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For more information about ASIA PLUS Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Offers access to a variety of financial instruments, including forex, CFDs, commodities, and indices.
High marks for customer support and execution speed, indicating a responsive and efficient trading environment.
Established since 2004, providing a level of experience in the market.

Cons

Lacks proper regulation, which raises concerns about the safety and security of client funds.
Does not support popular trading platforms like MetaTrader 4 or MetaTrader 5, limiting trading options for users familiar with those systems.
No insurance for clients, which can be a significant drawback for traders seeking added security for their investments.

ASIA PLUS Company

Asia Plus Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Asia Plus Group Holdings Public Company Limited, commonly known as Asia Plus Company, was established in 1994. The company has grown to become a prominent player in Thailand's financial services sector, focusing on investment banking, brokerage services, and asset management.

Parent Company/Ownership Structure

Asia Plus operates as a holding company, with several wholly-owned subsidiaries including Asia Plus Securities Co., Ltd., Asset Plus Fund Management Co., Ltd., and Asia Plus Advisory Co., Ltd. The company's shares are publicly traded on the Stock Exchange of Thailand under the ticker symbol "ASP."

Headquarters Location

The headquarters of Asia Plus Company is located at Sathorn City Tower, 175 South Sathorn Road, Bangkok, Thailand.

Global Business Scope

While Asia Plus primarily serves the Thai market, its services cater to both local and foreign investors, providing a range of financial products and services that align with international standards.

Main Regulatory Bodies

Asia Plus is regulated by several key authorities, including the Securities and Exchange Commission (SEC) of Thailand and the Stock Exchange of Thailand (SET). These regulatory bodies ensure compliance with financial regulations, protecting investors and maintaining market integrity.

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2. Company History and Development

Key Milestones

Since its inception, Asia Plus has achieved significant milestones, including the launch of its brokerage services in 1999 and the establishment of its asset management division in 2007. The company has consistently expanded its service offerings to meet the evolving needs of its clients.

Business Expansion Journey

Asia Plus has pursued a strategy of organic growth and strategic partnerships. Over the years, it has expanded its footprint in investment banking and asset management, enhancing its capabilities through acquisitions and collaborations with international firms.

Customer Base Growth

The company has steadily increased its customer base, attracting both individual and institutional investors. This growth can be attributed to its commitment to delivering high-quality financial services and products tailored to customer needs.

Platform Development History

Asia Plus has invested significantly in technology to enhance its trading platforms. The company has developed user-friendly online trading systems that provide clients with real-time access to market information and trading capabilities.

Important Awards or Recognitions Received

Asia Plus has received numerous accolades for its excellence in service delivery, including awards for best brokerage services and recognition for its innovative financial products.

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3. Trading Services Offered

Forex Trading Options

Asia Plus offers a diverse range of forex trading options, providing access to over 50 currency pairs. This extensive selection allows traders to capitalize on global currency fluctuations.

Stock Trading Options

The company provides comprehensive stock trading services, allowing clients to trade shares of publicly listed companies on the Stock Exchange of Thailand. Asia Plus offers research and analysis tools to assist investors in making informed decisions.

CFD Trading Products

Asia Plus also offers Contracts for Difference (CFDs), enabling clients to speculate on price movements without owning the underlying asset. This includes a variety of assets such as equities, indices, and commodities.

Other Financial Instruments

In addition to forex and stock trading, Asia Plus provides access to other financial instruments, including cryptocurrencies and commodities. This diversification allows clients to explore various investment opportunities.

Special Services or Unique Advantages

Asia Plus differentiates itself through its personalized customer service and robust research capabilities. The company provides clients with tailored investment strategies and access to expert financial advisors, enhancing the overall trading experience.

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Detailed Regulatory Information

Asia Plus is subject to regulations from the following bodies:

  • Securities and Exchange Commission (SEC) of Thailand
  • Stock Exchange of Thailand (SET)
  • Bank of Thailand (BOT) for certain banking services

The company operates primarily in Thailand, with its legal entity structure comprising several subsidiaries that handle specific segments of its business, such as brokerage, asset management, and financial advisory services.

Client Fund Protection Measures

Asia Plus implements stringent measures to protect client funds, including segregation of client assets and participation in the Investor Compensation Fund, which provides additional security for investors in the event of a company default.

Countries/Regions Served

While Asia Plus primarily serves clients in Thailand, it also caters to foreign investors looking to access the Thai market. The companys services are designed to accommodate a diverse range of clients, including institutional and retail investors.

Compliance History

Asia Plus has maintained a strong compliance record, adhering to the regulations set forth by the SEC and SET. The company regularly undergoes audits and reviews to ensure ongoing compliance with financial regulations.

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5. Competitive Landscape

3-5 Main Competitors

Asia Plus faces competition from several key players in the financial services sector, including:

  • Kasikorn Securities
  • Siam Commercial Bank Securities
  • Krungsri Securities

Positioning in the Industry

Asia Plus positions itself as a comprehensive financial services provider, focusing on investment banking, brokerage, and asset management. Its strong emphasis on customer service and innovative technology solutions helps it maintain a competitive edge in the market.

Market Differentiation Factors

The company differentiates itself through its commitment to providing personalized services, extensive market research, and a diverse range of financial products. Additionally, its focus on technology-driven solutions enhances client engagement and satisfaction.

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In conclusion, Asia Plus Company has established itself as a significant player in Thailands financial services landscape, offering a wide array of trading and investment solutions. With a strong regulatory framework, a commitment to customer service, and a focus on innovation, Asia Plus is well-positioned for continued growth in the evolving financial market.

For more detailed insights into Asia Plus Company and its services, feel free to learn more.