The Hong Kong subsidiary of Magic Compass Group, is a Hong Kong Securities and Futures Fee (SFC) licensed company and a member of Hong Kong Exchanges and Clearing Restricted (HKEX). Furthermore, Magic Compass Group additionally holds a number of licenses protecting securities, futures, foreign exchange, digital foreign money trade and pockets providers, and TCSP throughout a number of areas. Its enterprise capabilities span throughout Europe, Asia-Pacific, Southeast Asia, Africa, with places of work in Singapore, Hong Kong, Cyprus, Mauritius, Lithuania and Seychelles, boasting a world monetary licensing system.
Singapore, twenty first Could 2024 – On Could nineteenth to Could twentieth native time, Magic Compass Group (hereinafter known as Magic Compass) was invited to showcase on the 2024 Dubai Foreign exchange Merchants Summit. The occasion came about on the important exhibition space of the Foreign exchange Merchants Summit, the place the summit’s important discussion board additionally invited Magic Compass to satisfy with world companions and customers, aiming to debate and discover new traits and alternatives within the monetary trade by way of collaboration with trade companions.
The Hong Kong subsidiary of Magic Compass Group, is a Hong Kong Securities and Futures Fee (SFC) licensed company and a member of Hong Kong Exchanges and Clearing Restricted (HKEX). Furthermore, Magic Compass Group additionally holds a number of licenses protecting securities, futures, foreign exchange, digital foreign money trade and pockets providers, and TCSP throughout a number of areas. Its enterprise capabilities span throughout Europe, Asia-Pacific, Southeast Asia, Africa, with places of work in Singapore, Hong Kong, Cyprus, Mauritius, Lithuania and Seychelles, boasting a world monetary licensing system.
Integrating complete person eventualities with world licenses
It’s reported that Magic Compass Group’s subsidiary at the moment holds licenses together with Hong Kong SFC licenses 1,2,3,4,5 and 9, Hong Kong TCSP license, full licenses in Cyprus and Seychelles, Lithuania’s digital foreign money trade and pockets providers license, Mauritius funding seller license and extra. “We aim to create a safe and integrated product experience for users, in the hope that our users don’t have to operate multiple accounts when they want to use different products. Our global licensing system can provide users with an all-in-one financial service platform,” shared by Alex Zhou, Head of Advertising and marketing of Magic Compass Group, throughout the principle discussion board of the occasion.
On the exhibition, Magic Compass workers showcased their buying and selling interface, real-time quote, person flows, and different value-added providers to customers. In line with their workers, Magic Compass can present providers for each retail and institutional shoppers. For retail shoppers, customers can select between normal accounts and ECN accounts; As for institutional shoppers, providers corresponding to white labels and CRM options are additionally out there. At present, along with providing over 200 high buying and selling devices, Magic Compass can even present personalized providers based mostly on person wants.
Growing proprietary merchandise to enhance the expertise of providers
Regardless of the huge market alternatives, trade challenges corresponding to buying and selling prices and threat management compliance persist. In response to the above points, Alex Zhou acknowledged, “Differing from traditional trading service providers, Magic Compass invests heavily in R&D to develop its own product capabilities matrix, including trading systems, CRM systems, risk control systems, payments, smart contract wallets and more. The goal is to provide users with a seamless trading experience from the user’s perspective.”
Along with the mainstream buying and selling platform like MT5, Magic Compass additionally provides its proprietary buying and selling system Cats and MC Cost as spinoff service to fulfill extra diversified want by customers. This permits customers to finish your entire course of from account opening, KYC, buying and selling, fund deposits and withdrawals underneath one account system, catering to totally different customers’ preferences for numerous bridges and buying and selling programs. Moreover, Magic Compass revealed that its Hong Kong TCSP enterprise is quickly advancing, aiming to offer wealth administration service based mostly on the calls for of high-net-worth shoppers, along with securities, futures, foreign exchange, and different companies.
On the finish of the occasion, Magic Compass received the award of The Greatest FX Liquidity Supplier.
Media Contact
Group: Magic Compass Ptd Ltd
Contact Particular person: Jared
Web site: https://mcgrp.com/en
Electronic mail: jared.yu@mcgrp.com
Contact Quantity: +6592307617
Handle: 8 Temasek Boulevard,Suntec Tower 3
Nation: Singapore
Launch Id: 21052412378
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