"Overseas Stock Investment Available on K-Bank"…Korea Investment & Securities Launches Minisstock-K-Bank Linked Service

[Asia Economy Reporter Koh Hyung-kwang] Korea Investment & Securities announced on the 14th that it will start a linked service allowing users to access the overseas stock investment service 'MiniStock' through the KakaoBank app.

MiniStock is a service that enables trading overseas stocks, which previously had to be purchased in whole shares, in units of 1,000 KRW without separate currency exchange. Since its launch on the 11th of last month, the app has been downloaded 100,000 times in about two weeks, with users rapidly increasing.

With the MiniStock and KakaoBank linked service, users can open a stock account with Korea Investment & Securities through the KakaoBank app, subscribe to MiniStock, and trade desired overseas stocks such as Apple, Tesla, and Amazon. Additionally, deposits and withdrawals between the KakaoBank account and the stock account have been simplified. This service is available from 4 PM today.

To commemorate the launch of MiniStock, Korea Investment & Securities is offering overseas stocks worth up to 10,000 KRW to new subscribers until the 31st of next month. Also, for trades under 10,000 KRW per month, users can trade up to 10 times monthly without fees. Detailed information can be confirmed through the Korea Investment & Securities customer center.

This content was produced with the assistance of AI translation services.