I very much doubt that it is possible
Switch to Windows.
On Android 5+ it's possible to have multiple user accounts and run the same app simultaneously under multiple users, switching between them. The problem could be that the app should support such mode and keep running in background, and I don't know if MT for Android does. You should try it yourself.
2Accounts app from Google Play runs second MT4 or about anything else

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I have several MT4 accounts and I would like to quickly browse between them on my Android phone.
As far as I know, I can only do that by switching between accounts on the same app, but that is slow and annoying when you need to check often the accounts. I was wondering if there is a way of opening multiple instances of the Android MT4 app.
Any tricks/workarounds?