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Magic Compass New Zealand Limited Forex Broker Review

Hybrid Forex Broker Verified
1.6 ½☆☆☆☆ 0 reviews
Visit Broker Website Claim This Broker
No Minimum Min Deposit
0.2000 pips Spreads From
1:500 Leverage
No Commission Commission
Unregulated Regulation
1+ Platforms

Magic Compass New Zealand Limited Trading Platform Screenshots

Magic Compass New Zealand Limited Trading Platform Screenshot
Magic Compass New Zealand Limited Platform Feature 1
Magic Compass New Zealand Limited Platform Feature 2

Magic Compass New Zealand Limited Forex Broker Overview

Is Magic Compass New Zealand Limited a Trusted Forex Broker?

Magic Compass New Zealand Limited is a Hybrid broker offering trading services to clients worldwide. This comprehensive review examines the broker's regulation, trading conditions, platform features, and user experiences to help you determine if Magic Compass New Zealand Limited is the right forex broker for your trading needs.

Key Features of Magic Compass New Zealand Limited Forex Broker

  • Competitive Spreads: Starting from 0.2000 pips
  • Maximum Leverage: 1:500 - suitable for various trading strategies
  • Trading Platforms: MT4 - providing versatile trading experience
  • Tradable Instruments: Forex, Indices, Commodities, Stocks

Magic Compass New Zealand Limited Broker Rating Analysis

Trust & Security 2.0/10
Trading Conditions 2.8/10
Fees & Spreads 2.1/10
Platform & Tools 2.8/10
Customer Support 2.5/10
Overall XP Trust Score 1.6 / 10 ½☆☆☆☆

Magic Compass New Zealand Limited Broker Details

Regulation & Trust Score

⚠️ Regulatory information not specified
Founded 2020
Headquarters New Zealand
Trust Score 2.0/10

Trading Conditions

Broker Type Hybrid Forex Broker
Minimum Deposit No Minimum
Spreads From 0.2000 pips
Commission No Commission
Maximum Leverage 1:500

Trading Platforms

Platforms MT4
This forex broker offers multiple trading platforms to suit different trader preferences and experience levels.

Tradable Instruments

Instruments Forex Indices Commodities Stocks
As a comprehensive forex broker, Magic Compass New Zealand Limited provides access to various financial markets beyond forex trading.

Magic Compass New Zealand Limited Pros & Cons

Advantages

  • Competitive spreads from 0.2000 pips
  • Supports MT4
  • Wide range of tradable instruments
  • Established forex broker with 6+ years of experience

Disadvantages

  • ⚠️ Not regulated — exercise caution
  • Always verify current terms directly with the broker

Why Choose Magic Compass New Zealand Limited for Forex Trading?

Magic Compass New Zealand Limited has established itself as a hybrid broker serving traders worldwide. With a focus on providing competitive trading conditions, Magic Compass New Zealand Limited offers a comprehensive suite of services for both novice and experienced traders.

Who Is Magic Compass New Zealand Limited Best For?

  • MetaTrader Users: Supports MT4
  • Commodity Traders: Trade gold, silver, oil, and more
  • Scalpers & Day Traders: Spreads from 0.2000 pips with no commission

What Makes Magic Compass New Zealand Limited Stand Out?

  • Platform Choice: Trade on MT4 — desktop, web, and mobile
  • Instrument Diversity: Forex, Indices, Commodities, Stocks — over 4 asset classes
  • Leverage Flexibility: Up to 1:500 to suit different risk profiles
  • Customer Support: QQ: 800809110, Email: service@xsmcfx.com

How Does Magic Compass New Zealand Limited Compare to Other Forex Brokers?

When comparing Magic Compass New Zealand Limited to other forex brokers in the market, several factors stand out:

  • Regulation: Unregulated — exercise caution compared to regulated alternatives
  • Spreads: From 0.2000 pips — highly competitive, among the best in the industry
  • Platform: Supports MT4 — industry-standard platforms
  • Trust Score: 1.6/10 — needs significant improvement

For a complete overview of the best options available, check out our forex broker directory and broker comparison tool.

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Get In Touch

United States

1001 Kalispell, MT 59901 USA

+1 (818) 337-5694

Dubai Office

Sheikh Zayed Road, Dubai, UAE

+971 56 786 4055

info@forexxp.com

Support: 24/5

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