Company

Spread

for EUR/USD

Min.

Deposit

Platforms

Offered

Account

Types

Spread

Type

Funding

Methods

Customer

Support

Execution

Details
CFDs are leveraged products and can result in the loss of your capital. Rankings are influenced by affiliate commissions. All information collected on 1/11/2017.

The Ultimate Guide to

Choosing a Broker
For Vietnam

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:

Ready?

Part 1

Why Choose
For Vietnam?

scored best in our review of the top brokers for vietnam, which takes into account 120+ factors across eight categories. Here are some areas where scored highly in:

  • + years in business
  • Offers + instruments
  • A range of platform inc.
  • 24/7 customer service
  • Tight spreads from pips
  • Used by 0+ traders
  • Offers demo account
  • 0 languages
  • Leverage up to

offers one way to trade: . If you wanted to trade EURUSD through copy trading or other means, skip to part two.

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

have a trust score, which is . This is largely down to them being regulated by , segregating client funds, being established for over years, and much more. For comparison:

Trust Score comparsion

Trust Score
Year Established
Regulated by
Uses tier 1 banks
Company Type Private Private Private
Segregates client funds

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We've compared these in detail in part three of this guide.

Part 2

Who is (& Isn’t)
Suitable For

As mentioned, allows you to trade in one way: .

Suitable for:

  • Spread Betting
  • CFD Trading
  • Forex Trading
  • Social Trading

Not Suitable for:

To trade with , you'll need a minimum deposit of $. offers a range of different account types for different traders including a , .

Finally, isn't available in the following countries: . They do not offer islamic accounts either.

Part 3

A Comparison of vs. vs.


Want to see how stacks up against and ? We've compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Fixed Spreads
Variable Spreads
EUR/USD Spread
GBP/USD Spread
USD/CAD Spread
USD/JPY Spread
DAX Spread
FTSE 100 Spread
S&P500 Spread

Comparison of account & trading features

Spread type Fixed
EUR/USD Spread
EUR/GBP Spread
Crude Oil Spread
Gold Spread Private Private Private
DAX Spread

Part 4

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 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.


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