What Account Types and Fees Does Vault Markets Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and retail traders |
Accessible trading conditions, educational resources |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
Advanced trading tools, competitive spreads |
May require trading volume qualifications |
| Corporate Account |
Corporate clients |
Tailored solutions for businesses |
Requires corporate documentation |
| Islamic Account |
Traders requiring swap-free options |
No overnight fees, compliant with Shariah law |
Available upon request |
| Demo Account |
All trader levels |
Practice trading with virtual funds |
Ideal for testing strategies without risk |
Account Opening Process
To open an account with Vault Markets, prospective clients must complete several steps. First, applicants are required to submit personal, employment, and financial information. This includes providing identity verification documents, such as a valid ID and proof of address. After submitting the necessary documents, the application will be reviewed for approval. Once the account is set up, clients have the flexibility to upgrade to a professional account later, should their trading needs change.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
0.8 |
$0 |
Tight spreads for major pairs |
| Forex (Minor Pairs) |
1.2 |
$0 |
Competitive pricing for less traded pairs |
| CFDs (Stocks) |
Varies |
$6 per round turn |
Based on liquidity |
| CFDs (Indices) |
Varies |
$6 per round turn |
Market-dependent pricing |
| CFDs (Commodities) |
Varies |
$6 per round turn |
In line with market conditions |
| Cryptocurrencies (BTC/USD) |
1.0% |
0.1% |
Variable based on market volatility |
Other Fees
Additional costs that traders should be aware of include deposit and withdrawal fees, which may vary depending on the payment method used. Inactivity fees may apply if an account remains dormant for an extended period. Furthermore, while using the trading platform, there could be associated fees, including overnight interest (swap rates) for positions held overnight. Currency conversion fees may also apply when dealing in different currencies.
