Brokers  /  XPro Markets

XPro Markets

Severe risk
🇿🇦 South Africa · 2-5 years · since 2022-03-31 · Ukuchuma Financial Services (PTY) LTD
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Independent ratingshow third parties score this broker
WikiFX2.16/10
Trustpilot/5
85
Severe risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • 12 user exposure/complaint reports filed
  • Withdrawal complaints in ~107% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age4515%
Clone / impersonation10012%
Withdrawal & exposure complaints10012%
Offshore registration458%
Transparency (site/info/social)2510%
Real-user sentiment908%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameUkuchuma Financial Services (PTY) LTD
Headquarters🇿🇦 South Africa
Founded2022-03-31
Years operating2-5 years
Employees0
Official websitexpromarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
Office 1-14 1ST Floor Workshop17, 138 West Street, Sandown Sandton Gauteng 2196, South Africa

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSCADerivatives Trading License (EP)32535South AfricaRegulated

Review analysis AI

Across 14 recent Trustpilot reviews, 79% are 1–2 star. The single most common complaint is being unable to withdraw funds (15 reports) — the classic warning sign in forex. We also found 2 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users complain about
What users praise
Where reviewers are from
Colombia3
Costa Rica1
Hong Kong1
South Korea1
Taiwan1
Mexico1

Real user reviews

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About XPro Markets

XPro Markets is a forex and CFD broker based in South Africa, with records dating to 2022-03-31. It reports oversight from FSCA.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Finally, beware of impersonation: we tracked 2 clone website(s) copying XPro Markets. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full XPro Markets review