A magnetic black toner for electrophotography comprising a binding resin, a magnetic substance, and a pigment, wherein the pigment is at least one of phthalocyanine pigment and Mn containing hematite, and the content ratio of the magnetic substance and the pigment in the toner satisfy the following formulae: 10.ltoreq.A.ltoreq.30, 0.1.ltoreq.B.ltoreq.3, 5.ltoreq.C.ltoreq.40, wherein A denotes the content ratio (mass %) of the magnetic substance in the toner, B denotes the content ratio (mass %) of the phthalocyanine pigment in the toner, and C denotes the content ratio (mass %) of the Mn containing hematite in the toner.