Hi Investment & Securities, Domestic Stock Trading Event for New and Dormant Non-Face-to-Face Customers

[Asia Economy Reporter Minji Lee] Hi Investment & Securities announced on the 9th that it will hold a domestic stock trading event for new and dormant non-face-to-face customers until March 9.

First, the online trading commission for domestic stocks will be applied at 0.01%. For futures and options, a commission discount benefit will be provided for 3 months, and if there is at least one trading record, it will be provided for up to 6 months. Trading through YesTrader, a system trading partnership service, is also applicable.

If domestic stocks worth more than 10 million KRW are transferred from other securities companies to Hi Investment & Securities Smart Branch or deposited in cash and traded over 10 million KRW, up to 1 million KRW in cash will be paid.

Additional cash will be paid according to the weekly domestic stock trading amount. Over a total of 9 weeks, if the weekly stock trading amount is over 10 million KRW, one Starbucks Americano gifticon will be given; if over 300 million KRW, 30,000 KRW; and if over 1 billion KRW, 50,000 KRW in cash will be paid.

Preferential interest rates are also offered so that customers can use margin loans without worry even if the base interest rate rises. When applying for a margin loan, the interest rate for each tier will be reduced by 2 percentage points for 2 years, and when purchasing stocks using margin loans, the margin loan interest incurred within 10 days including the first settlement date will be paid in cash (up to 100,000 KRW).

An event for US stock trading is also being held. The online trading commission for US stocks is provided at 0.069%, and the real-time US stock price inquiry service is offered free of charge for one year from the account opening date. If US stocks are traded during the last 3 months before the service ends, the service will be provided free for an additional year.