Question 1

What is the difference between MT4 and MT5?

Accepted Answer

MT4 is the classic platform known for forex trading, with 30+ indicators and 4 order types. MT5 is the next generation with 38+ indicators, 21 timeframes, 6 order types, and depth of market (DOM) feature. MT5 is better for multi-asset trading and offers more advanced analysis tools.

Question 2

Can I use Expert Advisors (EAs) on all platforms?

Accepted Answer

Expert Advisors are available on MT4 and MT5 desktop and web platforms. They are not supported on mobile apps or the XM App. You can run EAs 24/7 using our VPS hosting service.

Question 3

Is the XM App different from MT4/MT5 mobile apps?

Accepted Answer

Yes. The XM App is our proprietary mobile trading application with a simplified interface. MT4 and MT5 mobile apps are the mobile versions of the full MetaTrader platforms with more advanced features and indicators.

Question 4

How do I download the trading platforms?

Accepted Answer

You can download MT4, MT5, and the XM App from your Members Area after creating an account. Mobile apps are also available in the App Store (iOS) and Google Play Store (Android). All downloads are free.

Question 5

Can I use multiple platforms simultaneously?

Accepted Answer

Yes! You can log into multiple platforms at the same time using the same trading account. For example, you can have MT4 desktop open while monitoring positions on the mobile app.

Question 6

What devices are supported?

Accepted Answer

MT4 and MT5 are available for Windows PC, Mac, Linux, iOS, Android, and web browsers. The XM App is available for iOS and Android devices. All platforms work seamlessly across devices.

Question 7

Are the web platforms as powerful as desktop versions?

Accepted Answer

Web platforms offer most features of desktop versions including charts, indicators, and order execution. However, desktop platforms support Expert Advisors and custom indicators, which are not available on web platforms.

Question 8

How secure are the trading platforms?

Accepted Answer

All XM trading platforms use 256-bit SSL encryption for data transmission. Your account is protected by your password, and you can enable two-factor authentication (2FA) for extra security.

Question 9

Can I customize the platform interface?

Accepted Answer

Yes! Both MT4 and MT5 allow extensive customization including chart colors, indicator settings, workspace layouts, and hotkeys. You can save your custom templates and use them across devices.

Question 10

What should I do if the platform is not working?

Accepted Answer

First, check your internet connection and firewall settings. Make sure you're using the latest platform version. If issues persist, contact our 24/7 support team or check the server status in your Members Area.

Feature	MT4	MT5	XM App
Order Types	4	6	4
Technical Indicators	30+	38+	30+
Timeframes	9	21	9
Expert Advisors (EAs)	✓	✓	✗
Economic Calendar	✓	✓	✓
One-Click Trading	✓	✓	✓
Depth of Market	✗	✓	✗
Push Notifications	Mobile Only	Mobile Only	✓

Advanced Trading Platforms

Choose Your Platform

MetaTrader 4

MetaTrader 5

XM Mobile App

All Platforms Include

Fast Execution

Secure Trading

Advanced Charts

Multi-Language

Available on All Devices

Desktop

Web Trader

Mobile

Start Trading with XM Today

Detailed Platform Comparison

Advanced Trading Tools

Expert Advisors

VPS Hosting

Trading Signals

Trading Platforms FAQ