Trading forex can be risky as well as challenging. The primary aim of a trader in forex is to obtain returns on his investment. When a newbie signs up for trading, this currency market is completely new to him. This is where a forex trading simulator Mac comes to the rescue. However, as a new trader one may not be aware of a trading simulator. Forex Tester is compatible with Windows XP, Windows Vista, Windows 7, Windows 8, Windows 8.1, and Windows 10. Our software is not compatible with Mac operational systems, though it can work under Windows emulators there, but you should check it first before purchase.
One of my biggest hesitations when I was considering switching over to a Mac was the fact that certain trading programs were not available. In particular, I had to have Forex Tester and Metatrader on Mac. When I found out that you can use VMWare Fusion to run Windows on a Mac and I could finally have the trading software I needed, I was all about it.
Unfortunately, I initially went about it the wrong way. Instead of saving up to buy a real Mac, I turned a cheap Dell Mini into a Mac. Although I loved it at the beginning, the screen turned out to be a little too small, the processor too slow and all the fiddling that I had to do to get OS X onto the Dell made the computer unstable when there were new updates to the operating system.
Then recently, it dawned on me that if I sold my Windows PCs plus a couple of other things that I had lying around on Ebay, I could raise the money for a real Mac, right now. So that is what I did.
Whether you want to learn forex trading or to improve a trading strategy. You need the right tools to succeed. We see demo-trading provided by most brokerage firms as a trap. Our team is determined to reveal and resolve the problems with demo accounts. Recreate desired market state at a specified point in history to test your trading ideas.
We cannot guarantee that all non-standard indicators will work fine with Forex Simulator, but there is a good chance that many of them will. Please use our free demo to test your favourite indicators before purchasing our simulation software. New York Close 5-day charts. The simulator is capable of drawing charts in one of two modes.
How is it?
I have been an IT consultant for about 11 years now and I have used all types of computers. The other day I counted and I have personally owned 9 computers in my lifetime and have used countless others.
But guess what?
This MacBook Pro 13 is the best damn computer I have ever used. Period.
Almost everything about this computer just makes sense. I got tired of Windows updates running twice a day and having to ghetto rig a program just to get it to work like it is supposed to.
Limited Time Discount for TH Readers:Get Forex Tester 4 for $139
Yes, it is more expensive than your average Windows computer. But guess what? It actually comes out cheaper in the end because you are not fixing stupid problems or having to buy third party software for stuff that should be included in the operating system.
Anyway, if you are in the market for a new computer, even a trading one, I would highly recommend a Mac. Still skeptical? Check out this video and see what it looks like to run Metarader on Mac.
SEE ALSO:The Best Trading Psychology Books of All-Time
Note: Keep in mind that you also have to have a copy of Windows handy so you can install it in VMWare Fusion.
UPDATE (10/10/2012): A reader emailed me and wondered if she had to get virus protection for her Windows installation. She was very worried about infecting her Mac. If you are just running Metatrader and/or Forex Tester, then you are probably OK without it. But it is Windows after all (the least secure of the major consumer operating systems), so you should get something.
Fortunately, Microsoft does do something right. Enter Microsoft Security Essentials. It is their version of anti-virus software and it is free. It also works better than some of the paid products that I have used and it doesn't slow the computer down.
Be sure to get a copy of Windows XP (if you can) because that runs the fastest. You can still find a copy on eBay.
Disclosure: Some of these links are affiliate links in which I make a commission if you purchase through them, but the proceeds go towards supporting this blog and a portion is donated to Kiva. Thanks!
You Might Also Enjoy
Trading forex can be risky as well as challenging. The primary aim of a trader in forex is to obtain returns on his investment. When a newbie signs up for trading, this currency market is completely new to him. This is where a forex trading simulator Mac comes to the rescue. However, as a new trader one may not be aware of a trading simulator. Then this article will throw light on that topic.
Forex trading simulator – a general overview:
A trading simulator is a software that creates an impression of a live trading session by simulating the market conditions. It allows for virtual trading where the usual norms of opening, closing and modifying orders remain the same.
A forex trading simulator mac has certain key features:
It includes all real time trading functions and features.
Market updates with live simulation.
It can judge any strategy.
It is risk-free and reliable.
Veterans say that a minimum 10,000 hours of practice is required to master the market. However, with reliable forex trading tools Mac, one can get hold of the market in no time.
How to download a forex trading simulator mac?
A trader needs to install the MT4 trading platform for Mac OS to enjoy the market simulation. To do so:
Download the .dmg file and double click it. Once opened, drag the MT4 setup to the application folder.
This will install MT4 successfully. Open it and log in with your Apple id and password. This makes your account exclusive in forex trading simulator mac.
Start trading by following on-screen instructions.
Identifying the official version:-
Since you have to go to terms with the installation process, it is vital to choose the authentic and genuine trading platform. Forex trading tools Mac is mainly of two types. The first one makes use of a simple algorithm to simulate the live market. The latter one is more sophisticated and provides a broader view with enhanced trading features. The following points will help you out.
- Flexible deposit amount:
The authentic trading software will allow you to trade with the same amount as the live market. Some software often limit the amount of virtual deposit. One should avoid such softwares.
- Advanced trading platform:
As mentioned, a forex trading simulator Mac provides an essential as well an advanced version. Investors should always go for the advanced menu. This will allow them to get a real feel for the live market. With the advanced version, traders can alter strategies, perform carry trading, day trading or any other investment strategy as desired.
- Real market data:
An authentic trading simulator will always provide its users with real time data. This is crucial for the proper learning and chalking out of strategies. Moreover, veterans also use a trading simulator to alter their policies. Therefore, precise figures are essential for the purpose.
To sum up:
Forex Tester For Mac
Forex trading simulator mac is beneficial for getting a feel of the forex market as well avoid any loss of an undesirable penny. One should, therefore, get hold of a simulator before setting his foot in this world of currency trading.
Forex Tester For Mac Installer
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.