MCPRIME

The credibility of MCPRIME is a subject of significant concern, as its overall WikiFX score of 2.01 reflects substantial deficits in both its regulatory and risk control frameworks. While the broker is registered in Mauritius under the full name Magic Compass Capital Ltd and holds an active Securities Trading License, this license does not constitute an authoritative forex trading authorization from a globally recognized financial regulator. The firm operates without any verified mainstream forex regulation, which indicates an absence of independent financial oversight and established client fund protection mechanisms.

MCPRIME is registered in Mauritius and has been in operation for 2 to 5 years. The company's full legal entity is Magic Compass Capital Ltd, which falls under the business classification of a regional broker.

MCPRIME provides leverage up to 1:500 on its Standard account type and up to 1:200 on its US Cent, RAW, and Basic accounts. The broker's minimum deposit requirement begins at 50 USD for account opening.

No, MCPRIME does not support the MetaTrader 4 platform. The broker offers trading exclusively through the MetaTrader 5 platform, which according to WikiFX assessment maintains an average reported execution speed of 92.8ms.

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