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In my experience as a forex trader, when evaluating the reliability of a broker, regulatory status is among the first aspects I investigate. For Mizuho FX, I found that it is regulated in Japan and holds a retail forex license. Specifically, its operations fall under the oversight of the Japanese Financial Services Agency (FSA), with its license registered to Mizuho Securities Co., Ltd. This type of regulation is particularly relevant for me, as Japanese oversight is regarded for its rigorous standards regarding compliance, operational security, and risk management. Having been in operation for 5-10 years, Mizuho FX's established presence under its regulatory body lends it a degree of credibility in the Japanese market. In my approach, I always prioritize brokers regulated by authorities like the FSA because it provides an additional layer of security and recourse in the event of any dispute. Still, I recognize that regulation does not completely eliminate risk. For me, due diligence means verifying such details directly on official regulator websites and remaining cautious, as the forex industry can evolve rapidly. So while Mizuho FX is indeed a regulated entity under the Japanese FSA, I advise thorough personal verification and ongoing vigilance to ensure a secure trading experience.