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.
Trading stocks is a guessing game for most people and in times of economic crises the image of the market is obviously not the best. However, the earning opportunities for private investors who put in a considerable amount of effort are great and you shouldn't pass on this chance. If you want to get going in this market it's absolutely necessary to learn the tactical finesse and to check out the equity prices on a regular basis.
Luckily, the stock markets can be traded with binary stock options too. The simplicity of this new financial product makes it much easier to start out because you don't have to care about the correct exit point or worry about the volatility of the market. The volatility is the enemy of novice traders when their stops are hit too often. If you trade the stock market with binary options there is only the direction of the price movement which must be your concern.
The stocks market
If you buy stocks, such as 100 shares of Facebook, you are actually buying shares of the company itself. The stocks are listed and traded on stock exchanges like the New York Stock Exchange. The price of each stock is primarily driven by supply and demand.
Floor trading is the traditional form of stocks trading. Security traders negotiate the best prices for their customers live and in person on the floor. However, most trading activity is now fully automated since there are many advantages of a computerized exchange like high processing speeds and the geographical independence.
The main trading centers are New York, London, Tokyo and Frankfurt. Nonetheless, the importance of smaller emerging markets will continue to grow.
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.