How To Install Multiple MT4 Instances On One Computer – Step By Step

Sometimes as a trader you will want to be trading on multiple accounts at the same time. Whether this is to reduce risk or manage positions differently on accounts, there’s a huge amount of benefits to having multiple MetaTrader 4 platforms running at once. The issue is, buying a whole new computer to just run a MetaTrader terminal seems ridiculous. So, is it possible to have multiple MT4 platforms running on just the one computer?

It is possible to run multiple MetaTrader 4 instances on one computer, simultaneously. This can easily be done by visiting your Program Files, then copy and pasting the existing MetaTrader file multiple times and renaming it each time. Repeat this process until you have enough terminals running. The amount of MetaTrader copies you can run at once will depend on the amount of CPU available.

How To Install Multiple MT4 Platforms – Step By Step Guide

Installing multiple MT4 platforms on Windows is extremely simple but can seem overwhelming to traders that aren’t too tech savvy. Luckily, you can get the whole process done in literally seconds, and here’s how…

1. Ensure that you have at least 1 MetaTrader 4 Platform Installed

The first step is to just install the first platform. This should be done on the C:\Program Files drive. By default, when installing a copy of MT4 from your brokers website, it will install here. If you’re having trouble finding MT4 to download, you will be able to get it from your brokers client area.

2. Open C:\Program Files

You will find this in your computers local disk. This is where your first MT4 version should be installed.

3. Copy The MetaTrader 4 File (Control + C)

This step is fairly self explanatory, we are simply looking to duplicate the MetaTrader file within Program Files.

4. Paste The MetaTrader 4 File (Control + P)

Paste the file in the same Program Files area.

5. Rename The MetaTrader File

When pasting, it will automatically have the same name as the copied file and ask us to rename the file. You should name your MT4 versions in a very logical way, to make it easier to manage. A good example would be:

  • MetaTrader 4 – 1
  • MetaTrader 4 – 2
  • MetaTrader 4 – 3
  • MetaTrader 4 – 4

This will make life easier down the road.

6. Open Each MT4 Copy And Follow Setup Instructions

You will now need to log in to each MetaTrader version and login to your trading accounts. This is very simple and should only take a few minutes. And now you’re all done! You should be able to open and run all of your new MT4 versions at once.

Why Do Traders Want Multiple MT4 Instances On 1 Computer?

Traders typically want multiple MT4 instances so they’re able to trade multiple accounts at the same time. Having to manually log out of an MT4 account, then back into a different account multiple times is extremely slow and not efficient. This is where having multiple MT4 instances comes in…

I personally use multiple MT4 platforms alongside a forex trade copierOpens in a new tab.

I have used MT4 CopierOpens in a new tab.

There are other reasons traders like to run multiple MT4 programs at once, but the majority of traders doing this will only have multiple platforms purely to copy trades.

Can I Run Unlimited MT4 Platforms At Once?

In theory, you could run as many MT4 instances as you wanted. Metaquotes haven’t limited the amount of instances it’s possible to run or install at once. The only twos aspects that are keeping you limited is the amount of CPU at your disposal and the fact Windows will only let you have 30 of the same program. With the majority of generic computers retail forex traders use, you could get away with 3 or 4 instances of MT4. This is great but some traders need much more than this.

To test how many instances you can run, I would keep adding one more MT4 instance until you notice a drop in performance on the PC. This will most likely be slow loading times, lag between you clicking and the action taking place and the mouse being erratic. Once you reach that limit, delete a few of the terminals and that will be your safe limit.

My PC wasn’t good enough to run multiple MT4 instances whilst I was working, so I started using a ForexVPS.Opens in a new tab.

With a VPS you can also guarantee faster connection, lower latency and ensure that you always have enough CPU to run all of the trading programs you need. I have a full ForexVPS review hereOpens in a new tab.

Can I Have MT4 Platforms From Different Brokers Open?

You can run multiple MT4 platforms running at once and they do not need to be from the same broker. For instance, you can run a Hugosway MT4Opens in a new tab.

In fact, I advise using multiple different brokers as this limits your exposure to one broker and ensures you’re much safer within the markets.

Conclusion – How To Install Multiple MT4 Terminals On One Computer

In summary, you can setup multiple MT4 instances on one computer by copying and pasting your MT4 file within Program Files. Rename the new MT4 copy, follow the setup instructions and you’re done. You can run up to 30 MT4 copies on one computer but the average PC is going to be able to run about 3-4 versions before performance takes a hit. I would highly recommend running all MT4 platforms with MT4 CopierOpens in a new tab.

If you run multiple platforms please do let me know in the comments down below, I’d love to know how many you’re able to run safely.

Kyle Townsend

I've been trading forex full-time since 2016. Over the last few years I have tried and tested all of the most popular forex brokers after being scammed by an unregulated broker back in 2017. I post my reviews to help others stay away from potentially high risk brokers!

Recent Content