FAQ
Investment & Advisory
What is the minimum investment to work with MAGNAX?
We typically work with clients investing from $5,000. The size of capital influences the range of strategies and instruments available. For smaller amounts, we can discuss alternative formats and point you in the right direction.
Do you guarantee returns?
No — and anyone who does is not being straight with you. Financial markets carry inherent risk. What we provide is professional analysis, risk-managed strategies, and full transparency on every position. All risks are discussed upfront and documented in your engagement agreement.
How does the initial consultation work?
It’s complimentary and carries no obligation. We meet online (Zoom or Telegram) or in person at our Iskele office. We learn about your financial objectives, investment horizon, and risk appetite, then walk you through potential approaches. You decide whether to proceed.
Do you work with clients outside Cyprus?
Yes. We serve clients from Russia, the CIS, Europe, and beyond, with no restrictions based on residency. All transactions are fully documented and comply with international AML / KYC requirements.
What does the ongoing engagement look like?
That depends on what works for you: a one-off transaction, a project mandate, or a retained advisory relationship. Long-term clients receive a dedicated manager and regular portfolio reviews at agreed intervals.
OTC & Asset Conversion
What asset types do you work with?
We work across a range of asset classes and settlement formats including cash (USD, EUR, TRY, RUB), bank transfers, and other instruments. Contact your manager for the current list of supported pairs.
Is there a minimum transaction size?
For standard conversion: from $500 equivalent. For OTC transactions: from $50,000. Pricing and terms are agreed individually for every deal.
How long does a transaction take?
Standard conversion: 30–60 minutes from receipt of funds. OTC transactions: by arrangement; typically same-day when both parties are ready to proceed.
Is KYC verification required?
Yes, in line with Northern Cyprus regulatory requirements. For standard transactions you will need a valid government-issued ID. The KYC process takes no more than 15 minutes.
How is OTC confidentiality maintained?
OTC transactions are executed without any public disclosure. An NDA is available on request. Client data is never shared with third parties except where required by law.
Atatürk Cad., Yasemin Str., Block 1, NO:2, Anfora Shopping Center, Iskele, Northern Cyprus