Vault Markets
We checked Vault Markets against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Vault Markets is not a reliable broker for traders even though it states offers that look good to be true. Vault Markets claims it is a product of 1st Fintech Capital (Pty) Ltd, a company licensed and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa with FSP No. 51478. We do find a match result to 1st Fintech Capital (Pty) Ltd in FSCA. But as per details of the regulated firm(Physical Address, telephone number) published on FSCA do not match Vault Markets. Vault Markets may be a clone firm that falsely uses regulatory info of an FSCA-regulated firm. Vault Markets is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Vault Markets.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.