XMTrading: What is webtrader? How to use and features Differences from MT4

XMTrading

We will explain how to access, use, and install XMTrading’s webtrader for trading. When you actually start trading with XMTrading, most people will likely download and install MT4 or MT5 before using it. However, if you find this troublesome, we recommend the web trader provided by XM. Webtrader requires no downloads or installations, so you can start trading immediately.

What is a web trader in XMTrading?

WebTrader is a compatible platform that allows you to trade on a web browser. There is no need to run any software on your computer, so you can trade even on a low-spec computer. WebTrader cannot be used on smartphones, so please use the app version. Members do not need to set any information and can easily trade by simply accessing the page with a new browser. You can also try opening several on the web.

Difference between web trader and download software

WebTrader has slightly fewer functions than the software version, but it is sufficient for discretionary trading. I have summarized the differences between web trader and downloaded software in a table. Let’s check it out. We handle both currency pairs and other stocks in the same way. The same applies to trading hours. Some vendors do not support WebTrader. You can easily order by right-clicking.

webtraderSoft
Downloadunnecessaryneed
garbled charactersnonecan be
One-click orderPossiblePossible
number of indicators3157
automated tradingImpossiblePossible

garbled characters

When using the Mac version of MT4 or MT5, garbled characters may occur depending on the software. This is because MetaTrader was developed for Windows and is not intended for Mac. If you want to trade using a Mac, you may want to consider the web trader version. With WebTrader, garbled characters do not occur at all. It is very stable and can be used with confidence even if you hold a position.

less indicators

WebTrader has fewer indicators than the software version, so it cannot be said to be perfect. Famous features such as moving averages, Bollinger Bands, and Ichimoku Kinko Hyo are available. Also on webtrader. It is also not possible to add indicators. You will need to be very careful when using both sides and scalping. However, it is popular because you can easily order using a tablet.

can’t auto trade

Webtrader does not allow you to install custom indicators, nor does it allow automatic trading. To perform automatic trading, you need an environment where you can start MT4/MT5 and connect it yourself. There is not much difference in commitment power. Both stocks allow you to invest in a wide variety of stocks (CFDs, currency pairs, precious metals, energy).

Launching WebTrader

WebTrader can be found on the official website of XM Trading. First, log in to the official website.

For the Japanese version site, select “Platform” → TM4/5 WebTrader. Clicking on a link usually launches it immediately in an external browser. It is easy for investors to use as it is possible to customize quotes and other features, and there are no restrictions on content. You can also ask questions about how to use it through live chat.

Source : https://xmtrading.com/

For the English version site, select “Platforms” → TM4/5 WebTrader.

Source : https://xmtrading.com/

Start by launching a new web trader from the red button below. As soon as you enter your account (account number, password, server name), you will be taken to the transaction screen. As a reference, there is also official operational support, so let’s take a look. If you can manipulate files at an internet cafe, you can trade and place orders, so it is recommended. You can not only buy and sell, but also set limit prices.

Source : https://xmtrading.com/

How to use and features of web trader

I think that the login screen will be displayed when you start the web trader. When you log in by selecting your login ID, password, and server name, the following screen will appear.

Source : https://xmtrading.com/

It is a service that allows you to log in to the system on the web and trade without installing MetaTrader, and the usability is the same as MT4 and MT5.

Difference between web trader and MT4/MT5

Web Trader has different features from MT4 and MT5. It is possible to trade multiple products at the same time. Indicators such as moving average lines can also be used with many patterns, so you can rest assured. You can use it as soon as your account is activated. Settings and rules such as quantity and fees are the same as regular MT4 and MT5. The broker has multiple licenses from the Financial Services Agency, so it is highly reliable.

Trade without installation/download

The biggest advantage is that it can be used immediately on the web without downloading. It is attractive to be able to experience the ease of operating an application on a smartphone on a PC.

No computer specs required

XM Web Trader does not require software to be installed, and can be used without pressure on the capacity of the personal computer because it is completed only on the web. When making an entry payment, it is a very important action because it is the timing that determines the success or failure, but if the action is stuck at that timing, there is a possibility that you will generate a loss instead of making a profit. increase. With web trader, you can avoid the above risks.

Alternatives when the app doesn’t work

Basically, I think that it is often used to trade with the app, but since the app is also a system created by people, there are occasional problems. Even if you encounter such a situation, there is no need to rush, as long as you can open the web trader on your PC and trade immediately, there is no problem.

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