General Information & Regulation
LINE Securities Corporation (established in 2018) released LINE FX on March 16, 2020 in Tokyo – a new foreign exchange margin trading (“forex”) service. It is the third and latest service to become part of the company's eponymous mobile investment service. LINE Securities is authorized and regulated by Financial Service Agency of Japan under license number 6011101084363.
Market Instruments
Users can trade 10 major currency pairs, 10,000 currency units at a time, free of transactions fees, based on the lowest spread and high swap points compared to industry standards.
Order Types
LINE FX offers eight order types: streaming, market, limit, stop limit, one cancels the other (OCO), if done (IFD), if done one cancels the other (IFD-OCO), and close all. Orders can also be executed on a first-in, first-out (FIFO) basis. Users can combine this with the different order types according to their trading style.
Minimum Deposit
LINE FX requires no minimum deposit for forex trading, which sound great for new traders to get started.
Leverage
To place an order, users must pledge a margin of at least 4% (25:1 leverage) of the trade value for every currency pair.
Spreads & Commissions
LINE FX does not charge any transaction fees. Spread on EURJPY start from 0.2 pips, EURJPY from 0.3 pips, GBPJPY from 0.5 pips, AUDJPY from 0.3 pips.
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.
2-5 years 
