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Yes, Okasan Securities is generally considered safe and legit due to its regulation by the Japan Financial Services Agency (FSA). This regulation offers substantial protection for investors, as the FSA enforces strict operational standards, including ensuring that customer funds are kept in segregated accounts. In addition, Okasan Securities has been in operation since 1923, which further adds to its credibility and reputation. A long-standing history in the industry often indicates that a broker has built a trustworthy relationship with its clients. Okasan Securities offers a wide range of financial services, including Japanese stocks, ETFs, mutual funds, margin trading, and retirement accounts like iDeCo and NISA, which are all products that benefit from the safety net of being regulated by the FSA. This means that Okasan Securities adheres to best practices in terms of client fund protection, transparency, and operational integrity. However, like any financial institution, there are some risks to consider, particularly with some of Okasan Securities' online entities having unclear regulatory status. While the primary entity is regulated, the online branch 岡三オンライン証券株式会社 has encountered some regulatory discrepancies, which could lead to potential confusion for traders. It's crucial to double-check the entity you're dealing with to avoid any risks associated with unregulated platforms. Despite these issues, Okasan Securities has a strong reputation for providing secure and legitimate trading services.