Samsung Securities "No Commission for Buying US Stocks Online"
[Asia Economy Reporter Ji-hwan Park] Samsung Securities announced on the 2nd that it will hold an event applying a 0% commission for one month when purchasing US stocks online.
This event was prepared in line with the policy of Jang Seok-hoon, CEO of Samsung Securities, to expand the investment base, aiming to provide individual investors with an opportunity to more conveniently conduct global portfolio investments.
The event targets customers who have not traded overseas stocks from January 1, 2015, to February 28, 2021. The application period for the event is until June 30.
After applying for the event, a 0% commission will be applied for the first month when buying US stocks online for one month. For the following 11 months, the online overseas stock trading commission will be 0.09%, and the overseas ETF·ETN commission will be 0.045%. Even when the event commission is applied, the SEC Fee (0.00051%) will be incurred upon selling.
Not only the US but also China (Shen-Hu and Ho-Hang Tong), Hong Kong, Japan, and six European countries (the UK, Germany, France, Belgium, the Netherlands, Portugal) will have an online trading commission of 0.09% (ETF·ETN 0.045%) applied for 12 months from the event application date. Additionally, a preferential exchange rate benefit will be available for one year from the application date, with a 95% preferential exchange rate applied based on the US dollar.
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Event applications are only available for accounts opened non-face-to-face. The benefits apply only to the account selected at the time of application.
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