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Trading Conditions

Magic Compass trading conditions meet the needs of the most sophisticated traders. The company pays due regard to the modern trends on Forex and now it offers. Have a query? Check out the FAQ section for answers to the most frequently asked questions.

Contract Specifications

In this section of the website you can learn about the contract specifications for the Standard and Raw accounts. Get to know the parameters, underlying asset, symbol, expiry date, permitted lot size and more for each contract.
 
Trading Hours Cyprus time Minimum Trade Size Maximum Trade Size Step Minimum Price Fluctuation Margin
Forex
EUR/USD Monday 00:05 to Friday 23:30 0.01 30 0.01 0.00001 Up to 1:500
USD/JPY Monday 00:05 to Friday 23:30 0.01 30 0.01 0.001 Up to 1:500
GBP/USD Monday 00:05 to Friday 23:30 0.01 30 0.01 0.00001 Up to 1:500
USD/CHF Monday 00:05 to Friday 23:30 0.01 30 0.01 0.00001 Up to 1:500
AUD/USD Monday 00:05 to Friday 23:30 0.01 30 0.01 0.00001 Up to 1:500
NZD/USD Monday 00:05 to Friday 23:30 0.01 30 0.01 0.00001 Up to 1:500
USD/CAD Monday 00:05 to Friday 23:30 0.01 30 0.01 0.00001 Up to 1:500
EUR/CHF Monday 00:05 to Friday 23:30 0.01 30 0.01 0.00001 Up to 1:500
EUR/GBP Monday 00:05 to Friday 23:30 0.01 30 0.01 0.00001 Up to 1:500
EUR/JPY Monday 00:05 to Friday 23:30 0.01 30 0.01 0.001 Up to 1:500
EUR/AUD Monday 00:05 to Friday 23:30 0.01 30 0.01 0.00001 Up to 1:500
GBP/JPY Monday 00:05 to Friday 23:30 0.01 30 0.01 0.001 Up to 1:500
GBP/CHF Monday 00:05 to Friday 23:30 0.01 30 0.01 0.00001 Up to 1:500
GBP/AUD Monday 00:05 to Friday 23:30 0.01 30 0.01 0.00001 Up to 1:500
AUD/JPY Monday 00:05 to Friday 23:30 0.01 30 0.01 0.001 Up to 1:500
AUD/NZD Monday 00:05 to Friday 23:30 0.01 30 0.01 0.00001 Up to 1:500
NZD/JPY Monday 00:05 to Friday 23:30 0.01 30 0.01 0.001 Up to 1:500
CAD/JPY Monday 00:05 to Friday 23:30 0.01 30 0.01 0.001 Up to 1:500
USD/CNH 03:00 -20:00 Daily 0.01 30 0.01 0.00001 Up to 1:25
USD/HKD Monday 00:05 to Friday 23:30 0.01 30 0.01 0.00001 Up to 1:500
Commodifies
GOLD 01:00 - 23:00 Daily 0.01 20 0.01 0.001 Up to 1:50
SILVER 01:00 - 23:00 Daily 0.01 20 0.01 0.001 Up to 1:50
Spot UK Brent Oil 03:00 - 23:59 Daily (Friday close 23:30) 0.01 20 0.01 0.01 Up to 1:50
WTI OIL 01:00 - 23:59 Daily (Friday close 23:30) 0.01 20 0.01 0.01 Up to 1:50
Spot Indices
SP500 09:00 - 23:00 Daily 1 100 1 0.01 Up to 1:50
DJ30 09:00 - 23:00 Daily 1 100 1 0.01 Up to 1:50
NAS100 09:00 - 23:00 Daily 1 100 1 0.01 Up to 1:50
HK50 04:30-6:59;08:00-11:29; 12:15-18:44 1 100 1 0.01 Up to 1:50
JPN225 09:00 - 23:00 Daily 1 100 1 1 Up to 1:50
GER30 09:00 - 23:00 Daily 1 100 1 0.01 Up to 1:50
Note:
For full Contract Specifications and our Swap Values please refer to our Trading Platform.
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From Magic Compass: Trading CFD products can result in the loss of the entire invested capital. Please trade responsibly.

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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.