The Ultimate Guide to
Best Online Brokers in Vietnam
XM
XM is an award-winning online broker operating in Vietnam, and it is a subsidiary of the XM Global (IFSC). It is a well-reputed online broker with over 1 million customers across the globe.
XM is a regulated broker and operates under licenses from the UK’s Financial Conduct Authority (FCA), IFSC (Belize), CySEC (Cyprus), and ASIC (Australia). XM has a number of distinguishing features that make it one of the top choices for traders in Vietnam.
XM Trading Platforms
XM’s website offers access to numerous free educational resources including Forex market research, daily Forex webinars, video tutorials, trading signals, market outlook, and daily technical analysis. Customers also get a personal account manager and 24/5 live customer support.
XM also offers access to 300+ financial instruments. Customers can trade in commodities, metals, stocks, Forex, energies, and stock indices. XM supports 16 platforms and customers can trade using almost any device.
With 23 different languages supported, (including Vietnamese), traders can first practice their trading skills on XM’s free Demo account. There are over 25 secure payment methods that XM accept, including Credit/Debit cards, bank transfer, Skrill, Neteller, Union Pay, and many others. XM is the official sponsor of 11 times world champion, Usain Bolt.
Pepperstone
Pepperstone is another award-winning online broker operating in Vietnam. It is based in Melbourne, Australia, and operates globally under licenses from Australian Securities and Investment Commission (ASIC) in Australia and the Financial Conduct Authority (FCA) in the UK. Pepperstone is one of the largest Forex brokers in the world with an average of $5.8 billion in daily trades.
Pepperstone grants access to 70+ trading instruments over 11 trading platforms. Customers can trade in Forex, CFDs, energies, precious metals, commodities, indices, and cryptocurrencies. For the safety of clients’ funds, Pepperstone holds them in a segregated trust account with the National Australian Bank.
Pepperstone offers an in-depth tutorial for new traders, seeking to learn the art of trading. It also has excellent customer support available 24 hours a day, 6 days a week. A demo account is also offered to new traders for practicing and getting familiar with the platform.
Pepperstone accepts 10+ payment methods including debit/credit card, bank transfer, PayPal, and several others.
eToro
eToro is the world’s leading social trading platform with more than 4.5 million users in 170 countries. The social integration lets traders connect with other traders and share/discuss their trading strategies. eToro operates as a as Cypriot Investment Firm (CIF) under licenses from the Cyprus Securities & Exchange Commission (CySEC), and the Financial Conduct Authority (FCA). It also complies with the guidelines of Markets in Financial Instruments Directive (MiFID).
eToro gives its customers access to a wide array of markets and lets them trade in crypto, stocks, indices, ETFs, currencies, and commodities. Some of the highly traded markets include Gold, Ethereum, Apple, Intel, and Bitcoin.
The distinguishing feature of eToro is its social integration, letting traders interact with others and share their insights and financial knowledge to help others become better traders. eToro doesn’t compromise on privacy though, and does not share the private data of traders without their permission.
eToro offers a demo account for new traders to start practicing their financial knowledge. For opening a real account, eToro accepts multiple payment methods including debit/credit card, PayPal, Skrill, Neteller, Yandex, Union Pay, and Web Money.