Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

KIWOOM SECURITIES

South Korea South Korea | 5-10 years |
Suspicious Regulatory License | High potential risk

https://www.kiwoom.com/h/ir/en/main

Website

Rating Index

Influence

Influence

A

Influence Index NO.1

South Korea South Korea 8.96
Surpassed 15.00% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+82 2-3787-5236
https://www.kiwoom.com/h/ir/en/main
18, Yeouinaru-ro 4-gil, Yeongdeungpo-gu, Seoul, Korea

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
South Korea
Operating Period
5-10 years
Company Name
KIWOOM SECURITIES Corp.
Email
ir@kiwoom.com
Contact Number
+82237875236
Trading Strategy
Business Region
Verified Site
About Us
Wiki Q&A
Comment

Users who viewed KIWOOM SECURITIES also viewed..

CPT Markets

CPT Markets

8.53
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
CPT Markets
CPT Markets
Score
8.53
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
STARTRADER

STARTRADER

8.57
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
STARTRADER
STARTRADER
Score
8.57
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
vantage

vantage

8.70
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
vantage
vantage
Score
8.70
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
fpmarkets

fpmarkets

8.88
Score
ECN AccountAbove 20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
fpmarkets
fpmarkets
Score
8.88
ECN AccountAbove 20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
Search Sources
Target Language
Market Analysis
Ad Placement

Verified Site

  • kiwoom.com
    112.175.65.11
    Server Location
    South Korea South Korea
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    1999-12-23
    Website Name
    WHOIS.YESNIC.COM
    Company
    WHOIS NETWORKS CO., LTD.

Company Profile

Company Profile

Review summary

KIWOOM SECURITIES Review Summary
Founded2000
Registered Country/RegionSouth Korea
RegulationNo regulation
Trading ProductsStocks, bonds, debt, securities, futures, options, derivatives, mezzanine, private equity, arbitrage
Demo Account
Trading PlatformHeroic Gate-Series (PC), Heromoon S#-Series (mobile)
Min Deposit/
Customer SupportTel: +82-2-3787-5236
Fax: +82-2-3787-5136
Email: ir@kiwoom.com
Company address: 96 Uisadang-daero, Yeongdeungpo-gu, Seoul, Korea (TP Tower)

Founded in 2000, KIWOOM SECURITIES is an unregulated Korean securities company, offering trading services in stocks, bonds, debt, securities, futures, options, derivatives, mezzanine, private equity, and arbitrage with multiple trading platforms to choose from.

homepage

Pros and Cons

ProsCons
Diverse trading productsNo regulation
Demo accountsKorean reading threshold
Clear fee structureUnclear minimum deposit
Multiple trading platforms

Is KIWOOM SECURITIES Legit?

No, although KIWOOM SECURITIES has a variety of businesses, there is no information to prove that international or local financial institutions regulate KIWOOM SECURITIES.

Is KIWOOM SECURITIES Legit?

What Can I Trade on KIWOOM SECURITIES?

Kiwoom Securities provides online brokerage services in Korea and internationally.

The company offers online trading services, including domestic and international equities, futures, foreign exchange margin trading, equities, futures and options trading, and is also involved in financial derivatives, equity capital market services, debt capital market services, and banking and financial services for local residents and small and medium-sized businesses.

Tradable InstrumentsSupported
Stocks
Bonds
Debt
Securities
Futures
Options
Derivatives
Mezzanine
Private Equity
Arbitrage
Commodities
Indices
Cryptocurrencies

KIWOOM SECURITIES Fees

Stock Fee

Kiwoom Securities offers a range of trading services with fees varying from 0.015% to 0.5% for stocks, 0.5% for futures, 0.0051949% for bond transactions, and additional taxes and fees for sales, with special discounts for new and visually impaired customers, and a tiered margin collection rate.

KIWOOM SECURITIES Fees

Options Fee

Kiwoom Securities charges varying option fees based on the price unit, with rates ranging from 0.14% to 0.2% plus additional won for KOSPI and KOSDAQ options, and a tiered fee structure for individual stock options and U.S. Dollar options.

Options Fee

Foreign Stocks Fee

Kiwoom Securities offers foreign stock trading with varying fees depending on the country, ranging from 0.23% in Japan to 0.6% in Indonesia, and specific tax rates and minimum fees, with a consultation fee standard based on asset deposits and transaction amounts.

Foreign Stocks Fee

Overseas Futures & Options Fee

Kiwoom Securities charges overseas futures and options fees ranging from $2 to $10 online and $4 to $10 offline, depending on the currency and contract size, with specific margin requirements for each product.

Overseas Futures & Options Fee

FX Margin Fee

Kiwoom Securities offers a FX margin fee structure with no trading fees, only spread fees, and a negotiable fee of up to USD 2.5 per contract for select customers based on factors like average commitment, customer grade, and profit contribution, with a minimum application period of 1 month and a maximum of 6 months.

FX Margin Fee

CFDs Fees

Kiwoom Securities' CFD service offers a commission structure with online and offline rates of 0.15% for domestic and foreign stocks, and a tiered consultation fee ranging from 0.11% to 0.15% based on the customer's base commitment, with additional position costs for buying off and selling.

CFDs Fees

Spot Gold Fee

Kiwoom Securities charges spot gold fees of 0.3% for Heroic Gate 4 and Heromoon S, with included VAT and additional small fees, and 0.5% for Kiwoom Financial Center transactions, also including VAT.

Spot Gold Fee

Bond Fee

Kiwoom Securities offers a reduced OTC bond fee system with rates from 0% to 0.15% depending on the bond's maturity, and a consultation fee for purchasing Brazilian government bonds online, with rates over 0.08% to 0.09% per annum based on the transaction amount.

Bond Fee

Kiwoom Securities offers free transfers within its network and charges KRW 500 for third-party withdrawals, KRW 2,000 to 5,000 for subscriptions, and KRW 2,000 to 10,000 for shipping and document services.

Bond Fee

Trading Platform

Kiwoom Securities provides multiple trading platforms including Heroic Gate 4 for domestic stocks, Heroic Gate Global for international commodities, Heroic Gate EASY and Lightning3 for simplified trading interfaces, and Heromoon S# and T Plus for mobile and tablet access, respectively, along with Securities Plus and Securities Box for investment information and quick stock checks.

Trading Platform
Trading Platform

Company Profile

  • 5-10 years
  • Suspicious Regulatory License
  • High potential risk

Wiki Q&A

Is it risky to trade with KIWOOM SECURITIES?

Yes, this is a high-risk, unregulated entity. KIWOOM SECURITIES operates without any recognized financial market regulation for forex trading, a major risk factor reflected in its low WikiFX Score of 1.50.

04-02
United States

Which regulator oversees KIWOOM SECURITIES?

KIWOOM SECURITIES Corp. does not hold any recognized forex trading licenses; it operates without the oversight of a mainstream financial regulatory authority.

04-02
United States

When was KIWOOM SECURITIES established?

KIWOOM SECURITIES Corp. has been operating for between 5 and 10 years.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States
View More
Post a Review
Exposure
Exposure
Neutral
Neutral
Positive
Positive

Share your experience

Required...

Submit Now
Write a Review
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com