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 THB | 70 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:
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Transaction Limit: | No Limit |
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Level 2 (General)
Deposit Limit: | No Limit |
Withdrawal Limit within 24hrs: | 1,000,000 THB |
Subscription Limit:
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Transaction Limit: | No Limit |
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Accredited Account
Deposit Limit: | No Limit |
Withdrawal Limit within 24hrs: | 10,000,000 THB |
Subscription Limit: | No Limit |
Transaction Limit: | No Limit |
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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:
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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 ValueHigher than 30m THB (not incl. residential property uses to reside) Example of proofing documents
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Securities and futuresHigher than 8m THB, or 15m THB if including bank deposit Example of proofing documents
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Combined Yearly IncomesHigher than 3m THB Example of proofing documents
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Juristic
Net Asset ValueHigher than 75m THB Example of proofing documents
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Securities and futuresHigher than 15m THB, or 30m THB if including bank deposit Example of proofing documents
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Combined Yearly IncomesN/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 Fraction | 1 copy |
2. | Application form to register the wallet with T2P Co., Ltd | 1 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 Association | 1 copy |
5. | Copy of Memorandum of Association (BOJ 2)(if applicable) | 1 copy |
6. | Copy of Company Financial Statements for the latest 2 years | 1 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 opening | 2 copies |
Remarks:
- Please ensure that all supporting documents are certified true copies with the signature of the authorized director.
- For documents (1) - (10), please certified true copies as “Used for opening a juristic person account with Fraction only".
- For documents (6) - (10), please certified true copies as “Used for opening a juristic person account with T2P only”.
- In addition, please indicate the date when each document was signed.
- 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:
- Bank of Thailand
- Commercial Bank
- Bank established under specific law
- Finance Fompany
- Credit Foncier
- Securities Company
- Non-life Insurance Company
- Life Insurance Company
- Mutual Fund
- 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)
- Provident Fund
- Government Pension Fund
- Social Security Fund
- National Saving Fund
- Financial Institution Development Fund
- Derivatives business operator under the Law on Derivatives;
- Derivatives business operator under the Law on Agricultural Futures Trading
- International Financial Institution
- Deposit Protection Agency
- Stock Exchange of Thailand
- Juristic person in the category of statutory corporation
- Juristic person whose shares are held by the investors under (1) to (21), in aggregate, exceeding seventy-five percent of the total voting shares
- Foreign investor having characteristics similar to the investors under (1) to (22)
- 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
- Any other investors as specified by the SEC Office