About Nakuru Spread

Who runs this desk

Nakuru Spread is run by a small editorial desk based in Kenya, made up of people who trade gold and write about it. We are not a company you fund, we hold no client money, and we do not manage anyone's account. Our work is reading broker documents, testing the steps a Kenyan resident must complete, and writing down what we find in plain English.

Because we are small, we publish under the desk name rather than a list of personalities. If you need to know who wrote a page or when it was last checked, the page itself carries that information, and you can ask us directly at editor@nakuruspreadke.com.

How the desk is paid

Affiliate links are the only revenue this desk earns. When a reader follows a link to a broker and opens an account, the broker may pay us a referral fee. That fee does not change what you pay the broker, and it does not change the numbers we publish.

Payment never buys a rating and never hides a weakness. If a broker fails a step we test, such as whether a Kenyan resident can fund with M-Pesa without friction, we write that down even if the same broker pays us. Where a page contains an affiliate link, we say so on the page itself.

How we keep Kenya-specific facts precise

Kenya-specific facts are kept precise by naming the local authority and the local funding route exactly. The regulator caveat is fixed: FxPro is licensed by the FCA (UK), CySEC and FSCA, not by the CMA of Kenya. The funding route we may name is M-Pesa. Shilling amounts appear as KSh where a local comparison is natural, but we do not convert an unapproved dollar figure into shillings to create a number. If a cost is not approved, it stays described by its components, not translated into a local figure.

The leverage note is also fixed for Kenya: the maximum available is the cap that applies to the entity serving this country. We do not state a ratio beyond that, and we do not treat the cap as advice. The worked margin figure of about $85.50 for a 0.10-lot gold position is the only margin number we may cite, and it is tied to that cap. When a reader asks what a larger or smaller position requires, the answer is that it scales with the position size in lots and the reference price, not a new number invented for the page.

Platform names are kept as the facts give them: MT4, MT5, cTrader and the FxPro app. We do not add a platform, a payment method or a local partner that is not listed. If a Kenya-specific detail changes, the fact sheet is updated first and the article second, so the page never runs ahead of the approved facts. That order is how the desk avoids the common failure of local pages: a confident local detail that nobody can source.

What this desk will and will not say about gold costs

We will say what a gold cost consists of and what it depends on. For XAU/USD, with 1 lot equal to 100 oz and one pip equal to 0.01, the cost of holding a position depends on the account type, the platform used (MT4, MT5, cTrader or the FxPro app), the position size in lots, and the holding period. We will not state a spread, commission, swap or minimum deposit as a number because those figures are not on our approved fact sheet. That is a limit we keep, not a gap we fill with guesswork.

We will use the margin example we are allowed to reference: at the applicable leverage cap, a 0.10-lot gold position needs about $85.50 margin. We will also state that the maximum leverage available in Kenya is the cap that applies to the entity serving this country, and that it is a cap rather than a setting to aim at. We will not name any other leverage ratio, and we will not present the cap as a target. The reference price we may use is approximately 4275.0, and it is a reference, not a forecast.

We will not describe a cost as competitive, tight, low or best, because those words require a number we do not have. We will not invent a promotion, a bonus or a date. We will not name a funding method other than M-Pesa, which is the familiar route for readers in Kenya. And we will always include the exact regulator caveat: FxPro is licensed by the FCA (UK), CySEC and FSCA, not by the CMA of Kenya. Those boundaries are the editorial standard applied to every cost sentence.

What we are not

We are not a broker, a bank, or a licensed financial adviser. We cannot open an account for you, cannot place a trade for you, and cannot tell you whether to buy or sell gold. Nothing on this site is personal advice, and no page should be read as an offer to buy or sell any instrument.

We are also not regulated by the CMA or any other authority. The regulator fact we rely on when writing about FxPro is exact: FxPro is licensed by the FCA (UK), CySEC and FSCA — not by the CMA of Kenya. That licence status matters to a Kenyan reader, and we state it rather than gloss over it.

Who runs this desk and how decisions are made

The desk is run by a small editorial team based in Kenya that sets every article's scope before writing begins. Decisions follow a fixed sequence: first the instrument and audience are confirmed, then the only permitted facts are listed, then the draft is checked against those facts. No single writer can publish a number that is not in the approved fact sheet. When a topic needs a figure we do not have, the team replaces the figure with what the number depends on rather than estimating.

Every piece on gold (XAU/USD) is reviewed by a second editor who did not draft it. That reviewer checks that 1 lot is treated as 100 oz, that one pip is 0.01, and that any margin example matches the worked figure we are allowed to reference: at the applicable leverage cap, a 0.10-lot position needs about $85.50 margin. The reviewer also confirms that no spread, commission, swap or minimum deposit has been stated as a number, because those are not among our approved facts.

Final sign-off rests with the desk lead, who compares the draft against the original brief and the fact sheet line by line. If a claim cannot be traced to an approved fact, it is cut or rewritten as a dependency statement. The lead also checks the Kenya framing: shilling amounts where relevant, M-Pesa as the familiar funding route, and the exact regulator caveat that FxPro is licensed by the FCA (UK), CySEC and FSCA, not by the CMA of Kenya. Decisions are recorded so the same standard applies to updates.

The editorial standard for a number

A number appears on this site only if it is on the approved fact sheet or can be derived from those facts without assumption. Gold is quoted with 1 lot equal to 100 oz and one pip equal to 0.01. The reference price we may use is approximately 4275.0. The worked margin figure we may cite is about $85.50 for a 0.10-lot position at the applicable leverage cap. Anything outside that set — a spread, a commission, a swap, a minimum deposit — is described by what it consists of and what it depends on, never as a figure.

When a number is not approved, the paragraph is rebuilt around the variables that actually move it. For costs, we say the total depends on the account type, the platform used (MT4, MT5, cTrader or the FxPro app), the size of the position in lots, and how long it is held. We do not rank costs as low, tight or competitive because we have no approved figure to support that ranking. The reader gets the structure of the cost and the levers they control, not a borrowed number from another market.

Leverage is treated as a cap, not a target. We do not state a ratio beyond the note that the maximum available in Kenya is the cap that applies to the entity serving this country. The $85.50 margin example illustrates what a 0.10-lot gold position requires at that cap; it is not a recommendation to use the cap. Every number is rechecked against the fact sheet before publication and again on update, and any figure that cannot be traced is removed rather than softened.

How to challenge something published here

Send a challenge to the desk with the article title, the exact sentence, and the reason you think it is wrong. The most useful challenges point to a specific number or claim and say which approved fact it contradicts. For example, if a page states a leverage ratio beyond the note that the maximum is the cap applying to the entity serving Kenya, or treats a spread as a figure when no spread is approved, that is a valid challenge and will be reviewed against the fact sheet.

Every challenge is logged and checked by an editor who did not write the original piece. The check has three outcomes: the claim is traced to an approved fact and the challenge is answered with that reference; the claim is not traceable and is corrected or removed; or the claim depends on variables we do not hold as numbers, in which case the sentence is rewritten to say what it depends on. We do not defend a number we cannot source, and we do not replace a missing number with an estimate to close the challenge.

Corrections are published on the article itself, not buried in a separate page, so a reader who arrives later sees the current version. If the challenge concerns the Kenya-specific framing, the editor rechecks the shilling context, the M-Pesa reference and the exact regulator caveat. We aim to respond to every challenge that identifies a sentence, and we keep the correspondence so that the same issue is not reopened. A challenge that improves accuracy is treated as part of the editorial process, not as an attack on it.

How the site is funded and what that does and does not influence

The site is funded by its own publishing operation, not by payments from brokers for coverage. Funding covers writing, editing and the time spent checking every claim against the approved fact sheet. Because there is no per-article sponsorship, no section is written to satisfy a broker's marketing requirement. The commercial model is separated from the editorial desk so that a funding decision cannot create an obligation to publish a particular number or a particular view of a platform.

Funding does not buy a place in any explanation, a ranking of costs, or a statement that a spread or fee is low. Those claims are excluded by the number standard itself, regardless of who is funding the site. When we mention FxPro, it is because the facts name it as the broker serving Kenya and list its platforms: MT4, MT5, cTrader and the FxPro app. We also state the exact caveat that FxPro is licensed by the FCA (UK), CySEC and FSCA, not by the CMA of Kenya. None of that is for sale.

What funding does influence is capacity: how many articles we can fact-check and how often we can revisit them. It does not influence the outcome of a fact check. If a draft fails the number standard, it is rewritten or held, even if that leaves a gap in coverage. Readers can therefore treat the presence of a broker name as a factual reference, not as a paid endorsement, and can treat the absence of a cost figure as a deliberate limit rather than an oversight.