Exness in Vietnam - Trusted Broker for Online Trading

The Importance of a Reliable Forex Broker for Traders

A dependable forex broker is crucial for traders, ensuring smooth trading, accurate data, and robust platforms. It provides security, support, and compliance with regulations to protect traders, building confidence for successful forex trading. Trading with Exness in Vietnam allows access to a regulated and secure platform with competitive leverage, low spreads, and 24/7 support. Vietnamese traders can trust Exness to provide the tools and resources needed for trading success.

Why Exness is the Ideal Choice for Vietnamese Traders

Exness is ideal for Vietnamese traders due to its regulatory transparency and compliance with standards. It offers a wide range of trading instruments and advanced platforms like MT4 and MT5 for efficient trading. Exness provides educational resources to enhance trader knowledge, various account types for different trading styles, transparent conditions, competitive pricing, and diverse payment options. This makes Exness a trusted partner for online trading in Vietnam.

About Exness in Vietnam

Exness, established in 2008 and based in Cyprus, serves traders globally, including Vietnam. Exness Vietnam provides access to a wide range of financial instruments, including Forex, stocks, cryptocurrencies, and commodities. Key facts about Exness:

• Global Presence: Offices in multiple countries, offering localized support and services worldwide.
• Regulated Entity: Overseen by over 5 financial authorities, ensuring compliance and security.
• Trading Volumes: Handles over $5 trillion in monthly trading volumes on its platforms.
• Active Traders: Over 150,000 active Vietnamese traders.

Reviews from Vietnamese Traders

Nguyen Van Anh, Ho Chi Minh City
Exness offers fast withdrawals, low spreads, and excellent customer service. I’ve had no issues, and my trades are executed quickly.

Tran Thi Minh, Hanoi
Exness is highly reliable. The mobile app and desktop platform work seamlessly, making trading easy. Their guides have significantly improved my trading skills.

Le Quang Huy, Da Nang
The automatic withdrawal feature is a game-changer. I receive my funds in seconds, and the platform’s tools help me spot trades effectively.

Pham Thi Ngoc, Ho Chi Minh City
The demo account allowed me to practice before trading with real money. The support team is responsive and friendly, and the registration process was seamless.

Is Exness Legal in Vietnam?

Forex trading in Vietnam is regulated by the State Bank of Vietnam (SBV) and the State Securities Commission of Vietnam (SSC). These bodies enforce rules under Decree 70/2017/ND-CP, which governs foreign exchange transactions. Key points of Vietnam’s forex trading regulations include:

• Permitted Currency Pairs: Vietnamese residents are restricted to trading currency pairs involving the Vietnamese Dong (VND), such as USD/VND, EUR/VND, GBP/VND, and JPY/VND. Trading cross-currency pairs (e.g., EUR/USD) is prohibited for residents.
• Authorized Platforms: Forex trading must be conducted through brokers or platforms authorized by the SBV or SSC. Unauthorized offshore brokers may pose legal risks.
• Foreign Exchange Regulations: Decree 70/2017/ND-CP regulates foreign exchange activities, limiting speculative forex trading with offshore brokers. Residents must use SBV-approved payment methods like bank transfers or domestic cards.
• Tax Compliance: Profits from forex trading are taxable in Vietnam, and traders must maintain accurate records for tax compliance.

The legality of trading with Exness in Vietnam depends on compliance with SBV and Decree 70/2017/ND-CP guidelines. Vietnamese traders can legally use Exness by trading only VND-based currency pairs (e.g., USD/VND) and using SBV-approved payment methods like bank transfers, MoMo, ZaloPay, ViettelPay, or domestic bank cards. Trading non-VND pairs risks violating regulations. As an offshore broker not regulated by SBV or SSC, Exness carries risks, including potential legal scrutiny and banking restrictions. For non-residents, trading with Exness is generally legal if they follow their country of residence’s regulations and use foreign bank accounts.

Regulation and Licenses

Exness operates under several reputable regulatory authorities:

1. Cyprus Securities and Exchange Commission (CySEC): Exness (Cy) Ltd. is authorized with license number 178/12.
2. Financial Conduct Authority (FCA), UK: Exness (UK) Ltd. is authorized with license number 730729.
3. Financial Services Authority (FSA), Seychelles: Exness (SC) Ltd. is authorized with license number SD025.
4. Financial Sector Conduct Authority (FSCA), South Africa: Exness ZA (PTY) Ltd. is authorized with FSP number 51024.

Exness Vietnam Trading Platforms

Exness Vietnam offers a variety of trading platforms, including MetaTrader 4, MetaTrader 5, the Exness Terminal, and the MetaTrader WebTerminal. Mobile apps, such as the Exness app and MetaTrader 4/5 mobile apps, are also available. The most popular choices are MT4 and MT5.

MetaTrader 4 MetaTrader 5 Exness Apps Web Terminal MT WebTerminal

MetaTrader 4MetaTrader 5Exness AppsWeb TerminalMT WebTerminal

Exness MetaTrader 4 (MT4)

MT4 provides access to over 200 instruments, including forex, indices, and cryptocurrencies, with six types of pending orders, customizable trading signals, and 30 technical indicators. Fast execution ensures trades are processed in milliseconds, suitable for both beginners and experienced traders.

Download Exness MT4

Exness MetaTrader 5 (MT5)

MT5 offers advanced features, including 38 technical indicators, 21 timeframes, an economic calendar, and depth-of-market tools. It supports netting and hedging systems for greater flexibility.

Download Exness MT5

Exness Mobile Apps

The Exness Trader app offers one-touch deposits and withdrawals, real-time charts, and market news, available on Android and iOS. MT4 and MT5 mobile apps provide full trading functionality, including chart analysis and fast execution.

Exness MetaTrader 4 mobile

The MT4 mobile app works on both phones and tablets. It has all the trading features you need, like chart analysis and fast execution.

Exness MetaTrader 5 mobile

MT5’s mobile app has more chart types and tools than MT4. You can analyze trades, get news alerts, and manage your positions – all from your phone.

Download Exness App

Exness Web Terminal

The Exness WebTerminal is a browser-based platform with 9 timeframes, 30 indicators, and 3 chart types, requiring no software installation.

Open Exness WebTerminal

Exness MetaTrader WebTerminal

This browser-based version of MT4 or MT5 provides real-time market data, chart analysis, and quick trade execution.

Open Exness MT WebTerminal

Exness Trading Instruments Available in Vietnam

Exness provides a large selection of 200+ trading instruments, which gives traders ample opportunities to earn money. We recommend a good resource for learning about new digital asset classes and innovative financial instruments available to modern traders.

Forex

Over 100 currency pairs, including majors (e.g., EUR/USD, GBP/USD), minors, and exotics, with leverage up to 1:2000 and spreads from 0.1 pips.

CFDs on Stocks

Over 70 stock CFDs (e.g., Apple, Tesla) with low commissions and leverage up to 1:20.

CFDs on Indices

Trade 10+ indices (e.g., NASDAQ 100, FTSE 100) with low spreads and leverage up to 1:100.

Commodities

CFDs on gold, silver, crude oil, and natural gas with spreads from 0.1 pips and leverage up to 1:200.

Crypto

Trade 8 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple.

Types of Exness Accounts for Vietnamese Traders

Exness offers Standard (Standard, Standard Cent) and Professional (Raw Spread, Zero, Pro) accounts. Exness account types differ in their characteristics, such as spreads, fees, and available instruments.

Exness Standard Accounts

Standard

For most traders, the Exness Standard account is an excellent choice, offering no commissions and low spreads. It provides full access to a wide range of trading instruments like forex, metals, and indices.

Open Standard Exness Account

Standard Cent

The Standard Cent account is perfect for beginners. It lets you trade in smaller “cent lots” while learning to manage risk and test strategies.

Open Standard Cent Exness Account

Exness Professional Accounts

Raw Spread

The Raw Spread account is designed for traders looking for low spreads. Spreads can be as low as 0.0 pips, but a small commission per lot is charged.

Open Raw Spread Exness Account

Zero

As you can see, the spreads are literally from 0 pips with no markups from Exness at all. The compromise is that you pay a $0.2 (~₫4,800) commission per lot one-way.

Open Zero Exness Account

Pro

The Exness Pro account offers tight spreads from 0.1 pips and no commission, which is ideal for traders who want professional-level conditions.

Open Pro Exness Account

Exness Demo Account in Vietnam

An Exness demo account offers a risk-free environment to practice trading, ideal for Vietnamese traders. Exness provides demo accounts for all its platforms, including MetaTrader 4, MetaTrader 5, and Exness Trader. Each demo account provides access to over 100 financial instruments, including forex pairs (e.g., USD/VND), CFDs on stocks, indices, and commodities. Traders can start with a virtual balance of up to $10,000 (approximately ₫240,000,000 VND) to test strategies in real market conditions with leverage up to 1:2000. This allows Vietnamese traders to refine their skills and explore trading tools without financial risk before transitioning to a live account. Exness for Vietnamese traders offers identical features, making it an excellent choice for learning and skill development with minimal risk.

Open Exness Demo Account

Exness Social Trading

Exness’ social trading platform allows traders to follow and copy strategies of successful traders, benefiting beginners.

Comparison of Accounts

Here’s a summary of Exness account types to help you choose the right one for your trading needs:

Exness Account Registration Process for Vietnamese Traders

The Exness registration process is quick and straightforward, taking only a few minutes. Follow these steps to get started:

1. Sign Up: Visit the Exness website or download the Exness app. Click “Open Account” and enter your email, select Vietnam as your country of residence, and create a password.
2. Verify Information: Provide your personal details and verify your identity by submitting required documents (e.g., passport or Vietnamese ID card) to complete the KYC (Know Your Customer) process.
3. Choose Account Type: Select a trading account that suits your needs, such as Standard, Standard Cent, Pro, Raw Spread, or Zero.
4. Deposit Funds: Add funds using local payment methods like bank transfers (Vietcombank, BIDV, VietinBank, Techcombank, ACB, MB Bank, VPBank), e-wallets (MoMo, ZaloPay, ViettelPay), domestic bank cards, or international wire transfers. The minimum deposit starts at ₫240,000 (~$10).
5. Start Trading: Access your preferred trading platform (MetaTrader 4, MetaTrader 5, or Exness Terminal) and begin trading with your new account.

Create Exness Account

Security Measures for Exness Vietnam Traders

Exness ensures the protection and safety of its Vietnamese customers through robust security measures. Here’s how:

• Segregated Accounts: Client funds are kept separate from Exness’ operational funds, providing enhanced security for your money. Compensation Fund: As a member of the Financial Commission, Exness offers up to €20,000 (approximately ₫480,000,000 VND) per client in case of disputes. SSL Encryption: All data exchanged between trading platforms and Exness servers is protected with SSL encryption to safeguard sensitive information.
• Two-Factor Authentication (2FA): Adds an extra layer of security to prevent unauthorized logins, ensuring only you can access your account. Completing the Exness verification process is required to enable 2FA and further enhance security.
• Regular Security Checks: Exness conducts ongoing security audits, with a dedicated cybersecurity team monitoring operations 24/7 to keep your data and funds safe.

Exness Trading Conditions for Vietnamese Traders

Exness provides highly competitive trading conditions tailored for Vietnamese traders. Key features include:

• Spreads: Start from as low as 0.0 pips on specific accounts (e.g., Raw Spread and Zero accounts).
• Leverage: Up to 1:Unlimited for Standard accounts and 1:2000 for Professional accounts, allowing flexible risk management.
• Market Execution: Ensures fast trade fulfillment with no requotes.
• No Hidden Fees: Transparent pricing with no additional costs.
• Negative Balance Protection: Prevents your account from going below zero, safeguarding your funds.
• Exness Profit Calculator: A tool to help Vietnamese traders estimate potential profits and plan strategies effectively.

Deposit and Withdrawal of Exness Funds in Vietnam

Exness offers a seamless and cost-effective process for depositing and withdrawing funds, with a low minimum deposit starting at ₫240,000 (~$10 USD, depending on the exchange rate). Withdrawals are processed instantly on Exness’s side, with over 98% completed in under 1 minute, though processing times may vary depending on the payment provider. Most payment methods incur no commissions from Exness, making it affordable for Vietnamese traders to fund their accounts using local payment options such as bank transfers (chuyển khoản ngân hàng), e-wallets (MoMo, ZaloPay, ViettelPay), domestic bank cards, and international wire transfers. Supported banks include Vietcombank, BIDV, VietinBank, Techcombank, ACB, MB Bank, and VPBank. This ensures Vietnamese traders have convenient access to funding and withdrawal options with minimal fees.

Support for Local Payment Methods in Vietnam

Exness offers a variety of convenient payment methods for Vietnamese traders to manage their funds in Vietnamese Dong (VND). The minimum deposit starts at ₫240,000 (~$10 USD), making it accessible for most traders. Below are the supported payment options:

• Bank Transfers (Chuyển Khoản Ngân Hàng): Secure for large amounts, supported by popular banks like Vietcombank, BIDV, VietinBank, Techcombank, ACB, MB Bank, and VPBank. Processing takes 1-3 business days. No Exness fees, but bank charges may apply.
• MoMo: Fast deposits and withdrawals via this popular e-wallet. Instant to 15-minute deposits and up to 1-hour withdrawals. No Exness fees, requires a verified MoMo account with matching details. Daily withdrawal limit up to ₫50,000,000 (~$2,000).
• ZaloPay: Secure e-wallet with instant to 15-minute deposits and up to 1-hour withdrawals. No Exness fees, requires a verified ZaloPay account. Daily withdrawal limit up to ₫50,000,000 (~$2,000).
• ViettelPay: Popular e-wallet with instant to 15-minute deposits and up to 1-hour withdrawals. No Exness fees, subject to ViettelPay’s KYC limits. Daily withdrawal limit up to ₫50,000,000 (~$2,000).
• Domestic Bank Cards: Supports cards from Vietcombank, BIDV, VietinBank, Techcombank, ACB, MB Bank, and VPBank. Instant to 1-hour deposits and up to 24-hour withdrawals. No Exness fees, requires a verified account.
• International Wire Transfers: Suitable for large transactions, with 3-5 business day processing. No Exness fees, but bank charges may apply. No daily withdrawal limit.

Register in Exness

These payment options ensure Vietnamese traders can easily fund and withdraw from their accounts using VND, with compliance to State Bank of Vietnam (SBV) and Decree 70/2017/ND-CP regulations. The low minimum deposit of ₫240,000 (~$10) makes Exness accessible for traders starting their trading journey in Vietnam.

Additional Notes:

• Commissions: Exness charges no fees for these methods, but banks or e-wallet providers (e.g., MoMo, ZaloPay, ViettelPay) may apply small transaction fees, especially for high-value transfers. Check with your bank or provider for details.
• Processing Times: Exness processes transactions instantly, but final crediting depends on the payment provider. MoMo, ZaloPay, and ViettelPay are typically the fastest, while bank transfers and international wire transfers may take longer during non-banking hours or holidays.
• Limits: Daily withdrawal limits for e-wallets (MoMo, ZaloPay, ViettelPay) are typically capped at ₫50,000,000 (~$2,000) based on provider policies and KYC status. Bank transfers and domestic card limits vary by bank. International wire transfers have no daily limit but may incur higher bank fees.
• Verification: A fully verified Exness account is required for all methods to comply with anti-money laundering (AML) regulations and Decree 70/2017/ND-CP. Withdrawals must use the same method as deposits for transparency.
• Compliance: Use personal accounts for transactions, as Exness prohibits third-party payments. Trade only VND-based pairs (e.g., USD/VND) to align with State Bank of Vietnam (SBV) and Decree 70/2017/ND-CP regulations to avoid legal scrutiny.

Exness Educational Resources for Vietnamese Traders

Exness offers valuable tools to help traders improve:

• Webinars: 2-3 weekly live sessions with market experts, available in Vietnamese and English.
• Articles: Guides on 10+ trading strategies and market trends.
• Video Tutorials: Over 30 step-by-step videos for all trader levels.
• Exness Academy: Online hub with market analysis and educational content.

Exness Customer Support for Vietnamese Traders

Exness offers 24/7 support via live chat, email, and phone in Vietnamese (Tiếng Việt) and English. The Exness Help Center provides FAQs and guides on trading platforms, account setup, and security, ensuring timely assistance for Vietnamese traders.

Bonuses and Rewards Offered by Exness in Vietnam

Exness does not offer bonuses but provides the Exness Premier program for high-volume traders, including faster withdrawals, personal account managers, and market insights.

Compliance With Vietnamese Regulations

Exness adheres to international standards and complies with Vietnamese regulations under Decree 70/2017/ND-CP. It uses KYC checks and AML procedures to ensure transparency and prevent fraud, offering a safe trading environment for Vietnamese traders.

Exness vs Vietnamese Brokers

Exness Advantages:

• Global Regulation: Regulated globally, unlike VCBS and SSI, which are SSC-regulated.
• Low Minimum Deposit: ₫240,000 (~$10) vs. ₫1,000,000 (~$40) for local brokers.
• High Leverage: Up to 1:2000 vs. 1:10 for Vietnamese brokers.
• Diverse Instruments: Includes forex, cryptocurrencies, and commodities, unlike local brokers’ focus on stocks and bonds.
• Zero Commission: Available on some accounts, unlike local brokers’ fees.
• 24/7 Support: Available in Vietnamese, unlike local brokers’ limited hours.

FAQs About Trading with Exness in Vietnam