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Trading Instruments

Magic Compass offers a customer-centric platform for easy access to attractive trading opportunities. Our trading instruments include CFDs on Forex, Commodities and Indices. Tight spreads and high liquidity allow you to capitalize on even small price movements.

Forex

With an average trading volume of $5.3 trillion per day, the forex market offers countless trading opportunities every second. You can choose from a wide array of popular forex pairs. With a market that’s open 24 hours a day, 5 days a week and supported by our advanced tools, you’ll never have to miss an opportunity.

Trade Now Trading involves high risk and your entire investment might be at risk.
Forex Leverage Information:

With leverage, it’s possible to place larger trades even with smaller funds in your account. It is important, however, to understand how leverage works. We offer a range of leverage choices, to be used depending on your experience and risk appetite. At account opening, the default leverage is set at 1:50, and the maximum leverage offered is assessed during the registration process, depending on your experience in trading forex CFDs.

For the margin calculation of your open trades, the account leverage and the symbol Max offered leverage are considered, and the lower of the two is taken.

On the MT4 platform, Magic Compass uses a dynamic leverage model, which adjusts automatically to your trading positions. As your volume-per-instrument increases, the maximum leverage offered automatically decreases, according to the table below.

Open Lots Maximum Leverage
0-50 1:500 or (account leverage if smaller) or (instrument leverage if set smaller)
50-75 1:200 or (account leverage if smaller) or (instrument leverage if set smaller)
75-100 1:100 or (account leverage if smaller) or (instrument leverage if set smaller)
100-125 1:50 or (account leverage if smaller) or (instrument leverage if set smaller)
125+ 1:10 or (account leverage if smaller) or (instrument leverage if set smaller)

In case your account leverage is lower than what’s mentioned in the above table, the account leverage will be considered as the maximum leverage.



Example 1

Client Account Leverage – 1:50

Let’s say, you have a USD account and you’ve placed 70 lots to buy (or sell) USDJPY. In the Leverage Monitor table, your account leverage is lower than the relevant max leverage offered on the symbol, so the margin required would be as below:

Lots Maximun Leverage Applicable Leverage Margin
0-50 1:500 1:50 50(lots)*100,000/50(leverage)=100,000 USD
50-70 1:200 1:50 20(lots)*100,000/50(leverage)=40,000 USD
Utilised Leverage is 1:50 Total Required Margin: 140,000 USD

Example 2

Client Account Leverage – 1:100

Let’s say, you have a USD account and you’ve placed buy EURUSD 70 lots and sell EURUSD 95 lots. Margin Requirements must be calculated for the sell 95 lots EURUSD (since the 70 lot are hedge no margin requirement for it only larger side, in this case, sell 95). The margin required would be as below:
Note:  Margin Calculations applies per symbol instrument and per open lots (larger side).

Lots Maximum Leverage Applicable Leverage Margin
0-50 1:500 1:500 50(lots)*100,000/50(leverage)=100,000 EUR
50-75 1:200 1:200 25(lots)*100,000/50(leverage)=50,000 EUR
75-90 1:100 1:100 20(lots)*100,000/50(leverage)=40,000 EUR
Utilised Leverage is 1:223.5 Total Required Margin: 42,500 EUR

Example 3

Client Account Leverage – 1:500

Let’s say, you have a USD account and you’ve placed buy EURCHF 60 lots, sell USDJPY 80 lots and buy USDCNH 10 lots. The margin required would be as below:
Note:  Margin Calculations applies per symbol instrument and per open lots (larger side).

Lots Maximum Leverage Applicable Leverage Margin
60 lots EURCHF
0-50 1:500 1:500 50(lots)*100,000/500(leverage)=10,000 EUR thus 11,800 USD (EURUSD 1.18)
50-60 1:200 1:200 10(lots)*100,000/200(leverage)=5,000 EUR thus 5,900 USD (EURUSD 1.18)
80 lots USDJPY
0-50 1:500 1:500 50(lots)*100,000/500(leverage)=10,000 USD
50-75 1:200 1:200 25(lots)*100,000/200(leverage)=12,500 USD
75-80 1:100 1:100 5(lots)*100,000/100(leverage)=5,000 USD
10 lots USDCNH   (at this example max offered leverage on USDCNH 1:25)
0-10 1:25 1:25 10(lots)*100,000/25(leverage)=40,000 USD
Utilised Leverage is 1:188.7 Total Required Margin 85,200 USD
Trade Now Trading involves high risk and your entire investment might be at risk.
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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.