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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 While it holds a license from the Vanuatu Financial Services Commission (VFSC), that license has been revoked, meaning it no longer meets the necessary regulatory standards.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.