Vault Markets vs FP Markets

Vault Markets vs FP Markets Comparison Table 2023
Vault Markets Review 2023	FP Markets Review 2023
Review 2.5	Review 4
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Vault Markets is an award-winning brokerage headquartered in Namibia. It is an accessible direct-market-access CFD broker with affordable minimum deposits, flexible funding methods and high leverage. This broker offers a very large range of forex pairs as well as commodities and indices through MetaTrader 4 or MetaTrader 5.	FP Markets is an ASIC- and CySEC-regulated broker that offers forex and CFD trading on a broad range of assets through the MT4, MT5 and IRESS platforms. With trading available through standard and raw spread accounts on thousands of international stocks, forex, indices, commodities, cryptocurrencies, bonds and ETFs, this broker has some of the most comprehensive market coverage available. FP Markets also offers a full range of additional features, including educational resources and access to powerful software such as Autochartist.
Bonus Offer
200% Account Opening Bonus
Comment by Reviewer
"Vault Markets is geared toward African traders who want to access forex markets with highly leveraged trades and low minimum deposits. The list of 200+ currency pairs outperforms most rivals. On the negative side, some poor user reviews raise security concerns."	"We recommend FP Markets for forex and stock traders with 70+ currency pairs and an impressive 10,000+ stocks available as CFDs."
Pros
Leverage up to 1:1000 is higher than most competitors Ultra-low latency trading will appeal to serious day traders Responsive customer service upon testing DMA broker with tight raw spreads available A specialist broker for African traders Very wide range of forex pairs MT4 and MT5 trading platforms Easy to create a live account	Regulated and reputable broker with ASIC and CySEC oversight Tight spreads available on both the standard and raw spread account Good range of additional tools and features including educational content, Myfxbook and Autochartist MT4, MT5 and IRESS trading platforms One of the fullest asset lists on the market Bespoke copy trading platform High leverage up to 1:500
Cons
No top-tier regulatory oversight raises safety issues No demo account makes it difficult for traders to test broker's services Poor range of educational content and extras Trader reviews flag some scam concerns	$55 subscription fee on IRESS accounts Withdrawal fees for some payment types Does not accept US customers
Awards
Best Customer Service Africa 2022 Fastest Growing Broker Nambia 2022 Most Secure Broker South Africa 2022 Most Innovative Broker South Africa 2022 Fastest Withdrawals Africa 2021 Best New Forex Broker Africa 2021 Best MT4 Online Trading Solutions Provider Africa 2021	Best Global Forex Value Broker 2019 - Global Forex Awards Best Quality of Trade Execution 2019 - Investment Trends
Instruments
Forex, Stocks, Indices, Commodities, Cryptocurrencies	CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Demo Account
No	Yes
Minimum Deposit
$5	$100
Trading Platforms
MT4 MT5	MT4 MT5 AutoChartist TradingCentral
Payment Methods
Bitcoin Payments Debit Card M-Pesa Mastercard Visa Wire Transfer	BPAY Credit Card Dragonpay FasaPay Finrax Mastercard MoneyGram Neteller PayPal Paytrust Perfect Money POLi Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FSCA	ASIC, CySEC, ESMA
Margin Trading
Yes	No
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
Yes	Yes
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	FP Markets Social Trading app allows for the straightforward mirroring of established traders with an easy-to-follow ranking system.
Social Trading
No	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
Yes	Yes
Account Currencies
USD ZAR	USD EUR GBP CAD AUD JPY TRY CHF PLN CZK THB VND
Stock Exchanges
Dow Jones Nasdaq	Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq National Stock Exchange Of India New York Stock Exchange
Commodities
Gold Oil Silver	Aluminium Copper Corn Gold Iron Natural Gas Oil Palladium Platinum Silver Soybeans Steel Wheat
CFD Trading
Trade CFDs on forex, commodities, indices and crypto assets. With spreads from 0 pips and generous incentives and bonus offers setting Vault Markets apart from competitors, this Namibian broker will appeal to aspiring traders.	FP Markets' CFD trading covers a range of markets, including 10,000+ equities, indices, commodities, cryptocurrencies and ETFs. Spreads are tight and traders get fast execution speeds.
Leverage
1:1000	1:30 (UK), 1:500 (Global)
FTSE Spread
From 1 pip	1.64
GBPUSD Spread
From 1 pip	1.9 average
Oil Spread
From 1 pip	0.04
Stocks Spread
From 1 pip	Variable
Forex Trading
Trade 200 CFD forex pairs with DMA pricing and tight spreads, ultra low latency and high leverage up to 1:1000. The range of forex pairs available and pricing model are among the most attractive in the African market.	FP Markets is a good option for forex traders, with 70+ pairs covering an excellent range of currencies. Spreads are already tight on standard accounts and start from zero on raw spread accounts, and the broker offers high leverage up to 1:500 and top-tier liquidity.
GBPUSD Spread
From 1 pip	1.9
EURUSD Spread
From 1 pip	1.1
EURGBP Spread
From 1 pip	1.7
Assets
200	60+
Currency Indices
	USD
Cryptocurrency
Trade five crypto pairs via leveraged CFDs. This is too small a range to satisfy dedicated crypto traders, but the digital tokens do have the advantages of ultra-fast execution and pure direct market access.	Take positions on popular cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin with leveraged CFDs. However, you cannot directly buy and own crypto tokens.
Spread
From 1 pip	Floating
Coins
BTC ETH LTC ADA XRP	ADA BCH BTC DOG DOT EOS ETH LNK LTX XRP SOL XLM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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