Page Summary
There are numerous local and offshore brokers available in the UAE offering mac supported forex trading platforms with different conditions and features. The wide range of options make it tough to choose a forex brokers with the ideal mac trading platform.
For this guide we have researched, evaluated and compared services and conditions of the various mac forex brokers in UAE to create a list of top choices. To help different types of traders (beginners to advanced) with different trading styles and personalities make an informed decision, we have considered trading fees, forex trading instruments, availability of trading tools & features, banking options, deposits and withdrawals and customer support.
This guide assess 56 online brokers available in UAE. To help traders find the optimal broker for their needs, the best mac trading platform in UAE are listed below.
Best Mac Forex Trading Platforms in UAE – List
- eToro – Best Platforms For Copy Trading
- Saxo Bank – Ideal For Professional Mac Traders
- Avatrade – Best Multi-Features Mac Platform
- Libertex – Top Choice for CFDs
- IQ Options – Optimal For Forex Options
The Top Mac Forex Trading Platforms in UAE Reviewed
Online forex brokers with the best mac forex trading platforms in UAE are reviewed below.
1. eToro – Best Mac Forex Copy Trading Platform
Min Deposit: $100
Fees: 4.8
Assets available: 4.8
Total Fees:
51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
eToro is the best forex copy trading platform for UAE-based Mac users. With eToro you can trade over 50 currency and cryptocurrency pairs from your Mac. eToro offers a social trading platform that you can use to copy 20 million different professional traders. The FSRA and ADGM (Abu Dhabi Global Market) regulate eToro. eToro has Islamic swap-free accounts available for Muslim traders and demo accounts for beginners.
Pros
- 50+ currency and cryptocurrency pairs
- Social Trading
- Islamic and demo accounts
Cons
- No advanced technical analysis tools
51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
2. Saxo Bank – Best Mac Forex Trading Platform for Professional Traders
Min Deposit: $5000
Fees: 4.7
Assets available: 4.9
Total Fees:
69% of retail investor accounts lose money when trading CFDs with this provider.
Saxo Bank is the best Mac forex trading platform for professional traders because you can trade over 40,000 instruments with them, including over 100 forex pairs. Saxo Bank is compatible with MT4 and MT5 and you can use their proprietary trading platform. They charge low fees (0,4 pips on EUR/USD) and offer Islamic swap-free accounts for Muslim Traders. You can trade with up to 30:1 leverage on Saxo Bank. The minimum deposit to open an account with them is $10,000.
Pros
- 40,000 available assets & 100+ forex pairs
- Compatible with MT4 and MT5
- Demo and Islamic accounts
Cons
- High minimum deposit
69% of retail investor accounts lose money when trading CFDs with this provider.
3. AVAtrade – Best Multi-Platform Mac Forex Trading Platform
Min Deposit: $100
Fees: 4.9
Assets available: 4.9
Total Fees: 0.9 pip
AvaTrade is the best multi-platform Mac forex trading platform because they have 6 available trading platforms for Mac users and you can connect AvaTrade with 5 robot trading platforms. AvaTrade’s own trading platforms are AvaTradeAct and AvaTradeGo. AvaTrade is compatible with MetaTrader 4 and 5, and MetaTrader Mac. The robot trading platforms you can connect with AvaTrade are RoboX, Mirror Trader, MQL5 Signal Service, API Trading, and DupliTrade. AvaTrade is registered at the Abu Dhabi Global Market and is regulated by the FSRA. You can open an Islam swap-free account, demo account, or Standard account with AvaTrade.
Pros
- Multiple trading platforms
- Automated Trading
- Islamic and demo accounts
- Regulated by FSRA and ADGM registered
Cons
- High inactivity fees
71% of retail CFD accounts lose money
4. Libertex Review March 2024 – Best Mac Forex and CFD Trading Platform
Libertex is the best CySEC-regulated Mac forex and CFD trading platform because you can trade over 60 currency pairs with up to 30:1 leverage with them. Libertex offers commission-less trading and charges low spreads. You can open a demo account with Libertex and connect it with MT4. Libertex has no minimum deposit required and an iOS app available. Libertex has been in business for over 20 years and is one of the best forex brokers for UAE-based traders.
Pros
- Over 60 FX pairs tradable with 30:1 leverage
- No minimum deposit
- Compatible with MetaTrader 4 and
Cons
- Only CFDs
5. IQ Option – Best Mac Forex Options Trading Platform
Min Deposit: $10
Fees: 3.3
Assets available: 2.0
Total Fees:
IQ Option is the best choice as Mac forex options trading platform because you can trade both forex and options on their platform from $1. You can trade forex options on over 40 currency and cryptocurrency pairs and receive payouts of up to 91%. IQ Option offers technical analysis tools, educational material, and has an iOS app available. Opening an account with IQ Option requires $10 or you could use their demo first.
Pros
- Forex and options trading
- Low minimum deposit
- TA tools for experienced traders
Cons
- Platform overwhelming for beginners
“RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK”
How To Choose The Ideal Mac Trading Platforms For Forex Trading in UAE?
Criteria to be considered to select an online broker with the ideal mac trading platform in UAE are listed below.
- Availability of forex trading instruments
- Fees
- Forex Trading Platforms and Third Party Integrations Supported for iOS
- Brokers Reputation
- Traders experience level
- Traders Personal Preferences
- Availability in UAE
Top Mac Brokers Compared
Key features of the highest rated Mac forex brokers are compared in the table below.
| Broker | Nr. of Forex Pairs | Minimum Deposit | Educational Materials | Spreads on EUR/USD | Available Trading Platforms | Copy Trading Features | Customer Support | Regulators |
|---|---|---|---|---|---|---|---|---|
| eToro | 47 | $100 | Yes, including video tutorials, webinars, and a blog | 1 pip | eToro Platform, eToro Mobile | Yes, eToro’s CopyTrading feature | 24/5 via live chat, ticketing system | CySEC, FCA, ASIC |
| Saxo Bank | 180+ | $10,000 | Yes, including webinars, market analysis, and news | 0.6 pips | SaxoTraderGO, SaxoTraderPRO | No | 24/5 via phone, live chat, email | FCA, ASIC, SFC, JFSA, MAS, FINMA |
| AvaTrade | 50+ | $100 | Yes, including video tutorials, webinars, and an educational blog | 0.9 pips | MetaTrader 4, MetaTrader 5, AvaTradeGo, AvaOptions | Yes, AvaTrade offers DupliTrade and ZuluTrade | 24/5 via phone, live chat, email | Central Bank of Ireland, ASIC, FSA, FFAJ, FSCA |
| Libertex | 50+ | $100 | Yes, including video tutorials, webinars, and articles | 0.9 pips | Libertex Platform, MetaTrader 4 | No | 24/7 via live chat, email | CySEC |
| IQ Option | 50+ | $10 | Yes, including video tutorials, webinars, and a blog | 1.2 pips | IQ Option’s proprietary platform, Mobile Apps | No | 24/7 via live chat, email | CySEC |
Is a Mac Good for Forex Trading?
Yes, a Mac is as good as a Windows PC for forex trading. The latest Mac computers are powerful and have enough RAM to run trading platforms without problems. We recommend having at least 8 GB of RAM to trade forex on a MAC computer. You can check the system information of your Mac computer by clicking on the Apple Menu and then About This Mac.
Can I Trade Forex on my MacBook?
Yes, you can trade forex on your MacBook. You can trade in your browser or via trading apps installed on your device.
How to Trade Forex on a Mac?
You trade forex on a Mac by opening a forex trading account with a broker, funding it, and then placing your first trade. You search the trading platform for the currency pair your want to trade and then decide whether to go long or short (buy or sell). You can use risk management tools like stop-loss limits to reduce your risk taken.
Is a MacBook Air Well-Suited for Forex Trading?
Yes, A MacBook Air is well-suited for forex trading because it is one of the lightest laptops that can run trading platforms. You can trade forex wherever you are using a MacBook Air. Make sure you always have enough battery life left when trading forex. Desktop trading platforms consume your battery life faster than WebTraders.
Conclusion
It requires time and effort to compare the different services offered by forex brokers in UAE for mac traders. Essential information need to be researched and analyzed for users to make the optimal decision for their needs.
This guide does the hard grind for you by reviewing and comparing 56 mac supported brokers considering different types trader personalities and goals. The result of our analysis of the best mac forex brokers in UAE are summed up in the table below.
| RANK | BROKER | PLATFORM SCORE | BEST FOR | WEBSITE |
|---|---|---|---|---|
| #1 | eToro | 4,9/5 | Copy Trading | Official website |
| #2 | Saxo Bank | 4,1/5 | Professional Mac Traders | Official website |
| #3 | Avatrade | 0,0/5 | Multiple-Features Platform | Official website |
| #4 | Libertex | 4,1/5 | CFDs | Official website |
| #5 | IQ Options | 4,2/5 | Forex Options | Official website |
Disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% 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
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Stefan Grasic is the owner of Business24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active stock, CFD, crypto and general investment researcher, advising blockchain companies such as Blockbird, GoCrypto, Hive Terminal at their start up level.