The investor password in MT4 allows read only access to your trading account. It is commonly used to share account performance without giving trading control. Knowing how to update it is essential for maintaining security and managing who can view your account.
This guide walks you through the exact steps to change your investor password in a few minutes.
What is an Investor Password
MT4 provides two types of passwords:
- Master Password
Full access. Allows trading and account changes - Investor Password
Read only access. Allows viewing trades, history, and performance without the ability to place or modify trades
If you are sharing your account with a client, mentor, or signal service, you should always use the investor password. You can use the investor password to securely connect your MT4 account to platforms like Myfxbook for performance tracking and verification without giving trading access.
Step by Step: Change Investor Password in MT4
Step 1: Open MT4 Platform
Launch your MetaTrader 4 platform and make sure you are logged into your trading account.
Step 2: Go to Tools Menu
At the top menu bar, click on Tools, then select Options or you can press CTRL+O.
Step 3: Navigate to Server Tab & Change Password
Inside the Options window, click on the Server tab. Next, click on the Change button next to the password section.
Step 4: Select Change Investor Password
A new window will open. Here:
- Enter your current master password
- Select Change investor (read only) password
- Enter your new investor password
- Confirm the new password
- Click OK to save your new investor password.
Best Practices for Investor Passwords
- Never share your master password unless absolutely necessary
- Use a strong password that is difficult to guess
- Update your investor password regularly if shared with multiple people
- Revoke access by changing the password anytime you no longer want someone to view your account
Common Issues
Invalid current password: Make sure you are entering the correct master password, not the investor password
Option not available: Ensure you are logged into your account. Password settings are disabled when not connected