XPro Markets

Overview

XPro Markets is a Forex and CFD broker that began operations in 2022. The broker offers a wide range of trading options including high leverage, no commission trading, and sophisticated platforms. There are concerns about some of the limited regulatory transparency and mixed reviews of the company from users.

Summary

Established in 2022, XPro Markets is owned and operated by UKUCHUMA FINANCIAL SERVICES (PTY) LTD and provides its clients with access to over 160 CFD instruments that cover all major asset classes including Forex, Stocks, Indices, Commodities, and Cryptocurrencies. XPro Markets has various educational and trading tools designed to help both novice and experienced traders succeed in their trading activities.

What Instruments Are Available for Trading?

Asset Type Number of Instruments Examples

Forex Over 45 Currency Pairs majors, minors and exotics

Stocks 100+ Global Companies

Cryptocurrencies 30+ (BTC, ETH, Futures)

Indices 15+ (Dow30, Nasdaq, S&P500)

Commodities Over 20 Energy, Metals, Cocoa, Coffee

Accounts and Platforms

XPro Markets has four or five account types, but no ECN and no cent accounts are offered. The accounts can all be maintained and funded in USD, EUR, GBP and CHF.

The available trading platforms include:

MT4 (Classic)

Proprietary WebTrader

Mobile Applications for Both iOS and Android

Tools: There are more than 90 tools and features dedicated to market analysis and trading, a trading central, signals and an economic calendar.

Additional Service Features

24/7 Compatibility with Multiple Languages.

Bonus offers, contests and educational services.

Regulatory Status

Currently XPro Markets does not have an established license from any of the top-regulatory organizations.

Regulatory Authority License Number Current Status

FCA (UK) Not Provided Unverified

CySEC (Cyprus) Not Provided Unverified

ASIC (Australia) Not Provided Unverified

All Other Regulators Un-Provided Unverified

Trading Conditions

Trading Parameters Details

Spreads From 0.03 pips

EUR/USD 2.5 pips (Classic) → 0.9 pips vip)

Leverage Up to 1:400 (Forex); 1:200 (Metals/Indices/Commodities); 1:5 (Stocks/Crypto).

Minimum Deposit $250

Method of Order Execution Market/NDD

Margin Call 100% Stop Out: 20%

Fees

The broker promotes no commission/hide fees associated with deposits, however, many users have reported about hidden costs incurred when trading.

Type of Fees Details

Deposit Fees Completely No Deposit Fees

Withdrawal Fees Not Clear; Complaints by Users

Commissions $0 on all trades & deposit

Inactivity Fees Charged; Amounts Not Published

Swap Fees Many Users Have Stated Swap Overcharged

User Reviews

User reviews are mixed. Some of the positives listed by users include:

Ability to Trade a Large Variety of Instruments

High Leverage with No Commissions

Availability of MT4 and Sophisticated Trading Tools.

Some of the negatives listed by users:

Withdrawals Have Been Delayed or Cancelled

High Swap Fees and Maintenance Fees

Unclear Regulation

Issues with Support: Negative Reviews

Recent Changes

Expansions in the areas of Education and Available Instruments, but no Major Regulatory Updates/Announcements in 2024 and 2025 Reported. Continuing to receive complaints from users about withdrawal issues.

Conclusion

Overall XPro Markets provides strong Leverage, diverse Asset Types, and Various Features and Advanced Tools for Platform Use. That said, traders should conduct extensive due diligence before opening an account with XPro Markets due to the lack of regulatory clarity and numerous customer complaints regarding withdrawals.