Webull Marks a First for U.S. Retail Brokers in Thailand

Webull, a prominent name in the financial services sector, has made significant strides with its recent expansion into the Thai market. Authorized by the Thai Securities and Exchange Commission, Webull has become the first U.S. retail broker to venture into Thailand, offering local investors access to a wide array of investment opportunities through its retail brokerage services.

Operating under the entity Webull Securities (Thailand) Company Limited, a subsidiary of Webull Corporation, the company is poised to cater to the needs of Thai retail investors by providing them with access to a sophisticated trading platform. This platform enables users to engage in trading activities involving U.S.-listed equities, exchange-traded funds (ETFs), and options, all through the convenience of the Webull mobile app.

One of the key highlights of Webull's offerings in Thailand is the provision of professional trading tools and robust risk management features. These tools include advanced charting capabilities, real-time quotes, and Webull's proprietary stock screener, empowering investors to make informed trading decisions and manage their investment portfolios effectively.

Webull Corporation, the parent company behind the Webull trading platform, boasts a global presence, with operations spanning across various countries including the United States, Hong Kong, Singapore, the United Kingdom, Australia, South Africa, Japan, Mexico, Canada, Brazil, Indonesia, and now Thailand. This expansion into the Thai market signifies Webull's commitment to serving the needs of investors worldwide and tapping into new growth opportunities in emerging markets.

Chonladet Khemarattana, Chief Executive of Webull Thailand, expressed enthusiasm about the company's entry into the Thai market and its potential impact on local investors. Khemarattana emphasized Webull's mission to democratize access to financial markets and empower investors with the tools and resources needed to navigate global markets effectively. With Thailand's investor community estimated at approximately 2.6 million unique investors, Webull sees significant potential to make a meaningful impact and cater to the diverse needs of Thai investors.

Webull Thailand obtained its securities and derivatives brokerage license from the Thai Securities and Exchange Commission, paving the way for its official launch and operation in the country. With regulatory approval secured, Webull Thailand is well-positioned to uphold the highest standards of compliance and integrity while providing investors with a seamless and secure trading experience.

Looking ahead, Webull Thailand has ambitious plans to continue innovating and enhancing its offerings to meet the evolving needs of investors in Thailand. While the initial focus may be on U.S.-listed securities, Webull remains committed to exploring new products and features that align with the preferences and demands of Thai investors.

As part of its launch strategy, Webull is offering promotional incentives to attract new investors during the initial phase of its operations in Thailand. These incentives include a 50 percent commission rate discount for the first 180 days after account opening, as well as access to Nasdaq LV2 Real-time Quote, 50 Bids and Offers, and a USD 5.5 trading voucher for new investors who meet certain deposit requirements.

In conclusion, Webull's entry into the Thai market represents a significant milestone in the company's global expansion strategy. By offering a comprehensive suite of trading tools and investment opportunities, Webull aims to empower Thai investors and contribute to the growth and development of the local financial ecosystem. With its commitment to innovation, integrity, and customer satisfaction, Webull is well-positioned to become a trusted partner for investors in Thailand and beyond.