Brokers  /  MAGIC COMPASS

MAGIC COMPASS

Moderate risk
🇨🇾 Cyprus · 2-5 years · since 2021-07-15 · Magic Compass GLOBAL CAPITAL LLC
FSA
—/5
★★★★★ ★★★★★
2 reviews ›
1
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
34/100
Scam risk ›
10
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX4.51/10
Trustpilot—/5
Forex Peace Army—/5
34
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Limited public information available
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing5535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)4710%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMagic Compass GLOBAL CAPITAL LLC
Headquarters🇨🇾 Cyprus
Founded2021-07-15
Years operating2-5 years
Employees0
Official website—
Trading conditions
Avg execution speed1310.7 ms D
Avg slippage-13.5 AA
Swap ratingAAA
Trading cost ratingAA
Monitored traders253
Monitored orders7,960
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSADerivatives Trading License (EP)SD184SeychellesOffshore Regulation

Review analysis AI

Across 2 recent Trustpilot reviews, 0% are 1–2 star. We also found 10 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users praise
Where reviewers are from
Nigeria1
United Kingdom1

Real user reviews

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About MAGIC COMPASS

MAGIC COMPASS is a forex and CFD broker based in Cyprus, with records dating to 2021-07-15. It reports oversight from FSA.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Finally, beware of impersonation: we tracked 10 clone website(s) copying MAGIC COMPASS. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full MAGIC COMPASS review