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Yes, Eiwa Securities is a legitimate broker authorized by the Japan Securities Dealers Association and regulated by the Kinki Finance Bureau. Since its establishment in 1949, the company has earned the trust of many investors, and its regulation by Japan’s Financial Services Agency (FSA) further enhances its credibility. However, like all investments, trading involves inherent risks, such as market volatility, and being regulated does not eliminate the possibility of financial loss. Traders should always perform their own due diligence to assess the broker's suitability for their needs.