Looking for a good Thailand based broker

[BKK8]

I want to invest in the US stock market and because i am based in Thailand and all my money is here i am looking for a Thailand based broker that has low fees and can give me some advice as well.

I came across UOB Kay Hian Securities when googling but not sure if that one is the one to choose or if there is a better option .

 

 

 

 

[gargamon]

Why deal with a Thai when you can deal with a US company that has to follow the US rules? Schwab International allows residents of Thailand to open accounts and do all the trading you could want. $25k minimum. Advice available if needed.

[Foxx]

You're looking for the impossible.  Low fees are not available for foreign stock.  As @gargamon suggests, you'd be better off with an offshore broker.  I'd suggest looking at Interactive Brokers (US) or Saxo (Singapore), though neither gives individual advice AFAIK.

 

If you're set on a Thai broker, I'd suggest Phillip Securities POEMS.

[BKK8]

3 hours ago, Foxx said:

You're looking for the impossible.  Low fees are not available for foreign stock.  As @gargamon suggests, you'd be better off with an offshore broker.  I'd suggest looking at Interactive Brokers (US) or Saxo (Singapore), though neither gives individual advice AFAIK.

 

If you're set on a Thai broker, I'd suggest Phillip Securities POEMS.

i understand that there are higher fees with the Thailand based brokers. was wondering which one would have the best rates

[Digitalbanana]

Tastytrade lets you open a new account to trade US markets with no minimum balance and has a wealth of free advice and training online.

[Foxx]

49 minutes ago, BKK8 said:

i understand that there are higher fees with the Thailand based brokers. was wondering which one would have the best rates

 

Think "cartel".

[NoDisplayName]

On 12/3/2024 at 6:23 AM, gargamon said:

Why deal with a Thai when you can deal with a US company that has to follow the US rules? Schwab International allows residents of Thailand to open accounts and do all the trading you could want. $25k minimum. Advice available if needed.

 

Minimum required balance has gone away.  $0 to open, no minimum.