Feb 01, 2012 Download MetaTrader 4 Forex Trading and enjoy it on your iPhone, iPad, and iPod touch. Connect to hundreds of brokers and trade on currency markets from the MetaTrader 4 for iPhone or iPad! The mobile trading platform allows you to perform trading operations and analyze currency quotes using technical indicators and graphical objects. MetaTrader 4 for Mac OS X is an extremely popular version of MT4 that contains all the best program’s features, including financial analytics, trade robots, charts, notifications and much more! To run MetaTrader 4 on Mac OS you will definitely need to install the tool on your Mac.
The client terminal can be installed and run on computers with Mac OS using Wine. Wine is a free software that allows users of the Unix-based systems to run an application developed for the Microsoft Windows systems. Among all the Wine versions there is one for Mac OS.
Note that Wine is not a fully stable application. Thus, some functions in the applications you start under it may work improperly or not work at all. |
For the installation on Mac OS we recommend to use the free application PlayOnMac. PlayOnMac is a Wine-based software for easy installation of Windows applications on Mac OS.
PlayOnMac Installation
To install PlayOnMac, open the product's official web site, move to Downloads section and click the link for downloading the latest version.
After downloading the DMG package, launch it from Downloads section of your system:
PlayOnMac first launch window will appear. After clicking 'Next', the installer will start checking and installing the various components necessary for work.
The first necessary component is XQuartz. This is a software for using X Window System on Mac OS. X Window System provides standard tools and protocols for building the graphical user interface in Unix-like OS.
If you have already installed XQuartz or want to install it later, select 'Don't install XQuartz for the moment' or 'I've downloaded file by myself', respectively.
XQuartz installation is performed in several stages. First of all, you should read the important information (Read Me) and accept the license conditions.
Before the installation, Mac OS security system will ask you to enter your account's password:
Wait for the installation to complete. For changes to take effect, you should restart your PC.
After restarting the system, launch PlayOnMac again from the setup file in Downloads folder. The first launch window will appear again. This time, the installer will offer to install MS Windows fonts necessary for correct operation.
Accept the license agreement conditions and wait till the installation is complete. After that, PlayOnMac is ready for use. Its main window will appear:
Updating Wine
Wine v. 1.4 is installed together with PlayOnMac. Wine 1.4.1 is the latest stable version at the moment. Wine 1.5.21 beta release containing many improvements is also available for download. However, it may be less stable. It is recommended to install the latest version of Wine.
To upgrade Wine to the latest version, open PlayOnMac upper menu and select Manage Wine Versions:
The window with Wine versions available for installation will open. Select the latest version (1.5.21 at the moment).
Move the latest Wine version to the right side of the window. The installation will start.
After the installation is complete, the new version of Wine will appear in the left part of PlayOnMac Wine versions manager window. You can then close the window and install the trading terminal.
Terminal Installation
To install the terminal, download the installer 'mt4setup.exe'. After the download is complete, launch the setup file. PlayOnMac will be used automatically to open it.
The standard terminal installation process with all its stages will start:
When the installation is complete, PlayOnMac will offer you to create the shortcuts for the terminal components - the client terminal itself and MetaEditor:
After creating the necessary shortcuts, you can start using the client terminal. Double click on it in PlayOnMac window to launch the terminal.
Known Issues
As was already mentioned above, Wine is not a completely stable software. Thus, some functions of the terminal may work improperly. Currently the following issues are discovered:
- Market is unavailable
Except for the above problem, you can enjoy all the features of the client terminal on Mac OS.
Terminal Data Directory
PlayOnMac creates a separate virtual logical drive with necessary environment for each installed program. The default path of the installed terminal's data folder is as follows:
LibraryPlayOnMacWinePrefixClient_Terminal_DriveCProgramFilesClient Terminal |
Featured Forex Broker: FOREX.com
MetaTrader 4 is one of the most popular forex trading platforms available, but the experience is a little different for Mac users. MetaTrader was built for use with the Unix operating system, which is primarily used for Windows and PCs. For top functionality, MetaTrader should be used on the Unix system, but that doesn’t mean Mac and Linux users are completely shut off from the platform.
You’ll need to do a little extra legwork and find a broker that supports MetaTrader for Mac.
Some popular forex brokers like OANDA don’t supply MetaTrader for Mac operating systems, so a careful review is needed before making a brokerage selection. However, there is a way around this operating requirement, as long as you sacrifice a little performance.
Quick Look: The Best MetaTrader 4 Mac Platforms and Brokers
- Best Overall: FOREX.com – Open an account
- Admiral Markets
- XM
Is MetaTrader 4 Different on a Mac?
Since MetaTrader was designed for the Unix operating system, you’ll have to jump through a few hoops to get it on a Mac, especially in the United States, where Mac-supporting forex brokers are scarce. Quake for mac download. Additionally, some features might be unavailable depending on the brokerage you’re using, so practice with a demo account even if you’re familiar with the platform.
To install MetaTrader 4 on your Mac, you’ll need to get a program called PlayOnMac. https://mmonew275.weebly.com/blog/games-like-maplestory-for-mac. PlayOnMac uses software called Wine to import Unix-based programs to other operating systems like macOS and Linux. Instead of emulating Windows like other software, Wine translates code in real time and eliminates most performance drag.
After you download PlayOnMac, you’ll need to install a few other components as well. One of these is XQuartz, which adds important Windows-based tools to your Mac. Accept a few license agreements to complete the XQuartz installation and then restart your computer. After that, PlayOnMac is ready to go.
Before you use MetaTrader on your Mac, you’ll need to make sure PlayOnMac is complete with the latest version of the Wine software. According to MetaTrader’s online user guide, Wine 1.4.1 is currently the best working version of the software, but a beta version 1.5.21 is available too.
The beta version could be unstable, though, so Wine 1.4.1 is preferred at the moment. Once you confirm that Wine 1.4.1 is installed with PlayOnMac, you’re ready to install the MetaTrader 4 platform (which happens to be one of the most powerful forex trading apps on the planet).
In addition to PlayOnMac, Parallels is a program that allows Mac users to run the Windows operating system. You can use your Mac with Parallels to open an account with any number of forex brokers based in the United States. Parallelsisn’t officially recommended by MetaQuotes Software, MetaTrader’s development company, but it’s still a useful option for getting Windows onto your Mac.
What’s Different?
Your MetaTrader 4 experience on the Mac operating system may vary depending on the broker you use. Many brokers have their own process to follow when installing the platform on non-Windows systems and some features could be inaccessible.
Features like the Market are often victims of this conversion problem, which makes it more difficult to acquire new Expert Advisors and robots. Thankfully, most online forex brokers often demo accounts for practice trading. If you’re unsure about the stability of the program, try it out on the demo account first.
What to Look for in a Brokerage that Supports MT4 on a Mac
What do you want out of a broker when trading with MetaTrader on Mac? The same things you should want with every forex broker! Obviously, compatibility Prisma for mac. is the biggest concern.
If you can’t use the platform, it doesn’t really matter what the commissions are. Once you’ve rounded up a list of acceptable places, make sure they meet the following criteria:
- Low spreads: Currency spreads are similar to spreads on stocks, where there’s a slight difference between the ask and bid prices. “Ask” means “sell” and it’s always higher than the “bid,” which means “buy.” This difference is measured in pips (the currency price out to the fourth decimal) and is the cost of doing business at a brokerage.
- Many currency pairs to trade: The best forex brokers usually have upward of 60 to 70 forex pairs available to trade. Just make sure all the major pairs are present in the selections.
- Regulation: The forex market is like the Wild West of commerce, where rules are lax and leverage ramps up. Most reputable brokers have a relationship with some sort of international regulatory body.
- High margins: The best margin rates available to United States customers are 2% or 50:1 leverage. Make sure your broker offers 2% on at least the big pairs involving USD and EUR.
Best MT4 Brokers and Platforms to Run on a Mac
Many international brokers like XTB, XM and VantageFX have Mac-compatible versions of MetaTrader 4 available. https://mmonew275.weebly.com/blog/audible-for-mac.
However, United States customers are unable to open accounts at these brokers. Some U.S. firms have gotten around this problem by using browser versions, but thankfully there are multiple ways of getting MetaTrader on your Mac thanks to Wine and Parallels.
Metatrader 4 For Macbook Air
Commissions
Spreads start as low as $1But vary based on trading volume
Best For
- Forex traders located in the United States
- MetaTrader 4 users
- Beginner forex traders
- Active forex traders
Best Overall: FOREX.com
Metatrader 4 For Mac Version
Mac users can benefit from the MetaTrader 4 Web platform offered by FOREX.com.
It allows you to use the software over your web browser, which means you don’t need to download Parallels or Wine.
First, create and confirm your account with FOREX.com, then click over to the Download MT4 page.
Here, you’ll see two options: MetaTrader 4 for Windows and MetaTrader 4 for the web. MetaTrader 4 for the web will take you to the browser version of the software, where you can enter your username and password to log on.
Don’t want to open an account just yet? You can create a demo account from this screen as well.
FOREX.com prides itself on low spreads, accurate pricing and great margin requirements. Account holders can trade pairs like USD/CAD, EUR/USD, and EUR/CAD at 50:1 leverage, the most allowed by United States law.
Best For
- Beginners
- Cost-conscious traders
- Traders who keep a low account balance
OANDA
OANDA is one of the most-used forex brokers in the United States. Unfortunately, there’s no dedicated application for MT4 on Mac, so you’ll need to use Parallels or PlayOnMac + Wine to use the platform. Note that U.S. traders are banned from using hedging capabilities on MetaTrader.
OANDA has 71 different currency pairs available to trade and five of them can be traded on 2% margin.
Both spread and commission account types are available and the commission is $5 per every 100,000 units (plus the reduced spread). Demo accounts are also available if you’d like to practice for a bit.
Both account styles have no minimums and there’s no minimum trade value at OANDA, either.
There’s also a great collection of resources to learn about forex, CFDs and other types of markets.
Admiral Markets
Though it’s not available to U.S.-based traders, Admiral Markets is one of the most complete forex and CFD brokers you’ll find today. Admiral Markets runs both MetaTrader 4 and 5 (along with their own platforms) and aims to make its customers as comfortable as possible. Mac users will be happy to hear that Admiral Markets has its own MT4 application for Mac OS.
You can find installation instructions on the website, but note that like Wine, there’s no promise of complete stability. Admiral Markets does not recommend using auto-mode Expert Advisors to maintain the integrity of the platform (unless you use Parallels).
Admiral Markets is a U.K.-based broker regulated by four different international entities. Professional forex traders can get leverage as high as 500:1, but retail traders are limited to 30:1 on major pairs (EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD) and 20:1 on all other pairs. CFDs are available at 20:1 and 10:1 leverage, but note that 83% of retail traders lose money on CFDs.
Download Metatrader 4 For Mac
XM
XM is a subsidiary of Trading Point Group, an FCA-regulated firm available in over 100 countries. Unfortunately, the United States is not one of these countries, but the platform does provide a dedicated MetaTrader for Mac program.
According to XM, the MetaTrader 4 for Mac application loses no functionality and remains as high-powered as it does on Windows. Full access to Expert Advisors is available, along with one-click trading, hedging and technical analysis tools. You can also find instructions for downloading the application.
Metatrader 4
XM offers leverage of 100:1 on major pairs for MetaTrader 4 users and 55 different pairs are available to trade. Two of the three different account types offered by XM are commission-free and all of them allow 200 different positions to be open at once.
Final Thoughts
Getting MetaTrader 4 to work properly on a Mac can be a tricky proposition. Brokers with compatible MT4 for Mac applications all operate outside U.S. jurisdiction, so American traders with Macs need Wine or Parallels to make installation possible.
Metatrader 4 Demo For Mac
Even European brokers like XM and Admiral Markets can’t promise a flawless experience with their MT4 for Mac applications. If you really want the full power of MetaTrader 4, your best bet is to simply get a computer with a Windows operating system.
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