If you're interested in trading Forex in Thailand, you probably want to know whether or not it is legal for you to do so. After all, with your capital at risk, the last thing you want is difficulty with the law. Lucky for you, we've researched the legislation, and found that it is 100% safe and legal for you to trade Forex in Thailand!
The laws for trading in Thailand are enforced by the Securities and Exchange Commission (SEC). For Forex trading, the regulations fall within the "Securities and Exchange Act, B.E. 2535". This piece of legislation defines the rules for trading securities, investment advisory service, and futures and options. It states that:
"... a securities company shall comply with the rules, conditions and procedures as specified in the notification of the SEC"1
Most trading platforms that we have reviewed have accepted Thai clients. We have labeled those who do not so you can avoid them. If you're looking for a regulated operator to trade with, CySec, ASIC, and FSC are a few of most common regulators for top Forex platforms.
Now that you have a better understanding of the legality of trading Forex for Thai, it's time for you to choose a trading platform to make an investment with. We have created a list of the top Forex trading brokers for Thailand. Have look at that, and feel free to contact if you have any questions or concerns.
Source:
1. The SEC Act B.E. 2535
Last updated: 05/30/2017 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
