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opening a broker account in thailand for worldwide shares

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I will soon have another retirement visa and i want to open a stock trading account in Thailand able to buy stocks and investments worldwide ,, what is reccomended , safe, and not expensive and easy to organise ?????

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  • Caldera
    Caldera

    For "worldwide shares", I wouldn't open a brokerage account in Thailand, but an Interactive Brokers one.

  • SamSpade
    SamSpade

    Agreed and simple to open an account from Thailand... https://www.interactivebrokers.com/

  • Yumthai
    Yumthai

    It seems you're right: "Webull Thailand currently limits account opening exclusively to Thai citizens with a valid Thai National ID card. Foreigners residing in Thailand cannot open a local trading a

You may want to check:

Dime!

Webull Thailand

InnovestX

Liberator

For "worldwide shares", I wouldn't open a brokerage account in Thailand, but an Interactive Brokers one.

1 hour ago, Yumthai said:

You may want to check:

Dime!

Webull Thailand

InnovestX

Liberator

How much does webull charge in Thailand?

9 hours ago, Caldera said:

For "worldwide shares", I wouldn't open a brokerage account in Thailand, but an Interactive Brokers one.

I wouldn't either, but that's what the OP is looking for.

9 hours ago, Celsius said:

How much does webull charge in Thailand?

https://www.webull.co.th/en/pricing

16 minutes ago, Yumthai said:

I wouldn't either, but that's what the OP is looking for.

True, I just mentioned it because some expats aren't aware that they can open an account with an international broker as residents of Thailand.

11 hours ago, Yumthai said:

Webull Thailand

Unless things have changed then WeBull Thailand will not allow a non-Thai to open an account with them.

10 hours ago, Caldera said:

For "worldwide shares", I wouldn't open a brokerage account in Thailand, but an Interactive Brokers one.

Agreed and simple to open an account from Thailand...

https://www.interactivebrokers.com/

7 minutes ago, Gaccha said:

Unless things have changed then WeBull Thailand will not allow a non-Thai to open an account with them.

It seems you're right:

"Webull Thailand currently limits account opening exclusively to Thai citizens with a valid Thai National ID card.

Foreigners residing in Thailand cannot open a local trading account through Webull Securities (Thailand).

Why Foreigners Cannot Sign UpThai ID Requirement:

The digital onboarding and identity verification (KYC) systems integrated into the Webull Thailand App require a Thai National ID."

Misleadingly they still keep an accessible English version of their website, certainly for the large number of Thai citizen investors who can't read Thai language.

Bualuang is handy if you have a Bangkok Bank bank account, and I think they enable the trading in foreign stock. I stick to Thai stocks with my Thai broker's account though. It's not that trading fees are not attractive, it's more because I don't want to have too big an investment here in case something goes wrong.

  • Author

i am interested in USA stocks UK and EU Japan , taiwan stocks ,,,I am not currently very conversant or clued up on the Thai market but that will change ,,, I usually buy growth stocks and trade Dividend stocks ,I wont be able to keep my UK trading account ,, may be able to keep my EU based one one though ,,my retirement in Thailand is using a EU passport

Edited by liddelljohn

All is possible, unless you are a US citizen.

I've never tried to use it, but my Kaisikorn K+ app has a section called 'Investment." You can trade mutual funds, gold, and government bonds.

Otherwise, a person could try International Brokers or Schwab International.

International accounts can be opened from Thailand by expat retirees for a multitude of brokers such as E*Trade, Schwab, IBKR, Tastytrade etc... some like Schwab need min account balances of 25k, the others don't.

On 5/21/2026 at 5:09 PM, liddelljohn said:

I will soon have another retirement visa and i want to open a stock trading account in Thailand able to buy stocks and investments worldwide ,, what is reccomended , safe, and not expensive and easy to organise ?????

11 minutes ago, Digitalbanana said:

Schwab need min account balances of 25k

Not anymore.

  • Author

Schwab or interactive seems good ideas ,,, i will look into it

Edited by liddelljohn

On 5/31/2026 at 9:02 AM, Yumthai said:

Not anymore.

Good to know, I have not looked lately. If <25k account balances, the PDT rules on margin accounts are being removed starting this week also, different brokers different dates.

On 5/21/2026 at 9:43 PM, Caldera said:

For "worldwide shares", I wouldn't open a brokerage account in Thailand, but an Interactive Brokers one.

Interesting. I believe non-resident aliens to the US are not subject to US federal capital gains tax on the sale of stocks traded on US exchanges. However i think when one brings any profit of stock sales into Thailand, then the profit is potentially taxable by Thailand (when remitted to Thailand). Further, I suspect dividends earned with Interactive Brokers may be taxable in USA.

I think thou, capital gains (ie income from stocks) if listed on a Thai stock exchange, from Thailand brokerages by a Thai tax resident, are not taxable in Thailand per Thai tax law and corresponding Ministerial Directives.

I am not aware of any USA companies directly listed on the Thailand stock exchange, but ... .

But ... having typed that, I read that Thai Depositary Receipts (DRs) are listed on the Stock Exchange of Thailand (SET). I think the Stock Exchange of Thailand (SET) offers a range of Depositary Receipts (DRs) that allow one to gain exposure to major U.S. companies without needing to open a non-Thai (foreign brokerage) account. Because these DRs are traded directly on the Thailand SET, they are treated as domestic securities for tax purposes, meaning capital gains from their sale are generally tax-exempt for individual investors under the same rules as other SET-listed stocks.

The above is just my reading ... I have not myself tried nor experienced the above.

Instead, I concede, I prefer to use a foreign brokerage (Canadian brokerage which is possibly only due to my citizenship), and then I rely on both the Thailand-Canada Double Tax agreement and on my having an LTR-WP visa to help manage my taxation exposure.

Edited by oldcpu

On 6/3/2026 at 1:27 PM, oldcpu said:

Stock Exchange of Thailand (SET) offers a range of Depositary Receipts (DRs) that allow one to gain exposure to major U.S. companies

I have runs the numbers on this. And if your plan is to use the money in Thailand while you are resident in Thailand then it definitely pays off for you to use Thailand Depository Receipts. This applies whether you hold the money for 10 years or whether you remit annually. The benefit over 10 years is roughly a 15% gain.

I set up various scenarios with different time lengths. One is to place investments through an American-based brokerage like IBKR (which is what would happen if you set up an IBKR account as a Thai resident) and purchase UCITS (these are European ETFs of American shares which have a massive 50% discount tax advantage over simply buying directly the American ETFs). The other was to use the Thailand Deposit Receipts. Another option was to use Singapore Depository Receipts through a brokerage in Singapore.

The absolute gains from using an American-based brokerage like IBKR, where you would purchase as a non-tax resident of America, UCITS (based in Luxembourg, Ireland etc) to minimise the American dividend tax placed on all US shares, are unquestionable. The dividends would only experience a 15% tax. There is high liquidity and very low risk since your money will be in a Finance Tier 1 country.

In contrast, the Thailand Depository Receipts, although they would avoid income tax through the depository wrapping, they would still experience a 10% tax hit on dividends but not on the capital gain etc. Additionally, the wrapping does not allow them to avoid the 30% dividends tax that America imposes.

In theory, the Thai brokerages could also access the UCITS concept and wrap them in a depository receipt, but there is currently only one UCITS available. In addition because of the massive intermediary friction costs and the illiquidity factor, the wrapping is not the amazing deal it appears. You also have the risk factor since you will be placing your investments in a country below even Finance Tier 4.

Having said all that, putting aside the issues of risk, If your plan is to remain tax resident in Thailand then unquestionably the best deal when it comes to profits is through the Thailand Depository Receipts.

One further potentially enormous advantage of the Thailand Depository Receipts is you avoid the inheritance tax on American shares imposed by the American government. The government of America imposes these taxes whether you are resident or not in America. But the wrapping effectively avoids the payment's liability.

These are some very big issues with large amounts of money at stake. I would be very tempted to go to an international tax accountant of a midsized American accountancy company based in Thailand, and run the numbers with them.

1 hour ago, Gaccha said:

One further potentially enormous advantage of the Thailand Depository Receipts is you avoid the inheritance tax on American shares imposed by the American government. The government of America imposes these taxes whether you are resident or not in America. But the wrapping effectively avoids the payment's liability.

Drastic US estate tax is the main issue for non-resident alien investing in US, except for with people with no heir or don't care.

Life insurance (term or whole) could cover US estate tax for heirs. Alternatively, US situs assets could be held via a company or a trust but there will be corporate formation/maintenance costs.

  • Author

im not a US Citizen or taxpayer, i hold UK and EU passports ,, I just want to buy and sell shares atc as and when but not using UK banks or brokers , want to do it from my money in Thailand including some of the 800k for Visa when I can ..

On 6/5/2026 at 10:43 AM, Yumthai said:

Drastic US estate tax is the main issue for non-resident alien investing in US, except for with people with no heir or don't care.

Life insurance (term or whole) could cover US estate tax for heirs. Alternatively, US situs assets could be held via a company or a trust but there will be corporate formation/maintenance costs.

The majority of people don't suddenly die, so the chances of not getting your money out yourself to avoid heirs getting the estate tax hit in your twightlight years is minimal I would think?

On 6/5/2026 at 5:59 PM, liddelljohn said:

im not a US Citizen or taxpayer, i hold UK and EU passports ,, I just want to buy and sell shares atc as and when but not using UK banks or brokers , want to do it from my money in Thailand including some of the 800k for Visa when I can ..

For UK pp holders trading US stocks (ETFs and options) using US based brokers and international accounts should be easier from Thailand than it is from the UK as Thailand isn't bound by the same trading restrictions as the UK.

2 hours ago, Digitalbanana said:

The majority of people don't suddenly die, so the chances of not getting your money out yourself to avoid heirs getting the estate tax hit in your twightlight years is minimal I would think?

Even if the probability of sudden death is low would you take the chance to let your heirs get hit by 40% estate tax on anything over 60K USD? I would not.

1 hour ago, Yumthai said:

Even if the probability of sudden death is low would you take the chance to let your heirs get hit by 40% estate tax on anything over 60K USD? I would not.

You take the money out of US markets before you die, no estate tax. Simple.

8 hours ago, Digitalbanana said:

You take the money out of US markets before you die, no estate tax. Simple.

You have a workable crystal ball?

If you mean no investment in US assets, yes it's indeed a sure solution.

11 hours ago, Yumthai said:

Even if the probability of sudden death is low would you take the chance to let your heirs get hit by 40% estate tax on anything over 60K USD? I would not.

If one has a crystal ball and knows when his/her time will come, then one can transfer his/her assets ahead of time. That's not always the case. My sister's husband passed away suddenly from a heart attack at age 53. Fortunately, they were both US citizens and had their accts set up with beneficiary designations, so all of his accts transferred over to her without issue.

I cannot designate my Thai wife as beneficiary on some of my US accts. And, for the ones I can designate her, she would need to be able to get a visa to enter the US to collect in person, which is pretty difficult to do. The taxes are also a big concern, that's why I've made other plans for the money I'm leaving to my wife.

Edited by JohnnyBD

Sudden death is sudden death. All I was saying statistics show sudden deaths in the NRA (non resident aliens) group invested in the USA is low vs how they die in their entirety, usually over time from underlying health issues. Fact is as I understand things, most NRA's handle estate tax avoidance of their heirs by moving their funds out before they croak.

4 hours ago, Digitalbanana said:

Fact is as I understand things, most NRA's handle estate tax avoidance of their heirs by moving their funds out before they croak.

It's ok for people who like gambling, like the ones who prefer to pay for health issues rather than buying a proper health insurance. It's irrational but to each their own.

On 5/25/2026 at 7:04 AM, jas007 said:

I've never tried to use it, but my Kaisikorn K+ app has a section called 'Investment." You can trade mutual funds, gold, and government bonds.

I don't think it works for foreigners.

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