Magic Compass Review

Updated: June 9, 2026
Magic Compass
Views239

Fast Facts

Founded:
2016
Headquarters:
Cyprus
Regulations:
CySEC (Cyprus)

Contact Info and Support

Traffic information

CategoryMetricsMeaning
RatingsGlobal Rank12373566
Country Code-
Country Rank-
Category Rank-
Engagement metricsVisits120
Bounce Rate0.3763
Pageviews per Visit2.43
Avg. Visit Duration82.69
Estimated monthly visitsFebruary 20260
March 20261487
April 2026120
Top countriesVietnam (VN)100%
Traffic sourcesSocial-
Paid Referrals-
Mail-
Referrals-
Search-
Direct-
Top keywordsmc group magic compass group30 ◦ $20

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 .

Page loaded in 452.00 ms