How To Trade With XM.com On A Mac?

How To Trade With XM.com On A Mac?

XM is one of the finest places to start trading if you want to invest in different assets. The company is a trusted online broker that offers Forex, equities, commodities, and CFD trading. 

Today, a lot of traders use Windows, because many believe that it is the best operating system for trading, however, this is not entirely true. The majority of trading platforms work to improve the trading experience for all operating systems, and this includes Apple’s macOS.

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In this article, we will cover some features of trading on a Mac and how you can install the XM trading platform on your MacBook.

Trading on XM.com with a Mac

It is important to note that macOS and Windows users can enjoy the same features on XM.com, as XM has a number of features that are available to both categories of users. Whether you're using a Mac or a PC, you'll be able to take advantage of the great features that XM has to offer.

Features of MT4 For Mac 

XM MT4 Mac is a trading platform that is designed for use on Mac operating systems. The XM MT4 Mac platform is identical to the XM Windows platform in terms of functionality and features.

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Spreads on XM start from just 0.6 pips, and leverage can be as high as 1000:1. XM provides online access to trading Forex, CFDs, futures, stocks, equity indices, precious metals, and energies, with more than 1,500 of the most popularly financial traded instruments. XM also offers clients multilingual live customer support 24/5. 

The XM MT4 Mac platform has a user-friendly interface and is equipped with all the necessary tools and resources needed for online trading. XM MT4 Mac also provides clients with real-time market information and news updates. Now let's see how to download XM MT4 on a Mac.

How To Install MT4 On a Mac

After setting up your account, the last thing to do before you can start trading is to install MT4. To install XM MT4 for Mac, follow these steps.

  • Select the XM MT4 download for Mac;
  • Double-click the MetaTrader4.dmg file to launch it;
  • Drag it into your programs folder and launch the MetaTrader 4 application;
  • Open the “Accounts” section then find “Open an Account";
  • Push the + sign in order to add a new broker;
  • Type "XM.COM" and save it;
  • Choose the MT4 server your account is registered on, then click “Next”. To see the server details, you must have an XM account;
  • Find "Existing trade account," and enter the username and password of your account;
  • Finally, click “Finish”.

How To Install Expert Advisors on Mac MT4

After you have completed the setup for MT4, it is good to go. But before you start trading one of the most vital tools you can use is Expert Advisors (EAs). These are tools that are used to monitor and trade financial markets automatically using user-created algorithms. Follow the steps down below to install one on your Mac:

  • First you need to check the MetaTrader marketplace and download an EA.
  • In MT4, select Go > Go to Folder in Finder and copy/paste the path below, replacing ‘my-user' with your Mac's username:/Users/my-user/Library/Application Support/MetaTrader 4/Bottles/metatrader4/drive c/Program Files/MetaTrader;
  • Put the EA in the MQL4/Experts folder. In order to allow the application to identify your Expert Advisors, you have to restart MetaTrader 4;
  • Log files will be saved in the log folder;
  • The navigation option on the bottom left of the interface will then allow you to reach your Expert Advisors.

FAQs on How To Trade With XM.com On a Mac

Can I Use a Mac When Trading on XM.com?

Yes, XM offers the same functionalities to macOS and Windows users. Just make sure that you download the correct MT4 based on your computer’s operating system, and you'll be able to use XM's fantastic features

What Instruments Are Available on XM.com With Mac?

When using Mac to trade on XM.com, users have the ability to trade currency pairs (Forex), shares, indices, commodities, etc. All the instruments that are available on PC are also available on Mac. 

Is Trading on XM.com For Mac Free?

Yes, you do not need money to open a trading account whether it is on Mac or on Windows. On the other hand, if you are planning to earn some real money, you will have to add some starting capital.