Swissquote	Basic Information
Founded in	1996
Headquarters	Gland, Switzerland
Regulation	FINMA, FCA, MFSA, SFC
Tradable Instruments	Forex, Stocks, Options, Futures, CFDs, ETFs
Account Types	Standard, Premium
Minimum Initial Deposit	$1,000
Maximum Leverage	1:100
Commission	Depends on the account type and instrument traded
Spreads	Variable, starting from 0.6 pips
Trading Assets	Currencies, Stocks, Bonds, Options, Futures, and Funds
Trading Platforms	MetaTrader 4, MetaTrader 5
Customer Support	Phone, Email, Live Chat
Educational Resources	Webinars, Tutorials, Market Analysis, News
Additional Features	Swiss DOTS (Structured Products), Robo-Advisory

Overview of Swissquote

Swissquote is a leading online forex and financial trading broker headquartered in Switzerland. It was established in 1996 and has since grown to become a popular choice among traders worldwide. The broker offers a wide range of financial instruments to trade, including forex, stocks, indices, commodities, bonds, and cryptocurrencies.

Swissquote offers several account types, including Standard, Premium, Prime, and Professional, to cater to different trader needs. The minimum deposit for a Standard account is $1,000, which is relatively high compared to some other brokers. However, the broker's range of account types and trading conditions may appeal to professional traders who require higher leverage and tighter spreads.

Swissquote provides its clients with access to several trading platforms, including MetaTrader 4 and 5, Advanced Trader, and their proprietary platform, Swissquote EDGE. The broker's platforms are user-friendly, feature-rich, and offer advanced trading tools and charting capabilities.

Is Swissquote legit or a scam？

Yes, Swissquote is a legitimate broker with four entities under respective jurisdictions:

Swissquote Bank Ltd, which is based in Switzerland, is regulated by the Swiss Financial Market Supervisory Authority (FINMA).

Swissquote Ltd, which is based in the United Kingdom, is regulated by the Financial Conduct Authority (FCA).

Swissquote MEA Ltd, which is based in Dubai, is regulated by the Dubai Financial Services Authority (DFSA).

SWISSQUOTE FINANCIAL SERVICES (MALTA) LTD, is regulated by the Malta Financial Services Authority (MFSA).

These regulatory authorities ensure that Swissquote adheres to strict standards in terms of financial stability, transparency, and investor protection.

Pros & Cons

Swissquote is areputable and regulated broker, offering an array of financial instruments and account types for traders to choose from. As with any broker, there are advantages and disadvantages to consider. In the following table, we present a summary of the key pros and cons of trading with Swissquote. Swissquote undoubtedly offers a comprehensive range of trading instruments and state-of-the-art trading platforms that are designed to cater to the diverse trading needs of both novice and experienced traders. However, despite its many strengths, it falls short in terms of customer support, as it does not provide round-the-clock assistance, which can be a major drawback for traders who require immediate assistance during off-hours or in emergency situations. Whether you are a beginner or an experienced trader, this information can help you make an informed decision about whether Swissquote is the right broker for you.

Pros	Cons
Regulated by reputable authorities including FINMA and FCA	Relatively high trading fees compared to other brokers
Wide range of trading instruments including forex, stocks, ETFs, bonds, and cryptocurrencies	Limited education and research resources
Competitive spreads and commissions	Inactivity fee charged after 24 months of inactivity
Demo Account Available	No 24/7 customer support
Various account types with different features to suit different trading needs	High minimum deposit requirement
Availability of advanced trading platforms including MT4, MT5, and Advanced Trader	Limited customer support options outside of business hours
Efficient and reliable customer support during business hours	No US clients accepted

Market Instruments

Swissquote offers a wide range of market instruments for trading, including over 130 currency pairs, commodities, stock indices, shares, bonds, and cryptocurrencies. As a well-established Swiss broker, Swissquote is able to offer trading on several Swiss-specific instruments, such as the Swiss Market Index (SMI) and the Swissquote Group Holding Ltd. (SQN) stock, as well as access to other global exchanges such as the NYSE, NASDAQ, and LSE. With such a broad range of market instruments, traders of different experience levels can find suitable trading options that align with their trading strategies and investment goals.

Account Types

Swissquote offers a range of account types to cater to the varying needs and preferences of its clients. The primary account types available are the Premium Account, Prime Account, Elite Account and Professional Account. Each account type comes with distinct features and benefits, such as different minimum deposit requirements, leverage ratios, and spreads. The Premium Account requires a minimum deposit of 1,000 CHF or equivalent, while the Prime Accounts require a higher minimum deposit of 5,000 CHF or equivalent. The Elite and Professional accounts ask for the highest minimum deposit of 10,0000 CHF or equivalent.

The Standard Account provides clients with access to a wide range of financial instruments, including forex, CFDs, stocks, options, futures, and bonds. The Premium Account, on the other hand, is designed for high-volume traders and offers lower spreads and commissions, as well as personalized service. The Prime Account is designed for institutional clients and provides them with a dedicated account manager, as well as access to exclusive liquidity and pricing.

Moreover, Swissquote also offers an Islamic Account, which is compliant with Sharia law and is available to clients who follow the Islamic faith.

Demo Trading

Swissquote offers a free demo account for clients to practice trading strategies and test out the broker's trading platforms without risking any real funds. The demo account provides users with virtual funds to trade on the same live markets as the actual trading accounts. The account comes with real-time pricing and charting tools, allowing traders to simulate trading conditions as closely as possible. This is an excellent opportunity for traders to get familiar with the broker's platforms and trading environment before committing any real money. Moreover, the demo account is ideal for both novice and experienced traders who want to try new trading strategies or test their current trading strategies without incurring any financial risk.

Overall, demo accounts are a valuable resource for any trader who wishes to sharpen their skills and become more proficient in their trading activities.

How to open an account with Swissquote？

1. Visit the Swissquote website and click on the “Open your Account” button.

1. Provide personal information, such as name, email, and phone number, along with a valid identification document, such as a passport or driver's license.

1. After the account is created and verified, the next step is to select the desired account type and deposit funds, such as Premium, Prime or Elite accounts.

2. Agree to the terms and conditions and submit your application.

3. Swissquote offers several convenient deposit methods, including bank transfer, credit/debit card, and online payment services. Once the account is funded, traders can access the trading platforms, begin analyzing the markets, and placing trades on a variety of financial instruments.

Leverage

Swissquote offers variable leverage levels depending on the financial instrument and the account type. For forex trading, the maximum leverage available is typically 1:30 for retail clients and up to 1:100 for professional clients who meet certain criteria. For CFD trading on indices, commodities, and cryptocurrencies, the maximum leverage ranges from 1:10 to 1:5, depending on the underlying asset.

Always keep in mind that high leverage can significantly increase the potential gains, but it can also magnify the losses, so it's important to use it with caution and always keep in mind the risks involved.

Spreads & Commissions (Trading Fees)

Swissquote offers competitive spreads and commissions to its clients. The exact costs depend on the type of account and the trading instrument being traded. The Premium Account has variable spreads, with the EUR/USD spread starting from 1.3 pips, while the Prime Account offers spreads starting from 0.6 pips. The Elite Account offers spreads as low as 0.0 pips, but it requires a higher minimum deposit and trading volume. The professional accounts provide spreads from 0.0 pips too.

In terms of commissions, the Premium Account and Prime Account charge zero commission. The Elite Account and the Professional Account charge a commission of EUR2.5 per side per lot traded. Overall, Swissquote is often seen as competitive in terms of spreads and commissions when compared to other major brokers.

Below is a comparison table illustrating the spreads of EUR/USD, UK100, Gold, and Silver offered by Swissquote and three other brokers - FXTM, XM, and Plus500:

Broker	EUR/USD Spread	UK100 Spread	Gold Spread	Silver Spread
Swissquote	1.3	1	0.25	0.03
FXTM	1.5	1.2	0.35	0.03
XM	1.6	1	0.35	0.03
Plus500	0.6	1	0.37	0.03

Non-Trading Fees

Non-trading fees are fees that Swissquote charges its clients for services that are not directly related to trading activities. Swissquote has a relatively low level of non-trading fees compared to other brokers. Swissquote does not charge deposit fees, but it charges withdrawal fees, which depend on the method used. Swissquote also charges an inactivity fee of CHF 50 per quarter if no trades have been made during the last six months. This fee is lower than the industry average, which is around $15 per month.

Besides, Swissquote also charges overnight swap fees, also known as rollover fees or financing fees, on positions that are held overnight. The amount of the fee depends on the currency pair, the size of the position, and the prevailing interest rates in the respective countries.

Trading Platform

Swissquote offers a range of trading platforms suitable for both beginner and advanced traders. Its flagship platform is the Advanced Trader, which is a user-friendly and customizable platform that provides access to multiple markets and a wide range of trading tools. Additionally, the broker offers the popular MetaTrader 4 and 5 platforms, which are favored by many traders for their advanced charting capabilities and expert advisor features.

Advanced Trader

Swissquote Advanced Trader is a proprietary trading platform developed by Swissquote. It is a fully customizable platform designed to cater to the needs of professional traders. The platform offers advanced charting tools, a variety of technical indicators, and the ability to create and backtest trading strategies using the integrated programming language. Swissquote Advanced Trader also offers real-time news and market analysis to keep traders up-to-date with market events. The platform is available for desktop, web, and mobile devices.

MetaTrader 4 (MT4)

Swissquote offers the popular MetaTrader 4 (MT4) trading platform to its clients, which is widely recognized in the industry for its reliability, speed, and advanced charting tools. MT4 is available for download on desktop, web, and mobile devices, allowing traders to access their accounts and manage their trades from anywhere at any time. Swissquote also offers a range of customized tools and indicators, allowing traders to personalize their trading experience on the platform. Additionally, Swissquote provides free access to Autochartist, a popular technical analysis tool that helps traders identify potential trading opportunities.

MetaTrader 5 (MT5)

Swissquote offers the MetaTrader 5 (MT5) platform to its clients, which is the successor to the popular MT4 platform. MT5 has several advanced features such as improved charting capabilities, additional order types, and an economic calendar. Clients can also use MT5's algorithmic trading capabilities through the use of Expert Advisors (EAs) to automate their trading strategies. Swissquote's MT5 platform is available for desktop, web, and mobile devices, making it easily accessible for traders on the go.

Here is a table comparing the trading platforms offered by Swissquote, IG, and IC Markets：

Trading Platform	Swissquote	IG Markets	IC Markets
MetaTrader 4	√	√	√
MetaTrader 5	√	√	√
Advanced Trader	√	×	×
WebTrader	√	√	√
Mobile App	√	√	√

Deposit & Withdrawals

Swissquote offers two primary deposit methods: wire transfer and debit card deposit. With wire transfer, clients can make deposits in various currencies, but the process may take longer, typically taking one to two business days to reflect on their account. On the other hand, debit card deposits are processed faster, typically within a few minutes, and they are available in CHF, EUR, GBP, EUR, AUD, JPY, PLN, CZK, HUF and USD.

Minimum Deposit

Swissquote, a prominent brokerage firm in the financial market, has set its minimum deposit threshold at a noteworthy sum of CHF 1,000 or its equivalent in other currencies, which may be considered relatively high compared to other brokers in the industry.

Below is a comparison table depicting the minimum deposit prerequisites of Swissquote, Exness, and IG:

Broker	Minimum Deposit
Swissquote	$1,000
Exness	$1
IG	$300

For withdrawals, Swissquote typically processes requests within one to two business days. Clients can withdraw funds using the same methods they used to deposit funds. However, it's important to note that some withdrawal methods may incur fees, so it's essential to check with the broker first before initiating a withdrawal request.

Customer Support

Swissquote offers customer support via various channels to ensure its clients receive timely and efficient assistance. Clients can reach Swissquote's customer support team via phone, email, and live chat, available during business hours. However, Swissquote's customer support is not available 24/7, which may be a disadvantage for clients who require immediate assistance outside of business hours. Nonetheless, the broker offers a comprehensive FAQ section on its website, which provides answers to some common questions, and clients can also seek assistance by submitting a ticket through the website. In addition, Swissquote offers support in several languages, including English, French, German, Italian, and Spanish, to cater to its global client base.

Educational Resources

Swissquote offers a plethora of educational resources to help traders of all levels enhance their knowledge and skills. The broker provides various learning materials, including webinars, seminars, online courses, and e-books. Additionally, Swissquote offers market analysis and news to keep clients informed about the latest developments in the financial markets. This valuable information can help traders make informed decisions when executing their trades.

Pros	Cons
Comprehensive educational material on various topics	No formal education program
Interactive webinars and seminars with industry experts	Limited language options for educational material
Wide range of market analysis tools and resources	No demo account for educational purposes
Access to Swissquote's research and analysis reports	Some educational material requires a paid subscription
Free educational material for all account holders	No personalized coaching or mentoring programs

Conclusion

In conclusion, Swissquote is a well-established and highly regulated forex broker offering a wide range of trading instruments, advanced trading platforms, and competitive trading conditions. The broker has earned a strong reputation for its commitment to security, transparency, and innovation, which has made it a preferred choice for traders looking for a reliable and trustworthy trading partner. While the broker's high minimum deposit requirement may be a challenge for some traders, its educational resources and excellent customer support help to offset this disadvantage.

FAQs

• Q: Is Swissquote a regulated broker？

A: Yes, Swissquote is regulated by several financial authorities, including the Swiss Financial Market Supervisory Authority (FINMA) and the Financial Conduct Authority (FCA) in the UK

• Q: What trading platforms are offered by Swissquote？

A: Swissquote offers several trading platforms, including the MetaTrader 4 and 5 platforms, the Advanced Trader platform, and a mobile trading app.

• Q: What is the minimum deposit required to open an account with Swissquote？

A: The minimum deposit required to open an account with Swissquote is $1000.

• Q: Does Swissquote offer a demo account？

A: Yes, Swissquote offers a free demo account with virtual funds for traders to practice trading strategies.

• Q: How can I deposit and withdraw funds from my Swissquote account？

A: You can deposit and withdraw funds from your Swissquote account using wire transfer or debit card.

LINE FX	Basic Information
Company Name	LINE FX
Founded	2018
Headquarters	LINE FX
Regulations	FSA
Tradable Assets	23 major currency pairs
Account Types	Streaming, market, limit, stop limit, OCO, IFD, IFD-OCO
Minimum Deposit	0 pips
Maximum Leverage	1:25
Spreads	From 0.2 pips to 3.9 pips
Commission	Commission-free
Deposit Methods	Supported major financial institutions in Japan
Trading Platforms	LINE FX Pro (PC) and LINE FX App (mobile)
Customer Support	AI chat on LINE, inquiry form on the website
Education Resources	Not specified
Bonus Offerings	LINE FX Point Program

General Information

LINE FX is a regulated forex broker founded in 2018, with its headquarters based in Japan. As a regulated entity under the Financial Services Agency (FSA) in Japan, the broker operates with authorization and approval to provide financial services, offering clients a level of trust and security. LINE FX specializes in forex trading and provides access to 23 major currency pairs, allowing traders to capitalize on fluctuations in global exchange rates. With a commission-free trading model and leverage set at 1:25, the broker offers cost-effective and flexible trading conditions, making it appealing to traders of various experience levels.

Traders can utilize the LINE FX Pro platform on PC or the LINE FX App on mobile devices to execute trades efficiently and stay connected to the markets. The user-friendly interfaces and advanced charting tools empower traders to make well-informed decisions. Additionally, the broker offers a diverse range of order types, catering to various trading styles and strategies. Customer support is readily available through AI chat on LINE and an inquiry form on the website, ensuring timely assistance for traders. Furthermore, LINE FX's point-based reward program provides traders with an opportunity to earn LINE Points based on their trading volume, adding an extra incentive for active participation in the markets. Overall, LINE FX's regulatory status, diverse currency pairs, commission-free trading, and supportive trading platforms make it a compelling choice for forex traders seeking a reliable and rewarding trading experience.

Is LINE FX Legit？

LINE FX is regulated by the Financial Services Agency in Japan. Its current status shows that it is operating under the registration number 関東財務局長(金商)第3144号, which indicates that it has been approved and authorized to provide financial services in Japan. Being regulated by a reputable regulatory authority like the Financial Services Agency ensures that LINE FX adheres to certain standards and rules, providing a level of protection and confidence to its clients. Traders can have more peace of mind knowing that the broker operates under the oversight of a regulatory body, which helps mitigate potential risks associated with unregulated brokers.

Pros and Cons

LINE FX caters to forex traders who prioritize regulated services, diverse currency pairs, and a commission-free trading environment. However, traders with specific needs, such as cryptocurrency trading or comprehensive educational resources, may need to explore other brokerage options. The decision to choose LINE FX will depend on individual trading preferences and goals. Here's a table summarizing the pros and cons:

Pros	Cons
Regulated	Limited Trading Instruments
Commission-Free Trading	Lower Leverage
Diverse Currency Pairs	Lack of Education Resources
User-Friendly Trading Platforms	Limited Customer Support Channels
No Non-Trading Fees	No Cryptocurrency Trading

Market Instruments

LINE FX offers a variety of major currency pairs, providing traders with opportunities to engage in forex trading and take advantage of fluctuations in exchange rates. Traders can access a total of 23 major currency pairs, providing ample opportunities to speculate on global economic trends and fluctuations in exchange rates. Each forex pair allows users to trade in increments of 10,000 currency units, ensuring flexibility in position sizing. One notable advantage for traders is that LINE FX offers these forex trades free of transaction fees, reducing the overall cost of trading.

The offered currency pairs include major combinations like USD/JPY, EUR/USD, and GBP/USD, as well as crosses like EUR/JPY, GBP/JPY, and AUD/JPY. The inclusion of exotic pairs like ZAR/JPY, MXN/JPY, and TRY/JPY may attract traders seeking exposure to more unique and emerging market currencies.

It's worth noting that while LINE FX provides an extensive selection of forex pairs, its offerings are limited to this asset class. Traders interested in diversifying their portfolios with other financial instruments like commodities, cryptocurrencies, or stocks may need to consider alternative brokerage options that offer a broader range of trading instruments. However, for those primarily focused on forex trading, LINE FX's variety of major currency pairs and favorable trading conditions may prove advantageous.

Here is a comparison table of trading instruments offered by different brokers:

Broker	LINE FX	IC Markets	FxPro	RoboForex
Forex	Yes	Yes	Yes	Yes
Commodities	No	Yes	Yes	Yes
Crypto	No	Yes	Yes	Yes
CFD	No	Yes	Yes	Yes
indexes	No	Yes	Yes	Yes
Stock	No	Yes	Yes	Yes
ETF	No	No	No	Yes
Options	No	No	Yes	No

Order Types

LINE FX offers eight different order types to accommodate various trading styles and strategies. The primary order types include streaming, market, limit, and stop limit orders.

Streaming orders allow for real-time monitoring and instant execution at prevailing market prices. Market orders execute trades at the current market price, providing quick execution. Limit orders enable traders to set specific entry and exit points, executing the trade when the market reaches the specified price. Stop limit orders combine stop and limit order functionalities, triggering a limit order when a specified stop price is reached.

LINE FX also provides more advanced order types, such as One Cancels the Other (OCO) and If Done (IFD) orders. OCO orders link two orders together, canceling one if the other is executed. IFD orders are conditional orders that execute only if another order is executed first. Additionally, the IFD-OCO order type combines both IFD and OCO functionalities, allowing for multi-layered strategies. Finally, traders can use the Close All order to quickly liquidate all open positions in one action. LINE FX's diverse order types empower traders to tailor their trades according to their individual preferences and risk tolerance.

How to Open an Account？

To open an account with LINE FX, follow these steps.

1. Visit the LINE FX website and locate the “Open a Free Account Here” link.

2. Tap on the “Open a Free Account Here” link to initiate the account opening process.

3. You will be redirected to the account opening application form.

4. Complete the application form using either your smartphone or computer.

5. Make sure to use the latest version of the LINE app for a smooth experience.

6. Note that LINE FX does not accept account opening requests via postal mail, so online application is mandatory.

7. Follow the provided instructions on the application form.

8. Provide accurate and up-to-date personal information as required for the KYC (Know Your Customer) procedure.

9. Submit the application form along with any required identification documents.

10. Wait for the verification process to be completed.

11. Once your account is approved, you will receive login credentials to access your trading account.

12. Before proceeding, carefully read and understand the terms and conditions, as well as the risks associated with trading.

13. Opening an account with LINE FX gives you access to their range of trading instruments and platform features, so it's essential to have a clear understanding of their services before starting your trading journey.

Leverage

At LINE FX, the leverage offered for trading is set at 25:1. This means that to place a trade, users are required to pledge a margin of at least 4% of the total trade value for each currency pair. Leverage allows traders to control larger positions in the market with a smaller amount of capital. In this case, with a 25:1 leverage ratio, for every $1 of the trader's capital, they can control a trading position worth up to $25.

While leverage can amplify potential profits, it also increases the level of risk involved in trading. Higher leverage means higher exposure to market fluctuations, making the account more vulnerable to significant gains or losses. Traders should be cautious and use leverage responsibly, considering their risk tolerance and implementing proper risk management strategies to protect their capital.

The 25:1 leverage offered by LINE FX is in accordance with the regulations set by the financial authorities to ensure the safety and protection of traders. It is essential for traders to understand the implications of leverage and carefully manage their positions to avoid substantial losses. As always, trading with leverage carries inherent risks, and traders should thoroughly educate themselves about leverage before engaging in any trading activities.

Here is a comparison table of maximum leverage offered by different brokers:

Broker	LINE FX	Capital Bear	Libertex	Admiral Markets UK
Maximum Leverage	1:25	1:5	1:30	1:500

Spreads and Commissions

LINE FX offers spreads on its trading instruments that vary across different currency pairs. Based on the provided data, spreads range from 0.2 pips to 3.9 pips. Major currency pairs like USD/JPY, EUR/USD, and GBP/USD tend to have relatively tighter spreads, which can be important for traders who prefer lower trading costs.

Additionally, LINE FX operates with a commission-free trading model. This means that traders do not have to pay extra fees per trade, which can be advantageous for those who wish to avoid additional costs in their trading activities.

It's important for traders to carefully consider the spreads and commission structure offered by LINE FX and compare it with other brokers in the market. While the absence of commissions can be appealing, traders should also weigh other factors, such as the regulatory status and the overall trading experience provided by the broker, before making their final decision.

Non-Trading Fees

LINE FX offers a transparent fee structure with no account opening fees, no trading fees, no deposit fees, and no withdrawal fees. This can be advantageous for traders as it eliminates many of the typical non-trading fees that are commonly associated with forex trading.

In addition, LINE FX does not charge any rollover fees, also known as swap fees or overnight fees. Rollover fees are usually incurred when a position is held open overnight, and they can add to the overall cost of trading. However, LINE FX provides swap points based on the interest rate differentials between the two currencies in a currency pair, and this can result in either a positive or negative swap, depending on the direction of the trade.

Furthermore, LINE FX does not impose any inactivity fees. Inactivity fees are often charged by brokers when an account remains dormant for a certain period without any trading activity. Traders at LINE FX can maintain their accounts without worrying about incurring such fees, even if they are not actively trading for an extended period.

The absence of non-trading fees at LINE FX can be appealing to traders as it allows them to focus on their trading strategies without the burden of additional charges. However, traders should still be mindful of any potential fees that may be associated with their payment methods, such as bank fees for wire transfers, as these charges are typically determined by the financial institutions involved rather than the broker itself. Overall, LINE FX provides a fee-friendly trading environment, giving traders the flexibility to manage their accounts and trades without incurring unnecessary costs.

Deposit & Withdraw Methods

To deposit funds into a LINE FX account, users can log in and access the “Deposit” option from the TOP page. However, it is important to note that users must have internet banking registration with the financial institution from which they plan to deposit. LINE FX supports deposits from several major financial institutions, including Mitsubishi UFJ Bank, Mizuho Bank, Sumitomo Mitsui Bank, Rakuten Bank, Jibun Bank, and PayPay Bank. It is crucial to ensure that the depositor's name matches the account name with LINE FX, as the platform does not accept deposits from different names. If a deposit is made from a different name, a refund process, known as “組戻し,” will be initiated, and the customer will be responsible for any associated fees. The procedure for “組戻し” needs to be performed with the sender's financial institution, and customers can inquire about the specific steps and fees involved with the bank. LINE FX requires no minimum deposit for forex trading, which sound great for new traders to get started.

As for withdrawals, users can make requests through the LINE FX platform. It is important to note that withdrawals can only be made to the registered bank account under the same name as the LINE FX account holder. Additionally, the processing time for withdrawals may vary depending on the user's bank and other relevant factors. To ensure a smooth and efficient withdrawal process, users should make sure their bank account details are correctly registered with LINE FX.

LINE FX does not charge any deposit fees, which can be advantageous for traders. However, it is essential to check with the user's financial institution to determine if they charge any fees for transferring funds to LINE FX. Keeping in mind the deposit and withdrawal methods available and the associated costs can help traders effectively manage their finances and optimize their trading activities.

Trading Platforms

LINE FX offers two trading platforms: LINE FX Pro for PC and LINE FX App for mobile devices.

LINE FX Pro is a full-featured and high-functioning trading tool designed for ease of use and efficiency on PC. Traders can access advanced charting tools, technical indicators, and analytical features to make well-informed trading decisions. The platform's user-friendly interface provides a seamless trading experience and enables traders to execute trades with precision and speed. It is a robust platform suitable for both beginner and experienced traders who prefer to trade on their desktop or laptop devices.

On the other hand, for those who prefer to trade on the go, LINE FX App is the recommended choice. The mobile app ensures traders don't miss any trading opportunities and allows for smooth forex trading with its intuitive interface. With the app, traders can monitor their positions, check real-time market prices, and execute trades from their smartphones or tablets. The app's user-friendly design ensures easy navigation and accessibility to essential trading tools, making it a convenient option for traders who want to stay connected to the markets while on the move.

Technology

LINE FX offers 11 technical indicators with configurable parameters. Streaming charts can be displayed horizontally or vertically, and users can keep the real-time charts displayed on their smartphone screen while they quickly trade with a tap of a button. If that's not enough, the service also lets users quickly pull up four charts, change currency pairs, display a different timeline, draw a trend line, and more.

Trading hours

Day sessions: 9:00 am to 11:20 am, 11:30 am to 12:20 pm, 12:30 pm to 2:50 pm Night session: 5:00 pm to 9:00 pm. ETF trading is currently limited to day sessions. Orders are not accepted on market holidays or outside of trading hours.

Customer Support

LINE FX provides customer support to ensure a seamless trading experience for its clients. Traders can access support through AI chat available on LINE (with 24-hour availability) and an inquiry form on the platform's website. The AI chat is designed to provide quick and automated responses to common inquiries and concerns, offering timely assistance at any time of the day or night.

Additionally, clients can use the inquiry form to submit more detailed or specific questions related to their trading activities. The support team is dedicated to addressing these inquiries promptly and efficiently, aiming to resolve any issues or provide the necessary information to traders.

The customer support offered by LINE FX is an essential aspect of the broker's commitment to client satisfaction and safety. By offering free support, the broker ensures that its clients can trade with confidence, knowing that they have access to assistance whenever needed.

It's important to note that while AI chat and the inquiry form provide valuable support, they may not fully replace the personalized assistance offered by a dedicated support team. Traders who require more extensive support or face complex issues may benefit from direct communication with the customer support representatives.

Trading Tools

LINE FX offers convenient trading tools, including real-time economic indicator and market news notifications. Through their official LINE FX account, users receive timely updates, allowing them to stay informed without the need to check multiple sources. Additionally, traders can easily access the FX mobile app directly from the official account, enabling them to execute trades efficiently with a user-friendly interface and real-time market data. These tools empower traders to make well-informed decisions and navigate the financial markets effectively. However, it's essential to consider other aspects of the platform, such as trading instruments and regulatory status, to ensure it meets individual trading needs.

Bonus

LINE FX offers a rewarding point program called the “LINE FX Point Program,” where traders can earn LINE Points through their forex trading activities. The program provides an opportunity for traders to receive LINE Points as a special bonus based on their monthly trading volume, particularly for trading volumes exceeding 1 million currency units.

The point program operates on a monthly basis, and on the 15th of each month, the assessment takes place to determine the point reward rate, which is influenced by the trader's cash balance. Traders who meet the specified conditions can enjoy a doubled point reward rate, making it even more attractive for those who actively engage in trading.

By participating in the LINE FX Point Program, traders can accumulate LINE Points over time, which can be used for various purposes within the LINE ecosystem. These points can potentially be redeemed for various services or products, providing an added benefit to traders beyond their regular trading activities.

The bonus program not only incentivizes active trading but also offers traders the chance to benefit from additional rewards, further enhancing their overall trading experience with LINE FX. It's important for traders to stay updated on the program's terms and conditions to make the most of the point rewards and maximize their trading benefits.

Conclusion

In conclusion, LINE FX is a regulated forex broker founded in 2018 and authorized by the Financial Services Agency (FSA) in Japan. It offers a diverse selection of 23 major currency pairs, allowing traders to engage in forex trading and capitalize on exchange rate fluctuations. With a commission-free trading model and a maximum leverage of 1:25, LINE FX provides cost-effective and flexible trading conditions. The availability of the user-friendly LINE FX Pro platform for PC and the LINE FX App for mobile devices ensures seamless trading experiences. While the broker offers a rewarding point program and reliable customer support through AI chat and an inquiry form, it lacks educational resources and does not support cryptocurrency trading. Traders should carefully consider their individual needs and preferences when choosing LINE FX as their preferred forex broker.

FAQs

Q: Is LINE FX a regulated broker？

A: Yes, LINE FX is a regulated broker authorized by the Financial Services Agency (FSA) in Japan, which means it operates under strict rules and standards to ensure client protection.

Q: What trading instruments does LINE FX offer？

A: LINE FX specializes in forex trading and offers 23 major currency pairs, allowing traders to engage in speculation based on global exchange rate fluctuations.

Q: Does LINE FX charge commissions on trades？

A: No, LINE FX operates on a commission-free trading model, which means traders are not charged any extra fees per trade.

Q: What is the maximum leverage offered by LINE FX？

A: LINE FX provides a maximum leverage of 1:25, allowing traders to control larger positions in the market with a smaller amount of capital.

Q: What trading platforms does LINE FX offer？

A: LINE FX offers two trading platforms: LINE FX Pro for PC and LINE FX App for mobile devices, providing traders with flexibility in executing trades.