LINE Securities Forex broker specializes in providing foreign exchange trading services, the company's official website https://line-sec.co.jp, the company's legitimate regulatory information JapanFSARetail Forex License, to enhance the security of the company's address 〒141-0033 東京都品川区西品川一丁目1番1号住友不動産大崎ガーデンタワー22階.
LINE Securities Forex Broker
Basic information
Japan
2-5 years Suspicious Regulatory License High potential riskCompany profile
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 | ❌ |
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.