At Asia Forex Mentor, we've been helping traders for years, and we know how tough it can be to pick the right forex broker—especially in a rapidly growing market like Vietnam. Whether you're just starting to trade forex or you're an experienced trader looking for the best tools, finding a secure trading environment is key. That’s why we've put together this guide on the best forex brokers in Vietnam for 2025, highlighting the top choices for both beginners and professional traders. These brokers offer competitive spreads, advanced trading platforms, and excellent support for Vietnamese forex traders.
In 2025, forex trading is more accessible than ever in Vietnam, but it's essential to know which brokers are reliable, trustworthy, and regulated. With the foreign exchange market continuing to grow, the best forex brokers offer local support, low fees, and user-friendly trading accounts. Whether you're focusing on long-term trading strategies or aiming for short-term forex trading profits, our list covers brokers that provide the best overall experience, from top-tier trading tools to flexible trading platforms.
Overview of Forex Trading in Vietnam
Forex trading in Vietnam has really taken off in recent years. With more people becoming interested in trading, it's no surprise that the foreign exchange market has become so popular. As internet access has expanded, and more educational resources have become available, it's gotten easier for everyday people to get started. Add to that the fact that trading platforms are becoming more user-friendly, and you’ve got a recipe for rapid growth. Vietnamese forex traders are now using everything from mobile apps to advanced trading tools to jump into the market.
On the regulatory side, things are a bit tricky. While forex trading is allowed, it’s not fully regulated within Vietnam itself. Many traders rely on international brokers to access the market, which makes it important to choose a broker that is licensed by well-known authorities, like the UK’s FCA or Cyprus’s CySEC. These regulations ensure that traders are operating in a secure trading environment and help protect their funds. As more people start trading, understanding these rules becomes even more important.
What’s driving all this interest in trading forex? Well, one reason is the potential to make money outside of traditional investments. People are attracted by the flexibility—being able to trade at any time from anywhere is a big perk. Plus, with low entry barriers and access to advanced trading platforms, even new traders are getting involved. Many also see forex trading as a way to build a side income or diversify their investments, which has only increased its popularity in Vietnam.
Criteria for Choosing the Best Forex Broker in Vietnam
When it comes to choosing the best forex broker in Vietnam, it’s important to think about a few key things that can make or break your trading experience. Whether you're just starting out or already have a trading account, picking the right broker means finding one that suits your needs while keeping your trading costs low. Let's look at what to consider when comparing online forex brokers.
- Regulation and Security: Make sure to choose a regulated broker, preferably one overseen by well-known authorities like the FCA or CySEC. This will protect your funds and ensure a safe trading environment.
- Trading Platforms: Look for brokers offering MetaTrader 4, MetaTrader 5, or easy-to-use mobile trading apps. These platforms are user-friendly and offer features for both basic and advanced trading strategies.
- Low Spreads and Fees: To keep your costs down, choose a broker with low spreads, minimal fees, and reasonable commissions. This is especially important if you trade frequently.
- Customer Service: Make sure the broker offers good support, particularly in Vietnamese. Quick, reliable help can save you from frustrating situations.
- Demo Accounts: If you're new to vietnam forex trading, check if the broker provides a demo account so you can practice before using real money.
The 10 Best Forex Brokers in Vietnam
#1. AvaTrade: Best Overall for Traders in Vietnam
What is AvaTrade?
AvaTrade is a globally recognized forex broker, known for offering a comprehensive range of features tailored to both beginners and experienced traders. AvaTrade provides access to over 50 currency pairs and allows users to trade through advanced platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary AvaTradeGO app. Additionally, it offers various tools such as AvaProtect, which helps mitigate risks on open trades. AvaTrade stands out in Vietnam due to its regulatory oversight from reputable bodies like ASIC and the Central Bank of Ireland, ensuring a secure trading environment and strong customer support.
Advantages and Disadvantages of AvaTrade
Regulated by multiple financial authoritiesAvaTrade Commissions and Fees
In terms of fees and commissions, AvaTrade maintains a competitive edge in Vietnam by offering commission-free trading on most accounts, while spreads start as low as 0.9 pips for major forex pairs. There are no deposit or withdrawal fees, which adds to its appeal for traders looking to keep their costs low. However, there is an inactivity fee of $50 if the account remains idle for three consecutive months.
OPEN AN ACCOUNT NOW WITH AVATRADE AND GET YOUR WELCOME BONUS
#2. Exness
What is Exness?
Exness is a well-regarded broker in Vietnam, offering a diverse range of features for both new and experienced traders. It provides access to over 95 forex pairs and supports popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Exness is known for its user-friendly interface, making it easy for traders to manage their positions through both mobile and desktop applications. With strong regulatory oversight from entities like FCA and CySEC, Exness provides a safe and reliable environment for trading. Its availability of high leverage options and fast execution speeds make it a preferred choice among Vietnamese traders.
Advantages and Disadvantages of Exness
Advantages
DisadvantageExness Commissions and Fees
Exness offers competitive pricing. Standard accounts are commission-free with spreads starting from 0.3 pips, while Raw Spread and Zero accounts offer tighter spreads with a commission as low as $3.5 per lot. This flexibility in pricing allows traders to choose an account type that fits their trading style, whether they prioritize low spreads or prefer commission-free trading.
OPEN AN ACCOUNT NOW WITH EXNESS AND GET YOUR WELCOME BONUS
#3. RoboForex
What is RoboForex?
RoboForex is a popular forex broker offering over 12,000 trading instruments, making it a solid choice for traders in Vietnam. It supports multiple trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and R StocksTrader, giving users a variety of tools to suit their needs. RoboForex is regulated by the IFSC, and provides a range of account types tailored to different levels of trading experience. With features like CopyFX for social trading and high leverage options (up to 1:2000), RoboForex is a versatile broker, ideal for traders looking for diverse trading options and competitive conditions.
Advantages and Disadvantages of RoboForex
RoboForex Commissions and Fees
Regarding fees, RoboForex offers various account types with differing fee structures. Standard accounts have spreads starting from 1.3 pips and are commission-free, while ECN accounts offer tighter spreads starting from 0.0 pips but charge a commission of $2-3 per lot. The Prime account is designed for advanced traders, with very tight spreads and low commissions. RoboForex also charges no deposit fees, although withdrawal fees may apply depending on the method.
OPEN AN ACCOUNT NOW WITH ROBOFOREX AND GET YOUR WELCOME BONUS
#4. Pepperstone
What is Pepperstone?
Pepperstone is a highly regarded forex and CFD broker known for its reliability and strong offerings for traders in Vietnam. With access to over 60 currency pairs, Pepperstone allows traders to use top-tier platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, making it a great choice for both beginners and experienced traders. The broker is regulated by authorities like ASIC and FCA, ensuring a secure trading environment. Pepperstone also offers low-latency execution, which is beneficial for those who rely on fast trades, such as scalpers.
Advantages and Disadvantages of Pepperstone
Pepperstone Commissions and Fees
In terms of fees and commissions, Pepperstone provides a competitive fee structure. For the Standard account, traders enjoy commission-free trading, with spreads starting from 1.0 pips. However, if you opt for the Razor account, which is tailored for more advanced traders, spreads start from 0.0 pips, with a commission of around $3.50 per lot per side. Additionally, there are no deposit or withdrawal fees, making it an affordable option for active traders who need to keep costs down.
OPEN AN ACCOUNT NOW WITH PEPPERSTONE AND GET YOUR WELCOME BONUS
#5. XM
What is XM?
XM is a well-established global broker offering over 1,400 tradable instruments across forex, stocks, commodities and indices, with support for both the MetaTrader 4 and MetaTrader 5 platforms. The broker boasts a low minimum deposit, high leverage (up to 1 : 1000 where permitted) and provides robust trading features including fast execution and copy-trading tools. From a regulation standpoint, XM is multi-regulated—licensed by authorities such as CySEC, FSC, FSA, DFSA, FSC, and FSCA. For traders in Vietnam, XM stands out as one of the best brokers available because it accepts Vietnamese clients, delivers competitive trading conditions and operates under solid regulatory credentials, offering both flexibility and security.
Advantages and Disadvantages of XM
XM Commissions and Fees
XM charges no per-lot trading commission on its Micro and Standard accounts, meaning all trading costs are incorporated into the spread, which for the Standard account starts at around 1.6 pips on major currency pairs. Traders holding positions overnight may incur swap/rollover fees, and an inactivity fee typically applies if the account remains inactive for 90 days or more.
OPEN AN ACCOUNT NOW WITH XM AND GET YOUR WELCOME BONUS
| Rank | Broker | Description |
| 6 | Fusion Markets | Fusion Markets is consistently ranked as the very best low-cost forex broker for Vietnamese traders in 2025. The firm boasts one of the lowest commissions in the sector, just $2.25 per lot per trade, and offers direct access to MetaTrader 4 and MetaTrader 5. It sets itself apart with a $0 minimum deposit, making it highly accessible for all traders, including those starting out. Fusion Markets covers a wide range of forex pairs and CFDs, and supports Vietnamese-language customer service. The broker’s easy online account opening and rapid withdrawals are major positives, while their transparent fee structure and regulatory compliance with ASIC provide added security. Their educational section is robust, which is valuable for beginner traders, and execution is fast, supporting scalping and algorithmic trading. The lack of localized SBV regulation is a drawback, but for international standards, Fusion Markets offers quality, affordability, and flexibility that appeal broadly to Vietnamese users. |
| 7 | Global Prime | Global Prime is highly regarded in Vietnam for its low forex fees and its focus on transparency. The broker charges $3.50 per lot commission and offers accounts with no minimum deposit. Regulated in Australia, Global Prime gives clear trade receipts (trade receipts) so users always know how their trades are executed, an unusually transparent approach in retail forex. It provides access to MT4, MT5, and cTrader platforms as well as VND deposit options. The customer service is available by live chat and email, and account opening is fully digital and speedy. Free deposits and withdrawals and a user-friendly dashboard make this broker accessible. Advanced traders appreciate the support for algorithmic strategies and risk management tools. The only limitation is the lack of local SBV regulation, but it remains ideal for Vietnamese traders keen on international protection and honest order execution. |
| 8 | Vantage | Vantage is popular among Vietnamese traders for its quick account opening, flexible leverage, and no inactivity fee. Its minimum deposit is low (often starting at $50), and users have many options for deposits and withdrawals, including e-wallets and local bank transfers. Regulated by ASIC and FCA, Vantage delivers a safe experience with additional negative balance and fund protection. The broker stands out for its educational resources and accessibility to platforms like MT4, MT5, and TradingView. Vietnamese traders benefit from support in their language and can tailor leverage levels as they wish (up to 1:500). Vantage does not charge inactivity fees and has a reputation for efficient customer service as well as fast trade execution, a vital feature for day traders and scalpers. While research tools are decent, they may not match more premium brokers, but flexibility, cost efficiency, and secure trading make Vantage a strong contender for the Vietnam market. |
| 9 | GO Markets | GO Markets earns high marks for accessibility and cost-effectiveness among Vietnam’s forex traders. It features tight spreads with only €2 commission per lot and a $0 minimum deposit. GO Markets is regulated by ASIC and FSC, ensuring global-standard safety. The platform offerings include MT4 and MT5, and customer support is available in Vietnamese as well. GO Markets is praised for its comprehensive education, demo accounts, and excellent tools for technical analysis. Account setup is seamless and deposits/withdrawals are quick and fee-free, which is a significant advantage for active Vietnamese traders. There’s a good selection of currency pairs and CFD instruments. Less active traders may not use all its advanced features, but GO Markets remains a top choice for serious Vietnamese forex participants looking for competitively-priced, secure, and well-supported trading. |
| 10 | Trade Nation | Trade Nation is recognized for its no-commission structure and straightforward trading conditions, a welcome feature for Vietnamese users who seek clarity and predictability. It offers a $0 minimum deposit, simplifying access for all clients. The broker’s regulation in multiple developed markets gives traders confidence in fund safety, even though it doesn’t have SBV licensing. Trade Nation provides its own easy-to-use web and mobile platforms, as well as educational content tailored for emerging markets. Customer support is rapid and available in Vietnamese, while deposits and withdrawals are always free. Traders looking to avoid hidden costs and seeking transparency appreciate Trade Nation’s pricing, order execution, and risk management tools. Research resources are solid but less extensive than industry giants, yet overall, Trade Nation makes an ideal starting point for Vietnam’s new and experienced forex traders looking for a reliable, affordable, and easy-to-use trading partner. |
How to Get Started with a Forex Broker in Vietnam
Getting started with forex trading in Vietnam can be straightforward, especially if you follow the right steps. Whether you're a beginner or someone switching brokers, here's a guide to help you get set up and start trading.
Step 1: Choose a Trusted Forex Broker
First, you'll want to choose a reliable broker. Look for one that’s regulated by reputable bodies like CySEC or FCA, offers competitive spreads, and has a platform you’re comfortable with, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5). Brokers that provide a demo account are also ideal, as you can practice before risking real money.
Step 2: Register for an Account
Once you've selected your broker, the next step is to create a trading account. Visit the broker’s website and fill out the registration form. You’ll need to provide some personal information like your name, email, and country. After that, you’ll need to verify your identity by uploading documents such as your ID or passport.
Step 3: Make Your First Deposit
With your account verified, you can make your first deposit. Most brokers in Vietnam offer various payment methods, including bank transfers, e-wallets, and credit/debit cards. Make sure to check if there are any fees associated with deposits or withdrawals, and ensure that your preferred method is available.
Step 4: Download the Trading Platform
Once your account is funded, it’s time to download your trading platform. Whether you prefer MT4, MT5, or a mobile app, make sure it fits your trading style. Spend a bit of time getting familiar with the interface and any available tools, such as charting tools or trading signals.
Step 5: Start Trading with a Demo Account (Optional)
If you're new, it’s always smart to start with a demo account. This lets you practice in real market conditions without risking your capital. Test different trading strategies and learn how to place orders. It's a great way to build your confidence before going live.
Step 6: Start Live Trading
Once you're comfortable with the platform, you’re ready to start live trading. Begin with small amounts and only invest what you can afford to lose. It’s important to monitor your trades and keep track of the market to maximize your chances of making profits.
Conclusion
In conclusion, choosing the best forex broker in Vietnam really comes down to your personal needs as a trader. Whether you're looking for low spreads, a user-friendly platform, or excellent customer support, the options on this list can cover those needs. Brokers like IC Markets and Exness are known for their competitive pricing and fast execution, while Pepperstone offers solid platform choices like MT4 and cTrader. If you're just starting out, brokers like FXTM provide educational tools and demo accounts to help you get comfortable with trading. Whichever broker you choose, make sure it aligns with your goals and offers a secure trading environment to help you succeed.
Also Read: The 5 Best Forex Brokers in Malaysia in 2025
FAQs
1) Is retail forex trading legal for individuals in Vietnam?
Forex regulations can be complex and change over time. Many Vietnamese residents use international, well-regulated brokers; always check local rules and consult a qualified advisor before trading. New to the market? Start with what forex is and how it works: What Is Forex Trading & How It Works.
2) What licenses should I look for if I’m in Vietnam but using an offshore broker?
Prioritize Tier-1/credible oversight (e.g., CFTC/NFA, FCA, ASIC, MAS, CySEC). Learn why regulation matters with these primers: NFA-Regulated Forex Brokers and Best Offshore Forex Brokers.
3) Which forex brokers are popular in Southeast Asia?
Southeast Asian traders often favor brokers with strong regulation, low spreads, and local funding options. Compare regionally with: Best Forex Brokers in Asia and platform round-ups like Best Trading Platforms in Singapore or Thailand.
4) What trading platforms should Vietnam-based traders consider?
MT4/MT5 dominate, while cTrader appeals to advanced execution fans. See pros/cons here: Best cTrader Brokers and a broader broker view: Best TradingView Brokers.
5) How do I evaluate spreads and fees from Vietnam?
Check typical spreads on your pairs and the all-in cost (spread + commissions + swaps). This guide helps you compare: What Does Spread Mean in Forex? and Bid-Ask Spreads.
6) ECN vs. market maker, what’s better?
ECN/STP models can offer tighter, market-linked pricing but charge commissions; market makers can be simpler for beginners. Dive deeper: ECN Forex Brokers and ECN Forex Broker (Explainer).
7) What account types fit small starting capital?
Cent/micro accounts let you trade tiny position sizes to practice risk control. Learn how sizing really works: Forex Lot Size and test scenarios with the Forex Profit Calculator.
8) Is high leverage safe?
Leverage magnifies both gains and losses. Many pros keep it conservative and focus on risk per trade: What Does Leverage Mean in Forex? and Risk Management in Forex.
9) What payment methods work best from Vietnam?
Look for brokers supporting reliable bank transfers, cards, and reputable e-wallets. If you prefer wallet rails: Best PayPal Forex Brokers.
10) Which pairs are most traded by VN-based traders?
Majors (EUR/USD, USD/JPY, GBP/USD) for liquidity; some follow regional crosses too. Start with this primer: Understanding Currency Pairs.
11) What’s the best way to compare platforms from Vietnam?
Create a checklist: regulation, fees, platforms, funding, Vietnamese support hours, and order execution. Use region pages to benchmark UX/features: Best Forex Brokers in Asia.
12) Are there prop firms or funded accounts suitable for traders in Vietnam?
Yes, eligibility depends on the firm’s rules, KYC, and payment rails. Research with independent reviews, e.g., FTMO Review, The Funded Trader Review, and TopStep Review.
13) How do I build a trading plan that brokers won’t affect?
Your broker is just the venue. Your edge comes from a documented plan, risk rules, and consistent execution: Forex Trading Plan (Guide) and Trading Journal.
14) Is scalping allowed by most brokers?
Some allow it; others restrict order frequency or minimum hold time. If scalping is your style, shortlist from: Best Forex Brokers for Scalping.
15) Do Vietnamese traders get negative balance protection?
It depends on the broker and jurisdiction. Verify in the T&Cs and understand margin and stop-out: What Is Margin in Forex?.
16) How do swaps/overnight financing work?
Swaps are interest adjustments for holding positions overnight. Learn the mechanics here: What Is Swap in Forex?.
17) What order types should I master first?
Market, limit, stop, plus risk tools like stop-loss and trailing stop. Quick refreshers: Buy Limit vs Buy Stop and Trailing Stop Loss.
18) Which indicators are most useful for new traders?
MA/EMA, RSI, ATR, and MACD are common building blocks. Explore how they work: Moving Averages in Forex, ATR Indicator, and MACD Histogram.
19) How important is execution speed for Vietnam-based traders?
Very, especially for scalpers/news traders. Look for data centers near your region and brokers touting low-latency routing. Learn more about low latency trading: Low Latency Trading.
20) Can I day trade forex from Vietnam?
Day trading is about strategy, not location; ensure compliance with local rules and choose a robust platform. Guides: Forex Day Trading and Day Trading for Beginners.
21) What risk per trade is reasonable?
Many pros risk 0.25–1% per trade, adjusting by volatility and conviction. Calibrate with: Position Sizing and Risk-Reward Ratio.
22) What’s the best way to start if I’m brand new?
Study basics, build a plan, practice on demo, then go live small. Roadmap: How to Start Trading Forex + Forex School.
23) Are signals or copy trading a good idea?
They can help you learn if you treat them as education, not a shortcut. Due diligence is essential: Forex Signal Providers and Copy Trading.
24) How do I avoid scams targeting Vietnamese traders?
Steer clear of unregulated platforms, unrealistic guarantees, and pressure tactics. Use AFM’s scam alerts for red flags and due diligence tips (example: Exposing BLAFX).
25) What markets (beyond forex) do many brokers offer?
Indices, commodities, metals, crypto CFDs, availability varies by license. If crypto interests you, compare exchanges: Best Cryptocurrency Exchanges in South Africa (framework useful for vetting anywhere).
26) Does my location affect account verification (KYC)?
Yes, brokers verify ID and residency per regulation and their onboarding policy. Have passport/ID and proof of address ready; give yourself time for verification.
27) What are typical funding and withdrawal timelines from Vietnam?
Cards and e-wallets are usually fastest; bank wires can take longer. Always check broker processing times and fees before depositing.
28) What time zones should VN traders focus on?
Hanoi (ICT/UTC+7) overlaps partly with the Tokyo and Sydney sessions; volatility often spikes in London and New York. Align your strategy with session behavior: Forex Day Trading.
29) Which pairs suit Asian session trading?
JPY and AUD pairs often see more action in Asia. Use ATR/volatility to set realistic targets and stops: ATR Indicator.
30) How can I protect my capital as I learn?
Use strict position sizing, hard stop-losses, and avoid over-leveraging. Start here: Risk Management in Forex.
31) How do I keep emotions in check?
Pre-define rules and stick to them; log trades and review weekly. Mindset resources: Forex Trading Psychology.
32) What’s the best way to choose a broker from Vietnam?
Shortlist by regulation + safety, execution + fees, platforms, funding/withdrawals, and support. Then open a demo and stress-test. Start the shortlist here: Best Forex Brokers in Asia.
33) Any tips for news trading across time zones?
Use an economic calendar, know session overlaps, and widen stops during releases. Learn approaches in: Trading Economic News.
34) How do I measure performance consistently?
Track expectancy, drawdown, win rate, and R-multiples. The Trading Journal article shows what to log and why: Trading Journal.
35) Can I use multiple brokers from Vietnam?
Yes, some traders diversify execution and product access. Just ensure each is properly regulated and fits your strategy.
36) What’s a realistic path from demo to live?
1–3 months on demo to prove your plan, then go live with small risk and scale gradually. Use: Demo to Live Trading.
37) Which order execution model helps during volatile moves?
Brokers with strong liquidity pools and transparent ECN/STP routing often hold up better, verify with fills and slippage tests. Read: ECN Forex Brokers.
38) How do I avoid overtrading?
Pre-set daily trade limits, stick to high-quality setups, and step away after a loss streak. Tips here: How to Avoid Overtrading.
39) What’s the simplest starter strategy for VN time zones?
A trend-following approach on majors during London open with ATR-based stops is a common starting point. Build the playbook with: Best Forex Strategy for Consistent Profits.
40) Final reminder on safety and compliance?
Always confirm local regulations and tax obligations. Choose well-regulated brokers first, master risk, then grow slowly. New? Begin here: How to Start Trading Forex.
