What mc markets does

MC Markets is a private digital asset exchange founded in 2023 and headquartered in Hong Kong, operating under the Magic Compass brand with shared rights to the Magic Compass trademark. The platform offers spot trading, perpetual contracts, instant swap, and a unified portfolio across crypto assets (BTC, ETH, SOL, BNB) and traditional reference assets including equities (TSLA, NVDA), indices (Nasdaq 100), precious metals (gold/XAU), forex (EUR/USD), and energy markets. It serves 300K+ registered users across three primary segments: retail traders via a zero-fee Standard Account, VIP/professional traders via a tiered VIP Premium Account (V0-VIP6 with fees declining from 0.0200% to 0.0140% per side based on 14-day weighted volume thresholds from $5M to $7B), and institutional/quant clients via customized APIs, co-location access with sub-1ms matching latency, OTC block trading, and dedicated account managers.

The underlying technology stack emphasizes transparency and execution quality: an on-chain verifiable proof-of-reserves system advertising 100%+ asset backing with independent audits, dedicated low-latency API channels for market makers, and authentication powered by Privy supporting Google OAuth, email, and MetaMask wallet connectivity. The platform reports $26B+ in 24-hour trading volume across 200+ trading pairs and 100+ supported assets. Revenue mechanics are primarily transactional — taker fees at 0.01% (75% below stated industry average), negative maker rebates of -0.005% for market makers, commission shares up to 40% for channel partners, and yield income from Vault (MLP) and Earn products — with a 120+ active partner network generating $2.8B in monthly referred volume and 50+ media partner outlets producing 120M+ monthly impressions.

Go-to-market combines a self-serve digital platform (one-click registration, fee-free deposits/withdrawals) with a multi-tier partnership ecosystem (market makers, channel/affiliate partners, KOL/content creators, institutional sales, and project/listing partners) and a dedicated institutional field sales team. No funding rounds, revenue figures, headcount, management team, or regulatory licenses are disclosed in the available source material, and no AI/ML capabilities are documented across the product surface.

Name

mc markets

Legal name

MC Markets

Website

https://mcmarkets.com

Company type

Private

Founded year

2023

Operating status

Operating

Short description

MC Markets is a private Hong Kong-based digital asset exchange founded in 2023, operating under the Magic Compass brand. It offers spot and perpetual trading across crypto and traditional reference assets to retail, VIP, and institutional clients via sub-1ms matching infrastructure.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316), Securities and Commodity Exchanges (523210)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Spot Crypto Exchanges (Order-Book & Matching Engine) (FSADAAAA)

akta.pro secondary industries

Crypto Derivatives Exchanges (Futures, Options & Perpetuals) (FSADAAAD), Market Making & Liquidity Provision (FSADAJAC)

Keywords

• Cryptocurrency exchange
• Spot trading platform
• Perpetual contracts
• Digital asset exchange
• Multi-asset trading

Headquarters

HQ city

Hong Kong

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations

Revenue model

1. Trading Fees: Taker fees at 0.01% (75% below industry average) and tiered maker/taker fees for VIP accounts ranging from 0.0140% to 0.0200% per side depending on VIP tier. Stablecoins and designated spot products carry zero trading fees.
2. VIP Premium Account Fees: VIP Premium Account charges transparent tiered fees that decrease as trading volume grows. Tiers V0 through VIP 6 with fee discounts from 0% to 30% off base rates. Higher volume unlocks better execution closer to best available price.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

MC Markets operates a digital asset exchange offering spot trading and perpetual contract trading across crypto (BTC, ETH, SOL), global indices (Nasdaq 100), precious metals (Gold), forex, and energy markets. The platform provides a unified trading account with zero-fee deposits and withdrawals, a Standard zero-fee account and a VIP Premium tiered-fee account, plus yield products (Vault/MLP and Earn). Customer assets are backed 100%+ with on-chain verifiable proof of reserves.

Product overview

MC Markets is a transparent, verifiable digital currency exchange operating as a unified multi-asset trading platform. The core offering combines spot trading and perpetual contracts across crypto (BTC, ETH, SOL, BNB), global indices (Nasdaq 100), precious metals (XAU/Gold), forex (EUR/USD), and energy markets. Users can access the platform via Standard Account (zero fees) or VIP Premium Account (tiered fees with dedicated service). The product suite spans trading (Spot, Perpetuals, Instant Swap, Buy Crypto), finance (Vault/MLP, Earn), institutional services (Market Maker, Institutional/Quant, Channel Partner, KOL programs), and research (Market Insights, Academy). All assets are backed 100%+ with on-chain verifiable proof of reserves. The platform integrates Google and MetaMask for authentication, with Privy powering wallet connectivity.

Differentiator

Problem solved

Functional benefit

Products and services

• Spot Trading Crypto spot trading allowing users to buy and sell digital assets with 100%+ reserve backing, supporting major coins including BTC, ETH, SOL across multiple blockchain networks.
• Perpetual Contracts
• Buy Crypto
• Instant Swap
• Portfolio
• Vault (MLP)
• Earn
• Institutional / Quant Trading

Quantifiable outcome

• 24h trading volume exceeds $26 billion
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, moderate and minor.

• Magic CompasscoreStrategic or Co-development PartnerMC Markets operates under the Magic Compass brand authorization and shares trademark rights. This is a core licensing/brand partnership providing the regulatory and brand foundation for MC Markets operations.
• Market Maker PartnerscoreChannel Partner/ Reseller/ DistributorMarket makers providing deep liquidity for major derivatives pairs. Enjoy industry-leading maker rebate rates as low as -0.005%, dedicated API channels with millisecond latency, order book depth incentives, and 24/7 dedicated risk management support.
• Channel PartnerscoreChannel Partner/ Reseller/ DistributorReferral partners bringing new users through dedicated referral links, earning ongoing commission based on trading volume. Up to 40% commission share with lifetime referral validity and daily settlements at 00:00. Access to multi-tier referral system, conversion funnels, and sub-account management.
• KOL/Content Creator PartnersmoderateChannel Partner/ Reseller/ DistributorCrypto bloggers, community operators, and analysts. Receive exclusive content resources (market flashes, research reports, early product access), joint event planning, fan reward packages, and KOL tier system with quarterly reviews.
• Institutional/Quant PartnerscoreChannel Partner/ Reseller/ DistributorQuant funds, asset managers, and proprietary trading desks. Customized fee rates starting at 0.005%, co-location access with matching latency under 1ms, dedicated account manager plus technical liaison on 24/7 standby, and OTC block trading for large off-exchange fills with price protection.
• Media/Community PartnersminorGTM or Marketing PartnerCrypto media, industry communities, and information platforms. Joint coverage and executive interviews, co-sponsored events, brand exposure resources including ad-slot swaps and co-branded logo placement, and free access to market data APIs.
• Project/Listing PartnersmoderateStrategic or Co-development PartnerProjects with quality derivatives instruments. 48-hour fast review by dedicated listing committee, joint TGE and marketing support, initial liquidity support from platform market makers, and cross-chain bridge support.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Bitget: Derivatives-led centralized crypto exchange offering spot, perpetuals, copy trading, and a tiered fee structure with institutional-grade APIs. Directly comparable in product mix and target trader (retail to pro) to MC Markets.
• Bybit: One of the largest derivatives CEXs globally, offering spot, perpetuals, copy trading, and institutional APIs with a tiered VIP fee schedule similar to MC Markets' VIP Premium Account.
• MEXC: Global CEX with broad altcoin spot listings and perpetuals, targeting active retail traders with low-fee accounts — closely comparable to MC Markets' zero-fee Standard Account positioning.
• Gate.io: Long-running CEX with extensive altcoin spot coverage and perpetuals, a tiered fee/VIP structure, and broad global user base — a close analogue to MC Markets' spot-plus-derivatives offering.
• KuCoin: Global CEX offering spot, futures, margin, and earn products with tiered VIP fees and an affiliate/partner ecosystem that mirrors MC Markets' channel partner and Earn/Vault product set.
• BingX: Derivatives CEX known for copy trading and tiered fee accounts, targeting pro retail and partners — closely comparable to MC Markets' KOL/Content Creator and VIP tier approach.
• HTX (Huobi): Established CEX with spot, perpetuals, and earn products across crypto and selected traditional assets. Comparable scope and target audience to MC Markets, with a similar multi-asset perpetuals roadmap.

Broad incumbents

• OKX: Top-tier global CEX with a unified spot + derivatives + multi-asset platform, institutional APIs, and proof-of-reserves disclosures. Operates at meaningfully larger scale than MC Markets but offers the same core product set.
• Bitfinex: Long-standing CEX historically serving professional and institutional crypto traders with deep derivatives books and tiered fees — overlap with MC Markets' institutional/quant customer segment.
• Crypto.com: Large-scale CEX offering spot and derivatives plus an integrated app/earn/credit product suite, with a regulated posture and broad retail audience — broadly comparable to MC Markets' multi-product positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/mcmarkets

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about mc markets