Best Brokers With KRW Accounts 2025
Dig into our top brokers offering KRW accounts, based on thorough testing, designed to reduce conversion fees and optimize the trading experience for traders in South Korea.
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1Established in 2008, Exness is a respected broker known for offering over 40 account currencies, a wide choice of CFD instruments, and an intuitive web platform with features like currency converters and trading calculators.
Compare Brokers
| Broker |  |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | $10 | 0.01 Lots | 1:Unlimited | ✓ | CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC | CFDs, Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, DKK, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
| Broker | |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best Brokers With KRW Accounts 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Brokers With KRW Accounts 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
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iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Brokers With KRW Accounts 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $10 | 0.01 Lots | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Brokers With KRW Accounts 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✓ | 1:Unlimited | ✓ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Brokers With KRW Accounts 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Brokers With KRW Accounts 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
|---|---|---|---|---|---|---|---|---|---|
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Brokers With KRW Accounts 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✗ | $0 | 0.5 (Apple Inc.) | 0.0 | Floating | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Brokers With KRW Accounts 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Exness |
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Why Trade With Exness?
Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Pros
- Exness Terminal provides an easy experience for beginners with interactive charts, and creating watchlists is simple.
- Fast and reliable 24/7 multilingual customer support through phone, email, and live chat, validated by practical tests.
- Competitive spreads for USOIL and BTCUSD in 2024 start from 0 pips, with low commissions from $2 per side.
Cons
- Exness has increased its variety of CFDs and introduced a copy trading feature, but it still lacks real assets like ETFs, cryptocurrencies, or bonds.
- MetaTrader 4 and 5 are supported, but TradingView and cTrader are not available yet, despite increasing demand from traders and their integration with other platforms like Pepperstone.
- Retail trading services are not available in some areas, such as the US and UK, which limits access compared to leading brokers like Interactive Brokers.
Filters
Understanding the South Korean Won (KRW) in Trading
The South Korean won (KRW) is South Korea’s official currency, regulated by the Bank of Korea. It is an influential currency in Asia and plays a crucial role in the global currency market.
Investing in a KRW trading account could be beneficial because South Korea has a strong export-driven economy, especially in sectors like electronics, automobiles, and semiconductors. This type of trading also lets you engage with emerging markets and capitalize on changes influenced by global events or shifts in South Korea’s economy.
Check out brokerlistings.com to find the best trading platforms that offer accounts in South Korean won.
Criteria for Selecting the Best Brokers
We used a detailed evaluation method to identify the top brokers for trading with South Korean won. Here’s how we did it:
- Reviewed our extensive database containing hundreds of brokers and trading platforms.
- Excluded platforms that didn’t meet our criteria for quality KRW account support.
- Ranked each platform using a detailed scoring system, assessing over 100 different factors based on comprehensive testing.
What Is a KRW Trading Account?
A KRW account is a trading account where transactions are done using the South Korean won. While not very common, these accounts can offer several perks:
- Avoid foreign exchange conversion fees.
- Protect against changes in exchange rates.
- Invest effectively in local assets like stocks and initial public offerings (IPOs).
If you’re deeply involved in South Korean financial markets or live in South Korea, a KRW account could be very advantageous. Setting up your account to trade in South Korean won is a straightforward process.
Should You Open a KRW Trading Account?
A KRW trading account might be suitable if:
- You live in South Korea and want simpler tax reporting for your trading activities.
- You’re interested in trading South Korean stocks, government bonds, or other financial instruments on the Korea Exchange (KRX) to invest in its growing tech industry.
- You wish to minimize the effects of exchange rate fluctuations on your trading results, especially when dealing with South Korean assets.
How to Find Brokers Offering KRW Accounts
To determine if a broker supports accounts in Korean won, follow these steps:
- Visit the ‘Account Options’ section on the broker’s website or app to see the supported currencies.
- Confirm that the option for ‘KRW’ is available for the trading account.
- Begin the account setup and choose ‘KRW’ as the base currency. For any assistance, contact the broker’s support team.
Pros and Cons of KRW Trading Accounts
Pros
- Avoids frequent currency conversions, saving on fees and reducing exchange rate risks for South Korean residents.
- Provides easier access to South Korean financial markets without currency exchange hassles. However, not all brokers with KRW accounts offer access to local markets.
- Protects investments in KRW assets against currency risk by aligning your investments with your base currency.
Cons
- May complicate trading international securities, as conversions could lead to additional fees and foreign exchange risks.
- KRW accounts are rare, with less than 5% of brokers supporting them, while USD accounts are much more common.
- Managing a KRW account may involve specific tax or regulatory challenges, especially with international investments.
Frequently Asked Questions
Which Is the Best Broker with a KRW Account?
Our experts have created a list of top trading platforms with KRW accounts. Check out our suggestions to find the platform that best fits your trading needs.
How Much Does It Cost to Open a KRW-Based Trading Account?
While the typical minimum deposit for KRW trading is up to USD 250 (around KRW 335,390), some brokers offer lower-cost options. Notably, Exness requires just a USD 10 deposit (approximately KRW 12,225), which can be appealing for new or budget-conscious traders.