Terms of use

Educational material, not advice

The pages on Yarra Course are educational material about gold (XAU/USD) and the mechanics of trading it, and they are not personal advice, a recommendation or an offer to buy or sell any instrument. We do not know your circumstances, and nothing here is tailored to them. Where a decision about money is involved, the appropriate source is a licensed adviser.

We are also not a broker or a bank, so we cannot execute an order, hold funds or act on your behalf. Any account you open is with the broker, on the broker's terms, and the relationship is between you and that entity. Our role stops at explaining how the mechanics work and where the broker's own documents state the terms.

What You Are Agreeing to When You Use This Site

By using Yarra Course you agree to use it for personal education only and not to copy, resell or redistribute its content as your own. You accept that the site does not provide personal advice and that you alone decide whether to trade gold, what size to trade and which broker to use. You also accept that any affiliate link may earn us a payment and that this does not make the broker suitable for you. If you do not agree, you should stop using the site.

You agree not to attempt to interfere with the site, to scrape it at scale, or to use it in a way that breaks the law. You accept that information can become out of date and that you must verify costs, margin and regulator status with the broker before funding. The worked margin figure of about $85.50 for a 0.10-lot gold position at 1:200 is an example only; your broker's live rate and your account currency determine the actual amount. You are responsible for keeping your own login and funding details secure.

You agree that the disclaimers and liability limits in these terms are reasonable for a free educational site. If any part is found invalid, the rest remains in force. You accept that the law of Victoria governs these terms and that disputes will be handled as described above. Nothing in this section creates a client, advisory or fiduciary relationship between you and Yarra Course. For broker-specific matters, including funding by PayID or bank transfer, the broker's own agreement applies.

The Affiliate Relationship Is Disclosed in Full on Every Relevant Page

Yarra Course earns money through affiliate links, which means we may be paid a commission if you open an account with a broker we mention, such as FxPro, after clicking through from this site. The payment comes from the broker, not from you, and it does not change the price you pay or the terms you receive. We state this openly because a reader is entitled to know why a broker appears on the page, and the disclosure is repeated wherever an affiliate link is present rather than buried in a single footer.

An affiliate relationship does not buy a favourable description of costs, leverage or regulation. We do not claim that any spread, commission, swap or minimum deposit is competitive or low, because we have not been given those figures to verify and because such claims would be unsupported. What we can do is describe what a cost consists of and what it depends on, such as the broker's pricing model, the instrument and the time you trade. Where regulation matters, we state the exact position: FxPro is licensed by the FCA (UK) and CySEC, and it does not hold an ASIC licence, so Australian residents deal with an offshore entity and should check this before funding.

The commercial relationship also does not entitle a broker to approve our words, and it does not make us an agent of that broker. If you use PayID or bank transfer to fund an account, that transaction is between you and the broker, and any question about deposits, withdrawals or account status goes to the broker's support, not to us. We aim to be precise about what the arrangement is and is not, so you can weigh our content knowing exactly how the site is funded.

The risk of loss is real

CFDs on gold carry a high risk of loss and most retail accounts lose money. Leverage, including the cap of up to 1:200 available to Australian clients, magnifies both gains and losses, and a position can move against you faster than expected. The worked example on this site, where a 0.10-lot gold position needs about $85.50 margin at 1:200, shows the deposit requirement, not the amount you can safely lose.

Nothing on the site should be read as a guarantee of any outcome, and we do not publish performance claims or promise that a method works. If you are unsure whether trading suits you, that is a question for a licensed adviser, and it is a reasonable question to ask before funding any account rather than after.

Dated figures and affiliate links

Figures on this site are dated and must be verified with the broker before you rely on them, because costs, leverage caps and entity arrangements change. The regulator position we state is that FxPro is licensed by the FCA (UK) and CySEC. It does not hold an ASIC licence, so Australian residents deal with an offshore entity — check this before funding. Confirm the current position with the broker's own documents.

Some links on the site are affiliate links, which means we may receive a payment if you open an account through them. That arrangement does not change the price you pay and does not buy a rating. Your relationship is with the broker, under the broker's terms and privacy policy, and any dispute about an account is between you and that entity.

How Changes to These Terms Are Published

Changes to these terms are published on this page, with the revised version replacing the previous text and a new effective date shown at the top. We do not rely on email notice for every update, so you should check this page before relying on it for a trading decision. The date at the top of the page is the single reference point for which version applies. If you continue to use the site after a change is published, you accept the revised terms.

We may update these terms to reflect changes in the law, in how the site operates, or in our affiliate relationships. Because the site is educational and does not hold accounts, we do not need your signature to make a change; publication on this page is the method. We aim to keep the wording clear and to avoid retroactive changes that would disadvantage readers who relied on an earlier version. Any change to the regulator caveat or the affiliate disclosure will be shown in the same place as the original.

You can always find the current terms at this page, and older versions are not kept online unless we say so. If you have saved or printed a copy, treat the live page as the authoritative version. We do not guarantee advance notice of every edit, so check before you act on anything that affects money, such as funding by PayID or bank transfer or setting leverage up to 1:200. The applicable law and liability limits described above apply to the version published when you use the site.

What Yarra Course Is and What It Is Not

Yarra Course is an educational reference site that explains how gold (XAU/USD) trading works, including contract size, pip value and margin mechanics. It is not a broker, dealer, investment adviser or portfolio manager, and it does not hold client funds, place orders or manage accounts. Everything here is general information written for Australian readers, not personal financial product advice. If you need advice about your own circumstances, speak to a licensed professional who can consider your objectives, financial situation and needs.

Yarra Course is not a source of live prices, trade signals or recommendations to buy or sell gold. The reference price of about 4275.0 is an illustrative figure used to show how formulas work, not a quote you can trade on. No material here is a statement that any strategy, position size or leverage setting is suitable for you. You remain responsible for every order you place and for checking the terms of the broker you use before you fund an account, including whether that entity is licensed to deal with Australian residents.

Yarra Course is not affiliated with, endorsed by or acting on behalf of FxPro, MT4, MT5, cTrader or any platform named on the site. Those names are used only to describe the environment a trader may encounter. The site does not execute trades, hold money or provide customer support for any broker. Any decision to open an account, deposit funds via PayID or bank transfer, or use leverage up to 1:200 is yours alone, made after reading the broker's own product disclosure and legal documents.

Liability Is Limited to the Extent Australian Law Allows

Yarra Course provides the site as it is, and to the extent the law permits we are not liable for trading losses, lost profits or any decision you make after reading the material. Trading gold with leverage carries a real risk of loss that can exceed your initial margin, and that risk sits with you, not with an educational publisher. We do not guarantee that any figure, formula or description is free of error or remains current, and we do not promise that the site will be available without interruption.

Where liability cannot lawfully be excluded, such as under the Australian Consumer Law, nothing in these terms attempts to exclude it, and our liability is limited to the minimum the law requires. We are not responsible for the acts or omissions of a broker, a platform such as MT4, MT5, cTrader or the FxPro app, or a payment service you use, and we do not control the price feed that determines your fills. If a third party changes its terms, leverage cap or entity structure, that is a matter between you and them.

The practical effect is that you should treat every number on the site as an illustration to check against your own broker's documentation before you act. The worked margin figure of about $85.50 for a 0.10-lot position at 1:200 depends on the reference price and the leverage cap in force, and your actual requirement will be calculated by your broker at the time of the trade. Reading the site does not create a client relationship, a duty of care or an advisory obligation of any kind.

The Site Is an Educational Reference, Not a Source of Trading Advice

Yarra Course publishes general information about gold (XAU/USD) and the mechanics of trading it, and nothing on the site is personal advice. We do not know your financial position, your goals, your tax situation or your tolerance for loss, so we cannot tell you whether any trade, leverage setting or funding decision is suitable for you. Every worked example, including the figure that a 0.10-lot gold position needs about $85.50 margin at 1:200, is an illustration of how the arithmetic works, not a recommendation to take that position or to use that leverage.

The site does not execute orders, hold client money or manage positions on anyone's behalf, so any trade you place happens on a broker's platform and under that broker's terms. When you see a reference price such as 4275.0 for XAU/USD, treat it as a snapshot for explaining pip values and margin, because the price you actually receive depends on the broker's feed, the time of day and market conditions. If you need advice tailored to your circumstances, speak to a licensed financial adviser; using this site is not a substitute for that conversation.

Everything here is written for a general Australian readership and is deliberately sober about risk, because gold trading with leverage can lose money quickly. A one-pip move on a standard lot is 0.01 in price and equals US$1 per lot, and because a standard lot is 100 oz, the dollar effect of a price move scales with your position size. That is the kind of mechanic we explain; what we cannot do is promise an outcome, describe a strategy as safe, or suggest that any particular cost or spread is favourable.

Limits of Liability in Plain Words

Yarra Course provides information on an as-is basis and does not guarantee that it is complete, current or free from error. To the extent permitted by law, we are not liable for any trading loss, missed opportunity or other damage you suffer from using this site or relying on its content. Trading gold with leverage carries a real risk of losing more than you deposit, and that risk sits with you. We do not control market prices, broker execution, platform availability or funding times, so we cannot accept responsibility for those outcomes.

Our liability is limited to the maximum extent allowed by the law that applies to you, and nothing in these terms excludes rights you have under the Australian Consumer Law that cannot be excluded. If a court finds a term unenforceable, the remaining terms continue. We are not liable for indirect or consequential loss, including lost profits, lost data or business interruption. You should keep your own records of trades, deposits and withdrawals, because we do not hold or verify any account information.

You agree to use the site lawfully and not to rely on it as a substitute for your own checks. We do not warrant that the site will be uninterrupted or that any file is free of harmful code. If you access third-party sites through links, their terms and privacy practices apply, not ours. Before trading, confirm the margin requirement for your chosen position size; at 1:200, a 0.10-lot gold position needs about $85.50 margin, and that figure depends on the broker's live rate and your account currency.

The Affiliate Relationship in Full

Yarra Course earns money through affiliate links, which means we may receive a payment if you click a link to a broker or platform and later open an account or meet that partner's qualifying conditions. This payment comes from the partner, not from you, and it does not change the price you pay for anything. The relationship is disclosed so you can weigh our content knowing we have a commercial interest in some of the links. Not every link on the site is an affiliate link, and we do not accept payment to alter factual explanations.

An affiliate payment does not buy a favourable description of any cost, spread, commission or swap. We do not state numbers for those items because they depend on the broker, the account type, market conditions and the instrument, and they can change. Where we mention FxPro, it is because it is the broker named in our reference material, not because a payment makes it suitable for you. Any affiliate arrangement is separate from the educational content, and you should assume a link may generate revenue for us.

You are never obliged to use an affiliate link. If you prefer, you can go directly to a broker's website and open an account there; the information on this site remains the same. Before funding any account by PayID or bank transfer, read the broker's own fees, client agreement and regulator disclosures. Remember that FxPro is licensed by the FCA (UK) and CySEC. It does not hold an ASIC licence, so Australian residents deal with an offshore entity — check this before funding.

The Law That Applies to These Terms

These terms are governed by the laws of Victoria, Australia, and you and Yarra Course submit to the non-exclusive jurisdiction of the courts of that state. If you access the site from another country, you are responsible for complying with your local laws, and we make no representation that the content is appropriate or available there. The governing law does not override any mandatory consumer protection you have where you live, including the Australian Consumer Law where it applies.

Nothing on this site is an offer or solicitation to trade in any jurisdiction where that would be unlawful. The regulator caveat applies to Australian readers: FxPro is licensed by the FCA (UK) and CySEC. It does not hold an ASIC licence, so Australian residents deal with an offshore entity — check this before funding. That means your dealings with the broker are governed by the broker's own client agreement and the law named in it, not by these site terms. We do not provide advice on which law applies to your broker relationship.

If a dispute arises about your use of this site, you agree to raise it with us first in writing so we can try to resolve it informally. The laws of Victoria govern how that dispute is handled, and the courts of Victoria may hear it. This choice of law does not limit any right you have to bring a claim in another forum where the law gives you that right. Always read the broker's separate legal documents, because they can name a different governing law and a different dispute process.