A MetaTrader 4 account connects the terminal to a specific trading server. Demo accounts can be created through supported MT4 servers, while live accounts are opened by the broker or trading service. Existing accounts are accessed with the account login, a valid password and the matching server.
A live MT4 account is a real trading account issued by a broker or trading service. It connects the terminal to live account data, available symbols, quotes, positions and trading permissions under the conditions assigned to that account.
MetaTrader 4 can log in to an existing live account, but it does not directly create the live account itself. The broker or trading service opens the account and provides the login credentials, server assignment and account conditions required for terminal access.
The provider determines whether the account is approved, which server it uses, which instruments are available and what leverage, margin, execution and trading permissions apply.
Identity checks, deposits, withdrawals and account administration are normally handled through the broker or trading service rather than the MT4 terminal. MT4 then displays the resulting account balance and trading status after login.
MT4 supports demo accounts for practicing with virtual funds. On supported servers, a demo account can be created from the terminal or mobile app, then used to explore quotes, charts, orders, account history and other platform functions without funding a live account.
In the desktop terminal, Open an Account can be used to select a server and start a new demo-account registration when that server allows it. Mobile MT4 can also create demo accounts on supported trading servers.
Demo accounts are designed for platform practice. They can be used to test chart navigation, market and pending orders, Stop Loss, Take Profit, account history and other trading-terminal workflows.
Demo and live accounts use similar platform functions, but demo trading does not reproduce every live condition. Funding, liquidity, slippage, execution rules and account restrictions can differ in a real trading environment.
The two main MT4 trading account types are live and demo, but access permissions also matter. A master password provides normal account access, while an investor password provides read-only access that can view account information without allowing trading.
Issued by the broker or trading service for real trading. The account server determines available symbols, permissions and trading conditions.
Uses virtual funds for learning the terminal, testing orders and practicing platform workflows without funding a live trading account.
Investor access is read-only. It can display account status, charts and history, but trading is not permitted, including trade execution by Expert Advisors.
The account-opening path depends on whether the user needs demo or live access. Demo registration can be completed through MT4 when the selected server supports it. A real account request must be completed with the broker or trading service, which then issues the account for MT4 login.
Open the account workflow, choose a supported trading server and select the option to create a new demo account. The available demo account types and settings come from that server.
A live account cannot be opened directly from the MT4 terminal. Complete the provider’s application, verification and account-selection process, then wait for the live login and server details.
Once an account is created, save the account login, the correct password and the exact trading-server name. All three must match the same account environment when signing in to MT4.
To access an existing MT4 account, enter the account login, choose the correct password and connect to the matching trading server. Demo and live accounts can use different servers, so the broker name alone is not enough to identify the correct connection.
The login identifies the account, the password determines the access level and the server identifies the trading environment. A mismatch in any one of these details can prevent a successful connection.
The master password provides normal account control, while the investor password is read-only. Some trading servers can also enable or require a one-time password, which adds an additional code when connecting to the account.
MT4 is primarily the trading terminal, not a universal funding portal. Deposits, withdrawals, verification and account administration are normally handled by the broker or trading service, while terminal security depends on protecting login credentials and any enabled OTP access.
Funding methods are provider-specific. Deposits and withdrawals are generally completed through the broker or trading service, while MT4 reflects the resulting balance and account state after the provider processes them.
Do not share the master password or OTP codes. Investor access can be used when read-only visibility is needed, and OTP adds another login factor when the trading server has enabled or required it.
Common questions about creating an MT4 demo account, obtaining a live account, logging in with the correct server, password types, OTP and deposits or withdrawals.
Yes, when the selected trading server supports demo registration. The desktop terminal can open a new demo account through the account-opening workflow, and MT4 mobile can also create demo accounts on supported servers.
No. A real MT4 account is opened by a broker or trading service under its own terms and conditions. After the provider creates it, the account can be authorized in MetaTrader 4 with the supplied login details.
You need the account login, a valid account password and the exact trading server associated with that account. The server should match the same demo or live environment in which the account was created.
The master password provides normal account access, including trading when the account permits it. The investor password provides read-only access for viewing account status and market data without the ability to place trades.
Yes. MT4 supports one-time password authorization when it is enabled on the trading server. The OTP is generated through the supported mobile terminal and is requested in addition to the normal account credentials.
Funding is normally handled by the broker or trading service that issued the account. MT4 displays the account balance and trading records, but deposit and withdrawal methods are provider-specific rather than a universal terminal function.
Use the download section if you still need the terminal or mobile app, or continue to Automation for Expert Advisors, MQL4, Strategy Tester and VPS-related workflows.