Demystifying Forex Trading with Vault Markets: A Comprehensive Guide for Beginners

forex trading

Vault Markets is an award-winning broker. It has been operating in the market since 2021 to provide clients with efficient trading facilities. The brokerage firm is working under the Vault Markets Pty Ltd company. 

The company is a product of Fintech Capital Pty Ltd., South Africa. In addition, the company is secure with regulation of the Financial Sector Conduct Authority. Its registration number is 2020/936466/07 and the licence number of the broker is FSP-49015

Users can enjoy various trading products with the broker such as forex, stock, indices and others. But today with the article we’ll only focus on forex trading with Vault Markets. 

So, let’s understand and have a comprehensive guide for beginners of the platform. 

Forex Trading At Vault Markets

Trading is a job which needs various financial instruments to trade. At Vault Markets traders are offered various trading facilities and instruments. They can trade in currencies, stocks, commodities, indices and cryptocurrencies. 

Forex trading is the buy and sell of currencies of different countries. These are traded in pairs and are based on the exchange rate of the currencies in the market. One of the most active and traded financial markets in the world. 

With the services of Vault Markets traders can access more than 200 major and minor currency pairs. Some of the examples of available currency pairs are EUR/USD, GBP/USD, CHF/AUD, GBP/EUR and USD/GBP. 

Other than this, traders can trade in the forex market using a contracts of differences (CFDs) option. It is highly speculative and that’s why the brokerage platform informs traders about the same through its risk warning. 

The CFD trade involves high risk and may not be suitable for all levels of traders. According to the risk warning of the broker, the trade in currencies with CFDs may sustain traders a loss of some or all of their capital. 

Therefore, it is recommended that traders should not speculate with the capital that they cannot afford to lose. A trader should be aware of all the risks associated with the trade and also margin trading before using the services of the platform.

Features to Trade Forex at Vault Markets

To trade in the forex market it is important that traders understand the facilities they can access. This will support them in trading currencies smoothly and make successful trades online. 

Vault Markets Mobile App

Mobile app is the application that traders can download on the mobile devices to access the market directly. It makes trading easy and convenient. They can login their account credentials and trade. 

The benefits of mobile trading with Vault Markets are: 

  • Ensures traders can perform all functions with a go
  • Deposit funds
  • Request withdrawal of funds 
  • Open new trading accounts
  • Allows internal transfers 
  • Traders can check history 
  • Trade on-the-go
  • Check referral fees
  • Works with Android and iOS softwares 

Vault Markets VIP Club

Vault Markets VIP club is a bespoke service. It is tailored to meet the unique needs of the elite class traders of the broker. With the membership of the club traders can access a host of premium benefits helping traders trade to the next level. 

The services include: 

  • Reduced spread
  • Dedicated customer support 
  • Success manager 
  • Marketing and events
  • Customised merchandise

Trading Platforms 

With Vault Markets traders can have the most efficient trading platforms; MetaTrader4 and MetaTrader5. Using these traders can have tools, indicators, and a range of services. 

MT4 and MT5 are trading platforms provided by MetaQuotes. The facilities of platform are: 

  • One click trading 
  • Customised trading
  • Indicators
  • Technical analysis 
  • Customer support 
  • Order types 
  • Various tools 
  • Charts
  • Expert advisors 
  • Automated trading 
  • Advanced trading

Trading Account Types

To trade in the forex market traders can open an account with the broker. The account traders select can be customised. They can choose from the following types: 

  • 200% Bonus account
  • 100% Bonus account
  • 50% Bonus account 
  • Islamic/Swap free account
  • Zero Spread account
  • No Bonus account
  • 1:1000 Leverage account
  • Vault 24/7 account
  • Vault Micro account
  • Micro 100% Bonus account
  • Micro 2005 Bonus account 
AccountVault 200Vault 100Vault Swap-FreeVault ZeroVault-No BonusVault 1000Vault MicroVault 250Vault Micro 100%Vault Micro 200%Vault 24/7
Minimum Deposit$5$5$100$100$5$100R10$5R50R50$5
Spreads1 pip1 pip1 pip0 pips1 pip1 pip1 pip1 pip1 pip
Leverage1:5001:5001:5001:5001:10001:5001:500
BonusIncludedIncludedIncluded
WithdrawalsInstantInstantInstantInstantInstantInstantInstantInstantInstantInstantInstant

How to Open an Account on Vault Markets

Step 1: Complete the form provided on the registration link.

Step 2: The account will undergo a verification procedure.

Step 3: A confirmation email will be sent to the trader.

Step 4: After successful verification of the account, traders can proceed to deposit funds.

Step 5: With the funds successfully deposited, traders can commence their trading activities without delay.

Conclusion

Vault Markets is an excellent platform to trade online. It is regulated and has authorisation of the top authorities. The broker provides easy trading facilities for forex traders. 

They can trade in more than 200 currency pairs with CFD option. Other than this, they have mobile apps, VIP clubs, trading platforms, trading account types, and services. 

VaultMarkets provides a range of eight distinct trading accounts, each tailored to offer specific advantages such as elevated leverage, minimized spreads, and a low minimum deposit requirement. 

In addition, it would be advantageous for the broker to consider offering a DemoAccount, particularly for novice traders who are just entering the trading arena. This DemoAccount would facilitate learning and virtual trading, providing newcomers with a practical platform to hone their skills.

Thus, all services within a platform to make forex trading effortless and successful.