Frequently asked questions
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Frequently Asked Questions about Service
Provide short and concise answers, helping users easily grasp important information and find appropriate answers to frequently asked questions.
How much margin is required to trade commodities?
Margin is the amount of money that an investor must deposit and maintain in his account to fulfill payment obligations from derivatives trading.
The standard futures contract trading margin level is prescribed by the Vietnam Commodity Exchange.
Depending on the type of product on the derivatives market you want to trade, there will be different minimum margin requirements.
Customers can refer to: Margin & Trading Time | SFVN (sfvn-invest.com.vn)
Do you want to access CQG by trading?
Customers do not need to pay monthly CQG fees to trade normally. If customers do not need to use CQG software, they just need to register for a CQG account and can continue to use Msystem software to manage and monitor their accounts without paying CQG fees. When customers need to place an order, they just need to send information via text message or email, and the company's support department will execute the order on their behalf.
How to deposit/withdraw money when trading derivatives at SFVN?
Customers can easily deposit/withdraw money when trading derivatives at SFVN if they meet the accompanying conditions. Detailed information on how to deposit/withdraw money can be found at: Deposit/Withdraw | SFVN (sfvn-invest.com.vn)
What are the fees involved in commodity derivatives investing?
Transaction fee: is the amount of money that the customer must pay for each transaction. CQG trading software fee: is the service fee when trading through CQG, including fixed trader fee and market data fee.
What are the risks of the derivatives market?
When participating in transactions in any type of product/goods in the financial market, there is an opportunity to bring profits to investors. However, any market that brings profits also contains risks of loss if investors do not equip themselves with knowledge and principles when participating in that type of financial product.
How to open a commodity trading account at SFVN?
To open an account, customers only need to provide the necessary information such as: • Individual customers: + ID card/Passport + Phone number, email + Bank account information + Customer signature Corporate customers: + Business license + Company phone number, email + Bank account information + Company representative information including: ID card/Passport, phone number, email. After providing the above information, SFVN will support customers to open a trading account. Customers can refer to details at: Open a trading account | SFVN (sfvn-invest.com.vn)
What advantages does the commodities market have over other investment channels?
Two-way calculation: Investors make profits both when the market increases and decreases. Transparency: The market is global, connected to major international commodity exchanges such as CME, ICE, LME, etc. through the Vietnam Commodity Exchange. Investors will trade based on fluctuations in real commodities. Therefore, the market will not be controlled and dominated by market makers. Legality: Commodity trading is licensed by the Ministry of Industry and Trade and managed by the Vietnam Commodity Exchange. T + 0 trading: Investors can place and close orders right in the trading session, suitable for short-term investors who are passionate about "surfing".
Is commodity derivatives investment legal?
Derivatives trading in Vietnam is regulated in detail in Decree No. 51/2018/ND-CP, under the management of the Vietnam Commodity Exchange - the only national derivatives trading market organization in Vietnam currently licensed by the Ministry of Industry and Trade under License No. 4596/GP-BCT dated September 1, 2010. SFVN is an official Business Member of the Vietnam Commodity Exchange from June 29, 2022 under Decision No. 459/QD/TGĐ-MXV.
What types of commodity derivatives contracts does SFVN trade?
SFVN has registered and been approved to trade all types of contracts and commodities available on the Vietnam Commodity Exchange, including conditional commodities such as: WTI Crude Oil, Brent Crude Oil, Raw Rice, etc. The two types of contracts currently traded at MXV are Futures Contracts, also known as Standard Term Contracts, and Options Contracts.
What is derivatives trading investment?
Commodity derivatives trading is the form of buying and selling commodity derivative contracts with volume and price determined at the present time and delivered in the future through the Vietnam Commodity Exchange (MXV). Buyers and sellers both expect the commodity price to reach the price they desire when entering into the contract. Currently, MXV has not implemented physical commodity delivery, so contracts must close open positions before the expiration date.
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