Elgon Trial
XAU/USD · gold toolkit for Kenya

Gold tools built for the phone first.

Trade gold on facts, not feel — live XAU/USD, a risk-based lot calculator and the real cost per trade, free for Kenya.

XAU/USD
$4,275.00
▲ +0.29%
liveupdated · gold-api.com
1 lot = 100 ozmargin @ 1:500M-Pesa funding
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Position & Risk
XAU/USD · Risk-based position sizing
Position size
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Money at risk
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Units
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Stop distance
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Margin needed
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Pip value
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Desktop terminalXAU/USD · H1 · our schematic, not a capturemarket watchXAU/USDXAG/USDEUR/USDGBP/USDUSOILBTC/USDxau/usd · h1TARGETENTRYSTOPopen positionXAU/USD0.10 lot · buystopsetswapnightlyp/lrunningCloseMargin was locked when this opened, and is released when it closes.
On a phonexau/usdpriceliveM15H1H4D1W1SELLmarketBUYmarketposition0.10 lotstop set · alert onModifyOne tap is a real order.
A desktop terminal and the same account on a phone. Our drawing of the parts, not a capture of any one product.
The toolkit

Your gold trading checklist

01

Position size

Size a gold trade to a fixed risk — never blow up on one move.

02

Pip value

What one pip is worth for your lot and account currency.

03

Margin

What gold ties up at 1:100, 1:500 or your leverage.

04

Profit / loss

Turn an entry and exit into profit or loss and pips.

05

Pivot points

Support & resistance from the prior session.

Ready to trade gold

Trade XAU/USD with tight spreads on FxPro

FxPro offers gold with competitive spreads, MT4/MT5 and M-Pesa-friendly funding for traders in Kenya.

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FAQ

Common questions

What does Elgon Trial actually give a gold trader in Kenya?

Elgon Trial gives you a working toolkit for XAU/USD: position size, pip value, margin, profit and pivot point calculators, plus plain explanations of how the gold market is priced and when it trades. It does not give signals, manage money or place trades. Elgon Trial is not a broker, not licensed and not an adviser; you execute at your own broker.

Is Elgon Trial a broker or licensed by the CMA?

No. Elgon Trial is a desk that publishes tools and explanations, not a broker or an investment adviser, and it holds no licence from the CMA. If you trade gold with FxPro, note the exact position: FxPro is licensed by the FCA (UK), CySEC and FSCA — not by the CMA of Kenya. Check the entity on your own account documents.

How much margin does a small gold position need at the Kenya leverage cap?

At the leverage cap that applies to the entity serving Kenya, a 0.10-lot gold position needs about $85.50 in margin. That figure comes from 100 oz per lot, so 0.10 lot is 10 oz, and margin depends on the cap, not on your preference. Convert it to KSh at your bank or M-Pesa rate before funding.

Can I fund a gold trading account with M-Pesa from Kenya?

M-Pesa is the familiar funding route for Kenyan traders, and it is the local method listed here. Whether a specific broker accepts it, and what it charges, depends on that broker's own deposit page and the entity serving this country. Confirm the method, the currency of the account and any conversion cost before you send money.

What is the biggest risk in trading XAU/USD that this site keeps repeating?

Leverage is the biggest risk, because it multiplies both gains and losses and gold moves in large dollar steps. One pip is 0.01 and one standard lot is 100 oz, so a modest price move changes your equity quickly. Treat the leverage cap as a ceiling, not a target, and size positions with the position size and margin calculators first.