Franko Knavs 
1-2 years
Does the "Exceeded" status affect the trustworthiness of Okasan Asset?
Broker Issues
Regulation
07-27
United States
WikiFX
Reply
The "Exceeded" status means that Okasan Asset’s license with the FSA has expired or is no longer valid. This is a red flag for me as it indicates that they might no longer be operating within the required legal framework. While they may have once been regulated, the lack of active regulation leaves me with concerns about the safety of my investments. For Okasan Asset Investments, the absence of up-to-date regulatory oversight would make me cautious about entrusting my funds with them.
Similar Questions
What are the pros and cons of eToro?
Sanjay sirohi 
07-05
Is TRAZE a safe and legit broker to trade with?
kennis2244 
08-22
Is CG FinTech safe and legit?
kennis2244 
08-14
What are the advantages of Iwai Cosmo being regulated by FSA?
Prash_007 
08-24
Is Decode Global a safe and legit broker?
Nagarjuna 
08-01