Step 1: Open the MT4/MT5 platform and go to the ‘Tools’ tab in the top left corner, select the ‘Options’ tab and then ‘Server’. If you use Windows, alternatively, you can use or use the CTRL + O shortcut.
Step 2: Click the ‘Change’ button next to the password field and select ‘Change master password’ or ‘Change investor (read only) password’ in a pop-up window.
Please note that the investor password can only be changed via the desktop app.
Step 3: Enter the current password, the new one in the field below, and confirm it by entering once again. Click ‘OK’, and the password will be updated instantly.