What is XM MT5?#
MetaTrader 5 (MT5) is the next-generation trading platform from MetaQuotes, and XM offers it free to all account holders. MT5 builds on the success of MetaTrader 4 with more timeframes, more order types, a built-in economic calendar and full multi-asset support — allowing you to trade Forex, stocks, commodities, indices and cryptocurrencies from a single platform.
XM's MT5 integration provides the same tight spreads, fast execution and full account management features as MT4, making it the ideal choice for traders who want advanced charting and analysis tools.
Key MT5 Features#
- 21 timeframes (vs 9 on MT4) — from 1-minute to monthly charts, plus unique intervals like 2-hour and 8-hour
- 6 order types — market, limit, stop, stop limit, trailing stop and fill-or-kill
- Depth of Market (DOM) — view real-time buy and sell orders at different price levels
- Built-in economic calendar — track high-impact news events directly inside the platform
- 38 built-in indicators and unlimited custom indicators via MQL5
- Multi-asset trading — Forex, stock CFDs, metals, energies, indices and crypto from one account
- Hedging and netting — choose your preferred position accounting method
- MQL5 community — access thousands of Expert Advisors, indicators and scripts
System Requirements#
| Platform | Requirements |
|---|---|
| Windows | Windows 7 or later, 512 MB RAM, 50 MB disk space |
| macOS | macOS 10.13 or later (via native app or Wine) |
| iOS | iOS 14.0 or later (iPhone/iPad) |
| Android | Android 7.0 or later |
| Web Trader | Any modern browser (Chrome, Firefox, Safari, Edge) |
How to Download XM MT5 — Step by Step#
Step 1: Open or Verify Your XM Account
If you do not have an XM account, register at the official XM website. Complete the verification process by uploading your ID and proof of address. If you already have a verified account, proceed to the next step.
Step 2: Create an MT5 Trading Account
Log in to the XM Members Area. Under "My Accounts," click "Open Additional Account" and select MetaTrader 5 as your platform. Choose your account type (Micro, Standard or Ultra Low), base currency and leverage level.
Step 3: Download MT5 from XM
Navigate to the "Platforms" section on the XM website or Members Area. Select the version for your operating system:
- Windows: Download the .exe installer
- macOS: Download the .dmg file
- iOS: Get XM MT5 from the App Store
- Android: Get XM MT5 from Google Play
Step 4: Install and Log In
Run the installer and follow the on-screen instructions. Once installed, open MT5 and enter the login credentials sent to your email — your account number, password and server name (e.g. XMGlobal-MT5).
Step 5: Configure Charts and Start Trading
Customise your workspace by adding currency pairs to Market Watch, opening charts, applying indicators and setting up your preferred timeframes. You are now ready to analyse the markets and place trades.
XM MT5 vs MT4 Comparison#
| Feature | MT4 | MT5 |
|---|---|---|
| Timeframes | 9 | 21 |
| Order Types | 4 | 6 |
| Built-in Indicators | 30 | 38 |
| Economic Calendar | No | Yes |
| Depth of Market | No | Yes |
| Stock CFDs | Limited | Full range |
| Programming Language | MQL4 | MQL5 |
| Strategy Tester | Single-threaded | Multi-threaded |
| Position Accounting | Hedging | Hedging + Netting |
| Pending Order Types | 4 | 6 |
MT4 remains the more popular choice for Forex-only traders due to its simplicity and vast library of custom EAs. MT5 is the better option if you want to trade stocks, need more timeframes or prefer a modern interface with enhanced back-testing.
XM MT5 on Mobile#
The XM MT5 mobile app is available for both iOS and Android, offering a full trading experience on the go:
- Real-time quotes and one-tap trading for fast execution
- Interactive charts with 30+ indicators and 24 analytical objects
- Push notifications for price alerts and order status updates
- Full account management — deposit, withdraw and manage positions from your phone
- Fingerprint / Face ID login for secure, fast access
Download from the App Store (iOS) or Google Play (Android) and log in with the same MT5 credentials you use on desktop.
XM MT5 Web Trader#
If you prefer not to install software, XM offers MT5 Web Trader — a browser-based version that works on any device with an internet connection:
- No download or installation required
- Access from Windows, Mac, Linux or Chromebook
- Same charting tools, indicators and order types as the desktop version
- Secured with SSL encryption
- Simply visit the XM website, click "Web Trader" and log in
Web Trader is ideal for travelling, using shared computers or trading from devices where you cannot install software.
Tips for MT5 Beginners#
1. Start on a demo account: XM offers free MT5 demo accounts with $100,000 virtual funds — practice before risking real money
2. Learn keyboard shortcuts: Press F9 for new order, Ctrl+T for terminal, Ctrl+M for Market Watch — speed up your workflow
3. Use templates: Save your chart layout as a template so you can apply it to any symbol instantly
4. Explore the economic calendar: MT5's built-in calendar highlights market-moving events — check it before trading
5. Back-test strategies: Use MT5's multi-threaded strategy tester to evaluate Expert Advisors faster and more accurately than on MT4