KB Securities Launches 0.07% Online Fee Event for Overseas Stocks
[Asia Economy Reporter Oh Ju-yeon] KB Securities announced on the 1st that it will hold a "0.07% Online Commission Event for Overseas Stocks" for three months from this month until February 28 of next year.
This event offers an online commission rate of 0.07% for trading in the US, China, Hong Kong, and Japan markets to customers who trade overseas stocks for the first time at KB Securities and apply for the event. The commission benefit is provided for three months from the date of event application. (If applied before the regular market closing time of the trading country, the benefit is retroactively applied to the same day's trades.)
KB Securities also provides the Global One Market service, which allows trading overseas stocks without foreign exchange fees. The Global One Market service enables integrated trading of six major markets?US, China, Hong Kong, Japan, Vietnam, and Korea?in Korean won, allowing free cross-market trading without separate currency exchange procedures. Since its launch in January 2019, the number of subscribed accounts has surpassed 400,000, establishing it as the basic platform for KB Securities' overseas stock trading.
As the first in the industry, KB Securities collaborated with Dunamu to open US stock trading services within the Securities Plus application and newly launched an investment guide screen on online media such as the Mobile Trading System (MTS) ‘M-able,’ providing overseas stock/ETF card news and video content to expand accessibility to overseas stocks. Additionally, KB Securities is striving to build a customer-friendly overseas stock trading environment by expanding US market pre-market trading hours (currently available from 9 PM, and from 8 PM during daylight saving time).
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Ha Woo-sung, Head of M-able Land Tribe, said, “With growing customer interest in global investment assets, we prepared this event to reduce the commission burden for customers trading overseas stocks for the first time,” adding, “We will continue to do our best to enhance customer satisfaction by improving the convenience of overseas investment.”
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