Terms of use
This site is educational material only; it is not advice and not an offer to buy or sell anything.
Educational material, not advice
Everything on this site is educational material, not advice and not an offer to buy or sell any instrument. We describe how gold (XAU/USD) contracts work, how margin is calculated and what a broker's documents say, and we stop there. We do not know your circumstances, and we cannot tell you what to do with your money.
Reading a page here does not create any advisory relationship with the desk. If you need personal advice, speak to someone licensed to give it, and confirm their status with the SEC Nigeria register of capital market operators. The desk is not licensed and does not hold itself out as licensed.
Risk of loss with gold CFDs
CFDs on gold carry a high risk of loss and most retail accounts lose money; that is the nature of leveraged products, not a warning we add for form. Leverage is a cap, not a setting to aim at, and a position sized close to the cap can be closed out quickly by a modest move in the price. One standard lot is 100 oz of gold and one pip is 0.01, so the naira value of a move adds up faster than many new traders expect.
Nothing on this site is a guarantee of any outcome, and no page should be read as saying a strategy works. Past prices do not predict future ones, and a broker's platform features do not change the risk of the instrument. Trade only with money you can afford to lose, and treat every figure on this site as something to check rather than something to rely on.
Enugu Copy Is an Information Service, Not a Broker or an Adviser
Enugu Copy is an independent information service about trading gold (XAU/USD), and it does not hold your money, execute your orders or manage positions on your behalf. Everything published here is general educational material about how the instrument works, how margin and pip values are calculated, and what a Nigerian trader should check before funding an account. It is not a personal recommendation, and it is not a substitute for advice from someone who knows your income, debts and goals. If you need that kind of advice, speak to a licensed professional rather than acting on a page you read here.
Enugu Copy does not know your financial position, so nothing on the site can be tailored to it. The pages describe mechanics that apply to anyone trading gold CFDs, such as the fact that one standard lot is 100 oz and one pip is 0.01, and they explain how a position size translates into margin at a given leverage cap. That is arithmetic and explanation, not a signal to buy or sell. A worked example on the site shows a 0.10-lot gold position needing about $85.50 margin at 1:200 through an offshore entity; it exists to show the formula, not to suggest that size suits you.
Enugu Copy is also not a regulator, an ombudsman or a dispute-resolution body, and it cannot recover money for you. If a broker refuses a withdrawal or you believe you were misled, the route is the broker's own complaints process and then the relevant authority. For Nigerian readers, the practical check is the SEC Nigeria register of capital market operators, where you can confirm whether an entity appears. Enugu Copy can explain what that check involves but cannot make it for you, cannot vouch for any firm, and cannot act on your behalf in a complaint or a legal claim.
The Affiliate Relationship, Stated in Full
Enugu Copy earns money through affiliate links, which means some links to a broker on this site carry a referral code and the site may be paid if you click through and open or fund an account. That payment comes from the broker, not from you, and it does not change the price you pay or the spread you are quoted. The arrangement is disclosed here in full because it creates an obvious conflict of interest: a site paid on referrals has a reason to send you to the firm that pays, and you should weigh the pages on this site with that in mind rather than treating them as neutral consumer reporting.
The affiliate relationship does not buy influence over what the pages say about risk, margin or regulation. Enugu Copy still states plainly that gold CFDs are high-risk, that leverage is a cap and not a target, and that FxPro is licensed by the FCA (UK), CySEC and FSCA while the entity serving Nigeria is FxPro Markets Direct Costa Rica Latam SRL. Where the facts are unclear, the site says so: the leverage available to Nigerian clients is reported as up to 1:200 via the offshore entity, with one review citing 1:30 or 1:20 caps, and that conflict is left visible rather than smoothed over in the broker's favour.
You are never obliged to use a link on this site, and using one costs you nothing extra. If you prefer, open the broker's site directly in your browser and register there; the terms you get will be the same. Enugu Copy does not receive your account details, your deposits or your trading data, and it has no access to your funds at any point. Any naira funding you arrange, whether by local bank transfer, Visa or Mastercard debit card, e-payment or crypto, happens between you and the broker under the broker's own client agreement, and that agreement is the one that governs your money.
Limits of Liability in Plain Words
Enugu Copy provides its pages as they are, and it does not promise that every figure, description or link is current, complete or free of error. Markets move and broker terms change, so a number that was accurate when a page was written may no longer match what you see on a platform or in a client agreement. You are responsible for confirming anything that matters to you before you act on it, including the margin requirement your own broker applies, the leverage your account is actually set to, and the funding method available to you in Nigeria. If a page here and your broker's own documentation disagree, the broker's documentation governs.
To the extent the law allows, Enugu Copy is not liable for trading losses, missed opportunities or decisions you take after reading the site. That includes losses from gold price movement, from leverage you chose to use, from a broker's execution, from a platform outage, or from a funding or withdrawal problem with any firm. The site cannot control any of those things. It also does not guarantee that any example, such as the 0.10-lot position requiring about $85.50 margin at 1:200, reflects the margin your account will show, because the requirement depends on your broker's own terms and on the price of gold at the time.
Enugu Copy is not liable for interruptions to the site or for the content of sites it links to. Third-party pages, including a broker's platform guides and legal documents, are outside its control and may change without notice. Nothing in these terms excludes or limits any liability that cannot lawfully be excluded, and nothing here is intended to override rights you have under Nigerian law. If any part of this limitation is found unenforceable, the rest of the terms continue to apply, and the remaining limits are read as narrowly as needed to stay valid.
How Changes to These Terms Are Published
Changes to these terms are published on this page, and the revised version replaces the previous one when it goes live. There is no separate email notice and no account to log into, so the page itself is the record. That means the version you can read today is the version that applies, and older wording you may have saved or quoted no longer governs. If a change matters to how you use the site, it appears in the relevant section rather than in a changelog, so read the section that covers your question rather than assuming earlier wording still holds.
Corrections to facts are handled the same way. If a figure on the site turns out to need revision, the page is edited and the corrected wording stands in place of the old. This matters for items that are genuinely unsettled, such as the leverage available to Nigerian clients: the site reports up to 1:200 via the offshore entity alongside the conflicting 1:30 or 1:20 caps cited in one review, and if that position changes, the page is rewritten rather than left as it was. Undated pages are not a promise that nothing has moved, so treat any specific figure as something to check.
No change to these terms affects a trade you have already placed or a client agreement you have already signed with a broker. Those are governed by the documents in force when you accepted them, and Enugu Copy cannot rewrite them by editing a page. Equally, no update here can create a right against the site that did not exist before, and no revision removes a right Nigerian law gives you. If you need to rely on a specific statement, read the current page and, where money is involved, confirm the point with the broker directly before you act.
The Law That Applies to These Terms
These terms are governed by the laws of the Federal Republic of Nigeria, and any dispute about the site or its content is subject to the jurisdiction of the Nigerian courts. That applies to how the pages are read, how the disclaimers are interpreted, and how any claim against Enugu Copy would be brought. Choosing Nigerian law keeps the position predictable for the audience the site is written for. It does not mean Enugu Copy is regulated by the SEC Nigeria or any other Nigerian authority, and it does not make the site a licensed capital market operator.
The law governing these terms is separate from the law governing your trading account. Your account is with FxPro, and the entity serving Nigeria is FxPro Markets Direct Costa Rica Latam SRL, so the client agreement you sign with that firm sets out which law and which courts apply to your deposits, orders and withdrawals. That agreement, not this page, decides how a dispute over a trade or a withdrawal is handled. Enugu Copy is licensed by nobody in that relationship and cannot alter the terms you accept when you register, so read the broker's own documents before funding anything.
Where Nigerian law gives you a right that cannot be waived, these terms do not remove it. Consumer protection rules and any mandatory local provisions apply regardless of what a disclaimer says, and if a clause here conflicts with such a rule, the rule prevails for that clause only. The rest of the terms remain in force. The site does not ask you to agree to arbitration in another country, and it does not require you to give up the ability to complain to a Nigerian authority about conduct that falls within that authority's remit, subject to whatever limits the law itself sets.
What These Terms Do Not Cover and Where to Take a Problem
These terms cover the Enugu Copy website only, and they say nothing about the contract between you and a broker. Opening an account, funding it by local naira bank transfer, Visa or Mastercard debit card, e-payment or crypto, placing a gold order and withdrawing are all governed by the firm's client agreement and its own risk disclosures. Enugu Copy is not a party to that contract and cannot vary it, enforce it or interpret it for you. If your question is about a specific order, a margin call, a swap charge or a withdrawal delay, the answer sits with the broker, not with this site.
If you have a complaint about a broker, start with the firm's internal complaints procedure and keep the reference it gives you. If that does not resolve the matter, the next step depends on which entity holds your account and which regulator supervises it; FxPro is licensed by the FCA (UK), CySEC and FSCA, and for Nigerian readers the practical check is whether the firm appears on the SEC Nigeria register of capital market operators. Enugu Copy can explain that route but cannot file a complaint for you, cannot escalate it, and cannot recover funds on your behalf.
If your concern is about something published on this site, raise it with Enugu Copy directly and describe the page and the statement you believe is wrong. Corrections that are supported by the underlying facts are made on the page. Bear in mind what the site can and cannot fix: it can correct its own wording, but it cannot change a broker's spread, leverage setting, execution or withdrawal process, and it cannot give you a personal recommendation about whether to trade gold at all. For decisions about your own money, use a licensed professional who can see your full position.
Dated figures and affiliate links
Figures on this site are dated and must be verified with the broker before you act on them, because a broker's terms change and a number read months ago may no longer hold. The reference price of about 4275.0 is a reference point for examples, not a live quote. The leverage position is a clear case: up to 1:200 via the offshore entity is stated, but one review cited 1:30/1:20 caps, conflicting and not verified at the time of the check, so confirm the cap on your own account documents.
Some links on this site are affiliate links, which means the desk may be paid if you open an account through them. That payment does not change the price you pay and does not buy a rating, but it does mean the reader's relationship is with the broker, not with this desk. Your account, your funds and your dispute are between you and the broker; the desk is not a party to them.