Choose the right broker to ensure the maximum trading fee for stocks is what amount

2026-01-05 18:59:39

For investors entering the stock trading industry, broker fees are a factor that should not be overlooked. Choosing a broker with higher stock trading fees will eat into your expected profits, while selecting a broker with lower commissions can increase your potential gains. This year, 2568, many brokers have changed their fee structures, so we provide a comprehensive comparison of the fee rates.

Stock Trading Fee Comparison Table for 2568

Broker	Cash Balance	Cash Account	Minimum Fee
Bualuang	0.15%	0.20%	None
Innovest X	0.15%	0.20%	50 Baht (If using E-Confirmation, no minimum)
SBI Thai Online	0.075%	0.10%	50 Baht
Kasikorn Thai	0.15%	0.20%	50 Baht
Krungsri (Liberator)	0.15% down to 0.11%	0.15% down to 0.11%	Not specified
Tisco	0.15%	0.20%	Not specified
Thanachart	0.15%	0.20%	50 Baht
Krungthai X-Spring	0.15%	0.20%	None
UOB	0.15%	0.20%	50 Baht
Phillip Capital	0.15%	0.20%	30 Baht

Choose a broker based on your situation

For those with small investment capital

If you are still in the early stages of investing with limited funds, SBI Thai Online is an attractive option because it offers clearly lower stock trading fees than competitors. The Cash Balance account has a rate of only 0.075%, meaning if you buy stocks worth 5,000 Baht, the fee will be just 3.75 Baht. This is rare in the Thai broker market.

Additionally, Bualuang is a good choice for this group because it has no minimum daily fee. If you buy a small amount of stocks, you only pay the actual fee based on your purchase. Being part of Bangkok Bank Group, account opening is also easy.

For those with larger investment capital

Investors with more funds should look for brokers that offer additional conveniences beyond low fees. Kasikorn Thai charges a standard rate of (0.15% for Cash Balance), but provides quality market insights and analysis. Phillip Capital has a minimum fee of only 30 Baht per day, which is lower than many competitors.

If you desire flexibility and low rates, choose Innovest X, which allows clients to use E-Statement to avoid minimum fees.

For those already with a bank account

If you are already a customer of Thanachart, opening a stock trading account with your existing bank is not only convenient but also offers additional benefits, such as a special deposit interest rate of 1% per year if you deposit funds into your stock account. Meanwhile, the fee rate remains at 0.15%-0.20%, which is standard.

How to calculate stock trading fees

What is a Cash Balance account?

A Cash Balance account requires you to transfer money into it beforehand. The trading limit is therefore limited to the deposited funds. This system is safer for brokers and investors, resulting in lower fees of around 0.15% if you place orders directly via the internet.

What is a Cash Account?

A Cash Account offers more flexibility. You can buy and sell stocks with a credit-like limit and settle the difference the next day. Due to higher risk, the fee is increased to 0.20%.

What does the minimum fee mean?

Some brokers charge a minimum fee, such as 50 Baht per day. This means that even if your calculated fee based on a percentage is less than 50 Baht, you still pay the minimum fee. This particularly affects investors buying small quantities of stocks.

Other costs to consider

Be aware that broker fees are not the only costs involved. Investors also incur:

Stock exchange fee approximately 0.007% of the trading value
VAT (Value Added Tax) 7% of the total fee
Settlement fee (if using ATS system for Cash Accounts)

In total, the explicit costs of trading stocks may exceed the broker fees listed.

Why are broker fees charged?

Originally, investors could not buy stocks directly from others because they didn’t know whom to approach, how to buy properly, or whether the counterparty would transfer the actual shares. The Stock Exchange of Thailand mandated that all trades go through an official intermediary called a “broker” to facilitate transactions.

Brokers act as a bridge, executing buy/sell orders, verifying qualifications, and guaranteeing settlement of share exchanges. As service providers, brokers are compensated through fees based on the trading value. This leads each broker to develop different strategies—some charge lower fees, others offer additional benefits—to attract more investors.

Summary of broker selection in 2568

Choosing the right broker depends on:

Investment size: Small investors prioritize low or no minimum fees
Trading frequency: Frequent traders should choose the lowest possible fees
Additional needs: Some brokers offer good analysis services or higher deposit interest rates

SBI Thai Online remains the most cost-effective choice for Cash Balance accounts at 0.075%. Bualuang is suitable for those who prefer no minimum daily fee. For larger funds and those who value analysis, Kasikorn Thai is a valuable option. The key is to compare and calculate actual costs based on your specific situation, not just look at the fee rates.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.