Best Forex Broker Vietnam – Top Forex Brokers in Vietnam Reviewed

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

If you live in Vietnam, you perhaps know that there are not so many local brokers available. Even more important, out of the choices you have, it may be difficult to choose the best one, especially if you want to make sure your funds are safe and sound.

In the next sections, we will review the best forex brokers in Vietnam according to several factors, including cost structure, availability of local payment methods, and user-friendliness. Next, we will equip you with some pro tips to help you pick the right one for your needs, and answer some of the most frequently asked questions to help you save time. Let’s start!

#1 Forex Broker Vietnam – eToro

Mobile AppYes
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly

Best Forex Broker Vietnam – Our Top 5 Best Vietnam Forex Trading Platforms

First, let’s round up the five best Vietnam forex trading platforms right now. Here are the best ones, along with the main feature that makes them stand out from the crowd:

  • eToro – Best Overall Forex Broker Vietnam
  • AvaTrade – Best Options Trading Platform in Vietnam
  • – Best Forex Broker for Trading Exotic Forex Pairs
  • VantageFX– Best Forex Broker for Automated Trading
  • Libertex – Best Forex Broker Vietnam with Zero Spreads

67% of retail investor accounts lose money when trading CFDs with this provider.

Best Forex Brokers Vietnam – In-Depth Reviews

Next, we will review each of the five brokers mentioned above, focusing on their costs, features, and how easy it is to trade forex in Vietnam via their trading platforms.

1. eToro – Best Overall Forex Broker Vietnam

With a minimum deposit of only $50, eToro is one of the most accessible offerings in the market right now. You can trade nearly 50 currency pairs via CFDs (contracts-for-difference), use leverage, and add a variety of many other assets to your portfolio, including commission-free stocks and exchange-traded funds.

eToro is regulated by several authorities, including the FCA in the United Kingdom, CySEC in Cyprus, and the ASIC in Australia. For this reason, you will be asked to prove your identity before registering by uploading your government-issued ID and proof of address – all regulated brokers will require you to do so.

Next, all deposits are free of charge, while withdrawals are as low as $5 regardless of your transaction amount. The main fees you should be aware of are known as spreads – which is a fee typically charged for forex and is built into the price shown on the trading platform.

Also, if you decide to keep your CFD positions open overnight, you need to cover the financing fee which starts at $0.05 per night during the week ($0.15 per night during the weekend) and increases based on your chosen asset and transaction amount. This overnight fee is charged on any CFD or leveraged position, regardless of your chosen broker.

In terms of functionality, eToro’s proprietary trading platform packs a variety of features that recommends it both to advanced and beginner traders. For instance, you can access charts to conduct your analysis, a market news and analysis section with up-to-date articles regarding the most important events, and many more.

Perhaps the best feature when it comes to eToro is its social trading feature – you can follow other investors, copy their portfolios, and post comments to discuss forex-related matters with other fellow traders. They often share bullish or bearish ideas, so you can social-trade and broaden your prospects using experienced traders’ opinions or market moves.

eToro Fees

Forex Pair Spread Amount 
USDCHF 1.5 Pips
NZDUSD 2.5 Pips



  • No commissions for trading nearly 50 forex pairs
  • Excellent proprietary trading platform with numerous tools
  • Regulated by several trustworthy bodies, including the ASIC and FCA
  • You can copy experienced traders’ portfolios
  • Transparent fee structure
  • Easy-to-use platform
  • Mobile phone app available


  • You cannot use the MT4 trading platform

67% of retail investor accounts lose money when trading CFDs with this provider.

2. AvaTrade – Best Forex Options Broker in Vietnam

Another well-reputed broker, AvaTrade is one of the safest ones you can ever choose for your forex needs. The broker provides access to several trading platforms – including MetaTrader 4 and a proprietary platform, where you can trade forex via CFDs.

However, for experienced traders, AvaTrade is like a mouthful of fresh air – AvaOptions is a piece of custom trading software that allows you to trade options on forex, and it is one of the very few global brokers that provide this opportunity.

With more than 13 strategies available, AvaOptions has up to 40 currency pairs to choose from. Although options are not recommended to beginners, this may be the right way to start your options trading career, thanks to AvaTrade’s risk management tools, simulations, limit or stop orders, and many more tools that will help you test and develop your strategy.

AvaTrade Fees

Forex Pair Spread Amount 
EURUSD 0.9 Pips
USDJPY 1.1 Pips
GBPUSD 1.6 Pips
USDCHF 1.6 Pips
NZDUSD 1.8 Pips



  • One of the few global brokers that allow for forex options trading
  • Up to 40 currency pairs to choose from
  • A wide range of 13 options strategies
  • Many charts and analysis tools
  • Plenty of risk management tools and portfolio simulation features


  • Not suitable for infrequent traders due to high inactivity fees after 3 months

67% of retail investor accounts lose money when trading CFDs with this provider.

3. – Best Forex Broker for Trading Exotic Forex Pairs is another well-reputed forex broker in Vietnam. If your trading strategy involves a wide range of exotic and rare pairs, this is perhaps the top choice. With more than 140 forex pairs available, you can buy and sell many currencies that are not available on most other trading platforms. So, if you want to focus on forex pairs that not many other traders monitor, is perhaps the best one in the market right now.

Next, its proprietary trading platform comes with a few extra benefits. It uses artificial intelligence to improve your strategy over time, you have access to an economic calendar, market news, and a few more tools to help you stay on top of the latest developments in the forex market. is also regulated by the main watchdogs in the world, including the FCA in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC). This broker is also one of the best trading platforms if you want to obtain access to MT4, which is the top trading platform for forex. MT4 is rich in tools and is extremely customizable, so you can build your trading strategy from scratch. Fees

Forex Pair Average Spread Amount 
EURUSD 0.6 Pips
USDJPY 80 Pips
GBPUSD 1.3 Pips
USDCHF 0.9 Pips
NZDUSD 1.6 Pips



  • More than 140 currency pairs are available
  • Minimum deposit is only $20
  • Excellent proprietary platform (and access to MT4)
  • Great educational section
  • Plenty of research materials and tools


  • Spreads are average

 67% of retail investor accounts lose money when trading CFDs with this provider.

4. VantageFX – Best Forex Broker for Automated Trading

For trading signals and an automated portfolio, VantageFX comes with all the bells and whistles. Vietnamese users can join three different types of software: ZuluTrade, DupliTrade, and Myfxbook.

The fact that VantageFX is integrated with MT4 is an excellent advantage. In other words, you can do your own technical analysis, use forex signals, and develop your trading strategies as you keep an eye on all the noteworthy news.

The broker has a flexible pricing structure. If you want commission-free trading, you can open a standard straight-through processing (STP) account with only $200. The electronic communications network (ECN) account requires a $500 minimum investment (for a leveraged portfolio), spreads starting at 0 pips, and a $3 commission. Finding out more about ECN accounts and the best ECN brokers is crucial to becoming a professional investor.

VantageFX Fees

Forex Pair Spread (STP Account) 
EURUSD 1.4 Pips
USDJPY 1.5 Pips
AUDUSD 1.4 Pips
GBPUSD 1.6 Pips


  • You can choose the most affordable account type according to trading volume (i.e., ECN for high volume)
  • Regulated by the Australian Securities and Investments Commission
  • Ideal for automated trading
  • Compatible with MT4
  • Market news
  • Plenty of technical analysis tools


  • The STP account for beginners comes with quite high spreads

67% of retail investor accounts lose money when trading CFDs with this provider.

5. Libertex – Best Forex Broker Vietnam with Zero Spreads

Finally, our last choice is Libertex – another popular global broker that boasts zero spreads, more than two decades of experience in the market, and an excellent trading experience.

As one may find intuitive, the top highlight of this broker is that it charges zero spreads on all of its assets. This is because it chose to charge commissions instead of spreads. The commission starts at 0.006% per trade and depends on your chosen assets and amount.

If you are one of the traders who prefer a commission-based pricing model rather than the spreads, then this may be the right broker for you. It only provides a web-based proprietary trading platform (and a mobile version); it is simple and easy to use, but the educational section could have been more solid to help beginners familiarize themselves with the trading world.

Libertex Fees

Forex Pair Spread 


  • Zero spreads on all of its assets
  • The trading platform is easy to use
  • Has several tools to ease decision-making
  • Regulated by CySEC
  • Numerous free payment methods


  • No social trading
  • Commissions could mean higher costs for some traders

67% of retail investor accounts lose money when trading CFDs with this provider.

How to Find the Best Forex Trading Platform Vietnam

Now that we have discussed the main forex trading platforms in Vietnam, the following section goes over a few tips to help you choose the most suitable one for your purposes.

Regulation and Security

It is important to note that regulation and security should be the top criteria when choosing your online broker. An unregulated company could jeopardize your savings, risking your funds.

It is important to note that residents are allowed to trade with global brokers as long as they are compliant with the main regulatory authorities in the world. These include the Australian Securities and Investment Commission (ASIC), the Financial Service Agency (FSA), the UK Financial Conduct Authority (FCA), and the Cyprus Securities and Exchange Commission (CySEC).

In other words, even though brokers like eToro are not locally regulated, you can safely open an account on its trading platform because it is regulated in Australia, the European Union, and the United Kingdom.

Payment Methods

Although most online brokers now require small minimum deposits, not all of them support the same payment methods. You need to verify whether your chosen broker supports your local payment method, or your favorite e-wallet, such as PayPal. Being able to quickly withdraw funds when you need them is important, and so is avoiding brokers that charge you high fees for withdrawals.

Variety of Forex Pairs

Since you want to trade forex, checking what forex pairs are available is extremely important – especially before signing up, so you’ll save time later on. At least, your chosen broker should provide all the major and minor pairs. Some online brokers have a wide variety of exotic or rare pairs, too. This depends on your trading strategy, risk appetite, and whether you have experience with trading forex.


As we’ve seen above, brokers have different fee structures. In general, brokers earn revenue through spreads, commissions, or both. Spreads are fees built into the cost you see on the platform, while the commission is either fixed per transaction or variable, according to the transaction amount and/or chosen asset.

Some brokers may also charge you fees when you deposit or withdraw your funds if you are inactive for a certain period (which may be crucial for infrequent traders), and overnight fees, which are charged when you use derivatives like CFDs. All of these additional costs should be in the terms and conditions section on your chosen broker’s website.


In most cases, leverage when trading forex is capped at 1:30. This is typically enforced by the regulatory body. If you have a high risk appetite and use very high leverage, you need to check with your broker what the maximum limit is. For instance, eToro allows you to use a maximum of 1:30 for its currencies, which means that you can invest $1,000 and open a transaction worth $30,000.

How to Get Started With the Best Forex Trading Platform Vietnam

If you have reached this point, you are now better equipped to start trading forex right now. To help you out, the following sections explain to you everything you should know about registering with our top recommended forex trading platform in Vietnam – eToro.

Step 1: Open an Account

Access eToro’s main page and click to open a new account. Fill in each field with your personal information, as shown below.

how to join etoro

67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Verify Your Account

As we mentioned in eToro’s review above, it is a regulated broker, so you need to verify your account before getting started. Thus, you need to upload your Vietnamese government-issued ID and proof of address. The proof of address doesn’t have to be anything specific – for instance, you can upload any bill you have, as long as it was not issued more than three months ago.

Step 3: Deposit Funds to Your eToro Account

Once you upload your documents, eToro will verify them. This typically takes a few minutes. Then, you can deposit your funds. Although you can start with any amount you want, you need to deposit at least $50 (or approximately 1.13m Vietnamese dongs). As the base currency is in USD, you will have to cover a small conversion fee that depends on your chosen payment method.

Step 4: Search for Forex Pairs

You have two options to search for forex pairs. First, if you already know what pair you want to trade, write the currency pair (i.e., USD/GBP) in the search bar at the top. If you are still unsure or you want to start analyzing different pairs available, head to the “Discover” button on the left side.

Step 5: Buy Forex

Once you identify the right forex pair, click on “trade”. Here, you will see different options: buy (for long positions) and sell (for short positions), stop loss level (if applicable), take profit (if applicable), leverage, and the stake (how much you want to spend).

Best Forex Trading Platform Vietnam – Conclusion

Forex trading is becoming more and more accessible to retail traders – or individuals who want to buy and sell currencies as a hobby, alternative way of earning income, or who wants to trade forex for a living. There are endless options when it comes to choosing the best forex trading platform in Vietnam.

We have introduced you to the top five brokers for forex in Vietnam, so now you can further do your research on this topic, or you can simply click on the button below to sign up with eToro, our top choice, and trade forex right now. The ball is in your court!

eToro – Best Forex Broker in Vietnam

Mobile AppYes
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly


Is it safe to trade with online brokers in Vietnam?

What do you need to open an online trading account?

What is the best forex trading platform for a beginner?

What is a currency option?

Can I trade the Vietnamese dong (VND)?

About Ana Frincu PRO INVESTOR

Ana Frincu is a freelance content writer specialised in finance and economics. She has a BA in International Business Management and a MA in International Taxation and Finance. With a keen interest in fintech and personal experience as an investor, she covers a broad range of topics, including trading, alternative data, cryptocurrency, and macroeconomics.