Download XM Metatrader 5 for PC: A Guide for Beginners
If you are looking for a powerful and versatile trading platform that can handle multiple asset classes, then you might want to consider downloading XM Metatrader 5 for PC. XM Metatrader 5, or XM MT5 for short, is a multi-asset platform that allows you to trade forex, stocks, commodities, indices, and cryptocurrencies with ease. In this article, we will show you how to download XM MT5 for PC, and how to use its main features and functions.
What is XM Metatrader 5?
XM Metatrader 5 is a trading platform developed by MetaQuotes Software Corporation, the same company that created the popular Metatrader 4 platform. XM MT5 is an upgraded version of MT4, with more features, tools, and capabilities. XM MT5 is designed to meet the needs of modern traders who want to access multiple markets and instruments from one platform.
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Benefits of XM Metatrader 5
Some of the benefits of using XM MT5 are:
You can trade over 1000 instruments, including forex, stocks, commodities, indices, and cryptocurrencies.
You can access different types of orders, such as market, pending, stop, and trailing stop orders.
You can display up to 100 charts simultaneously, with different timeframes and indicators.
You can use over 80 technical indicators and over 40 analytical tools to analyze the market trends and signals.
You can use the built-in MQL5 development environment to create your own custom indicators, scripts, and expert advisors.
You can trade on the go with the mobile trading app for Android and iOS devices.
You can trade from your web browser with the web trading platform for Windows, Mac, and Linux operating systems.
Features of XM Metatrader 5
Some of the features of XM MT5 are:
You can choose between two position accounting systems: netting and hedging. Netting means that you can only have one open position per instrument at a time. Hedging means that you can have multiple open positions per instrument at a time.
You can use the internal mailing system to communicate with other traders and receive important notifications from XM.
You can use the multi-currency tester to backtest your trading strategies on historical data.
You can use the alerts system to set up sound and email notifications for specific market events.
How to download XM Metatrader 5 for PC?
To download XM MT5 for PC, you need to follow these steps:
Step 1: Open an account with XM
The first step is to open an account with XM, a regulated and reputable online broker that offers XM MT5 as one of its platforms. You can choose from three types of accounts: Micro, Standard, or Ultra Low. Each account type has different features and conditions, such as minimum deposit, leverage, spreads, commissions, etc. You can also open a demo account if you want to practice trading with virtual money before risking real money.
Step 2: Download the XM MT5 platform
The second step is to download the XM MT5 platform from the official website of XM The second step is to download the XM MT5 platform from the official website of XM. You can find the download link on the homepage, or you can go to the Platforms section and select XM MT5. You will be redirected to a page where you can choose the version of XM MT5 that suits your operating system: Windows, Mac, or Linux. Click on the download button and save the file on your computer.
Step 3: Install the XM MT5 platform
The third step is to install the XM MT5 platform on your PC. To do this, you need to locate the downloaded file and run it as an administrator. You will see a welcome screen that will guide you through the installation process. You can choose the language, the destination folder, and the program group for XM MT5. You can also agree to the terms and conditions and opt-in for receiving news and updates from XM. After the installation is complete, you will see a confirmation screen that will allow you to launch XM MT5.
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Step 4: Log in to the XM MT5 platform
The fourth step is to log in to the XM MT5 platform with your account credentials. When you launch XM MT5, you will see a login window where you need to enter your account number and password. You can also choose the server that corresponds to your account type: Micro, Standard, or Ultra Low. If you have a demo account, you need to select the Demo server. After you log in, you will see the main interface of XM MT5, which consists of several windows and menus.
How to use XM Metatrader 5 for PC?
Now that you have downloaded and installed XM MT5 for PC, you might be wondering how to use it for trading. Here are some of the basic functions and features that you need to know:
How to open and close trades on XM MT5
To open a trade on XM MT5, you need to select the instrument that you want to trade from the Market Watch window, which shows the live prices of all available instruments. You can right-click on the instrument and choose New Order, or you can double-click on it. You will see an order window where you can specify the type of order, the volume, the price, and the stop loss and take profit levels. You can also add a comment if you want. After you confirm your order, it will be executed and displayed in the Trade window, which shows your open positions, pending orders, and trading history.
To close a trade on XM MT5, you need to select the position that you want to close from the Trade window and right-click on it. You will see a menu where you can choose Close Order, or you can double-click on it. You will see a confirmation window where you can modify or cancel your order. After you confirm your order, it will be executed and displayed in the History window, which shows your closed positions and trading results.
How to use technical indicators and analytical tools on XM MT5
To use technical indicators and analytical tools on XM MT5, you need to open a chart of the instrument that you want to analyze from the Market Watch window. You can right-click on the instrument and choose Chart Window, or you can drag and drop it onto an existing chart. You will see a chart window where you can customize the appearance, timeframe, and type of chart. You can also add indicators and objects from the Insert menu or from the Navigator window, which shows all available indicators and tools. You can apply indicators and objects to your chart by double-clicking on them or by dragging and dropping them onto your chart. You can also edit their properties by right-clicking on them and choosing Indicator Properties or Object Properties.
How to access different markets and instruments on XM MT5
To access different markets and instruments on XM MT5, you need to use the Symbols window, which shows all available instruments grouped by categories such as Forex, Stocks, Commodities, Indices, etc. You can open the Symbols window by clicking on View > Symbols or by pressing Ctrl+U on your keyboard. You will see a list of categories that you can expand or collapse by clicking on them. You can also search for a specific instrument by typing its name or symbol in the search box at the top of the window. To add an instrument to your Market Watch window, you need to right-click on it and choose Show Symbol or Show All Symbols.
Conclusion
In this article, we have shown you how to download XM Metatrader 5 for PC, and how to use its main features and functions. We hope that this guide has helped you get started with XM MT5, one of the most powerful and versatile trading platforms in the market. XM MT5 offers you the opportunity to trade over 1000 instruments, use over 80 technical indicators and 40 analytical tools, create your own custom indicators and expert advisors, and access different types of orders and position accounting systems. XM MT5 is also compatible with mobile and web devices, so you can trade on the go or from your browser. If you want to experience the benefits and features of XM MT5, you can open an account with XM today and start trading.
FAQs
Here are some of the frequently asked questions about XM MT5:
Q: Is XM MT5 free to download and use?
A: Yes, XM MT5 is free to download and use for XM clients. You can download XM MT5 from the official website of XM or from the Platforms section of your XM account.
Q: What are the system requirements for XM MT5?
A: The minimum system requirements for XM MT5 are:
Operating system: Windows 7 or higher, Mac OS X 10.12 or higher, Linux Ubuntu 16.04 or higher
Processor: Intel Celeron-based processor or higher
Memory: 256 MB RAM or higher
Storage: 50 MB of free disk space or higher
Screen resolution: 1024x768 or higher
Internet connection: broadband or higher
Q: How can I contact XM customer support if I have any issues with XM MT5?
A: You can contact XM customer support via live chat, email, phone, or callback request. You can find the contact details on the Contact Us page of the XM website. XM customer support is available 24/5 in over 30 languages.
Q: How can I learn more about XM MT5 and its features?
A: You can learn more about XM MT5 and its features by visiting the Education section of the XM website. You can find video tutorials, webinars, articles, and guides that cover various topics related to XM MT5 and trading in general.
Q: How can I switch from XM MT4 to XM MT5?
A: You can switch from XM MT4 to XM MT5 by opening a new account with XM and choosing XM MT5 as your platform. You can also transfer your funds from your existing XM MT4 account to your new XM MT5 account by using the internal transfer option in your XM account. 44f88ac181
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