XTB is one of the reputable trading exchanges, with the largest number of customers today. Currently, XTB is providing a variety of platforms to support traders in the investment process. So what platform is XTB MT5? Is it supported on XTB? The question will be clarified after you refer to the XForex  article.

What platform is XTB MT5?

MT5 is one of the Forex trading platforms with the largest number of customers participating in financial analysis and investment today. XTB MT5 provides a variety of trading features and analytical tools to help investors.

Features of XTB MT5

Some outstanding features of the MetaTrader 5 platform include:

• The number of timelines increased from 9 to 21.
• Provides more than 80 technical indicators and chart analysis tools.
• 6 pending orders.
• An economic calendar.
• Live display of market depth on the price chart.
• The MQL5 programming language allows programmers to build technical indicators, EAs, and separate scripts, supporting optimal trading.
• Trading in classic stocks is allowed.
• Can be installed on both phones and computers extremely simply.

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Does the XTB Vietnam platform support the MT5 platform?

The answer is No. Instead, XTB provides the familiar MT4 platform and the exclusive xStation 5 platform to support investors during the trading process.

Compare the XTB MT5 platform with the XTB xStation

Although the XTB exchange does not support the MetaTrader 5 platform, investors still have other optimal options. Let’s explore the differences between these two platforms to better understand.

What is xStation 5 on XTB exchange?

For those who don’t know, xStation 5 is a proprietary trading platform developed by broker XTB in 2008. This platform only serves customers who have created XTB accounts.

Although released later than MT4, its superiority cannot be denied. The platform has outstanding and useful features and tools to help investors easily access XTB products.

xStation 5 features you should know:

• Diverse trading products: Including more than 4000 currency pairs, commodities, stocks, virtual currencies,…
• Intuitive graphs: Allow traders to monitor each market movement with a clear, easy-to-understand interface.
• Easy to manage when trading: Make deposits and withdrawals directly on the platform. Switch between accounts quickly, and open and close orders simply.
• Follow market trends closely: Reporting the latest news helps traders grasp the market quickly.
• Provides an economic calendar close to market fluctuations.

Features of the XTB MT5 platform

For long-time investors, MetaTrader 5 is certainly no stranger. This is an upgraded version compared to MT4.

But overall, MT4 is still the platform with more users than XTB MT5. Sometimes an improved version will work for you.

Normally, investors are too familiar with using MT4. However, the interface will be more difficult to use than the previous version. Therefore, many people have chosen to continue using MT4 to trade instead of MT5.

However, under the continuous development efforts of XTB, the exchange has launched a completely new platform xStation. The platform is built with cutting-edge technology, super fast order processing speed, and many other advantages that have gradually replaced the MT4 and MT5 platforms.

Should I choose the XTB MetaTrader 5 or the xStation 5 XTB platform when trading?

Currently, compared to XTB MetaTrader5, xStation is rated higher, becoming a new platform with many modern features. Specifically:

xStation 5 has a friendlier interface than XTB MT5

With the advantage of being a later platform, xStation has optimized its interface. The design is intuitive, simple, and extremely easy to understand for new investors. Here, customers will be provided with many new features only available at xStation. Specifically:

• Change the color and size of the chart.
• You can zoom in and out vertically by increasing or decreasing the candle length.
• The display frame is also arranged scientifically and is easy to see.
• There is a video tutorial for newbies right on the graph.

xStation has overcome the disadvantages of the previous MT5. Helps new investors easily access, get acquainted and quickly participate in transactions.

xStation can turn commands on and off in just one click

For the XTB MT5 platform, to adjust Stoploss or Takeprofit, investors need to go through many operations. But coming to xStation, traders can easily change right on the chart, turning orders on and off with just a simple click.

Specifically, at running commands, just click the Close button. After that, the system will display 3 options: Close all, close profitable orders, or close losing orders. Depending on the trader’s trading strategy, the appropriate choice will be made.

xStation provides professional market analysis

It can be said that this is the most outstanding feature of xStation compared to the XTB MT5 platforms as well as other platforms. Investors will be provided with 5 tools, helping to accurately analyze the market. From there, make wise decisions in each transaction.

Those 5 tools include:

• Market trend: Indicates whether the product you are interested in has a higher Buy rate or a higher Sell rate, which side has the upper hand.
• Most volatile: xStation lists the 10 products with the strongest fluctuations over 1 day, 1 week, 1 month, etc. From there, it helps traders determine the general trend of the market as well as each type of product. Products.
• Stock scanner: Allows investors to filter out stocks that match their requirements. From there, there is an overview of future fluctuation trends.
• Market depth: Helps investors know how current trading and liquidity this product is.

How to install xStation on the XTB exchange

• Step 1: Search for the link and access the XTB exchange.
• Step 2: Go to the Trading Platforms section.

• Step 3: Find the Download mobile app section. The system will switch to the App Store channel for iPhone phones or CH Play for Android phones.

• Step 4: Here, select “Get” or “Install” for the platform to be downloaded. Installation time will take about 1 – 2 minutes. After that, investors only need to start the application, log in and can continue trading here.

>>>See more: Instructions on XTB open account steps quickly

Conclude

Above is a summary of information about XTB MT5. Hopefully, it will help investors better understand the characteristics of each platform and make appropriate choices. Don’t forget to follow XForex  next articles to better understand the XTB exchange.

FAQ

Who is MT5 suitable for?

The MT5 platform is suitable for all investors, whether inexperienced or experienced can use it.

Is it possible to download MT5 on the XTB platform?

The answer is NO. Currently, XTB does not support the MT5 platform, so you can only install the application by directly accessing the Metaquotes website to install. However, you can use alternative platforms such as MT4 or the exclusive xStation 5 developed by XTB to participate in trading.

If it doesn’t support MT5, what trading platforms does XTB offer?

Investors will experience trading on the xStation platform developed by XTB itself. In addition, MT4 is also a platform supported by XTB. This is one of the familiar trading platforms for traders. Therefore, investors can refer to and choose the platform that suits their needs.