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TraderWAI › Brokers and prop firms › XM
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How to connect Cursor to your XM account

With TraderWAI, Cursor can read live charts, check your XM account and prepare orders with stop loss and take profit that you approve. Setup takes a few minutes.

Connect XM to Cursor in 2 minutes — free

1. Add TraderWAI to Cursor

Works in Cursor (Agent).

  1. In Cursor go to Settings → Tools & MCP → «Add new MCP server».
  2. Or paste the configuration below into ~/.cursor/mcp.json.
  3. Click «Login» / «Connect» next to traderwai and sign in with Google.
  4. Use the chat in Agent mode and ask for what you need.
Add to Cursor

2. Connect your XM account

In TraderWAI, add your XM account with the platform it uses:

MetaTrader 5

Enter your MetaTrader 5 login (account number), the master password and the server name exactly as it appears in MetaTrader. The account is set up in 1–3 minutes.

MetaTrader 5 is included in the Trader plan ($29/month). Charts and analysis are free on every plan.

Detailed guide: Cursor + MetaTrader 5 →

MetaTrader 4

Enter your MetaTrader 4 login (account number), the master password and the server name exactly as it appears in MetaTrader. The account is set up in 1–3 minutes.

MetaTrader 4 is included in the Trader plan ($29/month). Charts and analysis are free on every plan.

Detailed guide: Cursor + MetaTrader 4 →

The platforms each firm offers can change; check which one your account uses in your XM dashboard.

3. Ask Cursor

Try one of these in a new chat:

  • «Show me the gold H1 chart and tell me where the key levels are.»
  • «What positions do I have open and how much am I risking?»
  • «Prepare a buy limit on EUR/USD at yesterday's low with a 20-pip stop and a 2R target. I'll approve it.»

XM with your AI, step by step

XM accounts connect to TraderWAI as MetaTrader 4 or MetaTrader 5 accounts; the XM App itself is not connected. Your AI then reads your XM account and live charts through TraderWAI's MCP server and prepares orders you approve.

  1. Add https://mcp.traderwai.com to your AI as a custom connector (MCP server).
  2. Find the login, password and server of your XM MT4 or MT5 account. The server depends on the XM entity and server your account was opened on: copy it from MetaTrader.
  3. In TraderWAI go to Settings → Broker accounts → Add account → MetaTrader and enter them. The first connection takes 1–3 minutes.
  4. MetaTrader accounts are included in the Trader plan; charts and analysis are free on every plan.

Example prompt for Cursor

«With my XM MT5 account, show me gold on H4 and H1, mark the key levels and prepare a sell limit at resistance with a stop above it and a 2R target. I'll approve it.»

Every order carries a stop loss, is checked against your risk limits and waits for your approval unless you turn on auto-execution for that symbol.

XM and TraderWAI: what to know

  • XM offers MetaTrader 4 and MetaTrader 5, plus the XM App. You connect your XM MT4 or MT5 account to TraderWAI; the XM App is not connected directly.
  • XM has demo accounts on MT4 and MT5, so you can test your AI on a demo first.
  • Enter the server exactly as it appears in MetaTrader for that account: it depends on the XM entity and server your account was opened on.

What Cursor can do with your XM account

  • Read live charts in any timeframe, with the indicators you ask for.
  • Check your balance, open positions and pending orders.
  • Backtest a strategy idea on historical data before risking anything.
  • Prepare market, limit and stop orders with stop loss and take profit that you approve.
  • Leave conditional orders that TraderWAI watches every minute.
  • Respect your risk limits: maximum daily loss and drawdown, risk per trade, size and number of trades.

XM and Cursor: questions

Can I connect both my XM MT4 and MT5 accounts?

Yes, as separate accounts. The Trader plan includes one MetaTrader account and Max includes three.

Can I use the investor password?

No. The investor password is read-only and cannot place orders; use the account's main trading password.

Can I connect ChatGPT to my XM account?

Yes. Add TraderWAI to ChatGPT (any plan, including Free) and connect your XM MT4 or MT5 account with its login, password and server. MetaTrader accounts are included from the Trader plan; charts and analysis are free.

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Related guides

  • Broker MCP server: connect Claude or ChatGPT to your broker (Exness, FTMO, Pepperstone…)
  • Which brokers can you connect to ChatGPT, Claude or Grok? (2026)

Other AIs with XM

  • How to connect Claude to your XM account
  • How to connect ChatGPT to your XM account
  • How to connect Grok to your XM account
  • How to connect Gemini to your XM account
  • How to connect Perplexity to your XM account
All about XM and TraderWAI

TraderWAI is independent software and is not affiliated with XM. Trading involves risk; TraderWAI does not provide investment advice.

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Trading leveraged products such as CFDs, forex and futures carries a high risk of losing money. TraderWAI is a technology tool: it does not provide investment advice and does not manage funds. The AI's analyses and proposals are not recommendations; you decide every order.

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