While MetaTrader 4 and MetaTrader 4 MultiTerminal appear similar, the key difference is that MultiTerminal allows you to trade on up to 128 accounts simultaneously — something you can’t do in regular MT4. However, MultiTerminal lacks Expert Advisors (EAs) and technical analysis tools. Also, all the trading accounts you manage using MultiTerminal must be hosted by the same broker (or on the same server infrastructure provided by that broker).

Simply download, install, and connect up to 128 accounts. With one click, you can open positions across several accounts.

1. Launch the MultiTerminal app after installation.
2. Enter your login and password in the New Account window, which appears when you first open the MultiTerminal app.
3. Click New Account on the toolbar to add up to 10 demo accounts or 128 real accounts.
4. Connect your accounts to the server by clicking Connect All on the toolbar.
5. If you want to connect only a specific account, use the Connect Account command in the Accounts window.

Yes, it is perfectly legal to have more than one trading account. There is no legal limit to the number of accounts you can hold.

1. Click Start → All Programs → MT4 MultiTerminal → Uninstall.
2. Follow the on-screen instructions to complete the process.
3. Navigate to My Computer → Drive C (or your root drive) → Program Files, find the MT4 MultiTerminal folder, and delete it.
4. Restart your computer.