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MetaTrader 4 platform for Mac OS

Apple products have become very popular. MetaQuotes Software Corp. has already released the special mobile applications for iOS-based devices - MetaTrader 4 for iPhone and MetaTrader 5 for iPhone.

Below you can find the article on how to use MetaTrader 4 in Apple's popular Mac OS operating system.

Installing Wine on Mac OS

Wine is a free program that allows users to run an application developed for the Windows systems. Among all the Wine versions there is one for Mac OS.

Note that Wine is not a fully stable and reliable application. It means that some functions in the applications you run under it may not work properly.

For installation on Mac OS we recommend you use the free application PlayOnMac. PlayOnMac is a Wine-based software for easy installation of Windows applications on Mac OS.

PlayOnMac Installation

To install PlayOnMac, open the product's official web site at www.playonmac.com, go to the Downloads section and click the link to download the latest version.

Having downloaded the DMG package, run it from Downloads section of your system:

After that, the PlayOnMac first-launch window will appear. Click "Next" to start checking and installing the various components.

The first of the components is XQuartz. This is a program for using X Window System on Mac OS. X Window System provides standard tools and protocols supporting the graphical user interface in Unix-like OS.

If you have already had XQuartz installed or decided to postpone the installation, click "Don't install XQuartz for the moment" or "I've downloaded file by myself", respectively.

XQuartz is installed in several stages. First, you should read the important information (Read Me) and accept the licence conditions.

Before the installation starts, Mac OS security system will ask your account's password:

Having completed the installation, you should restart your PC for the changes to take effect.

After rebooting the system, run PlayOnMac again from the setup file in Downloads folder. This time, the program will offer to install the Windows fonts necessary for correct operation.

Agree to the licence agreement conditions and wait till the installation is complete. After the installation, you will see the main window of PlayOnMac. It is ready for use.

Updating Wine

Wine v. 1.4 is installed together with PlayOnMac. Wine 1.4.1 is the latest stable version. Wine 1.5.21 beta release containing many improvements is also available for download. However, it may be less reliable. It is recommended that you install the latest version of Wine.

To upgrade Wine to the latest version, select "Manage Wine Versions" from the PlayOnMac upper menu:

You will see the window with the Wine versions available. Select the latest version.

Move the selected Wine version to the right side of the window. After that, the installation procedure will start.

After the installation is complete, you will see the new version of Wine in the left part of PlayOnMac "Wine versions manager" window. Close this window and start installing the MetaTrader 4 trading platform.

MetaTrader 4 Installation

To install MetaTrader 4, use the direct link mt4setup.exe.

Once downloaded, run the setup file. PlayOnMac will automatically open it.

After that, the standard platform installation process with all its stages will start:

After completing the installation, PlayOnMac will offer you to create the shortcuts for MetaTrader 4 terminal components - the client terminal and integrated “MetaEditor” MQL-editor:

After creating the shortcuts, you can start using MetaTrader 4. To launch the platform, double-click on it in PlayOnMac window.

The screenshot below shows MetaTrader 4 platform on Mac OS:

Known Issues

As has been already mentioned above, Wine is not completely stable. Therefore, some functions of the MetaTrader 4 platform may not work properly. The following issues are currently known:

News is not displayed, in case it contains Unicode symbols. News in English is displayed correctly.

Except for this problem, you can enjoy all the features of MetaTrader 4 on Mac OS.

MetaTrader 4 Data Directory

PlayOnMac creates a separate virtual logical drive with necessary environment for each installed program. The default path of the installed platform's data folder is as follows:

Library\PlayOnMac\WinePrefix\MetaTrader_4_\Drive C\Program Files\MetaTrader 4

Conclusion

There are a lot of applications which allow you to run Windows-based programs under Mac OS operating system, but most of them are commercial. This article describes one of the fastest and easiest ways to launch the most popular application for Forex trading in Mac OS. Traders have access to the main functions of the platform, which can help successful trading.


Risk Warning
There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss. When trading, you must always take into consideration your level of experience. If the risks involved seem unclear to you, please seek independent advice.
Risk Warning and Disclosure.