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RCG Markets-Overview of Minimum Deposit, Leverage, Spreads

LINE FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-16 18:18

Abstract:Registered in Japan, LINE FX is a securities company that has access to 23 currency pairs without commission. EUR/USD core time (fixed in principle) 9:00 am – 5:00 am the next day is 0.3 pips, other times are 0.4-9.0 pips. The lower the spread, the better the liquidity. The transaction fee is 0 yen. However, there is a difference (spread) between the bid and ask prices of the currencies LINE FX offers. When placing an order, a margin of 4% or more (leverage 25 times) is required for each currency pair.

LINE FXReview Summary
Founded2019-04-23
Registered Country/RegionJapan
RegulationUnregulated
Products 23 currency pairs
LeverageUp to 1:25
SpreadFrom 0.3 pips
Trading PlatformLINE FX(Smart Phone)/LINE FX Pro(PC)/TradingView
X, Line, Facebook

LINE FX Information

  Registered in Japan, LINE FX is a securities company that has access to 23 currency pairs without commission. EUR/USD core time (fixed in principle) 9:00 am – 5:00 am the next day is 0.3 pips, other times are 0.4-9.0 pips. The lower the spread, the better the liquidity.

  The transaction fee is 0 yen. However, there is a difference (spread) between the bid and ask prices of the currencies LINE FX offers. When placing an order, a margin of 4% or more (leverage 25 times) is required for each currency pair.

LINE FX Information

Is LINE FX Legit?

  The Financial Services Agency(FSA) regulates LINE FX with license number 関東財務局長(金商)第3144号 and License Type Retail Forex License, making it safer than unregulated.

Is LINE FX Legit?
Is LINE FX Legit?

Trading Tools

  Trading tools for beginners and experts, TradingView has charting capabilities, LINE FX is available for smartphones, and LINE FX Pro is suitable for PC

Trading ToolsSupported Available Devices
LINE FX✔Smart Phone
LINE FX Pro✔PC
TradingView✔-

Deposit and Withdrawal

  LINE FX accepts bank transfers and QuickCash for payment and bank transfers for withdrawals. Bank transfer payments require a commission. Except for QuickCash payments that specify financial institutions, other payments apply to all banks and the processing time is generally within 24 hours.

ProcedurePayment MethodsCommission Available financial institutionsBusiness hours
PaymentBank transferCustomer's responsibilityAll banksGenerally 24 hours
QuickCashfree Mitsubishi UFJ BankSumitomo Mitsui Banking CorporationMizuho BankSumishin SBI Net BankRakuten Bank JapanPost BankPayPay Bank
WithdrawalBank transferfreeAll banks

Related broker

Regulated
LINE FX
Company name:LINE Securities Corporation
Score
7.77
Website:https://line-fx.com/logout
5-10 years | Regulated in Japan | Retail Forex License | Medium potential risk
Score
7.77

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