FSA — Australia
Magic Compass Global Ltd
Offshore Regulation · No. SD184
MAGIC COMPASS Review — Overview
Regulation
Tier-1 regulated
Licence
FSA · No. SD184 • CYSEC
Licence status
Offshore Regulation
Platforms
MT4 & Magic Compass investment APP
Min. deposit
$100
Max. leverage
1:400
Instruments
Forex, Gold, Silver, Crude Oil
Typical spread
EUR/USD: The average spread is 2.1 pips.
Operating
Est. 2015
Entity
Magic Compass Global Ltd
Website
Unknown
MAGIC COMPASS is a forex & CFD broker based in Seychelles, established in 2015. On Trust Broker Hub it holds a Trust Score of 8.8 out of 10, which we rate as Good — above the 5.3/10 average for brokers that hold a verified licence. Solid, well-regulated profile suitable for most traders.
Crucially, MAGIC COMPASS is regulated by FSA, CYSEC and MSB, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
MAGIC COMPASS provides access to Forex, Gold, Silver, Crude Oil. Published conditions include a minimum deposit of $100 and leverage up to 1:400. No complaints are currently on record. Overall, MAGIC COMPASS looks like a credible option — but always verify the licence yourself and start with a small amount.
Trust score breakdown
How is this calculated?
Weighted total
9.30
Data completeness
9 of 10 facts verified
90% ×0.95
Trust Score
8.8 / 10
Trust Score history
MAGIC COMPASS currently scores 8.8/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
CYSEC — Cyprus
Magic Compass Global Ltd
Licence
Tier 2 · Mid
Verified
MSB — Seychelles
Magic Compass Global Ltd
Licence
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, Gold, Silver, Crude Oil, Indices, Cryptocurrencies, U.S. Stocks, Offshore Chinese Yuan, Metals, Shares |
| Minimum deposit | $100 |
| Maximum leverage | 1:400 |
| Typical spread | EUR/USD: The average spread is 2.1 pips. |
| Platforms | MT4 & Magic Compass investment APP |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on MAGIC COMPASS
Our analysis · editorial
8.8/10
Established and well-regulated
MAGIC COMPASS holds a tier-1 regulatory licence among its 3 registrations (FSA, CYSEC, MSB). Based in Seychelles, it has been operating for about 11 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 8.8/10 — a strong, low-risk profile.
Strengths
- Authorised by a tier-1 regulator (FSA, CYSEC, MSB)
- Holds 3 regulatory licences across multiple jurisdictions
- Long 11-year operating track record
- No complaints on record with us
- Supports MT4 & Magic Compass investment APP trading
- Accessible minimum deposit ($100)
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Suitable for most traders — still verify it is licensed to serve your country before depositing.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
MAGIC COMPASS — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag MAGIC COMPASS here if that changes.
Full specifications
Regulated region
Seychelles
Operating period
10-15 years
Licensed entity
Magic Compass Global Ltd
License status
Offshore Regulation
Instruments
Forex, Gold, Silver, Crude Oil, Indices, Cryptocurrencies, U.S. Stocks, Offshore Chinese Yuan, Metals, Shares
Year founded
2015
Frequently asked
Is MAGIC COMPASS a safe broker?
MAGIC COMPASS scores 8.8 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the MAGIC COMPASS trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from MAGIC COMPASS?
MAGIC COMPASS publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.