Top Forex brokers in Thailand: trading CFDs, commodities, Cryptocurrencies and Binary options - TopForex.Trade

Top Forex brokers in Thailand: trading CFDs, commodities, Cryptocurrencies and Binary options

Forex Market and online trading in Thailand: overview of the Thai economy, top Forex brokers providing trading in CFDs, currency pairs, commodities including Gold, Binary options, Cryptocurrencies like Bitcoin and Ethereum, with a Copy Trading feature and Forex bonuses up to $5000.

The economy of Thailand: general information

Top Forex brokers in Thailand

Thailand is an emerging economy and ranks second in Southeast Asia in terms of economic performance. The basis of the economy is the service sector and tourism (about 50% of GDP), industrial production (40%), and agriculture (10%). Thailand exports mainly electronics, agricultural products, automotive parts, and processed foods. For example, Thailand is the ASEAN leader in the production and sales of cars, (the world’s largest supplier of pickups), the export of which reaches 200 thousand units per year. In addition, Thailand supplies tin and tungsten to the world market and ranks second after Canada in the export of gypsum.

The growing industry and successful business are attractive to global investors, who contribute to the active development of infrastructure, which in turn affects Thailand’s economic growth. In the presence of all the benefits, a flow of tourists is ensured, which brings significant profit from tourism expenses. 

With regard to monetary circulation and public finances, the monetary unit of Thailand is the Baht. The Bank of Thailand, founded in 1942, is responsible for the state of the country’s financial system. Since 1975, a securities market known as the Stock Exchange of Thailand has been operating in the country under the auspices of the state.

With a gross domestic product of $502 million for 2020, the country boasts a growing economy, making it an attractive location for international brokerage of foreign exchange and other popular financial instruments.

 

Forex trading and regulations in Thailand

Forex trading is becoming increasingly popular in Thailand: trading volume has increased rapidly over the past five years.

Thai traders can choose from several top international licensed Forex brokers that offer services to its clients. Quite a few Forex brokers are also based in Thailand and are regulated by BOT (the Bank of Thailand) and Thai SEC (Securities and Exchange Commission), although they may not have as wide a range of services as top foreign brokers. On the contrary, the international brokers that we mentioned in this article will provide you with the best conditions, a wide range of financial instruments, as well as various Forex bonuses up to $5000 on your first deposit. 

In case you are new to the Forex market or not up to full-time trading, there is an amazing tool for you like Copy Trading. It is one of the easiest ways to take advantage of the expertise of other traders. Even those who do not understand how the financial markets work can make money by simply automatically copying professionals. Besides, brokers give various Forex bonuses, and you can test your trading strategies without spending your own money.

 

The most popular trading instruments in Thailand

Thai_online_trading_instruments

As one of the most attractive markets in Southeast Asia, Thailand is one of the main regional players when it comes to commodities, currencies, CFDs, and stocks. A wide range of financial instruments gives traders enough options to choose from wherever their trading interests may lie. 

Currency pairs trading in Thailand

The Thai Baht is an important currency for the Southeast Asian region due to the fact that Thailand has a relatively stable regional economy. The Baht is denoted by the symbol ฿ and has the currency code THB. There is 1.455 trillion ฿ in circulation, and a volume of approximately US$1.6 billion is traded daily on global foreign exchange markets.

The Baht is commonly traded in pairs with the major world and Asian currencies, including USD, AUD, EUR, GBP and JPY, and others. Traders in Thailand also have access to dozens of major and minor combinations as well. Besides, the Thai Baht is highly convertible which allows residents and non-residents to trade freely in the international market, which opens up many earning opportunities for traders.

XM Group – the most popular and trusted Forex broker in Thailand – provides access to a variety of financial instruments including more than 50 currency pairs. Founded in 2009 it has millions of clients worldwide, offering traders several choices of trading platforms such as MT4 and MT5 to trade multiple financial instruments such as CFDs, commodities, stocks, shares, precious metals, and energies.

XM also offers a multi-level Forex bonus program: mainly, there are three bonus types complementing each with free VPS and zero-fee deposits and withdrawals. The broker offers a 100% automatic entry bonus of up to $5000 and a transparent referral program: you get $35 for each friend that joins XM as your referral.

98
Min. deposit
5$
Min. Spread
0.6
Bonus
Max. leverage
1:1000
Used by
5000000+
Trading platforms
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
Bitcoin, Sofort, UnionPay, Neteller, Wire, Skrill
Regulated by
FCA
CySEC
IFSC
ASIC
98
Min. deposit
5$
Max. leverage
1:1000
Bonus
Used by
5000000+
Min. Spread
0.6
Trading platforms
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
Bitcoin, Sofort, UnionPay, Neteller, Wire, Skrill
Regulated by
FCA
CySEC
IFSC
ASIC

 

Commodity trading in Thailand

In Thailand, commodity trading includes trading in precious metals, energy products, and agricultural commodities. Some commodities, such as metals, have shown solid growth in Thailand since 2002. They make up the bulk of Thailand’s trade volumes, not only in the traditional export market but also in online brokerage trading.

HF Markets is an internationally reliable broker with a presence in over 180 countries, 27 supported languages, and over 2.5 million active accounts. It offers online Forex and CFD trading on currencies, commodities, stocks, indices, Cryptos, and other instruments. In particular, HF Markets provides low transaction costs and flexible leverage on Forex Gold trading. You can find more information about this trading instrument in our article.

To present its services internationally, HF Markets is following the standards of multiple reputable global regulators such as FCA (UK), CySEC (Europe), FSCA (South Africa), DIFC (Dubai) and SFSA (Seychelles).

Also, it offers a Forex bonus of up to $5000 on your first deposit and a cumulative bonus on your deals up to $8000. Moreover, HF Markets created an HFcopy – Copy Trading feature where anyone can join as a follower or as a pro trading strategy provider.

96
Min. deposit
5$
Min. Spread
0.1
Bonus
Max. leverage
1:1000
Used by
3500000+
Trading platforms
Own Platform
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
-
Regulated by
FCA
DFSA
FSCA of South Africa
FSA UK
SVGFSA
96
Min. deposit
5$
Max. leverage
1:1000
Bonus
Used by
3500000+
Min. Spread
0.1
Trading platforms
Own Platform
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
-
Regulated by
FCA
DFSA
FSCA of South Africa
FSA UK
SVGFSA

 

CFDs trading in Thailand

Day by day, CFD trading is becoming more and more popular in Thailand. This kind of asset permits users to play on changes in the value of those instruments without having to purchase them. To start your CFD trading in Thailand, you need to open an account on a CFD trading platform. There are a number of reputable brokers to choose from, and they vary in the number of CFDs available and trading instruments included.

OANDA offers a lot of variety of contracts. The list of financial instruments consists of CFDs on indices, commodities, and bonds. The broker gives access to two types of trading platforms: fxTrode (Oanda’s personal development) and MetaTrader 4. Both of these platforms are available in three types: desktop, mobile, and Web.

In addition to CFDs, traders can choose from a variety of instruments such as Forex: more than 70 currency pairs; metals: Gold and Silver; commodities: Oil, Natural Gas, Copper, Wheat; indices – 16 in total and Bonds.

Globally, OANDA offers three account types: demo, Standard, and Advanced Trader, which makes the broker a fine fit for both new and seasoned trades. Moreover, there is no minimum deposit to open an account with OANDA.

97
Min. deposit
-
Min. Spread
0.8
Bonus
Max. leverage
1:200
Used by
-
Trading platforms
Own Platform
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
UnionPay, PayPal, Credit/Debit Cards, Wire
Regulated by
IIROC
MAS
FCA
CFTC
ASIC
97
Min. deposit
-
Max. leverage
1:200
Bonus
Used by
-
Min. Spread
0.8
Trading platforms
Own Platform
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
UnionPay, PayPal, Credit/Debit Cards, Wire
Regulated by
IIROC
MAS
FCA
CFTC
ASIC

 

Cryptocurrency trading in Thailand

The volume of Cryptocurrency trading in Thailand is increasing significantly due to the large number of young people who want to leave the service and manual labor sectors, as well as the wide adaptation of online technologies which give anyone the opportunity to earn on Forex.

The country follows the same policy as Japan, Singapore, and Hong Kong, which encourage Cryptocurrency activities. It was also one of the first countries to welcome blockchain technology. So if you want to trade Crypto in Thailand, international licensed brokers will provide you with safe and convenient purchases of Cryptocurrencies with minimum commissions.

AvaTrade is one of the most trusted Forex brokers in the world. It is licensed by such regulatory bodies as ASIC, FSA, Abu Dhabi, and British Virgin Islands regulators.  The broker offers such a range of Cryptocurrencies as Bitcoin, Ethereum, Ripple, Dash, Litecoin, Bitcoin Gold, and EOS. In addition to Crypto, 1250 instruments are available to clients: stocks, securities, indices, commodities, currency pairs, and CFDs.

Also, AvaTrade provides a Copy Trading feature – your chance to earn some passive income just by automatically following the moves of more experienced traders.

97
Min. deposit
50$
Min. Spread
0.1
Bonus
Max. leverage
1:400
Used by
350000+
Trading platforms
Web Platform
ZuluTrade
MetaTrader 5
MetaTrader 4
Deposit methods
Bitcoin, Sofort, UnionPay, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
ISA
ADGM
FFA of Japan
FSA of Japan
FSCA of South Africa
Central Bank of Ireland
CySEC
FSC of BVI
ASIC
97
Min. deposit
50$
Max. leverage
1:400
Bonus
Used by
350000+
Min. Spread
0.1
Trading platforms
Web Platform
ZuluTrade
MetaTrader 5
MetaTrader 4
Deposit methods
Bitcoin, Sofort, UnionPay, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
ISA
ADGM
FFA of Japan
FSA of Japan
FSCA of South Africa
Central Bank of Ireland
CySEC
FSC of BVI
ASIC

 

Top Binary Options Brokers in Thailand

Binary options trading attracts many people for one reason – the methods of analysis and trading are not so complex. Its trading mechanism sets only one goal: to predict whether the price of an asset will go up or down. Mastering them takes relatively less time, and trading demands a device as simple as a mobile phone. You can trade Binary Options over hundreds of financial assets from around the world all from one account. These assets include currencies, indices, commodities, stocks, and Crypto.

IQ Option in Thailand

IQ Option is a Top-5-winner broker in Asia licensed by CySEC, which ensures IQ Option recognition both in Europe and worldwide.

Aside from binary options, it supports Forex and Crypto trading, providing an intuitive interface and environment, even on the mobile version. The company gives each registered user a demo account where they can practice trading skills, test strategies, and get used to the trading platform without the need to make a deposit. There also are all the features listed above and many more, including a friendly, multilingual support team available 24/7 or any time a trader needs them.

With IQ Option, the minimum investment to access binary options is $10 only. The period can be set from one minute to one month, and the potential return can be as high as 95% with a correct forecast. In addition, IQ Option charges no commission for this service.

95
Min. deposit
10$
Min. Spread
0.5
Bonus
Max. leverage
1:1000
Used by
48000000+
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
UnionPay, Boleto, WeChat Pay, Jeton, AstroPay, Yandex Money, QIWI, Perfect Money, AdvCash, ClickPay, WebMoney, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
CySEC
95
Min. deposit
10$
Max. leverage
1:1000
Bonus
Used by
48000000+
Min. Spread
0.5
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
UnionPay, Boleto, WeChat Pay, Jeton, AstroPay, Yandex Money, QIWI, Perfect Money, AdvCash, ClickPay, WebMoney, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
CySEC

 

ExpertOption in Thailand

ExpertOption is a broker that offers attractive conditions for Binary options trading in Thailand as well. The company entered the market in 2014 and has become popular with customers: the total number of registered accounts exceeds 70 million. Several account types are available on the trading platform website depending on the deposit amount: Micro, Basic, Silver, Gold, Platinum, and Exclusive. Each account has individual terms and conditions.

One of the many advantages of ExpertOption is the availability of a demo account without registration, which allows you to explore the platform before starting trading on a real account.

Expert Option is a good choice for beginners, who’d like to start trading with a simple, fast, and secure platform supporting different payment systems. User-friendly trading tools and social trading features are there for you as well as the bonus for topping up your account in the first hour after registration.

Pro tip: if you top up your account within an hour after registration, you’ll get a 2x bonus!

93
Min. deposit
10$
Min. Spread
0.01
Bonus
Max. leverage
1:100
Used by
70000000+
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
OrangePay, FasaPay, JCB, M-Pesa, UnionPay, Yandex Money, QIWI, Perfect Money, WebMoney, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
VFSC
SVGFSA
93
Min. deposit
10$
Max. leverage
1:100
Bonus
Used by
70000000+
Min. Spread
0.01
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
OrangePay, FasaPay, JCB, M-Pesa, UnionPay, Yandex Money, QIWI, Perfect Money, WebMoney, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
VFSC
SVGFSA

 

Top Forex Brokers in Thailand

Access to the global network and international market in Thailand is driving the rapid growth of Forex trading. To start trading, you need a broker that has a good reputation and a license. Today there are many international Forex brokerage companies, each of them with its own terms and conditions. When choosing a Forex broker, there are several criteria to consider, namely its reputation among traders, safety and reliability, lifespan, availability of leverage, the convenience of payment systems, the trading platform used, etc.

Offering the best conditions and security, here is a list of the best Forex brokers in Thailand:

Exness in Thailand

Exness is one of the best online brokers in the world, accepting clients from all over the world and providing trading in many popular instruments such as currency pairs, stocks, indices, metals, energies, and popular Cryptocurrencies.

Exness does not charge any management or withdrawal fees, and trading costs can be minimized by choosing the right account type.

Market participants will be able to find the right terminal for their needs and requirements as the broker provides 4 different but familiar platforms Meta Trader 1, MetaTrader 4, MetaTrader 5, or MetaTrader WebTerminal. In addition, Exness has developed a mobile app for iOS and Android to follow the 24/7 market movements. Also, those wishing to increase the connection speed can use the VPS service from Exness.

Broker accounts are divided into standard retail, and professional ones, as well as a demo, in order to test their strategies before making real trades.

You can deposit and withdraw funds using local currencies, including the most popular payment systems in the world, electronic wallets, and Crypto wallets.

Exness is licensed by such regulatory bodies as FCA, CySEC, FSCA, FSC, FSA, and others. Try trading with Exness using our dedicated button below.

 

OANDA in Thailand

OANDA – a reputable US-originated broker with millions of clients around the world and long history of operations – for more than 2 decades of work earned itself a stellar reputation among users, compiling with a slew of global regulators at the same time.

The broker is an excellent choice for new traders since there are demo accounts available together with detailed educational materials and market insights, and no minimum deposit requirement. With minimal commissions and spreads, a variety of trading instruments including Forex, Indices, Commodities, and Crypto including Bitcoin and Ether, advanced trading platforms, and mobile apps.

 

XM Group in Thailand

XM Group has more than 1000 financial instruments which can be traded on the MT4/MT5 platforms, including Forex pairs, equities, commodities, and other instruments with some of the most reliable and fastest order execution available.

XM Group is a broker meeting the best regulatory standards. Its activities are regulated by Cypriot, Australian, and British organizations such as ASIC, CySEC, and IFSC which are the highest level financial regulators, and all brokerage companies licensed by at least one of them must meet strict criteria and are subject to severe supervision.

Brokers provide clients with a demo account where traders can practice their skills and knowledge. In addition, the broker offers four types of accounts with negative balance protection, good leverage, and tight spreads: Micro, Standard, XM Ultra Low, and Shares.

The nice part to mention is that XM Broker offers different bonuses: a 100% entry bonus of up to $5000, client referral, and occasional bonuses.

 

HF Markets in Thailand

HF Markets (formerly known as Hot Forex) is a well-known Forex broker, whose services are used by traders from around the world. HF Markets has the opportunity to choose a trading account with the conditions that a client needs. The broker offers both classic trading accounts, as well as Islamic ones, and accounts with premium trading conditions for demanding traders.

The choice of trading instruments is also more than sufficient. In addition to the usual currency pairs, there are CFDs on metals, energies, stocks, indices and even ETFs. There is also the possibility to buy and sell stocks live, and not through CFDs. Funds are deposited without commissions, withdrawals are fast and convenient. There is also a fairly large selection of methods and payment systems for depositing and withdrawing your funds.

 

AvaTrade in Thailand

AvaTrade is a broker that offers a number of tools, from tech-advanced auto trade terminals to financial risk-management initiatives. This broker can be classified as international, as its representative offices serving more than 50 thousand clients are located all over the world. The broker is regulated by six financial authorities, including ASIC, FCA, and CySEC.

The advantages of the company include the absence of commissions, fixed tight spreads, as well as the availability to open a free demo account, through which you can test your strength in trading and try out the possibilities of your strategies.

 

NAGA in Thailand

NAGA Markets is a fully licensed and regulated broker with over 950 trading instruments and assets. Its clients can trade commodities, Crypto assets, Forex currency pairs, and make deals on the markets of futures, precious metals, ETFs, and indices. There is also available CFD trading.

Brokers provide users trading with minimal risk, even if they are new to trading. NAGA has made this possible with a special automatic Copying feature. NAGA AutoCopy is an innovative tool that allows you to automatically follow the top traders on the platform and learn from their experiences.

 

FXTM in Thailand

FXTM is the international broker that has been one of the first to establish a serious presence around the world, and now offers access to the financial markets to traders throughout the country and the wider Asian continent. It provides an extensive educational base, investment opportunities, and attractive trading conditions. Moreover, it offers interesting trading tools and features, CopyTrading being the main one.

 

By registering and verifying an account with several TOP brokers in Thailand, you can not only compare different trading platforms to find the most suitable one but also maximize the Forex bonuses you receive. This will allow you to test many trading strategies and set the way to becoming a true professional trader.

 

Top Forex Brokers in Thailand - FAQ

Forex trading in Thailand is legal. Forex trading is known as a legal form of financial deals in many countries, including Thailand. Many traders prefer international brokers due to low trading costs and better trading opportunities. Reputable global brokers we mentioned in the article accept traders from Thailand being regulated by the most reputable regulatory organizations such as CySEC, IFSC, ASIC, FCA, MAS or others.
All you need is a speedy Internet connection, a reputable broker, a topped-up account, and a fundamental understanding of how the Forex market works. The best broker option would provide you with detailed educational materials, a demo account to test out your strategies, multiple instruments to choose from, and a trading bonus system. Or, if you're not into full-time trading, you can pick a reputable broker with the Copy Trading feature and get the opportunity to earn passive income.
In Thailand, reputable international Forex brokers provide plenty of different instruments for trading including currency pairs, Forex indices, Crypto, as well as commodities such as Gold or Silver, energy sources, and agricultural commodities such as corn, wheat, and sugar on the best trading terms with Forex bonuses up to $5000 on your first deposit.
International Forex brokers, which have proven their reliability with time and millions of clients around the world, are the most popular in Thailand as well. In our article, we recommend only regulated brokers that provide many advanced trading tools, including Copy Trading, transparent bonus programs for different types of trader activities (up to 100% on your first deposit), as well as the possibility of Cryptocurrency and binary options trading.
The best international Forex brokers, understanding the potential of the Thai market are really keen on increasing their users' number there, so they employ multiple means to achieve it. Forex bonus programs and Copy Trading are among them. Some of the brokers we mention in our review provide not only entry bonuses up to $5000 on the 1st deposit, but also seasonal ones, cash rebates of up to $8000 and transparent referral programs.