ANSWER No, Gfacapital is not regulated by the Financial Services Agency (FSA) in Japan because there are no records in the watchdog's database matching the platform. More importantly, Gfacapital is an unregulated broker flagged by German's financial regulatory body, the Federal Financial Supervisory Authority (BaFin).It is a significant scam indicator that Gfacapital fails to disclose any information about its regulatory information and licensing data. Typically, legitimate brokers are required to prominently display their accreditation and licenses to instill transparency and trust, whereas the lack of information thereof may suggest that it is a scam.What's more, BaFin has warns consumers about Gfacapital, saying the company is offering financial and investment services on its website gfacapital.org without the required authorization. You can refer to here for the full warning.Therefore, it is dangerous to deal with the scam broker Gfacapital because it entails significant risks, such as fraud and identity theft. If any violation occurs, traders using this platform cannot get protected by rules. To mitigate such risks, we strongly advise investors against such unlicensed brokers as Gfacapital and instead to choose a fully regulated one.
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