You can start using TradingView immediately for free in your browser. The boring technical reason for this is because macOS Catalina only supports bit applications and MetaTrader is an ageing bit application. From greater control over timelines to ease of use, TradingView is better than MT4 in almost every way. Although TradingView used to be only for doing technical analysis of currency movements, you can now link it to third party brokers such as Oanda and TradeStation to trade forex too.

The TradingView Forex page provides a clear overview of the most important global developments in the currency markets with the real-time value of major currencies such as USD, Euro, JPY and GBP immediately visible. You will also see commentary from top traders giving advice and tips on currency movements and potential trades.

The main advantage of the plans is they provide faster real time data , a wider range of real-time stats , more intraday reports and you can have more charts per tab open. The paid plans also remove all ads and feeds for NASDAQ, NYSE and NYMEX are also included. You can try a 30 day fully functional free trial of all TradingView Professional and Premium versions with no credit card required.

You can also check out our full TradingView review for more. If you want to harness the knowledge and experience of thousands of other forex traders, TradingView is a remarkably effective tool to keep ahead of Forex market trends and developments.

eToro is one of the biggest stock trading platforms out there with an estimated 5 million users and covers just about every major trading asset including the foreign exchange market.

Unfortunately Forex trading is not available in the US version of eToro yet it only supports crypto trading. What makes eToro different to most Forex trading platforms is that it focuses on connecting traders in order to harness collective experiences and knowledge in stock trading. If you imagine what would happen if you mixed Facebook with a stock trading platform, then you get a good idea of what eToro is like.

This is not only potentially very profitable for you, but also an excellent way for beginners to learn the ropes of Forex trading. You can even copy the entire portfolio of the most successful traders, or just their Forex portfolio if they have one. Many of the traders on eToro appear to be quite high risk traders which carries with it high potential returns but obvious risks too.

This ad promotes virtual cryptocurrency investing within the EU by eToro Europe Ltd. and eToro UK Ltd. Investments are subject to market risk, including the loss of principal. Past performance is not an indication of future results.

Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. Apart from Forex, you can also trade Indices and Commodities CFDs using eToro and traders on eToro tend to be focused on one particular asset.

eToro is certainly one of the best Forex trading options for beginners on Mac and the social trading element is ideal for trading novices. eToro is also very fast being completely based on HTML5 with no laggy Flash or Java to slow it down. Trading fees for eToro vary on a daily basis and you can check the latest Spreads and Fees here although in general, you may get better spread rates from other brokers as eToro is generally on the top side of spread rates.

As mentioned earlier, at the moment not all of eToro is available to US based users but it does now allow cryptocurrency trading on Mac for clients in the USA. You should consider whether you can afford to take the high risk of losing your money.

For a more detailed look at eToro, we recommend reading our full eToro review. As a regulated broker, IQ Option also offers tight spreads , fast trade executions and lots of profit-loss risk management tools.

Although you can use IQ Option, the Mac desktop client is faster and more convenient than having to use it in your browser. IQ Option has been around since and has grown rapidly to allow trading in over assets including Forex , stocks via CFDs Contract For Differences and cryptocurrencies. Even better, IQ Option is currently in the process of becoming a Forex broker which means you will soon be able to use the platform to trade on the Forex market directly without the need for an external broker.

If you deposit through a card, you can only withdraw the same amount that that you invested via the card. You can also read our IQ Option review for a more in-depth look. Plus is an incredibly popular web-based CFD trading platform which allows you to trade CFDs on underlying instruments including forex , stocks, commodities, options and indices. cTrader has rapidly developed to become one of the major Forex trading rivals to MT4 and this has grown due to the already mentioned incompatibility problems between macOS Catalina and MetaTrader.

cTrader only has a desktop client for Windows but Mac users can now use the cTrader web client which offers all the functionality of the desktop client. The same features such as charts, trade logging, account management tools, back testing and technical indicators are all available in both. For those that are already accustomed to MT4 and want something very similar on their Mac, the cTrader web platform is certainly worth a closer look.

MetaTrader 4 more commonly known as MT4 is easily the most popular forex trading software out there although the most recent version is MT5. We therefore strongly recommend using TradingView as the best alternative to MT4 on Mac. Not only that but you can start using TradingView immediately for free in your browser. This site uses Akismet to reduce spam. Learn how your comment data is processed. Subscribe to MacHow2!

Sign up to get reviews, tutorials and special offers on Mac software! Email Address. Quick Navigation 1. TradingView Free 2. MotiveWave 3. ThinkTrader 4. Latinum 5. cTrader Why Is MT4 Not In This List? just to follow comments 😉 Reply.

Leave a Reply Cancel reply. Please note that using Wine can sometimes create disruptions as it is not considered a totally stable application. This is a Wine-based app and works as an emulator. It lets you download this Windows-based app on your Mac device with ease. Just follow the stated steps. You would get all the MT4 features of Windows on your Mac by following this procedure.

The only shortcoming here is that you may find some scripts for EAs Expert Advisors not working smoothly. The best part is that you can change the language, too. Once you download MT4, all you require is to enter your login credentials and server details as given by the broker at the time of registration. The second step would be to deposit the funds so that you can trade on various financial markets. Voila, you are life and ready to trade.

Now, whenever you want to trade, you just have to log in with your details. Kindly follow the steps mentioned below and download your trading reports on your Mac device. The list is not exhaustive, but the listed platform are some of the popular options available in the market for trading forex on Mac. By doing your own research and trying a few of them, you can opt for the platform built for your needs and skills.

All the best! Privacy Policy. Home Choose a broker Best Forex Brokers Learn trading Affiliate Contact About us. Home » Platforms » The Best Forex Trading Software For Mac. Table of Contents. Author Recent Posts. Trader since Currently work for several prop trading companies. Latest posts by Fxigor see all. The Best VPS for Forex Trading! Related posts: What is Mirror Trading Software? Best Forex Trading Platform Historical Time and Sales Data in Forex Trading How to Fix MT4 Old Version Error?

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Apple , Inc. is renowned for the superior computer hardware that it manufactures. Mac desktop computers and MacBook are some of the most powerful, innovative, and reliable, which also makes them perfect for high-volume, face-paced trading. However, the problem faced with using a Mac to trade is the lack of trading platforms that are compatible with macOS. SaxoTraderPRO is the proprietary trading software of Saxo Bank , which is a well-known, well-established financial specialist that offers both retail traders and professional investors a range of investment and trading products.

Based in Denmark, and well-regulated by several entities, Saxo Bank has a global presence. Despite the name, Saxo Bank is not a conventional bank, but the company possesses a banking license, but the aim remains on trading and investment services. With one single live trading account, forex traders are given access to over 35, tradable financial instruments, and the trading platform is also natively available for MacOS The functionality on the trading platform is smooth and rich, offering a large selection of trading features including being able to display across six monitors, level 2 streaming order books, streaming time and sales, algorithmic orders, and more.

The charting capabilities on the trading platform is powerful and robust. There are also subtle touches that offer an immersive experience such as countdown timers on each candle on the candlestick chart. Interactive Brokers is a large, reputable, multi-regulated US-based forex broker that offers a wide range of tradable financial instruments, and a choice between several powerful, innovative proprietary trading platforms. One such platform is the IB Trader Workstation, or TWS, which is the flagship trading software available for download across several devices that run different operating systems, including macOS X, and other versions.

TWS offers traders access to several different financial markets, in addition to allowing traders the use of customizable charts that can be viewed across different timeframes. In addition to this, traders have access to different technical analysis tools, analytical tools, more than different order types, algorithmic trading, and more. Experienced traders and professionals also have access to professional news for fundamental analysis from Reuters, Dow Jones, Trading Central, and other trusted providers.

ProTrader is a white label trading platform that was developed by PSOFT. It stands out from most platforms on this list as they are mostly the proprietary trading platforms of brokers, apart from MetaTrader 5. ProTrader features several similarities that are shared with the likes of MetaTrader 4 and cTrader , where forex brokers can white label ProTrader and offer their services through the instance of ProTrader.

One drawback of ProTrader is that there are only a few brokers who offer it as part of their comprehensive trading solutions. Thinkorswim is the innovative creation of TD Ameritrade , a proprietary trading platform that is available to Mac OS X TD Ameritrade is a large, reputable, and well-established investment broker and CFD and Forex trading facilitator headquartered in the United States. It is also a prominent company that has a long, rich history with many name changes, mergers, and acquisitions, such as that of Thinkorswim in TD Ameritrade is widely known for its superior investment and trading portfolio, customer-orientated services, and powerful, innovative trading software aimed at beginner and professional traders alike.

Features that traders can expect with the Thinkorswim trading platform include useful trading tools such as a heat map that pinpoints strengths and weaknesses in the markets and market conditions.

MetaTrader 5 is the creation of MetaQuotes, a reputable and popular software application designer. MetaTrader 4 is still the most popular application on the market, but following the Catalina update, support for MT4 was halted and traders had to move to other platforms such as MetaTrader 5. MetaTrader 5 is a robust, innovative, and powerful bit application that is supported by most macOS versions.

One drawback is that MetaTrader 5 is inherently designed for Windows computers, which means that traders must use PlayOnMac, which is based on WINE, to run MetaTrader 5 as it is a compatibility layer. Apart from this, MetaTrader 5 is a popular option for MacBook users as it can also be used on other devices such as iPads and iPhones, allowing for seamless trading account integration across all devices. MetaTrader 5 is a multi-asset and multi-functional trading platform that allows traders access to multiple broker accounts on one single platform.

Retail traders also have access to price data, the use of non-tradable assets, margin for open positions, and more. xStation 5 is the proprietary innovation from a reputable and well-established forex and CFD broker , namely XTB.

xStation is well-known for its wide range of useful tools which include trading calculators, performance stats, and in-depth market analysis. xStation also has a convenient one-click dealing system that offers traders a quick and efficient way to trade. Traders also have access to advanced charting capabilities where they can easily use market orders, stop losses, and others, on the actual chart.

Apart from the robust market order depth that traders can view, there is also live performance statistics that can help traders analyse their trading performance to identify the markets in which they perform the best. In addition, xStation 5 also comes built-in with popular technical indicators such as MACD, RSI, Bollinger Bands, and more.

On this platform, traders also have the freedom to develop their own strategies, use custom templates, and save their adaptions for future use. OANDA is a large, well-established, globally recognized forex broker and forex trading platform that is headquartered in the US.

OANDA specializes in the provision of forex trading while also offering corporate and institutional forex services. OANDA is technology-driven and offers innovative, robust solutions to traders from around the world. The OANDA Trade Desktop is compatible with macOS X This proprietary trading platform has a range of technical indicators, technical analysis tools, charting tools for experts, and a simple intuitive layout that can be navigated by beginner traders.

There are 10 different chart types available on the trading platform with 32 overlays, a wide range of indicators, and several other features.

MetaTrader 4 and 5 or MT4 and MT5 as they are are more commonly known are not available on Mac despite being one of the most popular technical analysis tools for day traders on the market. Many of the best brokers offer Mac versions of their desktop software, or their web-based versions are excellent alternatives. Quick Navigation Trading Software vs Trading Platforms Using MetaTrader 4 On a Mac 1. This is because most forex trading platforms and software are designed with the Windows operating system in mind. The Best VPS for Forex Trading! If you want to maximize your profits and become a better trader on your Mac, TradingView is powerful yet accessible for all abilities. Top 4 Brokers.

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