WikiFX Review: The Great Namibian Tour With Top Vault Markets Mentors

Vault Markets is an online brokerage based in Namibia that caters to African traders. On the MT4 terminal, clients can access a wide range of instruments, from stocks and forex to precious metals and cryptocurrencies. Our examination includes minimum deposit requirements, the registration process, account types, customer service operating hours, how to withdraw funds, and other topics. Determine whether you should sign up for Vault Markets and begin trading.

Headlines from Vault Markets

Vault Markets was founded in July 2021 by 1st Fintech Capital (Pty) Ltd. The Financial Sector Conduct Authority (FSCA) in South Africa regulates and authorizes the broker to provide financial services. Having said that, it is worth noting that 1st Fintech Capital acts as a go-between for clients and Karibu FX Financial Consultant Services Pty Ltd. This company operates out of the Republic of Namibia, where it has several offices, and it lacks a reputable financial license.

The founder and management team are comprised of experienced international forex traders. The online brokerage, which is primarily aimed at African retail investors, is available in four countries and has over 10,000 registered users.

Vault Markets' goal is to provide a fully customizable trading environment, complete with multiple accounts, training courses, and easily accessible investing tools.

The Namibian Event

An event began on July 29 and ended on August 2 to promote Forex trading in various areas of Namibia, Africa, including Swakopmund, Rundhu, Ondangwa, and Ongwediva.

WikiFX will keep an eye on this event because we discovered that this broker is not regulated. The goal of this article is to warn readers to conduct their research before joining an unregulated broker.

The following will be the event's highlights:

• Introduction to Forex？

• R 200access balance paid into your Vault Markets account.

• An Introduction to MT4

• Technical Analysis

• Harmonic Pattern Analysis

• Fundamental Analysis

What Exactly Is WikiFX？

WikiFX is a worldwide corporate financial information search engine. Its primary function is to provide the included foreign exchange trading companies with basic information search, regulatory license searching, credit evaluation, platform identification, and other services.

Wikifx has created a big data solution that integrates data collection, data screening, data aggregation, data modeling, and data productization using public data from government departments, advanced sniffing systems, and scientific computer algorithms. WikiFX can then assess the supervision and risk levels of the included enterprises across multiple dimensions and provide corresponding security solutions to individual users, enterprise users, and government departments.

WikiFX has over 37,000 brokers, both regulated and unregulated, who work alongside 30 financial regulators. WikiFX has been providing users with accurate broker information. determining the broker's status The broker's dealer page contains all of the necessary information, from licenses to offices. It also has the most recent forex market news, which users/traders can use to plan the best strategy for daily trading.

Vault Markets on WikiFX

Vault Markets claims on its official website that they is owned by FINTECH and is governed by the FSCA. Vault Markets, on the other hand, is unregulated, according to the WikiFX database. There were no records found on the FSCA's official website (as shown below). WikiFX also checked Vault Markets on the FRA's official website to see if they are regulated, as the broker is based in Africa. As a result, Vault Markets is still not registered with the FRA. Vault Markets does not have a business license. According to the FSCA regulations, FINTECH is legally registered (as shown below).

Even though it is owned by FINTECH, Vault Markets may be considered a scam. According to the regulatory body, any company owned by a regulated company must also be registered with the regulatory body.

Vault Markets on FSCA

FINTECH on FSCA

You may visit Vault Markets dealer page on WikiFX to see more details.

Offices Of Vaul Markets

According to their official website, they have offices in the following location

South Africa Areas

• Nelson Mandela Square, Maude Street, Sandton, South Africa, 2nd floor

Tanzanian:

• Skycity Mall, University Road, Dar es Salaam, Tanzanian 9th Floor, Dar es Salaam, Tanzania

Namibian:

• Windhoek, Namibian Unit 3b, South Port, Hosea Kutako Drive

However, according to the WikiFX database, no offices have been verified.

A Word Of Advice

If you come across a scam from this broker, we encourage you to report it to WikiFX so that the Right Protection Team can investigate. WikiFX has an Exposure feature in which traders can share their negative experiences with this broker. Simply go to WikiFX's official website and select “Exposure” from the menu. You can also download the WikiFX App and select “Exposure” from the menu.

Check out one of trader's experience on Vault Markets

Disclaimer

Given the complexities of the forex industry, some brokers are granted legal licenses by deceptive regulatory bodies. If you believe that the data published by WikiFX is incorrect, please contact us by clicking 'Complaints' and 'Correction'. We will check right away and report back.