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Neptune Securities-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2022-08-31 10:10

Abstract: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 claims to provide its clients with various trading financial instruments with leverage up to 30:1 and the leading MetaTrader4 trading platforms, as well as a choice of two different live account types.

General Information & Regulation

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 claims to provide its clients with various trading financial instruments with leverage up to 30:1 and the leading MetaTrader4 trading platforms, as well as a choice of two different live account types. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, Neptune Securities presents it is authorized and regulated by the Australian Securities & Investments Commission (ASIC), and currently holding an Australian Financial Services Licensee (License No: 332890). However, it has been verified that the license Neptune Securities holds is suspicious clone. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and it receives a relatively low score of 1.32/10. Please be aware of the risk.

General Information & Regulation
General Information & Regulation

Market Instruments

Neptune Securities advertises that it mainly offers access to three different asset classes, including forex, commodities and indices.

Market Instruments

Account Types

Neptune Securities claims to offer two types of trading accounts, namely Standard and Pro. The minimum initial deposit amount to open a Standard account is unrevealed, while the Pro account requires the minimum initial capital requirement of $50,000.

Account Types

Leverage

A leverage ratio of up to 30:1 is offered by Neptune Securities. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform Available

The platform available for trading at Neptune Securities is the worlds most widely-used MetaTrader4, compatible with PC, iOS, Mac and Android terminals. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading Platform Available

Customer Support

Neptune Securities customer support can be reached by WhatsApp (Neptune FX) or email: service@neptunefx.com.au. Company address: Suite 706, 1-5 Railway Street, Chatswood NSW 2067.

Risk Warning

Online trading involves a significant level of 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.

LeverageCurrency PairBrokerDealerForex BrokerForex Currency pairleverage in forexforex marketForex trading

Related broker

Unverified
Neptune Securities
Company name:Neptune Securities LTD
Score
1.52
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.52

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