The best forex apps for Thai traders: 10 quality brokers in 2026

Finding the right forex app is the most important step when starting online trading with a regulated and secure broker. It is essential to protect your funds, as unreliable forex apps can lead to scams and permanent losses. This article presents the 10 most popular brokers accepted in Thailand, with in-depth analysis of each one’s features, advantages, and disadvantages.

Why choose a forex app with an international license?

Safety and regulatory compliance are the foundation of a good forex app. Brokers licensed by leading regulatory agencies such as FCA (UK), ASIC (Australia), CySEC (Cyprus), or DFSA (UAE) are considered trustworthy providers. These licenses indicate strict oversight, client fund protection, and adherence to high industry standards.

Spreads, fees, deposits, and withdrawals: what you need to know

When comparing different forex apps, trading costs are crucial. Spreads (the difference between buy and sell prices) are a key factor. Some brokers offer spreads as low as 0.0 pips but charge additional commissions, while others have spreads of 0.6–1.0 pips with no extra fees. Additionally, the speed and convenience of deposits and withdrawals matter. Good brokers support multiple payment methods, including credit/debit cards, bank transfers, and e-wallets.

Comparison of 10 popular forex apps

#1 Mitrade: Trusted global CFD trading service

Founded in 2011, Mitrade aims to make trading easy for investors worldwide. It is regulated by ASIC (Australia), CIMA, and FSC, making it a reliable choice for a safe forex app.

The Mitrade app supports trading in various instruments, including currency pairs like EUR/USD, USD/JPY, EUR/GBP, commodities (gold, silver, crude oil), stocks, and cryptocurrencies. The minimum deposit is only $50, with spreads around 0.7–1.0 pips.

Advantages:

• User-friendly platform
• Free demo account with $50,000 virtual funds
• Real-time alerts via email, SMS, and app
• Supports multiple deposit/withdrawal methods, including Thai QR codes
• Risk management tools like Stop Loss

Disadvantages:

• Does not support MT4/MT5
• Limited promotional offers

#2 XM: Popular broker among Thai traders

Established in 2009, XM serves over 190 countries and remains one of the most popular forex apps in Thailand due to Thai-language support and quick customer service.

XM offers 55 currency pairs and over 700 CFDs, supporting MetaTrader 4 and 5. The minimum deposit is just $5. Spreads start at 0.6 pips for the Ultra-Low account and 0.0 pips for the Zero account (with a $7 commission per lot).

Advantages:

• Convenient deposits/withdrawals, mostly processed within an hour
• No requotes
• 24-hour Thai-language live chat
• High reliability

Disadvantages:

• Uses Dealing Desk (DD) execution, not straight-through processing (STP)
• No copy trading system
• Account closure policy if no trading activity for 90 days

#3 eToro: Social trading platform

Founded in 2007 by Israeli fintech entrepreneurs, eToro now has over 17 million users across about 100 countries. It offers social trading and copy trading features.

eToro supports trading in stocks, commodities, indices, and cryptocurrencies. The minimum deposit is $200, with spreads starting at 3 pips for EUR/USD. Additional fees include a $25 withdrawal fee.

Advantages:

• PayPal deposit option
• Wide range of tradable assets
• Easy-to-use social trading platform

Disadvantages:

• Slow withdrawals
• Weekly fees if positions are not closed
• Limited leverage for retail traders

#4 Exness: Low spreads and multi-platform support

Founded in 2008, Exness is a global broker regulated by multiple authorities including FCA, CySEC, FSA, FSCA, CBCs, and FSC, making it a safe choice.

Exness offers forex trading (over 100 pairs), metals, indices, energy, commodities, and cryptocurrencies. Minimum deposits range from $1 to $10 depending on account type and payment method. Raw/Zero accounts have spreads of 0.0 pips; Standard accounts have spreads of 0.1–0.3 pips.

Advantages:

• High leverage and diverse markets
• Supports MT4/MT5 and user-friendly apps
• Regulated by multiple authorities

Disadvantages:

• Some users report withdrawal issues or customer service problems
• Ensure correct account type before depositing

#5 Pepperstone: Broker with local Thai office

Founded in 2010 in Melbourne, Pepperstone has an experienced trading team and a Thai office at CentralWorld, making it accessible for Thai traders.

Supports forex, indices, commodities, cryptocurrencies, and stock CFDs, with over 60 currency pairs. Minimum deposit is $200. Standard accounts have no commission with wider spreads; Razor accounts feature spreads as low as 0 pip but charge $7 per lot.

Advantages:

• Local Thai office
• Low spreads on major pairs
• Multiple copy trading options
• Supports MT4, MT5, and cTrader

Disadvantages:

• No bonuses or promotions
• Complex withdrawal procedures
• Longer withdrawal times

#6 FBS: Forex education and seminars in Thailand

FBS, a Russian-based international broker established in 2009, has served Thai traders for many years. It operates in 150 countries, offers Thai language support, and regularly conducts seminars in Thailand.

FBS provides over 550 instruments, including forex, stocks, indices, metals, and energy. Minimum deposit is just $5, with floating spreads starting at 0.7 pips. Supports Thai QR code deposits and electronic payments.

Advantages:

• Secure account opening with SMS verification
• 24/5 Thai-language live chat support
• Wide range of trading products, including crypto
• Fast execution

Disadvantages:

• Bonus promotion conditions are complex
• Bank transfer deposit/withdrawal fees are relatively high

#7 Vantage FX: TradingView tools included

Vantage FX is an Australian broker founded in 2009 by experienced Forex technologists. It supports trading via TradingView for free, a key feature.

Supports forex, indices, commodities, stocks, and cryptocurrencies. Account types include Standard and Raw ECN, with minimum deposits of $50. Standard STP accounts have no commission but start at 1.4 pips spreads.

Advantages:

• Fast order execution
• Attractive bonuses and promotions
• Low spreads on Raw ECN accounts
• Free technical analysis tools

Disadvantages:

• New account setup takes 1–2 days
• Only two account types available

#8 Skilling: Multiple trading platforms

Skilling, launched in 2016, offers forex and CFD trading with rapid growth. Traders can choose between MT4, cTrader, or Skilling Trader, developed by the broker.

Supports 73 currency pairs and over 800 financial instruments. Minimum deposits vary by country and currency. Commissions start at $30 per million USD traded.

Advantages:

• Multiple trading platform options
• Advanced trading tools
• Demo accounts available

Disadvantages:

• No Thai language support
• No dedicated educational resources

#9 HFM: Multiple account types

HFM, established in 2010, is a global multi-asset broker with over 3.5 million accounts worldwide, making it appealing for diverse trading needs.

Supports forex, indices, commodities, stocks, cryptocurrencies, and ETFs. No minimum deposit. Spreads start at 0.0 pips with a $6 commission per round.

Advantages:

• Very low minimum deposit
• Regulated by multiple authorities

Disadvantages:

• Over 5 account types can be confusing
• Limited account currency options

#10 Capital.com: Over 4,000 instruments

Capital.com is a global CFD broker founded in 2016, serving clients in over 183 countries. Offers 138 currency pairs and many other instruments.

Minimum deposit is $20. Supports Thai bank deposits and withdrawals. No trading commissions; fast order execution. Compatible with TradingView.

Advantages:

• Supports Thai bank transactions
• Over 4,000 tradable instruments
• Fast server execution

Disadvantages:

• No MT4/MT5
• No copy trading system

Criteria for choosing the right forex app for you

1. Safety and regulation

Choose an app licensed by authorities like FCA, ASIC, or CySEC, indicating compliance. Check if the broker offers negative balance protection to prevent losses exceeding deposits, even during major market downturns.

2. Trading costs: spreads, commissions, and fees

Review fixed and variable spreads. Fixed spreads are predictable; variable spreads narrow in calm markets but widen during volatility. Prioritize apps with low commissions, as high costs directly reduce profits.

3. Offered currencies and products

Select apps with a wide range of currency pairs like EUR/USD, GBP/USD, AUD/USD, which are most traded. Also, check for other products such as gold, oil, indices, cryptocurrencies, and stocks for diversification.

4. Trading platform and tools

Ensure the app supports industry-standard platforms like MT4 and MT5, with real-time technical analysis tools, charts, and news.

5. Order execution speed and quality

A good broker executes trades quickly and offers the best prices (reducing slippage). Choose apps with reliable servers capable of handling high trading volumes.

6. Customer service and Thai language support

Verify if the app offers customer support in Thai via chat, email, or phone. Good support helps resolve issues promptly.

Summary

Finding a good forex app involves considering safety, trading costs, platform features, and customer service. The 10 brokers listed are trusted options, but the best choice depends on individual needs. Whether you are a beginner or experienced trader, thorough research and education reduce risks and increase chances of success. Select an app with proper licensing, low spreads, excellent support, and user-friendly platforms to succeed in trading in 2026.