--- title: Stock Accounts and How Trading Money Is Managed description: A clear guide to stock accounts in Vietnam, statutory methods for managing client trading money under Document 09/VBHN-BTC, and official trading fees. url: https://ginity.vn/en/blog/opening-a-stock-account-first-steps canonical: https://ginity.vn/en/blog/opening-a-stock-account-first-steps markdown: https://ginity.vn/en/blog/opening-a-stock-account-first-steps.md language: en datePublished: 2026-10-30T00:00:00+07:00 dateModified: 2026-10-30T00:00:00+07:00 author: name: Gini url: https://ginity.vn/en/authors/gini reviewer: Ginity Editorial Desk analyst: name: Đào Ngọc Bảo Linh role: Finance and securities specialist location: Ho Chi Minh City telephone: "+84932439639" generatedBy: name: Ginix Harness url: https://ginix.vn desk: id: learn name: Learn investing url: https://ginity.vn/en/learn tickers: [] sources: - name: Vietnam Securities Depository and Clearing Corporation url: https://vsdc.vn/vi/ad/200936 title: Statistical report on investor trading accounts - name: Vietnam Securities Depository and Clearing Corporation url: https://vsdc.vn/vi/sd/rft7xrkuPfGyGNk-dm6arA title: Securities depository operational regulations - name: National Assembly of Vietnam url: https://vanban.chinhphu.vn/?docid=198541&pageid=27160 title: Law No. 54/2019/QH14 on Securities - name: State Securities Commission of Vietnam url: https://ssc.gov.vn/cs/idcplg?IdcService=GET_FILE&allowInterrupt=1&dDocName=APPSSCGOVVN1620166082&dID=174569&filename=VBHN+so+09.pdf title: Consolidated Document No. 09/VBHN-BTC on operations of securities companies - name: LuatVietnam url: https://luatvietnam.vn/doanh-nghiep/van-ban-hop-nhat-09-vbhn-btc-2026-quy-dinh-hoat-dong-cong-ty-chung-khoan-435834-d5.html title: Consolidated Document 09/VBHN-BTC on operations of securities companies - name: LuatVietnam url: https://luatvietnam.vn/chung-khoan/quyet-dinh-1541qd-btc-2025-ban-hanh-muc-gia-dich-vu-chung-khoan-tai-so-giao-dich-chung-khoan-viet-nam-399323-d1.html title: Decision 1541/QD-BTC on securities service fees at the Vietnam Exchange publisher: Ginity attribution: 'Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content.' disclaimer: "Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources." usageTerms: https://ginity.vn/ai.txt --- # Stock Accounts and How Trading Money Is Managed > A clear guide to stock accounts in Vietnam, statutory methods for managing client trading money under Document 09/VBHN-BTC, and official trading fees. Gini · Learn investing · 2026-10-30 · https://ginity.vn/en/blog/opening-a-stock-account-first-steps _Lead analyst: Đào Ngọc Bảo Linh · Finance and securities specialist · Ho Chi Minh City · 0932 439 639_ ## Key takeaways - The market recorded 14,132,552 investor trading accounts as of 30/09/2026 according to VSDC statistics. - Clause 4 Article 17 of Consolidated Document 09/VBHN-BTC defines 2 distinct methods for client cash segregation. - Method 1 under Point a specifies that clients establish accounts directly at commercial banks chosen by the brokerage. - Method 2 under Point b specifies that brokerages maintain dedicated segregated accounts at commercial banks. - Decision 1541/QD-BTC dated 29/04/2025 sets the standard transaction service price for shares at 0.027% of trade value. ## Market scale and account statistics According to official statistics published on the portal of the [Vietnam Securities Depository and Clearing Corporation](https://vsdc.vn/vi/ad/200936), the entire market recorded 14,132,552 investor trading accounts as of 30/09/2026. Centralized depository rules set forth in Clause 1 Article 62 of the [Law on Securities](https://vanban.chinhphu.vn/?docid=198541&pageid=27160) enacted in 2019 require public company securities and other listed instruments to be centrally deposited at the depository corporation prior to executing trading transactions. Operational guidelines published by the [Vietnam Securities Depository and Clearing Corporation](https://vsdc.vn/vi/sd/rft7xrkuPfGyGNk-dm6arA) obligate depository member institutions to open detailed securities custody accounts and manage assets separately for each client. Depository members must record securities ownership rights accurately and ensure client holdings remain completely isolated from proprietary institutional holdings. Mandatory cash segregation rules codified in Clause 1 Article 17 of [Consolidated Document No. 09/VBHN-BTC](https://ssc.gov.vn/cs/idcplg?IdcService=GET_FILE&allowInterrupt=1&dDocName=APPSSCGOVVN1620166082&dID=174569&filename=VBHN+so+09.pdf) require securities brokerages to manage securities trading deposits separately for each client, maintaining strict separation between client trading deposits and proprietary brokerage funds. Asset segregation for each client is established under Clause 4 Article 4, while distinct accounting books tracking funds for each client are governed by Clause 4 Article 17 of the same document. ## Two methods of managing client money The operational mechanism for managing client money at securities brokerages is detailed in Consolidated Document No. 09/VBHN-BTC authenticated on 17/04/2026 by the Ministry of Finance regarding securities company operations. The statutory text of Clause 4 Article 17 is published on the legal portal [LuatVietnam](https://luatvietnam.vn/doanh-nghiep/van-ban-hop-nhat-09-vbhn-btc-2026-quy-dinh-hoat-dong-cong-ty-chung-khoan-435834-d5.html). Under this provision, securities companies must establish a system for managing and segregating client money according to the method specified in Point a of this Clause. In addition, securities companies may establish a supplementary system according to Point b of this Clause for client selection: Point a specifies that clients establish accounts directly at commercial banks chosen by the securities company to manage trading funds. In this operational method, the client, the securities company, and the commercial bank execute a formal contract governing procedures for balance confirmation, fund blocking, and transfer of funds for securities settlement. Following the execution of matched buy orders, the securities company requests the commercial bank where the investor holds the account to transfer funds corresponding to the matched value into the trade settlement account held in the name of the securities company. The securities company is legally obligated to execute settlement with relevant counterparties on behalf of the client. Point b specifies that the securities company maintains a dedicated account at a commercial bank to manage securities trading deposits of clients. This dedicated account must be established separately and segregated from other corporate accounts of the securities company, serving exclusively for investor transactions. Under Point b, the securities company must establish an accounting system to manage client deposits and determine the exact cash balance of each client at any time. The brokerage must provide detailed balance statements upon client request and cannot accept authorization to perform internal cash transfers between different client accounts. Securities brokerages are prohibited from directly receiving or disbursing cash for client trading operations. ```flow Two statutory methods for managing client trading deposits: Direct commercial bank account method Client's account is opened at the commercial bank the brokerage chooses. Dedicated segregated brokerage account method The brokerage keeps a dedicated bank account for clients. ``` ## Securities transaction service pricing Under [Decision 1541/QD-BTC](https://luatvietnam.vn/chung-khoan/quyet-dinh-1541qd-btc-2025-ban-hanh-muc-gia-dich-vu-chung-khoan-tai-so-giao-dich-chung-khoan-viet-nam-399323-d1.html) published on 29/04/2025 by the Ministry of Finance, the service price for regular share trading transactions is 0.027% of transaction value. The decision sets the transaction service rates applied across the Vietnam Exchange, its subsidiaries, and the Vietnam Securities Depository and Clearing Corporation. These service prices exclude value-added tax where applicable under tax law. Relevant agencies and organizations are responsible for implementing the price schedule in accordance with the decision. Decision 1541/QD-BTC took effect on 29/04/2025. Disclaimer: This article synthesizes legal regulations and publicly disclosed statistics for objective information purposes. Content does not constitute investment advice, trading recommendations, or target prices for any securities. ## Sources - Vietnam Securities Depository and Clearing Corporation: [Statistical report on investor trading accounts](https://vsdc.vn/vi/ad/200936) (30/10/2026) - Vietnam Securities Depository and Clearing Corporation: [Securities depository operational regulations](https://vsdc.vn/vi/sd/rft7xrkuPfGyGNk-dm6arA) (30/10/2026) - National Assembly of Vietnam: [Law No. 54/2019/QH14 on Securities](https://vanban.chinhphu.vn/?docid=198541&pageid=27160) (26/11/2019) - State Securities Commission of Vietnam: [Consolidated Document No. 09/VBHN-BTC on operations of securities companies](https://ssc.gov.vn/cs/idcplg?IdcService=GET_FILE&allowInterrupt=1&dDocName=APPSSCGOVVN1620166082&dID=174569&filename=VBHN+so+09.pdf) (17/04/2026) - LuatVietnam: [Consolidated Document 09/VBHN-BTC on operations of securities companies](https://luatvietnam.vn/doanh-nghiep/van-ban-hop-nhat-09-vbhn-btc-2026-quy-dinh-hoat-dong-cong-ty-chung-khoan-435834-d5.html) (17/04/2026) - LuatVietnam: [Decision 1541/QD-BTC on securities service fees at the Vietnam Exchange](https://luatvietnam.vn/chung-khoan/quyet-dinh-1541qd-btc-2025-ban-hanh-muc-gia-dich-vu-chung-khoan-tai-so-giao-dich-chung-khoan-viet-nam-399323-d1.html) (29/04/2025) --- _Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content._ _Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources._