Rimantas Petrauskas | Rimantas Petrauskas Forex Blog

How To Download MT4 and Open Forex Demo Account Without a Broker

Forex trader using MT4 trading platform and free demo account

In this MT4 tutorial, Rimantas explains how to download MetaTrader 4, the best Forex trading platform, and open Forex demo account without a broker. It is a brilliant idea if you are starting and want to practice Forex trading for free on MetaTrader 4. Don’t stop yourself from learning how to trade just because there are many Forex brokers with a bad reputation and you do not know which broker to choose. Start demo trading without a broker for now, and you can always pick one later when you feel you are ready to begin live trading.

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In this tutorial, Rimantas explains what MT4 investor password is and how you can use it. You’ll learn where to find it, how to create it, change it, or delete it. You’ll also learn how to become investor password Forex trader.

MT5 and MT4 trading platforms have quite a lot of things in common, but they are different at the same time. In this article, I will explain those differences in detail. So let’s compare MT4 vs MT5 now.

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Most Forex traders do not know that MetaTrader 4 trading terminal can’t run more than one Expert Advisor on the same chart. This limitation comes from MT4 terminal itself, which simply means you are not allowed to attach multiple EAs on the same chart window. So how do others run several Forex robots on the same MT4 terminal?

Actually, it’s quite simple to run many Forex EA on the same MetaTrader 4 terminal. You need to open a new chart for each Expert Advisor.

In this tutorial, I will clear up any doubts about this subject and will teach you how to set up more than one EA on your MT4.

Multiple MetaTrader 4 accounts installed on the same computer

Installing and running multiple MT4 client terminal instances on the same machine is easier than you might think. These days every MT4 user should learn how to do it.

This way you can open two, three or even more MT4 platforms on the same computer, login into different accounts and trade all of them at once. You can do this without the need to login-logout from the single MT4 platform. You will have all your accounts online at the same time, meaning you can trade your real and demo accounts simultaneously.