I want to ask, previously I was using MT4 from FBS broker, now if I want to switch to XM broker, do I need to install XM's MT4 again? And if I use MT4 from two different brokers on one PC, is it possible? Thank you, regards newbie. :)
3 Answer
M
martin
23 Oct 2020, 01:17
@ Hakim:
- … so if I want to switch to broker xm do I need to reinstall mt4 from xm? Yes, you need to install MT4 from XM.
- … then what if I use mt4 from two different brokers on 1 pc is that possible? Possible. The installation results from each broker are saved in different folders. The folder names are also different. In addition, the shortcut icons from each broker will also appear on your computer display. If you want to trade on XM, you can click the XM icon, and if you want to trade on FBS, you can click the FBS icon. Clicking both is also possible, each chart will appear on your computer.
H
Hakim
04 Nov 2020, 11:30
Is there a version of MT4 that can be downloaded once in general but can be used with various broker accounts?
M
martin
09 Nov 2020, 19:59
@ Hakim:
As far as I know, it is not possible. Each broker has different Bid prices, Ask prices and spreads. In addition, each broker has affiliations with different liquidity providers.