A: Yes! The same steps apply. Use the universal installer from your broker.
However, there is a catch: The official website often automatically downloads the 64-bit version. If you try to run that on a 32-bit PC, you will get the infamous error: "This app can't run on your PC."
A: Use the generic installer from metatrader5.com . Then, when logging in, click "Add a new broker" and manually enter your broker's server name. Final Verdict Is running MetaTrader 5 on Windows 7 32-bit ideal? No. Does it work? Yes, absolutely.
As long as you have Service Pack 1 installed and grab the correct universal installer, your legacy machine can still trade the markets.
The good news?
How to Download & Install MetaTrader 5 for Windows 7 (32-bit) – The Last Compatible Guide