The USD/THB currency pair represents the US dollar vs Thai baht. The US dollar is a widely held reserve currency and the Thai baht represents an emerging nation that has recently appreciated against the USD. This page breaks down the USD to THB price history, key influences, trading tips and live charts.
Best USD/THB Brokers
Following extensive tests, these 4 brokers stand out as the best for trading USD/THB:
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- Demo account
- Regulator: FCA, ASIC, CySEC, FSC, SCB, FSA
- Platforms: MT4, MT5, TradingView, TradeLocker
71.28% of retail traders lose money when trading CFDs -
- Demo account
- Regulator: ASIC, VFSC, FSA
- Platforms: MT4, MT5, cTrader, TradingView, DupliTrade
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- Demo account
- Platforms: WebTrader, Mobile, MT4, MT5, TradingView
- Min. deposit: $100
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- Demo account
- Regulator: ASIC, FSCA, FSA, FSC, CMA-UAE
- Min. deposit: $20
Learn how we test brokers and why you can trust our ratings.
Here is a summary of why we recommend these brokers in October 2026:
- Eightcap 4.6/5 Eightcap is a multi-regulated forex and CFD broker established in Australia in 2009. The broker has proven popular with active day traders, providing 800+ instruments with tight spreads and notable improvements in recent years, integrating the leading TradingView platform, alongside AI-powered financial calendars and algo trading tools with zero coding experience required.
- Fusion Markets 4.6/5 Fusion Markets is an online broker established in 2017 and regulated by the ASIC, VFSC and FSA. It is best known for its low-cost forex and CFD trading, although its multiple account types and copy trading solutions cater to a range of traders. New clients can sign up and start trading in 3 easy steps.
- FOREX.com 4.3/5 Founded in 2001, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
- PU Prime 4.5/5 PU Prime is a forex and CFD broker offering direct market access on forex, commodities, stocks, bonds, indices, and ETFs. With four account types (Cent, Standard, Prime, ECN) and multiple platforms, from MetaTrader to its own PU Prime app, it’s built for active traders at every level.
Community Sentiment
See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.
| Broker | Our Users' Rating | Trustpilot Score | Trustpilot Reviews | iOS App Rating | Android App Rating |
|---|---|---|---|---|---|
| Eightcap | 3908 | ||||
| Fusion Markets | 9999 | ||||
| FOREX.com | 2526 | ||||
| PU Prime | 1866 |
Eightcap
Eightcap delivers in every area for day traders with a growing selection of charting platforms, education via Labs, and AI-powered tools. Now sporting 120+ crypto CFDs, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row.
Christian Harris, Reviewer
Eightcap quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs in Forex, Stocks, Indices, Commodities, Crypto
- Regulator
- FCA, ASIC, CySEC, FSC, SCB, FSA
- Platforms
- MT4, MT5, TradingView, TradeLocker
- Minimum Deposit
- $100
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, NZD, SGD
- Currency Pairs
- NZD/SGD, USD/THB
Pros
- With tight spreads from 0 pips, low commission fees, Eightcap provides cost-effective and flexible trading conditions that can accommodate an array of strategies, including day trading and scalping.
- Eightcap has brought in GOLD247 for 24/7 trading opportunities on a gold/USD CFD with leverage up to 1:20, minimum trade size of 0.01 lots, and no commission, appealing to weekend traders interested in the precious metal.
- Eightcap added TradeLocker in 2026 for certain regions, marking it out as the best regulated TradeLocker broker, while still delivering Eightcap's ultra-fast execution and low fees for active traders on the charting software.
Cons
- In spite of an increasing variety of tools, Eightcap doesn't offer industry favorites like Autochartist or Trading Central, which offer cutting-edge charting analytics, live news, and market insights for short-term traders.
- Eightcap needs to continue bolstering its suite of 800+ instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.
- The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.
Fusion Markets
Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero, industry-low commissions and recently TradingView integration. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC.
Jemma Grist, Reviewer
Fusion Markets quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Stocks, Indices, Commodities, Crypto
- Regulator
- ASIC, VFSC, FSA
- Platforms
- MT4, MT5, cTrader, TradingView, DupliTrade
- Minimum Deposit
- $0
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD
- Currency Pairs
- USD/CHF, USD/CNH, EUR/AUD, EUR/JPY, EUR/SGD, EUR/CAD, EUR/GBP, GBP/AUD, GBP/CAD, GBP/HUF, GBP/JPY, GBP/ZAR, NZD/SGD, USD/HKD, USD/INR, USD/SGD, USD/THB
Pros
- The market analysis features, Market Buzz and Analyst Views, are great tools for discovering opportunities and conveniently integrated into the client dashboard.
- Fusion Markets is set up to support algo traders with a sponsored VPS solution and a 25% discount if you opt for the NYC Servers VPS for MT4 or cTrader.
- Average execution speeds of around 37 milliseconds are noticeably faster than many rivals and can help day traders secure optimal prices in fast-moving markets.
Cons
- There is no proprietary trading platform or app built with beginners in mind, a notable drawback compared to AvaTrade.
- While the selection of currency pairs trumps most rivals, the broker's alternative investment offering is average with no stock CFDs beyond the US.
- Traders outside of Australia must sign up with weakly regulated global entities with limited safeguards, though in August 2026 they made negative balance protection available to all eligible accounts.
FOREX.com
FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools.
Christian Harris, Reviewer
FOREX.com quick facts
- Demo Account
- ✔Yes
- Instruments
- Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto
- Regulator
- NFA, CFTC, CIRO, FCA, CySEC, ASIC, FSA, MAS, CIMA, CMA-UAE
- Platforms
- WebTrader, Mobile, MT4, MT5, TradingView
- Minimum Deposit
- $100
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN
- Currency Pairs
- USD/CNH, EUR/CNH, AUD/CNH, CNH/JPY, EUR/AUD, EUR/SGD, EUR/TRY, EUR/CAD, EUR/GBP, GBP/AUD, GBP/CAD, GBP/JPY, GBP/ZAR, USD/HKD, USD/SGD, USD/THB
Pros
- The in-house Web Trader continues to stand out as one of the best-designed platforms for aspiring day traders with a slick design and over 80 technical indicators for market analysis.
- There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
- With over 20 years of experience, excellent regulatory oversight, and multiple accolades including runner-up in our 'Best Forex Broker' awards, FOREX.com boasts a global reputation as a trusted brokerage.
Cons
- FOREX.com's MT4 platform offers approximately 600 instruments, significantly fewer than the over 5,500 available on its non-MetaTrader platforms.
- The group being FOREX.com, GAIN Capital Group LLC, had to pay a $700k fine to NFA for improperly handling some client accounts.
- Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.
PU Prime
PU Prime is a great fit for experienced, high-volume traders with its ECN account offering tight spreads from 0.0 pips and low commissions from $1/side. The addition of an easy-to-use copy trading app, alongside the stacked Trading Academy with progression levels, also makes PU Prime a strong option for aspiring traders.
Tobias Robinson, Reviewer
PU Prime quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Stocks, Indices, Commodities, Metals, Crypto, Bonds, ETFs, Pre-IPOs, Synthetic Indices (region-dependent)
- Regulator
- ASIC, FSCA, FSA, FSC, CMA-UAE
- Platforms
- PU Prime App, PU Web Trader, PU Social, MT4, MT5, AutoChartist
- Minimum Deposit
- $20
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, NZD, JPY, HKD, SGD
- Currency Pairs
- AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/SGD, AUD/USD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/CZK, EUR/DKK, EUR/GBP, EUR/HUF, EUR/JPY, EUR/NZD, EUR/SGD, EUR/TRY, EUR/USD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD, GBP/SGD, GBP/USD, NZD/CAD, NZD/CHF, NZD/JPY, NZD/SGD, NZD/USD, SGD/JPY, USD/BRL, USD/CAD, USD/CHF, USD/CLP, USD/COP, USD/CZK, USD/DKK, USD/HUF, USD/IDR, USD/INR, USD/JPY, USD/KRW, USD/MXN, USD/NOK, USD/SEK, USD/SGD, USD/THB, USD/TRY, USD/TWD, USD/ZAR, USD/ILS
Pros
- Prime and ECN pricing can be very competitive for active traders, and in our tests spreads tightened notably in liquid sessions to hit ~0.0 pips.
- The platform lineup is strong, with the PU Prime Web Trader and app especially smooth to use with a modern design, easy-to-configure order tickets and responsive charts for fast entries and exits.
- PU Prime has upped its game over the years, including launching its PU Social app in 2022, securing ASIC authorization for its Australian entity in 2025, and adding over 200 trading instruments, bringing the total to 1,000+, while 2026 brought around-the-clock share CFDs on prominent US stocks.
Cons
- Getting through to customer support can be fiddly and slow to reach a human – in our latest checks we had to navigate multiple chatbot menus and questions then enter contact details before getting to an agent.
- While PU Prime holds licenses in Australia (ASIC) and South Africa (FSCA), its offshore entities have been flagged by UK, North American, and European regulators for providing services without local authorization.
- The in-house market updates are useful for a quick read, but they’re generally high-level and don’t go deep enough for serious strategy building or advanced analysis.
Chart
Why Day Trade USD/THB?
- Volatility – Exotic pairs like the USD/THB tend to see higher volatility than majors or minors. For day traders, this often means more opportunities to generate profits from price action.
- Status – While exotic pairs are typically associated with fragile economies, this isn’t the case with the USD/THB. The US dollar is considered a global reserve currency while the Thai baht has low-yielding bonds and a large account surplus with strong exports and currency reserves.
- USD – For traders already familiar with the geopolitical and economic influences on the US dollar, getting up to speed with this pair could be straightforward. Trends in major currencies, such as the USD, tend to outweigh the influence of exotic currencies, such as the THB.
Risks Of Trading USD/THB
- Volume – As an exotic pair, the USD/THB sees lower trading volumes compared to majors. The reduced liquidity means wider spreads and pips that can eat into returns.
- Volatility – Exotics are often harder to follow with unpredictable price swings and slippage. This volatility can help profits but can also magnify losses. As a result, the USD/THB is arguably best suited to experienced traders.
- Availability – The USD/THB is not as popular as major forex pairs like EUR/USD. As such, not all forex trading platforms offer trading in the pair.
- Fees – Bid-ask spreads are generally wider on exotics to compensate for the lack of liquidity and increased risk for brokers. This means traders may need to generate greater returns to realise the same profits seen with other forex pairs.
- Leverage – Brokers tend to offer lower leverage on exotics like the USD/THB. This is to limit risk exposure for traders but also means investors end up with less tradable capital.
USD/THB Day Trading Strategy
Today’s USD/THB trading strategies typically call upon live candlestick charts or fundamental news to inform price forecasts. However, regardless of whether you use historical exchange rate graphs or forward rates, the considerations listed below can help inform price predictions.
Timing
Whilst you can trade on the forex market 24/5, not every one of these hours offers optimal conditions. Instead, consider trading during periods that offer the greatest volume and volatility, as this will complement most strategies.
Generally, the most volume can be found when the trading sessions of each currency overlap. The US trading session runs from 13:00 to 22:00 GMT while Thailand’s key trading times are 17:30 to 19:30 GMT. Daily volume charts also show significant trading activity takes place when both London and New York trading sessions are open, from 13:00 to 17:00 GMT.
News & FX Rates
USD/THB traders should keep up to date with the news and important economic releases as both can impact market outlook and current sentiment. The quicker you can anticipate the latest export data from Thailand, for example, the earlier you may be to predict the next trend. Established investors often recommend validating fundamental indicators with technical analysis too.
Useful forex news sources include:
- Oanda
- Reuters
- Bloomberg
- TradingView
- Google News
- MarketWatch
- Yahoo Finance
Useful websites for live USD to THB exchange rate conversions include:
- XE
- Visa
- PayPal
- Coinmill
- Super Rich
- Local Thai bank resources include KBANK, SCB, BBL and KTB
Note, some providers also offer detailed charts with monthly and yearly averages.
Risk Management
Mitigating risks should be taken seriously when trading USD/THB. As well as stops and limits, some recommend not risking more than 1% to 2% of your total capital on a single trade. This is particularly good advice when speculating on risky exotic pairs as price action can be difficult to forecast.
USD Background
Understanding the USD to THB exchange rate history and the influences on respective economies can help inform future price predictions.
The US dollar is the most widely used currency in international transactions. The Coinage Act of 1857 established the US dollar as the only legal currency in the U.S. Before that, the Spanish coin and Mexican peso were traded around the continent. The Federal Reserve Act was established in 1913, establishing the country’s central bank.
USD Influences
- Central bank – Interest rate differentials and quantitative easing measures laid out by the Federal Reserve (Fed) can impact the spot rate and price of USD. Follow announcements from the Fed to stay ahead of future trends.
- Political stability – Major political events, such as presidential elections can impact the value of the USD. To what extent the next administration will prioritise the economy and international trade, for example, will influence the strength of the USD.
- Economic growth – If the US dollar experiences inflation, this depreciates the value of the currency and sees the costs of goods and services rise. This signals a weakening in the USD and may present trading opportunities.
- Trade balances – The US imports and exports to a long list of countries and this demand drives the value of the currency. The US has actually been importing more than it exports for several decades. To counteract this, it issues debts to certain countries including China. However, if the debt level is perceived as unsustainable, this can lead to a weakening of the USD.
THB Background
The Thai baht is one of the oldest currencies in circulation, dating back to the 13th century. Since the 20th century, the Thai baht has been pegged to many currencies and metals, including gold, the Japanese yen, the US dollar and the Pound sterling. After the Asian Financial crisis in 1997, The Bank of Thailand (BoT) decided to let the baht float freely.
THB Influences
- Central bank – In the same vein as the US dollar, The Bank of Thailand, which is based in Bangkok, makes important decisions on interest rates. Other actions it takes to help with long-term currency stability or to respond to short-term issues, can all lead to changes in the value of the THB.
- Geopolitics – Exotic currencies, such as the Thai baht are particularly receptive to geopolitical factors. Reports that signal a fall in exports or employment rates, for example, could see the TBH fall in value against the USD. Equally, political change can bring with it an increase or decrease in the country’s economic strength and currency.
- Trade – The level of trade, along with international reserves, can greatly impact the value of the USD/THB exchange rate. When trade increases, export prices tend to rise faster than import prices, which creates increased demand for the Thai baht. As a result, tracking international trade sentiment can help inform USD/THB trading strategies.
Linked Currencies
Currency pairs don’t move independently from each other. Movement seen in one pair is often reflected in others. Positive correlation is when pairs move in the same direction while negative correlation is when pairs move in the opposite direction.
The USD/THB is positively correlated to the USD/SGD and USD/ZAR, for example. In contrast, the USD/THB is negatively correlated to the SGD/HKD and EUR/HKD. If you’re already familiar with these currencies, you can leverage your existing forex and charting knowledge to make predictions about where the USD/THB may move next.
Final Word
The USD/THB is a popular exotic pair. Offering access to an emerging Asian country alongside the strength and status of the US dollar, it’s an interesting forex pair to start buying and selling. There are plenty of useful resources, from real-time graphs to 5, 10, 20 and 30 years of historical data and charts to help with USD/THB strategies. There is also a selection of forex brokers to facilitate live and futures trading.
FAQ
How do I convert 1 USD = THB?
The live USD/THB exchange rate changes throughout the day. To see the current price, see the chart above or head to one of many online currency convertors.
What is the meaning of USD/THB?
This forex pair consists of the US dollar, which is the base currency, and the Thai baht, which is the quote currency. The value of USD/THB represents the number of THB equivalent to 1 USD. For example, if the market price of this pair is 32.98, then you would need 32.98 THB to buy 1 USD.
How do I start trading USD/THB?
The first step is opening an account with a forex broker. Before depositing funds, compare spreads, trading tools, regulatory status, fund security and withdrawal fees.
What is a USD/THB basis swap?
A USD/THB basis swap is an agreement between two parties to swap variable interest rates based on two floating rates, which are subject to swap points.
What is the difference between a USD/THB forward point and a forward rate?
Forward points are the number of basis points added or subtracted from the current USD/THB spot rate. This determines the forward rate of the pair, where the buyer is promised a certain exchange rate for the USD/THB at a later date.