Investing in the stock market has never been easier, thanks to the numerous online trading apps available today. Among all 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 successfully analyzed many trading apps before, 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 the best stock trading apps in Thailand, comparing their specificities and highlighting their strengths.
Best stock trading apps in Thailand
Interactive Brokers | Best for intermediate and advanced investors
Online broker with a sophisticated trading platform that offers a wide range of products. The company, founded in the US, provides the app IBKR GlobalTrader, ideal for beginners.
Saxo Bank | Best trading app for advanced traders
Full-service broker who offers stocks, ETFs, bonds, derivatives, crypto, and other products. You can access 36 different markets overseas from Thailand using their powerful trading apps.
XTB | Best for forex and CFDs
Headquartered in Poland and listed on the Warsaw Stock Exchange, XTB offers access to a range of CFD on stocks on its trading app where you can also trade Forex at a competitive price.
Freedom24 | Best for new stocks at the IPO price
A rising name in the world of European brokers, Freedom24 provides its 400,000-plus thousand users participation in popular IPOs, in addition to over 40,000 stocks and 1,500 ETFs.
Best stock trading apps in Thailand compared
|Broker||Fees on stocks||Minimum deposit||Trading apps||Stocks available for trading|
|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 $0.01 and $0.02 per US share (minimum between $1 and $5 per order)
Between 0.05% and 0.35% for other markets.
|XTB||$0 on the CFDs on stocks (0.30% markup included on the spread)||$0||xStation 5||✘
(Only CFDs on stocks)
|Freedom24||No commissions charged in the first 30 days. After this period, the applicable commissions will vary according to the instrument being traded and depending on the type of account chosen by the investor.||$0||Freedom24||✔|
#1 Interactive Brokers (IBKR GlobalTrader)
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 where you can trade stocks using sophisticated and powerful tools, and find a wide range of products available for trading with low prices, including forex instruments. The broker offers different mobile apps and web-based platforms that should be used according to 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 make the most out of the powerful tools the broker provides, you can use the IBKR Mobile, a complete and sophisticated trading app where you can trade stocks, ETFs and options. As the features of this app can be overwhelming for beginners, we would recommend the IBKR GlobalTrader if you do not have a lot of experience.
In addition to the mobile apps, you will also find a desktop app and web-based apps where you have sophisticated trading tools to access the 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.
#2 Saxo Bank
Saxo at a glance
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 which 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 extremely 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 the best stock trading apps in Thailand. 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.
XTB at a glance
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, being 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 will only be able to 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 find out more about the broker, please check our XTB review!
Freedom24 at a glance
The last broker on our list of the best stock trading apps in Thailand is Freedom24, a company founded in 2015 that offers more than 40.000 stocks from different exchanges around the globe. The broker is regulated by CySEC and, therefore, investors’ funds are protected by the rules pursuant to the Investor Compensation Fund of Cyprus.
Freedom24 is best known for offering new stocks at the IPO price, an exclusive feature that you will not find in many trading platforms. Their trading app, which can be used on your mobile phone and on a browser, is well-designed and intuitive but lacks customization options. Please check our Freedom24 review to know more about it and understand its pricing structure.
Overall, the trading app is reliable and comprehensive and offers investors a unique feature regarding access to IPO subscriptions, something that used to be limited to institutional investors. It is a solid and diverse way to end our list of the best stock trading apps in Thailand.
When making this list, we wanted to help investors in Thailand to 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: of course, 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.
The bottom line
To summarize, here’s the list of “Best stock trading apps in Thailand”:
Best stock trading apps in Thailand
|#1||Interactive Brokers||Best Overall|
|#2||Saxo Bank||Best for advanced traders|
|#3||XTB||Best for beginners|
|#4||Freedom24||Best for new stocks at the IPO price|
It is hard to choose the right stock trading app in Thailand. Luckily, we 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, there are risks involved. We hope that our analysis was enough to help you make an educated decision that acknowledges those risks, whether you are experienced or a novice in the world of trading.
In any case, keep on studying, do due diligence, know your investment profile, and invest wisely! Please let us know if the article was helpful and if you have any other doubts or feedback!
What is the difference between a stock and stock CFD?
While the stock gives you a property right over a share of the company, 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 close it. CFDs have a leverage effect: if you buy a stock CFD and its price goes down, you will need to 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.