Proprietary trading companies have recently become popular in the Vietnamese trader community. Instead of having to spend a large amount of capital to trade on their own, traders can join the Prop Firms challenge to be granted accounts from several thousand to hundreds of thousands of USD. However, a big question is: Are there many Prop Firms accepting traders from Vietnam? Let’s find out the answer with PF Insight through the article below.
Why are Vietnamese traders interested in Prop Firms?
Vietnamese traders are interested in Prop Firms for the following reasons:
Access to large capital: Starting out in trading can be a challenge for many Vietnamese traders due to their limited personal capital. This makes proprietary brokerages an attractive option. For a trial fee of a few hundred dollars, traders have the opportunity to manage a funded account of up to $100,000 – $200,000, expanding their profit potential and developing their skills in a professional environment.
Reduced personal financial risk: If you join a Prop Firms, you only lose the challenge fee you paid, instead of risking all your actual capital during the transaction. This helps traders reduce financial risk and brings psychological comfort.
Career development opportunities: Prop Firms accepting traders from Vietnam offer traders the opportunity to turn their passion for trading into a long-term career. With access to capital, a transparent environment, and clear risk management rules, traders can practice discipline, improve their skills, and build a stable financial career.
Transparent and disciplined environment: When trading at a Prop Firms, traders must strictly adhere to capital management principles such as daily loss limits, maximum drawdown and risk ratio per order. Adhering to these principles not only helps preserve the account but also trains patience and improves trading performance.
Challenges that Vietnamese traders face when joining Prop Firms
Challenges that Vietnamese traders face when joining Prop Firms
When participating in Prop Firms accepting traders from Vietnam, you will encounter some difficulties as follows:
Language barrier: Most proprietary trading firms use English as the primary language in their systems, from their websites to their contracts, terms and conditions, and customer service departments. This can be a major barrier for many Vietnamese traders, making it more difficult to understand the rules, communicate and handle situations.
International payments: To participate and pay challenge fees at Prop Firms, traders must have a Visa or MasterCard, as well as a popular e-wallet such as Skrill, Neteller or Wise. Since Prop Firms does not accept domestic payment methods in Vietnam, many traders have difficulty depositing and withdrawing funds.
Some prop firms restrict Vietnamese traders: Some reputable proprietary trading companies in the world may restrict or refuse to accept Vietnamese traders. This is often due to legal regulations, internal policies or issues related to anti-money laundering (AML) and identity verification (KYC) in some countries. Therefore, you need to learn carefully before registering to avoid wasting time and money.
Strict rules: When trading with proprietary trading firms, violating drawdown limits and trading on news are both serious mistakes. Most funds have clear rules on these two issues. If a trader violates these rules, their account can be terminated immediately without any refund of fees.
5 Prop Firms accepting traders from Vietnam
Below are 5 Prop Firms accepting traders from Vietnam that you can refer to when participating in proprietary trading:
The 5%ers
5%ers offers a variety of account types to traders worldwide, allowing them to grow their portfolios up to $4 million.
With a 4.9-star rating and over 14,688 reviews on Trustpilot, The 5%ers is considered one of the most reputable funding companies. They offer a variety of account types to traders worldwide, allowing them to scale portfolios up to $4 million. The 5%ers offers an opportunity for those who want to grow their trading career without having to use their own funds.
Account types and funding options
The 5%ers are Prop Firms accepting traders from Vietnam with the following sponsorship packages:
Bootcamp challenge: With a low entry fee, the three-step evaluation package offers 100% profit after you are funded. This is the perfect choice for traders who want to minimize risk and have more time to get familiar with the fund’s regulations.
High Stakes challenge: A special two-step challenge for experienced traders looking for high leverage and returns. This program allows traders to quickly access large capital and manage risk carefully.
Hyper Growth challenge: This program is suitable for traders who want to access large capital without time limits. However, the maximum leverage is only 1:30, requiring you to have a stricter risk management strategy.
Payment process
When trading with funds, traders can retain most of the profits thanks to the attractive profit sharing model of 5%ers. Withdrawals are processed every two weeks and traders can withdraw a minimum of $150, providing flexibility and convenience. For traders with large capital, a fixed payment of $4,000 per month can be received when the account balance reaches $350,000. When the account balance reaches $500,000, the payment will increase to $10,000.
Trading platform and support tools
MetaTrader 5 (MT5) and Match Trader are two popular trading platforms supported by 5%ers. MT5 is the best choice for traders of all levels thanks to its powerful technical analysis toolset. Meanwhile, Match Trader is an easy-to-use online platform that is great for beginners. For experienced traders who want to use more advanced features, this platform may not be enough. 5%ers offers traders maximum flexibility. Since the company does not apply stop outs or margin calls, it gives you more freedom to manage and execute your trading strategy without any limitations.
OANDA Prop Trader
OANDA Prop Trader (OPT) is a Prop Firms accepting traders from Vietnam by OANDA
OANDA Prop Trader (OPT) is a Prop Firms accepting traders from Vietnam by OANDA, a globally respected broker with over 25 years of experience. Launched in 2024, OPT provides traders with up to $500,000 in virtual capital. With secure payment systems and transparent two-stage challenges, the program offers traders multiple opportunities to advance their careers.
Account types and funding options
OANDA Prop Trader offers traders the following 2 funding options:
Classic challenge: With starting capital ranging from $5,000 to $500,000, OANDA’s Classic challenge is ideal for new traders. It offers attractive profit sharing of up to 80%, along with flexible drawdown rules, allowing you to safely get used to trading with your own funds.
Boost challenge: For experienced traders, OANDA’s Boost challenge is ideal. With capital ranging from $10,000 to $100,000, this challenge offers the opportunity to share profits up to 90%. Fixed drawdown rules help traders manage risk and maximize profits.
Payment process
OANDA payouts occur every 14 days. Profits are processed quickly and securely by being deposited directly into your OANDA Global Markets account.
Trading platform and support tools
The MetaTrader 5 (MT5) platform is now available to traders on OANDA. As the platform is accessible across multiple devices, including desktop, mobile apps, and WebTrader, traders can easily access and manage their trades anytime, anywhere. While MT5 is versatile, OANDA’s platform selection is limited. Compared to many other funds that support a wider range of popular platforms such as TradingView, cTrader, and Match-Trader, OANDA only offers MT5.
FTMO
FTMO allows traders to scale up to $2 million in capital.
FTMO is a proprietary trading firm known for its attractive profit sharing rates and transparent review process. FTMO allows traders to scale up to $2 million in capital. The fund requires traders to manage their own risk, but does not impose restrictions on trading strategies or require the use of stop-loss orders.
Account types and funding options
FTMO offers three types of challenge accounts:
Standard account: You must achieve 5% in the verification period and 10% in the FTMO challenge. This account is suitable for traders looking for a sustainable approach, pursuing a conservative trading strategy and accepting moderate risks.
Aggressive account: Higher profit target with FTMO account type is 20% during the challenge period and 10% during the verification period. This account is suitable for experienced traders with high risk tolerance to optimize profits.
Swing account: FTMO’s Swing account is for long-term traders. Positions can be held overnight, over weekends, and even during major news events without having to close them. This gives traders maximum flexibility and allows them to successfully pursue long-term trading strategies.
Payment process
FTMO allows you to request a payout within just 14 days of your first trade. With the on-demand payout feature, traders can access profits immediately. To give international traders maximum flexibility, FTMO also supports transfers to multiple currencies, including USD, GBP, EUR, and AUD. By allowing you to choose a payment date after 14 days, FTMO gives you more control over your finances. Within one to two business days of submitting your request, FTMO will process your payment.
Trading platform and support tools
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader and DXtrade are the four popular trading platforms supported by FTMO. This diversity allows traders of all skill levels to choose the platform that best suits their approach and style.
City Traders Imperium
With a 4.55 rating from over 1,100 users, the business has many good reviews on Trustpilot.
City Traders Imperium (CTI) was founded in Dubai by Martin Najat and Daniel Martin, and quickly became one of the most famous and prestigious funds in the world. Profits can be shared up to 100% at City Traders Imperium (CTI). With instant funding accounts and funding amounts up to $4,000,000, CTI allows traders to skip the initial assessment stage. With a 4.5/5 rating from over 1,100 users, the business has many good reviews on Trustpilot.
Account types and funding options
As Prop Firms accepting traders from Vietnam, CTI offers 4 sponsorship programs for traders:
1-Step challenge: The profit target for this 1-Step challenge is 10%. Trading fees range from $29 to $469, and account sizes range from $2,500 to $100,000.
2-Step Evaluation: This program consists of two evaluation phases, during which you must achieve profit targets and adhere to withdrawal limits. Funding ranges from $2,500 to $100,000, with entry fees ranging from $39 to $549.
Instant Funding: This program provides instant funding to experienced traders, with no evaluation period required. Funding ranges from $2,500 to $80,000, with entry fees ranging from $69 to $1,499.
Instant Funding Pro: This is an upgraded version of Instant Funding designed specifically for professional traders. This program offers larger initial capital ranging from $5,000 to $80,000, and participation fees ranging from $299 to $4,799.
Payment process
To get paid, you must trade for 10 days or make a minimum profit of $100 (or 2% of net profit, depending on the sponsorship package). Transfers to internal wallets are processed within 2 business days. Withdrawals to bank accounts or e-wallets are processed faster, within 1 business day. Withdrawal requests made on weekends or after business hours will be processed the next business day. CTI does not allow third-party withdrawals. Profits must be withdrawn to the trader’s bank account or e-wallet for security and compliance purposes.
Trading platform and support tools
Previously, City Traders Imperium (CTI) only supported the MetaTrader 5 (MT5) platform. However, CTI recently added the Match Trader platform to meet the needs of traders. With this platform, traders can manage and implement their trading strategies more flexibly. This is a new step, demonstrating CTI’s commitment to improving the quality of service to better support the trading community.
Lark Funding
Lark Funding is attracting the interest of traders worldwide with fees as low as $60 and a Trustpilot rating of 4.35.
Lark Funding, run by CEO Matt L., has quickly become recognized as a Prop Firm accepting traders from Vietnam. The company offers a range of funding options to suit traders of all skill levels with an initial capital of $200,000 and plans to scale up to $1 million. Lark Funding is attracting the interest of traders worldwide with fees as low as $60 and a Trustpilot rating of 4.3/5.
Account types and funding options
Lark Funding offers 4 funding models as follows:
Instant Funding: With an entry fee ranging from $200 to $4,500, Lark Funding offers funding from $5,000 to $100,000. Profit sharing can start at 80% and can increase to 90% for a small additional fee.
One Step challenge: The evaluation process is simple: hit a 10% profit target with a 6% withdrawal limit and a 5% daily withdrawal. Accounts range from $5,000 to $200,000, with fees ranging from $75 to $1,000.
Two-Step challenge: Lark Funding’s Two-Step Challenge costs between $95 and $1,000, with account sizes ranging from $5,000 to $200,000. Stage 1 requires an 8% return target, and 5% in Stage 2. Both stages have a fixed drawdown limit of 10% and a daily drawdown limit of 5%.
Three Step challenge: This is a flexible option with accounts ranging from $5,000 to $200,000 and entry fees ranging from $60 to $700. Notably, this model has no daily withdrawal limit, the general fixed withdrawal rate is 5%, making traders more comfortable when trading.
Payment process
Depending on the challenge you choose, you can request a payment after you’ve been funded. While other programs require a 7-14 day waiting period before your first withdrawal, Instant Funding allows withdrawals on demand. You can then receive payments weekly or monthly, depending on your account type. The minimum withdrawal amount is $100 plus a flat processing fee of $40. All transactions are processed through Wise or Riseworks and typically take 1-3 business days to complete.
Trading platform and support tools
Both cTrader and DXTrade are reputable platforms. However, Lark Funding does not provide any specific information or guidance on these two platforms. Therefore, traders need to look for additional support sources to get the most out of the available tools.
Conclude
Prop Firms accepting traders from Vietnam offer many opportunities for traders to access large capital and develop their careers. Although there are still many challenges, such as language, payment and risk management regulations, if you choose a reputable prop firm, as well as comply with the trading rules, you can completely turn your passion for trading into a sustainable and promising path.
