WikiFX

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Based on my direct experience evaluating brokers, I take regulation and longevity seriously—both are paramount for me before considering any trading platform. Nobata stands out in that regard, as it operates under official oversight from Japan's Financial Services Agency (FSA) and has maintained its license for about 15-20 years. For me, regulation by a top-tier agency like the FSA adds a degree of credibility and legal accountability that I simply can’t overlook, particularly as the forex industry can attract unreliable operators. However, looking closer at what Nobata actually offers, I have to be cautious. While it does provide access to stocks, ETFs, bonds, and derivatives, it does not support forex, commodities, indices, cryptocurrencies, or options—none of the core products I and many other active traders often look for. Furthermore, Nobata doesn’t offer a demo account, which is a major drawback in my experience: I see the availability of demo trading as essential for testing strategies and getting comfortable with a broker’s platform risk-free. The absence of MT4 or MT5 compatibility is another significant concern for me; these platforms have become industry standards due to their reliability and powerful features. Combining that with limited public information available, I find it challenging to fully assess trading conditions such as fees, spreads, or platform usability. While Nobata’s solid regulation is a strength, for me, the lack of forex access and modern trading tools makes it less appealing overall. I would advise proceeding with care and ensuring your specific instrument and platform needs align with what they offer.