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Webull Creates History by Becoming The First American Retail Broker in Thailand

Webull is The First American Retail Broker in Thailand

Webull, a well-known trading platform in the United States, has formally started its services in Thailand, indicating a rising interest in the Asian market. As the first U.S. retail broker to join the Thai market, this is a major milestone for Webull and the Thai financial landscape.

The launch was approved by the Thai Securities and Exchange Commission (SEC) on April 4, 2024. Through the well-known Webull app, Thai investors can trade U.S.-listed assets such as stocks, ETFs, and options directly through Webull Thailand. This offers a more convenient platform for Thai investors to access various investment options.

Chonladet Khemarattana, Chief Executive of Webull Thailand, said, “We are excited to introduce Webull to Thailand, marking our expansion into the fifth market in the Asia-Pacific region.” This expansion demonstrates Webull’s dedication to providing investors with the resources they need to successfully navigate international markets and the platform’s rising popularity throughout Asia.

What does Webull have in store for Thai investors? Webull is renowned for its professional-grade trading tools and easy-to-use layout.

Expect Thai investors to have access to

  • Sophisticated charting tools: Examine market patterns and arrive at wise choices.
  • Real-time quotes: Keep abreast of the most recent changes in the market.
  • Stock screener: Determine possible investments by using predetermined standards. 
  • Resources for education: To assist investors of all experience levels in learning about the markets.

This emphasis on education and user experience is consistent with Webull’s declared objective of reducing entry barriers for investors. Webull Thailand intends to increase the range of products it offers. It has stated that more services and products will be added in the upcoming months, with the first concentration on securities listed in the United States. In the future, this may also involve access to Thai stocks and other financial goods.

Introducing Weibull into Thailand is a good step forward for the Thai financial sector. It will present Thai investors with a fresh range of investment options and instruments and indicate the increasing interest of global companies. Webull aims to empower Thai investors and foster the expansion of the country’s financial industry with its easy-to-use platform and emphasis on education.

Commissions are 50% off till June 28

Webull has announced that as part of its launch promotions, from May 10, 2024, to June 28, 2024, it will provide a 50 percent reduction on its commission rate, dropping from 0.10% to 0.05% for 180 days after the account opening date.

Additionally, the new investor will receive a free trial of Nasdaq LV2 Real-time Quote, 50 Bids, and Offers for up to 120 days. Furthermore, upon making a minimum investment of THB 20,000 and maintaining it for 30 days, the new investor will receive a USD 5.5 trading coupon.