Choosing a forex broker in Vietnam can be a tedious process. With limited local oversight and an overwhelming number of offshore firms, it helps to know which brokers perform consistently.
To help traders make an informed choice, we identify the top forex brokers and cover these topics:
- What makes Vietnam an attractive region for international forex brokers?
- 9 Best Forex Brokers in Vietnam
- Challenges Vietnamese traders face when using global forex brokers
- Final thoughts on the top forex brokers in Vietnam
- Common questions Vietnamese traders ask about forex brokers
- To identify the best forex brokers in Vietnam, each platform was reviewed for regulation, fees, execution consistency, and support quality. Trading conditions were compared across multiple accounts and platforms.
- Seth Pitout
9 Best Forex Brokers in Vietnam – Side-by-Side Comparison
| 🥇 Broker | 👉 Open Account | ✔️ Vietnamese dong (VND) Account? | 💰 Minimum Deposit | 💸 Vietnamese dong (VND) Deposits Allowed? |
| FBS | Open Account | No | $5 (131,625 VND) | Yes |
| Exness | Open Account | Yes | $10 (263,250 VND) | Yes |
| AvaTrade | Open Account | No | $100 (2.6m VND) | No |
| HFM | Open Account | No | $0 | Yes |
| TMGM | Open Account | No | $100 (2.6m VND) | Yes |
| Axi | Open Account | No | $5 (131,625 VND) | Yes |
| Fusion Markets | Open Account | No | $0 | Yes |
| XM | Open Account | No | $5 (131,625 VND) | Yes |
| FxPro | Open Account | No | $100 (2.6m VND) | Yes |
What makes Vietnam an attractive region for international forex brokers?
Vietnam has become a magnet for international forex brokers because it has one of Asia’s youngest and most connected online populations. Around 79 million people are online, and most access the internet through smartphones.
With over 76 million social media users, online engagement levels are among the highest in Southeast Asia, making digital outreach effective and cost-efficient.
The payments landscape is another draw. E-wallet use is increasing rapidly, with about 50 million users recorded in 2024. Local platforms such as MoMo alone report tens of millions of active accounts, which shows how comfortable Vietnamese consumers are with digital payments.
Vietnam’s economic performance reinforces interest. A strong manufacturing base, consistent trade surpluses, and a PMI that moved back into expansion in mid-2025 show broad economic health and currency activity.
GDP growth of roughly 7% in 2024 placed Vietnam among Asia’s faster-growing economies, and steady income gains are opening the door to new investors exploring forex and other global markets.
9 Best Forex Brokers in Vietnam
- FBS – Popular for micro accounts and fast funding.
- Exness – Trusted for transparent pricing and instant withdrawals.
- AvaTrade – Known for broad markets and strong execution.
- HFM – Favoured for flexible leverage and reliable support.
- TMGM – Respected for raw pricing and consistent execution reliability.
- Axi – Trusted for pro conditions and affordable local access.
- Fusion Markets – Popular for zero deposits and transparent commissions.
- XM – Valued for stable conditions and flexible account choices.
- FxPro – Preferred for unlimited leverage and precise execution.
1. FBS
 | Minimum Deposit: $5 Regulated by: CySEC, FSC, ASIC Leverage: Up to 1:3000 |
Overview
FBS gives traders in Vietnam direct access to international markets through globally recognised platforms like MT4, MT5, and the FBS Trader app.
Unique Features
| Feature | Information |
| 🇻🇳 Vietnamese language support | Yes, website, app, and 24/7 customer support available in Vietnamese |
| 🏦 Local deposit and withdrawal options | MoMo, Vietcombank, Sacombank, Techcombank, DongA Bank, Maritime Bank, and VietQR for instant VND payments |
| 💸 VND account availability | No, only EUR or USD |
| 🧾 Minimum deposit requirement | $5 |
| ⚖️ Regulations | IFSC, CySEC, ASIC, FSCA |
| 📱 Trading platforms | MetaTrader 4, MetaTrader 5, FBS Trader app |
| 🕌 Islamic account option | Yes, available on request |
| 🎓 Education and local learning resources | FBS Academy, Blog, Glossary, Economic Calendar, Market Analytics – Vietnam-relevant content |
| ⏰ Customer Support | 24/7 support in English and Vietnamese via live chat and app |
| ⚙️ Maximum leverage | Up to 1:3000 |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Accepts VND deposits | Deposit and withdrawal fees apply |
| Leverage up to 1:3000 | No VND-denominated trading accounts |
| Offers MetaTrader 4, MetaTrader 5, and FBS Trader app | Limited account variety |
Frequently Asked Questions
Does FBS provide its platform in Vietnamese?
Yes, both the FBS app and website support Vietnamese throughout navigation and live chat.
Can Vietnamese users deposit funds via MoMo?
Yes, MoMo is one of the approved payment gateways, offering near-instant deposits.
2. Exness
 | Minimum Deposit: $10 Regulated by: CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA Leverage: Up to 1:2000 |
Overview
Exness offers Vietnamese traders direct access to international markets under multi-jurisdictional regulation and deep liquidity. Its platforms, including MT4, MT5, and the Exness Trade App, support the Vietnamese language and regional payment systems.
Unique Features
| Feature | Information |
| Feature | Information |
| 🇻🇳 Vietnamese language support | Yes, available on website, app, and live chat |
| 🏦 Local deposit and withdrawal options | MoMo, Vietcombank, Techcombank, DongA Bank, VietQR, online banking transfers |
| 💸 VND account availability | Yes, accounts can be held and funded in VND |
| 🧾 Minimum deposit requirement | $10 |
| ⚖️ Regulations | FSA, CBCS, FSC (BVI), FSC (MU), FSCA, CySEC, FCA, CMA, JSC |
| 📱 Trading platforms | MetaTrader 4, MetaTrader 5, Exness Trade App, Exness Web Terminal |
| 🕌 Islamic account option | Yes, available automatically for eligible regions |
| 🎓 Education and local learning resources | Exness Learning Centre, Trading Central tools, FXStreet market news, and chart pattern library |
| ⏰ Customer Support | 24/7 multilingual support including Vietnamese |
| ⚙️ Maximum leverage | Up to 1:Unlimited |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Accepts Vietnamese dong deposits and accounts | Not regulated by the State Bank of Vietnam |
| 24/7 Vietnamese language support | Limited local educational material |
| Withdrawals processed instantly through local systems | Copy trading performance fees apply |
Frequently Asked Questions
Is the Exness mobile app reliable for traders in Vietnam?
Yes, the Exness Trade App provides instant access to markets with Vietnamese payment integrations and local language settings.
Does Exness offer VND as a base account currency?
Yes, traders in Vietnam can open accounts denominated in Vietnamese dong.
3. AvaTrade
 | Minimum Deposit: $100 Regulated by: CBI, BVI, FSC, ASIC, FSCA, JFSA, FFAJ Leverage: Up to 1:400 |
Overview
Vietnam’s growing trading community finds AvaTrade appealing for its steady pricing model and advanced platform range.
Traders can access everything from forex to options, backed by tier-one oversight.
Unique Features
| Feature | Information |
| 🇻🇳 Vietnamese language support | No, English and Asian regional languages only |
| 🏦 Local deposit and withdrawal options | Visa, Mastercard, Skrill, Neteller, WebMoney, international and local bank transfer |
| 💸 VND account availability | No, all balances held in major global currencies |
| 🧾 Minimum deposit requirement | $100 |
| ⚖️ Regulations | CBI, CySEC, KNF, ASIC, FSA, FFAJ, FSC, FSCA, FSRA, ISA |
| 📱 Trading platforms | MetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, WebTrader, AvaSocial, DupliTrade |
| 🕌 Islamic account option | Yes, available by request |
| 🎓 Education and local learning resources | AvaAcademy, eBooks, webinars, tutorials, and Trading Central insights |
| ⏰ Customer Support | 24/5 multilingual live chat and email |
| ⚙️ Maximum leverage | Up to 1:400 on forex and 1:25 on crypto |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Access to MT4, MT5, AvaTradeGO, and options trading | Conversion fees apply on VND transactions |
| AvaProtect tool covers selected trades against loss | VND not supported as a base currency |
Frequently Asked Questions
What is the smallest amount needed to start trading on AvaTrade Vietnam?
The minimum deposit is USD 100 or the equivalent converted from VND.
Does AvaTrade offer educational resources that suit Vietnamese trading hours?
Yes, webinars and video lessons are scheduled for Asia-Pacific time zones, matching Vietnam’s GMT + 7 region.
4. HFM
 | Minimum Deposit: $0 Regulated by: FCA, FSA, DFSA, FSCA, CMA Leverage: Up to 1:1000 |
Overview
With accounts from zero deposit, spreads from 0.0 pips, and leverage up to 1:2000, HFM offers flexibility suited to both small-scale and professional strategies.
Vietnamese traders benefit from instant funding, multiple account options, and platform access on MT4, MT5, and the HFM App.
Unique Features
| Feature | Information |
| 🇻🇳 Vietnamese language support | Yes, website, email, and live chat available in Vietnamese |
| 🏦 Local deposit and withdrawal options | Vietcombank, Techcombank, ACB, DongA Bank, Visa, Mastercard, Skrill, Neteller, and crypto |
| 💸 VND account availability | No, VND deposits converted |
| 🧾 Minimum deposit requirement | $0 |
| ⚖️ Regulations | CMA, FSA, CySEC, FSCA, DFSA, FCA, FSC |
| 📱 Trading platforms | MetaTrader 4, MetaTrader 5, HFM App, WebTrader |
| 🕌 Islamic account option | Yes, available on all live account types |
| 🎓 Education and local learning resources | HFM Insights, AutoChartist, webinars, Vietnamese-language video guides, HFM Academy |
| ⏰ Customer Support | 24/5 via chat, local phone (+84 283 923 5558), and email support.vn@hfm.com |
| ⚙️ Maximum leverage | Up to 1:2000 depending on account type |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Multiple bonuses, including 50% Welcome and 100% Supercharged | No direct SBV regulation |
| Islamic and demo accounts available | No physical office in Vietnam |
| Zero-deposit account options for | Weekend support unavailable |
Frequently Asked Questions
How long does it take to verify an account for Vietnamese traders?
Verification usually completes within 24 to 48 hours once identification and address documents are uploaded.
Are swap-free accounts available for Muslim traders in Vietnam?
Yes, swap-free (Islamic) status can be applied to all live accounts on request.
5. TMGM
 | Minimum Deposit: $100 Regulated by: FCA, ASIC, FSCA Leverage: Up to 1:1000 |
Overview
TMGM provides direct market access through its EDGE and CLASSIC accounts.
With verified oversight under ASIC and VFSC, it delivers raw pricing, segregated funds, and a reliable mobile app experience.
Unique Features
| Feature | Information |
| 🇻🇳 Vietnamese language support | Yes, live chat, education, and webinars in Vietnamese |
| 🏦 Local deposit and withdrawal options | SeABank, AsiaPay, Visa, Mastercard, Skrill, Neteller, bank transfer |
| 💸 VND account availability | No, VND deposits converted to base currency |
| 🧾 Minimum deposit requirement | $100 |
| ⚖️ Regulations | ASIC, VFSC, FSA, FSC, CMA, FMA |
| 📱 Trading platforms | MetaTrader 4, MetaTrader 5, TMGM App, HUBx |
| 🕌 Islamic account option | Not available for Vietnam-based traders |
| 🎓 Education and local learning resources | Vietnamese webinars, TMGM Academy, Trading Central, Signal Centre, Market Buzz |
| ⏰ Customer Support | 24/5 multilingual support including Vietnamese |
| ⚙️ Maximum leverage | Up to 1:1000 |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Up to 1:1000 leverage for eligible Vietnamese traders | No VND-denominated trading accounts |
| Supports EAs, scalping, and copy trading | No local office presence |
| Local deposits accepted via SeABank and AsiaPay | Inactivity fees on dormant accounts |
| TMGM Rewards programme for active traders | Conversion costs for VND transactions |
Frequently Asked Questions
Can Vietnamese clients trade gold and oil CFDs with TMGM?
Yes, XAUUSD and XBRUSD are among the most actively traded instruments by TMGM Vietnam users.
Does TMGM charge deposit or withdrawal fees in Vietnam?
No, TMGM does not charge any internal funding or withdrawal fees through its Vietnam channels.
6. Axi
 | Minimum Deposit: $0 Regulated by: ASIC, FCA, DFSA Leverage: Up to 1:500 |
Overview
Axi serves Vietnamese traders through its global entity in St Vincent and the Grenadines, and offers 490 CFDs covering forex, metals, shares, indices, and crypto.
Unique Features
| Feature | Information |
| 🇻🇳 Vietnamese language support | Yes, live chat, education, and webinars in Vietnamese |
| 🏦 Local deposit and withdrawal options | SeABank, AsiaPay, Visa, Mastercard, Skrill, Neteller, bank transfer |
| 💸 VND account availability | No, VND deposits converted to base currency |
| 🧾 Minimum deposit requirement | $100 |
| ⚖️ Regulations | ASIC, VFSC, FSA, FSC, CMA, FMA |
| 📱 Trading platforms | MetaTrader 4, MetaTrader 5, TMGM App, HUBx |
| 🕌 Islamic account option | Not available for Vietnam-based traders |
| 🎓 Education and local learning resources | Vietnamese webinars, TMGM Academy, Trading Central, Signal Centre, Market Buzz |
| ⏰ Customer Support | 24/5 multilingual support including Vietnamese |
| ⚙️ Maximum leverage | Up to 1:1000 |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Up to 1:1000 leverage for eligible Vietnamese traders | No VND-denominated trading accounts |
| Supports EAs, scalping, and copy trading | No local office presence |
| Local deposits accepted via SeABank and AsiaPay | Inactivity fees on dormant accounts |
| TMGM Rewards programme for active traders | Conversion costs for VND transactions |
Frequently Asked Questions
Does Axi offer free VPS hosting for Expert Advisors?
Yes, free VPS access is available to Pro and Elite account holders.
What is the typical spread for EUR/USD on Axi?
Average spreads start from 0.0 pips on Pro and Elite accounts and around 0.6 pips on Standard accounts.
7. Fusion Markets
 | Minimum Deposit: $100 Regulated by: ASIC, VFSC Leverage: Up to 1:500 |
Overview
Fusion Markets delivers trading infrastructure designed for active Vietnamese traders.
With leverage up to 1:500, no minimum deposit, and spreads that rival top-tier ECNs, it has become a serious choice for cost-conscious traders.
Unique Features
| Feature | Information |
| 🇻🇳 Vietnamese language support | No, English-only support available 24/7 |
| 🏦 Local deposit and withdrawal options | VNPay, XPay, and Local Bank Transfer in Vietnamese đồng |
| 💸 VND account availability | No, deposits in VND accepted and converted to base currency |
| 🧾 Minimum deposit requirement | No set minimum |
| ⚖️ Regulations | ASIC, VFSC, FSA, CySEC |
| 📱 Trading platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Fusion+ Copy Trading |
| 🕌 Islamic account option | Yes, available with small admin fees after 7 days |
| 🎓 Education and local learning resources | Video library, Trading Calculators, Analyst Views, Technical Insight, Market Buzz |
| ⏰ Customer Support | 24/7 via live chat and email support |
| ⚙️ Maximum leverage | 1:500 |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Free VPS for active traders | No local office or phone line in Vietnam |
| Transparent cost structure with no deposit fees | Admin fees apply to long-term swap-free trades |
Frequently Asked Questions
Is Fusion Markets regulated and safe for Vietnamese traders?
Yes, it’s licensed by ASIC, VFSC, FSA, and CySEC, with client funds held at National Australia Bank.
Can Vietnamese traders use VNPay for withdrawals?
Yes, VNPay and local bank transfers are supported for withdrawals as well.
8. XM
 | Minimum Deposit: $5 Regulated by: FSC, CySEC, ASIC Leverage: Up to 1:1000 |
Overview
XM has earned a loyal base of traders in Vietnam through its reliable execution and transparent pricing model.
Unique Features
| Feature | Information |
| 🇻🇳 Vietnamese language support | Yes, 24/7 multilingual chat and email support including Vietnamese |
| 🏦 Local deposit and withdrawal options | Local bank transfer, e-wallet, credit/debit cards, wire transfer |
| 💸 VND account availability | No, EUR or USD |
| 🧾 Minimum deposit requirement | From $5 |
| ⚖️ Regulations | CySEC, FCA, ASIC, FSC (Belize), FSC (Mauritius), FSA (Seychelles), FSCA |
| 📱 Trading platforms | MetaTrader 4, MetaTrader 5, XM App, WebTrader |
| 🕌 Islamic account option | Yes, available for Standard and Ultra Low Accounts |
| 🎓 Education and local learning resources | XM LIVE, webinars, Learning Centre, Trading Central, Economic Calendar |
| ⏰ Customer Support | 24/7 live chat and email support in Vietnamese |
| ⚙️ Maximum leverage | Up to 1:1000 |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Low minimum deposit from USD 5 | No VND-denominated trading accounts |
| Local bank and e-wallet funding for Vietnam users | No physical office in Vietnam |
| Regulated by several authorities worldwide | Occasional delay in bank withdrawals |
Frequently Asked Questions
Does XM support the Vietnamese language on its platform?
Yes, the XM App and website support Vietnamese language interfaces and chat.
How long do XM withdrawals take in Vietnam?
E-wallets usually clear the same day, while bank transfers take two to five business days.
9. FxPro
 | Minimum Deposit: $100 Regulated by: FCA, SCB Leverage: Up to 1:500 |
Overview
FxPro combines transparent pricing and institutional-grade technology, earning traction among Vietnamese traders who prefer direct market execution.
Unique Features
| Feature | Information |
| 🇻🇳 Vietnamese language support | Yes, available through FxPro App, website, and email support |
| 🏦 Local deposit and withdrawal options | Local bank transfer, instant online banking, STICPAY, cards, crypto payments |
| 💸 VND account availability | No, VND deposits supported and converted to base currency |
| 🧾 Minimum deposit requirement | USD 100 for Standard and Raw+, USD 1,000 for Pro |
| ⚖️ Regulations | FCA, FSCA, SCB, FSA |
| 📱 Trading platforms | MT4, MT5, cTrader, FxPro App, WebTrader |
| 🕌 Islamic account option | Yes, available on Standard and Raw+ |
| 🎓 Education and local learning resources | Webinars, FxPro Academy, Trading Central, CME courses, Market Analysis |
| ⏰ Customer Support | 24/5 multilingual chat and email support |
| ⚙️ Maximum leverage | Unlimited on forex majors, 1:10,000 on gold, 1:25 on shares |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Advanced education and analytics tools | Limited bonuses for new clients |
| Strong global regulation | No weekend trading access |
Frequently Asked Questions
Can Vietnamese traders use crypto to fund FxPro accounts?
Yes, deposits in BTC, ETH, or USDT are accepted.
Can I trade USD/VND on FxPro?
Yes, the USD/VND pair is available among its forex instruments.
How to Choose a Forex Broker in Vietnam: Step-by-Step Guide
Step 1: Check for Regulation
- best Forex Broker in Vietnam cma
- Regulation protects you from scams and gives you legal recourse in case of disputes.
- Look for brokers regulated by the State Bank of Vietnam (SBV) or major global regulators like the FCA (UK), CySEC (EU), and ASIC (Australia).
Step 2: Understand Account Types and Minimum Deposits
- Best Forex Broker in Vietnam with minimum deposits
- Compare different account options (Standard, ECN, Micro, etc.)
- Check the minimum deposit (some start as low as $10)
- Choose an account type that fits your budget and experience level.
Step 3: Compare Trading Costs
- Best Forex Broker in Vietnam: Compare costs
- Spreads: The difference between the buy/sell prices
- Commissions: Some brokers charge a flat fee per trade
- Swap/Overnight Fees: Charged for holding positions overnight
- Choose a broker with tight spreads and transparent fee structures.
Step 4: Evaluate Available Trading Platforms
- Best Forex Broker in Vietnam trading platforms
- Most brokers offer MetaTrader 4 (MT4) or MetaTrader 5 (MT5)
- User-friendly interface
- Fast execution
- Mobile app availability
- Advanced tools for analysis
- A demo account to practice risk-free
Step 5: Deposit & Withdrawal Options
- Best Forex Broker in Vietnam: deposit options
- Make sure the broker supports local banks, e-wallets, or Vietnam-friendly payment methods.
- A good broker will offer fast, low-cost, and localized payment methods.
Step 6: Test Customer Support
- Best Forex Broker in Vietnam for customer support
- Try contacting them via live chat, email, or phone.
- They respond quickly
- Support is available in English or Vietnamese
- They’re available during your trading hours
Step 7: Research Reputation and Reviews
- Best Forex Broker in Vietnam research reviews
- Search for reviews on forums (like Forex Peace Army or Trustpilot)
- Ask in Vietnamese trading communities (e.g., Telegram or Facebook groups)
- Watch out for red flags like withdrawal issues or unexplained account bans.
Step 8: Check for Educational Resources
- Best Forex Broker in Vietnam, educational resources
- Top brokers offer:
- Free webinars
- Market analysis
- Beginner guides
- This is especially helpful if you’re new to forex trading.
Step 9: Start with a Demo or Small Deposit
- Best Forex Broker in Vietnam demo account
- Always test the broker using a demo account or a small real deposit.
Challenges Vietnamese traders face when using global forex brokers
Many Vietnamese traders are drawn to global forex brokers for their tight spreads, technology, and deep liquidity. Yet, trading internationally often exposes gaps that local traders must bridge.
⦁ Vietnamese traders often deposit in VND and trade in USD or EUR. That conversion can cut into profits through spread costs and intermediary bank fees. The smartest way to manage this is by using local payment gateways that show real exchange rates upfront.
⦁ Not every licence held by a broker protects Vietnamese clients. Traders should register under entities that clearly define client protection, segregated funds, and access to dispute channels.
⦁ Language support is often promised but inconsistently delivered. Automated chatbots and translated pages can’t replace responsive Vietnamese-speaking teams who understand local ID types and documentation. Before funding an account, traders should test customer support hours in Vietnam time and confirm which identification documents pass compliance checks.
Final thoughts on the top forex brokers in Vietnam
Trading through international brokers has opened Vietnam to global currency markets, but every advantage carries trade-offs.
Access to major pairs and low commissions helps active traders, while weak local regulation, conversion charges, and limited dispute resolution remain hurdles.
Traders who compare forex brokers should check regulation, funding, leverage, market access, educational materials, and language support before committing.
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Conclusion
Overall, cTrader stands out as a robust platform that offers Vietnamese traders an array of advanced features. Brokers like FxPro, Pepperstone, and IC Markets provide tailored solutions, empowering traders with efficient tools and competitive advantages. These platforms redefine success for Vietnamese traders in the dynamic Forex landscape.
Common questions Vietnamese traders ask about forex brokers
How can Vietnamese traders spot a scam forex broker offering to accept them?
Warning signs include unverified regulations, unrealistic profit claims, and limited contact details.
How important is Vietnamese language support when trading forex overseas?
Language support helps reduce misunderstanding during account verification and trade execution. Brokers offering websites and customer service in Vietnamese make trading far smoother.
Can Vietnamese traders use Islamic or swap-free accounts with an international forex broker?
Yes, most global brokers provide swap-free options for traders who require Shariah-compliant trading.
What is the minimum deposit required for Vietnamese traders?
Deposits vary but often start from as low as USD 5 to USD 100. It depends on the account type and platform used.
Can Vietnamese traders deposit and withdraw VND with a global forex broker?
Some brokers offer direct VND payment channels, while others convert deposits into USD automatically.
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