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Part 16: Meta Trader 4 Show – Installing MT4 on Mac

macbook on a tableRecently, we have seen a mounting number of questions from Apple users. People are asking: “How to install Meta Trader 4 on Mac?” or “The installation of MT4 doesn’t work. Isn’t it because I have a Macbook?“.

To be honest, I have never had any Apple device so far, so I was not in the position to answer such questions. Yet, one day I was offered the opportunity to install MT4 software on MacBook to try it out. The result of my effort is this short guide so that all of you who like trading can see (using our or your own strategies) how this thing works.

What to do if you are a Mac user

You can either follow the official guide, which is available in English at the website metatrader.com. This guide is far more detailed than the one you  are reading now. However, The method I “invented” is easier but has a small hitch. So keep on reading..

The installation process is not that easy and many beginners may get lost. Therefore, if you feel helpless ask some smart guy nearby.

How to install MT4 on Mac – guide

  • 1. First of all, very much like with Windows, you have to sign up for a DEMO account (toll-free) with the forex broker XM. You can do it here: Set up demo account needed for MT4. Except for your e-mail, all other details you enter can be made up. Remember the password.
  • 2. Click on the message you received by e-mail to confirm your account. Once a green button displays, download MT4. Choose a version for MAC and download it. Install the MAC version.
  • 3. After the traditional installation process has finished, the system will display MT4 (the appearance is much like that of Windows 98).
It’s possible, that the computer will not allow you to run the installation file. Therefore, you must go to  settingssecurity – and choose “open in spite
  • 4. Run the installed MT4. So far so good, everything  works.. Now choose DEMO server from the server list displayed on your screen. Fill out your ID (received by e-mail) and the password you entered during the registration.
Running meta trader 4 on a mac

Running MT4 on a mac

File copy problems

This method of installing and running MT4 works – but as I said before – there is a small hitch in it. You will not be allowed to get into the “data folder”, you will not be able to run any indicators and templates including those downloaded from the internet.

To overcome this obstacle you must do one more thing. Clicking on File -> Open data folder  at the top on the left is too little to get into the data folder on Mac.

Instead, you must take the following steps:

 

  • 1. Open the finder and select Applications
  • 2. Click with the right button on the XM MT4 logo (or with two fingers on your trackpad)
  • 3. Choose option 2 of the menu (Show Package Contents)
  • 4. Make a few clicks …. drive c ->Program Files -> XM MT4
  • Now you have arrived at the data folder. Copy all templates into the templates, placed in the data folder. Copy all indicators into MQL -> Indicators, in the same place.

I hope this will help you a bit with the installation of MT4 on Mac. If you encounter any problems do not hesitate to contact me in the comments box under this article. This may help not only you but also some other people looking for the answer to the same problem as you did.

Author

Step

More about the author: Step

I've wanted to build a business of some kind and earn money since I was in middle school. I wasn't very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

5 Responses to “Part 16: Meta Trader 4 Show – Installing MT4 on Mac”

  1. Hi, I need help with file copy problems please. I followed your instructions to copy templates so went into the program files through applications, then i copy the templates but when i go back to the data folder it wont paste, however when i click on the template folder all of the templates are there. BUt when i open XM platform the templates option doesn’t show.

  2. Hello Step,

    Could you explain, on MAC OS, how to install MT4 in order to run multiple instances of MT4 with different accounts from same broker?

    Thanks and regards,

    Laurent

    1. Hi Laurent, I am not quite sure unfortunately how to do that specifically. Maybe try using the software called “WineBottler” for installing .exe microsoft files. This might let you install multiple versions of the same software with different names to be run separately. Hope I helped.

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