MetaTrader 5 for MAC

GBE brokers is delighted to offer the MetaTrader5 (MT5) platform to all our new and existing clients.

The MT5 platform offers advanced financial trading functions, as well as professional tools for technical and fundamental analysis. Clients can trade all GBE brokers trading products through the new MT5 platform including CFDs on Forex, Stocks and Futures.

The MetaTrader 5 platform benefits from over 80 built-in technical indicators and analytical objects for detailed price analysis. There are many new functions on the MT5 platform. Traders can buy and sell currency pairs, equities and futures with just one click with the option to execute orders directly from the price chart. There are more chart timeframes and more types of pending orders. The platform also has built-in Economic Calendar and Financial News modules. Traders can further benefit from technical functionalities such as the “trade netting” and the Depth of Market (DOM). Overall, MT5 is developed with a generation programming language (MQL5) which offers superior integration with newest AI technology. Metaquotes have also built new learning features to their latest product which are developed to help beginner traders make full use of the new platform.

How to install MT5 for Mac?

In order to install MetaTrader5 trading platform on computers that run Mac OS you will need to use the Wine application (available at www.winehq.org). We note that Wine is not a fully stable application. This means that some functions of the application may work improperly or not work at all.

We recommend that you use the open source software PlayOnMac for the installation. PlayOnMac is a Wine-based free software providing easy installation and use of Windows applications on Mac OS.

Below is a step by step MT5 installation process which is provided by Metaquotes:

PlayOnMac Installation

To install PlayOnMac, go to its official website, open the Downloads section and click the link to download the latest version.

Run the downloaded DMG package from the Downloads section of your system:

This opens the PlayOnMac first launch window. Upon clicking “Next” the installer starts checking and installing various components required for operation.

The first required component is XQuartz. This is a software tool for using X Window System on Mac OS. X Window System provides standard tools and protocols for building a graphical user interface on UNIX-like OS.

If you have already installed XQuartz or want to install it later, select “Don’t install XQuartz for the moment” or “I’ve downloaded file by myself”, respectively.

Quartz is installed in several stages. First of all, read the important information (Read Me) and accept the license terms.

Before the installation, Mac OS security system requests your account password:

Wait for the installation to complete. For the changes to take effect, restart your computer.

After system restart, launch PlayOnMac from the setup file in the Downloads folder. The first launch window will appear again. This time, the installer will offer to install MS Windows fonts required for proper operation.

Accept the license agreement terms and complete the installation. After that, PlayOnMac is ready for use:

Updating Wine

Wine v. 1.4 is installed together with PlayOnMac. The latest stable version is Wine 1.4.1. Wine 1.5.21 beta release containing many improvements is also available for download. However, it may be less stable. It is recommended to install the latest version of Wine.

To update Wine to the latest version, open the top menu of PlayOnMac and select “Manage Wine Versions”:

The window with Wine versions available for installation will open. Select the latest version (currently 1.5.21).

Move the latest Wine version to the right side of the window. The installation process starts after that.

After installation, the new version of Wine will appear in the left pane of PlayOnMac Wine versions manager. You can then close the window and install the trading platform.

Platform Installation

First, Download the GBE MT5 using the bellow button.

When the download completes, run the setup file. The file is automatically opened by PlayOnMac.

This will launch the standard installation process, go through all its stages:

After installation PlayOnMac prompts you to create shortcuts for the platform components, including the trading platform,MetaEditor and MetaTester:

Once the necessary shortcuts are created, you can start using the platform. Double click on it in PlayOnMac window to run the platform.

Known Issues

As mentioned above, Wine is not a completely stable application. Thus, some functions of the platform may work improperly. The following issues have been discovered:

The “Market” function does not work in Wine!

Except for the above problem, you can enjoy all the features of the trading platform on Mac OS.

PlayOnMac creates a separate virtual logical drive with necessary environment for each installed program. The default path of the installed platform’s data folder is as follows:

Library\PlayOnMac\WinePrefix\Client_Terminal_\Drive C\Program Files\Client Terminal

Source: Metaquotes, Metatrader5.com

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