to cater to the distinct needs of the consumers. | |
| Since its establishment in 2009, XM has garnered several significant accolades, hence substantiating its value within the industry as a whole. | |
| In order to enhance the customer experience, XM has implemented a policy of not imposing any charges for depositing or withdrawing funds. |
3. AvaSocial from AvaTrade
Overview
When it comes to social trading platforms, AvaSocial is the gold standard. The AvaSocial app allows you to track and copy the moves of successful traders in real time. Traders in Vietnam can make use of the knowledge of others, consult with guides or peers, and develop potent new approaches.
The social trading app reduces the time required to become proficient. The app provides copy trading, a process in which novices can locate mentors from whom they can learn and even “copy” transactions.
Overall Rating
- 4.9/5
Min Deposit
USD 100 / 2444503 VND
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, ISA
Trading Desk
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
You can improve your own portfolio’s results by studying those of successful investors. There is also social sharing of crucial trading data, as well as real-time trading alerts and updates.
Traders on AvaSocial can talk to one another about their experiences, both good and bad. One further perk is that you can trade in dozens of marketplaces offering a vast selection of currencies, cryptos, commodities, indexes, and stocks.
Unique Features
| Feature | Information |
| ⚖️ Regulation | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA |
| ⚖️ SBV Regulation | No |
| ✔️Trading Accounts | Retail Account, Professional Account |
| 💳 Minimum deposit (VND) | 2444503 VND or $100 |
| 📈 Trading Platforms | AvaTradeGO AvaOptions AvaSocial MetaTrader 4 MetaTrader 5 DupliTrade ZuluTrade |
| 📈 Trading Assets | Forex Precious Metals Stock CFDs Indices Individual Shares Cryptocurrency Energies Commodities |
| 👥 Social Media Platforms | Instagram YouTube |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| AvaTrade offers a comprehensive selection of more than 1,250 trading instruments across various financial markets. | AvaTrade does not offer variable spreads |
| The company has demonstrated its adherence to regulatory standards in several jurisdictions. | There are only two account options available for selection: a retail account and a business account. |
| Sophisticated investors have access to a diverse range of potent trading tools. | A monthly fee is assessed for accounts that are not active. |
| AvaTrade gives Vietnamese traders competitive trading conditions, as well as the option to open an Islamic account and a demo account for the purpose of familiarising themselves with the platform before to engaging in real money trading. | There could be charges related to the process of converting currencies. |
| Since its establishment, AvaTrade has been the recipient of multiple accolades, thereby garnering the admiration and endorsement of its clientele. | There could be charges related to the process of converting currencies. |
| AvaTrade offer a wide array of social trading choices and trading tactics that are accessible to traders in Vietnam. |
4. fxTrade from Oanda
Overview
OANDA’s major user interface, fxTrade, is well-made and gives Vietnamese traders access to a wide variety of instruments, advanced order types, and data analytics.
Both TradingView’s advanced charts and Oanda’s own bespoke charts are included in the desktop edition.
Overall Rating
- 4.9/5
Min Deposit
USD 0
Regulators
ASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA
Trading Desk
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Crypto
Yes
Total Pairs
45
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Traders in Vietnam can use OANDA’s research tools, such as MarketPulse and Autochartist technical analysis, straight from the platform, however doing so will bring up those tools in a new tab or window in their web browser.
fxTrade is an outstanding trading platform because of the wealth of useful tools and information it provides, such as Dow Jones FX Select news and a variety of calculators.
Unique Features
| Feature | Information |
| ⚖️ Regulation | FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA |
| ⚖️ SBV Regulation | No |
| ✔️Trading Accounts | Standard Account Core Account Swap-Free Account Demo Account |
| 💳 Minimum deposit (VND) | There is no specific minimum deposit required |
| 📈 Trading Platforms | MetaTrader 4 OANDA Platform TradingView |
| 📈 Trading Assets | Index CFDs Forex Metals Commodity CFDs Bonds CFDs Precious Metals Real-time Rates |
| 👥 Social Media Platforms | Facebook YouTube |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| OANDA must comply with regulations in a variety of jurisdictions. | Vietnamese traders cannot open VND-denominated accounts. |
| Several types of OANDA accounts are available. | Inactivity fees are imposing |
| Minimum deposits are not required. | |
| Spreads are reasonable | |
| Reliable deposit methods | |
| Trading tutorials for novices. | |
| Oanda offers a variety of customizable and cutting-edge trading tools. |
5. The IG Platform
Overview
Shares, spread bets, and contracts for difference can all be traded through IG’s online trading platform. Activities such as monitoring, card registration, payment processing, fund withdrawal, and others may be performed on the user’s account.
In addition, the IG platform comes equipped with several research tools that can be accessed directly from a web browser. These resources include signals, an economic calendar, and the most recent news stories.
Overall Rating
- 4.8/5
Min Deposit
USD 0 / 0 VND
Regulators
IGRs
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
80
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Traders of all experience levels in Vietnam will find IG to be a good fit. More than 17,000 individual products are available for trade on IG’s platform.
It is also well-known for its safe trading platform, which is among the best in the industry. Traders will find the platform more enticing because of the variety of accounts it provides and the low spreads it gives.
If you’re interested in learning more about or getting started with Contract for Difference (CFD) trading, IG is a great resource for you. Because of its stellar reputation as a broker on a global scale, it provides access to the best possible trading settings.
Unique Features
| Feature | Information |
| ⚖️ Regulation | FCA, BaFin CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA |
| ⚖️ SBV Regulation | No |
| ✔️Trading Accounts | IG Trading Account Limited Risk Account Islamic Account (Dubai traders only) Demo Account |
| 💳 Minimum deposit (VND) | USD 0 / 0 VND |
| 📈 Trading Platforms | MetaTrader 4 IG Platform ProRealTime (PRT) L2 Dealer FIX API |
| 📈 Trading Assets | Forex Indices Shares Commodities Cryptocurrencies Futures Options |
| 👥 Social Media Platforms | LinkedIn YouTube |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Traders from Vietnam who join IG have access to a wide range of trading tools and strategies. | Deposits are not free of charge. |
| Those of the Muslim faith can open Islamic accounts. | The Islamic account is open only to Dubai’s Forex traders |
| New traders are welcome to enroll at the IG Academy. | Withdrawals and deposits can only be made through a limited number of payment methods. |
| IG is a multi-jurisdictional online broker that provides its clients with access to a wide range of financial products. | Because the broker does not take VND, Vietnamese traders who make deposits in VND are charged a conversion fee. |
| IG has received one of the highest levels of trust in the country of Vietnam. |
Understanding the important role of Forex trading platforms
Forex trading platforms equip investors with the technological infrastructure necessary to place and execute trades in the FX market.
Forex brokers provide their customers with access to these kinds of platforms. Some forex brokers offer their own proprietary trading platforms for processing orders and doing research, while the majority of brokers give clients access to orders using standardized trading and research software.
There is a wide selection of forex trading platforms available from various brokers for use by both retail and institutional traders.
Currency traders conducted through institutional trading channels may also be conducted via bespoke systems developed by banks and brokers for their own internal requirements.
There are a number of platforms that offer forex charting tools, which may be utilized in conjunction with other technologies like predictive forecasting software and online trading to get an advantage in the forex markets.
A trader’s individual needs and level of expertise will go a long way towards determining what charting software is appropriate for them. Their preferences for technical analysis, the amount or duration of their trades, and the charting tools they choose should all be taken into account.
Experienced traders will make sure that the pricing and other data their charting solutions use are obtained from reliable and up-to-date sources.
Retail foreign exchange dealers have certain requirements they look for in a trading platform. When picking between a web-based and a downloadable solution, traders prioritize the solution’s ease of installation and use. For example, traders may have the option of using a platform provided by their brokerage or by a third-party operator.
How to choose the best Forex trading platform in Vietnam
Vietnamese traders must evaluate the following components of a Forex trading platform to decide whether the broker is suited to their unique trading objectives and/or needs.
Regulations and Licenses
This is the first important component that traders must thoroughly evaluate. Reputable brokers are regulated by market regulators such as FCA, ASIC, CySEC, FSCA, and others. Vietnamese traders must beware when dealing with brokers that only have offshore regulations such as FSA, SVG BVI, FSC, and others.
Account Features
Account Features include leverage trading and margin requirement, commissions and spreads, initial deposit, additional features on retail investor accounts, and so on.
Deposits and Withdrawals
Vietnamese traders must evaluate the payment options available, the processing times on withdrawal requests, deposit currencies offered, the withdrawal fee, deposit fees, and minimum withdrawal limits among other trading and non-trading fees.
Range of Markets
The range of markets offered refers to the number and range of tradable instruments that the broker offers. Vietnamese traders must consider what they wish to trade and what is available.
Customer Support
Customer Support is another crucial factor and Vietnamese traders must check the availability of support (trading hours), the quality of support, and the promptness with which the customer support team responds to queries.
Trading Platform
A trading platform is the Vietnamese trader’s portal to the financial markets. Traders must ensure that the trading platform has the necessary technical indicators, fundamental analysis, technical analysis, economic calendar, charting, newsfeed, and other tools they may need.
Education and Research
Education and Research come in handy to both novice traders and experienced investors. Education includes some of the following:
- eBooks
- Trading guides
- Trading knowledge on leveraged products
- A risk warning on complex instruments
- Educational videos
Research can include some of the following:
- Trading tools
- Commentary
- Status of International Markets
- Price movements
- Market sentiments
- Whether there is a volatile market
- Exchange Rates
- Expert opinions and several other resources can help experienced traders make informed trading decisions.
The Best Forex Brokers in Vietnam
In this article, we have listed the best brokers that offer Forex trading platforms to Vietnamese traders. We have further identified the brokers that offer additional services and solutions to Vietnamese traders.
Best MetaTrader 4 / MT4 Forex Broker
Overall Rating
- 4.7/5
Min Deposit
USD 5 / 122225 VND
Regulators
FSC
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
48
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall, Alpari is the best MT4 Forex broker in Vietnam. Alpari, being recognized as a reliable market maker, is often regarded as a secure choice for investors. Alpari ensures that its trading operations are executed within a time frame of less than one millisecond. Currently, Alpari boasts a user base over 2 million registered individuals.
Best MetaTrader 5 / MT5 Forex Broker
Overall Rating
- 4.9/5
Min Deposit
USD 100 / 2444503 VND
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, ISA
Trading Desk
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall, AvaTrade is the best MT5 Forex broker in Vietnam. AvaTrade is widely recognized in the field of CFD and FX trading for its exceptional reputation as a reliable and reputable broker. AvaTrade segregates customer funds into distinct accounts held with reputable financial institutions in relevant jurisdictions.
Best Forex Broker for beginners
Overall Rating
- 4.8/5
Min Deposit
USD 10 / 244450 VND
Regulators
CySec, FCA
Trading Desk
No Trading Desk
Crypto
Yes
Total Pairs
47
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall, eToro is the best Forex broker for beginners in Vietnam. The eToro Academy, the eToro Plus paid membership programmed, and eToro’s simulated trading accounts represent a selection of educational resources accessible to users.
Best Low Minimum Deposit Forex Broker
Overall Rating
- 4.9/5
Min Deposit
USD 0
Regulators
ASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA
Trading Desk
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Crypto
Yes
Total Pairs
45
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall, Oanda is the best low minimum deposit Forex broker for traders in Vietnam. Currency traders of all experience levels can benefit from Oanda’s cutting-edge trading platform.
Best ECN Forex Broker
Overall Rating
- 4.8/5
Min Deposit
USD 5 / 122225 VND
Regulators
IFSC, CySec, ASIC, FCA
Trading Desk
Desktop MT4 and MT5, Mobile MT4 and MT5, XM mobile app, Web platform
Crypto
Yes
Total Pairs
57
Islamic Account
Yes
Trading Fees
No (Just spread)
Account Activation
24 Hours
Overall, XM is the best ECN forex broker in Vietnam. XM priorities several key factors, namely safety, customer service, financial aspects, and pricing.
Best Islamic / Swap-Free Forex Broker
Overall Rating
- 4.7/5
Min Deposit
USD 100 / 2444503 VND
Regulators
CySEC, FCA, FSA, FSCA, Labuan FSA
Trading Desk
Meta Trader 4
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall, Tickmill is the best Islamic / Swap-Free forex broker in Vietnam. Tickmill is a brokerage firm that is widely regarded for its integrity and reliability. This brokerage firm is well-suited for a diverse range of traders due to its versatile account options, competitive spreads, and cost-effective pricing. Tickmill is currently accessible in a diverse range of languages and has obtained authorization for usage in multiple jurisdictions.
Best Forex Trading App
Overall Rating
- 4.9/5
Min Deposit
$10 / 244450 VND
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Desk
MetaTrader 4 and MetaTrader 5
Crypto
Yes
Total Pairs
107
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall, Exness offers the best trading app for traders in Vietnam. The Exness Trader app offers a wide range of beneficial features and functionalities for Vietnamese merchants. Candlestick charts, technical indicators, and quantitative calculators are essential tools that contribute to the establishment of a robust framework for achieving success in trading.
Best Forex Rebates Broker
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
Overall, FxPro is the Best Forex Rebates Broker in Vietnam. FxPro is a financial intermediary that offers Straight Through Processing (STP) and Electronic Communication Network (ECN) services to its clientele.
In the realm of the foreign currency market, retail traders can receive cashback returns in the form of rebates, which can reach a maximum of 30 percent every month.
Best Lowest Spread Forex Broker
Overall Rating
- 4.9/5
Min Deposit
0 USD / 0 VND
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Trading Desk
MetaTrader 4, MetaTrader 5, cTrader and TradeView
Crypto
Yes
Total Pairs
60+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall, Pepperstone is the best lowest spread forex broker in Vietnam. The spreads offered by Pepperstone for trading the currency pair of the US dollar against the euro range from zero to 33 basis points. Pepperstone Markets is widely regarded as a prominent brokerage firm in the industry due to its long track record of achievements.
Best Nasdaq 100 Forex Broker
Overall Rating
- 4.8/5
Min Deposit
USD 0 / 0 VND
Regulators
IGRs
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
80
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall, IG is the best Nasdaq 100 forex broker in Vietnam. IG has emerged as a key contender among Vietnam’s top 20 platforms due to its state-of-the-art trading tools, extensive range of goods, and favorable market circumstances. IG is a prominent online brokerage firm that operates in the Vietnamese market. IG distinguishes itself by adhering to a multitude of regulations and offering a wide range of investment options.
Best Volatility 75 / VIX 75 Forex Broker
Overall Rating
- 4.7/5
Min Deposit
USD 200 / 4889007 VND
Regulators
ASIC, CySEC, FSA, SCB
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall, IC Markets is the best Volatility 75 / VIX 75 forex broker in Vietnam. IC Markets is perceived as a reputable company within its industry due to the numerous governmental approvals it has obtained. Vietnamese traders are now able to engage in transactions across global financial markets, thanks to the utilization of IC Markets’ advanced trading technologies.
Best NDD Forex Broker
Overall Rating
- 4.7/5
Min Deposit
USD 10 / 244450 VND
Regulators
FSC, FSA, FSCA
Trading Desk
MetaTrader 4
MetaTrader 5
Crypto
Yes
Total Pairs
83
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall, BDSwiss is the best NDD forex broker in Vietnam. BDSwiss has positioned itself as a prominent global provider and broker of CFD/forex services, boasting a substantial network of over 16,000 affiliate accounts and facilitating monthly FX trading operations amounting to €20 billion.
Best STP Forex Broker
Overall Rating
- 4.6/5
Min Deposit
USD 25 / 611125 VND
Regulators
FCA UK
Trading Desk
None
Crypto
Yes
Total Pairs
28
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall, OctaFX is the best STP forex broker in Vietnam. OctaFX has been the recipient of more than 28 prestigious awards. The implementation of Straight Through Processing (STP) and Electronic Communication Network (ECN) techniques has resulted in a reduction of trading costs by around 33% for OctaFX.
Best Sign-up Bonus Broker
Overall Rating
- 4.8/5
Min Deposit
USD 0 / 0 VND
Regulators
FSCA, CySEC, DFSA, FSA, CMA
Trading Desk
MT4, MT5, HFM Platform (Android & IOS)
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall, HFM is the best sign-up bonus broker in Vietnam. The trading platform offered by HFM is widely recognized and valued for its competitive pricing and robust quality requirements. The HFM website offers a diverse range of account options and asset markets, catering to individuals with varying levels of proficiency in foreign currency trading.
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Conclusion
Overall, traders in Vietnam should only use a platform provided by a licensed Forex broker. A dependable trading platform with a straightforward UI and cutting-edge trading tools is what investors should be on the lookout for.
Frequently Asked Questions
What tools do traders use?
A brokerage account, a stock market simulator, a charting platform, a news source, a stock screener, a trade notebook, a trading e-course, a mobile charting app, and some technical indicators are among the tools available to day traders.
What is a Forex forecast tool?
Forex forecasting software is computer-based technical analysis software designed specifically for currency markets. The idea is to discover trade entry and exit opportunities by automating the recognition of technical indicators or chart patterns across a variety of currency pairs.
What are the MetaTrader analysis tools?
The MT4 trading platform has a plethora of technical analysis tools, such as Fibonacci and Gann-based tools, as well as widely used indicators and oscillators such as MACD, RSI, Stochastic Oscillator, Moving Averages, and others.
What strategy do traders use?
A trading strategy is a set of rules that sets the specific parameters that a trader must follow in order to execute a deal. The guidelines might involve chart pattern analysis, price action patterns, technical indicators, and fundamental analysis. Day trading, swing trading, and seasonal trading are all popular trading methods.
What is the secret to successful trading?
You can improve your chances of success by formulating a trading plan, focusing on risk management and position sizing, keeping a trading notebook, employing technical analysis, having realistic expectations, and remaining disciplined. Remember that trading is a journey that takes time and effort to master.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the financial markets are volatile that could shift and change at any given time, even if the information supplied is correct at the time of going live.
