Terms

Terms of Use

This site is educational material only, it is not advice and not an offer, and gold CFDs carry a high risk of loss.

Educational material, not advice and not an offer

Everything on this site is educational material about how gold (XAU/USD) trading works. It is not advice, not a recommendation and not an offer to buy or sell any instrument. Reading a page here does not create an advisory relationship, and the desk is not a broker, bank or licensed adviser.

The instrument is described as it is quoted: 1 standard lot is 100 oz and one pip is 0.01. Any margin example, such as a 0.10-lot position needing about $85.50 at 1:200 via the offshore entity, is an illustration of the arithmetic, not a suggestion to take that position. Leverage is a cap, not a setting to aim at.

Risk of loss and dated figures

CFDs on gold carry a high risk of loss and most retail accounts lose money. You can lose more than you expect, quickly, especially with leverage, and past performance of a price or a strategy says nothing about what happens next. Nothing on this site is a guarantee of any outcome, and no page should be read as one.

Figures are dated when they are read and must be verified with the broker before you rely on them. Leverage caps, funding methods and the entity that serves Nigeria can change, and the broker's own documents are the authority. Where a figure is marked as unverified or conflicting, treat it as a prompt to check, not as a settled number.

Limits of Liability in Plain Words

Ilesha Ingot is not liable for any trading losses you incur. Gold trading with leverage can move quickly against you, and the site does not control market prices, platform execution, or your decisions. If you lose money after reading content here, the loss is yours. The site provides information on a best-efforts basis and does not warrant that any figure, including the reference price of approximately 4275.0 or the worked margin example of about $85.50 for a 0.10-lot position at 1:200, reflects live market conditions when you trade.

Ilesha Ingot is not responsible for errors, omissions, or delays in content. Financial information changes, and the site may not update every page immediately. It does not guarantee that explanations of pips, lots, or margin are free from mistake or suitable for your situation. To the fullest extent permitted by law, the site excludes liability for direct, indirect, incidental, or consequential loss arising from use of the site, including loss from reliance on any statement about leverage, funding methods, or regulation.

Ilesha Ingot is not liable for the acts or omissions of FxPro or any third party. The site does not control FxPro's platforms, execution, withdrawals, or compliance with Nigerian or foreign rules. If FxPro changes its terms, restricts your account, or becomes insolvent, your remedy lies with FxPro and any applicable regulator, not with Ilesha Ingot. The site also does not accept liability for interruptions to its own availability or for links that stop working.

Affiliate links and your relationship with the broker

Some links on this site are affiliate links, which means the desk may receive a payment if you open an account with a broker after following one. That payment does not change the checks a broker goes through or the weaknesses written on the page. The disclosure is there so you know how the site is funded.

Your relationship is with the broker, not with this desk. The account, the money, the execution and the withdrawal are all between you and the firm you register with, under its terms and its regulator. The regulator fact you can rely on is this: FxPro is licensed by the FCA (UK), CySEC and FSCA; confirm any broker on the SEC Nigeria register of capital market operators.

What You Agree to When You Use Ilesha Ingot

By using Ilesha Ingot, you agree that you are responsible for your own trading decisions. The site provides educational content about gold (XAU/USD), including that one standard lot equals 100 oz and one pip equals 0.01, but it does not tell you when to trade or how much to risk. You agree not to treat any example, such as the margin figure of about $85.50 for a 0.10-lot position at 1:200, as a personal recommendation. You also agree to verify any broker, including FxPro, on the SEC Nigeria register of capital market operators before funding.

You agree to use the site lawfully and not to rely on it as a substitute for regulated advice. The site does not provide legal, tax, or accounting advice, and you are responsible for understanding how trading gold affects your tax position in Nigeria. You agree that any funding method you choose, whether naira bank transfer, Visa or Mastercard debit card, e-payment, or crypto, is subject to the provider's terms and your own due diligence. The site does not endorse any funding method as suitable for you.

You agree that the site may use affiliate links and that Ilesha Ingot may earn a commission if you open an FxPro account through them, as disclosed above. You agree that the site's liability is limited as described in these terms and that Nigerian law governs these terms. You agree that changes are published on this page and that continued use after a change means acceptance. If you do not agree with any part of these terms, you should not use the site.

The Full Affiliate Relationship Behind Ilesha Ingot

Ilesha Ingot earns money through affiliate links to FxPro. When you click a link on this site and open an account with FxPro, the site may receive a commission from FxPro. This commission comes at no additional cost to you and does not change the price you pay or the terms FxPro offers. The link does not influence the factual content, the risk warnings, or the educational explanations on this site. The site does not receive commissions from any other broker mentioned.

The affiliate relationship means Ilesha Ingot has a financial interest in you choosing FxPro. That interest is disclosed here in full so you can weigh it. The site does not rank brokers, publish star ratings, or claim that FxPro is better than any other broker. It does not state spreads, commissions, swaps, or minimum deposits as numbers because those depend on the account type, entity, and market conditions. You should compare FxPro with other options and confirm any broker on the SEC Nigeria register of capital market operators before funding an account.

The affiliate link does not make Ilesha Ingot an agent of FxPro. The site cannot open accounts, approve applications, process deposits or withdrawals, or resolve disputes. All account opening, funding via naira bank transfer, Visa or Mastercard debit cards, e-payments, or crypto, and trading takes place on FxPro's platforms under FxPro's terms. The entity that serves Nigeria is FxPro Markets Direct Costa Rica Latam SRL. Any issue with your account must be raised with FxPro directly, not with Ilesha Ingot.

What Ilesha Ingot Provides and What It Does Not

Ilesha Ingot is an information resource about trading gold (XAU/USD) for readers in Nigeria. It explains how the instrument works, what a lot and a pip mean, how margin is calculated, and how local funding methods such as naira bank transfers and Visa or Mastercard debit cards are used. The site does not execute trades, hold client money, or manage accounts. Every figure, including the reference price of approximately 4275.0 and the worked margin example, is illustrative and for education only. Nothing here is a recommendation to buy or sell gold or any other instrument.

Ilesha Ingot is not a broker, dealer, investment adviser, or portfolio manager. It does not provide personalised advice, signal services, or trade execution. Any decision to trade gold is yours alone and should be based on your own research and circumstances. The site does not know your financial position, risk tolerance, or goals, so no content should be read as a suggestion that a particular trade, leverage level, or funding method suits you. If you need regulated advice, consult a professional authorised by the SEC Nigeria or another appropriate body.

Ilesha Ingot does not guarantee outcomes and does not promise profits. Trading gold with leverage carries a high risk of loss and can result in losing more than you deposit. The site may discuss leverage of up to 1:200 via an offshore entity, but that is a cap, not a target or a recommendation. It may also reference conflicting review claims of 1:30 or 1:20 caps, which are unverified. You should treat all such figures as educational context, not as an invitation to trade at any particular level.

The Law That Applies to These Terms

These terms are governed by the laws of the Federal Republic of Nigeria. Any dispute arising from your use of Ilesha Ingot that is not resolved informally will be subject to the jurisdiction of the Nigerian courts. This choice of law applies to the site's content and these terms, not to your trading account with FxPro, which is governed by FxPro's own agreements and the law stated in those agreements. The site does not submit to the law of any other country for these terms.

Nothing in these terms removes rights you have under mandatory Nigerian consumer protection law. If a provision of these terms conflicts with a mandatory rule that applies to you in Nigeria, that rule prevails to the extent of the conflict. The site does not intend to exclude liability for fraud or for any other liability that cannot lawfully be excluded. You should read these terms alongside the SEC Nigeria framework for capital market operators, which is the local authority for investments in Nigeria.

The law that applies to FxPro's services to you may differ from Nigerian law. FxPro Markets Direct Costa Rica Latam SRL serves Nigeria, and FxPro is licensed by the FCA (UK), CySEC, and FSCA. Those licences do not mean FxPro is licensed by SEC Nigeria. You should confirm any broker on the SEC Nigeria register of capital market operators before funding. Any dispute about your FxPro account is governed by FxPro's terms and the law they specify, not by these site terms.

How Changes to These Terms Are Published

Changes to these terms are published on this page with a revised effective date. The site does not send individual notices for every change, so you should check this page periodically. When a change affects how the affiliate relationship is described or how liability is limited, the revised text will appear here in full. The site does not backdate changes or apply them retroactively to conduct that already occurred. Continued use of the site after a change is published means you accept the revised terms.

The site may change these terms to reflect new content, new affiliate arrangements, or legal requirements. It does not promise advance notice of changes and does not commit to a fixed review schedule. If a change is material, the site will make that clear in the revised wording rather than hiding it in unrelated text. The current version on this page always supersedes earlier versions. You should not rely on a cached or printed copy as the current terms.

Changes are published in English, the language of this site for readers in Nigeria. The site does not publish translations of these terms as official versions. If any change is unclear, you should stop using the site until you understand it. The site does not accept comments on draft terms or operate a consultation process. The effective date at the top of this page is the only date that tells you when the current terms took effect.

FAQ

Common questions

What exactly is Ilesha Ingot?

It is an editorial site about gold (XAU/USD) written for readers in Nigeria. It is not a broker, dealer, fund manager or investment adviser, and it does not execute orders or hold client money. Everything here is explanation and arithmetic, not a personal recommendation to trade.

Is trading gold on leverage risky?

Yes, and losses can exceed what you expect. Leverage is a cap, not a target: at 1:200 a 0.10-lot gold position needs about $85.50 margin, but a small adverse move in a 100 oz contract can wipe out far more than that margin. Never fund an account with money you cannot lose.

Does using your calculators guarantee a result?

No. The position size, pip value, margin, profit and pivot point calculators are arithmetic tools; they do not forecast price or protect a position. Their output depends on the inputs you type and the price at execution, which can differ from the reference price of about 4275.0 used in examples.

Who is responsible if I lose money after reading this site?

You are. The desk provides information, not advice, and accepts no liability for trading decisions taken after reading it. Your relationship is with the broker you fund, on that broker's terms. Check the firm's licence and confirm any broker on the SEC Nigeria register of capital market operators before you deposit.

Can the terms change without notice?

Yes. The terms and the articles they cover can be updated as facts change or errors are corrected. The version on this page is the one that applies. If a change affects a risk warning or a cost description, the corrections page records it so you can see what moved.