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BlogBest Forex Brokers Vietnam for Beginners 2026
Top beginner-friendly forex brokers in Vietnam with MoMo, ZaloPay, VietQR, and Vietnamese support. Start with ₫ 25,000.
Written by
Edith Balazs
Fact Checked by
Marcus Thompson
Top 10 Forex Brokers for Vietnamese Beginners
For Vietnamese beginners (người mới bắt đầu), we have selected brokers that offer full support in Vietnamese, local banking methods like MoMo and VietQR, and excellent educational materials.
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Is forex trading legal in Vietnam?
Currently, strictly speaking, only authorized credit institutions can offer forex services. However, millions of Vietnamese trade with international brokers. The government warns of risks but doesn't explicitly ban individuals from trading offshore.
Quick Picks
Beginner Features
Compare education quality and Vietnamese language support.
| Broker | Action | ||
|---|---|---|---|
| Exness | ₫ 250,000 | Open Account | |
| XM | ₫ 125,000 | Open Account | |
| AvaTrade | ₫ 2,500,000 | Open Account | |
| FXTM | ₫ 250,000 | Open Account | |
| HFM | ₫ 0 | Open Account | |
| Pepperstone | ₫ 0 | Open Account | |
| Tickmill | ₫ 2,500,000 | Open Account | |
| FBS | ₫ 25,000 | Open Account | |
| OctaFX | ₫ 600,000 | Open Account | |
| IC Markets | ₫ 5,000,000 | Open Account |
Detailed Broker Analysis
#1 in Vietnam.
Exness is the leading broker in Vietnam. It offers instant withdrawals via VietQR and MoMo. Excellent Vietnamese support.
Pros
- Industry-leading withdrawal speed (instant/seconds)
- Exceptional transparency with public financial reports
- Massive liquidity - $4.5+ trillion monthly volume
- No inactivity, deposit, or withdrawal fees
Cons
- Not available to EU retail clients, US, UK, Canada, Australia
- Retail clients routed to offshore entities for leverage
- Customer support can be busy during peak times
- Limited stock CFD selection compared to competitors
Great Education.
XM offers daily webinars in Vietnamese. It is perfect for beginners who want to learn trading systematically.
Pros
- Very low $5 minimum deposit
- Multiple account types for all levels
- Excellent educational resources (industry-leading)
- Fast execution with no-requotes policy
Cons
- Not publicly traded - less financial transparency
- No cryptocurrency trading (regulated entities)
- Inactivity fee after 90 days ($15/month then $5/month)
- Standard account spreads wider than competitors
Copy Trading.
HFM supports MoMo for easy deposits and offers a great copy trading system for beginners.
Pros
- Strong multi-regulator oversight (FCA, CySEC, FSCA)
- Excellent account variety for all trader levels
- Outstanding local payment methods (Africa/Asia)
- Low minimum deposit ($0-$5 on most accounts)
Cons
- US clients not accepted
- Inactivity fee after 6 months ($5/month)
- Leverage caps apply in EU/UK jurisdictions
- Some features limited by regulatory entity
Top Learning.
FXTM has a wealth of educational content tailored for Vietnamese traders. Good local customer service.
Cent Account.
FBS allows you to start trading with very small amounts (approx $1). Useful for practice.
Pros
- Huge leverage options
- Cent accounts for beginners ($1 deposit)
- Global presence
- Extremely fast withdrawals
Cons
- High spreads on lower tier accounts
- Withdrawal fees on some methods
Simple App.
OctaFX offers a very user-friendly app and runs frequent contests for Vietnamese traders.
Pros
- Swap-free on all accounts
- Excellent mobile app
- Great copy trading community
Cons
- Limited instrument range (cfd only)
- Offshore focus
Pro Trading.
Pepperstone provides excellent execution but lacks local e-wallet options like MoMo.
Pros
- Regulated by 7 jurisdictions including 4 Tier-1
- Ultra-tight raw spreads on Razor (avg 0.1 pips EUR/USD)
- Fast execution - ideal for scalpers/EAs
- MT4, MT5, cTrader, TradingView support
Cons
- Standard account spreads wider than Razor
- Commission varies by platform
- No proprietary mobile app
- Research less extensive than IG
Automated Trading.
IC Markets is best for automated strategies. Higher minimum deposit ($200) targets more serious traders.
Pros
- ASIC and CySEC Tier-1 regulation
- Ultra-tight raw spreads from 0.0 pips
- Excellent for scalping and EAs
- Low latency execution (Equinix)
Cons
- $200 minimum deposit
- Limited educational resources
- Research tools could be expanded
- No FSCS protection
Low Costs.
Tickmill offers some of the lowest spreads, reducing trading costs significantly over time.
Pros
- Very low trading costs
- Fast execution speeds
- Allowed for all strategies
- Strong regulation
Cons
- Limited non-forex product range
- No crypto for UK clients
Fixed Spreads.
AvaTrade offers fixed spreads and the AvaSocial app. Reliable and safe.
Pros
- One of the most regulated brokers globally (9 licenses)
- Commission-free trading model
- Fixed spreads - predictable costs
- Unique AvaProtect risk management tool
Cons
- Fixed spreads are wider than ECN/Raw spread brokers
- Higher inactivity fee ($50/quarter after 3 months)
- No ECN or raw spread account option
- Cryptocurrency spreads can be high
Frequently Asked Questions
Top Forex Brokers Vietnam for Beginners
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January 2026