Many investors may have discovered that most of the formal trading platforms currently on the market are using MT4 computer version software as a platform-specific trading tool. The computer systems on the market are mainly divided into Microsoft Windows system and Apple Mac OS system. For the installation of the MT4 computer version software of the Microsoft Windows system, everyone must be able to operate it, because the MT4 computer version software of the Microsoft Windows system is based on . An automatic installation system ending in exe. However, many investors use the Apple Mac OS system but do not know how to install the MT4 computer version software. Due to the high usage rate of MT4 software, investors need to understand the software, so this article will talk about it specifically: What is MT4? And how to install MT4 computer version software in Apple Mac OS system? For your reference.
1. What is MT4?
Speaking of foreign exchange investment, we have to talk about MT4 software, so what is MT4? MetaTrader (MT4 for short) is a platform developed by MetaQuotes Software Corp (Chinese name: Maidake), originally released in 2005. It hasn't stayed the same over the years. Its design team has been working on improving the platform, adding top-notch customization and automation. Over the years, MT4 has not only been popular with investors, but has also become the standard platform in the retail forex/CFD trading industry.
It is suitable for use by investors of any level of experience. Novice investors like elements that are suitable for beginners, such as: copy trading system and automatic Expert Advisor (referred to as EA) application. As for advanced investors, they can take advantage of sophisticated technical analysis and charting tools. Additionally, they can design their own trading indicators using the proprietary MQL4 programming language.
How to install MT4 computer version software in Apple Mac OS system?
①Install the program Wine for running Windows programs on the Mac OS system. Wine is free software that enables users of Unix-based systems to run applications developed for Microsoft Windows systems. Among all versions of Wine, there is a version developed for Mac OS. I recommend using the Staging version of Wine.
② Please note that Wine is not a completely stable application. As a result, some features of applications opened under Wine may not work properly or at all. For the installation of MT4 computer software on Mac OS, MT4 officially recommends using the free application PlayOnMac. PlayOnMac is a Wine-based software that facilitates the installation of Windows applications on Mac OS.
③Install PlayOnMac.
In order to install PlayOnMac, open the program's official website, go to the download section and click the link to download the latest version. After downloading the DMG package, launch it from your system's Downloads area. The PlayOnMac first launch window will appear. After you click Next, the installer will begin checking and installing the various components necessary to work.
④ The first necessary component is XQuartz.
There is a software for using X Window System on Mac OS. The X Window System provides standard tools and protocols for building graphical user interfaces in Unix-like OS systems. If you have already installed XQuartz or plan to install it later, select "Do not install XQuartz for now" or "I have downloaded the file myself" respectively.
⑤ The installation of XQuartz is divided into several stages.
First, you should read the important information (readme) and accept the license conditions. Before starting the installation, the Mac OS security system will ask you to enter your account password and wait for the installation to complete. You should restart your computer for the changes to take effect.
After restarting your computer, start PlayOnMac again from the installer file in the Downloads folder. The first-time launch window will appear again. This time, the installer will proactively install the MS Windows fonts required for proper operation. Accept the license agreement conditions and wait until the installation is complete. After that, PlayOnMac is ready to use.
⑥Download the MT4 computer version of the Windows system from the official website of the regular brokerage platform, for example: Doo Prime, because this platform is owned by the Doo Group Metropolitan Holdings Group. Currently, Doo Group holds financial regulatory licenses in the United Kingdom, the United States, Mauritius, Vanuatu and other regions, and has operating centers in London, Dallas, Hong Kong, Singapore, Kuala Lumpur and other places. With a strong group background, highly competitive transaction costs, convenient deposit and withdrawal methods, and a professional service team, Doo Prime is rapidly developing into an industry-leading top international brokerage. .
⑦ Right-click the MT4 computer software with the extension .exe, and select "Open in Wine".
⑧Then follow the standard procedure for installing MT4 computer software on Windows.
⑨ Later, when you want to start the terminal, you also need to start it through Wine. Wine v. 1.4 is installed with PlayOnMac. Wine 1.4.1 is the latest stable release. The Wine 1.5.21 beta release contains many improvements and is also available for download, however, it is less stable. It is recommended to install the latest version of Wine. To update Wine to the latest version, open the menu above PlayOnMac and select "Manage Wine Versions".
⑩MetaTrader 4 data directory.
For each installed program, PlayOnMac creates a separate virtual logical drive with the necessary environment. The default path for the data folder of an installed terminal is as follows:
Library\PlayOnMac\WinePrefix\MetaTrader_4_\Drive C\Program Files\MetaTrader 4。
The above is the whole content of "How to install MT4 computer version software in Apple Mac OS system?", I hope it will be helpful to all investors. But investors need to pay attention, after downloading and installing the MT4 computer version software, they need to open a real account on the official website of the brokerage firm, and cannot directly open an account in the MT4 computer version software, which may cause the opened account to become an account of other brokerage platform , can not enjoy the service guarantee of the platform you want.