The immensely popular Apple Mac attracts more people today than ever before for its classy design and seamless user experience. Yet, while Macs are the go-to laptop of choice for many, aspiring and experienced traders may feel like trading platforms are more geared toward PC users.

In this article, we highlight some of the best trading platforms for Mac users and show you why trading on a Mac has never been easier!What type of instruments do you want to trade? How much will the broker charge you in commissions? How intuitive is the user experience on your Mac? Our guide to the Best Trading Platforms for Mac Users in 2020 will address all these questions and provide you everything you need to know to choose the right platform and start trading today. How is trading on a Mac different from trading on a PC?While the user experience on a Mac is unparalleled, it is often considered simpler to trade on a PC, mainly because of the greater compatibility with trading platforms.Today, most brokers offer web and mobile-based platforms that allow users of all operating systems to trade and benefit from functions for both beginner and intermediate traders. A web-based interface usually offers everything most trader needs, but advanced traders may seek more customization options and look toward popular desktop platforms such as MetaTrader 4 or 5 for their activities. What is MetaTrader and can I access it with my Mac?MetaTrader 4 is a desktop trading platform that offers a very wide array of analysis & charting tools, as well as several customization options.

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It is one of the world’s most popular desktop trading platforms, and many brokers (including some of the ones listed below) integrate their platform into the MT4 API to allow you to trade with them from this sophisticated desktop application.Unfortunately, MetaTrader 4 is 32-bit application that is no longer compatible with Macs that updated to OS Catalina. Older Macs that did not update can still use it, but the others will instead have to go for MetaTrader 5, the newer and 62-bit version of one of the world’s most popular desktop platforms. Some alternatives to MT4 and MT5 exist, including ProTrader and cTrader, but most of them either do not have Mac versions or do not have popular brokers offering integration with their desktop platforms.The good news is that MetaTrader4 can still be accessed on a Mac if you need, via a Windows emulator software like Wine (free) or others. In addition, several brokers (such as AvaTrade) have their own version of MetaTrader that can be imported on Mac, making the experience much simpler.

The most advanced traders may find that some functionalities are missing and may prefer to trade on a PC, but the vast majority of traders will have no problem trading from the comfort of their Mac, either via an emulator or via the brokers’ web-based trading platforms! What Criteria do we use to choose the Best Mac Trading Platforms?

Plus500 is a popular and highly reputable online trading platform provider headquartered in Israel but with subsidiaries in the UK, Singapore, South Africa, Australia, and Cyprus. It operates feature-rich trading platforms available to both Mac and PC users in easy to use web-trader platform. Here, you get to trade a full range of financial instruments (Forex, Stocks in most major markets, ETFs, Commodities, Cryptocurrencies) in the form of CFDs.Plus500 is specially designed to suit the needs of the expert trader by integrating both its web and mobile trading platforms with a host of technical analysis tools. In addition, there is a free demo account where one can try and perfect their strategy.The fee structure of Plus500 is extremely transparent, with no commissions on trades, no deposit and withdrawal fees, variable but highly competitive spreads and a standard suite of fees for overnight positions, guaranteed stop-loss orders, and currency conversion tool in your account.Opening an account with Plus500 is easy and straightforward, with a process fully online and a low minimum deposit. Mac or PC user, you will be set up to trade in less than a day.While Plus500 offers little in the way of trader education tools and has fewer customization options than some of its peers, you can easily set up notifications when prices or sentiment (ratio of buyers to sellers) change for instruments on your watchlist.

The platform also offers great charting tools & a neat economic calendar to see upcoming macro events. Libertex is a large Forex and CFD broker based in Cyprus, with over 2 million users around the world. High price definition.

Its trading platform is intuitive and web-based, making it accessible for both Mac and PC users. A well-designed mobile app will also help you keep track of your positions and trade on the go.Libertex offers CFDs for hundreds of instruments, from popular Stocks, Indices and ETFs to Commodities, popular Cryptocurrencies and a wide range of Forex pairs. The platform allows retail traders to leverage their positions up to 30:1 with varying conditions, and can offer up to 600:1 leverage to professional clients.Unlike many of its peers, Libertex does not charge spreads, charging commissions instead (ranging from 0.03%–1% for most non-levered trades). Beginners can start trading with a free demo account before deciding to trade with their own money.Advanced traders and Mac users that installed the MetaTrader 4 platform via an emulator (or that access it from the web) can also benefit from the integrated Libertex tool and access the large amount of customization MT4 provides. While customization on the Libertex platform is limited, it offers useful charting and analysis tools with a useful embedded newsfeed to get trading signals from selected websites.New Mac traders will greatly benefit from the simplicity of the Libertex platform while more experienced ones will enjoy the powerful integration with MetaTrader 4 for all the customization it offers. AvaTrade is specialized in Forex trading, CFDs and Cryptocurrencies, offering thousands of instruments (including major currency pairs & cryptocurrencies) to choose from. As one of the oldest online brokerages, AvaTrade today is one of the most regulated platforms (licensed in Europe & UK, Australia, Japan and South Africa) despite not being available in the USA.Its high growth and popularity among retail traders, PC and Mac users alike, has led it to announce a major partnership with Premier League team Manchester City, a clear sign of its status as one of the most successful online trading platforms.AvaTrade’s platform is easy to use and accessible online for Mac users, with a mobile app to complement it.

Investous is a relatively new Forex, Cryptocurrencies & CFDs broker that opened in 2018 and is based in Cyprus. It offers a custom Forex trading platform and integration into the popular MetaTrader 4 platform (and its mobile version) for more advanced users, but does not have its own mobile app. Forex.com is one of the oldest and most reputable brokers for Forex, with over 80 currency pairs available, and thousands of other instruments (Stocks, Indices, Cryptocurrencies, Commodities) mainly via CFDs.

Forex.com is the largest Forex broker in the US and one of the largest brokers on MetaTrader. Its parent company, GCAP, is listed on the NYSE, and Forex.com is licensed in the US, the UK and the EU (except Belgium).Beginner and experienced Mac traders will be delighted at the range of trading platforms Forex.com offers, from its own web-based (Mac & Windows), desktop (Windows-only) and mobile platform to its integrated platform in MetaTrader 4 and 5.

Its own web-based platform is very well-designed, offers a myriad of analysis & charting tools, and is fully optimized for Forex trading.The research & market updates, notification options, economic calendar and the excellent mobile app will make your trading experience seamless. In addition, Forex.com offers an extensive library of trader education resources, including courses and videos for traders of all levels.New traders who wish to get a feel for trading without using their money right away have access to a free demo account. Otherwise, Forex.com offers 3 types of accounts: Standard (traditional spread pricing, available on their own platform or MetaTrader), Commission (very narrow spreads and commissions on trades) and Direct Market Access (professional account reserved to traders with multimillion-dollar monthly trade volumes).Mac users, be they amateur traders or Forex specialists will love the trading experience on Forex.com! For Mac and PC users alike, eToro has become one of the most popular online trading platforms in Europe, with over 5 million users and thousands of financial instruments (stocks, ETFs, Cryptocurrencies, Commodities etc.) for you to trade.eToro has been around in Europe since 2007 and has recently developed its activities in the United States. In the USA however, eToro currently only offers cryptocurrencies, but a much larger offering covering stock trading is planned for 2020.eToro is very easy to use, with a social media-like interface and a well-designed mobile app.

Signing up is fast, customer service is very responsive, and the platform offers the option to sign up for a free demo account to practice paper trading before deciding to use your money.A unique feature of the eToro experience is the social dimension of the platform, allowing users to follow others and place “CopyTrades” to replicate the future performance of other traders. You can browse the past performance and the risk profile of other traders, decide which (if any) of them you wish to emulate, and use the CopyTrader function to trade alongside them. Disclaimer: Transacting in Forex, CFDs and virtual currencies is subject to various risks, such as price volatility, and is therefore not suitable for everyone. Your capital is at risk.

In the USA, eToro currently offers only Crypto (not CFDs) so you may not buy with leverage, stocks & other instruments are expected later this year. Summary – Choosing a Trading Platform for Mac UsersAmong the dozens of web-based and desktop trading platforms accessible for Mac users, we reviewed some of the best for beginners and advanced traders alike. From ease of use, number of traded instruments, fees and customization tools, we addressed in this guide the main questions you may have to decide which platforms to choose and use on a Mac.For more information on how to choose a trading platform, including eligibility requirements, regulatory considerations and other specific issues, have a look at the “What to Consider When Choosing a Trading Platform?” from our more general guide! Copyright © 2020 Learnbonds.comWARNING: The content on this site should not be considered investment advice. Investing is speculative. When investing your capital is at risk.

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