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IC Markets in Vietnam: Is it Available and Legit?

Andrey Mastykin
Written by:
Andrey Mastykin
Dan Blystone
Reviewed by:
Dan Blystone
Chinmay Soni
Fact-checked by:
Chinmay Soni
Updated:
June 05, 2026
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IC Markets isn't available in US
IC Markets REVIEW

As of June 2026, IC Markets is available to traders and investors in Vietnam. This accessibility confirms the broker's authorization to operate within Vietnam and its compliance with the necessary regulatory requirements.

Essential details of IC Markets services in Vietnam

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

IC Markets is accessible to traders and investors in Vietnam. Key highlights include:

  • Vietnam residents can open an account with IC Markets
  • IC Markets has earned an overall rating of 7.95/10 points according to our methodology.
  • IC Markets received 9.9/10 points for regulation and safety.
  • For more detailed information, see our comprehensive IC Markets review.

Is IC Markets a regulated broker? Is it safe?

IC Markets is a regulated Forex broker operating under the supervision of the following regulatory authorities:

IC Markets regulation review
ASIC ASIC ASIC regulates financial services, markets, and securities, enforcing laws to protect Australian consumers, investors, and creditors. It is stringent in its operations, with a focus on transparency and fairness in financial products and services.
Full Name Australian Securities and Investments Commission Country Australia Protection Fund No specific fund but has stringent consumer protection Regulation level Tier-1
CySec CySec CySec regulates investment firms, brokers, and their transactions in securities and derivatives on the Cyprus Stock Exchange. It imposes strict operational conditions, regular audits, and financial compliance.
Full Name Cyprus Securities and Exchange Commission Country Cyprus Protection Fund Up to €20,000 Regulation level Tier-1
FSA (Seychelles) FSA (Seychelles) FSA Seychelles regulates the non-bank financial services in Seychelles, aiming to promote their efficiency and transparency.
Full Name Financial Services Authority of Seychelles Country Seychelles Protection Fund No specific fund Regulation level Tier-3
The Financial Commission The Financial Commission The Financial Commission offers traders a straightforward and efficient way to resolve disputes with their brokers, providing protection and peace of mind. It ensures that traders have access to a neutral body that can help address their concerns quickly and fairly. Additionally, the Financial Commission has a compensation fund of up to €20,000 per client, which traders can access if a member broker fails to comply with a judgment.
Full Name The Financial Commission Country International Protection Fund Up to €20,000 Regulation level Tier-3

Is IC Markets safe to use in Vietnam?

A broker’s security is largely defined by its regulatory status. IC Markets is supervised by a Tier-1 authority, which is considered the highest level of oversight in the financial industry. Such brokers must comply with strict requirements on capital, transparency, and client fund protection. In addition, the presence of an Investor Compensation Fund and a proven track record in financial markets further strengthen trust. According to our methodology, IC Markets received a Regulation and safety score of 9.9/10, placing it among the most secure brokers.

Is Forex trading allowed in Vietnam? Is Forex taxable in Vietnam?

  • Licensing in Vietnam

    Forex trading in Vietnam falls under the jurisdiction of the State Bank of Vietnam (SBV) and the Ministry of Finance of Vietnam (MoF), which oversee and regulate the Forex market. These regulatory authorities are responsible for setting and enforcing strict rules and guidelines to ensure the integrity and stability of the Forex trading environment in Vietnam.

  • Investor protection in Vietnam

    In Vietnam, the SBV and MoF regulations are primarily focused on protecting investors by fostering transparency, fairness, and accountability within the Forex market. These regulations aim to protect investor interests and rights, mitigate risks, and prevent fraudulent activities. By ensuring ethical and equitable trading practices, these regulatory bodies contribute to building trust and confidence among investors in the Vietnamese Forex market.

  • Taxation in Vietnam

    Profits derived from Forex trading activities in Vietnam are subject to income tax. The tax rates applicable to Forex trading profits vary depending on the level of profits, with rates ranging from 0% to 25%. Traders are required to comply with tax regulations and accurately report their trading income to the relevant authorities. Failure to adhere to tax laws may result in penalties or legal consequences, emphasizing the importance of ensuring tax compliance in Forex trading activities in Vietnam.

IC Markets vs other regulated brokers in Vietnam

To provide a clear understanding of available options for traders in Vietnam, Traders Union compared IC Markets trading conditions with those of other regulated brokers accepting clients in the region.

Regulation ASIC, CySEC, FSA (Seychelles), The Financial Commission FSC, FSCA, ASIC, FSA SVG CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya)
Minimum deposit $200 $50 $5
Currency pairs 61 34 57
Floating spread EUR/USD, min pips 0.8 0.6 0.7
Floating spread EUR/USD, max pips 1.0 0.8 1.2
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Why trust us

Independent analysis, real experts, and transparent methodology

  • 15+ years of independent market analysis

  • 140+ evaluation criteria, reviewed by 50+ experts

  • Data-driven reviews of 200+ platforms, updated regularly

  • 20+ industry awards & a wide network of global media partners

Learn more about our methodology and editorial policies.

why trust us why trust us why trust us why trust us why trust us why trust us

Expert Advice

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

  • In my experience, a hallmark of a reliable broker is the ease with which you can verify its operations in your country. Many top-tier brokers provide detailed FAQs or interactive maps on their websites, clearly outlining the regions they serve. If this information isn’t readily available, contact their customer support directly. A reputable broker will have knowledgeable support staff who can clarify its regulatory status and geographic reach.

Editors' Top Picks and Insights

All news

Team that worked on the article

Andrey Mastykin
Andrey Mastykin
Head of Company Reviews and Ratings

Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.

Learn about our editorial policies
Dan Blystone
Dan Blystone
Senior English Editor

Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.

Chinmay Soni
Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.

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