MAGIC COMPASS Review — Overview
MAGIC COMPASS is a forex & CFD broker based in Australia, established in 2024. On Trust Broker Hub it holds a Trust Score of 0.9 out of 10, which we rate as Unrated — below the 4.9/10 average for brokers that hold a verified licence. Too little verified information to rate — that is not a warning about this firm, and not a green light either.
We could not verify any regulatory licence for MAGIC COMPASS. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.
MAGIC COMPASS provides access to Foreign exchange, precious metals, crude oil, indices. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, we hold too little verified information about MAGIC COMPASS to say whether it is safe. Verify its licence with the regulator directly before depositing anything.
Trust score breakdown
How is this calculated?We could verify only 1 of 10 facts about MAGIC COMPASS, so its score is scaled down. A missing licence, undisclosed trading terms or no track record cannot earn marks — absence of bad news is not evidence of safety.
Trust Score history
MAGIC COMPASS currently scores 0.9/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- No unresolved complaints on record
- Live website and reachable support channels
- Listed in our verified broker directory
Cons
- No verified regulatory licence on record
- Very short operating history (under 2 years)
- Trading conditions and fees not publicly disclosed
Regulation
No regulatory licence on record for MAGIC COMPASS. Treat with caution and verify before depositing.
MetaQuotes registry
- Registration number
- 52819209
- Registered address
- Unit 901, 9/F, Central Plaza, 18 Harbour Road, Wan Chai, Hong Kong
- Offices
- Hong Kong
- Status (per MetaQuotes)
- Non-regulated
- Website
- www.magiccompass.hk
- contact@magiccompass.hk
- Abuse reports
- complaints@magiccompass.hk
- Phone
- +852 23927848
Company details come from the broker's listing in MetaQuotes' MetaTrader 5 directory. A MetaQuotes listing is not a regulatory licence; see the Regulation section above for verified licences.
Trading conditions
| Instruments | Foreign exchange, precious metals, crude oil, indices, cryptocurrencies |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Not disclosed |
| Platforms | Not disclosed |
| Demo account | Not disclosed |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on MAGIC COMPASS
Not enough verified information to rate
MAGIC COMPASS does not hold a verified regulatory licence on record. Based in Australia, it has been operating for about 2 years. We hold too little verified information about MAGIC COMPASS to publish a verdict on it. Its Trust Score of 0.9/10 reflects that absence of evidence, not any finding against the firm — and it is not a clean bill of health either.
- Nothing verified yet — we are still looking for licence and disclosure records
- No verified regulatory licence on record — funds may lack protection
- Short operating history (2 years)
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
MAGIC COMPASS — Questions & Answers
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