Accounts and Fees

Transaction Fees

As of 20th March 2023

Deposit Fees:No Fee
Withdrawal Fees:20 THB / transaction
Buying Fees:5 THB / transaction
Selling Fees:5 THB / transaction

Subscription Fees

As of 20th March 2023

Subscription amount ≤ 30,000 THB:15 THB / transaction
Subscription amount 30,001 - 100,000 THB:30 THB / transaction
Subscription amount 100,001 - 300,000 THB:50 THB / transaction
Subscription amount > 300,000 THB70 THB / transaction

Offering Type

Private placement
Refers to the sale of token to a limited number of investors without making a public offering, which is subject to regulations and guidelines established by SEC Thailand.

Public Offering
Refers to the sale of token to the general public for the first time, which is subject to regulations and guidelines established by SEC Thailand to ensure transparency, fairness, and investor protection.


Account types

Levels determine your buy and sell threshold as a Fraction member. Meet our requirements and you will be given full user access from our platform. In each upgraded level, you will unlock more features as listed below:

Level 1 (Basic)

Deposit Limit:10,000 THB
Withdrawal Limit within 24hrs:10,000 THB
Subscription Limit:
  • Private Placement
  • Public Offering

  • No Limit
  • 10,000 THB
Transaction Limit:No Limit
  • eKYC Verification

Level 2 (General)

Deposit Limit:No Limit
Withdrawal Limit within 24hrs:1,000,000 THB
Subscription Limit:
  • Private Placement
  • Public Offering

  • No Limit
  • 300,000 THB
Transaction Limit:No Limit
  • eKYC Verification
  • Full AMLO assessment

Accredited Account

Deposit Limit:No Limit
Withdrawal Limit within 24hrs:10,000,000 THB
Subscription Limit:No Limit
Transaction Limit:No Limit
  • eKYC Verification
  • Full AMLO assessment
See Document Requirements

If you want to upgrade to the accredited account for individuals with high value assets, after you complete your account setup, you can click 'Register Your Interest' for the accredited investors under Account page and submit supporting documents to support@fraction.co. All documents required can be found here.


Corporate Account

Corporate account type for the juristic person

Level 1 (General)

Deposit Limit:No Limit
Withdrawal Limit within 24hrs:1,000,000 THB
Subscription Limit:
  • Private Placement
  • Public Offering

  • No Limit
  • 300,000 THB
Transaction Limit:No Limit

Accredited Account

Deposit Limit:No Limit
Withdrawal Limit within 24hrs:10,000,000 THB
Subscription Limit:No Limit
Transaction Limit:No Limit

If you want to upgrade to the accredited account, after you complete your account setup, you can click 'Register Your Interest' for the accredited account under Account page and submit supporting documents to support@fraction.co. All documents required can be found here.

Institutional Account

Deposit Limit:No Limit
Withdrawal Limit within 24hrs:Custom
Subscription Limit:Depends on project
Transaction Limit:No Limit
See Document Requirements

Documents required to upgrade to an Accredited Investors

Individuals and Spouse

Net Asset Value

Higher than 30m THB (not incl. residential property uses to reside)

Example of proofing documents

  • Bank statement of last six months
  • Land title deeds

Securities and futures

Higher than 8m THB, or 15m THB if including bank deposit

Example of proofing documents

  • Securities statement
  • Bill of Exchanges
  • Promissory notes
  • Bank statement of last six months

Combined Yearly Incomes

Higher than 3m THB

Example of proofing documents

  • Salary confirmation document
  • Salary slip
  • Tax Filing Form (PND 90, 91)

Juristic

Net Asset Value

Higher than 75m THB

Example of proofing documents

  • Last period audited financial statements

Securities and futures

Higher than 15m THB, or 30m THB if including bank deposit

Example of proofing documents

  • Last period audited financial statements

Combined Yearly Incomes

N/A


Account setup completion for corporate and institutional account

Once you have created your account, you can access the Home or Account page to authorise your account which will allow you to make a transaction with security and safety on Fraction application. These steps consist of Identity Verification (KYC/CDD) for the enterprise and Wallet Activation. For Enterprise Identity Verification process, you can submit 12 supporting documents to support@fraction.co.

12 Supporting Documents

1.Application form to open the account with Fraction1 copy
2.Application form to register the wallet with T2P Co., Ltd1 copy
3.Copy of Board of Directors' meeting resolution to open the account with Fraction (Thailand) Co., Ltd (certified true copy with company seal)1 copy
4.Copy of Articles of Association1 copy
5.Copy of Memorandum of Association (BOJ 2)(if applicable)1 copy
6.Copy of Company Financial Statements for the latest 2 years1 copy
7.Copy of 1st Page of Company's Savings Account Bankbook (only for Thai savings bank accounts)1 copy
8.Power of Attorney (if applicable)2 copies
9.Copy of Company Affidavit within the past 6 months (issued by the Ministry of Commerce)2 copies
10.Copy of Shareholder List (BOJ 5) (certified true copy with company seal) 2 copies
11.Copy of Value-Added Tax Registration Certificate (P.P.20) (if applicable)2 copies
12.Copy of ID Card (for Thai) / Passport (for Non-Thai) of the authorized director and agent responsible for the account opening2 copies

Remarks:

  1. Please ensure that all supporting documents are certified true copies with the signature of the authorized director.
  2. For documents (1) - (10), please certified true copies as “Used for opening a juristic person account with Fraction only".
  3. For documents (6) - (10), please certified true copies as “Used for opening a juristic person account with T2P only”.
  4. In addition, please indicate the date when each document was signed.
  5. And write a 'Certified Correct Copy' with a signed signature in every set of documents to prevent deletion or forgery.

An institutional investor shall refer to any of the following investors:

  1. Bank of Thailand
  2. Commercial Bank
  3. Bank established under specific law
  4. Finance Fompany
  5. Credit Foncier
  6. Securities Company
  7. Non-life Insurance Company
  8. Life Insurance Company
  9. Mutual Fund
  10. Private Fund managed by a securities company for the investment of ultra-high net worth investors, high net worth investors or investors under (1) to (9) or (11) to (25)
  11. Provident Fund
  12. Government Pension Fund
  13. Social Security Fund
  14. National Saving Fund
  15. Financial Institution Development Fund
  16. Derivatives business operator under the Law on Derivatives;
  17. Derivatives business operator under the Law on Agricultural Futures Trading
  18. International Financial Institution
  19. Deposit Protection Agency
  20. Stock Exchange of Thailand
  21. Juristic person in the category of statutory corporation
  22. Juristic person whose shares are held by the investors under (1) to (21), in aggregate, exceeding seventy-five percent of the total voting shares
  23. Foreign investor having characteristics similar to the investors under (1) to (22)
  24. Fund manager or derivatives fund manager in accordance with the Notification of the Capital Market Supervisory Board concerning Rules on Personnel in Capital Market Business
  25. Any other investors as specified by the SEC Office

Contact Us

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