Company Summary
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WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
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MONEY SQUARE , LINE FX Broker Comparison
Do you want to know which is the better broker between MONEY SQUARE and LINE FX ?
In the table below, you can compare the features of MONEY SQUARE , LINE FX side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Benchmark
- Account Information
- Rating
- Basic Information
- Benchmark
- Account Information
2 brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Official website
Basic Information
Established(years)
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed(ms)
The highest transaction speed(ms)
The highest speed of opening positions(ms)
The highest speed of closing position(ms)
Slowest transaction speed(ms)
The lowest speed of opening positions
(ms)
The lowest speed of closing position(ms)
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
- Average transaction cost (USD/Lot)
Rollover Cost
Rollover cost rating
- Average Rollover Cost (USD/Lot)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time(ms)
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
Pin on the left
6.71
Regulated
No guarantee
--
10-15 years
FSA
Not supported
Not supported
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Pin on the left
7.74
Regulated
No guarantee
--
--
5-10 years
FSA
Not supported
Not supported
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Score
Regulatory Status
Regulated
Regulated
Which broker is more reliable?
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of money-square, line-fx lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
money-square
| MONEY SQUARE Review Summary | |
| Founded | 2015 |
| Registered Country/Region | Japan |
| Regulation | FSA |
| Market Instruments | Forex, CFDs |
| Demo Account | ✅ |
| Leverage | Up to 1:25 |
| Spread | From 0.1 pips |
| Trading Platform | Proprietary platform |
| Min Deposit | 0 |
| Customer Support | Tel: +81 03-3470-5050 |
| X, YouTube, LINE, Instagram | |
MONEY SQUARE Information
Founded in 2015, MONEY SQUARE is a regulated broker registered in Japan, offering trading on forex and CFDs with leverage up to 1:25 and spread from 0.1 pips through a proprietary trading platform. Demo accounts are available and there is no minimum deposit requirement.
Pros and Cons
| Pros | Cons |
| FSA-regulated with long establishment | Limited trading products |
| Demo accounts | No MT4/MT5 platform |
| No minimum deposit | Limited payment options |
| Only accept Japanese Yen for deposits and withdrawals |
Is MONEY SQUARE Legit?
Yes. ATFX is regulated by Financial Services Agency (FSA).
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | Financial Services Agency (FSA) | Regulated | 株式会社マネースクエア | Retail Forex License | 関東財務局長（金商）第2797号 |
What Can I Trade on MONEY SQUARE?
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Leverage
The broker offers max leverage of 1:25. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
MONEY SQUARE Fees
MONEY SQUARE does not set transaction fees for users, but charges a certain amount of spreads, for example, from 0.1 pips for USD/JPY, 0.1 pips for GBP/JPY and 0.1 pips for NZD/JPY.
No commission fee is required. Depending on the interest rate situation in each country, swaps may change from “receipt” to “payment”, or payments may be made on both buy and sell positions.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Windows, Mac, iPhone, Android | / |
| MT4 | ❌ | Beginners | |
| MT5 | ❌ | Experienced traders |
Deposit and Withdrawal
The broker accepts payments via both quick deposit and transfer payments. MONEY SQUARE recommends the former because it is instant and free of charge, while the latter requires the client to bear the transfer fees. Note that MONEY SQUARE only accepts Japanese Yen for deposits and withdrawals.
line-fx
| LINE FXReview Summary | |
| Founded | 2018 |
| Registered Country/Region | Japan |
| Regulation | FSA |
| Market Instruments | Currency pairs |
| Demo Account | / |
| Leverage | / |
| EUR/USD Spread | From 0.3 pips |
| Trading Platform | LINE FX APP, LINE FX Pro |
| Min Deposit | / |
| Customer Support | AI Chat, Contact form |
LINE FX was registered in 2018 in Japan, which specializes in forex trading. It uses its own trading platforms, and does not support MT4 or MT5. Moreover, it is regulated by the Financial Services Agency (FSA) in Japan. However, it does not reveal much information about account details.
Pros and Cons
| Pros | Cons |
| Regulated by FSA | Only forex trading |
| Promotions provided | Limited info on trading conditions |
| No MT4 or MT5 | |
| Limited payment options | |
| Limited contact channel |
Is LINE FX Legit?
Yes, LINE FX is regulated by the Financial Services Agency (FSA) in Japan.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Financial Services Agency (FSA) | Regulated | Japan | Retail Forex License | 関東財務局長（金商）第3144号 |
WikiFX Field Survey
WikiFX field survey team visited LINE FX's regulatory address in Japan, and we found its physical office.
Spread
For the EUR/USD pair, the spread can be as low as 0.3 pips.
Trading Platform
LINE FX uses 2 trading platforms, including LINE FX APP and LINE FX Pro, and it does not support MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| LINE FX APP | ✔ | Mobile | / |
| LINE FX Pro | ✔ | PC | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
As for deposit options, customers can choose Quick Deposit or Bank Transfer Deposit. However, other details, such as the processing time, fees, and minimum deposit or withdrawal, are not clear.
Are the transaction costs and expenses of money-square, line-fx lower?
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 money-square and line-fx are, we first considered common fees for standard accounts. On money-square, the average spread for the EUR/USD currency pair is -- pips, while on line-fx the spread is --.
Which broker between money-square, 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.
money-square is regulated by FSA. line-fx is regulated by FSA.
Which broker between money-square, 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.
money-square provides trading platform including -- and trading variety including --. line-fx provides trading platform including -- and trading variety including --.