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.

com , registered with the Commodity Futures Trading Commission CFTC , lets you trade a wide range of forex markets plus spot metals with low pricing and fast, quality execution on every trade.

Learn more about FOREX. My Account. Benzinga Plus. Log In. Our Services. News Earnings. Retail Sales. Insider Trades. Markets Pre-Market. After Hours. Binary Options. CME Group. Global Economics. Penny Stocks. Digital Securities. Ratings Analyst Color. Price Target. Ideas Trade Ideas. Covey Trade Ideas. Long Ideas. Short Ideas. From The Press. Jim Cramer.

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Best Alternative Investment Platforms. Crypto Future of Crypto. Is Bitcoin a Good Investment? Is Ethereum a Good Investment? What is Blockchain. Best Altcoins. How to Buy Cryptocurrency? Crypto and DeFi What is DeFi?

Decentralized Exchanges. Best DeFi Yield Farms. NFT Release Calendar. What is a Non-Fungible Token NFT? How to Buy Non-Fungible Tokens NFTs. CryptoPunks Watchlist. Are NFTs a Scam or a Digital Bubble? Best Crypto Apps. Best Crypto Portfolio Trackers. Best Crypto Day Trading Strategies. Best Crypto IRA. I've personally found that Parallels version 16 works very well for running the TradeStation desktop trading platform on macOS version 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. Here are the Overall rankings for the 39 online brokers who participated in our Annual Review, sorted by Overall ranking.

Was this helpful? Yes or No. At ForexBrokers. com, our evaluations of online brokers and their products and services are based on our collected quantitative data as well as the qualitative observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the online forex brokerage industry, and we evaluate dozens of international regulator agencies click here to learn about how we calculate Trust Score. In order to assess the best brokers for trading on Mac devices and operating systems, we conducted in-depth research and testing on modern Mac devices that run the most up-to-date versions of MacOS and iOS.

We test using MacBook Pro laptops that run macOS Our team of researchers rigorously tests a wide range of key features and assesses which of the most important trading products and tools are available for Mac users.

We test the best trading platforms and software available for Mac that support manual trading and social copy trading — for web, desktop, and mobile — as well as for the availability of third-party platforms like cTrader and MetaTrader for Mac devices, among other key testing variables. Ultimately, our thorough testing and data validation process yields an error rate of less than.

Click here to learn more about how we test. 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. Steven Hatzakis is the Global Director of Research for ForexBrokers.

Steven previously served as an Editor for Finance Magnates, where he authored over 1, published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U. as a Commodity Trading Advisor CTA. Blain Reinkensmeyer has 20 years of trading experience with over 2, trades placed during that time. He heads research for all U.

com and is respected by executives as the leading expert covering the online broker industry. John Bringans is the Senior Editor of ForexBrokers. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.

Joey Shadeck is the Content Strategist and Research Analyst for ForexBrokers. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money. Home Forex Guides Directory.

November 10, Pros Flagship platform is top of the line Over 40, tradeable instruments Excellent customer service Cons High minimum deposit. Pros Outstanding platform in thinkorswim Thorough research offerings Excellent educational materials Cons Does not offer copy trading Forex pricing is slightly higher than industry average.

Pros Robust platform for professional traders Wide range of global markets Thorough research offering Cons Trader Workstation platform is likely too complicated for inexperienced traders. Pros xStation 5 platform is an industry standout Robust selection of trading tools Excellent customer service Cons Pricing is just average.

Pros Early leader in crypto offerings Strong banking services High-quality research Cons Desktop platform needs updating Limited tradeable symbols for forex and CFDs Costs tend to be on the high side. Pros AvaOptions app is an excellent forex options mobile trading platform Offers 44 forex options and over 1, CFDs Cons Pricing for retail accounts is average, but trails industry leaders Desktop platform is slow to load, has outdated design.

Pros High-quality market research Excellent options for algorithmic trading Cons Fees trail discount leaders Limited tradeable products. What is the best trading platform for Mac? Is a Mac good for trading? devices Finding a MetaTrader broker Looking for a great forex broker that offers MetaTrader? Submit Details. Steven Hatzakis Steven Hatzakis is the Global Director of Research for ForexBrokers. Blain Reinkensmeyer Blain Reinkensmeyer has 20 years of trading experience with over 2, trades placed during that time.

John Bringans John Bringans is the Senior Editor of ForexBrokers. Joey Shadeck Joey Shadeck is the Content Strategist and Research Analyst for ForexBrokers. Saxo Bank. Interactive Brokers. TD Ameritrade.

CMC Markets. City Index. FP Markets. Admiral Markets. IC Markets. XM Group. Fineco Bank. HYCM Henyep. Trading Moneta Markets. Trade Nation. BlackBull Markets. ACY Securities. VT Markets. RoboForex RoboMarkets. GBE brokers.

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?

This makes it a great solution for mac users looking to install trading platforms. Read more on forex trading risks. Love your Mac but don't want to download software? 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. Likewise, iOS devices such as the iPhone can run even the most demanding mobile trading app for Macs. Think outside the box, venture outside of your comfort zone and start trading. FP Markets.

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