Terms of Use

Not advice, not an offer

Everything on Kalgoorlie Markets is educational material about trading gold (XAU/USD) as a CFD. It is not financial advice, not a recommendation to buy or sell, and not an offer to enter into any transaction. The desk does not know the reader's personal situation.

The desk does not act as a broker or a counterparty. No order is ever placed through this site, and no account is opened on this site. The reader's relationship is always with the broker they choose, never with Kalgoorlie Markets.

Risk of loss

CFDs on gold carry a high risk of loss. Leverage can amplify losses as well as gains. At the maximum leverage available in Australia of 1:200, a 0.10-lot gold position needs about A$85.50 margin, but a small adverse move in XAU/USD can wipe out that margin quickly.

Most retail CFD accounts lose money. The exact percentage varies by broker and period, but the desk does not state a specific figure because it is not in the broker's current documents. Readers should trade only with money they can afford to lose in full.

Figures are dated and must be verified

All figures on this site — spreads, swaps, margin, leverage caps — are taken from the broker's documents on a specific date. That date is recorded in each article. Conditions change, and the desk does not guarantee that any figure is still current.

Before funding an account, the reader must verify the current spread, swap, and margin with the broker. The desk is not responsible for losses caused by relying on an outdated figure. The reader's relationship is with the broker, and the broker's terms prevail.

What Kalgoorlie Markets Is and Is Not

Kalgoorlie Markets is an information website covering gold trading through FxPro’s platforms, not a licensed financial adviser or broker. The site publishes educational material about how XAU/USD trades work, what costs make up a gold position, and where Australian residents can open an account — but it never tells you to buy or sell. Any decision to trade gold is yours alone, made after you read the broker’s own legal documents. The content here describes mechanics, not a recommendation. If you need personalised advice about whether gold fits your situation, speak to a licensed Australian financial adviser who can consider your full financial position and goals under ASIC’s regulatory framework.

The site does not hold client money, execute orders, or provide a trading platform. When you open an account through a link here, you deal directly with FxPro UK Limited, the offshore entity that serves Australian residents. Kalgoorlie Markets has no authority to accept deposits, process withdrawals, or change your leverage. Any issue with execution, margin, or a swap on your XAU/USD position must be resolved with FxPro’s support team, not this website. Treat the pages here as background reading before you fund an account — the real relationship is between you and the broker, governed by the broker’s own client agreement.

The figures on this site are worked examples, not live quotes. A reference price near 4275.0 for gold is a snapshot to show how a 0.10-lot position at 1:200 leverage needs about $85.50 margin, but the actual price moves every second. Kalgoorlie Markets does not promise any outcome, profit, or level of risk. Gold can swing sharply on news, and a move of one pip ($0.01 per ounce) on a full 100-ounce lot changes your equity by $1.00 — but larger moves happen often. Read the risk warnings on FxPro’s site and the PDS-like disclosures before you risk any capital.

The Affiliate Relationship in Full

Kalgoorlie Markets earns money when a reader opens a FxPro account through links on this site. That is an affiliate relationship: if you click a link, sign up, and fund an account, FxPro may pay this website a fee. The fee does not come out of your deposit or spread; it is a marketing cost paid by the broker. The amount is not disclosed here because it varies by agreement and does not affect the price you pay to trade gold. This site links only to FxPro, not to other brokers, because that is the partnership in place. You are never charged extra for using our links, and the spread or swap you see on MT4 or cTrader is the same whether you came through this site or went directly to FxPro.

The affiliate relationship does not change the facts on this page. Kalgoorlie Markets describes the mechanics of gold trading — the 100-ounce lot size, the $0.01 pip value, the margin calculation at the maximum 1:200 leverage — without hiding costs. If FxPro’s spread widens during news, this site does not call it tight; it explains that the spread is variable and depends on liquidity. The same goes for swaps: the overnight charge on XAU/USD is set by the broker and changes with interest rates, not by anything written here. You should read the broker’s own cost disclosure before trading, because that is the only document that binds FxPro.

Because this site is paid by FxPro, you should treat its enthusiasm for the broker with caution. The editorial angle is the total cost of each trade — spreads, swaps, and what a move is really worth — but the choice of broker is not independent. Kalgoorlie Markets does not compare FxPro with other Australian-accessible brokers, and it does not claim FxPro is the cheapest. It simply explains what you need to know about gold trading on FxPro’s platforms. If you want a second opinion, check ASIC’s registers, read reviews from non-affiliated sources, and compare costs yourself before opening an account.

Limits of Liability in Plain Words

Kalgoorlie Markets is not liable for losses you incur trading gold, even if you followed a worked example from this site. The margin figure of about $85.50 for a 0.10-lot position at 1:200 leverage is a calculation, not a promise that your trade will profit or that your risk is capped at that amount. Gold can gap through your stop-loss, and a leveraged position can lose more than the margin you put up. By using this site, you accept that trading decisions are your own and that no statement here creates a duty of care beyond providing information. If you suffer a financial loss, you cannot claim it from the website owner.

The site does not guarantee that the information is current, complete, or free of errors. Prices, spreads, swaps, and margin requirements change constantly, and FxPro can alter its terms without telling this site. A reference price near 4275.0 may be stale by the time you read this. Kalgoorlie Markets updates pages when possible, but it is your job to check the live figures on FxPro’s platform before you trade. If a swap or a margin call is different from what you expected, the broker’s data is authoritative, not this website. You use the content here at your own risk, and the site disclaims liability for any inaccuracy.

Nothing on Kalgoorlie Markets creates a partnership, agency, or advisory relationship with you. The site is a publisher, not your broker or adviser. If you ask a question in a comment or email, any answer is general information, not personal advice. FxPro UK Limited is the entity responsible for executing your trades and holding your funds, and its own terms limit its liability in ways this site cannot change. If there is a dispute over a trade, a swap, or a withdrawal, you must follow FxPro’s complaints process, not seek redress from Kalgoorlie Markets.

The Law That Applies to These Terms

These terms are governed by the law of Western Australia, where Kalgoorlie Markets is based. If a dispute arises about the content on this site — not about your trading account — the courts of Western Australia have jurisdiction. That means any legal action you bring against the site owner must be filed in that state, not in another Australian state or overseas. The choice of law does not affect your rights under the Australian Consumer Law, which applies to misleading or deceptive conduct regardless of where a website is hosted. If you believe this site has breached the ACL, you can complain to the ACCC or your state fair trading body.

Your trading relationship with FxPro is governed by different law, because FxPro UK Limited is regulated by the FCA in the UK and CySEC in Cyprus. It does not hold an ASIC licence, so Australian residents deal with an offshore entity. That means the client agreement you sign with FxPro will specify UK or Cypriot law, not Australian law. Check this before funding, because it affects how complaints are handled and which ombudsman you can approach. Kalgoorlie Markets cannot change FxPro’s terms or offer you any protection under ASIC’s dispute resolution scheme.

The law that applies to these terms also covers how the site handles your data. Kalgoorlie Markets collects standard analytics and may use cookies, but it does not see your FxPro account details. Any personal information you provide to the broker is governed by FxPro’s privacy policy and the data protection law of its home jurisdiction, not by this site’s terms. If you have a privacy concern about the affiliate link tracking, contact the site owner using the details on the contact page. The site aims to comply with the Privacy Act 1988 (Cth) for any data it does collect.

How Changes to These Terms Are Published

Kalgoorlie Markets may update these terms at any time, and the latest version is always on this page. The date of the most recent change appears at the top of the terms, so you can see how old the current version is. Changes take effect as soon as they are published; there is no email alert or personal notification. If you keep using the site after an update, you are accepting the new terms. If you disagree with a change, your only option is to stop reading the site and clear any affiliate cookies from your browser.

Material changes — such as a new broker relationship or a change to the way the site earns money — will be explained in plain language on this page, not hidden in legal jargon. The site will not silently switch from FxPro to another broker without updating the terms and the relevant review pages. Minor edits, like fixing a typo or updating a worked example, may happen without a formal announcement. You should check this page every few months if you trade gold regularly, because the cost of a swap or the margin requirement can change with the broker’s own terms, which this site does not control.

Because the site is not a broker, changes to FxPro’s terms are not published here. If FxPro changes its spreads, swaps, or leverage caps, you will see that on FxPro’s own website or in the MT4/MT5 platform, not on Kalgoorlie Markets. This site may update its examples to match, but there is no guarantee it happens immediately. For the most current trading conditions, log into your FxPro account and check the contract specifications for XAU/USD. The terms on this page only govern your use of the information, not your trading account.

Information, Not Financial Advice

Kalgoorlie Markets is an information website about trading gold (XAU/USD), not a financial adviser, broker or investment service. It does not hold an AFSL and nothing on this site is a recommendation to buy or sell gold, to open an account with the broker named here, or to choose a particular leverage setting. The worked margin figure of about A$85.50 for a 0.10-lot position at 1:200 leverage is a mathematical example using a reference price of 4275.0, not a suggestion that you should trade that size or use that leverage.

The content describes how gold trading works, what costs can arise, and what one standard lot is worth in dollar terms — 100 ounces, where a move of 0.01 in the price equals A$1.00 per lot. These explanations are educational only. Your financial situation, goals and risk tolerance are not known to this site, so no statement here should be read as tailored advice. Before trading gold with any broker, including the one discussed, you should independently assess whether it suits your circumstances or consult a licensed professional.

Gold is a highly leveraged, fast-moving instrument. The reference price near 4275.0 means a single standard lot has a notional value of about A$427,500, which is far larger than the margin required. That is the whole point of leverage: it magnifies both gains and losses. Kalgoorlie Markets does not promise any outcome, does not predict gold prices, and does not imply that the information here is complete or error-free. You alone are responsible for verifying every figure, term and condition with the broker before you trade.