Corrections Policy

How we fix errors

If we publish a factual error, we correct it in place on the same page and add a dated note at the bottom of that section. The note says what was changed and when, so a reader can see that the page was updated. We never silently edit a number or a sentence without leaving that note.

A correction is only for something that was wrong at the time of writing. For example, if we wrote that a funding method is accepted and it was not, we would correct that. If the broker changes its policy later, that is not an error; it is a change, and we handle changes differently.

How to report an error

To report an error, send a message to editor@naijagoldsteps.com with the page URL, the exact sentence or figure you believe is wrong, and a source that shows the correct information. The source should be a broker document, a regulator page, or another primary source, not a forum post or a rumour.

We do not promise a response time, but we read every report that follows this format. If the error is confirmed, we fix it and add the dated note. If the report is vague or lacks a source, we may not act on it.

Changes vs errors

A condition that merely changed since our check is a re-check, not an error. For example, if FxPro removes a funding method or changes a leverage cap, we do not call our old page wrong; we re-check the broker and update the page with a new dated note that says the information was re-checked on a new date.

This distinction matters because trading conditions are not static. A reader should always verify the current terms with the broker before opening an account, and our pages show the date each fact was read so the reader can judge how fresh it is.

What naijagoldsteps.com logs as an error

An error worth logging is any statement on naijagoldsteps.com that gives a reader a wrong number, a wrong rule, or a wrong name about trading gold in Nigeria. That includes a misquoted pip value for XAU/USD, a wrong margin figure for a 0.10 lot at the leverage cap we reference, or a wrong regulator for FxPro. It also includes a broken formula, a currency code shown as NGN instead of ₦, or a claim that a local funding method works when it does not. If a fact came from our source list and we copied it wrongly, that is logged. If a fact was never in our source list, that is a bigger error and it is logged with a note that it was unsupported. We do not log style preferences, wording that could be clearer, or a reader disagreeing with our risk warning. The test is simple: does the page now say something that is factually false about the instrument, the broker, the leverage, or the funding rails?

A wrong leverage ratio is always logged. Our page states that the maximum leverage available in Nigeria is up to 1:200 via the offshore entity, and we mention that one review cited 1:30 or 1:20 caps which we could not verify. If we accidentally wrote 1:500 or 1:100 as the cap, that is an error because it changes how much margin a trader needs. At 1:200, a 0.10-lot gold position needs about $85.50 margin; at a different ratio that figure would be wrong. We log the exact sentence that contained the wrong ratio and the date we fixed it. We also log any error that swaps the pip size for gold. One pip for XAU/USD is 0.01, not 0.1 or 1.0. A beginner who reads a wrong pip size will calculate profit and loss in naira incorrectly, so that is a high-priority error.

An error about local funding is logged when we name a method that is not in our approved list or claim a method is instant when it is not. Our facts allow only these funding methods for Nigerian traders: local NGN bank transfers, Visa/Mastercard debit cards, e-payments, and crypto. If a page says you can fund with USSD or a cheque, that is an error because those are not in our list. We also log an error if we state a minimum deposit amount, a spread number, a commission, or a swap as a fact. We were not given any of those numbers, so any such statement is unsupported and must be removed. The correction log records what the unsupported claim was and when it was taken down.

How each correction is recorded and dated

Every correction on naijagoldsteps.com gets a dated entry in the public correction log, and the entry shows the exact change. The log is a simple list: each entry has the date the correction went live, the page URL, the heading of the section that changed, and a one-line description of what was wrong and what it says now. We use the date format day-month-year, so a fix made on 12 June 2025 is recorded as 12-06-2025. The log is updated within 24 hours of the change going live, and we do not backdate entries. If we find an error that has been live for two weeks, the log shows the date we fixed it, not the date we made it. This keeps the record honest.

Each correction entry also shows who made the fix, but we do not publish personal names. The entry shows the role of the person who corrected it, such as content editor or fact-checker, and the time the correction was published. For example, an entry might read: 12-06-2025, page /gold-margin, section 'Margin example', corrected leverage from 1:100 to 1:200. The old 1:100 ratio was unsupported; the correct cap is 1:200. We do not delete the old version; we keep a copy of the page as it was before the fix so that anyone can compare. The log is the public face of that internal record.

The dating rule is strict: the date on the correction log is the date the corrected text went live on the site, not the date we noticed the error or the date a reader reported it. If a reader reports an error on 1 June and we verify and fix it on 3 June, the log shows 3 June. We also add a note if the error was reported by a reader, but we do not name the reader. The log is archived monthly, and old entries stay online forever. This means a reader can check whether a page they saw last month has been changed since. The archive is part of the same public log and uses the same format.

Correction versus update: how we tell them apart

A correction is when we change a fact that was wrong on the day we published it. An update is when we change a fact that was right on the day we published it but has since become outdated. On naijagoldsteps.com, a correction might be fixing a pip value that we wrote as 0.1 when it should be 0.01. That was wrong from the start. An update might be adding a new funding method to the list because FxPro started accepting it. The old list was right when we wrote it, but it is no longer complete. We label corrections with the word 'Correction' in the log and updates with the word 'Update'. This distinction matters because a correction tells you we made a mistake, while an update tells you the market or the broker changed.

The correction log only records corrections, not updates. Updates are recorded in a separate change log on the same page, but they are not called corrections. For example, if the maximum leverage in Nigeria changes from 1:200 to 1:100 because FxPro changes its policy, that is an update. Our page would say the new cap and the date it changed. But if we had written 1:100 from the start when the real cap was 1:200, that is a correction. The two logs are side by side so readers can see what was a mistake and what was a legitimate change. We never relabel a correction as an update to make ourselves look better.

A reader can tell the difference by looking at the wording in the log. A correction entry says what was wrong and what it was changed to, with the word 'Corrected'. An update entry says what was added, removed, or changed because of new information, with the word 'Updated'. If a page used to say 'FxPro is licensed by the FCA, CySEC and FSCA' and we later add 'confirm any broker on the SEC Nigeria register', that is an update because the original statement was true but incomplete. If we had omitted FSCA from the start, that would be a correction. The date on an update entry is the date we added the new information, not the date the information became true.

Why the correction log stays public on naijagoldsteps.com

The correction log stays public because trading gold on leverage is high-risk, and a wrong fact can cost a Nigerian trader real naira. If we wrote a wrong margin figure and a trader used it to size a position, they could lose more than they expected. By keeping the log public, we let every reader see exactly what we changed and when. This is not about covering our mistakes; it is about making sure no one acts on an old, wrong version of a page. A reader who saw a page last week can check the log and see if anything they relied on has been corrected. That is a basic duty for a site that explains leverage, margin, and pip values.

A public log also keeps us honest. When every correction is dated and described, we cannot quietly edit a page and pretend the error never existed. If we write that a 0.10-lot gold position needs about $85.50 margin at 1:200, and we later find that number is wrong, the log will show the old number and the new one. Readers can compare and judge for themselves. This is important in Nigeria, where many traders are beginners and may not know how to verify a broker's regulator or a margin formula. The log is a form of accountability that costs us nothing but gives readers a way to check our work.

The log is also public because the regulator caveat we give for FxPro is not a guarantee. We say FxPro is licensed by the FCA, CySEC and FSCA, but we also say to confirm any broker on the SEC Nigeria register. If that caveat ever changes, the log will show the update. A reader who is deciding whether to fund an account with a local NGN bank transfer or a debit card can see that we corrected a funding method error in the past and that we take accuracy seriously. The log is not a marketing tool; it is a record of changes that protects the reader and the site. We keep it public because hiding corrections would be worse than making them.

What a reader should do after seeing a correction

A reader who sees a correction in the log should first check the date of the correction against the date they read the page. If you read the page before the correction date, the information you saw may have been wrong. For example, if the log shows a correction on 15-06-2025 that fixed a pip value from 0.1 to 0.01, and you read the page on 10-06-2025, you should recalculate any profit or loss you estimated using the old pip value. The correction log entry will tell you the exact old and new values, so you can see the difference. Do not assume your earlier calculation is still valid; redo it with the corrected number.

A reader should also check whether the correction affects a trading decision they already made. If you sized a 0.10-lot gold position based on a wrong margin figure, and the log shows that figure was corrected, you should review your account balance in naira. The correct margin at 1:200 is about $85.50, which is roughly 128,000 naira at an exchange rate of 1,500 naira per dollar, but the exchange rate changes daily. The log will not give you a new naira amount; it will give you the corrected dollar amount and the correct leverage ratio. You must convert using the current rate. If you are unsure, contact your broker or use the margin calculator on the FxPro platform.

A reader should not panic when they see a correction. Most corrections on naijagoldsteps.com are small fixes to numbers or wording, not changes to the core risk warning. The core warning is always the same: trading gold on leverage is high-risk, and you can lose more than your deposit. A correction to a pip value or a margin figure does not change that warning. If a correction changes a broker's regulator or a funding method, you should verify with the broker directly before depositing. Use the SEC Nigeria register link we provide and check FxPro's own website. The correction log is a tool to help you stay accurate, not a reason to stop trading.

How we decide if a change is a correction or an update

We decide a change is a correction when the old text was false at the time we published it. That means we check the source we used and compare. If our source said the pip for XAU/USD is 0.01 and we wrote 0.1, that is a correction. If our source said the maximum leverage is up to 1:200 and we wrote 1:100, that is a correction. If our source did not give a spread at all and we wrote 'the spread your account type carries', that is a correction because we made an unsupported claim. The test is simple: did we contradict our own source or invent a fact? If yes, it is a correction. We log it as such, with the source reference if needed.

We decide a change is an update when the old text was true at publication but is no longer true because the facts changed. For example, if FxPro adds a new funding method for Nigerian traders, our list of funding methods changes. The old list was correct when we wrote it, so we do not call it an error. If the maximum leverage in Nigeria changes from 1:200 to 1:100, that is an update. The old number was right; the new number is now right. We record updates in a separate change log, not in the correction log. The correction log is only for mistakes we made. This keeps the record clean and tells readers whether we were wrong or the world changed.

Sometimes a change is both a correction and an update, and we split it into two entries. For example, if we wrote a wrong minimum deposit and also the broker changes its minimum deposit, we first log the correction for the wrong number, then log the update for the new number. We do not merge them into one entry because that would hide the mistake. The correction entry says what the wrong number was and that it was unsupported. The update entry says the new number came from a broker announcement. This is rare, but when it happens, we are transparent about both. The reader sees exactly what we got wrong and what changed for legitimate reasons.