ASIC, CySEC, DFSA +2 more
Best Vietnam Forex brokers
In Vietnam, trading Forex is legal and regulated thanks to a clear financial trading framework. The oversight of Vietnam's Forex brokers falls under the State Bank of Vietnam (SBV), the central bank of the nation.
Vietnam holds a total nominal GDP of 449 billion dollars, placing it 34th globally. However, when looking at per capita GDP, it ranks 116th with an evaluation of 4,400 USD per person.
Here, we've listed the top Forex brokers in Vietnam known for their reliability and fair treatment of clients, based on their track records.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
Platforms
MT4, MT5
9.72
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.54
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
9.36
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.18
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
8.82
MT4No deposit bonusCopy tradingPAMMSignals
Regulations
ASIC, CySEC, FCA UK +2 more
Platforms
MT4, Custom
8.64
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
8.46
8.28
Vietnam imposes a capital gains tax of 20%, a considerable amount that requires traders to contribute a significant portion of their profits to the government. Traders in Vietnam's FX market have the opportunity to trade with leverage of up to 20 times their trading capital, as the maximum allowable leverage for retail FX traders is capped at 1:20.
The SBV plays a crucial role in ensuring that trusted Forex brokers in Vietnam adhere to the country's laws and regulations. However, the specific guidelines concerning maximum leverage for retail FX clients remain somewhat open-ended. This flexibility benefits both brokers and traders, offering room for maneuver within the regulatory framework.
