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Ahmed Harb
Within 1 year

Does TISCO Securities have any cons?

Broker Issues
TISCO Securities
Regulation
01-03
United States
WikiFX
Reply

One significant drawback of TISCO Securities is the lack of regulation, which raises concerns for traders looking for the same level of investor protection available through major financial regulators. This lack of oversight can be particularly concerning for international traders who may not have the same legal protections as those in Thailand. Additionally, TISCO Securities’ minimum deposit of 10,000 THB can be prohibitive for beginner traders or those with smaller capital. The absence of a demo account and Islamic (swap-free) accounts further limits its accessibility. Another con is the restricted range of trading platforms. While the TISCO eTrade platform is a good option for retail investors, it lacks support for widely-used platforms like MT4 or MT5, which might be a deal-breaker for those who rely on these for technical analysis and advanced charting.

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