Risk Warning: Forex and CFDs are complex instruments and require knowledge of the risks involved. Losses are likely to exceed potential profits and may exceed your initial deposit. Prices may fluctuate and securities may become valueless. Do not deposit money you cannot afford to lose.
Plain-English definitions of the core CFD and forex mechanics, from spreads and margin to pips, lots, swaps, and slippage.
A pip is the smallest standardised price move in a tradeable instrument. What it means in forex, commodities and indices, and how to calculate pip value.
Read definitionA lot is a standardised unit of trade size in forex and CFDs. Standard, mini and micro lots, plus contract sizes for gold, silver, oil and indices.
Read definitionA swap is the overnight financing charge or credit applied to a CFD position held past rollover. See live Vanto swap values and how triple-swap day works.
Read definitionThe spread is the difference between the bid and ask price, the built-in cost of opening a CFD position. See live Vanto spreads across forex, gold, and indices.
Read definitionMargin is the deposit required to open and hold a leveraged CFD position. Learn used margin, free margin, margin level, and how margin calls and stop-outs work.
Read definitionSlippage is the gap between the price you expected and the price your order actually filled at. Learn positive vs negative slippage and what drives it on MT5.
Read definitionLeverage is the ratio of a position's size to the deposit behind it. What 1:100 means, how it differs from margin and how it scales both gains and losses.
Read definitionHawkish means a central bank leans toward tighter policy and higher rates, dovish toward easier policy. Learn the signal words and why surprises move markets.
Read definitionA CFD has no fixed size or expiry and trades from 0.01 lot; a futures contract is exchange-traded, dated and fixed in size. Tables from the Vanto feed.
Read definitionContract size, tick value and volume limits for every Vanto symbol in one sheet: 100,000 units on forex, 100 oz gold, 5,000 oz silver, 1 on indices.
Read definitionForex vs CFD trading is a false split: a forex position is a CFD-style contract. The real differences are leverage, contract size, swap and lot rules.
Read definitionMT5 has 21 timeframes, 6 pending order types and depth of market; MT4 has 9, 4 and none. See what changes in practice, with Vanto feed data.
Read definitionPip value per lot for all 42 forex symbols at Vanto: USD 10 on USD-quoted pairs, about USD 6.32 on yen crosses, USD 13.24 on EURGBP. Snapshot table.
Read definitionA price-weighted index weights stocks by share price, a market-cap-weighted index by company value. A five-stock example shows how they diverge.
Read definitionA stop-loss order closes a position at a set price to cap the loss. See the types, how it fills in a gap, and how stop distance sets lot size.
Read definitionAn Expert Advisor (EA) is a program that runs inside MetaTrader and sends orders by rule. See how it works, what limits it and where it fails.
Read definitionAn index CFD is a cash-settled contract on an index level. See how cash-priced and futures-priced index CFDs differ in basis, expiry and rolls.
Read definitionATR is the average distance a market travels per period. See how one ATR becomes a different money amount per lot on forex, gold, oil, indices and crypto.
Read definitionContango means later futures cost more than nearer ones; backwardation means they cost less. Learn to read the curve slope in percent.
Read definitionGDP measures the value of what an economy produces. Currencies react to the gap between the release and the forecast, then to revisions of earlier figures.
Read definitionMarket correlation is the coefficient, from -1 to +1, that measures how two prices move together. See how to calculate it and how it affects open exposure.
Read definitionPosition size = risk amount / (stop distance x contract size). Worked on forex, gold, oil, indices and crypto, with the rounding and minimum-lot limits.
Read definitionRisk-on and risk-off describe whether investors buy or shun risky assets. See which CFDs usually move together and what a 1% move costs per lot.
Read definitionSpot gold is priced for immediate settlement; gold futures fix a price for a later date. Carry cost, expiry and roll explain the gap between them.
Read definitionSTP brokers pass orders to liquidity providers; ECN brokers match them in a network. Compare execution, spread and commission, and what you can verify.
Read definitionThe gold-silver ratio is the gold price divided by the silver price: 68.96 on the Vanto feed on 10 October 2026. Contract sizes change how you size it.
Read definitionVolatility is how much a price moves over a period. Learn range, ATR and standard deviation, and how volatility changes lot size, stops and margin.
Read definitionDaylight saving shifts London and New York sessions by one hour in UTC, but not Tokyo. Dates, mismatch weeks and the MT5 server clock explained.
Read definitionThe total cost of a trade is the spread plus any commission, swap and slippage. See when each applies and how holding time shifts the balance.
Read definitionThe margin one lot locks on every Vanto instrument at the maximum leverage of its class, from the live September 2026 feed.
Read definitionA CFD pays the price difference between opening and closing a position, with no ownership of the asset. Three worked Vanto examples.
Read definitionThe risk-reward ratio compares what a trade risks with what it targets. Break-even and spread-drag tables show why win rate matters too.
Read definitionA buy limit buys below the current price, a buy stop buys above it. How all six MT5 pending orders trigger, why buys fill on the Ask, and what happens on a gap.
Read definitionA hedging account in MT5 keeps every trade as a separate position; a netting account merges them. How each mode works, what locking costs, and Close By.
Read definitionYoY means year-over-year: change against the same period a year earlier. How it differs from MoM, what base effects do, and why forex reacts to the surprise.
Read definitionA trailing stop moves the stop loss behind the price as a trade gains. How it works in MT5, a worked gold example, and why it stops when the terminal closes.
Read definitionMinimum lot size is the smallest position an instrument accepts, set per symbol not per account. Why it is 0.01 on forex, 40 on Dogecoin and 10 on the VIX.
Read definitionContract size is the amount of the underlying one lot represents. How it sets notional value, point value and margin, with figures per Vanto asset class.
Read definitionThe stop-out level is the margin level at which positions close automatically. Vanto's is 50% on both accounts. How it is calculated and how close it is.
Read definitionTriple swap day is the weekly rollover that books three days of financing: Wednesday for forex and metals, Friday for indices and energy, never for crypto.
Read definitionOpen an MT5 account with Vanto and start trading forex, indices, commodities, and cryptocurrencies.