Terms of use

Educational material only

The pages on this site explain how gold (XAU/USD) trading works, including contract size, pip value and margin, and nothing more. They are not advice, not a recommendation and not an offer to buy or sell any instrument.

A worked figure such as a 0.10-lot gold position needing about $85.50 at the applicable cap is an illustration of the arithmetic, not a suggestion that the position suits you. Whether any trade suits you depends on your own circumstances, which the desk does not know.

Dated figures and affiliate links

Figures on this site are dated and must be verified with the broker before you rely on them. A reference price of about 4275.0 for gold (XAU/USD) is a reading at a point in time, not a live quote, and a broker's own documents are the authority on its costs and terms.

Some links on this site are affiliate links, which means the desk may be paid a referral fee. Your relationship is with the broker, not with Accra Station, and any dispute about an account, a deposit or a withdrawal is between you and that broker.

How Changes to These Terms Are Published and When They Take Effect

We may update these terms from time to time. When we do, we will publish the revised terms on this page and change the “last updated” date at the top. The revised terms take effect when they are published, unless we state otherwise. We do not send individual notices for every change, so you should review this page periodically. Your continued use of the site after a change means you accept the updated terms.

We will not apply changes retroactively to affect rights or obligations that arose before the change. If a change is material, we will make that clear in the revised text, but we are not required to highlight every edit. The current version of the terms is always the one displayed on this page. If you do not agree with a change, you should stop using the site. Any dispute about which version applies will be resolved by reference to the date of the conduct in question.

Changes to these terms do not alter the terms of any agreement you have with a broker. Broker terms, funding arrangements through MTN Mobile Money, and account rules are set by the broker and may change separately. You should check the broker’s website for its current terms. The regulator caveat remains that FxPro is licensed by the FCA (UK), CySEC and FSCA; confirm any broker on the SEC Ghana licensed operators list. We are not responsible for notifying you of broker changes.

What Accra Station Is and Is Not: Information, Not Advice

Accra Station is an information service that publishes educational material about trading gold (XAU/USD) and other instruments. It is not a broker, dealer, investment adviser, or portfolio manager. We do not execute orders, hold client funds, or manage accounts. Every figure, example, and explanation on this site is for learning only and must not be treated as a recommendation to buy or sell any instrument. You alone decide whether to trade and at what size, and you alone bear the outcome.

The site does not provide personalised advice because we do not know your financial situation, goals, or risk tolerance. Any example using a reference price of 4275.0 or a margin figure of about $85.50 for a 0.10-lot gold position is illustrative and based on stated assumptions, not on your account. We do not tell you which direction to trade, when to enter or exit, or how much leverage to use. The leverage cap available to you is a maximum, not a target, and you should treat it as a limit to work well below.

Accra Station does not accept deposits, process withdrawals, or provide a trading platform. Funding through MTN Mobile Money happens directly with your chosen broker, not with us. We do not hold or transmit client money in any form. If you see a request to send funds to Accra Station, it is not from us. All trading activity, account opening, and verification occur with the broker you select, and that broker’s terms and regulator determine the protections that apply to you.

Risk of loss

CFDs on gold carry a high risk of loss and most retail accounts lose money. Leverage is a cap that applies to the entity serving Ghana, not a setting to aim at, and a position can lose more quickly than the margin figure suggests.

No page on this site promises a result, a return or a recovery of losses. If a claim you read elsewhere sounds like a guarantee, treat it as a warning rather than an opportunity.

The Law That Applies to These Terms and How Disputes Are Handled

These terms are governed by the laws of Ghana. Any dispute arising from your use of Accra Station or these terms will be subject to the exclusive jurisdiction of the courts of Ghana. This choice of law applies regardless of where you access the site from. If you are accessing the site from outside Ghana, you are responsible for complying with your local laws, and we make no representation that the content is appropriate or available in every location.

The governing law affects how these terms are interpreted and enforced. It does not change the regulatory status of any broker you choose. Broker services are governed by the broker’s own terms and the rules of its regulator. For example, FxPro is licensed by the FCA (UK), CySEC and FSCA, and you should confirm any broker on the SEC Ghana licensed operators list. Disputes about trading accounts, deposits, or withdrawals are between you and the broker, under the broker’s terms and the applicable regulatory framework.

If any provision of these terms is found to be invalid or unenforceable under Ghanaian law, that provision will be limited or removed to the minimum extent necessary, and the rest of the terms will remain in full force. Our failure to enforce any right or provision is not a waiver of that right. These terms, together with any other legal notices published on the site, constitute the entire agreement between you and Accra Station regarding use of the site.

Limits of Liability in Plain Words: What You Can and Cannot Hold Us Responsible For

Accra Station provides information on an “as is” and “as available” basis. To the fullest extent permitted by law, we are not liable for any trading losses, lost profits, or other damages you incur from using this site or relying on its content. Trading gold (XAU/USD) with leverage carries a high risk of loss, and you accept that risk entirely. We do not guarantee that any information is complete, accurate, or current, and we are not responsible for errors or omissions.

We are not liable for the actions or failures of any broker, payment provider, or platform. If you fund an account via MTN Mobile Money and the broker delays or mishandles your deposit, your claim is with the broker, not with us. The regulator caveat for Ghana is that FxPro is licensed by the FCA (UK), CySEC and FSCA; confirm any broker on the SEC Ghana licensed operators list. We do not supervise brokers and cannot resolve disputes between you and them.

Our liability is limited to the maximum extent allowed by the law that applies to these terms. Nothing in these terms excludes or limits liability that cannot be excluded or limited under that law, such as liability for fraud or for death or personal injury caused by negligence. Where any limitation is found unenforceable, the remaining limitations will still apply. You agree to indemnify Accra Station against claims arising from your misuse of the site or your breach of these terms.

The Affiliate Relationship in Full: How We Are Paid and What It Means for You

Accra Station earns money through affiliate links. When you click a link to a broker such as FxPro and later open an account or meet that broker’s qualifying conditions, we may receive a commission from the broker. This payment comes from the broker, not from you, and it does not increase the spread, commission, or fees you pay. The commission is typically a share of the revenue the broker earns from your trading activity, but the exact arrangement varies by broker and is governed by our agreement with them.

Affiliate compensation creates a conflict of interest because we may benefit when you choose one broker over another. We manage this by applying the same editorial standards to every broker we mention, whether or not we are paid. We do not rank brokers by how much they pay us, and we do not hide risks to make a broker look better. Our educational content, including risk warnings and cost explanations, is written to be accurate and useful regardless of any affiliate relationship.

You are never obliged to use our links. If you prefer, you can go directly to a broker’s website or use the SEC Ghana licensed operators list to verify a firm. Using our links does not change the price you pay or the service you receive from the broker. It simply helps fund the production of our educational material. We disclose affiliate relationships because you deserve to know how the site is financed, and we keep that disclosure visible wherever a link appears.

Your Responsibilities When Using Accra Station and Trading Gold

You are responsible for verifying any information before you act on it. That includes checking current prices, spreads, and contract specifications with your broker, because the reference price of 4275.0 and the margin example of about $85.50 are illustrative and may not reflect live market conditions. You should confirm that any broker you consider appears on the SEC Ghana licensed operators list and understand the leverage cap that applies to the entity serving Ghana. That cap is a maximum, not a recommendation.

You are responsible for your own risk management. Gold (XAU/USD) is volatile, and a 1 standard lot represents 100 oz, with one pip equal to 0.01. Small price moves can produce large gains or losses relative to your margin. You should size positions so that a losing streak does not wipe out your account, and you should never trade with money you cannot afford to lose. We do not monitor your trades or warn you about market events.

You are responsible for complying with the laws and tax rules that apply to you. Trading profits may be taxable in Ghana, and you should seek independent professional advice on your personal situation. We do not provide tax, legal, or accounting advice. You must also keep your account credentials secure and report any suspected fraud to your broker and the relevant authorities. Accra Station will never ask for your broker password or your MTN Mobile Money PIN.