Name of Broker – XPro Markets
Website – https://xpromarkets.com/
Address – Office 1-14 1ST Floor Workshop17, 138 West Street, Sandown Sandton Gauteng 2196, South Africa
Owned by the – Ukuchuma Financial Services (PTY) Ltd & IGM Forex Ltd
Warning Issued By – Not Recommended By Review Website Like All Scam Reports
XPro Markets Domain Status:
|Date Registered||May 01, 2019|
|Domain Age||3 years, 3 months, 21 days, 1 hour, 26 minutes, 1 second|
If you are thinking to invest with XPro Markets but avoid the scams, read the XPro Markets Review and get to know about the scam activities of broker in detail.
XPro Markets Review: Introduction
XPro Markets is an online trading broker and is owned by Ukuchuma Financial Services (PTY) Ltd. The company is located in South Africa and the website can be found at https://xpromarkets.com/. They can be contacted by email at firstname.lastname@example.org and by phone number at +27870948672.
XPro Markets claims to be offering forex, commodities, indices, and cryptocurrency trading. But unfavorable trading conditions and unnecessary charges leave it a long way behind the competition. XPro Markets has very few advantages that cannot compensate for the obvious disadvantages. They also claim to be legit and regulated by the FSCA, but we found that XPro Markets is a potential scam broker and might be involved in scam activities. Read a complete XPro Markets review to learn more about this broker.
XPro Markets Review: Trading Account and Conditions
XPro Markets offers four types of trading accounts to their clients, which include classic, silver, gold, and VIP. But the problem is that this broker does not provide the information about its requirements for upgrading to a higher package with more favorable terms. The minimum deposit amount of XPro Markets is $250 for all accounts, which are higher than the other regulated broker.
XPro Markets Review: Regulated License
If you are searching for an online trading platform, it is important to check the broker’s regulated license for avoiding the risk of forex scams, cryptocurrency scams, or other online scams. XPro Markets claims to be regulated by an authority like FSCA, but they do not provide services in the US, Canada, Australia, Israel, and certain EU member states due to high-risk or potential legal sanctions. All these points show that they are a potential scam broker and might be involved in scam activities.
How does the XPro Markets scam work?
Scam brokers usually can contact you through different mediums like online advertisements, social media, phone calls, or email. If you are interested in these ads, they call you to invest money with them. If once you invest money with them, their demand will increase day by day for more money to invest.
At one point you will realize that they are not reliable and when you want to withdraw money with them, you will understand that you were cheated by a scam brokers, or you are a victim of a Cryptocurrency scam, Forex scam, Investment scam, Romance scams, Gift card scams, or any other online scams. We advise you to always check the broker’s regulated license on the regulator’s site before investing money with them.
XPro Markets Review: Customer Review and Rating
With this review and after reading all the negative and positive XPro Markets reviews, All Scams Report found that this broker may not be legit and might be a potential scam broker.
We examined XPro Markets broker online and find that this broker might be involved in scams. Hence we included this broker in our list of scam brokers 2022 to avoid these scams.
How can I recover money from a scam broker?
If you are a victim of a scam broker, fill out a complaint form on the All Scams Report website. Our experts will provide you a free consultation, and we will guide you in the process of fund recovery.
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