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 movement in a tradeable instrument. Here is what it means in forex, commodities, and indices, plus how to calculate pip value.
Read definitionA lot is a standardised unit of trade size in forex and CFD trading. Here is what standard, mini, and micro lots mean, plus contract sizes across 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 between a position's size and the deposit behind it. Learn what 1:100 means, how it differs from margin, and how it scales 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 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 quantity of the underlying that one lot represents. How it sets notional value, point value, and margin, with figures for every Vanto asset class.
Read definitionThe stop-out level is the margin level at which positions are closed automatically. Vanto's is 50% on both accounts. How it is calculated and how far away it is.
Read definitionTriple swap day is the weekly rollover that books three days of financing. Why it is 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.