Terms of Use

Educational material, not advice

Everything on this site is educational material. It is not personal advice, not a recommendation, and not an offer to buy or sell any instrument. We do not know your circumstances, your capital or your tolerance for loss, and nothing here is written as if we did.

If you need advice tailored to you, speak to someone licensed to give it. This desk is not regulated by the CMA or any other authority, and it does not hold itself out as a licensed adviser.

The Law That Governs These Terms and Your Use of the Site

These terms are governed by the laws of Kenya, and any dispute about the site is subject to the jurisdiction of the Kenyan courts. That applies to how the site is published, the affiliate disclosure and the limits of liability described above. It does not mean the CMA of Kenya regulates FxPro: FxPro is licensed by the FCA (UK), CySEC and FSCA — not by the CMA of Kenya. Your trading account is governed by FxPro's own client agreement and the rules of its licensing regulators.

Because the site is informational, the law that applies to your use of it is Kenyan law on matters such as contract, tort and consumer protection. Where you access the site from outside Kenya, you remain responsible for complying with your local rules. The regulator caveat above is important for Kenyan readers: the CMA does not supervise FxPro, so any complaint about your account follows FxPro's complaints process and the oversight of its named regulators, not the CMA.

If any part of these terms is found unenforceable under Kenyan law, the remaining parts continue to apply. The governing law does not change the risk warnings elsewhere on the site, and it does not turn educational material into advice. Reading these terms does not create a client, advisory or fiduciary relationship between you and Nakuru Spread.

Affiliate links and your relationship with the broker

Some links on this site are affiliate links, and we may earn a referral fee if you open an account through them. That fee does not change what you pay the broker and does not change what we publish.

When you open an account, your relationship is with the broker, not with this desk. The terms you accept, the money you deposit and any dispute that follows are between you and that broker, and the applicable leverage is the cap that applies to the entity serving Kenya — a cap, not a setting to aim at.

What You Should Confirm With FxPro Before You Trade Gold

Before you trade XAU/USD, confirm the costs and conditions directly with FxPro, because this site does not state a spread, commission, swap or minimum deposit as a number. Those figures depend on the account type, the platform you use (MT4, MT5, cTrader or the FxPro app) and market conditions at the time. The margin example of about $85.50 for 0.10 lots at the applicable leverage cap is an illustration; the cap itself is the maximum available to the entity serving Kenya, not a setting to aim for.

Confirm how funding works for Kenyan clients, including whether M-Pesa is available for your account and what fees or limits apply. Check the withdrawal process and how long it takes. Because FxPro is licensed by the FCA (UK), CySEC and FSCA — not by the CMA of Kenya — ask which entity will hold your account and which regulator's complaints scheme applies to you. These details sit in FxPro's client agreement, not on this educational site.

Confirm the contract size and pip value for gold: 1 standard lot is 100 oz and one pip is 0.01, so a small price move can produce a large profit or loss relative to your margin. Confirm the leverage cap that applies to you and understand that it limits position size but does not limit loss. If any of these points is unclear after reading FxPro's documents, do not fund an account until you have asked FxPro directly.

Limits of Liability in Plain Words

Nakuru Spread is not liable for trading losses you incur with FxPro or any other broker. Markets move, leverage magnifies both gains and losses, and you can lose more than you deposit if a position moves against you. We do not control execution, spreads, swaps, platform uptime or withdrawal processing. If you have a dispute about an order, a charge or a withdrawal, raise it with FxPro directly through its official channels.

We aim to keep the site accurate, but we do not warrant that every figure or explanation is free from error or current at the moment you read it. Reference prices such as 4275.0 for XAU/USD, pip values and margin examples are illustrative and change with the market. You should verify any number that matters to a trade against the live platform before acting. We are not responsible for decisions you make based on outdated or misunderstood content.

To the extent permitted by law, our liability for any claim connected to this site is limited to the amount you paid to access it, which is zero because the content is free. Nothing in these terms excludes liability that cannot lawfully be excluded. This limitation applies to the full extent allowed under the law that governs these terms, described in the next section.

How Changes to These Terms Are Published

Changes to these terms are published on this page, with the revised wording replacing the old text. We do not send individual notices for every edit, so the current version on this page is the one that applies when you use the site. If a change affects the affiliate disclosure or the limits of liability, it will appear in the relevant section here rather than in a separate document. You should check this page if you want to confirm the current terms.

We may update the terms to reflect changes in how the site is funded, in the broker we cover, or in the facts we are able to state, such as the leverage cap that applies to the FxPro entity serving Kenya. When we update, we keep the structure of the page so you can find each topic in the same place. No change applies retrospectively to a dispute that arose before the revised wording was published.

If you continue to use the site after a change is published, you accept the revised terms. If you do not accept them, you should stop using the site. The absence of a date stamp on a particular paragraph does not mean it is unchanged; the version live on this page at the time you read it is the operative one.

The Full Affiliate Relationship Behind Nakuru Spread

Nakuru Spread earns money through affiliate links to FxPro. If you click a link from this site to FxPro and later open an account or trade, we may receive a payment from FxPro. That payment does not increase the spread, commission or swap you pay, and it does not change the price you see on MT4, MT5, cTrader or the FxPro app. The arrangement funds the site and keeps the educational content free to read.

The affiliate relationship does not give us access to your account, your trades or your personal data. We do not receive a share of your losses and we do not manage any money for you. We choose to write about FxPro because it is the broker covered on this site, and the entity serving Kenya is the FxPro entity for this country. Our commercial interest is in you clicking through, but we aim to describe costs and risks accurately so you can judge for yourself.

You are never obliged to use our links. If you prefer, you can go directly to FxPro or compare other brokers regulated for Kenya. Where we mention M-Pesa as a funding route, that reflects the familiar local method, not a paid placement. Any decision to fund an account is yours, and you should confirm the current deposit methods, fees and terms on FxPro's own site before sending money.

What Nakuru Spread Provides and What It Does Not Provide

Nakuru Spread is an information site about trading gold (XAU/USD) through FxPro, not a broker, fund manager or investment adviser. We publish explanations of mechanics such as pips, lot sizes, margin and platform features. We do not hold client money, execute orders, open accounts for you or tell you which trades to take. Every decision to buy or sell remains yours, and any order you place goes directly to FxPro, not to us.

The site does not provide personalised recommendations, portfolio management or signals. A worked figure we may cite, such as a 0.10-lot gold position requiring about $85.50 margin at the applicable leverage cap, is an illustration of how margin works, not a suggestion to trade that size. Whether a position suits you depends on your own financial position, experience and risk tolerance. If you need advice on whether trading gold is appropriate for you, speak to a licensed adviser.

All content is general and educational, prepared for readers in Kenya who want to understand how XAU/USD trading works before approaching a broker. Nothing on the site is a solicitation to open an account or a promise of any outcome. Trading gold carries a high risk of loss, and you should not rely on this site as a substitute for your own research or professional guidance.

Risk and dated figures

CFDs on gold carry a high risk of loss, and most retail accounts lose money. Gold can move sharply, leverage magnifies both gains and losses, and a position can be closed out at a loss larger than you planned for. Trade only with money you can afford to lose.

Figures on this site are dated and must be verified with the broker before you rely on them. A spread, a margin requirement or a funding condition can change after we read it, and the broker's own documents are the version that binds.