The minimum amount that an investor must spend to be able to start trading commodities includes: Margin + transaction fee + CQG fee.

1 – Deposit amount:

This amount depends on the initial margin of each item. Currently, the commodity with the lowest margin is Mini corn with ~ 9 million VND / 1 LOT. The item with the highest initial margin is silver with ~240 million VND/LOT.

Margin level will change from time to time due to market fluctuations and currency rates.

To be able to trade, investors need to open positions for at least 01 LOT.

In general, agricultural products are chosen by many Vietnamese investors thanks to their lower margin compared to other commodities.

2 – Transaction fee:

This is the amount that investors have to pay for 1 order execution on 1 LOT transaction.

The current general fee in the market for investors is 350,000 VND/lot. Particularly for mini contracts such as: mini corn, mini soybean, mini wheat… or WTI micro oil, the fee is 300,000 VND/LOT.

3 – Fee for using CQG software:

This amount investors will have to pay monthly, called CQG account maintenance fee. In order to trade goods, performing buy/sell orders, investors are required to have a CQG account. CQG account maintenance fee is 720,000 VND/month.

=> So, taking an example to make it easier to understand, the amount if you want to trade 1 LOT of mini corn = 8,831,900 (Margin) + 600,000 (fee for 2 times of opening and closing the position) + 720,000 (CQG fee).

=> Only from ~12 million VND can trade goods!