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LINE Securities-Some important Details about This Broker

LINE Securities | 2024-11-07 18:29

Abstract：Established in 2018, LINE Securities Corporation provides the LINE FX service, a smartphone-based tool that simplifies forex trading access and use. With its simple design and real-time LINE app notifications, this platform distinguishes itself in allowing traders to react quickly to movements in the market. Its main disadvantage, meanwhile, is that services are available just to Japanese people.

LINE Securities Corporation Review Summary
Founded	June 1, 2018
Registered Country/Region	Japan
Regulation	Kanto Local Finance Bureau (Kinsho) No. 3144
Market Instruments	Forex
Demo Account	×
Trading Platform	LINE FX (mobile app), LINE FX Pro (PC platform)
Customer Support	Physical Address:Sumitomo Fudosan Osaki Garden Tower, 1-1-1 Nishi-Shinagawa, Shinagawa-ku, Tokyo

LINE Securities Corporation Information

Established in 2018, LINE Securities Corporation provides the LINE FX service, a smartphone-based tool that simplifies forex trading access and use. With its simple design and real-time LINE app notifications, this platform distinguishes itself in allowing traders to react quickly to movements in the market. Its main disadvantage, meanwhile, is that services are available just to Japanese people.

Pros and Cons

Pros	Cons
Real-time notifications through the LINE app	Available only to Japanese residents
0 yen transaction fee (spread-based cost only)	Suspicious clone by FSA
	No demo or Islamic account available

Is LINE Securities Corporation Legit?

Category	Details
Regulatory Status	Suspicious Clone
License Type	Retail Forex License
Regulated By	Japan(FSA)
Licensed Institution	LINE Securities Corporation
License Number	Kanto Local Finance Bureau (Kinsho) No. 3144
Effective Date	June 24, 2019

What Can I Trade on LINE Securities Corporation?

LINE Securities Corporations LINE FX offers forex trading with access to major currency pairs.

Tradable Instruments	Supported
Forex	✔
Commodities	❌
Indices	❌
Shares	❌
Metals	❌
Cryptocurrencies	❌
ETFs	❌

What Can I Trade on LINE Securities Corporation?

LINE Securities Corporation Fees

LINE Securities offers 0 yen transaction fee.

Its spreads starts from 0.2 pips, with no additional commission charges.

Product	Spread
Major Currencies	From 0.2 pips

Trading Platform

LINE Securities offers the LINE FX app for trading.

Trading Platform	Supported	Available Devices	Suitable For
LINE FX App	✔	Mobile	Beginner and casual traders

Deposit and Withdrawal

LINE Securities Corporation does not mention the details of deposit and withdrawal.

Dealer Future

Related broker

Suspicious Clone

LINE Securities

Company name：LINE Securities Corporation

Score

1.48

Website：https://line-sec.co.jp

2-5 years | Suspicious Regulatory License | High potential risk |

Score

1.48

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