(4.7 / 5)2170+ Ratings

Magic Keys Reviews

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Overall Rating

4.7
10 Reviews
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About Magic Keys

MagicKeys.trade is a website that offers a range of products and services designed to enhance Forex and Indices trading. Here are the key features and details about their offerings:

  1. Magic Keys V3 Lot Size Calculator:

    • Description: A handheld device that helps traders level up their trading by automatically calculating lot sizes and setting automatic triggers to protect valuable trades.
    • Features:
      • Risk Management: Automatically calculates fixed or dynamic lot sizes, multiple partial take-out triggers, and breakeven points.
      • Trading System: Allows for closing entire positions or partials, moving stop-loss and take-profit prices to preset levels, or typing the number of pips.
      • Fast Easy Execution: Features clear and colored individual display buttons for easy identification and instant trade execution.
      • Trade Management: Helps prevent overtrading by showing when trading limitations for the day have been reached.
      • Statistics: Provides performance statistics on individual instruments, giving insights into risk before placing a trade.
    • Compatibility: Compatible with Windows and Mac, and supports Metatrader 4/5 and cTrader.
  2. Digital Magic Keys:

    • Description: A digitalized version of the Magic Keys with the same features, designed for managing trades with lightning-fast execution.
    • Key Features: Same as the physical version but in a digital format, ideal for those who prefer a screen-based interface.
  3. Customer Support and Reviews:

    • Customer Base: Trusted by over 30,000 customers.
    • Reviews: While some users find it useful, others have noted a lack of customizability in button functions, suggesting it might feel more like a gimmick.
  4. Pricing and Availability:

    • Magic Keys V3: Available for purchase on Amazon and directly from the MagicKeys website, priced at $185.00.
    • Digital Magic Keys: Sold separately, details available on the MagicKeys website.

Overall, MagicKeys.trade offers a range of tools designed to streamline and enhance Forex and Indices trading, focusing on risk management, fast execution, and user-friendly interfaces.

Magic Keys Pros & Cons

Pros of Magic Keys V3:

  • Automatic Trade Management: Helps refine automated trading systems and allows for easy risk management.
  • Instant Risk Calculation: Calculates risk for each trade based on account percentage, fixed amount, or fixed lots.
  • Customizable Buttons: Allows traders to set specific risk parameters and automate trade actions.
  • Backlit Keys and Aluminum Case: Provides a durable and user-friendly interface.
  • Compatibility: Works with Metatrader 4/5, cTrader, Windows, and Mac.
  • Performance Statistics: Offers insights into past performance and risk management.

Cons of Magic Keys V3:

  • Cost: Priced at $185.00, which may be considered high for some traders.
  • Customer Service Issues: Some customers have reported issues with customer service and device charging.
  • Limited Customization: Some users find the lack of extensive customization options a drawback.
  • Negative Reviews: Some traders have expressed dissatisfaction with the product, suggesting it might not be as effective as other tools like IBKR or NinjaTrader.

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Magic Keys Customer Reviews (10)

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Karolin Eichelberger
Karolin Eichelberger
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May 10, 2023
Patrick Peacock
Patrick Peacock
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May 10, 2023
Jude Ali
Jude Ali
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May 10, 2023
Ermengardi Descoteaux
Ermengardi Descoteaux
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May 8, 2023
Baptiste Rochon
Baptiste Rochon
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Janet Dye
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Matthias Klein
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May 6, 2023
Joseph Murphy
Joseph Murphy
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May 5, 2023
Chelsea Ryan
Chelsea Ryan
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May 5, 2023
Ethel Huff
Ethel Huff
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May 4, 2023

Magic Keys Customer’s Q&A

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Magic Keys Features and Benefits

Key Features and Benefits of Magic Keys:

  1. Instant Risk Calculation: Automatically calculates the risk associated with each trade.
  2. Automatic Breakeven Prices: Sets automatic breakeven prices to manage profits and losses.
  3. Multiple Partial Take Profit Prices: Allows setting multiple partial take profit prices to optimize trading strategies.
  4. Trading Limits Panel: Provides a panel to set trading limits, ensuring risk management is in place.
  5. Partial Stop Loss: Enables setting a partial stop loss to limit potential losses.
  6. Lot Size Calculator: Automatically calculates lot sizes based on risk management settings.
  7. Customizable Trading: Offers customizable trading options, including setting stop losses and take profits.
  8. Real-Time Stats: Provides real-time statistics to monitor trade performance.
  9. Built-in Keys: Includes 28 built-in keys, each representing distinct features for risk management, trade execution, and analytical capabilities.
  10. Partial Position Closing: Allows closing partial positions, half positions, full positions, or custom amounts.

These features collectively help traders manage their trades more effectively, ensuring better risk management and optimized trading strategies.

Magic Keys Pricing

The Magic Keys Version 3 is priced at $185.00 on Amazon. Additionally, there are other products and accessories available on the Magic Keys website, such as the digital version and various stands, but the specific pricing for these items is not provided in the given sources.

Magic Keys FAQs

FAQ

Magic Keys Alternatives

Top 10 Magic Keys trade alternatives:

  1. mqldiscussions.com - A trusted online community for Metatrader developers to learn and share programming knowledge.
  2. creative-currency.org - A site focused on creative currency trading strategies.
  3. instatrade.com - Offers instant trading solutions and automation tools.
  4. investx.fr - A user-friendly bridge for automating TradingView alerts to MT4/MT5.
  5. pineconnector.com - Provides similar trading automation features.
  6. itg-futures.com - Specializes in forex trading made simple with supply and demand strategies.
  7. phantomtradingfx.com - Offers a supply and demand trading course and community.
  8. ctrader.com - The official platform for cTrader, offering the latest updates and help guides.
  9. clickalgo.com - Provides click-based trading algorithms and tools.
  10. fbs.com - A popular forex broker with extensive trading tools and resources.
FAQ

What is the shipping policy of magickeys.trade?

Magic Keys offers free worldwide shipping to all major destinations. They also provide customer service to answer all your questions and provide technical support. In terms of payment security, your information is processed securely, and they accept both Cards and PayPal. They also offer a 1-year warranty for defective products with an immediate replacement policy. If you have any more questions about their policies, it's best to reach out to them directly for the most accurate information.

FAQ

About magickeys.trade Prices and Cost?

The website magickeys.trade offers a product called Magic Keys V3. This product is priced at $199.06, but it is currently on sale for $185.00. The Magic Keys V3 is a tool designed to make trading more immediate and precise. It is trusted by more than 42,000 customers. The device comes with a lot of features such as automatic trade management, easy trade exiting, trading limits, and performance statistics. It also offers free worldwide shipping to all major destinations. The company provides customer service to answer all your questions and provide technical support. They accept secure payments through cards and PayPal. The product comes with a 1-year warranty for defective products, which are replaced immediately. However, there are some negative reviews about the product and the customer service on Trustpilot. Some customers have reported issues with the device charging and the lack of response from customer service. Despite these issues, some customers have found the device to be a game changer for their trading. Please note that this information is based on the latest available data and may not be completely up-to-date.

FAQ

What are the features of Magic Keys V3?

The Magic Keys V3 is a handheld device designed to level up your trading. It comes with a great finish, aluminum case, and backlit keys. The device is designed to automatically calculate lot sizes and set automatic triggers to protect your valuable trades. It simplifies risk management on platforms like Metatrader 4, Metatrader 5, and cTrader. The device allows for instant risk calculation for each trade, setting an automatic break-even price, and setting multiple partial take profit prices. It also provides functionalities like trading limits panel, setting a partial stop loss, scaling out easily, moving stop loss with unprecedented precision, and scaling in trades by getting new entries for the same initial trade. It also allows for quick action buttons to move trade levels based on RR, statistics based on your past performance on that trade, and connecting your custom scripts and automations. The new chip in the Magic Keys V3 opens doors for Mac compatibility and more stable connectivity.

FAQ

Are there any other products on magickeys.trade?

Yes, there are several products available on magickeys.trade. The main product is the Magic Keys Lot Size Calculator, a tool designed to make trading more immediate and precise. It's trusted by more than 42,000 customers and offers features like automatic trade management, easy trade exiting, trading limits, and performance statistics. The Magic Keys V3 is a handheld device that helps level up your trading by automatically calculating forex and indices position sizes, setting triggers to protect valuable trades, and managing risk like a pro. There's also a Digital Magic Keys version available for those who prefer a non-physical product. All these products aim to maximize profits, improve performance, and increase efficiency in trading.

FAQ

About magickeys.trade Popular Products and Services?

"Magickeys.trade" offers a Lot Size Calculator with a magic touch, which is a tool for making trading more immediate and precise. This tool is trusted by more than 42,000 customers. It allows traders to manage risk, open orders based on risk parameters with a key press, and set automatic trade management with ease. It also provides statistics on your performance on individual instruments and gives an insight on what you are risking before placing a trade. The Magic Keys V3 is a physical product that comes in a CNC machined aluminum case with perfect edges and backlit keys. It is compatible with both Windows and Mac. They also offer a Digital Magic Keys version. The website offers free worldwide shipping to all major destinations, secure payment options, and a 1-year warranty for defective products. The product has received positive reviews for its user-friendly design and easy navigation.

FAQ

How much does the Magic Keys Lot Size Calculator cost?

The Magic Keys Lot Size Calculator is priced at $185.00. There is also a promotional offer where you can get an extra 20% off with the code MK20 for a limited time.

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