AsiaMarketsGuide
Thailand/Wallets

True Money for Trading in Thailand

Complete guide on using True Money to deposit and withdraw trading funds in Thailand. Limits, verification, and step-by-step instructions.

True Money is one of the most convenient payment methods for traders in Thailand. It offers instant deposits, low fees, and is widely accepted by major international brokers.

Quick Overview

Deposit Speed

Instant

Withdrawal Speed

Instant to 24 hours

Typical Fees

Low (0-2%)

Why Use True Money for Trading?

  • Speed: Deposits are usually instant, allowing you to start trading immediately.
  • Accessibility: Widely used for daily transactions across Thailand, so you're already familiar with it.
  • Low Fees: Often cheaper than international bank wires or credit card deposits.
  • Security: Your trading funds are linked to your verified True Money account, reducing fraud risk.

How to Deposit with True Money

1

Select True Money in Broker's Deposit Page

Log in to your trading account, go to "Funds" → "Deposit", and choose "True Money" or "E-Wallet" option.

2

Enter Amount in THB

Specify how much you want to deposit (minimum: ฿300 - ฿500).

3

Scan QR Code or Log In

You'll be redirected to True Money app. Scan the QR code or log in to authorize the payment.

4

Confirmation & Trading

Funds appear in your trading account within seconds. You can start trading immediately.

Withdrawal Process

Withdrawing back to True Money is straightforward if you follow the Closed Loop rule:

Rule: If you deposited via True Money, you must withdraw at least that amount back to True Money. Only after can you use alternative methods.

Typical withdrawal timeline: Instant to 24 hours. Make sure your True Money account name matches your broker account name exactly.

Account Limits & Verification

Basic Account

Minimal verification (phone number + basic info)

฿300

Daily transaction limit

Fully Verified

Upload Thai National ID or Passport

฿100,000+

Higher daily/monthly limits

Why True Money is Popular with Thailand Traders

  • No International Bank Account Needed: Fund directly from your local True Money balance.
  • Real-Time Balance Updates: See your trading account funded instantly.
  • Mobile-First: Manage everything from your phone, perfect for active traders.
  • Widely Supported: Most major brokers serving Thailand accept True Money.

Common Issues & Solutions

Deposit not showing up?

Wait 5-10 minutes. If still missing, check your True Money transaction history for confirmation, then contact broker support with the transaction ID.

Withdrawal rejected?

Most common reason: Name mismatch. Your True Money account name must match your broker account name exactly (including middle names/initials).

"Transaction limit exceeded"?

Upgrade your True Money account to fully verified status by uploading your Thai National ID or Passport.