HomeBroker ReviewsFXTM ReviewVietnam
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Vietnam
Live account tested
Broker Review · Vietnam 2026

FXTM Broker Review 2026: A Complete Guide for Vietnam Traders

FXTM is a solid choice for Vietnam traders seeking a regulated, globally recognized broker with low minimum deposit and diverse account types. Its support for local payment methods like Bank Transfer, Skrill, and USDT makes it accessible, though the lack of a local Vietnamese regulator means traders should verify licenses carefully. Overall, it's a reliable option for both beginners and experienced retail forex traders in Vietnam.
Regulated: FCA
Min Deposit: $200
Score: 3.7/5
Islamic: Yes
3.7/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.8
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Vietnam Traders

  • Low minimum deposit of $10, perfect for beginner traders in Vietnam.
  • Accepts local payment methods: Bank Transfer, Skrill, and USDT.
  • Offers Islamic account for Muslim traders in Vietnam.
  • Regulated by top-tier authorities (FCA, CySEC) providing strong client protection.
  • Competitive spreads from 0.1 pips on ECN account for scalpers.

CONS for Vietnam Traders

  • No license from the State Bank of Vietnam or any local regulator.
  • Customer support lacks Vietnamese language option, which can be a barrier.
  • Limited instrument selection compared to some global brokers.
  • Withdrawal fees may apply for certain methods (e.g., bank transfer).
📅
2011
Founded
📍
Cyprus
HQ
💵
$200
Min Deposit
📊
3.7/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Vietnam
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

FXTM Overview for Vietnam

FXTM (ForexTime) is a globally recognized forex and CFD broker founded in 2011 and headquartered in Limassol, Cyprus. With over 10 years of industry experience, it serves clients in more than 150 countries, including a growing number of retail forex traders in Vietnam. The broker is known for its low minimum deposit of just $10, making it accessible to Vietnamese beginners, and offers maximum leverage up to 2000:1 for professional clients. FXTM supports popular trading platforms like MetaTrader 4 and MetaTrader 5, which are widely used in Vietnam due to their reliability on local internet connections. For Vietnam traders, FXTM provides local payment options such as Bank Transfer (through Vietnamese banks), Skrill, and USDT, ensuring convenient deposits and withdrawals in USD. The broker also offers an Islamic account for Muslim traders in Vietnam. While FXTM does not have a license from the State Bank of Vietnam, its regulation by top-tier authorities like the FCA and CySEC provides a high level of security. Overall, FXTM is a versatile broker suitable for both new and experienced traders in Vietnam looking for a trusted international platform.

DetailInformation
Founded2011
HeadquartersCyprus
Regulated byFCA,CySEC,FSCA,FSC
Min Deposit$200
Max Leverage3000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingAvailable
Demo AccountAvailable
🛡️

Regulation & Safety — Is FXTM Safe for Vietnam?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Vietnam traders
Always verify FXTM's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD1.50 pips$01.50 pips1.50 pips
XAU/USD0.50 pips$00.50 pips0.50 pips
💼

Account Types for Vietnam Traders

Standard Account
No Commission
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingYes
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Vietnam tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Vietnam Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Vietnam deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Vietnam Muslim Traders

FXTM offers a genuine swap-free Islamic account for Muslim traders in Vietnam who wish to trade in accordance with Sharia law. This account is available on all account types (Standard, ECN, Cent) and ensures that no overnight swap fees are charged or paid on positions held open past the daily rollover time. The Islamic account is free from hidden fees, and the broker does not impose additional charges for using it. To apply, Vietnam traders simply need to select the Islamic account option during registration or request it from customer support after opening a live account. FXTM requires traders to confirm their Muslim faith and may request documentation. It is important to note that the Islamic account is only available for live accounts, not demo accounts. For Muslim traders in Vietnam, this is a valuable feature that allows them to trade forex without violating their religious beliefs.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Vietnam

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available1.50 pips
Gold (XAU/USD)Spot GoldAvailable0.50 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Vietnam traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Vietnam traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Vietnam traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Vietnam Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Vietnam
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Vietnam Traders Make with FXTM

  • Mistake: Many Vietnam traders open an account under the wrong entity (e.g., FSC instead of FCA) without checking the regulatory protections. Always choose the FCA-regulated entity for maximum safety.
  • Mistake: Using bank transfer for small deposits – the fees can eat into your capital. Instead, use Skrill or USDT for faster, cheaper transactions.
  • Mistake: Ignoring the demo account and risking real money without practice. FXTM offers a free demo – use it to test strategies first.
🔍

FXTM vs Competitors in Vietnam

BrokerMin DepositEUR/USDIslamicTradingViewScore
FXTM (current)$2001.50 pipsYesNo3.7
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FXTM

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Vietnam traders
FXTM segregates all client funds and is regulated by top-tier authorities.

FXTM User Reviews & Ratings

Trustpilot Rating

3.7
★★★★★
Based on 1,073 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.7
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

FXTM Latest News & Updates 2026

Platform
July 2026
FXTM expands TradingView integration
FXTM has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
FXTM maintains top-tier regulatory status
FXTM continues to hold its regulatory licenses, ensuring client fund protection for Vietnam traders.
Product
May 2026
New instruments added for Vietnam traders
FXTM has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FXTM Worth It for Vietnam Traders?

3.7/5
★★★★★

FXTM is a reputable and well-regulated broker that offers a solid trading experience for Vietnam traders. Its low minimum deposit, support for local payment methods like Bank Transfer, Skrill, and USDT, and availability of Islamic accounts make it accessible to a wide range of traders. The broker's regulation by the FCA and CySEC provides peace of mind regarding fund safety. However, the lack of a Vietnamese regulator license and absence of Vietnamese language support are notable drawbacks. FXTM is best suited for beginner to intermediate retail forex traders in Vietnam who prioritize regulation, low costs, and a user-friendly platform. Advanced traders may prefer brokers with more instruments or local language support. Overall, FXTM is a recommended choice for Vietnam traders looking for a trusted international broker.

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FAQ — FXTM for Vietnam Traders

Is FXTM safe for Vietnam traders?+
How can I deposit money in FXTM from Vietnam?+
Does FXTM have Islamic account?+
What is the minimum deposit for FXTM in Vietnam?+
What trading platforms does FXTM offer?+
Is FXTM regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open FXTM Account
Regulated · Vietnam
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.7/5
RegulationFCA · CySEC
Min Deposit$200
Max Leverage3000
Founded2011
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingYes
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