Markets / Currencies

Currencies

Forex Trading

Benefits of Forex Trading with VestoFX

  • 40+ currency pairs
  • Trade FX 24/5
  • Highly liquid market
  • No hidden commissions

Trade 5 global asset groups & 300+ individual CFD financial instruments. Discover Forex, Commodities (Precious Metals & Energies), Stocks and Cryptocurrencies at VestoFX.

What is Forex Trading?

CFD (Contract for Difference) forex trading is a form of trading that allows investors to make predictions on the rising or falling prices of fast-moving global financial markets, including forex (foreign exchange market for currencies). In CFD forex trading, instead of actually buying or selling currency, traders enter into a contract with a broker to exchange the difference in the value of a currency pair between the time the contract is opened and when it is closed.

 

Key points about CFD forex trading

  1. Leverage: CFDs are traded on margin, meaning traders can control large positions with a relatively small amount of capital. This leverage can amplify profits but also losses.
  2. Going Long or Short: Traders can make predictions on price movements in either direction. If they expect a currency pair to increase in value, they can go long (buy). Alternatively, if they expect it to decrease, they can go short (sell).
  3. Access to Global Markets: Forex CFDs offer access to all major currency pairs, as well as some minor and exotic pairs.
  4. No Ownership of Physical Assets: In CFD trading, you don’t own the underlying currency. This means you can make predictions on forex market movements without the need to take delivery of the actual currency.
  5. 24/5 Market: The forex market operates 24 hours a day, 5 days a week (Monday through Friday), allowing for continuous trading.
  6. Risk Management Tools: VestoFX offers a range of risk management tools, such as stop-loss orders, which can help traders manage their risk.
  7. Costs and Fees: Trading CFDs involves certain costs, like the spread (difference between the buy and sell price), and overnight holding costs (swap rates).

Company Information: This website (www.vestofx.net) is operated by FAIRMONT FINANCIAL SERVICES (PTY) LTD, a South African investment firm, authorized and regulated by the Financial Sector Conduct Authority of South Africa with Financial Service Provider (FSP) license number 51766. FAIRMONT FINANCIAL SERVICES (PTY) LTD is registered and located at 5 Fagan Street, Somerset West, 7130 Western Cape Province, South Africa.

FAIRMONT FINANCIAL SERVICES (PTY) LTD owns and operates the “VestoFX” brand.

FAIRMONT FINANCIAL SERVICES (PTY) LTD and EVBX LTD belong to the same Group of Companies. EVBX LTD (ex Vstar & Soho Markets Limited) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 409/22.

Risk warning: Contracts for difference (“CFDs”), are financial instruments which carry a high risk of losing all invested capital due to the fact that they are complex financial products. Trading in CFDs, includes trading with leverage and can lead to the loss of all balance held within your trading account fast. Please keep in mind that leverage in such financial instruments may be advantageous or detrimental. Also, it is crucial to know that a contract for difference gives no right of ownership to the underlying assets. Past performance is not a reliable source for future results and forecasts do not constitute a reliable indicator of future performance. It is essential to know that trading in CFDs is not appropriate for all investors and prior deciding to trade, you should thoroughly consider whether your level of experience, investment objectives and risk tolerance is able to endure the high risk of trading. In no event you should deposit more funds than you are prepared to lose. You should ensure that you understand all risks associated with trading in CFDs and seek independent advice, if necessary. Please read our Risk Disclosure document.

FAIRMONT FINANCIAL SERVICES (PTY) LTD applies strict measures in line with anti-spam regulations by avoiding unsolicited advertising. Please read our Privacy Policy document.

Regional Restrictions:  FAIRMONT FINANCIAL SERVICES (PTY) LTD does not offer services within the European Economic Area as well as in certain other jurisdictions such as the South Africa, USA, British Columbia, Canada, Iran, North Korea, Myanmar, Russia and some other regions.

FAIRMONT FINANCIAL SERVICES (PTY) LTD is NOT a financial adviser and does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product.

Risk Warning

Trading in CFDs carry a high level of risk to your capital due to the volatility of the underlying market. These products may not be suitable for all investors. Therefore, you should ensure that you understand the risks and seek advice from an independent and suitably licensed financial advisor.

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