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In my experience as a trader, one of the first things I look at with any broker is its regulatory status and history. T&D has the advantage of being regulated in Japan by the Financial Services Agency, with a retail forex license, and it has operated for over 15 years. That regulatory framework provides a valuable level of baseline oversight, but the picture is more nuanced. There is a "medium potential risk" and an alert about a "suspicious scope of business" noted, which, for me, signals the need for increased caution. It’s important to recognize that Japanese regulation is usually strict, but any ambiguity around the broker’s business model or scope may lead to complications for clients if issues arise. Another consideration is support and transparency. T&D offers only email customer support rather than more immediate communication options like online chat or a hotline, which could prolong resolution times if account or withdrawal issues occur. Clarity on exactly what is traded matters to me—T&D’s focus appears more on investment management and strategies like AXIA, SOPHIA, and ESG, rather than classic, broad-based retail forex trading. Any lack of detail about trading conditions—such as spreads, leverage, or platforms—adds to operational uncertainty. Lastly, I noticed a user complaint about withdrawal problems, which, even if isolated, is never something I ignore. Coupled with the lack of detailed public user feedback, it leaves me cautious. None of these single factors is decisive on its own, but taken together, they highlight the importance of thorough due diligence and a careful approach if considering T&D.