Skip to content
Broker news. Connected. RSS feed
FXBROKERS

A clearer view of the broker industry.

Broker directoryForex & CFD

XPro Markets: tier spreads, steep inactivity fees and withdrawal conditions

XPro Markets is the trading website of South African company Ukuchuma Financial Services. Its five commercial account tiers share high published leverage, but the December 2024 fee schedule introduces substantial monthly dormancy charges. The May 2025 agreement also contains withdrawal limits, sub-account set-off and trading restrictions that materially qualify the simpler website summaries.

By FXBrokers.ai Editorial DeskOperating status: ActiveSources checked Published Updated
Profile scope

XPro Markets is the trading website of South African company Ukuchuma Financial Services. Its five commercial account tiers share high published leverage, but the December 2024 fee schedule introduces substantial monthly dormancy charges. The May 2025 agreement also contains withdrawal limits, sub-account set-off and trading restrictions that materially qualify the simpler website summaries.

  • Published inactivity charges rise from USD 100 to USD 250 and USD 500 per month at successive thresholds.
  • The agreement specifies a USD 100 withdrawal minimum; the FAQ gives a lower card minimum, so the public terms conflict.
  • FSCA’s 2025 impersonation warning identifies xpromarkets.com as the genuine website, not the clone named in that notice.

Accounts and eligibility

Sections ↑

Classic, Silver, Gold, Platinum and VIP are pricing/service tiers, not separate regulatory classifications. The FAQ gives USD 250 as the opening deposit. Public documents disagree on parts of the withdrawal procedure and country eligibility, so approval should identify the actual governing terms.[1][10][5]

At a glance01

Commercial tiers and EUR/USD spread figures

Commercial tiers and EUR/USD spread figures
ItemPublished terms
Classic / Silver2.5 pips on the account comparison.Source 1
Gold1.8 pips.Source 1
Platinum1.4 pips.Source 1
VIP0.9 pip. These are advertised figures, not independently measured average fills.Source 1
At a glance02

Opening and account currencies

Opening and account currencies
ItemPublished terms
Minimum fundingUSD 250 or equivalent in account currency, according to the FAQ.Source 10Source 1
Account currenciesUSD, EUR, CHF and GBP.Source 10Source 1
Without fundingThe FAQ permits sign-up for demo use, not unfunded live trading.Source 10Source 1
At a glance03

Age and identity scope

Age and identity scope
ItemPublished terms
AgeThe FAQ requires clients to be over 18.Source 10Source 5
Account acceptanceThe agreement requires an accepted application; legal entities and natural persons are contemplated.Source 10Source 5
LanguageThe English agreement prevails over informational translations.Source 10Source 5

View full spreads & trading costs

Markets and contract specifications

Sections ↑
At a glance04

Published CFD markets

Published CFD markets
ItemPublished terms
FX and commoditiesCurrency pairs, metals and commodity price contracts.Source 1Source 5
Indices and sharesBenchmark and individual-equity CFDs.Source 1Source 5
CryptoCrypto-price derivatives are advertised; a CFD does not establish wallet custody of the underlying coin.Source 1Source 5
At a glance05

Tier comparison: non-FX quote units

Tier comparison: non-FX quote units
ItemPublished terms
Gold, Classic to VIPThe table shows 2.8 down to 1.4 in its quote convention.Source 1
Oil, Classic to VIPThe table also shows 2.8 down to 1.4.Source 1
Unit limitationThe page does not justify treating these numbers as USD cost per contract or as standard FX pips.Source 1
At a glance06

Trade-size bounds

Trade-size bounds
ItemPublished terms
Published minimum0.01 lot.Source 1Source 5
Published maximum50 lots per trade.Source 1Source 5
Contract meaningThe instrument specification, not the account tier name, determines the notional value of one lot.Source 1Source 5

Spreads, commissions and account charges

Sections ↑
At a glance07

Inactivity tariff, December 2024 document

Inactivity tariff, December 2024 document
ItemPublished terms
First monthNo inactivity charge in the 0–1 month band.Source 3
After 30 daysUSD 100 per month or account-currency equivalent.Source 3
After 60 daysUSD 250 per month.Source 3
After 180 daysUSD 500 per month.Source 3
At a glance08

What counts as inactivity

What counts as inactivity
ItemPublished terms
TriggerNo deposit, withdrawal or newly opened position for at least one month.Source 3
DeductionThe fee can be deducted from funds held for the client.Source 3
ConsequenceA small unattended balance can be substantially reduced even without a market trade.Source 3
At a glance09

Withdrawal charges

Withdrawal charges
ItemPublished terms
Cards and e-walletsPublished firm fee 0%.Source 3
Wire transferUSD 30 or equivalent in account currency.Source 3
Third partiesBank/payment-provider charges remain payable by the client.Source 3
At a glance10

Dealing and overnight costs

Dealing and overnight costs
ItemPublished terms
Commission headlineAccount page advertises 0% dealing commission.Source 1Source 3
SpreadStill payable through the bid/ask difference.Source 1Source 3
Holding chargesVariable swap; the fee document describes fixed overnight charges for commodities and indices and triple Wednesday rollover.Source 1Source 3
At a glance11

Illustrative EUR/USD spread cost

Illustrative EUR/USD spread cost
ItemPublished terms
AssumptionOne standard lot, USD 10 per pip, no financing or slippage.Source 1
Classic at 2.5 pipsUSD 25.Source 1
VIP at 0.9 pipUSD 9; the difference is USD 16 per lot, not a guarantee of achieved savings.Source 1

Platforms, execution and margin

Sections ↑
At a glance12

Published leverage ceilings

Published leverage ceilings
ItemPublished terms
FXUp to 1:400.Source 1
Metals, indices and commoditiesUp to 1:200.Source 1
Stocks/equitiesUp to 1:5.Source 1
Same across tiersThe displayed leverage schedule does not give VIP a different maximum.Source 1
At a glance13

Margin controls

Margin controls
ItemPublished terms
Margin levelEquity divided by used margin, multiplied by 100.Source 8Source 1
Warning level100%; the margin document says the firm is not obliged to issue a margin call.Source 8Source 1
Stop-out20%, with automatic closure without prior notice; an illustrative 10% example elsewhere in the PDF is not the stated operative threshold.Source 8Source 1
At a glance14

Platform and chart limitations

Platform and chart limitations
ItemPublished terms
InterfaceThe current navigation promotes Webtrader.Source 2Source 1
Execution claimThe tier page uses an NDD label; this is not an independent execution-quality audit.Source 2Source 1
Chart priceThe account page warns that Platinum charts show market spreads without markup; displayed chart prices need not equal the complete dealing price.Source 2Source 1
At a glance15

Restricted strategies in the agreement

Restricted strategies in the agreement
ItemPublished terms
Abusive-trading definitionIncludes certain pre-news stop orders, arbitrage and exploitation of faster/slower feeds.Source 5
AutomationThe May 2025 text expressly restricts software, including AI tools, interacting with the company’s systems under its abusive-trading definition.Source 5
Practical scopeA technical ability to automate does not constitute contractual permission.Source 5

Deposits and withdrawals

Sections ↑
At a glance16

Deposit methods and currency

Deposit methods and currency
ItemPublished terms
MethodsCards, wire transfers and alternative payment methods.Source 10Source 3
CurrenciesEUR, USD, CHF and GBP.Source 10Source 3
Firm deposit feeThe general-fee document states no deposit charge, while external processing/conversion may still apply.Source 10Source 3
At a glance17

Withdrawal minimum: unresolved document conflict

Withdrawal minimum: unresolved document conflict
ItemPublished terms
May 2025 agreementAll trading-account withdrawals subject to USD 100 minimum or equivalent.Source 5Source 10
FAQUSD 10 for card, USD 100 for wire; e-wallet amounts must cover applicable fees.Source 5Source 10
Reader implicationThe lower card threshold is not consistently supported by the contract.Source 5Source 10
At a glance18

Withdrawal timing: processing versus receipt

Withdrawal timing: processing versus receipt
ItemPublished terms
AgreementProcess within five working days after a complete request, counted from the next working day if received outside trading hours.Source 5Source 10
FAQQuotes around eight to ten business days and notes bank variation.Source 5Source 10
Additional documentationA request can be cancelled if requested information is not supplied within one week.Source 5Source 10
At a glance19

Withdrawal restrictions with positions open

Withdrawal restrictions with positions open
ItemPublished terms
Available balanceMargin requirements and fees must remain covered.Source 5
Agreement capWithdrawal must not exceed 80% of the balance, excluding non-withdrawable credit, while positions remain open.Source 5
DestinationClient’s own originating account or approved own-name bank account; third-party withdrawals prohibited.Source 5
At a glance20

Refunds and unfinished verification

Refunds and unfinished verification
ItemPublished terms
Refund scopeOctober 2021 policy covers deposits where no orders were executed, less applicable fees; it does not refund trading losses.Source 9
Verification deadlineThat policy gives 15 days to provide requested opening documents, after which the application can be declined and available funds returned.Source 9
TimingThe historical refund policy also specifies five working days, subject to its conditions.Source 9

Legal entities and client protection

Sections ↑
At a glance21

Legal identity and authentic website

Legal identity and authentic website
ItemPublished terms
CompanyUkuchuma Financial Services (Pty) Ltd; registration 2020/735868/07.Source 2Source 4
Permission referenceFSP32535, identified by FSCA in its 8 August 2025 impersonation warning.Source 2Source 4
Genuine domainThe authority notice says Ukuchuma operated exclusively through xpromarkets.com; swisstradecapital.net was the impersonator.Source 2Source 4
At a glance22

Negative-balance protection and sub-accounts

Negative-balance protection and sub-accounts
ItemPublished terms
PromiseAgreement guarantees protection against losses/costs above the total trading-account balance.Source 5
Cross-account effectFunds may be moved between sub-accounts to cover a deficit, potentially causing stop-out or currency-conversion costs elsewhere.Source 5
Abuse provisionThe agreement reserves further action for alleged abuse, including specified hedging patterns.Source 5
At a glance23

Jurisdictional boundary

Jurisdictional boundary
ItemPublished terms
South African licenceDoes not create Cyprus or UK investor-compensation eligibility.Source 2Source 5
Country exclusionsCurrent website excludes South Africa, Japan and the EU; the agreement lists further countries and describes discretionary unsolicited EU requests.Source 2Source 5
Unresolved routeThat contractual language does not establish universal EU eligibility or a right to be onboarded.Source 2Source 5

Support and complaints

Sections ↑
At a glance24

Contact and formal complaint route

Contact and formal complaint route
ItemPublished terms
Support[email protected]; +27870948672. The legal page also lists +27101573383.Source 5Source 2Source 6
Formal complaintThe procedure requires its complaint form and warns that other submission methods may not be accepted.Source 5Source 2Source 6
AcknowledgementWithin five business days.Source 5Source 2Source 6
At a glance25

Complaint investigation

Complaint investigation
ItemPublished terms
TargetOutcome within two months.Source 6
DelayA holding response explains why more investigation is needed and gives an expected completion time.Source 6
EvidenceThe policy requires cooperation and may request clarification or supporting information.Source 6

Research, automation and managed services

Sections ↑
At a glance26

Existing-client bonus entry

Existing-client bonus entry
ItemPublished terms
EligibilityExisting fully verified client who has made a deposit; discretionary offer.Source 7
ActivationContact the account manager and verify telephone number.Source 7
Credit timingUp to 48 hours after conditions are met; prior bonuses may be replaced or made non-withdrawable.Source 7
At a glance27

Bonus retention and cancellation

Bonus retention and cancellation
ItemPublished terms
VolumeWithin 30 days, required opened notional volume is bonus amount in USD multiplied by 2,000.Source 7
InactivityPlan terminates after 15 days of inactivity.Source 7
Transfers/withdrawalsInternal transfers cancel the credit; a withdrawal exceeding earned profits can trigger cancellation.Source 7
Margin effectRemoving credit can cause stop-out; the bonus document disclaims liability for that consequence.Source 7

Company identity and operating history

Sections ↑
At a glance28

Company addresses in the documents

Company addresses in the documents
ItemPublished terms
Current legal-page officeOffice 1–14, first floor, Workshop 17,138 West Street, Sandown, Sandton, Gauteng 2196.Source 2Source 5
Additional agreement contact addressUnit 16B7, Sinosteel Plaza,159 Rivonia Road, Morningside, Sandton 2146 appears in the agreement.Source 2Source 5
InterpretationThese are differently described contact/registered addresses, not evidence of separate licensed issuers.Source 2Source 5
The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

Ukuchuma Financial Services (Pty) Ltd

South AfricaSource 2Source 4

Licences and regulatory records for Ukuchuma Financial Services (Pty) Ltd
Issuer & identifierRecorded statusDate & scope
Financial Sector Conduct Authority32535AuthorisedChecked 27 Oct 2026The FSCA notice dated 8 August 2025 identifies the authorised FSP and authentic website; current detailed product permissions were not independently rendered.Source 4

Additional information

Sections ↑
At a glance29

Bonus turnover illustration

Bonus turnover illustration
ItemPublished terms
Example creditUSD 100.Source 7
Required 30-day notional volumeUSD 100 ×2,000 = USD 200,000 under the retention clause.Source 7
Not a cash entitlementMeeting a retention requirement is not by itself proof that the credit becomes withdrawable.Source 7
Follow the evidence

Sources & further reading

  1. Classic account and full tier comparison XPro Markets (official website) · Accessed 27 Oct 2026
  2. Published legal-document directory XPro Markets (official website) · Accessed 27 Oct 2026
  3. General fees policy XPro Markets (official website) · Accessed 27 Oct 2026
  4. FSCA 2025 impersonation notice naming authorised operator and genuine site XPro Markets (official website) · Accessed 27 Oct 2026
  5. Client agreement, updated May 2025 XPro Markets · Accessed 27 Oct 2026
  6. Complaints procedure for clients XPro Markets · Accessed 27 Oct 2026
  7. Existing clients trading bonus plan XPro Markets · Accessed 27 Oct 2026
  8. Margin information and close-out thresholds XPro Markets · Accessed 27 Oct 2026
  9. Refund and cancellation policy, October 2021 XPro Markets · Accessed 27 Oct 2026
  10. Deposits, withdrawals and account FAQ XPro Markets · Accessed 27 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

Report an error or submit an update