Not explicitly illegal for an individual, but a provider serving Thai residents without a Thai SEC licence is operating outside the framework.
Sourcing note: we could not confirm the legal position in Thailand against a named primary instrument published by the SEC Thailand. Verify with the regulator before acting on it.
Archive notice: this page was written in 2012, before binary options were banned for retail clients across the EEA, the UK and Australia. It is kept for reference. For the current position, see Legal status by country.
EZtrader Overview
Usability
Even novice traders get used to the intuitive platform very quickly. In the event of any questions, there is a detailed FAQ published on the website. The competent support team is ready for your questions around the clock.Underlying Assets
Unfortunately, there are no touch or range options available but only “normal” binary option. This means,that you can bet on the way an underlying asset is going to move: up or down until expiration. You can choose between many different asset classes like stocks, indices, commodities and currencies. They have an excellent range of stocks for different companies which you can trade.Payout
Payouts are up to 81% when trading with EZTrader. For losing trades you can get up to 10% of your money back and, if you make use of the sell option feature to close your option before expiration, it’s even more than that. You can have your EZTrader account in USD, EUR or GBP. The minimum investment per trade is $25 and there is a $3000 limit in terms of the maximum investment.Software
You can recognize a very experienced broker behind the trading platform on the first glance: real time quotes, mobile trading app, SSL-technology and you are always up to date with Reuters news to name a few special features. There is also the so- called sell option feature: Binary option traders can sell their options before expiration to cut their losses or take a profit.Deposit and Withdrawal
You can deposit with all major credit cards like Visa, Mastercard and Amex. Te minimum deposit is $200. Withdrawals up to your first deposit can be processed to your credit card at any time.Any amount higher than that is transferred to your bank account for security reasons ($15 fee).Support
The EZTrader customer support is available 24/5 via E-Mail, phone or live chat and responses are very quick and competent.Funding and withdrawals in Thailand
Local rails here are PromptPay, local bank transfer and card. Deposit method decides whether money can come back out: card payments carry a chargeback route with a time limit, transfers to an offshore entity generally do not. Confirm the withdrawal method, minimum, fee and stated processing time in writing before funding an account. Profits are generally taxable, with the Revenue Department the relevant authority.
Brokers accepting Thai clients
Ranked by our published methodology, which weights licensing at 35% — on an unsupervised counterparty every other quality is contingent. Ratings are derived from the sub-scores, not assigned.
| # | Broker | Rating | Entity holding your funds | Min. deposit | Payout | |
|---|---|---|---|---|---|---|
| 1 | Deriv | 7.9 | Deriv (BVI) Ltd / Deriv (V) Ltd | $5 | up to ~95% on synthetics | Visit |
| 2 | IQ Option | 5.1 | IQ Option Ltd (international) — unregulated | $10 | up to ~95% | Visit |
| 3 | Pocket Option | 4.7 | Gembell Limited (Comoros) | $5 | up to ~92% | Visit |
| 4 | Quotex | 4.6 | Awesomo Ltd — unregulated | $10 | up to ~98% | Visit |
| Regulated alternative — does not offer binary options | ||||||
| — | Exness | 8.8 | FSCA (South Africa) — ODP · FSP 51024 | $10 | n/a — CFDs and FX only | Visit |
Advertiser disclosure: buttons marked ad are affiliate links and earn us a commission if you open an account. The others do not. The ranking is derived from the published sub-scores either way, which is why the highest-rated provider here is not the one that pays us.
Risk warning: binary options are high-risk speculative instruments and most retail accounts lose money. Nothing on this page is investment advice or a recommendation to trade.