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Magic Compass

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7.5
(4 Reviews)

Founded: 2016 Min Deposit: 100 USD

Headquarters: Limassol, Cyprus Max Lev: 1 : 20

Score
Business Scope
6.0
Trading Cost
7.0
Trading Platforms
7.3
Support
7.8
Licence Status

single regulation

CySEC 299/16
FCA 771683
Authorised
EEA Authorised
Contact
+357 25023880
info@magiccompass.com
https://www.magiccompass.com/
Multiple Trading Instruments
CFD Products
Leverage Limit
Negative Balance Protection
Trading Education Program
No Deposit Fee
Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Deposit and Withdrawal

8.0

Very Good

free deposits

Features

No Deposit Fee
No Withdrawal Fee

Company and Service

6.5

Average

English language support

Profile
Headquarters Address
Sarlo 9, Ayios Athanasios, 4106 Limassol, Cyprus
Founded 2016
Broker Type
MM/DD
Time Zone GMT+2,GMT+3
Credit Profile No information
Trading Platforms
MT4
Mac,  Windows,  iOS,  Android
Contact
No Data
Others
Website Language
Chinese,  English,  German,  Polish
Customer Service By
Phone,  Email,  Web Form
Supported Language
English

Related Complaints

Q&A

Swap free? :)

Tobias Roscoe
Portugal
2022-07-29
ANSWER Magic Compass is owned and operated by Magic Compass Ltd, a Cyprus investment firm supervised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 299/16.As for the question you asked, we recommend that you ask the official customer services directly for a more accurate answer. For more details on this broker, please check our full Magic Compass review.
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Is eWallet one of the acceptable payment methods at Magic Compass?

AliMohammed
Bulgaria
2022-06-21
ANSWER Magic Compass is owned and operated by Magic Compass Ltd, a Cyprus investment firm supervised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 299/16.As for the question you asked, we recommend that you ask the official customer services directly for a more accurate answer. For more details on this broker, please check our full Magic Compass review.
See more

Overall Score

7.5
4 Reviews

Cost 7.0

Platforms 7.3

Deposit & Withdrawal 8.0

Customer Support 7.8

Indicates the average level of Brokers

Keywords for selection

4 Reviews

Sort by
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.
2023-08-25
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.
2023-05-25
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.
2023-05-19
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.
2023-05-06
Reply
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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.