Korean Stock (KRX) Fees & Execution Rules — weltiq Paper Trading Standard (v1)
Korean stock (KRX) paper trading fees (maker 0.015% · taker 0.015% · sell tax 0.2%), known biases, and connection status.
Current Fee Schedule (Reality Profile krx v1)
| venue | maker | taker | sell tax | per contract | currency | profile | |---|---|---|---|---|---| | Korean Stock (KRX) | 0.015% | 0.015% | 0.2% | - | KRW | v1 |
| item | value |
|---|---|
| slippage model | spread×0.5 + 2bp |
| tick / lot / min notional | 1000 / 1 / 1 |
| session | krx |
| short allowed | no |
| daily settlement | no |
| price limit | ±30% |
Example — 10,000 KRW taker round-trip: 23.00 KRW
Known Biases in This Profile (conservative = cost overestimate)
- Call auction (single-price) execution not modeled in v1 — orders during auction rejected (conservative)
- VI (Volatility Interruption) not modeled [VS]
- Sell transaction tax applies confirmed ETF exemptions by symbol. Unclassified defaults to stock base rate; income tax and KONEX separate models not supported
Connection
- Broker: Korea Investment & Securities
- Status: paper ✅ · live KIS closed beta planned
- Paper trading available immediately upon signup; live via your own exchange keys at Settings → Keys (weltiq does not redistribute keys)
Sources
- Exchange disclosure: https://www.krx.co.kr
- weltiq applies the same rules to paper execution
Slippage, FX conversion, funding, and borrow/lend interest not in this table. Promotions and VIP discounts not applied (conservative).