Home Best Forex Brokers Vietnam 2021

Want to trade forex in Vietnam? In this guide, we highlight the 9 best forex brokers in Vietnam in 2021 and cover everything you need to know about how to choose a forex broker.

Best Forex Brokers Vietnam 2021 List

Here are our picks for the 9 best forex brokers in Vietnam this year:

  • eToro – Overall Best Forex Broker in Vietnam
  • Capital.com – Best Forex Broker in Vietnam for Exotic Pairs
  • VantageFX – Best Forex Broker for Automated Trading
  • AvaTrade – Top Forex Options Broker in Vietnam
  • Libertex – Trade Forex CFDs with Zero Spreads
  • Pepperstone – Best MetaTrader 4 & 5 Forex Broker
  • Forex.com – Top Forex Broker for Advanced Research
  • XTB – Best Mobile Forex Trading Platform
  • Interactive Brokers – Cheapest Forex Broker for Leveraged Trading
  • FXTM – Best Forex Broker for Trading Forex Indices

Many of these brokers are also among the top 10 forex brokers in the world.

Top Vietnam Forex Brokers Reviewed

To help you choose the best Vietnam forex broker, we’ll dive into detailed reviews of the top 5 forex brokers in Vietnam.

1. eToro – Overall Best Forex Broker in Vietnam

etoro logoeToro is our overall top pick for Vietnamese traders looking for a new forex broker. This CFD broker offers commission-free trading on more than 40 forex pairs and leverage up to 30:1. Plus, eToro doesn’t charge any deposit fee and only requires $250 (5.76 million VND) to open a new trading account.

eToro has created its own custom trading platform, which is available for web and mobile. The platform comes packed with over 100 technical studies and drawing tools to help you analyze price movements. In addition, you get access to professional research into the forex market and an economic calendar to help you stay ahead of the market.eToro Forex Pairs

Our favorite thing about eToro is its built-in social trading network. With this trading platform, you can easily follow other forex traders from Vietnam and around the world to share news ideas. Even better, you can see whether traders are bullish or bearish about a currency’s prospects. eToro also supports copy trading, so you can mimic the moves of more experienced traders.

eToro is regulated by the UK Financial Conduct Authority (FCA), one of the world’s most highly trusted financial regulators. The broker offers 24/5 customer support in case you ever need help with your account.

  • Commission-free trading on over 40 forex pairs
  • Custom trading platform with 100+ technical tools
  • Professional market research
  • Social trading network with copy trading support
  • Regulated by the UK FCA


  • Small $5 fee for withdrawals

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

2.Capital.com – Best Forex Broker for Trading Exotic Forex Pairs

capital.com reviewCapital.com is another top Vietnam forex broker. Like eToro, this platform offers 100% commission-free trading. Forex spreads start as low as 0.7 pips for the popular EUR/USD trading pair, and there are no deposit, withdrawal, or inactivity fees to worry about.

What really makes Capital.com stand out as one of the best forex brokers in Vietnam, though, is its selection of currencies to trade. This broker has 142 forex pairs available to buy and sell, including dozens of exotics that few other platforms carry. So, if you want to trade niche markets that most other traders overlook, Capital.com is the forex broker of choice.Capital.com Trading Platform

Capital.com offers a custom trading platform that’s very easy to use and has a few tricks up its sleeve. For example, the platform incorporates AI software that can track your trading patterns and suggest ways for you to improve your win rate over time. You can also access a market news feed, economic calendars, watchlists, and price alerts. The only thing to note is that you can’t develop forex signals with Capital.com’s trading platform.

Capital.com is regulated by the UK FCA and the Cyprus Securities and Exchange Commission, another top watchdog in Europe. The broker offers exceptional 24/7 customer support and you can get in touch by phone, email, or live chat. You can open a new trading account at Capital.com with just $20 (460,000 VND).

  • Trade over 140 currency pairs
  • 0% commission and spreads from 0.7 pips
  • AI software helps improve your trading win rate
  • 24/7 multi-channel customer support
  • Open an account with just $20


  • Cannot create your own forex signals

71.2% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider.

3. VantageFX – Best Forex Broker for Automated Trading

VantageFX logoVantageFX is one of the best forex brokers in Vietnam for traders who want to put their portfolio on autopilot. That’s because this broker integrates with 3 different auto-trading software tools: Myfxbook, ZuluTrade, and DupliTrade. All 3 tools make it easy to copy professional forex traders or use a commercial forex robot.

In addition, VantageFX is a good choice for traders who want to do their own technical analysis. The broker has its own custom trading platform plus offers an integration with MetaTrader 4 and 5. So, you can use forex signals and develop custom trading strategies, as well as keep an eye on market news and events.VantageFX App

VantageFX offers both straight-through processing (STP) and electronic communications network (ECN) accounts. A Standard STP account requires a $200 minimum deposit and doesn’t have any trade commissions. An ECN account requires a $500 minimum deposit and comes with commissions of $3 per lot per side. Both accounts offer ultra-fast trade execution.

VantageFX is regulated by the Australian Securities and Investments Commission (ASIC), one of the world’s top-tier financial regulators. The broker offers 24/5 customer support and doesn’t charge any deposit fees.

  • Offers STP and ECN trading accounts
  • Autotrading with ZuluTrade, Duplitrade, and Myfxbook
  • Integrates with MetaTrader 4 and 5
  • 24/5 customer support
  • Regulated by ASIC


  • Higher than average spreads with an STP account

Your capital is at risk.

4. AvaTrade – Top Forex Options Broker in Vietnam

avatrade brokerAvaTrade is one the best forex brokers in Vietnam for anyone who wants to trade options. In fact, it’s one of the only global forex CFD trading platforms that offers options trading. AvaTrade carries 55 forex pairs in all, and most of them can be traded with either CFDs or options CFDs.

Helpfully, AvaTrade has a trading platform dedicated solely to options trading: AvaOptions. With this platform, you can easily plot profit and loss charts for multi-leg options strategies and see the probability of profiting based on historical volatility. The software comes with over a dozen popular options strategies built in, which makes it particularly suitable for new options traders.AvaTrade best forex demo account

Another thing we like about AvaTrade is that it offers a social trading platform, too. This mobile-only platform allows you to follow other traders from around the world to exchange ideas, strategies, and market updates. The social trading app also supports copy trading, including options copy trading, so you can automate your trades based on what more experienced traders are doing.

AvaTrade enables you to open a new account with as little as $100. The broker is regulated in the UK and Australia and offers 24/5 customer support. There are no deposit or withdrawal fees, but be sure to watch out for the inactivity fee as it kicks in after 3 months without trading.

  • Trade options with over a dozen popular strategies
  • Profit likelihood for multi-leg options strategies
  • Social trading with a dedicated mobile app
  • Regulated by the FCA and ASIC
  • Minimum deposit of just $100


  • High inactivity fee after 3 months without trading

Your capital is at risk.

5. Libertex – Best Forex Broker in Vietnam with ZERO spreadslibertex logo

Another of the top forex brokers in Vietnam is Libertex. Libertex is popular with traders around the world and is regulated by CySEC, one of the leading regulatory bodies. With over 20 years of experience in the industry, Libertex has developed a fantastic trading platform and user experience that is ideal for both beginners advanced forex traders.

libertex spreads

One of the best things about Libertex is that they are a 0 spread forex broker. This makes them stand out from other brokers in the industry, as instead, they only charge a small commission when placing a trade. This commission can vary depending on the specific currency pair; however, commissions can be as low as 0.008% for major currency pairs. Apart from these commissions, Libertex does not charge any deposit or withdrawal fees to users.

As noted, Libertex has a fantastic trading platform, which is web-based – meaning you can access it from all of your devices. In addition, Libertex offers fast execution times for forex trades, ideal for traders looking to operate on lower timeframes. Notably, Libertex also provides full support for MT4, ensuring traders who wish to automate their trading or use custom indicators are catered to.

  • Zero spread forex trading
  • Good educational resources
  • Long established broker
  • Compatible with MT4
  • Competitive spreads


  • Only offers CFDs

83% of retail investors lose money trading CFDs at this site.


Best Forex Brokers in Vietnam Comparison

Now that you know more about the best Vietnam forex brokers, let’s see how they compare on a few key features.

Pricing Structure USD/GBP Spread Deposit/Withdrawal Fee Maximum Leverage
eToro Spread 2.1 pips $5 withdrawal fee 30:1
Capital.com Spread 0.7 pips None 30:1
VantageFX Spread (STP)

Commission (ECN)

1.4 pips

$3 per lot

None 500:1
AvaTrade Spread 1.6 pips None 400:1
Libertex Commission 0 pips None 30:1

How to Choose the Right Forex Broker for You

Wondering how you decide which is the best forex broker in Vietnam? Let’s take a look at some of the key factors to consider.


The first thing to look at when choosing a Vietnam forex broker is whether it’s safe. The best way to know that you’re getting a trustworthy broker is to get one that’s regulated by a top-tier financial watchdog like the FCA, CySEC, or ASIC.

Forex brokers regulated by these authorities follow special rules to protect investors, such as keeping client funds in segregated accounts and ensuring that all trades are executed fairly. While you can find unregulated brokers that may offer lower fees or higher leverage, they’re generally not worth the risk. We always recommend choosing a regulated forex broker.


The next thing that most traders are thinking about is how much it will cost to trade forex. Most forex brokers charge one of two different types of fees: spreads and commissions.

The spread in forex trading is the difference between the bid and the ask price of a forex pair. At top forex brokers, this can be 1 pip – or 0.01% – or less for major currency pairs. Minor forex pairs and exotics typically carry higher spreads.

Some brokers charge commissions instead of spreads for trading. Commissions are fixed fees that you pay every time you trade forex, regardless of which currency pair you trade.

Whether spreads or commissions are cheaper depends on what forex pairs you want to trade and how much currency you typically trade at a time. Most of the forex brokers we reviewed offer spreads with zero commissions.

Range of Assets

Another important thing to consider is the range of forex pairs that a broker offers. Most forex brokers in Vietnam offer all the major and minor currency pairs – around 40 forex pairs in total.

However, if you want to trade a wide range of exotics, you’ll need to find a broker that offers these lesser-traded pairs. Capital.com, for example, offers over 140 currency pairs to trade.Capital.com forex prices

It’s also worth noting that some brokers, like Pepperstone, offer forex indices. These allow you to invest in multiple currencies at once, rather than simply trading one currency against another.

Trading Tools

The trading tools that a forex broker offers are also hugely important to look at when choosing the best broker. Most brokers offer technical charts, but they can vary widely in how many technical indicators they come with, whether you can use forex signals, and whether you can create your own custom technical studies.

Additional trading tools, like a market news feed and economic calendar, can also be very useful for monitoring price changes. Some brokers like Capital.com offer price alerts, too, to ensure you never miss a trading opportunity.

One of our favorite trading tools that brokers like eToro, AvaTrade, and Pepperstone offer is social trading. With social trading, you can follow other traders to share ideas and strategies. You can also see what other traders think about a particular forex pair to help you decide whether to buy or sell. These three brokers also support copy trading, so you can automatically mimic the moves of more experienced traders.eToro copy trading

Past performance does not guarantee future results.


Some forex brokers like eToro and Capital.com have their own custom trading platforms for you to use. These are often very user-friendly and packed with unique features that you won’t find at other brokers.

On the other hand, brokers like VantageFX, AvaTrade, and Pepperstone offer the MetaTrader 4 and 5 trading platforms. These platforms are widely used by forex traders around the world and offer tons of advanced features. The downside is that they’re not very easy to get started with, especially if you’re new to forex trading.

Whichever type of platform appeals to you, be sure to check whether it’s available on mobile devices. All of the best Vietnamese forex brokers we reviewed offer trading on iOS and Android devices.

Account Types

Another thing to check when choosing a forex broker is what types of accounts they offer. Some forex brokers keep things simple by offering a single type of account for all forex traders. Others have multiple account types with different minimum deposits, leverage levels, and order execution styles.

For example, VantageFX has several different accounts. You can choose between STP and ECN order processing and between paying spreads or commissions.VantageFX Account Types


It’s also a good idea to look at what types of payments different forex brokers accept. Most accept debit and credit card payments as well as bank transfers. Brokers like eToro also accept payment via e-wallet like PayPal, Neteller, and Skrill.

If you only want to start trading with a small amount of money, you’ll also want to check how large a minimum deposit a forex broker requires when you open a new account.

How to Get Started with a Forex Broker

Ready to start trading with the best forex broker in Vietnam? We’ll show you how to open an account and place your first trade with eToro. eToro offers zero-commission forex trading and a built-in social network.

Step 1: Register an eToro Account

To open an eToro account, head to the broker’s website and click ‘Join Now.’ Enter a new username and password for your account along with your email. Or sign up using your Google or Facebook credentials.Sign up for an eToro account.

Step 2: Verify Your Identity

eToro is regulated by the UK FCA and complies with Know Your Customer (KYC) requirements. So, you must upload a copy of your passport or driver’s license along with a copy of a recent bank statement or utility bill.eToro verify Identity

Step 3: Deposit Funds

Next, it’s time to fund your new eToro account. The broker requires a minimum deposit of $250, which you can pay by credit card, debit card, PayPal, Neteller, Skrill, or bank transfer.eToro Deposit Funds

Step 4: Start Trading

Now you’re ready to start trading forex with eToro. Search for your favorite currency pair and click ‘Trade’ when it appears in the drop-down menu. In the order form, enter the amount you want to buy or sell. You can also choose how much leverage to apply to your trade and set a stop loss or take profit order.eToro Buy EUR USD Mobile App

When you’re ready, click ‘Open Position’ to complete your first forex trade.


Finding the best forex broker in Vietnam is crucial to succeeding in the currency market. Thanks to our list of the 10 best forex brokers in Vietnam, it’s easier than ever to start trading currency.

Ready to trade with the top forex broker in Vietnam? Click the link below to sign up for eToro and pay no commissions to start trading today!

eToro – Best Forex Broker in Vietnam for 2021

etoro logo

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


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Michael Graw

Michael Graw

Michael is an experienced freelance journalist and writer based in Washington. His core expertise includes finance, trading and technology. His work has been published on various websites that are prominent in the financial space. These cover the intersection of markets, global news and new emerging technology. In addition, he holds a Ph.D. in Oceanography from Oregon State University and has worked with environmental non-profit organisations across the US to help bridge the gap between scientific research and coastal communities. Other publications that Michael has written for include TechRadar, Tom’s Guide, StockApps, and LearnBonds.