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XPro Markets Review

XPro-Markets
XPro-Markets

XPro Markets Review

71% of retail investor accounts lose money, …

XPro-Markets

XPro Markets

4.7

Overview

Regarding trading forex, selecting a reputable online broker is paramount for success in the global currency markets. The choice of a trusted forex broker plays a crucial role, especially for contract for difference (CFD) traders and forex investors who may have specific requirements related to platforms, trading tools, and research capabilities. Therefore, it is essential to consider your investment style and determine the forex broker that best aligns with your trading goals.

By understanding your preferences and requirements, such as the trading platform features, technical analysis tools, educational resources, customer support, and regulatory compliance, you can make an informed decision about the forex broker that suits your needs.

Remember, trading with a trusted and reliable forex broker provides a solid foundation for your trading activities and enhances your overall trading experience in the dynamic and fast-paced world of international currency markets.

Let’s scratch out one of these brokers to smooth your journey.

What are XPro Markets?

XPro Markets is an online brokerage firm offering several trading platforms. XPro Markets, despite its youth, has already earned the confidence of over 10,000 traders worldwide. 

The broker provides a diverse range of CFDs for maximising investments. XPro ensures fairness by eliminating commissions and hidden fees. Access to the renowned MT4 trading platform, cutting-edge tools, comprehensive educational resources, and effective trading strategies are all at the trader’s disposal. The profits and achievements rest solely in the trader’s hands.

XPro markets offer four types of trading accounts to trade according to the pocket size, benefits and trading psyche. These accounts vary from Classic to Platinum, involving silver and Gold. The broker also provides higher leverage of 1:400 and a lower spread for more considerable liquidity in the market.

Do XPro markets look like a trusted broker to us?

The XPro market is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa and operated by UKUCHAMA FINANCIAL SERVICES (PTY) LTD. It was established in 2022, and has made a considerable impact on the traders even though being a newbie in the forex industry. The broker’s regulation makes it more transparent and trustable than its competitors, which must be more effectively regulated.

XPro Markets endeavors to guide traders through bottomless market opportunities, offering an ample selection of trading assets and delivering real-time notifications about the most attractive offers.

Our recommendation: Trading at XPro Markets Review

  • Tight spreads and High leverage
  • Informed learning on the website
  • Several account types to choose from
  • Neat regulation 
  • 24*5 customer support
XPro-Markets

Advantages and disadvantages of XPro Markets Review

  • Tight Spreads and Leverage up to 1:400
  • Analytical tools, live charts, and timely price notifications ensuing registration
  • No limitations on the number of positions you want to open
  • 24*5 customer support
  • Minimum $250 deposit
  • Lacks MetaTrader 5

 Account Types Offered by XPro Markets? 

ACCOUNT TYPES CLASSIC SILVER GOLD PLATINUM VIP
SPREADS 2.5 0.07 0.05 0.03 0.9
LEVERAGE 1:400 1:400 1:400 1:400 1:400
COMMISSION 0% 0% 0% 0% 0%
HOT ASSETS 750 750 750+ 750+ 750
DEPOSIT LIMITS No Deposit limit No Deposit limit No Deposit limit
SWAP DISCOUNT 50%

XPro Markets: Account Opening Process

To open an account on XPro Markets, follow these steps:

  • Click the “Register now” button on the broker’s official website.
  • Fill in a short form that appears, providing the required personal information.
  • The accounts team will review your application.
  • Once your application is verified, a team member will send you your account details.

Deposit Methods & Minimum Requirements 

XPro Markets offers you to deposit via Credit/Debit Cards, Wire Transfers and APMs. Furthermore, it enables traders to deposit in USD/EUR/JPY. 

The minimum deposit to deposit in XPro Markets is $250.

Traders can also trade without depositing any funds in a Demo account.

How Can You Withdraw Funds?  

 The minimum withdrawal amount for Credit Cards is set at 10 EUR/USD. On the other hand, wire transfers have a minimum withdrawal limit of 100 EUR/USD. Withdrawals exceeding the deposited amount or any surplus funds can be processed through a bank transfer, whether it is for credit cards or e-wallets.

Our recommendation: Trading at XPro Markets Review

  • Tight spreads and High leverage
  • Informed learning on the website
  • Several account types to choose from
  • Neat regulation 
  • 24*5 customer support
XPro-Markets

What Can Be Traded On XPro Markets?

Forex

Access a wide range of CFDs for significant currencies such as GBP, EUR, and USD, along with over 45 additional currency pairs. Benefit from zero commissions and enjoy free deposits. Take advantage of cross-platform trading capabilities, available on PC, web, and smartphone, ensuring flexibility and convenience. With full 24-hour access, seize opportunities in the global Forex market around the clock.

Commodities

Trade CFDs on popular commodities like Oil and Corn and over 20 other commodities. Enjoy the advantage of zero commissions and free deposits. Full 24-hour access to the global commodities market enables you to seize opportunities anytime.

Indices

Gain access to market trends and trade on correlated indices, such as DOW 30, NASDAQ, S&P 500, and more, without the need to trade each one individually. XPro customises traders’ trading experience to align with their needs and trading plans. XPro gives freedom to open positions without limitations. The market is at your fingertips, ready for you to seize the opportunities it holds.

Metals

XPro markets offer traders to trade CFDs for various underlying metals, including Gold, silver, platinum, or any other metal based on the trader’s preference. 

XPro markets propose traders maintain control over the number of open positions, stay informed about the latest news, and establish desired Stop Loss and Take Profit levels. 

Shares

XPro Markets offers traders CFDs on popular stocks like Apple, Netflix, and many other shares, offering traders diverse options.

The broker gives you the advantage of zero commission and free deposits.

Cryptocurrency

XPro markets offer traders the ability to trade CFDs on the hottest cryptocurrencies, including Bitcoin, Litecoin, Ethereum, and 25+ others. There’s no need to engage in crypto mining, make direct investments, or purchase the assets themselves. Instead, speculate on price movements and capitalise on your predictions of market fluctuations to generate profits. 

Xpro Markets Fees, Commissions & Spreads

Withdrawal fees

 

              METHOD         APPLICABLE FEES
CREDIT CARD

DEBIT CARD

PREPAID CARD

                      3.5%
WIRE TRANSFER               30 USD/EUR/GBP
E-WALLETS                   3.5%/2%

 

INACTIVITY FEES

 

          Inactivity Period             Monthly Trading Inactivity Fees
0 to 1 month                     0
1 to 2 months                   80 USD/EUR/GBP
2 to 6 months                   120 USD/EUR/GBP
6 to 12 months                   500 USD/EUR/GBP
Over 12 months                   1000 USD/EUR/GBP

Available Trading Platforms

MetaTrader 4

MetaTrader4 offers various execution modes, markets and pending orders, catering to the diverse needs of traders. With the widest selection of trading applications globally, MT4 suits traders at all experience levels.

Embark on the Forex trading journey with XPro Markets, leveraging the reliability and efficiency of the MT4 platform. Experience fast trading execution without re-quotes or partial fills. Enjoy the flexibility of accessing the platform anytime, anywhere, through web, Windows, and mobile applications available for Android and iOS devices.

Maximise trader’s trading capabilities with MT4’s features, including the ability to hedge positions and seamlessly run multiple Expert Advisors (EAs) and indicators 24/5.

Mobile trading

XPro does not offer a mobile app for trading.

Company Details

Assets

  • Forex
  • Commodities
  • Cryptocurrencies
  • Stocks
  • Indices
  • Metals

Basics

  • Country: Cyprus
  • License:  309/16
  • Regulation: CySEC

Customer Service

Our recommendation: Trading at XPro Markets Review

  • Tight spreads and High leverage
  • Informed learning on the website
  • Several account types to choose from
  • Neat regulation 
  • 24*5 customer support
XPro-Markets

Educational And Research Resources

Irrespective of whether the trader is a novice entering the world of trading or an experienced trader, Xpro caters to the trader’s needs. XPro provides a wide range of resources to support learning journeys, including online courses, tutorials, articles, e-books, and video-on-demand (VOD) content, tailored to all expertise and areas of interest.

Traders can transform their knowledge into practical skills by utilising Xpro’s Practice account, allowing traders to apply and refine their trading theories without cost. Traders can use this free opportunity to gain valuable experience and enhance their trading abilities.

Customer Support

  • Phone number: +27870948672,+27101573383
  • LiveChat

 

Conclusion

XPro Markets is the perfect platform to begin and advance your trading career. What sets XPro Markets apart is its commitment to providing traders with extensive studying opportunities. From a wide range of educational materials, online courses, tutorials, articles, and e-books to video-on-demand (VOD) content, a wealth of resources is available to enhance your knowledge and trading skills.

One exceptional feature of XPro Markets is the fully operational Practice account. This account allows you to apply your boldest strategies without fearing losing real money. It is a risk-free environment where you can gain practical experience, test different trading approaches, and refine your skills.

Moreover, XPro Markets fosters a supportive trading community. Traders can engage with fellow members, share insights, and learn from each other’s experiences. This collaborative atmosphere creates an environment where traders can grow, develop, and thrive.

Yes, it is possible, but only through Demo Account.

You can deposit in USD/EUR/GSY.

XPro markets offer a 1:400 range of leverage on all accounts.

Yes, you can withdraw at any time but you should have sufficient margin in your account to cover the withdrawal amount and any extra fees.

Yes, XPro is regulated by the Financial Sector Conduct Authority, South Africa.

Traders can deposit through Credit/Debit cards, WireTransfers and Alternate Payment Methods on XPro Markets.

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3

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