The account this site links to
This site links to FxPro, an international broker. The account is a way to trade gold as a contract for difference. This page explains what that means and what to check before opening one.

A pattern on the gold chart, beside an order that needs a size and a stop
A pattern drawn on a chart is not an order. An order is placed on the trading platform, and the platform's order ticket carries its own fields for a stop loss and a take profit. The chart shows what price has done; the order ticket is where you say what you will do if price moves against you. The two are separate, and a pattern does not fill in the order ticket for you.
The order ticket asks for a size, and the size is your decision. It also asks for a stop loss and a take profit, and those fields are empty until you fill them. A hurried user can skip them, but then the position has no protective exit. The platform will not invent a stop for you. The pattern on the chart is not a substitute for the fields on the ticket.
Why gold quoted as a contract on its price delivers no tola and has no making charge
FxPro quotes gold as a contract for difference. Nothing is delivered, weighed, stored or exchanged at a counter. You are not buying a tola of gold, and you are not paying a jeweller's making charge. You are taking a position on the price of gold, and the position is settled in money. The difference between the price when you open and the price when you close is your profit or loss, less the broker's costs.
Because it is a contract, there is no tola, no ten-gram bar, and no receipt from a sarafa. The price is the international gold price in US dollars, and your account is in the currency you choose. The contract is a way to trade the price without owning the metal. That also means you have no claim on any physical gold, and you cannot take delivery.
What to read in the terms before an account is opened from Pakistan
Before opening an account, read the terms. The terms say what the broker charges, how it handles your money, and what happens if the platform is down. They also say which regulator oversees the broker. This site does not state that FxPro is licensed, registered or supervised in Pakistan, and does not name a regulator that is not in the broker's own documents. You should check the broker's legal page yourself.
The terms also say what identification is required. Opening an account requires identification and takes a day or two. A practice account exists and costs nothing, and it is a way to see the platform before you commit money. But the practice account does not reproduce every condition of a live account, and the terms are the place to find the differences.
The platforms: MT4, MT5, cTrader, FxPro Edge and the mobile app
FxPro offers the MT4, MT5 and cTrader platforms, the FxPro Edge web platform and a mobile app. The same chart can be opened in several places, and each platform has its own order ticket. The patterns on this site are drawn on the daily gold chart, and you can open the same chart on any of these platforms. The platform does not draw the pattern for you; it draws the price, and you see the shape yourself.
The mobile app is one way to trade, but a small screen hides some of the chart. The timeframe buttons change what you see, and a pattern on an hourly chart is not the same as a pattern on a daily chart. The descriptions on this site are for the daily chart, and the platform's default may be different. You can set the chart to daily, and the same candles will appear.
| Item | FxPro (XAU/USD) |
|---|---|
| Gold | XAU/USD |
| Min deposit | Low entry · bank transfer |
| Platforms | MT4, MT5, cTrader, FxPro app |
| Regulation | FCA, CySEC, FSCA |
FxPro is not licensed by the Securities and Exchange Commission of Pakistan. An account is opened with a company regulated outside Pakistan - the group is authorised by the FCA in the United Kingdom and CySEC in Cyprus - so a resident here deals with a foreign firm and the protections of a locally licensed one do not apply. Sending money abroad for trading is subject to State Bank of Pakistan foreign exchange rules. Nothing on this site is investment advice.
Open an account to act on a pattern
A pattern on a chart is not an order. To place a trade, you need an account with a broker. This site links to FxPro, an international broker that quotes gold as a contract for difference. Opening an account requires identification and takes a day or two.
Read the terms first →