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The "Exceeded" status means that Okasan Asset’s license with the FSA has expired or is no longer valid.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
Is JRFX a regulated broker?
Razzie87 
06-29
Are there any downsides to trading with Noor Capital UK?
J Forex Trader 
07-31
What are the pros of WealthFX?
TJensen 
07-31
Based on your own experience, what would you say are the three main benefits of using Fineco?
J Forex Trader 
08-07
Is eex a regulated broker?
Shoofar 
04-25