Basic Information
Registered Region 
Cyprus
CyprusOperating Period
5-10 years
Company Name
Magic Compass GLOBAL CAPITAL LLC
Abbreviation
MAGIC COMPASS
Company employee
--
Customer Service Email Address
cs@prowayint.com
Company Website
Global Broker Regulation Inquiry App
WikiFX
Offshore Regulated
Score
0
1
2
3
4
5
6
7
8
9
.
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
/10
MAGIC COMPASS
Cyprus
|
5-10 years
|
Environment AAA
|
Regulated in Seychelles
|
Retail Forex License
|
MT4 Full License
|
Regional Brokers
|
Medium potential risk
|
Offshore Regulated
https://pro.mcint-as.com/
Website
Rating Index
Environment
Environment
AAA
Average transaction speed (ms)
995.6
Poor
MT4/5
Full License
MagicCompass-Live
China
7
Environment
Speed：D
Slippage：AA
Cost：C
Disconnected：C
Rollover：AAA
MT4/5 Identification
MT4/5 Identification
Full License
7
Server Name
MagicCompass-Live MT4
Server Location China
ChinaContact
cs@prowayint.com
https://pro.mcint-as.com/
https://www.facebook.com/profile.php?id=100085323955135
LicensesLicensed Entity：Magic Compass Global Ltd
License No. SD184
VPS Standard
No restriction on the broker account
Single Core
1G
40G
1M*ADSL
Open
WikiFX Risk Alerts
- The Seychelles FSA regulation with license number: SD184 is an offshore regulation. Please be aware of the risk!
Related Software
Environment
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
News
Comment
MT4/5
Full License MT4
2
MT4 Servers
0
MT5 Servers
116.14
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 4
Perfect
Users who viewed MAGIC COMPASS also viewed..
Vantage
8.82
Score
ECN Account 10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Vantage
Score
8.82
ECN Account 10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
AVATRADE
9.50
Score
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
AVATRADE
Score
9.50
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
IC Markets Global
9.09
Score
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
IC Markets Global
Score
9.09
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
TMGM
8.55
Score
ECN Account 10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
TMGM
Score
8.55
ECN Account 10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
Environment
Average transaction speed(ms)
995.6
Poor
The highest transaction speed(ms)
61
Great
The highest speed of opening positions(ms)
64
Great
The highest speed of closing position(ms)
61
Great
The lowest speed of opening positions(ms)
1999
Poor
The lowest speed of closing position(ms)
1999
Poor
0USD/Lot
25.83USD/Lot
Perfect
Long: -1.37USD/Lot
Short: -1.63USD/Lot
Great
Long: -2.75USD/Lot
Short: -0.75USD/Lot
Great
Average slippage
-7.5
Good
Maximum transaction slippage
0
Perfect
Maximum positive slippage
0
Maximum negative slippage
0
Perfect
Average disconnection frequency (times/day)
1.4
Good
Average reconnection time (millisecond/per request)
50.8
Ranking：
16 / 119
Test user
210
Orders
19,895
Ocuppied margin
$1,148,081 USD
Data Source 
WikiFX Data provide
WikiFX Data provideUpdated： 2025-12-10 01:00:00
Website
magicspro.com
15.197.148.33- 114.67.78.46
- 15.197.148.33
prowayint.com
47.242.65.193- 8.210.233.156
Genealogy
Subscribe in the App to unlock!Download APP
8
Unverified
Red Lion Capital
1.52
Score
5-10 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk
Unverified
RED LION CAPITAL
1.52
Score
5-10 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk
Unverified
Magic Compass
1.45
Score
2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk
Relevant Enterprises
MAGIC COMPASS LTD(Colorado (United States))
Active
United States
Registration No.
20221781175
Established
MAGIC COMPASS (PTY) LTD(Cyprus)
Active
Cyprus
Registration No.
HE393160
Established
Employees
Company Summary
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
- 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 |
| GBPUSD.g | 2.7 | ||
| Crypto | BTCUSDT | 1 | Float |
| ETHUSDT | 20 | ||
| Stock | AAPL | 100 share | 0.4 |
| BIDU | 0.7 | ||
| Metal | XAUUSD.g | 100 ounce | 0.5 |
| XAGUSD.g | 5000 ounce | 0.04 | |
| Energy | UKOIL.g | 1000 barrels | 0.05 |
| USOIL.g | 1000 barrels | 0.05 | |
| Index | HK50.g | 50 HKD/spot | 10 |
| 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 Federal Reserve Cuts Rates by 25 bps as Internal Divisions Hit 37-Year High
The Federal Reserve delivered a widely expected 25-basis-point rate cut on December 10 and announced the launch of a short-term Treasury purchase program. However, the decision exposed the deepest int
Review Dollar Tumbles as Silver Sets Another Record High
Market OverviewThe Federal Reserve delivered its third rate cut of the year and announced plans to purchase short-term Treasuries, a move widely interpreted as “QE in everything but name.” Chair Powel
Review Federal Reserve Power Reshuffle and a New Tariff Landscape
U.S. political and economic signals have once again moved to the forefront of global market attention. Former President Trump made unusually explicit remarks regarding the selection of the next Federa
Review Market Jitters as Job Openings Unexpectedly Rebound; S&P 500 and Dow Fall for a Second Day
Market OverviewU.S. equities traded mixed as investors turned cautious ahead of the highly anticipated Federal Reserve decision. The SP 500 and Dow Jones Industrial Average slipped for a second consec
Review Escalating Policy Battles and the Corporate Rush for Refund Windows
U.S. politics, tariffs, AI regulation, and monetary policy are converging into a dense cluster of critical policy signals this week. Former President Trump not only hinted that the Supreme Court may s
Review Equities, Bonds, Gold, and Oil Decline Together as U.S. Treasury Yields Hit Two-Month High
Market OverviewRisk sentiment turned cautious ahead of the highly anticipated Federal Reserve meeting, sending all three major U.S. equity indices lower and snapping a four-day winning streak for both
View More
User Reviews 2
No more
Write a review
Exposure
Neutral
Positive
Content you want to comment
Please enter...
Submit now
Comment 2
Write a comment
2
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now