Choose a stock broker with low fees 2569: A decision guide for Thai traders

In 2026, choosing a stock broker with low fees has become a key factor influencing investment success. Trading fees, even just a fraction of a percent, can accumulate into substantial costs over the long term.

What Are Broker Fees and Why Should You Care?

Broker fees are as important to investors as costs are to any business. Brokers act as intermediaries for buying and selling stocks through the Stock Exchange of Thailand, and to earn revenue, they charge fees based on trading volume.

Understanding the fee structure helps investors plan strategies effectively, especially when deciding how much to buy or sell each time and which broker to choose.

Cash Balance Account vs. Cash Account: Differences and Fees

Before comparing fee rates among various stock brokers, it’s important to understand that there are two types of trading accounts:

Cash Balance Account is an account where investors must transfer the full amount before purchasing stocks. The trading limit equals the actual funds available. This account has the lowest fees, approximately 0.15% of trading value when orders are placed via the internet by oneself.

Cash Account offers more flexibility, allowing immediate trading with a credit-like limit, with settlement the next day. This account has higher fees, around 0.20% of trading value.

This difference is reflected across all surveyed stock brokers and is a crucial factor in choosing the account type that suits your trading style.

Comparing Top 10 Stock Brokers: Commission Rates and Minimum Fees

Below is a summary table of fee rates among leading stock brokers in Thailand in 2026:

*Liberator is in a special status as a marketing strategy to attract customers.

Leading the Cheapest Fees: In-Depth Analysis

SBI Thai Online: The Pioneer of Savings

SBI Thai Online (SBITO), a Japanese multinational broker, holds the position of the lowest fee in traditional categories, charging 0.075% for Cash Balance accounts and 0.10% for Cash Accounts, making it an ideal choice for cost-conscious investors.

Besides low rates, Liberator also offers a cutting-edge approach as a zero-commission broker, meaning investors pay only the stock exchange’s fee. However, each broker has its own marketing strategies.

Bualuang and Krungthai X Spring: No Minimum Fees

For investors with smaller amounts, a common issue is minimum daily fees. Bualuang (BLS) and Krungthai X Spring stand out because they have no minimum fees, making them suitable for beginners or those with low trading volume.

Which Broker Has the Lowest Fees? Analyzing by Your Trading Volume

Choosing a low-fee stock broker depends on your trading size:

If you trade small amounts (less than 25,000 THB per day): Opt for brokers without minimum fees, such as Bualuang or Krungthai X Spring. In this case, the 50 THB minimum fee can be a significant burden.

If you trade medium volumes (25,000 - 100,000 THB): SBI Thai Online offers the best fee rates.

If you trade large amounts daily: Most brokers have similar fees because minimum fees become less relevant. In this scenario, focus on additional services and quality of analysis.

Other Costs Often Overlooked

Besides broker fees, investors must pay fees to the Stock Exchange of Thailand, including trading fees, settlement fees, and regulatory fees, totaling about 0.007% of trading value.

Additionally, there’s 7% VAT on all fees, and a trading fee of 14.98 THB (including VAT) for securities transactions via ATS systems for Cash Accounts.

Therefore, the total cost per trade exceeds just the broker’s fee.

Stock CFDs vs. Actual Stocks: Cost Differences

Beyond trading stocks on the exchange, investors can choose CFDs (Contracts for Difference), derivative instruments allowing profit from price changes without owning the actual stock.

CFDs generally have lower costs: most do not charge trading fees, but brokers earn from the bid-ask spread, which is often lower than broker fees relative to contract value.

Examples of low-cost CFD brokers:

• Mitrade: 0 fee, low spreads, 1:200 leverage
• IC Markets: 0 fee, 1:1000 leverage
• CMC Markets: Starting at $10, with many trading options

However, CFDs carry higher risks, as losses can exceed the initial investment.

Summary: Smartly Choosing a Low-Fee Stock Broker

Selecting a low-fee stock broker isn’t just about the percentage rate. Consider other factors such as:

1. Account Type that matches your trading style
2. Typical trading volume per day
3. Minimum fees that could impact small investors
4. Additional services and quality of analysis
5. Regulatory status and broker reliability

Investors aiming to minimize costs should review this comparison table carefully and match it with their trading patterns. Making the right choice can significantly increase your profits.