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Two MT4s but one live account?

  • #1
  • First Post: Mar 31, 2018 4:28am Mar 31, 2018 4:28am
Hi there,

I want to have two MT4s open from the same broker but I also want to log in with the same live account on these two MT4s.

First, is that possible?

Second, would that cause any issues?

Thank you for your help!
  • #2
  • Mar 31, 2018 7:01am Mar 31, 2018 7:01am
Quoting RaysJourney
Hi there, I want to have two MT4s open from the same broker but I also want to log in with the same live account on these two MT4s. First, is that possible? Second, would that cause any issues? Thank you for your help!
Don't see any issues with this.
  • #3
  • Mar 31, 2018 7:37am Mar 31, 2018 7:37am
Quoting RaysJourney
Hi there, I want to have two MT4s open from the same broker but I also want to log in with the same live account on these two MT4s. First, is that possible? Second, would that cause any issues? Thank you for your help!
I am not sure about the same computer but i am sure since i can have both laptop and desktop at same time working together with no problem
  • #4
  • Mar 31, 2018 8:18am Mar 31, 2018 8:18am
Quoting stoxos
{quote} I am not sure about the same computer but i am sure since i can have both laptop and desktop at same time working together with no problem
So you are logged in with the same live account on two different devices and two different MT4s and it works just fine?
  • #5
  • Mar 31, 2018 8:36am Mar 31, 2018 8:36am
Quoting RaysJourney
Hi there, I want to have two MT4s open from the same broker but I also want to log in with the same live account on these two MT4s. First, is that possible? Second, would that cause any issues? Thank you for your help!
If in C:\Program Files (x86) you make new folder for any new mt4 instance from same broker you can have in same pc as many mt4 instances with different acc or same acc in same broker as you want opened in same time,of course depend on how much your machine support .then on your desktop just rename every new shortcut as per your wish to be able to identify them well.
Attached Images
Take what you can, give nothing back
  • #6
  • Mar 31, 2018 8:44am Mar 31, 2018 8:44am
Quoting Husky77
{quote} If in C:\Program Files (x86) you make new folder for any new mt4 instance from same broker you can have in same pc as many mt4 instances with different acc or same acc in same broker as you want opened in same time,of course depend on how much your machine support .then on your desktop just rename every new shortcut as per your wish to be able to identify them well. {image} {image}
Thank you Husky for the kind explanation. Can you also confirm that being logged in with the same live account on at least 2 or more MT4s is not harmful and will not cause any issues? This is my main concern. Other users say it is okay, but the more people confirm, the better.
  • #7
  • Mar 31, 2018 8:49am Mar 31, 2018 8:49am
You can have multiple MT4 running on the same computer connecting to the same broker and same account and this will not create any issues.

Cheers!
  • #8
  • Mar 31, 2018 8:52am Mar 31, 2018 8:52am
Quoting RaysJourney
{quote} Thank you Husky for the kind explanation. Can you also confirm that being logged in with the same live account on at least 2 or more MT4s is not harmful and will not cause any issues? This is my main concern. Other users say it is okay, but the more people confirm, the better.
i can login in different mt4 instances in same pc in same broker same acc.and i can say no issues at all.i dont see why can be any issues as long each new folder you make in C:\Program Files (x86) will have separate data.
also you dont need always the setup file from any specific broker.mt4 is ... mt4.i can login in hotforex with the one took it and installed from admiral for example,just find your broker and server in the list.you can use main metaquotes mt4 if you have one since old times.now if you want download mt4 from them they just redirect you to mt5 cos there is no more updates and support for mt4.icon with specific broker name on it is just an icon,mt4 is same for all.
Take what you can, give nothing back
  • #9
  • Mar 31, 2018 8:52am Mar 31, 2018 8:52am
Quoting yalgaar
You can have multiple MT4 running on the same computer connecting to the same broker and same account and this will not create any issues. Cheers!
Thanks yalgaar!!
  • #10
  • Mar 31, 2018 8:53am Mar 31, 2018 8:53am
Quoting Husky77
{quote} i can login in different mt4 instances in same pc in same broker same acc.and i can say no issues at all.i dont see why can be any issues as long each new folder you make in C:\Program Files (x86) will have separate data. also you dont need always the setup file from any specific broker.mt4 is ... mt4.i can login in hotforex with the one took it and installed from admiral for example,just find your broker and server in the list.you can use main metaquotes mt4 if you have one since old times.now if you want download mt4 from them they just...
Thank you Husky! All clear.
  • #11
  • Mar 31, 2018 11:37am Mar 31, 2018 11:37am
Quoting Husky77
{quote} i can login in different mt4 instances in same pc in same broker same acc.and i can say no issues at all.i dont see why can be any issues as long each new folder you make in C:\Program Files (x86) will have separate data. also you dont need always the setup file from any specific broker.mt4 is ... mt4.i can login in hotforex with the one took it and installed from admiral for example,just find your broker and server in the list.you can use main metaquotes mt4 if you have one since old times.now if you want download mt4 from them they just...
No need to clutter up the ProgramFiles and appdata/roaming folders...

Instead of reinstalling the platform multiple times just copy the Metatrader (ProgramFiles) folder and paste it anywhere you want (e.g. dropbox folder) and as many times as you want (one for each running terminal). Go into your new folder(s) and create a shortcut to terminal.exe. Now open the properties to the shortcut and add " /portable" to the end of the target. Now your terminal instances will launch in portable mode and all of your MQL files will now be stored in your new folder instead of appdata/roaming. Just remember to always launch your terminals via the shortcut.
  • #12
  • Mar 31, 2018 12:15pm Mar 31, 2018 12:15pm
Quoting RaysJourney
Hi there, I want to have two MT4s open from the same broker but I also want to log in with the same live account on these two MT4s. First, is that possible? Second, would that cause any issues? Thank you for your help!
I see no reason why u open two instances unless u r arbitraging which brokers hates

if u r going to give ur login details to some one else to trade this might cause issues on broker side if broker understand d situation. its not allowed to login from other countries to d account. eg... ur residence in Germany n someone from UK trading ur account. how does broker know? from d IP of course. do they check it 100% probably not but if this is d case I advise u to ask your broker before doing such thing that can cause account bloc
fyi,,
WaBaS Where are Buyers and Sellers
  • #13
  • Mar 31, 2018 12:41pm Mar 31, 2018 12:41pm
this is even better way to do it.

Quoting braintheboss
{quote} Anyway the best way is not install MT4 with installer. I have a clean installation folder. When I need a new MT4 instance I only copy it with a new name. As MT4 is not installed preview files is not enabled and windows folder works normal and it not try read ex4 metadata and icon every time
Take what you can, give nothing back
  • #14
  • Mar 31, 2018 2:08pm Mar 31, 2018 2:08pm
Quoting RaysJourney
{quote} So you are logged in with the same live account on two different devices and two different MT4s and it works just fine?
yes i an have it open at the same time on laptop and on desktop
  • #15
  • Mar 31, 2018 2:45pm Mar 31, 2018 2:45pm
Quoting RaysJourney
{quote} So you are logged in with the same live account on two different devices and two different MT4s and it works just fine?
yes, with multiple device. i.e laptop, desktop, mac, linux, android phone, iphone etc..
no problem.
  • #16
  • Mar 31, 2018 3:08pm Mar 31, 2018 3:08pm
Quoting RaysJourney
{quote} Thank you Husky for the kind explanation. Can you also confirm that being logged in with the same live account on at least 2 or more MT4s is not harmful and will not cause any issues? This is my main concern. Other users say it is okay, but the more people confirm, the better.
If you really think that is an issue, even turning to a forum is bad. Simply ask your broker and you are 100% safe.

But yes, it is no problem.
Stochastic and Heikin Ashi
  • #17
  • Mar 31, 2018 3:11pm Mar 31, 2018 3:11pm
Quoting mr.brown
{quote} I see no reason why u open two instances unless u r arbitraging which brokers hates if u r going to give ur login details to some one else to trade this might cause issues on broker side if broker understand d situation. its not allowed to login from other countries to d account. eg... ur residence in Germany n someone from UK trading ur account. how does broker know? from d IP of course. do they check it 100% probably not but if this is d case I advise u to ask your broker before doing such thing that can cause account bloc fyi,,...
There are lots of reasons. You could run one instance per timeframe e.g.. You could also split pairs into multiple instances if you do not use any attach/detach tool. There are lots of reasons to run multiple instances that have nothing to do with arbitrage but rather with a more convenient way of trading.
Stochastic and Heikin Ashi
  • #18
  • Mar 31, 2018 3:28pm Mar 31, 2018 3:28pm
Quoting BudSpencer
{quote} There are lots of reasons. You could run one instance per timeframe e.g.. You could also split pairs into multiple instances if you do not use any attach/detach tool. There are lots of reasons to run multiple instances that have nothing to do with arbitrage but rather with a more convenient way of trading.
true that, passed d dark side I guess......
WaBaS Where are Buyers and Sellers
  • #19
  • Mar 31, 2018 6:38pm Mar 31, 2018 6:38pm
Hi,

I think you can easily do it by copying the MT4 data folder and open a new instance in it. You can connect in the same account with other devices too.

Regards!
  • #20
  • Apr 12, 2018 12:00pm Apr 12, 2018 12:00pm
Quoting RaysJourney
Hi there, I want to have two MT4s open from the same broker but I also want to log in with the same live account on these two MT4s. First, is that possible? Second, would that cause any issues? Thank you for your help!
Depends on what you want to do. They can easily track two different logins (using two different PC for example with MT4 installed on each), different IPs will create even bigger issues with their security filters. Better to know what your broker thinks about that.
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