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From my experience as a forex trader, one of the foremost factors I always examine before considering any broker is its regulatory standing. For Retela, I found that it operates under the oversight of Japan's Financial Services Agency (FSA). This is significant in my view because the FSA is regarded as one of the more respected regulatory bodies globally, known for strict compliance and robust investor protection measures. Holding a retail forex license in Japan means Retela is required to adhere to precise operational standards, such as reporting, segregation of client funds, and capital requirements. However, for me, regulation alone is never a complete guarantee of safety, but it does significantly lower the risk of encountering outright fraudulent practices. The FSA’s involvement provides an additional layer of accountability that is important, especially considering the inherent risks in forex trading. In practice, dealing with an FSA-regulated entity means I can have more confidence that disputes, if any, are more likely to be handled fairly compared to unregulated environments. Still, it remains critical to personally verify up-to-date licensing information and to balance regulatory comfort with other aspects like withdrawal reliability and support responsiveness when making my choice.