No data
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Do you want to know which is the better broker between Vault Markets and GO MARKETS ?
In the table below, you can compare the features of Vault Markets , GO MARKETS side by side to determine the best fit for your needs.
--
--
EURUSD:15.79
XAUUSD:32.4
EURUSD: -6.22 ~ 3.41
XAUUSD: -34.63 ~ 19.23
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, go-markets 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. |
GO Markets is an Australia-based Forex and CFDs broker founded in 2006, providing 1000+ tradable CFD instruments including forex, shares, commodities, indices, metals, and treasuries. GO Markets is regulated by the ASIC in Australia, the CySEC in Cyprus, and the FSA (Seychelles).
GO Markets is one of the first Australian MetaTrader 4 brokers, later on, it added MetaTrader 5, WebTrader, cTrader and mobile apps to its suite of services. The broker is well known for its strict compliance and competitive spreads.
Broker | GO Markets |
Founded | 2006 |
Registered | Australia, Cyprus, Mauritius, Seychelles |
Regulation Status | ASIC, CYSEC, FSA (Offshore) |
Market Instruments | Forex CFDs, Share CFDs, Index CFDs, Metals CFDs, Cryptocurrency CFDs, Commodity CFDs and Treasury CFDs |
Demo Account | ✔ |
Maximum Leverage | 1:500 |
Minimum Spread | From 0.0 pips |
Tading platform | MT4, MT5, cTrader, Go WebTrader, Mobile Trading |
Social Trading | ✔ |
Minimum Initial Deposit | $200 |
Customer Service | 24/7 - live chat, contact form, phone, email |
Pros | Cons |
|
|
|
|
|
|
| |
| |
|
GO MARKETS is an online forex brokerage company that is regulated by multiple regulatory bodies including ASIC, CYSEC, and FSA.
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
ASIC | GO MARKETS PTY LTD | Market Making (MM) | 254963 | |
CYSEC | Go Markets Ltd | Market Making (MM) | 322/17 | |
FSA | Go Markets International Ltd | Retail Forex License | SD043 |
With Go Markets, clients can easily trade with over 1,000 products, covering Fore, Shares CFDs, Indices, Metals, Commodities, and Treasury. However, this broker does not trading on some other popular asssets like Futures, options, or ETFs.
Tradable Assets | Supported |
Forex Pairs | ✅ |
Shares CFDs | ✅ |
Indices | ✅ |
Metals | ✅ |
Commodities | ✅ |
Treasury | ✅ |
Futures | ❌ |
Options | ❌ |
ETFs | ❌ |
The broker offers two account types Standard and GO Plus Accounts with the flexibility to manage the trading way and choose the best fit. So there is an option between a Standard trading proposal based on spread charges and access to a true ECN environment via GO Plus+ specifically designed through light-fast technology.
The Standard account caters to traders seeking accessibility, requiring a minimum deposit of $200 and offering leverage up to 500:1 across forex, metals, commodities, and indices markets. Conversely, the Pro account is geared towards more experienced traders, demanding a higher minimum deposit of $300 while providing the same leverage and instrument range as the Standard account. Notably, the account can be only opened USD.
Notably, the GO Plus+ account supports 9 different base currencies including AUD, GBP, EUR, NZD, USD, SGD, CHF, CAD, HKD.
GO Markets Leverage depends on the entity you have an account with since leverage falls under certain regulations. International Traders can access high-leverage ratios. For forex trading, GO Markets Pty Ltd, Mauritius (FSC regulated) offers generous leverage up to 1:500.
Apart from offering one of the best spreads for the products suite, GO Markets is also the most competitive in terms of holding costs or overnight swaps. GO Markets offers Swap-Free Accounts to traders available on the Standard and GO Plus+ accounts on Meta trader platforms. GO Markets Swap-Free account is available to legitimate holders who are Muslim and cannot use “swaps” due to their religious belief.
Further, the GO Plus Account is already a choice for advanced traders or those whose strategy requires it as spreads from 0.0 pips and trading costs inbuilt in the commission as low as $2.5 per side.
GO Markets spreads are aggregated from 22+ Tier 1 and 2 liquidity providers making them go as low as 0.0 pips. The GO Markets average spreads for Standard and GO Plus+ accounts are listed on their page. However, the data is provided for general information only and is taken over a one-month period. Prices shown may vary. For instance, see below a comparison of the Standard spread offering, as well as your comparing fees to another popular broker.
Besides, always consider overnight fee as a cost, also known as Rollover rate or interest for holding positions open overnight.
In terms of trading platform suppored, GO Markets offers a robust suite, which makes it stands tall among most brokers. MetaTrader 4 and 5 platforms provide advanced charting tools, expert advisors, and VPS options. The user-friendly cTrader platform enables advanced customization and order capabilities. Copy trading solutions like MetaTrader Copy Trader and cTrader Copy Trading allow following successful traders' strategies. Mobile trading apps for Android and iOS ensure access on-the-go. The GO WebTrader offers a web-based MT4 and MT5 experience without downloads.
Platforms | GO Markets |
MetaTrader 4 | ✅ |
MetaTrader 5 | ✅ |
Mobile Trading Platforms | ✅ |
cTrader | ✅ |
Go WebTrader | ✅ |
WebTrader | ❌ |
Additionally, GO Markets offers the following trading tools to enhance trading experience:
GO Markets offers free deposits through various payment methods, including Mastercard, Visa, Skrill, Neteller, and bank/wire transfers. These options support multiple currencies like AUD, USD, GBP, EUR, and others, serving traders across different regions.
Generally, GO Markets enables free internal withdrawals. However, withdrawals to non-Mauritian banking institutions may incur fees from intermediary banks and the recipient's bank. Withdrawal requests received before 7 AM MUT are processed the same day, while later requests are handled the next business day. All withdrawals are processed back to the original funding source for security. While GO Markets ensures a seamless withdrawal process, external fees from third-party banks may apply in certain cases.
24/7 - live chat, contact form
Phone: +230 5869 0074 (International)
Email: support.mu@gomarkets.com, newaccounts.mu@gomarkets.com
Head Office: Level 7 Office 12, ICONEBENE Lot B441, Rue de LInstitut Ebene
And of course, since novice traders always pass through great challenges while exploring trading opportunities, GO Markets provide the educational materials and research resources necessary to perform seamless trading. Eventually, GO Markets educational programs and its GO Markets Academy are numerously award-winning materials that are defined by all levels of traders and available for Free use.
So in GO Markets Academy and Education Centre, you will find Forex trading learning courses, Video Tutorials, also Tutorials and regularly held Seminars and Webinars in various languages. Also, Demo Account is offered for free use with no limits where beginners can place their strategy at the test or see GO Markets environment.
As for the Research tools, besides very comprehensive research inbuilt into Metatrader 4 platform, GO Markets also cooperates with Autochartist and Trading Central providers so you can use its free trading signals and ideas for your benefit. Besides, thousands of MetaTrader 4 & 5 Add-ons remain at your suite which is defined by the instrument and specified criteria, where also you may use the great tool MT4 Genesis.
Is Go Markets legit?
Yes, Go Markets operates legally, and it is regulated in three different jurisdications globally.
Is demo trading available at Go Markets?
Yes. It offers risk-free demo accounts.
Does Go Markets offer MT4/5?
Yes. Both MT4 and MT5 are available.
What is the minimum deposit required to open an account with Go Markets?
The minimum deposit required varies depending on the account type you choose. The Standard account requires a minimum deposit of $200, while the Pro account requires a minimum deposit of $300.
Is Go Markets a good broker for beginners?
Yes. It is a regulated broker that offers demo accounts and rich educational resources. But $200 minimum deposit requirement may be high for beginners.
Trading online carries inherent risks, including the potential loss of invested capital. It may not be suitable for all traders or investors. It's essential to understand and acknowledge these risks before engaging in online trading.
Additionally, please note that the information provided in this review is subject to change as the company updates its services and policies. The date of this review's generation is also crucial, as information may have evolved since then. Therefore, readers are encouraged to verify updated information directly with the company before making any decisions or taking action. The reader assumes full responsibility for the use of the information provided in this review.
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 go-markets 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 go-markets the spread is from 0.0.
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 --. go-markets is regulated by ASIC,CYSEC,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. go-markets provides trading platform including GO Plus+ Account,Standard Account and trading variety including Wide range of FX pairs, Shares, Indices & Commodities.