ThaiQuest
ThaiQuest Limited provides real-time Thai market data, technical analysis, and financial information solutions through its Aspen platform, serving retail investors, professional traders, and securities brokerages across Thailand.
- Company typePrivate
- Founded2004
- HeadquartersBangkok, Thailand
- Headcount51–100
- GTM typeB2B and B2C
- OfferingSoftware
What ThaiQuest does
ThaiQuest Limited is a Bangkok-based financial data and market information solutions company founded in 2004 that provides real-time Thai market data, analytics, and news services to retail investors, professional traders, and securities brokerages. The company operates a portfolio of four core products: Aspen (a multi-device investment analysis platform with 100+ technical chart types and indicators, available on Windows, macOS, iOS, Android, and browser with cloud sync), Intellex (corporate data, real-time business news, and government procurement data), TQ Professional (institutional-grade financial information service licensed from Teletrader Software GmbH), and Trading Solutions. The Aspen software is licensed from Aspen Research Group Limited, and ThaiQuest serves as the exclusive Thailand distributor and sub-licensor.
The business model is primarily B2B2C, with Aspen offered free to retail investors who hold accounts with one of 19 partner securities brokerages, including AIRA, Bualuang, KGI, Krungthai XSpring, TISCO, Yuanta, and others. Revenue is generated through direct subscription fees for professional subscribers and TQ Professional users, plus data distribution licensing arrangements with brokerages and professional end-users. The platform covers Thai stocks, TFEX futures, FX, crypto, commodities, DRs, and ETFs with real-time data feeds, corporate action tracking, and market screening tools. Distribution is restricted to Thailand per the Terms of Service.
The company is privately held with 51-100 employees, no disclosed funding rounds, no parent company, and no acquisition history. ThaiQuest maintains an ISO/IEC 27001:2022-aligned Information Security Management System and trades under the legal name ThaiQuest Limited (บริษัท ไทยเควสท์ จำกัด). Its head office is located at Mahatun Plaza, Ploenchit Road, central Bangkok.
ThaiQuest firmographics
Firmographics- Name
- ThaiQuest
- Legal name
- ThaiQuest Limited
- Website
- https://thaiquest.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- ThaiQuest Limited provides real-time Thai market data, technical analysis, and financial information solutions through its Aspen platform, serving retail investors, professional traders, and securities brokerages across Thailand.
- Ownership category
- akta.pro rank
ThaiQuest industry classification
Industry- Product category
- Financial Market Data & Analytics Software
- NAICS
- Software Publishers (5132), Securities and Commodity Contracts Intermediation and Brokerage (5231)
- akta.pro primary industry
- Pricing & Valuation Services (Fixed Income, OTC, Derivatives) (FSAFAIAF)
Keywords
Where ThaiQuest is headquartered
LocationHeadquarters
- HQ city
- Bangkok
- HQ country
- Thailand
- HQ region
- Asia
Offices1 record
Markets served
ThaiQuest business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Aspen Subscription (via broker partnerships): Aspen is provided free to retail investors who hold accounts with partner securities brokers. The broker partnerships enable wide distribution while ThaiQuest monetizes through enterprise/data licensing arrangements with brokerages rather than direct consumer subscription.
- Direct Software Licensing: Professional subscribers and direct users pay subscription fees for Aspen and TQ Professional services, with fees based on the subscription tier purchased.
- Data Distribution Services: Distribution of real-time market data from various data suppliers to professional and non-professional subscribers under licensing agreements. Data is licensed for personal/internal business use only and may not be redistributed.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free Access via Partner Brokers |
| Subscription | Monthly | Professional Subscriber Rate |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
ThaiQuest product offering
Product offeringCore offering
ThaiQuest provides real-time market data terminals, analytics, news aggregation, and investment-analysis tools through its Aspen platform (desktop, mobile, and browser), complemented by Intellex (corporate and government-procurement data) and TQ Professional (institutional-grade financial information licensed from Teletrader Software GmbH). Aspen delivers 100+ technical chart types and indicators, market screening, ranking, real-time price alerts, and Thai corporate-action tracking (XD, XR, XW markers) across stocks, TFEX futures, FX, crypto, and commodities. Distribution is primarily through 19 Thai securities brokerages that offer Aspen free to their retail clients.
Product overview
ThaiQuest offers a portfolio of financial data and investment analysis products. The core retail product is Aspen, available as Desktop, Mobile, and Browser applications, providing real-time Thai market data, technical charting with over 100 patterns and indicators, stock screening, ranking, and news. Intellex provides corporate and business intelligence data including legal entity information, business news, and government procurement data. TQ Professional is an institutional-grade financial information service licensed from Teletrader Software GmbH. These products serve retail investors through Aspen and institutional users through TQ Professional, with Aspen free to users who open accounts with partnered brokerage firms.
Differentiator
Problem solved
Functional benefit
Brands
- Aspen: Technical analysis and investment analysis platform providing real-time market data, charts, news, screening, and ranking tools for Thai stocks, FX, crypto, commodities, and TFEX.
- Intellex
- TQ Professional
Products and services
- Aspen Professional-grade investment analysis tool providing real-time market data, technical charting with over 100 chart patterns and indicators, stock screening, ranking, and market news for Thai stocks, global indices, FX, crypto, commodities, and TFEX. Available across Desktop (Windows/macOS), Mobile (iOS/Android), and Browser with cloud sync.
- Intellex Corporate data and business intelligence platform providing legal entity information, real-time business news, and government procurement data for the Thai market.
- TQ Professional Professional financial information service providing institutional-grade market data, licensed from Teletrader Software GmbH, for professional subscribers, investment advisors, and businesses.
- Trading Solutions Trading-related solutions and services offered by ThaiQuest to complement market data products.
Companies that use ThaiQuest
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles3 records
ThaiQuest technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration18 records
Feature7 records
ThaiQuest partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered core and minor.
- AIRA SecuritiescoreAIRA Securities distributes Aspen to retail clients holding accounts with the brokerage. Clients can access Aspen Desktop and Browser versions for free.
- Beyond SecuritiescoreBeyond Securities distributes Aspen to retail clients holding accounts with the brokerage. Clients can access Aspen Desktop and Browser versions for free.
- Bualuang SecuritiescoreBualuang Securities distributes Aspen with dedicated mobile apps on Google Play and Apple App Store. Clients receive full Aspen Desktop and Browser access.
- CGS International SecuritiesminorCGS International Securities offers Aspen Browser access to clients. Aspen Desktop is not available through this broker.
- DAOL SecuritiescoreDAOL Securities distributes Aspen to retail clients. Full access to Aspen Desktop and Browser versions provided.
- DBS Vickers SecuritiesminorDBS Vickers Securities offers Aspen Browser access to clients. Aspen Desktop is not available through this broker.
- Globlex SecuritiescoreGloblex Securities distributes Aspen to retail clients. Full access to Aspen Desktop and Browser versions provided.
- Kasikorn SecuritiesminorKasikorn Securities offers Aspen Browser access to clients. Aspen Desktop is not available through this broker.
- KGI SecuritiescoreKGI Securities distributes Aspen to retail clients. Full access to Aspen Desktop and Browser versions provided.
- Kingsford SecuritiescoreKingsford Securities distributes Aspen to retail clients. Full access to Aspen Desktop and Browser versions provided.
- Krungthai XSpring SecuritiescoreKrungthai XSpring Securities distributes Aspen to retail clients. Full access to Aspen Desktop and Browser versions provided.
- Land and Houses SecuritiescoreLand and Houses Securities distributes Aspen to retail clients. Full access to Aspen Desktop and Browser versions provided.
- Pi SecuritiescorePi Securities distributes Aspen to retail clients. Full access to Aspen Desktop and Browser versions provided.
- Phillip SecuritiesminorPhillip Securities offers Aspen Browser access to clients. Aspen Desktop is not available through this broker.
- TISCO SecuritiescoreTISCO Securities distributes Aspen to retail clients. Full access to Aspen Desktop and Browser versions provided.
- Trinity SecuritiescoreTrinity Securities distributes Aspen to retail clients. Full access to Aspen Desktop and Browser versions provided.
- UOB Kay Hian SecuritiesminorUOB Kay Hian Securities offers Aspen Browser access to clients. Aspen Desktop is not available through this broker.
- Yuanta SecuritiescoreYuanta Securities distributes Aspen to retail clients. Full access to Aspen Desktop and Browser versions provided.
- Aspen Research Group LimitedcoreAspen Research Group Limited owns all intellectual property in the Aspen software. ThaiQuest is licensed to sub-license the software and redistribute the data contained therein. This is the primary technology licensing relationship for the Aspen product.
- Teletrader Software GmbHcoreTeletrader Software GmbH owns all intellectual property in the TQ Professional software. ThaiQuest is licensed to sub-license the software and redistribute the data for the TQ Professional service.
Scale indicators1 record
Recent moves6 records
Expansion highlights3 records
ThaiQuest competitors and assessment
Company assessmentRegional players
- SetSmart by The Stock Exchange of Thailand: Official market-data and analytics portal operated by the Stock Exchange of Thailand, providing real-time SET/TFEX quotes, fundamentals, and research. The most direct Thailand-specific comparable for Aspen in terms of asset-class coverage, though exchange-operated rather than independent.
Direct peers
- eSignal (ION Group): Real-time market-data and charting platform used by active retail and professional traders. Comparable to ThaiQuest's real-time data distribution and Aspen/TQ Professional offerings, particularly for users needing direct data-feed access.
- Finviz: Retail-focused stock screener and charting platform with strong financial-data aggregation. Overlaps directly with Aspen's market screener, fundamental views, and charting features for self-directed retail investors.
- StockCharts.com: Subscription-based technical analysis and charting platform serving retail investors with similar tools (chart types, indicators, alerts, scans). Closely comparable to Aspen's core charting and analysis proposition, with a similar target customer of technically-inclined retail traders.
- Investing.com: Global financial data portal providing real-time quotes, charts, news, and economic calendars across stocks, FX, commodities, and crypto. Overlaps heavily with ThaiQuest's Aspen on data, news aggregation, and screening, and is actively expanding in Southeast Asian markets.
- MetaStock: Long-standing desktop technical-analysis software for retail and professional traders with charting, backtesting, and real-time data feeds. Comparable to Aspen Desktop in delivery model (downloadable software) and target user (technical traders).
- TradingView: Global retail-focused charting and market analysis platform with multi-asset coverage (stocks, FX, crypto, futures) and 100+ technical indicators. Directly comparable to Aspen in core functionality (charts, screeners, alerts, cloud sync) and competes for the same retail-investor user, though globally rather than Thailand-specific.
Broad incumbents
- Bloomberg L.P. Global institutional financial data, analytics, and terminal provider. Overlaps with ThaiQuest's TQ Professional offering for institutional market-data subscribers, but operates across all asset classes and geographies rather than specializing in Thailand.
- LSEG (Refinitiv): Major financial-market data and infrastructure provider (formerly Refinitiv/Eikon). Comparable to ThaiQuest's TQ Professional for institutional data distribution and competes for the same professional subscriber wallet, though at a much broader, global scale.
Others
- Teletrader Software GmbH: European financial-software vendor whose technology underpins ThaiQuest's TQ Professional offering under a licensing arrangement. Closely related as both a technology supplier and a vendor of comparable professional market-data terminals in other geographies.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Customer concentration
ThaiQuest social profiles
Digital presenceThaiQuest compliance and trust
Trust signalCompliance1 record
ThaiQuest financial estimates
Financial estimateRevenue estimate
Valuation estimate
ThaiQuest leadership team
Management profileNumber of profiles
ThaiQuest funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ThaiQuest M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ThaiQuest
What does ThaiQuest do?
ThaiQuest provides real-time market data terminals, analytics, news aggregation, and investment-analysis tools through its Aspen platform (desktop, mobile, and browser), complemented by Intellex (corporate and government-procurement data) and TQ Professional (institutional-grade financial information licensed from Teletrader Software GmbH). Aspen delivers 100+ technical chart types and indicators, market screening, ranking, real-time price alerts, and Thai corporate-action tracking (XD, XR, XW markers) across stocks, TFEX futures, FX, crypto, and commodities. Distribution is primarily through 19 Thai securities brokerages that offer Aspen free to their retail clients.
Is ThaiQuest a public or private company?
ThaiQuest is a private company. It is classified as unknown and is currently operating.
When was ThaiQuest founded?
ThaiQuest was founded in 2004. It employs 51 to 100 people.
Where is ThaiQuest based?
ThaiQuest is headquartered in Bangkok, Thailand, in the Asia region.
How does ThaiQuest make money?
Three revenue lines are on record. Aspen Subscription (via broker partnerships) is the primary driver. The others are direct Software Licensing and data Distribution Services.
Who are ThaiQuest's main competitors?
SetSmart by The Stock Exchange of Thailand is listed as a regional player. Direct peers are eSignal (ION Group), Finviz, StockCharts.com, Investing.com, MetaStock and TradingView. Broad incumbents are Bloomberg L.P. and LSEG (Refinitiv). Teletrader Software GmbH is listed as an others.
Does ThaiQuest have an API?
No public API is recorded for ThaiQuest.
What industry is ThaiQuest in?
ThaiQuest's product category is Financial Market Data & Analytics Software. Its primary akta.pro industry code is FSAFAIAF, Pricing & Valuation Services (Fixed Income, OTC, Derivatives). Its NAICS code is 5132.