Thailand SEC Flags Gold Market Thailand Over Unlicensed Business

The Thailand Securities and Exchange Commission (SEC Thailand) has flagged Gold Market Thailand and HuasenghengOnline for conducting securities and derivatives business without the required authorization. Both names were added to the regulator’s Investor Alert List on September 3, 2026.

The warnings concern a Facebook page named “Gold Market Thailand” and a LINE account named “HuasenghengOnline”, with the LINE ID huasengheng11.

Image sourced from the Thai Securities and Exchange Commission (SEC)

Thailand SEC Warns of Unlicensed Securities and Derivatives Business

According to the SEC Thailand Investor Alert List, Gold Market Thailand was identified as an entity that had not obtained a license to conduct securities and derivatives business.

The SEC also listed HuasenghengOnline under the same category. The account is identified by LINE ID: huasengheng11.

The regulator states that its Investor Alert List is based on investor complaints and tips and is intended to alert the public to unauthorized financial services.

Verify Broker and Financial Service Providers

The warnings are relevant to forex, CFD and derivatives traders who may encounter financial service providers through social media or messaging platforms.

Investors should verify a provider’s legal entity, regulatory status and authorization through the relevant regulator before opening an account or transferring funds. A social media account, brand name or trading platform alone should not be treated as proof of authorization.

This check is particularly important when comparing a low-spread broker, an MT5 trading platform provider or other online trading services.

SEC Investor Alert List Provides a Verification Reference

The SEC Thailand Investor Alert List provides a public reference for entities and services that the regulator has identified as operating without the required authorization.

Investors should consult the regulator’s official records and check whether the specific company or entity they are dealing with is authorized for the financial services it offers.

The latest alerts serve as a reminder for traders and potential investors to conduct regulatory checks before engaging with online financial service providers.

Investor Warning

Investors should verify a broker or financial service provider’s regulatory status before opening an account or transferring funds. Do not rely solely on claims made through Facebook, LINE, websites, trading platforms or other online channels.

For more regulatory warnings, broker risk information and investment scam updates, readers can visit our Broker Reviews and Scam Alerts sections to follow the latest developments. Alternatively, you can also inquire about the relevant brokers in our "Q&A" section.

This article is based on information publicly disclosed by the relevant regulatory authority and is intended for regulatory research and investor risk awareness only. It does not constitute investment advice.