Kiwoom Securities announced on the 17th that the number of participants in the “Pre-registration Up to 100,000 KRW Giveaway” event, held ahead of the launch of the “Stock More Accumulation” (installment investment service) that allows automatic purchase of U.S. stocks on a daily, weekly, or monthly basis, surpassed 70,000 on the 14th of this month, showing high interest.
Kiwoom Securities’ “Stock More Accumulation” service offers 0% purchase commission and 100% preferential foreign exchange rates when trading U.S. stocks on an installment basis. Additionally, with cash coupons included, it provides an unprecedented benefit to steadily accumulate stocks at a low cost.
Pre-registration customers will receive cash coupons worth up to 100,000 KRW. Customers who open a new Kiwoom Securities account this year will receive a 100,000 KRW coupon, while existing customers with a Kiwoom Securities account will receive a 30,000 KRW coupon. Sharing the pre-registration event via KakaoTalk also grants additional benefits, including fractional shares of Tesla.
Participation in the event is available on the Kiwoom Securities mobile homepage. To receive the benefits, customers must open a Kiwoom Securities non-face-to-face account by March 7. The issued cash coupons can be checked on the “Stock More Accumulation” screen within the HeroMoonS# app on the service launch date. Pre-registered customers will be separately notified via KakaoTalk or text message.
A Kiwoom Securities representative stated, “More than 70,000 customers have participated in pre-registration even before the service launch, showing great interest,” adding, “This service allows automatic installment purchases of U.S. stocks without purchase commissions or foreign exchange fees, and provides cash coupons up to 100,000 KRW, offering unprecedented benefits to customers considering starting U.S. stock investment.” They further added, “Since the event is expected to end early, customers who have not yet applied are encouraged to participate quickly.”
Meanwhile, Kiwoom Securities has ranked first in overseas stock trading volume for three consecutive years (2021?2023, based on Financial Supervisory Service electronic disclosure). Currently, it is running a stock giveaway event where customers can receive U.S. representative big-tech stocks such as Apple and Tesla with no risk of losing out. First-time U.S. stock trading customers receive a $33 investment support fund and enjoy zero U.S. stock commissions for three months. Additionally, customers transferring overseas stocks from other companies to Kiwoom Securities are eligible for an event offering up to 3 million KRW.
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