MC Prime review
Updated September 30, 2026 · SumCue Editorial Team · Facts checked September 30, 2026
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Our verdict
MC Prime runs a commission-free, low-fee model across forex, CFDs and crypto, and the trading fee is $0, which is the cheapest showing among the brands compared here. It suits traders who want costs kept simple and accept holding funds in a multi-licence offshore structure, with a CySEC licence alongside two overseas regulators.
Key facts
- Best for
- Traders who want a commission-free account and do not mind a multi-licence offshore setup
- Stock trade fee
- $0↗
- Markets
- Forex, CFDs, Crypto, Metals↗
- Regulators
- CySEC, Financial Services Commission (Mauritius), Financial Services Authority (Seychelles)↗
- Investor protection
- EU ICS up to EUR 20,000↗
- Legal entity
- Magic Compass Group↗
- Features
- Crypto, Mobile app
- Pricing model
- Commission-free, Low fees
- Audience
- Beginners, Experienced traders
- Official website
- mc-prime.com
Facts checked September 30, 2026, 2 sources
Apps and profiles
- Elsewhere
- Trustpilot
Pros and cons
Pros
- Trading fees sit at $0, with no commission on the account model it describes
- Regulated by three separate bodies, including CySEC under licence 299/16
- Covers forex, CFDs and crypto in one account, so forex, metals, CFDs and crypto sit side by side
- EU investor compensation is offered at EU ICS up to EUR 20,000
- Trading runs in a mobile app, listed among the account features
Cons
- The same product range spans three regulators, so the entity holding the money is not a single one
- Deposits protected by the EU scheme reach EU ICS up to EUR 20,000, which caps recovery for larger balances
- Fees are $0 for trading, while forex and metals activity still carries spread costs not covered by that figure
Who it suits
- Traders moving between forex, metals, CFDs and crypto who want one account for all of it
- Beginners who prefer commission-free pricing over tiered fee schedules
Who should look elsewhere
- Investors who want shares and ETFs under the same roof, since forex, CFDs and crypto centres on leveraged products
- Anyone needing a single named regulator to hold their funds, given the spread of CySEC, Financial Services Commission (Mauritius) and Financial Services Authority (Seychelles)
Deposit protection
Protection depends on which entity holds the account, and MC Prime lists CySEC, Financial Services Commission (Mauritius) and Financial Services Authority (Seychelles) as its regulators. The only stated investor protection is EU ICS up to EUR 20,000, and that scheme covers eligible balances up to a set ceiling rather than every deposit. Accounts taken with the Mauritius or Seychelles entities sit outside that EU arrangement, so a trader with a large balance should treat the cap as the realistic limit on what is protected. Money held on any account can be reduced by market moves as well as by platform failure, and forex, CFDs and crypto positions can lose value quickly.
Who regulates it
MC Prime names three supervisory bodies: CySEC in Cyprus under licence 299/16, the Financial Services Commission in Mauritius under licence GB23201764, and the Financial Services Authority in Seychelles under licence SD184. Having a CySEC licence means a European operation sits under an EU authority, while the other two licences cover the offshore entities. Which regulator applies depends on the legal entity on the account paperwork, so that document is the one to read before depositing.
The company behind it
The operation sits under the legal entity Magic Compass Group. That group appears against three separate regulators, which means customers may be onboarded to different entities depending on region rather than to one firm with one rulebook. Licence references 299/16, GB23201764 and SD184 let readers check the register entry for the entity named on their own account, and that check is worth doing before any transfer.
How MC Prime compares
9.4 vs 8.7
9.4 vs 8.3
9.4 vs 9.0
9.4 vs 8.5
9.4 vs 9.4Covers stocks, ETFs and forex with a broader market list, adding shares, ETFs and bonds to the forex and crypto range MC Prime lists.
9.4 vs 9.3Charges €0 on stock trades, matching MC Prime's pricing on shares while sitting in a different market category.
9.4 vs 8.7
9.4 vs 9.2
9.4 vs 8.7
9.4 vs 8.6
9.4 vs 9.2
9.4 vs 9.2
9.4 vs 9.0
9.4 vs 9.2
9.4 vs 9.2
9.4 vs 9.2
9.4 vs 9.1
9.4 vs 9.0
9.4 vs 9.0
9.4 vs 9.0
9.4 vs 8.8
Where MC Prime is available
- Available
- Everywhere except Belarus, Cuba, Iran, North Korea, Russia, Syria, United States
- Licence in Cyprus
- CySEC (299/16), checked September 30, 2026
- Licence in Mauritius
- Financial Services Commission (Mauritius) (GB23201764), checked September 30, 2026
- Licence in Seychelles
- Financial Services Authority (Seychelles) (SD184), checked September 30, 2026
Frequently asked questions
What does it cost to trade with MC Prime?+
MC Prime describes its model as commission-free with low fees, and the trading fee shown is $0. That figure covers the commission side of dealing rather than the full cost of a position, since spread charges on forex and metals trades apply on top. Readers should treat the trading fee as one component of the cost, not the whole bill.
Is my money protected if the firm fails?+
The protection MC Prime states is EU ICS up to EUR 20,000. That is an EU arrangement with a ceiling on eligible balances, so it protects a portion of a larger deposit rather than the full amount. Accounts held with the Mauritius or Seychelles entities are not covered by that EU scheme, which makes the size of the balance a practical consideration.
Who regulates MC Prime?+
MC Prime lists CySEC, Financial Services Commission (Mauritius) and Financial Services Authority (Seychelles) as its regulators. The Cyprus operation holds licence 299/16, the Mauritius operation holds GB23201764 and the Seychelles operation holds SD184. Which one applies depends on the legal entity named on the account documents.
What markets can I trade on one account?+
The markets listed are forex, CFDs and crypto. That means forex, CFDs, crypto and metals all sit within the same platform rather than needing separate accounts. Shares and ETFs do not appear in that list, so a reader wanting to hold company stock would need a different provider.
Who is the company behind the brand?+
The brand operates under the legal entity Magic Compass Group. Because the group appears against several regulators, customers may be onboarded to different entities depending on where they live. Reading the entity name on the account paperwork tells a reader which register to check.
Who is this account for?+
MC Prime lists beginners and experienced as the audience it serves, so both newcomers and experienced traders are targeted. The commission-free model suits people who want simple pricing, while the spread of markets gives experienced traders room to work across asset classes. Beginners get fewer fee layers to understand.
Can I trade from my phone?+
A mobile app is listed among the features, so trading on a handset is supported. Combined with the forex, CFDs and crypto range, that covers forex, CFDs, crypto and metals from a single app. Desktop access is not described in the available information, so check the platform options before opening an account.
What kind of account does it run?+
The account model is described as commission free and low fees, which means pricing is built around no commission and a low fee rather than a tiered schedule. On that model the trading fee is $0. There is no account type split described, so every client sits in the same structure.
Sources
- mc-prime.com/en checked September 30, 2026
Backs: Pricing model, Stock trade fee
“0 commission, low spreads, high leverage, & unlimited trading possibilities”
- mc-prime.com/en/aboutUs checked September 30, 2026
Backs: Audience, Features, Investor protection, Legal entity, Markets, Regulators, Licences
“MC Prime offers powerful features for traders of all levels.”
Compiled from 2 source pages, checked September 30, 2026. We did not open an account.
Not confirmed yet: Minimum deposit, Account fee, Inactivity fee, Retail accounts that lose money.
MC Prime
Traders who want a commission-free account and do not mind a multi-licence offshore setup