Magic Compass Review
100
Fast Facts
Contact Info and Support
Traffic information
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| Ratings | Global Rank | - |
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| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
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| Avg. Visit Duration | 0 | |
| Estimated monthly visits | December 2025 | 0 |
| January 2026 | 0 | |
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| Traffic sources | Social | - |
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| Top keywords | magic compass | 260 ◦ $110 |
| magic compass ltd | 80 ◦ $70 | |
| magic compass affiliate program | 50 ◦ $40 | |
| trading compass | 350 ◦ $0 |
About Magic Compass
Magic Compass Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), holding licence number 299/16. The firm offers CFDs on more than 90 instruments, including forex, commodities, indices, precious metals, energies, and spot indices, with floating spreads starting from 0.1 pips .
The broker provides three live account types—Silver, Gold, and Raw Spread—with minimum deposits of USD 100, USD 2 500, and USD 5 000 respectively. Leverage options range from 1:5 to 1:20. All accounts feature negative balance protection; margin call is set at 80% and stop‑out level at 50%. Swap‑free (Islamic) accounts are not offered. Trading platforms available include MetaTrader 4 and the proprietary mobile “MCtrader” app. Deposits and withdrawals are processed via bank wire, with base currencies USD, EUR, and GBP; demo accounts are available with virtual balances up to USD 100 000 .
Who it’s for
- Retail CFD traders based in Europe leveraging an EU‑regulated broker offering MiFID II passported services across the EU .
- Traders seeking low‑spread accounts with moderate leverage (up to 1:20) and negative balance protection .
- Clients preferring mobile trading via a proprietary app alongside the widely used MetaTrader 4 platform .
Pros and cons
Pros
- Regulated by a recognised EU regulator (CySEC) with MiFID II passporting and participation in the Cyprus Investor Compensation Fund (ICF) offering compensation up to €20 000 per client .
- Offers negative balance protection and segregated client funds .
- Very low starting spreads (from 0.1 pips) and range of account options suiting different trader profiles .
Cons
- Leverage is capped at 1:20, lower than some competitors offering much higher levels .
- No swap‑free account option available, which may not suit traders requiring Islamic-compliant accounts .
- Limited transparency on platform options beyond MT4 and mobile app; cTrader is mentioned in some external reviews but not confirmed via primary sources .
