When it comes to the world of trading it can sometimes feel like Mac users have been left out. It’s almost an unwritten assumption that when it comes to trading platforms, they’re built first and foremost for Windows machines. This doesn’t mean that trading platforms don’t exist for Mac, or that they’re not any good, but it does mean you have to search that little bit harder to find them. To help, here is a list of the top 8 forex trading platforms you can find available for Mac machines.
1. MetaTrader 4 Mac
MetaTrader was originally a Windows forex trading platform that has since been converted and is now available on Mac machines as well. The great thing about MetaTrader 4 Mac is that it is multiplatform, which means that it works across Windows, Mac, smartphone and tablet devices. This means you can use the same platform whether you’re at home on your Mac, at your office on a Windows machine or trading on your iPhone while commuting. Being able to access your account from any device at any time makes this a really flexible and useful forex trading platform.
Read our complete review on ETX Capital who offer the MT4 platform for mac users.
2. Trade Interceptor Forex Trading
Trade Interceptor Forex Trading looks and feels like a native Mac application and is available on the App Store. It can run on Mac devices as well as iPads and iPhones and was built with mobile devices in mind. The native application design makes it feel more purposefully made for Mac rather than simply being ported to Mac and it’s Traders Gym’ feature which allows you to make trades based on real past data earns it a place on this list. Being able to develop and test out trading strategies and then seeing how they would have performed on real world historical data is very useful.
cTrader is useful because it comes as both an application you can download and as a web app. This means it’s supported across desktops, tablets and smartphones but you can still access it anytime you don’t have access to a Mac machine. It’s fairly feature packed and comes with a sleek, black interface which is easy on the eyes and contains everything you might need in an easily digestible format you can come back to at any time, from anywhere.
If the cTrader platform is your preferred choice, see how FXPro and Pepperstone compare, two brokers who use the cTrader platform.
4. UTIP Trading Platform
UTIP Trading Platform is not actually a Mac application, as it can be run in the browser. This means that it’s completely cross platform and you don’t need to download or install any software to use it. It’s not as feature-packed as some other trading platforms, but if you’re not a very serious trader and you’re just looking to get started, it’s an ideal platform because you don’t need to install any software to get going.
Slightly lower down on the list because it’s not technically ‘for Mac’ as it is a web trading platform, but it would be a crime to not mention MahiFX because it has a lot going for it. They offer no minimum deposit, no commission and their trading platform interface is very nicely designed. It’s a responsive design, which means that it will look good whether you use it on a desktop, tablet or smartphone.
6. Oanda fxTrade
Oanda fxTrade is a web based forex trading platform that also comes with an app on the App Store for your iPhone. With no commission fees, no account maintenance fees and being built for high volume trading, it’s an ideal solution for anyone looking to trade from anywhere at any time, whether you’re a serious big time trader or you do it for a hobby.
7. FOREXTrader PRO
FOREXTrader PRO is available for download on PCs and comes with a Mac version, though this is really an online web based forex trading platform. Nevertheless it’s backed by forex.com, a market leader in forex trading and comes with some pretty powerful features that any trader is going to want from their platform.
This one is lower down the list because it requires more technical knowledge to make it work, but it is available for Mac and runs quite well on it. It’s built using the Java programming language and it’s both flexible and extensible. This means that programmers can use it to implement their own trading strategies but you need to have Java programming experience to fully utilise this.
There’s no doubt that Mac users are left out when you compare the dearth of options available to them compared to Windows users, but there are definitely good forex trading platforms out there available for Mac users and the ones available are just as good as those on Windows.
Image credit:Synthesis Studios