Magic Reflector is a Normal Spell Card.
Spell Cards are usually activated from the hand on your turn unless their type gives another timing window.
On the current TCG and OCG Forbidden & Limited lists tracked here, Magic Reflector is Unlimited.
YGOPRODeck lists Magic Reflector for these formats: GOAT, OCG GOAT, Duel Links, Common Charity, Edison, TCG, OCG, Master Duel.
A listed print of Magic Reflector appears in Dark Beginning 2 (DB2-EN196) at Common rarity.
Among markets shown on this page, the lowest listed snapshot for Magic Reflector is about $0.10 on Cardmarket (prices change frequently).
