We found 11 online brokers that are appropriate for Trading Thai Investment Platforms.
Thailand, a famous country with tropical beaches, may see one of the worst economic years of its history. The year 2021 may see Thailand's economy contract by 10%. GDP growth of 3-4% may be seen in 2024 but to reach there, the country will have to go through a 10% contraction.
Experts believe that it would take 2 years (end of 2024) for the Thai economy to reach pre-COVID levels. In case of another deadly wave of COVID-19 or vaccines losing the battle against the virus, recovery may be put on the backtrack once again.
Thailand earns most of its income from the tourism and export sector. In order for the tourism sector to recover, a world that is free of COVID-19 is required. With rising cases of coronavirus, no one's going to visit the tropical beaches of Thailand.
Big economies such as the USA, China, Japan & EU countries are the main driving forces for global demand. A return of global demand will only be possible if a big portion of the population gets their vaccine doses.
The return of tourism and global demand is directly tied to the economic growth of this Southeast Asian country.
Vaccination is already underway in most countries. The situation is expected to further improve in the 2nd half of 2021, as more people will be immune to the coronavirus. Based on this positive scenario, the government of Thailand is expecting a steady rise in tourism from other countries. In 2021, around 8 million tourists may visit the country & enjoy its tropical beaches. However, that number (8 million) is nothing when compared to 2019's number of 40 million tourists.
The tourism sector can only reach its pre-pandemic performance if the virus troubles end. How long that will take is anybody's guess.
The main trading partners of Thailand are Japan, the USA, the EU, and China. An increase in exports can be only be materialized if the countries mentioned above also start their economic recovery. Right now, global demand is weak and as such may see Thailand's export drop by 8%. In 2024, exports may grow by 4-5%.
As mentioned earlier, exports and tourism are the cornerstones of the Thai economy. A drop in both resulted in lost revenues for the local businesses. SMEs also took a severe hit and if the situation continues, they may not enough liquidity to survive...
Small and medium enterprises employ around 13 million of the Thai population. This represents around 90% of the workers in the country. With declining profits of SMEs, the employees also experienced reduced work hours and income.
With reduced work hours & less income, the Thai population has less money to spend. The direct result of this situation was a weak domestic market and increased debt (household).
Since October, the situation has improved somewhat for non-durable products which include food, tobacco, etc. However, durable products such as mobiles, clothing, cars, etc. have still not reached their pre-COVID levels. The reason for this difference is very clear: People are spending on essential goods only and skipping the purchase of items they do not need. In short, survival has taken the central theme...
Besides the fall in foreign tourism, domestic tourism is also only around 50% of what it was in October last year.
In near future, an increase in spending doesn't seem possible. Debt held by the households is already around 84% of GDP and will only rise in the future.
Government still has around 70% of the 1 trillion baht loan remaining. If we combine that with the upcoming budget, it will represent around 25% of the GDP.
Help the Small and medium enterprises will be of utmost importance to the government. To reach this end goal, a sizeable increase in public spending is required. Any investment from the government or foreign entity can also help to kickstart the public sector - which will ultimately fuel the growth of the economy.
Inflation will be around 1% or below next year. The reason for no upward pressure in inflation is attributed to low oil prices & slow economic activities in the country.
In other news, interest rates are also expected to remain zero or near zero for the foreseeable future.
Uncertainty is at unprecedented levels mainly due to pandemics. The world was just not ready for yet another pandemic after the Spanish flu (around 100 years ago).
Possible risk factors include rising cases of COVID-19 (new wave), less-effective vaccines, and a low volume of trade. The trade war between the USA and China can also pose a downside risk for Thailand.
As mentioned many times, the Tourism sector is the main revenue source for Thailand. The only way to see an improvement in this sector is improved conditions all over the world, especially in Thailand. If the world manages to contain COVID-19 but Thailand fails, no one will come to visit the country. The opposite scenario will also be bad for tourism.
We have conducted extensive research and analysis on over multiple data points on Thailand Economic Forecast to present you with a comprehensive guide that can help you find the most suitable Thailand Economic Forecast. Below we shortlist what we think are the best Thai Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Thailand Economic Forecast.
Selecting a reliable and reputable online Thai Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Thai Investment Platforms more confidently.
Selecting the right online Thai Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Thai Investment Platforms trading, it's essential to compare the different options available to you. Our Thai Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Thai Investment Platforms broker that best suits your needs and preferences for Thai Investment Platforms. Our Thai Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Thai Investment Platforms.
Compare Thai Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Thai Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Thai Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Thai Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Thai Investment Platforms that accept Thai Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
---|---|---|---|---|---|---|---|---|---|---|---|
Rating | |||||||||||
Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
Funding |
|
|
|
|
|
|
|
|
|
|
|
Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
Benefits |
|
|
|
|
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
|
|
|
|
|
|
Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
Support |
|
|
|
|
|
|
|
|
|
|
|
Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 74-89 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Thai Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Thai Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Thai Investment Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.