Prop trading in Vietnam is quietly moving from niche to notable. Traders from Ho Chi Minh City, Hanoi, and Da Nang are turning to prop evaluations (thi quỹ Forex) to access scalable capital (quỹ cấp vốn), apply disciplined risk frameworks, and withdraw profits in a predictable cadence—without tying up large personal funds. If you’re exploring prop trading in Vietnam, this guide explains the model, the Vietnam-specific regulatory lens (SSC, SBV), costs in VND, payout rails, a neutral shortlist, and a practical plan to pass evaluations while protecting downside. For a fundamentals primer on selecting a program, see How to Choose a Prop Firm.
Page Contents
- 1. TL;DR — At a Glance (VN)
- 2. Understanding the Prop Trading Model (Vietnam Context)
- 3. Why Prop Trading Is Growing in Vietnam
- 4. Regulatory Snapshot: SSC, SBV & Payment Rails
- 5. Payouts in Vietnam: USDT vs. Local Bank
- 6. Costs & Expected Value (EV) in VND
- 7. Table A — Common Evaluation Models (Directional, in VND)
- 8. Table B — Pass/Fail EV Sketch (Illustrative, VND)
- 9. Vietnam Trading Hours (GMT+7)
- 10. Trust & Safety (Vietnam)
- 11. Drawdown Designs — What You Must Decode
- 12. Worked Sizing Example (VND, Illustrative)
- 13. 30-Day Pass Plan (Two-Step, Vietnam)
- 14. Starter Playbooks (Vietnam Session Awareness)
- 15. 1) Vàng (XAUUSD) Scalping Strategy
- 16. 2) Index Intraday Mean-Reversion
- 17. 3) Swing FX with News Filters
- 18. Choosing a Reputable Prop (Vietnam-Focused Checklist)
- 19. Shortlist & Quick Picks (Vietnam-Friendly)
- 20. Pros & Cons
- 21. Tips to Pass Evaluations (Vietnam Edition)
- 22. Stats & Insights (VN Context)
- 23. Conclusion
- 24. Prop Trading in Vietnam — FAQs
- 25. Related Reading
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TL;DR — At a Glance (VN)
- Model: Pass an evaluation → receive a tài khoản funded (often simulated) → trade under daily/max drawdown limits → share profits.
- Directional targets: Two-step tracks often ~6–10% with ~8–12% max DD; daily loss ~4–5%.
- Vietnam lens: Confirm if your program is simulation-only with contractual payouts or distributing leveraged products/CFDs to VN residents (marketing/conduct expectations may apply).
- Budgeting in VND: Evaluation + resets + platform/data + payout/FX fees → track Expected Value (EV) per attempt.
- Execution: Size from the tightest rule (often daily loss). Protect the worst day; limit correlated exposures (e.g., XAUUSD with USD-sensitive indices).
Understanding the Prop Trading Model (Vietnam Context)
Prop trading in Vietnam follows the global template. You pass an evaluation with explicit risk limits—daily loss, max drawdown, minimum days/consistency, and sometimes style restrictions (news, EAs, trade copiers). After passing, you trade a funded (often simulated) account on MT5, cTrader, TradeLocker, or DXtrade via partner brokers. The best operators state rules in plain language, keep them stable, and process payouts on predictable schedules.
Why Prop Trading Is Growing in Vietnam
- Access and scaling: Funded accounts can scale faster than small personal accounts.
- Discipline via rules: Evaluation constraints encourage risk budgets and cleaner setup selection.
- Local readiness: Reliable internet, mobile-first workflows, and broad platform familiarity in HCMC, Hanoi, Hai Phong.
- Attractive splits: Profit shares commonly 70/30–90/10 in favor of the trader with consistent results.
Directional note: Traders who size to the daily loss cap (not the headline max DD) usually pass with fewer trades and lower stress.
Regulatory Snapshot: SSC, SBV & Payment Rails
- SSC (State Securities Commission): Oversees Vietnam’s securities markets. If a provider markets or distributes regulated securities/derivatives to VN retail, local conduct standards may be relevant. See the official site: ssc.gov.vn.
- SBV (State Bank of Vietnam): Supervises banking and payment systems. Expect KYC/AML, name-matched payouts, and clarity on remittance channels. Official site: sbv.gov.vn.
- Program structure matters: Many prop challenges are simulation-only with contractual payouts; others are operationally linked to OTC derivatives via partner brokers. Confirm which model applies to you as a VN resident.
- Payout rails: Bank transfers via NAPAS-connected rails, and—where supported—trusted processors. Some traders also utilize e-wallets like MoMo, ZaloPay, or ViettelPay (availability varies by program). Pro Tip for Vietnamese traders: Many local traders prefer USDT (TRC20) or intermediaries like Deel/Rise for faster payouts and to reduce potential bank inquiries about “overseas income”.
Bottom line: The prop model itself is permitted; compliance questions hinge on what is marketed/distributed to VN retail and whether associated permissions apply. Ask for clear structural disclosures.
Payouts in Vietnam: USDT vs. Local Bank
- USDT (TRC20): Often the quickest route; widely supported by global payout processors; lower friction for cross-border remittances.
- Deel / Rise: Payroll-style intermediaries that can route payouts to VN banks; clearer audit trails and name-matching.
- Local bank wires (NAPAS rails): Work well but may trigger extra questions if the sender is categorized as a “Forex/overseas” entity. Keep invoices, statements, and ID matches ready.
- Good practice: Use exact legal names, keep payout screenshots, and reconcile with bank statements for any SSC/SBV inquiry.
Costs & Expected Value (EV) in VND
- Upfront: Evaluation fee (varies by account size and model). For low-cost comparisons, see our Cheapest Prop Firm Challenges.
- Variable: Resets, platform/data add-ons, payout/FX fees, and local bank/e-wallet charges.
- Hidden: Time cost, slippage around Tier-1 news, mental load from trailing drawdown structures.
FX note: Directional conversions assume roughly 1 USD ≈ 25,400 VND. Always check your prop’s live pricing and processor FX rates before purchase.
Table A — Common Evaluation Models (Directional, in VND)
Note: VND amounts are budgeting ranges—verify current pricing with each provider before purchase.
| Model | Profit Target | Max Drawdown | Daily Loss | Min Trading Days | Typical Fee Range (VND) |
|---|---|---|---|---|---|
| 1-Step | ~8–10% | ~8–10% | ~4–5% | 0–5 | ₫3,800,000–₫10,500,000 |
| 2-Step | ~6–10% / 4–8% | ~8–12% | ~4–5% | 5–10 | ₫2,900,000–₫8,800,000 |
| Instant Funding | Lower targets; stricter rules | ~6–10% | ~3–5% | 0–3 | ₫6,800,000–₫16,500,000 |
Table B — Pass/Fail EV Sketch (Illustrative, VND)
| Assumption | Value (VND) |
|---|---|
| Evaluation Fee | ₫6,900,000 |
| Average Resets per Pass | 1 (₫3,450,000) |
| Expected First Payout | ₫19,500,000 |
| Estimated Pass Probability per Attempt | 25% (directional) |
| Expected Cost | ₫10,350,000 |
| Expected Benefit | 0.25 × ₫19,500,000 = ₫4,875,000 |
Decision lens: Raise pass probability before size—enforce a hard daily stop, cut correlation, and trade fewer but higher-quality setups.
Vietnam Trading Hours (GMT+7)
| Session / Event | Vietnam Time (ICT) | Notes |
|---|---|---|
| Tokyo Open | 07:00 | Morning volatility; FX range building |
| London Open | 14:00–15:00 | Main volume start; spreads tighten |
| New York Open | 19:00–20:00 | “Gold” prime time for XAUUSD momentum |
| Major US Data (e.g., CPI/NFP) | ~19:30 | Expect spread/slippage spikes; define rules |
Trust & Safety (Vietnam)
Important Regulatory Note: Prop trading firms offer simulated trading (demo accounts) with contractual rewards. They are not securities brokers and do not hold client funds for investment. Vietnamese traders should avoid any “ủy thác đầu tư” fund asking for capital contributions with guaranteed returns—these are common red flags noted by the SSC. When in doubt, consult SSC guidance and keep payout documentation ready for SBV-related inquiries.
Drawdown Designs — What You Must Decode
- Equity vs Balance: Equity drawdown tracks floating P/L intraday; balance drawdown references closed equity only.
- Static vs Trailing: Trailing reduces cushion after new highs; static remains fixed.
- Intraday vs End-of-Day: Intraday enforcement is stricter—budget the path, not just the endpoint. See practical selection tips in How to Choose a Prop Firm.
Worked Sizing Example (VND, Illustrative)
Daily loss cap = ₫80,000,000. Trading XAUUSD with ≈ US$10/tick (~₫250,000 per tick, directional). With a 30-tick stop, risk ≈ ₫7,500,000 per lot.
Target ≤ 70% of daily cap → 0.70 × 80,000,000 = ₫56,000,000 risk/day
Max lots if 1 trade = 56,000,000 / 7,500,000 ≈ 7.46 → use 7 lots
If 2 trades/day (equal risk) → 28,000,000 per trade → 28,000,000 / 7,500,000 ≈ 3.73 → 3 lots per trade
Engineer backwards from the daily cap; your job is to survive the worst day.
30-Day Pass Plan (Two-Step, Vietnam)
- Days 1–3: Platform, spread, and fill checks during Asia/London handover; smallest size; screenshot fills.
- Days 4–10: One playbook only (gold momentum or index mean-reversion); 1–2 trades/day.
- Days 11–16: Maintain pace; no new strategies; scale only within the A-setup.
- Days 17–22: Skip marginal days; protect equity curve; respect news windows.
- Days 23–27: Close target with A+ setups; zero revenge trading.
- Days 28–30: Trade only if needed—and only A+ signals.
Starter Playbooks (Vietnam Session Awareness)
1) Vàng (XAUUSD) Scalping Strategy
- Instrument/TF: XAUUSD, M15–H1; focus on London–NY overlap (~8:00 PM–12:00 AM ICT).
- Entry/exit: Break of session high; ATR-scaled stop; partials at 1.0R/1.5R; trail with 20-EMA swings.
- Risk: 0.25–0.5R; worst day ≤ 70% of daily limit.
- Vietnam note: Gold spread/commission quality is the #1 factor many VN traders check before joining a firm—compare it explicitly across candidates.
2) Index Intraday Mean-Reversion
- Instrument/TF: US100/US30, M5–M15 during US session (8:30 PM–4:00 AM ICT).
- Entry/exit: Fade 2–3× ATR extensions into VWAP; exit at VWAP/first structure.
3) Swing FX with News Filters
- Instrument/TF: Major FX pairs, H1–H4; Asia→London transitions.
- Entry/exit: Break-retest + RSI divergence; targets at prior swing or 2.0R.
Choosing a Reputable Prop (Vietnam-Focused Checklist)
- Structure & licensing posture: Simulation-only vs derivative distribution—ask for clarity and public registry links if licenses are claimed. See our practical guide: How to Choose a Prop Firm.
- Drawdown logic: Equity vs balance; static vs trailing; intraday vs EOD.
- Payout practicality: VN bank transfers (NAPAS), USDT (TRC20), or supported processors/e-wallets (Deel, Rise, MoMo, ZaloPay, ViettelPay); confirm timelines/fees.
- All-in costs: Evaluation + resets + platform/data + payout + FX.
- Evidence & support: Recent payout proofs, dispute-resolution SLAs, stable T&Cs (news/EAs/copier/lot caps). Community tip: Scan Vietnamese trader hubs like TraderViet or “Cộng đồng Trader” groups for real-world payout experiences.
Shortlist & Quick Picks (Vietnam-Friendly)
Use this starting universe to explore options. Inclusion ≠ endorsement; verify fees, rules, and payout rails for Vietnam before paying any fees. If you’re new to evaluations, skim our Beginner-Friendly Challenges first.
- FTMO — Two-step evaluation; strong education/history. Best for: process-driven traders.
- The5ers — Flexible timelines/scaling. Best for: consistency profiles.
- E8 / E8 Markets — Polished dashboards; 1–2 step options. Best for: UX lovers.
- DNA Funded / True Forex Funds — Competitive pricing; verify payout speed/stability.
- Region-friendly picks: Programs that clearly accept Vietnamese applicants and publish payout guidance for VN rails.
| Prop Firm | Prop firms that restrict clients from Vietnam |
|---|---|
| Funding Pips | |
| FXIFY | |
| FundedNext | |
| Apex Trader Funding | |
| TX3 Funding (Toptier Trader Rebrand) | |
| MyFundedFX | |
| Topstep | |
| Blue Guardian | |
| Goat Funded Trader |
Pros & Cons
- Pros: Scalable capital; high profit splits; rule-driven discipline; familiar platforms; flexible session overlaps.
- Cons: Evaluation/reset costs; complex rulebooks; payout/FX frictions if rails aren’t optimized.
Tips to Pass Evaluations (Vietnam Edition)
- Engineer to the daily cap (worst day ≤ 60–70%).
- ATR-normalize risk; limit correlated themes; cap attempts per day.
- Install a daily kill switch (e.g., −1R/−2R) and stop trading when hit.
- Favor A+ setups during London–NY overlap; avoid low-liquidity tails.
- Journal screenshots and reconcile fills with platform statements for any dispute.
Stats & Insights (VN Context)
- Retail-facing prop programs expanded rapidly post-2020 (directional estimate: global users in the hundreds of thousands).
- Payout cycles commonly biweekly or monthly; thresholds often US$100–$250 equivalent.
- Typical two-step targets: ~6–10% with ~8–12% max DD; intraday daily loss commonly ~4–5%.
Conclusion
Prop trading in Vietnam can be a disciplined and scalable path if you choose transparent operators, size to the strictest constraint, document everything, and only scale after successful withdrawals.
Prop Trading in Vietnam — FAQs
It can be—if you have an edge, strict risk controls, and rules that fit your execution. Look for transparent terms, realistic targets, and fair profit splits (often 70/30–90/10).
The prop model itself is permitted. The key is structure: simulation with contractual payouts vs. distribution/marketing of regulated leveraged products to VN retail. If the latter applies, local conduct expectations may apply—ask providers to clarify the model.
Results vary widely. Focus on risk-adjusted returns, payout %, account size, and consistency in VND terms rather than headline profits.
Yes—if you size from the tightest rule (often the daily loss cap), limit correlated exposure, and stop trading after a hard daily limit (e.g., −1R to −2R).
Commonly the London–NY overlap (~8:00 PM–12:00 AM ICT) for liquidity and range expansion; manage spreads/slippage around Tier-1 news.
Some programs or processors support local rails indirectly. The most reliable route remains VN bank transfers via NAPAS with name-matched KYC; availability of MoMo/ZaloPay/ViettelPay varies by provider.
With ~1.2R average and ~45% win rate, roughly 9–12 high-quality trades can suffice. Fewer, better setups usually outperform frequent small scalps.
It depends on the firm. Check T&Cs for EA/copier permissions, lot caps, news-trading rules, and inactivity clauses before purchase.
Biweekly or monthly is common, with minimum thresholds (often US$100–$250 equivalent). Confirm fees, FX conversion, and typical SEPA/processor timelines for VN bank accounts.
Engineer risk from the daily cap backward. Keep worst-day risk ≤60–70% of the cap and cap attempts per day to avoid path-dependent breaches.
Equity DD tracks floating P/L intraday (stricter); balance DD references closed equity only. Trailing versions tighten after new highs; static stay fixed. Match your strategy to the firm’s definition.
