1,062 broker-country pairs measured448 brokers20 countriesformula v1.0recalculated 2026-07-09data re-captured 2026-07-09updated 1 day agoAffiliate links never change scores.

Mitrade in VN — review, licence and costs

NHNguyễn Thu Hà author DMDaniel Mercer editor TQTrần Minh Quân fact-checker score recalculated 01.10.2026
yesAccepts residents of VietnamOpened by Mitrade (Vietnam) JSC, SSC licence no data, register checked 2026-07-09

Score (35 of 72 of 72 axes)

3.45/ 5.0

shown, not ranked: no reviews

  • Reviews25%no data
  • Reviews20%cost 100
  • Reviews20%safety 0
  • Reviews15%no data
  • Reviews10%track_record 75
  • Reviews10%platforms 15
2 + 3 × 0.751 = 4.25 · axes on 0–100, total on 2.0–5.0

Key facts (35 of 72 fields)

Onboarding entity
Mitrade Holding Ltd
Founded
2011
Min deposit
20 USDVN
Retail leverage
200VN
Round turn
4 USDVN
Withdrawal
no data hVN
Currencies
USD, AUD, EUR; no VND account.
Swap-free account
no

Licence check (35 of 72 of 72 entity)

SSC · Securities company licence
no data
Active on registerchecked 2026-07-09https://compareforexbrokers.com
Open an account with Halden

Affiliate link; the score does not change. CFDs carry a high risk of rapid loss due to leverage.

Taxes for a Vietnamese resident(35 of 72 rules · as of 10.2026)

  • Vietnam has no forex-specific tax code;https://compareforexbrokers.comdomain

Not tax advice. Check with the General Department of Taxation.

Who actually onboards you(35 of 72 local and 1 offshore entity in the group)

  1. Sign-up from a Vietnam addressRouted to Vietnam JSC by residence, not by IP.
  2. KYC by Vietnam JSCcitizen ID card and proof of address.
  3. Contract with the JSCSSC rules apply; complaints go to SSC.
  4. Client moneySegregated with a Vietnam bank; bank name no data
Local entityUsed for Vietnamese residents
  • Mitrade (Vietnam) JSC, SSC 102/GPKD-UBCK
  • Retail leverage 1:50VN
  • Negative balance protection: yes
Offshore entityNot used for Vietnamese residents
  • Halden Global Ltd, FSA Seychelles
  • Leverage 1:1000group
  • No SSC complaints route

If the sign-up form ever lands you on the Seychelles entity, the SSC licence above does not cover your account.

Leverage by entity (35 of 72 of 72 entities stated)

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Vietnamese residents enters the score.

Local entity · onboards youLocal entitylocal · SSC licence no data
1:500VN
Vietnam median, local entities: 1:50 · 18 of 20 statedApplies to you
Local entity · onboards youOffshore entityoffshore · SSC licence no data
1:500VN
Vietnam median, local entities: 1:50 · 18 of 20 statedApplies to you

Scale from 1:10 to 1:3000, logarithmic.

Client protection (35 of 72 of 72 stated)

  • Local entity onboards youNot locally regulated; margin forex/CFD trading by individuals is not permitted under Vietnamese law, so Mitrade operates in a gray area.client agreement §4.2 · page
  • Segregated client fundsno dataclient agreement §4.2 · page
  • Negative balance protectionno dataclient agreement §4.2 · page
  • Investor compensation schemeno dataclient agreement §4.2 · page
  • Regulator warning on filenone foundclient agreement §4.2 · page

“no data” means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Price against Vietnam market median(priced from 35 of 72 of 72)

Round turn, 1 lot EURUSD, spread plus commission, USD
Halden Raw6.20
Vietnam median, raw and swap-free9.20
Halden Standard11.40
Vietnam median, standard (35 of 72 priced)13.90
InstrumentHalden Raw, USDHalden Std, USDVietnam median rawVietnam median stdPriced

Medians run over the brokers that publish a Vietnam price, never over all 44. Group-wide prices are excluded.

Accounts(35 of 72 types)

AccountMin deposit, USDEURUSD spread, pipsCommission, USDLeverageSwapCurrencies

Swap-free account terms (35 of 72 terms · 5 stated)

TermHalden, Vietnam

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Payouts(35 of 72 of 72 methods timed)

MethodDeposit, hWithdrawal, hFee, USDMin, USD

Deposit and withdrawal methods (35 of 72 methods · 2 local)

  • Local VND rails not verified; cardlocal
    Deposit
    instant
    Withdrawal
    deposit only
    Fee
    no data
  • wire offshorelocal
    Deposit
    instant
    Withdrawal
    deposit only
    Fee
    no data
Account currency
USD, AUD, EUR; no VND account.
Fastest withdrawal
no data h VN
Fee declared
4 of 6 methods
Withdrawal back to
the funding method

Where it does not serve(35 of 72 countries)

no datano datano datano datano datano datano datano datano datano datano datano datano datano datano datano datano datano data

From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

Platforms and markets(35 of 72 of 72 platforms confirmed · 6 asset classes)

MT5
Proprietary Mitrade app/web
cTrader
Proprietary Mitrade app/web
Web terminal
Proprietary Mitrade app/web
Mobile app
Proprietary Mitrade app/web
Copy trading
Proprietary Mitrade app/web
TradingView
Proprietary Mitrade app/web
ClassCountMin spreadLeverage

Reviews(35 of 72 platform · 25% of the score)

4.2/ 5
Trustpilot rating
1,384
reviews
28.09
snapshot, 2026
5 star64%
4 star14%
3 star6%
2 star4%
1 star12%
SnapshotRatingReviews

Share of reviewers in Vietnam: no data The platform does not publish it.

Topics in 1-star reviews (35 of 72 reviews, snapshot 28.09.2026)

Withdrawal delays41 · 25%
Verification (KYC)33 · 20%
Slippage22 · 13%
Support response19 · 11%
Other51 · 31%

Pros and cons(35 of 72 + 5, each tied to a figure above)

For
  • Raw round turn 6.20 USD vs Vietnam median 9.20
  • SSC licence 102/GPKD-UBCK, active on 01.10.2026
  • VND account; bank withdrawal 24 h, fee 0
  • Swap-free with no admin fee; ranked #1 of 30
  • One of 6 of 44 brokers that publish a withdrawal time
Against
  • Payouts axis 58 of 100, the lowest of six
  • Min deposit 100 USD vs 10 at Tidemark
  • E-wallet withdrawal time and fee not published
  • Group site advertises 1:1000, unavailable to Vietnamese residents
  • Gold round turn 9.80 USD; 3 brokers price it lower

Where Halden sits in the Vietnam base(35 of 72 brokers)

Round-turn cost, USD (35 of 72 of 72 priced)

2<6.5
26.5–7.5
27.5–8.5
38.5–9.5
39.5–10.5
110.5–11.5
4≥11.5

Highlighted: Halden Raw at 6.20

Minimum deposit, USD (35 of 72 of 72 priced)

9<25
925–99
10100
3101–299
4≥300

Highlighted: Halden at 100 · Vietnam median 50

Retail leverage (35 of 72 of 72 with a Vietnam figure)

11≤1:30
71:50
51:51–200
61:201–400
10>1:400

1 group-only figure excluded · 4 no data

Withdrawal time published (35 of 72 brokers)

6of 44
Published, hours6No data38Halden is one of the 6

Alternatives in Vietnam(35 of 72 of 72)

Methodology(35 of 72 axes · formula v1.0)

Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Vietnam score. Full methodology

AxisWeightWhat is measuredHalden

FAQ(35 of 72 questions)

Cost calculator (35 of 72 accounts · median of 72 priced)

Halden, per month4
Vietnam median, per month6

EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a VND conversion because the exchange rate is not part of our data.

Verified · What changed · Sources(35 of 72 sources · 4 changes)

Verified01.10.2026
next review 01.01.2027
What changed
    Sources · precision