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How to Run Multiple Instances of MetaTrader on the Same Computer

Posted: Mon Apr 24, 2017 3:14 am
by bilbao
First run mt4 setup:

1. Click on the “Next” button.

2. Agree with the terms and click on the “Next” button.

3. This step is where you have to determine whether you want to have multiple instances of the same platform on your computer or not. You will see this in the installation folder textbox:

C:\Program Files (x86)\MetaTrader 4

If you want to have several instances of MetaTrader, then you can edit the above address by adding a (1) or – 1 to the end:

C:\Program Files (x86)\MetaTrader 4 (1)

or

C:\Program Files (x86)\MetaTrader 4 – 1

Therefore, the first MetaTrader will be installed in MetaTrader 4 (1) folder:

4. Click on the “Next” button and finish the installation. So you are done with the first installation.

5. Repeat the same process from the scratch and this time add a (2) or – 2 to the installation folder address:

6. Repeat this as many times as you want. If you want to run 3 instances of MetaTrader, then you have to repeat this 3 times.

7. Now you can run the platforms. If you click on the shortcut the installation wizard has placed on the desktop, then only the last instance of MetaTrader will be launched. To run all of them, you have to refer to the below folders one by one and click on the terminal.exe file:

C:\Program Files (x86)\MetaTrader 4 (1)
C:\Program Files (x86)\MetaTrader 4 (2)
C:\Program Files (x86)\MetaTrader 4 (3)


Please note that there are two terminal files. One of them is terminal.exe file that runs the platform. The other one is just an icon file which is not functional and cannot run the platform. You have to click on the functional file which has a different icon:

8. After running each platform, you can either sign up for a demo account at File>Open an Account at top left, or login to the account you already have at File>Login to Trade Account.

Good luck

Re: How to Run Multiple Instances of MetaTrader on the Same Computer

Posted: Tue Apr 25, 2017 5:39 pm
by mladen
Metatrader does not need to be installed at all
All that is needed to do is to copy the folder to some other place and run it from there. Combined with the "/portable" switch it can be easily controlled that way

Re: How to Run Multiple Instances of MetaTrader on the Same Computer

Posted: Wed May 10, 2017 4:23 pm
by LazarR
mladen wrote: Tue Apr 25, 2017 5:39 pm Metatrader does not need to be installed at all
All that is needed to do is to copy the folder to some other place and run it from there. Combined with the "/portable" switch it can be easily controlled that way
Pretty good tip Mladen :) Thank you for sharing
I didn’t know it, I always use the link when need additional terminal, but I will definitely try it ;)

Re: How to Run Multiple Instances of MetaTrader on the Same Computer

Posted: Wed May 10, 2017 9:48 pm
by FrancoisT
Another way is just simply by "copy" and "paste" the MT4 folder. Then add login details again and that is all :)

Re: How to Run Multiple Instances of MetaTrader on the Same Computer

Posted: Thu May 11, 2017 5:29 am
by mladen
FrancoisT wrote: Wed May 10, 2017 9:48 pm Another way is just simply by "copy" and "paste" the MT4 folder. Then add login details again and that is all :)
Just make sure to keep the indicators and experts folder reasonably empty
It tends to "lose" stuff if there are a lot of files in those folders and makes a hell of a slow start

Re: How to Run Multiple Instances of MetaTrader on the Same Computer

Posted: Sat Feb 12, 2022 1:23 am
by camisa
Hello all,

How can I install 2 instances of IC Markets MT4 platform on my PC?

It doesn't ask me to choose the install directory :P

I managed to do it in my previous PC but I don't know how I did it

EDIT: forget this request, I already solved it!

Re: How to Run Multiple Instances of MetaTrader on the Same Computer

Posted: Sat Feb 12, 2022 1:46 am
by Jimmy
camisa wrote: Sat Feb 12, 2022 1:23 am
Topic merged with existing one.

Camisa as you didn't explain how you did it, could you confirm that the original method described in the first post of this topic still works?

Just for anyone else searching.

Thanks.

Re: How to Run Multiple Instances of MetaTrader on the Same Computer

Posted: Sat Feb 12, 2022 2:21 am
by Tradehunter
I think i have 15 on this machine :Rofl: go here
https://www.metatrader4.com/en/download
then go to settings then give each instance a new number or letter
like metatrader1, metatrader2, 3 or metatradera, ...b, ....c thats how i did it
you can probably just keep executing the same downloaded file as long as you change the location

Re: How to Run Multiple Instances of MetaTrader on the Same Computer

Posted: Sat Feb 12, 2022 2:58 am
by camisa
Jimmy wrote: Sat Feb 12, 2022 1:46 am Topic merged with existing one.

Camisa as you didn't explain how you did it, could you confirm that the original method described in the first post of this topic still works?

Just for anyone else searching.

Thanks.
tradehunter got it

In the past (or other brokers MT4) when one clicked on the install file, it asked the install directory right away

Now you have to click settings to choose :P pretty basic :P

Re: How to Run Multiple Instances of MetaTrader on the Same Computer

Posted: Wed Nov 02, 2022 7:51 pm
by Swiss_cheese
Does anybody know the limit for how any terminls you can have in terms of VPS processing power?

I'm currently running 2 MT5 terminals with 4gb RAM.

In the past I tried 4 MT4 terminals with only 2GB of RAM and found they crashed a lot.