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XM platforms and how they score
The platform score rewards choice and capability. Here is what XM provides and where it earns or loses points.
Facts last checked . Read the full XM review.
Platforms and tools
- Platforms
- MetaTrader 4, MetaTrader 5, XM App
- Own platform
- Yes, XM App
- Mobile app
- Both proprietary and third-party
- Browser trading
- Yes
- Automated trading
- Yes; Expert Advisors and backtesting supported on MT4/MT5
- Copy trading
- Yes, XM Copy Trading
- Indicators
- 30+ MT4; 38+ MT5; additional advanced charting in XM App
- Third-party tools
- VPS, advanced charting and analytical tools
- API access
- No public retail API
What this means
MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.
MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.
Questions about XM platforms
What platforms does XM offer?
XM offers MetaTrader 4, MetaTrader 5, XM App.
Can you run Expert Advisors or algorithms at XM?
Yes. XM supports automated trading, which in practice means Expert Advisors on MetaTrader or the equivalent on its other platforms.
Does XM offer copy trading?
Yes. XM offers copy trading.
Platforms at brokers under the same regulator
- Plus500 platforms also licensed by CySEC
- ThinkMarkets platforms also licensed by CySEC
- AvaTrade platforms also licensed by CySEC
- Exness platforms also licensed by FSC (Belize)
- HF Markets platforms also licensed by CySEC