We’re all familiar with the saying time is money and nowhere is truer than in the day trading world. Finally, it cancels orders once you hit your stops or profit targets.Įxecution Speed. On the flip side, you can set your take profit amount. For newbies, this is crucial, so you don’t lose your shirt. This saving grace feature automatically adds a stop loss to your order. On-chart trading enables you to place and execute trades directly from the chart.Ĭustom order entries or attached orders. The ability to place trades from the chart. How will you know what tweaks to make to your current strategy? Once again, you don’t if it doesn’t have this feature.ĭirect Chart Trading. How are you going to know if your new strategy will work if you can’t backtest it? You don’t if your platform doesn’t have this capability. The ability to replay historical market data at any time is crucial for both new and seasoned traders. Before you rush in, ensure the one you select includes at least some if not all of these: Regardless of the computer, you’re using, there’s a handful of platform features essential for traders. What’s Important When Selecting a Trading Platform Now I can’t say it’s the best trading software for Mac because mine was old when I downloaded TOS.

I used this trading platform on my Mac before I ended up switching to a PC. However, if you’re into Forex trading, a trading platform for Mac like AvaTrade is one you could consider. Unfortunately, none of the top-charting platforms have been written for or ported to the Mac OS, which is sad.Īll the heavy hitters from TradeStation, NinjaTrader, MultiCharts, eSignal, Metastock, and MetaTrader were developed for the Windows operating system.īut I’m sure you already know this if you’ve been trying to trade from your Mac.

Best stock trading software for mac