Meritz Securities, Lowest Fee Reduction Event for Domestic Stocks and CFD Online Trading

[Asia Economy Reporter Lee Seon-ae] Meritz Securities announced on the 28th that it will hold an event to reduce the online trading commission fees for domestic stocks and CFDs to the industry's lowest level starting March 1st.

New and dormant customers who open non-face-to-face accounts by selecting the Digital Finance Center as their management branch will receive a "lifetime preferential" benefit on domestic stock online trading commissions. Customers who open accounts non-face-to-face by the end of this year will automatically receive lifetime preferential online trading commission rates of 0.0036396% for domestic stocks and 0.0042087% for ELW, ETF, and ETN. The preferential benefit is limited to one account per person.

There is also a commission reduction benefit for domestic stock CFD trading, which is a product exclusively for individual professional investors. Until the end of the year, non-face-to-face customers will have their domestic stock CFD online trading commission reduced from 0.015% to 0.01%. For face-to-face customers, the online trading commission will be lowered from 0.10% to 0.07%.

Meritz Securities is also conducting an event until the end of April for non-registered non-face-to-face account customers, applying the industry's lowest trading commission rates of 0.05% for US, Japan, and Hong Kong stock CFDs, and 0.1% for Chinese stock CFDs.

Benefits are provided to customers who register as individual professional investors. Until the end of June, individual professional investors who hold accounts at other securities firms and complete their individual professional investor registration with Meritz Securities, then trade domestic or overseas stocks, will receive a 100,000 KRW mobile Shinsegae gift certificate. Additionally, if they also trade CFDs, they will receive another 100,000 KRW gift certificate. Applications for individual professional investor conversion can be made through the mobile app "Meritz SMART."

Song Young-gu, Executive Director of the Retail Business Division, said, "We prepared this event so that individual professional investors can start trading at Meritz Securities without burden," adding, "With this event, Meritz Securities now offers the industry's lowest commission rates for domestic stocks, overseas stocks, and CFDs, and will continue to provide products and benefits specialized for individual professional investors in the future."

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