2021 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Vietnam
This guide to the reputable trading platforms in Vietnam has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
This review contains the most recent information about finding a reputable online broker in Vietnam.
If you're a new entrant into the realm of trading and brokerage, so many facts will be confusing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You will acquire proficient skills at all the concepts of brokerage since you keep trading. For starters, you need to choose the ideal broker in Vietnam who'll be clear with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan is key to your success.
We currently have 18 Trading Patforms that we believe are the Best Brokers in Vietnam
Who Are The Top Vietnam Trading Patforms?
This guide has been written to help you find a professional Vietnam broker. When searching for an experienced, reliable broker in Vietnam it can be very confusing. Below we explain what your trading platform are in Vietnam and what Vietnam online trading platforms can provide you.
We currently have 18 Trading Patforms from our research that we think are the Reputable Online Brokers in Vietnam
|Coinbase||Bittrex||Varengold Bank||z.com||Circle Markets||XTB||Degiro||Ascot Securities||easyMarkets||Trade Zero||Hugos Way||CIM Banque||Robinhood||Sharekhan||FXCM||Windsor Brokers||AccentForex||Ezinvest|
|Find Out More|
|Headquarters||United States||South Korea||Germany||UK||New Zealand||Poland||Netherlands||Estonia||Cyprus, Australia||Bahamas||St. Vincent and the Grenadines||Geneva||USA||India||United States||Cyprus||Vanuatu||Cyprus|
|Regulated By||Financial Conduct Authority (FCA)||Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)||Unregulated||Financial Conduct Authority (FCA), Financial Services Authority (FSA), Securities and Futures Commission (SFC)||Financial Industry Regulatory Authority (FINRA)||Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi??n Nacional del Mercado de Valores, Komisja Nadzoru Finansowego||Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB)||Cyprus Securities and Exchange Commission (CySEC)||Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)||Securities Commission of the Bahamas (SCB)||None||Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC)||Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)||Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange||Financial Conduct Authority (FCA)||Cyprus Securities and Exchange Commission (CySEC)||Unregulated||Cyprus Securities and Exchange Commission (CySEC)|
|Risk Warning||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk||79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk||Losses can exceed deposits||Losses can exceed deposits||Your capital is at risk||Your capital is at risk|
|CFD Fees||Yes||No||Yes||Yes||No||No||0.08% per share charge per side||No|
|Accepts Credit Cards||Yes||Yes||No||No||Yes|
Online Share Trading In Vietnam
Trading investments in Vietnam is highly regulated and considered very secure. However, conscious that any investment can go down as well as up, so your capital is at risk.
If you're just starting out with online trading then it is advised to get a demo account first with a controlled agent so that you can find out the strategies without the danger of losing cash.
Live Forex Trading In Vietnam
Forex is the largest liquid financial market in the world with a daily financial exchange turnover of over $5 trillion (BIS statistics April 2016).
Forex (short for Foreign Exchange) is a currency exchange between two different nations and the following management of the consequent position in which one currency gains and the other loses.
It is easy to do Live Forex Trading in Vietnam with professional online agents
Live CFD Trading In VietnamCFD trading is the selling and buying of contracts for difference via an online agent in Vietnam. When trading CFDs you are entering into an agreement to exchange the difference in the price of an asset from the point at which the contract is opened to when it is closed.
Spread Betting In Vietnam
Spread Betting in Vietnam is possible using trusted online brokers like XM or 101Investing. It is a simple bet as to whether the price will go up or down. Usually, the Vietnam online trading platforms will display the prices you have.
If you are looking at how to do spread betting in Vietnam then it is an idea to start with a demo account with either eToro or Trading212 so that you can practice with virtual money before risking your own capital.
Trading Shares in Vietnam
Globally, Vietnam is considered safe to do online trading and has access to other global financial centers. In Vietnam, online trading platforms are highly regulated, professional and customer centric.
However, it is always important to be as informed as possible so here we detail some of the most important things a trader should know:
The financial industry in Vietnam are professional and are seen are trustworthy due to regulation and compliance by the local Fiancial trade authority in Vietnam.
The online platforms used by brokers in Vietnam are well tested and highly rated.
Whichever Online Trading Brokers in Vietnam you decide to use, make sure they have all of the below:
- User friendly platform
- Availability of a risk management tool
- Good or instant execution speed
- Better quality charts
- Able to perform social trading
- Professional online help or support
Challenges Of Trading Online in Vietnam
The US Dollar is considered the base currency around the world so even a tiny change in the US economic markets could affect the financial markets in Vietnam. The EU is also a large market and changes there could affect the financial markets in Vietnam.
Like all countries there are opportunities in Vietnam economic markets and overall the prospects are good. However, like in all global economic markets we recommend that any Online Trading Solutions in Vietnam you decide to use, make sure you do your due diligence first before risking your money. We have collected thousands of datapoints and written this guide to help you find the Best Trading Platforms in Vietnam. We hope that by reading this guide you will find a reputable broker that matches your needs.
Frequently Asked Questions About Trading Forex In Vietnam
Is Forex Trading Legal In Vietnam?
There's a growing misconception that trading Forex in Vietnam is deemed unsafe. This is not the case, Forex Currency trading in Vietnam is quite active, safe and regulated.
Trading in Forex is permitted in Vietnam as for any company to trade globally, foreign currency must be exchanged. Any time you purchase something and it is sent from overseas, there'll be numerous currency exchanges by multiple companies to get that item to you.
The important thing is that when trading Forex in Vietnam you pick one of the top online agents.
Do Forex Traders Pay Tax In Vietnam?
After a trader is successful and their profits achieve a particular level then they can be taxed in Vietnam as per the standard taxation rules.
Tax returns must always be registered even if there's a reduction. You should seek out advice with a documented accountant in Vietnam to make certain you are abiding by all current regional laws since it is extremely dependent on your personal conditions.
Can You Trade Cryptocurrencies In Vietnam?
Cryptocurrency markets in Vietnam are quite new. As Cryptocurrencies operate on decentralised resources in Vietnam matters like interest rate changes and political instability don't impact them as far as the currency markets.
Cryptocurrencies are more popular with the centuries and with growing income amounts and technologies adoption, trading cryptocurrency in Vietnam is increasing day by day. It's still small in comparison to the Forex markets but about $6 billion USD of Bitcoin is traded every day.
Can You Trade Commodities In Vietnam?
Commodity trading in Vietnam involves trading in matters like precious metals, energies and agricultural commodities.
Some products like agricultural are seeing exponential growth inVietnam.
Fast growing economies like India have a big need for many fundamental raw materials for their population. It follows that countries like Vietnam can take advantage of this circumstance.