When trading at XM, you will be offered two MetaQuotes applications – MetaTrader 4 (MT4) and MetaTrader 5 (MT5). MT4 is an internationally recognized trading software, as it offers complete trading tools and features: More than 50 built-in technical indicators, advanced charting packages, various Forex Trading Robots (EAs), and comprehensive backtests. Traders can download ready-made EAs or create their own EAs and let the program do all the work, without involving human emotions. XM MT4 is available in all versions: desktop, web, and mobile. Aside from that, if you wish to know about XM minimum deposit, you can visit http://www.vixbrokers.com/minimumdeposit/xm.html immediately.
What’s more, XM provides MT4 MultiTerminal, which offers a practical and convenient way to manage multiple accounts simultaneously from a single interface (PAMM).
Recently, MetaQuotes has put more emphasis on MT5: hedging functionality has finally been added to it and all versions of the app have been upgraded. As a result, the number of brokers who support the application is increasing. XM also followed suit and added it to its app offering.
XM does not make any important improvements to improve the user experience, other than special indicators, such as Supreme Edition.
In addition, free Virtual Private Server (VPS) hosting is also offered for new and existing XM customers who make a minimum deposit of $5,000 and trade at least 5 lots per month. VPS hosting allows order execution 24 hours a day, 5 days a week.
In terms of research, the majority of XM Group’s research offerings consist of content produced by an in-house team of analysts, including daily market recaps as well as technical and fundamental analysis articles and videos. There is also an economic calendar powered by the investing website, the second most popular after the forex factory website.
Trading Signals: In terms of manual trading signals, XM Broker offers its trading signals hub to live account holders where users can access forex signals on all instruments generated twice a day. Meanwhile, the trading signals that can be automated are currently limited to the Signal Markets available in the MetaTrader application. For social copy trading, see our rankings.
Technical Analysis: XM offers TradePedia, which provides Forex and CFD content including technical analysis using popular indicators, such as Ichimoku, MACD, RSI, Moving Average, and Bollinger Bands.