MagicTrading

About MagicTrading Company

MagicTrading Company started its operations in 2019 and is based in Hong Kong. Officially, the company claims to have been founded by a group of experienced traders. However, information about regulators and licensing documents is not publicly available. The broker asserts that a personal insurance fund has been established to safeguard clients’ funds and ensure the security of all assets.

Contacting MagicTrading

To reach the company’s customer support, clients are provided with a phone number and an email address. Additionally, there is an option for consulting specialists through an online chat or by using a feedback form.

Investment Opportunities at MagicTrading

The broker offers investment in stock trading with potential returns ranging from 10% to 25% per month. After making a minimum deposit starting from $100, clients can choose a ready-made investment package that is valid for 365 days.

  • Mini: for novice CFD traders. Leverage 1:200, execution speed 0.1–0.5 sec. Minimum deposit – from $100.
  • Standard: for experienced CFD traders. Leverage 1:100, execution speed 0.01–0.05 sec. Minimum deposit amount – from $1,000.
  • Pro: with privileged services for experienced investors and financial market participants. Leverage – 1:200, fund protection, 24/7 support, execution speed 0.01–0.05 sec. Minimum deposit – from $10,000.

No detailed information about tariffs and conditions is available.

Depositing and Withdrawing Funds at MagicTrading

The balance can be replenished through standard payment systems: Visa/MasterCard credit/debit cards, bank transfers, or e-wallets. There is no commission for depositing funds, as it is covered by the broker through bonus funds.

To withdraw funds, verification is required, and a withdrawal request must be submitted through the personal account. Withdrawals are processed only on Wednesdays. The funds are credited to the account within 48 hours. Information about withdrawal fees is not provided.

Conclusion

The website mentions the broker’s presence in the media and offers a loyalty program for regular clients. It is important to note the absence of a license on the site. Due to market instability and the risk of fraud, it is recommended to carefully review the documentation and reviews from other traders. To safeguard funds, it is advisable to consult a financial expert.

One Reply to “MagicTrading”

  • I am extremely dissatisfied with MagicTrading’s work as they have failed to meet my expectations and deliver the promised results.