KB Securities Offers Discount on Overseas Futures Fees and Cash Reward Event
100 Manwon Awarded to 10 People Through a Draw
[Asia Economy Reporter Minwoo Lee] KB Securities is offering a promotion that provides discounted commissions and cash rewards to customers trading overseas futures.
KB Securities announced on the 12th that it will hold an overseas futures "Discounted Commissions + Cash Rewards" event until December 10. This promotion offers cash rewards in addition to the previously provided commission discounts for new customers.
For the cash rewards, among all trading customers, 10 customers who achieve a cumulative trading volume of 5,000 contracts or more during the event period will be selected by lottery to receive 1,000,000 KRW. Additionally, over approximately 9 weeks of the event, 10 customers who achieve a weekly trading volume of 100 contracts or more will be selected weekly by lottery to receive 100,000 KRW. Both rewards can be won simultaneously. However, when calculating contract volume, one micro product contract is counted as 0.1 contracts. A tax and public charges of 22% are borne by the customer.
The discounted commission event targets new customers and long-term inactive customers who have not traded since December 31 of last year. It offers a 3-month online commission discount from the application date for major micro products and general and mini overseas futures products traded on the Chicago Mercantile Exchange (CME) in the United States.
The applicable discounted commissions are $0.75 per contract for micro products such as Micro Nasdaq 100 (MNQ), Micro S&P 500 (MES), Micro EUR/USD (M6E), and $2.50 per contract for mini products such as E-mini Nasdaq 100 (NQ), E-mini S&P 500 (ES), and E-mini Dow $5 (YM). Additionally, the first 100 customers who trade at least one contract will receive a coffee gifticon worth approximately 30,000 KRW. Details on additional applicable products and the promotion can be found on the KB Securities website.
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Lee Hong-gu, Head of WM Division at KB Securities, said, "We will continue to do our best to enhance customer accessibility to overseas markets through customer-centered overseas investment services."
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