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Do you want to know which is the better broker between Vault Markets and FXTF ?
In the table below, you can compare the features of Vault Markets , FXTF side by side to determine the best fit for your needs.
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You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of vault-markets, fxtf lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Note: Vault Markets official site - https://www.vault-markets.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Vault Markets Review Summary in 10 Points | |
Founded | 2021 |
Headquarters | South Africa |
Regulation | No license |
Market Instruments | Forex, Shares, Indices, and Cryptocurrencies |
Demo Account | N/A |
Leverage | 1:500 |
EUR/USD Spread | From 1 pip |
Trading Platforms | MT4 |
Minimum deposit | $5 |
Customer Support | Phone, email |
Vault Markets is an unregulated multi-asset broker founded in 2021 and registered in South Africa that claims to provide its clients with various tradable financial instruments with leverage up to 1:500 and floating spreads from 1 pip on the MT4 trading platform via 6 different live account types.
Vault Markets' advantages include its competitive spreads, low minimum deposit requirement, multiple account types, and user-friendly trading platform. However, its disadvantages include the lack of regulatory licenses and unavailable website.
Pros | Cons |
• Offers a wide range of trading instruments | • Unregulated by any financial authority |
• Low minimum deposit requirement | • Website is unavailable |
• Provides competitive spreads and leverage | |
• Allows trading on MetaTrader4 | |
• Offers multiple account types |
There are many alternative brokers to Vault Markets in the market that offer similar services, such as IC Markets, Pepperstone, XM, and Tickmill.
IC Markets: IC Markets is a well-established broker with a strong reputation, offering a wide range of trading instruments, competitive pricing, and advanced trading platforms.
XM: XM is a reputable broker with a wide range of trading instruments, low minimum deposit, competitive pricing, and a user-friendly platform.
Tickmill: Tickmill is a reliable broker offering competitive pricing, a wide range of trading instruments, and a user-friendly platform, with a focus on transparency and security.
It is important to conduct thorough research on any broker you are considering to ensure that they are reputable and suitable for your trading needs. Factors to consider may include regulations, fees, trading platforms, customer service, and trading instruments offered.
Vault Markets does not seem to be a regulated broker by any major financial authority. The lack of regulation raises concerns about the safety of client funds and the overall legitimacy of the company. It is important for traders to do their own research and due diligence before deciding to trade with an unregulated broker.
Vault Markets offers a range of tradable financial instruments that include Forex, Shares, Indices, and Cryptocurrencies. Forex traders can enjoy competitive spreads and leverage, while share traders can access a wide range of global markets. Additionally, the platform offers various indices, such as NASDAQ and S&P500, for those looking to trade a diversified portfolio. Lastly, Vault Markets has recently expanded its trading offerings to include cryptocurrencies like Bitcoin, Litecoin, and Ethereum, providing traders with a new asset class to diversify their portfolios.
Vault Markets offers 6 trading accounts in total, namely Vault100, Vault200, Swap Free, Vault Zero, Vault No Bonus, and Vault Cent. The minimum opening balance for Vault100, Vault200, Vault No Bonus, and Vault Cent accounts is as low as $5, while $100 for Swap Free and Vault Zero accounts. Although this requirement sounds encouraging, traders are not advised to register real trading accounts here given the fact that Vault Markets is unregulated.
The maximum trading leverage offered by Vault Markets is as high as 1:500. Leverage can amplify gains as well as losses, traders are not advised to use too high leverage.
The spreads on major currency pairs start from 1 pip, which could be considered a competitive pricing model compared to other brokers in the market. Unfortunately, there is no available information about Vault Markets' commission fees. Traders may need to contact the broker's customer support team for further details on pricing and fees.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission |
Vault Markets | 1 pip | N/A |
IC Markets | 0.0 pips | $7 round turn |
XM | 0.1 pips | Zero |
Tickmill | 0.0 pips | $4 round trip |
Note: Spreads can vary depending on market conditions and volatility.
The only platform provided for trading is the popular MetaTrader4 (MT4) trading platform developed by the Russian software company MetaQuotes. Vault Markets provides the MT4 platform as a downloadable windows desktop application and also as Mobile APPs. MAC OSX users are advised to contact the support team for assistance on how to install MT4 on their systems. Other brokers provide MT4 for MAC.
See the trading platform comparison table below:
Broker | Trading Platforms |
Vault Markets | MT4 |
IC Markets | MT4, MT5, cTrader, WebTrader |
XM | MT4, MT5, WebTrader |
Tickmill | MT4, MT5, WebTrader |
Note: Some brokers may offer additional platforms or have different versions of the above platforms with varying features.
Bank Card (minimum deposit of $3),
Bitcoin (minimum deposit of $10),
Internet Banking (minimum deposit of $10),
Internal Transfer (minimum deposit of $1),
Neteller (minimum deposit of $10),
Perfect Money (minimum deposit of $50),
Skrill (minimum deposit of $10).
Vault Markets | Most other | |
Minimum Deposit | $5 | $100 |
Vault Markets offers multiple contact channels, including phone (27(0) 10 449 6045), email (info@vaultmarkets.trade), Skype, WhatsApp and social networks like Twitter, Instagram and YouTube.
2nd floor, Nelson Mandela Square, Maude Street, Sandton;
9th Floor, SKYCITY MALL, University Road Dar es Salaam, Dar es Salam, Tanzania;
Unit 3b, South Port, Hosea Kutako Drive, Windhoek, Namibia.
Overall,Vault Markets' customer service is considered reliable and responsive, with various options available for traders to seek assistance.
Pros | Cons |
• Multiple contact channels including phone, email, Skype, and social networks | • No 24/7 customer support availability |
• No live chat option |
Note: These pros and cons are subjective and may vary depending on the individual's experience with Vault Markets' customer service.
Overall, Vault Markets seems to be a relatively new forex broker that offers competitive trading conditions such as tight spreads, high leverage, and a variety of trading instruments. It also provides multiple contact channels for customer support. However, it is important to note that Vault Markets does not appear to be regulated, which may raise concerns for some traders about the safety and security of their funds.
Q 1: | Is Vault Markets regulated? |
A 1: | No. It has been verified that Vault Markets currently has no valid regulation. |
Q 2: | Does Vault Markets offer the industry-standard MT4 & MT5? |
A 2: | Yes. Vault Markets supports MT4. |
Q 3: | What is the minimum deposit for Vault Markets? |
A 3: | The minimum initial deposit at Vault Markets to open an account is just $5. |
Q 4: | Is Vault Markets a good broker for beginners? |
A 4: | No. Vault Markets is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website. |
Aspect | Information |
Registered Country | Japan |
Founded Year | 15-20 years ago |
Company Name | Goldenway Japan Co., Ltd. |
Regulation | Regulated in Japan by the Financial Services Agency |
Minimum Deposit | Not specified |
Maximum Leverage | Up to 25x for most major currency pairs; 12.5x for specific pairs (TRY/JPY, ZAR/JPY, MXN/JPY) |
Spreads | Spreads on various currency pairs |
Trading Platforms | MT4 trading system and GX trading system |
Tradable Assets | FX (30 currency pairs) and Commodity CFDs |
Account Types | Not specified |
Demo Account | Not specified |
Islamic Account | Not specified |
Customer Support | Phone, email, LINE messaging platform |
Payment Methods | Bank Transfer |
Educational Tools | FXTF Future Chart, Technical Analysis Commentary, Margin Calculator, FXTF E-mail Magazine |
FXTF, also known as Goldenway Japan Co., Ltd., is a regulated financial entity based in Japan. With a history of 15-20 years, it operates under the supervision of the Financial Services Agency of Japan. FXTF offers trading services in the forex market, providing margin trading on 30 currency pairs and commodity CFDs. The company has a spread on various currency pairs, allowing traders to execute trades with relatively tight differences between buying and selling prices.
FXTF provides two trading platforms: the MT4 trading system and the GX trading system. The MT4 system offers PC and mobile versions for download. On the other hand, the GX trading system is designed for beginners and features a user-friendly interface.
Customer support is available through phone, email, and the LINE messaging platform. Deposits and withdrawals can be made through bank transfers, and FXTF offers quick deposit services with no additional costs. The company also provides various trading tools such as the Future Chart, Technical Analysis Commentary, Margin Calculator, and an email magazine to enhance the trading experience.
FXTF (ゴールデンウェイ・ジャパン株式会社) offers a range of features and services for traders interested in margin trading. As a regulated entity in Japan, FXTF is overseen by the Financial Services Agency. With low spreads on various currency pairs and leverage options of up to 25x, FXTF aims to attract traders looking for potential profit opportunities. The availability of both the MT4 and GX trading platforms caters to different preferences and trading styles. However, it is important to consider some limitations, such as the lack of detailed information regarding account types and demo accounts, as well as the limited payment methods restricted to bank transfers. Customer support options are also limited, and the absence of live chat or a dedicated FAQ section might be a drawback for some traders. Despite these drawbacks, FXTF's regulatory compliance and range of tradable assets make it a platform worth considering for individuals interested in margin trading.
Pros | Cons |
Registered in Japan and regulated by the Financial Services Agency | No specified information about minimum deposit requirements, account types, demo accounts, or Islamic accounts |
Offers leverage options for trading, up to 25 times for most major currency pairs | Limited information provided about educational tools and resources |
Accepts bank transfers as a payment method | No information on the company's website regarding expiry date or nature of the “No Sharing” license type |
Provides two trading platforms: MT4 and GX trading systems | Limited options for payment methods other than bank transfer |
Offers a range of trading tools | Limited customer support options, no live chat or dedicated FAQ section |
Provides customer support through phone, email, and LINE messaging platform |
FXTF (ゴールデンウェイ・ジャパン株式会社) is a regulated entity in Japan. It holds a Retail Forex License, which is regulated by the Financial Services Agency of Japan. The license number is 関東財務局長(金商)第258号. FXTF obtained its license on September 30, 2007. The licensed institution is located at 2-11-15 Mita, Minato-ku, Tokyo. Their phone number is 0345776777. The company is certified by the regulatory agency, and the certified documents can be found in Annex1 and Annex2. Unfortunately, no information is provided regarding the website, email address, expiry date, or the nature of the “No Sharing” license type.
FXTF is a financial platform that provides investors with a range of market instruments to engage in margin trading.
FX: FXTF offers margin trading services on 30 currency pairs, known as FX. This instrument allows investors to participate in the foreign exchange market. FX focuses on investing in foreign currencies, providing real-time rates for trading activities. FXTF provides real-time rates for currency pairs such as USD/JPY, EUR/JPY, GBP/JPY, and AUD/JPY.
Commodity CFD: In addition to currency pairs, FXTF provides Commodity CFDs, including XAU/USD (Gold/USD) and XAG/USD (Silver/USD). These instruments allow investors to trade in the price movements of gold and silver against the U.S. dollar. The prices for these commodities are quoted in the respective currency pairs, and the spread indicates the difference between the buying and selling prices.
Pros | Cons |
Wide range of currency pairs for FX trading | Limited payment methods |
Availability of commodity CFDs for trading | Lack of detailed information on account types |
Ability to profit from both rising and falling prices | Limited customer support options |
Real-time rates provided for trading activities | No live chat or dedicated FAQ section |
Access to trade gold and silver against USD | Lack of demo accounts |
STEP 1: Application for opening an account
Click on the “口座開設” (Account Opening) button.
Confirm and agree to the contents of the delivery documents.
Enter your customer information, such as name and date of birth.
After completing the application, check your email for an application reception email.
STEP 2: Submission of confirmation documents
Depending on the identity verification method, there are two patterns:
Take a selfie and a confirmation document from your smartphone.
Speed opening with a smartphone:
After confirming your identity, the account opening examination will be conducted, and upon passing the examination, the account opening will be completed.
Choose one of the three submission methods: “upload,” “email,” or “mail.”
Upload your scanned or photographed identity verification documents and My Number verification documents.
Normal opening:
Alternatively, attach the documents to an email and send them to the specified email address.
If mailing, prepare copies of the verification documents and send them to the designated address.
STEP 3: Account opening review
Your application will undergo an examination.
The results of the screening will be sent to the main email address registered on the day of application.
STEP 4: Account opening completed
Await the examination results.
Once the account opening is approved, the process is completed.
FXTF offers leverage options for trading. For most major currency pairs, traders can apply leverage of up to 25 times their initial investment. However, for specific currency pairs like TRY/JPY, ZAR/JPY, and MXN/JPY, the leverage available is limited to 12.5 times the initial investment.
FXTF provides spreads on various currency pairs. The spreads offered are as follows: 0.1 pips on USDJPY, 0.3 pips on EUR/JPY, 0.2 pips on EURUSD, 0.6 pips on GBPJPY, 1.0 pips on NZDJPY, and 0.7 pips on GBPUSD. These spreads allow traders to execute their trades with relatively tight differences between buying and selling prices.
For quick deposits, customers can choose between two procedures: using their personal page or visiting a bank window or ATM. The company covers the commission fees for this type of deposit, so customers do not bear any additional costs. Deposits are reflected immediately in the trading account, with some exceptions. The minimum deposit amount for this type of deposit starts from 1,000 yen.
FXTF provides 24-hour quick deposit services, allowing customers to deposit funds into their trading accounts at any time. Additionally, they offer a “Same-day Withdrawal Service” for expedited withdrawal requests. If a withdrawal request is made before 9:00 a.m. on weekdays, the funds will be transferred to the customer's account on the same day. However, the availability of same-day withdrawals is subject to certain conditions, such as the withdrawal amount.
FXTF offers an online deposit service called “Quick Deposit” for customers who have an Internet banking contract with their affiliated banks. This service supports deposits from banks such as MIZUHO, PayPay, MUFG, and Rakuten and etc. Deposits made through this service are reflected immediately in the trading account, and the transfer fee is free. The minimum deposit amount for this service starts from 1,000 yen, and deposits can be made in units as small as 1 yen.
The minimum withdrawal amount at FXTF is set at 1,000 yen. However, it is important to note that withdrawals of less than 1,000 yen are only possible at the time of cancellation, and such transactions are processed by the company itself.
Pros | Cons |
Quick deposit options | Limited information on withdrawal fees and processing times |
Same-day withdrawal service available | Minimum withdrawal amount of 1,000 yen |
Free transfer fees for deposits | Withdrawals less than 1,000 yen only possible at the time of cancellation |
FXTF offers two trading platforms: the MT4 trading system and the GX trading system.
MT4 trading system
The MT4 trading system, also known as Metaquotes version, provides multiple options for traders. The PC installation version allows users to download the platform and access a comprehensive manual for operating it. Additionally, there is a PC browser version available, which also has a separate manual for login and operation. Traders who prefer mobile trading can download the MT4 App for iOS, Android, or iPad devices, with operation manuals provided for each platform.
GX trading system
On the other hand, the GX trading system is a comprehensive platform specifically designed for trading FX and commodity CFDs. It is recommended for beginners due to its easy-to-understand interface and simple operation. The PC web browser version of the GX trading system features a sleek design and incorporates TradingView, a widely recognized charting and analysis tool. Traders can access live trading and refer to the FX and Commodity CFD operation manuals for guidance. The smartphone version of the GX trading system is also available for both iOS and Android devices, for traders who want to trade anytime, anywhere.
Pros | Cons |
Accessible through various devices | Lack of detailed information on account types |
MT4 platform available for PC, mobile | Limited payment methods restricted to bank transfers |
GX trading system suitable for beginners | Limited customer support options |
GX platform incorporates TradingView | No live chat or dedicated FAQ section |
FXTF offers a range of trading tools to enhance the trading experience for its users.
1. FXTF Future Chart is a trading tool provided by FXTF that allows users to predict future price movements based on past price data. It includes a trading signal feature that displays buy and sell points on the chart, making it user-friendly even for those without extensive chart analysis knowledge. The Future Chart can be accessed through the member-only page “My Page” or the “GX Web Browser Version” after logging in. It's important to note that the rates displayed on the Future Chart may differ from those on the trading system due to different rate distributors.
2. Technical Analysis Commentary is another trading tool offered by FXTF. It provides an explanation of technical analysis, which involves predicting future price movements by analyzing past market trends. The commentary is presented in an easy-to-understand manner, making it suitable for individuals interested in studying charts and enhancing their technical analysis skills. The tool covers various aspects of technical analysis, including trends and their classifications.
3. Margin Calculator is a tool provided by FXTF that helps traders calculate the margin required for their trades. Margin refers to the collateral required to open and maintain positions in the forex market. The Margin Calculator assists traders in determining the amount of margin needed based on the trade size, leverage, and currency pair being traded. This tool helps traders manage their risk and make informed decisions when executing trades.
4. FXTF E-mail Magazine is an informational service provided by FXTF. It is a newsletter that targets customers who have an account with Mr. Tomorani Saito, the Representative Director of Win-invest Japan Co., Ltd., a well-established FX school. The e-mail magazine provides strategies directly linked to trading and market direction predictions. The newsletter is authored by Masaru Sugita, the Chairman of Win-invest Japan Co., Ltd., and Tomorani Saito, the Representative Director of the FX school. It offers valuable insights and analysis for subscribers interested in staying updated with market trends and trading strategies.
Pros | Cons |
FXTF Future Chart helps predict price movements based on past data. | Rates on Future Chart may differ from those on the trading system. |
Technical Analysis Commentary enhances understanding of technical analysis. | Limited information on the depth and scope of the commentary. |
Margin Calculator assists in managing risk and making informed decisions. | Possible limitations or complexity in the calculation process. |
FXTF E-mail Magazine provides valuable insights and analysis. | Limited information on the frequency and reliability of the newsletter. |
FXTF has defined trading hours for both winter and summer seasons. During winter, the trading hours are from Monday 7:05 am to Saturday 6:50 am. However, there is a scheduled maintenance period from Tuesday to Friday, lasting from 6:55 am to 7:05 am, which lasts for 10 minutes. In the summer season, the trading hours start at Monday 7:05 am and end on Saturday 5:50 am. Similarly, there is a maintenance period from Tuesday to Friday, lasting from 5:55 am to 6:05 am, which also lasts for 10 minutes. These trading hours provide a structured timeframe for traders to engage in financial activities with FXTF.
Reception Time: FXTF offers customer support throughout the week, with 24-hour availability during specific hours. During winter time, you can reach them from Monday 8:00 am to Saturday 7:00 am. In summer time, their support hours are Monday 8:00 am to Saturday 6:00 am. However, support is not available on weekends and during year-end and New Year holidays.
Inquiries by Phone: FXTF provides assistance regarding account opening and trading services via phone. You can contact them at 0120-445-435. The phone menu offers different options for specific inquiries. Option 1 is for inquiries about “Forex/Commodity CFD Trading,” option 2 is for inquiries about “account opening” and “deposits and withdrawals,” and option 3 is for “other inquiries.”
Inquiries by Email: For urgent matters, it is recommended to contact FXTF by phone. However, you can also send inquiries via email to support@fxtrade.co.jp. When reaching out via email, it is important to include your name and login ID, especially for customers with DEMO or LIVE accounts.
Inquiries via LINE: FXTF also offers customer support through the messaging platform LINE. However, for urgent matters, contacting them by phone is advised. To add FXTF as a friend on LINE, you can use the LINE ID @GWFX. Please avoid sharing personal information or account details in the chat support.
FXTF is a regulated financial platform based in Japan, offering trading services in the form of margin trading for currency pairs and commodity CFDs. It has been operating for approximately 15-20 years and is regulated by the Financial Services Agency in Japan. FXTF provides spreads on various currency pairs and offers leverage options of up to 25 times the initial investment for most major currency pairs, with a slightly lower leverage of 12.5 times for specific pairs. The platform supports two trading systems: MT4 and GX, catering to different trader preferences. FXTF also provides trading tools such as the FXTF Future Chart, Technical Analysis Commentary, Margin Calculator, and an informative email magazine. Customer support is available via phone, email, and the LINE messaging platform during specified hours. FXTF offers deposit and withdrawal services, with various methods available for customers to manage their funds. Overall, FXTF provides a regulated trading environment with offerings for traders interested in margin trading of currency pairs and commodity CFDs.
Q: What is the leverage offered by FXTF?
A: FXTF offers leverage of up to 25 times for most major currency pairs and 12.5 times for specific pairs like TRY/JPY, ZAR/JPY, and MXN/JPY.
Q: What are the trading platforms provided by FXTF?
A: FXTF offers the MT4 trading system and the GX trading system as trading platforms.
Q: What market instruments can I trade with FXTF?
A: FXTF provides trading services for FX (30 currency pairs) and Commodity CFDs.
Q: How can I open an account with FXTF?
A: To open an account with FXTF, you need to complete an application, submit confirmation documents, undergo an account opening review, and await the approval.
Q: What are the deposit and withdrawal options with FXTF?
A: FXTF offers various deposit options, including quick deposits through personal pages or bank windows/ATMs. Withdrawals can be made with a same-day withdrawal service, subject to certain conditions.
Q: What are the customer support options provided by FXTF?
A: FXTF offers customer support through phone, email, and the LINE messaging platform.
Q: What are the trading tools offered by FXTF?
A: FXTF provides trading tools such as FXTF Future Chart, Technical Analysis Commentary, Margin Calculator, and FXTF E-mail Magazine.
Q: What are the trading hours of FXTF?
A: FXTF has defined trading hours during both winter and summer seasons, with scheduled maintenance periods.
Q: Is FXTF regulated?
A: Yes, FXTF is a regulated entity in Japan, holding a Retail Forex License regulated by the Financial Services Agency.
Q: How long has FXTF been in operation?
A: FXTF has been operating for 15-20 years.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive vault-markets and fxtf are, we first considered common fees for standard accounts. On vault-markets, the average spread for the EUR/USD currency pair is 1 pips, while on fxtf the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
vault-markets is regulated by --. fxtf is regulated by FSA.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
vault-markets provides trading platform including Vault Cent,Vault No Bonus,Vault Zero,Vault Swop Free,Vault200,Vault100 and trading variety including 4. fxtf provides trading platform including -- and trading variety including --.