To use XM MT4, open an XM account on MT4, download MetaTrader 4 from XM’s MT4 page or your app store, and log in with your MT4 account number, password and the server name XM sends you. If you are opening a new account and have no MT4 indicators or Expert Advisors to carry over, MT5 is usually the better choice at XM.
How to download XM MT4
XM’s MT4 page lets you pick your device. The options are:
- Desktop: download the XM MT4 installer, run it and follow the prompts. MetaTrader 4 is built for Windows.
- Web: trade MT4 in your browser with no download, useful on a work computer.
- Mobile and tablet: install the MetaTrader 4 app from the App Store or Google Play, then add your XM account.
How to log in to XM MT4
- Find your MT4 login (account number) and server name in the account confirmation email from XM or in the XM Members Area.
- Open MT4 and choose File, then Login to Trade Account.
- Enter your account number and trading password.
- Select the exact server listed for your account and click Login.
On mobile, open the MT4 app, add a new account, choose Login to an existing account, search for XM and pick the server shown in your account details.
XM MT4 server names
XM runs separate servers for real and demo accounts, and your account is tied to one specific server. Always copy the server name exactly as it appears in your XM email or Members Area. Picking a server that looks similar is the most common reason for an “Invalid account” or “No connection” message.
- Invalid account: check the account number, password and server together. A demo login will not work on a real server.
- Forgotten password: reset the trading password from the XM Members Area.
- MT5 account: an MT5 login will not work in MT4. Open an MT4 account in the Members Area or switch to MT5.
Which XM accounts can you use on MT4?
| Account | Minimum deposit | Pricing |
|---|---|---|
| Standard | USD 5 | Spread only, EUR/USD from 1.6 pips |
| Ultra Low | USD 5 | Spread only, EUR/USD from 0.8 pips |
| Shares | USD 10,000 | Commission charged |
XM says all accounts include negative balance protection, hedging and an Islamic (swap-free) option. You choose the platform, MT4 or MT5, when you open each trading account, and ZAR is available as a base currency, so pick it at the start if you fund in rand. Check that the account type you want is offered on MT4 when you open it.
XM MT4 or MT5: which should you choose?
MT4 at XM gives you one-click trading, over 50 indicators and charting tools, Expert Advisors and the MQL4 help guides. Choose it if you already run MT4 EAs or custom indicators.
For a new account, MT5 is the stronger pick. XM’s platforms page now leads with MT5 on PC, Mac, web and mobile, and MT5 adds more timeframes, more pending order types and a built-in economic calendar. Our MT5 vs MT4 guide compares the two in detail.
Practise first on an XM MT4 demo
Open a demo in the XM Members Area, choose MT4, and log in with the demo details on the demo server. Use it to test order types and lot sizes before you trade live. Our guide to forex demo accounts explains how to get the most from one.
Who your XM account is with
South African clients deal through XM ZA (Pty) Ltd, an FSCA-authorised financial services provider (FSP 49976). The CFDs you trade are issued by XM Global Limited, regulated by the FSC of Belize (licence 8557558), which is your counterparty. See our XM review for spreads, deposits and withdrawals, or compare brokers on our Find your Broker page.
FAQs
How do I log in to XM MT4?
Open MT4, choose File, then Login to Trade Account, and enter your account number, password and the exact server from your XM account email or Members Area.
Where do I find my XM MT4 server name?
It is in the email XM sends when you open the account and in the XM Members Area. Real and demo accounts use different servers.
Is XM MT4 free?
Yes. The MT4 platform is free to download and use with an XM real or demo account. You pay through spreads, commission on some accounts and overnight swaps.
Should I use MT4 or MT5 with XM?
Use MT4 if you depend on MT4 indicators or Expert Advisors. Otherwise MT5 is the better long-term choice and is the platform XM now features first.
Trading CFDs is high risk. Leverage can magnify losses, and you may lose your deposit. Only trade with money you can afford to lose.
