FxScouts follows a strict editorial standard in our review process. We may receive compensation when you click on links to products we review. Please read our advertising disclosure.

AuthorBy Jeffrey Cammack
Updated: October 22, 2020

With the legalization, and explosion of retail Forex trading in Thailand in 2017, the Bank of Thailand (BOT) introduced some fundamental restrictions. These restrictions limited investments to less than $USD 1 million per year and outlawed any speculation on the Thai baht ‎฿ (THB).

Even considering the Securities and Exchange Commission (SEC) supervises capital markets, it is the BOT that maintains licensing for commercial entities involved in trading. However, there is no local regulation of Forex brokers working with private individuals, and thus many International Forex brokers are active on the Thai market.

English

Best Forex brokers in Thailand 2021

Last updated on 22 Oct 2020
Updated 22 Oct 2020
by Editorial Director Jeffrey Cammackby Jeffrey Cammack
Jeffrey Cammack
All Brokers Regulated
All Brokers Regulated
by Trusted Authoritiesby Trusted Authorities
Trusted
1
AvaTrade
Min. Deposit
GBP 100
4.484.48
Min. Spread
0.90 pips
Fx Pairs
50+
REGULATED BY
Overall Rating
11110.54.48/ 5
AlertAccepts UK Clients. Average spread EUR/USD 0.9 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & MT5 platforms supported. AvaTrade Group regulated by ASIC, FSCA, B.V.I FSC & FSA. 72% of traders lose money with this provider.
2
FXCM
Min. Deposit
GBP 50
4.134.13
Min. Spread
0 pips
Fx Pairs
40
REGULATED BY
Overall Rating
11110.54.13/ 5
AlertAccepts UK Clients. Average spread EUR/USD 1.30 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & Ninja Trader platforms supported. FXCM is regulated by FCA, ASIC, and the FSCA. 76.31% of traders lose money with this provider.
3
XM
Min. Deposit
GBP 5
4.254.25
Min. Spread
0.60 pips
Fx Pairs
57
REGULATED BY
Overall Rating
11110.54.25/ 5
AlertAccepts UK Clients. Average spread EUR/USD 1.60 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & MT5 platforms supported. XM Group regulated by CySEC, ASIC, and the IFSC. 77.19% of traders lose money with this provider.
4
easyMarkets
Min. Deposit
GBP 25
3.983.98
Min. Spread
0.90 pips
Fx Pairs
103
REGULATED BY
Overall Rating
1110.503.98/ 5
AlertAccepts UK Clients. Average spread EUR/USD 2 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & the proprietary easyMarkets platform are supported. easyMarkets is regulated by CySEC, ASIC, and the FSA in Seychelles. 73% of traders lose money with this provider.
5
XTB
Min. Deposit
GBP 5
4.144.14
Min. Spread
0.80 pips
Fx Pairs
49
REGULATED BY
Overall Rating
11110.54.14/ 5
AlertAccepts UK Clients. Average spread EUR/USD 0.50 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & xStation platforms supported. XTB Group is regulated by CySEC CySEC, FCA and the IFSC. 82% of traders lose money with this provider.
6
eToro
Min. Deposit
GBP 200
3.693.69
Min. Spread
1 pips
Fx Pairs
52
REGULATED BY
Overall Rating
1110.503.69/ 5
AlertAccepts UK Clients. Average spread EUR/USD 1 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. Only eToro proprietary trading platform supported. eToro is regulated by CySEC, FCA, and ASIC. 67% of traders lose money with this provider.
7
Tickmill
Min. Deposit
GBP 100
4.124.12
Min. Spread
0 pips
Fx Pairs
60+
REGULATED BY
Overall Rating
11110.54.12/ 5
AlertAccepts UK Clients. Average spread EUR/USD 0.20 pips with 4 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 platform support. Tickmill is regulated by CySEC, FCA, FSCA, and the FSA-Seychelles. 73% of traders lose money with this provider.
8
IC Markets
Min. Deposit
GBP 200
4.464.46
Min. Spread
0.10 pips
Fx Pairs
60
REGULATED BY
Overall Rating
11110.54.46/ 5
AlertAccepts UK Clients. Average spread EUR/USD 0.10 pips with 7 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4, MT5 & cTrader platforms supported. IC Markets is regulated by CySEC and ASIC.
9
Pepperstone
Min. Deposit
GBP 5
4.614.61
Min. Spread
0 pips
Fx Pairs
80+
REGULATED BY
Overall Rating
11110.54.61/ 5
AlertAccepts UK Clients. Average spread EUR/USD 0.69 pips with 0.0 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4, MT5 & cTrader platforms supported. Pepperstone is regulated by the FCA, ASIC, and the DFSA. 79.3% of traders lose money with this provider.
10
HYCM
Min. Deposit
GBP 100
4.184.18
Min. Spread
0.20 pips
Fx Pairs
38
REGULATED BY
Overall Rating
11110.54.18/ 5
AlertAccepts UK Clients. Average spread EUR/USD 1.20 pips on trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4 platform supported. HYCM is regulated by CySEC, FCA, and the DFSA. 74% of traders lose money with this provider.
11
IG Markets
Min. Deposit
GBP 250
4.694.69
Min. Spread
0.60 pips
Fx Pairs
93
REGULATED BY
Overall Rating
11110.54.69/ 5
AlertAccepts UK Clients. Average spread EUR/USD 0.60 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4, ProRealTime and L2 Dealer platforms supported. IG Markets Group is regulated by FCA, ASIC, and the FSCA. 75% of traders lose money with this provider.
12
FP Markets
Min. Deposit
GBP 100
4.284.28
Min. Spread
0 pips
Fx Pairs
60+
REGULATED BY
Overall Rating
11110.54.28/ 5
AlertAccepts UK Clients. Average spread EUR/USD 0.10 pips with 6 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4& MT5. FP Markets is regulated by CySEC and ASIC.
13
Vantage FX
Min. Deposit
USD 200
3.783.78
Min. Spread
0 pips
Fx Pairs
40
REGULATED BY
Overall Rating
1110.503.78/ 5
AlertAccepts UK Clients. Average spread EUR/USD 1.40 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & MT5 platforms supported. VantageFX is regulated by the FCA & ASIC.
14
Admirals
Min. Deposit
GBP 100
4.244.24
Min. Spread
0.70 pips
Fx Pairs
50+
REGULATED BY
Overall Rating
11110.54.24/ 5
AlertAccepts UK Clients. Average spread EUR/USD 0.50 pips with 0.0 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4, MT5 & MT4 Supreme Edition platforms supported. Admiral Markets is regulated by ASIC, CySEC, the JSC, and the FCA. 76% of traders lose money with this provider.
15
TrioMarkets
Min. Deposit
GBP 500
3.643.64
Min. Spread
0 pips
Fx Pairs
63
REGULATED BY
Overall Rating
1110.503.64/ 5
AlertAccepts UK Clients. Average spread EUR/USD 2.40 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & Sirix platforms supported. TrioMarkets is regulated by CySEC and the FSC. 73.6% of traders lose money with this provider.
16
InstaForex
Min. Deposit
GBP 1
3.323.32
Min. Spread
0 pips
Fx Pairs
110
REGULATED BY
Overall Rating
1110.503.32/ 5
AlertAccepts UK Clients. Average spread EUR/USD 3 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 platform supported. Instaforex is regulated by CySEC and FSC (British Virgin Islands). 71.71% of traders lose money with this provider.
17
Plus500
Min. Deposit
GBP 100
4.094.09
Min. Spread
0 pips
Fx Pairs
70+
REGULATED BY
Overall Rating
11110.54.09/ 5
AlertAccepts UK Clients. Average spread EUR/USD 0.80 pips on trading account with lowest minimum deposit. Max leverage 30:1. Cryptocurrency availability subject to regulation. Islamic account available. Plus500 proprietary trading platform supported. Plus500 is regulated by FCA, CySEC, ASIC, and MAS. 76.4% of traders lose money with this provider.
18
BDSwiss
Min. Deposit
GBP 100
4.324.32
Min. Spread
1.40 pips
Fx Pairs
50+
REGULATED BY
Overall Rating
11110.54.32/ 5
AlertDoes not accept UK Clients. Average spread EUR/USD 1.50 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & MT5 platforms supported. BDSwiss is regulated by CySEC, FSC, and the FSA-Seychelles.*Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.3 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
19
CMC Markets
Min. Deposit
GBP 5
4.694.69
Min. Spread
0.70 pips
Fx Pairs
330
REGULATED BY
Overall Rating
11110.54.69/ 5
AlertAccepts UK Clients. Average spread EUR/USD 0.70 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & CMC Proprietary platforms supported. CMC Markets is regulated by the ASIC, FCA, MAS and the FMA. 76% of traders lose money with this provider.
20
Trade.com
Min. Deposit
GBP 100
3.423.42
Min. Spread
1.80 pips
Fx Pairs
55
REGULATED BY
Overall Rating
1110.503.42/ 5
AlertAccepts UK Clients. Average spread EUR/USD 4 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 platform supported. Trade.com is regulated by CySEC, FCA and the FSCA. 71.36% of traders lose money with this provider.
21
IronFX
Min. Deposit
GBP 50
4.194.19
Min. Spread
0 pips
Fx Pairs
85
REGULATED BY
Overall Rating
11110.54.19/ 5
AlertAccepts UK Clients. Average spread EUR/USD 1.10 pips on trading account with lowest minimum deposit. Max leverage 1000:1. Islamic account available. Only MT4 platform supported. IronFX is regulated by CySEC, FCA, ASIC, and the FSCA. 75.35% of traders lose money with this provider.

References

Featured Brokers

Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Close
>