Can't find your question? Try the glossary or contact us. We answer general questions about how markets work; we cannot give personal financial advice or help with an account at any provider.
Frequently asked questions
What is the difference between trading and investing?
Investing usually means holding diversified assets for years; trading means trying to profit from shorter-term price moves, often with leverage. Trading involves more costs, more decisions and more risk.
How much money do I need to start?
Some providers accept very small deposits. The better question is how much you could lose without it affecting your life. Start with that amount or less, and consider practising on a demo account first.
Is forex trading gambling?
It does not have to be, but leveraged short-term trading without a plan, risk limits or understanding can behave very much like gambling. Most retail accounts trading leveraged CFDs lose money.
What is a pip?
The standard unit of price movement in forex: 0.0001 for most pairs and 0.01 for pairs involving the Japanese yen. Our pip calculator shows what a pip is worth on your position.
What does leverage do?
It lets you control a position larger than your deposit. It does not change what a pip is worth, but it makes losses larger relative to your account.
Can I lose more than I deposit?
In the UK, EU and Australia, retail forex and CFD clients have negative balance protection. In other countries, and with some products, losses can exceed your deposit.
Is gold a safe investment?
Gold is often seen as a store of value during crises, but its price can still fall significantly for long periods. Trading it with leverage adds further risk.
What is the safest way to buy crypto?
Use an exchange that is registered or licensed where you live, secure your account with two-factor authentication, and consider moving long-term holdings to a wallet you control. Never share your recovery phrase.
Do I pay tax on trading profits?
In most countries, yes. Rules differ widely for forex, shares, CFDs and crypto. Check your tax authority's guidance or speak to a tax adviser.
How do I know if a broker is legitimate?
Search its name on your regulator's official register, check that the contact details match, and look for warning signs such as guaranteed returns or fees to withdraw.
Can I trade on VividPip?
No. VividPip is an educational website. We do not offer accounts, trading or any financial services, and we never ask anyone for money.
Do you recommend brokers or coins?
No. We explain how things work and how to check providers yourself. We do not recommend or endorse specific firms or investments.