The Vietnamese language is the national and official language of Vietnam and is apart of the Austroasiatic language family. There are over 75 million people who speak the Vietnamese language and they are found throughout the world but primarily in Vietnam, East and South East Asia. Vietnam is the 14th most populated country in the world, and therefore you would think they have a booming online trading market. However, due to regulatory reasons, Forex trading is deemed illegal in Vietnam. This does affect the number of Vietnamese speaking trading brokerages, but there is still a market for online forex and CFD trading in Vietnam and other Asian countries. All in all, Vietnamese speaking people should not have any trouble finding a Vietnamese speaking trading brokerage because there is such a large population that speaks Vietnamese.show more
The most commonly accepted currency for Vietnamese speaking trading brokers is the Vietnamese Dong. Other commonly accepted currencies include the Japanese Yen, Chinese Renminbi, or Korean Won.As for international trading brokers who support the Vietnamese language, which many of the larger brokers do, they often accept US Dollars, Euros, and the UK Pound. To find out if the currency you deal with is accepted by a Vietnamese speaking trading broker, simply check the FAQ page or deposits and withdrawal page on the brokers website.
More often than not, Vietnamese speaking trading brokerages are international brokers who service traders from East and Southeast Asia. However, it is not uncommon for trading brokers in North America, Australia and Western Europe to offer services in the Vietnamese language as well. The Vietnamese language is internationally recognised with large and established Vietnamese speaking communities in Australia, Canada, France, and the United States. Therefore, Vietnamese speaking trading brokers are found throughout the world to accommodate these people. To see which countries are supported by any Vietnamese speaking broker, proceed with the registration page and see if it’s supported.
Most online trading brokerages supporting the Vietnamese language do so in addition to others. The most commonly supported languages along with Vietnamese include Chinese, Japanese, Korean, English and Spanish. However, many others are supported as well, but it depends on where the trading broker is based. Just about every online trading broker will state which languages they support in the top right corner of their website. You will find a language drop down menu that’s often represented by the languages associated country’s flag.
Vietnamese speaking trading brokers will often support various e-wallets and prepaid cards as the primary banking method. They also accept international wire transfers, bank transfers, and debit cards and credit cards. Also, cryptocurrencies are becoming an increasingly popular banking method in some parts of East and South East Asia including Vietnam. To check if a Vietnamese speaking broker supports your preferred banking method, simply check the FAQ page or deposits and withdrawals page. Also, it’s important to check the associated fees as the can vary greatly from broker to broker.