HotForex allows us to use MetaTrader as a trading platform.
Both MT4 and MT5 can be used in HotForex.
MetaTrader is a trading platform used by traders around the world.
It is a tool developed by Metaquotes corp. and provided free of charge, and it can be downloaded from the official website of Metaquotes, but it may not be used well.
In this article, I will explain how to use MT4/MT5 in HotForex step by step from download, installation to login.
What is MetaTrader, the difference between MT4 and MT5, and the basic usage are summarized in another article “What is MetaTrader? About MT4 / MT5 used by traders all over the world“, so please have a look there.
In addition, the installation method and basic usage of the mobile app version of MetaTrader are also summarized in another article “How to Install MT4/MT5 Mobile App“.
How to Install HotForex MT4/MT5
From here, I will explain the installation procedure of MT4 of HotForex, because my account type is for MT4.
Download HotForex MT4
Click “PLATFORMS” from HotForex official site top page.
Download links of trading platforms will be displayed.
Notes for HotForex MT4/MT5 Download
Be sure to download the PC version of MT4/MT5 from the official website of HotForex.
This is because each broker has customized MetaTrader, and in particular, the server to connect to is already registered in advance.
You can also download it from the official website of Metaquotes Software, but even if you search, sometimes the server to connect to HotForex may not appear.
Download HotForex MT4
Click “Download” to download installation module.
Installation HotForex MT4
Run Installation Module
Run EXE file to start installation.
HotForex MT4 Setup
Follow the guidance on screen.
Launch HotForex MT4 and Login
The image is that MT4 has started.
The “Open an Account” dialog are opened automatically, but close it.
If you want to change languages, click “View” -> “Languages”.
Login to MT4
Click “File” -> “Login to Trade Account”.
For the login ID, enter the MT4 account ID that was sent to you by email when you opened your HotForex account.
For the password and server name, these were also sent by e-mail.
If you forget them, see “FAQ about MT4/T5” at the end.
If you login successfully, the charts and price boards will start working if in tradable time zone.
You will also see your account ID at the top of the window and in the navigator area.
These are FAQs about MetaTrader.
The following causes are possible.
- Incorrect Login ID, Password or Server name.
- Network is down
- HotForex Server is down
The password is written in the account opening completion email sent when you open the account.
If you forgot password, see “Forgot your password”.
If you connect to the wrong server, you will not be able to log in even if your login ID and password are correct.
Please check the email you received when you opened your account.
There are many servers for load distribution.
If you select the wrong server, you will not be able to log in even if your login ID and password are correct.
If you don’t know the server name, see “I don’t know the server name” below.
You can reset your password by following the steps below.
- Login to the HotForex user page “myHF”
- View a list of live accounts
- Click “Reset Password” from “Action” on the right side of the target account
- Enter your registered email address and myHF login password and click “Change Password”
- The password reset screen opens and the reset initial password is displayed.
- You will also receive the reset password by email, so be sure to make a note of it.
Once you generated a new password, MT4/MT5 Account ID, new password, server name will be shown on the screen.
Also same information will be sent by email.
If you follow the steps above, a new password will be automatically generated and displayed on the screen.
You will also receive an email, so be sure to make a note of it.
To change the set password, start from MT4 / MT5.
See “How to change password”.
I don’t know the server name
The server name is included in the account opening completion email.
If you cannot find the email, do “Reset Password” as above and the connection server information will be displayed in the password change completion email.
If you lose your email and don’t know the server name, please reset your password.
The password for MT4 / MT5 will be changed from MT4 / MT5.
Please note that it cannot be changed from the HotForex member page (myHF).
You can change the login password for myHF from myHF.
From the MT4 / MT5 pull-down menu, select “Tools” -> “Options”.
When the options dialog opens, click Change Password from the Server tab. This will open the password change screen.
＼Just 3 minutes!!／