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Vault Markets Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.vault-ma..., the company's legitimate regulatory information to enhance the security of the company's address 2nd floor, Nelson Mandela Square, Maude Street, Sandton

Vault Markets Forex Broker

Basic Information

Registered Region
South Africa
Operating Period
--
Company Name
Vault Markets
Abbreviation
Vault Markets
Company employee
--
Customer Service Email Address
info@vault-markets.com
Company address
2nd floor, Nelson Mandela Square, Maude Street, Sandton
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: Vault Markets official site - https://www.vault-markets.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Vault Markets Review Summary in 10 Points Founded 2021 Headquarters South Africa Regulation No license Market Instruments Forex, Shares, Indices, and Cryptocurrencies Demo Account N/A Leverage 1:500 EUR/USD Spread From 1 pip Trading Platforms MT4 Minimum deposit $5 Customer Support Phone, email What is Vault Markets? Vault Markets is an unregulated multi-asset broker founded in 2021 and registered in South Africa that claims to provide its clients with various tradable financial instruments with leverage up to 1:500 and floating spreads from 1 pip on the MT4 trading platform via 6 different live account types. Pros & Cons Vault Markets' advantages include its competitive spreads, low minimum deposit requirement, multiple account types, and user-friendly trading platform. However, its disadvantages include the lack of regulatory licenses and unavailable website. Pros Cons • Offers a wide range of trading instruments • Unregulated by any financial authority • Low minimum deposit requirement • Website is unavailable • Provides competitive spreads and leverage • Allows trading on MetaTrader4 • Offers multiple account types Vault Markets Alternative Brokers There are many alternative brokers to Vault Markets in the market that offer similar services, such as IC Markets, Pepperstone, XM, and Tickmill. IC Markets: IC Markets is a well-established broker with a strong reputation, offering a wide range of trading instruments, competitive pricing, and advanced trading platforms. XM: XM is a reputable broker with a wide range of trading instruments, low minimum deposit, competitive pricing, and a user-friendly platform. Tickmill: Tickmill is a reliable broker offering competitive pricing, a wide range of trading instruments, and a user-friendly platform, with a focus on transparency and security. It is important to conduct thorough research on any broker you are considering to ensure that they are reputable and suitable for your trading needs. Factors to consider may include regulations, fees, trading platforms, customer service, and trading instruments offered. Is Vault Markets Safe or Scam? Vault Markets does not seem to be a regulated broker by any major financial authority. The lack of regulation raises concerns about the safety of client funds and the overall legitimacy of the company. It is important for traders to do their own research and due diligence before deciding to trade with an unregulated broker. Market Instruments Vault Markets offers a range of tradable financial instruments that include Forex, Shares, Indices, and Cryptocurrencies. Forex traders can enjoy competitive spreads and leverage, while share traders can access a wide range of global markets. Additionally, the platform offers various indices, such as NASDAQ and S&P500, for those looking to trade a diversified portfolio. Lastly, Vault Markets has recently expanded its trading offerings to include cryptocurrencies like Bitcoin, Litecoin, and Ethereum, providing traders with a new asset class to diversify their portfolios. Accounts Vault Markets offers 6 trading accounts in total, namely Vault100, Vault200, Swap Free, Vault Zero, Vault No Bonus, and Vault Cent. The minimum opening balance for Vault100, Vault200, Vault No Bonus, and Vault Cent accounts is as low as $5, while $100 for Swap Free and Vault Zero accounts. Although this requirement sounds encouraging, traders are not advised to register real trading accounts here given the fact that Vault Markets is unregulated. Leverage The maximum trading leverage offered by Vault Markets is as high as 1:500. Leverage can amplify gains as well as losses, traders are not advised to use too high leverage. Spreads & Commissions The spreads on major currency pairs start from 1 pip, which could be considered a competitive pricing model compared to other brokers in the market. Unfortunately, there is no available information about Vault Markets' commission fees. Traders may need to contact the broker's customer support team for further details on pricing and fees. Below is a comparison table about spreads and commissions charged by different brokers: Broker EUR/USD Spread Commission Vault Markets 1 pip N/A IC Markets 0.0 pips $7 round turn XM 0.1 pips Zero Tickmill 0.0 pips $4 round trip Note: Spreads can vary depending on market conditions and volatility. Trading Platforms The only platform provided for trading is the popular MetaTrader4 (MT4) trading platform developed by the Russian software company MetaQuotes. Vault Markets provides the MT4 platform as a downloadable windows desktop application and also as Mobile APPs. MAC OSX users are advised to contact the support team for assistance on how to install MT4 on their systems. Other brokers provide MT4 for MAC. See the trading platform comparison table below: Broker Trading Platforms Vault Markets MT4 IC Markets MT4, MT5, cTrader, WebTrader XM MT4, MT5, WebTrader Tickmill MT4, MT5, WebTrader Note: Some brokers may offer additional platforms or have different versions of the above platforms with varying features. Deposits & Withdrawals Payment Options: Bank Card (minimum deposit of $3), Bitcoin (minimum deposit of $10), Internet Banking (minimum deposit of $10), Internal Transfer (minimum deposit of $1), Neteller (minimum deposit of $10), Perfect Money (minimum deposit of $50), Skrill (minimum deposit of $10). Vault Markets minimum deposit vs other brokers Vault Markets Most other Minimum Deposit $5 $100 Customer Service Vault Markets offers multiple contact channels, including phone (27(0) 10 449 6045), email (info@vaultmarkets.trade), Skype, WhatsApp and social networks like Twitter, Instagram and YouTube. Company Address: 2nd floor, Nelson Mandela Square, Maude Street, Sandton; 9th Floor, SKYCITY MALL, University Road Dar es Salaam, Dar es Salam, Tanzania; Unit 3b, South Port, Hosea Kutako Drive, Windhoek, Namibia. Overall,Vault Markets' customer service is considered reliable and responsive, with various options available for traders to seek assistance. Pros Cons • Multiple contact channels including phone, email, Skype, and social networks • No 24/7 customer support availability • No live chat option Note: These pros and cons are subjective and may vary depending on the individual's experience with Vault Markets' customer service. Conclusion Overall, Vault Markets seems to be a relatively new forex broker that offers competitive trading conditions such as tight spreads, high leverage, and a variety of trading instruments. It also provides multiple contact channels for customer support. However, it is important to note that Vault Markets does not appear to be regulated, which may raise concerns for some traders about the safety and security of their funds. Frequently Asked Questions (FAQs) Q 1: Is Vault Markets regulated? A 1: No. It has been verified that Vault Markets currently has no valid regulation. Q 2: Does Vault Markets offer the industry-standard MT4 & MT5? A 2: Yes. Vault Markets supports MT4. Q 3: What is the minimum deposit for Vault Markets? A 3: The minimum initial deposit at Vault Markets to open an account is just $5. Q 4: Is Vault Markets a good broker for beginners? A 4: No. Vault Markets is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

Rating Index

Vault Cent

Minimum Deposit
$5

Vault No Bonus

Minimum Deposit
$5
How to login to Vault Markets?
Vault Markets Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Vault Markets Account Registering for a Vault Markets account is the first step towards accessing a wide range of trading instruments and tools. Follow th

  

Vault Markets Broker - Complete Information Guide

  

1. Overview of the Broker

  Vault Markets, established in 2021, is a South African-based brokerage firm that primarily focuses on forex trading and offers a range of financial instruments including CFDs on stocks, indices, commodities, and cryptocurrencies. The company operates under the official name Vault Markets (Pty) Ltd and has its headquarters located in Johannesburg, South Africa, with significant offices also in Namibia and Tanzania.

  The firm is privately owned and has rapidly gained traction in the trading community, claiming to serve over 350,000 clients across predominantly African markets. Vault Markets aims to provide a robust trading environment tailored to both novice and experienced traders, offering various account types and leveraging competitive trading conditions. The company is a product of 1st Fintech Capital (Pty) Ltd, which is licensed by the Financial Sector Conduct Authority (FSCA) in South Africa.

  Vault Markets operates primarily in the retail forex sector, providing services tailored to individual traders looking to participate in the global financial markets. The firm has positioned itself as a modern brokerage with a focus on technology-driven solutions, including the popular MetaTrader 4 and MetaTrader 5 trading platforms.

  

2. Regulatory and Compliance Information

  Vault Markets is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, under license number FSP 51478. The FSCA is responsible for overseeing non-banking financial institutions, ensuring they operate in a fair and transparent manner. However, it is important to note that the regulatory framework provided by the FSCA is considered less stringent than that of top-tier regulators like the FCA in the UK or ASIC in Australia.

  The company claims to implement Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, which are essential for compliance and the protection of client funds. However, there is limited information regarding the segregation of client funds, which is a critical aspect of ensuring the safety of traders' investments. Additionally, Vault Markets does not participate in any investor compensation schemes, which further raises concerns about the safety of client funds in the event of financial difficulties.

  The lack of transparency regarding the regulatory status of its associated entities, particularly Karibu FX Financial Consultant Services (Pty) Ltd in Namibia, adds to the uncertainty surrounding the broker's overall compliance and reliability.

  

3. Trading Products and Services

  Vault Markets offers a diverse range of trading products, catering to various trading preferences. The firm provides access to over 200 currency pairs, including major, minor, and exotic currencies. Their primary focus remains on forex trading, but they also offer CFDs on various asset classes:

  • Stocks: Traders can speculate on the price movements of various publicly listed companies.
  • Indices: Vault Markets provides access to a selection of global indices, allowing traders to trade on the performance of stock market sectors.
  • Commodities: The platform offers trading in commodities such as gold, silver, and oil.
  • Cryptocurrencies: Traders can engage in the growing cryptocurrency market with a selection of five major digital currencies.

  The broker continuously updates its product offerings to meet the evolving demands of its clients, although the exact frequency of these updates is not specified. Vault Markets primarily serves retail clients, but it also has provisions for institutional services, including white-label solutions for other financial entities.

  

4. Trading Platforms and Technology

  Vault Markets supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, both of which are renowned for their user-friendly interfaces and advanced trading capabilities. MT4 is particularly popular among forex traders, offering robust charting tools, technical analysis features, and automated trading through Expert Advisors (EAs).

  The MT5 platform enhances the trading experience further by providing additional order types, timeframes, and built-in economic calendars. However, there is no proprietary trading platform available from Vault Markets, which may limit some traders who prefer a customized trading environment.

  The broker also offers a mobile application compatible with iOS and Android, allowing traders to manage their accounts and execute trades on the go. However, the mobile app does not currently support full trading functionalities, which may be a drawback for some users.

  Vault Markets utilizes a market execution model, ensuring that trades are executed at the best available prices. The broker's servers are situated in secure locations, although specific details about their technological infrastructure are not disclosed.

  

5. Account Types and Trading Conditions

  Vault Markets provides a variety of account types, each designed to cater to different trading needs. The main account types include:

  • Vault 200 Account: Minimum deposit of $5, leverage up to 1:500, spreads starting from 1 pip, and a 200% bonus on deposits.
  • Vault 100 Account: Similar conditions with a 100% bonus.
  • Vault 50 Account: Requires a minimum deposit of $5, with no hedging allowed.
  • Vault Swap-Free Account: Designed for Muslim traders, requiring a minimum deposit of $100.
  • Vault Zero Account: Minimum deposit of $100, offering spreads from 0 pips, but with commission fees.
  • Vault No Bonus Account: Minimum deposit of $5, with standard trading conditions.

  The broker does not offer a demo account, which is a significant limitation for new traders looking to practice their strategies without financial risk. Leverage ratios vary across account types, with some accounts offering up to 1:1000, which can amplify both profits and losses.

  

6. Fund Management

  Vault Markets supports a range of deposit methods, including bank transfers, credit/debit cards, and electronic wallets such as M-Pesa and Bitcoin. The minimum deposit requirement varies by account type, with most accounts starting at $5.

  Deposits are generally processed quickly, with instant processing available for card payments and e-wallets. However, the processing time for bank transfers can take 2-5 working days.

  Withdrawals can be made using similar methods, with no minimum or maximum withdrawal limits reported. However, users have expressed concerns regarding withdrawal processing times, with some delays reported. While the broker claims to process withdrawals within hours, many clients have experienced significant delays, raising questions about the broker's liquidity and operational efficiency.

  

7. Customer Support and Educational Resources

  Vault Markets offers multiple channels for customer support, including phone, email, and live chat options. The support team is reportedly available 24/7, although the quality and responsiveness of the service have received mixed reviews from users.

  In terms of educational resources, Vault Markets provides access to various materials, including trading guides, webinars, and podcasts. However, the range and depth of these resources may not be sufficient for more experienced traders seeking advanced education.

  The broker also offers market analysis services, but there is no indication of comprehensive research tools such as an economic calendar or trading signals, which are often essential for informed trading decisions.

  

8. Regional Coverage and Restrictions

  Vault Markets primarily targets clients in the African region, with a significant customer base in South Africa, Namibia, and Tanzania. The broker does not accept clients from certain jurisdictions, including the United States, Canada, Japan, and North Korea.

  With offices in multiple locations, Vault Markets aims to provide localized support and services to its clients, although its regulatory status may limit its operations in regions with stricter financial regulations.

  In summary, while Vault Markets presents itself as a competitive brokerage option with various trading products and services, potential clients should exercise caution due to regulatory concerns and mixed reviews regarding customer support and withdrawal processes. Always conduct thorough research and consider the associated risks before engaging with any brokerage.

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Latest Reviews

为民维权

为民维权

Nigeria

Vault Markets is like a rubbish and I’ll never use it again. That guy, Austin, you are a disgusting man! You steal my money so easily. I wish you go to hell!!!

37130

2023-02-24

Mpho

Mpho

South Africa

I just deposited few minutes ago but my money didn't reflect in the vault market trading account

Exposure

2022-10-27

FX1070494334

FX1070494334

South Africa

I can't make a internet transfer

Exposure

2022-08-02

Vault Markets Forex Broker has an overall rating of 1.47, Regulatory Index 0.00, License Index 0.00, Business Index 6.71, Software Index 4.00 Risk Control Index 0.00.
Vault Markets