✔️ Information reviewed and updated in October 2024 by Pedro Martínez González
In this section we will inform you if we consider XPro Markets to be a safe or unreliable company. Read our full review for all the details!
We have thoroughly reviewed the website, paying attention to every detail and evaluating the main characteristics to consider when selecting a good broker, such as its location, parent company, regulation and reputation, among other factors.
Below, we will provide you with key information about XPro Markets and explain the reasons behind our conclusion.
Basic Information
| 🌐 Website | xpromarkets.com |
| 🏠 Company* | UKUCHUMA FINANCIAL SERVICES (PTY) LTD | IGM Forex ltd |
| ️ Regulatory | Regulated by FSCA and CySEC |
| [email protected] | |
| 📈 Platform | MetaTrader4 (MT4) |
| 📌 Address | South Africa and Cyprus |
| 🕑 Website age | Website registered at: 01-05-2019 |
| ❓ Company type | Forex Broker, Indices, Cryptocurrencies, Metals, Products and Stocks. |
XPro Markets claims to be linked to two companies: UKUCHUMA FINANCIAL SERVICES (PTY) LTD and IGM Forex Ltd. It also mentions having locations in South Africa and Cyprus, which are places considered high risk and not recommended for financial operations. If you decide to trust a company based in these countries, you should be aware that your money may not have any adequate protection, which is extremely risky. We urge you to think twice before committing to this company.
We are currently concerned about several features of XPro Markets and recommend that you proceed with caution.
What is XPro Markets?
After having carried out an analysis of the company's website, we can say that XProMarkets is a broker of: Forex, Indices, Cryptocurrencies, Metals, Products and Shares.
Account types
The company provides information about having different types of accounts.
| Account type | Leverage |
| classical | Up to 1: 400 |
| Silver | Up to 1: 400 |
| Gold | Up to 1: 400 |
| Platinum | Up to 1: 400 |
| VIP | Up to 1: 400 |
Information on the web
Here we show you a screenshot of the XPro Markets website, which is xpromarkets.com. The capture was made in August 2024.
Contact: phone numbers and email
After having performed an analysis of the website:
– We have found the following phone number: +27870948672 and +27101573383
– We have found the following email: [email protected]
* Regulation of Xpro Markets
We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion.
The company claims to be regulated by the FSCA and CySEC. However, these locations are known to have very lax regulations, meaning that in practice, the protection offered is minimal. Trading with a broker under these regulations is practically equivalent to working with one without any regulation. Consequently, if you choose to do business with a broker that has this type of regulation, you face considerable risk and almost non-existent protection. Therefore, in terms of regulation, this company turns out to be extremely dangerous and unsafe.
🚫 XPro Markets Final Valuation🚫
As you can see, we have carried out a detailed and complete analysis of the most important characteristics and we have reached the following conclusions about this company:
The company claims to be based in South Africa and Cyprus, two locations that are often considered high risk and less trustworthy in the financial sphere. These regions often lack strict and robust regulation, which can jeopardize the safety of investors.
In addition, the company declares that it is regulated by the FSCA and CySEC. However, the veracity of these claims is questionable. Since the information provided by the company seems to be full of inconsistencies and dubious data, this calls into question the authenticity of its regulation. The lack of rigorous regulation and possible false information about its headquarters and regulations suggest that the company may not offer adequate protection to its customers. Therefore, it is essential to be cautious and seriously consider these factors before committing to this company.
Updates
News about XPro Markets:
| Date | Update – news |
|---|---|
| - | At the moment we have no news about the company. |
Xpro Markets Video Review
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience.
At the end of the review you will find customer comments.
How to Claim Money from XPro Markets
If you have been scammed by XPro Markets and need to reclaim your money, or if you want to report the company due to poor service, we offer guidance in the FAQ section below. There you will find detailed advice on how to proceed in both cases.
To claim your capital, we will provide you with specific steps on how to file a formal complaint and what information is necessary to support your claim.
If you are dissatisfied with the service you received and wish to report the company, we will tell you how to contact the appropriate financial regulator and lodge a formal complaint. In our FAQ section, you will find all the information you need to address these issues effectively.
We also invite you to leave a comment sharing your situation with us.
Frequently Asked Questions
Are there (recommended) alternatives to XProMarkets?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
How can I report XProMarkets?
The process for reporting to XPro Markets varies depending on your geographic location. You must contact the relevant financial regulator in your country to file a formal complaint. These regulators are charged with supervising and taking action against financial entities that operate improperly or fraudulently.
Is XProMarkets reliable?
No, XPro Markets is not considered a trustworthy company. The company presents multiple warning signs that indicate a lack of security and transparency. In short, we consider that XproMarkets is a very unsafe broker.
How to recover money from XProMarkets?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Dette er garantert svindel. Oppdaget dette da jeg skulle ta ut profitt, som er grønne tall, og disse kom ut i minus på Balance. Please contact us for information via chat or mail, please do not hesitate to contact us.
Hold deg unna. Du går i «pluss kun de første dagene», så starter svindelen.
They are scammers, I have proof. I recorded all the sessions
Well, on other pages it says that it is obviously a SCAM. It cannot be that they recommend a site where the majority loses money just because, and a few "anonymous" infiltrators tell you that it is an excellent option, I see that the research is quite mediocre on this site.
Hello, the truth is that I made an investment and I have not generated any, I would like you to please me.
they will reimburse what was invested
I invested $250 dollars on October 25/2023. Initially, a man named KEVIN wanted me to continue depositing. I told him that I didn't have any more money because I am an elderly person and I only have a small pension. After this, this man, I don't know, he didn't contact me again and sent several emails to get my money back that I invested, I'm already a person of limited resources. I hope for some positive response
It is the same as xpromarket, without the “s”. Because this is a scam.
I barely invested, I don't know what's going to happen, but first of all, God, I'll have an answer soon. At the moment, I can't say if it's good or bad.
I do not recommend this company, they are scammers, taking advantage of people's needs, they claim to generate profits according to an amount, and after seeing that some profit is generated and the values that they tell investors are not invested, they simply They steal the invested capital without leaving a trace, and you write to the emails and they do not respond, they are thieves of the world, snatching the few resources that you have saved, I do not advise investing to anyone, that life charges them for every peso that they have stolen, and the God of life punish them for every theft from people and pay what they must pay for being thieves.
THEY ARE SCAMMERS, I IMAGINE THE OPINIONS HERE ARE THEIR OWN,
THEY MUST BE REPORTED,