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Regarding the legitimacy of Magic Compass forex brokers, it provides a comprehensive investigation into the security aspects of regulatory CYSEC, and WikiBit, as well as whether there are any negative scam reviews.
Rating Index
WikiFX Detection
Business
Influence E 
License
CYSEC Suspicious Clone 
Is Magic Compass safe?
The regulatory license is the strongest proof.
CYSEC Market Making(MM) 19
Cyprus Securities and Exchange Commission
Cyprus Securities and Exchange Commission
Regulatory Agencies Introduction
Current Status:
Suspicious CloneLicense Type:
Market Making(MM)
Licensed Institution:
MAGIC COMPASS LTD
Effective Date:
2016-04-12Email Address of Licensed Institution:
info@magiccompass.comSharing Status:
No SharingWebsite of Licensed Institution:
www.magiccompass.comExpiration Time:
--Address of Licensed Institution:
Sarlo 9, Agios Athanasios, 4106, Limassol, CyprusPhone Number of Licensed Institution:
+357 25 023 880Licensed Institution Certified Documents:
Is Magic Compass a scam, or is it legit?
The latest exposure and evaluation content of Magic Compass brokers.
Unable to withdraw. Suspend the account if you ask customer service. They are perfunctory all the time.
I have never seen such a platform. After depositing money, I have never been able to withdraw money. They have always said that I need to review the identity. I provide all the information they need, but they suspend my account at the end. Pay me back my hard-earned money! ! !
Legitimacy of similar brokers
Magic Compass's latest industry rating score is 1.38, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. Magic Compass
If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.