Vault Markets Broker Review

It is almost impossible to open a brokerage firm these days, as many brokers are on the market. However, we found a new broker with very appealing attributes during our testing, i.e., Vault Markets. So we decided to look into him in our Vault Markets Review.

Vault Markets is one of the newest brokers in South Africa to join the Forex market. A broker which launched in 2021 has some of the most attractive features. Traders at vault markets have easy access to most financial instruments and trade 24/7.

They offer a 200% bonus on deposits as low as $50 and instant withdrawals. Instant withdrawals and a 200% bonus make them appealing to traders. They also offer low spreads to make them even more appealing. The spreads are extremely low, which makes trading easier.

You can find our transparent Vault Markets review below. Broker reviews are updated frequently!

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Pros / Cons
  • FSCA Regulated
  • High Leverage
  • Low Spreads
  • Low Min Deposit
  • Broker Verified
  • Unestablished Broker
  • No Education and research provided
  • No MT5

Regulation

Financial Sector Conduct Authority (FSCA) license and regulation No. 49015 for Vault Markets South Africa is issued by Egoli Forex (Pty) Ltd, in Johannesburg, South Africa. The company is an authorised financial services provider registered with the company number 2017/157566/07.

3.1 stars from 257 ratings

up to 200%

Vault Markets try to give their customers a personalised trading experience by letting them choose the type of accounts th...

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CFD service. Your capital is at risk.
Remember that CFDs are a leveraged product and can result in the loss of your entire capital. Please ensure you fully understand the risks involved.

Reliability

In South Africa, Vault Markets is a licensed and regulated broker to give you an even better trading experience by customizing your account type to your trading style- fewer of the things you don’t need and more of the things you do need! In addition, to give their clients peace of mind, the funds are securely held in separate bank accounts and can be withdrawn the same day.

Your choice of commission and benefits is up to you. With this freedom, you have the option of protecting half of your initial deposit or ‘undoing’ a trade that doesn’t go according to plan.

Tradable products

Vault Markets allows users to trade Forex and Futures, Indices, Equities, and other CFDs.

Trading platforms

As an innovative and powerful trading platform, the MetaTrader 4 platform stands out today. Retail investors rely on this platform to process dozens of different financial instruments, and it is the most popular platform among brokers.

MetaTrader4 is a popular platform for traders of all experience levels and is praised for its simple-to-use interface, advanced charting features, technical analysis tools, and automation features. In addition to supporting multiple account bases currencies, including USD, EUR, GBP, SGD, and PLN, MetaTrader 4 is available in over 30 languages.

MetaTrader 4 offers the perfect solution for even the most demanding trading needs, thanks to its distributed architecture, robust security system, and convenient mobile trading features.

Mobile app for Vault Markets

Vault-Markets has a mobile app to make all functions available on the go.

The mobile app lets you access the features conveniently from your mobile device. The company understands that traders are constantly on the go. This is why we’ve developed a mobile app for you to perform functions such as deposits, withdrawals, and account opening. In addition, you can make internal transfers and check your history instantly, making your trading experience even more convenient!

Account types

Vault Markets offers various account types. These areas follow

Vault 200

Minimum deposit: $5

Spread: 1 Pip

Instruments: Forex, Shares, Indices, Crypto

Platform: MT4

Bonus: Included 200%

Withdrawals: Instant

Vault 100

Minimum deposit: $5

Leverage: 1:500

Spreads: From 1 pip

Instruments: Forex, Shares, Indices, Crypto

Platform: MT4

Bonus: Included (100%)

Withdrawals: Instant

Vault 50

Minimum deposit: $5

Instruments: Forex, Shares, Indices, Crypto

Bonus: Included 50%

No Hedging Allowed

Withdrawals: Instant

Islamic swop free

Minimum deposit: $100

Leverage: 1:500

Spreads: From 1 pip

Instruments: Forex, Shares, Indices, Crypto

Platform: MT4

Withdrawals: Instant

Vault zero

Minimum deposit: $100

Leverage: 1:500

Spreads: From 0 pips

Instruments: Forex, Shares, Indices, Crypto

Platform: MT4

Withdrawals: Instant

Vault No bonus

Minimum deposit: $5

Leverage: 1:500

Spreads: From 1 pip

Instruments: Forex, Shares, Indices, Crypto

Platform: MT4

Withdrawals: Instant

You can choose from the above-given accounts according to your choices.

Opening an account

In these easy steps, you can open a live Forex trading account:

  • Sign up by completing the form on the register link.
  • You need to verify your account.
  • An email will be sent to you.
  • Deposit your money and
  • You can begin trading today!

Account currency

There are many currencies for creating an account with Vault Markets. These include; Account Currency:

ZAR, USD and TZS

Deposits and withdrawals

Wire Transfer, Credit/Debit Card, Neteller, Skrill, Bankcard, Bitcoin, Neteller, and Instant EFT are all fast deposit and withdrawal methods supported by the broker. You may have to pay extra fees for some of these methods.

Fees

Your broker will charge you a minimal fee if your withdrawal is lower than a certain amount. Your trading account’s base currency will determine the fee.

There is no minimum deposit amount, as the minimum equity to open a position is determined by the margin requirements for the particular pair/stock/index you wish to trade.

Spreads

Average Standard Account Spreads on Majors

  • EUR/USD: 1 pip
  • GBP/USD: 1 pip
  • AUD/USD: 1 pip
  • USD/JPY: 1 pip

Spreads vary depending on the account type you select.

Leverage

The Vault Markets website only shows a single leverage ratio, i.e., 1:500, which is considered a drawback. As a result, the traders have less variety of leverage they may choose according to their trading styles.

Bonuses and promotions

Vault Market is the first company to do this! You’ll get a 200% bonus on your entire deposit up to R280 000 or USD equivalent! No tiers, no scaling, just a massive 200% bonus! Deposits made through their mobile app or online portal are eligible for the bonus.

After transferring your funds, the bonus will automatically be allocated to your trading account. In this bonus scheme, clients can claim a bonus on profit transfers from the trading account to the wallet – the bonus amount is allocated based on the transfer amount rather than the initial deposit amount.

Terms and conditions for the deposit bonus

The trader acknowledges having read, understood, and agreed to be bound by the terms and conditions by registering, opening a live account, and accepting them within the relevant landing pages and client member’s area.

All deposits will be eligible for a 200% deposit bonus for the promotion duration, subject to a cumulative maximum of R280 000 or equivalent currency per trading account.

If the company decides that the promotion must be altered or ended, it can do so at its discretion without prior notice. We reserve the right to refuse particular individuals or organisations their offers and promotions at our discretion without citing a reason.

Due to the nature of a MAM system, associated accounts/clients will not qualify for any bonus.

The event is not open to individuals under 18 or persons who do not meet the legal age in their place of residence.

3.1 stars from 257 ratings

up to 200%

Vault Markets try to give their customers a personalised trading experience by letting them choose the type of accounts th...

Sign upSign up
CFD service. Your capital is at risk.
Remember that CFDs are a leveraged product and can result in the loss of your entire capital. Please ensure you fully understand the risks involved.

Customer service

Vault Markets provides customer service 24 hours and 7 days per week. The website also offers an online form, phone number, and email address for Vault Markets support.

Do Vault Markets operate in South Africa?

Founded by industry experts with over 30 years of experience, Vault Markets focuses specifically on African clients. Clients can see this in the numerous offices and options for deposits and withdrawals Vault Markets provide. In addition, they cater to the needs of our clients regardless of where they are located within Africa.

Broker FAQ

Thinking of Trading with Vault Markets?

Vault-Markets-FAQ

What is the procedure for depositing funds?

You can find a complete listing of deposit options in your portal or mobile app, such as EFT, Card, MPESA, Bitcoin, Perfect Money, to mention just a few. In addition, you can find the widest selection of deposit options for Africa on their site.

How long does it take to withdraw money?

Withdrawal requests are approved immediately, and payouts are completed within hours. As one of the fastest payout brokers, Vault Markets is one of the most reliable and trustworthy brokers.

Is there a minimum deposit required?

No minimum deposit is needed, as the margin requirements for specific pairs/stocks/indices you wish to trade will determine the amount of equity needed to open positions.

Our Verdict

Traders in South Africa may find all of these benefits troubling, as this type of brokerage cannot be sustainable. The company is registered with the FSB, but it does not have third-party regulations. Attractive attributes make this broker so appealing, but they may very well be the best way to scam local traders out of billions of Rands.

Last time, a broker provided such incredible attributes but was liquidated and charged with criminal offences. An investigation found that JP Markets, Africa’s biggest broker, had stolen R2,58 Billion. In addition, its CEO was charged with fraud. Although the broker’s offer was appealing, scamming their clients sent incorrect price action information.

Furthermore, they bet vast amounts of money against their clients to get them out of trades. Vault Markets also has the means to do this and would cause more damages to their clients than JP Markets if they did it to them.

Social media influence is one of the significant factors setting Vault Markets apart from other brokers. With the help of Instagram Forex gurus, the firm appeals to the masses to enter the market.

Everything seems above board now, and everything could change in a month or two. Therefore, traders should be cautious with this broker. If a person is looking to trade with a broker, they should review its sound policies and explore its hostile policies.

Traders must watch out for mentors who promote a specific broker since most of them are paid by the broker in exchange for promoting the firm. In addition, a trader should be cautious about broker scams and how they operate.

Downloading the broker checker App is an excellent way to verify broker registration and regulation. In addition, apps are available that inquire about the validity of Forex brokers through third parties. Using the app, clients will be able to verify Forex brokers’ licenses, compliance, regulations, risk exposure, credit evaluation, platform verification, complaints resolution, investor rights protection, credit report downloads, and related platform inquiries.

Bottom line

Vault Markets is a licensed and regulated South African broker. Vault Markets try to give their customers a personalised trading experience by letting them choose the type of account that best suits their trading style – more of what they don’t need, more of what they like!

Vault Markets is one of the latest brokers to enter the forex market in South Africa. Founded in 2021, the company offers some of the most attractive features of any broker. Clients can trade almost any financial instrument with vault markets, and they can trade 24/7.

You get a 200% bonus on every deposit up to R280000. Whether you deposit using their mobile app or online portal, you will receive the bonus. You will be allocated the bonuses once you have transferred your funds to your trading account.

Many newcomers to the forex market find these features to be enticing. Vault Markets appears to be a great broker at first glance, but you need to be careful because this company seems too good to be true.

Vault-Markets-Logo

up to 200%

Vault Markets try to give their customers a personalised trading experience by letting them choose the type of accounts that will suit them.

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