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XM platforms and what happens when they go down

A platform outage with open positions is a failure of its own kind. Here is what XM runs and what protects you on it.

Regulation: Belize FSC (8557558); CySEC (120/10); DFSA (F003484); FSCA (49976); Mauritius FSC (GB23202700); Seychelles FSA (SD190); CMA Kenya (233). How XM is regulated

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.

Does XM have a mobile app?

XM's mobile app is recorded as: Both proprietary and third-party.

Does XM have its own platform?

Yes. XM runs its own platform alongside any third-party software it offers.

Platforms at brokers under the same regulator

More about XM