XM offers two popular trading platforms for its global clients。Which one is best for you？What are the benefits of each platform?？

A trading platform, also known as trading software, is a computer software that allows you to buy and sell assets on the financial markets 24 hours a day。It is an important tool that every trader must use when trading, so choosing the right tool is essential to save time and make the trading process easier and more important。Nowadays, there are many options to choose from, depending on the broker you use。

XM is a reputable broker founded in 2009。Over the years, the company has acquired more than 5 million customers and currently operates in no less than 190 countries.。If you want to trade with this broker, you will see MT4 and MT5 on various devices。Choosing which platform requires you to understand the advantages of each platform and your trading needs as an individual trader。

XM Trading Platform

XM offers two popular trading platforms on the market, MetaTrader 4 and MetaTrader 5。The software is available on a variety of Windows, Mac, iPhone, iPad, and Android devices, allowing you to seamlessly access the marketplace across multiple devices using the same account and login credentials。

MetaTrader 4 (MT4)

MT4 is a well-known trading platform with many unique tools and features that can be tailored to the needs of various traders。Due to its popularity in the industry, often referred to as the "standard" platform for forex traders, many brokers now use it to stay competitive and keep abreast of the latest trends.。

XM is one of the first brokerage firms to offer the MT4 platform。In this broker, you can enjoy MT4 trading, no re-quotes, no rejections, and flexible leverage from 1: 1 to 1: 1000。The platform is available for PC, Mac, multi-terminal, WebTrader, iPhone, iPad, Android and Android tablets。

In short, XM's MT4 offers the following features:

• 1 login to access 8 different platforms / devices
  Trade with no less than 50 instruments
  Real-time market prices
  The ability to trade using micro-hand accounts
  Dot difference as low as 0 points
  User friendly interface for beginners

MetaTrader 5 (MT5)

MT5 was developed by MetaQuotes, which also developed MT4, but that doesn't mean MT5 is just an upgrade to MT4.。In fact, MT5 is a brand new platform designed to meet the diverse needs of a broader group of traders.。It offers a total of six asset classes, ideal for multi-asset traders。In addition to this, the platform adds many advanced features。

XM's MT5 platform has all the groundbreaking features offered on MT4, including no re-quotes and flexible leverage。However, thanks to advanced charts and tools, MT5 is more aimed at experienced traders。In this platform, you will find more indicators, more time frames and higher trading regimes。Platform for PC, Mac, WebTrader, iPhone, iPad, Android and Android tablets。

Here are the available features you can enjoy in the XM MT5 platform:

• 1 login to 7 different platforms / devices
  Trade with over 50 instruments across 6 asset classes, including equity indices, currency pairs, precious metals and energy
  Provide the latest quotes and economic calendars in depth of the market
  More than 80 analysis objects available

MT4 and MT5 comparison

FEATURES	MetaTrader 4	MetaTrader 5
Tradable assets	Foreign exchange, contracts for difference	Forex, CFDs, Stocks, Futures, ETFs, Cryptocurrencies, Options
Platform speed	32 bit	64-bit
Technical indicators	30	38
Graphic indicators	31	44
coding language	MQL4	MQL5
Time range	9	21
Economic calendar	None	有有
Chat with other traders.	None	有有
Algorithmic trading	有有	有有

MT4 is popular with traders。Multiple studies have found that more than half of traders worldwide use MT4 to trade, indicating that the platform is very trustworthy and suitable for almost any type of trader.。It is an independent leading platform with a large number of functions, customization and high security。On top of that, the platform also has one of the best trader community support, with easy access to trading forums where you can copy signals, request indicators and discuss strategies。

At the same time, the biggest advantage of MT5 is its advanced tools。The platform offers a greater number of drawing tools, time frames, execution order types and assets。Compared with its predecessor, MT5 has become a mature trading tool, providing more information about the depth of the market, such as showing the closest bids of buyers and sellers, the importance of quotes, etc.。In short, it is a multifunctional platform that provides a large number of options for different traders。

Which trading platform to choose

As mentioned earlier, the main purpose of the trading platform is to connect you with the financial markets。In XM, all available trading platforms are completely free to download and use。The platform essentially allows you to perform various operations, such as accessing the market online in real time, following market updates, simulating your trading strategies using a demo account, trading for you using an EA, and trading multiple assets using one-click trading capabilities。

Now, the big question is which one should you choose？A good trading platform will provide you with all the financial instruments you need to trade comfortably, as well as trading tools, so you should know in advance what you need。For example, if your portfolio is very diverse, MT5 may be more suitable for you because of the wide range of assets and instruments。Otherwise, MT4 may provide a sufficient platform to meet your needs when trading in XM。

Finally, you also need to ensure that the platform has an intuitive user interface and a demo account。Both MT4 and MT5 offer demo accounts and both have simple user interfaces, so you can choose one of them according to your needs。

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XMIs a mature international company, has become a real leader in the trading industry, founded in 2009, with "fair, honest, reliable" as the main principle。XM supports no re-quotes and real-time execution, traders can choose from more than 10 trading platforms suitable for any device。