Free Expert Advisors for MetaTrader 4 & 5
Get started with automated forex trading using our four free Expert Advisors. Each EA ships in both MT4 (.ex4) and MT5 (.ex5) builds — pick whichever platform you trade on. All EAs are completely free and include built-in risk management features.
🚀 Already have an XM account? Activate your free EAs with the form below — instant, one step. 🆕 No XM account yet? Open one free in 5 minutes — minimum deposit $5.
Activate Your Free EA — One Step
Enter your XM MT4/MT5 account number to unlock all four EAs. No second page, no email back-and-forth.
By activating you accept our terms and the risk disclosure. We don't share your data.
The 4 Free EAs (preview)
| EA | Strategy | Best for |
|---|---|---|
| SteadyPips | EMA trend following | Beginners — conservative, low drawdown |
| GridMaster | Grid trading | Ranging markets — XAU, EUR/USD |
| BreakWave | Bollinger squeeze breakout | Volatility expansion phases |
| TripleAlign | Triple-EMA + ADX trend | Higher-conviction trend entries |
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How to Get Started
- Open an XM Trading Account — Click here to open your free account (5 min, $5 min deposit)
- Activate & Download — Enter your MT4 account number in the form at the top of this page
- Install & Trade — Follow our installation guide
System Requirements
- MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platform — each EA ships in both
.ex4and.ex5builds - XM Trading account (open free account) — the same account number works for MT4 and MT5
- For MT5 GridMaster: an XM Standard (hedging) MT5 account is recommended; the grid logic relies on multiple simultaneous positions per symbol
- Minimum recommended deposit: $200
- VPS recommended for 24/7 operation
- Add
https://api.steadypips.netto Tools → Options → Expert Advisors → Allow WebRequest for listed URL on first launch (required for license verification)
Need Help?
- How to Install an EA on MT4
- SteadyPips Setup Guide
- GridMaster Setup Guide
- How to Backtest a Forex EA
- What Is an Expert Advisor?
Learn More About Our Strategies
- Grid Trading Strategy: Complete Guide
- What Is Grid Trading in Forex?
- Forex Risk Management Guide
- Technical Analysis Basics
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Affiliate Disclosure: This page contains affiliate links. If you open an XM account through our links, we may receive a commission at no additional cost to you. This helps us continue developing and providing free trading tools.
Risk Warning: Trading foreign exchange (Forex) on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment, and therefore you should not invest money that you cannot afford to lose. Past performance is not indicative of future results.