Can I Use Multiple Accounts on MT4/MT5 for Android

by Nov 16, 2022Forex Trading Platform

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You cannot use multiple accounts on MT4 for Android at the same time, but you can use multiple accounts on MT4 for Android if you switch between them and have connected only one at the time.

If you need to run multiple accounts on the MT4 or MT5 for android you are limited in the speed of checking all accounts. Because you need to login to each account when you change accounts on the android platform.

Luckily you can save login details so you do not need to type password and account ID each time you want to connect to the account.

Read more: How to Login to Metatrader 4/5 Android

Multiple Accounts on MT4 for Android

The MT4 android version allows you to have multiple accounts saved, but you can be connected only to one account at the time.

To switch between accounts you need to go to the accounts window and select the account you want.

First tap on the menu in the upper left corner and under the current account you are signed in you have the option “Manage accounts“.

Select that option and you will get to the accounts page.

Read more: How to Use Metatrader 4 Mobile App

1_Manage Accounts in MT4

List of Accounts in MT4 Mobile

In this window you have all accounts you have on this MT4 android app. If you want to add more accounts you can do that by clicking on the “+” sign in the upper right corner.

Read more: How to Login to Metatrader 4 Android

Then, between these accounts you can have only one account active.

That means you can check which quotes you have available, you can analyze the chart and see the Trade tab where all trades are listed.

It is possible to open, close or modify trades, but only on this account.

Read more: How do I Place a Trade on the Android App for MT4

What is good is that you can have accounts from different brokers on this MT4 mobile version. So, if you want you can add another broker account by searching the broker trading server and entering account details like account ID and password.

Read more: How to Add Broker in MT4

2_List of all accounts in MT4 mobile

Switch Accounts in MT4 Mobile

When you are done with the account where you can open or close trade you can switch to another account.

Read more: Close Trade in MT4 Mobile

To do that simply tap on another account on the list and you will get a new window where you need to enter or confirm login details.

3_Sign to second account in MT4 mobile

Enter Login Details for Second Account

Now you need to enter account login details or you can select the checkbox next to the “Save Password” option so next time you do not need to enter them.

This will be the fastest way to switch between multiple accounts on the MT4 mobile version.

4_Signed to second account in MT4 mobile

Multiple Accounts on MT5 for Android

The MT5 android version allows you to have multiple accounts saved, but you can be connected only to one account at the time.

To switch between accounts you need to go to the accounts window and select the account you want.

First tap on the menu in the upper left corner and under the current account you are signed in you have the option “Manage accounts“.

Select that option and you will get to the accounts page.

1_Manage Accounts in MT5 mobile

List of Accounts in MT4 Mobile

In this window you have all accounts you have on this MT5 android app. If you want to add more accounts you can do that by clicking on the “+” sign in the upper right corner.

Read more: How to Login to Metatrader 5 Android

Then, between these accounts you can have only one account active.

That means you can check which quotes you have available, you can analyze the chart and see the Trade tab where all trades are listed.

It is possible to open, close or modify trades, but only on this account.

Read more: How do I Place a Trade on the Android App for MT5

What is good is that you can have accounts from different brokers on this MT5 mobile version. So, if you want you can add another broker account by searching the broker trading server and entering account details like account ID and password.

Read more: How to Add Broker in MT5

2_List of all accounts in MT5 mobile

Switch Accounts in MT5 Mobile

When you are done with the account where you can open or close trade you can switch to another account.

Read more: Close Trade in MT5 Mobile

To do that simply tap on another account on the list and you will get a new window where you need to enter or confirm login details.

3_Sign to second account in MT5 mobile

Enter Login Details for Second Account

Now you need to enter account login details or you can select the checkbox next to the “Save Password” option so next time you do not need to enter them.

This will be the fastest way to switch between multiple accounts on the MT5 mobile version.

4_Signed to second account in MT5 mobile

Conclusion

The number of accounts in the MT4 or MT5 mobile version is not limited to the normal number of accounts. But you cannot have multiple accounts active at the same time.

You can switch between accounts in MT4 and MT5 android version and you can add more accounts from different brokers.

If you want to start learning from the beginning about Metatrader then read the beginners tutorial for MT4.

Read more: Metatrader for Beginners

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“Disclosure: Some of the links in this post are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. This does not cost you anything extra on the usual cost of the product, and may sometimes cost less as I have some affiliate discounts in place I can offer you”

Frano Grgić

Frano Grgić

A Forex trader since 2009. I like to share my knowledge and I like to analyze the markets. My goal is to have a website which will be the first choice for traders and beginners. Market analysis is featured by Forex Factory next to large publications like DailyFX, Bloomberg... GetKnowTrading is becoming recognized among traders as a website with simple and effective market analysis.

Ultimate Tutorial for Traders

This tutorial have all what is needed about trading. It includes step by step guide:

How to start trading

What are trading basics every trader must know

Risk Management

Foundation strategy with supply and demand

 

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