Terms of use

Educational material, not advice

The pages on this site are educational material only. They explain how gold (XAU/USD) trading works, how margin and costs are calculated, and how a broker is checked. They are not advice, not a recommendation and not an offer to buy or sell any instrument, and they are not tailored to any reader's circumstances.

A reader who needs personal advice should speak to a licensed adviser. The desk is not licensed and cannot act as one. Nothing on the site should be read as a suggestion that trading is suitable for a particular person, an account size or a financial goal.

What You Should Verify Before Acting on Anything Here

Before you trade gold CFDs, verify the broker's legal entity, its regulator and the leverage cap that applies to your account. FxPro states that it is licensed by the FCA (UK) and CySEC, and that an FxPro entity holds an FSCA licence in South Africa, so you should check which entity your own account is opened with. Leverage of up to 1:200 is available for retail clients, and up to 1:500 for eligible or professional clients depending on the instrument, but that is a cap, not a target, and your entity may apply different conditions.

Confirm the costs that apply to your account directly with the broker, because this site does not publish spreads, commissions, swaps or minimum deposits as numbers. What you pay depends on the instrument, the account type, market conditions and the entity holding your account, so the only reliable source is the broker's own fee schedule and contract specifications. For gold, remember that 1 standard lot is 100 oz and one pip is 0.01, and that the reference price of approximately 4275.0 is an example, not a live quote.

Check that any funding method you plan to use is available to you and understand how long it takes. Local cards and bank transfers in ZAR, and e-wallets, are the methods listed for South Africa, but availability can depend on your bank and on the broker's payment partners. Keep records of deposits and withdrawals, and never fund an account with money you cannot afford to lose. If a claim on this site seems to conflict with your broker's documents, treat the broker's documents as authoritative and seek independent advice if needed.

The risk of loss on gold CFDs

CFDs on gold carry a high risk of loss and most retail accounts lose money. Leverage, which can be up to 1:200 for retail and up to 1:500 for eligible or professional clients depending on the instrument, magnifies both gains and losses, and a position can move against a trader quickly. Leverage is a cap, not a setting to aim at.

A reader should assume that money placed at risk can be lost in full. Costs, including the spread quoted at the time, any commission and any overnight swap, reduce the return needed to break even. Nothing on this site guarantees a result, and no page should be read as a promise of profit.

The Law That Governs These Terms

These terms are governed by the laws of the Republic of South Africa, and disputes are subject to the jurisdiction of the South African courts. That applies to how the site is read, how liability is assessed and how any disagreement between you and Limpopo Options is handled. It does not mean that Limpopo Options is a licensed financial services provider; it is an information site, and the governing law clause simply fixes which legal system applies to the terms themselves.

Your relationship with a broker is governed by separate law and separate documents. FxPro notes that it is licensed by the FCA (UK) and CySEC, and that an FxPro entity holds an FSCA licence in South Africa, so the protections you receive depend on which entity your own account is opened with. The regulator caveat is to check that entity before funding. Limpopo Options cannot change those arrangements, and nothing on this site overrides a broker's client agreement, order execution policy or dispute resolution process.

If any part of these terms is found invalid or unenforceable under South African law, that part is severed and the rest remains in force. Headings are for convenience only and do not affect interpretation. References to rand amounts or to local funding methods such as local cards and bank transfers in ZAR, or e-wallets, describe what is available in the South African market and do not create an obligation on Limpopo Options to provide those services.

What Limpopo Options Provides and What It Does Not

Limpopo Options is an information and education site about trading gold (XAU/USD) CFDs; it is not a financial adviser, broker or intermediary. We do not open accounts, hold client money, execute orders or manage positions. Everything published here is general information for South African readers who want to understand how gold CFDs work, how margin and pip values are calculated, and what to check before funding an account with any broker. If you need a recommendation about whether gold CFDs suit your circumstances, speak to a licensed financial services provider who can assess your income, goals and tolerance for loss.

The site does not provide personalised advice, portfolio recommendations or signals. No article, calculator or example on Limpopo Options should be read as a suggestion to buy, sell or hold gold, or to use a particular broker. Any worked calculation, such as the margin needed for a 0.10-lot gold position at 1:200 leverage, is there to show the arithmetic, not to recommend a position size. Decisions about leverage, funding and risk are yours, and they depend on facts about your own finances that this site does not collect and cannot assess.

We do not guarantee outcomes, returns or the accuracy of third-party information. Gold prices move, broker terms change and regulatory requirements are updated, so figures shown on the site reflect the reference points we were given at the time of writing and may not match live conditions when you read them. Before you act, verify details such as leverage caps, funding methods and entity licensing directly with the broker and, where relevant, with the FSCA. If there is a conflict between this site and a broker's legal documents, the broker's documents govern your account.

How Changes to These Terms Are Published

Changes to these terms are published on this page, and the revised version takes effect when it is posted. We do not send individual notices for every edit, so readers who rely on the terms should check this page periodically. The date of the latest revision appears with the terms, and the current version replaces any earlier version. If a change is material, we aim to make it clear in the wording rather than hiding it in a general update, but the posted text is the operative version.

We may update the terms to reflect changes in the site's content, in affiliate relationships, in the brokers we describe or in the regulatory position in South Africa. Because broker details such as entity licensing and leverage caps can change, we may revise explanatory sections without changing the legal terms themselves. Any change applies from the moment it is published and does not apply retrospectively to disputes that arose before that date, unless the law requires otherwise.

If you do not agree with a revised version of the terms, you should stop using the site. Continuing to use Limpopo Options after a change is published means you accept the terms as they then stand. This approach keeps the site's legal position clear without requiring account registration, because Limpopo Options does not operate user accounts and does not collect the personal information that a registration process would require.

The Affiliate Relationship Behind Links on This Site

Limpopo Options earns money through affiliate links, which means we may receive a payment if a reader clicks through to a broker and later opens or funds an account. This does not change what you pay the broker; any cost you incur comes from the broker's own fee schedule, not from us. The relationship is disclosed because it can influence which brokers we write about and how prominently they appear. We aim to describe brokers, including FxPro, in factual terms and to keep educational content separate from commercial placement, but you should assume a commercial interest exists.

Affiliate payments do not buy favourable coverage, ratings or risk warnings. We do not publish invented spreads, bonuses or minimum deposits to make a broker look better, and we do not remove risk warnings from pages that carry affiliate links. Where we mention a broker's platforms, such as MT4, MT5, cTrader or FxPro Edge, or its South African funding options, those details are included because they are relevant to readers comparing how they would trade and fund an account, not because a payment was made for that specific sentence.

You are free to use the site without clicking any affiliate link. If you prefer, you can go directly to a broker's website and open an account there; the educational content on Limpopo Options remains available either way. Before opening an account, read the broker's own terms, fee schedule and risk disclosure, and check which legal entity would hold your account, because the entity determines the regulator and the protections that apply to you in South Africa.

Dated figures and affiliate links

Figures on this site are dated and must be verified with the broker before they are relied on. A cost schedule, a leverage cap or an entity detail can change after the date a page was checked, and the broker's own documents are the authoritative source. Where a figure is used, the date it was read is shown so a reader can judge how current it is.

Some links to brokers are affiliate links, which means the desk may be paid a referral fee if a reader opens an account. That payment does not change the price a reader pays. The reader's relationship is with the broker, not with this desk, and any account, funding or dispute matter is handled by the broker under its own terms and its own regulator.

Limits of Liability in Plain Words

Limpopo Options is not liable for trading losses, missed opportunities or decisions you make after reading the site. Gold CFDs are high-risk products, and losses can exceed the amount you initially put in if you trade without a guaranteed stop. We provide information, not a duty of care over your account, and we cannot control market moves, platform outages, broker actions or how much leverage you choose to use. To the extent the law allows, our liability for any claim connected to the site is limited to the amount you paid us to use it, which is nothing.

We do not warrant that the site will be uninterrupted, error-free or free of inaccuracies. Calculations and examples are provided for illustration, and while we try to keep them consistent with the facts we were given, we do not promise that every figure matches your broker's live contract specifications. If a page states that a 0.10-lot gold position needs about $85.50 margin at 1:200 leverage, that is a worked example, not a guarantee that your own margin requirement will be identical, because brokers apply their own margin rules and may change them.

Nothing on the site excludes liability that cannot lawfully be excluded, including liability for fraud or for death or personal injury caused by negligence. Where a court or regulator finds that a limitation is unfair or unenforceable under South African law, the remaining limitations continue to apply. This section is intended to be read together with the rest of the terms, not as a standalone contract, and it does not create rights for anyone other than you and Limpopo Options.