Corporate Profile
Magic Compass Ltd Was Established In 2016 And Is Headquartered In Cyprus . It Is A Highly Regulated Financial Services Provider. The Company Has A Registered Capital Of 1,000,000 Euros And Holds A CIF License Issued By The Cyprus Securities And Exchange Commission (CySEC) (license Number: 299/16). As A Company With Extensive Experience In The Financial Industry, Magic Compass Ltd Focuses On Providing A Safe And Transparent Trading Environment For Global Investors.
Regulatory Information
Magic Compass Ltd Is Regulated By Cyprus Securities And Exchange Commission (CySEC) With License Number 299/16 . In Addition, The Company Is Also A Member Of Cyprus Investment Association (CIFA) , Further Strengthening Its Industry Reputation. The Company Strictly Complies With Relevant Laws And Regulations And Has Issued A Compliance Statement To Ensure That All Operations Comply With Regulatory Requirements.
Trading Products
Magic Compass Ltd Offers A Diverse Range Of Trading Products, Including:
- Forex (Forex) : Offers Trading On More Than 20 Major And Minor Currency Pairs, Such As EUR/USD , GBP/USD , USD/JPY , Etc.
- Precious Metals : Supports Trading On Gold (XAUUSD) And Silver (XAGUSD) .
- Energy : Offers Trading Opportunities In Energy Products Such As Crude Oil (USOIL) .
- Index : Covers Major Global Stock Indices Such As Nikkei 225 (N225) , Germany DAX (GER30) And S & P 500 (US500) .
- Cryptocurrency : Supports Trading In Mainstream Cryptocurrencies Such As Bitcoin (BTC/USD) , Ethereum (ETH/USD) And Ripple (XRP/USD) .
Trading Software
Magic Compass Ltd Uses MetaTrader 4 (MT4) As Its Main Trading Platform, Which Supports Desktop And Mobile End Operations. MT4 Provides Powerful Technical Analysis Tools, Including More Than 50 Technical Indicators , Chart Tool And Intraday Analysis Tool , To Help Traders Develop Effective Trading Strategies. In Addition, The Company Also Provides Flat Trading Function To Enhance The Trading Experience.
Deposit And Withdrawal Methods
Customers Can Complete The Deposit And Withdrawal Operation In The Following Ways:
- Credit/Debit Card : Supports Mainstream Credit Cards Such As Visa And MasterCard.
- Electronic Wallet : Including Common Electronic Payment Platforms Such As Skrill And Neteller.
- Bank Transfer : International And Local Bank Transfer Services That Support Multiple Currencies.
The Main Currencies Accepted By The Company Include Euro (EUR) And US Dollar (USD) . The Deposit And Withdrawal Process Is Usually Completed Within 1-3 Bank Working Days .
Customer Support
To Meet The Diverse Needs Of Customers, Magic Compass Ltd Offers A Variety Of Customer Support Channels:
- Live Chat : Support 24/5 Live Online Communication. Email : Customers Can Send Questions Via Email And Receive Professional Answers.
- Telephone Support : Provide 24/5 Telephone Service To Help Customers Solve Problems.
Core Business And Services
Magic Compass Ltd's Core Business Focuses On Contracts For Difference (CFD) Trading, Supporting Foreign Exchange, Precious Metals, Energy, Indices And Cryptocurrencies And Other Asset Classes. The Company Serves Retail Investors And Institutional Investors , And Provides Customized Account Configurations And Trading Tools To Meet The Needs Of Different Clients. In Addition, The Company Also Offers Demo Accounts To Help Newcomers Become Familiar With The Trading Process.
Technical Infrastructure
To Ensure The Stability And Efficiency Of Transactions, Magic Compass Ltd Has Deployed Servers In Multiple Locations Around The World, Including London , New York And Tokyo . The Company Adopts Low-latency Trading Technology To Ensure That The Order Execution Speed Is Within 0.1 Seconds , And Provides Powerful Back-office Support System To Ensure The Smooth And Secure Trading Process.
Compliance And Risk Control System
Magic Compass Ltd Strictly Follows The Regulatory Requirements Of Cyprus Securities And Exchange Commission (CySEC) And Has Established A Comprehensive Compliance And Risk Management System . The Company Adopts Real-time Market Monitoring And AIoT Risk Control System To Ensure The Legitimacy And Safety Of Trading Activities. The AIoT Risk Control System Enables Real-time Analysis Of Market Fluctuations And Trading Behavior To Detect And Respond To Latent Risks In A Timely Manner.
Market Positioning And Competitive Advantage
Magic Compass Ltd Is Positioned As A Global Financial Services Provider , With Its Diversified Trading Products, Efficient Trade Execution And Professional Customer Support , Forming A Unique Competitive Advantage In The Industry. In Addition, The Company Also Helps Clients Improve Their Trading Skills Through Educational Resources Such As Webinars, Video Tutorials And E-books, Further Enhancing Their Market Competitiveness.
Customer Support And Empowerment
Magic Compass Ltd Places A High Value On Customer Experience, Provides Real-time Customer Support Across Multiple Channels, And Is Committed To Empowering Customers Through Education And Resources. The Company Launched Demo Accounts And Educational Resource Libraries To Help Novice Investors Master Trading Skills And Gradually Grow Into Mature Traders.
Social Responsibility And ESG
Magic Compass Ltd Actively Fulfills Social Responsibility And Gives Back To The Community By Supporting Community Development Projects And Public Welfare Undertakings . In Terms Of ESG (Environmental, Social, Governance), The Company Is Committed To:
- Environmental Protection : Supporting Sustainable Development By Optimizing Energy Use And Reducing Carbon Emissions.
- Social Responsibility : Supporting Education, Healthcare And Community Building Projects.
- Corporate Governance Corporate Governance : Establishing Transparent Management Structures And High Standards Of Corporate Governance Practices.
Strategic Cooperation Ecology
Magic Compass Ltd Has Established Strategic Partnerships With Many Well-known Financial Institution Groups And Technology Companies Around The World To Jointly Promote Technological Innovation And Business Expansion. Some Of The Partners Include:
- TechFin Solutions : Provide Technical Support And Optimize Trading Platform Functions.
- Green Financial Services : Promote The Development Of Green Finance.
- Euro Capital Markets : Strengthen Business Cooperation In The European Market.
Financial Health
According To Third Quarter 2023 Financial Report, Magic Compass Ltd's Management Scale Has Reached 750 Million Euros , Showing The Company's Steady Growth In The Industry. The Company's Capital Adequacy Ratio Exceeds 5% , Further Ensuring The Safety Of Customers' Funds.
Future Roadmap
Looking Ahead, Magic Compass Ltd Plans To Further Expand Its Product Line And Market Coverage , Including:
- Cryptocurrency Expansion : Adding A Wider Variety Of Cryptocurrency Trading Pairs.
- AI-driven Tools : Developing Artificial Intelligence-based Trading Aids.
- Mobile App Optimization : Enhancing The Functionality And User Experience Of Mobile Trading Platforms.
- Emerging Market Expansion : Entering Emerging Markets Such As South East Asia And Expanding The Customer Base.
