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Toho Securities is regulated by the Financial Services Agency (FSA) of Japan. This regulation ensures that the broker adheres to strict standards of transparency and financial safety, protecting investor interests. The FSA is known for its robust oversight, making it one of the most respected regulatory bodies in the financial world. Given the high level of regulatory supervision, traders can feel confident that Toho Securities operates legally and follows necessary compliance measures. In my experience, being regulated by the FSA adds a layer of security, which is important when trading with any financial institution.