The practice of accumulating small amounts of stocks, akin to a savings plan, is gaining traction in South Korea. As the domestic stock market has experienced significant fluctuations this year, investors are increasingly interested in systematic investment plans that allow them to steadily build their portfolios rather than making large, one-time investments.
According to the financial investment industry on October 1, following the volatile market conditions of June and July, there is a growing demand for consistent investments rather than worrying about the timing of purchases. Investors can set their desired stocks, amounts, and intervals, allowing for automatic purchases of domestic and international stocks and exchange-traded funds (ETFs) through stock accumulation services.
Companies offering stock accumulation services include Toss Securities, Kakao Pay Securities, Samsung Securities, and Hana Securities. Recent analysis by Samsung Securities revealed that 91% of customers who have used the service for over six months continue to utilize it. Additionally, 67% of these users manage two or more stock accumulation plans simultaneously.
Kakao Pay Securities reports approximately 1.2 million users of its stock accumulation service, with over 90% actively using it. A notable feature is the 'Profit Accumulation' function, introduced at the end of last year, which allows for automatic additional purchases when the individual stock's return falls below a certain level.
Hana Securities has also joined the trend by launching a new mobile trading system, 'Hana Securities V,' which enables automatic purchases of domestic and foreign stocks and ETFs based on predetermined amounts and intervals. A representative from Hana Securities stated, "As demand for stable investments continues amid recent market conditions, interest in diversified investments is also rising, leading to consistent use of this service."
A representative from the securities industry noted, "As market volatility increases, there is a trend toward spreading out investments over time rather than making lump-sum investments. In response to this trend, securities firms are expanding related services by adding various conditions to automatic purchases."
* This article has been translated by AI.
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