Terms

Terms of use

This site is educational material only, not advice and not an offer to buy or sell any instrument.

Educational material, not advice

Everything on this site is educational material about gold (XAU/USD) and how trading costs are structured. It is not personal advice, not a recommendation and not an offer to buy or sell any instrument. The desk is not a broker, bank or licensed adviser, and no page here should be read as if it were.

A reader who acts on anything published here does so on their own judgement. Where a decision depends on personal circumstances, a licensed professional in the UAE is the right source, not an editorial page.

The law that governs these terms and any dispute

These terms are governed by the laws of the United Arab Emirates, and any dispute connected to the site is subject to the jurisdiction of the UAE courts. Readers access Sikka Spread from the UAE, and the site is written for that audience, so UAE law is the reference point for how these terms are interpreted and enforced.

The regulatory position of the broker is separate from the law governing this site. FxPro is licensed by the FCA (UK), CySEC and FSCA, and the entity serving UAE clients is FxPro Global Markets MENA Ltd. Any complaint about an account, an order or a payment is handled under the broker's own client agreement and the rules of its regulator, not under these site terms.

If any part of these terms is found unenforceable under UAE law, the remaining parts continue to apply. The governing-law clause does not override mandatory consumer protections you may have under UAE law, and it does not move a broker dispute into this site's jurisdiction. Where the law of another country would otherwise apply to your reading of the site, UAE law remains the governing law of these terms.

Limits of liability for decisions taken from this site

Sikka Spread is not liable for trading losses, missed opportunities or account outcomes that follow from using the information on this site. Trading gold (XAU/USD) with leverage carries a risk of loss that can exceed your initial margin, and that risk sits with you as the account holder, not with Sikka Spread. The site supplies explanation and illustration, not a duty of care over your positions.

The site is not responsible for errors, delays or outages at FxPro, on MT4, MT5, cTrader or FxPro Edge, or in local UAE bank transfers, cards and e-wallets used for funding. Execution quality, order fills, platform availability and payment processing are controlled by the broker and the payment providers, and any claim about them belongs in the broker's complaints process first.

Liability for any claim connected to this site is limited to the extent permitted by applicable law, and nothing in these terms excludes liability that cannot lawfully be excluded. Because the pages are general information, Sikka Spread does not accept responsibility for how a reader applies a margin example, a pip value or a leverage cap such as up to 1:500 on standard forex accounts within DFSA/SCA-compliant limits, which varies by instrument.

How updates to these terms are published and dated

Changes to these terms are published on this page, and the revised version replaces the previous one when it goes live. Sikka Spread does not send individual notices for every edit, so the current text on this page is the version that applies. A change may reflect a new broker relationship, a corrected figure, a new funding method in the supported list or a clarification of liability wording.

Material changes are described in plain words at the point they are made, rather than left for readers to spot by comparison. The site keeps the structure of this page stable so that a reader can see what the affiliate relationship is, what the liability limits are and which law applies without hunting through archived versions. Figures such as the reference price of 4275.0 for XAU/USD and the margin example at up to 1:500 are illustrations and may be updated when the underlying facts change.

Continued use of Sikka Spread after a change is published means you accept the updated terms. If you do not accept a revision, the remedy is to stop using the site; it does not affect any separate agreement you have with FxPro Global Markets MENA Ltd. or any rights you hold under UAE law. Readers who need a dated record should keep their own copy of the page as it stood when they relied on it.

What the site assumes about you as a UAE reader

Sikka Spread assumes you are an adult reader in the UAE who is considering gold (XAU/USD) trading through a broker such as FxPro, and that you understand a standard lot is 100 oz and one pip is 0.01. The site does not verify your residency, income, trading experience or suitability for leverage, and it does not check whether gold trading is appropriate for your circumstances.

The site assumes you will confirm every cost and requirement with the broker before trading. That includes the margin needed at the leverage available to you, which is capped at up to 1:500 on standard forex accounts within DFSA/SCA-compliant limits and varies by instrument, and the funding route you use, whether cards, bank transfer, e-wallets or local UAE bank transfer. None of these is set by Sikka Spread.

The site assumes you read figures in AED where a dirham amount is shown and in US dollars where the instrument is quoted that way, and that you accept currency conversion is handled by your bank or payment provider. It also assumes you will not treat any page as a substitute for the broker's contract specifications, which govern the actual pip value, margin requirement and trading hours on your account.

What Sikka Spread publishes and what it explicitly does not

Sikka Spread publishes reference information about trading costs and conditions on gold (XAU/USD), including how pips, lot sizes and margin are calculated for UAE readers. It is not a broker, dealer or investment adviser, and it does not execute orders, hold client money or manage positions. Every figure on the site is an illustration of how a cost or requirement is structured, not a recommendation to trade, open an account or copy a strategy.

The site does not provide personalised advice, portfolio management, signals or trade recommendations. Nothing here is tailored to your financial situation, tax position, residency status or goals, so it cannot substitute for a licensed adviser who knows your circumstances. Where a broker's actual terms differ from an illustration on this site, the broker's client agreement and the platform's live contract specifications govern the trade.

Sikka Spread does not guarantee accuracy, completeness or timeliness of any number shown. Prices, leverage caps and funding options change with the broker, the instrument and the regulator, and the reference price of 4275.0 for XAU/USD is a static illustration rather than a live quote. Treat every page as a starting point for your own verification with FxPro Global Markets MENA Ltd. before you commit any capital.

The affiliate relationship behind links to FxPro, stated in full

Sikka Spread earns money through affiliate links to FxPro. If you click a link to FxPro Global Markets MENA Ltd. from this site and later open an account or meet that broker's qualifying conditions, Sikka Spread may receive a commission or referral payment from FxPro. This is a commercial arrangement between Sikka Spread and the broker, and it is the main way the site is funded.

The commission does not change what you pay FxPro. Your costs are set by the broker's own pricing and client agreement, including the spread, commission and swap terms that apply to your account type and instrument. Sikka Spread does not add a markup to your trading costs, and the affiliate payment is not passed to you as a discount, rebate or bonus.

The relationship can influence which brokers and topics the site covers, because Sikka Spread only writes in depth about brokers it has a commercial link with. It does not influence the factual content of the pages: figures are drawn from the facts supplied to the site, and where a number is not available the page says what the cost depends on rather than inventing a value. You are free to open an account directly with FxPro without using any link on this site.

Risk of loss

CFDs on gold carry a high risk of loss and most retail accounts lose money. Leverage, including the maximum of up to 1:500 on standard forex accounts available in the UAE within DFSA/SCA-compliant limits, magnifies both gains and losses and can close a position quickly. It is a cap, not a setting to aim at.

At that cap, a 0.10-lot gold position needs about $85.50 margin. That figure shows the arithmetic of margin, not a safe position size. Nothing on this site guarantees a result, and no page should be read as promising one.

Dated figures and affiliate links

Figures are dated and must be verified with the broker before use. A cost or term recorded on this site reflects the broker's documents on the date read and can change afterwards. The regulator fact relied on here is that FxPro is licensed by the FCA (UK), CySEC and FSCA; licence scope and the entity serving the UAE should be confirmed with the broker.

Affiliate links mean the reader's relationship is with the broker, not with this desk. The account, the funds and any dispute sit with the broker under its own terms and its own regulator. The desk may receive a referral fee, and that fee does not change what the reader pays.

FAQ

Common questions

What is Sikka Spread, legally speaking?

Sikka Spread is an independent editorial and tools site for readers in the UAE; it is not a broker, not a licensed adviser and not a party to any trade you place. It publishes explainers, calculators and reference material about gold (XAU/USD). Nothing on the site is a personal recommendation, an offer or a solicitation to trade.

What risk am I taking by trading gold with leverage?

Leveraged gold trading is high risk and can lose money quickly, including more than you deposit. A cap such as up to 1:500 on standard forex accounts within DFSA/SCA-compliant limits, which varies by instrument, magnifies both gains and losses and is not a setting to aim at. At 1:500 a 0.10-lot gold position needs about $85.50 margin, but margin is not your maximum loss.

Are the calculators and worked examples guarantees of my result?

No. The calculators apply published formulas to the numbers you enter, and worked examples use a reference price near 4275.0 to show the arithmetic. Your live result depends on the price you actually get, the costs your broker applies and market conditions, so treat every output as an estimate to check, not a promise.

Whose terms apply to my trading account?

Your broker's terms apply to your account, your orders and your money. FxPro Global Markets MENA Ltd. serves the UAE, and FxPro is licensed by the FCA (UK), CySEC and FSCA, but that relationship is between you and the broker. Sikka Spread sets no account terms and cannot vary, enforce or interpret a broker agreement.

Can the terms on this site change, and does that affect past pages?

Yes, the site's terms and content can be updated as facts change or errors are found. Updated wording applies from the point it is published, and material corrections are flagged on the page concerned. Continuing to use the calculators and guides after a change means you accept the current version, so check back if a point matters to you.