Company Information: This website (www.vestofx.com) 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 located at registered address Block 1 Constantia view office esta, hogback ave, Randburg, Gauteng, 1709 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 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.

General

  • What is my trading account?
    After completing your registration, a personal trading account is created, and you can start trading.
  • What is a CFD?
    A CFD (Contract for difference), offers traders the opportunity to speculate on, and possibly earn from the price movement, without actually physically owning the underlying asset. By using a CFD (basically a contract between a buyer and seller that specifies a certain purchase price), it allows for profits or losses based, on the change in the price of the underlying asset during a specified time frame. CFDs can be traded in all the major markets, Forex, Stocks, Indices, Commodities and Cryptocurrencies.
  • What is a leverage?
    A leverage increases your purchasing power hence enables you to gain a large exposure to a financial market while only tying up a relatively small amount of your capital.

    CFDs are leveraged, which means you only have to put down a small deposit for much larger exposure.

    Leverage increases your profit potential as well as the risk of losing your capital.
  • What is a lot?
    A lot is the standard number of units per transaction and represents the size of your trades in CFDs. The standard size for a lot is 100,000 units of currency, and now, there are also mini, micro, and nano lot sizes that are 10,000, 1,000, and 100 units.
  • What are pips and points?
    A ‘pip’ stands for ‘Price Interest Point’ or ‘Percentage in Point’ and is used as a unit of measure of the change in value of a currency pair – a pip is the smallest allowable fluctuation in its price.

    Most of the currencies, unlike the Japanese Yen, have 2 decimal points e.g. 1 dollar = 100 cents.
  • What is a margin?
    When a broker loans money to a trader in order they can use leverage, allowing them to control a larger amount of trading capital than what’s currently in their account. Traders typically use it to open positions that are many times larger than what would otherwise be possible, exposing themselves to greater potential for returns but also for losses.
  • What is a spread?
    A spread is the difference between the bid (sell) and ask (buy) price.
  • What is a swap?
    A swap fee is charged when you keep a position open overnight.
  • Can't login to my account, what should I do?
    First of all, make sure that you enter the correct login details and in case you don't remember your password, please use Forgot Password option. We are also recommending to use Google Chrome or Mozilla Firefox browsers for the most effective platform performance. If the issue persists, do not hesitate to contact our customer support.
  • After a deposit where can I see my deposited funds?
    If you can't see your deposit in the account info bar - refresh the browser. If the problem is still occurring, please contact our customer support.
  • How can I change the platform from light to dark?
    Click on the right bottom corner button on the trading platform next to the sun and moon icons.
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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