VIET CAPITAL Forex Broker

Viet Capital Broker - Complete Information Guide

1. Broker Overview

　　Viet Capital, officially known as Viet Capital Securities Joint Stock Company, was established in 2007. This brokerage firm is headquartered in Ho Chi Minh City, Vietnam, with additional offices located in Hanoi. Viet Capital operates as a private company and is recognized as one of the leading brokerage firms in Vietnam, providing a wide array of services primarily to retail and institutional clients.

　　Since its inception, Viet Capital has achieved significant milestones, including becoming a member of the Ho Chi Minh Stock Exchange (HOSE) in December 2007 and being ranked among the 50 largest companies in Vietnam by Forbes Vietnam. The firm has received over 25 awards for excellence in brokerage and investment services, underscoring its reputation within the financial markets.

　　Viet Capital primarily focuses on the Vietnamese financial markets, offering access to the Hanoi Stock Exchange (HNX), the Ho Chi Minh Stock Exchange (HOSE), and the Unlisted Public Company Market (UPCoM). The company provides a robust business model that includes retail forex trading, capital management, and advisory services, catering to a diverse clientele interested in Vietnamese securities.

2. Regulatory and Compliance Information

　　Viet Capital operates under the supervision of the State Securities Commission of Vietnam (SSC), which regulates its activities and ensures compliance with national financial laws. The regulatory license number issued to Viet Capital is 68/U BCK-GP. This license remains valid as long as the company adheres to the regulations set forth by the SSC.

　　The broker's primary legal entity operates in Vietnam, and it is committed to maintaining the highest standards of compliance. Viet Capital implements a client fund segregation policy, ensuring that client funds are kept separate from the companys operational funds, providing an additional layer of security for investors.

　　Viet Capital is also compliant with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which require thorough verification of client identities to prevent fraudulent activities. This compliance is essential for maintaining the integrity of its operations and protecting its clients.

3. Trading Products and Services

　　Viet Capital offers a diverse range of trading products, primarily focusing on the Vietnamese markets. Clients can trade a variety of currency pairs, with a total of over 30 forex pairs available for trading, including major, minor, and exotic pairs.

　　In addition to forex, Viet Capital provides access to Contracts for Difference (CFDs) across several asset classes, including:

• Indices: Major Vietnamese stock indices such as the VN-Index.
• Commodities: Various commodities available for speculative trading.
• Stocks: A wide selection of stocks from Vietnamese companies.
• Cryptocurrencies: Limited offerings, primarily focusing on major cryptocurrencies.

　　The firm regularly updates its product offerings to include new asset classes based on market demand and client interest. Viet Capital also provides retail trading services, allowing individual investors to participate in the financial markets, while also catering to institutional clients with tailored solutions.

　　Furthermore, Viet Capital offers portfolio management services, allowing clients to benefit from professional management of their investments, tailored to their specific financial goals and risk tolerance.

4. Trading Platforms and Technology

　　Viet Capital supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), providing traders with access to advanced trading tools and features. The broker has also developed its proprietary trading platform, known as VietCap Pro, which is designed for both desktop and mobile trading, ensuring a seamless trading experience across devices.

　　The web-based trading platform allows clients to trade directly from their browsers without the need for downloads, while the mobile application is available on both iOS and Android platforms, enabling traders to manage their accounts and execute trades on the go.

　　Viet Capital operates on a Market Making execution model, where the broker acts as the counterparty to trades. This model is supported by a robust technical infrastructure, with servers located in Vietnam to ensure low latency and efficient order execution. Additionally, the broker provides API access for automated trading, catering to clients who prefer algorithmic trading strategies.

5. Account Types and Trading Conditions

　　Viet Capital offers several account types tailored to meet the needs of different traders. The standard account requires a minimum deposit of just 1 VND, with competitive spreads starting from 0.1% for stock transactions.

　　For more experienced traders, Viet Capital provides VIP and professional accounts, which come with enhanced features and lower fees. The firm does not offer Islamic accounts or specific corporate accounts, but it does provide simulated trading accounts upon request.

　　Leverage is not available for most accounts, ensuring that traders engage in responsible trading practices. The minimum trade size is set at 1 share, 1 futures contract, or 1 bond, allowing for flexible trading options. Viet Capital also outlines its overnight fees and policies transparently, ensuring clients are informed of any potential costs associated with holding positions overnight.

6. Funds Management

　　Viet Capital supports various deposit methods, including bank transfers and QR code cash deposits through partner banks, making it easy for clients to fund their accounts. The minimum deposit requirement varies depending on the account type, with the standard account requiring a minimum of 1 VND.

　　Deposits are typically processed within one business day, allowing clients to start trading quickly. However, Viet Capital does not charge fees for deposits; clients should be aware that banks may impose their own charges.

　　Withdrawals can only be made to personal bank accounts, and Viet Capital does not support withdrawals to credit/debit cards or electronic wallets. The withdrawal processing time is generally one business day, but clients should confirm with their banks regarding any potential delays. Viet Capital does not charge for withdrawals either, though bank fees may apply.

7. Customer Support and Educational Resources

　　Viet Capital offers customer support primarily through phone and email, with a dedicated team available during business hours from 8:00 AM to 5:00 PM (GMT +7), Monday to Friday. The company also maintains an active presence on social media platforms, allowing clients to reach out for assistance.

　　While the support is available in Vietnamese, there is limited multilingual support for international clients. Viet Capital provides a variety of educational resources, including market analysis reports and trading tutorials, though the majority of these materials are available only in Vietnamese.

　　The broker also offers market analysis services, including daily updates and research reports, which can help clients make informed trading decisions. Various trading tools, such as calculators and economic calendars, are also accessible through their platforms.

8. Regional Coverage and Restrictions

　　Viet Capital primarily serves clients in Vietnam, focusing on local traders and investors. The broker has offices in Ho Chi Minh City and Hanoi, ensuring comprehensive coverage of the Vietnamese market.

　　However, Viet Capital does not accept clients from certain jurisdictions, including Singapore and other regions where local regulations may restrict its operations. Detailed information regarding specific restrictions is typically provided during the account registration process.

　　In summary, Viet Capital stands as a reputable broker within the Vietnamese financial landscape, offering a comprehensive suite of services aimed at both retail and institutional clients. With a commitment to regulatory compliance and a focus on local market opportunities, the firm continues to grow and adapt to the evolving needs of its clientele.