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Magic Compass Information Revealed

WikiFX | 2026-04-20 22:38

Abstract: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 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).

LeverageBrokerDealer

Related broker

Regulated
MAGIC COMPASS
Company name:Magic Compass GLOBAL CAPITAL LLC
Score
7.61
Website:https://web.mcint-as.com/
10-15 years | Regulated in Cyprus | Regulated in Seychelles | Market Making License (MM)
Score
7.61

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