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How do I install two instances of MetaTrader 4?

In order to install two instances of MetaTrader 4 (have two platforms running side by side) please follow the following steps:

  1. Download the installation file.
  2. Run the installation file once it downloads. Wait for the installer to initiate, then proceed to step 3.
  3. The license agreement window will be the first to come up. Please read through the license agreement and then check the box. Do Not press “Next”. Continue to step 4 first.
  4. Once the box is checked, the “Settings” button will go from being greyed out to a normal button. Please press the “Settings” button. 
  5. Once the “Settings” window opens up, there will be a field where you can type the installation folder. In the installation folder filed at the end of the line of text please enter “‐2” without quotations. Then press “Next” 
  6. After pressing “Next” the installer should install the MetaTrader 4 software as a second instance. Click “Finish” to complete the installation.
  7. The program that automatically opens will be the first MetaTrader 4 instance. Please close this platform.
  8. Navigate to the folder Computer OSDisk (C:) Program Files (x86) FXCM MetaTrader 4‐2. In that folder there will be a file called terminal.exe. You can open this file to open the second platform instance. You can also create a shortcut to put this file on the Desktop by right clicking on the file and clicking “Create Shortcut”

${getInstrumentData.name} / ${getInstrumentData.ticker} /

Exchange: ${getInstrumentData.exchange}

${getInstrumentData.bid} ${getInstrumentData.divCcy} ${getInstrumentData.priceChange} (${getInstrumentData.percentChange}%) ${getInstrumentData.priceChange} (${getInstrumentData.percentChange}%)

${getInstrumentData.oneYearLow} 52/wk Range ${getInstrumentData.oneYearHigh}
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Order Execution Only

Order Execution Only

Regulatory Documents:
CIRO: Avoiding Fraud and Protecting Your Investments, How CIRO Protects Investors, CIRO Complaints Brochure, CIPF Brochure, CIPF Coverage Policy, CIRO Order Execution Only Bulletin, Conflict Disclosure Statement, Covid-19 and Cyber Security - Tips for Investors, Relationship Disclosure Information Document, Notice of Acknowledgment, Before You Begin Trading

The relationship between Friedberg Direct and FXCM was formed with the purpose to allow Canadian residents access to FXCM's suite of products, while maintaining their accounts with a regulated Canadian firm. All accounts are opened by and held with Friedberg Direct, a division of Friedberg Mercantile Group Ltd., a member of the Canadian Investment Regulatory Organization (CIRO). Friedberg customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca.

* The percentage of our retail client accounts that were profitable in each of the previous most recent quarters was: Quarter 1, 2026: 40% | Quarter 4, 2025: 49% | Quarter 3, 2025: 37% | Quarter 2, 2025: 36%. These figures are provided for transparency purposes only and do not constitute an indication of future performance or results.