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You can certainly run several MetaTrader4 in one device at the same time, by downloading MT4 in different names.
How to Install several MT4 programs
MetaTrader4 itself doesn’t have a function of accessing more than two accounts at the same time, as in you can only access to one trading account per MetaTrader4 but no more than that.
If you wish to have several MT4 accounts opened at the same time in the same computer, you need to have several MetaTrader4 downloaded for the number of accounts.
Although if you try to download MT4 when you already have a MT4, the program data will simply re-write on it and you will still have only one MT4 at the end.
In order to download more than two MT4 in the same device, you need to change the name of the program or the folder where you save the data, so you will have two MT4 in your device as a result.
After downloading several MT4, you just need to open them all and login to your different MT4 account separately. Then you can manage several MT4 accounts simultaneously.
MT4 “RAM Consuming Software”
Please note that MetaTrader4 isn’t very light program, but it sometimes heavily consumes RAM Memory especially when you use more Custom Indicators and Expert Advisers running.
Running several MetaTrader4 might even delay the price feeds and execution speeds.
Slowing the processor of your device may directly affect your execution quality.
If you feel your MT4 is running slower than usual, then you may close extra charts and MT4, and disable extra indicators and expert advisers.
Alternatively in case you are unable to download several MetaTrader4, you can also login to several trading accounts in one MT4 trading platform.
In this case, you cannot manage them simultaneously, but switch between the trading accounts by just clicking the account number which you like to manage.
By saving the ID and Password, you can even save a lot of time and memories efficiently.
To install MT4 or MT5 trading platforms, please visit FXTM Official Website.