About Mysore Paper

Who we are, and what we are not

Mysore Paper is an independent editorial desk. We are not a broker, not a bank and not a licensed investment adviser, and nothing on this site is personal financial advice. We do not hold client money, we do not open accounts, and we cannot touch a trading balance.

The desk exists to explain how gold trading works in plain language for residents of India. We write about the instrument, the mechanics, the costs and the risks, and we are explicit when a question falls outside what we can answer.

What counts as a number we will publish, and what we do when we do not have one

A number is published here only when it comes from the source facts supplied to the desk, and it is reproduced exactly as given. That means the gold contract size of 100 oz, the pip value of 0.01, the reference price of 4275.0, the leverage cap of up to 1:200 and up to 1:500 for eligible traders after experience and financial assessment, and the worked margin of about $85.50 for a 0.10-lot position. If a figure is not on that list, it does not appear as a number on the page. There is no rounding up, no estimating from a similar broker and no carrying over a figure from an older article.

Costs are described by what they consist of and what they depend on, never by a quality word. A spread on XAU/USD depends on the broker's pricing model, the time of day and market liquidity; a commission depends on the account type; a swap depends on the position direction and the financing rate. We will say that much and stop, because we were not given a spread, a commission, a swap or a minimum deposit number to quote. The same rule applies to funding: we can name local INR bank transfers, cards and e-wallets, but we will not state a deposit minimum or a processing time we cannot verify.

Every calculation shown on the site is written out so a reader can repeat it. The margin example uses the stated leverage cap, the contract size of 100 oz and the reference price, and it produces about $85.50 for 0.10 lots. If a reader's own broker applies a different leverage setting within the cap, the result will differ, and the page says so rather than implying the figure is universal. The editorial test is simple: can a reader trace the number back to a stated fact and a stated formula? If not, the number is removed before publication, even if it would make the paragraph read more smoothly.

The publication checklist every page passes before it goes live

Every page passes a five-point checklist before publication, and the checklist is the same for a short definition and a long guide. First, each explanatory paragraph opens with its answer and can stand alone. Second, every number traces to the source facts: 100 oz per lot, 0.01 pip, reference price 4275.0, leverage cap of up to 1:200 and up to 1:500 for eligible traders after experience and financial assessment, and the worked margin of about $85.50 for 0.10 lots. Third, no spread, commission, swap or minimum deposit is stated as a number. Fourth, the regulator caveat appears where regulation is relevant. Fifth, the risk framing is present wherever leverage or margin is discussed.

The checklist is applied by the editor who did not draft the page, which is why two people sign off rather than one. A draft that fails any point goes back with the specific sentence marked, and the fix is made from the source facts rather than by rewriting around the gap. This is where most of the desk's time goes: removing a cost word that slipped in, replacing an implied guarantee with a statement of risk, or cutting a leverage ratio that was not in the approved set. The page is not published until the second editor can trace every figure and every caveat without asking the first.

After publication the checklist becomes a maintenance rule. If the source facts change, every page that cites them is re-opened in the same weekly review, and the change is dated on the page. If a reader challenge succeeds, the correction follows the same route. Pages that touch Indian funding keep the method list to local INR bank transfers, cards and e-wallets, and pages that touch the serving entity keep the line that FxPro Markets Ltd serves India. The result is a small, checkable body of work rather than a large one that cannot be audited, which is the point of running the desk this way.

The correction route: how to dispute a figure, a formula or a sentence on this site

To challenge something published here, write to the editorial address on the contact page and quote the page heading and the exact sentence. The desk logs every challenge with a date and the name of the editor who picks it up. You do not need an account, a subscription or a commercial relationship to raise one. If the challenge concerns a number, say which number and what you believe the correct basis is; if it concerns a formula, show the steps you used. The aim is to resolve it from the source facts rather than from opinion, so the more precisely you point at the sentence, the faster the review moves.

A challenge is answered within the same weekly review cycle in which it arrives, and the response states one of three outcomes: the sentence stands because it matches the source facts, the sentence is corrected, or the sentence is removed because it cannot be supported. A correction is shown on the page with the date, not silently edited, so later readers can see what changed. If the dispute is about a cost, expect the answer to restate what the cost consists of and what it depends on, because the desk does not hold a spread, commission, swap or minimum deposit figure to compare against.

Escalation goes to the markets writer for trading content and to the product lead for calculations, leverage examples and platform details, and either can overrule the other only by putting the reason in the log. If a reader and the desk still disagree after that, the desk publishes the reader's point alongside its own reasoning rather than pretending the matter is settled. That is the same standard applied to our own pages: a claim that cannot be traced to a stated fact, such as the 100 oz contract size, the 0.01 pip, the reference price of 4275.0 or the stated leverage cap, does not stay on the site.

The two people who run Mysore Paper and the weekly decisions that shape every page

Mysore Paper is run by two named editors, a markets writer and a product lead, who jointly own every page published here. The markets writer has spent over a decade covering gold and currency markets for Indian readers, and the product lead handles the site build and data checks. Neither takes a view on direction before a page is drafted; both review the draft against the source facts line by line. Final sign-off sits with the markets writer for trading content and the product lead for anything involving calculations, leverage examples or platform details. No page goes live on one person's approval alone.

Decisions on what to publish are made in a Monday review where the two editors compare reader questions, search demand and gaps in existing pages. A topic is accepted only if it can be answered from the facts we hold, which for gold means the instrument code XAU/USD, one standard lot of 100 oz, a pip of 0.01 and the reference price of 4275.0. If a question needs a spread, a commission or a minimum deposit figure we do not have, it is either answered in terms of what the cost depends on or left out. The weekly list is short by design, usually three to five pages, so each one gets a full fact-check.

The desk operates from India and writes for Indian readers, so local context is part of every decision. When a page touches funding, the editors confirm that only the methods we can state are named: local INR bank transfers, cards and e-wallets. When a page touches regulation, the exact caveat is repeated: FxPro is licensed by the FCA (UK), CySEC and FSCA, not by SEBI. Leverage examples use only the stated cap of up to 1:200, and up to 1:500 for eligible traders after experience and financial assessment, and the worked margin figure of about $85.50 on a 0.10-lot gold position. Any change to those facts triggers a re-review of every page that cites them.

Independence and the regulator caveat

The brokers we write about are offshore or foreign-regulated from an Indian reader's point of view, and the caveat we repeat is this: FxPro is licensed by the FCA (UK), CySEC and FSCA — not by SEBI. A licence elsewhere does not make a broker answerable to an Indian regulator, and readers should weigh that before funding anything.

We keep the desk's opinions separate from the broker's marketing. Where a figure such as a spread, a commission, a swap or a minimum deposit is not published or not verifiable, we say so rather than fill the gap with a guess.

How the desk is funded

Affiliate links are the only revenue. If a reader opens a broker account through a link on this site, the broker may pay the desk a referral fee, and that fee costs the reader nothing extra. The broker's own pricing and terms still apply to the reader's account.

Payment never buys a rating and never hides a weakness. A broker cannot pay to be ranked higher, cannot pay to have a drawback removed, and cannot pay to have a page written. Where we find a problem, it stays on the page whether or not the broker is a partner.

Why gold is covered through contract mechanics and margin rather than price prediction

Gold coverage here starts from the contract, not from a forecast. One standard lot of XAU/USD is 100 oz, one pip is 0.01, and the reference price used in examples is 4275.0. Those three facts let a reader work out what a price move means in money and what margin a position requires, which is more useful than a directional call that cannot be checked. The desk writes about lot sizing, pip value, margin at the stated leverage cap and the difference between the platforms, because those are the parts a trader can verify before risking capital. Price direction is left to the reader and to their own risk process.

Margin is explained with the worked figure rather than with a promise. At the stated cap of up to 1:200, and up to 1:500 for eligible traders after experience and financial assessment, a 0.10-lot gold position needs about $85.50 in margin. The page shows how that figure follows from the contract size and the reference price, and it says plainly that a different leverage setting within the cap changes the requirement. It also says that margin is not the same as risk: a position can lose more than the margin placed against it, which is why the desk frames leverage as a cap rather than a setting to aim at.

Platform coverage follows the same logic. MT4, MT5, cTrader and FxPro Edge are described by what they display and how orders are placed, not by which one is better. Funding is named only as local INR bank transfers, cards and e-wallets, and the regulator position is repeated exactly: FxPro is licensed by the FCA (UK), CySEC and FSCA, not by SEBI. Indian readers are told that the entity serving India is FxPro Markets Ltd, and that trading gold on leverage is high-risk and can result in losses beyond the initial margin. No page here promises a return, a win rate or a recovery of losses.

How advertising and affiliate revenue reach the desk, and the boundary it cannot cross

The site is funded by advertising and affiliate arrangements with brokers, including FxPro, and that money pays for writing, review and hosting. Funding does not buy a place in an article. A broker cannot commission a page, approve a draft, choose a heading or ask for a cost to be called low or competitive. The editorial standard for a number is applied before any commercial conversation, so a page is built from the facts we hold and then published; commercial partners see it at the same time as readers. If a partner withdraws over something published, the page stays up.

What funding does influence is which topics get scheduled first. A broker partnership may prompt a page explaining how MT4, MT5, cTrader and FxPro Edge differ, because readers ask about platforms and the questions are real. It does not change the answer inside that page, and it does not add a spread, a commission or a minimum deposit figure we were not given. The distinction matters for gold coverage: a page on XAU/USD margin can be scheduled because readers need it, but the margin example still uses only the stated cap and the worked figure of about $85.50 for 0.10 lots, whatever a partner might prefer to see.

The boundary is written down and applies to every page. No affiliate link appears inside a paragraph that states a fact, so a reader can read the fact without a commercial element in the same sentence. No partner is described as safe, regulated in India or suitable for Indian residents beyond the exact caveat: FxPro is licensed by the FCA (UK), CySEC and FSCA, not by SEBI. No funding method outside local INR bank transfers, cards and e-wallets is named, and no leverage ratio outside the stated cap is mentioned. If a commercial arrangement cannot fit inside those lines, the desk declines it rather than bending the page.