MagnaSale

MagnaSale Broker Overview

MagnaSale was the trading brand of a Cyprus company registered on 15 May 2014 under the name Magnasale Trading Limited. The brand offered MetaTrader 4 and MetaTrader 5 and published a Nicosia office address at Strovolou 148, Strovolos. Its website, magnasaleltd.com, no longer resolves, and the company behind it is now recorded in the Cyprus company register under a different name. No financial services licence could be confirmed for the MagnaSale brand in this review.

Finalto EU Ltd, the company behind MagnaSale

The Cyprus Department of Registrar of Companies and Intellectual Property holds registration HE 332334 with Magnasale Trading Limited recorded as a previous name and Finalto EU Ltd as the current one. The entry is active, the registration date is 15 May 2014, and the registered office is Strovolou 148, Strovolos, 2048, Nicosia, Cyprus, which matches the address published for the MagnaSale brand. Four directors and a corporate secretary are named on the file. MagnaSale is therefore a retired brand name rather than a separate company, and the legal entity continues on the register under its current name.

MagnaSale Regulation and License

No financial services licence was confirmed for MagnaSale. The brand's own website is no longer reachable, so anything it may once have published about a regulator, a licence number or a licence scope could not be read or checked. What was confirmed is corporate registration only: HE 332334 in Cyprus. A company registration establishes that the entity exists. It is not financial regulation, it authorises no investment activity, and it carries no client protection.

Is MagnaSale Regulated?

No in force licence held under the MagnaSale name was established in this review. The absence of a working website removes the usual place a broker states its regulatory position, so this is an unconfirmed position rather than a finding that the underlying company is unlicensed. The distinction matters, because the registered entity is active and now carries a different name on the register, and the regulatory standing of that successor name was outside the scope of this review.

Is MagnaSale Safe?

MagnaSale cannot be treated as safe to deposit with, because there is no longer a working service behind the name. The brand publishes no reachable website, no current terms and no funding page, and no licence covering it was confirmed. The corporate record is the reassuring part: a real, active Cyprus company at an address that matches the register. That indicates the operation was not a fiction, but it says nothing about how client money would be handled today, and anyone approached by a party trading on the MagnaSale name now should treat that approach as unverified.

MagnaSale Trading Platforms

MagnaSale offered MetaTrader 4 and MetaTrader 5. Both were provided on a white label basis, which means the brand traded on server infrastructure licensed to another operator rather than on a MetaTrader server licence held in its own name. The arrangement is common in the industry and is not a defect in itself, but it does mean the platform relationship sat with the infrastructure provider rather than with the brand.

MagnaSale Support

The contact details of record are the telephone number +357 22232193, the email address info@magnasaleltd.com and the Nicosia office at Strovolou 148, Strovolos, 2048. The postal address matches the registered office on the Cyprus company file. The email address sits on the domain that no longer resolves, so it should not be assumed to be deliverable.

MagnaSale Pros and Cons

Pros: the operating company is a real, active and identifiable Cyprus entity with a registration number, a registration date and a named board on the public register, and its registered address matches the address published for the brand.

Cons: the brand's website no longer resolves, no licence could be confirmed, no trading conditions, account types, fees, leverage or funding methods are available to publish, and the company now appears on the register under a different name, so the MagnaSale brand should be read as retired.

MagnaSale Review and Assessment

MagnaSale is best understood as a discontinued brand rather than a broker a reader can open an account with today. The corporate trail is clean and checkable, which separates it from operations that leave no trace at all. The trading proposition, by contrast, is not verifiable in any part: no reachable site, no published conditions, no confirmed licence. The most important consideration is that the brand no longer runs a public website, which makes any current solicitation using the MagnaSale name something to verify independently before any money moves.