Aside from being supported by a well-known broker like XM, the broker's mobile app boosts advanced charts, orders, market analysis, some other top features.
XM is an online broker that offers brokerage services for trading forex and CFDs. To facilitate the trading of assets, XM broker has a mobile app that its clients can take advantage of to engage in profitable transactions. This article will be reviewing the mobile app to shed more light on its features and functionality.
XM Mobile App for Efficient Trading
The XM Mobile App is a well-built mobile application suitable for forex trading as the broker provides its clients with excellent trading services and features. It can be downloaded on Google Play Store for Android Devices or App Store for iOS platforms. At the time of this writing, XM Mobile App has earned a rate of 3.9/5 from 15.8k reviews on the Play Store. It has also been downloaded more than 1 million times on the Android marketplace.
The app serves as the best medium for traders to adequately monitor their trades in the forex market. Traders can use the app to carry out a wide range of trading activities and also invest in different financial instruments.
As long as you have a mobile device with an internet connection, you can use this mobile app and take advantage of the massive range of forex-oriented features found on the app. The traders' level of experience is not a limiting factor as both beginners and experts can use this app to engage in profitable trades.
Features that users can expect to be available are:
Dashboard
Those using the MT4 and MT5 platforms can get access to this app as the dashboard contains a bit of all the parts of the app. This means the design of the app would be so easy to navigate that users can access any feature from the app's dashboard.
Furthermore, this dashboard offers traders immediate access to the activities of their live trading accounts as well as the global market. This makes it possible for traders to manage their accounts seamlessly without much difficulty.
Charts & Orders
The app allows users to execute various orders including stop loss, take profit, and trailing stop. They can also invest in as many as a thousand financial instruments while receiving assistance on how to use multiple chart types and indicators. These tools are instrumental in ensuring traders end up making the best trading decisions.
XM traders can also check their previous trade orders by going through their trade history to monitor their positions frequently. As the access is available on mobile phones, the activity would be much more practical than what you used to have on desktops.
Market Analysis
It is never easy to make trading decisions and traders need all the help they can get to arrive at a solid investment decision. To achieve this, a deep and in-depth analysis of the market and investment options needs to be carried out. This is where the XM Mobile App shows its one more advantage.
There are multiple trading tools available to use while traders can still apply their logical reasoning to make a decision. In addition, there are market tips, landscape charting, live interactive charts with zoom and scroll, and many more features that will undoubtedly be of immense help to traders.
Order Tracking
The history of trades initiated by a trader is stored by the app to be examined later. This way, traders can always take a look whenever they want to check their performance and set the profitable ones apart from the losing ones.
As such, this feature enables traders to evaluate their strategies and determine what should be done to improve their performance. The losses suffered can also serve as a learning experience on how to minimize possible losses in the future.
XM 360
As of March 2024, XM broker has launched the Indonesian version of their app called "XM 360". Traders from Indonesia can download the broker's app here. A little different from the global version, XM 360 is presented with a focus on trading competitions.
Final Words
XM Mobile App can be customized to suit the needs of a trader and utilize all its features to maximize profits. Therefore, traders are welcome to take advantage of the options on the app to properly analyze their investment options and ensure that they generate as much profit as possible.
Overall, the XM Mobile App is easy to use and is similar to any other apps that traders might have used which is why it does not require a lot of instruction to get started. Once the app has been downloaded and the user signs in with their trading credentials, they can begin to use the app.
XM broker is an established international firm and has become a true leader in the trading industry. Founded in 2009, the company works with the main principle of being "fair, trustworthy, and dependable". XM claims to support no re-quotes and real-time execution, where traders can choose from 10+ trading platforms suitable to any device.
26 Comments
Dec 29 2022
Looks like the XM mobile app can be classified as a web trader, but with the mobile app version, right? If in some cases I don't use the XM Mobile app and I use the metatrader on my phone, is it possible to trade on the phone with the metatrader? Which do you guys prefer? If you compare between app and metatrader, which one is more complicated to trade? Thank you!
Dec 29 2022
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Jan 27 2023
Sayaka:
I guess you need to stop thinking about trading with XM as it is not regulated in your country. Instead of choosing not according to regulations, why not try to choose according to regulations? I don't discredit XM for being unregulated in some countries, but what if your deposit or withdrawal has problems?
I mean you as a customer, what if you have a problem and need to go to the XM office? as you know, if the brokers are regulated, they will have offices in the countries that regulate it. And if you are from an unregulated/unregulated country, you must go to the nearest office that outside your country. And all the process of some trouble will be very difficult. I am not saying that you should not trade with offshore brokers like XM, you can trade with XM and it is 100% legal but completely not governed by the laws of your country.
Read this article may give you the view of using offshore broker : Trading in an offshore broker : pros and cons
Jan 27 2023
Can someone tell me if the XM Mobile app is integrated with the Metatrader server? I mean, if I open a trade in metatrader, will my XM Mobile app show the same trade? I'm curious, what if I'm trading and for some urgent reason I can't bring my computer/laptop and only mobile phone. Can I access and modify trade conditions for example? I'm afraid that due to using metatrader the mobile app won't be able to access my trades either.
Jan 27 2023
Potter: Yes, of course you can. And not only the XM Mobile App, but most of the broker apps that can trade are possible because the server is like a trading platform. So, you can modify your transaction anywhere as long as you have internet and mobile phone. And even when you trade in your phone, your metatrader will automatically have that transaction history too. So, the mobile app that XM offer also very flexibel.
Jan 27 2023
Kane: Thank you for the information! I think I should download the app and set it up, right? In case if I had the condition that occur above, at least I have some preparation to do trading anywhere. It's also thanks to technology that makes it easier for traders.
Feb 25 2023
I just heard the information that the forex trading application has been removed from the iPhone app store, so how can traders using the iPhone be able to access the XM application? Are there alternative applications or other solutions?
Mar 23 2023
Gabriel Ortiz: If the XM forex trading application has been removed from the iPhone app store, there are a few alternative ways that traders using an iPhone can still access the XM platform: Use XM's web-based platform: XM provides a web-based platform that can be accessed through any web browser on your iPhone. This platform allows you to trade forex and other financial instruments directly from your browser, without the need to download or install any software. Use XM's mobile app on Android: If you have an Android device, you can still download and use the XM mobile app from the Google Play Store. This app provides access to the same trading features and tools as the iPhone app. Use an alternative forex trading app: There are many forex trading apps available on the app store that you can use instead of the XM app. However, be sure to do your research and choose a reputable app that is safe and secure. Contact XM customer support: If you are unable to access the XM platform on your iPhone, you can contact their customer support team for assistance. They may be able to provide you with alternative solutions or guide you through the process of accessing the platform on your iPhone.
Mar 23 2023
I'm interested in learning more about the XM Mobile App and how it can enhance my trading experience. Can you provide me with an in-depth overview of the app's top features, including any tools or resources that can help me stay up-to-date on the latest market trends? Additionally, can you explain how the app's user interface is designed to make trading more intuitive and seamless, and whether there are any customization options available to tailor the app to my specific needs? Finally, I'm curious about the app's security features and how XM ensures the safety of my personal and financial information while using the app. Thank you!
Mar 25 2023
Dude, so I recently started using the XM trading app and is enjoying the experience so far. However, I noticed that the app occasionally crashes or freezes, causing me to lose out on potential trades. I also experienced slow loading times when switching between different screens in the app. Despite these issues, I likes the user-friendly interface and the variety of trading instruments available on the app.
So, the Question is: Have anyone in here also experienced any technical issues while using the XM trading app, such as crashes or slow loading times? If so, how did you address these issues?
Mar 25 2023
No worries, mate! If you're having some technical issues while using the XM trading app, you're definitely not alone. A few users have reported similar problems such as the app crashing or freezing, and slow loading times. But don't worry, there are a few things you can try to fix these issues.
Firstly, you can try restarting the app or your device, or clearing the cache or data of the app. If that doesn't work, uninstalling and reinstalling the app might do the trick. And make sure you have the latest version of the app installed, too.
If all else fails, you can always reach out to XM's customer support team for assistance. They're there to help you out and may be able to provide you with specific troubleshooting steps or escalate the issue to their technical team for further investigation.
At the end of the day, technical issues can be a bit of a pain, but don't let them get in the way of your trading success. Try out some solutions, and if you're still having trouble, don't hesitate to reach out to the support team for help. Cheers!
Mar 25 2023
Thank you so much for providing that information about how to address technical issues with the XM trading app. As a new user, I was a bit concerned about experiencing crashes or slow loading times and potentially losing out on trades. Your suggestions to restart the app or device, clear the app's cache or data, update the app, or reach out to customer support are very helpful.
It's reassuring to know that there are steps I can take to resolve any issues and that XM has a support team available to assist with troubleshooting. I appreciate your insights and advice, and I will definitely keep these tips in mind as I continue to use the app for my trading needs.
Once again, thank you for taking the time to share your knowledge and expertise. It's greatly appreciated!
Mar 25 2023
The XM mobile app offers many features, including a dashboard accessible through MT4 and MT5, advanced charting tools, simple order placement, market analysis, and order tracking. With so many options, I am a bit confused and curious about what sets this app apart from others. Can you tell me more about the key features that make the XM Mobile App popular among traders, and how it compares to other trading apps in terms of functionality and ease of use?
Mar 25 2023
Oh mate, the XM mobile app is a ripper when it comes to features! They've got a dashboard accessible through MT4 and MT5, advanced charting tools, easy peasy order placement, market analysis, and order tracking. It's no wonder it's such a popular choice among traders, eh? But if you're feeling a bit overwhelmed with all those options, no worries - let me tell you what really sets it apart from the rest. The XM Mobile App is user-friendly and comes with heaps of educational resources, making it a breeze for both seasoned traders and newbies. Plus, the app offers a range of technical analysis tools, customizable layouts, and real-time market data - all at your fingertips. So if you're looking for a trading app that's top-notch in functionality and ease of use, the XM Mobile App is definitely worth checking out, mate!
Jun 6 2023
So, let's talk about the XM Market mobile trading platform. Apparently, that's pretty sweet - they guarantee technical analysis and provide some easy-to-use charting tools and trading features similar to what you get in MetaTrader. And the best part? You can manage your account and make your trades in one place, which makes life a lot easier.
Talking about MetaTrader, I was wondering if XM also provides its mobile version. If so, it will be interesting to compare the two and see which one is the best for trading.
Jun 7 2023
XM does offer a mobile version of MetaTrader 4, which you can download from the iOS or Android app store.
When choosing between the XM and MetaTrader 4 mobile trading platforms, it really comes down to your personal preference and trading style. FP Markets' mobile trading platform is perfect for traders who are always on the go and prefer to trade from their mobile device. It is easy to use and has a wide range of features that allow you to perform market analysis and execute trades from your mobile device.
On the other hand, MetaTrader 4 is a more comprehensive trading platform which is suitable for traders who prefer to use technical analysis in their trading strategy. It has a user-friendly interface and a variety of tools and features, including the ability to use Expert Advisors (EAs) for automated trading.
So, the choice is ultimately up to you! It is best to try both platforms and see which one works best for your personal needs and trading style
Jun 23 2023
Hey, I just wanted to send a quick message to say thank you for the great article on XM mobile trading platform! I'm looking for a reliable mobile app to do my transactions on the go and this seems like a great choice.
The article was very helpful in explaining all the technical analysis tools and charting features provided by XM, which seemed very helpful to me. And the fact that I can manage my account and trade in one app is a game changer.
Honestly, I am quite new to the world of trading so reading this article was a very valuable learning experience for me. I feel a lot more confident now because I know what to expect and am excited to start using the XM mobile app for my trades. So yeah, I just wanted to thank you again for putting together such a great piece of work! Please continue to uphold.
Sep 7 2023
Which devices can be used with the MetaTrader 5 (MT5) platform, considering the information provided? If you decide to trade with XM, you'll have access to both MT4 and MT5 platforms on different devices. So, what are the devices compatible with the MT5 platform? Can you use it on your desktop computer, laptop, smartphone, or tablet?
Sep 8 2023
The MT5 platform is super flexible, so you can trade however you want. If you're into trading on your computer, you can get it on Windows, macOS, or Linux. It's got all the features and tools you need right on your desktop. But if you're always on the move, don't worry! There's a mobile app for MT5 available on iOS and Android. You can download it to your phone or tablet and trade wherever you are. It's got real-time market info, interactive charts, and you can make trades on the fly. So whether you're at your desk or on the go, MT5 has got you sorted on whatever device you're using.
Sep 11 2023
I am curious to understand how brokers determine the spreads they offer on currency pairs.
I would like to know what factors many brokers such as XM consider when modifying spreads. Can someone explain it to me? and again, if I want to do scalping, why does scalping need very low spreads?
Sep 8 2023
Brokers set their currency pair spreads based on a mix of things like market conditions, liquidity, their own costs, and how much their clients trade. It's not just about making profits; there are a bunch of factors involved. Here's the lowdown:
Market conditions play a big role. If there's high demand for a currency pair, the spread is tight, meaning the difference between buying and selling prices is small. But if demand is low, the spread widens, and the difference gets bigger.
Liquidity matters too. The more liquid a currency pair, the tighter the spread. More buyers and sellers mean more competition and narrower spreads.
Brokers also add their markup, and things like trading volume and the time of day can affect the spread.
These factors are pretty much the same for all brokers, including XM.
Now, for scalping, it's all about making quick trades, right? Since scalpers make lots of trades, they need low spreads to keep costs down. The spread is usually measured in pips, and each pip can be worth $10. But if you're trading smaller amounts, like 0.1 lot or 0.01 lot, each pip could be worth less, like $1 or $0.10.
Mar 30 2024
Hey there! So, I'm curious about why checking out the trade history feature in the XM mobile app is so darn important. Like, what's the deal with it? I mean, I get that it stores all your past trades, so you can go back and see how you've been doing. But why does that matter? What are the benefits of digging into your past trades? And, like, how can knowing this stuff actually help you make better trading decisions in the future? Any tips or examples you could share would be super helpful! Thanks a bunch!
Mar 31 2024
It is very good feature, dude!! I mean, checking out your trade history in the XM mobile app is like peeking into your own personal trading diary. It's not just about reminiscing on past wins and losses – it's about learning and improving.
First off, reviewing your past trades lets you see what's been working and what hasn't. Maybe you notice a pattern in your winning trades – like they all happened at a certain time of day or involved a particular currency pair. That's valuable info you can use to refine your strategy and focus on what's been successful.
On the flip side, looking at your losing trades can be just as important. It's not about beating yourself up over mistakes, but rather figuring out where things went wrong so you can avoid making the same errors in the future. Maybe you realize you tend to get too emotional during volatile market conditions or that you're not sticking to your risk management plan. Recognizing these patterns can help you make smarter decisions moving forward.
Overall, digging into your trade history is all about self-reflection and continuous improvement. It's like having a coach giving you feedback on your performance – except in this case, the feedback comes from your own past trades