Magic

"The language of the Mystic Arts is as old as civilization. The sorcerers of antiquity called the use of this language "spells", but if that word offends your modern sensibilities, you can call it a "program"; the source code that shapes reality. We harness energy drawn from other dimensions of the Multiverse to cast spells, to conjure shields and weapons, to make magic!"

- The Ancient One to Stephen Strange

Magic is the practice of using dimensional energies to manipulate aspects of the universe, and encompasses many different phenomenon including astral projection, divination, teleportation, and spell casting. It includes the practices of many cultures, nations and religions as well as many books and writings from ancient times. Depending upon the individual, some sorcerers practice their power by certain belief systems, such as Shamanism, Voodoo, Wicca, or any number of other practices from cultures around the world.

Sources of Power
According to Kevin Feige there are only three varieties of magical energies in the Marvel Cinematic Universe: Personal energy, Universal energy, and Dimensional energy.

Personal energies are those derived from the life force of the sorcerer. Personal energies can only be used to power abilities developed through mental studies and are thus limited to mental powers such as astral projection, hypnotism and telekinesis. However, because it is known that continual use of such energies will fatally deplete the individual by consuming their life force, sorcerers must also learn to harness external forces through meditation techniques and trained willpower.

One of the easier sources that a sorcerer can draw power from are the Universal energies of their home dimension. Universal energies can be used for conjuration and teleportation purposes and is commonly used in battle to create shields and weapons on command. Universal spells usually require specific gestures and/or words in order to be activated. Some Universal energies can also be used by astral bodies who contain a dimensional anchor in the form of an artifact or an individual. For example, the Ancient One was able to force the astral form of Doctor Strange to safely travel through the Multiverse and to return to their physical world by using herself as an anchor. She was also able to use the Astral Dimension to experience time slower.

And lastly, Dimensional energies are those that are bestowed upon a sorcerer from an extra-dimensional entity. These entities must be entreated by the sorcerer(s) using ritualistic spells and possibly a promise or sacrifice of some method. For example, Kaecilius and his followers promised to give Dormmamu access to the Earth Dimension in exchange for immortality and superior powers. Once their agreement had been made, Dormmamu proceeded to bestow his power unto the Zealots. However, the Ancient One has proven that some Dimensional energies can be channeled without the awareness or participation of the entities involved as she successfully managed to siphon power from the Dark Dimension for several hundred years without any allegiance or loyalty to Dormmamu.

Magic Schools
Due to the fact that all creatures have an inherent connection to the Multiverse, this subsequently means that all creatures, especially those with the mental capabilities to learn of its mechanisms (i.e. aliens, humans, etc.), have the potential to wield these powers through study and practice. Tilda Swinton explained in a Comic Con interview how magic is a learned skill that can develop into a tremendous power through which all things are possible. And while all individuals are capable of learning these skills, there are some individuals who are naturally better at them than others, which Mordo and Wong confirmed after they expressed their impression with Stephen Strange and explained how "[Stephen] was born for the Mystic Arts".

Nevertheless, all sorcerers, natural-born or not, are required to study the sciences of the forces that are channeled, not only as a means to better control them, but also as a means for safety. According to Kevin Feige "Natural talent only gets you so far. You still have to take the time to learn each spell and understand how it feels to complete it properly. Otherwise, you'll find yourself thinking that you're controlling these forces, when in fact, these forces are controlling you". Because of this, there presumably exists several schools of magic in the Marvel Cinematic Universe, with Kamar-Taj as one of the most famous on Earth.

Asgardian Magic
"Your ancestors called it magic and you call it science. Well, I come from a place where they are one and the same thing."

- Thor to Jane Foster

The Asgardian people do not see their magic as some elusive "mythical energy", they instead consider it to be an advanced field of science and part of their being. Their society does feature many myths and legends about magic and sorcery, but most consider it nothing that can't be explained through rational thought and discovery, not supernatural faith. Their transportation, architecture, weapons and even medical care are based upon using a blend of magical forces and technology. Individuals such as Frigga, Heimdall and Loki are able to tap into otherworldly forces to gain abilities beyond that of their fellow Asgardians through traditional sorcery. Asgard is also home to many relics, weapons and artifacts that do contain many magical properties.

Eldritch Magic
The Eldritch Magic utilized by the Masters of the Mystic Arts, is a light-based magic that produces sparks and fiery energy in a yellow/orange color palette. It can be used to generate constructs of tangible energy, such as weapons and shields. It also gives off light and warmth.

Other beings in the galaxy, like the Ravager sorcerer Krugarr, are adept of this type of magic.

Dark Dimension Magic
"Master Kaecilius, that ritual will bring you only sorrow."

- Ancient One to Kaecilius

Dark Dimension Magic is a magic that is forbidden by the Ancient One, (whom however used it to expand her lifespan so she could live longer to keep an eye on other members of the Masters of the Mystic Arts). The reason why she forbade this magic was because channeling energy from the Dark Dimension would open oneself to Dormammu's influence. The effects of using this spell include having a symbol burned on the user's forehead and an expanded lifespan to the point of near-immortality; however, any user who did not fully understand the Dark Dimension would gradually become a Mindless One, potentially condemning the user to an eternity of suffering. When Kaecilius and his fellow Zealots used stolen pages of the Book of Cagliostro to contact Dormammu and channel energy from Dark Dimension, Dormammu's influence over them (which marked the skin around their eyes dark purple and outlined silver and cracked, signifying their gradual transformation into Mindless Ones) allowed them to warp reality and even conjure Space Shards as weapons.

Darkhold Magic
An ancient book of spells and unspeakable power, that has been sought after by Red Skull, Daniel Whitehall, and Nick Fury.

Demonic Magic
Both Johnny Blaze and Robbie Reyes are able to access a magical force that enables them to turn into Ghost Rider - a powerful demonic entity of vengeance. The transformation requires a deal to be made over the user's soul and for that person to become a punisher of the wicked. With use of this demonic force, the user's body is transformed into a skeletal being with a flaming skull, and access to numerous superpowers.

Asgardian Magic

 * Illusion Manipulation: Loki and Frigga can generate hazy, green, holographic images, used to create illusions. They have both used this ability to either make decoys of themselves or another person, or to project themselves into another location to speak to someone, similar to astral projection. Loki was also able to use illusions to alter his appearance, usually altering his Asgardian armor into human clothes to blend in, as well as disguising the Scepter as a walking cane with a glowing handle. Through illusion, Loki was also able to disguise himself as both Odin and Captain America, and was able to make Thor appear as Sif. Later, Loki made it appear as if he had cut Thor's hand off and stabbed him. Loki was even able to project his illusions over his entire cell to make hide the fact that he was disheveled and that he had destroyed the room in anger over Frigga's death. Frigga was able to fool the Dark Elf sorcerer Malekith with a projection of Jane Foster during the Sacking of Asgard. Loki's illusions could also allow him to induce entrance people with visions, such as when he made Valkyrie relive her defeat against Hela and the lose of her fellow Valkyries simply by placing a hand on her head.

Eldritch Magic

 * Eldritch Whip: The Masters of the Mystic Arts are able to conjure fiery lines they can use as whips or lassos for combat. They constantly emit sparks, evoking a serrated appearance, and generate more force than the user normally can produce alone. This allows a user to effortlessly restrain and drag humans with the rope or strike someone with enough force to send them flying across a room. However, more powerful sorcerers can resist the whip's strength if it is used on them, allowing a skilled sorcerer to turn the whip's great force back on the user to effortlessly disarm them. This was evident when the Ancient One was unfazed by the Zealots that entangled her ankles with the whip, while she then proceeded to effortlessly pull those who were holding the other end of it to the ground with a tug of her leg.

Astral Dimension Magic

 * Astral Projection: The Masters of the Mystic Arts are able to leave their earthly bodies and enter the Astral Dimension.

Dark Dimension Magic

 * Reality Warping: After performing the ritual to contact Dormammu and tap into the powers of the Dark Dimension, Kaecilius and the Zealots were able to manipulate space without being in the Mirror Dimension. This allowed them to warp and twist the landscape of the Mirror Dimension, as well as the inside of the New York Sanctum. Also, they could run on walls and ceilings, totally disregarding gravity. In addition, their momentum seemed enhanced to the point where they could easily send someone flying with their attacks, especially while defying gravity. Another feat of reality warping seems to include freeing the user from Time Manipulation magic as Kaecilius used this power to remove himself from the Eye of Agamotto's influence to stop Doctor Strange from restoring the Hong Kong Sanctum.

Eye of Agamotto

 * Time Manipulation: When the Eye of Agamotto is wielded by someone possessing the necessary knowledge and skills, it appears to be able to control the flow of time through the Time Stone, be it on a small or massive scale, notably to turn back something to a previous state, to accelerate its time in order to apply changes that have not happened yet, or to lock it in a time loop, resetting its state until the wielder chooses to cease its effect. Another application of time manipulation that can be performed by a highly skillful user is to put a person/object/area within a time slip where a reverse effect of time won't affect that person/object/area. In this way, one can revive a person who died through conflict by reversing the time around that person and then enact the time slip influence on them so it won't redo their death, as seen when Doctor Strange put Wong into his time slip while using the Eye of Agamotto's powers to undo the Hong Kong Sanctum's destruction and as a result, the reversal effects wouldn't apply to Wong and his death was avoided.

Darkhold Magic

 * Infinite Knowledge: The Darkhold appears to contain infinite knowledge and it speaks to its user in their native language. Using the knowledge of the Darkhold, Joseph and Lucy Bauer have been able to build the Quantum Particle Generator to create matter out of thin air. It also gave Eli Morrow the knowledge to create containment boxes capable of containing spiritual entities, and even gave him the ability to create matter with his own hands. Using it seems to have a probability of causing the creation of a portal to Hell, such as when Aida's use of Project Looking Glass created one.


 * Corruption: The Darkhold has the ability to make its user obsessed with it and corrupt anyone like it did with Joseph and Lucy Bauer.

Transmutation

 * Matter Transmutation: During his meeting with Thor, Doctor Strange was able to turn a cup of tea into a mug of beer after Thor said he does not drink tea. The mug, which Thor suddenly found in his hand in the place of the tea cup, was also able to magically refill itself, much to the pleasant surprise of Thor.

Demonic Magic

 * Demonic Transformation: Johnny Blaze, Robbie Reyes, Alphonso Mackenzie, and Phil Coulson are able to transform into skeletal humanoids engulfed in flames when connected to a Spirit of Vengeance.

Chi
While not a traditional form of magic, Chi is a spiritual energy that has mystical practices surrounding it, thus classifying it as magic. It is channeled by the Iron Fist, and other martial artists, to enhance their bodies far beyond human limits, and perform other magical techniques such as healing wounds or sealing a door shut.

Magic Items
The reason for objects and structures with magical properties is explained by Karl Mordo as sorcerers imbuing objects with magic to take the strain sorcerers cannot, due to some magic being too powerful to sustain. Magical objects from Earth are called Relics.
 * Asgardian Magic
 * Mjølnir
 * Gungnir
 * Runestone
 * Book of Yggdrasil
 * Berserker Staff
 * Frost Giant Magic
 * Casket of Ancient Winters
 * Fire Demon Magic
 * Twilight Sword
 * Eternal Flame
 * Eldritch Magic
 * Dark Scepter
 * Bow and Arrow of Apollon
 * Book of Cagliostro
 * Cloak of Levitation
 * Orb of Agamotto
 * Sling Ring
 * Staff of the Living Tribunal
 * Vaulting Boots of Valtorr
 * Wand of Watoomb
 * Staff of One
 * Crimson Bands of Cyttorak
 * Brazier of Bom'Galiath
 * Pincers of Power
 * Hoary Hosts of Hoggoth
 * Hell Magic
 * Darkhold

Trivia

 * Eli Morrow's ability to create matter by drawing energy from another dimension is strikingly akin to magic.
 * Despite their prominent power and knowledge, the Masters of the Mystic Arts are shown to be limited in their ability to use magic for healing compared to other mystical sources, such as the Spirit of Vengeance, and Chi energy.