Trading & Investing

• What exactly is a trading account?
  Upon finishing the registration process, a personal trading account is created, and you’re ready to begin trading.
• What is the definition of spread?
  The spread is the difference between the bid (sell) price and the ask (buy) price in the market.
• What does a pip refer to in currency pairs?
  A 'pip' is the smallest allowable change in the value of a currency pair, known as the 'Price Interest Point' or 'Percentage in Point.'
• How does leverage work in trading?
  Leverage allows you to amplify your purchasing power, giving you greater exposure to financial markets with a relatively small amount of capital. With CFDs, a small deposit grants you much larger exposure, but keep in mind that leverage also raises the potential risk to your capital.
• What does CFD stand for and how does it work?
  A CFD, or Contract for Difference, gives traders the chance to earn from price fluctuations without owning the underlying asset. It’s an agreement between the buyer and seller that sets a purchase price. The profit or loss is based on the difference in the asset's price during the contract period. CFDs are available for trading in Forex, Stocks, Indices, Commodities, and Cryptocurrencies.
• What does a Stop Loss order do?
  A Stop Loss is an order to automatically close a CFD position at a price you determine in advance. For Buy positions, this price is set below the opening price, and for Sell positions, it is set above. While it helps minimize risk, the execution of a Stop Loss isn’t always guaranteed, as it may be filled at a worse price during times of high market volatility.
• How does a Take Profit work?
  A Take Profit is an instruction to close a CFD position at a specific price you choose ahead of time. In the case of a Buy order, the price is higher than the opening price, and for a Sell order, the price is lower than the opening price.
• Why should I use a Pending Order?
  A pending order allows you to sit back while the market moves toward your pre-set price. Whether you’re setting up a limit or stop order, it takes the pressure off by ensuring you only enter a position when the market conditions align with your strategy.
• What is involved in Crypto Trading?
  Crypto trading is the process of swapping one cryptocurrency for another. It’s similar to Forex trading, where currencies are exchanged, but here you’re working with digital assets. It allows anyone to join the crypto world without the need to mine it.
• How is Physical Shares Trading different from CFDs?
  Physical shares trading involves directly owning the assets you trade, while CFDs allow you to speculate on price movements without owning the actual assets.
• How do I determine my trade size?
  To calculate the required trade size, select the asset on the Trade page, enter your desired volume, and click the (i) icon next to the asset's name. A pop-up will show the required margin for the position.
• When can I trade on the global markets?
  You can trade on the global markets 24/5, with trading available around the clock from Monday to Friday, excluding public holidays.
• How are the prices determined on your platform?
  The prices on our platform are provided by our liquidity provider.
• What is the smallest lot size I can trade?
  The minimum lot size available for trading is 0.01 LOT.
• What is a swap in trading terms?
  A swap is a fee incurred for holding a position open overnight.
• Where can I expand my knowledge on trading?
  At VestoFX, you gain access to a vast information center, advanced trading tools, and real-time data.
• What’s the process for creating a Favourites list?
  Click the star next to the asset’s name on the Trade page to add it to your Favourites. Once added, you can view it in your Favourites list, located in the filters section of the Trade page.
• What does a LOT represent in trading?
  A lot refers to the standard number of units per trade, representing the size of your CFD transactions. The standard lot size is 100,000 units of currency, but there are also mini, micro, and nano lots, which represent 10,000, 1,000, and 100 units, respectively.
• How does an ETF work?
  An Exchange Traded Fund (ETF) is a security that mirrors the performance of an asset or a group of assets such as commodities, indices, or bonds. ETFs are bought and sold on exchanges, much like stocks or indices.
• How do I check my balance?
  You can view your balance at the bottom of the Trade page on the platform.
• Where can I see my full trading activity?
  You can view your complete trading history, including deposits, withdrawals, trades, and charges, by navigating to "Trade History" on the platform. To track the status of your withdrawals, go to "Banking" or "Pending Requests." For any clarifications, contact our Customer Support via Live Chat or email us at [email protected].
• How can I close an open trade?
  To close a trade, go to "Trade — Open Trades" on the platform, select the trade, and click the "Close" button next to it. Ensure the asset's market is open by checking the "information" tab. If the market is open, you can proceed to close the trade.