Which broker is better for Vietnam traders in 2026? Expert analysis across 12 categories.
Vietnam’s forex market is rapidly expanding, driven by a generation of young, tech-savvy traders who demand modern platforms, low costs, and local payment convenience. Two brokers frequently compared in this space are EasyMarkets (rated 3.4/5) and FP Markets (rated 4.7/5). EasyMarkets is known for its fixed spreads, risk management tools like Deal Cancellation, and a straightforward web platform. FP Markets, on the other hand, offers raw spreads from 0.0 pips, multiple platform choices including cTrader and MT4/5, and faster execution. For Vietnamese traders, the decision often comes down to cost versus simplicity. Both brokers accept VND through bank transfers and USDT, but FP Markets also integrates Momo for instant funding. While SSC Vietnam does not regulate either broker directly, both are registered with top-tier authorities like ASIC and CySEC. This comparison will help you decide which broker fits your trading style and local needs.
| Instrument | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FP Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FP Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FP Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FP Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | FP Markets |
Cost is a key factor for Vietnam traders, especially those starting with modest capital. EasyMarkets charges fixed spreads starting at 1.0 pips on EUR/USD with no commission—a simple model for beginners. FP Markets offers a Raw ECN account with spreads from 0.0 pips plus a commission of $3 per lot per side ($6 round turn), or a Standard account with spreads from 1.0 pips and no commission. For traders executing under 10 lots per month, EasyMarkets may appear simpler, but FP Markets’ raw spreads are significantly cheaper at higher volumes. A Vietnam scalper trading 50 lots monthly would save hundreds of dollars with FP Markets. Additionally, FP Markets has no hidden fees on deposits or withdrawals, while EasyMarkets charges a small conversion fee for non-VND deposits. Overall, FP Markets provides lower trading costs for active and volume-oriented traders.
| Account Type | EasyMarkets | FP Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $100 |
| Entity / Asset | EasyMarkets | FP Markets |
|---|---|---|
| Vietnam (offshore) | Up to 1:2000 | Up to 1:500 |
| Forex major pairs | 1:2000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | 1,700+ | FP Markets |
| ETFs | ✗ | ✓ | Tie |
| Platform | EasyMarkets | FP Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Young Vietnamese traders often prefer platforms with advanced charting, automation, and mobile accessibility. FP Markets excels here by offering MetaTrader 4, MetaTrader 5, cTrader, and web trader. cTrader is especially popular among tech-savvy users for its intuitive interface and depth of market. EasyMarkets provides its proprietary web trader and mobile apps, which are clean and user-friendly but lack advanced features like algorithmic trading or custom indicators. Both brokers have mobile apps for iOS and Android, but FP Markets’ apps offer more order types and analytical tools. For Vietnam traders who use Expert Advisors (EAs) or need multi-terminal support, FP Markets is the clear winner. EasyMarkets is better for those who prioritize simplicity and a no-download web experience.
| Factor | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FP Markets |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
Execution quality directly impacts profitability, especially for Vietnam traders using scalping or algorithmic strategies. FP Markets uses ECN/STP execution with no dealing desk, offering average fill speeds of 30-40 ms and no requotes. EasyMarkets operates a market maker model with fixed spreads, which can lead to requotes during volatile news events. FP Markets also allows automated trading and hedging without restrictions, while EasyMarkets restricts EA usage on its web platform. For tech-savvy traders who value speed and transparency, FP Markets provides superior execution. EasyMarkets is adequate for manual traders who prefer predictable spreads.
| Safety Factor | EasyMarkets | FP Markets |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation matters for Vietnam traders because local protection from SSC Vietnam is minimal. Both EasyMarkets and FP Markets are regulated by reputable authorities: EasyMarkets by CySEC, ASIC, and FSA; FP Markets by ASIC, CySEC, FSA, and the FSCA. FP Markets’ ASIC regulation is particularly strong, offering negative balance protection and a strict client money segregation framework. EasyMarkets also segregates client funds but lacks negative balance protection for all accounts. For Vietnam traders, FP Markets’ multi-regulatory oversight provides an extra layer of security. Neither broker is directly subject to SSC Vietnam, but both comply with international standards. Traders should verify that their chosen broker is in good standing with its regulators—FP Markets has a clean record, while EasyMarkets has faced minor historical fines.
| Payment Method | EasyMarkets | FP Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | 24 hours |
Vietnam traders have three preferred payment methods: Bank Transfer, Momo, and USDT. FP Markets supports all three seamlessly. Bank transfers are processed within 1-3 business days, Momo deposits are instant with no fees, and USDT deposits are also instant with low network fees. EasyMarkets accepts bank transfers and USDT but does not directly integrate Momo. However, EasyMarkets does allow VND bank transfers via local partner banks, which is convenient. For withdrawals, FP Markets processes e-wallet and USDT requests within 24 hours, while bank transfers may take 1-2 days. EasyMarkets withdrawal times are slightly longer (1-3 days for bank transfers). Additionally, EasyMarkets charges a $5 withdrawal fee for certain methods, whereas FP Markets is generally fee-free. For young traders who value speed and zero fees, FP Markets has a clear advantage.
| Islamic Account Feature | EasyMarkets | FP Markets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Muslim traders in Vietnam, swap-free accounts are essential to comply with Sharia law. EasyMarkets offers Islamic accounts with zero swap fees on all pairs and no administrative charges, making it a straightforward option. FP Markets also provides Islamic accounts, but after a holding period (typically 10 days), a small daily fee may apply on certain instruments. Both brokers require an account request through customer support. EasyMarkets’ Islamic account is more permissive for long-term holding, while FP Markets is better suited for short-term traders. Vietnam’s Muslim community is small but growing, and both brokers accommodate this need. Traders should confirm the specific terms before opening an Islamic account.
| Support Feature | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support is crucial for Vietnam traders who may need assistance in Vietnamese or English. EasyMarkets offers 24/5 live chat and email support, with response times under 5 minutes. FP Markets provides 24/7 support via live chat, phone, and email, with slightly faster resolution times. Neither broker has a dedicated Vietnamese helpline, but both have multilingual teams. FP Markets’ 24/7 availability is beneficial for traders who operate outside standard hours. EasyMarkets is reliable but limited to weekday coverage. For young traders active at night or weekends, FP Markets is preferable.
| Mobile Feature | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | FP Markets |
| Resource | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose FP Markets if you...
For Vietnam traders, especially the young and tech-savvy, FP Markets is the stronger choice based on its high rating (4.7/5), lower trading costs, superior platform selection, and support for local payment methods like Momo and USDT. It offers a raw ECN environment ideal for scalping and algo trading, while EasyMarkets (3.4/5) is better suited for novices who want a simple, risk-managed experience. Regulation-wise, both are offshore but FP Markets benefits from multiple tier-1 licenses. While SSC Vietnam does not oversee either broker, FP Markets’ track record and customer satisfaction make it the recommended option. If you value cost-efficiency and flexibility, go with FP Markets. If you want a straightforward, all-in-one platform with fixed spreads, EasyMarkets may still fit your needs.