Best Trading Platform Vietnam 2021 – Cheapest Platform Revealed

More and more people in Vietnam are turning to online trading platforms. By choosing a top-rated provider that meets your needs, you’ll likely have access to thousands of tradable markets.

Whether you’re interested in trading stocks, forex, cryptocurrencies, or commodities – there’s certain to be a trading platform for you

In this guide, we review the best trading platforms Vietnam. We also walk you through the process of finding a provider for your needs and getting starting with a Vietnam trading platform today!

Top Vietnam Trading Platforms 2021

As per our in-depth review process, here are the best trading platforms Vietnam to consider in 2021. You can read our full review of each brokerage firm by scrolling down.

  1. eToro – Overall Best Trading Platform Vietnam
  2. Libertex – Low-Cost Vietnam Trading Platform with ZERO Spreads
  3. Capital.com – Best Trading Platform Vietnam for Beginners
  4. Skilling – Trading Platform Vietnam With Leverage of up to 1:500
  5. Plus500 – Best Broker Vietnam for Asset Diversity

Best Trading Platforms Vietnam Reviewed

Whether you’re looking for the best stock trading platforms or forex trading platforms – there’s a provider in Vietnam to suit all taste buds. You do, however, need to spend some time researching the platform to ensure it is regulated, supports your preferred trading market, and offers competitive fees and commissions.

Below you will find a selection of the best trading platforms Vietnam to consider in 2021!

1. eToro – Overall Best Trading Platform Vietnam

We found that eToro wins the award as the best trading platform in Vietnam of 2021. First and foremost, this top-rated brokerage site is heavily regulated – so your money is always safe. This includes a license with reputable financial bodies like the FCA, ASIC, and CySEC.

By going through a quick 10-minute account opening process, you’ll have access to thousands of markets at eToro. If stocks are your thing, this includes over 2,400 shares from 17 international markets. This includes stocks listed in the US, Hong Kong, Germany, the UK. France, and more. You can also invest in 250+ ETFs and 16 digital currencies – including Bitcoin.

eToro also supports hard metals like gold and silver, oil, natural gas, and agricultural commodities. This top-rated provider is also home to a fully-fledged forex trading facility – which covers more than 50 currency pairs. And if you’re seeking a low-cost way to trade these assets, all supported markets on eToro can be bought and sold commission-free. There are no fees to sign up nor will you need to pay any ongoing charges.

A lot of investors in Vietnam choose eToro because it offers passive trading tools. For example, though the eToro Copy Trading feature, you can select a seasoned investor and then copy their trades like-for-like. Or, you might consider an eToro CopyPortolfio. These are managed by the team at eToro, so you can sit back and enjoy a truly passive investment experience. Both of these tools come with no extra fees.

search for stocks on eToro

If you want to start trading with eToro today, you can easily deposit funds. The provider supports Visa and MasterCard, as well as Paypal, Skrill, and Neteller. You can also transfer funds from your Vietnamese bank account. Either way, eToro allows you to trade online or through your mobile phone. In fact, it offers a mobile app that is compatible with both iOS and Android devices. This allows you to trade assets on the move no matter where you are.

Pros:

  • Super user-friendly online stock broker and trading platform
  • Trade thousands of assets with tight spreads
  • 100% commission-free
  • You can also trade stocks, indices, ETFs, cryptocurrencies, and more
  • Deposit funds with a debit/credit card, e-wallet, or bank account
  • Social trading and copy trading
  • Regulated by the FCA, ASIC, and CySEC

Cons:

  • Not suitable for advanced traders that like to perform technical analysis

75% of retail investors lose money trading CFDs at this site

 

2. Libertex – Low-Cost Vietnam Trading Platform with ZERO Spreads

If you’re a day trader or swing trader based in Vietnam, then you’ll want to choose a platform that offers a great combination of tight spreads and low commissions. If this sounds like you, Libertex is one of the only brokers that we have come across that offers zero spreads. This means that you can buy and sell financial instruments at the wholesale rate.

In addition to offering zero spreads on all supported markets, Libertex is really competitive when it comes to trading commissions. The exact commission will vary from asset to asset, but to give you an idea – major markets such as forex, gold, blue-chip stocks, and indices can be traded with at less than 0.1% per slide.

libetex vietnam

This is highly conducive for targeting small profit margins throughout the day. With that said, we should note that unlike eToro, LIbertex doesn’t offer traditional assets. Instead, you will be trading CFD instruments. This does, however, mean that you can trade your chosen market with leverage. You can also go short on all supported assets at Libertex by placing a sell order. Libertex is also great if you are seeking a platform that is compatible with MT4.

On the other hand, if you’re a complete newbie then you might find the Libetex web-trading platform more suitable. This comes with various tools and features that allow you to place your required position – but in a simple and jargon-free manner. Libertex also offers a mobile app for iOS and Android – should you wish to trade on your phone. We also like Libertex for its good selection of educational materials – which includes a full host of beginner-friendly guides.

libetex vietnam

In terms of the fundamentals, Libertex is not only regulated by reputable body CySEC – but it has been active in the CFD trading platform space this the late 1990s. This top-rated Vietnam trading site allows you to easily open an account, and the minimum deposit is just $100. You can fund your Libertex account with a local debit/credit card, e-wallet, or bank transfer. After you meet the initial funding requirement of $100, all future deposits start from just $10.

Pros:

  • Zero spread CFD trading
  • Very competitive commissions – starting from 0% upwards
  • Good educational resources
  • Long established broker
  • Compatible with MT4
  • Great choice of markets

Cons:

  • CFDs only

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

 

3. Capital.com – Best Trading Platform Vietnam for Beginners

new capital.com logoIf this is your first time trading online, you’ll want to choose a platform that is suited for beginners. After reviewing dozens of the best trading platforms Vietnam, we found that Capital.com is arguably the most newbie-friendly. First and foremost, it takes just minutes to open an account – and you will then have access to a fully-fledged demo trading facility.

This means that you can trade in real-world conditions without needing to risk any of your own money. Once you get comfortable with how the Capital.com trading platform works – you can then proceed to deposit some funds. The best thing about the funding process at this top-rated platform is that you only need to meet a minimum of $20. This is an inconsequential amount that allows you to experience what it’s like to win and lose on your chosen trading market.

Capital.com Vietname reviewWe should also note that Capital.com offers an abundance of educational guides and videos. In fact, it even offers a mobile app -InvestMate, that comes packed with learning resources – such as mini-courses and risk-management tips. In terms of what you can trade at this beginner-friendly provider, Capital.com specializes in CFD instruments. This covers a variety of markets, including stocks, indices, hard metals, energies, forex, and cryptocurrencies.

Capital.com Vietname review

Like all CFD trading sites, Capital.com supports leverage and short-selling. When it comes to security and safety, Capital.com is heavily regulated. This includes a license with both the FCA and CySEC. This top-rated Vietnam trading platform also has great reviews on the Google Play and Apple app stores. Regarding the latter, the app carries a rating of 4.7/5 – which is across most than 5,700 verified reviews.

Pros:

  • Huge selection of financial instruments
  • 100% commission-free trading
  • Clear fee reports when trading
  • Excellent market research and analysis
  • 24/7 customer support

Cons:

  • Doesn’t support price alerts

Your capital is at risk.

 

4. Skilling – Trading Platform Vietnam With Leverage of up to 1:500

Skilling logoLaunched in 2019, Skilling is arguably the best trading platform Vietnam if you are seeking high levels of leverage. Although best reserved for traders with a firm understanding of the risks, Skilling offers leverage of up to 1:500. This means that by meeting the minimum deposit threshold of $100 – you will effectively have up to $50,000 in available trading capital.

This top-tier leverage rate of 1:500 is available on major forex pairs like GBP/USD, EUR/USD, and AUD/USD. You can also get 1:500 leverage of major indices – such as the Dow Jones 30 and NASDAQ 100. Other CFD asset classes at Skilling come with lower limits. For example, minor forex pairs and gold can be traded at 1:200, minor indices and non-gold commodities at 1:100, and stocks at 1:10.

skilling review

Ultimately, having access to such high levels of leverage means that you can start trading with a small amount of capital. While Skilling offers a great selection of stock markets and asset classes, it really excels when it comes to cryptocurrencies. You can trade the likes of Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and more against the USD. As a CFD platform, you can even short-sell cryptocurrencies on Skilling.

When it comes to trading fees and commissions, Skilling offers a headline spread of just 0.01 pips on major markets. Best of all, it doesn’t charge any commissions, so all fees are built into its already tight spreads. In terms of usability, we would argue that Skilling is suitable for Vietnamese traders of all shapes and sizes. For example, if you’re a newbie, you’ll find the Skilling web-trading platform clean, simple, and easy to navigate.

SKILLING REVIEW

If you’re seeking more advanced trading tools, you can also trade via MT4 or cTrader. Skilling itself notes that its platform is compatible with third-party robots, so you can use the aforementioned providers to install a forex EA. If you like the sound of Skilling but you are concerned about its relatively short time in the online trading scene – you shouldn’t be. This top-rated Vietnam trading platform is regulated by the FSA and CySEC, and authored by the FCA.

Pros:

  • More than 800 financial instruments
  • Commission-free share trading with tight spreads
  • Great for newbies
  • Supports algorithmic trading
  • Compatible with MT4 and cTrader
  • User-friendly mobile app for iOS and Android

Cons:

  • Does not support ETF trading
  • High leverage limits not suitable for inexperienced traders

75% of retail investor accounts lose money when trading CFDs with this provider.

 

5. Plus500 – Best Broker Vietnam for Asset Diversity

Plus500 LogoIf you’re looking for the best broker Vietnam for asset diversity – Plus500 is likely to be of interest. This heavily regulated CFD trading site offers thousands of financial markets across every asset class imaginable. At the forefront of this is a huge forex trading facility – which includes dozens of majors, minors, and exotics.

If stocks are more your thing, Plus500 offers CFDs on heaps of international markets. This includes companies listed in Europe, North America, Asia, and more. Other popular CFD markets on Plus500 include hard metals, energies, interest rates, indices, and ETFs.

This top-rated platform offers leverage of up to 1:300 on major currency markets and slightly less on other assets. Plus500 also stands out for us as one of the best trading platforms Vietnam as it does not charge any commissions. You will find that spreads are typically tight too – especially during busy trading hours. In terms of useability, Plus500 isn’t overly advanced when it comes to performing technical analysis. It isn’t compatible with MT4 or cTrader, either.

plus500 spreads review

It does, however, offer an abundance of trading tools that allow you to buy and sell in a risk-averse manner. For example, you can deploy stop-limit, stop-loss, trailing-stop, and guaranteed-stop-loss orders. There is also Negative Balance Protection – which is crucial if you are planning to use Plus500 to trade with leverage. We also like the alerts that you can set up. For example, you can elect to receive a mobile alert when one of your chosen assets hits a certain price-point or moves by a pre-defined percentage.

plus500 markets

When it comes to reputation, Plus500n really stands out. This top-rated Vietnam trading platform is authorized in various jurisdictions – including but not limited to the UK, Australia, and Singapore. Its parent company – Plus500 Ltd, is listed on the London Stock Exchange, too. At the time of writing, the stock holds a market capitalization of over £1.4 billion. Finally, getting started at Plus500 requires a minimum deposit of just $100 – and you can use a debit/credit card, Paypal, or bank transfer.

Pros:

  • A commission-free CFD trading platform
  • Tight spreads and no deposit/withdrawal fees
  • Huge library of CFD markets
  • Leverage offered on all financial instruments
  • Plenty of features including risk management tools and price alerts
  • Heavily regulated
  • Minimum deposit just $100

Cons:

  • No copy trading tools
  • CFDs only

76.4% of retail CFD accounts lose money.

 

How to Choose the Best Trading Platform Vietnam for You

We have discussed the best brokers Vietnam – as per our research findings. However, it’s still wise to do a bit of research yourself before opening an account with a broker.

For example, the platform might offer really low fees, spreads, and commissions – but if it doesn’t support your preferred financial market – it won’t be suitable.

Below we discuss the many metrics that need to be considered in your search for the best trading platform Vietnam of 2021.

Regulation

Before you start exploring tradable markets and fees, you must ensure that the trading platform is regulated. As you might have noticed from our selected providers discussed above, all of the trading platforms are located overseas.

  • This is because financial bodies like the FCA (UK) and CySEC (Cyprus) have a great reputation for keeping trading platforms safe and fair.
  • For example, our top-rated trading platform eToro is regulated by three financial bodies.
  • These bodies ensure that eToro keeps your money in separated bank accounts from its own – meaning it can’t use client capital to settle its own debts.

Additionally, by choosing a trading platform that is heavily regulated, you’ll be accustomed to transparent fees and institutional-grade security practices. If you do come across a trading platform in Vietnam that isn’t regulated, you should walk away. After all, you won’t have regulatory oversight of any sort, so the platform is not required to implement investor protections.

Assets

Perhaps the next things that you should explore is what assets the provider gives you access to. We find that the best trading platforms Vietnam cover a variety of marketplaces.

This might include the following:

  • Stocks
  • Indices
  • ETFs
  • Cryptocurrencies
  • Hard Metals
  • Energies
  • Agricultural Commodities
  • Bonds and Interest Rates
  • Forex

Crucially, you also need to check whether you are buying traditional assets or trading CFDs. This is important, as the underlying financial instrument will determine whether it’s suitable for short-term or long-term strategies.

For example, if you are looking to invest in stocks like Apple, Tesla, or Amazon – and you plan to keep the shares in your portfolio for many years, you’ll want to choose a broker like eToro. This is because the platform allows you to buy over 2,400 stocks in the traditional sense – meaning that you will own the shares and thus – be entitled to dividends.

etoro CFD markets

On the other hand, if you are more of a day trader, then you will likely want to choose a trading platform in Vietnam that supports CFD instruments. You won’t own the underlying asset, but you will be able to apply leverage and short-sell. eToro also offers CFD markets, so the platform gives you the best of both worlds.

Fees

Most traders in Vietnam seek platforms that offer low fees and commissions. This is important, as it ensures your trading profits are not eaten away at by unnecessary brokerage charges.

There are, however, many potential fees that you need to take into account – which we discuss in more detail below.

Commission

Trading commissions are charge by most, but not all platforms in Vietnam. If a commission is payable, this will be charged when you enter your chosen market and again when you close the position.

For example:

  • Let’s say that the trading platform charges a commission of 0.6% on minor forex pairs
  • You stake a total of $500 on your trade
  • This results in a commission of $3 ($500 x 0.6%)
  • When you close the trade a few weeks later, your position is worth $800
  • This results in a commission of $4.80 ($800 x 0.6%)

In other cases – especially when investing in traditional shares or bonds, trading platforms in Vietnam will charge a flat fee. For example, you might need to pay $10 every time you buy or sell a stock. This suits those investing large amounts, as a small flat fee translates into a small variable commission.

The good news is that trading platforms like eToro charge no commission at all. This is the case with traditional stocks and ETFs, as well as its CFD markets. Instead, top-rated providers like eToro build all trading fees into the spread – which we explain in more detail below.

Spreads

Even the best brokers Vietnam charge spreads – with the only exception being Libertex. Spreads are how commission-free brokers make money – irrespective of which way the markets go.

  • You can view the spread in pips when trading forex.
  • For example, if the buy price of GBP/USD is 1.35008 and the sell price is 1.35002 – the spread here is 0.6 pips.
  • You would therefore need to make gains of 0.6 pips to get back to the break-even point

Other asset classes are typically viewed in percentage terms when assessing the spread.

etoro spreads

  • For example, let’s suppose you are trading the SPX500 Index at your chosen Vietnam trading platform
  • The sell price is 3907.53 points
  • The buy price is 3908.18 points
  • In percentage terms, the difference between the two prices amounts to 0.016%
  • This means you need to see gains on your SPX500 trade of 0.016% to break even

To clarify, the above spreads are very competitive – and were taking in real-time from your top-rated Vietnam trading platform eToro.

Other Fees

Other fees to consider in your search for the best trading platform Vietnam include:

  • Margin Fees: Otherwise referred to as ‘swap fees’ or ‘overnight financing’, margin fees are applicable to all CFD trades. Put simply, as leverage financial products, you need to pay a fee for each day that you keep your CFD trade open. This will vary depending on the platform, CFD asset, and amount of leverage you apply.
  • Inactivity Fees: Most providers charge an inactivity fee when you have a positive account balance but do not trade for a certain period of time. This is usually after 12 months of inactivity – so always withdraw your balance if you are planning to take a break from the platform.
  • Transaction Fees: Some trading platforms in Vietnam will charge you a fee when depositing and/or withdrawing funds.
  • Currency Conversion: Make no mistake about it – the best brokers are based outside of Vietnam. As such, there is every chance that the provider will charge you a currency conversion fee when you add funds in Vietnamese dong. This will likely be converted to US dollars – which then gets you unfettered access to the global financial markets.

The best trading platforms Vietnam typically offer a pricing table on their website, which should outline all of the fees discussed above.

Trading Tools & Features

The most successful investors and traders in Vietnam will utilize a range of tools that allows consistently outperform the market. Some of the best tools offered by top-rated Vietnam trading platforms include the following:

Copy Trading

If you are a complete newbie that has never traded before, you might want to use a platform that offers Copy Trading tools. This can come in various forms. For example, some traders in Vietnam will deploy automated robots via third-party platforms MT4, MT5, or cTrader.

eToro copy trading

However, most of these robots are unreliable – with the respective software provider making bold claims that rarely come to fruition. Instead, we would suggest using a Copy Trading service that is offered directly from a regulated trading platform.

For example, eToro allows you to choose from thousands of verified traders – with the selection process based on historical returns, preferred asset, and risk rating. Once you choose a trader, you can then copy all future positions in a fully automated manner.

Leverage

As we noted earlier, a lot of traders in Vietnam will pick a platform that offers high levels of leverage. This is because you can execute much large trading positions than your account balance permits.

For example, Skilling offers Vietnamese traders leverage of up to 1:500 on major forex pairs and indices.

This is what a successful leveraged trade at Skilling would look like when using the maximum amount of leverage available to you:

  • You risk $100 on a Dow Jones 30 CFD buy order
  • You apply leverage of 1:500
  • A few days later, you close your Dow Jones 30 CFD position at gains of 10%
  • Ordinarilly, gains of 10% on a $100 stake would amount to just $10
  • However, you applied leverage of 1:500 on Skilling, so your profits are amplified to $5,000

With that said, applying such high levels of leverage – especially if you are a newbie, is not recommended. Don’t forget, leverage amplifies both your profits and losses – so tread with caution.

Research and Social Trading

When trading online, it’s important that you are kept abreast of key market developments. For example, if your chosen stock announces that it will be cutting its impending quarterly dividend, this will likely see the shares drop in value.

Or, if you’ve invested in a cryptocurrency and news breaks of a major multi-million-dollar exchange hack – this would also have a negative impact on its price.

eToro social trading

Either way, the best trading platforms Vietnam allow you to keep up to date with the wide financial markets. eToro particularly stands out here, as the provider offers a social trading news feed. This allows you to share trading ideas with other Vietnamese investors – in a safe and public setting.

As you can see from the image above,  an investor from Vietnam is discussing her views on VinaCapital Vietnam Opportunity Fund Limited – which eToro allows you to trade commission-free!

Order Types

The best trading platforms Vietnam that we reviewed offer a good selection of orders.

At platforms like eToro, Libertex, and Capital.com – this includes:

  • Buy and Sell Orders
  • Market and Limit Orders
  • Stop-Loss Orders
  • Take-Profit Orders
  • Trialling Stop-Loss Orders

These order types offer the perfect balance between flexibility and risk management. Platforms like Plus500 go one step further by also offering guaranteed stop-loss orders.

Pricing Chart

Unless you are looking to buy solid long-term investments like blue-chip stocks or bonds, you’ll likely need access to real-time pricing charts. You don’t want to have to get this information from a third-party provider, so we prefer trading platforms in Vietnam that offer in-house technical analysis tools.

eToro charts

For example, eToro offers a simple but effective charting area on all of its supported assets. Clearly displayed with red and green candlestick bars, you can adjust the time-frame to suit your trading strategy.

If, however, you need access to advance technical indicators and chart drawing tools, you might want to consider Libertex. This is because the top-rated Vietnam trading platform is compatible with MT4 – which is known for its enhanced charting tools and features.

User Experience

We can’t stress enough how important it is to choose a Vietnamese trading platform that is user-friendly. Not only should this be the case on the main desktop version of the trading platform, but the mobile app, too. After all, you are going to be investing and subsequently risking your hard-earned money.

trade forex on eToro

With this in mind, you don’t want to place an order only to find out that you made a mistake. The process of finding your preferred market should also be simple, as should the deposit/withdrawal process. You should also keep an eye on the platform’s execution speed when you place orders.

trade forex on eToro

If there is a delay, this could be detrimental for your position – especially when you factor in the potential of slippage. All of the trading platforms that we have discussed on this page offer a seamless and user-friendly trading experience – both online and via the respective mobile app.

Demo Account

In the section above, we discussed the importance of choosing a platform that offers a great user experience. The key problem is that it’s often difficult to know whether or nor this is the case until you actually start trading.

And of course, in order to do this, most providers ask you to make a deposit before giving you access to the trading arena. The good news is that all of the best trading platforms Vietnam that we reviewed on this page offer demo accounts.

There is no need to deposit any funds to gain access, so you can test out your trading strategies without risking any money. And of course, you’ll be able to get a full overview of whether or not the platform offers a suitable user experience for your skill-set.

Mobile App

Experienced traders in Vietnam will almost always combine online trading with a mobile app. On the one hand, the vast majority of trading will be completed on the provider’s desktop website.

However, if you are away from your device and you want to enter or exit a trade, it’s best to have access to a mobile app that is connected to your brokerage account.

eToro app

The best mobile trading apps in Vietnam offer all of the same features and tools as found on the main desktop website.

At a minimum, this should include the ability to:

  • Deposit and withdraw funds
  • Check the value of your portfolio
  • Review pending orders
  • Place buy and sell positions
  • Research charts and fundamental news
  • Set up pricing alerts

In all but a few rare cases, the best trading platforms Vietnam will offer a mobile app that is available on both iOS and Android devices.

Payment Methods

One of the main stumbling blocks that Vietnamese traders have is being able to deposit funds with a local payment method. With that said, the best trading platforms Vietnam support a full range of popular deposit options – subsequently allow you to fund your account with ease.

For example, eToro supports Visa and MasterCard payments – which most banks in Vietnam now issue. The provider also supports popular e-wallets, including Paypal, Skrill, and Neteller. Alternatively, you can also transfer funds from your bank account.

As we briefly noted earlier, you do need to keep an eye on FX conversion fees. With that said, eToro charges a very reasonable 0.5% on deposits made in Vietnam. The deposit will instantly be converted to US dollars – which then allows you to trade thousands of supported markets at the click of a button.

Customer Service

An additional metric that you need to explore is what customer service options are accessible to you in Vietnam.

After all, if you want to trade with the best platforms in the market – you’ll need to use a provider located overseas. In turn, be sure to check what hours the support team is available.

At eToro, not only does the provider support Live Chat, but the support team is available 24 hours per day between Monday and Friday. This ensures that you do not need to make an expensive telephone call during the night!

How to Start with the Best Trading Platform Vietnam

Now that we have discussed the many considerations that need to be made in your hunt for the best trading platform Vietnam – we are now going to show you how you can get started with your first trade.

The step-by-step process below explains how to use regulated and commission-free platform eToro, which is super popular with investors in Vietnam.

Step 1: Open an Account

All new customers on eToro must first open an account – even if you only want to use the demo trading facility. Fortunately, this takes minutes and simply requires some personal information from you.

eToro sign up

Follow the on-screen instructions by providing the following information:

  • Personal Information
  • Contact Details
  • National Tax Number
  • Prior Trading Experience

eToro will also send a PIN to your Vietnamese mobile number. Enter this when prompted to verify your phone.

Step 2: Confirm Identity

As per anti-money laundering laws, all traders from Vietnam must upload a couple of verification documents.

This includes:

  • Valid passport or driver’s license
  • Utility bill or bank account statement (issued within the last 3 months)

Step 3: Deposit Funds

Alongside 13 other currencies, eToro accepts deposits in Vietnamese dong.

You can make a deposit with one of the following payment methods:

  • Visa
  • MasterCard
  • Maestro
  • Paypal
  • Skrill
  • Neteller
  • Bank Transfer

Don’t forget – although eToro supports the Vietnamese dong, the funds will instantly be converted to US dollars. In turn, this will incur a 0.5% FX fee.

Step 4: Search for a Trading Market

Now you have deposited some funds, you can start trading. To go straight to the market that you wish to trade, use the search box at the top of the screen.  eToro vietnam how to trade

As you can see from our example above, we are searching for the ‘VinaCapital Vietnam Opportunity Fund’.

For those unaware, this is an investment fund that gives you access to the broader Vietnamese economy – and includes stocks and other assets from a variety of domestic markets and industries.

Step 5: Place a Trade

Once you click on the ‘Trade’ button next to your chosen financial instrument, you then need to set up an order.

In our example below, we are simply looking to invest in the VinaCapital Vietnam Opportunity Fund –  so we don’t need to worry about leverage or limit orders. Instead, we just need to enter our stake. We’ve opted for the minimum, which is just $50.

eToro vietnam how to trade

To complete your commission-free order, click on the ‘Open Trade’ button!

Conclusion

The online trading scene in Vietnam is growing at an exponential rate. Not only does this include conventional online trading paltforms, but investment apps, too. As such, more andmore regulated providers are now loooking to increasre their exposure to the Vietnamese retial client space.

Having reviewed dozens of providers, we found that the best trading platform Vietnam is eToro. This popular provider allows you to trade forex, stocks, commodities, cryptocurrencies and more – all wihtout needing to pay any commission. You can easily deposit funds in Vietnamese dong and of course – you’ll benefit from a strong regulatory framework.

You can place your first commisison-free free at eToro right now by clicking on the link below!

eToro – Best Trading Platform Vietnam with 0% Commission

Your capital is at risk.

75% of retail investor accounts lose money when trading CFDs with this provider.

 

FAQs

Is online trading in Vietnam legal?

Yes, regulated active brokers now offer retail investor accounts to Vietnamese traders.

How do I trade stocks in Vietnam?

Is forex trading legal in Vietnam?

Although forex trading brokers are not allowed to operate within domestic borders, there are no regulations in place stopping Vietnamese traders from using offshore forex platforms. Just make sure that you choose a regulated forex trading platform like eToro, Libertex, or Capital.com.

What are the best brokers Vietnam for low fees?

If you're looking for the best brokers Vietnam for low fees, eToro allows you to trade thousands of assets commission-free. Spreads are tight on most marketplaces and the provider charges just 0.5% to deposit in Vietnamese dong..

How much leverage can you get in Vietnam ?

The best broker Vietnam for leverage is potentially Skilling - which offers up to 1:500 on major forex pairs and indices.

What is the best Vietnam investment?

If you want to invest in the wider Vietnamese economy, you might want to consider an ETF that tracks domestic companies. The most notable example that we came across is the VinaCapital Vietnam Opportunity Fund. The fund in question gives you access to heaps of assets that track the Vietnamese economy. This includes public stocks, financial services, private assets and equity, and real estate. You can invest in this fund on eToro from just $50 upwards, commission-free.

How much do you need to trade in Vietnam?

This depends on the broker you sign up with. For example, the best broker Vietnam that we came across, eToro, requires a minimum trade size of just $25 on crypto, and $50 on stocks and ETFs. Other platforms will have their own minimums, so be sure to check this before signing up.

 

About Alan Lewis

Alan is an experienced finance and investment writer who is an expert on the stock market.