Vault Markets Review 2023

Vault Markets is a Namibian-based, online brokerage aimed at African traders. Clients can access various instruments on the MT4 terminal, from stocks and forex to precious metals and cryptos. Our review covers minimum deposit requirements, the registration process, account types, customer service operating hours, how to withdraw funds and more. Find out whether to sign up and start trading with Vault Markets.To get more news about vault markets review, you can visit wikifx.com official website.

Vault Markets Headlines
Vault Markets was established in July 2021 and is owned by 1st Fintech Capital (Pty) Ltd. The broker is regulated and authorized as a financial services provider by the Financial Sector Conduct Authority (FSCA) in South Africa. With that said, it is worth noting that 1st Fintech Capital is an intermediary between clients and Karibu FX Financial Consultant Services Pty Ltd. This company operates from the Republic of Namibia where it has various offices and does not hold a reputable financial license.

The founder and management team are made up of experienced international traders from the forex industry. Primarily aimed at African retail investors, the online brokerage is available in four countries, boasting over 10,000 registered users.

Vault Markets aims to provide a fully customizable trading environment, with several accounts, training courses and accessible investing tools.

The brand has been put forward for several awards, including the Most Secure Broker (Africa) and Most Innovative Broker (Africa) at the Investor Awards 2022, plus recognition from the World Business Outlook in 2021 as the Best New Forex Broker (Africa) and Best MT4 Online Trading Solutions Provider (Africa).

Trading Platforms
Vault Markets offers the MetaTrader 4 (MT4) terminal. The broker also plans to offer MetaTrader 5 (MT5) soon, though exact timelines have not been released. There is no proprietary platform available.

You can download the MetaTrader server platform for Windows devices or trade via major web browsers. The broker’s website provides a free download link.
Costs vary by account type, with spreads starting from 1 pip across most instruments. The Zero Spread Account features pips from 0.0 with a competitive commission. Rollover fees also apply if you hold positions overnight and there is a $10 monthly charge for accounts left dormant for a year. Overall, trading costs are in line with the industry.

Leverage
Leverage also varies by account type. But as an overseas company, the broker can offer substantial margin trading opportunities with limited regulatory restrictions. The maximum margin is available with the Leverage Account, offering up to 1:1000. This means a $10 deposit would provide traders with $10,000 in purchasing power.

Of course, highly leveraged trading can magnify losses as well as profits. With that in mind, make sure you take a careful approach to risk management.

Mobile App
Vault Markets offers a proprietary mobile app. Traders can download the app for iOS and Android (APK) devices directly from the broker’s website or via the relevant app store. Huawei compatibility and download options are also due to be available soon.

Clients can manage their account, check live pricing and view historical trading activity while on the go. MT4 and MT5 are also available as mobile applications. MT4 integrates various analytics tools, powerful forex trading functionality, interactive charts, full investment history and more. The MT5 features real-time quotes, financial news, customizable graphs and technical analysis.