Forex Trading on Apple Mac for 2020

We found 11 online brokers that are appropriate for Trading Forex Trading Mac.

Forex Apple Mac broker Guide

Forex Trading Mac

Forex trading on Apple Macs has become hugely popular.

Trading Forex has traditionally been conducted on desktop PC computers.

But now many online brokerages are starting to offer their trading platform software on Mac based computers.

Why Forex Trading Mac is Different

Mac computers were not able to run much of the powerful trading platform software.

Most of the best trading platform applications were developed on a PC running on Windows operating systems.

Traders who wanted to trader using this software had to download Wine or Parallels to run MetaTrader in a emulated PC environmental. As you can imagine this was not ideal.

Running trading software in an emulated environment on a Mac was very buggy.

Some features could not run like Expert Advisors and API support was limited.

If you needed to create a robot to automate trades, running MetaTrader on Mac in an emulated environment was not a good idea.

Times have changed and many brokers now offer Apple Mac versions of their trading platforms.

MetaTrader, cTrader supports trading on Mac with like for like features offered by their PC counter parts.

Free Forex Trading Software for Mac

Sometimes Mac users feel like they have been left out compared to Windows users with respect to free trading software.

There have been ways around this but this has downsides. Applications like PlayOnMac allowed Mac users to download and install Windows software. However, the apps did not prove to be an ideal environment for trading.

Lately, several brokers have understood the need and hence are now offering free Forex trading software for Mac.

While discussing free Forex trading software for Mac in this article let us have a deeper look at the most popular MetaTrader 4 or MT4 trading platform.

Is MT4 Available for Mac

It is not available directly. The platform can be installed on Mac using Wine, the free open-source software.

However, it is important to note that all the functions of MT4 may not work properly as it is not a completely stable application.

How to Install MT4 on Mac

Wine-based application PlayOnMac helps in installing the MT4 trading platform on the Mac operating system. Below are the steps to be followed to install MT4 on Mac:

The first thing to do is to download the third-party application PlayOnMac. Ensure that it is downloaded from its official website.

After PlayOnMac is downloaded, launch it from the Download section of the Mac computer.

Follow the instructions and you should receive a prompt to install a required software XQuartz, which supports the running of Windows on a Mac. Next, it will prompt to download the MT4 installer file 'mt4setup.exe.'

Following the downloading of mt4setup.exe installer, launch it from the Download menu of the system. Bu doing this, the PlayOnMac will start installing MT4 automatically. Necessary shortcuts will also be created.

Finally, click on the icon of MT4 in the PlayOnMac launch window and this will run the MT4.

Are all Features Available

All the trading features are made available. However, some of the scripts for Expert Advisors (EAs) may not work properly.

MT4 Mac Features

Forex Trading Needs

Metatrade Minimum Mac Hardware requirements

Trading Requirements

It is important to ask the broker what is the required opening capital. Understand the minimum and maximum unit sizes for trading.

Costs

The cost of trading in the form of fees, commissions or spreads plays a crucial role. The fee or commission should not be very high to eat away a good portion of the profit.

Leverage, Margin Requirement

In forex leverage is important. With leverage, one can trade more than the actual fund at hand. This means money can be borrowed easily from the broker.

Currency Pairs

It is important to deal with such a broker who has at least forty currency pairs.

Broker Type

There are basically two types of brokers in the Forex segment. One is a market maker and the other is direct access.

The first works with all the orders while the second deals only with sophisticated traders.

Is User Manual Made Available

Indeed, these are available. Simply click on Help and thereafter the Help Topics and you will be able to view the manual.

Can you alter the Language?

You can alter the language, and this can be completed through the top menu. Choose View there and then choose Languages.

After this, click on the language you wish for such as Japanese, Spanish or German. Once the language is selected, restart the software. The desired language will be converted.

How to Start Trading on MT4

After downloading it is important to enter login credentials as well as the relevant server that has been cited while registering by the broker. Next, a deposit of a trading fund is required. Once complete, trading can be started.

How to Adjust Time Zone

It is not possible to adjust the time zone but the broker can adjust it. The time is based on the server setting.

How to Access MT4 Trading Report

The below process is to be followed to access MT4 trading report on a Mac system:

Users will receive the same advantages on Mac as found on the Windows system:

MT4 is one of the best trading platforms in the industry and it is most flexible. It is popular worldwide and most of the Forex brokers prefer offering it to their clients.

The platform offers various tools to help clients trade smoothly with somewhat required research.

History of MT4

MT4 was developed by MetaQuotes Software in 2002 but its enhanced version was released later in 2005. From 2007 to 2010 several brokers started offering it as an optional alternative to existing platforms.

MT4 basically focuses on margin trading and brokers use it to mainly trade CFD. The platform is a stand-alone system and brokers manage their positions manually.

Free Forex Trading Software for Mac Verdict

While writing this article titled Free Forex Trading Software for Mac, it was thought to include several platforms. However, this piece of content is limited to MT4 as it is one of the best platforms in the world and many brokers offer it to their clients as a priority.

Forex Trading Mac and Brokers

It is important to deal with a broker who helps you to trade through a Mac.

Only register with brokers who have a history of running all of their trading and research tools on Mac. Check your broker readily supports Mac.

Once finalized, it is the time to download software provided by the broker. It is to note here that many experienced traders create their own trading programs based on customized algorithms.

The next step is to make your first trade. Many start with a demo account that allows you to get used to the trading platform on Mac using virtual money. This gives traders practical experience in the markets without risking real money.

While writing this article titled Free Forex Trading Software for Mac, it was thought to include several platforms. However, this piece of content is limited to MT4 as it is one of the best platforms in the world and many brokers offer it to their clients as a priority.

Forex Trading on Mac Verdict

Forex trading on Mac is not perfect.

Compared to Windows based PC and even Android and iPhones.

There may be some limitations with Mac trading platforms as PC based trading platforms have been around for over 30 plus years. Although Mac trading platforms are catching up it is something to be aware of.

However, once the right Mac software is downloaded and installed, there is nothing stopping traders trading successfully.

Brokers play an important role in the whole process so the first thing to do is to choose a reputable broker that meets your trading needs.

Many brokers have their own software platforms that are heavily customized.

Beyond installation, the experience is the same as PC or mobile trading.

It is advised to compare Mac trading features with Windows, Android and iOS incase an important feature you need is absent.

We've collected thousands of datapoints and written a guide to help you find the best Forex Trading on Apple Mac for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best forex trading mac below. You can go straight to the broker list here.

Reputable Forex Apple Mac broker Checklist

There are a number of important factors to consider when picking an online Forex Trading Mac trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Forex Trading Mac.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Forex Trading Mac of 2020 compared

Here are the top Forex Trading Mac.

Compare Forex Trading Mac min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are forex trading mac. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more forex trading mac that accept forex trading mac clients

Broker IC Markets Trading212 FP Markets Roboforex Pepperstone XM FXPrimus paxforex ThinkMarkets AvaTrade Axitrader
Rating
Regulation Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)
Min Deposit 200 1 100 1 200 5 100 10 250 250 No minimum deposit
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 60,000+ 14,000,000+ 10,000+ 10,000+ 10,000+ 70,000+ 10,000+ 350+ 10,000+ 200,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Web Trader, Tablet & Mobile apps MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps Web,iPad,mac,Desktop,iPhoneiOS MT4, Mac, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
icmarkets
Sign Up with
trading212
Sign Up with
fpmarkets
Sign Up with
roboforex
Sign Up with
pepperstone
Sign Up with
xm
Sign Up with
fxprimus
Sign Up with
paxforex
Sign Up with
thinkmarkets
Sign Up with
avatrade
Sign Up with
axitrader
Risk Warning Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Your capital is at risk Losses can exceed deposits Your capital is at risk Losses can exceed deposits 79% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits
Demo IC Markets
Demo
Trading 212
Demo
FP Markets
Demo
Roboforex
Demo
Pepperstone
Demo
XM
Demo
FXPrimus
Demo
PaxForex
Demo
ThinkMarkets
Demo
AvaTrade
Demo
Axitrader
Demo
Excluded Countries AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA US US, JP, NZ US, JP BR, KR, IR, IQ, SY, JP, US US, CA, IL, KR, IR, MM, CU, SD, SY AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW BE, BR, KP, NZ, TR, US, CA, SG US, JP

All Forex trading mac in more detail

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 side by side.

We also have an indepth Top Forex Trading Mac for 2020 article further below. You can see it now by clicking here

We have listed top Forex trading mac below.

Forex Apple Mac broker List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 60000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Trading212
(4/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 14000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading 212 offers Stocks, Forex, Commodities, Indices

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 10000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Pepperstone offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 70000+ traders. Your capital is at risk XM offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
paxforex
(4/5)
Min deposit : 10
PaxForex was established in 2010 and is used by over 350+ traders. Your capital is at risk PaxForex offers Forex trading, CFD trading,

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web,iPad,mac,Desktop,iPhoneiOS

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825
ThinkMarkets
(4/5)
Min deposit : 250
ThinkMarkets was established in 2010 and is used by over 10000+ traders. Losses can exceed deposits ThinkMarkets offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
Axitrader
(4/5)
Min deposit : 0
Axitrader was established in 2007 and is used by over 10000+ traders. Losses can exceed deposits Axitrader offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)