Brokers With THB Accounts
Brokers with THB accounts allow traders to make deposits and withdrawals and manage their trading accounts in the Thai Baht. This can eliminate currency conversion fees for traders based in Thailand while supporting brokers are more likely to accept local payment methods, including wire transfers from Kasikorn Bank and Siam Commercial Bank.
This guide ranks the top brokers with THB accounts in 2025. We also explain how to check if a trading platform accepts the Thai Baht, alongside tips for comparing firms.
Brokers With THB Accounts
These are the 5 best brokers that offer accounts with THB as the base currency:
Here is a summary of why we recommend these brokers in May 2025:
- AZAforex - Established in 2016, AZAforex is an offshore broker offering short-term trading on 235+ global financial markets, including through binary options with payouts of up to 90%. Three accounts (Start, Pro and VIP) offer unique features, but all provide access to the broker’s Mobius Trader 7 platform, which has benefited from performance upgrades over the years.
- Exness - Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators.
- Quotex - Established in 2019, Quotex is a binary broker that offers 400+ assets, including forex, stocks, indices, commodities, and cryptocurrencies. The platform emphasizes user-friendly features, complete with short-term contracts that span 5 seconds to 4 hours alongside payouts that can reach 95%.
- JustMarkets - JustMarkets is a multi-asset broker with both CySEC-regulated and offshore branches. Offering ultra-low spreads, copy-trading services, 170+ tradeable instruments and MetaTrader support, JustMarkets has a lot to offer both beginner and experienced traders.
- Swissquote - Established in 1996, Swissquote is a Switzerland-based bank and broker that offers online trading on an industry beating three million products, from forex and CFDs to futures, options and bonds. Highly trusted, it has built a strong reputation through innovative trading solutions, from becoming the first bank to offer crypto trading in 2017 to more recently launching fractional shares and its Invest Easy service.
Brokers With THB Accounts Comparison
| Broker | Minimum Deposit | Instruments | Platforms |
|---|---|---|---|
| AZAforex | $1 | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Binary Options | Mobius Trader 7 |
| Exness | $10 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral |
| Quotex | $10 | Binary Options on Stocks, Indices, Forex, Commodities, Cryptos | Web Platform |
| JustMarkets | $1 | Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures | MT4, MT5 |
| Swissquote | $1,000 | CFDs, Forex, Stocks, Indices, Bonds, Options, Futures, ETFs, Crypto (location dependent) | CFXD, MT4, MT5, AutoChartist, TradingCentral |
AZAforex
"AZAforex is best suited to active traders looking to make all-or-nothing bets on global markets through binary options and those looking for high leverage up to 1:1000 in return for weak regulatory safeguards."
Christian Harris, Reviewer
AZAforex Quick Facts
| Bonus Offer | 25% Crypto Deposit Bonus, 120% Loyalty Bonus, 30% Spread Rebate |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Binary Options |
| Regulator | GLOFSA |
| Platforms | Mobius Trader 7 |
| Minimum Deposit | $1 |
| Minimum Trade | 0.0001 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, MYR, IDR, CHF, RUB, THB, VND, UAH, CNY |
Pros
- AZAforex supports a huge and growing variety of payment methods, including bank transfers, credit/debit cards, e-wallets, and cryptocurrencies, providing flexibility for funding and withdrawals. This variety accommodates traders from different regions and preferences.
- AZAforex provides high leverage of up to 1:1000, allowing for potentially greater returns with smaller capital. While this comes with increased risk, it's an attractive feature if you are an experienced trader looking for aggressive growth strategies.
- Few brokers offer binary options as part of their portfolio. Still, AZAforex includes them, allowing you to speculate on short-term price movements with fixed risk and reward up to 90%.
Cons
- AZAforex still operates without regulation from a recognized financial authority, which raises concerns about transparency, fund safety, and accountability. You may have no recourse in disputes, making it riskier than regulated brokers.
- While functional during testing, the Mobius Trader 7 platform is proprietary and not widely used by other brokers. This creates risks of potential price manipulation or discrepancies in market data, as there's no external verification like with MetaTrader or cTrader.
- AZAforex offers basic trading guides and a blog but lacks robust educational tools such as video tutorials, webinars, or interactive learning resources. This makes it less appealing for beginners who need comprehensive learning support. A lot of the content is outdated, too.
Exness
"After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs."
Exness Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Regulator | CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC |
| Platforms | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:Unlimited |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, DKK, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY |
Pros
- Fast and dependable 24/7 multilingual customer support via telephone, email and live chat based on hands-on tests.
- Excellent range of account types for all experience levels, including Cent, Pro plus the introduction of Raw Spread, ideal for day traders.
- Exness was the first brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes, highlighting its legitimacy.
Cons
- Apart from a mediocre blog, educational resources are woeful, especially compared to category leaders like IG which provide a more complete trading journey for newer traders.
- Retail trading services are unavailable in certain jurisdictions, such as the US and the UK, limiting accessibility compared to top-tier brokers like Interactive Brokers.
- MetaTrader 4 and 5 are supported, but TradingView and cTrader still aren’t despite rising demand from active traders and integration at alternatives like Pepperstone.
Quotex
"Quotex is ideal for binary traders looking to make short-term trades on global markets with above-average payouts of up to 95% and a platform that’s regularly improved, features daily trading signals, and proved intuitive for new users during testing. "
Quotex Quick Facts
| Bonus Offer | 30% Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | Binary Options on Stocks, Indices, Forex, Commodities, Cryptos |
| Platforms | Web Platform |
| Minimum Deposit | $10 |
| Minimum Trade | $1 |
| Account Currencies | USD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH |
Pros
- The web-based platform and app are intuitive based on our hands-on tests, with a clean design and simple order execution. They include multiple indicators and built-in trading signals, making them practical solutions for both beginners and more experienced traders.
- A free demo account with $10,000 in virtual funds lets new traders practice strategies and test the platform without risking real money. It's an excellent tool for beginners to gain experience.
- Quotex lets you start trading with just $10, making it accessible for beginners and those wanting to test the platform with minimal risk. Withdrawals also start from $10, allowing easy access to funds.
Cons
- Customer service is only available via email and social media, which can lead to slow response times in our experience. Competitors like Videforex provide 24/7 live chat and phone support, ensuring you get help quickly during technical or withdrawal problems.
- Quotex is an offshore broker operating in a jurisdiction known for loose regulatory oversight. Unlike regulated brokers, it does not offer the same level of investor protection, dispute resolution, or fund security, making it riskier.
- Quotex offers few market analysis tools and lacks real-time financial news, economic calendars, or in-depth research reports. Educational resources, such as courses, webinars, and expert insights, are also absent, making it less ideal for beginners.
JustMarkets
"With some of the most affordable pricing in the game and access to the powerful MT4 and MT5 platforms, JustMarkets is a good choice for any investor."
Tobias Robinson, Reviewer
JustMarkets Quick Facts
| Bonus Offer | $30 No Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures |
| Regulator | CySEC, FSA |
| Platforms | MT4, MT5 |
| Minimum Deposit | $1 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:3000 |
| Account Currencies | USD, EUR, GBP, ZAR, MYR, IDR, AED, NGN, THB, VND, KWD, CNY |
Pros
- Tight spreads from 0 pips
- 170+ trading instruments
- MetaTrader 4 integration
Cons
- Limited availability with clients not accepted from the US, UK, Japan, Germany and other countries
- Non-forex asset list is light with just 65 stocks plus a handful of indices and commodities
Swissquote
"Swissquote is an excellent choice for active traders looking for a customizable platform, such as its CXFD, which integrates Autochartist for automated chart analysis to aid trading decisions. However, its average fees and steep $1,000 minimum deposit might make it less accessible for beginner traders."
Swissquote Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Bonds, Options, Futures, ETFs, Crypto (location dependent) |
| Regulator | FCA, FINMA, CSSF, DFSA, SFC, MAS, MFSA, CySEC, FSCA |
| Platforms | CFXD, MT4, MT5, AutoChartist, TradingCentral |
| Minimum Deposit | $1,000 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:100 (Retail), 1:400 (Pro) |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, CHF, HKD, SGD, PLN, AED, SAR, HUF, THB, QAR, MXN |
Pros
- Swissquote is built for fast-paced trading strategies like day trading, scalping and high-frequency trading with 9ms average execution speeds, a 98% fill ratio, and FIX API.
- Swissquote is highly trusted owing to its position as a bank, its listing on the Swiss stock exchange, and authorization from trusted bodies like FINMA in Switzerland, FCA in the UK, and CSSF in Luxembourg.
- Swissquote provides advanced research services like Autochartist for technical analysis and integration of real-time news from Dow Jones. Its proprietary Market Talk videos and Morning News reports deliver expert analysis daily, appealing to active traders.
Cons
- Unlike brokers such as eToro with social trading features, Swissquote lacks tools for community engagement or copying successful traders, limiting its appeal for those who value peer-to-peer learning.
- Swissquote primarily caters to pro and high-net-worth clients, with high minimum deposit requirements (eg $1,000 for Standard accounts), making it less suited for smaller traders who can find higher leverage at the growing number of brokers with no minimum deposit.
- Analysis shows Swissquote’s fees are on the high side, with forex spreads starting at 1.3 pips on Standard accounts, compared to 0.0 pips at brokers like Pepperstone or IC Markets. Transaction fees for non-Swiss stocks and ETFs can also add up for frequent traders.
How THB Trading Accounts Work
Base currencies are the currencies that the broker accepts for making deposits, withdrawals, and trades – without any additional conversion fees. So when the base currency is THB, Thai traders can often fund accounts for free. In contrast, if a Thai trader opens a USD-denominated account, then their deposit in THB will be converted into USD at the current market rate, plus a commission depending on the broker.
Brokers with THB accounts also offer other advantages to aspiring traders. For one, it is easier to view and interpret account balances and trading fees in your local currency.
The top THB brokers are also more likely to be regulated by local regulators, such as the Thai Securities & Exchange Commission (SEC). In addition, THB trading platforms tend to accept local and regional deposit methods, such as Netbanx Asia.
THB Currency Explained
The Thai Baht is the national currency of Thailand, issued by the Bank of Thailand in Bangkok and was the 12th most used fiat currency used in 2022.
The Baht has been in use in some form since the 13th century. However, the modern Baht that is used today was introduced in the late 19th century, after the collapse of the traditional system of exchange that had been used in the country. The Baht was officially adopted as Thailand’s currency in 1897, and it has been in continuous use since that time.
The Baht has undergone several revaluations, with the most recent taking place in 1997 in response to a severe economic crisis in the country due to it being pegged with the USD causing currency instability.
Today, the Baht is pegged to a basket of foreign currencies, with the US dollar being the most heavily weighted. The value of the Baht is tied to the value of the currencies in the basket and is allowed to fluctuate within a certain range. The basket is managed by the Bank of Thailand and the specific weights of the various currencies in the basket are not publicly disclosed. The managed float system ultimately aims to maintain the stability of the Baht and promote healthy economic growth.
Although widely used for domestic transactions within the country, the THB is also accepted as a form of payment in some other countries in Southeast Asia, particularly in border areas where there is a lot of trade and tourism with Thailand.
Pros Of Brokers With THB Accounts
THB trading accounts offer several advantages:
- Payment Methods: Brokers that offer THB trading accounts tend to accept local payment methods, such as wire transfers from Kasikorn Bank, Siam Commercial Bank, and Bangkok Bank.
- Customer Service: Customer support offered by brokers with THB trading accounts is more likely to be available in Thai, perfect for natives.
- Fees: Thai traders do not have to pay conversion fees – they can make deposits and trades with THB – their local currency.
- Regulatory Bodies: Brokers that offer THB trading accounts are more likely to be regulated by a local financial regulator such as the Securities and Exchange Commission (SEC) of Thailand. Alternatively, brokerages may hold a license with the MAS (Monetary Authority of Singapore).
How To Check A Broker Offers THB Accounts
Here are a few straightforward ways to check if a broker offers a Thai Baht (THB) trading account:
- Use our list of the best brokers with THB accounts in 2025 – reviewed by our experts.
- Visit the broker’s website and look for information about the base currencies they offer. This will often be in the FAQs, trading accounts section, or in the payments portal.
- Contact the broker directly. If you cannot find information about THB trading accounts on the firm’s website, you can try speaking to them through live chat, telephone or email. The best THB brokers offer customer support 24/5, Monday to Friday.
Comparing Brokers With THB Accounts
Here are the key things to consider when comparing brokers with THB trading accounts:
- Fees and commissions: Compare the fees and commissions that each broker charges for trading, including spreads, deposit and withdrawal fees, plus overnight holding rates. What is the spread on the THB/USD for example?
- Trading platforms and apps: Consider the trading platforms and tools that each broker offers, including how intuitive the platform is, plus the range of charts, order types, and risk management features. MetaTrader 4 is one of the most popular platforms.
- Funding options: Check the funding options for each broker. Some may only offer certain deposit options, such as bank transfers or credit/debit cards while others accept popular e-wallets in the region, such as Netbanx Asia. Additionally, check for any deposit and withdrawal minimums.
- Regulation and safety: Check whether the THB broker is regulated by a reputable financial authority and whether they have a good track record in terms of client safety and security. Avoid brokers with a history of not paying out withdrawal requests.
Final Word On THB Trading Accounts
Brokers with THB accounts allow traders to manage their trading profiles in Thai Baht – this includes making deposits, requesting withdrawals, and executing trades. They can help reduce exchange fees, make it easier to manage day trading activity, and are more likely to be regulated by the SEC of Thailand.
Use our list of the top brokers with THB accounts to start trading.
FAQs
What Are Brokers With THB Trading Accounts?
Brokers with THB accounts offer trading accounts with the Thai Baht as the base currency. Popular examples include Superforex and Quotex.
Why Are Brokers With THB Trading Accounts Popular?
Brokers that offer multiple base currency trading accounts, such as THB, make online trading accessible to global traders. THB trading accounts essentially eliminate the need for Thai traders to pay currency conversion fees – they can make deposits directly in THB.
How Do I Open A THB Trading Account?
First, choose from our list of brokers that offer THB trading accounts. Then complete the online registration form. This should provide you with basic access to your trading account. For full access, including making withdrawals, most THB brokers will require you to complete KYC verification.
How Do I Fund My THB Trading Account?
Making any payments with a THB trading account is the same as making deposits with any other type of account. Navigate to the payment portal, select deposit, choose from the list of payment options, enter the transfer amount, and confirm the payment.
The specific funding options available with a THB trading account will depend on the broker you are using. The top THB brokers will accept bank transfers from Kasikorn Bank, Siam Commercial Bank, and Bangkok Bank.