TFEX Account Type

TFEX offers three types of trading accounts for its members:

• Full License Member
• Trading Scope: Can trade all products listed on TFEX for their own accounts and clients.
• Requirements: Must obtain a derivatives agent license from the Securities and Exchange Commission (SEC).
• Capital Requirements: Minimum paid-up capital and net liquid capital as prescribed by the SEC.
• Limited License Member
• Trading Scope: Can trade derivatives contracts for their own accounts and clients, limited to the underlying assets specified in their SEC-issued license.
• Requirements: Must have a derivatives trading business license and meet capital requirements similar to full license members.
• Trading Member
• Trading Scope: Can trade derivatives contracts for their proprietary account only.
• Role: Must provide liquidity as a market maker with expertise in futures trading or underlying business.
• Capital Requirements: Minimum registered capital and shareholders' equity of at least THB 25 million.

TFEX Broker Account Opening Process

To open a TFEX trading account, follow these steps:

• Prepare Required Documents:
• A copy of your ID card.
• A copy of house registration.
• A copy of financial statements.
• A copy of your bank passbook showing your account number for ATS.
• A stamp duty.
• Submit Application:
• Complete the application form and submit it along with the required documents to the TFEX.
• Membership Approval:
• TFEX will review your application and documents. If approved, you will receive notification of your membership commencement date.
• Account Setup:
• Once membership is granted, you can set up your trading account within the TFEX system.
• Funding Your Account:
• Deposit the required minimum capital based on your account type to begin trading.

For more details on the account types and opening process, you can visit the official TFEX website.