WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

XPro Markets

South Africa|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|Suspicious Overrun|High potential risk|

https://www.xpromarkets.trade/

Website

Rating Index

Contact

+27 870948672
support@xpromarkets.com
https://www.xpromarkets.trade/
Office 1-14 1ST Floor Workshop17, 138 West Street, Sandown Sandton Gauteng 2196, South Africa

Licenses

Licensed Institution:Ukuchuma Financial Services (PTY) LTD

License No.:32535

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
South Africa
Operating period
2-5 years
Company Name
UKUCHUMA FINANCIAL SERVICES (PTY) LTD
Abbreviation
XPro Markets
Company employee
--
Customer Service Email Address
support@xpromarkets.com
Contact number
0027870948672
Company address
Office 1-14 1ST Floor Workshop17, 138 West Street, Sandown Sandton Gauteng 2196, South Africa
Keywords 5
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
Suspicious Overrun
High potential risk
Website
Company Summary
Review

Users who viewed XPro Markets also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
XM
XM
Score
9.05
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

MultiBank Group

8.95
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
MultiBank Group
MultiBank Group
Score
8.95
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

Vantage

8.65
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Vantage
Vantage
Score
8.65
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

VT Markets

8.51
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
VT Markets
VT Markets
Score
8.51
  • 5-10 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

Website

  • xpromarkets.trade

    Server Location

    United States

    Website Domain Name

    xpromarkets.trade

    Server IP

    104.26.14.81

  • xpromarkets.website

Company Summary

Note: Regrettably, the official website of XPro Markets, namely https://www.xpromarkets.com/, is currently experiencing funXPro Marketsonality issues.

Aspect Information
Company Name XPro Markets
Registered Country/Area South Africa
Regulation FSCA (Suspicious Clone)
Market Instruments N/A
Trading Platforms N/A
Demo Account N/A
Customer Support Twitter https://twitter.com/XProMarkets, Facebook https://www.facebook.com/XProMarkets, and Instagramhttps://www.instagram.com/xpro_markets/
Deposit & Withdrawal N/A

What is XPro Markets?

XPro Markets is a company registered in South Africa. However, there are concerns about its legitimacy due to suspicions regarding its status as a clone of authorized entities, regulated by the Financial Sector Conduct Authority (FSCA).

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

What is XPro Markets?

Pros & Cons

Pros Cons
/ FCA (Suspicious Clone) and LFSA (Suspicious Clone)
Higher risk
Inaccessible website

Pros:

N/A

Cons:

Suspicious Clone: XPro Markets may not have obtained proper authorization or regulatory approval, posing risks to traders who engage with the platform.

Higher Risk: The lack of regulatory protection and scrutiny increases the vulnerability of traders, making it riskier to engage with XPro Markets compared to regulated brokers.

Inaccessible Website: A website that experiences frequent accessibility issues may disrupt trading activities and negatively impact the user experience. Traders may struggle to find information about the broker's services, trading conditions, or regulatory status, leading to uncertainty and frustration.

Is XPro Markets Safe or a Scam?

There are significant concerns regarding XPro Markets as a broker. The Financial Sector Conduct Authority regulation associated with their license appears to be a suspected clone, which raises suspicions about their legitimacy. (License Type: Financial Service Corporate; License License Number: 32535)

Is XPro Markets Safe or a Scam?

Additionally, the inaccessibility of their official website raises doubts about the reliability and trustworthiness of their trading platform. Therefore, investing with XPro Markets carries a higher level of risk due to these factors.

Customer Support

XPro Markets offers customer support through various social media platforms, including Twitter, Facebook, and Instagram.

Twitter (https://twitter.com/XProMarkets): Clients can reach out to XPro Markets' support team via Twitter for quick responses and updates. The platform allows for direct messaging and public mentions, providing a convenient way to interact with the company and stay informed about news and announcements.

Facebook (https://www.facebook.com/XProMarkets): XPro Markets maintains an active presence on Facebook, where clients can engage with the company through posts, comments, and direct messages. The platform offers a more casual and interactive environment for communication, allowing clients to ask questions and receive assistance.

Instagram (https://www.instagram.com/xpro_markets/): XPro Markets also utilizes Instagram as a customer support channel, providing clients with visually appealing content and updates. Clients can direct message the company on Instagram for inquiries, support, or general information.

Conclusion

In conclusion, XPro Markets presents several concerning factors that traders should consider before engaging with the platform. The suspicion surrounding its status as a clone of authorized entities, coupled with its lack of regulatory oversight, raises doubts about its legitimacy and authenticity.

This implies higher risks for traders, including the potential for financial losses or fraudulent activities.

FAQs

Q: What are Clone Brokers?

A: The primary aim of clone brokers is to lure unsuspecting investors into depositing funds or providing personal and financial information, which can then be used for fraudulent activities such as unauthorized trading, identity theft, or financial fraud. Clone brokers may use various tactics to attract victims, such as offering unrealistically high returns, promising guaranteed profits, or using aggressive sales tactics.

Q: How can I contact XPro Markets' customer support?

A: You can reach XPro Markets' customer support through various social media platforms, including Twitter (https://twitter.com/XProMarkets), Facebook (https://www.facebook.com/XProMarkets), and Instagram (https://www.instagram.com/xpro_markets/).

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Suspicious Overrun
  • High potential risk
Write a comment
1
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com