Best Market Maker Forex Brokers in Vietnam

Last updated September 2, 2026

The top regulated brokers offering Market Maker accounts to Vietnam traders — compared on spreads, fees, regulators, and minimum deposit.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated by SBV (State Bank of Vietnam) - No formal forex regulationLocal deposits: MoMo, ZaloPayAccounts in VND (Vietnamese Dong)
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Vietnam

#1
XM
XM
Review
#2
AvaTrade
AvaTrade
Review
#3
Exness
Exness
Review
Full Comparison
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Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Sep 2026

Our 2 top picks for Market Maker in Vietnam

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for Market Maker in Vietnam
XM

XM

Offers Market Maker
Min. deposit 125,000 VND
  • Offers Market Maker
  • Regulated: FCA, CySEC, ASIC
  • Minimum deposit 125,000 VND
FCA, CySEC, ASIC
#2 · Best alternative
AvaTrade

AvaTrade

Offers Market Maker
Min. deposit 2,500,000 VND
  • Offers Market Maker
  • Regulated: CBI, FCA, ASIC
  • Minimum deposit 2,500,000 VND
CBI, FCA, ASIC

Why these two

Both brokers here are confirmed to offer Market Maker for Vietnam traders — this list only includes brokers we've verified have this specific feature, not every broker that's generally popular in Vietnam.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.

What do Market Maker brokers actually cost Vietnam traders?

Across the 4 Market Maker brokers available to Vietnam traders on this page, the median researched EUR/USD spread is 0.5 pips, ranging from 0.0 to 0.9 pips, with 4 of those figures taken from the broker's own published specification.

Market Maker brokers for Vietnam traders

Market maker brokers in Vietnam provide their own liquidity — offering guaranteed fills, instant execution, and fixed or near-fixed spreads. Our current ranking starts with XM where it is available, followed by AvaTrade, Exness, and HFM. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 4 brokers for Vietnam traders. The median minimum deposit across the listed brokers is $62505 — mid-range, so check funding options before choosing. Local oversight for Vietnam traders sits with SBV / SSC. Forex trading is not legally authorized in Vietnam, though it is widely practiced through international brokers. Tier-1 regulation is the main safety net. Oversight relevant to traders in Vietnam sits with SBV / SSC. Locally, traders in Vietnam can fund accounts through MoMo, Viettel Money at brokers that support them — a rail that is unavailable in most other markets. Brokers rarely offer VND-denominated accounts, so traders in Vietnam usually fund in USD and carry an FX conversion cost on deposit and withdrawal.

Country Offers

Available offers for Vietnam traders

Verified broker incentives that may be available in this market. We keep these below the core safety and pricing checks so the shortlist still feels editorial-first.

Browse All Promotions

Exness

FCA (UK)
Cashback / Rebate

Up to 90% Daily Spread Rebates

Earn up to 90% of spread/commission back daily via partner codes. Premier clients earn 200-600 EXD.

Verified Jun 15, 2026

HFM

FCA (UK)
Deposit Match

100% Supercharged Bonus + Daily Rebates

100% SuperCharged bonus credit plus daily rebates on qualifying Forex and Gold volume.

Verified Jun 15, 2026

AvaTrade

Central Bank of Ireland
Welcome Bonus

Up to 40% Deposit Bonus (Max $10,000)

Up to 40% welcome deposit bonus, max $10,000. Tiered from $50 bonus on $250 deposit upward.

Verified Jun 15, 2026

Vietnam Trading Guide

Regulated by
SBV (State Bank of Vietnam) - No formal forex regulation
Legal status
Unregulated - International brokers commonly used
Accounts in
VND (Vietnamese Dong)
Popular pairs
EUR/USD, GBP/USD, XAU/USD
Available in Vietnam
MoMoZaloPayZaloPayVNPayVietcomBankTechcombankBIDVACB BankSkrillSkrill
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Best regulated brokers for Vietnam traders

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Key Features for Vietnamese Traders

4 brokers · how we rank

Compare essential broker features for traders in Vietnam.

BrokerWithdrawalCommissionOpen timeUSDJPYRegulation & fundingAction
1.6125,000 VND24 hoursNoneSame day1.4
No tier-1 licence listed
0.92,500,000 VND1-2 business daysNone1-3 days1.0
No tier-1 licence listed
1.0$10InstantNoneSame day1.0
No tier-1 licence listed
0.00 VND24 hoursNoneSame day0.0
No tier-1 licence listed
Rank 01 · best overall
XM
Spread
1.6
Min dep.
125,000 VND
Withdrawal
24 hours
Commission
None
Open time
Same day
USDJPY
1.4
Visit XM Read review
Rank 02
AvaTrade
Spread
0.9
Min dep.
2,500,000 VND
Withdrawal
1-2 business days
Commission
None
Open time
1-3 days
USDJPY
1.0
Visit AvaTrade Read review
Rank 04
HFM
Spread
0.0
Min dep.
0 VND
Withdrawal
24 hours
Commission
None
Open time
Same day
USDJPY
0.0
Visit HFM Read review

We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.

In-Depth Broker Analysis

Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

XM logo
Our Rating
4.5/5.0
Best ForExcellent education resources.
Min Deposit125,000 VND

XM Review Summary

XM offers comprehensive educational resources and webinars. Multiple account types with competitive spreads for Vietnamese traders.

Pros
  • Regulation varies by entity
  • Minimum deposit: 125,000 VND
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
AvaTrade logo
Our Rating
4.5/5.0
Best ForMulti-regulated broker.
Min Deposit2,500,000 VND

AvaTrade Review Summary

AvaTrade is multi-regulated (CBI, FCA, ASIC) with strong client protection. AvaTradeGO mobile app available.

Pros
  • Regulation varies by entity
  • Minimum deposit: 2,500,000 VND
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Standard — compare account types before opening
Exness logo
Our Rating
4.5/5.0
Best ForBest for Vietnamese traders.
Min Deposit0 VND

Exness Review Summary

Exness offers seamless integration with Vietnamese banks and MoMo wallet. Instant withdrawals and zero minimum deposit.

Pros
  • Regulation varies by entity
  • Minimum deposit: 0 VND
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
HFM logo
Our Rating
4.5/5.0
Best ForZero minimum deposit.
Min Deposit0 VND

HFM Review Summary

HFM offers zero minimum deposit and zero spreads on select accounts. Islamic swap-free accounts available.

Pros
  • Regulation varies by entity
  • Minimum deposit: 0 VND
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening

Frequently Asked Questions About Market Maker Forex Brokers in Vietnam

Frequently Asked Questions

The best market maker brokers for Vietnam in 2026 include IG, AvaTrade, CMC Markets, and XM — all tier-1 regulated with transparent pricing and reliable execution.
Not necessarily. Large regulated market makers (IG, CMC) hedge client flow and profit from spreads, not client losses. The 'market maker = scam' narrative applies mainly to unregulated offshore entities. Regulation is the key differentiator.
Market makers provide their own quotes and act as counterparty; ECN brokers pass orders to external liquidity providers. Market makers offer guaranteed fills and fixed spreads; ECN offers tighter variable spreads with commission.
Many do — fixed spreads are a key advantage of market makers. Even those with variable spreads keep them tighter and more stable than ECN brokers during volatile periods or low liquidity.
It depends on the broker. Some market makers restrict scalping or ultra-short-term trading. IG and CMC Markets generally allow scalping. Always check the broker's terms before opening an account.
Typically yes — market makers embed their profit in wider spreads. An ECN might offer 0.1 pips + $7/lot commission, while a market maker offers 1.2 pips with zero commission. Total cost may be similar.
Forex trading in Vietnam: Forex trading is not legally authorized in Vietnam, though it is widely practiced through international brokers. Tier-1 regulation is the main safety net. The market is overseen by SBV / SSC. Verify your own eligibility with the broker before funding an account — rules can change and we date-stamp this page when they do.

Top Searched Questions

Can Vietnamese traders access forex markets?

While Vietnam's State Securities Commission regulates capital markets, retail forex trading exists in a regulatory gray area. Many Vietnamese traders use internationally regulated brokers offering VND deposits via local banks. Choose Tier-1 regulated brokers and be aware of local banking restrictions on forex transfers.
Information automatically localized based on "forex trading vietnam" and related trends.

Sources & References

  1. Exness
  2. XM
  3. AvaTrade
  4. HFM
  5. FCA
  6. CySEC

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Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.

Affiliate Disclosure:

BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.

Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.

How we measured this — Market Maker brokers for Vietnam traders

Across the 4 Market Maker brokers available to Vietnam traders on this page, the median researched EUR/USD spread is 0.5 pips, ranging from 0.0 to 0.9 pips, with 4 of those figures taken from the broker's own published specification.

median researched EUR/USD spread
0.5 pips
Brokers measured
4
Linked to broker spec
4 of 4
Data as of
2026-09-02

Figures compiled by BrokerAnalysis from each broker's own published specification where available, otherwise from our broker catalogue. Per-broker spreads, minimum deposits and regulators are listed in the comparison table on this page. Spreads are typical, not guaranteed, and change with market conditions.

Sources: get.exness.help · xm.com · avatrade.com · hfm.com

What changes locally

  • Oversight relevant to traders in Vietnam sits with SBV / SSC.
  • Locally, traders in Vietnam can fund accounts through MoMo, Viettel Money at brokers that support them — a rail that is unavailable in most other markets.
  • Brokers rarely offer VND-denominated accounts, so traders in Vietnam usually fund in USD and carry an FX conversion cost on deposit and withdrawal.