Comparison of Thai Brokers 2026 - The Lowest and Highest Commissions Investors Should Know

Investing in the stock market involves more than just choosing the right stocks; selecting a broker is also a crucial factor that always impacts your profits. Just like choosing products based on price, trading fees can reduce your gains. Comparing brokers with low commissions but good service is something many investors look for. In 2026, we will present comprehensive and useful fee comparison information for you.

What Are Broker Fees and Why Do They Affect Your Profits?

Before comparing different brokers, let’s understand what the actual fees are. When you want to buy stocks, you can’t go directly to the seller because you might not know who to contact, the price, or whether you’ll get the stocks as agreed. The Stock Exchange of Thailand requires all transactions to go through authorized intermediaries—“brokers”—who accept orders and facilitate investor transactions.

These brokerage firms need income, right? Their main revenue comes from trading fees, which vary in rate and structure among brokers. Some set low fees, some charge a minimum daily fee, and others find alternative ways to earn revenue. Choosing the right broker comparison helps investors save costs.

Comparing Account Types – Cash Balance vs. Cash Account: What’s the Difference?

A key point in choosing a broker comparison is the account type, as each has different fee structures.

Cash Balance Account is where you must transfer full funds before buying. For example, if you have 100,000 THB, you can buy stocks up to that amount. This type has lower risk and the lowest fee, about 0.15% of trading value.

Cash Account allows you to buy stocks with a credit-like limit, paying the difference the next day. So, with 100,000 THB, you might buy more than that. The risk is higher, and the fee is more expensive, around 0.20% of trading value.

Top 10 Brokers to Know in 2026: Fee Comparison Table

Which Type of Investor Should Choose Which Broker?

For Small Investors (Infrequent Trading)

If you’re starting with a small amount and trade infrequently, low minimum fees are important. Bualuang and Krungthai X Spring, which have no minimum fee, are better. For example, if you buy stocks worth 5,000 THB, you only pay 0.15% = 7.50 THB, not the minimum 50 THB.

For Active Traders

If you trade large volumes, even a 0.075% fee adds up. SBI Thai Online, with only 0.075% fee for Cash Balance accounts, is very attractive for this group.

For Serious Investors

If you want the lowest possible fees, Liberator offers nearly 0% (0.006%) but with more limited services. Comparing this broker with others should consider overall service quality.

Deep Dive – 10 Important Brokers

1. Bualuang (BLS) – Easy Choice, No Minimum

A broker under Bangkok Bank, easy to open if you’re a bank customer. No minimum daily fee. Fees: 0.15% (Cash Balance), 0.20% (Cash Account).

2. Innovest X (formerly SCB Securities)

Part of SCB X, fees are 0.15% and 0.20%. Minimum fee waived at 50 THB when confirming via E-Statement.

3. SBI Thai Online – Lowest Fees

A Japanese broker with a 0.075% fee for Cash Balance, nearly half of competitors. No minimum for Cash Balance, but 50 THB minimum for Cash Account.

4. Kasikorn – Reliable Choice

A major broker offering comprehensive services. Fees: 0.15% (Cash Balance), 0.20% (Cash Account), with a 50 THB minimum. You need to trade at least 33,000 THB to avoid minimum fee.

5. Liberator – Nearly Zero Commission

Promotes 0% commission (about 0.006%) via app. Very cost-effective but services may be limited.

6. Tisco – For Existing Tisco Customers

Fees: 0.15% and 0.20%. Suitable if you’re already a Tisco client. Minimum fee not specified.

7. Thanachart – Plus 1% Deposit Interest

Fees: 0.15% and 0.20%, with 50 THB minimum. Additional benefit: 1% interest on cash deposits.

8. Krungthai X Spring – All-in-One Service

Joint product from Krungthai, with 0.15% and 0.20%, no minimum fee, accessible for all.

9. UOB – International Service

International broker with 0.15% and 0.20%, 50 THB minimum. Standard global service.

10. Phillip – Lowest Minimum Fee

Fees: 0.15% and 0.20%, with only 30 THB minimum. Very low minimum, suitable for many investors.

CFD Trading – Alternative with Different Fees

Besides traditional stock trading, some investors consider CFDs (Contracts for Difference), which profit from price differences without owning the stocks.

CFD Broker Comparison

CFDs typically don’t charge a trading fee percentage but earn from the bid-ask spread. When comparing CFD brokers, look for narrow spreads and high liquidity.

How to Calculate Fees – Example

Still unsure how fees affect profits? Here’s an example:

• You buy stocks worth 50,000 THB.
• Using Bualuang (0.15%, no minimum): 75 THB fee.
• Using Kasikorn (0.15%, min 50 THB): 75 THB (since 0.15% of 50,000 THB = 75 THB).
• Using SBI (0.075%, no minimum): 37.50 THB.

Notice that choosing a broker with 0.075% instead of 0.15% saves you 37.50 THB per trade. If you trade 100 times a year, that adds up to 3,750 THB saved annually.

How to Choose the Right Broker Comparison

1. Define your investment style – How often and how much will you buy?
2. Select account type – Cash Balance or Cash Account.
3. Estimate actual fees based on your volume – Percentage + minimum.
4. Check additional services – Data, speed, app quality.
5. Try demo accounts – Many brokers offer free trials.
6. Calculate total annual fees – Not just the percentage rate.

Final Notes

An investor’s profit depends not only on choosing good stocks but also on minimizing costs. Comparing brokers to reduce fees is equally important. In 2026, there are many options—from nearly zero commissions to standard rates. Choosing the right broker for your investment style is essential.

Compare various brokers thoroughly before deciding. Remember, low fees alone aren’t the only factor; service quality and reliability are also vital.