it’s one of those (rare!) terribly simple, black-and-white issues: either your account with them is ASIC-regulated (in which case you don’t need to be concerned at all) or it isn’t (in which case don’t touch them with a barge-pole)
they (understandably) make a misleadingly big deal out of being ASIC-regulated to attract customers, and then typically give them accounts “regulated” in Vanuatu (from the customer’s perspective, that’s just another way of saying “unregulated”, of course)
you need to verify this with them, in writing (live chat of which you’re sent a copy by email will do) before sending them money
it honestly is as simple as that
good luck