GENERAL INTRODUCTION
In the highly competitive Forex market, choosing a reliable and suitable broker is a key factor for traders’ success. Currently, Eight Plus and Alb Menkul are two names attracting attention from many investors. So, between these two brokers, which one is the better choice for Vietnamese traders? Let’s dive into the details.
Eight Plus
- Founded: 2017
- Headquarters: International (targeting Asian and European markets)
- License: Regulated by foreign financial authorities
- Trading instruments: Forex, indices, commodities, gold, oil, crypto
- Platforms: MT4/MT5, modern mobile app
Strengths:
✅ Competitive spreads, multiple account types suitable for both beginners and professional traders
✅ Multilingual customer support, including Vietnamese
✅ Fast execution speed, flexible deposit/withdrawal methods
Weaknesses:
❌ Not as widely recognized as top-tier brokers
❌ License not as strong as FCA or ASIC
Alb Menkul
- Founded: 2015
- Headquarters: Turkey
- License: Licensed by CMB (Capital Markets Board of Turkey) – a reputable financial regulator in Turkey
- Trading instruments: Forex, stocks, indices, commodities
- Platforms: MT4, proprietary online trading platform
Strengths:
✅ Regulated by an official state authority (CMB) → stronger legal credibility
✅ Suitable for traders seeking long-term investment and safety
✅ Offers various products related to the Turkish market
Weaknesses:
❌ Limited international presence, minimal support for Vietnamese traders
❌ Spreads are not as low as some international brokers
Quick Comparison
| Criteria | Eight Plus | Alb Menkul |
|---|---|---|
| Reliability | International license, moderate credibility | Regulated by CMB (Turkey), clear legal framework |
| Platforms | MT4/MT5, modern mobile app | MT4, proprietary web platform |
| Leverage | Up to 1:500 | Generally lower, following CMB regulations |
| Spread | From 1.0 pip, low-spread accounts available | Average spread, fewer promotions |
| Products | Forex, Crypto, Commodities, Indices, Gold | Forex, Stocks, Commodities, Indices |
| Vietnam Support | Vietnamese support, easy deposit/withdrawal | No Vietnamese support, more complex procedures |
Eight Plus or Alb Menkul – Which Broker to Choose?
👉 If you are a Vietnamese trader who values flexible trading, low spreads, Vietnamese support, and multiple promotions, Eight Plus is the better choice.
👉 If you prioritize strong regulation, transparent legal framework, and long-term stable investment, Alb Menkul is worth considering.
👉 Tip: Open a demo account or start with a small capital at both brokers to experience them firsthand before making your final decision.
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