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
- 5000 THB
- Settrade Streaming
- UTRADE Plus
- UTRADE TH mobile apps
- MAS
- FINRA
Our Evaluation of UOB Kayhian 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
UOB Kayhian Securities is a moderate-risk broker with the TU Overall Score of 6.14 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by UOB Kayhian 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.
UOB Kayhian Securities provides a range of professionally licensed services, including brokerage services, investment consulting, and stock market trading. It also offers various platforms and useful tools for investors.
Brief Look at UOB Kayhian Securities
UOB Kayhian Securities is a brokerage company that provides investment and trading services on financial markets. It is a part of United Overseas Bank (UOB), a large financial conglomerate located in Singapore. UOB Kayhian Securities provides its services to private investors and institutional clients and is one of the largest brokers in the financial markets of Southeast Asia. Available exchanges are the Stock Exchange of Thailand (SET), Thailand Futures Exchange (TFEX), NYSE, Nasdaq, AMEX, ARCA, and Hong Kong Stock Exchange (HKEX). U.S. and Hong Kong citizens can’t trade on exchanges of their countries through UOB Kayhian Securities.
We've identified your country as
US
We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website.
Explore the 5 top-rated companies in
US :
- Supervision by MAS (Monetary Authority of Singapore) and FINRA (Financial Industry Supervisory Authority | the U.S.);
- Long presence on the Asian stock market and the official membership in the Stock Exchange of Thailand;
- Access to SET and TFEX;
- Trading on the largest U.S. stocks and HKEX;
- Online trading on stock exchanges through advanced third-party and in-house platforms;
- The low initial investment of THB 5,000 for Thai investors;
- Brokerage trading fees decrease upon the growth of daily trading volume.
- To access the international securities market, a minimum investment of THB 50,000 is required;
- The broker charges deposit and withdrawal fees;
- No demo mode of available platforms.
TU Expert Advice
Financial expert and analyst at Traders Union
UOB Kayhian Securities offers various investment services, including trading and investing in stocks, bonds, stock indices, futures, and options in various financial markets. The company also provides research reports, market analytics, and investment advice.
Clients can execute trades on the UTRADE Plus proprietary platform and the Settrade Streaming platform developed by Settrade, one of Thailand's leading providers of financial data and services. Both platforms provide analytical data and tools that allow traders and investors to react to market changes and manage their portfolios promptly.
UOB Kayhian Securities provides for investing in traditional instruments, such as securities and derivatives, and in more rare products on the Asian market. These include Fractional Depository Receipts (DRx) useful for investors who want to invest in stocks of foreign companies, but can’t or don’t want to buy the whole stock. By purchasing DRx, traders can buy only a share that allows them to diversify their investment portfolios and reduce risks.
UOB Kayhian Securities Trading Conditions
Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. UOB Kayhian 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: | UTRADE Plus, Settrade Streaming, and UTRADE TH mobile apps |
---|---|
📊 Accounts: | Cash (ATS), Cash Balance, and Credit Balance (Margin) |
💰 Account currency: | THB, HKD, and USD |
💵 Deposit / Withdrawal: | Bank transfers, online banking, Automatic Transfer Service (ATS), bank cards, ATMs (deposits), and deposits through cash desks of partner banks |
🚀 Minimum deposit: |
THB 5,000 to trade on exchanges of Thailand; THB 50,000 to trade on U.S. and Hong Kong exchanges |
⚖️ Leverage: | 1:1 |
💼 PAMM-accounts: | No |
📈️ Min Order: | 1 stock for the U.S. market and 10-100,000 stocks for the Hong Kong market |
💱 EUR/USD spread: | 0,3-0,6 pips |
🔧 Instruments: | Stocks, ETFs, DRx, mutual funds, futures, stock options, and fixed-income instruments |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | Major Asian banks |
📱 Mobile trading: | Yes |
➕ Affiliate program: | No |
📋 Order execution: | Exchange |
⭐ Trading features: |
4-level fee model subject to the daily trading volume; Trading DRx; Access to U.S. exchanges. |
🎁 Contests and bonuses: | No |
UOB Kayhian Securities offers access to trading securities on SET and derivatives on TFEX. Among available derivatives are options on the SET50 Index and futures on certain stocks, currencies, interest rates, and commodities. The broker also offers access to U.S. and Hong Kong exchanges. The broker’s clients can work with three types of pending orders: stop orders, trailing stop orders, and bracket orders.
UOB Kayhian Securities Key Parameters Evaluation
Share your experience
- Best
- Last
- Oldest
Trading Account Opening
To access the user account on the UOB Kayhian Securities website, enter your login, password, and PIN. To get this information, create the user account following the below instructions:
Choose the Thai division on the company’s official website and click the “Open An Account” button.
In the account opening form, provide your personal information, create a reliable password, and upload documents required by the broker. Upon verification of the provided data, the login is sent to your email, and the code to enter your user account for the first time is sent to your phone number. Upon logging in, set a 6-digit PIN and activate 2FA to protect your personal data and funds.
Regulation and safety
UOB Kayhian Securities has a safety score of 8.5/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- No negative balance protection
- Track record of less than 8 years
UOB Kayhian Securities Regulators and Investor Protection
Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
---|---|---|---|---|
|
Monetary Authority of Singapore | Singapore | No specific fund | Tier-1 |
|
Financial Industry Regulatory Authority | United States | No specific fund | Tier-1 |
UOB Kayhian Securities Security Factors
Foundation date | - |
Negative balance protection | No |
Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker UOB Kayhian Securities have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
- No ECN/Raw Spread account
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of UOB Kayhian Securities with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, UOB Kayhian Securities’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
UOB Kayhian Securities Standard spreads
UOB Kayhian Securities | Pepperstone | OANDA | |
EUR/USD min, pips | 0,3 | 0,5 | 0,1 |
EUR/USD max, pips | 0,6 | 1,5 | 0,5 |
GPB/USD min, pips | 0,5 | 0,4 | 0,1 |
GPB/USD max, pips | 0,9 | 1,4 | 0,5 |
Does UOB Kayhian Securities support RAW/ECN accounts?
As we discovered, UOB Kayhian Securities does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with UOB Kayhian Securities. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
UOB Kayhian Securities Non-Trading Fees
UOB Kayhian Securities | Pepperstone | OANDA | |
Deposit fee, % | 0 | 0 | 0 |
Withdrawal fee, % | 0 | 0 | 0 |
Withdrawal fee, USD | 50 | 0 | 0-15 |
Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
Individuals can’t open joint or corporate accounts with UOB Kayhian Securities. U.S. and Hong Kong securities markets aren’t available for residents of these countries. Only the Cash Balance account is available for trading on international exchanges outside Thailand.
Account types:
The Cash Balance account is used to buy securities and to hold funds from their sale. Also, it provides for conducting different financial transactions like transfers to other accounts or withdrawals to client bank accounts.
Account types offered by UOB Kayhian Securities provide investors with flexibility and control over their cash funds on the exchange. Also, they allow traders to promptly react to market changes executing trades when it is necessary.
Deposit and withdrawal
UOB Kayhian Securities received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
UOB Kayhian Securities offers limited payment options and accessibility, which may impact its competitiveness.
- No withdrawal fee
- Bank card deposits and withdrawals
- Minimum deposit below industry average
- Bank wire transfers available
- BTC payments not accepted
- BTC not available as a base account currency
- PayPal not supported
What are UOB Kayhian Securities deposit and withdrawal options?
UOB Kayhian Securities offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire. This limitation may restrict flexibility for users, making UOB Kayhian Securities less competitive for those seeking diverse payment options.
UOB Kayhian Securities Deposit and Withdrawal Methods vs Competitors
UOB Kayhian Securities | Plus500 | Pepperstone | |
Bank Wire | Yes | Yes | Yes |
Bank card | Yes | Yes | Yes |
PayPal | No | Yes | Yes |
Wise | No | No | No |
BTC | No | No | No |
What are UOB Kayhian Securities base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. UOB Kayhian Securities supports the following base account currencies:
What are UOB Kayhian Securities's minimum deposit and withdrawal amounts?
The minimum deposit on UOB Kayhian Securities is $150, while the minimum withdrawal amount is $300. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact UOB Kayhian Securities’s support team.
Markets and tradable assets
UOB Kayhian Securities offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 100 Forex pairs.
- ETFs investing
- 100 supported currency pairs
- Indices trading
- Limited asset selection
- Copy trading not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by UOB Kayhian Securities with its competitors, making it easier for you to find the perfect fit.
UOB Kayhian | Plus500 | Pepperstone | |
Currency pairs | 100 | 60 | 90 |
Total tradable assets | 2800 | 1200 | |
Stocks | Yes | Yes | Yes |
Commodity futures | Yes | Yes | Yes |
Crypto | No | Yes | Yes |
Stock indices | Yes | Yes | Yes |
Options | Yes | Yes | No |
Investment options
We also explored the trading assets and products UOB Kayhian Securities offers for beginner traders and investors who prefer not to engage in active trading.
UOB Kayhian | Plus500 | Pepperstone | |
Bonds | Yes | No | No |
ETFs | Yes | Yes | Yes |
Copy trading | No | No | Yes |
PAMM investing | No | No | Yes |
Managed accounts | No | No | No |
Customer support
UOB Kayhian Securities’ technical support isn’t available on Saturday, Sunday, and national holidays in Thailand. On other days, it is available from 8:30 to 17:30 (GMT+7).
Advantages
- Feedback form on the broker’s website
- Support is available by phone, email, and messengers
Disadvantages
- No live chat on the broker’s official website
- Technical support isn’t available 24/7
The following communication channels are available:
-
Telephone numbers are provided on the broker’s website;
-
Email;
-
Feedback form in the Contact section;
-
Facebook;
-
LINE;
-
UOB Kayhian Securities’ offices.
The largest broker offices are in Bangkok, but over 35 branches operate outside the capital.
Contacts
Registration address | UOB Kayhian Securities (Thailand) Public Company Limited, 130-132 Sindhorn Tower I at 2nd and 3rd floor Wireless Road, Lumpini, Pathumwan, Bangkok 10330 |
---|---|
Regulation | MAS, FINRA |
Official site | https://www.utrade.co.th/ |
Contacts |
+66 2659 8000
|
Education
UOB Kayhian Securities offers basic information to novice investors and securities traders they can use to build their own strategy. Information is available in text and video format.
Occasionally, UOB Kayhian Securities holds educational seminars in its Bangkok headquarters. Webinars are currently not available.
Comparison of UOB Kayhian Securities with other Brokers
UOB Kayhian Securities | Eightcap | XM Group | RoboForex | Exness | TeleTrade | |
Trading platform |
Settrade Streaming, UTRADE TH mobile apps, UTRADE Plus | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MT5 |
Min deposit | $5000 | $100 | $5 | $10 | $10 | $10 |
Leverage |
From 1:1 to 1:1 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
Trust management | No | No | No | No | No | No |
Accrual of % on the balance | No | No | No | 10.00% | No | 1.00% |
Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points | From 0.2 points |
Level of margin call / stop out |
No | 80% / 50% | 100% / 50% | 60% / 40% | 60% / No | 70% / 20% |
Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | No | No | Yes | Yes | Yes |
Detailed Review of UOB Kayhian Securities
UOB Kayhian Securities is a large Asian financial company that offers a wide range of investment and financial consulting services. It is popular among traders and investors of South-Eastern Asia due to its reliability, functionality, and usability of proprietary trading platforms. The company’s client base includes retail, institutional, and corporate investors within and outside the region.
UOB Kayhian Securities by the numbers:
-
19+ years as a member of the Stock Exchange of Thailand;
-
Annual income is THB 380 million;
-
56 offices throughout Thailand.
UOB Kayhian Securities is a broker for transparent and fair online investment
UOB Kayhian Securities provides its UTRADE Plus online platform in South-Eastern Asia, including Thailand, Singapore, and Malaysia. It’s designed for traders and investors who want to trade stocks, futures, options, and other financial instruments online. UTRADE Plus provides access to real-time quotes, charts, news, and market analytics, and also allows the broker’s clients to trade directly through the internet interface. Different tools for technical and fundamental analyses, portfolio management, working with price charts, etc., are built into the platform.
Another available trading platform is Settrade Streaming. This platform is intended for traders and investors interested in trading on Thailand's financial markets. It provides access to real-time quotes, charts, news, and other financial information.
Useful services offered by UOB Kayhian Securities:
-
Calendars for U.S., Hong Kong, and Thailand national holidays;
-
Aspen web platform to conduct technical analysis and to receive news from 20+ information agencies and market data from 40+ providers;
-
Stock screeners to monitor market conditions and explore potential investment opportunities;
-
Latest market news, financial indicators, and reports on profits and losses of major global companies;
-
Orders that allow traders to execute trades under certain conditions automatically;
-
efin Mobile app to monitor market data on stocks and to build charts according to 50 indicators.
Advantages:
Various communication channels to contact technical support;
Listing on exchanges of Thailand (SET:UOBKH) and Singapore (SGX: UOKH);
Wide range of services and offers for Asian investors;
Free researches, analytics, and market data.
UOB Kayhian Securities is one of the main players in Thailand's financial market. Its trading platforms are popular among local traders and investors.
Articles that may help you
Check out our reviews of other companies as well
User Satisfaction i