Change Meta Trader 4 passwords
I know you might be wondering how to change Meta Trader 4 Passwords for user-friendly platforms like MT4 and MT5 (MT4/MT5) when the need arises. In case you are one of them, I am here to show you how to do it. Necessity for strong security is growing high for trading accounts and other financial market.
As a beginner trader who does not have a lot of expeince in this financial market , you need to be responsible for your personal data by ensuring that your credentials and banking data is transferred via safe and encrypted channels. In additional to this, you also need to ensure that your private data is stored correctly as per the agreement with a licensed trading company.
With many brokers out there, it is now easy for the traders to be in control and have authority over their account by changing this password when one feel like to. In this article, I have provided you all the steps on how to change password on metaTrader 4
This guide will help you to:
- Select your trading account;
- Change your default password with a new one;
- Make sure the changes are correct;
Step 1 – Use the MT4 Options window
When you want to change your password for the MetaTrader 4 platform, please go to the “Tools” main menu and select “Options” from there.
Step 2 – Select an account
Select the first tab in the “Options” window – “Server” and make sure the correct account and server (Demo or Live/Real) are selected before you make any changes. Click the “Change” button to start the procedure. Another window will pop up.
Step 3 – Change your Meta Master Password
In this window, you will notice that the login is the same as your account number with hotforex and it cannot be changed. To change your password, you need to know your current login password (Meta Master password). Make sure that “Change master password” is selected. Write in your new password in both fields – the password fields are encoded, so make the changes carefully.
Select “Change investor password” only in case you want to change your Investor password (it allows others to enter your account and see your trades without executing any themselves).
Confirm the changes with the “OK” button.
Click “OK” in the “Options” window as well.
Your password is now changed. Make sure you save it. Only you have access to it.
You can continue trading right away and safely with your new credentials with my best the recommended broker.
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