AIM Further Lowers Korea Investment & Securities Customer Trading Fees to 0.15%

[Asia Economy Reporter Minji Lee] Aim, the No.1 fintech personal asset management service, announced on the 30th that it has partnered with Korea Investment & Securities to offer commission benefits to Aim users.

Aim plans to apply an online trading commission rate of 0.15% for customers using Korea Investment & Securities. This commission reduction adds an additional 6.25% discount on top of Aim’s existing commission benefits. Since 2017, Aim has linked its account opening service with Korea Investment & Securities, achieving an average annual account growth rate of 643% to date.

This trading commission benefit is available to anyone who opens a non-face-to-face account with Korea Investment & Securities through Aim. Aim has continuously pursued commission reductions for customers since its establishment to enhance user benefits. In the first quarter of 2017, when the beta service was launched, trading commissions and minimum commissions per overseas stock were permanently waived. Last year, trading commissions and foreign exchange commissions were further reduced in the second and fourth quarters, respectively.

Jihye Lee, CEO of Aim, stated, “Aim’s stable profit performance has spread by word of mouth, steadily increasing the number of users every month, and the number of securities accounts opened with Korea Investment & Securities, which provides linked services, has significantly increased over the years. Based on our social mission of maximizing profits and popularizing personal asset management, we plan to offer various benefits that can reduce the investment burden on users.”

Meanwhile, Aim is the largest company in the advisory asset field for general (individual) investors, with a cumulative user base exceeding 620,000 as of the end of November. The cumulative managed assets amount to 374 billion KRW, and the app has been downloaded over 1 million times. The contract renewal rate among existing customers is 91%, and the additional deposit rate is 41%. Recently, Aim recorded a 4-year cumulative return of 37.38% and an average annual return of 8.16%, setting a new record for the highest returns ever.

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