“U.S. Stock Trading Fees, Now by Subscription” ... Eugene Investment & Securities Introduces Flat Monthly Pricing

[Financial News] Eugene Investment & Securities has introduced a subscription service that lets customers pay a flat monthly fee for U.S. stock trading. Unlike the existing system, in which fees are charged in proportion to the transaction amount, customers can pay a set amount in advance and trade without additional fees within their agreed limit.
According to the financial investment industry on the 9th, the “U.S. Stock Trading Fee Subscription Service” launched by Eugene Investment & Securities has three monthly tiers, ranging from 490,000 to 990,000 won. The Ultra plan costs 990,000 won per month and has no transaction amount limit. The Master plan costs 690,000 won per month and covers transaction amounts below 20 billion won, while the Pro plan costs 490,000 won per month and covers amounts below 10 billion won. Purchases and sales are combined when calculating transaction amounts, and a 0.07% fee applies to any amount exceeding the agreed limit.
Users can enter their average monthly transaction amount and current fee rate to compare their estimated costs with a subscription. They can sign up for or cancel the service through the home trading system (HTS) or mobile trading system (MTS). If they cancel before the end of the term, they will receive a prorated refund for the remaining subscription period. However, the subscription fee is charged whether or not users actually trade, and fees such as the United States Securities and Exchange Commission (SEC) fee must be paid separately.
Jeong Jong-won, head of the Digital Business Division at Eugene Investment & Securities, said, “We have actively taken into account customers’ feedback that, with U.S. stock trading becoming more active recently, it is difficult to anticipate the burden of accumulating fees. The service is designed to let investors determine their trading costs in advance and manage them systematically in line with their trading volume.”
Meanwhile, Eugene Investment & Securities previously held an event in August last year offering a three-year waiver of U.S. stock trading fees to new applicants for overseas stock trading and users who had not traded for a long time.

[email protected] Im Sang-hyeok Reporter