MT4 Investor Password Full Guide (share and analyse trades)

MT4 Investor Password Full Guide (share and analyse trades)
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MT4 investor mode is a special feature of MT4 which can be accessed with an MT4 investor password. In this guide we will fully explain how to access and make use of the MT4 investor account.

What Is An MT4 Investor Password?

An MT4 investor password is a password which you can create if you wish to give other people viewing access (read only access) to your account. Any person who has logged in with an investor password cannot place trades or modify the account or platform in any way.

What Are The Uses Of The Investor Password?

The name ‘investor password’ suggests that it is for an investor to log into a trader’s account to have oversight of how that trader is performing. This could be anyone who has given you money to trade.

However, a more common use of the investor password is to give automated read only access to an account for either:

  • Account analysis and oversight via third party platforms such as MyFXBook
  • To give access to a master account for the purpose of trade copying

Using The Investor Password With MyFXBook

MyFXBook.com is a popular platform where you can link to your MT4 account with your investor password.

By doing this you will be able to:

  • Analyse your trades
  • Build trading portfolios
  • Create a verified track record of your trades
  • Provide charts and statistics on your trading performance

Tools such as these are a more sophisticated way of showing off your trading performance if that is something you are looking to do.

The platform will allow you to share a private invite link to any potential investor and with a verified account they can track and review your trading performance.

You can also publish your profile publicly if you are looking to promote yourself more widely and this can be tracked on the MyFXBook website or you can embed a link or chart with your performance into any website of your choice.

Using The Investor Password To Copy Trades

This is another use of the investor password which a good developer will be able to make use of. By linking a master MT4 account to a server with access via the investor password, other people could potentially use it to automatically copy your trades.

How To Create Or Change MT4 Investor and Master Password

How to Change The MT4 Investor Password

Your broker may already have set your MT4 investor password so check your account dashboard or you can find on MT4 Mailbox Registration Email

MT4 Mailbox Registration Email
MT4 Mailbox Registration Email

However, if not you can always create one or reset your using the steps below:

  • From the Menu bar on your MT4 platform, select Tools > Options or Ctrl+O
  • Select the Server tab and click on the Change button
Select The Server Tab And Click On The Change Button
Select The Server Tab And Click On The Change Button
  • Input your master password in the Current Password text field.
  • Select the Change investor (read-only) password checkbox.
  • Type in the desired investor password in the New Password field.
  • Re-type the investor password in the Confirm field and click OK.
Change MT4 Investor Password
Change MT4 Investor Password

Note that you enter two passwords here, your master password and then an investor password but you are only changing the investor password.

By following these steps you will have changed your investor password. Changing this password will have no effect on your account and can be changed multiple times.

How to Change The MT4 Master Password

To change your MT4 master password:

  • From the Menu bar on your MT4 platform, select Tools > Options or CTRL+O
  • Select the Server tab and click on the Change button.
  • Input your master password in the Current Password text field.
  • Select the Change master password checkbox.
  • Type in the new master password in the New Password field.
  • Re-type the new master password in the Confirm field and click OK.
Change MT4 Master Password
Change MT4 Master Password

It is also possible to change the MT4 master password via the Android or IOS apps.

How To Change MT4 Password In Android App

Go to Manage Accounts and log in to the account you wish to update password for. Then, click on the 3 dots on the top right and choose “Change password” and once the password page appears click on the small grey arrow on the bottom right of where it says “Change Master Password” and fill in the blanks.

Change MT4 Password In Android App
Change MT4 Password In Android App

How To Change MT4 Password In iOS App

Go to Settings, click on your current account on the top of the page and then click on the 3 dots to the right of your account name. Select change password > Change Investor Password and fill in the blanks.

Change MT4 Password In iOS App
Change MT4 Password In iOS App

What Are The MT4 Password Requirements?

MT4 password requirements: the passwords need to be at least five symbols long and must include at least two of the three character types – lowercase, uppercase and digits.

Related Questions

Why Is MT4 New Order Box Greyed Out?

The MT4 order box will be greyed out if you are logged into MT4 using the investor password. This investor mode does not allow trades or changes to the account and is read only.

To be able to make trades you will need to be logged into MT4 with your master password which is available from your broker.

Why Is MT4 New Order Box Greyed Out Example
Why Is MT4 New Order Box Greyed Out Example

Can I Log Into MT4 Without A Broker?

Yes, it is possible to create a demo account with MQL5, the creators of Metatrader 4. To do this go to https://www.mql5.com/en/trading where you can get demo credentials and try out the platform.

Read More About MT4 Platform

Justina Nothard

Justina Nothard

Hi, I’m Justina Nothard, a retail investor trading Stock Index Futures.

I understand how hard it can be for the ordinary trader to learn the basics and find useful tools and practical information.

This is why I decided to create Nothard Trading to help you take control of your trading.

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