Hacking live MT4 account

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Hi all,


I came across a order entry management software called 4xspinner (Google as I don't know if links here are cool) and they require you to add your MT4 account number for licencing purposes.


Given my live account number makes me think twice but they don't have my password so I think this is ok, but I know nothing about programming and the technical side. I was wondering if it is in anyway that this program can link my live account for hacking purposes or my privacy can be invaded?


Thank you,

Pete

 
pedropip:

Hi all,


I came across a order entry management software called 4xspinner (Google as I don't know if links here are cool) and they require you to add your MT4 account number for licencing purposes.


Given my live account number makes me think twice but they don't have my password so I think this is ok, but I know nothing about programming and the technical side. I was wondering if it is in anyway that this program can link my live account for hacking purposes or my privacy can be invaded?


Thank you,

Pete

If it's a legitimate reputable company then I wouldn't worry about it.

In theory, if they did intend to hack their way into your account (which I doubt), then knowing your account number helps.

 

I think the account number is only to run on one account, since it's a paid EA.

There are free visual traders available. E.g.

https://www.youtube.com/watch?v=weXR8Poqya4 (post links using the button just left of the Normal text pull down.

http://www.forexbrace.com/content/view/207/52/

 
gordon:

If it's a legitimate reputable company then I wouldn't worry about it.

In theory, if they did intend to hack their way into your account (which I doubt), then knowing your account number helps.

Hi there,


Yes, it's doubtful but still crossed my mind, thanks for the advice :)

 
WHRoeder:

I think the account number is only to run on one account, since it's a paid EA.

There are free visual traders available. E.g.

https://www.youtube.com/watch?v=weXR8Poqya4 (post links using the button just left of the Normal text pull down.

http://www.forexbrace.com/content/view/207/52/



I wish I posted here earlier, it would have saved me a lot of searching. Thank you :)

 
gordon:

If it's a legitimate reputable company then I wouldn't worry about it.

In theory, if they did intend to hack their way into your account (which I doubt), then knowing your account number helps.

Hi Gordon,


So can a MT4 'expert advisor' indicator provide my trading actions or account information to anyone outside or is this not possible?


Thank you,

Pedro

 

pedropip wrote >>

So can a MT4 'expert advisor' indicator provide my trading actions or account information to anyone outside or is this not possible?

If the expert doesn't use any DLL's, then the only way it can do that is via the built-in email/ftp clients, and those are under your control (just open Tools > Options > Email/Publisher Tabs... make sure email/ftp are disabled or contain your account details).

But if an expert uses an external DLL then it's possible (although still very unlikely in my opinion... I have never heard of anybody putting malicious code into a DLL intended for MT4 platform).

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