MT4 Mac installation - how is it different from Windows?
As already mentioned in the introduction, the installation process for MT4 on Mac is a bit different from Windows. Instead of downloading the installation file and going right ahead, which is basically how Windows users would install this program, the Mac users have to take some additional steps before that.
The reason for it is that the MetaTrader software was originally created for Windows users in 2005. And since the two systems have completely different underlying platforms, they cannot run each other’s applications - that is, they cannot do that without the help of additional programs.
So, to install MetaTrader 4 on Mac, users first need to download a program that will enable MT4 to run on macOS. This software is called Wine and it opens the Mac system for “.exe” and other file extensions. Traders can download either Wine or other third-party programs that are also based on Wine. In our article, we’ll provide the installation guide for PlayOnMac, which basically does the same thing - open Windows applications on Mac.
To download PlayOnMac, the user has to head over to the program’s official website (playonmac.com) and hit the Download PlayOnMac button. After downloading the Mac-compatible DMG package, they need to launch it from the Downloads section of the system.
Then, the first PlayOnMac launch window will appear where they have to press “Next” and allow the system to install all the necessary tools for the software. The first important tool to be installed is XQuarz. The user needs to press “Please download XQuartz for me” if they want the system to automatically do the whole thing. If not, they have to download the tool from the web.
An important aspect to mention here is that the XQuarz installation process has its own EULA that users have to agree with. Not only that, they’ll be required to enter the name and password of their macOS account.
After XQuartz is installed, the user has to restart the system for the changes to take effect. When the system is back online, they need to open the PlayOnMac setup file once again in the Downloads folder. This time, the setup will offer the installation of Microsoft fonts. The fonts are also necessary for the system to run properly, therefore, it’s not recommended to skip this part.
When the MS fonts are also installed, the PlayOnMac setup will finalize the installation. After that, the user will be ready for the MT4 download on Mac.
Installing the MT4 terminal
So, once the PlayOnMac software is installed in the system, the user can download the “.exe” file and run it on Mac without complications. As for where to download the installation file from, there are two main options: traders can either use their broker’s website - if, of course, it offers MT4 as a trading software - or head over to the official metatrader4.com
to download the “mt4setup.exe” installation file.
Once the download is finished, the user will find the file in the Downloads folder. By double-clicking on it, the PlayOnMac window will appear. It will offer the same steps for the installation as the Windows system would.
By hitting the “next” button, agreeing to the End-User License Agreement, and selecting the destination folder for the installation, the process will continue automatically. Finally, PlayOnMac will offer the user to create various shortcuts on the desktop. The necessary ones for most traders will be the MT4 terminal itself and MetaEditor.
Once the shortcuts are put on the desktop, the installation will finish and MetaTrader 4 for Mac will be ready to use.