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How to use two-factor authentication and activate OTP on the MetaTrader (MT4/MT5)?

The use of two-factor authentication (2FA) can add an additional layer of security to all your MetaTrader platforms as it requires you to enter a unique one-time generated password (OTP) every time you log in on the terminal.

To start using two-factor authentication (2FA), you first need to activate the one-time password (OTP) and bind your trading account with the password generator, which can be found on the mobile MT4/MT5 apps for iPhone and Android.

Step 1: Download the MetaTrader App on your device, if you aren’t already using it

MetaTrader 4

MetaTrader 5

Step 2: Log in to the app using your account number and password. You will find your trade account login number on your BDSwiss web dashboard.

Step 3: Once the MT4 or MT5 mobile application launches, tap on the one-time password (OTP) generator option in the Settings window.

Step 4: In the window that opens, select “Bind to account”, specify your MT4 or MT5 desktop account details as requested, and keep the Bind option enabled.

You can now use (OTP) generator to enter a unique one-time six-digit password whenever you log in to your desktop MT4 / MT5 platform.

The one-time password is displayed at the top of the OTP section. Underneath, a blue bar visualizes the password lifetime. Once the password expires, it is no longer valid, and a new password will be generated.

Please note that to use OTP, the “Bind” option on your MT4 / MT5 mobile app should always be kept enabled. You can disable it only if you wish to unbind the specified account from the generator and stop using one-time passwords.

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