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Change password

Here we'll look at how to change passwords on MetaTrader4 (MT4) / MetaTrader5 (MT5). There are 2 types of passwords for MT4/MT5. A master password for trading, and an investor password for browsing.

To change them, you must first login using the master password. You'll also need the master password when registering the new password. If you forget your master password, you won't be able to change your password on MT4/MT5.

Related article: Change password on mobile

mt4
mt5

Step 1

Change password from the menu

Click "Tools" in the menu and select "Options". (Shortcut keys: "Ctrl"+"O")

Pull-down menu of Tools Pull-down menu of Tools

Click "Change" in the "Server" tab.

Options window Options window

Change password on the Navigator

On the Navigator, click the "+" sign next to "Accounts" and show the list of servers. Next, click on the "+" sign next to the server name linked to the account you wish to change the password for. Right-click on the account and select "Change Password".

Main screen with account context menu Main screen with account context menu

Step 2

In the "Change Password" screen, enter the current password, select the password type, and enter the new passwords twice, then proceed to click "OK". Once it's completed, you will be logged in again with the new password (Only re-logged in when you changed the master password).

Change Password window Change Password window

Number

Item name

Description

1

Current password

Enter the current master password whether you are changing the master or investor password.

2

Password type

Select the type of password to change. "Change master password" is for the master password which allows you to trade, and "Change investor (read only) password" is for the read-only password.

3

New password

Enter the new password and the same one in the confirmation field. It should be five characters or more and including at least two types from uppercase, lowercase, and digit. The available symbols are: @%+\/'!#$^?:.(){}[]~-_

caution If you can't change password

In the "Change Password" window, if your new password does not fulfill the requirements when clicking "OK", an error tone will sound. In this case, the window will not close itself automatically. Please try again with a new password that meets all the requirements.

Note that some forex brokers do not allow you to change your password on MT4. If you keep getting the same error, please contact your broker. Also, if you're logged in using the investor password, you won't be able to change your password.

point If you need investor password

Some brokers do not issue an investor password when opening a MT4 account. If you need one, you can set it up by following the instructions above.

Step 1

Change password from the menu

Click "Tools" in the menu and select "Options". (Shortcut keys: "Ctrl"+"O")

Change password from menu Change password from menu

Click "Change" in the "Server" tab.

Click Change in the Server tab Click Change in the Server tab

Change password on the Navigator

On the Navigator, go to "Accounts" and click on the "+" sign next to the server name (linked to the account you wish to change the password for). Right-click on the account and select "Change Password".

Change password on Navigator Change password on Navigator

Step 2

In the "Change Password" screen, enter the current password, select the password type, and enter the new passwords twice, then proceed to click "OK". Once it's completed, you will be logged in again with the new password (Only re-logged in when you changed the master password).

Step 2 Step 2

Number

Item name

Description

1

Current password

Enter the current master password whether you are changing the master or investor password.

2

Password type

Select the type of password to change. "Change master password" is for the master password which allows you to trade, and "Change investor (read only) password" is for the read-only password.

3

New password

Enter the new password twice. It should be five characters or more and including at least two types from uppercase, lowercase, and digit. The available symbols are: @%+\/'!#$^?:.(){}[]~-_

caution If you can't change password
If you can't change password If you can't change password

If your new password does not fulfill the requirements, the textbox will turn red. Please try again and make sure that your new password meets all the requirements. Note that some forex brokers do not allow you to change your password on MT5. If you keep getting the same error, please contact your broker. Also, if you're logged in using the investor password, you won't be able to change your password.

point If you need investor password

Some brokers do not issue an investor password (read-only password for viewing trades) when opening a MT5 account. If you need one, you can set it up by following the instructions above.


Date

Created

 : 2022.07.07

Update

Last updated

 : 2022.09.29

Writer

Takayoshi Nakamaru

Manual production consultant, MBA

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Takayoshi Nakamaru

Nakamaru is a manual production consultant at FINTECS, a company that specializes in creating manuals for their clients.
With a wide range of experience from fintech to entertainment, he presents what user-friendly manuals should be like.
He works with numerous large corporations as an external manual production project manager.

【Business information】
http://www.fintecs.co.jp/profile/

Supervisor

Akira Takagi

Systems engineer, MetaTrader administrator

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Akira Takagi

After graduating from Computer Science at the Uninove, Brazil, in 2014, he has worked on various systems development projects.
He participated as a developer in the launch of forex services in 2019. Since then, he has also been involved in the development of MetaTrader plugins and APIs. He is certified by MetaQuotes as a MetaTrader5 Administrator and active in consulting and advisory as well.

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