MC Prime presents itself as the Southeast Asian subsidiary of Magic Compass Group and a CFD broker for forex, gold, indices and crypto, advertising zero commission, spreads from 0.2 pips and leverage up to 1:500. It also lists three separate regulators across three jurisdictions. That combination — wide leverage plus a multi-entity licensing structure — is exactly what a prospective client should analyse before depositing, so this review looks at both the product and the risk.
📋 Quick Verdict
MC Prime is a contract-for-difference broker offering the standard menu of macro instruments: forex pairs, precious metals including gold and silver, energies, global stock indices such as the US Tech 100 and S&P 500, and major cryptocurrencies quoted against the US dollar. Execution runs through MetaTrader 4, MetaTrader 5, a browser-based web terminal and a mobile app, with TradingView charting and trading functionality also promoted on the site. Pricing is structured around four account types with different deposit minimums, spreads and commissions.
Our review found the platform’s offer internally coherent: a $50 entry point on three of the four accounts, commission-free trading on those same accounts, and a raw-spread account at $7 per lot for traders who prefer paying commission to get spreads from zero. The leverage ceiling of 1:500 on the standard account, however, is the detail that matters most — and it is the reason this review spends as much time on risk and oversight as on features.
Regulatory claims deserve careful reading. The company’s own materials list a Cyprus Securities and Exchange Commission membership under licence 299/16, a Financial Services Commission of Mauritius licence numbered GB23201764, and a Seychelles Financial Services Authority licence numbered SD184. Three licences in three jurisdictions is not unusual for brokers serving international clients, but it means the entity holding your account, the compensation scheme available to you and your dispute route all depend on where you are onboarded and under which licence.
What works
- Four account types with genuinely different economics — STP standard, classic MT4, raw-spread and cent accounts
- Low entry barrier: $50 minimum on the standard, classic and cent accounts
- Zero commission on three of four accounts, with spreads advertised from 0.2 pips
- Raw account offers spreads from 0.0 pips for a $7 commission, which suits higher-frequency strategies
- MetaTrader 4 and 5, plus a web terminal and mobile app, cover desktop and on-the-go trading
- Copy trading is explicitly supported on the standard account
What doesn’t
- Leverage up to 1:500 magnifies losses as sharply as gains; this is not a beginner-friendly setting
- Three licences across Cyprus, Mauritius and Seychelles — you must confirm which entity holds your account and what protection applies
- The raw-spread account requires $2,000 and is described as available for a limited time
- Marketing copy promising “huge profits” and “unlimited trading possibilities” is promotion, not analysis
- CFDs are complex, high-risk products; most jurisdictions require brokers to disclose the share of retail accounts that lose money — look for that figure
- Site content defaults to Chinese with a separate English section, so some account terms are easier to verify in one language than the other
- Account specs such as stop-out levels and pre-close margin changes are the kind of detail you should confirm inside your own contract, not from a landing page
🤔 What Is MC Prime?
MC Prime describes itself as the Southeast Asian subsidiary of Magic Compass Group and says it has grown into a significant participant in the online CFD industry, positioning its strengths as an easy-to-use platform, transparent service, 24-hour multilingual customer support and fast order execution. It is a trading platform and brokerage, not an investment adviser: you trade price movements on margin, you keep the profit or loss, and the broker earns from spreads, commissions and any applicable financing charges.
The product range is conventional for the category. On the commodity side the site highlights gold, silver and energies; on indices it names the US Tech 100 and S&P 500; on crypto it lists Bitcoin, Ethereum and Litecoin traded against the US dollar; and forex is offered across popular currency pairs. Beyond trading, MC Prime markets an accessory called MC Card — a digital card management platform supporting real-time currency exchange, global card usage, cloud synchronisation and backup.
⚙️ Key Features
Four account types with different economics
The account structure is the most useful part of the offer to analyse. The standard STP account on MT5 needs $50, advertises spreads from 0.2 pips, charges no commission and allows leverage up to 1:500, and it is the account that supports copy trading. The classic account runs on MT4 with the same $50 minimum and spreads, but leverage capped at 1:200. The raw-spread account on MT5 requires $2,000, quotes spreads from 0.0 pips and charges $7 per lot.
MetaTrader 4, MetaTrader 5 and a web terminal
Platform choice maps to account type: the standard, raw and cent accounts use MT5, while the classic account uses MT4. Both are the industry-standard terminals, which means third-party indicators, expert advisors and existing workflows transfer without relearning a proprietary interface. MC Prime also publishes a web terminal for browser access and a downloadable mobile app, and promotes TradingView charts and trading functionality, including advanced drawing tools, for digital-asset markets.
Order specifications worth knowing before you size a trade
The published account comparison lists a minimum order of 0.01 lots, a maximum of 20 lots per order for most instruments — reduced to 5 lots on cryptocurrencies — and a maximum of 100 positions. Execution is described as market and limit. Margin-related parameters are also published, including a hedging margin figure and a stop-out level, with margin requirements rising in the window immediately before market close.
Leverage from 1:200 to 1:500 — and why that is the headline risk
Leverage is presented by the broker as a tool that lets you profit from small price movements and gear your portfolio for greater exposure. It does both of those things, and it also means a small adverse move can eliminate a much larger position. At 1:500, a fraction of a percent against you can consume a large share of your margin.
Instrument coverage across asset classes
Forex, commodities, indices and crypto in one account gives macro traders room to express a view without opening additional brokerage relationships. Gold and silver CFDs are the marketing focus, which matches the site’s pitch around trading gold with “advantageous conditions”. Crypto CFDs quoted against the dollar cover the largest tokens, though the maximum order size on cryptocurrencies is smaller than for other instruments — a detail worth noting if sizing is central to your strategy.
💰 Pricing & Plans
MC Prime does not charge a platform fee. Your cost of trading comes from spreads, commissions on the raw account, and financing charges on positions held overnight. The table below reproduces the account economics published on the platform’s own account-types page; treat it as the starting point for your own cost calculation, because spreads fluctuate with market conditions and the specific conditions attached to your onboarding entity.
| Account | Min deposit | Spreads | Max leverage | Commission |
|---|---|---|---|---|
| Standard (STP, MT5) | $50 | From 0.2 pips | 1:500 | $0 |
| Classic (NEO, MT4) | $50 | From 0.2 pips | 1:200 | $0 |
| Raw spread (MT5) | $2,000 (limited-time availability) | From 0.0 pips | 1:200 | $7 per lot |
| Cent (USC, MT5) | $50 | From 0.2 pips | 1:200 | $0 |
A second standard-account variant is also listed with a deposit minimum that depends on the payment system and leverage up to 1:1000, so the correct comparison depends on which entity and payment rail you are onboarded through. Instruments available across all accounts are forex, commodities, cryptocurrencies and indices. Check current pricing and the exact contract specifications inside the platform before depositing, since spreads, leverage caps and financing charges can change.
⚔️ MC Prime vs. the Alternatives
| Type of broker | Typical leverage | Entry cost | Best for |
|---|---|---|---|
| MC Prime | 1:200 to 1:500 by account (a standard variant lists 1:1000) | $50 on three of four accounts | Traders wanting MT4/MT5, gold and crypto CFDs in one account |
| EU or UK regulated CFD broker | Typically capped far below 1:500 for retail clients | Varies; minimums are often higher | Traders who prioritise investor protection and dispute routes |
| Offshore high-leverage broker | Frequently 1:500 or higher | Usually low, sometimes zero-deposit entry | Experienced traders who accept weaker recourse |
| Stock or ETF broker | Little or none for cash accounts | Varies; commission-based | Long-term investors who do not need margin or CFDs |
Our analysis shows MC Prime sits in the high-leverage, multi-jurisdiction part of the market. That is a deliberate commercial position, not a defect: it gives clients small minimums, zero commission on most accounts and access to MT4 and MT5. The trade-off is that the onus of due diligence moves to you. Larger account minimums at more heavily restricted brokers buy protections that a $50, 1:500 account does not include. Decide which of those two things you actually want before comparing spreads.
🎯 Who Should Use MC Prime?
- Experienced CFD traders who already use MetaTrader. MT4 and MT5 support means no relearning and compatibility with existing indicators and expert advisors.
- Traders focused on gold and silver. Precious-metals CFDs are the platform’s headline market, alongside energies and indices.
- Macro traders who want forex, indices and crypto in one account. Consolidating instrument types reduces margin transfers between brokers.
- Traders testing a strategy with small size. The cent account and the $50 minimum on three accounts make small-scale testing affordable.
- Higher-frequency traders comfortable with commission pricing. The raw account at $7 per lot with spreads from 0.0 pips is aimed squarely at that style.
🚫 Who Should Skip It
- Complete beginners.
- Anyone who cannot verify the licensing entity.
- Investors seeking long-term holdings rather than margin. CFDs are trading instruments with financing costs; they are unsuitable for buy-and-hold portfolios.
- Traders who need investor compensation schemes.
- People who cannot fund $2,000 but want raw spreads. The low-spread account has the highest deposit requirement of the four.
❓ Frequently Asked Questions
What is the minimum deposit at MC Prime?
The platform lists $50 as the minimum for the standard STP account on MT5, the classic account on MT4 and the cent account. The raw-spread account requires $2,000 and is described as available for a limited time.
Does MC Prime charge commission?
Three of the four published account types carry a $0 commission, with the broker earning from spreads that start at 0.2 pips. The raw-spread account charges $7 per lot in exchange for spreads from 0.0 pips.
Is MC Prime regulated?
The company’s site lists Cyprus Securities and Exchange Commission membership under licence 299/16, a Financial Services Commission of Mauritius licence numbered GB23201764 and a Seychelles Financial Services Authority licence numbered SD184.
What can I trade on MC Prime?
Forex currency pairs, commodities including gold, silver and energies, global stock indices such as the US Tech 100 and S&P 500, and major cryptocurrencies including Bitcoin, Ethereum and Litecoin quoted against the US dollar.
Which platforms and apps are supported?
MetaTrader 5 is used for the standard, raw-spread and cent accounts, while the classic account runs on MetaTrader 4. MC Prime also publishes a web terminal for browser trading and a downloadable mobile app, and promotes TradingView charts and trading functionality, including advanced charting tools, for cryptocurrency markets such as BTC/USD.
How much leverage does MC Prime offer?
Maximum leverage is 1:500 on the standard STP account and 1:200 on the classic, raw-spread and cent accounts, with one standard variant listing up to 1:1000 depending on the payment system.
🏁 Final Verdict
MC Prime offers a conventional, functional CFD proposition: four account types, $50 entry on three of them, zero commission on those same accounts, MetaTrader 4 and 5, a web terminal and mobile app, and instrument coverage that spans forex, gold, indices and crypto in a single account. For traders already working in MetaTrader who want gold and crypto exposure without juggling brokers, the structure holds together and the raw-spread tier is priced sensibly for active trading.
The overriding caveat is risk, not features. Leverage up to 1:500, a low deposit minimum and a licensing footprint spread across Cyprus, Mauritius and Seychelles mean that the protections you get depend entirely on which entity onboards you and how carefully you read the contract specifications. Verify the entity, verify the licence on the regulator’s register, check the stop-out and margin rules inside the platform, and never trade a size where a single adverse move ends your account.
Compare accounts before you deposit
Review the account types, spreads and contract specifications on the platform, then confirm which licensed entity holds your account.
We may earn a commission if you buy through our links, at no extra cost to you. This review is based on publicly published information from the vendor’s own site, critically analyzed by our editorial team. Trading CFDs carries a high risk of losing money rapidly due to leverage; nothing here is financial advice.
Read next
Travel Hacks Guide Editorial Standards & Testing Methodology
At Travel Hacks Guide, we independently evaluate car rentals, international eSIMs, flight booking engines, and travel insurance. We never accept payment for ranking or recommendations. When you book via links on our site, we may earn an affiliate commission at no extra cost to you.