On November 9, Eugene Investment & Securities announced the launch of its 'U.S. Stock Fee Subscription Service' aimed at helping investors reduce trading fees and manage their assets more efficiently.
The U.S. Stock Fee Subscription Service allows users to pay a fixed monthly subscription fee instead of the traditional model where fees are charged based on the transaction amount for each trade. This subscription model enables investors to trade U.S. stocks freely within a predetermined limit.
Users can set their monthly fee in advance, allowing for better management of trading costs.
This service is particularly suitable for investors who frequently trade U.S. stocks and face high fee burdens, as well as those looking to manage their expenses predictably.
The subscription tiers are tailored to the investor's monthly trading volume and include three options: Pro, Master, and Ultra. The Pro tier costs 490,000 won per month for trading volumes under 10 billion won, the Master tier costs 690,000 won for volumes under 20 billion won, and the Ultra tier costs 990,000 won for unlimited trading without volume restrictions. For the Pro and Master tiers, a fee of 0.07% applies only to amounts exceeding the agreed limit.
To assist customers in making informed choices, Eugene Investment & Securities has also introduced a 'Fee Rate Calculator.' By entering their usual monthly trading volume and current fee rates, users can quickly calculate expected costs and determine the optimal subscription tier.
Additionally, the subscription status screen provides a comprehensive overview of paid subscription fees, fee application details, and monthly trading volume trends. This allows subscribers to continuously assess whether their actual trading volume aligns with their current subscription tier.
This service applies to U.S. stock trading through Eugene Investment & Securities' HTS and MTS platforms, with easy management of subscription applications and cancellations available through the 'Subscription Service Management' screen. Subscriptions automatically renew each month, and if canceled early, the remaining subscription fee will be prorated and refunded.
Jung Jong-won, head of the Digital Business Division, stated, "As trading in U.S. stocks has become more active, we have actively reflected customer feedback regarding the difficulty of estimating accumulated fee burdens in advance. This service is designed to help investors systematically manage costs according to their trading volume by confirming expenses in advance."
For more details about the 'U.S. Stock Fee Subscription Service,' customers can visit the Eugene Investment & Securities website or check the HTS and MTS guidance screens, or contact the customer satisfaction center.
However, it is important to note that the subscription fee is charged regardless of actual trading activity, and costs may exceed those of the existing fee structure depending on trading volume. Excessive trading may lead to principal losses, and additional fees from regulatory bodies, such as the SEC Fee, will be charged separately from the subscription fee. Therefore, customers should thoroughly review the conditions and precautions for each tier before applying for the service.
* This article has been translated by AI.
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