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Vatee’s regulation by ASIC is a significant advantage, in my opinion. ASIC is known for its rigorous regulatory framework, which ensures that brokers maintain high standards of transparency and client protection. This gives me a level of confidence that the broker is following ethical practices. The dual regulation, with the VFSC adding an additional layer of oversight, is a positive in terms of legitimacy. However, I would still lean towards brokers that are solely regulated by stronger global authorities.