XPro Markets Review and Information 2023

	XPro Markets
Voting Rating	XPro Markets does not participate in the Forex Rating Submit Forex Broker
Reviews Rating
Regulation	FSCA
Trading software	MetaTrader4, WebTrader
Headquartered	Office 1-14 1ST Floor Workshop17, 138 West Street, Sandown Sandton Gauteng 2196, South Africa

At XPro Markets you have the opportunity to discover over 160 top-trending CFDs in Stocks, Forex, Indices, Commodities, and Cryptocurrency Futures. Established in 2022, XPro Markets aspires to empower traders with highly educational resources and latest-technology tools, so they can enhance their trading knowledge and skills. Traders can choose from 4 different customizable account types, depending on their own needs and trading strategies. With a variety of trading videos, eBooks, and courses, both beginners and more experienced traders can level up their trading skills. The financial markets are full of challenges, demanding determination and confidence.

With XPro Markets’ trading signals, economic calendar, and market news, traders and investors can stay updated on everything that can affect the prices of their favourite CFD assets. XPro Markets is authorized and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa. As a trusted and professional forex company, financial transactions and personal information are securely handled.

XPro Markets Trading Information 2023

WWW	https://xpromarkets.com/
Address	Office 1-14 1ST Floor Workshop17, 138 West Street, Sandown Sandton Gauteng 2196, South Africa
Headquarters	South Africa
Free phone	+27 870948672
24 hour support
Partnership programs
Free education
Mobile trading
Automated trading
Demo account
24/5 trading
Scalping
Hedging
Digits after the dot in quotes	5
Minimum position size	0.01
Spread Type	Variable
Pip spread on majors	0.1-2
Maximum Leverage	400
STP, $	250
ECN, $
Standard account, $	250
Mini account, $	250
Popular payment methods	Credit/ Debit Card, APMs or Wire Transfers
Account currencies	EUR, USD
Available assets	FOREX, Indices, Commodities, Shares, Cryptocurrency Futures
Languages	English, Arabic, Deutsch, Russian, Spanish, Portuguese, French, Polish, Chinese Traditional, Chinese Simplified, Tagalog, Japanese, Indian, Indonesian, Vietnamese, Malay, Korean, Thai
Platforms	MetaTrader4, WebTrader
Broker type	Broker
Regulation	FSCA
Foundation	2022

XPro Markets Reviews and Comments

I want to share my experience with Xpromarkets, a trading company that I invested $15000 with and lost all of it in just four months. I had a terrible time with this company as I found that the positions I gained didn't even cover the cost of the swaps, and during these four months, they changed six agents for my account without even informing me. I had to repeat everything to each one of them, which was a frustrating experience. The agents referred all the positions I opened, and the cost of the swap was more significant than my primary investment, resulting in a loss of almost $14,800 to swap costs. I find this experience quite absurd, and it makes no sense to me. I would like to advise everyone to be careful where and with whom you trade. Not all companies are trustworthy, and it's essential to do your research before investing your hard-earned money. Although I'm not complaining about the experience I went through, some things were not acceptable.
Marc B 11 May 2023 Reply

Trade carefully folks. This is a very risky area and trust me when I say this, you cannot just start with a mere USD 250 deposit as they have mentioned on their website. Once you deposit the initial USD 250 into your trading account that's when the game begins. 1. The account manager calls you and explains about the CFD trading. 2. Then they say that USD 250 is not enough as there should be good amount of free margin kept. (For example, if you deposit USD 1000 then only USD 250 out of it can be used for trading, rest has to be kept as free margin) So it's never just a USD 250 deposit. That's just to attract you and hook you onto the system. 3. The account manager does not try and understand the needs and risk appetite of the client. They directly start with some Forex Trading initially. 4. Once you start seeing some small profits, they keep on asking you to open new Forex Trades but the catch here is they don't tell you clearly till what time you have to do that. It so happens that you open a trade which was previously closed and then it stays open overnight and this is where the swaps charges are levied (which are quite a lot incase you don't have a Gold account). The trades don't close and the swaps keep on increasing. You are not told about this in the initial discussion. This is where you start losing lot of money as the trades even if they close in Profit the swaps charges are so much that they negate the trade completely. 5. Then there's Hedging. Few days into the trades and the account manager tells you to start hedging to mitigate the risk but this is a sinkhole. Not every trade closes and your floating P/L keeps increasing along with swaps charges. 6. During all this time, there are multiple reports all around the world once in a month (they don't tell you when the meetings/reports are due) based on which the market becomes quite volatile and because of this your principle amount and trades are impacted and your account manager aggressively starts telling you to deposit more money. It so happens that the amount is not just any amount. It's almost USD 4000-5000 everytime. 7. The Account managers even asks you to log into you back account, share your screen and they see all the account balance and other details. (Who does that?) They see all your Credit Card limits and everything and literally scare you by saying that we will lose all money if we don't deposit a certain amount. They also promise you that we will definitely make more money with this and recover the lost money. This is absolutely not true. You again are pulled into the same spiral again where more forex trades are opened and they don't close, you start hedging and swaps keep increasing. 8. Another drawback is you cannot call them whenever you wish you. You can only send them an email and wait for the to call or reply to the email. You are completely at their mercy. Please don't fall prey to what the account manager says. Join only if you have prior knowledge of trading otherwise you will lose your hard-earned money within no time. Trust me. I have lost approx. 17k USD completely. I am almost broke and finding it very difficult to make ends meet. I am in lot of debt now. Please, please be vigilant. These guys are there to rip you off your money by enticing you and giving false promises. Take care. Customer Number: CU1129332.
Bindu 24 Apr 2023 Reply

I want to share my experience with Xpromarkets, a trading company that I invested $15,000 with and lost all of it in just four months. I had a terrible time with this company as I found that the positions I gained didn't even cover the cost of the swaps, and during these four months, they changed six agents for my account without even informing me. I had to repeat everything to each one of them, which was a frustrating experience. The agents referred all the positions I opened, and the cost of the swap was more significant than my primary investment, resulting in a loss of almost $14,800 to swap costs. I find this experience quite absurd, and it makes no sense to me. I would like to advise everyone to be careful where and with whom you trade. Not all companies are trustworthy, and it's essential to do your research before investing your hard-earned money. Although I'm not complaining about the experience I went through, some things were not acceptable.

marc 20 Apr 2023 Reply

My mother was been contacted by Hamna from XPRO markets. Initially they say that you can withdraw the invested money anytime. When my mother approached to withdraw 250 $ the invested amount they have stopped connecting through mails or zoom ID.

Surekha sharma 19 Apr 2023 Reply

VIP Partners rewards - The luxury you deserve

The VIP Partners Rewards Contest allows Partners to enter the contest and win the returns they deserve for being a valued HotForex Partner. Few fresh deposits and some enthusiastic clients, eager to trade, can lead to fantastic luxurious prizes. If you enter the contest, all you need to do is wait for existing or some new clients to deposit and trade, and not only will you get the usual COMMISSIONS, but you will also secure some great REWARDS too!

Please do not invest on this platform. They are dishonest and only steal your money.
Tessa 7 Apr 2023 Reply

Thank you for warning me!
Gayle 19 Apr 2023

Overall, the experience with this such company was really bad and stressful didn't rest at all. They cheat by advertising on social media in the name of famous company of your country. They don't have a risk and money management. and they are letting the new beginners in this fields to put more and more money without any reason. No proper teaching about the trading, only they will give a brief information "the remaining from your searching" and tell you to open many and many unreasonable trades. And when i was about to lost they put me in a pressure to deposited more by "promissing" that this is the last deposit until I lost more than 50k. In addition to, they are changing managers from their own decision without relaying on the customer satisfaction and when they feel they are poor in managing. I will never forgot the words "Don't worry, you will never lost your money". Yes one more thing that they are not believing that you don't have money. The manager told you already deposit all this you can't add more excuse me! I am not recommending any beginners to deal with it. Because you will just follow them and trust them until last moment and at the end, they will they throw you in fire. Customer No: CU1045576
Aysh 21 Mar 2023 Reply

Dude, I have had the same experience. Lost USD 22,208 in a matter of 1 month.
Mayuresh 23 Mar 2023

Did you ask to close the account?
Samuel 31 May 2023

I am trying to withdraw my initial investment of 250 USD. Can anyone from the XPro Markets get in touch with me as soon as possible. Customer Number: CU1190200. Name: Sanish Moher
Sanish Moher 16 Mar 2023 Reply

XPro Markets is a big scam. Lost USD 22,208 in a matter of 1 month.
Mayuresh 23 Mar 2023

Hello, Did you get your 250usd back? I made a request for withdrawal last week. Still waiting.
Tessa 7 Apr 2023

It's true, a big fake company. just got joined, put the initial $250 fund, not yet completed all information, they just keep calling and sending email to deposit fund, the initial fund of $250 already gone, without any trading happen. Be careful, do not join and be hooked be them.
Ziz 10 Mar 2023 Reply

Do not invest in this company, they are scammers, they operate from Istanbul Turkey under another name, when you start they insist and insist to make you invest more money, money that you will lose because no one can withdraw, they burn your account at the end and disappear as they are abroad you will not be able to do anything, do not fall, it is a scam.
Gaby 8 Mar 2023 Reply

Beware! Don't invest or your money will be gone forever.
george esguerra 10 Feb 2023 Reply

What a fake company xpromarkets is. Just took away 5100 $ from and made me bankrupt. Such a liar cheater and fake account managers are there who so well make you emotional and keep luring for good profit and earning. Yes my greed and profit made me invest and lost complete money. Never ever trust it as its a fake trading platform with no market to trade. Software is just made to make people fool and invest. I am really repenting now as it is a great blunder of my life. Never ever trust anyone online.
Banglorean 8 Feb 2023 Reply

XPro Markets is a big scam. Lost USD 22,208 in a matter of 1 month. They lure you in quite nicely and then dry you out completely.
Mayuresh 31 Mar 2023

I requested withdrawal yesterday. Nothing has happened till now. Does it take so much time to process the withdrawal? Account# 70122231. Fund Managers are always unreachable for any help needed.

Mayuresh Angarkar 25 Jan 2023 Reply

Can you please let me know how you manage to withdrawn your money?
Michele 11 Apr 2023

Xpromarkets trustworthy broker, where i can trade easily and get the help whenever i need from support.

Kellian Moris 14 Dec 2022 Reply

Dear Kellian,

The Team at XPro Markets is grateful to receive such an amazing review.

Thank you,

XPro Markets
XPro Markets (Official) 15 December 2022

They know how to provide solutions. when i need something i get the right answer in no time!

Noah Karim 13 Dec 2022 Reply

Dear Noah,

Thank you for taking the time to review XPro Markets on Forex Ratings. We value your opinion and your review is greatly appreciated!

XPro Markets
XPro Markets (Official) 15 December 2022

Why Should Anyone Trade with Hotforex

HotForex is continuously establishing its position as a market leader and offers great trading conditions and competitive advantages to its clients which include, but are not limited to: tight spreads from as low as 0.1, flexible leverage options, top fund security measures, multiple account types, free educational resources, access to daily market analysis and many more!

How can I delete my account on your system? Your web doesn't showing delete account section.
HD 11 Dec 2022 Reply

Dear Customer,

Unfortunately, we could not investigate your case as you have not provided your trading account name. Please contact us directly through email (inquiries@xpromarkets.com) or our social media channels, letting us know of your customer ID and we will ask our Customer Support team to contact you directly.

XPro Markets
XPro Markets (Official) 13 December 2022

All XPro Markets Reviews

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