TISCO Securities Company Limited

TISCO Securities Company Limited

Offshore Regulated - Moderate Risk
4.8
Trust Score

Pros

  • Long-established financial institution with over 45 years of experience in Thailand's financial markets
  • Proprietary TISCO eTrade platform designed specifically for retail investors
  • Comprehensive range of investment products including stocks, bonds, and forex
  • Strong presence in Thai market with established brand reputation
  • Dedicated customer support team available during Asian market hours
  • Integrated banking and securities services through TISCO Bank affiliation
  • Competitive commission rates for Thai market trading

Cons

  • Limited international regulation raises investor protection concerns
  • No major global regulatory licenses from tier-1 authorities like FCA or ASIC
  • Trading platform functionality may be limited compared to global standards
  • Customer support primarily focused on Thai language service
  • Restricted acceptance of international clients from certain jurisdictions
  • Limited educational resources compared to global brokers

Basic Information

Company
TISCO Securities Company Limited
Region
Thailand
Established
1975
Email
support@tisco.co.th
Phone
+66 2633 6000
Website
www.tisco.co.th

User Reviews

Somchai Pattanapong
★★★★☆
I've been trading with TISCO Securities for the past 2 years, primarily focusing on Thai stocks and SET50 futures. Their eTrade platform is reliable and user-friendly, especially for Thai speakers. The integration with TISCO Bank makes fund transfers seamless. Customer service is professional and responsive during market hours. While their international market access could be better, they excel in Thai market coverage. I particularly appreciate their research reports which have helped inform my trading decisions. The only drawback is the limited platform features compared to international brokers.
James Wilson
★★★☆☆
As an expat trader in Thailand, I've been using TISCO Securities for 6 months. The account opening process was straightforward, though all documentation needed Thai translation. The platform is basic but functional for Thai market trading. Support staff try their best with English communication, but there can be language barriers. Withdrawals are processed reliably but take 2-3 days. The main limitations are the restricted international market access and basic charting tools. Suitable for Thai market trading but not ideal for global market access.
Apinya Suksawat
★★★★★
Having traded with TISCO Securities for over 3 years, I'm very satisfied with their services. Their research team provides excellent analysis of Thai stocks, and the local market expertise is evident. I've grown my portfolio by 28% using their advisory services. The integration with TISCO Bank makes money management efficient, and their mobile app works well for monitoring positions. Their seminars and training sessions in Thai are particularly helpful. While they might not compete with international brokers on platform features, they excel in understanding local market dynamics.

Regulation Analysis

TISCO Securities operates primarily under Thai financial regulations but lacks major international regulatory oversight. The company functions within Thailand’s regulatory framework, supervised by local financial authorities, but does not hold licenses from major global regulators such as the FCA, ASIC, or CySEC. This regulatory status means that international clients may not benefit from the same level of investor protection measures commonly found with globally regulated brokers. The broker does not participate in international investor compensation schemes, and client fund segregation practices may differ from international standards. While TISCO maintains compliance with local Thai securities regulations, the lack of tier-1 international regulation means clients don’t have access to protections like negative balance protection or standardized complaint procedures common in more regulated jurisdictions. The company’s regulatory framework primarily focuses on domestic Thai market operations, which may limit certain services and protections available to international clients.

Trading Products

  • Forex Trading: Access to major currency pairs with focus on Thai Baht crosses, though offering limited compared to global forex brokers
  • Stocks: Comprehensive coverage of Thai stock market (SET) with access to domestic equities and some international markets
  • Bonds: Thai government and corporate bonds, plus selected international fixed income products
  • Mutual Funds: Wide range of local and international mutual funds
  • Derivatives: SET50 Index Futures and Options, plus selected commodity derivatives
  • International Securities: Limited access to international markets through partnerships

Trading Platforms

TISCO Securities provides its proprietary TISCO eTrade platform as the primary trading solution for clients. The platform offers essential trading functionality including real-time pricing, basic charting tools, and order management capabilities. The web-based interface is designed for accessibility and ease of use, particularly for Thai retail investors. Mobile trading is supported through the TISCO Mobile Trading application, allowing clients to monitor markets and execute trades on both iOS and Android devices. While the platform provides necessary trading functions, it may lack some of the advanced features found in international trading platforms like MetaTrader 4 or 5. The system supports Thai language interface and is optimized for local market trading hours and conditions.

Deposit and Withdrawal

TISCO Securities accepts deposits through several channels tailored to the Thai market. Bank transfers through Thai domestic banks are the primary deposit method, with instant processing for TISCO Bank account holders. Other local bank transfers typically process within 1-2 business days. The broker accepts Thai Baht as the primary currency, with some support for major international currencies through specific account types. Minimum deposit requirements vary by account type and service level. Withdrawals follow similar channels, primarily through bank transfers to verified accounts. Processing times for withdrawals typically range from 1-3 business days. The broker requires standard KYC documentation including Thai national ID or passport, proof of address, and bank account verification before processing transactions.

Customer Support

Customer support at TISCO Securities is primarily focused on serving Thai clients during local market hours. Support channels include phone support, email, and in-person assistance at TISCO branches throughout Thailand. The service team is proficient in Thai and English, though Thai language service is more comprehensive. Support hours align with Thai market trading hours, typically 8:30 AM to 5:30 PM Bangkok time. Response times vary by channel, with phone support providing immediate assistance and email responses typically within 24 hours. The broker maintains a network of local offices for face-to-face support, particularly beneficial for account opening and documentation processes. Technical support for the TISCO eTrade platform is available during trading hours.

FAQ

Q: Is TISCO Securities regulated and safe for trading?
A: TISCO Securities operates under Thai financial regulations and has been established since 1975, making it one of Thailand’s longest-operating securities firms. While it lacks major international regulatory licenses, it maintains compliance with local Thai financial authorities and has a strong reputation in the domestic market. The broker’s long operational history and affiliation with TISCO Bank provide additional stability factors.

Q: What trading platforms does TISCO Securities offer?
A: TISCO Securities provides its proprietary TISCO eTrade platform, which is a web-based trading solution designed specifically for Thai retail investors. The platform includes essential trading functions, real-time pricing, basic charting tools, and is complemented by a mobile trading app for iOS and Android devices. While functional for basic trading needs, it may not offer all the advanced features found in international platforms.

Q: What are the deposit and withdrawal options?
A: The primary deposit and withdrawal methods are through Thai bank transfers, with instant processing available for TISCO Bank account holders. Other local bank transfers typically process within 1-2 business days. The broker primarily operates in Thai Baht, though some international currency accounts may be available for specific client types. All transactions require proper account verification and KYC documentation.

Q: What markets can I trade through TISCO Securities?
A: TISCO Securities provides comprehensive access to the Thai stock market (SET), local bonds, mutual funds, and selected derivatives products. While some international market access is available, the primary focus is on Thai market instruments. Forex trading is available but may be limited compared to international brokers.