Forex Vaults

About Forex Vaults

Forex Vaults, operating under the name Vault Markets, is an online brokerage firm founded in 2021 and based in South Africa. The company primarily serves the African market, with a significant client base in South Africa and offices in Namibia and Tanzania. Vault Markets offers a trading platform for a variety of financial instruments, specializing in forex and Contracts for Difference (CFDs) on stocks, indices, commodities, and cryptocurrencies.

The firm provides access to the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are widely used in the forex industry. Clients can choose from a large number of account types, with features like high leverage up to 1:1000, variable spreads starting from 0 pips, and low minimum deposits. The business model centers on providing trading services to retail clients, earning revenue from spreads and commissions on trades. The platform supports a variety of deposit and withdrawal methods tailored for the African market, including cryptocurrencies and local payment service providers. Vault Markets also offers a mobile application for account management and trading on the go.

The company is a product of 1st Fintech Capital (Pty) Ltd. and is regulated in South Africa by the Financial Sector Conduct Authority (FSCA). It has received several industry awards, such as "Fastest Withdrawal platform in Africa 2021" and "Most Innovative Broker 2022". However, some sources note a lack of transparency regarding its corporate structure and regulation of connected entities.