Devexperts began offering South Korean brokers a packaged service for US stock trading today (Thursday). The company said the package covers the client-facing platform, market data and order execution, so a broker can add US shares without assembling several vendors.
The front end is DXtrade, which Devexperts licenses to brokers under their own brand on web and mobile. US price feeds come from dxFeed, its own market data unit, and execution services are built in, according to the company. It did not name any Korean broker clients.
Korean individuals bought a net $9.87 billion of US stocks in the first half of 2026 and another $7.04 billion in July and August, according to Korea Securities Depository data reported by The Korea Herald.
Korean Brokers Already Have US Partners
Several local firms have gone to US providers for the same access. Interactive Brokers supplies the trading engine behind Daol Investment & Securities' Fi PRO app, launched in July, while Daol keeps the client accounts and won deposits.
Meritz Securities clients reach US equities through Webull's platform under a deal announced in November 2025.
Daishin Securities signed a memorandum of understanding with Alpaca on July 1 that covers US stock brokerage for Korean clients and omnibus accounts for foreign investors buying Korean shares.
Alpaca sells a similar model elsewhere in Asia. In January, Indonesian CFD broker Valbury launched US share trading on Alpaca's Broker API, acting as the licensed local firm while orders route to the US.
Devexperts has sold US equity tools to brokers before. In 2023 it added fractional US share trading to DXtrade through DriveWealth. The Korean offer brings DXtrade, the dxFeed data and execution under one contract, and Devexperts said it would also handle delivery and maintenance.
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Jon Light, senior director of product management at Devexperts, said retail investors in South Korea were "taking a very clear interest in the US market."
Promotions on Hold Since December
The Financial Supervisory Service (FSS) met the heads of major securities firms in December 2025. The industry then suspended promotions for overseas stock investing, such as cash for new accounts and fee-free US trading.
Authorities linked the pressure to the weak won. The FSS had said weeks earlier it would review how financial firms explain currency risk on overseas investments. The Seoul Economic Daily reported in late August that the restrictions were still in place.
Nine large brokerages, including Mirae Asset, Kiwoom and Toss, collected 943.2 billion won (about $700 million) in overseas stock commissions in the second quarter, up 60.7% from the first quarter, according to filings with the FSS cited by the newspaper.
Between September 1 and September 11, Korean investors sold $131 million more in US stocks than they bought, Korea Securities Depository data show, led by sales of a triple-leveraged semiconductor ETF.
