VaultFunder prop firm offers funded account challenges in USD and ZAR, which makes it suitable for South African prop traders. For USD accounts the firm offers funded options from 5k to 100k and in the case of ZAR, the firm allows funding from R60k to R2mil. So, the firm offers almost the same funding options for its ZAR accounts as USD challenges. Both of these accounts are 2-step challenges, and the pricing starts at 60 USD for the 5k USD challenge and R920 for the R60k ZAR challenge. The profit split is 80% for all funded accounts which is a competitive amount.
In this VaultFunder review, we will assess the firm’s safety and other important features including customer support and hidden rules.
| Pros | Cons |
|---|---|
| Offers both ZAR and USD funded accounts | No reviews on FPA or Trustpilot |
| Competitive pricing with challenges starting at 60 USD | Is not backed by regulated brokers |
| Up to 90% using paid add-ons | Does not allow crypto trading |
| Supports MetaTrader 4 and MetaTrader 5 platforms | Only email support is offered |
| Charges no fees on withdrawals |
| FPA Score | Not rated |
| Year founded | 2024 |
| Headquarters | South Africa |
| Minimum audition fee | 60 USD |
| Fees on withdrawals | 0 USD |
| Minimum funded amount | 5,000 USD / 60k Rand |
| Maximum funded amount | 100k USD / R2mil |
| Allowed daily loss | 5% |
| Profit target | 10% |
| Maximum trailing drawdown | 10% |
| Profit sharing (Payouts) | 80% (Up to 90%) |
| Trading Platforms | MetaTrader 4, MetaTrader 5 |
| Available trading markets | Forex, indices, commodities |
The VaultFunder reviews are 0 on the Forex Peace Army (FPA), which is a serious red flag. On Trustpilot, the firm also has 0 reviews which is a major red flag. Lack of trader feedback is a huge downside as it makes it nearly impossible to evaluate the firm’s reliability. The firm is not backed by regulated brokers either, which is yet another serious red flag with its safety and reliability. All funded accounts are simulated challenges, meaning traders only access demo accounts and not live accounts with real funds even after they get funded.
The firm gets a 0 score in this section.
VaultFunder funded programs include both USD and ZAR challenges. This is attractive for South African prop traders who can choose a challenge in ZAR. The funded options are also different for each account. The list of USD VaultFunder funding options includes 5k, 10k, 25k, 50k, and 100k USD. Funded options for ZAR VaultFunder challenges include R60k, 140k, 550k, R1mil, and R2mil amounts. This range is competitive, but the firm does not provide access to smaller USD challenges which is a downside. There are no larger accounts than 100k USD which is also a minor drawback.
VaultFunder scaling plan allows traders to get up to 1 million USD and 18 million ZAR.
The firm gets a 3 score in this section.
VaultFunder prop trading assets include popular instruments such as FX pairs, indices, and commodities. There are no cryptos offered, which is a big downside. There is no possibility to access stocks, futures, or any other assets either. The leverage is up to 1:100, allowing traders to control considerable trading capital.
The firm only gets a 2 score in this section.
VaultFunder rules are the same for both challenge types of USD and ZAR which are flexible. Let’s see the firm’s requirements:
While the firm allows automated trading, it prohibits news trading and overnight and weekend holding. The maximum drawdown is flexible and EAs are very attractive but all other requirements are very strict, including strict daily loss limit and high profit targets.
The firm gets a 1.1 score in this section for having strict rules.
The pricing at VaultFunder is competitive for both challenge types. The smallest 5k USD challenge costs 60 dollars and the 5k AR account will cost R920. Generally, pricing below 150 USD is considered attractive and the firm is way below the starting price market, which is very competitive. Withdrawals incur no fees. However, spreads are not zero which makes it difficult to deploy scalping strategies.
The VaultFunder free trial is not available and the VaultFunder free repeat is not offered either, which is disadvantageous as traders can not check trading conditions or start over for free.
Overall, the firm manages to receive a 3 score in this section.
When it comes to trading platforms, the firm allows access to MetaTrader 4 and MetaTrader 5 which are one of the most popular platforms. This advanced software allows for custom indicators and Expert Advisors (EAs), which are automated trading systems. Mobile trading is available via MT4 and MT5 mobile apps accessible on both Android and iOS.
As a result, the firm gets a 5 score in this section.
VaultFunder profit split is 80% for all funded accounts which is a decent amount. Traders can get up to 90% profit split using paid add-ons during signing up, which is flexible. Withdrawals are processed quickly at least the firm claims so. Withdrawals do not require commissions which are also beneficial.
Overall, the firm gets a 3 score in this section.
The firm does not offer educational resources like webinars, video guides, or webinars, which is a downside for beginner traders. There are no tools offered either to increase trading accuracy for traders. There is a trading dashboard that offers many features. There is a trading blog available but it can not be used as a replacement for a proper trading education.
Overall, the firm gets a 1 score in this section.
The firm only offers an email support option. There are no live chat or phone support options available which is a serious downside. Both the website and support are only available in the English language, which is a drawback.
Overall, the firm only gets a 1.2 score in this section.
Our partner, XM, lets you access a free demo account to apply your knowledge.
No hidden costs, no tricks.
The VaultFunder scam is definitely possible as the firm has no reviews on trusted platforms such as Trustpilot and FPA.
The firm offers many attractive conditions like advanced platforms, cheap fees, and diverse accounts, but lacks trader reviews and experience.
The smallest one-time fee starts at 60 USD for the 5k USD challenge, which is competitive.
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