MTS Capital Stock Broker Review: A Comprehensive Guide
Overview and General Information
MTS Capital Co., Ltd., established in 2007 by Kritcharat and Nuttapong Hirunyasiri, has carved a niche in the Thai financial market as a leading provider of derivative trading solutions, specifically focusing on gold futures. This commitment stems from their deep-rooted passion for providing comprehensive trading options to retail clients in Thailand. With over 50 years of experience in the gold and silver trading sector, MTS Capital stands firmly as a respected player, boasting 90% ownership by MTS Gold Group, one of Thailand's largest independent bullion dealers and jewelry wholesalers.
This strong foundation is further solidified by the company's adherence to international standards and regulatory compliance. MTS Capital is a full clearing member of the Thailand Futures Exchange (TFEX), holding the distinction of being the first founding member of Gold Futures and Silver Futures contracts. Their dedication to upholding the highest standards is evident in their recognition by the Thai Bullion Markets Association (TBMA), demonstrating their commitment to responsible and transparent bullion refining practices.
Products and Services Offered by MTS Capital Stock Broker
Details of Main Products
MTS Capital's core offering revolves aroundGold Futures, a standardized contract designed for buying or selling gold (with a purity of 96.5%) at a predetermined future price. Investors participating in this market through the Thailand Futures Exchange (TFEX) benefit from a cash settlement method, eliminating the need for physical delivery. This streamlined process ensures transparency and reliability, further enforced by the Securities and Exchange Commission (SEC), which regulates TFEX trading activities.
Additional and Special Services
- Trading Platforms:MTS Capital provides a range of trading platforms to cater to diverse investor preferences, including:
- Ultra Hi-Speed Trader
- MTS Smart Web Trader
- MTS Mobile Trader
- Educational Resources:MTS Capital is committed to empowering its clients with the knowledge necessary for successful trading. They offer a wealth of educational resources, including:
- Trading tips
- Seminars
- Market analysis through their MTS Channel
- Research and Analysis:Providing insightful daily market analysis and news updates, MTS Capital equips investors with the necessary tools for making informed decisions.
Product Features and Conditions
Key Attributes and Requirements of the Offered Products
Understanding the characteristics of Gold Futures is crucial for investors seeking to participate in this market. Here's a breakdown of key attributes:
- Underlying Asset:Both buyers and sellers hold the authority in determining the price. This dynamic creates a competitive landscape where market forces shape the value of gold futures contracts.
- Trading Price:One contract represents 50 and 10 Baht per Thai Gold Baht. This standardized value provides a clear benchmark for trading activities.
- Delivery Date:Contracts have predetermined delivery dates scheduled for February, April, June, August, October, and December. Investors have the flexibility to trade contracts with delivery dates within the next 6 months. This allows for strategic planning and management of trading positions.
- Delivery Method:MTS Capital employs a cash settlement method, eliminating the need for physical delivery of gold. This streamlines the trading process, reducing logistical complexities and associated costs.
Commission Rates for Gold Futures
| No. of Contract | Commission Rate (Baht/Contract) |
| From 1st-25th contract | 97.00 (Via Marketing Officer) / 88.00 (Via Internet) |
| From 26th-100th contract | 77.00 (Via Marketing Officer) / 70.00 (Via Internet) |
| From 101st-250th contract | 57.00 (Via Marketing Officer) / 52.00 (Via Internet) |
| From 251st contract onward | 47.00 (Via Marketing Officer) / 43.00 (Via Internet) |
Contact Channels and Customer Support
Contact Methods
- Phone:+66 2770 7789 (Futures Trading) and +66 2770 7799 (Futures Trading). These dedicated phone lines ensure quick and direct access to customer support for trading-related inquiries.
- Email:While an email address is not explicitly mentioned, the company likely provides email support, which would be another convenient option for reaching out.
- Chat:Similarly, the company might offer live chat support on their website, providing real-time assistance for urgent matters.
- Branch Locations:MTS Capital is conveniently located in Bangkok, Thailand, at 10,12,14, 3rd Floor, Sapsin Road, Wang Burapha Phirom Sub-district, Pranakorn District, Bangkok, 10200. This physical presence provides a more personalized and in-person experience for clients seeking direct interaction.
Service Hours and Support Quality
MTS Capital demonstrates its commitment to client satisfaction by providing 24/7 support for trading-related inquiries and issues. This ensures that clients have access to assistance whenever they need it, regardless of time constraints or geographic location.
Pros and Cons of MTS Capital Stock Broker
Pros
- Experience and Reputation:With over 50 years of experience in gold and silver trading, MTS Capital enjoys a strong reputation within the Thai market. This longevity speaks volumes about their expertise, reliability, and commitment to delivering quality services.
- Regulatory Compliance:MTS Capital's adherence to international standards for gold bullion refining and its regulatory oversight by the SEC for TFEX trading demonstrate their dedication to transparency, accountability, and ethical practices.
- Comprehensive Services:The company offers a full range of services, catering to diverse client profiles including:
- Introducing agents
- Selling agents
- Gold commercial hedgers
- Institutional investors
- Individual traders
This broad scope ensures that MTS Capital can meet the unique needs of different types of clients, fostering a tailored experience. - Innovative Technology:MTS Capital's commitment to providing advanced trading platforms and online trading solutions demonstrates their dedication to keeping pace with technological advancements and offering user-friendly and efficient trading tools.
Cons
- Limited International Presence:While MTS Capital is a leading player in the Thai market, its primary focus on Thailand might limit its appeal to international investors seeking a global reach.
- Dependence on Market Conditions:As with any futures trading, the company's performance can be heavily influenced by market conditions. While MTS Capital offers valuable insights and resources, it's important to remember that fluctuations in the gold market can impact returns.
Summary of MTS Capital Stock Broker Review
Who is it Best Suited For and Why
MTS Capital is an ideal choice for individual traders, institutional investors, and gold hedgers who are looking for a reliable and experienced provider of gold futures in the Thai market. Their comprehensive suite of services, combined with their strong reputation and regulatory compliance, makes them a trusted partner for clients seeking to navigate the world of gold futures trading.
Final Thoughts on Value and Choosing the Company
MTS Capital offers a robust set of services and technologies that make it a compelling option for those interested in gold futures trading in Thailand. Their strong reputation, commitment to regulatory compliance, and comprehensive service offerings solidify their position as a reliable choice for both retail and institutional clients. However, it's essential to conduct thorough research, assess individual investment goals, and understand the inherent risks associated with futures trading before making any investment decisions.
Frequently Asked Questions about MTS Capital Stock Broker
- Q: What are the requirements to open an account with MTS Capital?
A:To open an account, you will need to provide the following documents: - A copy of your ID card
- A copy of your house registration
- A statement or book of bank transactions from the past 3 months.
It's important to note that the account can only be opened with one of the following specified banks: Kasikornthai Bank, Bangkok Bank, Krungthai Bank, and Siam Commercial Bank.
- Q: How do I place a trade order with MTS Capital?
A:You can place a trade order through a marketing officer or via internet trading. MTS Capital also provides educational resources to help investors understand the trading process, ensuring a smooth and informed experience. - Q: What are the commission rates for trading gold futures with MTS Capital?
A:Commission rates vary based on the number of contracts traded. For example, when trading via marketing officers, the commission rate is 97 Baht per contract for the first 25 contracts. However, for trades exceeding 250 contracts, the rate drops to 47 Baht per contract. This tiered system encourages active trading and rewards volume. You can find detailed commission rates for internet trading on their website.
Key takeaways about MTS Capital Stock Broker
- MTS Capital is a leading provider of gold futures trading in Thailand, with a strong reputation and over 50 years of experience.
- They offer comprehensive services, including trading platforms, educational resources, and research and analysis.
- MTS Capital is regulated by the Securities and Exchange Commission (SEC) and adheres to international standards for gold bullion refining.
- They are best suited for individual traders, institutional investors, and gold hedgers looking for a reliable and experienced provider in the Thai market.
- MTS Capital provides 24/7 customer support, ensuring clients have access to assistance whenever they need it.
