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How's Trade Magic commission rate????
Yacin Wang
China
2026-07-07
ANSWER Dear Investor, Trade Magic claims to be operated by Trade Magic LLC and has not made any claims regarding regulatory information, merely providing a registered address in Anguilla. Upon searching the Anguilla Commercial Registry (ACORN), we found this entity, but its registration status is currently "Struck off and Dissolved." Furthermore, even if this entity were still active, it would merely indicate an International Business Company (IBC) registration, which does not mean it holds any financial license. Anguilla does not have a regulatory authority to oversee forex trading or issue financial licenses. In reality, Trade Magic does not have any regulatory authorization or broker credentials. Therefore, we strongly advise you to avoid trading with such a broker to protect your funds.
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Does Trade Magic have any regulation?
Mohd Hafidz Essam
Turkey
2025-12-31
ANSWER Dear Investor, Trade Magic does not appear to be a reliable or secure trading platform. While its website indicates registration in Anguilla, it provides no verifiable regulatory information related to financial services or forex trading oversight. Our investigation confirmed the existence of Trade Magic LLC in the Anguilla Commercial Registry (ACORN). However, it is crucial to understand that registration with ACORN only grants International Business Company (IBC) status. This type of registration does not constitute a financial license, and the ACORN registry does not regulate or authorize entities to offer any investment services. Trade Magic is in essence unlicensed by any recognized financial regulatory authority. Operating without proper regulatory authorization exposes clients to significant risks. Given these serious concerns, we strongly recommend that you avoid engaging in any trading activity with Trade Magic.
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.