Review summary
Magic Compass (operating as MC900) is a brokerage entity established 5-10 years ago and registered in Cyprus. According to WikiFX data, the broker operates with an unverified regulatory status and holds a market making license from the Cyprus Securities and Exchange Commission (CYSEC) that is similarly marked as 'Unverified' rather than active. The WikiFX assessment score of 1.50 reflects significant concerns, primarily due to the absence of a confirmed, valid regulatory authorization for its stated business scope. This entity operates without demonstrable oversight from a recognized financial authority, presenting a fundamental lack of investor protection frameworks. Consequently, engaging with this broker involves accepting a high degree of operational and financial risk. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-10)




