Item: Magic Compass
Rating: 5.78

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Benchmark

Average transaction speed(ms)

164.1 Perfect

The highest transaction speed(ms)

92 Great

The highest speed of opening positions(ms)

97 Great

The highest speed of closing position(ms)

92 Great

The lowest speed of opening positions(ms)

782 Great

The lowest speed of closing position(ms)

1025 Good

0USD/Lot

23.55USD/Lot Perfect

Long: -1.37USD/Lot Short: -1.63USD/Lot Great

Long: -2.25USD/Lot Short: -0.75USD/Lot Great

Average slippage

0.6 Good

Maximum transaction slippage

0 Perfect

Maximum positive slippage

0

Maximum negative slippage

0 Perfect

Average disconnection frequency (times/day)

0.6 Great

Average reconnection time (millisecond/per request)

43.3

Ranking： 5 / 125

Test user 270

Orders 2,587

Ocuppied margin $210,012 USD

Data Source

WikiFX Data provide

Updated： 2025-04-11 01:00:00

Website

magicspro.com

Server Location

United States
Most visited countries/areas

--
Website Domain Name

magicspro.com
ICP registration

--
Website

--
Company

--
Domain Effective Date

--
Server IP

15.197.148.33
mcint-as.com

Server Location

China
Most visited countries/areas

--
Website Domain Name

mcint-as.com
ICP registration

--
Website

--
Company

--
Domain Effective Date

--
Server IP

114.67.78.46
prowayints.com

Server Location

United States
Most visited countries/areas

--
Website Domain Name

prowayints.com
ICP registration

--
Website

--
Company

--
Domain Effective Date

--
Server IP

15.197.148.33

Genealogy

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Clones

7

Suspicious Clone

Relevant Enterprises

Company name	Related sources	Registration No.	Established
MAGIC COMPASS LTD(Colorado (United States)) (undefined) Active United States	Website Announcement	20221781175	2022-08-12
MAGIC COMPASS (PTY) LTD(Cyprus) (undefined) Active Cyprus	Website Announcement	HE393160	2019-01-09

Employees

POINT BREAK SECRETARIAL SERVICES LTD

Secretary

Start date

--

Status

Employed

MAGIC COMPASS (PTY) LTD(Cyprus)

BINYING CHEN

Director

Start date

--

Status

Employed

MAGIC COMPASS (PTY) LTD(Cyprus)

Company Summary

Company profile

Proway Global Capital LLC, with over ten years of profound experience in the financial industry, provides professional localized services. We are licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC, License No.: 299/16), the Seychelles Financial Services Authority (FSA, License No.: SD184), Canadian Fintrac MSB (License No.: M22044625), and the Financial Services Authority FSA of Saint Vincent and the Grenadines (Registration No.: 360LLC2020), ensuring the legality and security of transactions. We have service locations in different countries and cities worldwide. We offer clients the MT4 and our proprietary APP trading platforms, covering over 50 popular global financial products including forex, gold, silver, crude oil, indices, cryptocurrencies, and U.S. stocks. With multiple global locations, we provide 24-hours online customer service support, always ready to address client inquiries and ensure hassle-free trading experience.

Keywords

5-10 years
Regulated in Seychelles
Retail Forex License
MT4 Full License
MT5 Full License
Self-developed
Regional Brokers
Medium potential risk
Offshore Regulated

Magic CompassReview Summary
Founded	2015
Registered Country/Region	Cyprus
Regulation	CySEC, Seychelles Financial Services Authority, Canadian Fintrac MSB
Market Instruments	Forex, Gold, Silver, Crude Oil, Indices, Cryptocurrencies, U.S. Stocks, Offshore Chinese Yuan, Metals, Shares
Demo Account	✅
Leverage	Up to 1: 400
Spread	EUR/USD: The average spread is 2.1 pips.
Trading Platform	MT4 & Magic Compass investment APP
Min Deposit	$100
Customer Support	24/7 online consultation with a professional customer service team
	We Chat Official Accounts

Magic Compass Information

Magic Compass, founded in 2015, is an international electronic trading company. The company is regulated offshore by FSA. Its trading instruments cover over 50 popular products including forex, gold, oil, etc.

Pros and Cons

Pros	Cons
Diverse Instruments	Limited customer support channels
Support MT4	Residents or passport holders from jurisdictions including Canada, the United States, and Belgium are unaccepted.
STP Forex Trading Platform
Self-developed trading APP software
24/7 online consultation

Is Magic Compass Legit?

Magic Compass claims to be regulated by CySEC, Canadian Fintrac MSB, and the St. Vincent and the Grenadines Financial Services Authority (FSA). As verified by WikiFX, its license is regulated by the Seychelles Financial Services Authority.

What Can I Trade on Magic Compass?

Magic Compass offers multiple popular products for traders, including forex, gold, silver, crude oil, indices, cryptocurrencies, U.S. stocks, and more.

Tradable Instruments	Supported
Stocks	✔
Forex	✔
Funds	❌
Bonds	❌
Futures	✔
Cryptocurrencies	✔
Precious metals & Commodities	✔
Indices	✔

Leverage

Each trading product has a different leverage, with a maximum of 1:400.

Breed type	Margin Mode	Margin/Leverage
FX	Fixed Leverage	400x
Crypto	Fixed Leverage	50x
Stock	Fixed Margin	400 - 1500 USD
Metal	Fixed Leverage	400x
Energy	Fixed Leverage	75x
Index	Fixed Leverage	50x - 200x

Magic Compass Fees

Magic Compass spreads

Each trading product has a different spread. For more details, please refer to the contract information on the official website.

Breed type	Symbol	Contract size	Average Spread
FX	EURUSD.g	100000 base currency	2.1
FX	GBPUSD.g	100000 base currency	2.7
Crypto	BTCUSDT	1	Float
Crypto	ETHUSDT	20	Float
Stock	AAPL	100 share	0.4
Stock	BIDU	100 share	0.7
Metal	XAUUSD.g	100 ounce	0.5
Metal	XAGUSD.g	5000 ounce	0.04
Energy	UKOIL.g	1000 barrels	0.05
Energy	USOIL.g	1000 barrels	0.05
Index	HK50.g	50 HKD/spot	10
Index	GER30.g	10 EUR/spot	3.8

Non-Trading Fees

Non-trading Fees	Magic Compass
Deposit Fee	$100（Min）
Withdrawal Fee	Normal circumstances：Fee waivedWithdrawal amount is less than $50：$3 feeTrading volume (closed position margin) is less than 50% of the total deposit：10% fee of the withdrawal amount
Inactivity Fee	None

Trading Platform

Magic Compass provides the MT4 and Magic Compass investment APP.

Trading Platform	Supported Devices	Key Features
MT4	PC	· Real-time Synchronization of International Market
	IOS	· Diverse Financial Products
	Android	· Smart Trading System
	Web browser	· In-depth Analysis Function
Magic Compass investment APP	Android	· Support Transactions of Various Types
	iOS	· Support EA SmartTransaction
		· Audible Reminder ofReaching Set-price
		· Powerful Chart Analysis Function
		· Friendly and IntuitiveTrading Interface
		· Excellent TransactionExecution Function

Deposit and Withdrawal

Magic Compass has a minimum deposit requirement of $100 and may charge withdrawal fees depending on the circumstances.

Deposit

Type	Minimum/Maximum Limit
Deposit	Minimum deposit: $100 per transaction
Fast/Bank Transfer	Maximum deposit: $7,000 per transaction
Cryptocurrency	Maximum deposit: $30,000 per transaction

Withdrawals

Withdrawals have no amount limit but may incur a fee. Deposits are unlimited and can be made anytime. Withdrawals are processed during financial department hours (Monday to Friday, 09:00-18:00), typically within 1 business day, depending on bank processing time (1-3 business days).

News

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2025-04-09 10:42