Institution record
Magic Compass
Magic Compass Ltd
- Source score
- 6.7
- Warnings
- 0
- Comments
- 0
Licence records
Licences within our coverage (financial institutions and registrants headquartered in the united states and canada) are listed first. Check each one on the regulator's own register.
| Regulator | Licence no. | Status | Licensed entity | Date | |
|---|---|---|---|---|---|
Cyprus Securities and Exchange Commission | 299/16 | Regulated | Magic Compass Ltd | 2016-04-12 |
Peer regulatory & risk comparison
Side-by-side supervisory and risk benchmark comparing Magic Compass against peer institutions in our financial institutions and registrants headquartered in the united states and canada dataset.
| Institution | Primary regulators | Regulated / total | Risk classification | Source score | Warnings |
|---|---|---|---|---|---|
| Magic Compass (this record) | CYSEC | 1 / 1 | Risk level not supplied | 6.7 | 0 |
IIROCFinancial Conduct AuthorityNBRB+2 | 5 / 5 | Risk level not supplied | 6.0 | 0 | |
Financial Crimes Enforcement Network (FinCEN)CYSECMFSA+3 | 6 / 6 | Risk level not supplied | 5.0 | 0 | |
VFSCCYSEC | 0 / 2 | Risk level not supplied | 5.0 | 0 | |
U.S. Securities and Exchange Commission (SEC)FINRAFinancial Conduct Authority+1 | 4 / 4 | Risk level not supplied | 6.0 | 0 | |
SECFinancial Crimes Enforcement Network (FinCEN) | 2 / 2 | Risk level not supplied | 5.0 | 0 |
Magic Compass: institutional due diligence FAQ
Key supervisory, licensing, and counterparty verification questions generated from the dataset.
What is Magic Compass's regulatory licence status and supervisory authorisation?
In our imported dataset, Magic Compass (legal entity reference: Magic Compass Ltd) holds 1 recorded licence entry, of which 1 carries a "regulated" status and 1 are marked regulated or registered: CYSEC (Cyprus Securities and Exchange Commission) — licence 299/16, status: regulated. Institutional due diligence requires verifying that the exact legal entity on your counterparty agreement matches the licensed entity name and registration number on the official CYSEC public register.
Which of Magic Compass's jurisdictions and licences fall within this site's regulatory coverage?
Magic Compass is registered at :Sarlo 9, Ayios Athanasios, 4106 Limassol, Cyprus and tracked under our financial institutions and registrants headquartered in the united states and canada scope based on its institutional service profile (Forex, metals, spot index, vitality) rather than a domestic focus licence. Its 1 recorded licence (CYSEC) should be evaluated for cross-border passporting and local solicitation rules.
What is Magic Compass's institutional risk classification, enforcement exposure, and score profile?
Magic Compass carries a "risk level not supplied" classification in the source dataset, alongside composite 5-dimension ratings out of 10 (overall: 6.7, risk & licensing: 4.2, brand: 6.8, market influence: 5.0, user reputation: 0.0). The record flags 0 regulatory warning or complaint counts. Because these figures reflect imported source fields rather than primary audit findings, compliance teams should review primary enforcement bulletins directly.
What operational due diligence steps apply to Magic Compass's platforms, entity structure, and complaints?
Before allocating capital or executing trades with Magic Compass, institutional and retail allocators should: (1) confirm the domain (magiccompass.com) against regulator-approved domains to guard against clone firms; (2) verify whether any of the 0 recorded warning/complaint entries or 0 user comments involve withdrawal restrictions or scope violations; and (3) confirm the dispute-resolution ombudsman tied to CYSEC.
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