Hello Today I’ll be discussing on Forgot my MetaTrader 5 Password and PIN – How to Reset, Change and Recover MetaTrader 5 Password and PIN.
MetaTrader 5 is one of the most popular trading platforms used by forex and stock traders worldwide. With millions of users, it’s common to forget your MT5 login details like password or PIN. But no need to panic – you can easily reset, recover and change forgotten MetaTrader 5 credentials.
MetaTrader 5, also called MT5, is an advanced multi-asset trading platform developed by MetaQuotes Software. It allows trading forex, CFDs, futures and stocks.
MT5 provides professional charting tools, indicators, backtesting capabilities and algorithmic trading options required by active traders. Brokers like FXTM, Exness, OctaFX and more offer MT5.
To access your MT5 account, you’ll need to enter your login and password credentials. You also set a PIN code for withdrawals and other account activities.
Why You May Forget MT5 Login Details
There are some common reasons you may forget your MetaTrader 5 credentials:
- You changed devices and don’t have credentials saved
- It’s been a long time since you last used your MT5 account
- You have multiple trading accounts and mix up passwords
- You set a complicated password that’s hard to remember
- You were distracted when first creating your login details
No matter why you forgot, not having access to your MT5 account prevents you from accessing your funds and managing trades. So it’s important to know how to reset your credentials.
How to Reset Your MT5 Password
If you remember your login but forgot password, follow these steps:
- Open the MT5 platform and click ‘Forgot your password?’ on login screen
- Enter your MT5 account number/login
- Click ‘Reset Password’
- Check your registered email for reset link
- Follow the link and enter a new password
- Login to MT5 using your login and new password
This immediately resets your old password. Be sure to save the new one securely.
How to Reset Your MT5 PIN
If you forgot your PIN, follow these steps:
- Login to your MetaTrader 5 platform
- Go to Tools > Options > Security tab
- Enable “Change PIN”
- Enter a new 4-digit PIN and re-enter to confirm
- Click OK to save your new PIN
This will instantly change your old PIN to the new one. Make sure to memorize or save it.
Recovering MT5 Password if You Lost Reset Link
If you lose your MT5 password reset link, simply request a new one by:
- Going back to MT5 login screen
- Clicking ‘Forgot your password?’
- Entering your MT5 account number/login again
MetaTrader 5 will email a fresh password reset link you can use to create a new password and regain access.
Finding Your Forgotten MT5 Login
If you forgot your MT5 login/account number, try these methods:
- Check old account opening emails from your broker
- Look up old MT5 account statements
- Contact your broker’s support team for assistance
- Provide personal details to verify identity
By giving accurate personal information, your broker can help you recover your forgotten MT5 login credentials.
Tips to Avoid Forgetting MT5 Login Details Again
To prevent forgetting your MT5 credentials again, do the following:
- Save your login details in a password manager
- Write down credentials and keep them somewhere safe
- Use simple, easy to remember passwords when resetting
- Change your password periodically if concerned about security
- Enable two-factor authentication on your MT5 account
Taking these precautions will ensure you retain access to your MT5 account at all times.
FAQs OnForgot my MetaTrader 5 Password and PIN – How to Reset, Change and Recover MetaTrader 5 Password and PIN
1. I forgot both my MT5 password and PIN. What now?
Reset your MT5 password first via email link. Once logged in, change your PIN under Tools > Options > Security tab.
2. How long does MetaTrader 5 take to send a password reset link?
The reset link is emailed instantly after requesting it. You should receive it in your inbox within a few minutes.
3. Can someone else reset my MT5 password?
No, only you can reset your MT5 password by accessing the reset link sent to your registered email.
4. What if I don’t have access to my registered MT5 email anymore?
Contact your broker to change the email on your MT5 account after verifying your identity.
5. What is the best way to create a strong MT5 password?
Use 8+ characters mixing uppercase, lowercase, numbers and symbols. Avoid using personal info or dictionary words.
6. How do I find my MT5 account login if I forgot it?
Check old account opening or transaction emails for your login. Or verify ID with your broker to retrieve it.
7. Can I change my MT5 login username?
No, MetaTrader 5 does not allow users to change their account login/number after opening an account.
8. Is there a limit to how many times I can reset my MT5 password?
No, there is no limit on how many times you can reset your forgotten MT5 password through account recovery.
9. What should I do if my MT5 PIN is not working?
Login with password and reset your PIN under Tools > Options > Security tab by generating a new 4-digit code.
10. How can I enable two-factor authentication for my MT5 account?
In MT5 platform go to Tools > Options > Server tab and enable “Use Mailbox Authentication”.
11. Does MT5 notify me when my password is changed?
Yes, MetaTrader 5 sends an email confirmation whenever your account password is reset as a security measure.
12. How long does the MT5 password reset link remain valid?
The MT5 password reset link expires after 24 hours. You must use it within that period to create a new password.
13. Can I reset my MT5 PIN without logging in first?
No, you must login with your password before resetting your PIN under the Tools > Options menu.
14. What details do I need to give broker support for login recovery?
Provide your name, country, email, phone number, account currency, and any other account identifying details.
15. Is it safe to frequently reset my forgotten MT5 password?
Yes, it is generally safe to reset your forgotten password as required. But very frequent resets may prompt temporary security measures.
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Conclusion
Forgetting your MetaTrader 5 credentials can be inconvenient but is easily rectified. As outlined above, you can conveniently reset your forgotten MT5 password by requesting an account recovery link to your email. Resetting your PIN is also straightforward by generating a new code under the Security tab after logging back in.
If you’ve lost access to both password and login, your broker’s helpful customer support can assist in recovering access to your MT5 account. They will verify your identity to retrieve the account details.
The key takeaway is to remain calm if you find yourself temporarily locked out of MT5. Follow the appropriate password or PIN reset steps covered here to swiftly regain access to your trading account and funds.
Going forward, use a password manager and enable two-factor authentication to avoid misplacing your credentials again. Periodically update your MT5 password and PIN for enhanced security.
With the step-by-step instructions provided above, you now have the knowledge to quickly reset, change or recover forgotten MetaTrader 5 login credentials. You’ll be securely logged back in in no time.
After reading this article now you know Forgot my MetaTrader 5 Password and PIN – How to Reset, Change and Recover MetaTrader 5 Password and PIN.
