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How to Buy Stocks Online in Korea

A list of the most useful apps for online stock investing in Korea. Learn how to buy stocks easily and safely

How to Buy Stocks online in Korea | HAN GANG MAGAZINE
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One of the most frequent questions long-term expats living in Korea have is “How do I buy Korean stocks online?”

To answer this question, HAN GANG MAGAZINE has an entire Money Page dedicated entirely to personal finance, money management, small business, savings, banking & investing in South Korea.

Personal Finance Money Page | HAN GANG MAGAZINE
HAN GANG MAGAZINE Money Page

Our partner, Sekki Deul YouTube, has an entire series on Investing in Korea. Be sure to check it out!

Buying stocks online in Korea

If you’re a long-term expat living in Korea, then financial planning of some sort is in your interest. Find out how to find the best stock brokerage app in Korea.

Of course, many foreigners in Korea are interested what, if any, stock investment options are available for foreigners.

The good news is Korea has a robust, tech-driven retail investment environment, including tons of phone apps. The bad news is that anything related to legal or financial issues in Korea becomes very difficult and annoying for foreigners.

Issues can be anything from your Western last name being cut-off by Korea’s 3-syllable name system, lack of English language ability, inability to verify foreigners’ bank and/or alien registration numbers, and much more.

List of Stock Investing Apps in Korea

The following is a comprehensive list of stock investment apps in Korea. Note you are going to need to know how to at least write/type hangul using a Korean keyboard. You can easily copy paste these into iOS or Android.

  • BNK투자증권
  • BNP파리바증권
  • CIMB증권
  • CITI증권
  • CLSA증권
  • DB금융투자
  • DS투자증권
  • IBK투자증권
  • ING증권
  • JP모간증권
  • KB증권
  • KR투자증권
  • KTB투자증권
  • NH투자증권
  • SK증권
  • UBS증권
  • 골드만삭스증권
  • 교보증권
  • 노무라금융투자
  • 다이와증권
  • 대신증권
  • 도이치증권
  • 리딩투자증권
  • 맥쿼리증권
  • 메리츠증권
  • 메릴린치증권
  • 모건스탠리증권
  • 미래에셋대우
  • 미즈호증권
  • 부국증권
  • 삼성증권
  • 상상인증권
  • 신영증권
  • 신한금융투자
  • 유안타증권
  • 유진투자증권
  • 유화증권
  • 이베스트투자증권
  • 초상증권
  • 카카오페이증권
  • 케이프투자증권
  • 코리아에셋투자증권
  • 크레디아그리콜증권
  • 크레디트스위스증권
  • 키움증권
  • 하나금융투자
  • 하이투자증권
  • 한국스탠다드차타드증권
  • 한국SG증권
  • 한국투자증권
  • 한국포스증권
  • 한양증권
  • 한화투자증권
  • 현대차증권
  • 홍콩상하이증권
  • 흥국증권

Best Stock Investing App in Korea

Some personal research has indicated that these apps are the most highly recommended:

https://img1.daumcdn.net/thumb/R1280x0/?scode=mtistory2&fname=http%3A%2F%2Fcfile6.uf.tistory.com%2Fimage%2F9931064F5DA53361154CA1
Mirae Asset 미래에셋대우 is regarded as the best stock app for regular Koreans

Can foreigners sign up for stock apps in Korea?

You don’t need to actually be fluent in Korean to sign up for many of these, but you will need to have some low level to understand where to input your name, information, and not lose your entire bank account.

Each of these apps has its own hurdles for foreigners. As I mentioned above, some may limit the character field for your name because Koreans only have 3 syllable names.

Further, foreigners often are excluded from certain promotions like commission-free trading. If you are into day trading as a retail investor, this is a HUGE drawback, so be warned.

How easy is it to use stock apps in Korea?

I’ve been using the mobile app for Mirae Asset Daewoo for a few years now. I am known among my peers as the guy to go to for “signing up for the Korean Internet”, as I know a lot of Korean Internet vocabularly.

Personally, if you are the type of person who gets easily frustrated, then you will want to get a Korean friend to help you. I’ve been fine with it, but each person has a different user experience.

However, if you are only interested in stocks and ETFs, most of these apps will be perfectly fine, especially if you get a Korean to help you set it up. As you probably know, “passive” investing is exactly what it is: passive. So you won’t be messing with too much once you get it set up.

For other vehicles like ELWs, options, and such, you probably shouldn’t even touch those if you’re not fluent in Korean. Even if you are, you shouldn’t touch them unless you’re a financial professional.

Final word

Investing in stocks is something a lot of professional expats living in Korea are interested in but have trouble starting. I hope this helped you the reader out.

If you have any more brokerages that are open to foreigners, PLEASE leave a comment. I’d be interested myself!

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