7 Best Forex Brokers in Thailand for 2025

Exness is a multi-regulated forex and CFD broker that ranks the best for Thai traders due to its diverse services and affordable accounts. Headquartered in Cyprus and founded in 2008, Exness has quickly asserted itself for its low trading fees, choice of over 230 tradable instruments, and availability of MetaTrader 4, MetaTrader 5, and the broker’s proprietary platform – the Exness Terminal.

Regional Features:

• Thai traders can open an account with the Exness (SC) Ltd entity of the broker, which is licensed and regualted by the FSA of the Seychelles.
• Leverage of up to 1:2000 for all accounts.
• Thai payment options include bank cards and wire transfers.
• A localized version of the website is available in Thai.
• Trade on USD/THB and many other currency pairs.

I conducted my tests on a Standard account, which features commission-free trading and floating spreads from 0.2 pips. However, I also discovered that the broker’s spreads are closer to 1.0 pips. Still, the combination is better than the industry average and is suitable for implementing all kinds of trading strategies.

Exness also has a low minimum deposit requirement of only $200, making its trading accounts quite affordable. There is effectively no limitation on the maximum leverage allowed, which is especially suitable for volatility trading but risky to inexperienced traders.

Exness’ proprietary platform is quite versatile and easy to navigate. It features more than 150 technical indicators and drawing tools and a variety of other chart configurations, making it useful for conducting penetrating technical analysis. Additionally, the platform is integrated with Trading Central, providing users with access to actionable trading signals directly from the Exness Terminal.

If you prioritize trading with a broker that provides the most competitive trading fees in Thailand then IC Markets may be a good option for you. Founded in 2007, IC Markets is based in Sydney, Australia, and is authorized and regulated by CySEC, ASIC, SCB, and the FSA of Seychelles, providing access to more than 2,250 financial instruments from the MT4, MT5, and cTrader platforms.

Regional Features:

• Thai traders can open an account with IC Markets with its Raw Trading Ltd entity, authorized and regulated by the Financial Services Authority (FSA) of Seychelles under license number SD018.
• Leverage up to 1:500.
• Thai payment options include credit and debit cards, PayPal, Neteller, Skrill, Bank Transfer, RapidPay, and Klarna.
• A localized Thai version of the IC Markets website is available.
• Access to Thai customer support during business hours.
• Trade on USD/THB and many other currency pairs.

IC Markets is considered the ‘go-to’ broker for serious forex traders who want access to raw spread interbank pricing, no requotes, and no limitations on strategies or how close your orders can be to the live market price.

The trading accounts available for Thai traders depend on whether you trade from the MetaTrader or cTrader platforms. Here is a breakdown of what is available:

• cTrader Raw Spread account: Spreads from 0.0 pips. Commission from $3.00 per 100,000 units of currency traded, per side.
• MetaTrader Raw Spread account: Spreads from 0.0 pips. Commission of $3.50 per 100,000 units of currency traded, per side.
• Standard Account (MT4/MT5): Spreads from 0.6 pips. Zero commission.

After opening a live trading account and testing the broker’s fees, I found the spread during the London and New York session for EUR/USD was 0.6 pips and averaged 1.35 pips for GBP/JPY.

From my years of trading experience, I found these to be very competitive. The average spread for EUR/USD on a commission-free trading account is 1.0 pips – with IC Markets this is nearly halved. I have seen some brokers quote more than 5.0 pips for GBP/JPY, so the IC Markets spread of 1.35 pips is also very competitive.

For the commission-based accounts, the $3.50 fee per lot, per side for MetaTrader and the $3.00 fee per lot, per side for cTrader are in line with the industry average. One unique feature I enjoyed was that IC Markets has no order distance restriction which means you can place orders very close to the current market price.

Founded in 2009, RoboForex is a Belize-based financial derivatives broker. It impresses with its over 12,000 instrument range, competitive fees, and layered market research. RoboForex has an intuitive economic calendar, provides regular and in-depth market analyses, and offers actionable trading signals. The broker has also developed an excellent market sentiment tool.

Regional Features:

• Entity for Thai traders: RoboForex Ltd, regulated by the FSC Belize.
• Leverage up to 1:2000.
• Thai payment options: International Bank Transfer, Perfect Money, Stickpay, Visa, Mastercard, QR & Vouchers, Western Union.
• Customer support is available in Thai.

I performed my testing on a Pro trading account, featuring floating spreads from 1.3 pips and commission-free trading. The account type has a minimum deposit requirement of $10 and a maximum retail leverage of 1:2000. I assessed that apart from crude oil, RoboForex’s spreads beat the industry average.

The broker incorporates the standard suites of MetaTrader 4 and 5 and has also developed an excellent proprietary platform in R StocksTrader, which offers access to 12,000+ stocks and share CFDs. While R StocksTrader supports the execution of advanced technical analysis, MT4 and MT5 can be used for basic technical analysis and simple order execution.

FISG is a financial derivatives broker with headquarters in Cyprus. Since its establishment in 2011, the broker has garnered a reputation for itself as a crypto-friendly broker. It offers 111 tradable instruments, 17 of which are major and minor cryptos.

Regional Features:

• Entity for Thai traders: First Interstellar Global Ltd, regulated by the FSA (Seychelles).
• Leverage up to 1:500.
• Thai payment options: International Bank Transfer, Crypto Wallets.
• Customer support is available in Thai.
• Localized website.

I opened a Standard FISG account, which features zero commissions and floating spreads starting at 2.7 pips. Even though this pricing mechanism is steeper than usual, the broker’s crypto spreads are remarkably low. I measured its BTCUSD spread around the London and New York market opens, and recorded it at around $28, which is better than the industry average of $34.

Other perks for crypto traders with FISG include the broker’s comparatively high maximum retail leverage, which tops 1:200 across major coins. Moreover, the broker supports deposits and withdrawals via major cryptocurrencies, allowing crypto traders to avoid paying significant conversion fees.

FISG has integrated MT4 and MT5 setups for desktop, mobile, and web trading. Crypto traders can choose from dozens of analytical tools and chart configurations, and they can also place market, limit, and stop orders.

Both platforms feature watchlist customization, an alarm-setting option, and one-click trading. The Depth-of-Market (DoM) tool is another valuable resource for high-speed trading, particularly in the cryptocurrency market.

Established in 2005, FP Markets has entities authorized and regulated by ASIC and CySEC with one unregulated entity based in St. Vincent and the Grenadines. You can trade on 850+ financial instruments from the MT4, MT5, and cTrader platforms.

Regional Features:

• Thai traders can open an account with the FP Markets entity based in St. Vincent and the Grenadines which is not regulated by a financial authority.
• Leverage of up to 1:500 for all accounts.
• Thai payment options include 20+ methods such as bank transfer, credit/debit card, Neteller, Skrill, Asia Banks, Sticpay, Fasapay, Virtual Pay, Rapyd, Perfect Money, XPay, cryptocurrencies and more.
• The localized Thai version of the FP Markets website is available.
• Accessibility of customer support in Thai during business hours.
• Trade on USD/THB and many other currency pairs.

During our live test, I was impressed by the number of platforms FP Markets provides its users. You can trade from MT4, MT5, and cTrader which – from my own experience – are all exceptional forex trading platforms. The broker also provides extra trading tools to aid your trading.

This includes the use of AutoChartist and Trading Central. I enjoy using AutoChartist as it finds real-time technical analysis patterns across a range of timeframes and markets. I find it to be useful in speeding up the research and analysis time which is important if you are more of a short-term trader.

There are two account types available for traders in Thailand: the Standard and Raw accounts. While the Standard is a commission-free account, the Raw account charges a competitive commission per lot, per side, of 3 USD, which is better than the industry average of 3.50 USD.

Both account types offer ECN pricing which means price quotes are sourced from multiple liquidity providers to provide the best possible execution price. During our live fee test, I found the spread for EUR/USD during the London and New York session averaged 1.0 pips which is the industry average for a commission-free trading account.

Founded in 1974, IG is a reputable broker, listed on the London Stock Exchange. Its user-friendly yet feature-rich web platform and mobile app offer access to over 17,000 markets, free trading signals, real-time market news, and advanced charting capabilities.

Regional Features:

• Entity for Thai Traders: IG International Limited, regulated by the Bermuda Monetary Authority (BMA).
• Leverage of up to 1:200
• Platforms: IG Web, IG Mobile, MT4, TradingView, ProRealTime, L2 Dealer
• Payment Methods: Bank wire, credit/debit cards
• Bonuses and promotions: $150 welcome rebate
• Additional Features: Weekend trading – gold, forex, indices and cryptos

IG provides a wide selection of trading platforms tailored to different types of traders. The IG web platform and mobile app cater to both beginners and advanced traders, offering seamless access to a vast collection of over 17,000 markets across all global asset classes.

The web platform is user-friendly, intuitive, and highly customizable. It features advanced tools such as one-click trading, the ability to trade directly from charts, and access to client sentiment data. There are also built-in trading signals from Autochartist and PIA First covering major forex, indices, and commodities across different timeframes.

The built-in market news section is an excellent tool for staying up to date with the latest news announcements and viewing market research and opinions from IG’s in-house analysts. For algorithmic traders, IG supports the popular MetaTrader 4 and ProRealTime. The latter allows users to create and backtest automated strategies without the need for coding knowledge.

For those who want to learn more about trading, the broker offers IG Academy, which features a wealth of educational content such as trading courses, webinars, platform tutorials, and more.

FxPro—founded in 1999 and headquartered in London—simultaneously delivers high-quality services, comprehensive educational content, and robust market research, benefiting casual and beginner traders. The broker offers 2100+ tradable instruments, a user-friendly platform, and reliable customer support.

Regional Features:

• Thai traders can open accounts with with FxPro Global Markets Limited, which is licensed and regulated by the SCB Bahamas.
• Leverage up to 1:200.
• Thai payment options include international bank transfer, credit and debit cards, PayPal, cryptocurrencies, and more.
• A localized Thai version of the website.
• Access customer support in Thai during local business hours.

Beginners can opt for FxPro’s versatile web platform, which boasts a streamlined interface and high-definition charts. Alternatively, they can choose between the renowned MetaTrader 4&5 and the advanced cTrader.

FxPro also demonstrates a strong commitment to client satisfaction with its comprehensive educational and research materials offering. It incorporates content from Trading Central and provides high-quality in-house market reviews, along with a variety of trading calculators and other supporting tools.

The cherry on top is FxPro’s diverse educational content. The broker offers a variety of articles, videos, and CME Group materials, helping first-time traders get a layered understanding of trading.