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TOP 5 Binary Options Brokers in Thailand
Finding the right binary options broker in Thailand is a very difficult task. Especially if you are a beginner trader who does not know what to pay attention to yet. In Thailand, binary options are not regulated in any way, which means that there are many unreliable brokers on the market. That is why we have compiled a list of trusted platforms that accept Thai customers and offer a free demo account.
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As you can see, the choice is very wide. I think IQ Option will be the best solution in most cases. Unless you are interested in mobile trading – in this situation, choose Expert Option. However, if you care about functions such as copying traders, signals or cashbacks, Pocket Option will be the best candidate. If you are a beginner and choose your first broker and you care about a low deposit, Binarium will be perfect. And if you want to make a bigger deposit, choose Binomo because it is the best broker for VIP clients.
IQ Option
IQ Option is one of the most recognizable binary options brokers on the market. The broker was founded in 2013 and quickly gained popularity thanks to its trading platform, which was the first to offer numerous indicators, professional analytical tools and an integrated economic calendar. Currently, over 100 million clients use the broker’s services. IQ Option is renowned for the highest returns in the industry and a high level of security. IQ Option is not only binary options but also CFDs on: Forex, Crypto, ETFs, stocks and digital options. IQ Option doesn’t offer bonuses, signals or copy traders. If you are looking for a trustworthy binary options broker with a modern platform and one of the highest returns in the industry, choose IQ Option.
- Minimum Deposit: $10
- Minimum Trade: $1
- Bonus: None
- Payouts: 98% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes, Android & iOS
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- Thai Traders: Accepted
Deposit & Withdrawal
IQ Option has always been famous for the fact that it perfectly adjusts its offer to the countries in which it operates. The number of methods available depending on the country is countless. Therefore, below we list the most popular methods that are available everywhere in the world. If you open an account with this broker, you can be sure that the list of methods will be expanded with the payment methods popular in your country. Unfortunately, IQ Option does not offer deposits and withdrawals via cryptocurrencies.
Cards: Visa, Mastercard
Bank Transfer: Sofort / Klarna, Bank Transfer
E-Wallets: Skrill, Neteller
Expert Option
Expert Option was established in 2014 and competed primarily with IQ Option. However, over time, the broker changed its attitude and, apart from a modern browser platform, began to develop its mobile app. Thanks to this, Expert Option has built the best binary options trading app on the market. The application is lightweight and will work great on any device. The broker offers many indicators and drawing tools. The returns are slightly lower than with IQ Option, but still high. It is worth mentioning that Expert Option has different account types depending on how much you deposit. To get the best conditions you need to make a deposit of over $5000. The minimum deposit with this broker is $10, but we suggest you to deposit at least $ 50 to get better returns. If you are looking for a binary options broker that offers the best mobile app, choose Expert Option.
- Regulation: Yes, IFMRRC
- Minimum Deposit: $50
- Minimum Trade: $1
- Bonus: None
- Payouts: 90% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes, Android & iOS
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- Thai Traders: Accepted
Deposit & Withdrawal
Expert Option is the only broker on our list that offers the possibility of deposits and withdrawals using PayPal and bank transfer. It is also possible to use popular internet wallets such as Skrill or Neteller. It is possible to deposit using the crypto wallet – EO Finance. It is a wallet that belongs to the Expert Option broker.
Cards: Visa, Mastercard, Maestro
Bank: Wire transfer
E-Wallets: WebMoney, PayPal, Qiwi, Yandex Money, Neteller, Skrill, UnionPay, PM, FasaPay, ePayments, EO Finace
Pocket Option
Pocket Option is a relatively new platform on our list. The broker was established in 2017 and quickly gained popularity in Europe. Everything thanks to a modern platform that included all the functionalities you can imagine. On the platform you will find the possibility of copying traders, trading signals, cashbacks, bonuses, achievements and much more. There is no such extensive platform on the market as Pocket Option. A few years ago, the broker obtained the IFMRRC regulation, which guarantees that your funds are properly secured. If you are looking for a broker that has high returns and a lot of functionality, choose Pocket Option.
- Regulation: Yes, IFMRRC
- Minimum Deposit: $50
- Minimum Trade: $1
- Bonus: Up to 50%
- Payouts: 95% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes, Android & iOS
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- Thai Traders: Accepted
Deposit & Withdrawal
Pocket Option puts the greatest emphasis on cryptocurrency deposits. Of course, it is possible to deposit by card and with the help of popular internet wallets, but it is cryptocurrencies that are the cheapest solution. Card payments are processed in exotic currencies, which means that your bank may charge a conversion fee of 2%. If you make a small deposit, the card will be the best solution. However, if you plan to deposit a lot, use the crypto wallet – Coinbase.
Cards: Visa, Mastercard
Crypto: Coinbase, Bitcoin, Litecoin, Pax, Stellar, Binance Coin, Etherium, Bitcoin Cash, Tether TRC-20, PAXOS Standard, USD Coin, DAI, Ripple, zCash, USDK, USD Tether, True USD
E-Wallets: WebMoney, Jeton, Perfect Money, AdvCash
If you open an account with this broker, you will receive a 50% deposit bonus!
Binomo
Binomo is the only broker that is a category A member of the International Finance Committee. This means that all the processes that take place on the platform are of the highest quality. On the one hand, the broker offers a minimum deposit from $ 10, but in practice it is not worth paying attention to when depositing such small amounts. By making the minimum deposit you will get very average terms with maximum returns of up to 82%. If you make a deposit over $1000, you will become a VIP customer and your refunds will increase to 90%. In addition, you will get access to closed VIP tournaments, a personal account manager and weekly cashbacks. There is a reason Binomo is called the best broker for VIP clients. If you plan to make a larger deposit and you care about a modern trading platform and the best investment conditions, choose Binomo.
- Regulation: Yes, International Financial Commission
- Minimum Deposit: $10
- Minimum Trade: $1
- Bonus: Up to 75%
- Payouts: 85% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- Thai Traders: Accepted
Deposit & Withdrawal
Binomo offers very similar payment methods to Pocket Option. However, there are fewer cryptocurrencies to choose from. However, I think this is enough because most people use Bitcoin anyway. Remember that if you want to withdraw money, you will need to verify your account. This is true for every broker on our list.
Cards: Maestro / Mastercard
Crypto: Tether USD, Litecoin, Bitcoin, USD Coin, Tether USD, Etherium
E-Wallets: Perfect Money, AdvCash, WebMoney, SticPay, AstroPay
If you open an account with this broker, you will receive a 25% deposit bonus!
Binarium
Binarium is the oldest broker on our list that has never gained such popularity as IQ Option or Expert Option. The broker was established in 2012 and for a long time did not offer the best quality services. The trading platform was outdated and slow. However, some time ago the broker underwent a facelift and caught up with the competition. In our opinion, it is the best broker for beginner traders looking for a small initial deposit. The minimum deposit with this broker is just $5. In addition, Binarium offers a very extensive “Education” tab, which contains guides and 20 ready-made strategies. If you are looking for a broker for beginners, choose Binarium.
- Regulation: No
- Minimum Deposit: $5
- Minimum Trade: $1
- Bonus: Up to 100%
- Payouts: 95% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- Thai Traders: Accepted
Deposit & Withdrawal
Binarium has the smallest number of deposit and withdrawal methods from all brokers in our list. It is possible to pay by card, cryptocurrencies and popular internet wallets. It is worth noting that Binarium allows you to choose from 1 to 15 available currencies when registering an account. You can choose from, among others, Thai Baht. This means that if the currency of your bank account is the same as on the brokerage account, you will save on currency conversion fees for deposits and withdrawals.
Cards: Visa, Mastercard
E-Wallets: WebMoney, Perfect Money, SticPay, FKWallet
Crypto: Bitcoin, Etherium, Litecoin, Ripple
Best Binary Options Brokers in Thailand – Conclusion
As you can see, the choice of binary options brokers in Thailand is very large. Each broker listed here has a free demo account. Expert Option doesn’t even require registration to test the demo. You also don’t need to register for the IQ Option app and Pocket Option app. If you decide to open an account with one of the brokers, all you need to do is provide your email address and password. Then you need to confirm the email address by clicking on the email message. Payment of the deposit and trading does not require any verification. However, if you want to withdraw money, you will need to confirm your identity and address. This is because of anti-money laundering safeguards. To confirm your data, all you need to do is send a photo of your ID card and an electricity bill.
Are Binary Options legal in Thailand?
Yes, binary options are perfectly legal in Thailand. The broker does not require any licenses or permits. Unfortunately, due to the lack of regulation in the market, there are many scammers who can disappear with your money. Therefore, choose a trusted broker using our list. We only recommend verified platforms that have passed our internal tests.
Is binary options trading safe in Thailand?
It depends on how you look at the question. If you choose the right broker you can trust, the most binary options are safe in Thailand. However, if you choose a random platform, you may be scammed. Therefore, we encourage you to use our list.