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Trading Accounts

Open an account to begin enjoying all the features and support offered by Magic Compass. Trade on a secure platform, with the added benefit of negative balance protection. Enjoy transparent pricing and 24/5  support on trading days. Depending on the time of the support.

Trading Accounts

Ready to begin trading? Magic Compass offers two types of accounts with different features and degrees of flexibility. Choose between the Standard Account and the Raw Spreads Account, depending on whether you’re new to trading or an experienced trader.

Standard Account

Ideal for new traders, the Standard Account can be opened with as little as $50. Enjoy 1:50 leverage from Day 1. Trade the major, minor and exotic currency pairs as well as metals like gold and silver, and Spot Indices.
  • Deposit from $50
  • Leverage up to 1:500
  • Market Type Execution
  • Negative Balance Protection

Raw Spreads Account

Ideal for traders with some experience, the Raw Spreads Account offers advanced trading tools. Enjoy automated trading with Expert Advisors and never miss an opportunity, even while you’re sleeping.
  • Deposit from $500
  • Leverage up to 1:500
  • Market Type Execution
  • Negative Balance Protection

Demo Account

New to trading? Wish to test a trading strategy? Open a Demo Account  to trade real time with virtual money. Explore all the features of the platform and experience real market conditions, with zero risk.
  • Up to $100,000 virtual opening balance
  • Unlimited usage
  • Real market conditions
  • Test trading strategies
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+357 25023880

From Magic Compass: Trading CFD products can result in the loss of the entire invested capital. Please trade responsibly.

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Cookie Policy: The Magic Compass website uses cookies and by continuing using the website you consent to this. For more information please read ‘Cookies Disclosure’.        Accept

Magic Compass Ltd. is a Cyprus Investment Firm (CIF) supervised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with CIF License number 299/16 and Company registration number HE341562.

Risk Warning

Trading leveraged products such as CFDs involves significant risk and you may not only lose all of you invested capital but also sustain losses in excess of your deposited funds. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. You should seek independent financial advice prior to applying for opening a trading account with the Company. Information of the previous/past performance of CFDs is not a guarantee for its current and/or future performance. The use of historical data does not constitute a binding or safe forecast as to the corresponding future performance of the Financial Instruments to which the said information refers.
Please click here to read Magic Compass full Risk Disclosure. They should insert link to our Risk Disclosure.

We do not establish accounts to residents or passport holders of certain jurisdictions including Canada, USA and Belgium.