What a spread is, and what it costs you

A spread is the gap between the price you can buy at and the price you can sell at, quoted in pips. It is charged the moment a position opens, which is why it is the one cost every trade pays whether it wins or loses.

A spread alone does not say what a trade costs. An account with a 0.0-pip raw spread usually charges commission per lot instead, and an account with a 1.2-pip spread usually charges none. The comparable figure is the round turn - spread plus commission for one lot, in and out - and that is what the tables here rank on.

The ten below are the brokers in Vietnam publishing the tightest EUR/USD spread for a standard account. They are ordered by the figure they publish, not by preference, and a broker that publishes no spread is not on the list at all.

EUR/USD spread, pips (51 of 72 · median 1 pips)

25<1

251-2

02-3

13-4

04+

Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.

Key facts (47 of 72 counts · 68 brokers onboarding Vietnamese residents)

47of 72

qualify for this ranking

65% of 72

44of 47

scored on all six axes

94% of 47

47of 72

publish a price

65% of 72

45of 72

publish a leverage figure for this country

62% of 72

Top 3 (of 3 ranked)

1FreshForex4.19highest score of the three · offshore, unregulated in vietnam; sbv ha · withdrawal in 0.166667 h 2XM4.13offshore (belize fsc); forex is not dome · withdrawal in 0 h 3Fusion Markets4.1cheapest priced of the three · offshore (vfsc/seychelles) for vietnames · withdrawal in 1 h

What a spread is, and what it costs you (47 of 72)

By slice score, formula v1.0. · 47 of 68 brokers in this ranking · all 47

#	Broker	Round turn, USDVN	Min deposit, USDVN	Leverage	Withdrawal, hVN	Score	Execution	Founded	Funding
1	FreshForex	6	10	2000VN	0.17	4.19	ECN/raw + standard	2004	3 methods · local
2	XM	7	5 group	1000VN	0	4.13	ECN/raw + standard	2009	3 methods · local
3	Fusion Markets	4.5	0	500VN	1	4.1	ECN/raw + standard	2019	6 methods
4	BDSwiss	5	10 group	2000VN	24	4.04	ECN/raw + standard	2012	3 methods
5	MultiBank Group	3	50	500VN	24	4.01	ECN/raw + standard	2005	5 methods
6	NordFX	7	10	1000VN	24	3.98	ECN/raw + standard	2008	2 methods · local
7	Hantec Markets	2	10 group	500VN	48	3.94	ECN/raw + standard	1990	2 methods
8	Vantage	6	50	500VN	72	3.93	ECN/raw + standard	2009	4 methods
9	GO Markets	6	200 group	500VN	24	3.93	ECN/raw + standard	2006	4 methods
10	HFM	6	0 group	2000VN	24	3.92	ECN/raw + standard	2010	4 methods · local
11	Axi	7	0 group	500VN	24	3.9	ECN/raw + standard	2007	5 methods
12	OctaFX	9	25 group	1000 groupVN	3	3.89	ECN/raw + standard	2011	1 methods · local
13	Land-FX	3.35	10 group	2000 groupVN	1	3.89	ECN/raw + standard	2008	7 methods
14	FP Markets	8	100 group	500VN	72	3.88	ECN/raw + standard	2005	3 methods
15	ACY Securities	6	50 group	500VN	24	3.83	ECN/raw + standard	2011	2 methods · local
16	Mitrade	4	20	200VN	24	3.82	Standard	2011	1 methods
17	ThinkMarkets	7	50	500VN	24	3.81	ECN/raw + standard	2010	4 methods
18	Dukascopy	9	100 group	200VN	48	3.81	ECN/raw + standard	2004	3 methods
19	Pepperstone	7	—	200VN	48	3.79	ECN/raw + standard	2010	4 methods · local
20	FXCM	7.5	50 group	400VN	48	3.77	ECN/raw + standard	1999	3 methods · local
21	ActivTrades	4.2	0 group	200VN	24	3.75	ECN/raw + standard	2001	4 methods
22	Doo Prime	7	5 group	1000VN	24	3.73	ECN/raw + standard	2014	3 methods · local
23	Admirals	6	25	500VN	72	3.69	ECN/raw + standard	2001	4 methods
24	Eightcap	7	100	500VN	24	3.68	ECN/raw + standard	2009	4 methods
25	LiteFinance	—	50 group	1000VN	24	3.68	ECN/raw + standard	2005	3 methods
26	JustMarkets	6	10 group	3000VN	48	3.67	Standard	2012	4 methods · local
27	AvaTrade	9	100 group	400VN	24	3.67	Standard	2006	3 methods · local
28	Tickmill	6	—	500VN	24	3.67	ECN/raw + standard	2014	3 methods · local
29	FBS	13	5 group	3000VN	24	3.65	Standard	2009	3 methods · local
30	Moneta Markets	7	50	1000VN	24	3.63	ECN/raw + standard	2019	5 methods
31	Alpari	8	30	3000VN	24	3.62	ECN/raw + standard	1998	3 methods
32	TMGM	7	100 group	1000VN	24	3.62	ECN/raw + standard	2013	7 methods · local
33	XChief	5.5	10	1000VN	120	3.61	ECN/raw + standard	2014	7 methods
34	Ultima Markets	5	50 group	2000VN	120	3.6	ECN/raw + standard	2016	5 methods · local
35	FXGT	6	5 group	5000VN	72	3.58	ECN/raw + standard	2019	4 methods
36	Fullerton Markets	7	—	500VN	72	3.58	ECN/raw + standard	2015	3 methods · local
37	Weltrade	3.1	1	2000VN	0.5	3.5	ECN/raw + standard	2006	4 methods
38	Trade Nation	6	0 group	200VN	120	3.49	Standard	2014	3 methods
39	HYCM	5	100 group	500VN	24	3.41	ECN/raw + standard	1977	4 methods
40	FXTM	5	10 group	2000VN	24	3.33	ECN/raw + standard	2011	2 methods · local
41	XTB	9	0	500VN	72	3.25	ECN/raw + standard	2002	3 methods
42	RoboForex	10	10	2000VN	48	3.25	ECN/raw + standard	2009	4 methods · local
43	InstaForex	—	1 group	1000VN	7	3.19	ECN/raw + standard	2007	3 methods
44	eToro	10	10 group	30VN	120	3.19	Standard	2007	1 methods
45	IG Markets	13.6	—	—stated, not verified	120	3.14	ECN/raw + standard	1974	3 methods · local
46	ATFX	7	500 group	400VN	120	3.01	ECN/raw + standard	2017	3 methods
47	SSI Securities (SSI)	—	—	—stated, not verified	72	—	ECN/raw + standard	1999	1 methods · local

Ten are shown; the button opens the rest.

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

— the broker does not publish this figure; it is not read as a zero and it is not scored.

Eightcap publishes a retail leverage of 1:500 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.

The ten above illustrate the term. Brokers with the lowest spreads in Vietnam lists every broker that qualifies, with the figure each one publishes.

Identical for every row, so it is stated once: Who onboards Local · SSC · Swap-free fee none, no limit · VND account Yes.

1. FreshForex — highest score of the three · offshore, unregulated in vietnam; sbv ha · withdrawal in 0.166667 h (score 4.19)

Round turn: 6 USD
Withdrawal: within 10 minutes during business hours; actual receipt can take several business days
VND account: No VND; USD, EUR, RUB, crypto.
Leverage: 2000VN
Accepts residents: through an offshore entity
Onboarding entity: Riston Capital Ltd
Founded: 2004
Register: https://freshforex.com · 09.07.2026
Group leverage: uncleargroup
Instruments: 270+ instruments: FX, metals, indices, crypto, commodities.
Platforms: MT5cTraderWebTradingView
Funding: Local Vietnamese bank transfer, cards, crypto.
Not served: United States, United Kingdom, China, Hong Kong, Iran, Democratic People's Republic of Korea, Myanmar, Spain

Reviews25%88
Round-turn cost20%95
Safety10
Payouts15%100
Track record10%
Platforms50

Why it ranks here

Round turn 6 USD against the slice median 6 USD. strongest axis track record 100 of 100. total score 4.19.

Watch for

Payouts axis 58 of 100; e-wallet times not published.

Full review of FreshForex

2. XM — offshore (belize fsc); forex is not dome · withdrawal in 0 h (score 4.13)

Round turn: 7 USD
Withdrawal: instant withdrawals
VND account: USD, EUR, GBP, JPY, CHF, AUD and others; no VND base account, deposits converted.
Leverage: 1000VN
Accepts residents: through an offshore entity
Onboarding entity: XM Global Limited
Founded: 2009
Register: https://xm.com/regulation · 09.07.2026
Group leverage: offshore
Instruments: 1000+ instruments: 55+ forex pairs, stock indices, metals/energies/commodity CFDs and share CFDs; crypto CFDs vary by entity.
Platforms: MT5MT4Web
Funding: Local VND bank transfer (converted to USD/EUR) plus cards and e-wallets (NganLuong reported; Momo reported for some brokers) - processing ~1-2 business days.
Not served: United States of America, Canada, Israel, Islamic Republic of Iran

Why it ranks here

Round turn 7 USD against the slice median 6 USD. strongest axis payouts 100 of 100. total score 4.13.

Watch for

Min deposit 200 USD, double the Vietnam median of 50; withdrawal time not published.

Full review of XM

3. Fusion Markets — cheapest priced of the three · offshore (vfsc/seychelles) for vietnames · withdrawal in 1 h (score 4.1)

Round turn: 4.5 USD
VND account: No VND base-currency account; accounts in USD, AUD, EUR, GBP, JPY, CHF, CAD, NZD, SGD, HKD, so dong deposits incur conversion.
Leverage: 500VN
Licence: SD096
Accepts residents: through an offshore entity
Onboarding entity: Vietnamese retail clients are onboarded under the offshore arms Gleneagle Securities Pty Limited (Vanuatu VFSC) and/or Fusion Markets International Ltd (Seychelles FSA).
Founded: 2019
Register: https://fusionmarkets.com/About-us/Regulations · 09.07.2026
Group leverage: localgroup
Instruments: 250+ instruments: 90+ forex pairs, metals, commodities, indices, share CFDs and crypto CFDs.
Platforms: MT5WebMobile
Funding: Bank wire, Visa/Mastercard, Skrill, Neteller, PayPal and crypto (BTC/USDT); no verified Vietnam-specific local rail.
Not served: Afghanistan, Democratic Republic of Congo, Republic of Congo, Iran, Iraq, Japan, Myanmar, New Zealand, North Korea, Palestine, Russia, Spain, Somalia, Sudan, Syria, Ukraine, Yemen, United States, American Samoa, Guam, Northern Mariana Islands, Puerto Rico, US Minor Outlying Islands, US Virgin Islands

Why it ranks here

Round turn 4.5 USD against the slice median 6 USD. strongest axis round-turn cost 100 of 100. total score 4.1.

Watch for

Onboards Vietnamese residents through an offshore entity: no SSC licence, no SSC complaints route, no VND account.

Full review of Fusion Markets

What the data shows(47 of 72 distributions · 68 brokers)

Swap-free availability (47 of 72 brokers)

Offered30Not offered14

Admin fee after the free period (47 of 72 swap-free)

Never16After 3–30 days9not published5

Who onboards Vietnamese residents (47 of 72 brokers)

Local SSC entity20Offshore entity24

VND account (47 of 72 brokers)

Yes16No23not published5

Round turn, one lot, USD (47 of 72 · median 6 USD)

1<2.5

72.5-5

275-7.5

77.5-10

510+

Full list(47 of 72)

1FreshForex4.19
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
10
Leverage
2000VN
VND
Yes
2XM4.13
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
5 group
Leverage
1000VN
VND
Yes
3Fusion Markets4.1
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
4.5
Min deposit, USD
0
Leverage
500VN
VND
Yes
4BDSwiss4.04
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
10 group
Leverage
2000VN
VND
Yes
5MultiBank Group4.01
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
3
Min deposit, USD
50
Leverage
500VN
VND
Yes
6NordFX3.98
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
10
Leverage
1000VN
VND
Yes
7Hantec Markets3.94
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
2
Min deposit, USD
10 group
Leverage
500VN
VND
Yes
8Vantage3.93
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50
Leverage
500VN
VND
Yes
9GO Markets3.93
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
200 group
Leverage
500VN
VND
Yes
10HFM3.92
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0 group
Leverage
2000VN
VND
Yes
11Axi3.9
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
0 group
Leverage
500VN
VND
Yes
12OctaFX3.89
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
25 group
Leverage
1000 groupVN
VND
Yes
13Land-FX3.89
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
3.35
Min deposit, USD
10 group
Leverage
2000 groupVN
VND
Yes
14FP Markets3.88
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
100 group
Leverage
500VN
VND
Yes
15ACY Securities3.83
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50 group
Leverage
500VN
VND
Yes
16Mitrade3.82
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
4
Min deposit, USD
20
Leverage
200VN
VND
Yes
17ThinkMarkets3.81
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
50
Leverage
500VN
VND
Yes
18Dukascopy3.81
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
100 group
Leverage
200VN
VND
Yes
19Pepperstone3.79
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
7
Leverage
200VN
VND
Yes
20FXCM3.77
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
7.5
Min deposit, USD
50 group
Leverage
400VN
VND
Yes
21ActivTrades3.75
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
4.2
Min deposit, USD
0 group
Leverage
200VN
VND
Yes
22Doo Prime3.73
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
5 group
Leverage
1000VN
VND
Yes
23Admirals3.69
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
25
Leverage
500VN
VND
Yes
24Eightcap3.68
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100
Leverage
500VN
VND
Yes
25LiteFinance3.68
Onboards
Local · SSC
Swap-free
none, no limit
Min deposit, USD
50 group
Leverage
1000VN
VND
Yes
26JustMarkets3.67
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
10 group
Leverage
3000VN
VND
Yes
27AvaTrade3.67
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
100 group
Leverage
400VN
VND
Yes
28Tickmill3.67
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
6
Leverage
500VN
VND
Yes
29FBS3.65
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
13
Min deposit, USD
5 group
Leverage
3000VN
VND
Yes
30Moneta Markets3.63
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
50
Leverage
1000VN
VND
Yes
31Alpari3.62
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
30
Leverage
3000VN
VND
Yes
32TMGM3.62
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
1000VN
VND
Yes
33XChief3.61
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
5.5
Min deposit, USD
10
Leverage
1000VN
VND
Yes
34Ultima Markets3.6
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
50 group
Leverage
2000VN
VND
Yes
35FXGT3.58
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
5 group
Leverage
5000VN
VND
Yes
36Fullerton Markets3.58
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
7
Leverage
500VN
VND
Yes
37Weltrade3.5
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
3.1
Min deposit, USD
1
Leverage
2000VN
VND
Yes
38Trade Nation3.49
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0 group
Leverage
200VN
VND
Yes
39HYCM3.41
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
100 group
Leverage
500VN
VND
Yes
40FXTM3.33
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
10 group
Leverage
2000VN
VND
Yes
41XTB3.25
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
0
Leverage
500VN
VND
Yes
42RoboForex3.25
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
10
Min deposit, USD
10
Leverage
2000VN
VND
Yes
43InstaForex3.19
Onboards
Local · SSC
Swap-free
none, no limit
Min deposit, USD
1 group
Leverage
1000VN
VND
Yes
44eToro3.19
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
10
Min deposit, USD
10 group
Leverage
30VN
VND
Yes
45IG Markets3.14
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
13.6
VND
Yes
46ATFX3.01
Onboards
Local · SSC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
500 group
Leverage
400VN
VND
Yes

How to read the ten below

Start with the figure this page ranks on.
Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.
Check which company would onboard you.
The same brand can take a resident of Vietnam through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.
Read the cost beside the deposit.
The median round turn across this country is 6.0 USD and the median minimum deposit 15.0 USD; a low deposit beside a wide spread takes the difference back on every trade.

Neighbouring slices(6 rankings · 5 explainers)

Same country

Explained

FAQ

How many brokers qualify for this ranking in Vietnam?: 47 of 72 brokers measured for this country qualify.
Which broker leads it, and on what basis?: FreshForex leads it with a score of 4.19. The order is computed score, highest first; unscored brokers follow.
What does a trade typically cost here?: The median round turn - spread plus commission for one standard lot, in and out - is 6.0 USD across the brokers that publish both parts.
Why do some rows show a dash instead of a figure?: Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.
Why are only ten brokers shown here?: This page explains the term; the ten illustrate it. The full ranking lists 47 of 72 and is one click away.

How this slice is scored

Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology

Verified · What changed · Sources(47 of 72 broker records)

Verified01.10.2026

data re-captured 28.09.2026

Risk warning and affiliate disclosure

CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.