CMTRADING vs MAGIC COMPASS
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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An independent AI take on which of these fits you — from the data, not opinions for sale. Launching soon.
Safer pick MAGIC COMPASS leads on safety — winning 2 of 3
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
42
✓16
Verdict
Guarded
Low risk
Regulatedⓘ
Yes
Yes
Licenses
1
1
Tier-1 regulatorsⓘ
0
✓1
Trustpilot score
4
—
Reviews collected
4878
—
Exit riskⓘ lower = safer
Guarded
—
Known clonesⓘ
✓0
9
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$250
✓$100
Max leverage
—
1:10
Min spread (best acct)
from 1.9
—
Commission
—
—
Cost grade
—
—
Account types
✓5
3
Best for
Suits
Beginners seeking hands-on guidance, Traders who value responsive customer support
Traders seeking a CySEC-regulated broker with negative balance protection, Retail clients comfortable with MetaTrader 4 and standard forex/CFD instruments, Those who prefer a tiered account structure with clear minimum deposit requirements
Not for
Traders prioritizing fast, reliable withdrawals, Experienced traders needing advanced platforms like MT5, Investors wary of offshore regulation
Traders requiring advanced platforms like MT5 or cTrader, Investors looking for a wide range of non-CFD instruments, such as stocks or ETFs, High-volume traders who need raw spreads with a lower minimum deposit than 5,000
Products & Funding
Instruments
--
CFDs on FOREX, METAL, ENERGY and SPOT INDICES
Deposit methods
Skrill, Neteller, PerfectMoney
—
Withdrawal
--
—
Execution
Speed
—
—
Slippage
—
—
Swap cost
—
—
Company
Founded
2019-03-19
2019-05-06
Headquarters
🇸🇨 Seychelles
🇨🇾 Cyprus
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.