XM with MetaTrader5! The Difference between MT4 and MT5?
XM - What's now?
XM has updated the maximum leverage to 1:1000 in June 2022.
Leverage 1:1000 does not apply to client registered under the EU regulated entity of the Group. The maximum leverage for Trading Point of Financial Instruments is 30:1.
Today, 6th March, XM is happy to announce that the broker has added another trading platform “MetaTrader5” to its service.
XM has been recognized as the largest MT4 broker(according to MetaQuotes) with 1 Million Traders!
And now, MetaTrader5 is also available with XM.
XM MT5 comes with even better trading conditions and also more Financial Assets to trade online.
Currently, you can trade 180 stocks on XM MT5 in addition to the existing symbols on MT4.
XM’s plan is to extend the instrument offerings to up to 5000 CFDs on single stocks from companies all across the world listed on various stock exchanges including but not limited to NYSE, Nasdaq, LSE, Frankfurt Stock Exchange, to only name a few.
What’s Different? XM MT4 and MT5?
Now that XM offers both MT4 and MT5 trading platforms, there are several different conditions for these platforms.
All account types(Micro, Standard and XM Zero) are available with both MT4 and MT5.
The main differences are as follows:
- MT5 offers 180 Stocks(in a form of CFDs) but MT4 doesn’t.
- Users of MetaTrader4 Trading Platform cannot access “WebTrader”.
- The maximum Leverage on XM MT5 is 1:500, but for MT4 it is 1:1000.
XM makes sure that there are No Order Rejections or Re-Quotes on the platforms!
For the general differences between MT4 and MT5 trading platforms, you can find more information in the below article.