Score

7.74 /10
Good

LINE FX

Regulated in Japan

Retail Forex License

Medium potential risk

B

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Comparison

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Score

Regulatory Index7.83

Business Index7.02

Risk Management Index8.90

Software Index7.05

License Index7.83

Time Machine
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

LINE Securities Corporation

Company Abbreviation

LINE FX

Platform registered country and region

Japan

Company website

Company summary

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WikiFX Verification

LINE FX · Company summary
LINE FXReview Summary
Founded2018
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsCurrency pairs
Demo Account/
Leverage/
EUR/USD SpreadFrom 0.3 pips
Trading PlatformLINE FX APP, LINE FX Pro
Min Deposit/
Customer SupportAI Chat, Contact form

LINE FX was registered in 2018 in Japan, which specializes in forex trading. It uses its own trading platforms, and does not support MT4 or MT5. Moreover, it is regulated by the Financial Services Agency (FSA) in Japan. However, it does not reveal much information about account details.

LINE FX's homepage

Pros and Cons

Pros Cons
Regulated by FSAOnly forex trading
Promotions providedLimited info on trading conditions
No MT4 or MT5
Limited payment options
Limited contact channel

Is LINE FX Legit?

Yes, LINE FX is regulated by the Financial Services Agency (FSA) in Japan.

Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Financial Services Agency (FSA)RegulatedJapanRetail Forex License関東財務局長(金商)第3144号
Regulated by FSA

WikiFX Field Survey

WikiFX field survey team visited LINE FX's regulatory address in Japan, and we found its physical office.

WikiFX Field Survey

Spread

For the EUR/USD pair, the spread can be as low as 0.3 pips.

Spread

Trading Platform

LINE FX uses 2 trading platforms, including LINE FX APP and LINE FX Pro, and it does not support MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
LINE FX APPMobile/
LINE FX ProPC/
MT4/Beginners
MT5/Experienced traders
LINE FX APP
LINE FX Pro

Deposit and Withdrawal

As for deposit options, customers can choose Quick Deposit or Bank Transfer Deposit. However, other details, such as the processing time, fees, and minimum deposit or withdrawal, are not clear.

Deposit and Withdrawal

User Reviews

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User comment

2

Comments

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scd94699
more than one year
Great platform, I enjoy the clarity of the charts. I find it more comprehensive than tradingview. I'm only on demo but I'm not sure if can draw support and resistance lines. Other than that it's a great platform.
Great platform, I enjoy the clarity of the charts. I find it more comprehensive than tradingview. I'm only on demo but I'm not sure if can draw support and resistance lines. Other than that it's a great platform.
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2024-03-29 15:47
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THL
more than one year
LINE FX trading platform. I must say, the staff and support team are incredibly helpful and attentive. Their assistance has been invaluable.
LINE FX trading platform. I must say, the staff and support team are incredibly helpful and attentive. Their assistance has been invaluable.
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2024-02-29 14:20
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