MetaTrader 5 (South Africa)
The newer MetaTrader platform, with more timeframes, depth of market and a built-in economic calendar.
Open an FxPro account →MetaTrader 5 is XM's newer MetaTrader platform, with more timeframes, depth of market and a built-in economic calendar. It uses its own trading-account details from XM, and account conditions still depend on whether you open a Standard, Ultra Low or Shares account.
MetaTrader 5 at XM
- Listed by XM alongside MetaTrader 4 and the XM App (XM website, checked 11 September 2026).
- More chart timeframes and order types than MetaTrader 4, plus depth of market.
- Uses its own trading-account number, password and server name from XM.
- Research on five popular retail signal families found none with a proven edge after costs — test on a demo first.
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 5 from your client area after you open an account, or try it first on a free demo.
Open an FxPro account →MT5 features that matter for South African traders
MetaTrader 5 adds more timeframes, depth of market — the order book view of bids and offers — and a built-in economic calendar. The calendar and charts run on server time, so convert to SAST before planning around a release.
Big US releases land in the South African afternoon or evening: US consumer price index data at 8:30 New York time is 14:30 SAST in the northern summer and 15:30 SAST in the northern winter.
Before trading live on MT5
Open the instrument’s specification in MT5 to see XM’s contract size, minimum volume, margin and swap for that symbol. Practise order types on a demo account first; account conditions still depend on whether you open a Standard, Ultra Low or Shares account.