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.

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.

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. 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.

Like TradingView, MotiveWave is well integrated with external brokers and can be linked to multiple brokers including Oanda, Ameritrade and Forex.

MotiveWave is very powerful and can analyze huge amounts of data for complex patters and has some nifty advanced features like Replay Mode, Advanced Alerts and Multiple Monitor Mode including for 4K displays. You can check out our full review of MotiveWave for more. ThinkTrader formerly Trade Interceptor is a professional currency trading app for Mac with advanced trading and technical analysis tools.

Using ThinkTrader to trade with these brokers is free and all are fully integrated with the native platform of each broker. You can even trade with multiple accounts and multiple brokers in one window.

The ThinkTrader app for Mac basically brings all the benefits of the ThinkTrader web trading platform to your Mac desktop without having to use your browser. ThinkTrader provides live quotes and charts of more than 60 Forex currencies as well as Gold, Oil and Silver. You can activate a useful News feed down the left hand margin to provide news in real-time for the Asian, European and American markets.

There are lots of technical analysis indicators, trend alerts and graphical tools to help you make trading decisions. You can set alarms for price drops and spikes and choose from multiple chart layouts and templates. The Mac app syncs your trading with the web platform and ThinkTrader iOS app so that you can continue trading on the move.

ThinkTrader is updated regularly, including with new features which is important for Mac users to ensure that the software continues to work with new releases of macOS. Latinum is a new professional trading and technical analysis software for Mac and PC which is focused on analysing forex and CFDs Contract for Difference.

Latinum is designed for discretionary non-automated traders and quickly enables you to determine risk, make orders quickly via a Mini Order Ticket feature and more easily manage order and positions with a Mini Blotter.

Latinum supports a wide range of chart types including Candlestick, HLC High-Low-Close , Heiken-Ashi, OHLC Open-High-Low-Close , Step, Dot, Line, Histogram, Area, Candlestick Trend, Invisible, Hollow Candlestick, HL High-Low , Colored Line and Real Body. Latinum is also very good at helping you quickly ascertain risk, execute orders and manage your positions. You can conveniently right-click on a trade to allow scaling of trades such as partial close , two-click stop-loss and take profit editing.

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.

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How to Invest Money How to Invest in ETFs How to Invest in Index Funds How to start Forex Trading How to Pick Shares How to Report a Forex Broker How to be Consistent in Forex. Apple , Inc. is renowned for the superior computer hardware that it manufactures. Mac desktop computers and MacBook are some of the most powerful, innovative, and reliable, which also makes them perfect for high-volume, face-paced trading. However, the problem faced with using a Mac to trade is the lack of trading platforms that are compatible with macOS.

SaxoTraderPRO is the proprietary trading software of Saxo Bank , which is a well-known, well-established financial specialist that offers both retail traders and professional investors a range of investment and trading products. Based in Denmark, and well-regulated by several entities, Saxo Bank has a global presence. Despite the name, Saxo Bank is not a conventional bank, but the company possesses a banking license, but the aim remains on trading and investment services.

With one single live trading account, forex traders are given access to over 35, tradable financial instruments, and the trading platform is also natively available for MacOS The functionality on the trading platform is smooth and rich, offering a large selection of trading features including being able to display across six monitors, level 2 streaming order books, streaming time and sales, algorithmic orders, and more.

The charting capabilities on the trading platform is powerful and robust. There are also subtle touches that offer an immersive experience such as countdown timers on each candle on the candlestick chart. Interactive Brokers is a large, reputable, multi-regulated US-based forex broker that offers a wide range of tradable financial instruments, and a choice between several powerful, innovative proprietary trading platforms.

One such platform is the IB Trader Workstation, or TWS, which is the flagship trading software available for download across several devices that run different operating systems, including macOS X, and other versions. TWS offers traders access to several different financial markets, in addition to allowing traders the use of customizable charts that can be viewed across different timeframes. In addition to this, traders have access to different technical analysis tools, analytical tools, more than different order types, algorithmic trading, and more.

Experienced traders and professionals also have access to professional news for fundamental analysis from Reuters, Dow Jones, Trading Central, and other trusted providers. ProTrader is a white label trading platform that was developed by PSOFT.

It stands out from most platforms on this list as they are mostly the proprietary trading platforms of brokers, apart from MetaTrader 5. ProTrader features several similarities that are shared with the likes of MetaTrader 4 and cTrader , where forex brokers can white label ProTrader and offer their services through the instance of ProTrader.

One drawback of ProTrader is that there are only a few brokers who offer it as part of their comprehensive trading solutions.

Thinkorswim is the innovative creation of TD Ameritrade , a proprietary trading platform that is available to Mac OS X TD Ameritrade is a large, reputable, and well-established investment broker and CFD and Forex trading facilitator headquartered in the United States.

It is also a prominent company that has a long, rich history with many name changes, mergers, and acquisitions, such as that of Thinkorswim in TD Ameritrade is widely known for its superior investment and trading portfolio, customer-orientated services, and powerful, innovative trading software aimed at beginner and professional traders alike.

Features that traders can expect with the Thinkorswim trading platform include useful trading tools such as a heat map that pinpoints strengths and weaknesses in the markets and market conditions. MetaTrader 5 is the creation of MetaQuotes, a reputable and popular software application designer. MetaTrader 4 is still the most popular application on the market, but following the Catalina update, support for MT4 was halted and traders had to move to other platforms such as MetaTrader 5.

MetaTrader 5 is a robust, innovative, and powerful bit application that is supported by most macOS versions. One drawback is that MetaTrader 5 is inherently designed for Windows computers, which means that traders must use PlayOnMac, which is based on WINE, to run MetaTrader 5 as it is a compatibility layer.

Apart from this, MetaTrader 5 is a popular option for MacBook users as it can also be used on other devices such as iPads and iPhones, allowing for seamless trading account integration across all devices.

MetaTrader 5 is a multi-asset and multi-functional trading platform that allows traders access to multiple broker accounts on one single platform.

Retail traders also have access to price data, the use of non-tradable assets, margin for open positions, and more. xStation 5 is the proprietary innovation from a reputable and well-established forex and CFD broker , namely XTB. xStation is well-known for its wide range of useful tools which include trading calculators, performance stats, and in-depth market analysis.

xStation also has a convenient one-click dealing system that offers traders a quick and efficient way to trade. Traders also have access to advanced charting capabilities where they can easily use market orders, stop losses, and others, on the actual chart. Apart from the robust market order depth that traders can view, there is also live performance statistics that can help traders analyse their trading performance to identify the markets in which they perform the best. In addition, xStation 5 also comes built-in with popular technical indicators such as MACD, RSI, Bollinger Bands, and more.

On this platform, traders also have the freedom to develop their own strategies, use custom templates, and save their adaptions for future use. OANDA is a large, well-established, globally recognized forex broker and forex trading platform that is headquartered in the US. OANDA specializes in the provision of forex trading while also offering corporate and institutional forex services. OANDA is technology-driven and offers innovative, robust solutions to traders from around the world.

The OANDA Trade Desktop is compatible with macOS X This proprietary trading platform has a range of technical indicators, technical analysis tools, charting tools for experts, and a simple intuitive layout that can be navigated by beginner traders.

There are 10 different chart types available on the trading platform with 32 overlays, a wide range of indicators, and several other features.

Indices Chart Stock Chart Forex Charts Cryptocurrency Chart ICO Calendar Menu. News Earnings. Get a Forex Pro on Your Side FOREX. As Seen On:. The MT4 trading software is equipped with cutting-edge technology to provide seamless forex trading conditions. Traders also have access to advanced charting capabilities where they can easily use market orders, stop losses, and others, on the actual chart. Consequently, Mac users must rely on the limited forex options, such as PlayOnMac.

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