Day traders may be excited to learn that there are multiple ways of running MetaTrader4 (MT4) on macOS Catalina (and lower).
Through bridging technological deficiencies between incompatible software applications, traders can make use of the following external solutions shared below to enjoy the features, versatility, and advantages that stem from using MT4.
To learn about these solutions, as well as how to overcome macOS Catalina support hurdles, we invite you to continue reading our how-to guide on how to run MT4 on macOS Catalina while learning about noteworthy alternatives along the way.
🥳 It happened, first brokers started rolling out their versions of MetaTrader 4 & 5 for mac OS Catalina & Big Sur.
MT4/5 Download (fixed broker version):
Considered a spiritual mate of the Winebottler solution, Crossover MT4 employs the same set of scripts and tricks that are accompanied by emulations, which most importantly make this method compatible with the 64-bit macOS Catalina.
Two downsides regarding Crossover MetaTrader4 would be that it is not a cost-free solution, with licensing costs ranging between $10 to $30 (unless your broker pre-paid for licensing to the developer) while, as a whole, the solution is supported only by a rare selection of brokers.
For users with macOS Catalina or below, to use MT4 for mac via Crossover your forex broker should provide you access with a ready-to-download installer that has been cleared out through an Apple emulation license (although there can be discrepancies to the adherence of this rule).
Despite Apple’s historical transition to 64-bit nearly two years ago, it is still disappointing that Crossover MetaTrader4 for macOS Catalina is not fully embraced while hassle-free support is provided via Wine.
To simplify matters for you, we’ve prepared a list of macOS 64-bit MetaTrader4/5 compatible brokers below:
The list still pending….
In the meantime, feel free to reach out for help with a custom solution that uses this method.
Should you stumble upon difficulties when attempting to run MT4 on your Mac we invite you to reach out and connect with us via a website form.
As a whole, Crossover is one of the most user-friendly and optimal solutions for bridging the technological gap between macOS Catalina and MetaTrader4.
*The exception to this rule is when installing a service pack or upgrade, in which case you may need to manually select “the bottle” that contains the software to upgrade.
While switching to Windows operating system may appear like a no-brainer, there are reasons behind why this option may not appeal to some traders such as how there is no reason to replace a perfectly functioning computer or how it may boil down to a matter of preference to macOS loyalists.
Fortunately, Bootcamp bridges that technological and psychological gap.
Operating as a proprietary multi-boot utility, Bootcamp enables macOS users to install Microsoft Windows operating systems on Intel-based macOS.
Parallels provide a cross-platform solution that enables macOS users to simultaneously run both Windows and Mac OS at an annual subscription cost.
Dubbed as a user-friendly solution, Parallels integrates the Windows operating system with the Mac operating system and includes over 30 utilities for dual integration.
Minimum licensing fees start at $79.99 per year for new licenses while license upgrades for previously existing systems start at $49.99.
Operating as the open-source Wine project, PlayOnMac renders a free compatibility interface which enables macOS to run Windows programs without the need of a Windows license.
It should be noted that during installation, PlayOnMac Wizard installs an additional component known as XQuartz (a software tool that enables X Window System compatibility) while there is said to be no degradation in the performance of PlayOnMac over time.
Launching PlayOnMac will enable users to install the Windows fonts required for MetaTrader4.
From there, users may click on Install Software while choosing their broker’s MT4 installation file where it will be housed in a virtual logical drive on PlayOnMac.
WineBottler is considered as one of the most versatile and simplistic software solutions which enable the macOS to run a host of Windows applications.
Utilizing the core features of Wine, WineBottler does not require the user of emulators nor designated operating systems while the installation process is as seamless as the application itself.
Noteworthy Alternatives to Run MT4 on macOS Catalina
Shared below are a couple of noteworthy methods that traders can employ to run MetaTrader4 on macOS Catalina.
Using a broker’s Cloud iteration of MetaTrader4 is widely considered one of the easiest methods of using MetaTrader4 on macOS Catalina.
By using a broker’s Cloud version, traders aren’t required to purchase, download, and install applications onto their Macs while utilizing this alternative simply requires access to a web browser, which is already required for trading.
As a whole, most forex trading platforms support a web-based version of MetaTrader4.
Using a Virtual Private Server not only enables traders to execute trades faster with minimized interruptions but also provides them the ability to employ MT4 in the cloud.
After subscribing to a monthly or annual VPS service, traders can then utilize a remote desktop software (like Zoho Assist or LogMeIn) where they can remotely connect to MetaTrader4.
You may employ these steps to run MT4 on macOS Catalina
Should you have any questions or run into any issues while employing any of the solutions shared above we invite you to reach out and connect with us.
Team of Elite CurrenSea