Score

4.50 /10
Average

MAGIC COMPASS

Regulated in Seychelles

Derivatives Trading License (EP)

MT4 Full License

Regional Brokers

Medium potential risk

Offshore Regulated

AA

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Exposure

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Score

Regulatory Index1.76

Business Index7.96

Risk Management Index8.90

Software Index8.97

License Index1.76

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Magic Compass GLOBAL CAPITAL LLC

Company Abbreviation

MAGIC COMPASS

Platform registered country and region

Cyprus

Company website

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2026-01-08
  • This broker is regulated in an offshore jurisdiction with a light-touch supervisory framework. Please be aware of the risks!

WikiFX Verification

MAGIC COMPASS · Benchmark
Average transaction speed(ms)
1111.6 Poor
The highest transaction speed(ms)
63 Great
The highest speed of opening positions(ms)
63 Great
The highest speed of closing position(ms)
66 Great
The lowest speed of opening positions(ms)
1999 Poor
The lowest speed of closing position(ms)
1930
Ranking: 34 / 125
Test user 121
Transactions 14,868
Ocuppied margin $1,204,268 USD
Data Source WikiFX Data provide
Updated: 2026-01-06 01:01:00
MAGIC COMPASS · Company summary
Magic CompassReview Summary
Founded2015
Registered Country/RegionCyprus
RegulationCySEC, Seychelles Financial Services Authority, Canadian Fintrac MSB
Market InstrumentsForex, Gold, Silver, Crude Oil, Indices, Cryptocurrencies, U.S. Stocks, Offshore Chinese Yuan, Metals, Shares
Demo Account
LeverageUp to 1: 400
SpreadEUR/USD: The average spread is 2.1 pips.
Trading PlatformMT4 & Magic Compass investment APP
Min Deposit$100
Customer Support24/7 online consultation with a professional customer service team
We Chat Official Accounts

Magic Compass Information

Magic Compass, founded in 2015, is an international electronic trading company. The company is regulated offshore by FSA. Its trading instruments cover over 50 popular products including forex, gold, oil, etc.

Magic Compass Information

Pros and Cons

Pros Cons
Diverse InstrumentsLimited customer support channels
Support MT4Residents or passport holders from jurisdictions including Canada, the United States, and Belgium are unaccepted.
STP Forex Trading Platform
Self-developed trading APP software
24/7 online consultation

Is Magic Compass Legit?

Magic Compass claims to be regulated by CySEC, Canadian Fintrac MSB, and the St. Vincent and the Grenadines Financial Services Authority (FSA). As verified by WikiFX, its license is regulated by the Seychelles Financial Services Authority.

Is Magic Compass Legit?
Is Magic Compass Legit?

What Can I Trade on Magic Compass?

Magic Compass offers multiple popular products for traders, including forex, gold, silver, crude oil, indices, cryptocurrencies, U.S. stocks, and more.

Tradable InstrumentsSupported
Stocks
Forex
Funds
Bonds
Futures
Cryptocurrencies
Precious metals & Commodities
Indices

Leverage

Each trading product has a different leverage, with a maximum of 1:400.

Breed typeMargin ModeMargin/Leverage
FXFixed Leverage400x
CryptoFixed Leverage50x
StockFixed Margin400 - 1500 USD
MetalFixed Leverage400x
EnergyFixed Leverage75x
IndexFixed Leverage50x - 200x

Magic Compass Fees

Magic Compass spreads

Each trading product has a different spread. For more details, please refer to the contract information on the official website.

Breed typeSymbolContract sizeAverage Spread
FXEURUSD.g100000 base currency2.1
GBPUSD.g2.7
CryptoBTCUSDT1Float
ETHUSDT20
StockAAPL100 share0.4
BIDU0.7
MetalXAUUSD.g100 ounce0.5
XAGUSD.g5000 ounce0.04
EnergyUKOIL.g1000 barrels0.05
USOIL.g1000 barrels0.05
IndexHK50.g50 HKD/spot10
GER30.g10 EUR/spot3.8

Non-Trading Fees

Non-trading Fees Magic Compass
Deposit Fee $100(Min)
Withdrawal Fee Normal circumstances:Fee waivedWithdrawal amount is less than $50:$3 feeTrading volume (closed position margin) is less than 50% of the total deposit:10% fee of the withdrawal amount
Inactivity Fee None

Trading Platform

Magic Compass provides the MT4 and Magic Compass investment APP.

Trading PlatformSupported DevicesKey Features
MT4PC· Real-time Synchronization of International Market
IOS· Diverse Financial Products
Android· Smart Trading System
Web browser· In-depth Analysis Function
Magic Compass investment APPAndroid· Support Transactions of Various Types
iOS· Support EA SmartTransaction
· Audible Reminder ofReaching Set-price
· Powerful Chart Analysis Function
· Friendly and IntuitiveTrading Interface
· Excellent TransactionExecution Function

Deposit and Withdrawal

Magic Compass has a minimum deposit requirement of $100 and may charge withdrawal fees depending on the circumstances.

Deposit

TypeMinimum/Maximum Limit
DepositMinimum deposit: $100 per transaction
Fast/Bank TransferMaximum deposit: $7,000 per transaction
CryptocurrencyMaximum deposit: $30,000 per transaction

Withdrawals

Withdrawals have no amount limit but may incur a fee. Deposits are unlimited and can be made anytime. Withdrawals are processed during financial department hours (Monday to Friday, 09:00-18:00), typically within 1 business day, depending on bank processing time (1-3 business days).

News

ReviewAI and Storage Demand in Resonance as the S&P 500 and Dow Hit New Record Highs

Market OverviewStrong and persistent AI-related demand once again lifted market sentiment. All three major U.S. equity indices extended their rally, with both the SP 500 and the Dow Jones Industrial A

WikiFX
2026-01-07 09:36
AI and Storage Demand in Resonance as the S&P 500 and Dow Hit New Record Highs

ReviewISM Manufacturing PMI Report: Key Takeaways

This week marks a heavy slate of macroeconomic data releases. On December 5, the December ISM Manufacturing PMI was published, coming in at 47.9, down 0.3 points month over month, and marking the lowe

WikiFX
2026-01-06 10:53
ISM Manufacturing PMI Report: Key Takeaways

ReviewVenezuela Shock Triggers Safe-Haven Flows as the Dow Breaks 49,000 for the First Time

Market OverviewGlobal markets experienced heightened volatility yesterday following a sudden escalation in Venezuelas political turmoil. Reports that President Nicolás Maduro had been detained sharply

WikiFX
2026-01-06 10:37
Venezuela Shock Triggers Safe-Haven Flows as the Dow Breaks 49,000 for the First Time

ReviewYear-End SRF Usage Hits a Record High

The Federal Reserves Standing Repo Facility (SRF) saw its usage surge to USD 74.6 billion on the final trading day of 2025, marking an all-time high. At first glance, such a figure may trigger concern

WikiFX
2026-01-02 10:21
Year-End SRF Usage Hits a Record High

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Eagle Lin
more than one year
这是套牌经纪商,假的,诈骗,虚假网站,官网根本不是这个
这是套牌经纪商,假的,诈骗,虚假网站,官网根本不是这个
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2025-09-27 04:44
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Eagle Lin
more than one year
套牌行骗,假冒,真官网登录不上我的账户
套牌行骗,假冒,真官网登录不上我的账户
Translate to English
2025-09-25 15:51
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