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Is Exness Licensed in Vietnam?
No. Exness is not licensed by the State Bank of Vietnam (SBV) or any Vietnamese financial regulator to provide brokerage services within Vietnam.
Vietnam currently does not have a licensing framework for offshore retail Forex and CFD brokers. As a result, Exness operates as a foreign broker and serves Vietnamese clients through one of its overseas legal entities rather than through a locally licensed company.
This means that opening an Exness account does not establish a customer relationship with a financial institution regulated by Vietnamese authorities. Instead, your account is governed by the laws, regulator, and client agreement of the Exness entity that accepts your registration.
How Are Exness CFD Products Treated Under Vietnamese Law?
Understanding the difference between spot foreign exchange trading and Contracts for Difference (CFDs) is important.
Vietnamese regulations primarily govern activities involving the purchase, sale, or exchange of real currencies and other regulated financial services. Exness does not offer ownership of currencies, stocks, commodities, or cryptocurrencies. Instead, it offers CFDs, which are derivative products that allow traders to speculate on price movements without owning the underlying asset.
Did you know
When trading EUR/USD on Exness, you do not buy or sell actual euros or US dollars.
When trading Gold (XAU/USD), you do not own physical gold.
When trading Bitcoin CFDs, you do not own Bitcoin.
Instead, every position represents a contract based on the price movement of the underlying market.
At the time of writing, Vietnam does not have a specific regulatory framework that licenses or supervises offshore CFD brokers serving retail traders. This means there is no dedicated domestic licensing regime for brokers such as Exness, but it also means these brokers are not supervised by Vietnamese financial regulators.
Are Vietnamese Traders Protected by Vietnamese Law?
Because Exness is not regulated in Vietnam, accounts opened by Vietnamese residents are not protected under Vietnam’s domestic investor protection framework.
If a dispute arises, Vietnamese financial authorities generally do not act as the supervisory authority for the broker. Instead, disputes are typically handled according to:
- the Client Agreement accepted during account registration;
- the overseas Exness legal entity that manages the account; and
- the regulator responsible for supervising that legal entity, where applicable.
For this reason, traders should review the regulator, client protection measures, and dispute resolution procedures of the Exness entity serving Vietnam before depositing funds.
Can I Open an Exness Account in Vietnam?
Yes. At the time of our testing, Vietnamese residents could successfully open a new Exness account online.
The registration process is completed entirely online and requires only a few steps. You first create an account using your email address and country of residence, verify your email, complete identity verification (KYC), choose a trading account, make your first deposit, and then begin trading.
If you need a complete walkthrough with screenshots, document requirements, and step-by-step instructions, read our How to Open an Exness Account guide.
Our Account Registration Test
FX Trading Today independently tested the complete account opening process from Vietnam using a real account.
The table below summarises our measured registration experience, from creating the account to being ready to place the first trade.
| Test Item | Our Result |
|---|---|
| New Account Registration | Successful |
| Vietnamese Residents Accepted | Yes |
| Registration Completed | Under 1 minute |
| Verification Email Received | Under 1 minute |
| Identity Document Accepted | Vietnamese National ID (CCCD), Passport, Driver’s License |
| Identity Verification (KYC) | Under 1 minute |
| Face Verification | Required once before the second deposit or the first withdrawal. |
| Account Approval | Under 1 minute |
| Time Until First Deposit Available | Under 2 minutes |
| Time Until Trading Available | Under 3 minutes |
| Additional Verification Requested | Yes. Face verification. |
| Registration Issues Encountered | None |
Our results are based on testing performed by FX Trading Today using a real account from Vietnam. Your experience may vary depending on your identity documents, network conditions, and Exness’ verification procedures at the time of registration.
Which Exness Regulator Applies to Vietnamese Clients?
Our verified test account was opened under Exness (SC) Ltd, which is authorised and regulated by the Financial Services Authority (FSA) of Seychelles.
According to Exness’ official entity structure, new clients from Vietnam may be onboarded under Exness (SC) Ltd or Exness (VG) Ltd, depending on Exness’ internal onboarding policies and regulatory requirements at the time of registration.
The legal entity assigned to your account determines the regulator that supervises your account and the investor protection measures that apply.
| Country | Legal Entity | Regulator |
|---|---|---|
| Vietnam | Exness (SC) Ltd* or Exness (VG) Ltd | Financial Services Authority (Seychelles) or Financial Services Commission (British Virgin Islands) |
*Our verified account was registered under Exness (SC) Ltd.
What Protection Does This Regulator Provide?
Although Exness is not regulated in Vietnam, Vietnamese clients trade through an applicable Exness legal entity that operates under an overseas regulatory framework. Clients are covered by several protection measures provided by Exness and the applicable regulator.
These protections include:
- Segregated client funds – Client funds are held separately from Exness’ operating funds and are not used to cover the company’s operating expenses or business liabilities.
- Funds held with established financial institutions – Client money is held with established financial institutions to reduce operational risk.
- Regular reconciliation and monitoring – Client balances are regularly reconciled to help ensure that account records remain accurate.
- Diversification of client fund holdings – Client funds are distributed across multiple financial institutions to reduce concentration risk.
- Secure withdrawal verification – Identity verification and security confirmation are required before withdrawals are processed, helping reduce the risk of unauthorised transactions.
- Independent dispute resolution – Exness is a member of The Financial Commission, an independent dispute resolution organisation. Eligible clients may submit unresolved complaints to the Financial Commission. The Financial Commission’s Compensation Fund may provide compensation if a member broker fails to comply with a final award, subject to its rules and eligibility requirements.
Our Assessment
During our testing, our account was opened under Exness (SC) Ltd. This means the applicable investor protection framework was that of Exness (SC) Ltd.
Vietnamese traders are not protected by Vietnam’s domestic financial regulatory system. However, Exness provides several client protection measures under the applicable legal entity. These include segregated client funds, secure withdrawal verification, regular fund reconciliation, and access to independent dispute resolution through The Financial Commission.
These protections do not eliminate the risks of CFD trading or trading with an overseas broker. Before opening an account, confirm which Exness legal entity will serve your account and review the protections available under that entity’s regulatory framework.
Does Exness Support VND?
Yes. Exness supports the Vietnamese Dong (VND) for both trading accounts and local payment services in Vietnam.
Vietnamese traders can choose VND as the base currency for eligible trading accounts and use supported local payment methods to deposit and withdraw funds in VND.
This allows Vietnamese traders to deposit and withdraw funds in VND using supported local payment methods. However, currency conversion may still occur during trading, depending on the account base currency and the instrument being traded.
Can I Open a Trading Account in VND?
Yes. We successfully created a trading account with VND as the account’s base currency.
Choosing VND as your trading account’s base currency affects how your funds are deposited, displayed, and converted during trading.
Key considerations include:
- Deposits and withdrawals can be made in VND through supported local payment methods.
- Currency conversion may be reduced when funding your account using supported VND payment methods.
- Account balances, profit and loss, and trading history are displayed in VND, reducing the need for manual currency conversion when reviewing account performance.
A VND trading account may be suitable for traders whose primary priority is depositing and withdrawing funds in Vietnamese Dong.
However, most CFD instruments available on Exness are denominated in USD or another foreign currency. As a result, currency conversion may still occur when opening and closing trades, even if your trading account uses VND as its base currency.
Which Trading Accounts Support VND?
Not every Exness trading account supports Vietnamese Dong (VND) as the account’s base currency.
We confirmed that VND was available for the following account types:
| Trading Account | VND Supported |
|---|---|
| Standard | ✓ |
| Pro | ✓ |
| Raw Spread | ✓ |
| Zero | ✓ |
| Standard Cent | ✗ |
If you plan to use VND as your account’s base currency, you should choose one of the supported account types when creating your trading account.
The Standard Cent account does not currently support VND. If you want to use a Cent account, you will need to select another supported account currency, such as USD.
Before creating your trading account, decide whether your priority is convenient deposits and withdrawals in Vietnamese Dong or reducing currency conversions during trading. Selecting the appropriate account currency at the beginning can help avoid creating additional trading accounts later.
Currency Conversion Considerations
Although Exness supports deposits and withdrawals in Vietnamese Dong, currency conversion may still occur depending on your trading account currency and payment method.
We deposited funds into a USD trading account using a local VND payment method. The payment provider converted our deposit at an exchange rate of 26,518 VND per USD. Using the same payment method, our withdrawal was converted at 26,322 VND per USD.
| FX Trading Today Test | Result |
|---|---|
| Deposit Currency | VND |
| Trading Account Currency | USD |
| Deposit Exchange Rate | 26,518 VND/USD |
| Withdrawal Exchange Rate | 26,322 VND/USD |
| Exchange Rate Difference | Approximately 0.74% |
The exchange rate difference shown above reflects the results of our own testing only. It should not be interpreted as a fixed Exness fee. The actual conversion rate may vary depending on:
- the payment provider;
- market exchange rates at the time of the transaction;
- your trading account’s base currency; and
- the payment method used.
For traders who regularly trade USD-denominated CFD products, we generally recommend using USD as the trading account’s base currency. While a VND account offers greater convenience for local deposits and withdrawals, a USD account reduces currency conversions during trading and may minimise exchange rate differences over time.
Can I Deposit and Withdraw in VND?
Yes. Exness supports VND deposits via VietQR and VND withdrawals via Internet Banking, with support for most Vietnamese banks.
We successfully deposited and withdrew funds in VND without any issues. The deposit was credited to our trading account in approximately 2 minutes, while the withdrawal was completed in approximately 4 minutes using the same local payment method.
| FX Trading Today Payment Test | Result |
| Deposit Currency | VND |
| Withdrawal Currency | VND |
| Deposit Processing Time | Approximately 2 minutes |
| Withdrawal Processing Time | Approximately 4 minutes |
| Deposit Fee | None |
| Withdrawal Fee | None |
Before making a deposit, you must provide the required payment information for your selected payment method, such as your bank account details
We found that Exness required one additional security verification step before processing our withdrawal. Depending on the account’s security settings, one of the following verification methods was used:
- SMS verification code
- Email verification code
- Push notification through the Exness mobile app
- Two-factor authentication (2FA), where enabled
The verification method presented may vary depending on your account security settings and the payment method used.
Although Exness did not charge any deposit or withdrawal fees, traders should still consider the impact of currency conversion.
Our Experience Using Exness in Vietnam
Website Accessibility
When we accessed Exness from Vietnam, we found that not every official Exness website domain was accessible through Vietnamese internet connections.
Some official Exness domains that were accessible in other Asian countries could not be opened directly from Vietnam. Attempting to access these domains resulted in connection failures unless a VPN was used.
If you are opening an Exness account for the first time, using a verified registration link may help avoid this issue. In our verification, the registration link redirected us to an official Exness domain that remained accessible from Vietnam.
Our Experience
Several official Exness domains were inaccessible from Vietnam. However, the registration link we used continued to work without requiring a VPN.
Mobile App Availability
The Exness mobile app was available for download from both Google Play and the Apple App Store in Vietnam.
We installed the application successfully on both Android and iOS devices without requiring any additional configuration.
Vietnamese Language Support
Exness provides a fully localized Vietnamese interface across both its website and mobile application.
The account registration process, account management, deposits, withdrawals, and trading functions were all available in Vietnamese on the accounts we verified.
Customer Support in Vietnamese
We contacted Exness customer support using Vietnamese to evaluate the local support experience.
The initial response was handled by the Exness chatbot, which was able to answer basic account and platform questions.
When we requested assistance from a human support representative, the conversation was transferred automatically. A Vietnamese-speaking support agent joined the chat in approximately two minutes.
Our Experience
Basic questions were answered immediately by the chatbot. More complex questions were transferred to a Vietnamese-speaking support agent, who responded within approximately two minutes.
Our Assessment
Based on our testing, Exness provides a localized experience that is generally suitable for traders in Vietnam.
The platform supports the Vietnamese language across its website, mobile applications, and customer support. The only notable limitation we encountered was that some official Exness domains were inaccessible from Vietnam without a VPN. However, this did not prevent us from registering an account or using the platform through an accessible official domain.
Is Exness the Best Broker for Vietnamese Traders in 2026?
Our testing showed that Exness provides a localized trading experience for Vietnamese traders. The platform supports VND deposits and withdrawals, VND trading accounts, Vietnamese language, and Vietnamese-speaking customer support.
The main limitation is that Exness is not regulated in Vietnam. Accounts are opened under an overseas Exness legal entity, so Vietnamese investor protection does not apply.
Overall, if you are comfortable trading with an overseas-regulated CFD broker, Exness is one of the strongest options we tested for Vietnamese traders due to its local payment support, localized platform, and straightforward account opening process.
