MetaTrader 4 (South Africa)
The classic MetaTrader platform, one of the three XM lists for forex and CFD trading.
Open an FxPro account →MetaTrader 4 is one of the three platforms XM lists. It logs in with the trading-account number, password and server name XM sends, runs Expert Advisors and indicators, and uses the conditions of the XM account type you open — the platform itself does not change spreads or minimum deposits.
MetaTrader 4 at XM
- Listed by XM next to MetaTrader 5 and the XM App (XM website, checked 11 September 2026).
- Logs in with the trading-account number, password and server name XM sends — not with your client-area email.
- Runs Expert Advisors and custom indicators; a rule that looks good on a chart is not proof of an edge after costs.
- Minimum deposit, spreads and commissions depend on the XM account type you open, not on the platform.
Which XM platform should you use?
| Platform | Pricing model | Best for | Devices |
|---|---|---|---|
| MetaTrader 4 | Set by your XM account type | Forex traders who use Expert Advisors | Desktop and mobile |
| MetaTrader 5 | Set by your XM account type | More timeframes and depth of market | Desktop and mobile |
| XM App | Set by your XM account type | Checking and managing trades on the go | iOS and Android |
XM offers several platforms — choose by pricing model, what you trade and your device. All connect to the same account.
Get started
Download MetaTrader 4 from your client area after you open an account, or try it first on a free demo.
Open an FxPro account →Setting up MetaTrader 4 with XM from South Africa
MetaTrader 4 connects to XM with the trading-account number, password and server name from XM’s email — keep them separate from your client-area login. If the platform shows ‘invalid account’, check the server first: live and demo accounts sit on different servers.
Chart times follow the broker’s server clock, not South African time. South Africa stays on SAST (UTC+2) all year, so compare a candle’s time with SAST before using session-based rules.
What the platform does not change
Spreads, commission and minimum deposit come from the XM account type — Standard, Ultra Low or Shares — not from choosing MT4 over MT5. The dormant-account rule and the payment-method rule for withdrawals apply whatever platform you use.
Trading CFDs on any platform carries the same leverage risk; the margin calculator shows what a position needs before you open it.
Lots and pips on MetaTrader 4
One standard lot is 100,000 units of the base currency, a mini lot 10,000 and a micro lot 1,000. On EUR/USD a one-pip move (0.0001) is worth about $10 on 1 lot, $1 on 0.10 and $0.10 on 0.01 — the leverage you choose changes the margin, not these amounts.
MetaTrader 4 and MetaTrader 5 at a glance
| Feature | MetaTrader 4 | MetaTrader 5 |
|---|---|---|
| Chart timeframes | 9 | 21 |
| Pending order types | 4 | 6 |
| Depth of market | No | Yes |
| Built-in economic calendar | No | Yes |
Platform features; spreads, commission and minimum deposit at XM come from the account type, not the platform.