Forex Trading on an Apple Mac Computer
Can we trade on an Apple Mac Computer?
Trading Software for the Apple Mac or iMac is unfortunately scarce.
Due to the fact that most traders are using normal PC's for trading, many software companies decided it is not worth it to invest in the development of software for the Apple line of computers.
This fortunately does not exclude you, as the proud owner of a Mac or iMac computer, from trading on the foreign exchange markets!
I did some research and received several suggestions / solutions for trading on an Apple Mac computer.
You will have to evaluate them and decide which is the best and most cost effective solution for your situation.
1. Java based software
There is Java based software available which will run in an internet browser type of program. There is no need to install anything and the computer will download the software every time you wants to run it. It is a small download.
Positive: No changes are made to your computer when you run this software.
Negative: The graphs are limited in the number of available indicators. In my opinion this is not the ideal solution for professional trading.
2. Windows Virtual Machine
There are programs available which will enable you to run Windows type of programs on a Mac.
It can be used to run Metatrader on a Mac.
2.1 Parallels Desktop: http://www.parallels.com/products/desktop/
Cost: $79.99 (A Free trial is available)
Parallels is available at many shops and this sits like an open window on the mac and allows you to install windows and so any windows application. It is quite superb. It takes approximately 1 minute to load but then is minimized ready to go.
Parallels Desktop for Mac is the most tested, trusted and talked-about solution for running Windows applications on your Mac.
Negative: You may need to buy and install Windows as well.
2.2 CodeWeavers - http://www.codeweavers.com/via/MetaTrader4
Cost: $29.96 (A Free trial is available)
Run MetaTrader 4 on Mac and Linux Today!
So you have spent a significant amount of time (and as you know, time is money-thanks Benjamin Franklin) searching the internet looking for an online software program or electronic trading platform, like MetaTrader 4, for your Mac or Linux system. A program that is widely used by online Forex speculative traders as well as CFD and futures trading. And yet you still have not stumbled across anything that compares to MetaTrader 4.
In order to trade in the financial market, you need a program that allows you to analyze quotes, make trades and develop strategies. You also need to control trading accounts by using some kind of mobile device. All, which you know, can be handled by MetaTrader 4. If only you could running MetaTrader 4 on your Mac or Linux system was as easy as ringing a bell.
Ding! Ding! Ding! It is, with CrossOver!
CrossOver allows you to run Windows software, such as MetaTrader 4 on your Mac or Linux system without rebooting, without a virtual machine, without running Windows and BEST of all, without buying a Windows license!
Take a moment to learn how to install MetaTrader 4 on Mac with our instructional video. After you have watched the video, download a free CrossOver trial. When the trial expires, be sure to come back and purchase CrossOver at a discounted rate.
What is the difference between CrossOver Standard and CrossOver Bundle?
If all you are looking to run on Mac or Linux system is MetaTrader 4, CrossOver Standard is all you are going to need. If you are interested in running Windows games as well as Windows office applications on Mac or Linux CrossOver Bundle is for you!
For more information on the difference between CrossOver Standard and CrossOver Bundle click here.
2.3 Winebottler: http://winebottler.kronenberg.org/
Cost: Free (Donation)
Installing “wine” and running metatrader on it is actually pretty good. It uses a lot less resources than running fusion.
Install the following app :
2.4 PlayOnMac: https://www.playonmac.com/en
PlayOnMac is free software that allows you to easily install and use numerous games and software designed to work on Microsoft® Windows®.
The file size is 215 Mb
2.6 Virtual Box
3. Other options:
3.1. Install windows on the Mac, using dual boot (one for Mac and one for windows). That can be done using the "Boot Camp" utility that comes with Mac.
Reference the following article,
3.4. List of software that can help running windows applications on Mac
* Did you find this article usefull?
** Please send me information on any related software that may help!
Johan van As
Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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