XM (XMTrading): Explaining the latest version of XM’s MT4/MT5 alert function and notification settings

XMTrading

XM (XMTrading): Learn about the latest version of XM’s MT4/MT5 alert function and how to set notifications. The MT4/MT5 alert function sends notifications via email or other means when a set price is reached. While most traders at XM likely use either MT4 or MT5, they don’t always have 24/7 time. By using alerts while you’re out or working on other tasks, you can respond immediately to sudden market fluctuations, making this a must-have feature for busy traders.

XMtrading

Operating companyTradexfin Limited
Fintrade Limited
Head office locationUnit E, F28, Eden Plaza, Eden Island, Republic of Seychelles
Founding year2009
Financial License(FSA)SD010:Tradexfin

Mauritius Financial Services Commission (FSC:):Fintrade Limited

Cyprus Securities and Exchange Commission (CySEC):Trading Point of Financial Instruments Ltd
Language supportEnglish、日本語、Malay、Thai
PlatformMetaTrader 4 (MT4)/MetaTrader 5 (MT5)
Service CountriesOver 190 countries
Number of usersOver 1 million accounts
Max Leverage1000x
Eligible productsForex、Metal、Stocks、Equity Indices / Index CFD、Energy CFD、Commodities、Cryptocurrency

Overview of XM’s Alert Feature

XM’s (XMTrading) alert feature is a supplementary tool for ensuring you don’t miss market movements or trading conditions. It is primarily used as a standard feature in MT4/MT5. Below is a brief summary.

What is XM’s Alert Feature?

This feature notifies you with sound, pop-ups, email notifications, etc. when a pre-set price, time, or condition is reached.
It is not intended as an automated trading feature, but rather as a notification tool to support your trading decisions.

Available Alert Types

① Price Alert (Most Commonly Used)

Notify when a currency pair or CFD reaches a specified price.

Example

USD/JPY reaches 150.00.

GOLD rises above $2,300.

👉 Useful for assisting with entry, profit-taking, and stop-loss decisions.

② Time Alert

Notify at a specified date and time.

Example

5 minutes before economic indicators are released.

When the London market opens.

③ Conditional Alert (Advanced)

The following can also be set in MT4/MT5:

Price breakout/breakout

When a condition is met within a specified time.

Integration with Custom Indicators (For Advanced Users)

Notification Methods

The following notifications are available depending on your settings:

Screen pop-up notifications

Sound (alarm sound)

Email notifications

Push notifications to the smartphone app (MT4/MT5)

*To use smartphone notifications, you must first configure MT4/MT5.

How to Set Alerts in MT4

Below is a step-by-step guide to setting alerts in MT4 (MetaTrader 4) that even beginners will find easy.

Launch MT4

Log in to XM MT4 and display the chart for the currency pair for which you want to set an alert.

Open the terminal.

Click “Terminal” at the bottom of the screen.

Or

Ctrl + T (shortcut)

Select the “Alerts” tab.

Click the “Alerts” tab in the terminal.

Add a new alert.

Right-click in the “Alerts” tab and select “Create.”

Set the alert content.

Enter the following in the settings screen.

■ Symbol

Currency Pair (e.g., USDJPY, EURUSD)

■ Condition

Bid > Specified Price: Notify when price exceeds

Bid < Specified Price: Notify when price falls below

*Bid is usually used

■ Value

Price to notify
Example: 150,000

■ Source

Sound

File

Mail

Notification

👉 Beginners should use Sound or Notification.

■ Expiration Date (Optional)

Alert expiration date

No setting is required.

⑥ Click OK

This completes the alert setup.

How to Set Alerts in MT5

Below is a step-by-step guide to setting alerts in MT5 (MetaTrader 5) that even beginners can follow.

Launch MT5

Log in to XM MT5 and display the chart for the currency pair for which you want to set an alert.

Open the Toolbox

Click “Toolbox” at the bottom of the screen

or

Ctrl + T

Select the “Alerts” tab

Click the “Alerts” tab in the Toolbox.

Create a New Alert

Right-click in the “Alerts” tab and select “Create”

Set the Alert Content

Enter the following in the settings screen.

■ Symbol

Currency Pair (e.g., USDJPY, EURUSD)

■ Condition

Frequently Used Conditions:

Bid ≥ Specified Price: Price reaches the upper limit

Bid ≤ Specified Price: Price reaches the lower limit
(Ask is also available)

■ Value

Price at which you want to trigger the alert
Example: 150,000

■ Expiration Date (Optional)

Enter only if you want to set an expiration date

■ Source

Select Notification Method:

Sound: Sound notification

Mail: Email notification

Notification: Smartphone notification

File: File execution (for advanced users)

👉 Recommended: Notification (Smartphone notification)

⑥ Click OK

This completes the alert setup.

Setting Up Smartphone Alert Notifications

Below is a clear explanation of how to set up your smartphone to receive MT4/MT5 alert notifications, starting from your PC and then your smartphone.

Overall Process (Important)

Check Your MetaQuotes ID on the Smartphone App

Register Your MetaQuotes ID on the PC Version of MT4/MT5

Set Your Alert Notification Method to “Notification”

Test Notifications to Check Operation

① Smartphone Settings (Do This First)

  1. Install the MT4/MT5 App

App Store / Google Play

MetaTrader 4 or MetaTrader 5

  1. Check Your MetaQuotes ID

Launch the App

Settings

Messages

Copy the displayed MetaQuotes ID (alphanumeric)

This ID will be your notification recipient

  1. Turn on Notifications on Your Smartphone

iPhone:
Settings → Notifications → MT4/MT5 → Allow Notifications

Android:
App Info → Notifications → ON

② PC Settings (MT4/MT5)

  1. Open Options

Top Menu
“Tools” → “Options”

  1. Select the “Notifications” tab

☑ Enable push notifications

Enter the MetaQuotes ID you found on your smartphone in the “MetaQuotes ID” field.

  1. Send a test notification

Click the “Test” button
→ If the notification arrives on your smartphone, it’s OK.

Settings when creating an alert (Important)

When creating an alert,

Set the Source to 👉 Notification.

If you forget to do this, the alert will not arrive on your smartphone.

How to Use Alert Notifications and Important Points

Below, we’ll explain practical ways to use MT4/MT5 alert notifications, as well as common points to note and examples of mistakes.
This information is especially useful for those who have set up the system but are unsure how to use it.

① Use it to aid entry decisions (the classic approach)

Objective: Reduce chart monitoring and focus on opportunities

Examples

Around support/resistance

Reaching a trend line

Price range just before a breakout

📌 Tips
→ Set it “slightly before” your entry price
(Example: Want to buy at 150.00 → Alert at 149.90)

② Prevent missing take-profit/stop-loss timing

Objective: Prevent emotional trading

Examples

Take-profit price reached

Unrealized losses reached a certain level

📌 Tips
→ Set alerts separately from orders
(This acts as psychological insurance)

③ Use it for economic indicators and time management

Objective: Don’t forget important events

Examples

5 minutes before indicator announcements

London/NY market open

📌 Tips
→ Use time alerts and price alerts together

④ Simultaneous monitoring of multiple currency pairs

Objective: Efficiently identify opportunities

Examples

Set alerts for 5-10 currency pairs

Check charts only for alerts

📌 Tips
→ Don’t add too many currencies (maximum of around 10)

⑤ “Get away from the market” with smartphone notifications

Objective: Don’t disrupt your daily routine

Receive notifications even while at work or on the go

Prevent being glued to the chart

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