Global Broker Regulation Inquiry App
WikiFX
RichN 
1-2 years
What are the cons of trading with Neptune Securities?
Broker Issues
Regulation
07-24
United States
WikiFX
Reply
The primary disadvantage of using Neptune Securities is its lack of adequate regulatory oversight. With its VFSC license revoked and the ASIC regulation status unverified, there are significant risks in terms of fund security, operational transparency, and client protection. The absence of regulation means that there are no guarantees for fair practices or dispute resolution. For anyone thinking about logging into their platform, these cons should weigh heavily in your decision-making process.
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