SFCHong KongTier 1Licence number
AXT242
View licence record- Licence holder
- Held by MC900
- Licence type and regime
- Asset management
Not checkedUpdated
At a glance
Regulation on record for MC900
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 6
- Issuing authorities
- 4
- From tier-1 or tier-2 authorities
- 4
- Found on an official register
- 0
MC900 has 6 licences on record with Wikilix, issued by 4 authorities across 4 jurisdictions. 4 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
2 licences come from authorities classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences by jurisdiction
Every licence on record for MC900, grouped by the 4 jurisdictions it is registered in.
6 records
Hong Kong3 licences
All Hong Kong licences- SFCHong KongTier 1
- SFCHong KongTier 1
Licence number
AXT242
View licence record- Licence holder
- Held by MC900
- Licence type and regime
- Advising on securities
Not checkedUpdated - SFCHong KongTier 1
Licence number
AXT242
View licence record- Licence holder
- Held by MC900
- Licence type and regime
- Dealing in securities
Not checkedUpdated
Cyprus1 licence
All Cyprus licences
Seychelles1 licence
All Seychelles licences
Lebanon1 licence
All Lebanon licences
Protection
What this licence protects
SFC's own rules for the firms it authorises.
- No compensation schemeNo mandatory insurance (but strict fund segregation)
- Client money kept separate
- Negative balance protection
- Complaints routeSFC Complaints / FDRC
- Maximum leverage1:13
Frequently Asked Questions
Questions about the licences held by MC900
Answered from the register entries on this page.
Most Popular Questions
Magic Compass offers customer support primarily in English with live chat available during business hours. The broker also maintains active social media channels including Facebook, Twitter, Instagram, and YouTube for additional contact and updates. Other direct contact details like phone numbers or emails are not specified in the provided context.
Magic Compass provides trading access to various instruments including forex, CFDs, and cryptocurrencies. The broker is licensed to offer a broad range of regulated financial products such as stocks, derivatives, futures, and commodities under its regulatory licenses. Specific instrument availability may vary by region.
Magic Compass offers an ECN execution model with a zero commission structure according to the available data. There is no mention of spreads or additional trading fees in the provided context. Deposit and withdrawal fees are generally not charged by the broker, though third-party fees may apply for bank transfers.
Magic Compass supports several funding methods including credit/debit cards, bank transfers, e-wallets like Skrill and Neteller, and regional options such as POLi and Union Pay. Deposits are typically instant for cards and e-wallets, while bank transfers may take 2-5 business days. Withdrawal times vary from instant to up to 10 days depending on the method.
Magic Compass is a regulated broker with licenses from multiple authorities including CySEC in Cyprus and the Securities and Futures Commission (SFC) in Hong Kong. These regulators oversee its compliance with financial laws and client protection standards. The broker operates under onshore regulation and follows strict fund segregation rules.
MC900 has 6 licence records with Wikilix, issued by 4 authorities across 4 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
MC900 holds licence records issued by SFC, CySEC, FSA, FSC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
4 of the licence records held by MC900 come from tier-1 or tier-2 authorities (3 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 6 licence records held by MC900 has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
MC900 has licence records in Hong Kong, Cyprus, Seychelles, Lebanon. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.