About Nairobi Board

Who runs this desk

Nairobi Board is run as a small editorial desk focused on one instrument, gold priced in US dollars, and one audience, readers in Kenya. The work is writing and checking, not selling: we read broker documents, work through the arithmetic of lot sizes and margin, and publish what a Kenyan reader would need before opening an account. We do not publish staff names, registration numbers or addresses, because those facts are not ours to state and a placeholder would be worse than an honest omission.

The desk is not a broker, not a bank and not a licensed financial adviser. It does not hold client money, does not place orders and does not open accounts on anyone's behalf. When we name a broker such as FxPro, the account and the legal relationship are between the reader and that broker, and the relevant licence fact is exactly this: FxPro is licensed by the FCA (UK), CySEC and FSCA — not by the CMA of Kenya.

How the desk is paid

Affiliate links are the only revenue. If a reader follows a link from this site to a broker and later opens a funded account, the broker may pay the desk a referral fee. That is the whole business model, and it is why some pages carry a link and others do not.

Payment never buys a rating and never hides a weakness. A broker cannot pay to move up a ranking, to remove a criticism, or to have a page published. If a check finds a problem, the problem is written down and stays written down, whether or not that broker has an affiliate arrangement with us.

Who runs Nairobi Board and how a gold note gets approved

Nairobi Board is run by a small editorial desk of practising traders and writers, not a single named figure, and every piece on gold (XAU/USD) is decided by that desk rather than by one author. A note moves from draft to publish in three steps: the writer states the claim and the arithmetic behind it, a second reader checks the numbers against the source, and the desk agrees the risk framing before it goes live. Anyone who cannot show the working does not get published.

Decisions on this desk follow a fixed order of priority: accuracy first, risk framing second, usefulness third, speed last. That is why a piece on a 0.10-lot gold position can sit for a day while someone rechecks the margin figure of about $85.50 at the applicable leverage cap. Being second with a correct number beats being first with a wrong one, and no deadline overrides a figure that has not been verified.

The desk writes for Kenyan readers using KSh amounts and M-Pesa funding routes because that is how the audience actually trades, and the same people who write the notes also review them. There is no separate approval layer that could soften a warning or add a promise. If a note says the FxPro entity serving Kenya is licensed by the FCA, CySEC and FSCA but not by the CMA of Kenya, that caveat was written and checked by the same desk.

What the desk will and will not cover on gold

The desk covers gold as XAU/USD and treats it as a leveraged instrument where 1 standard lot equals 100 oz and one pip equals 0.01, with a reference price near 4275.0 used for illustration. Coverage focuses on the mechanics a Kenyan trader actually needs: how margin is calculated at the applicable leverage cap, how a position is sized, how M-Pesa funding fits into the workflow, and how platform choice across MT4, MT5, cTrader and the FxPro app changes the experience rather than the risk.

The desk does not publish signals, price predictions, or claims that a level will hold. Gold at a reference price of about 4275.0 is a starting point for arithmetic, not a forecast. Anything that reads like a promise of return is out of scope, and so is any suggestion that leverage is a setting to maximise rather than a cap that magnifies losses as readily as gains. The emphasis stays on what a position costs to hold and what happens when it moves against you.

Coverage also stops at the point where a topic cannot be verified. Where a broker's terms differ by entity, the page says so and points to the entity that serves Kenya rather than generalising from another jurisdiction. That is why the regulator caveat is repeated where relevant: FxPro is licensed by the FCA, CySEC and FSCA, not by the CMA of Kenya, and a reader should confirm which entity holds their account before relying on any protection described.

What we will not do

The desk will not tell a reader what to buy, when to buy it, or how much of their money to risk. Gold trading carries real risk of loss, and any decision has to rest on the reader's own circumstances, which we do not know. We also will not take money for a review, a guest post or a placement, at any price.

Where a figure appears, it is dated to the day it was read from the broker's own documents, and it can change afterwards. A reference price near 4275.0, a lot of 100 oz and a pip of 0.01 are the working definitions we use; the margin and cost numbers that follow from them depend on the broker's terms at the time you trade, not on anything we set.

The editorial standard for a number on this site

A number appears on Nairobi Board only when it can be traced to a stated source, and if it cannot be traced it is described in words instead. Contract size for gold is written as 1 lot = 100 oz and one pip as 0.01 because those are fixed specifications. A margin figure such as roughly $85.50 for a 0.10-lot position is published only alongside the leverage cap it depends on, so a reader can rebuild the calculation rather than trust it.

Where a cost varies by account, platform or market condition, the desk names what the cost consists of and what it depends on rather than printing a figure. Spreads, commissions, swaps and minimum deposits are treated this way because they change and because quoting one would mislead a reader in Kenya comparing their own statement. Saying a spread is made up of the broker's markup and the underlying market is honest; calling it cheap without evidence is not.

Every figure is dated in the writer's own working notes and rechecked when the page is edited, and any number that cannot be rechecked is removed rather than left standing. The rule that matters most is simple: no invented statistics, no invented dates, no invented promotions. If a reader sees a percentage, a deposit threshold or a bonus mentioned here, it came from a stated source, and if no source exists the sentence gets rewritten to say what the outcome depends on.

Why the risk framing on this site reads the way it does

Trading gold on leverage is high-risk and can lose more than the margin committed, so every explanatory page here is written to make that visible rather than to bury it. A 0.10-lot position needing about $85.50 in margin at the applicable cap sounds small, but the exposure behind it is 10 oz of gold, and a move against the position is measured on that exposure, not on the margin. The framing exists to keep that gap in view.

The desk writes soberly because the audience is real people in Kenya funding accounts through M-Pesa with money that matters to them. There are no guarantees on this site, no language about getting rich, and no implication that a method removes risk. Where a page describes a technique, it also describes the condition under which the technique fails, and where it describes a cost, it says what the cost depends on instead of calling it favourable.

Leverage is described as a cap that applies to the entity serving this country, never as a target to aim for, and the pages avoid quoting ratios that do not apply locally. The same discipline governs regulator language: the caveat that FxPro is licensed by the FCA, CySEC and FSCA but not by the CMA of Kenya is stated plainly wherever it bears on a reader's decision, because a protection that does not apply is worse than no protection at all.

How Nairobi Board is funded and where that funding stops

Nairobi Board is funded by the revenue the site earns from the broker relationships it writes about, and that funding pays for the writing, the checking and the hosting. It does not buy a conclusion. A partner cannot commission a favourable review, cannot see a draft before publication, and cannot have a risk warning removed. The commercial side of the site is kept away from the editorial desk precisely so that a funding conversation never becomes an editing conversation.

What funding does influence is which brokers get covered in the first place, because the desk writes about platforms it can actually test with a live account and local funding routes such as M-Pesa. What it does not influence is what the coverage says. If a platform's entity structure or regulator status is a problem for a Kenyan reader, that goes in the text, including the standing caveat that FxPro is licensed by the FCA, CySEC and FSCA but not by the CMA of Kenya.

Readers should treat every page here as commercially supported content and weigh it accordingly, the same way they would weigh a broker's own material. The honest position is that this site earns from the industry it describes, and the safeguard is disclosure plus a fixed editorial standard rather than a claim of independence. Where a note cannot be written fairly under that arrangement, the desk does not publish it.

How to challenge something published on this page

If a figure, a definition or a risk warning on Nairobi Board looks wrong, the fastest route is to quote the exact sentence and say what you believe the correct position is, with the source you are relying on. Challenges are read by the same desk that wrote the note. A challenge that includes the arithmetic, for example a margin calculation for a 0.10-lot gold position, can be checked in minutes; a challenge that only says the page is wrong cannot be acted on.

Every upheld challenge results in a correction on the page itself, not a silent edit, and the correction states what changed and why. If the original number was wrong, it is replaced and the replacement is dated. If the framing was misleading but the number was right, the sentence is rewritten to say what the figure depends on. Corrections are never quietly deleted, because a reader who saw the earlier version deserves to see that it moved.

Disagreement about trading decisions is welcome and is handled differently from disagreement about facts. The desk will defend a risk warning it believes is accurate, and it will not soften a caveat about leverage or about the regulator gap in Kenya because a reader finds it inconvenient. Where the argument is about strategy rather than a verifiable number, the page states the reasoning and leaves the decision to the reader, since the outcome depends on their own position size and risk tolerance.