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How to Trade Stocks on Mac with the Best Platforms in 2023



Stock Trading Platforms for Mac: How to Choose the Best One in 2023




If you are a Mac user who wants to trade stocks, you might have encountered some difficulties in finding a suitable platform that works well on your device. While there are many online stock brokers that offer web-based or mobile platforms, not all of them are compatible with Mac or offer a smooth user experience. Moreover, some of the most popular trading software, such as MetaTrader, are not available for Mac or require complex workarounds to run them.




Stock Trading Platforms For Mac



However, this does not mean that you have to settle for less or give up on your trading goals. There are still some excellent stock trading platforms for Mac that can meet your needs and preferences. Whether you are looking for a free platform, a beginner-friendly platform, an international platform, or a platform that supports the latest macOS versions, there is something for everyone.


In this article, we will review five of the best stock trading platforms for Mac in 2023 and compare their features, fees, ratings, and availability. We will also provide you with some tips on how to choose the best platform for your trading style and objectives. By the end of this article, you will have a clear idea of which platform suits you best and how to get started with it.


Best Stock Trading Platforms for Mac




Here are our top picks for the best stock trading platforms for Mac in 2023:


TradingView (Free)




What is TradingView and what are its advantages?


TradingView is one of the most popular and powerful charting tools on the web. It allows you to access real-time data, indicators, drawing tools, alerts, and more for thousands of stocks, forex pairs, commodities, cryptocurrencies, and other assets. You can also create custom watchlists, screeners, strategies, and scripts using TradingView's Pine programming language.


But TradingView is not just a charting tool. It also allows you to trade directly from its platform by connecting it to various brokers, such as Oanda, Tradestation, FXCM, and more. You can place orders, manage positions, set stop losses and take profits, and view your account balance and history from within TradingView. You can also copy other traders' ideas or share your own with the TradingView community.


How to use TradingView on Mac and connect it to brokers?


TradingView works perfectly on any browser on your Mac, whether it is Safari, Chrome, Firefox, or Opera. You can also download the TradingView desktop app that works on macOS Ventura, Monterey, Big Sur, Catal TradingView works perfectly on any browser on your Mac, whether it is Safari, Chrome, Firefox, or Opera. You can also download the TradingView desktop app that works on macOS Ventura, Monterey, Big Sur, Catalina, Mojave, and High Sierra. The app offers a faster and more responsive experience than the web version and supports multiple monitors and native notifications.


To connect TradingView to a broker, you need to have an account with one of the supported brokers and a paid TradingView subscription. The cheapest subscription is the Pro plan, which costs $14.95 per month or $155.40 per year. Once you have both, you can go to the Trading Panel on TradingView and select your broker from the list. You will then be prompted to enter your login credentials and authorize TradingView to access your account. After that, you can start trading from TradingView's charts or order window.


What are the pros and cons of TradingView?


TradingView is a great platform for Mac users who want to access advanced charting tools, trade multiple assets, and interact with other traders. Some of the pros of TradingView are:


  • It offers a free plan with limited features and a 30-day trial for the paid plans.



  • It supports a wide range of brokers and assets, including stocks, forex, crypto, futures, options, and more.



  • It has a user-friendly and customizable interface that works on any browser or device.



  • It has a large and active community of traders who share ideas, strategies, and feedback.



  • It has a powerful programming language that allows you to create your own indicators, strategies, and scripts.



However, TradingView also has some drawbacks that you should be aware of. Some of the cons of TradingView are:


  • It requires a paid subscription to trade with a broker and access some of the premium features.



  • It does not offer customer support via phone or live chat, only via email or social media.



  • It does not have a native Mac app for older macOS versions (below High Sierra).



  • It does not support some of the advanced order types, such as OCO (one-cancels-the-other) or trailing stops.



  • It does not offer portfolio management or backtesting tools.



eToro (Best for Beginners)




What is eToro and what are its advantages?


eToro is one of the most popular and innovative online brokers in the world. It offers a unique social trading platform that allows you to copy the trades of other successful traders or become a leader yourself and earn commissions from your followers. You can also trade stocks, forex, commodities, cryptocurrencies, ETFs, and CFDs on your own using eToro's intuitive and user-friendly platform.


eToro has many advantages for beginners who want to learn from others and start trading with confidence. Some of these advantages are:


  • It offers a free demo account with $100,000 of virtual money to practice your skills.



  • It has a low minimum deposit of $200 and no commissions or hidden fees on stock trading.



  • It has a wide range of educational resources, such as videos, articles, webinars, podcasts, and courses.



  • It has a transparent and regulated platform that complies with the highest standards of security and privacy.



  • It has a diverse and global community of over 20 million traders who share their insights, opinions, and strategies.



How to use eToro on Mac and access its social trading features?


eToro works seamlessly on any browser on your Mac, such as Safari, Chrome, Firefox, or Opera. You can also download the eToro app for iOS devices from the App Store. The app offers a similar functionality as the web version and allows you to trade on the go from your iPhone or iPad.


To use eToro's social trading features on Mac, you need to create an account with eToro and verify your identity. Once you do that, you can access the following features:


  • CopyTrader: This feature allows you to copy the trades of any trader on eToro who has a public profile and at least one verified copier. You can choose how much money you want to allocate to each trader and set some parameters such as stop loss and take profit. You can also stop copying at any time or add more funds to your copy portfolio.



  • CopyPortfolios: This feature allows you to invest in a curated portfolio of CopyPortfolios: This feature allows you to invest in a curated portfolio of top traders, market strategies, or thematic investments. You can choose from various CopyPortfolios, such as CryptoPortfolio, BigTech, CannabisCare, and more. Each CopyPortfolio has a minimum investment amount and a performance history that you can review before investing.



  • Social News Feed: This feature allows you to follow other traders, markets, or assets and see their updates, comments, and analysis. You can also post your own updates, ask questions, share opinions, and interact with other users.



  • Popular Investor Program: This feature allows you to become a leader on eToro and earn commissions from your copiers. You need to have a verified account, a minimum equity of $1,000, and a consistent trading performance to join the program. You can then advance through four levels: Cadet, Rising Star, Champion, and Elite. The higher your level, the higher your commissions and benefits.



What are the pros and cons of eToro?


eToro is a great platform for beginners who want to learn from others and start trading with confidence. Some of the pros of eToro are:


  • It offers a free demo account with $100,000 of virtual money to practice your skills.



  • It has a low minimum deposit of $200 and no commissions or hidden fees on stock trading.



  • It has a wide range of educational resources, such as videos, articles, webinars, podcasts, and courses.



  • It has a transparent and regulated platform that complies with the highest standards of security and privacy.



  • It has a diverse and global community of over 20 million traders who share their insights, opinions, and strategies.



However, eToro also has some drawbacks that you should be aware of. Some of the cons of eToro are:


  • It charges fees on other assets besides stocks, such as spreads, overnight fees, conversion fees, and withdrawal fees.



  • It does not support some of the advanced order types, such as limit orders or stop orders.



  • It does not offer customer support via phone or live chat, only via email or ticket system.



  • It does not have a native Mac app for any macOS version.



  • It does not allow short selling or leverage trading on stocks.



IQ Option (Best International)




What is IQ Option and what are its advantages?


IQ Option is one of the most popular and reputable online brokers in the world. It offers a sleek and sophisticated trading platform that allows you to trade various assets, such as stocks, forex, commodities, cryptocurrencies, ETFs, options, and digital options. You can also access various tools and features on IQ Option's platform, such as charts, indicators, news, signals, tournaments, and more.


IQ Option has many advantages for international traders who want to access a wide range of markets and instruments. Some of these advantages are:


  • It offers a free demo account with $10,000 of virtual money to practice your skills.



  • It has a low minimum deposit of $10 and low minimum trade size of $1.



  • It has a high payout rate of up to 95% on options and digital options.



  • It has a fast and secure platform that works on any browser or device.



  • It has a multilingual and professional customer support team that is available 24/7 via phone, live chat, or email.



How to use IQ Option on Mac and trade various assets?


IQ Option works smoothly on any browser on your Mac IQ Option works smoothly on any browser on your Mac, such as Safari, Chrome, Firefox, or Opera. You can also download the IQ Option app for iOS devices from the App Store. The app offers a similar functionality as the web version and allows you to trade on the go from your iPhone or iPad.


To use IQ Option on Mac, you need to create an account with IQ Option and verify your identity. Once you do that, you can access the following assets:


  • Stocks: You can trade over 200 stocks from various markets, such as the US, UK, Germany, France, and more. You can trade stocks as CFDs (contracts for difference) or options. CFDs allow you to profit from the price movements of the stocks without owning them. Options allow you to buy or sell the stocks at a predetermined price and time.



  • Forex: You can trade over 50 currency pairs, such as EUR/USD, GBP/USD, USD/JPY, and more. You can trade forex as CFDs or options. CFDs allow you to profit from the price movements of the currency pairs without exchanging them. Options allow you to buy or sell the currency pairs at a predetermined price and time.



  • Commodities: You can trade over 20 commodities, such as gold, silver, oil, natural gas, and more. You can trade commodities as CFDs or options. CFDs allow you to profit from the price movements of the commodities without owning them. Options allow you to buy or sell the commodities at a predetermined price and time.



  • Cryptocurrencies: You can trade over 20 cryptocurrencies, such as Bitcoin, Ethereum, Ripple, Litecoin, and more. You can trade cryptocurrencies as CFDs or options. CFDs allow you to profit from the price movements of the cryptocurrencies without owning them. Options allow you to buy or sell the cryptocurrencies at a predetermined price and time.



  • ETFs: You can trade over 30 ETFs (exchange-traded funds), such as SPY, QQQ, DIA, and more. You can trade ETFs as CFDs or options. CFDs allow you to profit from the price movements of the ETFs without owning them. Options allow you to buy or sell the ETFs at a predetermined price and time.



  • Options: You can trade over 60 options on various assets, such as stocks, forex, commodities, cryptocurrencies, and ETFs. You can choose from different types of options, such as call/put, turbo, classic, digital, and binary. You can also customize your expiry time, strike price, and payout rate.



  • Digital Options: You can trade over 20 digital options on various assets, such as stocks, forex, commodities, cryptocurrencies, and ETFs. Digital options are similar to binary options but offer more flexibility and control. You can choose from different strike prices and payout rates and close your position before the expiry time.



What are the pros and cons of IQ Option?


IQ Option is a great platform for international traders who want to access a wide range of markets and instruments. Some of the pros of IQ Option are:


  • It offers a free demo account with $10,000 of virtual money to practice your skills.



  • It has a low minimum deposit of $10 and low minimum trade size of $1.



  • It has a high payout rate of up to 95% on options and digital options.



  • It has a fast and secure platform that works on any browser or device.



  • It has a multilingual and professional customer support team that is available 24/7 via phone, live chat, or email.



However, IQ Option also has some drawbacks that you should be aware of. Some of the cons of IQ Option are:


  • It does not accept traders from some countries, such as the US, Canada, Australia, Japan, and more.



  • It charges fees on some assets besides options and digital options [assistant](#message) , such as spreads, overnight fees, swap fees, and withdrawal fees.



  • It does not support some of the advanced order types, such as limit orders or stop orders.



  • It does not offer customer support via phone or live chat, only via email or ticket system.



  • It does not have a native Mac app for any macOS version.



  • It does not offer portfolio management or backtesting tools.



MotiveWave (Best for Monterey & Big Sur)




What is MotiveWave and what are its advantages?


MotiveWave is a powerful and professional trading software that allows you to perform advanced technical analysis, charting, and trading on various assets, such as stocks, forex, futures, options, and cryptocurrencies. You can also access various tools and features on MotiveWave's platform, such as indicators, drawing tools, scanners, strategies, studies, and more.


MotiveWave has many advantages for Mac users who want to use a native and robust trading software that supports the latest macOS versions. Some of these advantages are:


  • It offers a free trial for 14 days with full functionality and no credit card required.



  • It has a flexible pricing model that allows you to choose from different editions and payment options.



  • It has a high-performance platform that works on macOS Monterey, Big Sur, Catalina, Mojave, High Sierra, and Sierra.



  • It has a user-friendly and customizable interface that supports multiple monitors and retina displays.



  • It has a comprehensive and responsive customer support team that is available via phone, live chat, email, or forum.



How to use MotiveWave on Mac and perform advanced technical analysis?


To use MotiveWave on Mac, you need to download the MotiveWave installer from the official website and run it on your device. You will then be prompted to enter your license key or start a free trial. Once you do that, you can access the following features:


  • Technical Analysis: You can perform advanced technical analysis on any asset using MotiveWave's extensive library of indicators, drawing tools, patterns, and studies. You can also create your own indicators and studies using Java or the built-in scripting language. You can also use MotiveWave's exclusive tools for Elliott Wave analysis, Gann analysis, Fibonacci analysis, and more.



  • Charting: You can create and customize multiple charts using MotiveWave's flexible charting engine. You can choose from different chart types, time frames, styles, themes, and layouts. You can also add annotations, alerts, comments, and markers to your charts. You can also link your charts to other windows or data sources.



  • Trading: You can trade directly from MotiveWave's platform by connecting it to various brokers or data providers, such as Oanda, Interactive Brokers, TD Ameritrade, Coinbase Pro, and more. You can place orders, manage positions , manage positions, set stop losses and take profits, and view your account balance and history from within MotiveWave. You can also use various order types, such as market, limit, stop, OCO, bracket, and more.



  • Scanners: You can scan the market for potential trading opportunities using MotiveWave's powerful scanners. You can choose from predefined scanners or create your own using custom criteria. You can also filter, sort, and export the scan results.



  • Strategies: You can automate your trading using MotiveWave's built-in strategies or create your own using Java or the built-in scripting language. You can also backtest, optimize, and analyze your strategies using historical data and performance reports.



What are the pros and cons of MotiveWave?


MotiveWave is a great platform for Mac users who want to use a native and robust trading software that supports the latest macOS versions. Some of the pros of MotiveWave are:


  • It offers a free trial for 14 days with full functionality and no credit card required.



  • It has a flexible pricing model that allows you to choose from different editions and payment options.



  • It has a high-performance platform that works on macOS Monterey, Big Sur, Catalina, Mojave, High Sierra, and Sierra.



  • It has a user-friendly and customizable interface that supports multiple monitors and retina displays.



  • It has a comprehensive and responsive customer support team that is available via phone, live chat, email, or forum.



However, MotiveWave also has some drawbacks that you should be aware of. Some of the cons of MotiveWave are:


  • It requires a paid license to access all the features and tools.



  • It does not offer social trading or copy trading features.



  • It does not support some of the popular brokers or data providers, such as eToro, TradingView, or IQ Option.



  • It does not offer educational resources or tutorials for beginners.



  • It does not offer portfolio management or research tools.



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