A fishing line accessory system for securing fishing accessories to a fishing line includes a primary coupling component, a secondary coupling component coupleable with the primary coupling component, and at least one fishing accessory. One of the coupling components has a first magnet, at least one fishing accessory includes a second magnet, and the second magnet is attachable to and detachable from the first magnet. The fishing line is secured between the primary coupling component and the secondary coupling component.