According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- 1 THB
- Settrade Streaming
- DBSV Online Platform
- DBSV mTrading Thailand (Mobile App)
- Streaming FUND+
- DBSV WealthBOX
- No
- The higher the daily trading volume, the lower the commission per trade
Our Evaluation of DBS Vickers Securities
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
DBS Vickers Securities is a moderate-risk broker with the TU Overall Score of 6.5 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by DBS Vickers Securities clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
DBS Vickers Securities is a stock broker that provides services mostly to Thai investors, but also accepts clients from other regions. It offers access to trading securities and derivatives both on its proprietary platforms and on Settrade platforms that are popular among Asian traders.
Brief Look at DBS Vickers Securities
DBS Vickers Securities, also known as DBSV, is a subsidiary of DBS Group Holdings that also manages DBS Bank, the largest bank in Singapore. DBS Vickers Securities is based in Bangkok and has offices in Thailand and other Asian countries, as well as in the U.S. (New York) and the UK (London). Since 1996, DBS Vickers Securities has been regulated by the Securities and Exchange Commission of Thailand (SEC). The broker is a registered member of the Stock Exchange of Thailand (SET) and Thailand Futures Exchange (TFEX). Its clients have access to trading on SET, TFEX, and the largest exchanges in the U.S., Australia, Asia, and Europe.
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- Financially stable and reliable parent company with high market capitalization;
- SEC (Thailand) licenses and direct participation in trading on SET and TFEX;
- Access to exchanges outside Thailand for local and foreign residents;
- There are no minimum deposit requirements for Thai traders;
- Wide selection of trading instruments and investment products;
- Trading is available on mobile apps, as well as desktop and browser platforms;
- The higher the daily trading volume, the lower the brokerage fee.
- There is no educational content on the broker’s website;
- European markets are represented only by UK exchanges;
- SET50 index contracts are the only available type of options.
TU Expert Advice
Author, Financial Expert at Traders Union
DBS Vickers Securities offers a diverse range of trading services, including access to stocks, derivatives, and structured products on global and Thai exchanges. The broker supports trading through its proprietary DBSV Online and mTrading Thailand platforms, and offers integration with Settrade Streaming. Investors benefit from no minimum deposit requirements in Thailand and various account currencies, while higher trading volumes lead to lower fees. The company is overseen by the Securities and Exchange Commission of Thailand, ensuring regulatory compliance and safety.
However, DBS Vickers Securities does present drawbacks, such as the absence of educational content and demo accounts, and its high international trading fees with a minimum commission of $20 per trade. Limited options for European markets and the requirement of a margin deposit for trades on foreign exchanges may not appeal to all investors. The broker is better suited for traders with existing experience in markets, who prioritize diverse asset access, and those trading with significant volumes to offset fees.
DBS Vickers Securities Summary
Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. DBS Vickers Securities Ltd and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
| 💻 Trading platform: | DBSV Online Platform, DBSV mTrading Thailand (Mobile App), Settrade Streaming, Streaming FUND+, and DBSV WealthBOX |
|---|---|
| 📊 Accounts: | No |
| 💰 Account currency: | THB |
| 💵 Deposit / Withdrawal: | Cash deposit (mobile banking, internet banking, via ATMs and bank branches, phone transfers), securities deposit and withdrawal, Automatic Transfer System (ATS), bank transfers |
| 🚀 Minimum deposit: | THB1 |
| ⚖️ Leverage: | No |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | No |
| 💱 EUR/USD spread: | Exchange spread |
| 🔧 Instruments: | Stocks, Derivatives (Futures, Options), Structured Product (Equity Linked Note (ELN) и Reverse Equity Linked Note (RELN)), DRx (Fractional Depositary Receipt), Fixed Income (Bonds) |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Exchange execution |
| ⭐ Trading features: | The higher the daily trading volume, the lower the commission per trade |
| 🎁 Contests and bonuses: | Yes |
DBS Vickers Securities’ clients have access to trading stocks in the largest stock markets in the U.S., Canada, the UK, Singapore, Australia, Japan, and Hong Kong. On Thai exchanges, they can trade securities and derivatives. The latter are mostly futures on the SET50 index, currencies, gold, silver, interest rates, stocks, etc. The SET50 index can also be traded in the format of options.
DBS Vickers Securities Key Parameters Evaluation
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Trading Account Opening
DBS Vickers Securities’ user account is a portal for managing funds and viewing trading statistics. To create a user account, you have to register with the broker.
Go to the DBS Vickers Securities website and click “Login”.
Click “Open Account”.
In the opened form you need to enter your data and then answer questions about your experience of trading on stock exchanges. After that, you need to undergo verification, i.e. confirm your identity with documents.
An online account can be opened by Thai citizens and permanent residents over the age of 20. Foreign residents should visit the broker's office or contact its representative by phone for further instructions.
Regulation and safety
DBS Vickers Securities is a division of DBS Bank, the largest bank in Singapore with AA- and Aa1 credit ratings, founded in 1968. DBS Vickers Securities has been in business for over 20 years and is a registered member of the Stock Exchange of Thailand and the Thailand Futures Exchange. The company is regulated by the Securities and Exchange Commission of Thailand.
DBS Vickers Securities also has membership in the Securities Investor Protection Fund (SIPF). If the broker becomes insolvent, each of its clients can receive up to THB1 million in compensation. Investors can request compensation in money or securities.
Advantages
- The broker is part of a large Asian holding company with high credit ratings
- DBS Vickers Securities holds its capital separately from client funds and assets
- The company is a direct member of SET and TFEX, not an intermediary
Disadvantages
- Foreign residents cannot open accounts online
- DBS Vickers Securities does not accept cryptocurrencies
- Trading on foreign exchanges requires a margin deposit of up to 20% of the asset’s price
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| General Investor Account (Cash Balance Account) | 0.11% ($1.1 for a $1,000 trade) | Charged by banks |
| General Investor Account (Cash Account) | 0.15% ($1.5 for a $1,000 trade) | Charged by banks |
| Young Investor Account | $6 | Charged by banks |
Traders are also charged the regulator's commission, clearing fee, securities transfer or withdrawal fee. Securities storage is provided for free.
The table below shows the average fees for three brokers, as compiled by Traders Union experts. DBS Vickers Securities is a stockbroker, while RoboForex and PocketOption are Forex brokers.
Account types
Accounts offered by DBS Vickers Securities differ in trading conditions and investor age requirements. Thai citizens can open accounts online or at one of the broker’s offices. Foreign residents must visit an office and open an account through a consultant.
Account types:
Demo accounts are not provided.
DBS Vickers Securities is known for its professionalism and high service level. As part of a large financial conglomerate, the broker offers access to extensive resources, banking market research data, and a vast service network in various countries and regions.
Deposit and withdrawal
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Withdrawal requests can be submitted in the user account or on Streaming platforms.
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If a request is made before 16:30 (GMT+7), the money will come in before 11:30 the next day. Requests made after 16:30 are fulfilled a day later.
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Withdrawals with currency conversion take longer. If a client submits a request before 12:00, he will receive the money within 2 business days. If the request is submitted later, then within 3 business days.
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Withdrawals of securities cost THB100 per transaction.
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THB is the withdrawal currency by default. Withdrawals can also be made in SGD, HKD, USD, GBP, CAD, AUD, and JPY with payment for conversion.
Investment Options
DBS Vickers Securities provides various services and products to enable investors to earn passive income and increase their capital in the long term.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
DBSV Thailand’s offers for investors:
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Model portfolios. They are formed by the company’s experts based on client requests regarding acceptable risks. Asset baskets can also be created through Dollar-cost-averaging (DCA). Investment portfolios are managed on the DBSV WealthBOX platform.
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Mutual Funds. This is a type of collective investing where funds from multiple investors make up a common asset portfolio. To become an investor in a mutual fund, you have to buy a part of its shares. DBS Vickers Securities allows investing in 14 large funds in Thailand and other Asian countries.
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Fixed-income securities. The simplest ones are bonds. DBS Vickers Securities allows investing in bonds issued by the Government and Bank of Thailand, as well as private and government companies, with maturities from 14 days to 50 years.
DBS Vickers Securities also renders capital management services. A client can request a personalized investment portfolio that will be managed by an expert. Terms of service are individual for each investor.
Customer support
DBS Vickers Securities’ client support is available on weekdays from 08:30 to 17:30 (GMT+7).
Advantages
- Separate phone number for each problem or question
- Useful links in the Help & Support section
Disadvantages
- The company does not operates at weekends
- There is no live chat on the website
Investors can approach DBS Vickers Securities’ support service in the following ways:
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Go to “Online Form” in the website’s footer and complete the “Contact Me” form. The response will come by email or phone;
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Call the necessary phone number from the list in the Help & Support section;
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Send an email;
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Send a message in Facebook or LINE messengers;
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Visit the broker’s office in Bangkok or another city in Thailand.
The company helps not only its clients but also unregistered users.
Contacts
| Registration address |
DBS Vickers Securities (Thailand) Co., Ltd. 989 Siam Piwat Tower 9th, 14th, 15th Floor Rama 1 Road, Pathumwan Bangkok 10330, Thailand |
|---|---|
| Regulation | SEC |
| Official site | https://www.dbsvitrade.com/brokerpage/004/web/home.htm#en |
| Contacts |
66) 2857-7922, (66) 2857-7799
|
Education
For a year after opening a Young Investor Account, a client can participate in free educational seminars and training.
Stock trading glossary
Demo accounts for learning how to trade or invest in financial markets are not available.
Detailed Review of DBS Vickers Securities
DBS Vickers Securities is a large Thai broker offering a wide range of trading instruments and investment solutions. The company’s infrastructure is based on advanced technologies, regulated activities, and fair work with investors. DBS Vickers Securities aims to make trading and investing accessible for people of various ages and with various financial resources.
DBS Vickers Securities by the numbers:
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7 offices in Thailand;
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Cooperates with 14 large asset management companies;
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There are 5 trading platforms;
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The company holds 5 licenses from the SEC (Thailand);
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Investment protection of up to 1 million bahts per client.
DBS Vickers Securities is a broker that provides access to Thai and global exchanges via advanced trading platforms
DBS Vickers Securities offers 5 trading platforms. The company’s proprietary solutions include the DBSV web platform and two mobile apps: mTrading Thailand for active asset trading, and DBSV WealthBOX for investment planning. The broker also provides access to Streaming platforms that are popular among Asian investors. Settrade Streaming allows trading securities and derivatives while Streaming FUND+ enables clients to create investment plans and work with mutual funds.
The available global stock exchanges include NASDAQ, NYSE, and AMEX (U.S.), SGX (Singapore), HKEx (Hong Kong), TSX (Canada), LSE (UK), ASX (Australia), and TSE (Japan). Local markets are represented by the Stock Exchange of Thailand (SET) and Thailand Futures Exchange (TFEX). SET specializes in stocks, bonds, and investment funds, while TFEX specializes in derivatives.
DBS Vickers Securities’ useful services:
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e-Fin Stock Pickup is a stock analysis software available for desktop devices;
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BrainBOX and BrainBOX Plus are technical and fundamental analysis tools;
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MCycle is an app for analyzing stocks through unique indicators;
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Aspen is a web interface with real-time market data and news;
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A calculator for determining instrument price when trading using the Block Trade strategy.
Advantages:
A wide choice of trading platforms;
There are no fees for account opening and maintenance;
Funds can be withdrawn not only in THB, but also in foreign currencies;
Commission rates for margin funding start at 0.11%;
The company provides access to numerous tools for deep market analysis.
The broker offers individual trading conditions to large investors whose daily trading volumes exceed THB20 million.
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