VMEX

General Information& Regulation

Vmex Commodities Trading Joint Stock Company (VMEX JSC) is a trading member of the Mercantile Exchange of Vietnam (MXV), which has obtained the official license for commodity derivatives trading and was officially launched in July 2018 under Decree No. 51/2018/ND-CP.

Products

Customers can trade a series of commodities on VMEX, such as agricultural products (wheat, corn, etc.), ingredients (coffee, cocoa, etc.), metals (platinum, iron ore, etc.), energy (oil, natural gas, etc.).

Spreads

VMEX provides 4 types of spread trading: inter-month, inter-commodity, inter-exchange and commodity product spreads. The minimum condition to allow trading spreads is that the account balance or the net asset value of the margin must be greater than or equal to 1 billion VND.

Trading Platform

VMEX provides CQG Mobile and CQG Desktop trading platforms. At present, CQG is the solution partner of many major futures commission merchants around the world, and provides direct access to more than 45 exchanges globally.

Deposit & Withdrawal

Customers who open a trading account at VMEX can deposit/transfer through the four banks of Techcombank, Vietcombank, BIDV and Agribank. Deposit time is 7:00-22:00 from Monday to Friday. In addition, investors can log in to the management account provided on the VMEX website to submit a withdrawal request. Withdrawal time is 8:00-17:00 from Monday to Friday. The time required to withdraw money to the account is 30-90 minutes, up to 36 hours, depending on the banking system.

Trading Hours

VMET trading hours vary with specific commodities. For example, the trading hours of the London Metal Exchange are Monday to Friday from 8 o'clock to 2 o'clock the next day. The trading hours of the New York Mercantile Exchange are Monday to Friday from 6 o'clock to 5 o'clock the next day.

Customer Support

The VMET website answers investor questions 24/7.

Risk

The use of leverage in commodity trading is risky and may not be suitable for all investors. Market information, opinions and investment advice may change at any time. Therefore, investors should consider trading conditions, knowledge and financial capabilities before making a trading decision.