XM’s MT4 and MT5 are compatible with all devices

MT4/MT5: Download, Installation, and Login Instructions

The world’s most popular
trading tool

1. Supports automated trading

   A vast selection of EAs (automated trading systems) available

   One of MT4’s greatest features is its extensive selection of EAs (Expert Advisors) for automated trading. EAs and custom indicators can be obtained from numerous trader communities, or you can create your own using the proprietary programming language, MQL4. MT4 makes it easy to develop a unique trading system based on your own algorithms.

2. A wide range of indicators

   Over 50 indicators
   included as standard

   XM’s MT4 comes with 50 built-in technical indicators, including trend indicators and oscillators. You can display multiple indicators simultaneously on a single chart, greatly expanding your analytical capabilities. MT4 offers a wide range of indicators, from standard tools like moving averages and RSI to less commonly used analytical indicators such as chart patterns and candlestick formations.

3. Multiple order types available

   Supports multiple orders and one-click ordering

   XM’s MT4 supports three types of orders: market orders, limit orders (Buy Limit/Sell Limit), and stop orders (Buy Stop/Sell Stop). In addition to one-click order placement for new trades, you can set take profit (T/P) and stop loss (S/L) levels for existing positions, as well as use trailing stops and partial close functionality.

4. Highly customizable

   Supports a variety of chart objects

   XM’s MT4 allows you to display a variety of chart objects, such as horizontal lines, trend lines, and Fibonacci retracements. Like indicators, these objects can be fully customized to suit your preferences and strategy, including line color, thickness, and style. By adding comments to track changes, you can build your own knowledge base of past analyses.

5. Independent window display

   Multiple charts can be displayed simultaneously in separate views

   XM’s MT4 allows you to display multiple charts simultaneously within a single platform. You can view different currency pairs or multiple charts of the same pair with varying time frames and zoom levels. Each chart operates independently, allowing you to apply different indicators, EA settings, and other configurations to each chart without affecting the others.

6. Unifying trading tools

   Trade a wide range of stocks

   XM’s MT4 allows you to trade not only FX currency pairs but also a wide range of investment products offered by XM, including commodities, stock indices, precious metals, energy, and cryptocurrencies (note: stock CFDs are only available on MT5). This enables efficient management of your investment funds, centralizes risk settings, and—XM’s unique advantage—allows you to benefit from shared bonus incentives.

1. User-friendly trading environment

   Dramatically enhanced processing speed

   XM’s MT5 offers significantly improved processing capabilities compared to MT4, resulting in faster application performance and a more comfortable trading environment. Even during high-load operations that previously caused delays, MT5 provides a smooth, stress-free experience without freezes or lags.

2. Enhanced analytics

   Supports 21 different time frames

   XM’s MT5 offers enhanced chart analysis capabilities compared to MT4. While MT4 had only 9 timeframes ranging from 1 minute to 1 month, MT5 expands this to 21 detailed timeframes, including 2 minutes, 3 minutes, 20 minutes, and 2 hours, allowing for more precise and granular analysis.

3. Greatly expanded verification options

   Enhanced Strategy Tester

   MetaTrader includes a Strategy Tester that lets you evaluate the performance of your automated trading system (EA: Expert Advisor) using historical price data over a chosen period. MT5 enhances this function by allowing cross-testing across multiple symbols and timeframes, and significantly expands the number of test metrics, including maximum drawdown and maximum forward movement.

4. Enhanced technical indicators

   Over 80 indicators
   included as standard

   XM’s MT5 offers a significantly larger selection of indicators, with over 80 built-in technical indicators. Multiple indicators can be displayed simultaneously on a single chart, allowing for more comprehensive analysis by combining trend, oscillator, and candlestick techniques.

5. Enhanced chart display

   New features added, including undockable windows

   XM’s MT5 introduces new features not found in MT4, including undockable charts and mini chart displays. Undocking allows charts to operate independently and be positioned anywhere on your screen. The mini chart feature facilitates easy multi-timeframe analysis, and numerous other enhancements further support advanced trading strategies.

6. Enhanced order functionality

   Adding a Stop Limit Order

   XM’s MT5 now supports stop-limit orders in addition to the three order types available in MT4 (market, limit, and stop orders). Stop-limit orders are highly effective for buying on dips and selling on rallies, helping traders reduce risk and minimize missed opportunities.

While many trading instruments are available on both MT4 and MT5, stock CFDs can only be traded on MT5 accounts. MetaTrader 5 also offers numerous additional features that benefit traders. As a next-generation global standard platform, MT5 continues to evolve, incorporating enhancements such as expanded information in quote and data windows, improved alert functions, and the ability to view upcoming economic indicator releases directly within the platform.

XM MT4/MT5 FAQ