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MagicKeys Review – Main Advantages, Pros, And Cons Revealed

MagicKeys Review

MagicKeys is practically a Shopify e-commerce store offering a wide range of trading-related products. One of the main ones is the company’s physical version of the tool. It highly reminds of DJ-ing equipment, but the whole purpose of it is to make trading a lot easier.

We are about to see whether these tools are reliable or not. With more than 70% of negative comments about it, we highly doubt it. But before we make conclusions, let’s see in this MagicKeys review what this company offers.

Company Type Trading Tools Provider
Legal name Marketfluidity
Regulation Not expected
Registered in N/A
Established 2019
Website https://magickeys.trade/
Financial Authorities Warnings No official warnings
Contacts E-mail
If a withdrawal is possible Depends on the broker
Fees From $37.90
If Active on Social Media: Yes – Facebook, Twitter, Instagram, YouTube, TikTok
Investor Protection: None
Activity areas United States, United Kingdom, Germany, France
Main threats Fake positive reviews; bad support; unreliable services;
Main perks None

Legal Information About MagicKeys

As can be seen, MagicKeys is operated by Marketfluidity. Thus, that’s not the full legal name behind this company, and it will stay anonymous. In any case, this company appears to be registered in Canada, but there’s no confirmation of that.

With their quite poor contact options, it’s quite hard to trust anything they say. With only e-mail available, you should prepare your nerves if you seek any assistance from them. To be fair, their 30K followers on social media like Instagram can’t change the fact that the company is absolutely anonymous.

Overview Of MagicKeys Features

The whole idea of MagicKeys products is to make the trading experience as easy as possible. Whether you opt for the physical or online version, MagicKeys can help all traders maximize their results by choosing the right trades at the right time. 

In addition to regular trading features, there are also automated ones. Thus, those automated ones can’t be considered fully automated. After all, when you have to set the parameters for tools to trigger trades, it’s not automated indeed.       

Traders Reviews

Whether you look at Trustpilot or Reddit comments, you won’t see any traders amazed by this product. In fact, the situation is completely opposite. 

It appears the company has big problems with product delivery, poor customer support, and annoying advertisement features. All in all, the MagicKeys reviews don’t look promising.

What Features Does This Tool Offer?

In general, the physical and digital versions offer pretty much the same. Of course, the physical version is far more interesting to operate and fairly more convenient. 

Regardless of the option you choose, you will have 27 buttons available to make your trading experience more effective. Some of the features are:

  • Risk calculation
  • Automated break-even pricing
  • Trading limits panel
  • Scaling out
  • Moving stop-loss and much more       

Pricing Options

If you opt for the MagicKeys digital version, you might save a ton of money since this option costs only $37.90. Even though it offers all the features of the physical ones, it has some disadvantages. For example, many traders reported issues verifying their licenses for this on-screen feature, which can be quite annoying.

With the company’s current offer, you’ll have to set aside at least $185 for the MagicKeys physical version, which usually costs $199.06.

One quite interesting detail is that the company offers an additional 30% off with an MK30 code and 4 interest-free payments if you use the AfterPay payment option.

Platform Integrations Available

One of the big disadvantages of this tool, besides MagicKeys’ price, is integration with third-party trading software. Yes, we all know Meta Trader and cTrader are the most popular platforms, but maybe that’s exactly the point with this company.

In any case, if you want to use it with any broker who doesn’t have these features, that will be a problem. All in all, these trading tools that don’t have positive reviews are not even considered checking. Same as with KeepKey or CoinStats.  

Compatibility With Brokers

As can be seen, compatibility with different brokers is limited because the MagicKeys MetaTrader and cTrader are the only integration options. In any case, the company claims these tools can be used with any other broker. But is it truly worth throwing money away for such tools?

Conclusion: Is MagicKeys Worth the Money?

Generally speaking, none of these tools can be worth it if you don’t know what you are doing, especially if you have to pay them. Not to mention, tools like cTrader and MetaTrader provide more than enough tools for analytics. 

Another downside is that money used to pay for these tools can be used way better. For instance, investing. Whatever broker you work with, we are sure $200 is far more valuable in the account balance rather than tools. These tools are only designed to make trading effortless. But be sure these won’t help you make better trading decisions whatsoever.

Key Problem: Where To Invest The Money?

With or without experience, traders will always be afraid of their investments. When they invest their hard-earned money, they hardly trust anyone. That’s why the Funded Trading Plus program makes a big difference in the trading world. Instead of risking your own money in investments, you can start using virtually funded account programs and get hold of up to $2.5 million in the account balance.

One of the main advantages is that traders don’t have any limitations in terms of using advanced features. Not even with automated tools. That’s why thousands of traders trust Funded Trading Plus which has a 4.8-star average rating on Trustpilot.

In general, this UK-based firm can be far more profitable for any trader than any trading tool. Sign up today and find out unmatched possibilities with Funded Trading Plus programs.

FAQ

What is MagicKeys?

MagicKeys is a company offering a wide range of trading tools that also include automated trading tools as well.

Does MagicKeys Work On MT5?

According to the company’s presentation, MagicKeys can work on MT5, but also MT4 and cTrader.

What is the Battery Life of MagicKeys?

Apparently, MagicKey's physical version can work for up to 30 days without replacing the battery.

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