When comparing Magnet vs Parallels Desktop, the Slant community recommends Magnet for most people. In the question“What are the best power user tools for macOS?” Magnet is ranked 51st while Parallels Desktop is ranked 59th. The most important reason people chose Magnet is:
Easy to learn keyboard shortcuts.
Ranked in these QuestionsQuestion Ranking
Pros
Pro Keyboard centric
Easy to learn keyboard shortcuts.
Pro Intuitive handling
Just drag the window to one of the sides of the screen and it snaps there. This is especially useful for those who can't be bothered remembering the shortcuts.
Pro Cheap
At $0.99, it is not that expensive.
Pro Mouse controllable
Supports dragging a window along the edges of the screen to activate.
Pro Do not have to learn or remember keyboard shortcuts
Pro It's often on sale
For example, at the writing of this pro it's currently at $1.
Pro Up to six external displays supported
Pro Best-in-class gaming performance
Compared to other VMs, Parallels has the best gaming performance. Still, a good framerate can only be achieved with games that have very low resource requirements. A much better option for resource intensive games is dual booting Windows (via Boot Camp).
Pro Easy to use
Parallels has an easy to learn and use UI. All important features are wizard based. It requires only a few clicks for the wizard to download and set up the latest Chrome OS, Windows or Linux build.
Pro Can run Windows apps as native OS X apps
Parallels has a "Coherence View" mode that allows running Windows applications as if they were native OS X apps. In this mode Windows is virtualized in background and Windows features like Jump Lists, Taskbar, Start Menu, etc can be embedded directly within OS X.
Pro Best integration ever
Cons
Con Cannot setup custom sizes and window positions
Unfortunately, you can only move windows to preset positions.
Con Can only be purchased from the App Store
Magnet is only available in App Store.
Con Can't hide the menu bar icon
It would've been nice to be able to hide the icon so it doesn't clutter the menu bar.
Con Interference when switching between folders
Default Folder-X app "warns" that Magnet App may interfere with it's ability to switch between folders in Open and Save dialogue boxes.
Con Causes cursor bugs in IntelliJ IDEs
Unfortunately, Magnet causes the caret to bounce around in IntelliJ IDEs, this is very annoying.
Con Very expensive
Parallels upgrades are very expensive. Even if I bough several versions of Parallels I will switch back to free VirtualBox as they even "invented" the Pro version - mainly doubled the price you have to pay each year to have the software updated.
Con Can't import OVA files
OVA files are useful because they include all of its supporting files. Unfortunately, Parallels doesn't support these useful files.
Con Requires buying a new version of the software with each new OS X release
Chances are that the same version of Parallels won't work with different OS X releases, requiring a separate purchase of Parallels for each OS X version.
Con Home edition doesn't work with Vagrant or Docker Machine
Make sure you purchase the Pro edition (the subscription) if you need command-line access to the hypervisor.
Con Can't export OVA files
One you use parallel you get trapped into a proprietary format.
Can't share disk blocks on two unrelated virtual machines (KSM for disk) too.