MC Prime Review

Account types

Deposits / Withdrawals

• Deposit Methods: Bank Wire Transfer, Tether, Local Transfers
• Withdrawal Methods: Bank Wire Transfer, Local Transfers, Tether
• Account Currencies: USD

About MC Prime

MC Prime is a contracts‑for‑difference provider under the Magic Compass Group, operating via mc-prime.com (regional site: vn.mc-prime.com). The brand’s materials state access to CFDs on forex, precious metals, energies, indices, cryptocurrencies and stocks, delivered through its mobile trading app. Platform support includes MetaTrader 5, and selected account types indicate MetaTrader 4 availability. Negative Balance Protection is described for the app. Official site, Official site

Regulatory footprint: Magic Compass Global Ltd is listed by the Financial Services Authority of Seychelles as a Securities Dealer; the group specifies Securities Dealer licence SD184. The group also discloses a Cyprus Securities and Exchange Commission investment firm licence for Magic Compass Ltd (No. 299/16). FSA Seychelles, Licenses (group site), CySEC (firm info)

Accounts and trading conditions shown on the official pages include: Standard (minimum deposit 50 USD, spreads from 0.2, leverage up to 1:500, MT5), Raw (minimum deposit 2,000 USD, spreads from 0.0 with a 7 USD commission/admin fee, leverage up to 1:200, MT5), US Cent (minimum deposit 50 USD, leverage up to 1:200, MT5), and a Basic account (minimum deposit 50 USD, leverage up to 1:200, MT4). Product lists for these accounts cover forex, metals, crypto, energies and indices; minimum order size 0.01 lots, with a stated maximum per order of 20 lots (5 lots for crypto) and a margin‑call threshold of 30%. Copy‑trading materials indicate STP‑type accounts are used for signal providers. Official site, Official site

Leverage disclosures are inconsistent across the brand’s pages: the account pages cite up to 1:500 for Standard and up to 1:200 for Raw/US Cent, while a promotional landing page advertises leverage “up to 1:1000.” (Regulators do not specify these figures on the cited registers.) Official site, Official site

Past promotions included a “Zero Swap” campaign for the period 05/2024–03/2025; the page describes time‑limited overnight‑interest rebates and conditions. (This was a dated promotion and not a standing swap‑free/Islamic policy statement.) Official site

Who it’s for

• Traders seeking an MT5 setup (and selected MT4 availability) with a mobile app for CFD trading across forex, metals, energies, indices and crypto. Official site
• Beginners who prefer small trade sizes via a cent‑denominated account and a 50 USD minimum deposit. Official site
• Experienced traders who want raw‑spread pricing with an explicit commission and higher minimum deposit. Official site
• Users interested in copy trading with STP‑type accounts serving as signal providers. Official site

Pros and cons

Pros

• Group disclosures include FSA Seychelles Securities Dealer licence SD184 and a CySEC licence 299/16 for a related entity in the group. Licenses (group site), FSA Seychelles
• Multiple account types with clearly stated minimum deposits, spreads and platform pairing (MT5/MT4). Official site
• Stated Negative Balance Protection on the app. Official site

Cons

• Leverage information differs across pages (account pages vs. promotional landing). Official site, Official site
• Withdrawal/administrative fees are shown on some account types and may apply depending on the plan. Official site
• “Zero‑swap” was advertised as a time‑limited promotion (05/2024–03/2025), not a standing Islamic/swap‑free policy. Official site