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DBS foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.dbsvitrade.com/brokerpage/004/web/en/OpenAccount.html, about the company's legal and temporary regulatory information, the company's address 989 Siam Piwat Tower , 9th, 14th-15th Floor Rama 1 Road, Pathumwan Bangkok 10330 Thailand.

DBS Forex Broker

Basic information

Registered region
Thailand
Operating period
--
Company Name
DBS Vickers Securities (Thailand) Co.,Ltd.
Abbreviation
DBS
Company employee
--
Customer Service Email Address
dbsvitrade@th.dbs.com
Contact number
+6628577000
Company address
989 Siam Piwat Tower , 9th, 14th-15th Floor Rama 1 Road, Pathumwan Bangkok 10330 Thailand
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

DBS Basic Information Company Name DBS Founded 1996 Headquarters Thailand Regulations Unregulated Products and Services Overseas Trading, DRx, Equity, Mutual Funds, Derivatives, Block Trade, Fixed Income, Margin Financing, SBL, Structured Product, Wealth Management Trading Platforms DBSV mTrading Thailand, DBSV Online Platform, Settrade Streaming, DBSV WealthBOX, Streaming FUND+, Investment Consultant Investment Tools BrainBOX, BrainBOX Plus, MCycle, Technical Chart on iPad, Block Trade Calculator, e-Fin Stock Pickup, Aspen for Browser Fees Varies by service: Equity trading fees range from 0.15% to 0.25%, with minimum commissions for various services; Overseas Trading fees depend on transaction size and currency. Derivatives and other services have specific fee structures. Customer Support Phone Numbers: (66) 2857-7922, (66) 2857-7799Email: businesssupport@th.dbs.com Education Resources Knowledge & Information Resources, Funds Transfer & Form Download, Important Notices & Pricing, Thailand's Holiday Schedule, FAQs, User Manual Overview of DBS DBS, established in 1996 and headquartered in Thailand, operates as a multifaceted financial services provider, albeit unregulated. It offers a broad spectrum of products and services, including overseas trading, equity, mutual funds, derivatives, and wealth management, catering to a diverse clientele. DBS leverages advanced trading platforms like DBSV mTrading Thailand and Settrade Streaming, alongside innovative investment tools such as BrainBOX and MCycle, to enhance the trading and investment experience. Despite its unregulated status, DBS commits to high customer service standards, providing support through phone, email, and a physical office in Bangkok. Additionally, it offers a wealth of educational resources to equip investors with the necessary knowledge for informed decision-making. This comprehensive approach underscores DBS's dedication to meeting the varied needs of its clients, positioning it as a notable player in Thailand's financial services landscape. Is DBS Legit? DBS is not regulated. It is important to note that this broker does not have any valid regulation, which means it operates without oversight from recognized financial regulatory authorities. Traders should exercise caution and be aware of the associated risks when considering trading with an unregulated broker like DBS, as there may be limited avenues for dispute resolution, potential safety and security concerns regarding funds, and a lack of transparency in the broker's business practices. Pros and Cons DBS stands out for its extensive array of investment services and advanced trading platforms, catering to a diverse investor base with tools like BrainBOX and MCycle, enhancing trading efficacy and portfolio analysis. Despite these strengths, its unregulated status poses significant risks, urging potential clients to balance its comprehensive offerings against the potential for financial insecurity and lack of formal dispute resolution mechanisms. Pros Cons Wide range of investment services and tools Unregulated, posing potential risks Access to local and international markets Concerns over fund safety and dispute resolution Innovative trading platforms (DBSV mTrading Thailand, Settrade Streaming) Advanced analytical tools (BrainBOX, MCycle) for enhanced trading efficiency Provides customer support through phone, email, and physical address in Bangkok Products and Services Overseas Trading: Provides access to leading global exchanges to diversify investment profiles. DRx: Offers Fractional Depositary Receipts, allowing investment in fractions of shares. Equity: Enables investment in selected businesses and companies for both short and long-term horizons. Mutual Funds: Managed by professional fund managers to handle investment portfolios efficiently. Derivatives: Offers trading in derivatives with personalized professional recommendations. Block Trade: Supports trading strategies that capitalize on market movements. Fixed Income: Aids in structuring investment strategies with expert assistance. Margin Financing: Enhances investment capabilities through leverage. SBL: Presents an alternative method to boost investment returns. Structured Product: Expands investment choices to potentially enhance returns. Wealth Management: Provides comprehensive access to a wide range of investment opportunities under one platform. Trading Platforms DBSV mTrading Thailand: Enables trading with confidence, offering a mobile solution for investors on the go. DBSV Online Platform: Provides access to investments across 7 countries, facilitating international trading. Settrade Streaming: A leading online platform for stocks and derivatives trading, designed to enhance investment opportunities. DBSV WealthBOX: An investment planning program that helps users strategize their investment portfolio. Streaming FUND+: A mutual fund trading application that also allows users to create investment plans within a single app. Investment Consultant: Offers professional investment advisory services, providing personalized assistance to investors. Investment Tools BrainBOX: Offers a wide range of technical indicators and fundamental values for Thai and overseas stocks, aiding in detailed stock analysis. BrainBOX Plus: Combines technical and fundamental analysis to yield optimal investment insights and results. MCycle: Focuses on cyclical stocks, providing strategies for traders to enter and exit the market effectively. Technical Chart on iPad: A user-friendly application for iPad that facilitates real-time technical analysis. Block Trade Calculator: Assists in calculating the price for block trades, helping investors make informed decisions. e-Fin Stock Pickup: A comprehensive desktop program for stock analysis that suits all investment styles. Aspen for Browser: Provides real-time news and analysis tools, enriching the decision-making process for investors. How to Open an Account Visit the DBS website. Look for the “Apply” button on the homepage and click on it. To open a trading account with DBS, follow these steps: 1.Access onboarding account opening system. 2.Perform Identity Authentication via National ID, Mobile Phone No., Email. 3.Verify via NDID 4.Fill in additional information. 5.Upload scanned documents required. 6.Confirm account opening and wait for confirmation email. Fees Equity Commission Rate: Ranges from 0.15% to 0.25% for online trades and 0.20% to negotiable for trades by investment consultant, depending on trade value per day in THB. Minimum Commission: Varies by service type, from 50 THB for post to 200 THB for messenger services. Overseas Trading Commission Rate: Varies by transaction size and method (Online or By Phone), with rates for Singapore (SGX) starting from 0.30% to 0.40% and adjusting based on the transaction size in different currencies. Minimum Commission: Specified for trades in different currencies, e.g., SGD 10, USD 15. Derivatives (e.g., SET50 Futures and Options) Fees: Structure includes a combination of online and offline rates plus a fee, resulting in total charges that vary based on the contract volume per day. Mutual Funds Fees: Investors pay equivalent fees as investing directly through mutual fund management companies. Fixed Income Commission: No commission on OTC trades, implying net pricing. Margin Financing Commission Rate: Similar structure to equity, with rates adjusted for margin accounts. SBL (Securities Borrowing and Lending) Fees: Calculated daily based on the number of shares, stock closing price, borrowing/lending rate, and days per year. Structured Product Commission: Applies to ELN and RELN products, with specifics depending on whether returns are in shares or cash. Customer Support Address: DBS Vickers Securities (Thailand) Co., Ltd., 989 Siam Piwat Tower, 9th, 14th-15th Floor, Rama 1 Road, Pathumwan, Bangkok 10330 Thailand Phone Numbers: (66) 2857-7922, (66) 2857-7799 Email: businesssupport@th.dbs.com Educational Resources Knowledge & Information Resources: Offers a wealth of educational content to enhance investment understanding. Funds Transfer & Form Download: Facilitates easy management of funds and access to necessary forms. Important Notices & Pricing: Keeps investors informed about critical updates and the pricing structure for various services. Thailand's Holiday Schedule: Helps in planning transactions around public holidays. FAQs on Overseas Trading & DBS Vickers Thailand App: Offers answers to common queries related to overseas trading and the usage of the DBS Vickers Thailand app. User Manual: Provides guidance on account management, cash management, using the streaming app, investment tools, and details on DBSV Rewards. Conclusion DBS offers a comprehensive suite of investment services and advanced trading platforms, positioning itself as a significant player in the financial market. Its offerings, including overseas trading, derivatives, and wealth management, cater to a broad spectrum of investors seeking diversified and strategic investment opportunities. The utilization of tools such as BrainBOX and advanced trading platforms like DBSV mTrading Thailand and Settrade Streaming enhances user experience with in-depth analysis and mobile trading capabilities. However, DBS's unregulated status is a critical disadvantage, casting shadows over the safety of investments and the reliability of dispute resolution. Potential clients must weigh the rich array of services and technological advantages against the risks associated with the lack of regulatory oversight. FAQs Q: What investment options does DBS provide? A: DBS offers a variety of investment options, including overseas trading, equity investments, mutual funds, derivatives, and wealth management services, among others. Q: Can I trade on international markets with DBS? A: Yes, DBS provides access to leading global exchanges, allowing investors to diversify their investment portfolios internationally. Q: What platforms does DBS offer for trading? A: DBS offers multiple trading platforms such as DBSV mTrading Thailand, the DBSV Online Platform, Settrade Streaming, and more, catering to different trading needs and preferences. Q: Is DBS regulated? A: No, DBS operates without valid regulation from recognized financial regulatory authorities, which is an important consideration for potential clients regarding the safety and security of their investments. Q: What kind of customer support does DBS offer? A: DBS provides customer support through various channels, including phone, email, and a physical address in Bangkok, ensuring that clients have multiple avenues for assistance. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

How to log in to DBS ?

  

dbs Complete Account Guide: Registration, Account Opening, and Login Processes

  

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Latest Reviews

信念731

信念731

Cambodia

DBS is a great platform. The mentors and managers here are very skilled and very polite. They are very friendly, very responsive to help and positive and their system is easy to navigate. I will give them 5 stars. Thanks to their various investment tools and excellent support service. Well done! Keep up!

Positive

2023-03-24

心如止水12898

心如止水12898

Hong Kong

Deposit ¥30,000 and operate with the teacher’s guidance. When I withdrew my funds of ¥303,9000, I was told that my bank card number was wrong and I have to pay 20% of my funds to modify it. Then a series of problems came, such as insufficient credit score, personal income tax, international collection business and docking gold. After I paid all the money, I still can’t withdraw! Scam

Exposure

2020-11-11

FX2100470372

FX2100470372

Hong Kong

I can’t withdraw without paying personal income tax as DBS said and DBS promised that the funds can be a hundred percent withdrew, however, my account was frozen.

Exposure

2020-08-27

DBS Forex Broker has an overall rating of 1.52, Regulatory Index 0.00, License Index 0.00, Business Index 7.08, Software Index 4.00 Risk Control Index 0.00.