Kiwoom Securities Launches 'Daily, Weekly, Monthly Accumulation' Service for US Stocks

Kiwoom Securities announced on the 25th the launch of the ‘Stock More’ (installment investment service), which allows automatic purchase of US stocks on a daily, weekly, or monthly basis.

The ‘Stock More’ service offers zero commission fees and zero currency exchange costs when purchasing US stocks through installment investments. Additionally, cash coupons are provided, offering an unprecedented benefit to steadily accumulate stocks at a low cost. Approximately 80,000 customers participated in the pre-registration event held before the launch, demonstrating high interest in the service.

First-time customers of Kiwoom Securities will receive cash coupons worth up to 90,000 KRW. New customers who open a Kiwoom Securities account after 2025 will receive a 90,000 KRW coupon, while existing customers who already have a Kiwoom Securities account will receive a 20,000 KRW coupon, both guaranteed 100%. Furthermore, an additional event is ongoing where sharing the service via KakaoTalk can earn customers fractional shares of Tesla stock.

The service can be accessed through the ‘Stock More’ menu within the YoungwoongmunS# app. A Kiwoom Securities representative stated, “More than 80,000 customers participated in pre-registration before the service launch, showing great interest,” and added, “US stocks can be automatically accumulated without purchase commissions or currency exchange fees, and up to 90,000 KRW in cash coupons are provided for additional orders each time, offering unprecedented benefits to both customers who have been investing in US stocks through installment plans and those who are starting anew.”

Meanwhile, Kiwoom Securities has ranked first in overseas stock trading volume for three consecutive years (2021?2023, based on Financial Supervisory Service electronic disclosures) and continues to offer various benefits to customers trading US stocks. First-time US stock traders receive a $33 investment support fund and enjoy zero commission fees on US stock trades for three months. Additionally, an event is ongoing where customers transferring overseas stocks from other firms to Kiwoom Securities can receive up to 4 million KRW.

For more details, please visit the official Kiwoom Securities website or the mobile app (YoungwoongmunS#).

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