Vault Markets Review: Scam or Safe ? Pros & Cons

Vault markets- Feature Image
Min Deposit
$5/ZAR 80
Min Spread
0 pips
Regulation
FSCA
Max Leverage
1:500
Broker Trust
7/10

OVERVIEW

                  Broker’s Name                             Vault Markets
                  Headquartered                 South Africa
                       Founded                   2021
               Regulating Authority                   FSCA
                  Demo Account                     No
               Institutional Account                     No
                 Maximum Leverage                     1:500
                Minimum Deposit                     $5/ZAR 80                     
                  Platform Types                          MetaTrader 4 and MetaTrader 5
                 Tradable Assets Offered
  • Commodities
  • Forex
  • Indices
  • Shares
               Withdrawal Options
  • Skrill
  • Perfect money
  • Neteller
  • Internet Banking
  • Internet Transfer
  • Bitcoin
  • BankCard
                   Deposit Options
  • Bank Card
  • Bitcoin
  • Internet Banking
  • Neteller
  • Internet Transfer
  • Perfect money
  • Skrill


RECOMMENDED FOR

Vault Markets is a trustable broker which offers reliable user-experience for their customers. With lower spreads and high leverage, the platform is recommended for both novice and experienced traders. 

The nascent traders could experience smooth navigation across the platform or while making deposits and withdrawals.Although, Vault Markets lacks Demo Account services which is a big drawback for the learning traders.
IS VAULT MARKETS REGULATED BROKER

IS VAULT MARKETS REGULATED BROKER ?

VaultMarkets works under the regulation of the Financial Sector Conduct Authority, South Africa, with licence number FSP-49015. This regulatory oversight ensures that VaultMarkets functions as a secure and trustworthy broker. With a higher authority monitoring every aspect of the broker’s operations, the chances of fraudulent activities are significantly minimised. 

Therefore, traders can confidently choose VaultMarkets as a reliable and secure platform to invest their assets, free from concerns about potential scams.

Source 

ACCOUNT TYPES AT VAULT MARKETS

ACCOUNT TYPES AT VAULT MARKETS

Account Types Vault 50/100/200 Vault Zero Vault No Bonus Vault Cent Islamic Account
Minimum Deposit $5 $100 $5 $5 $100
Leverage 1:500 1:500 1:500 1:500 1:500
Spread 1 pip 0 pip 1 pip 1 pip 1 pip

Vault markets- ACCOUNT OPENING PROCESS- registration page

ACCOUNT OPENING PROCESS

STEP 1. Visit the Vault Markets Website

STEP 2. Click on “Register icon”, placed on the right side of the website, to open your account

STEP 3. Complete the details required in the concerned form.

STEP 4. By accepting the terms and conditions, you can click on “Register Now”.

STEP 5: You will receive an email for confirmation.

STEP 6: After confirming, deposit the funds and required documents.

STEP 7: Start Trading with Vault Markets.

 

PROS AND CONS OF VAULT MARKETS

                        PROS                   CONS
User-friendly interface of the website Lacks research tools
Wide educational resources Limited Portfolio
No withdrawal fees or deposit fees Demo Account not available
Secured Regulated Broker
Negative Balance Protection to traders

vault markets TRADING PLATFORMS

TRADING PLATFORMS

MOBILE APPLICATION METATRADER 4 METATRADER 5
Easily handle accounts Multilingual interface Yet to be introduced
Monitor real-time pricing Fully Customizable Charts
Review past trading activities Available in 30 languages.
Customizable graphs

TRADING ASSETS

STOCKS COMMODITIES FOREX INDICES CRYPTO
  • Go long or short on big brands
  • Traders can take positions on different commodities
  • 200+ major and minor currency pairs
  • 10+ world’s largest stock indices
  • Tradable cryptocurrencies are bitcoin, ethereum
  • Such as Adidas, Nike, Tesla
  • Precious Metals and Oils
  • GBP/EUR and USD/GBP
  • NAS100 and US30
  • Ripple, BitcoinCash

 

RELIABILITY AND SECURITY

Vault Markets, a reputable broker, operates in six countries worldwide. It is a licensed and regulated broker headquartered in South Africa. With an impressive trust score of 84 out of 99, Vault Markets appears to be a reliable choice.

 

USER EXPERIENCE

The VaultMarket’s website user experience is quite smooth and user-friendly. The traders can register themselves without any difficulty as the interface could be understood by a layman too.

Several services related to trading are on the top bar, thus the services become easily accessible to the users.

Overall, The user experience is fine and trading, here, might feel like a cake walk.

 

CUSTOMER SUPPORT OF VAULT MARKETS

Email Address [email protected]
Helpline Contact Number +27104496045 – South African clients 

+255742297685 – Tanzanian clients 

+264813682400 -Namibian clients

Live Chat


CONCLUSION

VaultMarkets , a licensed and regulated broker based in South Africa, aims to provide its customers with a personalised trading experience. They achieve this by allowing clients to select the type of account that best aligns with their trading style, ensuring they receive more of what they desire and less of what they don’t.

Having entered the forex market in South Africa as one of the newest players, Vault Markets was established in 2021 and offers a range of highly appealing features. Clients have the opportunity to trade a wide variety of financial instruments with Vault Markets and they enjoy the convenience of 24/7 trading availability.

FAQ

Who owns Vault Market?

1st Fintech Capital, South Africa is the owner of VaultMarkets. The platform works under Egolix Forex Ltd- company no. 2017/157566/07.

Is Vault Markets licensed?

Located in South Africa, Vault Markets is a licensed and regulated broker that strives to enhance your trading journey by offering the flexibility to tailor your account type to suit your unique trading style. By personalising your account, Vault Markets aims to provide you with a trading experience that caters specifically to your needs and aspirations.

Do Vault Markets have commission?

Vault Markets offer commission-free trading to all the traders, with certain exceptions.

Does the vault markets have an app?

Vault Markets provides a mobile app to enable users to carry out all necessary functions while on the move. With this mobile app, you can conveniently access and utilise all the features and services offered by Vault Markets from your smartphone or tablet, ensuring a seamless trading experience wherever you are.

What is VaultMarket whatsapp number?

Vault markets offer on-website whatsapp chat for the users.

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