easyMarkets Vietnam

How to get started with easymarkets Vietnam

• Familiarize yourself with the EasyMarkets platform: EasyMarkets is a leading online trading platform that offers a wide range of trading options for traders in Vietnam. Before you start trading, it is important to understand the features and tools available on the platform.
• Choose a trading account: EasyMarkets offers different types of trading accounts to suit different trading styles and strategies. Choose the account that best suits your needs and trading goals.
• Set up your trading strategy: Before you start trading, it is important to have a clear trading strategy. This will help you to make informed decisions and manage your risk.
• Research the markets: Researching the markets is essential for successful trading. Make sure you understand the fundamentals of the markets you are trading in and keep up to date with the latest news and developments.
• Use risk management tools: EasyMarkets offers a range of risk management tools to help you manage your risk. Make sure you understand how to use these tools and use them to your advantage.
• Monitor your trades: Monitor your trades closely and adjust your strategy as needed. This will help you to maximize your profits and minimize your losses.
• Take advantage of EasyMarkets’ educational resources: EasyMarkets offers a range of educational resources to help you become a better trader. Make sure you take advantage of these resources to improve your trading skills.

easymarkets Account Types

Premium Account

The Standard Account is perfect for people who are looking to start small in the world of trading. The minimum deposit required for this account is $25, which is much lower than the other account types. This makes it an affordable option for those who are just starting out or do not wish to risk a large amount of money initially. With the Standard Account, you get fixed spreads and a high leverage of up to 1:400. This means you can trade with more money than you have in your account. Additionally, the Standard Account comes with zero commission, meaning you won’t have to pay any extra fees when trading. There are also no account fees and you get the benefit of negative balance protection, which ensures you won’t lose more money than you have deposited in your account.

easyMarkets Demo Account

The easyMarkets Demo Account in Vietnam is an innovative tool designed for individuals interested in entering the world of forex trading. This demo account allows users in Vietnam to simulate real trading experiences without any financial risk. By using this account, potential traders can familiarize themselves with the mechanics of forex trading, test out different trading strategies, and gain confidence in their abilities before transitioning to a live trading account. The easyMarkets Demo Account offers real-time market prices and conditions, providing an accurate depiction of the forex trading environment. It is an excellent resource for novice traders, as well as experienced ones looking to refine their strategies.

Financial Instruments Available at easyMarkets Vietnam

easyMarkets online trading platform, offers a wide range of financial instruments to traders in Vietnam. These include:

• Forex: Forex, or foreign exchange trading, is a global marketplace for exchanging national currencies against one another. With easyMarkets, traders in Vietnam can participate in the world’s largest and most liquid market.
• Shares: Traders can also invest in the shares of numerous multinational corporations. This allows them to have a stake in these companies’ performance and potentially profit from their success.
• Cryptocurrencies: easyMarkets also offers trading in several popular digital currencies. These include Bitcoin, the world’s first and most famous cryptocurrency, as well as Ethereum, Ripple, Litecoin, Stellar, and Bitcoin Cash. Cryptocurrency trading allows traders to take advantage of the volatile price movements these digital assets are known for.
• Metals: Traders who prefer investing in hard assets can trade in a variety of metals with easyMarkets. This can often provide a haven in times of financial instability.
• Commodities: easyMarkets allows traders to speculate on the price of a variety of commodities. These include commonly traded commodities like oil, gold, and agricultural products.
• Indices: Lastly, easyMarkets offers trading in indices. These are baskets of individual stocks that represent a particular market or sector. Indices trading can provide traders with exposure to a wide range of companies within a specific sector or market.

By offering such a diverse range of financial instruments, easyMarkets ensures that traders in Vietnam have a wealth of options to choose from when deciding how to invest their money.

easymarkets Deposit options in Vietnam

easyMarkets broker offers a variety of deposit options to its clients in Vietnam.

• Credit/ Debit Cards: This is the most popular and convenient way to deposit money into your easyMarkets account. Accepted cards include Visa and Astropay. The processing time is instant and there are no associated fees.
• Online banking: If you prefer online banking, you can also make a deposit using a local bank transfer. This process may take up to 24 hours, but it is free of charge.
• eWallet: easyMarkets also accepts deposits through various eWallet options. These include Neteller, Skrill, Sticpay, WebMoney, and Perfect Money. The processing time for these methods is either instant or takes up to 1 working day. Again, there are no fees associated with this deposit method.
• Bank Wire Transfer: If you prefer to deposit money through a bank wire transfer, easyMarkets has this option as well. The processing time for this method is typically 1 working day and it is free of charge.
• Cryptocurrency deposits: For those interested in digital currencies, easyMarkets also accepts deposits through Cryptocurrencies. This process could take up to 3 hours, but it is free of charge.

The easyMarkets minimum deposit amount varies on the account type chosen. It’s suggested to check their official website or contact their customer support for more information.

These varied options give clients the flexibility and convenience to choose the method that best suits their needs. Whether you prefer traditional banking methods or modern eWallets, easyMarkets has got you covered.

easymarkets Withdrawal options in Vietnam

For traders based in Vietnam, easyMarkets offers multiple withdrawal options, ensuring convenience and ease of transactions.

• Credit/ Debit Cards: This is one of the most common and convenient withdrawal options available. Traders can use Visa cards or Astropay for withdrawals. The process is instant and there are no fees associated with this withdrawal method.
• Online Banking: easyMarkets also allows withdrawals through local bank transfers. This method could take up to 24 hours for the funds to reflect in your account. The good thing is, this method is free of charge.
• eWallet: For those who prefer digital wallets, easyMarkets provides several options including Neteller, Skrill, Sticpay, WebMoney, and Perfect Money. Withdrawals can either be instant or take up to 1 working day, depending on the eWallet service you choose. There are no fees associated with eWallet withdrawals.
• Bank Wire Transfer: If you prefer traditional banking methods, you can use Bank Wire Transfer. It typically takes 1 working day for the transaction to be processed and the method is free of charge.
• Cryptocurrency: For crypto enthusiasts, easyMarkets also allows withdrawals in the form of cryptocurrency. This process could take up to 3 hours, but it’s also free of charge.

Regarding the easyMarkets minimum withdrawal amount, it would depend on the withdrawal method chosen. However, it should be noted that traders must have sufficient funds in their accounts to cover any open positions and maintain their account balance.

Lastly, it’s important to note that easyMarkets adheres to KYC (Know Your Customer) regulations. This means that traders must provide necessary identification and financial documents to verify their identity. This is an important security measure to prevent fraud and money laundering.

easyMarkets Vietnam – Different Trading Platforms

easyMarkets Trading Platforms are designed to cater to different trading needs. Each platform provides a unique set of features that make trading more efficient, convenient, and accessible. Here’s a breakdown of the features of each:

• easyMarkets Web Platform: This online platform allows traders to access their trading accounts from any computer with internet access. It eliminates the need for software downloads and installations, making it a convenient option for those who trade on multiple devices. It features real-time charts, a variety of trading tools and indicators, and a user-friendly interface.
• Mobile Apps: easyMarkets offers mobile trading apps for both Android and iOS devices. These apps allow traders to execute trades, monitor market trends, and manage their accounts from their mobile devices. This means trading can be done anytime, anywhere. The apps also come with a host of features including live currency rates, interactive charts, and a variety of trading tools.
• TradingView: This is a social network for traders and investors. It offers a platform where users can exchange trading ideas and strategies. With TradingView, traders can also view real-time price charts and use a variety of technical analysis tools to help make informed trading decisions.
• easyMarkets MT4 (MetaTrader 4): This is one of the most popular trading platforms in the forex industry. It offers advanced trading features, including automated trading through the use of Expert Advisors (EAs). It provides a wide array of analytical tools, enables the creation of custom indicators and scripts, and allows for one-click trading.
• easyMarkets MT5 (MetaTrader 5): This is an upgraded version of the MT4 platform. It offers additional features such as an economic calendar, depth of market data, and more timeframes for charting. MT5 also supports more order types and has a built-in news feed. Like MT4, it also allows for automated trading through EAs.

Trading Tools 

easyMarkets forex broker offers advanced and user-friendly trading tools to investors around the world, including Vietnam. The platform is designed to provide a seamless trading experience with a range of tools and features to help traders make informed decisions.

• easyTrade: This is one of the innovative trading tools offered by easyMarkets. easyTrade allows users to trade without a margin requirement and offers fixed risk, providing traders with peace of mind and control over their trading strategy. With easyTrade, you can trade in both volatile and flat markets.
• dealCancellation: Another unique tool offered by easyMarkets is dealCancellation. This feature gives traders the power to cancel a losing deal within an hour and recover their losses for a small fee. This tool is particularly useful for beginners or those who are learning the ropes in forex trading.
• Freeze Rate: The Freeze Rate tool allows traders to pause or freeze a rate for a few seconds, during which they can place or close a deal at that rate, regardless of market movements. This can be particularly useful in volatile markets where rates can fluctuate rapidly.

These tools provided by easyMarkets can help traders in Vietnam and elsewhere to manage risk, take advantage of market opportunities, and make more informed trading decisions.

trading Conditions

• Negative Balance Protection: This feature ensures that you, as a trader, never owe more money than you’ve initially invested. In volatile markets, losses can exceed deposits but with negative balance protection, your account will never go into negative. This is a risk management feature that protects you from losing more money than you’ve invested.
• Guaranteed Stop Loss: This feature allows you to limit your losses. It is a tool that automatically closes a trade when it reaches a certain level of loss that you have set. This means that even if the market behaves unexpectedly, you won’t lose more than the amount you’ve set as your stop loss. It helps in managing the risk involved in trading.
• No Slippage: Slippage is when your order is filled at a different price than what you expected. With easyMarkets, you don’t have to worry about slippage as they guarantee your trades will be executed at the price you see on your screen. This means you can trade with certainty, knowing exactly what your cost will be and the price at which your order will be executed.
• Fixed Spreads: Spread is the difference between the buying price and selling price of a currency pair. easyMarkets offers fixed spreads which means that the spread doesn’t change according to market conditions. This provides stability in your trading costs and helps you plan your trading strategy with more accuracy. You’ll know beforehand what the cost of your trade will be, regardless of market fluctuations or volatility.

Is easyMarkets Legal in Vietnam?

EasyMarkets is an online trading platform that is available in many countries around the world, including Vietnam. However, it is important to note that the legality of trading with EasyMarkets in Vietnam is subject to the laws and regulations of the country.

In Vietnam, the State Bank of Vietnam (SBV) is the regulatory body responsible for overseeing the activities of financial institutions, including online trading platforms. According to the SBV, online trading platforms are not allowed to operate in Vietnam without a license. As such, EasyMarkets does not currently have a license to operate in Vietnam.

Therefore, it is not legal to trade with EasyMarkets broker in Vietnam. If you are interested in trading with EasyMarkets, you should consider doing so in another country where it is legally allowed.

easyMarkets Vietnam Review – Conclusion

In conclusion, easyMarkets has successfully established its presence in Vietnam, providing an accessible platform for forex trading and other financial markets. Its user-friendly interface and robust security measures have resonated well with Vietnamese traders, contributing to its growing popularity in the country. The company’s commitment to keeping trading simple and transparent, coupled with its educational resources and customer support, have made it a preferred choice among beginners and experienced traders alike. However, like any other financial investment, forex trading involves risks, so traders should make informed decisions and possibly seek professional advice.