摘要:Neptune Securities, a trading name of Neptune Securities LTD, is allegedly an STP broker and financial provider involving online financial and trading services. It is established in 2009 and is located in Sydney, Australia. The broker provides online trading services in Forex, Commodities, and Indices with a choice of two trading account types on the MetaTrader 4 (MT4) trading platform. However, there is some controversy surrounding the legitimacy of Neptune Securities' Australia Securities & Investment Commission (ASIC) license.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Neptune Securities Review Summary in 10 Points | |
Founded | 2009 |
Registered Country/Region | Australia |
Regulation | ASIC (suspicious clone) |
Market Instruments | Forex, Commodities, Indices |
Demo Account | Available |
Leverage | 30:1 |
EUR/USD Spread | N/A |
Trading Platforms | MT4 |
Minimum deposit | N/A |
Customer Support | Email, WhatsApp |
Neptune Securities, a trading name of Neptune Securities LTD, is allegedly an STP broker and financial provider involving online financial and trading services. It is established in 2009 and is located in Sydney, Australia. The broker provides online trading services in Forex, Commodities, and Indices with a choice of two trading account types on the MetaTrader 4 (MT4) trading platform. However, there is some controversy surrounding the legitimacy of Neptune Securities' Australia Securities & Investment Commission (ASIC) license.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Neptune Securities has a few pros, including offering a demo account, providing market analysis, and having the client's personal capital saved in a trust account.
However, there are also several cons, including the fact that Neptune Securities' ASIC license is a suspicious clone, and they do not detail additional trading costs or provide transparent information about deposit and withdrawal methods. Additionally, Neptune Securities only offers limited customer support. Overall, it is recommended that traders carefully consider all the pros and cons before deciding to trade with Neptune Securities.
Pros | Cons |
• Demo accounts available | • No effective regulation |
• MT4 trading platform for various devices | • Lack of transparency on additional trading costs |
• Market data for trading | • No info on deposits/withdrawals |
• Basic education and technical analysis | • Only email and WhatsApp support |
• No copy trading |
There are many alternative brokers to Neptune Securities depending on the specific needs and preferences of the trader. Some popular options include:
Grand Capital - a well-regulated broker with a user-friendly trading platform, but their high fees and lack of educational resources may be a disadvantage for some traders.
Hirose Financial - a regulated broker that offers low minimum deposits, competitive spreads, and a variety of trading instruments, but their limited customer support may be a concern for some traders.
Investous - a regulated broker with a user-friendly trading platform, low minimum deposits, and a wide range of trading instruments, but their high fees and limited educational resources may be a disadvantage for some traders.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Neptune Securities claims to be regulated by Australia Securities & Investment Commission (ASIC) but their license is a suspicious clone. It raises serious concerns about the legitimacy and trustworthiness of the company. Without proper regulation, although the client personal capital is saved in trust account, there is a higher risk of fraud and the safety of clients' funds cannot be guaranteed. Therefore, it is recommended to be cautious and to consider alternative options that are properly regulated and licensed.
Neptune Securities offers a range of market instruments to its clients, including Forex, Commodities, and Indices. Forex traders can access 50 currency pairs such as such as EUR/USD, GBP/USD, and USD/JPY. Commodities traders can trade precious metals like gold and silver, as well as energy commodities like crude oil and natural gas. In addition, Neptune Securities provides access to a range of global stock indices, such as the S&P 500, Nasdaq, and FTSE 100. However, cryptocurrencies and stocks are currently unavailable.
Note: There is limited information available on Neptune Securities and their trading accounts, so please take this information with caution.
Demo Account: Neptune Securities provides a demo account that allows traders to try out the financial markets without risking real money. However, it is unclear what specific features are available on the demo account and if there are any limitations.
Live Account: Neptune Securities offers two types of trading accounts, Standard and Pro. The minimum initial deposit required to open a Standard account is not disclosed, which can make it difficult for traders to know if this account is a feasible option for them. The Pro account, on the other hand, requires a significantly higher minimum initial deposit of $50,000, which may not be accessible to all traders. It is unclear what specific features and benefits are available with each account type, such as leverage, spreads, and commissions.
The maximum leverage offered by Neptune Securities is only 1:30, which may seem too low to you. In reality, those leverage of up to 1:500 or even 1:1000 are all from unregulated or offshore regulated brokers, and as we know, offshore regulation is much less strict regulation. For brokers that are formally regulated by the major regulatory bodies, they can only offer leverage of 1:30 or 1:50 at best, which is sufficient for the novice Forex trader. Lower leverage reduces the potential gains on trades, but more importantly, it reduces much of the risk. We recommend that you always keep your account risk at 2% or less.
Neptune Securities does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with Neptune Securities, we recommend that you take the time to calculate these transaction costs.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission |
Neptune Securities | Not disclosed | Not disclosed |
Grand Capital | 1.6 pips | $5 per lot |
Hirose Financial | 1.4 pips | Not disclosed |
Investous | 0.7 pips | Not disclosed |
Note: The above information is subject to change and may vary depending on market conditions and account type. It is recommended to always check the official website of the broker for the most up-to-date information.
Neptune Securities offers MetaTrader 4 (MT4) as its trading platform of choice. MT4 is known for its reliability, stability, and user-friendly interface, and supports a wide range of technical analysis tools and indicators, as well as automated trading through Expert Advisors (EAs).
Although a long time has passed since the launch of MT4, it is still a major player in the market and is loved by both novice and experienced traders all over the world. Accessing it from different devices (PC, Mac, iOS, and Android) also makes it easier for users to trade.
See the trading platform comparison table below:
Broker | Trading Platforms |
Neptune Securities | MetaTrader 4 |
MetaTrader 4 | |
Grand Capital | MetaTrader 4, MetaTrader 5, WebTrader |
Hirose Financial | LION Trader, MetaTrader 4, LION Binary |
Investous | WebTrader, MetaTrader 4 |
Neptune Securities is ambiguous about how deposits and withdrawals work. It may cause uncertainty for potential clients.
Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The availability of popular and widely used payment methods is crucial for a smooth and efficient deposit and withdrawal process.
Neptune Securities | Most other | |
Minimum Deposit | N/A | $100 |
Additionally, timely processing of withdrawal requests is essential for clients convenience and satisfaction. Without clear and transparent information on deposit and withdrawal methods, clients may be hesitant to trust the broker with their funds, which can impact the broker's reputation.
See the fee comparison table below:
Broker | Deposit Fees | Withdrawal Fees |
Neptune Securities | Not disclosed | Not disclosed |
Grand Capital | Depends on the method, from 0% to 6% | Depends on the method, from 0% to 6% |
Hirose Financial | Free | Free |
Investous | Free | $10-$50 depending on the method used |
Neptune Securities only provides email (service@neptunefx.com.au) and WhatsApp support for its clients. This may be concerning for traders who prefer to speak with a customer support representative over the phone or through live chat. Additionally, there is no indication on their website about the availability of customer support outside of regular business hours or on weekends. While email and WhatsApp support may suffice for some traders, it is important to have access to efficient and responsive customer support in case of any issues or concerns that arise while trading.
Pros | Cons |
N/A | • Limited customer service options |
• No phone or live chat support | |
• No detailed FAQ section | |
• No social media support or forums for customer feedback |
Note: These pros and cons are subjective and may vary depending on the individual's experience with Neptune Securities' customer service.
Neptune Securities provides its clients with basic and technical analysis as its educational resources. Basic knowledge is covered in an overview of the economy, data analysis, and analysis method. On the other hand, the technical analysis section covers Dow theory, candlestick chart, support level & resistance, technical analysis, and position management.
While these educational resources can be useful for novice traders, experienced traders may find them limited. Additionally, Neptune Securities could expand their educational resources by providing additional materials such as webinars, trading guides, or a trading glossary to enhance their clients' learning experience.
On our website, you can see that one user has reported scam. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
All things considered, Neptune Securities is an online Forex and CFD broker that offers access to trade a range of financial instruments, including Forex, commodities and indices through the MetaTrader 4 platform. While the broker claims to be regulated by the Australian Securities and Investments Commission (ASIC), there are concerns about the authenticity of their license.
Neptune Securities offers limited trading accounts with low leverage, and the broker is not transparent about their fees and charges. The broker also only offers email and WhatsApp support. Overall, due to the concerns about their regulatory status and lack of transparency, we recommend traders exercise caution if considering trading with Neptune Securities.
Q 1: | Is Neptune Securities regulated? |
A 1: | No. It is currently not effectively regulated and you are advised to be aware of its potential risks. |
Q 2: | Does Neptune Securities offer demo accounts? |
A 2: | Yes. |
Q 3: | Does Neptune Securities offer the industry-standard MT4 & MT5? |
A 3: | Yes. It supports MT4. |
Q 4: | Is Neptune Securities a good broker for beginners? |
A 4: | No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency. |