Last Updated on: 19th December 2023, 06:49 am
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 |
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| Withdrawal Options |
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| Deposit Options |
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What is Vault Market?
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 ?
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.
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ACCOUNT TYPES AT VAULT MARKETS
Vault Market offers a wide range of account types with each account having different features and benefits. The broker also provides an Islamic account for Muslim traders to trade without committing haram.
Check out the overview of the account types including aspects like minimum deposit, leverage, spreads etc. below, and get better insight on the account types.
| Account Types | Deposit | Spreads | Leverage | Platform | Instruments | Bonus |
| 200% Bonus Account | $5 | 1 pip | 1:500 | MT4 | Forex and Indices | Included |
| 100% bonus account | $5 | 1 pip | 1:500 | MT4 | Forex and Indices | Incuded |
| 50% bonus account | $5 | N/A | 1:500 | MT4 | Forex and Indices | Included |
| Zero spreads account | $100 | 0 pip | 1:500 | MT4 | Indices | |
| No Bonus Account | $5 | 1 pip | 1:500 | MT4 | Forex and Indices | |
| 1:1000 leverage account | $100 | 1 pip | 1:1000 | MT4 | Forex and Indices | |
| Vault 24/7 Account | $5 | N/A | 1:500 | MT4 | Forex and Indices | |
| Vault Micro Account | R10 | N/A | 1:500 | MT4 | Forex and Indices | |
| Micro 100% Bonus Account | R50 | 1 pip | 1:500 | MT4 | Indices, currencies, energies, and metals | |
| Micro 200% Bonus Account | R50 | 1 pip | 1:500 | MT4 | Indices, currencies, energies, and metals | |
| Vault 250% Bonus account | $5 | 1 pip | 1:500 | MT5 | Indices, currencies, and metals | Included |
| Islamic/Swap free account | $100 | 1 pip | 1:500 | MT4 | Forex and Indices |
ACCOUNT OPENING PROCESS OF VAULTMARKETS
For Vault Markets login process follow the step-by-step guide below
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 |
TRADING PLATFORMS OFFERED BY VAULT MARKETS
Vault Markets MT4 and MT5 are the main platforms offered by the broker, check out a quick overview of the perks of each platform below:
| 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 |
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Payment Options Offered by Vault Market
The Vault Markets accept the following payment methods:
- Local Bank Wire Transfer
- Online Transfer through the MTN Mobile app, Perfect Money, and M Pesa all support online transfers.
- Cryptocurrencies: Bitcoin is the only cryptocurrency that is accepted on the Vault Markets.
- Credit/Debit Card payments are available for this broker, funds are processed instantly. You may use a Visa or Mastercard to get it.
Vault Markets 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.
