Viet Capital Account Type

Viet Capital offers several types of accounts for investors, including:

• Stock Trading Account: This account allows clients to trade stocks, bonds, and derivatives on Vietnamese exchanges through direct brokerage with Viet Capital.
• Foreign Indirect Investment Account (FIIA): This account is designed for foreign residents to invest in foreign assets through a financial intermediary in their country.

Both account types require a minimum deposit of 1 VND and provide access to various trading instruments, including stocks, bonds, futures, covered warrants, stock indices, and ETFs. Viet Capital does not offer access to international stock exchanges, making it more suitable for those focused on the Vietnamese market.

Viet Capital Broker Account Opening Process

To open a trading account with Viet Capital, follow these steps:

• Visit the Official Website: Go to the Viet Capital website and click on the "Open Account" button.
• Initial Information: Enter your phone number and email address, select the type of trading account (self-trading or managed), and choose your servicing branch.
• Documentation: Upload a photo of your identity document and undergo online verification using a smartphone.
• For Foreign Residents: Non-residents must contact a Viet Capital manager by phone or visit the office to open an account. They will need to provide a securities trading code (STC) and necessary documents as specified on the broker's official website.

The account opening process can be complex for non-Vietnamese residents due to regulatory requirements, but it is essential for accessing the Vietnamese financial markets.