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FxPro

Gold in the terminal

Finding XAU/USD in the terminal and sizing the first order with our calculators.

New orderSymbolXAU/USDOrder typeMarket executionVolume0.10 lotStop losswhere the idea is wrongTake profitoptionalCommentoptionalSELLBUYMargin is locked the moment this is sent, before the trade hasdone anything.
The ticket that places the trade. Every field named.

Finding the instrument

gold trades as XAU/USD in the terminal, under metals or commodities depending on the platform. If it is not in the Market Watch list, show all symbols rather than assuming the account cannot trade it.

Recorded platforms for this broker: MT4, MT5, cTrader, FxPro Edge..

Size the order before you place it

One standard lot is 100 oz. Decide the money you are willing to lose, then let the position-size calculator pick the lot — never size by the margin you happen to have.

Maximum leverage recorded for Nigeria: Up to 1:200 via offshore entity; one review cited 1:30/1:20 caps — conflicting, not verified at review. Check what the position will lock with the margin calculator.

An order ticket, field by field. Three of them decide the risk before you click.An order ticket, field by field. Three of them decide the risk before you click.1Find the symbolXAU/USD, under metals or commodities.2Size with the calculatorRisk and stop distance give the lot.3Enter stop and target togetherThe terminal accepts an order without them. Your plan should not.
An order ticket, field by field. Three of them decide the risk before you click.

Set the exit with the entry

A stop and a target go in with the order, not after the price moves. The terminal will accept an order without them; your plan should not.

Convert the distance into money first with the pip-value calculator, so the stop is a decision about risk and not about chart space.

checked 2026-07-09 · fxscouts.ng/broker/fxpro; forextrading.ng/best-forex-brokers; fxpro.com/about/licences

Ready to size the trade

Run the numbers, then trade XAU/USD

FxPro gives Nigerian traders MT4, MT5, cTrader and FxPro Edge for gold, funded by local bank transfer, card, e-payment or crypto. Confirm the entity serving you and check any broker on the SEC Nigeria register before you send money.

Trade gold with FxPro →
FAQ

Common questions

Where do I find XAU/USD in MT4 or MT5?

Open Market Watch, right-click, choose Symbols, and look under the metals or gold group for XAU/USD, then drag it into your chart window. If it is not listed, refresh the symbol tree. Once it is visible, set the chart to your preferred timeframe before placing any order, so you are reading the actual instrument and not a similarly named symbol.

What is a pip worth on gold, and how does that change my naira risk?

One pip on XAU/USD is 0.01, and one standard lot is 100 oz, so a 0.01 move is $1 per lot. Your naira exposure therefore depends on lot size and the dollar-to-naira rate at the time. Use our pip value and profit calculators to convert a planned stop distance into naira before you click buy or sell.

How much margin does a first 0.10-lot gold order need at 1:200?

At 1:200, a 0.10-lot XAU/USD position needs about $85.50 margin. At the reference price of roughly 4275.0, that 0.10 lot represents 10 oz of gold, so the notional value is far larger than the margin. Margin is not your risk; your risk is the distance to your stop, which the margin calculator does not measure.

Why does my gold order get rejected even though my balance looks sufficient?

The most common cause is free margin, not balance. Open positions hold margin, so your available margin can be lower than the number on the account summary. Check free margin, confirm the lot size is valid for the symbol, and remember leverage is a cap: up to 1:200 is available in Nigeria via the offshore entity, though one review cited 1:30 and 1:20 caps, which is conflicting and was not verified.

What should I set before placing my very first XAU/USD order?

Set the lot size, a stop loss, and a take profit before you send the order, not after. Decide the stop distance in pips, convert it to naira with our pip value calculator, and confirm the margin with our margin calculator. Gold moves in wide ranges, so a position sized on margin alone will not survive a normal swing.