How To Change Your Master Password In MetaTrader 4 MT4

One question I have recieved a few times recently was, how can I change my master password in MetaTrader 4?

SO…I decided to make a post and quick video to explain and make for easy sharing in the future!

How To Change Your Master Password In MetaTrader 4 – MT4

When you create a new MetaTrader 4 account, you are given a string of upper and lower case characters as a password.  At this point, you decide to save them in a safe place, so that you have it to be able to login to other computers, VPS setups, or your mobile devices.

This unique password is essential to have access to, but not something you want getting out as it is a direct access to the funds you have worked so hard for.

Now, YES… you can add it to a password safe program or app, but here is how you can eliminate the issue altogether.

So, let me explain to you in a few easy steps!

Step 1

  1. Open your MT4 Trading Terminal
  2. Click on Tools > Options
metatrader 4 change password mt4

Step 2

  1. Select the Server Tab
  2. Click on the “Change” button to the right of Password
  3. Enter your current MT4 password
  4. Select Change master password
  5. Type the password of your choosing
  6. Confirm by typing it again
  7. Click “OK”
metatrader 4 change password mt4 server tab change

Step 3

  1. In the lower right corner of your MT4 terminal, you will see the bars turn red
  2. It will then state Invalid account
mt4 metatrader 4 invalid account

Step 4

  1. Click on the File Tab > Login to Trade Account
metatrader 4 mt4 login to trade account

Step 5

  1. Enter your MT4 account number
  2. Enter your new password
  3. Select the correct Server for your account
  4. Select the check box for Save account information if you prefer
  5. Click “Login”
metatrader 4 mt4 login to trade account

Step 6

  1. That’s it!  Give it a minute to fully load, and then you should see that the red bars change to a green/blue color in your Metatrader 4 Terminal
metatrader 4 mt4 terminal account login

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