Diamond FX Palette contains wax-based, water activated paint. At first sight the Neon paints seem to have less coverage, they are however incredibly bright under blacklight and can be painted over any color, while maintaining their brightness and coverage.
 
DFX paints are formulated with EEC and FDA compliant cosmetic ingredients however  the Neon palettes contain paints that are not approved for cosmetic use. The neon pigments have not been tested by the FDA and are therefore labeled for use on hair and special effects only.