Kiwoom Securities, Brokerage-type ISA Launch Event... "Cash and Gifticons Included"

[Asia Economy Reporter Park Jihwan] Kiwoom Securities announced on the 1st that it will hold a promotional event to commemorate the launch of the brokerage-type ISA, which provides investment support funds and gifticons.

This event offers a free trial support fund of 5,000 KRW to the first 100,000 customers who open a Kiwoom Securities brokerage-type ISA account to experience investing. Additionally, if you deposit more than 1 million KRW, you will receive a Twosome Place mobile gifticon (up to 30,000 KRW) based on the net increase in deposit amount.

The Kiwoom Securities brokerage-type ISA account can be easily opened after non-face-to-face account registration with Kiwoom Securities through the ‘Kiwoom Kok! ISA’ app or the ‘ISA Account Opening’ page on the website. It can be conveniently traded through Kiwoom Securities MTS (Hero Moon S) and HTS (Hero Moon), just like a regular account.

A Kiwoom Securities official said, "We hope that customers prepare for the brokerage-type ISA, which allows direct investment in domestic stocks and various financial products, secure the annual contribution limit of 20 million KRW, and enjoy various benefits through this event."

From 2023, with the introduction of financial investment income tax, capital gains exceeding the basic exemption of 50 million KRW on domestic listed stocks invested through a general account will be taxed at 20% or more. However, brokerage-type ISA accounts receive full tax exemption benefits without any limit.