Thanks to the numerous online trading apps available today, investing in the stock market has never been easier. Among all the options available, you will need to make a choice, and finding the best stock trading app in Thailand can be difficult.
There is an overwhelming amount of options to choose from, and if you do not do research, you can end up in a platform that could be difficult to use, expensive, unsafe, or simply limited, considering your investment profile and experience.
Fortunately, we have successfully analyzed many trading apps and conducted multiple trading app reviews so that we can clarify some of your doubts and help you make an informed decision! In this article, we listed Thailand’s best stock trading apps, comparing their specificities and highlighting their strengths.
Best stock trading apps in Thailand
62% of retail CFD accounts lose money.
76-83% of retail CFD accounts lose money.
Best stock trading apps in Thailand compared
| Broker | Fees on stocks | Minimum deposit | Trading apps |
| Interactive Brokers | Between $0.0005 and $0.0035 per US share; Between 0.01% and 0.08% for other markets. | $0 | IBKR GlobalTrader, IBKR Mobile and Trader Workstation |
| Saxo Bank | Between 0.03% and 0.08% of the trade value for US stocks with a minimum of $1 per trade | $2,000 | SaxoTraderGO |
| XTB | $0 on the CFDs on stocks (0.30% markup included on the spread) | $0 | xStation 5 |
Interactive Brokers at a glance
Interactive Brokers has proven to be one of the most reliable brokers in the market. The company was founded over 40 years ago and survived many financial crises, making it a well-established and trustworthy broker regulated by many top-tier regulators.
They offer some of the best stock trading apps in Thailand. You can trade stocks using sophisticated and powerful tools and find a wide range of low-priced products available for trading, including forex instruments. The broker offers different mobile apps and web-based platforms that you can use based on your knowledge and experience. The mobile app IBKR GlobalTrader is a user-friendly app suitable for beginners because it simplifies investments without losing the powerful tools for which the broker is famous.
If you want to maximize the broker’s powerful tools, you can use IBKR Mobile, a complete and sophisticated trading app for stocks, ETFs, and options. However, as the app’s features can be overwhelming for beginners, we recommend the IBKR GlobalTrader if you do not have much experience.
In addition to mobile apps, you will also find desktop apps and web-based apps that provide sophisticated trading tools to access global financial markets. Overall, we believe that Interactive Brokers offers the best stock trading apps in Thailand, and you can find what you are looking for, irrespective of your needs! Please check our Interactive Brokers review to find out more about the broker.
Saxo at a glance
62% of retail CFD accounts lose money.
Saxo Bank is a Danish bank founded in 1992 and is a reliable option for advanced traders and beginners and providing safety, fair prices, and useful tools. The Bank operates in Thailand, offering a comprehensive and customizable mobile trading app that is among the best in the market: SaxoTraderGO.
SaxoTraderGO is a user-friendly, customizable, and award-winning trading platform that can be used by experienced investors and beginners. The app has a mobile and a desktop version. The broker also offers SaxoTraderPRO, a desktop-based platform (that works on Windows and MAC) developed for advanced traders due to its level of detail and complexity. The app is highly customizable, offers sophisticated tools to analyze and track your performance, and can be used on up to 6 different screens.
Considering that the trading apps have excellent educational resources, low prices, and an impressive range of tradable assets, Saxo deserves a place on our list of Thailand’s best stock trading apps. The only downside we could think of is that after registering and completing the verification, you will need to fund your account with at least $2,000 to start trading, which can be burdensome for some beginners.
#3 XTB
XTB at a glance
76-83% of retail CFD accounts lose money.
XTB is a company founded in 2002 in Poland that offers stock trading apps in Thailand through the Belize-based subsidiary XTB International Limited, licensed and regulated by the Financial Services Commission of Belize. The company is also licensed in many other jurisdictions regulated by top-tier authorities such as the FCA.
The award-winning trading app XStation, available for mobiles and desktops, enables you to trade a wide range of instruments, gives you access to several technical analysis tools, allows you to copy the trades of other investors, and provides you with comprehensive educational resources. However, you can only buy CFDs on stocks in Thailand. Therefore, you will not have direct exposure to stocks, only indirect exposure via the derivative. We must note that this is a complex and risky financial instrument in which most investors lose money when trading on the platform.
With no commission on the CFDs on stocks, no minimum deposit, and a free demo account that can be used for up to a month, XTB is a good and reliable option for beginners and advanced investors, which puts it in third place on our list of best stock trading apps in Thailand. If you want to learn more about the broker, please check our XTB review!
Methodology
When making this list, we wanted to help investors in Thailand make an educated choice when choosing the best stock trading app. Each of the trading apps that we presented has its main features, and we tried to provide a diverse list that will suit the needs of different profiles of investors. In any case, we prepared this list considering the following criteria:
- Prices: the price cannot be the only aspect to be considered when choosing the trading app to invest in, but it is definitely important, you do not want to pay more for a service when you can get the same quality for cheaper prices;
- Educational resources: high-quality educational resources may be a great advantage, especially for beginners, who can use them to educate themselves before investing money;
- Range of products and markets available: Does the app offer real stocks and ETFs or only CFDs? Does it have crypto?
Customer service: irrespective of your choice, problems almost always appear, and it is important to find trading apps developed to help you when it does happen; - The trading app itself: we took into consideration the functionalities and usability of the platform, as well as its specific features;
- Security: all platforms in the list are regulated by top-tier authorities.
Bottom line
To summarize, here’s the list of “Best stock trading apps in Thailand”:
- Interactive Brokers: Best overall
- Saxo Bank: Best for advanced traders
- XTB: Best for beginners
It is hard to choose the right stock trading app in Thailand. Luckily, we have helped many people in the same situation before, and we can help you now. To facilitate your choice, we listed a few of the best stock trading apps in Thailand, in our opinion, comparing what they can offer and highlighting their strengths.
We know that trading stocks is a good way to achieve financial freedom, but, like everything in life, risks are involved. We hope that our analysis was enough to help you make an educated decision acknowledging those risks, whether you are experienced or a novice in the trading world.
In any case, keep on studying, do due diligence, know your investment profile, and invest wisely!
Other FAQs
What is the difference between a stock and a stock CFD?
While the stock gives you a property right over a company share, the CFD does not. The stock CFD is a derivative contract where the underlying asset is the stock and where the broker promises to pay you back the difference in value between the time you opened the position and the time you closed it. CFDs have a leverage effect: if you buy a stock CFD and its price goes down, you must borrow money from the broker to keep the position open. This makes the instrument a risky option that is not suitable for beginners.
What is the best Forex Broker in Thailand?
If you wish to trade forex, check our in-depth guide about the best forex apps in Thailand.
Is Robinhood available in Thailand?
No, the US-based stock trading app Robinhood is not available in Thailand.
