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LINE Securities -

Suspicious Clone

Score

1.47 /10

Danger

LINE Securities

Item: LINE Securities
Rating: 1.47

Japan

2-5 years

Suspicious Regulatory License

High potential risk

https://line-sec.co.jp

Capital Ratio

Great

Influence

A

Add brokers

Comparison

Expose

Exposure

Time Machine

Website

Score

Regulatory Index0.00

Business Index6.73

Risk Management Index0.00

Software Index4.00

License Index0.00

Follow

Time Machine

Website

Licenses

FSA Suspicious Clone

Retail Forex License

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

HSBC

BNP Paribas

Commerzbank AG

Standard Chartered

MUFG Bank

Goldman Sachs

Chase Bank

Bank of America

Nomura International plc

BARCLAYS

Citibank, N.A.

UBS AG

Broker Information

More

Company Name

LINE Securities Corporation

Company Abbreviation

LINE Securities

Platform registered country and region

Japan

Number of employees

100

Company website

https://line-sec.co.jp

X

https://twitter.com/linesec_jp

Company summary

Pyramid scheme complaint

Expose

LINE Securities · Company summary

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.

Check whenever you want

Download App for complete information

Download on the

WikiFX (Global)

Download on the

外汇天眼（中国）

GET IT ON

WikiFX Google Play

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WikiFX APK

Warning: Low score, please stay away! 2

Previous Detection : 2024-12-24

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The JapanFSA regulation (license number: 関東財務局長(金商)第3144号) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Platform Capital Ratio

517.5%

$80,248,062 $581,395

100%

Ranking in Japan： 33 / 408 Great

517.5%

$80,248,062 $581,395

100%

Fundamental Item(A) $80,248,062
Total Supplementary Items(B) $581,395
Debt Amount(C) $310,078
Non-Fixed Capital(A)+(B)-(C)=(D) $80,519,380
Relative amount of risk(E) $15,542,636
Market Risk $1,116,279
Transaction Risk $62,016
Underlying Risk $14,364,341

Capital
Higher than 86% Japanese brokers $775,194(USD)

Business status announcement document
2023-10-31
2023-09-29
2023-08-31
2023-07-31
2023-06-30
2023-05-31
2023-04-28
2023-03-31
2023-02-28
2023-01-31
No data
2024-03-31
No data
2022-03-31
No data
2022-03-31
No data
2024-03-31
No data
2023-04-28
No data

LINE Securities · Company summary

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