To do Alt + H F C on Mac in Excel, download and install Accelerator Keys, then press Option, followed by H, F, C.
Command: Font Color
This is how to do Alt + H F C on Mac in Excel with Accelerator Keys, the native ribbon and alt key shortcut solution for Mac users who get more done with Excel.
Alt + H F C font Color changes the text color of selected cells. Click to apply the current color, or use the dropdown to choose a different color.