Survey of stock broker fees for the year 2025: Which provider offers the highest profit?

Choosing the right broker is a crucial step that impacts an investor’s final profit. Just like selecting a good office location for a business, broker fees are not a minor factor because even a one-percent difference can significantly eat into profits. When investing with the same amount of money, a broker with lower fees helps investors retain more gains. Conversely, excessively high fees greatly reduce profit opportunities.

Current Stock Broker Market Conditions

Nowadays, opening a stock trading account is easier than before. It can be done online, and identity verification is completed quickly. With just tens of thousands of baht, you can own quality stocks.

However, fees are an unavoidable variable. Some brokers have policies that charge a minimum fee per day, meaning even small trades require paying a relatively high fee. This is why studying each broker’s fee structure in 2025 is essential for investors.

Comparison Table of Stock Broker Fees in 2025

*No minimum fee when using E-Statement

Details of Major Broker Fees

Bualuang: Flexibility for Small Investors

Bualuang Securities, linked with Bangkok Bank, is a central stock trading platform. One key advantage is that it does not charge a minimum daily fee, which is very important for investors with small investment amounts.

For online trading, the Cash Balance account has a fee of 0.15%, and the Cash Account has a fee of 0.20% of the daily trading value. This means that buying just ten units of stock still incurs the standard fee without a minimum charge.

Innovest X ( Siam Commercial Securities ): Use E-Statement to Reduce Costs

Part of SCBX Group, this broker charges 0.15% for Cash Balance accounts and 0.20% for Cash Accounts, generally with a minimum fee of 50 Baht.

However, if investors request trade confirmation via E-Statement, the minimum fee is waived. This is an effective way for clients to reduce costs.

SBI Thai Online: Attractive Fees for Long-term Investors

SBI Thai Online brings Japanese experience and offers competitive fee rates.

For Cash Balance accounts, the fee rate is only 0.075% with no minimum, while Cash Accounts have a fee of 0.10% with a minimum of 50 Baht. These rates are significantly lower than the market average.

Kasikorn Thai Public (: Full Service but Higher Fees

Kasikorn Securities offers stock trading with a fee of 0.15% for Cash Balance and 0.20% for Cash Accounts, with a minimum of 50 Baht.

Note that if investors trade less than 25,000 Baht, the fee is capped at 50 Baht, which effectively increases the true fee rate. However, this broker provides detailed analysis services, which may justify the higher fees.

) Liberator: Tiered Fee Structure

Krungsri Securities uses a tiered fee system where the more you earn, the lower your fee:

• Up to 5 million Baht: 0.15%
• 5-10 million Baht: 0.13%
• 10-20 million Baht: 0.11%
• Over 20 million Baht: 0.11%

Additionally, there is a 50 Baht transaction fee per trade. This system benefits investors with regular trading volumes.

TISCO ###: For TISCO Clients

TISCO Securities, part of TISCO Financial Group, charges 0.15% for Cash Balance and 0.20% for Cash Accounts, with a minimum of 50 Baht. The fee rates are standard.

A benefit for existing clients is the possibility of special privilege programs.

Thanachart ###: Community for Depositors

Thanachart Securities, affiliated with Thanachart Bank, charges 0.15% for Cash Balance and 0.20% for Cash Accounts, with a minimum of 50 Baht.

A notable advantage is that if investors open both a deposit account and a Cash Balance trading account with transfers, they can earn a special deposit interest rate of 1%, providing additional incentive.

Krungthai XSpring: No Minimum Fee

A joint venture between XSpring Capital and Krungthai Bank, this broker charges 0.15% for Cash Balance and 0.20% for Cash Accounts, with no minimum fee.

This is very advantageous for small investors wanting to invest small amounts.

UOB Kay Hian: International Option

UOB charges 0.15% for Cash Balance and 0.20% for Cash Accounts, with a minimum of 50 Baht. It is a standard market option.

Phillip Capital: Lowest Minimum Fee

Phillip Capital has a minimum fee of only 30 Baht per day, the lowest in the market. The fee rates are standard: 0.15% for Cash Balance and 0.20% for Cash Accounts. Its quick account opening process makes it a compelling choice.

Understanding Broker Fees

Origin of Fees

Investors cannot buy stocks directly; they must go through intermediaries called brokers, who handle order collection and trade execution.

Regulatory agencies like the Stock Exchange of Thailand require trades to be conducted through official channels to reduce risks. Therefore, registered brokers are charged fees for their services.

How Do Fee Rates Differ?

Cash Balance accounts require full transfer of funds before stock purchase. Brokers charge a minimum fee, generally starting at 0.15%.

Cash Account allows same-day trading with settlement the next day, similar to credit, with higher fees around 0.20% or more.

What Does the Minimum Fee Mean?

The minimum fee is the lowest amount an investor must pay, regardless of the percentage-based fee calculation.

For example: If the minimum fee is 50 Baht but the trade fee based on percentage is only 20 Baht, the investor pays 50 Baht instead.

This is why small investors should choose brokers with no minimum fee or a very low minimum fee.

Summary: Choose a Broker That Fits Your Investment Style

Selecting a stock broker with low fees involves considering multiple factors, not just the percentage rates.

For small investors: Choose brokers with no minimum fee or low minimums, such as Bualuang, Krungthai XSpring, or Phillip Capital.

For large-volume investors: Consider Liberator’s tiered fee system, which reduces fees as trading volume increases.

For the lowest fees: SBI Thai Online offers a rate of 0.075% for Cash Balance accounts, leading to higher long-term profits.