Start with the fundamentals, then put them to work with the free calculators.
FxPro offers gold with competitive spreads, MT4/MT5 and Local INR bank transfers reported-friendly funding for traders in India.
Open FxPro account →A beginner should first learn what one lot of gold means and how risk is measured. On XAU/USD, one standard lot is 100 oz and one pip is 0.01, so a small price move creates a large rupee swing. Start with position sizing and the pip value calculator before studying any strategy.
Risk a fixed small percentage of your account per trade, decided in advance rather than after a loss. The exact figure depends on your account size, experience and tolerance for drawdown. Use the position size calculator to convert that risk into a lot size, and keep leverage as a cap, not a target.
A demo account is necessary but not sufficient. It trains platform mechanics, order types and the rhythm of the gold session, but it cannot train the emotional weight of real money. Use it until your process is repeatable, then begin live with a small position and the margin calculator open.
Gold is most active when the London and US sessions overlap, because that is when the largest share of dollar-denominated volume trades. Indian traders often find the evening IST window busiest. Activity also depends on the economic calendar, so check scheduled US releases before planning a trade.
Yes, leverage must be understood before any live trade. In India, FxPro offers up to 1:200, and up to 1:500 for eligible traders after an experience and financial assessment. That is a cap, not a setting to aim at. At 1:200, a 0.10-lot gold position needs about $85.50 margin.
