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Best international online brokers in South Korea in 2024

Written by
Adam N.
Fact checked by
Updated
2w ago

Find below the strengths of the best brokers available in South Korea, updated for 2024:

  1. Interactive Brokers is the best international online brokers in South Korea in 2024. - Extremely low fees. Wide range of products. Many great research tools.
  2. Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
  3. IG - First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
  4. Forex.com - Low forex fees. Great variety of currency pairs. Diverse technical research tools.
  5. Admirals (Admiral Markets) - Low forex CFD fees. Free and fast deposit and withdrawal. Straightforward account opening.
  6. Tickmill - Low forex fees. Fast and easy account opening. Free deposit and withdrawal.
  7. CMC Markets - Low forex fees. Great web and mobile platforms. Advanced research and educational tools.
  8. IC Markets - Low forex fees. Easy and fast account opening. Free deposit and withdrawal. Offers standard and raw spread accounts.
  9. Optimus Futures - Low trading fees and free ACH withdrawal. Great platform and research. Fast customer service.
  10. Swissquote - Access to many markets and products. No inactivity fee. Rock-solid background.

International online brokers' key info overview

While many international online trading brokers offer an excellent service, the ones in our toplist go the extra mile. These international online trading platforms offer a broad range of markets and asset classes and are suitable for beginners and experienced traders alike.

Broker
Minimum deposit
Time to open account
Interactive Brokers
$0
1-3 days
Alpaca Trading
$0
1 day
IG
$0
1-3 days
Forex.com
$100
1-3 days
Admirals (Admiral Markets)
$100
1 day
Tickmill
$100
1 day
CMC Markets
$0
1-3 days
IC Markets
$200
1 day
Optimus Futures
$500
1 day
Swissquote
$0
1 day


Popularity of the best online brokers in South Korea

Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.

Trading fees

In most cases the key broker selection criteria is how much you have to pay for a trade in spreads, commission and other trading costs, so we collected the most important fees for you in the table below.

Broker
US stock
UK stock fee
Interactive Brokers
$1.0
$3.8
Alpaca Trading
$0.0
-
IG
$10.0
$10.0
Forex.com
-
-
Admirals (Admiral Markets)
$0.0
$0.0
Tickmill
-
-
CMC Markets
-
-
IC Markets
-
-
Optimus Futures
-
-
Swissquote
$20.0
$31.3
Fees at the best international online brokers in October 2024
All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

Other fees at international online brokers

Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.

Broker
Account fee
Inactivity fee
Interactive Brokers
Alpaca Trading
IG
Forex.com
Admirals (Admiral Markets)
Tickmill
CMC Markets
IC Markets
Optimus Futures
Swissquote
Account, inactivity, and deposit/withdrawal fees at the best online brokers in October 2024

Can I trust these online brokers in South Korea?

Yes, BrokerChooser exclusively recommends legit brokers, overseen by at least one globally acknowledged regulator. We track more than 30,000 brokers and trading platforms that we don't recommend. To make sure that a broker is reputable and reliable, use our Scam Broker Shield tool.

Key criteria determining a broker's trustworthiness are: regulation, availability of investor protection, as well as a long and spotless track record. Explore the interactive table below, encompassing this array of vital data.

Broker
Top-tier regulators
Trusted broker
Interactive Brokers
FCA in the UK, SEC in the US, and ASIC in Australia
Alpaca Trading
SEC and FINRA in the US
IG
FCA in the UK, BaFin in Germany, and ASIC in Australia
Forex.com
CFTC in the US, FCA in the UK, and ASIC in Australia
Admirals (Admiral Markets)
FCA in the UK and ASIC in Australia
Tickmill
FCA in the UK
CMC Markets
FCA in the UK, CIRO in Canada, and ASIC in Australia
IC Markets
ASIC in Australia
Optimus Futures
CFTC in the US and member of the NFA
Swissquote
FINMA in Switzerland and FCA in the UK
Trust metrics for the best online brokers in South Korea in 2024
We label a broker as trusted if it has reliable regulation.

Our assessment of best international online brokers for residents in South Korea in 2024

At BrokerChooser we do our best to make it easier for you to compare and select the best broker for your needs. Here is a summary of our scores in the most important aspects of these trading platforms' services.

Broker
Overall score
Fees score
Interactive Brokers
4.9
/5
4.3
/5
Alpaca Trading
4.5
/5
4.6
/5
IG
4.5
/5
3.6
/5
Forex.com
4.5
/5
3.7
/5
Admirals (Admiral Markets)
4.5
/5
3.7
/5
Tickmill
4.5
/5
4.3
/5
CMC Markets
4.5
/5
3.8
/5
IC Markets
4.5
/5
4.4
/5
Optimus Futures
4.5
/5
4.6
/5
Swissquote
4.4
/5
1.9
/5
Score summary of best international online brokers for residents in South Korea

If you are unsure how brokerage fees are charged, check out this article on the various fees, charges and costs.

And now, let's see the top international online brokers for 2024 for residents in South Korea in detail one by one, starting with the winner, Interactive Brokers.

Recommended for traders looking for broad market access and a professional trading environment

Visit broker

Interactive Brokers snapshot
Fees class Low
Minimum deposit $0
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee No
Read review For a detailed analysis of Interactive Brokers services, check out our review for 2024

Recommended for traders interested in algorithmic stock trading

Visit broker

Alpaca Trading snapshot
Fees class Low
Minimum deposit $0
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Alpaca Trading services, check out our review for 2024
IG Logo

IG

Recommended for traders of any experience level looking for an easy-to-use trading platform

Visit broker
75% of retail CFD accounts lose money

IG snapshot
Fees class Low
Minimum deposit $0
Deposit method Bank transfer, Credit/debit cards, PayPal
Withdrawal method Bank transfer, Credit/debit cards
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee No
Read review For a detailed analysis of IG services, check out our review for 2024

Recommended for forex traders looking for low fees and great research tools

Visit broker
74-76% of retail CFD accounts lose money

Forex.com snapshot
Fees class Low
Minimum deposit $100
Deposit method Bank transfer, Credit/debit cards, Skrill, Neteller, PayPal
Withdrawal method Bank transfer, Credit/debit cards, Skrill, Neteller, PayPal
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee Yes
Read review For a detailed analysis of Forex.com services, check out our review for 2024

Recommended for forex traders who are familiar with the MetaTrader trading platforms

Visit broker
74% of retail CFD accounts lose money

Admirals (Admiral Markets) snapshot
Fees class Low
Minimum deposit $100
Deposit method Bank transfer, Credit/debit cards, Skrill, PayPal, Klarna, Neteller, SafetyPay, AstroPay, Trustly, Rapid Transfer, NganLuong, Perfect Money
Withdrawal method Bank transfer, Credit/debit cards, Skrill, PayPal, Klarna, Neteller, SafetyPay, AstroPay, Trustly, Rapid Transfer, NganLuong, Perfect Money
Withdrawal fee $0
Time to open account 1 day
Inactivity fee Yes
Read review For a detailed analysis of Admirals (Admiral Markets) services, check out our review for 2024

Recommended for forex traders looking for low fees who are familiar with the MetaTrader 4 platform

Visit broker
72% of retail CFD accounts lose money

Tickmill snapshot
Fees class Low
Minimum deposit $100
Deposit method Bank transfer, Credit/debit cards, Neteller, Skrill, Przelewy, PayPal
Withdrawal method Bank transfer, Credit/debit cards, Neteller, Skrill, Przelewy, PayPal
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Tickmill services, check out our review for 2024

Recommended for forex and CFD traders looking for an advanced trading platform with many research tools

Visit broker
71% of retail CFD accounts lose money

CMC Markets snapshot
Fees class Low
Minimum deposit $0
Deposit method Bank transfer, Credit/debit cards
Withdrawal method Bank transfer, Credit/debit cards
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee Yes
Read review For a detailed analysis of CMC Markets services, check out our review for 2024

Recommended for forex and CFD traders who value easy account opening and free deposit/withdrawal options

Visit broker
70.64% of retail CFD accounts lose money

IC Markets snapshot
Fees class Low
Minimum deposit $200
Deposit method Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna
Withdrawal method Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of IC Markets services, check out our review for 2024

Recommended for day traders focusing on futures and technical trading

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Optimus Futures snapshot
Fees class Low
Minimum deposit $500
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $20
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Optimus Futures services, check out our review for 2024

Recommended for affluent investors who value safety and are OK with higher fees

Visit broker

Swissquote snapshot
Fees class High
Minimum deposit $0
Deposit method Bank transfer, Credit/debit cards
Withdrawal method Bank transfer
Withdrawal fee $10
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Swissquote services, check out our review for 2024

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How did we select the best international online brokers in South Korea in 2024?

  • We checked whether the broker is regulated by a trusted regulator,
  • Compared fees (including spreads, withdrawal fees, commissions),
  • We checked and compared every aspect of their services,
  • Opened an account and tested the platform (charting, features, usability) with real money.
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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author
Adam Nasli
Author of this article
I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.
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