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. Is a Mac good Trading forex on your Mac is a little more difficult than a PC thanks to MetaTrader’s programming, but you don’t need to buy a new computer just to trade currencies Latinum is a new professional trading and technical analysis software for Mac and PC which is focused on analysing forex and CFDs (Contract for Difference). Latinum is designed for Although as computers, Macs are good for trading, there are far fewer forex trading platforms and software that support macOS and there’s no MT4 for Mac. However, if you look hard enough, Any advantage you can get in Forex trading counts so we’ve looked at the best forex trading platforms for Mac and Windows in While Windows users can use just about any forex ... read more
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. Apple computer users are mostly concerned with desktop trading and native MT4 apps for Macs. Note that MetaTrader desktop apps will lose some functionality, though. Claim Exclusive Offers. CedarFX is not regulated by any major financial agency. The brokerage is owned by Cedar LLC and based in St. Vincent and the Grenadines. MetaTrader, cTrader and NinjaTrader are the most popular platforms here.
Remember, most forex brokers allow or more outside the U. Just make sure you can cover the minimum account balance and fund your trade. Macs still have plenty of support from brokers with native MetaTrader for Mac apps and platforms like cTrader and NinjaTrader are available, too. You may have heard that MetaTrader is the preferred platform for most traders, but it is not the only way.
Think outside the box, venture outside of your comfort zone and start trading. Of course, if these steps seem a little too complex, no one could blame you if you buy a cheap Android phone and use it exclusively to trade on MT4 or 5. If you stick with your Mac, you might not have all the MetaTrader bells and whistles, but you can still build a successful forex trading operation.
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SaxoTraderPRO 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. Pros and Cons PROS CONS A well-regulated, reputable broker High minimum deposit Powerful trading tools US traders not accepted In-depth market analysis and other tools Inactivity fee charged on dormant accounts Variety of third-party tools Interactive Brokers TWS 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.
Pros and Cons PROS CONS Trusted, multi-regulated broker Limited funding options Research and analysis tools offered There are clients from more than 10 countries that are not accepted Comprehensive educational material No fixed spreads Useful trading tools provided ProTrader ProTrader is a white label trading platform that was developed by PSOFT. ProTrader is natively compatible with macOS, and offers some of the following features: Customized trading support Support of hedging trading strategies Direct Market Access DMA Freedom to use algorithmic trading Risk management tools, and more.
Pros and Cons PROS CONS Variety of functions and features Very few brokers are using or offering it Well-established software provider Perfect for professional traders and institutions Thinkorswim Thinkorswim is the innovative creation of TD Ameritrade , a proprietary trading platform that is available to Mac OS X Pros and Cons PROS CONS Advanced charting tools and capabilities High commission charges More than technical studies provided on the platform The learning process can be time-consuming More than 20 drawing tools The interface can be overwhelming for beginners Charts can be viewed in full screen Demo account offered Advanced orders additional to typical order types Suited for professional traders MetaTrader 5 MetaTrader 5 is the creation of MetaQuotes, a reputable and popular software application designer.
Pros and Cons PROS CONS User-friendly and highly customizable Hedging strategies cannot be used on exchange markets A comprehensive collection of analytical tools Advanced tools can be difficult to navigate for beginner traders Access to 8 different pending orders The use of 21 timeframes Wide variety of tradable assets Used by hundreds of brokers xStation 5 XTB xStation 5 is the proprietary innovation from a reputable and well-established forex and CFD broker , namely XTB.
Pros and Cons PROS CONS Variety of financial markets and assets to trade Inactivity fee charged if the account goes dormant Tight spreads, reliable trade execution Trading academy Low minimum deposit OANDA Trade Desktop OANDA is a large, well-established, globally recognized forex broker and forex trading platform that is headquartered in the US. Pros and Cons PROS CONS More than 70 tradable instruments Retirement accounts not available User-friendly trading platform Mobile platform for iPad and iPhone FAQ Can I download these trading platforms onto my MacBook without third-party software to run it?
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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?
Although as computers, Macs are good for trading, there are far fewer forex trading platforms and software that support macOS and there’s no MT4 for Mac. However, if you look hard enough, Mac mini M1 chips 8g of RAM (day trading) Hi Guys, it’s me again! Last post for my futur computer ahaha! With all your advices, thanks to everyone, I’ve decided to go with the mac K subscribers. In this Montreal Forex trading vlog, I share with you, the Mac lover, how I'm able to trade Forex from my Macbook. This requires a combination of tools that became must You can compare Forex Trading Mac ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types The OANDA Trade Desktop is compatible with macOS X , and later versions. This proprietary trading platform has a range of technical indicators, technical analysis tools, Trading forex on your Mac is a little more difficult than a PC thanks to MetaTrader’s programming, but you don’t need to buy a new computer just to trade currencies ... read more
This will depend on the trading needs and objectives of the trader. Necessary Necessary. As a regulated broker, IQ Option also offers tight spreads , fast trade executions and lots of profit-loss risk management tools. Is Bitcoin a Good Investment? com Minimum Deposit Trade.
As Seen On:. Even the smallest MacBook, the inch, can be used for forex trading, in addition to the hardier MacBook Air and MacBook Pro models. If you are looking for MetaTrader 4 for Mac, you can download forex trading on mac mini installation file directly from the developer here and the MT5 version is available here. This is not only potentially very profitable for you, but also an excellent way for beginners to learn the ropes of Forex trading. Although there is only a desktop app for Windows, the web version looks great on Macs and is very responsive.