WikiFX

Reply

From my own experience researching and evaluating brokers for my trading needs, I’ve learned to be cautious—especially with brokers like Linear that present a mixed regulatory and transparency profile. Linear operates under an FCA (Financial Conduct Authority) license in the UK, specifically as an STP (Straight Through Processing) institution. This means, in principle, Linear should pass orders directly to the market rather than act as a counterparty. For me, this model is often more attractive due to the typically reduced conflict of interest, but I always look for clear, accessible details on account types and trading conditions. Unfortunately, Linear’s public information does not provide explicit clarity on its range of account types, such as specific spreads, leverage, commission structures, or platform features for different trader profiles. In my trading, I prefer brokers that transparently outline whether they offer Standard, ECN, or professional accounts, since these account types directly impact trading costs and strategies. Lack of such specificity at Linear raises important questions for me about accessibility, minimum deposit requirements, and suitability—vital details for anyone managing significant capital or relying on cost efficiency. Given these uncertainties, I would advise prospective traders to approach with due diligence. If considering Linear, I’d strongly recommend contacting their support directly for precise information and thoroughly verifying all conditions before risking funds. In the realm of forex, transparency on account distinctions isn’t just a detail—it’s a cornerstone of trust and risk management.