Overview
Are you tired of penetrating internet links to learn the know-abouts of Vault Market? We are here for the rescue! In this review, we will help you to dig every little detail about the vault market that you need to make your trade with the broker a safe ride.
The regulation of the company plays a dominant part in proving the trustworthiness. VaultMarket’s registration as a regulated broker dramatises its value in front of the trader. The growing popularity of the broker in providing valuable services, such as Ultra-low latency, customised account types, and professional trading environment are fueling the broker to touch skies in the world of brokers. While appreciating the broker, the paramountcy of reviewing the broker is also the need of the hour.
So, let’s search for the deets!
What are Vault Markets?
Vault Markets, a nascent brokerage in South Africa, has entered the Forex market with a range of enticing features. Since its launch in 2021, this broker provides traders with convenient access to a wide array of financial instruments, enabling round-the-clock trading opportunities. One of their appealing qualities is the ability to receive instant withdrawals and a 200% bonus on deposits as low as $50, making them highly attractive to traders.
Vault Markets offers exceptionally low spreads, further enhancing the appeal of their trading platform. The availability of such minimal spreads greatly facilitates the trading process.
Is VaultMarkets Scam Or Safe?
In the world where there are several brokers online, it became quite difficult; to segregate the safes from the scam.
VaultMarket is regulated by the Financial Sector Conduct Authority of South Africa with the licence number FSP-49015.
Vault Market is a safe regulated broker as it is modulated by a higher authority which looks after all the corners and sides of the broker. It becomes highly difficult for a broker to commit a scam when there is such strong hold of the concerned authority.
It is safe to say that VaultMarket is a safe broker to trade, where traders can invest their assets without thinking of getting scammed..
VaultMarket Review: Pros And Cons
| PROS | CONS |
| User-friendly trading interface | Lacks research tools |
| Comprehensive educational resources | Limited Product Portfolio |
| No deposit or withdrawal fees | Demo Account not available immediately |
| Highly Regulated Broker | |
| Negative Balance Protection |
Minimum Deposit Requirement
Vault Markets has different minimum deposit requirements depending on the account type and payment method chosen. The No Bonus Account has the lowest initial deposit requirement, starting at just $5. However, other account types necessitate a minimum deposit of $100. When it comes to account denominations, Vault Markets accept ZAR, USD, and TZS.
There are various payment methods available, including:
| Bank Wire Transfer | This option is limited to local transfers only |
| Online Transfers | Perfect Money, MTN Mobile Money, and M-Pesa are accepted. |
| Cryptocurrencies | Bitcoin is the only accepted digital currency. |
| Credit/Debit Card | MasterCard or Visa can be used, and this method usually offers instant fund processing. Deposit times can also vary, particularly for wire transfers, as they are subject to the operating hours of banks. Once the processing is complete, Vault Markets strives to make funds instantly available. |
Read- Vault Markets Minimum Deposit Indepth
How Can You Withdraw Funds?
Vault Markets offers withdrawal payment options exclusively through bank wire transfers. The broker boasts a swift approval process, ensuring that clients receive their payouts within a few hours.
However, it’s important to note that withdrawals may experience delays during weekends and public holidays. There are no minimum or maximum withdrawal limits imposed, providing flexibility for clients.
What Can Be Traded On Vault Markets?
Forex
Forex is the most assiduously traded market in the world. VaultMarket offers you to trade on 200+ major and minor currency pairs, including GBP/EUR and USD/GBP
Stocks
VaultMarkets allows traders to go long or short on big brands such as Adidas, Nike and several other financial, services and manufacturing areas.
Commodities
Vault markets offer various types of commodities to trade on and traders can take positions on it such as precious metals and oils.
Indices
Vault Markets offer 10+ of the world’s largest stock indices including NAS100 and US30.
CryptoCurrencies
Tradable cryptocurrencies on Vault Market are mainly BitCoin,Litecoin, Ripple, BitcoinCash.
Vault Market Account Types?
| Account Types | Vault 50/100/200 | Vault Zero | Vault No Bonus | Vault Cent | Islamic Account |
| Minimum Deposit | $5 | $100 | $5 | $5 | $100 |
| Spread | 1 pip | 0 pip | 1 pip | 1 pip | 1 pip |
| Leverage | 1:500 | 1:500 | 1:500 | 1:500 | 1:500 |
Read- Indepth About Vault Markets Account Types
Vault Markets: Account Opening Process
Step:1 Fill-out the form on the registration link.
Step:2 The account will go through a verification process.
Step:3 Trader will receive the email
Step:4 Once the account is verified, traders can proceed to deposit funds.
Step:5 With funds deposited, traders can start trading today!
Available Trading Platforms
Vault Market offers MetaTrader4 to the traders and promises to bring MetaTrader5 to the website soon. Although it lacks a proprietary platform from its domain.
Key features of the trading platform include:
- Nine timeframes for analysing market data.
- Two types of market orders to execute trades.
- A multilingual interface, allowing users to operate the platform in their preferred language.
- Fully customizable charts to personalise the trading experience.
- Available in 30 languages, making it accessible to a wide range of users.
- Four types of pending orders to set up trades in advance.
- Three execution modes to suit different trading strategies.
- One-click order execution for quick and efficient trading.
- MQL4 programming language for developing custom indicators and automated trading systems.
- Over 30 built-in technical indicators for advanced analysis.
- Two stop orders and a trailing stop for implementing risk management strategies.
- Ability to trade forex, indices, equities, and CFDs.
- Direct access to Expert Advisors and automated trading systems for algorithmic trading
Mobile Application
Vault Markets provides its own mobile application, which traders can easily download onto their iOS and Android (APK) devices either from the broker’s website or through the respective app stores. Compatibility and download options for Huawei devices will also be made available in the near future.
With this mobile app, clients have the convenience of managing their accounts, checking live pricing, and reviewing their historical trading activity while on the move. The mobile app offers access to both MT4 and MT5 platforms as mobile applications.
MT4 incorporates a range of analytical tools, robust forex trading functionality, interactive charts, a complete investment history, and more. On the other hand, MT5 delivers real-time quotes, financial news updates, customizable graphs, and technical analysis capabilities.
Educational And Research Resources
Vault Markets offers a range of educational resources and content to assist new or inexperienced investors. These resources include Spotify podcasts, an online forum, free PDF ebooks, and a weekly newsletter. These materials are designed to provide valuable knowledge and insights. The website also features integrated YouTube video content for further learning.
On the official site, traders can find specific information related to the broker, including details about execution speeds, lot sizes, document uploads to the client portal, various account features, and examples of successful trades. This information helps users understand the broker’s offerings and navigate their trading journey.
While Vault Markets does provide educational resources, it currently does not offer certain tools within the member’s area that could be beneficial for fundamental traders. Tools such as an economic calendar or pip calculator, which assist in staying updated with market events and calculating margin, swaps, as well as profit and loss, are not currently available. Integration of these tools would be a valuable addition for traders who rely on fundamental analysis.
Customer Support
| Email Address | [email protected] |
| Helpline Contact Number | +27104496045 for South African clients +255742297685 for Tanzanian clients +264813682400 for Namibian clients |
| Live Chat |
Conclusion
Vault Markets, established in 2023, is a highly regarded and properly regulated forex broker based in South Africa. It offers a user-friendly environment for traders, along with customizable trading conditions and exceptional trading platforms.
As Forex trading has experienced significant growth in Africa in recent years, Vault Markets is well-equipped to cater to the diverse needs of African traders, regardless of their trading profiles or strategies. Despite being relatively new in the industry, the broker has already earned recognition by receiving multiple industry awards, a testament to its quality services and achievements in a short period.
FAQ
Does Vault Markets offer a Demo Account?
No, VaultMarkets does not offer a Demo Account, a major drawback of the broker.
Can traders trade NAS100 with Vault Markets?
Yes, traders can trade NAS100 with Vault Markets with leverage up to 1:1000.
Who is the owner of Vault Markets?
Vault Markets is owned by 1st Fintech Capital, South Africa. It works under Egolix Forex Ltd- company no. 2017/157566/07.
Which account denominations are offered by Vault Markets?
Vault Markets offer ZAR, USD and TZS account denominations
Is Vault Markets regulated?
Vault Markets is regulated by the Financial Sector Conduct Authority, South Africa.
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