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FXGiants , LINE FX Broker Comparison
Do you want to know which is the better broker between FXGiants and LINE FX ?
In the table below, you can compare the features of FXGiants , LINE FX side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
2 / 3 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Swap
Swap Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
1.56
Clone Firm
Under guarantee
5-10 years
FCA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
STP/ECN Absolute Zero,STP/ECN Zero Spread,STP/ECN No Commision,Live Zero Fixed Spread,Live Fixed Spread,Live Floating Spread
--
--
1:200
from 0.2
0.00
Variable
0.01
--
7.78
Regulated
Under guarantee
5-10 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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--
FXGiants BrokerRelated News
FXGiants 、 LINE FX BrokerRelevant Exposures
Which broker is more reliable?
To evaluate a broker's reliability and trustworthiness, consider the following four factors:
1.Forex broker introduction。
2.Do fxgiants and line-fx have lower transaction costs?
3.Which broker is safer?
4.Which broker offers the best trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
fxgiants
| FXGiantsReview Summary | |
| Founded | 2009-09-07 |
| Registered Country/Region | Bermuda |
| Regulation | clone firm |
| Market Instruments | Forex/Metals/Indices/Commodities/Stocks/Futures |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | From 0.0 pips |
| Trading Platform | MT4 |
| Min Deposit | / |
| Customer Support | Phone: +44 (0) 207 523 5394 |
| Email: support@fxgiants.com | |
FXGiants Information
FXGiants is a broker. The tradable instruments include forex, metals, indices, commodities, stocks, and futures. The broker also provides six accounts with a maximum leverage of 1:1000. The minimum spread is from 0.0 pips. FXGiants is still risky due to its clone firm status, high leverage, and bad reviews about wiping out profits.
Pros and Cons
| Pros | Cons |
| MT4 available | Clone firm |
| 24/5 customer support | Inaccessible official website |
| Various tradable instruments | High max leverage |
| Spread from 0.0 pips | Negative comments about wiping out profits |
Is FXGiants Legit?
FXGiants is regulated by FCA with license number 585561, but it is a clone firm.
What Can I Trade on FXGiants?
FXGiants offers more than 300 market instruments, including forex, metals, indices, commodities, stocks, and futures.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Futures | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
FXGiants has six account types: Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, STP/ECN No Commission, STP/ECN No Commission, and STP/ECN Absolute Zero. Traders who want low spreads can choose Live Zero Fixed Spread and STP/ECN Zero Spread accounts, while those who want low leverage can open STP/ECN No Commission, STP/ECN Zero Spread, and STP/ECN Absolute Zero accounts.
| Account Type | Live Floating Spread | Live Fixed Spread | Live Zero Fixed Spread | STP/ECN No Commission | STP/ECN Zero Spread | STP/ECN Absolute Zero |
| Spreads from | 1.0 pips | 1.3 pips | 0.0 pips | 1.7 pips | 0.0 pips | 0.2 pips |
| Commission | No | No | $9 per lot per side | No | $3.75 per lot per side | No |
| Leverage up to | 1:1000 | 1:1000 | 1:500 | 1:200 | 1:200 | 1:200 |
| Trade from | 0.01 Lots | 0.01 Lots | 0.01 Lots | 0.01 Lots | 0.01 Lots | 0.01 Lots |
| Bonuses | Available | Available | - | - | - | - |
FXGiants Fees
The spread starts from 0.0 pipsand the commission is from 0. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
Trading Platform
FXGiants cooperates with the authoritative MT4 trading platform and provides PMAM and VPS Hosting services. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.
| Trading Platform | Supported | Suitable for |
| MT4 | ✔ | Junior traders |
Deposit and Withdrawal
FXGiants accepts Visa, Wire Transfers, etc. for deposit and withdrawal. However, the official website is inaccessible, so transfer processing times and associated fees are unknown.
line-fx
| LINE FXReview Summary | |
| Founded | 2019-04-23 |
| Registered Country/Region | Japan |
| Regulation | Unregulated |
| Products | 23 currency pairs |
| Leverage | Up to 1:25 |
| Spread | From 0.3 pips |
| Trading Platform | LINE 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.
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.
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 Tools | Supported | 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.
| Procedure | Payment Methods | Commission | Available financial institutions | Business hours |
| Payment | Bank transfer | Customer's responsibility | All banks | Generally 24 hours |
| QuickCash | free | Mitsubishi UFJ BankSumitomo Mitsui Banking CorporationMizuho BankSumishin SBI Net BankRakuten Bank JapanPost BankPayPay Bank | ||
| Withdrawal | Bank transfer | free | All banks |
Do fxgiants and line-fx have lower transaction costs?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive fxgiants and line-fx are, we first considered common fees for standard accounts. On fxgiants, the average spread for the EUR/USD currency pair is from 0.2 pips, while on line-fx the spread is --.
Which broker between fxgiants, line-fx is safer?
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
fxgiants is regulated by FCA. line-fx is regulated by FSA.
Which broker between fxgiants, line-fx provides better trading platform?
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
fxgiants provides the STP/ECN Absolute Zero,STP/ECN Zero Spread,STP/ECN No Commision,Live Zero Fixed Spread,Live Fixed Spread,Live Floating Spread platform with products like --; line-fx offers the -- platform featuring assets including --.
