Terms of use

Educational material, not advice

Everything on Manila Floor is educational material. It is not advice, not a recommendation and not an offer to buy or sell any instrument. We do not know your circumstances, so a worked example such as a 0.10-lot gold position needing about $85.50 margin at the applicable cap is an illustration, not a suggestion for your account.

Gold (XAU/USD) is quoted with 1 lot equal to 100 oz and one pip equal to 0.01, and a reference price near 4275.0 is used for examples. Those conventions help you read the material; they do not tell you where the price will go.

Dated figures and affiliate links

Figures on the site are dated and must be verified with the broker. Costs, leverage caps and funding methods change, and the version that applies to you is the one in your own account agreement. For the broker we cover, the regulator fact is that FxPro is licensed by the FCA (UK) and CySEC - not by the SEC of the Philippines.

Some links are affiliate links, which means the reader's relationship is with the broker and not with us. We may receive a referral fee, and that fee never buys a rating or hides a weakness. Your account, your funds and your disputes are handled by the broker under its own terms.

What These Terms Do Not Cover and Where to Go Instead

These terms do not cover your trading account, your deposits, or your withdrawals; those are governed by your broker's client agreement. When you fund via GCash or bank transfer, the payment provider's terms also apply, and Manila Floor is not a party to either contract. If you have a question about a margin call, a swap charge, or a withdrawal delay, the answer sits with FxPro's support and legal documentation, not with this site. We describe mechanics; the broker operates the account.

These terms also do not cover market advice, tax advice, or record-keeping for Philippine tax purposes. We do not tell you how to report gains or losses, and we do not prepare statements for you. If you need to know how gold CFD profits are treated by the BIR, or how to reconcile GCash transfers for accounting, consult a Philippine tax professional. The worked figure of about $85.50 margin on a 0.10-lot position is an illustration of platform math, not a tax or accounting entry.

Finally, these terms do not create a client, advisory, or fiduciary relationship between you and Manila Floor. Reading the site does not make us your adviser, and it does not make you our client. The only relationship we have is with you as a reader, and the only money that changes hands is the affiliate commission paid by a broker if you choose to open an account through a link. For anything with legal or financial consequences, use a licensed professional and the broker's official documents.

How Changes to These Terms Are Published

Changes to these terms are published on this page, and the revised version takes effect when it is posted. We do not send individual notices for every edit, so the current text on Manila Floor is the version that applies. If a change affects how we describe the affiliate relationship or the regulator caveat, it will appear in the relevant section here rather than in a separate announcement. You should re-read this page if you are relying on it for a decision, because the version you read last month may have been replaced.

We update the page when the underlying facts change, such as a shift in the leverage cap that applies to the entity serving the Philippines or a change in the funding methods a broker accepts. We do not publish a changelog or version numbers, and we do not guarantee that every edit is highlighted. The absence of a notice does not mean the terms are unchanged. If you need certainty about a specific point, treat the text currently visible on this page as the operative wording.

Continued use of Manila Floor after a change means you accept the revised terms. If you do not agree with an update, your option is to stop using the site; there is no account to close and no fee to cancel. We do not backdate changes or apply them retroactively to past reading. Because this is an information site, the practical effect of any change is on how you interpret the content, not on any contract between us. Your broker's terms change under the broker's own rules, which are separate from this page.

The Law That Applies to These Terms

These terms are governed by the laws of the Republic of the Philippines, and any dispute arising from your use of Manila Floor is subject to the jurisdiction of Philippine courts. That applies to the content you read here, not to your trading account, which is governed by the broker's own agreement and the law of the jurisdiction where the broker entity is established. FxPro, for example, is licensed by the FCA (UK) and CySEC, not by the SEC of the Philippines, so the regulatory protections around your account follow the broker's licence, not Philippine securities law.

Nothing on this site is intended to constitute an offer of securities or a solicitation to trade in any jurisdiction where that would be unlawful. You are responsible for confirming that using a broker such as FxPro is permitted where you are located and that you meet the broker's eligibility requirements. The leverage cap that applies to the entity serving the Philippines is a regulatory limit, not a recommendation, and it may differ from caps in other countries. If local law conflicts with anything on this site, local law prevails.

If any part of these terms is found to be unenforceable under Philippine law, the remaining parts stay in effect. We do not represent that the site complies with the laws of every country, and we make no claim about regulatory status beyond what is stated here. The regulator caveat is specific: FxPro is licensed by the FCA (UK) and CySEC, not by the SEC of the Philippines. That sentence is the whole of our regulatory statement about the broker, and you should read the broker's own legal documents for the rest.

Limits of Liability in Plain Words

Manila Floor is not liable for trading losses you incur with any broker, including losses on gold CFDs. Trading is high-risk, and you can lose more than you deposit if the market moves against you. We provide information, not a guarantee of outcomes, and we do not control execution, spreads, swaps, or platform uptime. If a position moves against you, the loss is between you and your broker, not something Manila Floor can reverse, offset, or compensate.

We do not warrant that the site is error-free, uninterrupted, or complete. Numbers like the $85.50 margin on a 0.10-lot gold position at the applicable cap are worked examples; they depend on the leverage cap that applies to the entity serving the Philippines and on the reference price used. If a figure on the site is out of date or a platform changes its rules, we are not liable for decisions you make based on it. Always confirm current margin requirements inside your broker's platform before you trade.

Our liability is limited to the extent the law allows. We are not responsible for indirect or consequential losses, including lost profits or lost opportunities, arising from your use of this site. We are also not responsible for the acts or omissions of any broker, payment provider, or telecommunications service you use to fund an account via GCash or bank transfer. If you are unsure whether a product suits you, stop and seek independent advice; do not rely on Manila Floor as your only source.

The Affiliate Relationship in Full

Manila Floor earns money through affiliate links to brokers such as FxPro, which means we may receive a commission if you open an account through a link on this site. That commission does not change the price you pay, the spread you are quoted, or the leverage cap that applies to your account. It is a payment from the broker to us for introducing a reader, and it is how this site funds its writing. We do not charge you a subscription or a fee to read the material here.

The affiliate relationship does not give us access to your trading account, your deposits, or your personal data. We do not see your GCash or bank transfer details, your position sizes, or your profits and losses. When you click an affiliate link, you leave Manila Floor and go to the broker's own sign-up flow, where the broker's terms and privacy policy apply. Any commission we earn is settled between us and the broker; it never appears as a line item on your statement.

We do not let affiliate payments decide what we write. The facts on this site, such as 1 standard lot of gold being 100 oz or one pip being 0.01, are the same whether or not a link is present. If a broker's terms change, including the leverage cap for the entity serving the Philippines, we describe the change as it is rather than as a marketing point. You should still check the broker's own documents before funding, because the affiliate link is not a substitute for the broker's legal disclosures.

What Manila Floor Is and What It Is Not

Manila Floor is an educational website about trading gold (XAU/USD) CFDs, not a broker, fund manager, or investment adviser. We explain how the instrument works, how margin and pip values are calculated, and how local funding methods like GCash and bank transfer interact with a broker account. Nothing on this site is a recommendation to buy, sell, or hold any instrument. If you need personal advice about your finances, consult a licensed professional in the Philippines. We do not know your circumstances, and we do not tailor content to them.

Manila Floor does not execute trades, hold client money, or provide signals. When you open a position, you do so with a regulated broker such as FxPro, using its MT4, MT5, cTrader, or FxPro app platforms. Your account, your margin, and your losses sit with that broker, not with us. We may describe how a 0.10-lot gold position at the applicable leverage cap needs about $85.50 margin, but that is an illustration of the mechanics, not a suggestion that you should trade that size. The decision, and the risk, remain yours.

Manila Floor is not a source of real-time prices, order execution, or account support. We do not publish live quotes, spreads, or swap rates because those are set by your broker and change with market conditions. If you see a reference price like 4275.0 on this site, treat it as a static example for explaining pip and margin math, not as a live quote. For anything that affects an open position, use your broker's platform and its official documentation. We are a reading resource, not a trading desk.

Risk of loss with gold CFDs

CFDs on gold carry a high risk of loss and most retail accounts lose money. Leverage magnifies both gains and losses, and the cap that applies to the entity serving the Philippines is a maximum, not a target to aim at. A position can move against you quickly, and you can lose more than you expected.

Nothing on this site removes that risk or guarantees an outcome. If you trade, use money you can afford to lose and treat every figure here as something to verify with your broker before you act.