Briefly Learn About UOB Kayhian Securitie S
UOB Kayhian Securities Is A Brokerage That Provides Investment And Trading Services In Financial Marekt. It Is Part Of United Overseas Bank (UOB), A Large Financial Conglomerate Based In Singapore. Serving Both Private Investors And Institutional Clients, UOB Kayhian Securities Is One Of The Largest Brokers In South East Asia Financial Marekt. The Exchanges Available Are The Stock Exchange Of Thailand (SET), Thai Futures Exchange (TFEX), New York Stock Exchange, NASDAQ, American Stock Exchange, ARCA And Hong Kong Stock Exchange (HKEX). US And Hong Kong Citizens Cannot Trade On Their Country's Exchanges Through UOB Kayhian Securities.
Advantages Of Trading In UOB Kayhian Securities:
Regulated By MAS (Monetary Authority Of Singapore) And FINRA (Financial Industry Regulatory Authority | USA);
Long-term Presence In Asian Stock Markets And Full Membership Of The Stock Exchange Of Thailand;
Access To SET And TFEX;
Trading On The Largest US Stocks And Hong Kong Exchanges;
Online Trading On Stock Exchanges Through Advanced Third-party And In-house Platforms;
Thai Investors The Initial Investment Of Is 5,000 Baht;
Brokerage Transaction Fees Decrease As Daily Trading Volume Increases.
Disadvantages Of UOB Kayhian Securities:
To Enter The International Securities Market, The Minimum Investment Amount Is 50,000 Baht;
Brokers Charge Deposit And Withdrawal Fees;
There Is No Demo Mode Of The Available Platform.
Trading Account Opening
To Access The User Account On The UOB Kayhian Securities Website, Please Enter Your Login, Password And PIN. To Obtain This Information, Please Follow The Instructions Below To Create A User Account:
1 Select The Thailand Branch On The Company's Official Website And Click On The "Open Account" Button.
2 In The Account Opening Form, Provide Your Personal Information, Create A Reliable Password, And Upload The Documents Required By The Broker. After Verifying The Provided Data, The Login Information Will Be Sent To Your Email, And The Code For Entering The User Account For The First Time Will Be Sent To Your Phone Number. After Logging In, Set Up A 6-digit PIN And Activate 2FA To Protect Your Personal Data And Funds.
Account Type
Individuals Cannot Open Joint Or Corporate Accounts With UOB Kayhian Securities. The U.S. And Hong Kong Stock Markets Are Not Available To Residents Of These Countries. Only Cash Balance Accounts Are Available For Trading On International Exchanges Outside Of Thailand.
Account Type:
Credit Balance Or Margin
This Account Type Allows Traders To Borrow Funds To Purchase Assets From Brokers Using Securities As Collateral. To Use A Margin Account, An Investor Needs To Meet The Broker's Margin Requirements, Which Determine The Minimum Level Of Investor Equity Funds To Be Maintained On The Account. Using Borrowed Funds Means Interest.
Cash
Transactions Are Conducted Using The Investor's Funds. Brokers Require 20% Collateral.
Cash Balance
This Is A Prepaid Account Type, Which Means That The Customer Deposits The Full Price Of A Financial Instrument. This Account Type Holds Cash Until The Investor Decides To Use It For Transactions, Such As The Purchase Of Securities.
Cash Balance Account Is Used To Purchase Securities And Hold Funds To Sell Them. In Addition, It Also Offers To Make Different Financial Transactions, Such As Transfers To Other Accounts Or Withdrawals To Customer Bank Accounts.
The Account Types Offered By UOB Kaixian Securities Provide Investors With Flexibility And Control Over Their Cash Funds On The Exchange. In Addition, They Also Allow Traders To React To Market Changes In A Timely Manner And Execute Trades When Necessary.
Deposits And Withdrawals
Profits Are Withdrawn In Thai Baht, Hong Kong Dollar And US Dollar. If The Withdrawal Currency Is Different From The Account Currency, Then These Transactions Require Payment Of Exchange Fees.
Customers Receive Payments On The Next Business Day After Submitting The Request.
The Broker Charges A Withdrawal Fee Of 1,500 Baht.
The Minimum Withdrawal Amount Is $300, 3,000 Baht Or HK $3,000.
Investment, Options
UOB Kayhian Securities' Accounts And Platform Are Suitable For Active Trading And Long-term Passive Investing. Clients Who Do Not Want To Monitor The Market Waiting For A Profitable Securities Exchange Rate Can Invest In Fixed Income Instruments Such As Government Bonds. Dividends From Some Stocks Bring Passive Income. UOB Kayhian Securities Also Offers To Buy Shares In Mutual Funds For Passive Income.
Investing According To The Dollar Cost Averaging Method (DCA) Model Is A Low-risk Long-term Strategy
One Of The Long-term Investment Options Is DCA. It Is A Strategy In Which Investors Buy Financial Assets Such As Stocks, Bonds, Or Mutual Funds For A Fixed Amount At Regular Intervals Over A Period Of Time.
The Main Features Of DCA Are:
When Prices Fall, Investors Automatically Buy More Assets And When Prices Rise, Investors Automatically Buy Fewer Assets. This Reduces The Impact Of Market Volatility On Investments And Creates Long-term Average Asset Prices.
DCA Reduces The Impact Of Short-term Market Price Fluctuations On The Underlying Capital Because Investors Purchase Assets At Different Prices At Different Times.
This Model Is Particularly Effective In The Long Run Because It Involves Long-term Investments.
DCA Means Investing A Fixed Amount In Financial Assets On A Regular Basis, Such As Weekly Or Monthly.
The Dollar Cost Averaging Method Reduces The Risk Of One-time Market Entry And Also Reduces The Impact Of Short-term Asset Price Fluctuations On Investments. This Method Is Particularly Useful For Investors Who Do Not Want To Predict Market Movements And Prefer A Long-term Perspective.
Customer Support
UOB Kaixian Securities' Technical Support Is Not Available On Saturdays, Sundays And National Holidays In Thailand. On Other Days, It Works From 8:30 To 17:30 (GMT + 7).
