As you install a single MT4, in the same way you can install MT4 terminals or more. The MT4 program can be downloaded directly either from the MT4 web site or through any of the large number of forex brokers that offer the program. However, you have to note that you need a powerful VPS with higher specification for setting up 50 MT4. You just have to consider that when you install the 2nd, 3rd or any other terminals after the first MT4 installation, you need to change this location to a unique folder name that does not exist already. For instance, if the installation folder for the first MT4 installation is C:Program FilesMetatrader 4, the installation folder for other MT4 would be like this:. You can give folders whatever name you want, just make sure that each name is unique and keep all installation files in different folders.
Setting up a Metatrader 4 Expert Advisor on a VPS
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After signup and order a forex VPS you will get an e-mail from vpsforextrader. Open the remote desktop connection program in windows. You can usually find it in your Start Menu under Accessories. It should look something like the image below. Enter your IP for you VPS and your username, then it will prompt you for your password when you press connect.
Install MT4 on VPS step by step
Normally, VPS come with 1Gbps connection. Your MT5 will connect faster and execute in seconds. Windows Server has its firewall and without any pre-installed programs. So by default, It does not have virus or any type of high risk program.
Open Google Chrome our recommended web browser and go to MetaTrader 4 download website. After that — click Run:. Check the box to agree on MT4 license agreement and click Settings :.