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Many traders know that to start using MetaTrader 4 on Apple computers, it might be required to run MT4 trading terminal in a ‘virtual Windows machine’ environment. This is not always pleasing as it requires additional software expenses and efforts.
TradersTrust MT4 for Mac terminal is all that’s needed to experience a native-like enjoy when you install the MetaTrader 4 terminal – simply download TradersTrust MT4 For Mac and install it as a regular Mac app on your computer.
Due to the 64 bit nature of macOS Catalina, the MT4 platform for Mac is no longer supported as it is a 32 bit app.
We suggest (if you haven’t updated yet) to avoid updating to the macOS Catalina by:
1
Turning off Automatic Updates
On Mojave, the setting is in System Preferences >Software Update. On High Sierra and earlier, the setting is under the App Store Preferences.
2
Notifications
You will still see occasional notifications that the update is available, but you can dismiss them and continue running your current version of macOS.
If you already made the update then you could have a Time Machine backup. In the event that Catalina is installed, reverting to the previous OS will involve the assistance from Apple Support and a backup is needed to return to a working state. If you don’t already have a backup, you can find the instructions for setting one up at https://support.apple.com/en-us/HT201250
If you've already downloaded the MetaTrader 4 for Mac .dmg file – search for a file “TradersTrust MT4.dmg” at your “Downloads” folder. That’s all you need to download MetaTrader 4 for Mac. To install MT4 app on your Mac, launch it and drag the icon “TradersTrust MT4” to “Applications.”
By simply typing in “TradersTrust” you should be able to launch the program from your Applications, Launchpad, or via Spotlight. In order to have the application available faster ,after closing it you can move it around in the Dock. Later, it will be possible to launch it from there.
Tip: Most Mac computers allow installing applications downloaded from “Everywhere.” Although this option is not set as default, the majority of users choose it, so you might already have it set.
Should you have issues while installing the app, launch the downloaded app after you dragged it into applications folder, then, go to System Preferences → Security & Privacy → General tab → and select “Anywhere” in “Allow apps download from” setting.
You will understand how to use MetaTrader 4 for Mac after you read key usability tips for the application below. MT4 version for Apple Mac platform is pretty much the same as for Windows, with just a few insignificant differences.
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Hotkeys
To launch the “CMD” button function of your MT4, press the “CTRL” button on Mac.
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Automatic updates
Just like with the Windows version of the software, MT4 for Mac updates automatically. When it happens, the terminal usually shuts down without any notifications. To continue trading, just reopen the application and keep going with the updated version of it. You can check the current version of your terminal at Help → About.
Your TradersTrust MT4 for Mac allows you installing Expert Advisors (EAs), scripts, and indicators similar to it’s Windows counterpart.
For that purpose, you need to see files of the MetaTrader 4, which can be done by going to Applications, right-clicking on the TradersTrust terminal, and then clicking “Show Package Contents.”
Navigate further to “/drive_c/Program Files/Traders-Trust MetaTrader 4 Terminal/MQL4/” – there, you will see folders /Indicators or /Experts. You will see the Expert Advisor or custom indicator that are already available.
To add new indicators & EA’s to your MetaTrader 4 for Mac, place the necessary files in the respective folders (as per instructions of the respective indicator/EA/script), open or restart your MT4 Mac Terminal to have them installed.
Uninstalling TradersTrust MT4 for Mac is accomplished the same way as with any other Mac application. You need to find the app in your Applications, right-click on it, and press “Move to Trash.” Another way to do it is to simply drag and drop the app to your Dock’s Trash bin.
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How it is better than ‘virtual machine’
When trading, you want to think of currencies and rates, not of how to use your trading software. However, for long time Mac users felt alienated from trading because of the fact that one of the most popular platforms was only available for Windows. Hence, in order to make use of probably one of the most used retail trading platforms, Mac owners had to install window emulators, like Parallels, and run the app MetaTrader4 in simulated environment. Even seasoned traders felt uncomfortable, not to mention rookie ones.
The solution we offer has native installation experience that allows users to enjoy their trading without spending much time on technical issues.
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Problems with the app
No issues have been discovered connected with using MT4 on Mac. But, remember: the solution we offer operates in an emulated Windows environment. It has been tested extensively by us in order to make sure it’s safe to trade. However, to secure yourself, consider trading on a Demo account first to check if everything runs smoothly. After that, you can opt for live trading on your Mac computer.
RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, 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 trade any of these markets 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 trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.
TRADE RESPONSIBLY: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.
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