Which broker is better for Vietnam traders in 2026? Expert analysis across 12 categories.
For young, tech-savvy traders in Vietnam, choosing between Oanda and EasyMarkets can be challenging. Oanda, with a score of 3.6/5, is a globally established broker known for its advanced trading tools and tight spreads. EasyMarkets, scoring 3.4/5, appeals to modern traders with its user-friendly platform and local payment options like Momo and USDT. Vietnam's growing forex community, especially in Ho Chi Minh City and Hanoi, values speed, low costs, and easy deposits. While Oanda offers a robust trading environment with powerful charting, EasyMarkets wins on convenience for Vietnamese users who want to deposit via popular local methods. Both brokers accept Vietnamese clients but are not regulated by SSC Vietnam, so traders must exercise caution. This comparison breaks down every aspect important to Vietnam traders, from spreads to deposit methods, helping you decide based on your specific needs.
| Instrument | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $25 | Oanda |
For Vietnam traders, trading costs are a major factor. Oanda offers competitive spreads starting from 0.6 pips on EUR/USD, with no commission on standard accounts, making it ideal for scalpers and high-frequency traders. EasyMarkets has wider spreads, typically around 1.2 pips on major pairs, but compensates with fixed spreads and no hidden fees. If you trade large volumes (e.g., 100+ lots per month), Oanda's lower spreads can save you significant money. However, EasyMarkets' fixed spreads provide cost certainty, which is useful for traders who hold positions during Vietnam's volatile after-hours sessions. Both brokers charge no deposit or withdrawal fees for Vietnam, but EasyMarkets' Momo and USDT deposits are faster and cheaper than Oanda's bank transfer.
| Account Type | Oanda | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✗ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $25 |
| Entity / Asset | Oanda | EasyMarkets |
|---|---|---|
| Vietnam (offshore) | Up to 1:100 | Up to 1:2000 |
| Forex major pairs | 1:100 | 1:2000 |
| 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 | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Oanda |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Oanda |
| Crypto CFDs | ✗ | 20+ | Oanda |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | Oanda | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Oanda offers its own web-based platform and MetaTrader 4 (MT4), which is popular among Vietnamese traders for its advanced charting and automated trading capabilities. The platform is available on desktop and mobile, with a clean interface suitable for young traders. EasyMarkets provides a proprietary web platform and mobile app that is intuitive and beginner-friendly, with features like deal cancellation and guaranteed stop-loss. For tech-savvy Vietnam traders who value customization and indicators, Oanda's MT4 is superior. However, EasyMarkets' platform is easier to use and includes risk management tools that appeal to new traders. Both platforms support Vietnamese language settings, but Oanda's MT4 has a larger community of Vietnam users.
| Factor | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | Oanda |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✗ | Tie |
Oanda is known for its fast execution speeds, typically under 100ms, with no requotes on most orders. This is crucial for Vietnam scalpers who trade during Asian sessions. EasyMarkets offers fixed spreads and guaranteed stop-loss orders, but execution can be slightly slower due to its market maker model. For high-frequency traders, Oanda's direct market access (DMA) is superior. For traders who prioritize order certainty and protection against slippage, EasyMarkets' guaranteed stops are a strong feature.
| Safety Factor | Oanda | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Oanda is regulated by top-tier authorities including the FCA (UK) and CFTC (USA), providing strong client fund protection and transparency. EasyMarkets is regulated by the CySEC (Cyprus) and ASIC (Australia), offering a good level of security but not as high as Oanda. For Vietnam traders, neither broker is regulated by SSC Vietnam, meaning you trade at your own risk. Oanda's stronger regulatory oversight may offer more confidence, especially for larger deposits. EasyMarkets still adheres to EU standards, which include negative balance protection. Vietnam traders should consider the regulatory strength when choosing, as it impacts fund safety and dispute resolution.
| Payment Method | Oanda | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 to 5 business days | 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) |
Depositing and withdrawing funds in Vietnam is where EasyMarkets clearly outperforms Oanda. EasyMarkets supports Bank Transfer, Momo (Vietnam's leading e-wallet), and USDT (Tether), allowing instant deposits in VND or USD. Momo deposits are processed within minutes, and USDT transfers are nearly instant with low fees. Oanda only supports Bank Transfer for Vietnam, which can take 1-3 business days and may incur intermediary bank charges. For withdrawals, EasyMarkets processes via Momo or USDT in 24 hours, while Oanda takes 2-5 business days. For young traders who value speed and convenience, EasyMarkets is the better choice for local payments.
| Islamic Account Feature | Oanda | EasyMarkets |
|---|---|---|
| Swap-free available | ✗ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both Oanda and EasyMarkets offer Islamic (swap-free) accounts for Vietnam Muslim traders who require Sharia-compliant trading. Oanda provides Islamic accounts on request for forex pairs only, with no swap fees on overnight positions. EasyMarkets offers Islamic accounts for all instruments, including commodities and indices, with no additional charges. For Vietnam traders, EasyMarkets' broader coverage may be more suitable if you trade multiple asset classes. However, Oanda's Islamic account is still reliable for forex-focused traders. Always confirm swap-free terms with each broker before opening an account.
| Support Feature | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Oanda |
Oanda offers 24/5 customer support via live chat, email, and phone, with English as the primary language. EasyMarkets provides 24/5 support with live chat, email, and phone, plus a dedicated Vietnamese-speaking team. For Vietnam traders, EasyMarkets' local language support is a clear advantage, as you can get help in Vietnamese during trading hours. Oanda's support is professional but may require English proficiency. Both brokers have responsive teams, but EasyMarkets is more accessible for Vietnamese users.
| Mobile Feature | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Oanda |
| Google Play rating | 4.3 stars | 4.2 stars | Oanda |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | Oanda |
| Resource | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Oanda |
Choose Oanda if you...
Choose EasyMarkets if you...
For young, tech-savvy traders in Vietnam, the choice between Oanda and EasyMarkets depends on your priorities. Oanda (3.6/5) is the better option if you focus on low spreads, advanced trading tools, and regulatory trust. It suits experienced traders who can manage bank transfers and want a global broker with a strong reputation. EasyMarkets (3.4/5) wins on local convenience, offering Momo and USDT deposits that are fast and familiar to Vietnamese users. It also provides a simpler platform and Vietnamese support. Neither broker is regulated by SSC Vietnam, so always trade responsibly. Ultimately, Oanda is for performance-driven traders, while EasyMarkets is for those who value ease of use and local payment methods.