Clients will be required to deposit 100% cash equivalent to the value of your preferred trading limit in order to be allowed to place any purchase orders. The trading limit will be equal to the cash deposited as collateral. Any stock purchase (sales) will be deducted (deposited) from (to) your account on the second working day. The cash from every order will remain in your account until withdrawn.
2. Cash Account
Cash account requires 20% collateral of approved trading line before starting your trading. Cash deposits or stocks can be used as collateral by transferring to Kasikorn Securities' account. Trade settlement will be settled by Automatic Transfer System (ATS) in debiting or crediting of your account on the second business days after transaction date (T+2). Participating banks for ATS are Kasikorn Bank, Bangkok Bank, Siam Commercial Bank, Thanachart Bank, Bank of Ayudhya, TMB Bank, Krung Thai Bank, and CIMB Thai Bank. For this account type, Kasikorn Securities offers a trading line for you based on your financial status.
In addition, you can apply for K-Stock 2 Fund service which is automatic stock settlement via money market fund. K-stock 2 Fund offers you an opportunity to enhance your investment return during cash holding period before investing in the stock market.
3. Credit Balance
This account is best suited for the investor who is looking to maximize his trade through leverage of his collateral. Enjoy a 1time maximum leverage of the collateral value but not greater than the approved trading limit from Kasikorn Securities Plc.
For Derivatives Trading (Derivatives Account)
For derivatives trading, you will be required to transfer the collateral in accordance to Thailand Futures Exchange (TFEX) rules and regulations at the end of each working day. Your portfolio will be marked-to-market to reflect the fair value of your investment. In such case your collateral value is less than the requirement, you will need to deposit additional collateral to Kasikorn Securities Plc to maintain the collateral level.
Q
2. How to Deposit Collateral
A
There are four channels to deposit collateral into a securities trading account:
1. K PLUS Application
1. Go to the "Banking" menu and select "Bill Payment."
2. Select the service provider by enter the code "98269" in the search box then select "Kasikorn Securities - For clients".
3. Fill in three details: your 7-digit securities trading account number, your ID card number or passport number, and the amount of money you wish to deposit as collateral.
2. QR Code
1. Go to the "My Service" menu in K-Cyber Trade / Streaming.
2. Select "Deposit" under the Online Service section.
3. Select "Deposit (QR Code)".
4. Select "To trading account" to specify the destination account for receiving collateral.
5. Press "Generate QR Code" and "Download QR Code".
6. Open your banking application and scan the QR Code.
7. Specify the amount and complete the transaction.
Note: - The minimum amount that can be deposited is 10 THB.
- The maximum amount that can be deposited:
1. Through K PLUS, up to 99,999,999.99 THB or according to the limit set with the bank.
2. Through other banks' Mobile Banking, up to 2,000,000 THB or according to the limit set with the bank.
3. Online Direct Debit
1. Go to the "My Service" menu in K-Cyber Trade / Streaming.
2. Select "Cash Deposit" under Online Service.
3. Select "Cash Deposit (Online Direct Debit)"
4. Select the type of securities trading account and enter the deposit amount.
1. Via Mobile Applications as follows: K-Cyber Trade / Streaming / KS Trade+/ KS One / Efin Trade+
- Go to the "My Service" menu and select "Withdraw" under Financial Transactions section.
2. KS Trade Website www.kasikornsecurities.com
- Go to the "My Service" menu and select "Withdraw" under Financial Transactions section.
4. Reasons Why Funds Don't Return Immediately After Selling Securities
A
If the stocks you trade fall under trading alert level 2 (T2) and level 3 (T3), which prohibit net settlement, the funds will not return to your portfolio immediately. If you buy and sell shares on the same day, the funds will return to your portfolio the next business morning at T+1 as SET regulations.
Q
5. Cost Calculation Using FIFO (First-in, First-Out)
A
First-in, First-Out (FIFO) is a method for calculating stock costs based on the principle of first-in, first-out. Therefore, the stocks that are bought first will be sold first. Any remaining stocks will be recalculated at the average cost on the next business day.
The FIFO system is widely used for asset management and valuation in accounting, taxation, and inventory management. In FIFO accounting, the assets purchased first are written off first when sold. Similarly, the stock trading system uses FIFO for calculations.
If a client sells only part of their stocks, there may be questions about the cost and profit/loss of the sold stocks, as well as the cost or profit/loss of the remaining stocks.
If you sell some stocks on day T, the preliminary profit/loss is not the actual profit/loss. At the end of the day, the system will recalculate the profit/loss using FIFO by taking the cost of the stocks bought first to determine the selling cost. Investors are advised to check the actual profit/loss the next business day (T+1). You can check this as follows:
1. Log in to the KS Trade website.
2. Go to "K-Cyber Trade".
3. Select the "Portfolio" menu and choose "Realized Profit/Loss".
It is advisable for clients to maintain records of their transactions to ascertain the actual cost of each purchase prior to selling, thereby avoiding the loss of investment opportunities.
Q
6. How to Update Personal Information
A
There are two ways to update personal information online:
1. Via Mobile Applications as follows: K-Cyber Trade / Streaming / KS Trade+/ KS One / Efin Trade+
- Go to the "My Service" menu and select "Manage My Personal Information" under Account Management section.
2. KS Trade at www.kasikornsecurities.com
- Go to the "My Service" menu and select "Manage My Personal Information" under Account Management section.
Q
7. How to add or change a signature
A
You can add or change your signature online as follows:
1. Via Mobile Applications as follows: K-Cyber Trade / Streaming / KS Trade+/ KS One / Efin Trade+
- Go to the "My Service" menu and select "Submit a sample signature" in the Other Transactions section.
2. KS Trade at www.kasikornsecurities.com
- Go to the "My Service" menu and select "Submit a sample signature" in the Other Transactions section.
Q
8. Problems with PIN
A
You can Reset PIN on various channels as follows:
- Streaming PC
Click "More" and select "My Service," then choose "Forgot PIN".
- Streaming / K-Cyber Trade Application
Method 1. Click "My Service" and select "Forgot PIN".
Method 2. Click the "More" button and select "Forgot PIN".
- KS Trade+
Method 1. Click the "Menu" button at the top right of the application, then go to "My Service" and select "Forgot PIN".
Method 2. Click the "Menu" button at the top right of the application, then go to "Settings" and select "Reset PIN".
- KS ONE
Method 1. Click the "More" button, then go to "My Service" and select "Forgot PIN".
Method 2. Click the "More" button and select "Forgot PIN".
Q
9. Troubleshooting When Unable to Place Securities Orders
A
Cause
Solution
Insufficient Line Available for Order
Please check if the Line Available in your portfolio is sufficient for the stock's value you wish to buy (quantity × price) including fees.
Incorrect Price Within Price Range (Spread)
Please check if the price is within the allowable price range for order placement or check the price range (Spread) here
Risk Profile and KYC Update Due
According to SEC regulations, investors must complete an annual information review or KYC as required. You can do this yourself by going to "KYC and Risk Profile" under "Account Management" in the "My Service" menu in K-Cyber Trade / Streaming or "My Service" on the KS Trade website.
Combined Orders Between Board Lot and Odd Lot
Please separate orders between Board Lot and Odd Lot. For example, if you want to sell 179 shares, separate 100 shares and 79 shares, as 79 shares are Odd Lots and must be sold on the Odd Lot board. You can check Bid/Offer on the Odd Lot board in "More" menu in K-Cyber Trade / Streaming, then go to the Odd Lot menu in the Information Menu. Odd Lot orders can only be placed during market opening hours.
Incorrect NVDR Status
If you buy Local stocks, you must sell them as Local stocks. If you buy NVDR stocks, you must sell them as NVDR.
Q
10. How to Check Historical Portfolio Information
A
You can check historical portfolio information in three ways:
1. Via Mobile Applications as follows: K-Cyber Trade / Streaming / KS Trade+/ KS One / Efin Trade+
- By going to the "KS Portfolio Analysis" menu under the Other Services section.
2. KS Trade at www.kasikornsecurities.com
- By going to the "KS Portfolio Analysis" menu under the Other Services section.
Q
11. How to Request Historical Documents
A
You can request various past documents through the My Service in the "Historical Documents" menu.
Q
12. How to Use efin Stock Pickup
A
You can find instructions for installing efin Stock Pickup on your computer by clicking here
Q
13. How to Use efin Mobile
A
You can find instructions for installing efin Mobile on your mobile phone by clicking here
Q
14. How to Use Aspen for Browser
A
You can find instructions for installing Aspen for browser on your computer by clicking here
