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Funding

Magic Compass offers a safe and easy way to deposit and withdraw funds. Several options are available for greater convenience.

Magic Compass offers four alternatives of fund deposit: debit and credit cards, transfers from e-wallets and wire transfers fund. Commission will not be charged from deposits. Therefore do not hesitate to contact our support team for any enquiries.

Credit cards Deposit Method Currency Service Charges Processing Time
Visa GBP, EUR, USD 0% 2 Hours Fund Now
Visa Electron GBP, EUR, USD 0% 2 Hours Fund Now
MasterCard GBP, EUR, USD 0% 2 Hours Fund Now
Maestro GBP, EUR, USD 0% 2 Hours Fund Now

* In case that you are facing any difficulties with your deposit please contact:

* Please note that third party deposits are not permitted. Any funds received from third party accounts will be returned to the remitter.

E-Wallets Deposit Method Currency Service Charges Processing Time
Neteller EUR, USD, GBP 4.5% 2 Hours Fund Now
WebMoney EUR, USD 4.5% 2 Hours Fund Now
Bank Wire Deposit Method Currency Service Charges Processing Time
Wirecard GBP, EUR, USD Flat fee of EUR50 for all
outgoing wire transfers
3-5 business days* Fund Now
Eurobank EUR, USD Flat fee of EUR50 for all
outgoing wire transfers
3-5 business days* Fund Now
Credit cards
  • Deposit Method

  • Visa

  • Currency

    GBP, EUR, USD

  • Fees/Commission

    EU cards: 3.5%
    Non-EU: 4.0%

  • Processing Time

    2 Hours

  • Deposit FundS

  •  
  • Deposit Method

  • Visa Electron

  • Currency

    GBP, EUR, USD

  • Fees/Commission

    EU cards: 3.5%
    Non-EU: 4.0%

  • Processing Time

    2 Hours

  •  
  • MasterCard

  • Currency

    GBP, EUR, USD

  • Fees/Commission

    EU cards: 3.5%
    Non-EU: 4.0%

  • Processing Time

    2 Hours

  •  
  • MasterCard

  • Currency

    GBP, EUR, USD

  • Fees/Commission

    EU cards: 3.5%
    Non-EU: 4.0%

  • Processing Time

    2 Hours

  •  
  • Neteller

  • Currency

    EUR, USD, GBP

  • Fees/Commission

    4.5%

  • Processing Time

    2 Hours

  •  
  • WebMoney

  • Currency

    EUR, USD

  • Fees/Commission

    4.5%

  • Processing Time

    2 Hours

  •  
  • Bank wire

  • Wirecard

  • Currency

    GBP, EUR, USD

  • Fees/Commission

    Flat fee of EUR50 for all
    outgoing wire transfers

  • Processing Time

    3-5 business days*

  •  
  • Bank wire

  • Deposit Method

  • Eurobank

  • Currency

    EUR, USD

  • Fees/Commission

    Flat fee of EUR50 for all
    outgoing wire transfers

  • Processing Time

    3-5 business days*

  •  

* Please note that your deposit could take up to 5 business days in case there are issues in verifying your information or there is a delay in your funds being received to the Magic Compass account.All back-office transfers will be processed during standard business hours, i.e. 08:00 - 18:00 (GMT+2) (GMT+3 during Daylight Saving Time).

** If you have any questions related to the debit/credit card transactions, please contact us via .

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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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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.