Home -
Magic Compass -

Score

4.58 /10
Average

Magic Compass

Cyprus

10-15 years

Regulated in Seychelles

Derivatives Trading License (EP)

MT4 Full License

Regional Brokers

Medium Risk

Offshore Regulation

https://web.mcint-as.com

Benchmark

AAA

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index4.73

Business Index7.43

Risk Management Index6.55

Software Index6.87

License Index4.03

Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

Magic Compass GLOBAL CAPITAL LLC

Company Abbreviation

Magic Compass

Platform registered country and region

Cyprus

Company website

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2026-08-23
  • This broker is regulated in an offshore jurisdiction with a light-touch supervisory framework. Please be aware of the risks!

WikiFX Survey

Good

Magic Compass

Cyprus

WikiFX Verification

Magic Compass · Benchmark
Average transaction speed(ms)
1306.4 Poor
The highest transaction speed(ms)
1079 Poor
The highest speed of opening positions(ms)
1089 Poor
The highest speed of closing position(ms)
1079 Poor
The lowest speed of opening positions(ms)
1967
The lowest speed of closing position(ms)
1997 Poor
Ranking： 15 / 113
Test user 295
Transactions 5,756
Ocuppied margin $1,555,043 USD
Data Source WikiFX Data provide
Updated: 2026-08-21 01:08:00
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

ReviewBessent Sends Flurry of Policy Signals as Treasury’s Buyback Toolkit Remains Far From Exhausted

[Figure 1: Illustration of U.S. Financial Markets]On Thursday, August 20, U.S. Treasury Secretary Scott Bessent delivered a series of policy signals spanning both the Treasury market and the administr

WikiFX
2026-08-21 10:20
Bessent Sends Flurry of Policy Signals as Treasury’s Buyback Toolkit Remains Far From Exhausted

ReviewU.S. Stocks Fall as Treasury Yields Surge; Bitcoin Tops $72K, Oil Prices Rally

Market OverviewU.S. equities moved lower across the board on Thursday. The Dow Jones Industrial Average fell 1.32% to close at 52,759, the SP 500 declined 0.87% to 7,641, and the Nasdaq Composite lost

WikiFX
2026-08-21 09:59
U.S. Stocks Fall as Treasury Yields Surge; Bitcoin Tops $72K, Oil Prices Rally

Review30-Year U.S. Treasury Yield Hits Highest Level Since 2007

On August 18, 2026, the 30-year U.S. Treasury yield surged to 5.33%, its highest level since 2007. Long-term yields in the U.K., France, Germany, and Japan also moved higher, adding to global market a

WikiFX
2026-08-20 10:27
30-Year U.S. Treasury Yield Hits Highest Level Since 2007

ReviewU.S. Treasury Steps In as Stocks Rebound; Moderna Soars Nearly 180%

Market OverviewThe U.S. Treasury announced an increase in the cap on its long-term Treasury buyback operations, a move widely interpreted by markets as an indirect effort to rein in long-end yields. T

WikiFX
2026-08-20 09:26
U.S. Treasury Steps In as Stocks Rebound; Moderna Soars Nearly 180%
About More

User Reviews

More

User comment

4

Comments

Write a review

Scott Walker
more than one year
Peace of mind knowing Magic Compass is CySEC regulated, ensuring my funds are protected. Negative balance protection? Huge plus! No way I'm losing more than I deposit.😃
Peace of mind knowing Magic Compass is CySEC regulated, ensuring my funds are protected. Negative balance protection? Huge plus! No way I'm losing more than I deposit.😃
Translate to English
2024-06-28 14:30
Reply
0
0
William Johnson
more than one year
Magic Compass's mobile app is great, but I'm cautious about their regulatory standing. It works well, but there's always that nagging doubt.
Magic Compass's mobile app is great, but I'm cautious about their regulatory standing. It works well, but there's always that nagging doubt.
Translate to English
2024-06-26 13:52
Reply
0
0