patjk Posted October 22, 2019 Share Posted October 22, 2019 Where is the best service/place for Thais to start an investment account? Something like Vanguard, Schwab, Wealthfront, or Bettermint, where they can contribute each month to invest? Does such a service exist? Recommendations are appreciated, thanks. Link to comment Share on other sites More sharing options...
moontang Posted October 22, 2019 Share Posted October 22, 2019 maybank kimeng.., but I thought SBI, state bank of India looked interesting...depends on location...also the big banks have investment arms, but I like the look and feel of the true brokerages..but trading is so easy in the US, I refuse to monkey around hete, but for Thai different story, and there are some good funds to get in... Link to comment Share on other sites More sharing options...
patjk Posted October 23, 2019 Author Share Posted October 23, 2019 17 hours ago, moontang said: maybank kimeng.., but I thought SBI, state bank of India looked interesting...depends on location...also the big banks have investment arms, but I like the look and feel of the true brokerages..but trading is so easy in the US, I refuse to monkey around hete, but for Thai different story, and there are some good funds to get in... Thanks, the Maybank website looks like it's from 1999: https://www.maybank-ke.co.th/en/account-opening/ Anyone actually use this? True Brokerages: can you shoot a link? I can't find out much about it. I'm curious if something like Vanguard or Wealthfront exists here for Thai people to invest long term. It's surprising nothing obvious exists. Link to comment Share on other sites More sharing options...
moontang Posted October 23, 2019 Share Posted October 23, 2019 15 minutes ago, patjk said: Thanks, the Maybank website looks like it's from 1999: https://www.maybank-ke.co.th/en/account-opening/ Anyone actually use this? True Brokerages: can you shoot a link? I can't find out much about it. I'm curious if something like Vanguard or Wealthfront exists here for Thai people to invest long term. It's surprising nothing obvious exists. https://www.maybank-ke.co.th/th/index.html I meant brokerages, whose roots are in investing, as opposed to commercial banking. The overlay is bigger all the time. The SET is about 2 km North of Asok, on Ratchadaphisek, so the big players are going to be near it, but some have satellite offices throughout the country. It is very country specific, that's why you don't see fidelity and schwab here. Here is the SET site.. https://www.set.or.th/set/mainpage.do?language=en&country=US Link to comment Share on other sites More sharing options...
YT3k72Em Posted October 24, 2019 Share Posted October 24, 2019 They can go to their local bank and open one, then it will be linked to their bank account and available in their bank's app and website. Link to comment Share on other sites More sharing options...
moontang Posted October 24, 2019 Share Posted October 24, 2019 https://www.sbito.co.th/?lang=en The legacy Thai banks are a bit like the legacy Thai airline.. too often, customers seem to be an inconvenience. They do run some good funds and security. I wouldn't want large sums linked to my everyday banking. Up to you. Link to comment Share on other sites More sharing options...
glamont002 Posted October 24, 2019 Share Posted October 24, 2019 My Thai wife just opened an account with Charles Schwab in Hong Kong. Zero commissions on all stock trades. Just Google Charles Schwab Hong Kong to get their site. Link to comment Share on other sites More sharing options...
AgMech Cowboy Posted October 24, 2019 Share Posted October 24, 2019 UOB Kay Hian Link to comment Share on other sites More sharing options...
Rawairat Posted October 25, 2019 Share Posted October 25, 2019 Any Thai investment companies that do Index funds or ETFs? Link to comment Share on other sites More sharing options...
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