Offshore Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

MAGIC COMPASS

Cyprus | 10-15 years | Trading Env. AAA |

https://web.mcint-as.com/

Website

Open Account Now Time Machine

Rating Index

4.47

Trading Env.

AAA

Average Execution Latency (ms)

1317.7 Poor

MT4/5

Full License

MagicCompass-Live

China

MT4

Trading Env.

Speed：D

Slippage：AA

Cost：AA

Disconnected：C

Rollover：AAA

AAA

MT4/5 Verification

Full License

Server Name

MagicCompass-LiveMT4

Server Location

China

Contact

https://web.mcint-as.com/

Forex License 1

FSA Offshore Regulation

Seychelles Derivatives Trading License (EP)

Licensed Entity：Magic Compass Global Ltd

License No. SD184

VPS Standard

No Broker Account Restrictions

Single Core

40G

1M*ADSL

Open

WikiFX Risk Alerts

2026-07-25

This broker is regulated in an offshore jurisdiction with a light-touch supervisory framework. Please be aware of the risks!

Basic Information

Registered Region

Cyprus

Operating Period

10-15 years

Company Name

Magic Compass GLOBAL CAPITAL LLC

Abbreviation

MAGIC COMPASS

Employees

cs@prowayint.com

Company Website

https://web.mcint-as.com/

Facebook

https://www.facebook.com/profile.php?id=100085323955135

Instagram

https://www.instagram.com/magic__compass/

YouTube

https://www.youtube.com/@magiccompass7608

A Visit to Magic Compass in Cyprus -- Office Found

WikiFX Survey
MAGIC COMPASS

Good

Cyprus

WikiFX Survey
MAGIC COMPASS

Good

Cyprus

Related Personnel

Trading Env.

Verified Site

Relationship Map

Related Companies

Employees

About Us

News

Wiki Q&A

Comment

MT4/5

Full License MT4

MT4 Servers

MT5 Servers

200.14

Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 4

Perfect

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ACY SECURITIES

Score

8.62

15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License

Details

Official Website

Trading Env.

Average Execution Speed(ms)

1317.7 Poor

Minimum Execution Latency(ms)

1075 Poor

Minimum Open Latency(ms)

1091 Poor

Minimum Close Latency(ms)

1075 Poor

Maximum Open Latency(ms)

1997 Poor

Maximum Close Latency(ms)

1996 Poor

0USD/Lot

12.58USD/Lot Perfect

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

Long: -2.75USD/Lot Short: -0.75USD/Lot Great

Average Slippage

-13.6 Good

Max Slippage

0 Perfect

Maximum Positive Slippage

Maximum Negative Slippage

0 Perfect

Avg. Disconnection Frequency (/day)

1.4 Good

Avg. Reconnection Time (ms)

Ranking： 21 / 115

Tested Users 164

Orders 8,019

Used Margin $1,537,227 USD

Data provided by

WikiFX Data provide

Last Updated：2026-07-23 01:00:00

Verified Site

magicspro.com
15.197.148.33
mcint-as.com
114.67.78.46
prowayints.com
15.197.148.33
prowayint.com
47.242.65.193
prowayfx.com
8.210.233.156

Relationship Map

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MAGIC COMPASS

Clones

Unverified

Related Companies

MAGIC COMPASS LTD(Colorado (United States))

Active

United States

Registration No.

20221781175

Est. Date

2022-08-12

MAGIC COMPASS (PTY) LTD(Cyprus)

Active

Cyprus

Registration No.

HE393160

Est. Date

2019-01-09

Employees

POINT BREAK SECRETARIAL SERVICES LTD

Secretary

Appointment Date

Status

Current Employee

MAGIC COMPASS (PTY) LTD(Cyprus)

BINYING CHEN

Director

Appointment Date

Status

Current Employee

MAGIC COMPASS (PTY) LTD(Cyprus)

About Us

Company Profile

Review summary

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.

Company Profile

10-15 years
Regulated in Seychelles
Derivatives Trading License (EP)
MT4 Full License
Regional Brokers
Medium Risk
Offshore Regulation

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

Review Hormuz and Red Sea Face Dual Chokepoint Risks as Middle East Conflict Escalates

[Chart 1: Strait of Hormuz Map]As disruptions to energy shipments through the Strait of Hormuz continue and Yemens Houthi forces threaten to block the Bab el-Mandeb Strait, global oil prices surged ab

2026-07-24 10:36

Review U.S. Stocks Tumble | Brent Crude Breaks $100 | Gold Slips Below $4,050 | Tesla Plunges 14%

Market OverviewThursdays global markets were driven by three major themes.First, U.S. equities closed sharply lower across the board. The Nasdaq fell 2.15% to 25,137.69, the SP 500 declined 1.21% to 7

2026-07-24 09:19

Review U.S.-Iran Tensions Escalate as Trump Threatens Strike on Nuclear Facility

[Chart 1: U.S. and Iran Geopolitical Overview]Tensions between the United States and Iran continue to intensify. U.S. President Donald Trump stated that the United States does not depend on the Strait

2026-07-23 10:21

Review U.S. Stocks Close Lower | Google & Tesla Sink After Hours | Oil Surges | Gold Reclaims $4,130

Market OverviewGlobal markets focused on three major themes on Wednesday.First, earnings from major technology companies painted a mixed picture. Google reported Q2 revenue of $119.8 billion, up 24% y

2026-07-23 09:30

Review New U.S. Tariff Policy Looms as Middle East Conflict Escalates

[Graphic 1: Illustration of President Trump]U.S. Trade Representative Jamieson Greer signaled that the United States is expected to unveil a new tariff framework soon, replacing the temporary 10% univ

2026-07-22 10:30

Review Stocks Rebound, Chips Surge, Oil & Gold Rise

Market OverviewGlobal markets advanced across three major themes on Tuesday.First, U.S. equities staged a broad-based rebound. The SP 500 closed at 7,509.20, up 0.89%, while the Nasdaq Composite gaine

2026-07-22 09:15

Wiki Q&A

Is MAGIC COMPASS safe and reliable?

According to WikiFX data, Magic Compass holds an overall score of 5.05 out of 10 and operates under an Offshore Regulation status via the Seychelles Financial Services Authority (FSA). The broker has been active for 10 to 15 years, offers a full MT4 license with two servers and an average execution speed of 120.71 milliseconds. While these factors indicate a functional trading environment, the lack of oversight from a major financial regulator like the FCA or CySEC means the level of investor protection and dispute resolution is limited. Traders should weigh these points carefully.

07-14

United States

Is MAGIC COMPASS regulated?

Yes, Magic Compass is regulated by the Seychelles Financial Services Authority (FSA) under license number SD184, holding a Derivatives Trading License (EP). This is classified as Offshore Regulation, meaning it does not fall under the jurisdiction of mainstream financial authorities such as the FCA, ASIC, or CySEC. The license provides a legal framework but offers less rigorous oversight and investor safeguards compared to top-tier regulators.

07-14

United States

What is the minimum deposit of MAGIC COMPASS?

The minimum deposit requirement for Magic Compass is not currently publicly disclosed. According to WikiFX data, this information is not listed in available sources. Prospective traders may need to contact the broker directly or refer to their official website for specific deposit thresholds.

07-14

United States

Does MAGIC COMPASS support MT4 or MT5?

Magic Compass supports MetaTrader 4 (MT4) with a full license, as verified by WikiFX data. The broker maintains two MT4 servers and achieves an average execution speed of 120.71 milliseconds. MT5 is not currently offered.

07-14

United States