How to Make your MT4 Account More Secure

Trading the financial markets via user-friendly platforms like MT4 is becoming more accessible. However, with so much of our lives happening on mobile devices and laptops, it’s no wonder that our digital accounts have become a magnet for criminals. For this reason, the necessity for a strong password is also growing.

When performing online trades, OTP will help you add additional layer security for your account and reduce the risk of being attacked when hackers infiltrate. OTP is simply a sequence of characters sent to your mobile device to confirm the transaction is yours. This article will show you how to set up an extra layer of security for your MT4 account using OTP.

To generate an OTP for an MT4 account, you need to connect your trading account to the password generator available on MT4 mobile. The specific steps are as follows:

1. Log in to your MT4 account -> click Settings -> select OTP. Here, you will be asked to set a 4-digit password. This password must be entered every time you access the OTP password generator.
2. A new window appears. Select Bind to account -> enter the server name, account number, password and activate the “Bind” button -> press Bind in the upper left corner of the screen.

After that, your trading account will be bound to the generator. Likewise, you can link an unlimited number of accounts to the generators.

However, please note that the one-time password is displayed at the top of the OTP section. Below that, a blue bar shows the lifetime of the password. It is no longer valid when the password expires and a new password is generated.

Currently, the number of cyber attacks and the degree of danger are increasing. Therefore, strengthening the security of the trading account is extremely necessary. By manually enabling the OTP right on your MT4 platform, you can give your account an extra layer of protection and avoid the risks of being taken advantage of by hackers.

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