What are the actual stock trading fee rates set by each broker in 2026?

Trading fees are the “invisible costs” that quietly erode investors’ profits. Understanding how each broker charges for stock trading is just as important as choosing good stocks. This article will help you understand each broker’s commission structure and how to select the most cost-effective option.

Understanding Stock Trading Fee Structures

Opening a stock trading account is now easy. Within 24 hours, you can verify your identity, and with a capital of just ten thousand baht, you can start investing. But the “hidden fees” behind the scenes are your true enemies, quietly eating into your profits.

Each broker not only charges a percentage-based trading fee but some also impose a “minimum fee” per day. This means if you buy only a few stocks, you might pay fees equivalent to buying ten or more stocks. Knowing this is essential to choosing a broker that matches your investment size.

Fees Differ by Account Type

It’s important to understand that stock trading fees vary depending on your account type.

Cash Balance Account (full deposit before trading) usually has the lowest fee rate, around 0.10% - 0.15% of trading value, due to lower risk.

Cash Account (buy on credit and settle the next day) has higher fees, about 0.20% of trading value, since brokers bear more risk.

Another key point is whether the broker charges “no minimum fee.” Brokers without minimum fees are especially suitable for small investors.

Comparing Stock Trading Fees of Thai Brokers in 2026

Based on data collected in 2026, ten Thai brokers have the following fee structures:

*Conditions: Orders placed via internet by yourself with E-Confirmation.

Choosing a Broker That Fits Your Investment Capital

Selecting a broker shouldn’t be based solely on percentage rates. You need to consider which broker’s fee structure best matches your trading volume.

For small investors (or capital under 50,000 Baht):
Liberator is the best choice, with only 0.006% and no minimum fee. Buying stocks worth a few thousand baht won’t make you angry over high fees.

For medium-volume investors (50,000 - 500,000 Baht):
SBI Thai and Bualuang are balanced options. SBI has 0.075% in Cash Balance accounts; Bualuang has no minimum fee with E-Confirmation.

For large-volume investors (over 500,000 Baht):
All brokers are suitable since minimum fees are less of an issue. You can choose based on additional services like analysis or deposit interest.

Details of Stock Trading Fees for Each Broker

Liberator - The Lowest Commission Rate

Liberator stands out with no minimum fee and a daily rate of just 0.006%. This makes it the most economical choice. Typically, stock trading fees in Cash Balance and Cash Accounts are both 0.006%, making small trades more cost-effective.

SBI Thai Online - About Half the Standard Rate

SBI Thai Online, imported from Japan, charges 0.075% in Cash Balance accounts—about half the usual rate (0.15%). In Cash Accounts, it charges 0.10% with a 50 Baht minimum. This is attractive for frequent traders.

Bualuang - Fair for Small Capital

Bualuang, part of Bangkok Bank Group, offers no minimum fee (under conditions of E-Confirmation). Standard fees are 0.15% for Cash Balance and 0.20% for Cash Accounts, making it a good starting point for small investors.

Krungthai X Spring - Completely No Minimum Fee

A joint venture between Krungthai and XSpring Capital, this broker charges no minimum fee at all. It’s ideal for frequent small trades. Fees are 0.15% and 0.20% depending on account type.

Thanachart - Extra Special Deposit Interest

Thanachart charges standard fees of 0.15% and 0.20% with a 50 Baht minimum. Its advantage is offering a 1% annual deposit interest if you open a banking account and deposit funds into your trading account—great for savers.

Phillip - The Lowest Minimum Fee in the Market

Phillip offers the lowest minimum fee at just 30 Baht per day, suitable for small traders. Standard fees are 0.15% and 0.20%.

Other Options

Innoset X (from SCB Securities), Kasikorn Thai, UOB, and Tisco all have standard market fees of 0.15% and 0.20%, mostly with 50 Baht minimums. Choice among these depends on additional services like analysis, online trading systems, or convenience.

Origin of Stock Trading Fees and Simple Calculation

Investors cannot buy stocks directly from sellers; we don’t know who is selling or at what price. Therefore, the stock exchange acts as a regulated marketplace to ensure safety and trust.

Brokers act as intermediaries, coordinating trades and providing services. They earn mainly from trading fees.

Simple calculation example:
If you buy stocks worth 100,000 Baht with a broker charging 0.15%:

• Fee = 100,000 × 0.15% = 150 Baht
• Plus 7% VAT = 10.50 Baht
• Total ≈ 160.50 Baht

With a broker charging 0.006% (Liberator):

• Fee = 100,000 × 0.006% = 6 Baht
• VAT = 0.42 Baht
• Total ≈ 6.42 Baht

The difference is about 154 Baht per trade. If you trade weekly, that adds up to nearly ten thousand Baht annually.

CFD Stock Trading Fees with Foreign Brokers

Besides traditional stock trading, investors can trade CFDs (Contracts for Difference), which allow speculation on stock price movements without owning the actual stocks.

Advantages of CFDs regarding fees:

• Most have no trading commission
• Instead, they charge a “spread” (bid-ask difference), which acts as the fee
• Spreads are often lower than percentage-based fees, especially for large trades

Comparison of international CFD brokers:

Caution: CFDs are high-risk. High leverage can amplify both gains and losses. Beginners should choose well-regulated brokers.

Summary: Pick Trading Fees That Suit You

Each broker’s fee structure impacts your long-term investment success. Saving even 0.1% per trade can save thousands of Baht annually.

Final tips:

• Small capital and small trades: choose Liberator or Bualuang
• Moderate volume: choose SBI Thai or Bualuang
• Large, frequent trades: consider additional services like analysis or deposit interest
• Trading CFDs: ensure the broker is well-regulated and spreads are competitive

Remember, trading fees are just part of your total investment costs. Service quality and trading platform reliability are also crucial.