Table of Contents
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Affiliate Disclosure DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker's track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

Forex Trading Platforms for Mac

Windows operating systems continue to dominate the PC and laptop market, with an estimated market share of 70%, down notably from 90%+ over a decade ago, with Apple’s Mac system clocking in just above 17%.

Mac devices enjoy a duopoly with Android on mobile devices, which are the device of choice for copy traders, where Mac leads the US market and Android most non-US markets. In this review we look at Forex trading platforms for the Apple Mac.

1
5/5
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Two bond CFDs & a dedicated educational section on bond trading.
Excellent multi-lingual customer support in 14 languages.
80% of retail CFD accounts lose money
2
4.8/5
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
One of the best platforms for CFD traders.
Trailing stop losses
3
4.8/5
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Ten payment processors, including crypto & a $100 minimum deposit requirement.
Copy trading via embedded MT4/MT5 services and fee-based Signal Start.
4
4.6/5
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Best all around broker
High floating leverage + fast execution
Your investment value may change. Capital is at risk.
5
4.5/5
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Best social trading platform on the market
Excellent choice of options for crypto traders

  • AvaTrade, Highly regulated, choice of fixed or floating spreads.
  • Plus500, multi-asset and CFD broker.
  • DNA Markets, Super asset selection for Forex and cryptocurrency traders.
  • FXTM, Best all-around broker with high floating leverage and fast execution.
  • eToro, Best broker for social traders and crypto traders : 74% of retail CFD accounts lose money.

Best Mac Platform's Brokers Comparison

Regulators
ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFIDASIC, CySEC, FCA, FMA, FSCA, MASASICCMA, CySEC, FCA, FSC Mauritius, FSCAASIC, CySEC, FCA, FSA
Year Established
20062008202320112007
Execution Type(s)
Market MakerMarket MakerECN/STP, Market MakerECN/STP, Market MakerMarket Maker
Minimum Deposit
$100
$100
$100
$200
$50 - $10,000
Average Trading Cost EUR/USD
0.9 pips1.3 pips1.1 pips ($11.00)0.1 pips1.0 pips
Average Trading Cost GBP/USD
1.5 pips1.7 pips1.3 pips ($13.00)0.2 pips2.2 pips
Average Trading Cost Gold
$0.29 $0.34 $0.12 $0.18 $0.45
Trading Platform(s)
Other, MetaTrader 4, MetaTrader 5, Web-based+Proprietary platform, Web-basedMetaTrader 4, MetaTrader 5MetaTrader 4, MetaTrader 5, Proprietary platformProprietary platform
Islamic Account
Negative Balance Protection

AvaTrade

In Summary Highly regulated, choice of fixed or floating spreads

AvaTrade Forex trading platforms for Mac consist of MT4/MT5, where traders can download desktop clients and opt for web-based alternatives and mobile apps. The AvaTrade app is also available with a 4.4 out of 5.0 rating from 451 reviews in the Apple App Store. It requires iOS 12.0 or later or macOS 11.0 or later with an Apple M1 chip.

The most competitive trading tool is Capitalise AI, which allows algorithmic trading in a code-free environment. Traders also get the Guardian Angel MT4 plugin. AvaTrade offers a reasonably priced commission-free cost structure from 0.9 pips spreads or $9.00 per lot.

Read more on AvaTrade »
5.0/5 in this category

Pros & Cons

  • High quality educational offering via AvaAcademy
  • Excellent choice of trading platforms catering to various trading needs
  • Broad asset selection and cross-asset diversification opportunities
  • Well-regulated and trusted broker with oversight from a central bank
  • Trading costs competitive but nothing special

Plus500

In Summary multi-asset and CFD broker

Plus500 presents its manual-trading-only user-friendly proprietary trading platform and mobile app, which has a 4.2 out of 5.0 rating from 362 reviews in the Apple App Store. It requires iOS 14.0 or later, making it less accessible than some competitors, or macOS 11.0 or later with an Apple M1 chip. Plus500 ranks among the Forex trading platforms for Mac with the broadest choice of Forex options.

Traders get a commission-free pricing environment with minimum spreads from 0.8 pips or $8.00 per 1.0 standard round lot. An invite-only Premium Client service exists, designed to provide an exclusive Plus500 trading experience.

Read more on Plus500 »
4.8/5 in this category
Get Started
80% of retail CFD accounts lose money

Pros & Cons

  • Broad asset selection in equities and options
  • Free and unlimited demo account
  • Advanced free-of-charge analytical trading tools
  • Global and regulated fintech platform
  • Sub-standard trading platform without support for automated or social trading

DNA Markets

In Summary Super asset selection for Forex and cryptocurrency traders

With a well-balanced asset selection of 800+ assets, fast order execution, deep liquidity, micro lot trading from 0.01 lots or 1,000 currency units, and competitive commission-based trading fees of raw spreads from 0.0 pips for a commission of $6.00 per 1.0 standard round lot, DNA Markets is the best Forex trading platform for Mac within my listing.

DNA Markets has no restrictions on trading strategies, including scalping and algorithmic trading using EAs. DNA Markets issues a margin call at a 100% margin level and an automatic stop-out level at 50%. Passive income opportunities exist via the partnership program.

Read more on DNA Markets »
4.8/5 in this category

Pros & Cons

  • Competitive, commission-based trading fees
  • Choice of payment processors, including cryptocurrencies
  • Excellent choice of Forex and cryptocurrency pairs
  • MT4/MT5 trading platforms for algorithmic and copy trading
  • Limited commodity asset selection and no ETF trading

FXTM

In Summary Best all-around broker with high floating leverage and fast execution

FXTM is a well-established broker with Forex trading platforms for Mac offering the lowest trading fees. Commission-based minimum costs range between $0.80 and $4.00 per round lot. The proprietary FXTM Trader only has one rating on the Apple App Store with a 5.0 rating. It requires iOS 14.0 or later, ensuring accessibility for most, or macOS 11.0 or later with an Apple M1 chip.

Most FXTM Mac traders rely on MT4/MT5 apps, which both enjoy a 4.8 out of 5.0 rating from 469 and 286 ratings, respectively. Both require iOS 11.0 or macOS 11.0 or later with an Apple M1 chip.

Read more on FXTM »
4.6/5 in this category

Pros & Cons

  • Excellent commission-based Forex pricing environment and transparency
  • Upgraded MT4/MT5 trading platforms plus proprietary mobile trading app
  • Quality market research and educational content for beginner traders
  • A highly regulated broker with a tier-1 license
  • No cryptocurrencies and limited choice of commodities

eToro

In Summary Best broker for social traders and crypto traders : 74% of retail CFD accounts lose money

eToro is one of the leading copy trading communities, and traders get proprietary trading tools like Copy Trader and Smart Portfolio. Therefore, eToro is considered the most dynamic Forex trading platforms for Mac copy traders who do not mind higher fees. eToro lists commission-free Forex spreads from 1.0 pips or $10.00 per 1.0 standard round lot.

The eToro app has a 4.7 out of 5.0 rating from 182 user ratings in the Apple App Store, making it one of the highest rated. It requires iOS 11.0 or later, ensuring accessibility, or macOS 11.0 or later with an Apple M1 chip.

Read more on eToro »
4.5/5 in this category
Get Started
Your investment value may change. Capital is at risk.

Pros & Cons

  • Active investment community ideal for social trading
  • Dedicated tools for social trading
  • Broad cryptocurrency selection
  • Expanding educational offering for beginner traders
  • Internal withdrawal fees

What Difference Does a Mac Make in Forex Trading?

Forex trading platforms for Mac display little to no difference in performance metrics versus high-end Windows machines for traders. There are variations though on mobile devices, where Microsoft exited the market recently, and iOS devices share an almost equal market share with Android devices.

There is a lot of back and forth between Mac and Windows users, but it ultimately depends on individual preferences and how traders use either trading setup. Most trading software remains optimized for Windows, as serious traders tend to use desktops, where Mac has a market share of roughly 17% versus 70% for Windows.

Mac enthusiasts may note superior performance and durability over Windows counterparts, but a high-end Windows system will shine equally well. Mac traders may come across third-party software that does not work on a Mac, but most traders will find Forex trading equally effective on Mac and Windows.

How to Trade Forex on Your Mac

Before traders decide where to trade and which Forex trading platforms for Mac to download, they must begin their journey with in-depth education. Trading psychology should be the first lesson to study. It separates profitable traders from up to 90% of retail traders who lose money when trading Forex.

MT4 is the leading Forex trading platform, irrelevant of the operating system, and it has the highest ratings in the Apple App Store versus any alternative.

Here are a few beginner tips:

  • Download the MT4 demo trading platform.
  • Select a quiet place for trading.
  • Use a strategy that reflects your personality.
  • Ensure you understand the relationship between leverage and risk management.
  • Keep a trading journal, which can help you improve your trading.
  • Opt for a micro account platform instead of a demo account, make a small deposit, and learn how to trade with 0.01 micro lots.

What is the Best Trading Platform for a Mac? H2

The best Forex trading platforms for Mac, like the choice between Mac and Windows, depend on user preferences. The MT4 and the MT5 trading platforms have the highest ratings on the Apple App Store, both clocking in at 4.8 out of 5.0, with MT4 supported by more ratings.

Many traders who prefer Forex trading on a Mac will pair the MT4 platform with the MacBook Air. It is the cheaper version of the MacBook Pro. The MacBook Air provides sufficient computing power to meet most trading requirements, including algorithmic trading.

Is a Mac Good for Trading?

A Mac is similar for trading to a Windows device, and among the Forex trading platforms for Mac is the market leader MT4. Therefore, a Mac covers everything Forex traders require from a hardware and software perspective. Depending on individual requirements, some Forex traders may run into issues with compatibility. These can be addressed by running a virtual machine and installing Windows. The drawback is that it can slow down performance.

Forex traders who prefer copy trading may have the best Mac trading experience, as the mobile apps on iOS work smoothly and fulfill all basic trading requirements.

Is MetaTrader Available for Mac?

MetaTrader is among the Forex trading platforms for Mac. Traders can download the versatile desktop clients of MT4/MT5, which require a macOS 11.0 or later operating system with an Apple M1 chip. The lightweight web-based alternatives run on most browsers, posing no issues for Forex trading on a Mac.

The user-friendly MT4/MT5 mobile apps, the highest-rated trading apps on the Apple App Store, require an iOS 11.0 operating system or later, which ensures widespread availability. The MetaTrader platforms allow Mac traders to trade Forex with industry-leading trading platforms, fully supportive of algorithmic and copy trading.

How to Trade Using MT4 on a Mac?

Trading on a Mac follows the same principles as trading on Windows or other operating systems.

Here are tips on getting started:

  • Beginners should start with in-depth education.
  • Once traders feel comfortable, they should select one of the Forex trading platforms for Mac MT4 is the top-rated choice, the leading Forex trading platform industry-wide, and the highest-rated in the Apple App Store
  • Define a strategy, avoid emotion-based decisions, and deploy proper risk management.
  • Start with a small balance and test preferred Forex trading strategies for six to twelve months before committing more capital.

How Can You Access the Trading Report on a Mac?

Accessing trading reports depends on the Forex trading platforms for Mac, and the process could differ slightly. Most trading platforms offer detailed trading reports within the trading platform.

Since MT4 is the highest-rated trading platform on a Mac, here is how traders can access their MT4 trading report:

  • Open your MT4 trading platform.
  • Click “Account History,” located on the bottom menu.
  • MT4 displays the entire trading history by default.
  • Right-click anywhere in the tab, and a menu pops up.
  • You can select a custom period to view.
  • Click “Save Detailed Report”

How Do I Get the Stocks App on My Mac?

The Stocks app is not part of any Forex trading platforms for Mac. It is available to all Mac users as a native application from Apple, displaying stock quotes, interactive charts, and top business news, although it does not support trading.

Here is how traders can access the Stocks app on their Mac:

  • Click the Finder icon in the dock, which opens a Finder window.
  • Click “Applications” in the Finder window sidebar.
  • Double-click the Stocks app.

Mac users can open multiple windows or tabs to view the information available in the Stocks app, including a watchlist.

Which Mac is Best for Day Trading?

The choice of which Mac to use for day trading depends on individual preferences and requirements. The computing power of all Mac models suffices for Forex trading platforms available on the operating system. Since active trading is a more demanding strategy, often requiring multi-screen layouts, the laptop models are not ideal, given their small screen sizes of 13.3 to 16.0 inches.

The iMac models have screen sizes between 24 and 27 inches and support multiple display ports, allowing day traders to use multi-screen setups and offering sufficient screen real estate to accommodate day trading strategies.

Can I Use TradeStation on a Mac?

TradeStation is not among Forex trading platforms for Mac that can run directly on apples systems, as it has never developed a specific Mac version. Mac traders can use TradeStation, which requires emulation software. The most-used emulation software for Mac is Parallels Desktop for Mac.

Here is how you run TradeStation on Mac:

  • Install your preferred emulation software on your Mac.
  • Run your emulation software and install Windows.
  • Install TradeStation on Windows

Among the potential drawbacks of using TradeStation on Mac are the additional costs of obtaining a Windows license and a different keyboard setup.

Bottom Line

Most Forex trading platforms available on Windows also exist as Forex trading platforms for Mac. MT4 and MT5 are the highest-rated options based on Apple App Store ratings from hundreds of users, and MT4 remains the undisputed industry leader. Many Forex traders using Mac prefer the MacBook Air, which suffices for hobby traders but fails to cater effectively to those with more demanding requirements. The iMac models present a suitable choice for serious traders.

Depending on the trading requirements, some traders may run into comparability issues, which require emulation software for a workaround solution that can add costs and decrease performance.

You might also be interested in reviewing the below top brokers:

FAQs

Can you trade Forex on a Mac?

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Yes, Forex trading on a Mac is possible, as most platforms are Mac-compatible. Those that are incompatible require emulation software to run on a Mac.

What is the alternative to MetaTrader for Mac?

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MetaTrader trading platforms are available on a Mac, and traders do not have to seek alternatives.

Can MetaTrader run on a Mac?

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Yes, MetaTrader can run on a Mac and is the highest-rated trading platform on the Apple App Store.

Which broker has MT4 for Mac?

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Since MT4 is Mac-compatible, every broker offering MT4 has a Mac version.

Is it safe to trade with a Mac?

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Yes. A recent study showed that Mac devices are twice as likely to get a virus than Windows devices, but most are due to user errors, like clicking on infested links. Therefore, traders should consider it safe to trade with a Mac.

Which MacBook is best for traders?

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The MacBook Air ranks high among user preferences for casual traders, but serious traders should consider the iMac models.

Do traders use Windows or Mac?

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Most serious traders use Windows, as most trading software is still typically optimized for Windows.

Christopher Lewis
About Christopher Lewis

Christopher Lewis has been trading Forex for several years. He writes about Forex for many online publications, including his own site, aptly named The Trader Guy.