Download Forex Trading Software For Mac
They say once you go Mac, you never go back. If you are a die-hard fan of Mac computers, as I am, you want a forex trading platform that will run smoothly on your device without any limitations. The good news is you can find excellent trading platforms available for Mac, and this guide shows you how.
Download Forex Trading Software For Mac
Many forex and CFD brokers continue to offer desktop software for Apple computers running Macintosh operating systems and have made significant improvements over the years to rival their Windows versions.
While the user experience continues to evolve for Swissquote's Advanced Trader as a Mac trading platform, it does include robust charting, complex order types, and supports forex options trading on 45 pairs on a Request for Quote (RFQ) basis. Read full review
If you live in the U.S., the best trading platform for your Mac computer is thinkorswim from TD Ameritrade. For non-U.S. residents, Saxo Bank's SaxoTrader Pro desktop trading platform and SaxoTrader GO web and mobile trading app are excellent trading software for Mac users.
Much like a Windows computer, your Mac laptop or desktop machine likely already has a powerful balance of the hardware and software capabilities necessary to run the best trading platforms. Likewise, iOS devices such as the iPhone can run even the most demanding mobile trading app for Macs.
Nearly all Mac computers made in the last decade have a fast processor, large hard drive, and enough RAM to meet your needs regardless of the Mac trading platform you use. Desktop trading platforms can be more resource-intensive when installed locally, compared to using a web-based version, so it's good to know what the system requirements are if you decide to use forex trading platforms for Mac.
Yes, you can trade forex on a MacBook by either using the web or desktop version of the trading platform from your device. Even the smallest MacBook, the 12-inch, can be used for forex trading, in addition to the hardier MacBook Air and MacBook Pro models.
It's important to keep in mind that desktop-based platforms that require installation on your MacBook Air may consume more memory and battery, compared to using the web version of the forex trading platform offered by your broker.
The best trading platforms cover all the bases, offering low commissions, a wide range of markets, news, research, powerful charts, and plenty of trading tools in a user-friendly software design. The following forex brokers offer the best software for trading:
Unfortunately, MetaTrader only runs natively on Windows. MetaQuotes Corporation does have what appears to be a Mac version of MetaTrader, but it requires a Windows Emulator in order to actually work on a macOS device. If you are looking for MetaTrader 4 for Mac, you can download the installation file directly from the developer here (and the MT5 version is available here). Once you launch the software, the Wine Gecko Installer will look for a Gecko package (which is needed for MetaTrader to run on your Mac), and if not found it will give you the option to download and install it.
Looking for a great forex broker that offers MetaTrader? Read our complete guide to the Best MetaTrader Forex Brokers. You can also check out our MetaTrader 5 guide, where we dive deep into the newest version of the MetaTrader software.
Pro tip: When building a trading rig for Mac trading software, Apple desktop and laptop computers can be configured to be very powerful and can easily cost several thousand dollars depending on setup (i.e., 64GB of RAM, 4.0 GHz processor, 1 TB SSD). In almost all cases, that will be more than is necessary for trading platforms, even if you have a decade-old Apple computer with base model specifications.
Having run the most demanding trading platforms from over 40 brokers, I can say that Mac devices are ultra-reliable, and perfect for day trading and running desktop trading software, or having numerous browser tabs open while logged into your brokerage accounts.
Trading on a Mac computer is no different than on any other computer, except that if you want to install a desktop-based platform, you must be sure there is a compatible Mac version. Otherwise, you'll be limited to using web-based trading platforms and mobile apps. Many of the best brokers offer Mac versions of their desktop software, or their web-based versions are excellent alternatives.
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.
One of the best ways to simplify your trading is with indicators, scripts and other apps. Trading Station comes pre-loaded with dozens of helpful indicators. But with FXCM apps, you can easily download indicators and other apps to help you customise your charts. Like your favourite apps stores, FXCM Apps offer hundreds of unique apps, indicators and strategies, ideal for any trader.Go to FXCM Apps
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:
Additionally, to low spread forex trading, Pepperstone also offers competitive commissions that start from USD 3.50 per 100,000 units traded (USD 7.00 round turn commission to open and close an FX trade).
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.
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.
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 100. FxPro cTrader Web runs on Apple computers and there are also mobile apps for iOS devices (you can download cTrader Mobile 3.12 Beta from App Store).
ThinkOrSwim by TD Ameritrade is one of the most popular US-based trading platforms. ThinkOrSwim cutting edge trading technology has a professional interface designed for serious stock, futures, options and forex traders. The multi-award-winning platform TOS is available for Mac users running OS X 10.7.3 or later, including Mac Catalina.
NinjaTrader offers both a trading software solution and brokerage services for forex traders. They aim to provide uninterrupted access to the forex market through high-performance trading software. Founded in 2003, NinjaTrader Group is the home of over 60,000 active traders from over 150 countries.
Trader Workstation (TWS) by Interactive Brokers is a sophisticated proprietary multi-asset trading platform. The trading software is equipped with robust capabilities and complex trading features that are suited for professional traders and money managers. The TWS for Mac version requires at least Mac OS X version or above.
Besides the flagship TWS platform, IB also offers FXTrader as a dedicated forex trading platform. The FXTrader is optimised for forex trading with direct market access (DMA). The FX platform has an ECN-like market structure, over 20 order types, order book, customised layout, trade management and so much more.
TradingView is a web-based charting software and social network place for market analysis and sharing trading ideas. The charting tools and features can be used for stocks, forex, futures and so much more. TradingView works with the latest Mac OS version and iOS devices.
*The paperMoney software application is for educational purposes only. Successful virtual trading during one time period does not guarantee successful investing of actual funds during a later time period as market conditions change continuously. To receive real time quotes on a paperMoney account, the paperMoney account must be linked to a TD Ameritrade account funded with at least $500.
MetaTrader is the universally popular online trading platform that lets you monitor the markets and trade in real-time. When you trade with us, you trade on one of these two powerful platforms, beloved by traders of all experience levels around the world. MT4 and MT5 are free to download on PC, Mac, mobile and tablet.
For many years, global financial traders have lamented the lack of trading options for the superior Mac platform. Due to the abundance of PCs, most firms would produce trading platforms compatible with only Windows. Previously, Mac users who wanted to use trading platforms on their computers, would opt for virtualization or software emulation programs in order to be able to run Windows on their devices. This is no longer the case and the world of online trading has now been offered up to Mac users worldwide.
MetaTrader 4 is a forex charting software used by many online Forex brokers. In order to trade in the financial market, you need a program that allows you to analyze quotes, make trades and develop strategies. You also need to control trading accounts by using some kind of mobile device. All, which can be handled by MetaTrader 4. 350c69d7ab