{"id":255756,"date":"2020-03-31T08:14:32","date_gmt":"2020-03-31T12:14:32","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=255756"},"modified":"2020-06-19T10:20:45","modified_gmt":"2020-06-19T14:20:45","slug":"forex-brokers","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/vn\/forex-brokers","title":{"rendered":"Best Vietnam Forex Brokers 2020"},"content":{"rendered":"<p>Are you residing in Vietnam and looking to try forex trading? If yes, then the primary and one of the most important things you need to do is find a legitimate forex broker that accept Vietnamese local traders.<\/p>\n<p>Check out our detailed guide below to learn more about the best forex brokers in Vietnam, the kind of services they offer, their fee structures, spreads or commissions they charge, the leverage limits they give and a lot more that can assist you in identifying the most appropriate forex broker for your needs.<\/p>\n<p><span style=\"font-weight: 400;\"><div class=\"w-100 clearfix fc-row\"> <div class=\"step-heading-outer\"><h2>On this Page:<\/h2><div href=\"#\" class=\"btn btn-secondary toc-toggle\">Contents [<span>show<\/span>]<\/div><\/div><div class=\"choose-stock\"><div class=\"choose-stockone\"><ul id=\"tableofcontent\" class=\"toc-collapse\"><\/ul> <\/div><\/div><\/div><\/span><\/p>\n<h2>Our recommended Vietnam forex broker<\/h2>\n<p>We\u2019ve carefully examined all the specific features of the top forex brokers available in Vietnam. We concluded that the forex broker below offers the most user-friendly and robust trading platform.<\/p>\n\n            \n<h2>Best Vietnam Forex Broker Sites of 2020<\/h2>\n<p>The following are the five most recommended forex brokers in Vietnam. They all offer reliable and safe forex trading platforms which means that your money will always be in safe hands.<\/p>\n            \n            \n            \n            \n            \n<h2>How to Join a Vietnam Forex Broker in 2020<\/h2>\n<p style=\"margin-top: 0cm; text-align: justify; line-height: 15.0pt; background: white;\"><span style=\"color: #212529;\">Below is an in-depth tutorial that will guide you on how you can successfully open your account, verify your identity, deposit cash and trade major forex pairs within less than 20 minutes.<\/span><\/p>\n<h3>Step 1: Choose a forex broker that accepts Vietnamese traders<\/h3>\n<p style=\"text-align: justify; line-height: 15.0pt; background: white;\"><span style=\"color: #212529;\">There are numerous forex brokers that you can quickly access online. However, only some of them accept Vietnamese traders. <\/span><\/p>\n<p style=\"text-align: justify; line-height: 15.0pt; background: white;\"><span style=\"color: #212529;\">Ensure that you check first the \u201cSupported countries&#8221; section of your chosen forex broker\u2019s site to check whether Vietnam is included in its list. In case you don&#8217;t see it there, then you will have to search for another forex broker.<\/span><\/p>\n<p style=\"text-align: justify; line-height: 15.0pt; background: white;\"><span style=\"color: #212529;\">Another significant thing that you have to consider is whether or not your chosen forex broker is regulated. If your forex broker is based abroad, it must be regulated by big financial authorities such as CySEC, FCA, ASIC and MAS.<\/span><\/p>\n<p style=\"text-align: justify; line-height: 15.0pt; background: white;\"><span style=\"color: #212529;\">Other things that you have to consider are the broker\u2019s commission rate, spreads, ease of use of its trading system, supported payment payments and many more. <\/span><\/p>\n\n            \n<h3>Step 2: Open an Account and Verify Your Identity<\/h3>\n<p>While opening an account, you\u2019ll need to provide the following important information in order to create your account.<\/p>\n<ul>\n<li>First and last name<\/li>\n<li>Email address<\/li>\n<li>Password<\/li>\n<li>Phone number<\/li>\n<li>Home address<\/li>\n<li>Date of birth<\/li>\n<\/ul>\n<p>In order to verify your identity, you&#8217;ll have to upload a picture or a scanned copy of your government-issued ID such as your driver&#8217;s license and passport. Other forex broker sites may also require you to send a proof your address. In order to verify your location, you will have to upload an image or duplicate copy of your electricity bill or telephone bill to prove your address.<\/p>\n<h3>Step 3: Deposit Funds<\/h3>\n<p>Before depositing your funds, first of all, check the minimum amount of deposit required. If you\u2019re a beginner trader, it\u2019s highly suggested that you only send the minimum deposit amount so you can try forex trading without risking a lot of money.<\/p>\n<p>Some of the supported deposit payment methods are the following:<\/p>\n<ul>\n<li>Visa debit\/credit card<\/li>\n<li>MasterCard debit\/credit card<\/li>\n<li>Maestro debit\/credit card<\/li>\n<li>PayPal<\/li>\n<li>Skrill<\/li>\n<li>Neteller<\/li>\n<li>Bank transfer<\/li>\n<li>Web Money<\/li>\n<li>Union Pay<\/li>\n<\/ul>\n<h3>Step 4: Trade Forex<\/h3>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/03\/forex-order-types_body_limitorderstoopen0_2.jpg\"><img decoding=\"async\" class=\"size-full wp-image-253883 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/03\/forex-order-types_body_limitorderstoopen0_2.jpg\" alt=\"\" width=\"500\" height=\"419\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/03\/forex-order-types_body_limitorderstoopen0_2.jpg 500w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/03\/forex-order-types_body_limitorderstoopen0_2-300x251.jpg 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<p>Once your deposit shows up in your trading account, you can now buy and sell any currency pair. In case you are still new to trading, do not make leverage. Only use leverage once you\u2019re confident enough that you can manage the art of trading well.<\/p>\n<p>In order to place a trade, you\u2019ll need to fill out an order.<\/p>\n<ul>\n<li>Select if you want to make a \u2018Buy or sell order\u2019<\/li>\n<li>Enter the amount you want to trade<\/li>\n<li>Decide if you will apply leverage or not<\/li>\n<li>Select if you want to utilize a limit order or a market order<\/li>\n<li>Input the take-profit trigger price and determine the stop-loss<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><div class=\"omsc-infobox omsc-with-icon\" style=\"background:#aacbff;border-color:#aacbff;color:#000000\"><i class=\"fa fa-info-circle omsc-infobox-icon\"><\/i> Note: Forex trading is a high-risk investment arena. Unless you have extensive experience of buying and selling currencies online, you might be best to start out with small amounts until you get more comfortable.<\/div><\/span><\/p>\n<h2>How to Choose a Vietnam Forex Broker<\/h2>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<p>If you are still not sure which forex broker to sign up for, you should read the following list of the main factors you need to consider when choosing a Vietnam forex broker.<\/p>\n<ul>\n<li><i class=\"sui sui-check-square-o\" style=\"color:#28cd11\"><\/i> <strong>Licensing<\/strong><\/li>\n<\/ul>\n<p>The forex broker you select should be controlled by at least one top financial authority in the world. The top-tier forex brokers are typically regulated by the ASIC, CySEC or FCA.<\/p>\n<p>By selecting a regulated and licensed forex dealer, you can be assured that your money and account information will be in safe hands.<\/p>\n<ul>\n<li><i class=\"sui sui-check-square-o\" style=\"color:#28cd11\"><\/i> <strong>Forex pairs<\/strong><\/li>\n<\/ul>\n<p>The greater the number of available forex pairs, the better forex trading experience you will get. Both major and minor forex pairs must be fully supported by your chosen forex broker. Similarly, make sure that your chosen currency pairs are part of the list of available forex pairs.<\/p>\n<ul>\n<li><i class=\"sui sui-check-square-o\" style=\"color:#28cd11\"><\/i> <strong>Payment methods<\/strong><\/li>\n<\/ul>\n<p>It must be easy to deposit and withdraw money. It\u2019s extremely recommended that your selected forex broker includes credit\/debit card, bank transfer and PayPal in its list of supported payment methods.<\/p>\n<ul>\n<li><i class=\"sui sui-check-square-o\" style=\"color:#28cd11\"><\/i> <strong>Spreads and Commission<\/strong><\/li>\n<\/ul>\n<p>Nearly all forex brokers charge spreads. Most of them don\u2019t charge commission fees but some still do. The spread means the difference between the buy and sell price of a currency pair, and it is measured in pips.<\/p>\n<p>Your chosen forex broker must also offer tight spreads so that you can minimize the fees you need to pay. The commission fee some brokers charge could be a small percentage of the trade value. For example, if the commission fee is 1%, and the value of the trade is $1,000, then you will have to pay $10.<\/p>\n<ul>\n<li><i class=\"sui sui-check-square-o\" style=\"color:#28cd11\"><\/i> <strong>Trading tools<\/strong><\/li>\n<\/ul>\n<p>A good forex broker must offer you trading analysis tools like the RSI, trading articles, Fibonacci Retracement, expert tips and video tutorials.<\/p>\n<ul>\n<li><i class=\"sui sui-check-square-o\" style=\"color:#28cd11\"><\/i> <strong>Customer support<\/strong><\/li>\n<\/ul>\n<p>It\u2019s recommended that you pick a forex broker that is able to assist you with a problem right away. Many well-known forex brokers offer online, round the clock chat support while others ensure that they always reply via email within a few hours after you send them an inquiry.<\/p>\n<\/div>\n<h2>Leverage at Vietnam Forex Brokers<\/h2>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/03\/Screenshot_1617.jpg\"><img decoding=\"async\" class=\"alignright size-medium wp-image-255770\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/03\/Screenshot_1617-300x167.jpg\" alt=\"\" width=\"300\" height=\"167\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/03\/Screenshot_1617-300x167.jpg 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/03\/Screenshot_1617-1024x571.jpg 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/03\/Screenshot_1617-768x428.jpg 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/03\/Screenshot_1617.jpg 1143w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>Contrary to European traders, Vietnamese traders are not limited by the leverage limit enforced by the European Securities and Markets Authority (ESMA). European traders are only able to make a 25:1 leverage on major forex pairs and 20:1 leverage when it comes to minor and exotic pairs.<\/p>\n<p>Traders in Vietnam can apply a leverage of up to 10000:1. If you wish to trade $1000 and utilize a 10000:1 leverage option, then you could effectively be trading with $1,000,000. Nonetheless, you must not use a 10000:1 leverage or even a 50:1 leverage if you\u2019re a beginner trader because a single wrong trade can make you lose all your money.<\/p>\n<h2>Conclusion<\/h2>\n<p style=\"margin-top: 0cm; text-align: justify; line-height: 15.0pt; background: white;\"><span style=\"color: #212529; background: white;\">After knowing the top forex brokers available for Vietnamese traders and some guidelines on how you can determine which forex broker can suit your trading needs, it is now the perfect time to create a forex trading account and start trading. <\/span><\/p>\n<p style=\"margin-top: 0cm; text-align: justify; line-height: 15.0pt; background: white;\"><span style=\"color: #212529; background: white;\">Lastly, if you are a newbie, remember to only trade what you can afford to lose. Have fun trading!<\/span><\/p>\n\n            \n<h2>FAQs<\/h2>\n        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>Are Vietnamese forex brokers safe?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tYes. Vietnam forex brokers such as the ones described above provide trustworthy and secure trading platforms for Vietnamese traders. They are also regulated top-tier financial authorities all over the world, which means they are completely legitimate.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>What leverage limits do Vietnamese forex brokers offer?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tVietnamese traders can apply a leverage up to 10000:1.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>Should I join a commission-free Vietnamese forex broker?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tYes. If you find a forex broker with a completely reliable and safe trading platform offering commission-free trading, then you should definitely sign up on such brokerage firm.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>What is the minimum deposit amount available at Vietnamese forex brokers?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tForex.com only requires a minimum deposit of $50. Other Vietnam forex brokers require either $100 or $200 minimum deposit.                     <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>What payment methods do Vietnamese forex brokers support?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tThe most common payment methods they accept include debit\/credit cards, bank transfer and PayPal.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t\n<script type=\"application\/ld+json\">\n    {\n\t\t\"@context\": \"https:\/\/schema.org\",\n\t\t\"@type\": \"FAQPage\",\n\t\t\"mainEntity\": [\n\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Are Vietnamese forex brokers safe?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Yes. Vietnam forex brokers such as the ones described above provide trustworthy and secure trading platforms for Vietnamese traders. They are also regulated top-tier financial authorities all over the world, which means they are completely legitimate.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What leverage limits do Vietnamese forex brokers offer?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Vietnamese traders can apply a leverage up to 10000:1.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Should I join a commission-free Vietnamese forex broker?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Yes. If you find a forex broker with a completely reliable and safe trading platform offering commission-free trading, then you should definitely sign up on such brokerage firm.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What is the minimum deposit amount available at Vietnamese forex brokers?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Forex.com only requires a minimum deposit of $50. Other Vietnam forex brokers require either $100 or $200 minimum deposit.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What payment methods do Vietnamese forex brokers support?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"The most common payment methods they accept include debit\/credit cards, bank transfer and PayPal.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t\t    ]\n}\n<\/script>\n\n<h2>Forex brokers by country<\/h2>\n<div class=\"row letter-row\"><div class=\"col-sm-12\"><a class=\"letter\" href=\"#letter-A\">A<\/a><span class=\"letter\">B<\/span><a class=\"letter\" href=\"#letter-C\">C<\/a><a class=\"letter\" href=\"#letter-D\">D<\/a><span class=\"letter\">E<\/span><a class=\"letter\" href=\"#letter-F\">F<\/a><span class=\"letter\">G<\/span><span class=\"letter\">H<\/span><a class=\"letter\" href=\"#letter-I\">I<\/a><span class=\"letter\">J<\/span><span class=\"letter\">K<\/span><span class=\"letter\">L<\/span><a class=\"letter\" href=\"#letter-M\">M<\/a><a class=\"letter\" href=\"#letter-N\">N<\/a><span class=\"letter\">O<\/span><a class=\"letter\" href=\"#letter-P\">P<\/a><span class=\"letter\">Q<\/span><span class=\"letter\">R<\/span><a class=\"letter\" href=\"#letter-S\">S<\/a><a class=\"letter\" href=\"#letter-T\">T<\/a><a class=\"letter\" href=\"#letter-U\">U<\/a><a class=\"letter\" href=\"#letter-V\">V<\/a><span class=\"letter\">W<\/span><span class=\"letter\">X<\/span><span class=\"letter\">Y<\/span><span class=\"letter\">Z<\/span><span class=\"letter\">#<\/span><\/div><\/div><div class=\"row letter-content-row\"><div id=\"letter-A\" class=\"col-sm-12 col-md-4 col-lg-4 letter-content-column \"><div class=\"letter-title\">A<\/div><div class=\"letter-content\"><a href=\"https:\/\/insidebitcoins.com\/au\/forex-brokers\">Australia Forex Brokers<\/a><br><\/div><\/div><div id=\"letter-C\" class=\"col-sm-12 col-md-4 col-lg-4 letter-content-column \"><div class=\"letter-title\">C<\/div><div class=\"letter-content\"><a href=\"https:\/\/insidebitcoins.com\/ca\/forex-brokers\">Canada Forex Brokers<\/a><br><\/div><\/div><div id=\"letter-D\" class=\"col-sm-12 col-md-4 col-lg-4 letter-content-column \"><div class=\"letter-title\">D<\/div><div class=\"letter-content\"><a href=\"https:\/\/insidebitcoins.com\/uae\/forex-brokers\">Dubai Forex Brokers<\/a><br><\/div><\/div><div id=\"letter-F\" class=\"col-sm-12 col-md-4 col-lg-4 letter-content-column \"><div class=\"letter-title\">F<\/div><div class=\"letter-content\"><a href=\"https:\/\/insidebitcoins.com\/forex-brokers\">Forex Brokers<\/a><br><\/div><\/div><div id=\"letter-I\" class=\"col-sm-12 col-md-4 col-lg-4 letter-content-column \"><div class=\"letter-title\">I<\/div><div class=\"letter-content\"><a href=\"https:\/\/insidebitcoins.com\/id\/forex-brokers\">Indonesia Forex Brokers<\/a><br><\/div><\/div><div id=\"letter-M\" class=\"col-sm-12 col-md-4 col-lg-4 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class=\"letter-title\">S<\/div><div class=\"letter-content\"><a href=\"https:\/\/insidebitcoins.com\/sa\/forex-brokers\">Saudi Arabia Forex Brokers<\/a><br><a href=\"https:\/\/insidebitcoins.com\/sg\/forex-brokers\">Singapore Forex Brokers<\/a><br><a href=\"https:\/\/insidebitcoins.com\/za\/forex-brokers\">South Africa Forex Brokers<\/a><br><\/div><\/div><div id=\"letter-T\" class=\"col-sm-12 col-md-4 col-lg-4 letter-content-column \"><div class=\"letter-title\">T<\/div><div class=\"letter-content\"><a href=\"https:\/\/insidebitcoins.com\/th\/forex-brokers\">Thailand Forex Brokers<\/a><br><\/div><\/div><div id=\"letter-U\" class=\"col-sm-12 col-md-4 col-lg-4 letter-content-column \"><div class=\"letter-title\">U<\/div><div class=\"letter-content\"><a href=\"https:\/\/insidebitcoins.com\/uae\/forex-brokers\">UAE Forex Brokers<\/a><br><a href=\"https:\/\/insidebitcoins.com\/uk\/forex-brokers\">UK Forex Brokers<\/a><br><a href=\"https:\/\/insidebitcoins.com\/us\/forex-brokers\">US Forex Brokers<\/a><br><\/div><\/div><div id=\"letter-V\" class=\"col-sm-12 col-md-4 col-lg-4 letter-content-column \"><div class=\"letter-title\">V<\/div><div class=\"letter-content\"><a href=\"https:\/\/insidebitcoins.com\/vn\/forex-brokers\">Vietnam Forex Brokers<\/a><br><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Are you residing in Vietnam and looking to try forex trading? If yes, then the primary and one of the most important things you need <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/vn\/forex-brokers\" title=\"Best Vietnam Forex Brokers 2020\">[&#8230;]<\/a><\/div>","protected":false},"author":1745,"featured_media":255769,"parent":256129,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.8 (Yoast SEO v21.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Vietnam Forex Brokers ? 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