Under a heading called Regulatory Compliance, Neuron Markets tells Indian readers it holds authorisation and regulation from Indian financial authorities. Your contract names only a Saint Lucia registration and Mauritius law.
Why this matters
You would be signing with a Saint Lucia company, not a firm any Indian regulator supervises. If the money goes wrong, no Indian authority has a file on this company to open.
Exhibit 1Every flagged clause gets its own number so you can point at this one. The number does not change, so a link to it keeps working.CriticalHow much this clause can cost you, in our reading. Critical can take your money or your profit. Warning can delay or limit it. Notice is simply worth knowing before you sign.Rarely seenHow ordinary this wording looks next to the contracts we read. This is our reading of the clause, not a count of other brokers.
Company: Shall mean NEURON MARKETS LTD, a company registered in Saint Lucia and regulated by the International Financial Centre (IFC) with registration number 2024-00125.
Where it sits: section 5 of 231 in the Client Agreement, near the start.We counted the numbered sections in the Client Agreement. This clause sits in section 5 of 231, about 2% of the way through. A fee written on the first page and the same fee written near the end are not the same disclosure.
Our readingOur own comment on the clause, not the broker's words. Anything we quote is marked as a quotation.Offshore brokers usually stay vague about local regulators. Naming a country's financial authorities as your own supervisors, in a page written for that country, is a specific claim, and the contract contradicts it outright.