ΔE 8.3, close: similar, with a visible difference side by side. Medium Violet is a little darker, more muted than Magecast Magenta.
Usually, if you are not matching paint already on the model. Close match (ΔE 8). Medium Violet is a little darker, more muted than Magecast Magenta.
The same difference applies the other way round: Magecast Magenta is a little lighter, more saturated.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Magecast Magenta on the colour wheel See Medium Violet on the colour wheel
All matches: Magecast Magenta equivalents · Medium Violet equivalents