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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

MCPRIME

Mauritius Mauritius | 2-5 years |
Questionable Regulatory License | MT5 Full License | Regional Brokers | High Potential Risk

https://www.mc-prime.com/en/

Website

Rating Index

License 0.00 Software 8.61 Risk Control 0.00 Business 5.74 Regulation 0.00
2.04

MT4/5 Verification

MT4/5

Full License

MagicCompass-Live

Hong Kong
Hong Kong
MT5
5

Influence

C

Influence Index NO.1

Vietnam Vietnam 2.99

MT4/5 Verification

MT4/5 Verification

Full License

5
Server Name
MagicCompass-LiveMT5
Server LocationHong KongHong Kong

Influence

Influence

C

Influence Index NO.1

Vietnam Vietnam 2.99
Surpassed 20.40% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://www.mc-prime.com/en/
10th Floor, Sterling Tower, 14, Poudriere Street, Port-Louis, Mauritius
Forex License
Other 1
risk

No forex trading license found. Please be aware of the risks.

Company Profile 6
2-5 years
Questionable Regulatory License
MT5 Full License
Self-developed
Regional Brokers
High Potential Risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Mauritius
Operating Period
2-5 years
Company Name
Magic Compass Capital Ltd
Abbreviation
MCPRIME
Employees
--
Address
10th Floor, Sterling Tower, 14, Poudriere Street, Port-Louis, Mauritius
Account Info
Related Personnel
Business Region
Partner Companies
Verified Site
Relationship Map
Related Companies
About Us
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
88.00
velocityIcon
Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 5
Meta Trader 5
Perfect
Trading Apps
All 2
iOS 1
Android 1
logo
MC Prime - CFD & Forex Trading
MCP - Trade CFDs on Forex, Golds & More
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logo
MC Prime-黄金白银外汇交易平台
Professional Precious Metals, Crude Oil, Forex, and Stock Index Investment Software
Downloads
2,877
screenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshots

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Official Website

Partner Companies

Service Provider (1)

Verified Site

  • Hong Kong mcpforex.com
    47.57.12.216
  • Hong Kong mc-prime.com
    16.163.223.117

Relationship Map

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MCPRIME

Related Companies

MAGIC COMPASS LTD(Colorado (United States))
United States
MAGIC COMPASS LTD(Colorado (United States))
Active
United States
Registration No. 20221781175
Est. Date
Source Official Statement

Company Profile

Company Profile

Review summary

MC Prime Review Summary
Founded2024
Registered Country/RegionMauritius
RegulationSFC and CySEC
Market InstrumentsCurrencies, Commodities, Cryptos, and Indices
Demo Account/
LeverageUp to 1:500
SpreadFrom 0 pips
Trading PlatformMC Prime App, MT4, MT5
Minimum Deposit$50
Copy Trading
Customer SupportContact form
Social Media: Instagram, Telegram, Facebook, X
Regional RestrictionsCanada, Cuba, Iran, Iraq, Myanmar, North Korea, Sudan, Syria, Turkey, Chimera, and the United States

MC Prime Information

MC Prime is a broker that offers trading services on Currencies, Cryptos, Commodities, and Indices. It provides high leverage up to 1:500 and spreads from 0 pips on its MC Prime App or MT4/MT5 platforms. It is regulated by the SFC in Hong Kong and CySEC in Cyprus.

MC Prime Information

Pros and Cons

ProsCons
Regulated by SFCUnverified CySEC and FSA licenses
Various trading instrumentsLimited customer support methods
MT4 & MT5 supportedRegional restriction
Four account types
Copy trading offered
Popular payment options
Deposit bonus offered

Is MC Prime Legit?

MC Prime is regulated by the Securities and Futures Commission (SFC) in Hong Kong for dealing in futures contracts and leveraged foreign exchange trading. It also has license of Cyprus Securities and Exchange Commission (CySEC).

Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicensed EntityLicense No.
The Securities and Futures Commission (SFC)RegulatedChina (Hong Kong)Dealing in futures contracts & Leveraged foreign exchange tradingMagic Compass Securities LimitedAXT242
The Cyprus Securities and Exchange Commission (CySEC)RegulatedCyprusMarket Maker (MM)MAGIC COMPASS LTD299/16
license
Is MC Prime Legit?

What Can I Trade on MC Prime?

MC Prime offers trading in Currencies, Cryptocurrencies, Commodities (Gold, Silver, Energies), and popular global stock Indices (U.S. Tech 100, S&P 500).

Tradable InstrumentsSupported
Currencies
Commodities
Indices
Cryptos
Bonds
Mutual Funds
Shares
Options
assets

Account Type

MC Prime offers four account types:

Account TypeMinimum DepositMaximum LeverageSpreadCommission
Standard Account50 USD1:500From 0.2 pips$0
Basic Accounts50 USD1:200From 0.2 pips$0
RAWLimited Time1:200From 0.0 pip$7
US Cent Account50 USD1:200From 0.2 pips$0
Account Type

Leverage

MC Prime offers a high leverage of up to 1:500. Customers need to consider carefully before investing, since high leverage is likely to bring high potential risks.

MC Prime Fees

MC Prime offers accounts with spreads starting from 0.0 pip to 0.2 pips. The commissions range from $0 to $7.

Account TypeSpreadCommission
Standard AccountFrom 0.2 pips$0
Basic AccountsFrom 0.2 pips$0
RAWFrom 0.0 pip$7
US Cent AccountFrom 0.2 pips$0

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MC Prime AppIOS and Android/
MT4PC and MobileBeginners
MT5PC and MobileExperienced traders
Trading Platform
Trading Platform

Deposit and Withdrawal

MC Prime requires a minimum deposit of $50. MC Prime supports a variety of deposit options, including major credit/debit cards (Visa, Mastercard), e-wallets (Skrill, Neteller, Klarna), and local payment methods such as Przelewy24, Blik, MB Way, and ePay.bg.

Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • MT5 Full License
  • Self-developed
  • Regional Brokers
  • High Potential Risk

Wiki Q&A

Is MCPRIME safe and reliable?

According to WikiFX data, MCPRIME holds a core score of 2.04 out of 10, reflecting significant regulatory concerns. The broker operates under a Securities Trading License from the Mauritius Financial Services Commission (FSC) but lacks a valid forex license from a major financial regulator. Its Hong Kong SFC license remains unverified. While the platform offers genuine MT5 software with fast execution (average 92.6 ms), the absence of top-tier oversight necessitates careful due diligence. Traders should evaluate their risk tolerance before engaging.

Two days ago
United States

Is MCPRIME regulated?

MCPRIME holds an active Securities Trading License (EP) from the Mauritius Financial Services Commission (FSC) under registration number GB23201764. However, it does not possess a valid forex trading license from a major regulator. Additionally, its application for a Derivatives Trading License (AGN) with the Hong Kong Securities and Futures Commission (SFC) remains unverified. The lack of oversight from leading financial authorities such as the FCA, ASIC, or CySEC places this broker in a high-risk regulatory category.

Two days ago
United States

What is the minimum deposit of MCPRIME?

The minimum deposit for MCPRIME's Standard, Basic, and US Cent accounts is 50 USD. The RAW account does not specify a minimum deposit requirement, potentially offering flexibility for traders. This low entry barrier makes the broker accessible to retail traders with limited capital.

Two days ago
United States

Does MCPRIME support MT4 or MT5?

MCPRIME supports the MetaTrader 5 (MT5) platform, which has been verified as a genuine full license version by WikiFX. The platform offers an average execution speed of 92.6 milliseconds and a software index of 8.61. MT4 is not listed among the platforms offered.

Two days ago
United States
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