Global Broker Regulation Inquiry App
WikiFX
webgalaxy 
1-2 years
Is Neptune Securities regulated by a financial authority?
Broker Issues
Regulation
07-24
United States
WikiFX
Reply
Neptune Securities is not currently regulated by any recognized financial authority. While it holds a license from the Vanuatu Financial Services Commission (VFSC), that license has been revoked, meaning it no longer meets the necessary regulatory standards. Additionally, the Australian Securities and Investments Commission (ASIC) has an unverified regulatory status with Neptune Securities. This lack of clear regulatory oversight raises serious concerns about its legitimacy and safety. If you're considering logging into Neptune Securities' platform, it's important to understand the risks associated with unregulated or poorly regulated brokers.
Similar Questions
Based on your own experience, what do you consider to be the three main benefits of banking with CommBank?
Rojas
08-19
Is STRIKE PRO a legit broker to trade with?
Solotim
06-16
Is Levels regulated?
Elio Matacena
08-05
Is AYA Markets safe to trade with?
tabawan_dreamer
05-29
Is Fusion Markets a regulated broker?
Phoebe Yao
06-04