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 2023. 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:

#1 - Quotex

Quotex is an offshore broker specializing in binary options across 400+ assets. Founded in 2019, the broker is popular for its user-friendly web platform and competitive payouts up to 98%. New traders can also claim a welcome deposit bonus.

"Quotex is ideal for traders looking for a good range of digital options with high payouts and trading signals."

- DayTrading Review Team
  • Instruments: Digital Options, Stocks, Forex, Commodities, Cryptos
  • Platforms: Own
  • Min. Deposit: $10
  • Min. Trade: $1

Forex Trading

Over 20 forex pairs are available via digital options. Payouts are decent and climb to 82% on the EUR/USD. Go up or down on popular currencies, including all the majors.

Stocks Trading

Quotex offers a good variety of OTC equities, with minimum trade sizes from $1. You can also trade digital options on 10+ major indices, including the FSTE 100.

Crypto Trading

Trade a handful of the top cryptos at Quotex with up/down binaries. Popular tokens including Bitcoin, Litecoin and Ethereum are available and traders can use the web-friendly platform or mobile app.


  • Beginner-friendly
  • Own brand online platform with easy-to-use interface
  • 30% deposit bonus


  • Unregulated brokerage
  • Leverage not offered
  • Only one account type

#2 - SuperForex

SuperForex is an offshore CFD and forex broker that offers highly leveraged trades on a wide selection of forex pairs plus commodities, indices, cryptos and stocks using the popular MetaTrader 4 platform. With a range of account types, including swap-free, micro and zero spread, this broker will suit traders with different styles and setups. SuperForex is also based in Europe and offers welcome bonuses and trading contests.

"Users seeking a reliable broker to trade CFDs with very high leverage up to 1:2000 will find a good option in SuperForex. The broker also stands out for its wide selection of welcome bonuses and loyalty promotions."

- DayTrading Review Team
  • Instruments: CFD, Forex, Stocks, Crypto, Commodities
  • Regulator: IFSC
  • Platforms: MT4
  • Min. Deposit: $1
  • Min. Trade: 0.01 Lots
  • Leverage: 1:2000

CFD Trading

SuperForex offers CFDs on a good range of assets, though it only really shines when it comes to forex, thanks to its very diverse list. On the other hand, the significant leverage available on most assets increases profit potential, though traders will need to watch out for spreads, which compare poorly to some competitors.

Forex Trading

With 100+ currency pairs including all majors plus many minors and exotics tradeable on the MT4 platform with 1:2000 leverage, SuperForex lives up to its name as a great choice for forex traders. The ForexCopy system is also useful for newer traders.

Stocks Trading

SuperForex offers CFDs on a range of international stocks, with big names including Google, Disney and Apple as well as regional powerhouses such as Petrobras. This is not the widest range of stocks, but there is a diverse enough list to keep traders interested, especially beginners.

Crypto Trading

SuperForex offers cryptocurrency CFDs on 11 popular tokens including Bitcoin, Dash, Solana and Polkadot. 1:10 leverage is available for crypto assets and although this is a fairly limited selection of digital assets, it covers the most important tokens.


  • Copy trading service
  • Demo account with virtual funds
  • Various account types with ECN or STP execution


  • Some poor user reviews
  • The regulatory provider is not as well regarded as other leading bodies
  • No MetaTrader 5 integration

#3 - Exness

Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 260,000 clients, several awards and reputable licensing, the broker is a respected global brand. Traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types.

"Exness is an accessible broker for all experience levels, though beginners will appreciate the low entry requirements, social trading and round-the-clock support."

- DayTrading Review Team
  • Instruments: Forex, metals, cryptocurrencies, energies, indices, stocks
  • Regulator: FSA, CySEC, FCA, FSCA, FSC, CBCS
  • Platforms: MT4, MT5, TradingCentral
  • Min. Deposit: $10
  • Min. Trade: Variable
  • Leverage: 1:2000

CFD Trading

Access up to 1:200 leverage on CFDs with fast platform execution. It is easy for new traders to get started with a low deposit of $10, plus helpful education guides via the Exness Academy.

Forex Trading

An impressive range of around 100 forex pairs are available with tight spreads from 0.1 pips. Choose between the advanced MT4 and MT5 platforms to access a suite of forex analysis tools.

Stocks Trading

Speculate on a range of popular stocks with access to live news streams and real-time market analysis. You can also test out stock trades risk-free in the broker's demo account.

Crypto Trading

With over 30 cryptos on offer, traders have plenty of opportunities to access the digital asset market via desktop or mobile apps. Crypto deposits are also available making funding and trading seamless.


  • First brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes
  • Highly competitive spreads from 0.1 pips and low commissions from $3.50 per side
  • A range of account types for all experience levels and requirements, including Cent, Pro and Raw spread solutions


  • Country restrictions including the USA
  • No live chat support
  • No bonus deals or promotions

#4 - 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.

"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."

- DayTrading Review Team
  • Instruments: Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures
  • Regulator: CySEC, FSA, VFSC
  • Platforms: MT4, MT5
  • Min. Deposit: $1
  • Min. Trade: 0.01 Lots
  • Leverage: 1:3000

CFD Trading

JustMarkets traders can access CFDs on 170+ instruments including forex, stocks, indices and commodities with ultra-tight spreads, very high leverage up to 1:3000 from the offshore entity, and no commission fees.

Forex Trading

JustMarkets offers a good selection of 65+ forex pairs, which can be traded through the MT4 and MT5 platforms. High leverage is available from the offshore branch, and the broker also offers very tight spreads starting from 0.1 with no commission on the Pro account.

Stocks Trading

JustMarkets offers a small selection of 65+ global stocks as well as 11 stock indices, both of which are tradeable via CFDs. Spreads are variable but are usually very competitive and traders can access commission-free accounts.

Crypto Trading

JustMarkets offers popular digital currencies with low spreads. The crypto market can be analyzed using leading software and a suite of advanced charts and technical analysis tools.


  • Multiple accounts to suit different strategies and experience levels
  • 170+ trading instruments
  • Trustworthy and regulated by CySEC


  • Non-forex asset list is light with just 65 stocks plus a handful of indices and commodities
  • Limited availability with clients not accepted from the US, UK, Japan, Germany and other countries

#5 - FP Markets

FP Markets is an ASIC- and CySEC-regulated broker that offers forex and CFD trading on a broad range of assets through the MT4, MT5 and IRESS platforms. With trading available through standard and raw spread accounts on thousands of international stocks, forex, indices, commodities, cryptocurrencies, bonds and ETFs, this broker has some of the most comprehensive market coverage available. FP Markets also offers a full range of additional features, including educational resources and access to powerful software such as Autochartist.

"We recommend FP Markets for forex and stock traders with 70+ currency pairs and an impressive 10,000+ stocks available as CFDs."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
  • Regulator: ASIC, CySEC, ESMA
  • Platforms: MT4, MT5, AutoChartist, TradingCentral
  • Min. Deposit: $100
  • Min. Trade: 0.01 Lots
  • Leverage: 1:30 (UK), 1:500 (Global)

CFD Trading

FP Markets' CFD trading covers a range of markets, including 10,000+ equities, indices, commodities, cryptocurrencies and ETFs. Spreads are tight and traders get fast execution speeds.

Forex Trading

FP Markets is a good option for forex traders, with 70+ pairs covering an excellent range of currencies. Spreads are already tight on standard accounts and start from zero on raw spread accounts, and the broker offers high leverage up to 1:500 and top-tier liquidity.

Stocks Trading

Speculate on price movements of 10,000+ international stocks using CFDs. An excellent range of global markets is covered, including exchanges from London, Hong Kong, Paris, Frankfurt, Madrid, Amsterdam and New York. However, the broker does not support physical stock trading.

Crypto Trading

Take positions on popular cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin with leveraged CFDs. However, you cannot directly buy and own crypto tokens.


  • Bespoke copy trading platform
  • High leverage up to 1:500
  • Regulated and reputable broker with ASIC and CySEC oversight


  • Withdrawal fees for some payment types
  • $55 subscription fee on IRESS accounts
  • Does not accept US customers

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.

Which brokers offer THB trading accounts?

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:

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:

Comparing Brokers With THB Accounts

Here are the key things to consider when comparing brokers with THB trading accounts:

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.


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.

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.