Trading Platform For Mac UK 2024 – Cheapest Platforms Revealed

If you’re looking to get into trading as a mac user or a current trader who just got a mac as their main computer, then it’s important that you find the right platform for you. Although being a solid device, the mac doesn’t share the same widespread compatibility as Windows computers.

In this guide, we’ll try to find the suitable trading platform for mac as well as forex trading platform for mac in the UK.

Trading Platforms for Mac UK List

There’s a handful of trading brokers in the UK that have mac-compatible platforms. Below is a list of our picks of trading platforms for mac, futures trading platforms for mac, stock trading platforms for mac, and forex trading platforms for mac.

1. AvaTrade
   
2. XTB

Trading Platforms for Mac UK Reviewed

There’s plenty to consider when finding your trading platform for mac.

After reviewing several trading platforms, we have pinpointed picks and have featured them in our review below.

1. Avatrade

Founded in 2006, Avatrade considers itself to be a pioneering broker. With all the platforms that Avatrade has integrated into its system, you can see why they aim to bring the next generation of trading software and systems to its users. They have over 300,000 registered traders around the globe and 3 million trades executed per month,

Avatrade doesn’t skimp out on the trading tools either. In fact, the 15-year old broker might be a suitable option for experienced traders as they also offer trading of options and futures on some financial instruments. It could be considered a futures trading platform for mac.

Although a lot of the complicated tools and high leverage options might make Avatrade seems to daunt for beginners, the platform actually invites new traders on the site as well. They have excellent customer support who often call or email new users and send them educational content based on their trading skill level.

AvaTrade offers a leverage ratio of 400:1 on currency pairs and reasonable tight spreads from 0.9 pips. They are a regulated online broker that offers CFD trading online, being regulated in every region they operate.

Avatrade fees:

Sponsored ad. Your capital is at risk

2.XTB

A popular trading platform for stocks, currencies, and commodities that accepts a variety of assets is called XTB Broker in Europe. The platform has been accessible for more than 15 years and has more than 400,000 subscribers globally.

XTB provides more than 2100 trading instruments in total. This makes it a tempting choice for anyone wishing to diversify their portfolio and increase their market exposure. Additionally, XTB promises reasonable spreads and charges. Those who maintain positions after the market closes are subject to overnight costs according to the website.

A member of XTB can use a range of educational tools if they are brand-new to trading. There are also a ton of tutorials and a whole trading academy available. On XTB, users may also get thorough market analysis to help them make trading selections.

A sample account is another feature provided by XTB, and it’s a terrific way to try out the software without spending any money. XStation 5 and XStation Mobile are the two trading systems that XTB provides. The second choice is the best for mobile trading.

Because of the fast execution times of the platform, scaling works really well with XTB. You can start trading at XTB with as little as you like because there are no minimum deposit requirements.

Visit XTB

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.

What is a Mac?

Macs are personal computers developed by Apple. As opposed to Windows PCs, Macs are known for their reliability, ease of use, powerful performance, and brand. Although Macs have been marketed before towards the more new-age artistic crowd, many professionals love Macs because of their interface and build.

In the world of finance and trading, applications are mainly Windows-based. This is the biggest advantage that Windows computers have over Apple computers – compatibility. Despite this, there are mainstream trading platforms that are MacOS compatible such as the MT4 trading platform for mac.

It’s crucial to find a trading platform for the Mac in order to get more out of your trading experience and computer. For a forex trading platform for mac, you can look into XTB. For a futures trading platform for mac, you can check out Avatrade.

How to Choose the Right Trading Platform for Mac For You

If you’re not yet sure of what to look for when finding a trading platform for mac, we’ve got you covered. Whether its trying to find the a forex trading platform for mac or a stock trading platform for mac, you can learn what to look for through our guide below.

Type of Broker

The main types of brokers are stock brokers or forex brokers. However, many of today’s online brokers offer multiple financial tools. Make sure that the features available suit your style of trading and that you choose the right one for you. Small features like the spread which affect the cost of trading might make you lean towards for example more low spread forex brokers.

What you’ll mainly be trading will help you decide to choose your broker. If you’ll be trading futures, then finding a futures trading platform for mac would be suited for you. If your strategy consists of more exposure in the stock market, then finding a stock trading platform for mac is your play. Conversely, if you’re a purist who wants to trade just foreign exchange, then you’d want to set yourself up with a forex trading platform for mac.

Do note that there is no cookie-cutter method of finding a platform for you. Everyone’s portfolios and strategies are specific on their risk tolerance, portfolio size, timeframes, and dedication.

Execution Speed

Execution speed does vary among brokers, and this factor is especially important for those looking for a forex trading platform for mac as fx traders are usually scalpers or those who wish to open and close positions within 24 hours.

Many brokers execute trades in less than a second, but one of the brokers with the fastest execution times is AvaTrade. Trade execution can vary in speed depending on the traffic of orders as well as the liquidity of the financial instrument.

Leverage Ratio

Using leveraged trading platforms is a way to gain larger profits with small accounts or positions. This is why brokers with high values of leverage tend to attract the traders who want to make positions of large profits with small capital. However, leverage is definitely a double-edged sword as its one of the commons ways new traders blow up their accounts and lose all their capital.

This is why it’s important to look at the leverage ratio and choose the ones that you’ll really use in your strategy. Leverage also increases based on the type of account that’s used. For example, forex and commodities usually have higher leverages of up to 100:1 and even 500:1 for professional traders. A 10:1 leverage on stock however is already quite high as the market can be very volatile and fast-moving.

Trading Tools and Features

For trading tools, this will really matter based on the amount of experience you have and what account type you want to create. Usually one of the common trading tools are the technical indicators that show important information such as moving averages, volume, and volume-weighted average price among others.

Simple platforms like AvaTrade are designed for beginners who want to invest for mid to long-term where the technical analysis wouldn’t matter as much as fundamentals. Those platforms also feature copy trading which means new users can always put their portfolios on more experienced traders who have access to better trading tools.

Those who want the full trading experience with tools and information can check out platforms like Avatrade that have access to MT4 and MT5. The MT4 and MT5 platforms have more complete trading tools and indicators for all types of trader timeframes.

Conclusion

To conclude, any of the listed platforms can be arguably a trading platform for mac. It isn’t for everyone, but if you’re looking to start out trading with your mac, then AvaTrade is a suitable place to start.

FAQs