When approaching the forex market, traders must use reliable platforms that provide the capability, flexibility, and analytical power needed to develop individual forex strategies. One of the best-known platforms in the market is the MetaTrader 4 (MT4) solution, and Mac users can download a version of this platform that is optimised for Apple’s hardware and operating system.
Read on to discover more about Metatrader 4 for Mac, including a rundown of some of the platform’s advantages. We’ll also look at how to download and install MT4 on Mac with your VT Markets account.
Why choose MetaTrader 4 for your Mac? Traders choose MT4 as their ideal forex platform for many different reasons. MT4 is a good choice for traders across all backgrounds and styles, from short-term day traders to those opening longer-term positions.
There are many different traders out there, each with their own market objectives and trading styles. This means the best trading platforms must reflect this, offering their users a diverse array of options. MetaTrader 4 is a great choice in this department, allowing individuals to build a strategy that suits their needs.
Whether you want to open swing positions over multiple days or execute trades on a short-term basis, MetaTrader 4 can support this. Unlike other platforms on the market, there are no restrictions and limitations on the trades you can make via MT4 on your Mac device. If your strategy involves scalping — i.e., executing a large number of ultra-short-term trades with an extremely high frequency — you will be able to do this too. These trades have very tight margins, which means stop loss and take profit tools will be placed with great precision. When you use MT4 to execute trades, precise placement is straightforward.
Here at VT Markets, we want to give our users the best possible experience when they use MetaTrader4’s Mac platform. To achieve this, we offer narrow spreads to traders when they open positions on MT4. These spreads can be as tight as 0 pips in some cases.
The spread is the difference between a forex pair’s buying and selling price. This is critical for traders, as it represents the price you will have to pay to open your position. So, the narrower the spread, the better the deal for you when you trade. We monitor these spreads closely and always endeavour to offer industry-leading service to our users.
The forex market moves rapidly, so your chosen trading platform needs to be up to the task. You have to be able to analyse the market in real-time, assessing the latest movements, predicting upcoming shifts, and deciding on the best course of action for your strategy. MetaTrader 4 supports this, utilising your Mac device’s and the platform’s swift capabilities.
Of course, this is only possible when the platform is backed up with reliable servers. At VT Markets, we use trading servers situated right in the heart of the trading action in the financial centres of London and New York. This helps VT Markets users leverage the latest trading insights and execute actions without latency.
To link up with these services, we deploy fibre-optic connectivity solutions from our partners at Equinix, creating a network that users can rely on even when trading volumes begin to rise at key points throughout the day. Incorporating the Metatrader 4 download on Mac and VT Markets servers into your strategy results in a slick and highly responsive experience when you trade.
This is important to traders of all styles, but it’s vital for anyone adopting a short-term day trading or a scalping strategy. If you use this lightning-quick approach, the smallest pip movements over just a few minutes — or even just a few seconds — can make or break the trade. Waiting for the market dashboard to update or working with out-of-date forex data is unacceptable. Instead, you need to leverage the real-time trading advantages MetaTrader 4 provides.
If you are using the MetaTrader 4 platform to learn forex trading techniques, downloading the MT4 demo account to your Mac is a perfect choice. With this demo version of the platform, you will still have access to all of the tools, indicators, features and capabilities of the full trading platform, giving yourself a chance to learn the ropes of how forex trading works and how to get the best from the solution. There’s just one difference — it’s totally risk-free.
On the demo account, you will not need to put forward any of your own capital to trade with. You will not have to add any funding methods to your account or keep your account topped up during use. Essentially, you are going through the motions of trading, exploring the market and platform with no potential for profit but with no risk.
Once you are more comfortable with trading via MT4 on your Mac, you can start using a live account and begin making trades and opening positions for real. Bear in mind that there are no guarantees in trading, and there is always a potential risk when opening live positions.
More advanced traders need to be able to draw upon a wealth of different market indicators and technical analysis features. While these features don’t offer any certainties, they are useful for traders as they seek to build a careful, considered, data-driven forex strategy. Choose from various indicators — such as Relative Strength Index (RSI), Bollinger Bands, and Moving Averages (MA) — as you gain more insight into market movements.
Traders can also utilise features like MT4 Expert Advisors to automate some aspects of their strategy. Again, this does not guarantee a profit, but it may make it easier for traders to remain within their pre-defined strategy.
Large amounts of money change hands on the foreign exchange market every trading day. With such a high volume of transactions, security is paramount. Traders need to know that the platform they choose offers robust security they can rely on. MetaTrader 4 utilises 129-bit key encryption and trader IP masking so that you can confidently use the platform. MT4’s security is enhanced further by the Mac device and OS — Apple has made safety and security key to its brand and product identity.
Stability is also crucial. As a trader, you need to know that your chosen platform is there for you when you need it. Again, the pairing of MetaTrader 4 software and Apple’s Mac devices ensures this.
How do you install the Mac version of MetaTrader 4? To begin, you’ll need to sign up for an account with VT Markets.
With your account now set up, you’ll need to download MetaTrader 4 for your Mac device.
Whether you are just starting out with forex trading or already have considerable experience, VT Markets can help you take those all-important next steps on your journey.
We provide several platforms and tools to help you build your strategy, including the Acme MetaTrader 4 platform on the Mac. Set up a demo account to grow your understanding of the platform in a risk-free environment, and then begin making trades for real with a live account. Interested in learning more about trading with VT Markets and MT4? Reach out to our team today.