📅 ✔ Facts checked 13 Sep 2026 on official schedules

VPS

Review: VPS 2026: fees, margin, account opening

VPS Securities JSC · VCK · HOSE · DauTuVN score 8.4/10. Every figure comes from the official fee schedule, with sources at the bottom.

Open an account VPS Compare with 4 other brokers

Quick answer: should you open an account at VPS?

VPS suits active traders and derivatives users. It has led HOSE brokerage for 22 straight quarters with 12.61% in Q2 2026, and its VCK shares listed on HOSE on 16 Dec 2025 (1.48 bn shares). Online fee is a flat 0.20%; new customers since 14 Jan 2026 trade free online for 3 months then 0.15%, get the “Phát Tài” margin at 8.8% p.a. for 90 days (VND 5 bn cap) and 20 free derivatives contracts a day for 3 months. Standard margin is 13.5% p.a. Online accounts are approved within 8 working hours.

Five numbers to remember about VPS

0.20%online trading feenew: 3 months free, then 0.15%

8.8%new-customer margin p.a.90 days, VND 5 bn cap; standard 13.5%

12.61%HOSE share Q2 2026#1 for 22 quarters

VND 14.8 tncharter capital1.48 bn shares listed Dec 2025

8 hoursonline approvalmaximum, working hours

Fees and rates VPS

Per the official schedule, checked 13 Sep 2026.

Item	VPS
Online trading fee	0.20% of trade value, flat (since 1 Jul 2025); new customers: free for 3 months, then 0.15%
Broker-assisted fee	0.30% under VND 100 m/day, stepping down to 0.15% from VND 2 bn
Derivatives fee (VPS’s part)	VND 2,000/contract under 200/day · 1,000 from 200; new customers 20 free/day for 3 months; plus exchange VND 2,700 and VSDC 2,550
Standard margin	13.5% p.a. (0.0375%/day), since 12 Aug 2024
New-customer margin	“Phát Tài”: 8.8% p.a. for 90 days from account opening, VND 5 bn cap (since 14 Jan 2026)
Cash advance	14% p.a. (0.0389%/day), min VND 50,000; loan extension 0.33%
Custody	VND 0.27/share/month
System fee	VND 27,500/month/account, waived under VND 5 m net assets

Pros and cons

Editorial rating on fees · products · app · trust.

VPSVPS8.4/10

HOSE brokerage leader for 22 consecutive quarters, ticker VCK listed on HOSE since December 2025. Strong in derivatives and the active-trader community.

Trading fee0.20% online

Standard margin13.5% p.a.

New-customer promo8.8% p.a. · 90 days

HOSE share12.61% (#1)

Pros

Number one on HOSE, deep liquidity and fast matching
New customers: 3 months of free online trading, then 0.15%; 20 free derivatives contracts a day
“Phát Tài” margin: 8.8% p.a. for 90 days, VND 5 bn cap
SmartOne / SmartPro / SmartEasy apps for every experience level

Cons

0.20% online fee is the group's highest after the promo; VND 27,500 monthly system fee once net assets reach VND 5 m
Online approval can take up to 8 working hours

Open a VPS account Full review →

How to open an account at VPS

Free, with chip-ID eKYC.

Open a VPS account online

4 steps on openaccount.vps.com.vn; VPS responds with your credentials within 8 working hours.

Go to openaccount.vps.com.vn or download VPS SmartOne
Enter your name, phone number and email.
Photograph or upload both sides of a valid ID
Sharp, glare-free images.
Confirm your details
Choose a random account number (free) or a “lucky number” (paid). Enter a referral code if you have one.
Submit and wait for approval
VPS sends your account number and password by phone/email within 8 working hours.
Log in to SmartOne and sign the e-contract
Add margin and derivatives if needed.
Deposit by QR and trade
New customers get 3 months of free online trading; register the “Phát Tài” 8.8% p.a. margin package.

New-customer offers (since 14 Jan 2026)

Free online trading for 3 months, then 0.15%
“Phát Tài” margin 8.8% p.a. for 90 days, VND 5 bn cap
20 free derivatives contracts a day for 3 months

Tips

Open the derivatives sub-account at the same time if you plan to trade futures
The VND 27,500 monthly system fee is waived while net assets stay under VND 5 m

Referral code

VPS tracks referrals through the link itself; no code needed. Open your account via the button or QR code on this page.

Fastest: scan the QR code

Open your phone camera and scan to go straight to VPS’s account-opening page with the referral code pre-filled.

Already on your phone? Tap the button below.

Go to VPS account opening

Frequently asked questions about VPS

What are VPS’s trading fees?

Online orders cost a flat 0.20% under the schedule effective 1 Jul 2025. New customers since 14 Jan 2026 trade online free for the first 3 months, then 0.15%. Broker-assisted orders cost 0.30% stepping down to 0.15% by daily trade value.

What is VPS’s margin rate?

Standard margin is 13.5% p.a. New customers get the “Phát Tài” package at 8.8% p.a. for 90 days from opening, on up to VND 5 bn; anything above is charged at the standard rate.

How long does VPS online account opening take?

Entering your details and ID photos on openaccount.vps.com.vn takes about 5 minutes; VPS responds with your account number and password by phone/email within 8 working hours.

Is VPS Vietnam’s largest broker?

By HOSE brokerage share, yes: 12.61% in Q2 2026, its 22nd consecutive quarter at number one. By charter capital (about VND 14.8 tn) it trails SSI (VND 30 tn) and TCBS (VND 23.1 tn).

Reviews of the other brokers

See the full comparison →

Read reviewTCBSTCBSTCBS Review 2026: Zero Fee, Margin 789, Onboarding Read reviewSSISSISSI Review 2026: Fees, Margin, Account Opening Read reviewDNSEDNSEDNSE Review 2026: 0% Fee, 12.5% Margin, VNeID Read reviewMBSMBSMBS Review 2026: 0.08% Fee, 7.5% Margin, MBBank

Sources

Checked 13 Sep 2026. Source pages are in Vietnamese.

VPS – About VPS, VCK listing: vps.com.vn
VPS – Listed securities fee schedule (1 Jul 2025): images.vps.com.vn
VPS – New-customer policy (14 Jan 2026): images.vps.com.vn
VPS – Derivatives fee schedule (5 May 2025): images.vps.com.vn
VPS – Financial services schedule (12 Aug 2024): images.vps.com.vn
VPS – Account management fee schedule (21 Mar 2023): images.vps.com.vn
VPS – Online account opening: openaccount.vps.com.vn
VPS – HOSE market share Q2 2026: cafef.vn

How to read the numbers: fees and rates come from the official schedule, checked 13 Sep 2026 and subject to change. Items backed only by press reports are marked “secondary source”. Scores are DauTuVN’s editorial rating, not investment advice.