Beware of Vault Markets, They May Loose All of Your Invested Money

WikiFX has been keeping an eye on Vault Markets' activity. Many merchants are dissatisfied with their unlawful activities. WikiFX lists over 37,000 brokers, both legal and unregistered. As a result, WikiFX can quickly determine whether or not a broker is regulated.

In this article, we will discuss some of the issues received by WikiFX from Vault Markets traders across the globe.

Vault Markets Information

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 brokers to offer financial services. Having said that, it is worth mentioning that 1st Fintech Capital acts as a go-between for customers and Karibu FX Financial Consultant Services Pty Ltd. This firm is based in the Republic of Namibia, where it has many offices, and it lacks a respected financial license.

The founder and management team are comprised of experienced international forex traders. The online brokerage, which is primarily targeted at African individual investors, is accessible in four countries and has over 10,000 registered members.

Because they are owned by FINTECH, they also claimed that they are under FSCA regulation, as mentioned on the official website. However, no results were obtained when their legitimacy was checked on the FSCA official website.

FINTECH Validation

Vault Markets Validation

Where Do Vault Markets Do Business？

Vault Markets has offices in the following African countries:

The South African Republic

Nelson Mandela Square, Maude Street, Sandton, 2nd floor

Tanzania

Skycity Mall, 9th Floor, University Road, Dar es Salaam, Dar es Salaam

Namibia

Windhoek, Namibia, Unit 3b, South Port, Hosea Kutako Drive

The WikiFX team is currently deciding when to confirm the address's legitimacy. So keep tuned for further information regarding their offices.

To learn more, see the Vault Markets dealer page on WikiFX.

Recent Social Media Reactions

WikiFX has recently received a complaint.

How WikiFX can be helpfull to traders in stopping a broker's illicit conduct.

The WikiFX Right Protection Center has a single goal: to settle issues submitted by traders all around the world. WikiFX may also disclose your broker's unlawful practices.

How does it work？

Step 1: If you haven't already, download the WikiFX App for free from the App Store or Google Play Store.

Step 2: Download and install the WikiFX Mobile App. Navigate to the exposure area and touch it.

Step 3: Once you are on the exposure page, look for the exposure button at the bottom right of the screen and press it.

Step 4: After pressing the button, choose the sort of report or case you wish to display.

Step 5: Once you've decided on the sort of report, find or search for the involved broker and touch on it.

Step 6: Once you've finished adding the implicated broker, you should be led to the form where you may explain the occurrence. Upload as much proof as you can and clearly describe what occurred.

Once submitted, a member of the WikiFX rights protection team will contact you to inquire about the occurrence.

You may see the commonly resolved cases on the WikiFX Right Protection Center Page.

You may also contact WikiFX customer service directly for immediate help.

Download the WikiFX App for free on App Store and Google Play Store to stay up to date on the latest news.