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Yes, UYS is regulated by the Financial Services Agency (FSA) in Japan, holding a Retail Forex License (License No. 関東財務局長（金商）第29号). From my perspective, this regulation provides a solid framework for oversight, ensuring that the broker adheres to Japanese financial laws and standards. While being regulated doesn’t remove all risk, it gives traders a level of confidence, especially compared with unregulated brokers. I personally value the transparency and formal compliance this brings.