There are many trading platforms; the top two most famous platforms are Metatrader 4 and Metatrader 5. In some cases, they may give an error. The most common issue may be incorrect information, a non-activated account, or the exchange holiday. When you receive the “Invalid Account,” you cannot log in to your account. This article will tell you what an “Invalid Account” error means.
You May Be Using an Older MetaTrader Platform
For the meta trader 4 platforms to work effectively, ensure to update of the application is on time. With an outdated application, you are bound to get an error message. Remember to check your mail for updates. Always use the latest version to gain access to your account.
Account Inactive In 3 Months
Many real trading accounts are archived after 90 days of inactivity. Account freezing after 90 days is necessary since it ensures the safety of their client’s funds on the trading platform. However, if you last used your demo account over 90 days ago, it will be deactivated forever and reset the balance to zero.
To reactivate your account on MetaTrader 5 or 4, do the following steps:
- Login to your account.
- Navigate and click on the Accounts Archive in the accounts section.
- Find the list of accounts.
- Click Restore and reactivate your account.
When using the demo account, make sure to log in to that account once in a while.
Wrong Server Number
When you open an account on your MT5 or 4, you will get a service number via email. You will need that specific number; otherwise, you cannot log in. Choose the correct server number on the meta trader 4 platforms. The server details and number are sent through an email and available on the account card in the personal area of the trading application.
Your Forex Trader Have A Off Day
Even professional and experienced traders must remember that the forex market is unavailable. On the weekends, you will not be able to log in to your MetaTrader account since there is access to the forex. It is time for you to take a day off and log in on Monday. Although if you still want to do trading, keep in mind that only crypto trading is available on weekends. Open the crypto account on MT5 and gain profit from Monday to Sunday.
Password Error
It is the most common issue faced by the users of MetaTrader 4. You must ensure that all data, symbols, spaces, and capitalization are entered correctly. For security reasons, updating the trading password before every session is best.
Account Not Activated
To use the trading platform, it should be activated. If you face the “Invalid Account” error on MetaTrader, you haven’t created or activated the account. You can find many step-by-step videos on the platform to guide you through the process.
Conclusion
These are some things to consider in case you face the “Invalid Account” error and have issues logging in to your account. The MetaTrader 5 download should be done through a trusted platform, or you can use the website.