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Magic Compass

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3.5
(4 Reviews)

Founded: 2016 Min Deposit: 100 USD

Headquarters: Limassol, Cyprus Max Lev: 1 : 20

Score
Business Scope
3.5
Trading Cost
3.5
Trading Platforms
3.5
Support
3.5
Licence Status

single regulation

CySEC 299/16
Authorised
Contact
+357 25023880
info@magiccompass.com
Multiple Trading Instruments
CFD Products
Leverage Limit
Negative Balance Protection
Trading Education Program
No Deposit Fee
Overview

Introduction to Magic Compass

Founded by a team of professionals with a passion for financial markets, Magic Compass is proud to deliver our traders an effective and user-friendly trading experience.

With an easy access to the award-winning MetaTrader 4 platform, traders can enjoy our convenient and easy-to-navigate platform as well as take advantage of the various analytics and trading tools.

We are regulated by the European Regulator, Cyprus Securities and Exchange Commission and adhere to strictest controls in the European Union.

ABOUT US

Magic Compass Ltd is a licensed investment firm, adhering to the rigorous regulation imposed by the Cyprus Securities and Exchange Commission.

Our firm offers a range of services:

  • Reception and transmission of orders in relation to one or more financial instruments
  • Execution of orders on behalf of clients
  • Dealing on own account
  • Portfolio management

Ancillary Services:

  • Safekeeping and administration of financial instruments, including custodianship and related services
  • Granting credits or loans to one or more financial instruments, where the firm granting the credit or loan is involved in the transaction
  • Foreign exchange services where these are connected to the provision of investment services
  • Ιnvestment research and financial analysis or other forms

OBJECTIVES /MISSIONS

By providing the adequate trading tools for the retail, corporate and professional investors and adhering strictly to a non-conflict of interest policy we continuously strive for transparency, best execution and favourable liquidity for our clients.

Overall Score

3.5
4 Reviews

Cost 3.5

Platforms 3.5

Deposit & Withdrawal 3.5

Customer Support 3.5

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4 Reviews Clear filter

Tatiana Theodosiou
0-6 months Raw Spread Account Belize
My impression of it is rather positive. I hope I won’t change my opinion about Magic Compass in the future. I trade AUD/USD and NZD/USD only. Perhaps, in the future I will start trading more assets. In particular, I would like to trade gold and silver.
Aug 25, 2023
Reply
Xianwei
7-12 months Silver Account Croatia
Very happy to be their customer! They are very professional people and their support is endless. I am already suggesting that my friends start trading in Forex and choose Magic Compass as their broker.
May 25, 2023
Reply
Sean Lawson
7-12 months Silver Account Colombia
When changing brokers, I did a lot of research and finally chose this company. Their customer service left a very positive impression on me. I use live chat, and it's always fast and helpful. They understand the value of customer service. In addition, they provide with very tight spreads, a large number of currency pairs, market news and flexible terms. They won my business.
May 19, 2023
Reply
Ondela
1-3 years Silver Account Egypt
I have more than 2 years of experience in Magic Compass. From having a personal gold account, I have never had any problems with the broker.Over the years, Magic Compass provides me with the best technical support, and has always been the top priority of customers in terms of deposits and withdrawals.In general, I highly recommend the Magic Compass market. I hope it can become the world's top brokers in the future.
May 06, 2023
Reply
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