The MT4 trading software is equipped with the latest technology to enjoy seamless forex trading conditions. The MT4 is also considered as the best trading platform for Android. Alongside the forex charting capabilities offered by MetaTrader 4, the platform also supports advanced trading tools including:. MT4 will only work on operating systems with bit processing or lower. The MT4 terminal can be installed on Mac operating systems that run on macOS If you wish to install the MT4 platform on Mac OS, you need to use the free software PlayOnMac.

Follow this step-by-step guide for a smooth installation of MetaTrader 4 on Mac OS: How to Install MT4 Terminal on Mac OS. Multi-regulated ASIC, FCA, CySEC, BaFin, CMA, DFSA, FSB forex broker Pepperstone has the best MAC application of the MT4 platform based on:.

Pepperstone offers true raw ECN spreads from 0. This brokerage trading firm based in Australia streams its FX prices from multiple liquidity providers without artificially inflating the spread. spreads are taken from each broker's website and updated monthly.

Additionally, to low spread forex trading, Pepperstone also offers competitive commissions that start from USD 3. With Razor Account, spreads start at 0.

Pepperstone clients can trade forex using Contracts for Difference CFD instruments with:. Our team of experts tested all MT4 applications on Mac products and recommends Pepperstone for all Apple users. With low spreads, a good range of FX pairs, an excellent reputation and fee-free funding methods, Pepperstone is the best MT4 broker. Additionally, fx traders can download MT4 for all Apple products iPad, iPhone, or MacBook including web trader via Pepperstone web app.

The MetaTrader 5 MT5 trading platform is the next generation software developed by MetaQuotes Software Corp. The MT5 platform is upgraded trading software of the MT4 platform designed to allow share CFD trading and become that standard multi-asset FX platform.

According to Google Trends data, the MT5 platform has started to gain in popularity over the past 12 months, while interest for MT4 has begun to fade. MetaTrader 5 advanced technology allows traders to access more instruments, implement complex trading strategies, access more advanced tools and allows faster connectivity to the market.

The benefits of the MetaTrader 5 trading platform include:. The main drawback to the MetaTrader 5 platform is that the software mimics the same interface as the flagship MT4 platform. While the MetaTrader 5 has seen an increase in usage, market adoption is still moving at a slower pace however this will accelerate now that MetaQuotes has ceased development of MetaTrader 4.

If you want to install the MT5 terminal on Mac OS, you need to use the free software PlayOnMac. Follow this step-by-step guide for a smooth installation of MetaTrader 5 on Mac OS: How to Install MT5 Terminal on Mac OS. Through IC Markets offerings, active traders can speculate on the stock market via CFDs on over companies listed on the NYSE, NASDAQ or ASX. Stock CFDs are exclusively offered via IC Markets MetaTrader 5 platform.

If you trade stock CFDs on IC Markets, you can also earn dividends on the underlying shares. You can stay connected to your favourite financial instruments everywhere you go, anytime you like. The minimum system requirement to unlock MT5 on your mobile phone is iPhone iOS 7. IC Markets MT5 terminal integrates many of the advanced features that come with your iPhone like the landscape-to-portrait view changer. The MT5 mobile apps are equipped with the same advanced tools as the desktop version one-click trading, complex trade orders, real-time charts and quotes, integrated indicators, etc.

Our team of experts hand-picked IC Markets as the best MetaTrader 5 broker for Mac users. The online broker is a leading financial services provider in several areas including the lowest forex and CFD spreads, 40ms order execution speed, deep liquidity and a no minimum deposit.

cTrader by Spotware Systems Ltd. is one of the best multi-asset trading platforms that are suitable for ECN brokers. FxPro was the first big name to offer the flagship trading platform developed by Spotware back in Since then, the cTrader platform is offered by several trustworthy ECN brokers, including Pepperstone and IC Markets.

The cTrader platform is designed to support advanced trade management functions along with advanced charting capabilities. The developers have done a great job to ensure the ease of user interface. The learning curve with the cTrader platform should be smooth. By comparison with the MetaTrader software, the cTrader platform is equipped with a full range of trading tools suitable for beginners and professional traders alike.

cTrader charting features include:. cTrader trading features include:. There are no big drawbacks to the cTrader platform. If you wish to use cTrader on your Macintosh operating system, then you will need to run it via a web trader. We highly recommend Mac users to try out FxPro cTrader Web Platform available for iOs and Android.

FxPro is the best cTrader broker for scalping based on:. According to third-party services providers Creditsafe and DueDil, FxPro has one of the highest credit scores across UK foreign exchange brokers. Using a proprietary algorithm to determine the creditworthiness of a business, on a scale from 0 to , FxPro has a 95 credit score. By comparison, Plus has a credit score of 77 while Forex. com only enjoys a 67 credit score. At FxPro, clients can trade forex with no dealing desk intervention. A trading account with FxPro gives you access to:.

The above-mentioned advantages make FxPro cTrader trading platform the number one choice for scalping. FxPro execution engine can also boost superior trading conditions that can come in the form of:. For active traders scalping and day trading , FxPro is the best cTrader broker.

The broker is well-suited for UK traders with Financial Conduct Authority FCA regulation and South African traders with FSCA regulation. Additionally, the FxPro retail investor accounts only require a minimum deposit of USD FxPro cTrader Web runs on Apple computers and there are also mobile apps for iOS devices you can download cTrader Mobile 3.

Used by more than 10 million eToro users, the social trading platform allows copy trading and connecting with thousands of traders via the eToro trading community.

The OpenBook platform is not simply a social trading network, but it also gives you access to trading CFDs. The combination of copy trading and CFD trading is one of the most powerful features of the platform.

The most popular feature is the CopyTrader technology, which allows you to automatically copy in real-time top-performing traders. The most popular CopyTrader advantages include:. The only two asset classes supported for direct ownership are stocks and cryptocurrencies.

For starters, the main drawback of the OpenBook platform is the fact that there is no desktop version for Windows or MacOS. eToro OpenBook is only supported as a web trader version and on mobile trading for iPhone iOS and Android. Secondly, the platform is not equipped with advanced charting tools as specialist CFD platforms.

eToro is the best social trading platform based on 5 factors:. At eToro, clients can access a plethora of CFD instruments from across 6 asset classes with low and transparent fees. Among other features, eToro users can use leverage and go both long and short across various classes including:.

eToro offers a unique opportunity for portfolio managers and professional traders to earn additional income by allowing other traders to copy their trades. The investor program is designed to award traders based on total assets that follow your strategy rather than based on your performance. For example, if the total assets that follow your strategy are USD 1 million, you can earn up to USD 20, a year. All payments to Popular Investors are credited as real, immediately withdrawable funds. Based on our independent review, the best social trading platform for Mac traders is eToro CopyTrader.

Disclaimer: UK traders or any trader with eToro UK will not be able to trade cryptocurrency. This is because FCA regulations prevent brokers from offering this product to retail investors.

The Plus platform is a reliable web-based trading platform that gives traders access to CFD trading. MAC users can trade online via the web trader and through the mobile apps available for iPhone and iPad. Plus trading platform comes with a user-friendly interface and a secure trading environment. Additionally, all the necessary tools from charting, trade management, instrument navigation and Watchlist can be operated from a single-window without switching screens.

Other Plus platform features include:. The Plus platform comes with several drawbacks that limit its functionality. For starters, the web trader platform is not compatible with automated trading, third-party plugins are not supported and it lacks the basic trading tools for charting analysis. Plus is the best CFD platform with risk management tools based on:.

Plus offers guaranteed stop loss GSL which can help traders guard against adverse price movements. If we believe there is a risk of extreme price moves in the market then a GSL can help protect our position from being hit by a severe slippage.

Note: Please be aware that Plus will charge its clients an extra spread for the privilege of using the guaranteed stop loss. com 4. TD Ameritrade 5. ATC Brokers 6. Nadex 7. com 8. ACY 9. NinjaTrader Best CFD Trading Strategies What is CFD Trading? Top CFD Forex Brokers. What is Bitcoin? Bitcoin Trading Bitcoin Trading Tips and Strategies Bitcoin Mining Bitcoin Forex Brokers Quotes from Bitcoin Believers Bitcoin Halving Bitcoin Brokers Best Bitcoin Trading Apps Bitcoin Trading Bots Cloud Mining.

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How to Invest Money How to Invest in ETFs How to Invest in Index Funds How to start Forex Trading How to Pick Shares How to Report a Forex Broker How to be Consistent in Forex. 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. Most of these trading platforms can work natively on macOS. However, where MetaTrader 5 is concerned, traders must use PlayOnMac as the trading platform is designed for Windows devices and computers.

This will depend on the trading needs and objectives of the trader. Each platform is designed to offer different functions and features. Most of these trading platforms are free to use. However, some will require a subscription or monthly fee depending on what you wish to use it for. If you want to use the proprietary trading platforms offered by forex brokers, you need to register a live trading account with the specific broker to gain access to its trading platform and the full features.

JP Markets offers a welcome bonus to all new traders who choose to register for a real account. JP Markets is considered a low-risk and can be summarized as trustworthy and reliable. JP Markets is regulated by the top-tier Financial Services Board, Based. Overall IW Bank offers numerous investment prospects for their clients, and allows them to invest in equities and bonds.

IW Bank clients may experience different fee structures according. com does not offer a sign-up bonus for first-time sign-ups or beginner traders. No sign-up bonus, deposit bonus, or welcome bonus is offered to traders. The Minimum Deposit for 1st-time traders might vary based on.

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After extensive research, we found the best forex trading platform for Mac and Windows is TradingView Free. When it comes to forex charting and technical analysis, nothing beats TradingView which is why it has one of the most active communities of day traders of any trading tool or platform on the market.

TradingView has been the best charting tool out there for a long time but it now allows you to trade too by connecting it to brokers such as Oanda, Tradestation and FXCM and it works perfectly on macOS Ventura , Monterey, Big Sur and Catalina. It also works on the latest Apple Silicon M1 Macs and M2 Macs.

In fact we rated TradingView as by far the best alternative to MT4 as MetaTrader has never been released for Mac. 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.

We therefore strongly recommend using TradingView as a better alternative to MT4 on Mac because it offers far more than MetaTrader and works on any platform including macOS. There is no NinjaTrader for Mac but there are ways to run NinjaTrader on a Mac. We therefore strongly recommend using one of the day trading platforms featured here instead as they all make excellent alternative excellent alternatives to NinjaTrader for Mac. TradingView is an incredibly popular community driven web-based stock and forex charting software that offers an easy to use way of tracking and analyzing forex currency markets.

It also allows you to connect it to major brokers such as Oanda, TradeStation and FXCM so you can trade via TradingView from your Mac desktop. TradingView combines social networking with complex technical analysis tools making it good for both experienced traders and beginners to Forex trading on Mac. TradingView has rapidly risen from just a few thousand users in to around seven million users today, mainly thanks to its wide array of charts and community driven content.

TradingView is so good that many other major stock trading resources such Investopedia are integrated with TradingView for Forex trading analysis on Mac and PC.

The amazing thing about TradingView is that most of its features are completely free to use. 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. It also offers a range of advanced trading tools to protect profits and limit losses.

Although there is only a desktop app for Windows, the web version looks great on Macs and is very responsive. CFDs are more complex than Binary Options and so Plus will appeal more to those that have trading experience but it offers some of the tightest spreads in the industry.

This covers the UK, Cyprus, Australia, New Zealand, Singapore, South Africa and Israel. In the UK, there is the additional guarantee that if Plus went bankrupt, funds of up to £50, may be protected under the Financial Services Compensation Scheme FSCS. Plus allows you to trade with a free demo account until you are comfortable trading. You can also check our full Plus review for more.

What we like about Fortrade is it makes the often complex world of Forex trading extremely simple making it ideal for beginners to forex. Fortrade has an excellent Mac desktop application which looks great on macOS and keeps things really clean and simple.

You can also use Fortrade online and everything syncs with the Mac desktop client. Fortrade is safe to use and authorized and regulated in the UK by the FCA Financial Conduct Authority. At the moment you can use Fortrade in English, German, Spanish, French, Croatian, Italian, Dutch, Polish, Portuguese, Slovene, Swedish, Russian, Arabic, Albanian and Macedonian.

FXTM is a well organized and easy to use day trading software that specializes in Forex trading and CFDs. Some of the highlights of FXTM include tight spreads, fast trade executions, lots of forex trading tools and lots of in-depth market analysis.

FXTM is particularly good for beginners to forex and CFD trading as it hosts several webinars and training seminars. FXTM offers leveraged trading depending on your experience and there are three types of account: Standard for general trading, Cent account for smaller trade sizes and an ECN Zero account with no commissions, no re-quotes and tighter spreads. Note that FXTM is not available in the USA, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico and the Occupied Area of Cyprus.

You can sign-up for a free FXTM demo account to try it for yourself. XM is one of the few platforms that allows you to use the Windows only Metatrader software by adapting it to work on Mac although this is not supported in Catalina — see here.

XM allows you to use both MT4 and MT5 on Mac and enables you to seamlessly continue trading on MT4 or MT5 on a mobile device too. XM has very tight spreads as low as 0 pips in some cases and there are no hidden commissions or charges. Apart from Forex, XM allows you to trade most other financial instruments including CFDs on Stock Indices, Commodities, Stocks, Metals, Energies and Cryptocurrencies. XM offers 3 types of account: Micro, Standard and Zero accounts which vary in cost based on the amount of trading you want to do.

AvaTrade is UK based but regulated across five continents which gives extra peace of mind compared to most platforms.

AvaTrade supports trading of a wide range if instruments including forex, CFDs, cryptocurrencies, spread betting and more. AvaTrade feels slick and professional but never intimidating or overwhelming when it comes to Forex. For Mac users, AvaTrade is also integrated with the web version of MT5 which looks great on Mac in any browser and is also available as an iOS app. FXCM Trading Station is a user-friendly but powerful dedicated Forex trading platform that offers lower commissions the more you trade.

FXCM Trading Station also guarantees do Dealing Desks — all trades are executed instantly. FXCM Trading Station also offers a handy Smart Margin Watcher which monitors your positions and alerts you if your account equity drops below a certain limit or if the market moves against you. FXCM Trading Station is straight talking, with clear and easy to understand advice on Forex trading. Oanda formerly known as Currensee is an award-winning currency trading platform with no minimum trade size and no minimum deposit.

You can trade on over different instruments including currency pairs Forex , indices, commodities, bonds and metals. Oanda is also one of the few Forex trading platforms to offer a Mac desktop app, although all it effectively does is retrieve the web version without using the browser.

One of the ways Oanda sells itself on its pricing transparency meaning there are no added commissions on your trades and unlike many Forex trading platforms, no minimum trading amounts. There are some useful tools in Oanda such as the Currency Strength Heatmap and Historical Forex Position Ratios. Oanda puts a strong emphasis on being transparent with customers and adhering to regulations specific to each global area.

We recommend trying a few paper trades first via an Oanda demo account to get a feel for it. Are any of these Mac complient forex trading software packages more suited to the 15m, 5m and 1m time frames please. If time frames are your main concern, then TradingView is your best option. 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 Day Trading Platforms For Mac Essentials Can You Get Metatrader 4 For Mac? Can You Use NinjaTrader For Mac?

Interested in learning the basics? Also you can place several tickers into the same Quotes board window. Also you active orders and executed trades can be displayed on charts too. What Is The Best Forex Trading Platform For Mac? eToro offers a unique opportunity for portfolio managers and professional traders to earn additional income by allowing other traders to copy their trades.

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