XPro Markets Broker Review：Regulated

Summary：XPro Markets is a forex platform in South Africa. This article evaluates XPro Markets on aspects like corporate entity, domain registration, licenses, staff, software, and trading products.

XPro Markets Overview：

XPro Markets and its affiliated company, IGM Forex Ltd, are registered in South Africa and Cyprus, respectively. While the registration information cannot be verified through the South African government's official website, the results from the third-party business data provider SA Company website confirm the authenticity of the South African registration. Similarly, the Cyprus Company and Intellectual Property Registration Office (Companies Section) website verifies the genuine registration information of IGM Forex Ltd in Cyprus.

Domain Registration of XPro Markets：

According to the Whois query, the official website domain of the company was registered on May 1, 2019, and it has been more than 4 years since the registration.

Is XPro Markets Compliant and Legal? Does it hold relevant financial regulatory licenses?

XPro Markets' official information indicates that the company is regulated or authorized by the Financial Sector Conduct Authority (FSCA) in South Africa, and its affiliated company, IGM Forex Ltd, is regulated or authorized by the Cyprus Securities and Exchange Commission (CySEC). The query results from the FSCA and CySEC websites confirm the authenticity of the regulatory or authorization information obtained by both companies from these institutions.

Employees of XPro Markets：

XPro Markets has not disclosed its corporate personnel information.

Trading Software Provided by XPro Markets：

According to XPro Markets' official information, the company offers a self-developed Webtrader trading software that supports both desktop versions (Windows/MacOS) and mobile versions (IOS/Android).

Online Reputation and Client Complaints：

Traderknows found some negative user reviews about XPro Markets on other social media platforms.

Trading Products Provided by XPro Markets：

XPro Markets' official website indicates that the company provides trading services for forex, metals, commodities, stocks, and indices. In addition, the XPro Markets website not only specifies the trading products covered by forex, metals, commodities, stocks, and indices but also provides information on the minimum and maximum trading units, overnight interest rates, and spreads for specific trading products under different accounts.

Contact Information：

Investors can contact XPro Markets through：

phone
email

Conclusion：

XPro Markets is a trading platform registered in South Africa and Cyprus, regulated or authorized by the Financial Sector Conduct Authority (FSCA) and the Cyprus Securities and Exchange Commission (CySEC), respectively. Although the South African government website does not provide relevant registration information, third-party data sources such as the SA Company website confirm the authenticity of the South African registration, and the Cyprus Company and Intellectual Property Registration Office verify the genuine registration of IGM Forex Ltd in Cyprus. XPro Markets, established in 2019, offers a diverse range of trading tools according to its official website, including a self-developed Webtrader trading software. However, the company has not disclosed information about its corporate personnel. Negative user reviews on social media platforms suggest that investors should exercise caution and verify relevant information before trading with XPro Markets. Currently, XPro Markets is marked as "operating normally" on Traderknows.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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Written byTraderKnows

Created date:2023-12-13 07:13

Last Updated:2024-05-14 05:47

Independent Analysis: Manually researched and fact-checked by the TraderKnows Compliance Team, based on public regulatory records.

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