XM offers all clients the MetaTrader 4 platform as standard. This is the most popular charting and execution software among forex traders, used by over half a million people around the globe, and provides a wide range of features that will allow you to analyze the markets and implement your trading ideas.
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The MetaTrader platform is supported across a full range of popular devices, so whether you want to trade on the move from your smartphone or run CPU intensive EAs from a dedicated desktop, XM can offer the right platform solution for your needs.
Eight different versions of the XM MT4 platform software are offered, including Windows and Mac operating systems, Android and iPhones, and multi-terminal systems. For those who want a zero-fuss, no-download introduction, there’s also the XM MT4 Webtrader.
5 Reasons to Trade Forex with XM MetaTrader 4
Here are five good reasons why the XM platform stands out as a great choice for both new and experienced traders who want to make the most of MetaTrader:
If you like to place orders and manage trades from different devices including your smartphone, you’ll love the fact that XM enables you to access all 8 different versions using just one single, convenient login.
With speed of execution such a priority for XM, this is a brokerage service that is highly suited to EA traders, and the MT4 platform fully supports automated trading strategies.
Built in News
Live, streaming economic news feeds are built in to the platform, so you can easily keep abreast of all the announcements and events that are impacting on global financial markets without the need to even switch windows.
In addition to the built in help guides from the software company Metaquotes, the broker provides extensive support on its website, with a series of instructional videos covering everything from the initial download and installation to complex trailing stop methodologies.
XM MT4 Demo Account
If you’re not sure whether the XM MT4 platform will suit your trading style then open a demo account to find out. This provides access to a fully functional version of the MT4 software and allows you to practice trading in a risk free virtual environment.
If you trial MetaTrader 4 and decide not to open a real account with XM, then you’ll still have acquired easily transferable execution skills, as this platform is offered by almost every forex brokerage out there.
Trade Securely with XM MT4
As well as the speed and efficiency of the XM forex MT4 environment, you’ll also be able relax knowing that your money is in the hands of secure and well regulated broker. XM is partnered with a number of investment grade banks, and your funds will be stored in segregated accounts separate from the company’s own capital.
As a ‘retail client’, the funds you deposit will be insured by the Investor Compensation Fund up to a total of €20,000. You’ll also benefit from negative balance protection, which means that whatever may happen you can never lose more money than is in your account.